The Masters, the premier golf tournament on the sports calendar, is set to tee off on Thursday, April 11 through the weekend. New betting customers can sign up with the top sports betting sites and find exceptional welcome promos from a first bet on The Masters.
One of my personal favorites is FanDuel’s offer where a $5 bet on any market or odds earns $150 in bonus bets, no matter what. You’ll need to click below to set up a new account followed by a $10 deposit and the $5 wager to qualify.
Here are the best betting promos just in time for action on the opening round of The Masters.
1. FanDuel
FanDuel promo code: no code necessary
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As we mentioned, the FanDuel promo code offer is exceptional for new users because you win the bonus bets no matter how the bet settles. The promo requires a $10 deposit and at least $5 on the odds of your choice.
I suggest a favored line for this offer such as $5 on Scottie Scheffler -125 to finish in the top five of The Masters. This has a great chance of hitting giving you the chance to earn some cash profit along with the bonus bets.
FanDuel bonus bets are valid for seven days in your account and can fund a wager to potentially win cash.
2. DraftKings
DraftKings promo code: no code necessary
DraftKings, another top book, offers a similar promo to FanDuel with some small differences. The deposit requirement is $5 instead of $10 and the bonus bets hit your account instantly after a $5 bet on any market or odds.
Therefore, you place the wager and have $150 in instant bonus bets. Next, the bet plays out like any normal bet and you profit cash if your bet hits.
Similarly to other books on this list, the DraftKings bonus bets are valid for seven days in your account and can be selected as funds for a bet on your betslip.
3. BetMGM
BetMGM is the first book on the list with dual national offers. All locations, except New York which is excluded from both offers, can choose between the following bonus codes.
BetMGM bonus code: NYPNEWS1600
The first BetMGM bonus code is a 20% deposit match up to $1,600 in sports bonus. This means a $10 deposit or more earns bonus funds to use within the platform.
This is one of the few offers on our list with no initial wager necessary. However, BetMGM requires you to cash wager 10x the bonus earned in the first 30 days.
Otherwise, you cannot withdraw the cash winnings in your account after those 30 days.
BetMGM bonus code: NYPNEWS
The alternate offer is a first bet insurance up to a maximum $1,500 in bonus bets. This is the highest value first bet insurance on this list.
The promo depends on the outcome of your first bet. Let’s say you find an underdog to win The Masters such as $1,000 on Jon Rahm to repeat at +1200.
- A win would pay $12,000 and return your $1,000 with no bonus bets earned
- If a different golfer wins, BetMGM would recoup your miss with $1,000 of bonus bets
These bonus bets are valid for seven days and must be used within the BetMGM mobile app.
4. bet365
bet365 bonus code: NYPNEWS
The bet365 bonus code is valid for either promo and any bet365 sports betting state can choose between the following offers:
$1,000 First Bet Safety Net
While having a quirky name, this promo works the exact same as the first bet insurance offers on this list. You’ll need a new account, a $10 deposit and a cash bet on any market or odds to qualify.
If you win, you can’t earn bonus bets but profit cash that can be withdrawn or used on another wager. Conversely, a miss is covered by bet365 bonus bets within an hour of bet settlement.
Bet $5, Get $150
The alternate offer can provide value if you’re looking to make a smaller wager or looking to access bonus bets whether you win or not.
The major difference between this bet/get and others on the list is the odds requirement. After a $10 deposit, the $5 bet will need to be on -500 or greater odds, so Scheffler to finish in the top 20 at -600 wouldn’t be eligible but a top 10 finish at -250 is fine.
As long as you meet those requirements, the bonus bets hit your account within an hour of the bet settlement. You’ll have seven days to use the bonus funds to potentially profit cash within the mobile app.
5. ESPN BET
ESPN BET promo code: NPNEWS
The ESPN BET offer is similar to other bet/get promos but has a loose betting requirement. You’ll need to set up a new account with the promo code (ESPN BET requires you to apply the promo code), make at least a $10 deposit and place a bet of any size on any market or odds.
I can place $1 on Jon Rahm to finish in the top 10 at +120 and profit plus-money, along with the $150 in bonus bets. These bonus bets deposit to your account in chunks and must be used in those chunks within seven days of receipt.
6. Fanatics Sportsbook
Fanatics Sportsbook promo code: no code necessary
The Fanatics offer is unique among the others on this list and goes for 10 continuous days. Fanatics will match your first bet on -200 or greater odds each day for 10 continuous days up to $100 each day.
This means over 10 days I can earn $1,000 in total bonus bets if I maximized each day with a $100 bet. However, keep in mind it’s your first bet of the day, so $100 would earn $100 while two $50 bets could only earn $50 of bonus on that particular day.
Fanatics allows you to skip days of the promotion with no penalty and you’ll still keep your bonus and cash profits. If you skip a day, you can’t earn bonus on that particular day so the overall value of the promo is lowered.
7. Caesars Sportsbook
Caesars Sportsbook promo code: NYPNEWS1000
Finally, we round the list with Caesars, another behemoth in the sportsbook industry. Caesars Sportsbook is currently offering a first bet insurance up to $1,000 which is similar to the bet365 safety net.
The difference is that Caesars requires a $10 deposit and wager on any odds to qualify. This means a $10 deposit and $5 bet would not be covered by the first bet on the house.
As with the other first bet insurance offers, I suggest using this promo if you want to make a larger wager or take advantage of The Masters futures market before tournament play is underway. That way you can still snag plus-money on favorites before live lines hit the book.
