Massachusetts Sportsbook Bonuses & Promos October 2022

The countdown is on for Massachusetts sports betting to finally launch — both online and in-person.

That means sportsbooks eager to tap into the Boston-led sports betting haven are going to offer some excellent Massachusetts sportsbook bonuses to get as many MA residents to sign up as quickly as possible.

Below, you’ll find our in-depth breakdown of the various potential Massachusetts sportsbook promos we could see pop up. If you’re interested, we also delve into all the different kinds of welcome bonuses — and if they’re worth it or not.

And, finally, when MA sports betting does finally launch, be sure to check this page to find all the Massachusetts sportsbook promo codes you could ever need.

Best Massachusetts Sportsbook Bonuses October 2022

Here are some examples of the best sign-up promo offers available for new players at sports betting sites that could potentially launch in Massachusetts. We know of three that will for sure come to Massachusetts, thanks to existing retail casinos in the state: BetMGM Massachusetts (MGM Springfield), WynnBET Massachusetts (Encore Boston Harbor), and PENN Gaming/Barstool Sportsbook Massachusetts (Plainridge Park Casino).

Beyond those three, there are 12 additional Massachusetts sports betting licenses up for grabs. The Massachusetts Gaming Commission reported it had heard from 42 companies seeking MA sports betting licenses, including BetMGM, WynnBET, and PENN Gaming/Barstool Sportsbook.

SportsbookWelcome BonusPromo Code
DraftKings Massachusetts$50 free + 20% deposit match up to $1,000Coming soon
FanDuel MassachusettsNo sweat first bet up to $1,000Coming soon
BetRivers Massachusetts100% deposit match up to $500Coming soon
BetMGM MassachusettsRisk-free bet up to $1,000Coming soon
Caesars Sportsbook MassachusettsFirst bet is on Caesars up to $1,250Coming soon
WynnBET MassachusettsBet $100, get $100 in free betsComing soon
Barstool Sportsbook MassachusettsRisk-free bet up to $1,000Coming soon
PointsBet MassachusettsTwo second chance bets up to $2,000Coming soon

Different Types of Massachusetts Sports Betting Promos

Here’s a look at the different types of bonuses MA sports bettors may have available if the state legalizes sports betting:

Free Bets

Free bets are exactly what they sound like: free bets. They’re often quite small compared to the maximum value of other bonuses, but free money is good money, so matter how much.

There’s just one condition: You have to use the bonus cash the sportsbook gives you on a bet. That means, no, you cannot just withdraw the money that automatically funds your account when you register for a sportsbook. For instance: DraftKings Massachusetts currently offers a $50 free bet in states where its sports betting app has already launched.

Risk-Free Bets

The risk-free bet has emerged as the most popular bonus lately among online sportsbooks. It’s like a second chance on your first bet. In other words, a sportsbook will refund anything you lose on your first bet up to a specific limit.

It’s important to note that refund will most likely be in the form of site credit. You cannot withdraw site credit as cash. It can only be used on bets placed with the sportsbook. However, any money you win using that site credit will be yours to withdraw and keep and use to continue betting.

FanDuel Massachusetts is one of the originators of this type of bonus, and the “no sweat first bet” of up to $1,000 that it offers new customers is still one of the best for this option.

Deposit Bonuses

A deposit bonus is the original and ultimate strings-attached bonus. The strings include the fact that you need to make a deposit to claim the bonus funds and bet a certain amount to release them. Deposit matching bonuses match a certain percentage of your deposit up to a specific limit and release that bonus to you according to the bonuses’ wagering requirements.

Most of the time, that percentage is 100%, and while the wagering requirement might force you to bet as much as 20 times your bonus or more, you will find deposit bonuses with just a one-time wagering requirement.

BetRivers Massachusetts has become America’s deposit bonus king, offering matching funds up to $500 to new customers with just a one-time wagering requirement.

No Deposit Bonuses

A no deposit bonus generally is similar to a free bet. The difference is you can use it as a single free bet or turn it into multiple bets. It generally takes the form of bonus cash with a wagering requirement that you need to meet. These days, free bets and risk-free bets have replaced no deposit bonuses at most top Massachusetts online sports betting sites.

Odds Boosts

The odds boost is a sportsbook promo that offers you better-than-normal odds on a certain bet. Sometimes, sportsbooks will even let you choose the bet you want to boost. The catch is that you have to win your bet for the enhanced odds to have any value.

BetMGM Massachusetts has emerged as a leader when it comes to odds boosts, offering 20-1 boosts on big games and local teams or UFC fight odds, plus parlay boosts and other promos offering better odds and bonuses.

Profit Boosts

The profit boost is a sportsbook promo offering you a bigger payout on certain bets, usually a specific percentage increase. Of course, you have to win the bet for the profit boost to have any value. Caesars Sportsbook Massachusetts delivers big-time on profit boosts, potentially offering a 33% profit boost on NBA odds and NHL odds, up to three per day, for example.

Are Sportsbook Bonuses Worth It?

That really is up to each individual person, and it can depend on a few things.

First of all, a free bet is always a good thing. Or at least it’s an easy-to-use, easy-to-understand thing. As long as you read the terms and conditions and know how to access the bonus, a free bet is a great way to start your sports betting experience.

Risk-free bets sound appealing and rewarding. And plenty are. But it’s even more important to understand the terms and conditions for these risk0free bets. We suggest you keep an out for a 1x wagering requirement. That means that, when you use the site credit you got because you lost your first bet, you only have to bet its value once in order to keep your winnings.

You also want to pay special attention to the playthrough requirement on deposit-matching bonuses. A 20% deposit match up to $1,000 sounds a lot less appealing if you have to play through that initial deposit five times before you get your match. If a deposit-matching bonus has a 1x playthrough requirement, we recommend you jump all over that. If not, just be sure to read the terms and conditions to see if the bonus is worth opting in to.

Finally, deciding whether an odds boost, profit boost or other sports betting promo is worth it starts with a close look at the bet itself. A boost to the odds or profit of a bet you might otherwise have made at the original Massachusetts betting odds can certainly be worth trying. If the bet doesn’t stand a chance of winning, however, it’s not. Losing bets with boosted odds or profits aren’t worth a thing. In other words, there’s no value there, no matter how big the boost.

Playthrough Requirements for Online Sportsbook Bonuses

Playthrough requirements are the thing that makes sure you can’t just take the bonus money a sportsbook gives you and withdraw it to your bank account. The requirements mean you have to bet the bonus money you receive a specific number of times before you can actually withdraw it and walk away.

Different bonuses have different wagering requirements, but the lower the number, the better it is for you as a bettor.

Ongoing Massachusetts Sports Betting Promos

Event Bonuses

Sportsbooks don’t just use bonuses and promos to attract new customers. They use them to maintain those customers, too. Sports betting apps often tie their ongoing promos and bonuses to major sporting events. Two hugely popular events for these ongoing promotions are the Super Bowl and March Madness.

Daily and Weekly Promos

Sportsbooks also may run a variety of daily, weekly or monthly promos. For example, Caesars Sportsbook runs various three-team parlay boosts every day for different sports in season, and BetMGM runs a promo giving away a $10 free bet to anyone who placed $50 in qualifying bets the week before.

Parlay Insurance

Parlay insurance is a simple promo that sportsbooks will run for various major sports. The insurance is free, although you may need to opt in. It offers you a refund on your bet if you hit every leg on a parlay except one. There’s often a limit on the size of the bet and a minimum number of legs for the parlay. FanDuel has offered parlay insurance for collections of NBA, NHL, MLB and NFL games in addition to same-game parlays and multi-sport parlays.

Can I Have Accounts at Multiple Online Sportsbooks?

Of course. In fact, we encourage sports bettors to download and register for multiple sportsbook apps.

It’s just smart from a business perspective. Think about it: You will never get a better deal than whatever a sportsbook offers as its welcome bonus. Ever. So, might as well take advantage of as many of those deals as possible. The more risk-free bets, free bets, and deposit match bonuses you pile up, the lower your initial risk.

We also recommend sports bettors download at least a couple sportsbooks to they can shop for the best odds. If you’re looking to make a 2023 World Series futures bet on the Boston Red Sox, for example, you might see that they’re getting +2500 odds at BetRivers. If you only look at those odds, you’d miss that Boston’s odds are +3500 at FanDuel.

That +1000 difference could translate to a serious amount of money, depending on how much you wagered.

So, to review: Use multiple apps so you can benefit from multiple welcome promos, and so you can always get the best odds.

How to Claim a Massachusetts Sportsbook Bonus

It’s a pretty straightforward process.

  1. Head to our Massachusetts sportsbooks page to get a sense for all the sports betting platforms in MA. Want to compare betting options? See which has the best app? Best odds? Most deposit options? We’ve got you covered.
  2. Then either come back to this page or go straight to our review page for the sportsbook you want to join. Click on our promo code or bonus code link, and that will direct you to the sportsbook site and put you on the track to take advantage of its welcome promo or bonus.
  3. Register and create your account. You’ll need to provide some personal information, such as age, address, and Social Security number. If you haven’t automatically opted in, be sure to say you want to opt-in to the welcome offer if it asks you. Be sure to read the terms and conditions first if you’re unsure. At this point, some sportsbooks may also ask you to input your offer code. You’ll find all our promo codes on this page.
  4. After you’ve got everything set up online, download your desired sportsbook app. This may sound obvious, but make sure you’re downloading the sportsbook app. Some companies also have daily fantasy sports (DFS) apps, like DraftKings DFS and FanDuel DFS. Some sportsbooks have made state-specific apps, too, so if there’s a PointsBet Massachusetts app, for example, download that.
  5. Make your first deposit or first bet. Depending on which type of welcome bonus a sportsbook offers, you’ll either finish your claim process by making your first deposit for a deposit bonus or your first bet for a risk-free bet bonus.

When Will Sports Betting Promos Be Offered in Massachusetts?

That answer depends on when sports betting will finally launch in Massachusetts.

The Massachusetts Gaming Commission has urged patience. It has created proposals that carry a timeline of five months, from when the application process begins to when sports betting launches. Other states have seen that process take 3-6 months.

So, there’s an outside chance things get up and running by Super Bowl 57 in February. This might not be stated publicly, but that’s surely an unofficial target date, because the Super Bowl is one of the most bet-on sports events in the world.

When sports betting launches, Massachusetts sportsbook promos will come out. Promo offers are usually quite intriguing in states where sports betting is just starting to go live. And paired with a potential launch date around the Super Bowl, the sports betting promos in Massachusetts have the chance to be pretty enticing.

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