North Carolina sports betting has been live for nearly a month, and some operators have begun scaling back their elevated offers. DraftKings and FanDuel have both moved from $250 in bonus bets to $200.
At others, there’s still time to get a better bonus than what’s available at that sportsbook in the rest of the country.
We already dove deeper here on the optimal way to use your sign-up bonuses.
| App | Offer | Promoted $ | Actual Estimated $ |
| 1. Fanatics Sportsbook | $1,000 bet match | $1,000 | $545 |
| 2. Underdog NC | $1,000 first bet mulligan | $1,000 | $400 |
| 3. bet365 NC | $200 bonus bets or $1,000 first bet insurance | $1,000 | $400 |
| 4. ESPN BET NC | Bet anything, get $225 + $500 max deposit match (now 10% cashback rate) | $725 | $408* |
| 5. DraftKings NC | Bet $5, get $200 | $200 | $120 |
| 6. Caesars NC | Bet $5, get $150 | $150 | $90 |
| 7. FanDuel NC | Bet $5, get $200 | $200 | $120 |
| 8. BetMGM NC | Bet $5, get $150 | $150 | $90 |
At Fanatics, you’ll get a $100 bet match for 10 days, totaling $1,000 potential FanCash.
Each day for 10 days, your first bet will be matched in bonus bets, up to $100 per day. So if I make a $100 bet on Iowa against UConn in the Final Four on Friday, I’ll get $100 in bonus bets if it wins or loses. If on Day 2 I bet $75 on NC State moneyline vs. Purdue, I’ll get $75 in bonus bets.
We value this promotion at north of $500 in cash. Because even if you go 5-5 on your 10, $100 bets, you’ll lose about $55 in cash, but you’ll have $1,000 in bonus bets. And if you turn those bonus bets into cash at a 60% rate, you’ll have a little over $550 in cash at the end.
While it may be difficult to remember to make the bets each day, you don’t have to deposit $1,000 to take full advantage, either.
As we detailed above, 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, but I think it’s a fair way to measure the value.
bet365 bonus code NYPNEWS gives you a choice of two offers in North Carolina; the code is the same, but you’ll pick your offer from a landing screen after registering.
Here are your choices:
- 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 $200 in bonus bets after a $5 wager (just make sure your first bet is at odds of -500 or longer, meaning -400 is OK but -600 is not).
As we’ve covered above, the $1,000 first bet if you max it out 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 $200.
ESPN BET has two parts to its offer, and the true value has increased since they changed the cashback rate.
The cashback unlocks slowly, 10% at a time, and you only have 30 days to unlock it all. We estimate the deposit match is worth more like $222, because you’ll slowly lose juice as you bet against the wagering requirement. That’s up significantly with the now 10% cashback rate; it had been 5% two weeks ago.
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.
FanDuel did drop this bonus from $250 to $200 last week, and you can expect some other books to follow with lower offers as the NCAA Tournament winds down.
For new users, DraftKings offers the same deal as FanDuel: bet $5 and get $200 in bonus bets.
With promo code NYPNEWSNC, you’ll get $150 in bonus bets after a $10 deposit and $5 wager.
Caesars was offering $250 in North Carolina at launch, but has sinced dropped its offer by $100.
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.