Indiana Sportsbook Promos: Get Up To $3,650 In Bonuses In January 2025
There are 11 legal online sportsbooks in Indiana, including famous names like BetMGM, Caesars Sportsbook, and FanDuel. These rival sportsbooks are competing for market share, so they offer sign-up bonuses to attract new customers. This guide breaks down the best Indiana sportsbook promos that you can claim right now.
Top Indiana sportsbook promos
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LSRDYW
- Bet $5 Get $150 in Bonus Bets Guaranteed*
- OR First Bet Safety Net up to $1,000
- 30% Extra on Same Game Parlay Profit
- T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
- Use Bonus Code: LSRVA
- Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
- *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
- Use Bonus Code: PLAYLSR
Get $200
- Bet $5, Get $200 in Bonus Bets Guaranteed
- Available on Desktop, Android & iOS
- Gambling Problem? Call 1-800-GAMBLER. 21+
- To Claim: Click Play Now
- Bet and Get up to $1,000 in No Sweat Bets
- Earn FanCash & Spend it on Team Swag or More Bets
- 21+. Gambling Problem? Call 1-800-GAMBLER
- To Claim: Click Play Now
- Bet & Get up to $200 in Bonus Bets
- PLUS up to $1,000 Deposit Bonus
- PLUS $50 Bonus Bet on Deposit
- PLUS King of the End Zone Promo
- Gambling Problem? Call 1-800-GAMBLER
Indiana sportsbook promo codes
We have analyzed the welcome bonuses at each Indiana sportsbook. Our experts focused on the size of the bonus and the simplicity of the wagering requirements. We ultimately decided that these are the best Indiana sportsbook promos.
| Indiana Sportsbook | Welcome Bonus | Promo Code |
|---|---|---|
| Caesars | Bet $1, double your winnings on your next 10 wagers | LSRDYW |
| Bet365 | Bet $5, get $150 OR a first-bet safety net up to $1,000 | LSRVA* |
| BetMGM | Up to $1,500 in bonus bets paid back if your first bet does not win | PLAYLSR |
| FanDuel | Bet $5, get $200 in bonus bets if your bet wins | No promo code — claim here |
| Fanatics | Bet and get up to $1,000 in no sweat bets | No promo code — claim here |
Indiana sportsbook bonuses & promo details
This section explains the benefits you can unlock by claiming the welcome bonuses at Caesars, bet365, BetMGM, FanDuel, and Fanatics Sportsbook. We will break down the wagering requirements and highlight the key terms and conditions you need to know.
1. Caesars Indiana promo code
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LSRDYW
What do I get with the Caesars Sportsbook offer?
The Caesars Sportsbook promo code LSRDYW will get you a 100% profit boost on 10 separate wagers. To qualify, you simply need to create an account and place a $1 bet on any sport.
You will then receive 10 profit boost tokens, regardless of whether your $1 qualifying bet wins, loses, or pushes. Each token will double your winnings if you make a successful pick.
Wagering requirements
There are no wagering requirements for this Caesars Sportsbook sign-up bonus. Any extra winnings that you receive will go into your cash balance.
Terms and conditions
- Caesars Sportsbook will give you 10 x 100% profit boost tokens after you place a qualifying bet of at least $1 on any sporting event.
- The maximum wager for each token is $25. For example, you could bet $20 on the Pacers to cover the spread, but a $30 wager would not qualify to use the boost.
- You can earn up to $2,500 in additional winnings from each token. Caesars will pay the extra winnings in real money that you can withdraw immediately if you wish.
- The minimum odds for a bet on which you can use the token are -10000. That means you can place a bet at -9000, but a wager at -11000 will not qualify.
- You will have 14 days to use the 10 profit boost tokens. You will forfeit any that you have not used by the end of the 14-day period.
- You cannot use these profit boost tokens in conjunction with any other promos.
Pros:
- You only need to risk $1 of your own money to claim the 10 100% profit boost tokens, which you can then apply to wagers on any sport.
- Caesars will pay any extra winnings from the profit boost tokens as real money into your account, without any wagering requirements.
Cons:
- You need to place 10 separate wagers within a 14-day period to maximize this promo, which may be a larger volume of bets than some users are comfortable with.
- If you place your 10 boosted bets at standard odds of -110, you’ll need at least four of them to win in order to end up in profit. If just three of your bets win, you’ll end up with an overall loss, so this promo relies on you making astute picks.
2. Bet365 Sportsbook Indiana promo code
- Bet $5 Get $150 in Bonus Bets Guaranteed*
- OR First Bet Safety Net up to $1,000
- 30% Extra on Same Game Parlay Profit
- T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
- Use Bonus Code: LSRVA
What do I get with the bet365 Sportsbook offer?
Bet365 offers new customers a choice of two welcome bonuses:
- Bet $5 and get $150 in guaranteed bonus bets, or
- A first-bet safety net for up to $1,000.
If you select the first option, you simply need to place a $5 bet on any game. If the bet wins, you’ll receive your winnings as normal. You will also receive $150 in bonus funds, regardless of whether your $5 bet wins or loses.
The alternative bonus is a refund of up to $1,000 if your first bet loses. The refund will arrive in your account as bonus credits, with a 1x playthrough requirement. You can claim either bonus with the bonus code LSRVA.
Wagering requirements
The bet365 Indiana welcome bonus has a simple 1x playthrough requirement. You can use your bonus funds on a single pick, or you can break them down into several smaller bets.
Terms and conditions
- If you claim the “bet $5, get $150” bonus, you simply need to place a $5 wager on any sporting event.
- Bet365 will then give you $150 in guaranteed bonus credits, which will have a simple 1x playthrough requirement.
- You can use the bonus credits on a single pick, or you can break them down into as many smaller bets as you like. For example, you could place a $50 bet and five $20 bets. Any winnings from such bets will go into your withdrawable balance.
- The minimum odds for wagers on which you can use the bonus bets are -500. For example, you could place a bet at -450, but a bet at -525 would not work.
- Your bonus credits will expire in seven days if you don’t use them.
- If you claim the first-bet safety net promo, you just need to place a qualifying bet of up to $1,000. Bet365 will give you the money back in bonus bets if that qualifying wager loses. Once again, those bonus bets will have a 1x playthrough requirement at minimum odds of -500, and you can use them in one lump sum or spread them across multiple smaller bets.
Pros:
- You only need to place a $5 bet to unlock $150 in guaranteed bonus bets, irrespective of whether your qualifying wager wins.
- The bonus funds have a 1x playthrough requirement, and you do not need to use them all on a single pick, so the wagering requirements are flexible.
Cons:
- You will forfeit any bonus bets that you don’t use within seven days, so don’t forget about them.
- BetMGM offers new customers a first-bet safety net with a larger maximum, albeit with slightly less flexible wagering requirements.
3. BetMGM Sportsbook Indiana promo code
- Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
- *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
- Use Bonus Code: PLAYLSR
What do I get with the BetMGM Sportsbook offer?
BetMGM will give sports fans in Indiana up to $1,500 back in bonus bets if their first wager loses. You can place your initial wager on any game, and if it wins, you’ll receive a payout as normal.
If the bet loses, you’ll receive a refund in bonus credits, up to a limit of $1,500. This is the largest potential welcome bonus in Indiana right now.
Wagering requirements
The BetMGM Indiana promo has a 1x wagering requirement. That means — if you place a first wager and it loses — you just need to wager your bonus funds a single time, and any winnings will be yours to do with as you wish.
Terms and conditions
- You can place a bet on any sporting event to qualify for this bonus. If you lose, BetMGM will give you the money back in bonus bets, up to a $1,500 limit.
- If your qualifying bet is for less than $50, you’ll receive a single bonus bet in return. Any larger refunds will appear in your account as five bonus bets. For example, if you place an unsuccessful $100 wager, you will receive five bonus bets for $20 each.
- Each bonus bet has a 1x playthrough requirement, and you can use it on any sport, with no minimum odds.
- The bonus bets expire within seven days if you don’t use them.
Pros:
- This is the highest maximum of any sign-up bonus for sports bettors in Indiana.
- The bonus has a 1x playthrough requirement, and there are no minimum odds restrictions.
Cons:
- You will only receive bonus credits if your initial wager loses, whereas some rivals give you bonus bets regardless of whether your first bet wins or loses.
- The wagering requirements at bet365 are more flexible, as you can divide your bonus credits into as many smaller bets as you like.
4. FanDuel Indiana promo code
Get $200
- Bet $5, Get $200 in Bonus Bets Guaranteed
- Available on Desktop, Android & iOS
- Gambling Problem? Call 1-800-GAMBLER. 21+
- To Claim: Click Play Now
What do I get with the FanDuel Sportsbook offer?
FanDuel will give you $200 in bonus bets if you place a successful $5 wager. This is similar to the bet365 bonus, but you only get the $200 in bonus credits if your first bet wins.
Wagering requirements
The FanDuel Sportsbook welcome bonus has a simple 1x playthrough requirement. You can use the bonus funds in one lump sum, or you can divide them into several smaller bets.
Terms and conditions
- New customers can place a minimum $5 bet on any sporting event to qualify for this FanDuel Sportsbook Indiana welcome bonus.
- There are no minimum odds, so you can place your $5 qualifying bet on a heavy moneyline favorite if you like.
- If the bet wins, you’ll receive your winnings as normal. You will also receive $200 in bonus credits, which will have a 1x playthrough requirement.
- You will have seven days to complete the 1x playthrough requirement. After that point, you will lose out on any bonus funds that you have not used.
- If your $5 qualifying bet loses, you will not receive any bonus credits.
Pros:
- You will receive $200 in bonus credits if your first bet wins, and the bonus credits have just a 1x playthrough requirement.
Cons:
- You will not receive any bonus credits if your first bet loses.
5. Fanatics Sportsbook Indiana promo code
- Bet and Get up to $1,000 in No Sweat Bets
- Earn FanCash & Spend it on Team Swag or More Bets
- 21+. Gambling Problem? Call 1-800-GAMBLER
- To Claim: Click Play Now
What do I get with the Fanatics Sportsbook offer?
You will get up to $1,000 in no sweat bets after signing up at Fanatics Sportsbook in Indiana. To qualify, just place a bet of up to $100 on any game. If it loses, you’ll get the money back as a single bonus bet.
Repeat that process on each of your next nine days as a customer. That means you essentially get 10 “no sweat” bets for up to $100 apiece.
Wagering requirements
The bonus bets have a 1x wagering requirement. You need to use them in one lump sum, as you cannot split them into multiple wagers.
Terms and conditions
- Place a bet of up to $100 at minimum odds of -500 on your first day as a Fanatics Sportsbook customer.
- If you lose, you’ll get the money back as a bonus bet. You will then have seven days to complete a 1x playthrough requirement with the bonus bet, and any winnings will be yours to do with as you wish.
- Repeat that process on each of your next nine days. If you miss a day, you will not be able to get that missed no sweat bet back.
Pros:
- This welcome bonus is spread across your first 10 days, whereas most rivals only give you a single bite of the cherry.
- Fanatics Sportsbook also runs an impressive rewards program, which will qualify you for FanCash with each bet you place.
Cons:
- The wagering requirements are rigid, as you cannot break the bonus funds down into multiple bets.
- The Fanatics Sportsbook Indiana welcome bonus may be more appealing to high rollers.
Types of Indiana sports betting bonuses
The best Indiana sportsbooks offer a wide range of bonuses. These are four of the most common promos to look out for.
Bet and get
This is an attractive sign-up offer that simply requires you to place an initial bet to unlock guaranteed bonus credits. For example, bet365 regularly runs a “bet $5, get $150” welcome bonus.
Some Indiana sportsbooks offer existing customers “bet and get” bonuses, too. For example, you might get a $10 bonus bet if you place a $25 wager on a particular game.
Certain sportsbooks will only give you bonus credits if your qualifying wager wins. For example, you might get $150 in bonus bets if you place a successful $5 wager.
Deposit matches
The online sportsbook will agree to match a percentage of your initial deposit with bonus credits. For example, you might qualify for a 100% deposit matching bonus for up to $250, or perhaps a 50% bonus for up to $500. You must then complete wagering requirements with the bonus credits before they go into your withdrawable balance.
Some sportsbooks offer deposit match bonuses for existing customers, too. You may see books refer to these as reload bonuses, and they are typically smaller than sign-up bonuses. For instance, a book might offer you a 20% reload bonus of up to $10 if you make a deposit on a particular day.
Profit boosts
This promo boosts your winnings if you make a successful pick. For example, a book might offer you a 10% profit boost token on an NBA parlay or a 25% profit boost token on an NFL prop bet.
Profit boosts are different from odds boosts, as they allow you to make your own picks. These promos are normally aimed at existing customers, but you will occasionally find profit boosts for new users.
No sweat bets
This type of bonus will qualify you for a refund if your wager loses. You will get the money back in bonus bets, which typically have a 1x playthrough requirement.
For example, a sportsbook may offer to give you up to $1,000 back in bonus bets if your first wager loses. A book might also offer smaller such bets on a regular basis. For example, some sportsbooks offer a refund in bonus bets if your same-game parlay loses.
IN sportsbook bonuses & promo code FAQs
There are 11 legal online sportsbooks in Indiana: Bally Bet, bet365, BetMGM, BetRivers, Caesars, DraftKings, ESPN Bet, Fanatics, FanDuel, Hard Rock Bet, and SBK. These online sportsbooks are licensed and regulated by the Indiana Gaming Commission. We rate Caesars, bet365, BetMGM, FanDuel, and Fanatics as having the top five Indiana sportsbook bonuses.
Most Indiana sportsbook promo codes will only let you use them once. For example, you can only claim one sign-up bonus at each online sportsbook. The best Indiana sports betting apps also provide existing customers with ongoing bonuses, but you rarely need a promo code to unlock those offers.
Bonus abuse is an attempt to gain an unfair advantage by exploiting the promotions at online sportsbooks. The most common type of bonus abuse involves creating multiple accounts to repeatedly claim a sportsbook’s sign-up bonus.
Fraudsters may create fake identities in a bid to claim multiple welcome bonuses at an online sportsbook. Others use the details of their friends and family members to create multiple accounts. They then cover both sides of the same bet with their bonus funds, ensuring they profit regardless of the result.
Bonus abuse can also refer to anyone exploiting referral bonuses and other offers to gain an unfair advantage. Sportsbooks work hard to combat bonus abuse, using a range of technologies to detect fraud, and anyone found to be abusing bonuses will be banned and have their funds seized.
You must be 21 or older to bet on sports in Indiana. When you sign up at an online sportsbook, you’ll need to provide your name, date of birth, and address. The sportsbook will use those details to verify your age and identity, and you may also need to submit an image of a government-issued photo ID, such as your driver’s license.
You can only claim a single welcome bonus at each Indiana online sportsbook. However, you can register at multiple online sportsbooks, which would allow you to claim all the best sign-up bonuses in the Hoosier State. Most sportsbooks also roll out ongoing promos for existing customers, many of which will let you claim them multiple times.
Responsible gambling in Indiana
Online sportsbooks in Indiana offer a wide range of responsible gambling tools. You can set deposit limits, spending limits, and time limits on your account. You can also request a cooling-off period or self-exclude from online sportsbooks for a minimum of 12 months.
If you need support, call 1-800-GAMBLER or visit these sites: