We’re treated to another Monday Night Football doubleheader in Week 3, and a trio of bonus offers from top American sportsbooks can get you more than $3,000 in total value — the BetMGM bonus code, Caesars Sportsbook promo code, FanDuel promo code, and bet365 bonus code.
If you’re not already signed up at multiple sportsbooks, you’ll want to claim all available bonuses and always get the best available line as we hit the heart of football season.
Here are the four offers totaling $3,065 for Monday Night Football.
- BetMGM bonus code LABSTOP: A $1,500 first bet on the house
- FanDuel promo: Bet $5, get $200 in bonus bets
- Caesars promo code LABSNEWS1000: $1,000 first bet on the house
- bet365 bonus code LABSNEWS: Bet $1, get $365
We’ll explain all the offers below.
What is a bonus bet (and the other promotions)?
First, let’s dive into an explanation of each common sportsbook promotion for new users. There are six types, but three are almost never used, so we’ll
- Bet/get offers, resulting in bonus bets: bet365 and FanDuel right now offer what we call “bet/get” offers. You just have to make a small deposit, make a small wager, and then you’ll get bonus bets no matter what. Bonus bets are like a credit in which you keep any profit from these wagers, but not the bonus itself. So if you bet $10 in bonus bets on Tee Higgins to score at +200 and he does, you’ll win $20.
- First bet on the house or “no sweat” first bet: Many sportsbooks offer these “first bets on the house” so they can put a higher dollar amount next to their offer. It means that if your first bet loses, you’ll be refunded in bonus bets equal to whatever you lost. So if you deposit $500 and put it all on the Eagles to cover on MNF and they don’t cover, you’ll get $500 back in bonus bets.
- Deposit match: There are no activate deposit matches among these sportsbooks right now, but a deposit match awards bettors some portion of their deposit in bonus bets on top of the cash they put in.
What is the bonus code for BetMGM?
- Available states: AZ CO IN IA IL LA MA MD MI NJ OH PA TN VA WV WY
- Bonus code: LABSTOP
BetMGM bonus code LABSTOP unlocks a $1,500 first bet on the house, meaning if your first wager on the platform loses, you’ll be refunded in bonus bets equal to whatever you lost.
So let’s say you bet $500 on AJ Brown to score a touchdown at +130.
- If Brown scores, you’ll win $650 in cash, and keep your $500 bet. So you now have $1,150 to continue betting or withdraw.
- If Brown doesn’t score, you get $500 back in bonus bets (in this case, you’ll get 5, $100 bonus bets).
Alright, so what do you do with the bonus bets? You’ll have to turn them into cash by betting them.
Say you take $60 worth of bonus bets (you’ll get them back in five, $60 increments in this case) and put it on Notre Dame moneyline at +150 against Ohio State this weekend.
- If Notre Dame wins, you profit $90 in cash ($60 x 1.5) but you don’t keep your $60 bonus bet.
- If ND loses, the bonus bet just goes away.
How do you get $200 on FanDuel?
- Available states: AZ CO CT IL KS LA IN IA MA MD MI NJ NY OH PA TN VA WV WY
- Promo code: Use this link
Accessing the bonus bets worth $200 is simple on FanDuel — just click the module below to get started, and it will automatically unlock your bonus.
All you need to do is make a $5 bet on any market, and you’ll get those $200 in bonus bets.
Does Caesars Sportsbook have a promo?
- Available states: AZ CO IL IN IA KS LA MA MD MI NJ NV NY OH PA TN VA WV
- Promo code: LABSNEWS1000
Caesars has switched back to its “first bet on Caesars” offer, giving users up to $1,000 back in bonus bets if their first wager on the platform loses. It had previously run a bet $50, get $250 in bonus bets.
It works just like BetMGM — say you bet $300 on a +400 parlay for Monday Night Football.
- If the parlay wins, you’ll pocket $1,200 in profit, and keep your $300. So you’ll have $1,500 cash in your account that can be withdrawn or bet.
- If the parlay loses, you’ll get $300 back in bonus bets.
Does bet365 have a bonus code?
- Available states: CO NJ OH VA IA
- Bonus code: LABSNEWS
bet365 has the highest-value bet/get in the market right now, but unfortunately, it’s only available in five states, with Kentucky on the way next week.
All you need to do is deposit $10, bet $1 on anything -500 or longer, and you’ll get $365 in bonus bets.
21+. Gambling problem? Call 1-800-GAMBLER. Hope is here.
