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CFB Betting Promos: Activate up to $4.7K in Total Sign-Up Bonuses & Welcome Offers on Saturday's Week 5 Action

by:Christopher Ilenstine09/28/24
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It’s already Week 5 of the college football season but there’s still plenty of time to activate the top CFB betting promos. In total, you can access up to $4,700 in total sign-up bonuses as a first-time bettor with the leading sportsbooks on our list below.

Here are our favorite sportsbooks and their welcome offers that can be used as CFB betting promos or any other sport you prefer:

1. bet365

bet365 bonus code: ON3MAX (valid for any sign-up bonus)

bet365 bonus code ON3MAX: $1,000 First Bet Safety Net

One of our favorites among the CFB betting promos, bet365, starts with a $1,000 First Bet Safety Net when you apply bet365 bonus code ON3MAX. It’s a first bet insurance to cover your first bet in case it loses while a win profits cash like any other bet.

Say I like Fresno State +110 over UNLV after UNLV’s quarterback stepped away from the team. I place $200 on the moneyline and the bet365 sign-up bonus plays out two different ways:

  • A win profits $220 and returns the $200 stake. I now have a $420 cash balance in my account.
  • Otherwise, bet365 deposits $200 in bonus bets to reimburse my loss.

bet365 bonus bets act as a currency in your account, lasting for seven days. This means you can split bonus bets across multiple bets for a chance at cash.

bet365 bonus code ON3MAX: Bet $5+, Get $200 in bonus bets

The alternate sign-up bonus, also activated with bet365 bonus code ON3MAX, provides a bet-and-get offer. You make at least a $10 deposit and place $5+ on -500 odds or longer.

The Oklahoma vs. Auburn matchup is close to a pick’em. While on the road, I think Oklahoma’s offense could get a little juice with a potential quarterback change.

At -101, I can grab Oklahoma to win outright. This falls within the -500 odds or longer requirement while having enough payout to be worth your time.

No matter how the bet plays out, you receive the $200 in bonus bets within an hour of bet settlement. This means you have the bonus bets in time to bet on night CFB matchups or the NFL Sunday slate.

bet365 PA bonus code ON3MAX: Bet $5+, Get $200 in bonus bets + 50 casino spins

Lastly, new Pennsylvania bettors qualify for nearly the same sign-up bonus as the Bet $5+, Get $200 mentioned above with the bet365 PA bonus code ON3MAX. The only difference is your $5 first bet unlocks $200 in bonus bets and 50 casino spins to bet365’s online casino.

The casino spins allow you to play bet365’s online slots for chance at cash.

2. Fanatics Sportsbook

Fanatics Sportsbook promo: No code needed, click here for the $1,000 bet and get over 10 days

If you’re a new user in any location in over 20 sports betting states, you can sign up for the Fanatics Sportsbook promo. This bet match is one of the most unique offers you’ll find among the best CFB betting promos.

The first step is to create a new account, which you can do by clicking this link.

Over the first 10 days of your new account, Fanatics matches your first bet each day up to a maximum $100 in bonus bets. Here are the two main requirements of the Fanatics Sportsbook promo:

  • Opt in to the promo in your account before placing a bet
  • Place the bet on -200 odds or longer to earn the bonus bet match

Any bonus bets earned must be used within seven days and can fund wagers within Fanatics for a chance at cash.

3. BetMGM

BetMGM bonus code ON1600DM: 20% deposit match, up to $1,600 in sports bonus

The deposit match promo, activated with BetMGM bonus code ON1600DM, is the only deposit match style promo you can find among the best CFB betting promos. It requires at least a $10 deposit to trigger the sports bonus.

If I make a $500 deposit, earning $100 in sports bonus, here are the requirements of the BetMGM promo:

  1. The $100 in sports bonus must be played once within seven days for a chance at cash
  2. I need to cash bet 10x the bonus earned ($1,000 in the example above) in the first 30 days of opening my account. Once I hit that threshold, any cash winnings in my account can be withdrawn.

BetMGM bonus code ON3MAX: Get up to $1,500 back in bonus bets if your first bet loses

After applying the BetMGM bonus code ON3MAX, place a cash bet of any size to qualify for the first bet on the house. Just like the bet365 First Bet Safety Net, it makes sense to snag plus money:

If I like Alabama at -105, I can add some value by parlaying the under 49.5 total points. If I bet $100 on this +270 parlay, here’s how the BetMGM promo works:

  • If I win, I profit $270 and keep my $100 stake
  • If a leg of the parlay misses, BetMGM sends me five $20 bonus bets to match my stake loss

The bonus bets, since my bet was over $50, are five separate bonus bet credits that must each be used on a straight bet or parlay. I need to play all five $20 bonus bets within seven days for a chance to profit cash.

4. DraftKings

DraftKings promo code: No code needed

Bet $5, Get $200 in bonus bets instantly: Use this link

The DraftKings promo code offer is as simple as it gets on our CFB betting promos list. Use the link or module below to set up an account, make at least a $5 deposit and place $5+ on anything such as Georgia -114 over Alabama.

Upon placing the bet, you instantly receive $200 in bonus bets. Next, depending on the outcome of the bet, you profit cash if your bet hits.

The bonus bets deposit as eight $25 bonus bets. Each $25 bonus bet must be placed on straight bets or parlays within seven days for a chance at cash.

5. Caesars Sportsbook

Caesars Sportsbook promo code: ONBONUS1000

$1,000 First bet on the house: Click here

Our list would be incomplete without Caesars Sportsbook which offers a $1,000 first bet on the house through the Caesars Sportsbook promo code ONBONUS1000. You may notice a common theme of first bet insurances among the best CFB betting promos.

It works the same as the BetMGM and bet365 sign-up bonus. Although, the bonus bets deposit differently than other books on this list.

Say I take a chance on BYU +132 over Baylor with a $250 bet and it loses. I receive a single $250 bonus bet that can’t be split up but must be used in its entirety on a straight bet or parlay.

I have 14 days to decide how to play the bonus bet for a chance at cash.

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