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Sports betting has finally arrived in Massachusetts. It officially went live at 10 a.m. ET, and now Massachusetts residents can get in on the action.
There may not be a better time to be a sports fan as so much is going on right now. We are just days away from Selection Sunday, and March Madness is imminent.
In addition to college hoops, there is also daily slates of NHL, NBA, and MLB Spring Training.
However, the best part about the launch is the tremendous welcome offers. Many of the world’s top sportsbooks are offering new customers great ways to kickstart their bankrolls.
Let’s go over all six of the offers available to Massachusetts bettors on launch day.
Top Mass. Sports Betting Offers
1. BetMGM Sportsbook
BetMGM is a great place to start your betting journey, as you can get up to $1,000 back in bonus bets if your first bet loses. That means you’ll get refunded in bonus bets equal to whatever you lost, up to $1,000.
You can access this offer when you sign up using the bonus code NPBONUS. Follow the link below to get started.
2. FanDuel Sportbook FanDuel has become one of the nation’s most popular sportsbooks, and this welcome offer is a testament to why. New customers can score $200 in bonus bets after betting just $5 with their first bet. You don’t even need a promo code to claim this offer. Just tap the button below to begin the registration process and you’ll have your bonus bets in no time. 3. Caesars Sportsbook Caesars calls itself the “king of sportsbooks,” and they may be giving Massachusetts customers the king of welcome offers. New users can get up to $1,500 back in bonus bets if their first bet loses. The offer is similar to that of BetMGM, except here, you have the ability to risk $500 more. You can get your hands on this massive offer when you sign up with the promo code NPBONUS1BET.
4. WynnBet Sportsbook
WynnBet is another fantastic option, as new customers in Massachusetts have the potential to double their bankroll with just one bet. Right now, you can get $100 in bet credits when you bet $100 after signing up using the WynnBet promo code XNPBONUSMA.
5. Barstool Sportsbook
Barstool is offering Massachusetts users a $1,000 new player bonus. This offer is similar to BetMGM’s as you will be returned 100 percent of your first wager if it loses, as long as it’s less than $1,000.
6. DraftKings Sportsbook
DraftKings has an exciting offer for new users in Massachusetts. They are willing to give new customers at 20 percent bonus on their initial deposit up to $1,000. So to get the max bonus, you would have to deposit $5,000.
How to use your Bonus Bets
Once you place your first bet and the event reaches a result, you will receive your bonus bets. The catch about bonus bets is that you don’t keep your stake like a standard cash wager.
Since you will only be keep what you win, it is important to maximize your return. You can do this by placing bet with plus-money odds.
A bet with +100 odds will return you the exact amount of your stake. Any number higher and you will make more than that.
However, be wary as the longer your odds get, the less chance you have of winning. So one of the better ways to covert your bonus bets into playable cash would be to take alternate spreads.
How First Bet Offers work
Since you could use your BetMGM or Caesars bonus offer on one of tonight’s NBA matchups, let’s go over how it works to ensure success.
If you win your first bet: If the first bet you place at BetMGM wins, you keep the wager and the winnings. It will then become real cash that is withdrawable.
If you lose your first bet: Your account will be credited with bonus bets equal to the amount you wagered. However, you must remember, to see the full $1,000 back in bonus bets, it requires depositing and wagering the max of $1,000. If you deposit and bet only $100 and it loses, you’ve got yourself $100 in bonus bets. If you deposit and bet $500, you’d get $500 back in bonus bets, and the same applies to any amount.
So, suppose you deposit $500 and bet it all on Portland +1 (-110) against Philadelphia this Friday at BetMGM.
If the Trail Blazers cover, your profit is $454.54, and you keep the original $500. You’ve now got yourself a grand total of $954.54 in your account. You can withdraw all of this.
If the Trail Blazers don’t cover, you get $500 back in bonus bets.
If you or a loved one is experiencing problems with gambling, call (800)-327-5050 for 24/7 support.
Terms and conditions at bet.WynnBET.com. Must be 21 or older to participate. Get set before you bet – talk to GameSense first! LiveChat @ GameSenseMA.com or call 1-800-GAM-1234.
The top Massachusetts sports betting sign-up offers and promo codes for launch day
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