As online sports betting is now legalized in Indiana, numerous bonuses and promotions such as risk-free betting offers and free bets are available for players in The Hoosier State. As competition heats up between operators, players are in a prime position to use some Indiana sports betting promos.
With so many online sportsbooks now available in the Indiana sports betting industry, they must offer incentives to attract new players to sign-up. The Indiana sports gambling market is thriving, with several top operators adding their online sportsbooks to the IN sports betting apps already available. When looking for an online sportsbook in Indiana, sports bettors will have multiple sportsbook bonuses to choose from as they begin their online sports betting Indiana journey.
Read more to find out about Indiana sportsbook bonuses, including risk-free bet offers, how to use bonus codes, and which Indiana online sportsbooks are offering the best value.
If you are looking to get started with an IN sportsbook, then these are the best sportsbook bonuses available from legal IN sportsbooks:
The above offers include the best free bets for new customers in Indiana. Like the DraftKings Indiana promo, some of the offers come in two parts but can be claimed once you have signed up for an account. Many Indiana sportsbooks offer free bets, but the above online sports betting bonuses provide users the best value. Sign up to any of the legal sports betting platforms above and claim your bonus money today.
Indiana sportsbook sites maintain consistent profits by offering players less than true odds on their wagers. However, the “juice” is small enough that a wise player can find means to temporarily turn the book’s edge on its head. One of the most effective ways to do this is by taking advantage of Indiana betting promos such as a free bet money no deposit offer.
Although brick & mortar books don’t offer many deposit bonus promos, online sports betting bonus offers are widely available in Indiana. Players can find a range of lucrative promos that range from free bets for existing customers to no deposit sportsbook offers. With so many Indiana sports betting sites now live, bettors in the Hoosier State have multiple opportunities to claim these offers and rake in some extra cash.
There are a variety of sportsbook promotions and best betting site promotions available in the Hoosier State, and we can expect to see more going forward as more sites go live. Typically, the bonuses bettors will come across in Indiana include:
No-deposit bonuses are the most straightforward bonus types to understand. Additionally, they incur the least amount of risk on the player because, as the name implies, bettors don’t need to deposit any money to claim this offer. The only requirement for players to unlock these offers is to register an account with an online betting site successfully.
As with most promos, there are usually terms and conditions attached to no-deposit bonuses. The most important one being that you cannot cash the funds out as you will need to use them on the site. The best sports betting apps will only require you to wager the no-deposit funds one-time before cashing out. Other sites might require a 5x or 10x playthrough. Always read the fine print before claiming a bonus.
Deposit matches are extremely popular among sports betting sites and online casinos. The principle behind them is simple: You deposit a certain amount of money, and the operator matches this amount (either entirely or partially) via a bonus.
Match bonuses are easy to spot because they always follow the same format of “x% up to $xxx.” For example, if a sportsbook offers a 50% match up to $500, for every dollar players deposit, they will receive 50% of that as a bonus.
How good or bad a match bonus depends on several factors. Most crucial is the wagering requirement, which is the number of times you must bet your bonus before it is converted to cash. If you find a 1x wagering requirement, that is excellent as once the bonus is wagered one time, the money can be instantly withdrawn. By contrast, if you find a bonus where the operator imposes a 25x playthrough requirement, that is less appealing.
Also, look out for the match percentage. The higher the percentage on these offers, the better. The gold standard is typically between a 50 – 100% match. Additionally, the monetary cap is also important, with $500 being about average. Ensure you always check if there are expiration dates as deposit match offers often expire after a certain period of time.
Free bets are one of the most common welcome packages utilized by online sportsbooks in Indiana and across the country. The concept behind them is straightforward: you get to make a bet on the house, and any winnings are instantly awarded as cash. Please note that the original free bet amount is not cashable, only any winnings that are generated.
For instance, if you get a free bet of $200 and bet it on the Seattle Seahawks to win the Super Bowl at +200, you would get $600 for a winning bet, not $600 as if you used your own funds.
Free bets are presented in a couple of different ways:
As with most bonuses in the online sports betting world, free bets usually have some restrictions tagged on them. Mainly, you may be forced to bet only on limited markets at odds greater than -200 or -300.
Risk-free bets sound fantastic on paper, but they are essentially watered-down versions of free bets. Unfortunately, as the legal US betting industry matures, this type of bonus is becoming more widespread, especially as part of welcome bonuses.
Risk-free wagers aren’t complicated. Players who deposit and lose on their first bet will get a refund of the amount of the wager, up to a specified amount. So, a $300 risk-free bet offer will award up to $300 if the bet loses. The obvious issue here is players who win their first bet don’t receive anything beyond their winnings. This is why free bets are superior, as, with them, the bet is delivered win or loss.
Risk-free bets are still appealing but not as attractive as free bets.
If you have already signed up to a sportsbook in Indiana and look for existing customer free bets, you will probably feel a tad deflated. Operators very rarely hand out free bets to existing players. The best deals are always for new customers. There is no harm in signing up to every operator to claim a free bet. It’s better to actually have a few accounts with different books, that way bettors can always compare the best odds before placing a bet.
In any legal US sports betting environment, some rules and regulations must be adhered to. With that said, there are Indiana sports betting rules that residents must follow. Fortunately, they’re not too stringent.
Before claiming any sort of bonus, you must complete the registration process. To do this, first, you must be of legal gambling age. In Indiana, you must be at least 21 years of age to register an account. Although most forms of gambling in the state, such as pari-mutuel wagering, only require you to be 18 or older, sports betting is linked to the state’s casinos, so you must adhere to the same age requirements.
Next, you must prove your identity. Every account registration will ask you to go through a verification check, which the Indiana Gaming Commission has ordered. Consequently, you must provide your name, address, and the last four digits of your Social Security Number. If everything is O.K, your account will be approved and verified in seconds.
Sometimes, a book may ask for a promo code to be used to trigger a bonus. In order to receive an offer, you must opt-in through the use of a unique promo code (or bonus code). These codes take the form of a short word or phrase and appear in caps. They may look something like “GAMBLEUSAWELCOME10” or “GAMBLUSA.”
Sports betting promo codes are similar to coupons, but you win added monetary value instead of getting a discount on goods.
Using a promo code is simple. Upon registering for an online sportsbook, there will be a field reserved in the registration form. By entering a promo code at sign-up, you will trigger one of the most valuable promotions you will ever receive at a betting site: the welcome bonus. These are usually worth hundreds of dollars in added value, so make sure you don’t miss out.
You can do a couple of things to ensure you are getting maximum value from your sports betting bonuses. If you follow the below steps, you can turn those promos into a nice profit.
On the stack promos point, it is in your interest to combine two or more promos together for maximum value. For example, if an Indiana online sportsbook offers 50% insurance and -100 lines on an event, this is a better value than either promo individually.
Indiana is home to some well-known sports teams to bet on. These teams compete in the NFL and NBA, and luckily there are plenty of markets available at Indiana sportsbooks, including football and basketball markets.
The Colts have won two conference championships and one Super Bowl and have played at the Lucas Oil Stadium since 2008. Players can bet on the Colts to win the AFC South, the Super Bowl, and achieve over/under a certain number of wins.
The Pacers didn’t have a great 2020/21 season, finishing ninth in the Eastern Conference. With the new NBA season underway, bettors can wager on Indiana to win the Eastern Conference, NBA Championship, or whether they will achieve a certain number of wins. Additionally, you can bet on every single one of their regular-season games for the 2021/22 season.
The Hoosiers are a well-supported college basketball team. Players can bet on them to win the NCAA Basketball National Championship and all of their games for the college ball season.