Top 10 Sports Betting Bonuses in Indiana 2025

In this Indiana sports betting bonus review, we will be looking at the top sportsbooks within the state while giving a run-down of each platform and ensuring the operators offer the highest quality promotions throughout their sportsbook.

Indiana sports betting bonuses continue to become more and more lucrative as time goes on. The growing market has led sportsbooks to compete in offering the best promotions.

In the section below, we will be taking a deep dive into the best Indiana sports betting bonus offers. Providing insight into each platform.

1. FanDuel— Fantastic Refer-a-Friend Bonus

FanDuel’s main betting bonuses are:

• FanDuel No Sweat First Bet: With FanDuel’s welcome bonus, you can earn up to $3,000 back in bonus bets. All you must do is place your first wager, if it loses you will be refunded your entire wager. 

• TNT Thursdays: place any 3+ leg, $1+ same-game parlay on NBA TNT games to win bonus bets. The final odds must be +400 or greater. Additionally, bonus bets will expire after 7 days.

• FanDuel Refer a Friend: Refer friends to the FanDuel sportsbook and win $50 for both you and your friend. To qualify, have your friend set up and verify their account. Once that has been completed, both you and your friend should receive $50 in free bets.

2. DraftKings— Lucrative welcome bonus

DraftKings main betting bonuses are:

• DraftKings Welcome Offer: Get back 20% on your first deposit with DraftKings up to a maximum of $1,000. As for the minimum deposit amount, you are required to deposit a minimum of $5.
• Bet $5 and Win $200 in Free Bets: Bet as little as $5 when you’re a new Indiana bettor and receive $200 in free bets. When you are paid out, it will hit your account as 8 separate $25 vouchers.
• $50 Casino Credit: New players to the DraftKings sportsbook are also eligible for a free $50 credit on the DraftKings Casino. To acquire your free bets, simply hit “play now.” The funds will then be deposited.

3. BetMGM— Quality Rewards

BetMGM’s main betting bonuses are:

• BetMGM Refer a Friend: Give both you and your friends a free $50 every time you refer them to BetMGM. Qualifying is easy, just send your refer a friend invitation, once they have verified their account you will both receive $50.
• BetMGM Rewards: Earn rewards everywhere you play on the BetMGM sportsbook. No need to opt-in, once you create your account, you will start gaining BetMGM rewards points.

4. BetRivers— Great Revolving Promotions

BetRiver’s main betting bonuses are:

• BetRivers Welcome Offer: You can win up to $500 in free bets with BetRivers Indiana welcome offer. Regardless of the odds, or stipulations of the wager, if the first bet you place loses, you earn back $500 in free bets.
• NCAAB Saturday Parlay Insurance: When you place a 4+ leg NCAAB parlay on Saturday, you will get your wager back if one leg loses, up to $25. Minimum odds of -200 or greater.
• Wednesday NBA First Field Goal Insurance: Wager on Wednesday for any player to score the first field goal, if you lose, get back up to $25. To qualify, the team must score 120+ points.

5. PointsBet— World-Class Rewards Club

• PointsBet Welcome Offer: Win up to $100 every day for 5 days when you sign up with the promo code WELCOME. To qualify, place a fixed cash bet for 5 days. Every day your wager loses, you will win back $100 in free bets.
• PointsBet Platinum Club: Available by invitation only, the Platinum club is the second highest rewards tier on the PointsBet sportsbook. Experience a host of personalized benefits with the lucrative club.
• PointsBet Rewards: Earn rewards with every dollar spent on PointsBet’s rewards system. No need to jump through hoops to qualify, earn 1 point for every 5$ bet placed; parlay wagers also earn 1 point per dollar.

6. WynnBET— A Luxurious Betting Experience

WynnBET’s main betting bonuses are:

• WynnBET’s welcome offer: Win $100 in free bets when you sign up for a WynnBET account. All you have to do is wager $100 or more with minimum odds of -120 or greater. 

• Live Bet and Get: Indiana bettors can opt into this promotion and win a $10 free bet. Win, lose or push two different live bets worth $50+ on Saturday or Sunday to be eligible for this reward.

7. William Hill — Huge Value Welcome Offer

William Hill’s main betting bonuses are:

• William Hill Welcome Offer: You can win up to $1,250 back when using the promo code CZRFULL.To qualify for this reward, first place a $10+ bet, if your bet loses, you will be credited with up to $1,250 in free bets.
• Profit Boost: both the William Hill and Caesars Sportsbooks are filled with profit boosts, placed across the platforms. Allowing bettors to access much higher winnings on every wager.
• William Hill’s $100 Refer a Friend: William Hill offers a lucrative refer, a friend bonus, for every friend you refer, you can claim $100. Earning the rewards is simple, send your friend your sign-up link, and have them deposit $50+. Once they have completed those steps, you will earn a $100 bet credit.

8.Unibet — Great NFL Promotions

Unibet’s main betting bonuses are:

• Unibet Refer a Friend: Invite your friend with you, refer a friend link to earn $25 per friend referred. The only stipulation to this offer is that you are limited to 5 friends, 25×5.
• Go For 2: Win a $20 free bet and a 20% profit boost for the Super Bowl when you place a same-game parlay on the event. To qualify, place a 3+ leg same-game parlay with 300+ odds. 

9. BallyBet— Great Casino & Sportsbook Bonuses

BallyBet’s main betting bonuses are:

• BallyBet Welcome Offer: New Indiana bettors will receive up to $100 in free bets if their first wager loses. The minimum odds required to qualify are -150, and the free bets expire after 7 days.
• Bally Rewards: Earn Bally Bucks as you place wagers and play at the casino. Use the bucks to supplement your online wallet and make deposits go even further.
• Bally Bet Refer a Friend: To claim the refer a friend bonus, simply have your friend enter your username or email address when signing up. Next, they must wager $10 or more. Once that is complete, they will receive a free $10 and you will receive $50.

10. Betway — Huge Betway Boosts

Betway’s main betting bonuses are:

• Betway Welcome Offer: Available to new Indiana customers only, receive a 100% deposit bonus of up to $300. To qualify, deposit a minimum of $10+, with minimum odds of -140. Additionally, the rollover placed on this offer is 10.
• Betway boosts: Providing enhanced odds all throughout the sportsbook. Betway Boosts offer substantially higher payouts. To find the boosts in one place, head to the boosts section. Once there, you will have access to all available leagues.

Using any of the best Indiana sports betting offers can help bettors maximize winnings and minimize losses. From free bets to deposit matches, there are several ways to ensure you get the most out of each dollar.

Many Indiana sportsbook promos are offered primarily to drive traffic to the offering sportsbook. Meaning the promotion’s main goal is the provide the most winnings possible to gain new loyal customers.

To put it plainly, a bettor would much rather get $100 for referring a friend, as opposed to $15; they will choose the $100 every time.

In the section below we will be covering the stipulations and common requirements for sportsbook promotions.

Rollover

A common question many new bettors ask is what is a rollover in betting and on sportsbooks?

To put it simply, rollovers are requirements put on bonuses and promotions requiring winnings to be bet a certain number of times before withdrawal. Due to that limiting factor, the rollover of a promotion can easily make or break the deal.

An example is if a sportsbook offers $1,000 in free bets and has a rollover of 10x. In this situation, bettors must wager the value of the promotion plus the wager 10 times before withdrawal.

Bonus Expiration Date

There really isn’t much room left to be confused about bonus expiration dates, and what they mean. The expiration date dictates how quickly the funds and rollover of a bonus must be used.

Armed with this knowledge, it’s easy to conclude that bonuses and promotions with longer expiry dates are better. The quicker you are expected to place bets, the less informed those wagers will be.

A great example is if a sportsbook places a 10-day expiration period, you will feel rushed and be forced to place several sub-par bets. This is in stark contrast to an expiration period of 30 days, where you will have time to place many informed wagers.

Minimum Odds

Minimum odds are exactly what you think, they dictate your chances to win the bet, and determine the payout. Lackluster minimum odds can quickly take a promotion from being lucrative to, frankly, a waste of time.

Even if a parlay profit boost offers 20x your wager if the bet itself is neigh impossible there is simply no point.

Many promotions and bonuses offer minimum odds that put bettors at a severe disadvantage. If you wish to be a successful bettor, pay close attention to the minimum odds.

Minimum and Maximum Deposit

IN betting bonuses will showcase a wide field when it comes to minimum and maximum deposit amounts. With many lucrative offers showcasing low maximum deposits, and lesser offers, with higher minimum deposits.

When paying close attention to sportsbooks promotions and bonuses, it’s easy to see that the best offers have low maximum deposits. This is to ensure that a bettor doesn’t win ridiculous sums with the promotions. That means the best promotions will showcase low maximum deposits. 

On the other hand, minimum deposit amounts are much more ambiguous, showing much less about the promotion.

Throughout our analyses of sports betting operators above, we have thoroughly combed through all the state’s best promotions. With that knowledge, we have concluded that IN betting bonuses are some of the best across the country.

Many of the sportsbooks across the state offer some of the highest-value promotions we have seen in the US.

This is mainly in part due to the state’s ludicrously low sports betting tax rate of 3.23%, which gives operators ample room to throw large bonuses at bettors.

The low tax rate combined with the state’s lax gambling regulations allows promotions in Indiana to far exceed neighboring states.