Best Sportsbook Promos & Bonus Bets - May 2026

The best sportsbook promos from May 2026 showcased a range of bonus bets designed to add value for new sign-ups. These offers included welcome bonuses, second-chance bets, and enhanced payouts from various trusted sportsbooks such as FanDuel, DraftKings, bet365, BetMGM, Fanatics Sportsbook, and Caesars Sportsbook, all of which provided lawful betting options across the United States.

As of May 12, 2026, the sports betting landscape remained competitive. Game 5 between the Spurs and Timberwolves was set to occur in San Antonio, with the series tied at 2-2, both teams eager for control. Additionally, the Canadiens aimed to take a series lead of 3-1 against the Sabres in front of their local audience, while the Ducks and Golden Knights faced off in another pivotal Game 5, reflecting the stakes in their tied series. In baseball, the Cubs and Braves were scheduled to begin a significant three-game series in Atlanta.

Here are the top sportsbook promos for May 2026:
- BetMGM: New users could receive a $50 BetMGM Reward Points Bonus plus up to $1,500 in Bonus Bets if their first bet lost, using the promo code FOXSPORTS.
- DraftKings: New customers were eligible for a Bet $5+, Get $100 in Bonus Bets Instantly promo. This quick access bonus required a minimum qualifying bet of just $5.
- Caesars: Offered customers a Profit Boosts where a $1 wager could double winnings across the next 10 bets when using the code FOXDYW.
- FanDuel: Users could bet $5 to earn $150 in Bonus Bets if their bet won.
- bet365: Provided a Bet $10, Get $200 in Bonus Bets, applicable regardless of the outcome of the first bet, and included a safety net for first-time users.
- Fanatics: Promoted a No Sweat 10 x $100 Bet Matches in FanCash.

Furthermore, highlights on specific sportsbook features included DraftKings’ Same Game Parlay+, which enabled users to combine multiple bet selections, and BetMGM’s Hat Trick Jackpot, which rewarded bettors up to $10,000 in Bonus Bets if an anytime goal scorer achieved a hat trick.

DraftKings also excelled in mobile experience, featuring a clean interface, rapid page loading, and a comprehensive array of sports betting tools. BetMGM provided solid navigation but occasionally displayed a crowded interface during significant betting events. Both sportsbooks showcased advanced functionalities but differed in user experience and layout effectiveness.