How to Bet on the NFL Draft 2024: Best Sportsbook Promos and Bonuses

How to bet on the NFL Draft
In our guide for how to bet on the NFL Draft 2024, you'll find eight of the best sportsbook promos and bonuses from DraftKings, FanDuel, BetMGM, bet365 and more. Craig Dudek, XLMedia

Sports Betting Dime provides exclusive sports betting commercial content to Newsweek, including real-time odds, picks, analysis and premier sportsbook offers to help sports fans get in on the action. Please wager responsibly.

The NFL Draft begins with the first round on Thursday night and in this guide for how to bet on the NFL Draft 2024, you'll find the best sportsbook promos and bonuses. It's important to note that betting on the NFL Draft varies by state, which you'll learn more about below.

$200 BONUS BETS

DRAFTKINGS SPORTSBOOK

$150 BONUS BETS

FANDUEL SPORTSBOOK

$1,500 FIRST-BET OFFER

BETMGM

$150 BONUS OR $1,000 FIRST-BET SAFETY NET

BET365

$1,000 FIRST BET

CAESARS SPORTSBOOK

UP TO $1,000 BONUS BETS

FANATICS SPORTSBOOK

$100 FIRST-BET OFFER

HARD ROCK BET

21 and present in participating states. Gambling problem? Call 1-800-Gambler.

Sports bettors who want to learn how to bet on the NFL Draft 2024 can get in on the action with multiple legal online sportsbooks. You can earn nearly $5,000 in bonuses from DraftKings, FanDuel, BetMGM, bet365, Caesars, Fanatics and Hard Rock Bet.

How to Bet on the NFL Draft 2024: Best Sportsbook Promos and Bonuses

NFL Draft Betting PromosNew User OffersPromo Codes
DraftKings Sportsbook Promo CodeBet $5, Get $200 Guaranteed Bonus BetsNo Code Required
FanDuel Sportsbook Promo CodeBet $5, Win $150 Bonus Win or LoseNo Code Required
BetMGM Bonus Code$1,500 First-Bet OfferNEWSWEEK1500
Caesars Sportsbook Promo Code$1,000 Bet on CaesarsNEWSWK1000
Bet365 Bonus CodeBet $5, Get $150 Bonus or $1,000 First-Bet Safety NetNEWSXLM
Fanatics Sportsbook Promo CodeGet Up to $1,000 in BonusesNo Code Required
Hard Rock Bet$100 First-Bet OfferNo Code Necessary

States Where You Can Bet On the Draft

First and foremost, it's important to know if you're physically located in a state where betting on the NFL Draft is available. Here are the states where players can legally wager on the 2024 NFL Draft:

  • Arizona
  • Colorado
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • New Jersey,
  • North Carolina
  • Ohio
  • Tennessee
  • West Virginia

Keep in mind that bettors in Massachusetts, Michigan and North Carolina have specific limitations on betting markets and timelines as opposed to other states. For example, any wager on a market tied to the entirety of the draft must be placed before the draft begins. As for round-specific bets, wagers must be placed before a given round begins. Pick-specific markets will only be available up until two picks beforehand. If you want to bet on the 11th pick of the draft, for example, you'll only be able to wager up until the 9th pick has been announced.

Bet $5, Get $200 Guaranteed Bonus on DraftKings Sportsbook

DraftKings Sportsbook BET $5, GET $200! BONUS BETS!
STATES: AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, WV. 21 and present in participating states. Gambling problem? Call 1-800-Gambler. 21 . Physically present in MA. Eligibility restrictions apply. Valid 1 per new customer. First-time depositors only who have not already redeemed $200 in bonus bets via OH or MA prelaunch offer. Min. $5 deposit. Min $5 bet. $200 issued as bonus bets that expire 7 days (168 hours) after being awarded. See terms at http://draftkings.com/ma.

The first offer on this list of NFL Draft betting promos is a $200 guaranteed bonus from DraftKings Sportsbook. If you want to wager $5 on any market in the NFL Draft or another league, you'll get a $200 return in the form of eight $25 bonus bets win or lose.

Sign up with DraftKings Sportsbook to bet $5, get $200 in guaranteed bonus bets.

FanDuel Sportsbook Promo: Win $150 Bonus No Matter What

FanDuel Sportsbook BET $5, GET $150! BONUS BETS!
STATES: AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, WV. 21 and present in participating states. Gambling problem? Call 1-800-Gambler.

FanDuel Sportsbook has another guaranteed bonus offer available. While you can certainly bet on an NFL Draft market, it also could make sense to bet on a game in the NBA, NHL or MLB tonight. Win or lose, you'll earn $150 in bonus bets, while NC players will earn a $200 bonus.

Bet $5 after you sign up with FanDuel Sportsbook and get $150 in bonus bets win or lose. In North Carolina, register to lock-in a guaranteed $200 bonus with a $5 bet.

Bet Up to $1,500 With BetMGM Sportsbook

BetMGM $1,500! FIRST BET OFFER!
STATES: AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA. 21 and present in participating states. Gambling problem? Call 1-800-Gambler. US Promotional Offers not available in New York.

BetMGM has the largest first-bet offer available for the NFL Draft and more. You'll be able to bet up to $1,500 on the market of your choice knowing that if it loses, you'll get back up to $1,500 in bonus bets. There are also special markets available, including the number of wide receivers and more drafted in the first round.

Wager up to $1,500 when you sign up with BetMGM bonus code NEWSWEEK1500.

Secure a $1,000 Bet on Caesars Using Our Caesars Sportsbook Promo Code NEWSWK1000

Caesars Sportsbook $1,000 BONUS BET
STATES: AZ, CO, IA, IL, IN, KS, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA. Participating states only. 21 . Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER.

Caesars Sportsbook has a sizable $1,000 bet on Caesars available to prospective bettors. If your initial cash wager settles as a loss, you'll get back bonus bets that can be applied to markets in any league this week.

Sign up with Caesars Sportsbook promo code NEWSWK1000 to activate a $1,000 bet on Caesars.

Choose $150 Bonus or $1,000 First-Bet Safety Net on Bet365

bet365 BET $5, GET $150 BONUS BETS! OR $1,000 FIRST BET SAFETY NET!
21 and present in AZ, CO, IA, IN, KY, NC, NJ, OH or VA. Gambling problem? Call 1-800-Gambler. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.

Bet365 is one of the most intriguing sportsbooks on this list. That's due in large part to the sportsbook offering a choice of two great new user promos. Players can either turn a $5 wager into a $150 bonus or a $1,000 first-bet safety net. You can either secure a 30x return win or lose, or you'll get a refund of up to $1,000 in bonus bets following a loss.

Sign up with bet365 bonus code NEWSXLM to bet $5, get $150 in guaranteed bonus bets or use a $1,000 first-bet safety net.

Fanatics Sportsbook: Score Up to $1,000 in Bonus Bets or $50 Sign-Up Bonus

UP TO $1,000 BONUS BETS

FANATICS SPORTSBOOK (AZ, CO, IA, IL, IN, KS, KY, MD, MI, NC, OH, TN, VA, WV)

$50 BONUS

FANATICS SPORTSBOOK (CT, MA, NY, PA, VT)

Must be 21 . GAMBLING PROBLEM? Call 1-800-GAMBLER (AZ, CO, IL, KY, MD, OH, PA, TN, VA, VT, WV); (888) 789-7777 or ccpg.org (CT); 1-800-BETS-OFF (IA); (800) 327-5050 or gamblinghelpline.org (MA), mdgamblinghelp.org (MD), 1800gambler.net (WV)

Fanatics Sportsbook has a pair of new user offers available to players in different states. The first offer is a $50 sign-up bonus for bettors in CT, MA, NY, PA and VT. Obviously, betting on the NFL Draft isn't available in some of those states, but if you're in one of those states, you can still collect a sign-up bonus. Bettors in other states can earn up to $1,000 in bonus bets win or lose.

Sign up on Fanatics Sportsbook to earn up to $1,000 in bonus bets no matter what. If you're in CT, MA, NY, PA or VT, register with Fanatics Sportsbook to secure a $50 registration bonus.

Hard Rock Bet Offers $100 First-Bet Offer

Hard Rock Bet $100! FIRST-BET OFFER!
STATES: AZ, NJ, VA. 21 or older and present in participating states. Gambling problem? Call 1-800-Gambler.

Hard Rock Bet has a $100 first-bet offer available to prospective bettors in Arizona, New Jersey and Virginia. Your first cash wager of up to $100 will be backed with bonus bets that will convey if your wager loses.

Register for this Hard Rock Bet promo to get a $100 first-bet offer.

Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage. If you or a loved one has a gambling problem call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER. Must be 21 or older to gamble.

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