We’re more than a month into legal online sports betting in North Carolina and while some operators have changed their offers from what was available at launch, many are still giving out better and lower-investment bonuses than what’s available in the other states.
You can read up on the optimal way to use your sign-up bonuses, or get started now. We’ll break down the specifics of each offer and the actual estimated cash value below.
North Carolina sportsbook promos
| Sportsbook | Promo | Advertised Value | Estimated Cash Value |
| 1. Fanatics Sportsbook | $1,000 bet match | $1,000 | $545 |
| 2. Underdog NC | $1,000 first bet mulligan | $1,000 | $400 |
| 3. bet365 NC | $150 bonus bets or $1,000 first bet insurance | $1,000 | $400 |
| 4. ESPN BET NC | Bet anything, get $150 | $150 | $90 |
| 5. DraftKings NC | Bet $5, get $200 | $200 | $120 |
| 6. Caesars NC | $1,000 first bet insurance | $1,000 | $400 |
| 7. FanDuel NC | Bet $5, get $200 | $200 | $120 |
| 8. BetMGM NC | Bet $5, get $150 | $150 | $90 |
1. Fanatics Sportsbook: 10-day, $100 per day bet match
Fanatics Sportsbook offers a unique promotion — a $100 bet match for 10 days, totaling $1,000 potential FanCash/bonus bets. Make sure to opt-in each day or else your bet won’t be matched and make sure your bets are -200 or longer (meaning -150 is OK but -250 won’t qualify).
Your first bet of the day will be matched in bonus bets/FanCash, up to $100, for your first 10 days on the platform. So if you bet $100 on the Pelicans -1 against the Lakers on Monday night, you’ll get $100 in bonus bets no matter what happens. If you bet $25 on the 76ers -4 against the Heat on Wednesday, you’ll get $25 in bonus bets.
If on Day 3, you don’t bet anything, you won’t get any bonus bets, but you’ll be able to continue the promotion on Day 4 and can earn another $100 that day. If you don’t bet in a given day, you don’t get an extra day — it’s your first 10 days on the platform.
This promo has its pluses and minuses — if you have the patience to bet $100 every day for 10 days, we estimate the cash value at north of $545. Even if you go 5-5 on your $100 bets for 10 days all at -110, you’ll lose about $50 in cash but have $1,000 in bonus bets.
2. Underdog Sports: $1,000 mulligan on your first bet
If you max out a $1,000 insurance bet and hedge it against another book, it’s worth about $400 in cash. We don’t necessarily recommend that, and the sportsbooks don’t want you to do that, but I think it’s a fair way to measure the value.
3. bet365: $150 or $1,000 first bet insurance
Here are your choices with bet365 bonus code NYPNEWS. You’ll use the same code for each, and pick your offer from a landing screen after registration.
- A $1,000 first bet safety net refunds you in bonus bets equal to what you lost, if your first bet loses.
- The other offer gives you $150 in bonus bets after a $5 wager. The only qualifier is
If you max out the offer, like with Underdog, it can be worth about $400 in cash over a large sample. So if plan on maxing it out, take the insurance, but if you just want some bonus bets, take the $150.
4. ESPN BET: Bet anything, get $150
ESPN BET has lumped North Carolina in with the rest of its states. The offer is now bet anything, get $150 in bonus bets. Use promo code NPNEWS to activate it.
ESPN BET was previously running a deposit match that is no longer available.
5. FanDuel: Bet $5, get $200
FanDuel’s offer is simple — just deposit $10, bet $5, and you’ll get $200 in bonus bets. There’s no promo code needed to claim this offer — just sign up now.
In the rest of the country, you’ll get $150 in bonus bets.
6. DraftKings: Bet $5, get $200
For new users, DraftKings offers the same deal as FanDuel: bet $5 and get $200 in bonus bets.
7. Caesars Sportsbook Promo Code: Bet $5, get $150
Caesars Sportsbook promo code NYPNEWS1000 is now live in North Carolina. It gives you a $1,000 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. But you get one big bonus bet back — so if you bet $500 on the Lakers +1 on Tuesday night and lose, you’ll get back one $500 bonus bet.
8. BetMGM Promo Code: $150 bonus bets
BetMGM bonus code NYPNEWS will earn you $150 in bonus bets after a $5 wager.
Those bonus bets come back in six increments of $25, and you’ll have seven days to use the bonus bets.