The top-rated Indiana sportsbook promos, free bets & bonuses

Now that sports betting is legal in Indiana for both retail and online wagers, you can claim some free sportsbook bets and bonuses from IN Sportsbooks.

The Indiana Gaming Commission has helped to create a safe and secure betting industry in the Hoosier State. It has joined New Jersey, New York, and other states to offer an exciting online sports wagering market. As a result, many operators have launched online sportsbooks in the state giving Indiana bettors plenty of sports betting options. Sports wagering has grown since the early days of Daily Fantasy Sports. With competition in the Indiana sports betting industry high, online sportsbooks offer various bonuses to attract new players and keep them engaged.

Online casino gaming is not yet legal in Indiana, but bettors can use their Indiana promo code to claim their welcome bonus and start betting on any legal Indiana sports betting site.

This article will look at the best sportsbook offers for new IN players in detail, what they mean for the player, and how to claim them. Any bonuses we mention are great deals for a player in terms of value, as we have carried out numerous reviews of online sportsbooks so we can pick ones that offer the best value for players. Not every bonus will be suitable for every player, so we have explained what all of the main bonuses mean to give you a greater idea if they are right for you. Claim the offers online, or on one of the Indiana Sportsbook apps by following the links on this page and entering the corresponding promo code.

5 Best Indiana Sportsbook Bonuses for April 2024

Want to know which of the listed Indiana Sportsbooks offer the best sign-up bonus or free bet? Well, the best free offers come from the following operators:

🏈Sportsbook	🎁Bonus Offer	🎁Promo Code
BetMGM Sports	$1,000 Matched Deposit Bonus	GAMBLEUSA
DraftKings Sportsbook	$1,000 Deposit Bonus	Use Links
FanDuel Sportsbook	$1,000 No Sweat Free Bet	Use Links
PointsBet Sportsbook	5 x $50 2nd chance bets	GUSA
Unibet Sportsbook	$250 Bonus Bet	Use Links
BetRivers Sportsbook	100% Deposit Match worth up to $500	SPORTS
Betway Sportsbook	$250 Bonus Bet	Use Links
Barstool Sportsbook	$1,000 Bonus Bet	Use Links

Some other notable betting app offers include the SI Sportsbook (Sports Illustrated sportsbook), SBK Sportsbook and Bally Bet.

Any online sportsbook in Indiana can maintain steady profit levels by offering players undervalued odds on their wagers. However, online sports bettors who are wise enough can turn any advantage the sportsbook may have and turn it around to their favor. One of the most straightforward and effective ways to do this is to take advantage of Indiana sportsbook bonuses, free bets, and promotional offers.

As land-based sportsbooks do not offer a great range of bonuses, players have turned to online Indiana sportsbooks where they will find a plethora of lucrative bonus offers. These bonuses range from a free bet no deposit needed to a deposit match and a bonus bet. Bettors in Indiana have tonnes of choice to claim these bonuses, and in doing so, have more opportunity to make some cash. On this page, we will look at some of the best free sportsbook bets in Indiana and how you can use our bonus codes to redeem them.

#1 BetMGM Sportsbook Indiana bonus

The BetMGM sportsbook has made a splash in the Indiana sports betting market with an attractive $1,500 bonus bet. Some free bets can be straightforward, while others can have a little more to them, depending on which IN online sportsbook you are using. The BetMGM welcome bonus works in the following way:

If the first bet you place is $49 or less and it loses, the operator will reimburse the entire stake via a single deposit. However, if the stake is above $50 and it loses, the site credit will make its way into your BetMGM sportsbook account via 20% installments.

Consequently, if you were to wager $1,000 on the initial qualifying wager and it loses, you will get site credits back to you in separate $200 payments. Having the flexibility to place five subsequent bets using site credit is one of the best aspects of this bonus bet offer.

Here are some things to note before you claim this offer on the BetMGM sportsbook app:

• Use the BetMGM bonus code GAMBLEUSA to claim the offer.
• There is a minimum $10 deposit required.
• The first bet has a maximum value of $1,000 (which must lose), which the operator will match and add to your account.
• You have seven days to redeem your free bets.
• All free bets are added to your account within 24 hours of the initial losing bet.

Pros

• $1,000 is a lot of money in the online sports betting market
• Site credit is added within 24 hours
• Credit is given out in five separate installments

Cons

• Winnings only paid out on bets that use free site credit
• You must use all free bets within a week

Why is the $1,000 bonus bet offer good for you?

BetMGM knows how things work in the online gaming space. Whether it’s the BetMGM casino or their platform in the legalized sports betting industry, they know what bettors want. The fact that BetMGM disperses the reimbursement provides a significant level of freedom and flexibility and allows you to reinvest the free credit in multiple subsequent wagers. That makes this offer one of the best in the IN sports betting market.

#2 BetRivers Sportsbook Indiana bonus

BetRivers first appeared in Indiana by establishing a brick-and-mortar presence at French Lick Casino. Naturally, its online sports betting platform duly followed offering a wide range of markets in addition to an attractive welcome bonus.

New users who create an account on BetRivers Indiana will be greeted with a bonus bet bonus worth up to $500. Although it may not be as high in value as other online sportsbook sites in IN, it is still worthwhile.

Let’s take a look at the details:

• Value is 100% off initial deposit worth up to $500.
• Awarded as free site credit when conditions of deposit have been met.
• Qualifying bet only needs to match the amount you deposited.
• Use BetRivers promo code SPORTS to claim.
• The bonus expires after 30 days.

Pros

• 100% free bet up to $500
• No strict wagering requirements
• Easy to use

Cons

• Value is lower compared to other IN sports betting sites
• Some markets may be restricted

Why is the $500 bonus bet offer good for you?

Unlike a lot of promotions, where you are required to wager five times the bonus or more before you can claim it, BetRivers IN states that players only need to bet the amount equal to the bonus. For example, you only need to bet $30 total to claim your deposit bonus of $30.

Why is this bonus bet and rewards bonus good for you?

The BetRivers sportsbook Indiana promo is an excellent way to attract new users to sign up. By giving people a second chance on their first wager, bettors who may be a little tentative can test the waters before getting more confident and deciding if this is the site for them.

#3 Draftkings Sportsbook Indiana bonus

DraftKings and sports betting will forever be linked thanks to its history with Daily fantasy sports. As online sports betting has become more readily available across the US, sports bettors can access the DraftKings sportsbook app in numerous states.

Mobile sports betting is available in Indiana, and new users can take advantage of a sign-up bonus worth up to $1,050. There is no DraftKings sportsbook promo code needed to claim this offer. All you need to do is sign up using any of our exclusive links, and the credit will automatically be added to your DraftKings Indiana account when you deposit.

Here are things to consider with this DraftKings deposit bonus:

• Maximum value is $1,000.
• Initial deposit will be matched at 20%.
• For you to get the entire $1,000 bonus, you must deposit $5,000.
• You must play through the bonus 25X before you can withdraw funds.
• You will receive an additional $50 free bet after your initial deposit.

Pros

• $1,000 value is high
• Get a high match value of 20%
• Users receive another $50 on top of the initial offer

Cons

• Quite a stringent 25x playthrough requirement
• Must deposit $5,000 if you want the full $1,000 bonus

Why is this sportsbook deposit bonus up to $1,000 good for you?

DraftKings is one of the biggest names in the legal sports betting scene, and receiving free money is always beneficial. The Indiana DraftKings sportsbook allows you to use your bonus funds on in-game betting markets where you can benefit from the highly competitive DraftKings odds. No DraftKings promo code is required; use our links and create your DraftKings IN sportsbook account today.

#4 FanDuel Sportsbook Indiana bonus

FanDuel is fully aware of what bettors want from their online sports betting experience. FanDuel Indiana is currently offering a $1,000 no-sweat first-bet promo. This has proven to be extremely popular in the state because of the increased maximum match offer. If you place a qualifying bet of $1,000 and it loses, FanDuel refunds the entire stake in the form of free bets.

There is a significant list of terms and conditions regarding this welcome bonus. This is the case for all Indiana online sportsbooks, and it is important you are aware of the details, which can be found below:

• The credit will be added to your FanDuel account with an amount equal to the stake reaching a maximum of $1,000 if the bet loses.
• Free bet credit will arrive in your account within 72 hours of your first bet setting as a loss.
• You can use the site credit on any market, but it must be used within 14 days.
• You cannot withdraw site credit. However, you can withdraw your winnings after reinvesting site credit on subsequent wagers.
• There is no FanDuel promo code required. Use our exclusive links to claim your $1,000 opening promo.

Pros

• A lot of money in free bets
• Can be used on any markets
• Excellent offer for beginners in Indiana

Cons

• Site credit can’t be instantly withdrawn
• Takes 72 hours for free credit to arrive in your account

Why is this $1,000 insurance bonus good for you?

This offer from FanDuel encourages people to branch out and explore markets they ordinarily wouldn’t. The free site credit will appear to give you a safety blanket if you try something and take a swing.

What we consider when comparing Indiana Sportsbook bonuses

There are several things to consider when comparing different Indiana sports betting bonuses and all play a crucial role when deciding which promo is the best in the state. Some of the key factors we consider for each promo include:

• Final bonus amount given via a promo. Naturally, sports bettors will be drawn to the amount of free cash or bet credits they will receive from any bonus.
• Deposit size required to trigger the bonus. Some bonuses may require a large deposit before you get your hands on the bonus funds.
• Wagering requirements. This is massive when talking about any sort of bonus. Always look at how many times you have to keep betting before you are eligible to withdraw any deposit match bonuses.
• How good is the general betting experience on the sportsbook? We test the apps out to discover if you can wager on the move easily and there are no glitches. Are they intuitive and user friendly?

To give you a good idea of the best Indiana sportsbook promos, we have listed the most common promos, how to use them and how you can maximize them to improve your bankroll. Whether you are using the Barstool sportsbook or the Betway sportsbook, we want you to benefit fully from any sportsbook bonuses.

What are Betting Promo Codes?

In some instances, to claim a bonus offer, sports bettors must choose to opt-in for a sportsbook promo code or bonus code. A promo code will typically appear in all capitals and be a short word such as ‘BONUSNOW‘ or ‘PLAYERBONUS.’ A sports betting promo code is essentially a coupon, but instead of getting a discount on some goods in a store, players get more value on their bets.

Promo codes are most commonly used when a player is first registering for an account at a sportsbook. The majority of online sportsbooks will have a promo code box available on one of the online sign-up forms. There will typically be options to create a password and enter your details on a sign-up screen, and there will also be an option to enter a promo code. A lot of the codes can be used in conjunction with matched betting in the US.

Entering a bonus code will present players with one of the most lucrative promotions they will receive at an online sportsbook: a welcome bonus. As part of greeting new players, sportsbooks will offer a welcome package that is typically worth hundreds of dollars, and they are definitely not to be missed.

Why Use an Bonus Code for IN Sports Betting?

Online football betting bonuses allow customers the chance to try and ‘get one over’ a sportsbook as they are playing with house money. This is a rare opportunity, so if you want to make some real money keeping your eyes peeled for the best bonus offers is worthwhile. Free bets for existing customers are very hard to come by and sportsbooks usually reserve the best offers for new players.

Every bonus will come with a catch or requirement, but Indiana’s sports betting industry contains some excellent offers. Furthermore, the industry is safe and secure; the Indiana sportsbooks we have listed above have all been licensed by the Indiana Gaming Commission. Some new betting sites, such as mybookie and BetOnline, are not licensed, so carry greater risk. Signing up with an IN sportsbook is easy but if you are new to online or mobile betting, you may feel it can be complicated. Don’t worry, we have a handy how-to join an IN Sportsbook guide just for you.

How to Use an IN Sportsbook Promo Code

Understanding the importance of betting on sports with a bonus instead of going empty-handed is one thing. Actually redeeming the best IN sportsbook bonuses and betting with insurance or getting free bets when things go south is another.

First, you must decide which of the IN sportsbook promo codes is suitable for your betting strategy. If you bet methodically, sportsbook deposit bonuses are great. If you like taking risks, a $1,000 bonus bet can make all the difference in the world. Our table highlights several bonuses; make your decision or claim each in order.

Here is how to use an IN sportsbook promo code:

1. Click on the Get Bonus green button from the banners on this page.
2. Our secure links will take you to your favorite sportsbook and qualify you for the welcome bonus. Remember that you must be in Indiana or a state where the particular sportsbook is legal to claim the free bet.
3. Click to register a new sportsbook account. A promo code field will be provided during this process or when you first deposit, depending on the operator. If a promo code corresponds to the IN sportsbook you joined, you will find it in our table above. If not, you don’t need one to claim the bonus.
4. Provide the sportsbook with the required information and verify your new account.
5. After you deposit the minimum required amount, you can bet with free cash. To receive a sportsbook bonus, you must comply with the offers’ terms and conditions, such as minimum odds, qualifying markets, and minimum/maximum bet amounts.

Any bettor over 21 can redeem the offers from this page as long as they bet from Indiana or a qualifying state.

Wagering Requirements

Before we take an in-depth look at the range of deposit bonuses, $1,000bonus bets, and first bet options offered by Indiana sportsbooks, players should be aware of wagering requirements and how they work. We haven’t come across many sports betting sites that offer bonuses without wagering requirements and specific terms and conditions. The more players grasp the concept of how these work, the more quickly they can judge if a bonus is worthwhile and adds any value to their betting.

First, we must stress the importance of reading the fine print that comes with any deposit bonus, as there you will find a section on wagering requirements or playthrough requirements. These are the same thing, and the concept is that you must bet a certain amount of money before withdrawing the bonus money or any subsequent winnings won by betting the bonus money.

So the lower the wagering requirements, the more valuable and better the bonus, the higher the wagering requirements, the less impressive the bonus is.

Each sportsbook Indiana listed in this article has some form of wagering requirement.

Always Look at Wagering Requirements

Using a straightforward example, you come across a 100% matched deposit bonus worth up to $200. If the rollover for this bonus states 1x, it means you would need to place bets worth $200 before you can withdraw the bonus money or any winnings that are linked to the bonus money.

Some rollovers will be as high as x20, which is why it is crucial to always read them as you may not feel it offers excellent value for you. Deciding which bonus is best for you will come down to your budget and your skill level.

To give you a rough idea, FanDuel IN Sportsbook and BetRivers IN Sportsbook provide bet insurance and free bets, respectively, with 1x rollover requirements. Things don’t get better than that. On the other hand, the DraftKings IN Sportsbook promo code and the Barstool IN bonus feature 20 – 30x wagering requirements. In these cases, you would need to bet thousands worth of bets before you could cash out any winnings.

Welcome Bonuses at Indiana Online Sportsbooks

Once you are familiar with how wagering requirements and terms and conditions of bonuses work, it is then vital to understand what different types of bonuses you will come across. Since sportsbooks in Indiana have launched, we have seen a wide range of promotions and bonus incentives to attract new players to their online sports betting platforms. These bonuses are a great way to start your bankroll and you can use them to bet on the Indiana Pacers or any other hometown favorite.

Below you will find a list of the most common bonuses you will find with an online bookmaker in Indiana.

No-Deposit Bonuses

We will start with the most straightforward bonus to understand. There are fantastic for new players and anybody new to online sports betting as there is a small amount of risk for the player due to the fact you do not need to make a first deposit to claim the offer. The only thing a player needs to do is register for an account with the online sportsbook. A no-deposit bonus is also sometimes referred to as a free bet no deposit.

These bonuses are a dream ticket in terms of using house money to try and get your bankroll off to a great start. However, as we have mentioned, there will always be a catch or caveat, and no-deposit bonuses come with wagering requirements. Players won’t have the option to immediately withdraw the bonus funds; they will be required to use them with the sportsbook.

Some online sportsbooks may ask the player to bet the bonus funds only once before withdrawing; others may ask for a high playthrough requirement of x10 or x20. You must read the terms and conditions before playing. Despite the wagering requirements, no-deposit bonuses are great to take advantage of as they are not tricky to clear and can be used to make real money from betting without the need to deposit.

Another thing to look out for with a no-deposit bonus is if there is a time limit set. Some sportsbooks will state you are required to claim your bonus within a specific time frame. Once signed up, you may need to make a deposit in order to claim the bonus. To see more on cashier options, have a look at our Indiana Sportsbooks banking options page. There are lots of convenient ways to deposit, including several IN Sportsbooks that use PayPal.

At this moment, only Barstool and Parx are offering some types of free-bets no deposit for new Indiana bettors.

First Deposit Match Bonuses

A first deposit match bonus is perhaps the most common type of promotion offered by online casinos and is now prominent in the online sports betting world. The idea behind these deposit bonuses is simple; Players sign up for an online sportsbook account and make a deposit. The sportsbook, then in return, matches that deposit via a certain percentage.

For example, a 100% matched deposit bonus gets doubled with the bonus money. If you deposit $100, you get $100 in bonus money, deposit $300, get $300, etc. Similarly, a 20% match bonus will add an extra $20 on a $100 deposit.

With these types of bonuses, the bigger the match rate, the smaller the maximum bonus. Bettors in Indiana may come across a 100% bonus worth up to a maximum of $200, but a 20% matched bonus may be worth up to as much as $500. These will vary across different online sportsbooks in the Indiana sports betting market, so it is worth doing some research to find the best ones. For instance, DraftKings IN provides a 20% first deposit bonus up to $1,000, while Barstool IN a 100% match bonus up to $1,000. Not hard to make your selection, right?

Free Bets

Free bets are another common type of promotion offered to new players by many online sportsbooks in Indiana and across the country. There are no tricks here or complicated rules to follow. Players can make a bet on the house, and any winnings from those bets are instantly awarded as cash. Players must note that the initial free bet amount is not cashable.

For example, if a customer is given a free bet of $100 and bet on Seattle Seahawks to win the Super Bowl at +100, they would get $200 if it wins, not $400, which they would have done had they used their own money. Free bets will typically come in three different forms; No-deposit free bets matched free bets and deposit-matched free bets.

Free bets will usually come with some restrictions, as an online sportsbook will not want to be giving too much advantage away. Some betting sites may state that free bets can only be used on markets at odds greater than  -200 or -300. Furthermore, free bets will have an expiration date attached to them, so make sure you check when it runs out before playing.

Another example of free bets unique to the US and Indiana betting market is available on BetRivers Sportsbook. With this, bettors have to place a seemingly low real money first bet, and get a massive free bet in return.

Bonus Bets

Bonus bets are relatively common in regulated online sports betting markets. The general idea behind a bonus bet is that you must first create an online sportsbook account and place a wager with your own funds to qualify. If the first bet you make wins, you win the money, and nothing out of the ordinary happens. However, if your first bet loses, the sportsbook will refund the amount of the wager, up to a particular value. The refund will be in the form of site credit, so it cannot be withdrawn.

Although bonus bets sound fantastic, you still have to bet with your own money, and players who win with their initial bet don’t win any extra money beyond their winnings. In our opinion, they are not as favorable as free bets or 100% deposit cash bonuses, but a bonus bet is still a decent offer.

Odds Boosts

Occasionally, sportsbooks will take a popular bet or bets and boost the odds on those markets temporarily. These will not be Vegas odds or odds you will find on ESPN, but specific t the sportsbook.

For example, if a team is priced at +2000 to win a particular game, and odds boost promotion will bump this up to +5000. One of the great things about an odds boost promo is that they don’t come with lots of requirements and conditions. The only thing to consider is that there will be a strict limit on the amount you can bet on an event with enhanced odds.

With that in mind, if you come across a sportsbook that is offering a fantastic odds boost on a game and you will get the winnings in cash, it is a good idea to bet heavily on that game with as much money as the sportsbook will accept. PointsBet and Unibet are renowned sportsbooks in terms of their odds boosts bonuses.

So now you know which IN Sportsbooks offer the best sign-up bonuses. Get those bets on in time for the big game. Stay up to date with the latest sportsbook offers on our news blog.

Other Promotions at Indiana Sports Betting Sites

Besides welcome bonuses, online sportsbooks in Indiana will offer daily or weekly promotions to keep their players engaged and coming back to bet. The below list outlines some of the most promos players are likely to find in the Indiana sports betting market.

Parlay Insurance

This is great for customers who enjoy a parlay bet. If you place a parlay wager and only one leg loses, you will get bonus funds back on your original bet. Parlay betting is very popular, especially on mobile. Most operators now offer parlay betting, you can check out this guide on the best parlay betting apps for more information.

Close Call Insurance

The general concept behind these promos is that if you bet on a team and they come close but still lose, you will receive a refund on your wager with cash up to a certain amount of bonus money. A typical example would be if your team is leading at halftime but goes on to lose, or loses in the last minute narrowly.

Early Payouts

These promos grade your pre-game wagers winners if the team you have backed does something specific in a game such as scores the first TD.

Cashback Bonuses

These are popular in the sports betting world as players can mitigate their losses. A sportsbook will advertise a particular bet, such as who will win the first game of an NBA playoff series. If the bet is successful, the player gets their money. However, if the bet loses, they will get a certain amount of wager back in the form of cash or a bonus bet. Money is obviously the gold ticket, but you are still getting something back on a losing bet even if you get a bonus bet.

Full List of Legal Sportsbooks with Bonuses in Indiana

We have listed the most prominent sportsbooks in Indiana above with each bonus next to the betting site. We also thought it would be helpful to provide all of the options available in Indiana to place a sports bet. There are currently 13 online sportsbooks in Indiana:

• FanDuel Indiana
• Hard Rock Sportsbook Indiana
• Betway Indiana
• DraftKings Indiana
• BetMGM Indiana
• BetRivers Indiana
• SBK Indiana
• Unibet Indiana
• Barstool Sports Indiana
• Bally Bet Indiana
• PointsBet Indiana
• Bally Bet Indiana
• SI Sportsbook Indiana

Each Indiana online sportsbook listed above offers bonuses for new players and ongoing promotions. They also all have a dedicated sportsbook app, allowing to bet on the go. All of the above betting apps cover every typical bet type.

Some operators, including DraftKings, FanDuel, and BetMGM, offer more niche betting options such as the same game parlay.

Responsible Gambling with Indiana Promos

Each state which has a legal online gambling industry is regulated by a governing body. The Indiana Gaming Commission is the authority which oversees legal sports betting regulation, oversight and law enforcement. The Commission is also responsible to review operator applications, conducting detailed site and app audits, issuing licenses, putting measures in place for problem gambling education and also treatment options.

If you visit the commission’s website, you will discover a significant section dedicated to problem gambling resources, including an exclusive hotline available for anybody feeling vulnerable to use. With the growing online betting industry in the state, gaining access to an online sportsbook has never been easier. This means you can claim welcome bonuses, sign up offers and several other promotions worth thousands of dollars. Therefore, those that are susceptible to addiction may require some assistance to maintain a healthy relationship with sports betting. Some of the excellent measures available from the IGC also include:

• Internet self restriction schemes
• Treatment centers
• Voluntary self-exclusion programs
• Gamblers Anonymous meetings

Although these promos are there to help you initially when you sign up, they can become addictive as you are essentially getting free cash just for providing some details. As you can see from the list above, there are numerous things in place to assist you if you feel you are spending too much time on these sites.

Indiana Sportsbook Bonuses FAQ