Indiana Sportsbook Promos: Over $8,450+ in Best Offers for April 2026

Other Indiana sportsbook promo codes and bonuses

Indiana sports betting allows bettors in the state to access the best Indiana sports betting apps. The best sportsbooks know that new players are the key to success, so they’ve made it easy to earn various sign up welcome bonus offers with and without promo codes. 

Only BetMGM, bet365, and Caesars require promo codes to be entered during the first deposit. Most of the 11 sports betting apps available in the Hoosier State offer welcome bonuses that fall into three categories -- First Bet Offer, deposit match bonus, and bonus betting credits. Be sure to register and grab one of these great March Madness betting promos before the tournament begins.

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1. Why bet365 has the best Indiana sportsbook promo 🟢

Indiana betting promos don’t get much better than this for sports fans looking for an inexpensive entry point. When you make your first deposit and wager $10, your bet365 account will be awarded $365 in bonus bets regardless of whether your initial bet wins or loses. Remember: Use bet365 bonus code SBRBONUS during registration (available in the mobile app only).

bet365 also has a second welcome promo option — a $1,000 First Bet Safety Net. Place your initial wager of any amount on any sports market, and should you lose, bet365 will return your stake, up to $1,000 in bonus bets. 

Just keep in mind that you can only claim one sign-up bonus with bet365.

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bet365 promo pros & cons

Why this bonus is better than others

There is no real downside to this Indiana sportsbook bonus. All you have to do is bet $10 and you'll unlock $365 in bonus bets. You get these bonus bets whether you win or lose your initial bet. And best of all, there is no price cap on what you can use your bonus bets on. We recommend looking for odds of +100 or greater because if you win a bonus bet, you'll only be awarded the winnings and not what you stake. 

Odds correct at time of publishing.

2. BetMGM IN welcome bonus 🦁

The “King of Parlays” hopes to become Indiana’s go-to sports betting app with an aggressive welcome bonus. New players can earn a First Bet Offer up to $1,500 + $50 in BetMGM Rewards Points. Ensure you use the BetMGM bonus code SBRMGM during registration.

• Minimum deposit of $10 is required.
• Make a first bet at least $1 or more.
• If your first wager loses, BetMGM will pay out the First Bet offer.
• First bet losing wagers of $50 or more will be paid out in 20% increments.
• For example, a $1,500 first bet loss would earn five (5) $300 bonus bets.
• Win or lose, you'll get a $50 BetMGM Rewards Points bonus.
• These must be used within seven days of receiving them.
• Bonus funds cannot be withdrawn as cash.

Why BetMGM's bonus is better than others

While the $1,500 maximum bonus is one of the highest in the state, you do have to lose your first bet to earn the majority of those funds. That being said, BetMGM doesn't require bonus bet monies to be risked on a single wager and allows new players to spread bonus funds over five bets in most instances. So, if you received the maximum $1,500 worth of bonus bets, you would get them in five $300 pieces. It gives you a lot of flexibility to try out different betting markets as a new BetMGM customer.

3. FanDuel IN welcome bonus 🔵

As an industry leader, FanDuel could rest on its laurels and allow its reputation to speak for itself. Still, the operator is offering new players in Indiana a No Sweat Bet bonus worth up to $3,000. No FanDuel promo code is required to redeem this sign-up offer.

• You must download the FanDuel app to claim the offer.
• After sign up, you'll receive one No Sweat Token every day for 10 days.
• Place a qualifying bet using the No Sweat Token.
• If your bet loses, you'll be refunded in Bonus Bets, up to $300.
• Repeat this process once per day for 10 days straight to maximize the bonus.
• No Sweat Tokens expire 24 hours after recepit.
• You will have seven days to use the bonus bets.

Why FanDuel's bonus is better than others

While many sportsbooks with First Bet Offer or 'bet & get' offers force you to use your bonus all at once, FanDuel permits you to split its reward into multiple smaller wagers, providing you with top-tier flexibility. Just remember, you only have seven days before the bonuses expire.

4. Caesars IN welcome offer 🏛

Caesars isn’t messing around with marketing to prospective Indiana sports bettors. The name brand is global, offering new players Ten (10) 100% Profit Boost Tokens that can be applied to any of their bets within the first 14 days of activation. All news users need to do is deposit $10, place a $1 wager, and enter the Caesars Sportsbook promo code SBRBONUSDYW to snag the offer. 

Below find a step-by-step process for how to acquire this bonus:

1. Register with promo code SBRBONUSDYW .
2. Make a deposit of at least $10.
3. Place a wager of $1 or more via the Caesars mobile app or desktop site.
4. Your account will be credited with Ten (10) 100% Profit Boost Tokens to use on any market.
5. The max wager for each rewarded Profit Boost is $25.
6. The max additional winnings for each rewarded Profit Boost is $2,500.
7. Profit Boosts expire after 14 days.

Why Caesars' bonus is better than others

If you can max out this bonus, which is very unlikely, then you can net up to $25,000 in bonuses. Technically, this is the largest bonus available anywhere by a wide margin. But even if you're not looking to max out this bonus, getting {{bonus/caesars/bonus_breakdown/*/*/*}} allows you to elevate your bankroll. Plus, if your first bet loses, you still have nine more Profit Boost Tokens to work with.

5. Fanatics IN welcome bonus 🧢

Fanatics is offering new users a pair of great welcome offers: Bet $5, Get $200 in FanCash Immediately OR up to $1,000 in FanCash Bet Matches. No Fanatics promo code is necessary for activation. 

FanCash can be redeemed for bonus bets or put towards apparel, jerseys, caps, and collectibles on the Fanatics online store.

Here are the details for these Fanatics promos:

• Register a new account with Fanatics and choose the Bet $5, Get $200 in FanCash Immediately welcome bonus.
• Deposit at least $5 into your account.
• Make a wager of $5 or more on any market with -500 odds or longer within seven days of opening an account.
• Win or lose, you'll receive $200 in FanCash instantly.
• FanCash cannot be withdrawn as cash and expires after seven days. If redeemed for Bonus bets, bonus bets will expire after seven days if unused.

To redeem the FanCash Bet Match offer, follow these steps:

• Register a new account with Fanatics Sportsbook (mobile app only).
• Deposit at least $10 into your account.
• Make a daily qualifying bet of $1 or more, with minimum odds of -200 or longer.
• Fanatics will match the entire stake as FanCash, up to $100.
• Repeat this process for the first ten days after creating your account (10 x up to $100 per day).
• Opt-in required on every day except Day One.
• Missed days are forfeited, but you can still earn the bonus on any remaining days.
• FanCash cannot be withdrawn as cash and expires after seven days.

Why Fanatics' bonus is better than others

The Fanatics welcome offer is perfect for all bettors because it scales to your comfort zone. For a small $5 risk, you can instantly claim $200 in FanCash. Even if your initial bets lose, you'll have a good starting bankroll on hand to try and recoup those losses. 

Or, if you just want to place some fun bets, you can wager as little as $1 each day with the Bet Match offer. For bettors with a larger budget, up to $100 in FanCash can be awarded each day for 10 consecutive days. This is truly a promo for everyone.

The freedom to choose between multiple great offers is arguably the biggest strength of the Fanatics welcome bonus. 

6. DraftKings IN welcome bonus 👑

DraftKings Indiana, one of the top-tier operators in the country, is targeting new players with its latest welcome bonus. First-timers can bet $5 or more and get $200 in bonus bets. And for a limited time, you'll get one 100% NCAA Tournament Winner Profit Boost Token. No DraftKings promo code is required at sign-up.

• You must make an initial deposit of $5 or more.
• Your $5+ qualifying wager can be on any sport, min. -500 odds.
• Upon bet placement, get (1) 100% Profit Boost token, valid only for an NCAA Tournament Winner bet (max. $10 bet).
• $200 in bonus bets will be awarded regardless of whether your wager wins or loses.
• Bonus bets arrive as Eight (8) x $25 Bonus Bets.
• You can’t withdraw bonus funds as real cash.
• Bonus bets will expire after seven days if unused.

Additionally, DraftKings lets you claim a 20% first deposit bonus, up to $1,000 as part of its welcome offer.

Why DraftKings' bonus is better than others

Betting $5 to win $200 in bonus bets is one of the best deals in Indiana. DraftKings doesn’t force new bettors to risk a huge amount on a single wager to try to secure the bonus.

This flexibility, combined with the fact that you can claim an additional $1,000 first deposit bonus, makes this one of the better Indiana sportsbook promos.

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).

Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT), or visit http://www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).

21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Min. $5 first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Plus, upon qualifying bet placement, get 1 100% Profit Boost Token, valid only for a NCAA Tournament Winner bet. Max. Bet: $10. Profit Boost Tokens are single-use and expire on 4/6/26 at 11:59 PM ET. Must select Token BEFORE placing bet. Boost only applies to winnings. Ends 4/6/26 11:59 PM ET. Terms: https://sportsbook.draftkings.com/promos.

7. BetRivers IN welcome bonus ⚡

The BetRivers welcome offer is among the sweetest in the Indiana sportsbook market. The pride of Rush Street Interactive, BetRivers, is offering new players a second chance bet of up to $500. You won't need a BetRivers bonus code of any kind to claim this deal.

• Make an initial bet of up to $500 with odds of -200 or longer.
• If you lose, bonus funds will appear within 24 hours.
• Bonus bets cannot be withdrawn as cash and expire after 30 days.

Why BetRivers' bonus is better than others

A $500 second-chance bet is a potentially lucrative offer, especially if you're actively pursuing multiple bonuses from multiple sportsbooks. However, the BetRivers welcome bonus is a mid-tier bonus. It has a higher dollar value than FanDuel and DraftKings, but a lower value than BetMGM, Fanatics, and Caesars. You also have to lose your first bet for this offer to kick in.

Indiana sports betting promos summary

Indiana betting resources

For new players to become well-informed, they should check out our Indiana sports betting resource guides. These include a full review of the best Indiana betting apps, a more extensive overview of all the best sportsbook promos, and an in-depth review of Indiana’s best online sportsbook, FanDuel.  

Sportsbook by category

Check out our resources on the best sportsbook for specific sports and leagues:

More sportsbook promo codes

We've covered our top six IN sportsbook promos in-depth, but there are a few others still worth your time. Check out any of these options for further bonus opportunities:

New users can claim the Bally Bet promo code to snag $50 in bonus bets. Just make a bet of $10 or more (min. odds of -250) after registering. 

Use theScore Bet promo code to unlock a bet $10, get $100 in bonus bets (if you win) welcome offer.

Hard Rock Bet is also a good choice, with a straightforward welcome bonus. Use our Hard Rock Bet promo code to get ten 100% Profit Boost tokens when you sign up and deposit a minimum of $10. 

For more information on these sportsbooks and other promotions, visit our Indiana sports betting apps page.

How we rate and review sports betting promotions

Our editorial team spends an incredible amount of time independently reviewing every Indiana online sportsbook and sports betting app for quality, safety, and user experience. Our team of experts applies the same stringent grading process when rating Indiana sports betting promotions. The last thing new players want after signing up for a new account is surprises regarding assumed welcome bonus monies.

Here are some of the factors we consider when rating IN sports betting offers:

• The maximum overall value of the welcome bonus.
• If the sign-up offer is guaranteed or not.
• Verifying the promo code, if required.
• What are the minimum deposit requirements, if any.
• Examining playthrough requirements and withdrawal policies.
• The potential expiration date of the welcome bonus.

Not all bonuses are created equal. Some are easier to obtain than others, depending on the betting requirements or playthrough terms. You should always read the terms and conditions of any welcome bonus you're trying to collect to ensure you know exactly how to be successful in claiming it. 

Types of Indiana betting sign-up offers and bonuses

Indiana sports betting sites and apps offer a variety of sign-up bonuses and promotions. Still, these days, the most common offers fall into three categories: a deposit match bonus, bonus bet credits, and First Bet Offer.

1. Deposit match bonus

Operators that offer deposit match bonuses are beloved by the sports betting community because the promotion isn’t contingent on any future wager.

For example, a 100% deposit match up to $250 would convert a $250 first-time deposit into $500 in a player’s account. A 50% deposit matchup up to $1000 would mean a $500 deposit unlocks a welcome bonus of $250 for a total of $750 in available funds.

2. Bonus bet credits

Sign-up offers that market bonus credits are outstanding for new players. Here you’ll be asked to make a small minimum deposit of as little as $5-$10 and wager on any event. Once the initial bet settles, operators will issue bonus credits up to a certain dollar amount.

For example, many sportsbooks offer $150 in bonus bets in exchange for a first bet of $5 or more. Some books may force you to use all $150 at once, but most of them split the bonus up into smaller chunks, like six $25 slices. Bonus bets cannot be cashed out, only used to make additional wagers. 

3. First Bet Offer

The first bet offer welcome promotion is found at most Indiana sports betting sites. Operators tend to offer a higher dollar amount on these offers because you can only redeem them if a new player’s first bet settles as a loss, and you will not receive the bonus if the first bet wins.

first bet offer bonuses often come with a strict set of terms, conditions, and playthrough requirements. For example, you can't withdraw them as cash, you may not be able to split the amount up into smaller wagers, and the bonus bets might expire quickly.

4. Referral bonus

After you join a sportsbook, many will offer you an opportunity to grab a bonus by referring your friends. You'll sometimes be given a unique code or customized link to pass along. If your friends sign up using your referral, the sportsbook will toss a small bonus bet or cashback amount your way. In some cases, your friend may also get a small bonus for using your referral code, making it a win-win situation for everyone. 

These bonuses are often smaller amounts; $10 to $100, on average. However, you might as well take advantage if the opportunity presents itself. Read our guide on the subject to find out which platform offers the best sportsbook referral bonus.

Indiana online sportsbooks

Indiana Governor Eric Holcomb signed House Bill 1015 into law in May of 2019, a year after the United States Supreme Court overturned the Professional and Amateur Sports Protection Act, which allowed individual states to legislate sports betting matters. A few months later, just a few legal sports betting sites launched, like BetRivers and DraftKings. By 2022, Indiana had issued a total of 15 licenses for online sportsbooks and sports betting apps.

However, in 2022, two operators — TwinSpires and MaximBet — left the marketplace. WynnBET left in 2023, and Betway shuttered in mid-2024.

Indiana online and mobile sportsbooks

Indiana sports betting legal news updates

Responsible sports betting with Indiana promos

The Indiana Gaming Commission is the state’s governing body overseeing legal sports betting oversight, regulation, and law enforcement. In addition to reviewing operator applications, issuing licenses, and performing site and app audits, the IGC is responsible for problem gambling education, resources, and treatment options.

When you visit the commission’s website, you’ll notice a vast library of problem gambling resources, including the hotline 1-800-994-8448. With thousands of dollars in welcome bonuses, sign-up offers, and ongoing promotions, those addicted to sports gambling may need assistance maintaining a healthy relationship with the hobby. The IGC also offers the following:

• Voluntary self-exclusion programs
• Internet self-restriction program
• Self-assessment tests
• Treatment center providers
• Gamblers Anonymous meetings in Indian

National U.S. gambling helpline: 1-800-GAMBLER

Sportsbook promos and bonuses in other regions

Sportsbook promos & bonuses in legal U.S. states

Every state makes its own laws about gambling of any kind, including betting on sports and whether it's available online. For a more detailed explanation, check out SBR's legal sports betting states tracker or any of the state-specific pages below. 

Sportsbook promos & bonuses in international regions

• Canada sportsbook promos (excluding Ontario)
• U.K. sportsbook promos