Top 5 Online Sportsbooks in 2024

Top 5 Sportsbooks to Watch in 2024

We've tried dozens of online sportsbooks, but these five stand out as some of the best of the best. Here are the top 5 sportsbooks to keep your eye on.

As sports betting continues to grow in popularity across the United States, the competition among sportsbooks continues to ramp up as well. Gone are the days when you pick any sportsbook and place simple moneyline bets. Instead, the various online sportsbooks have to keep adding new features and bigger bonuses to bring on new customers.

With that, we’ve rounded up the top 5 online sportsbooks and why they’re spreading like wildfire across the US.

FanDuel Sportsbook

  • Operating States: AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, ME, MI, NH, NJ, NY, OH, OR, PA, TN, VT, VA, WV, WY

FanDuel Sportsbook has earned its spot as the top sportsbook in the United States. It's recognized for its user-friendly interface, extensive betting markets, and fast payouts. Whether you're betting on the NFL, NBA, MLB, NHL, or even niche sports, FanDuel provides a massive selection that caters to all types of bettors.

Why we like FanDuel Sportsbook

Immediately upon opening the FanDuel app, you will realize that it is incredibly intuitive, making it accessible to both new and experienced bettors.

The platform is designed to ensure smooth navigation, allowing users to find and place bets with ease. Usability is such an important feature when you have what seems like an unlimited amount of sports and betting options.

Speaking of betting options, another highlight is its vast array of betting options, from traditional moneyline and point spread bets to more complex parlays and prop bets. The options are endless, which might seem overwhelming, but you will catch on quickly.

Bonus Offers

  • Current FanDuel Bonus: Bet $5, Get $150 If Your Team Wins

  • Bonus Code: Not required

FanDuel frequently offers attractive bonuses to entice new users and reward existing ones. One of the bonuses FanDuel offers fairly frequently is the "No Sweat First Bet," where new users can get up to $1,000 back in bonus bets if their first bet doesn't win. On top of that, FanDuel offers ongoing promotions, such as parlay insurance and odds boosts, which can put more cash in the pockets of their players.

Caesars Sportsbook

  • Operating States: AZ, CO, IL, IN, IA, KS, LA, MD, MA, MI, NJ, NY, OH, PA, TN, VA, WV

Caesars Sportsbook, backed by the well-known Caesars brand, is another top contender. Known for its lucrative promotions and high betting limits, Caesars caters to both casual bettors and high rollers. Don’t worry if you’re just starting out, either. Their app is fairly intuitive, making it easier for bettors to get into the game.

Why we like Caesars Sportsbook

Caesars Sportsbook stands out to us due to its reputable brand and extensive betting options. Everyone knows what Caesars is, even if sports betting is not legal in your state. That’s because the iconic brand has been around since 1933, featuring its logo on dozens of casinos and hotel resorts. So, you don’t have to worry about shady sportsbook tactics with this brand. Aside from the big name, the platform is particularly appealing to big bettors thanks to its high betting limits. The user interface is clean and easy to navigate, ensuring a seamless betting experience for all levels of sports bettors.

Bonus Offers

  • Current Caesars Bonus: Bet Up to $1,000 on Caesars — Win or Get a Bet Credit Back

  • Bonus Code: BV1000

Like FanDuel, Caesars is renowned for its lucrative promotions. New users can often cash in with significant sign-up bonuses, such as their current promotion which lets users bet up to $1,000 and if the bet loses, they’ll receive whatever they bet back in bonus credits. If you think that’s great, Caesars also offers a rewards program where bettors can earn credits that can be redeemed for various perks, including hotel stays, dining, and more. You can’t lose when you go with Caesars.

BetMGM Sportsbook

  • Operating States: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY

BetMGM Sportsbook is a top choice for casual bettors, offering a balanced mix of user-friendly features and innovative betting options. It's a solid option for those who enjoy betting on various sports without the need for extremely high stakes. And, just like Caesars, they’ve got the backing of big-name recognition from MGM. 

Why we like BetMGM Sportsbook

BetMGM's sports betting platform is straightforward and easy to use, making it ideal for casual bettors. Sure, new users and pros will love it as well, but it’s definitely the place where the casuals hang out. One of its unique features is the "Edit My Bet" option, which allows users to modify their wagers after placing them. We haven’t seen this on any other platform, but it’s extremely useful. After all, the dynamics of the game change as you get closer to tipoff, kickoff, or first pitch.

Bonus Offers

  • Current BetMGM Bonus: First Bet Offer $1500

  • Bonus Code: INSIDER

BetMGM offers a variety of promotions to attract new users and keep existing ones engaged. The current bonus — First Bet Offer $1500 — is great for those just starting out and want a little cushion for that first bet. It’s our exclusive promotion, so be sure to use the bonus code “INSIDER” when you sign up. Also, once you’re in, be sure to follow their ongoing promotions for returning customers, such as reload bonuses and their odds boosts. 

DraftKings Sportsbook

  • Operating States: AZ, CO, CT, IL, IN, IA, KS, LA, MD, MA, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY

DraftKings Sportsbook is one of the largest and most popular sportsbooks in the United States. They often call themselves the king of sports betting, which feels like it’s a fitting name. Like some of the other powerhouses in the industry, DraftKings offers an extensive range of betting options and a user-friendly platform that appeals to both new and experienced bettors.

Why we like DraftKings Sportsbook

DraftKings is known for its comprehensive betting markets and competitive odds. In fact, when we were comparing odds from other sportsbooks, we found that DraftKings typically has better odds than any of the other books around 30% of the time. That says a lot because there are tons of sportsbooks to choose from.

The platform is well-designed, making it easy to navigate and place bets.DraftKings also offers a variety of betting options, from standard bets to live in-game betting, ensuring there's something for everyone. It’s a pretty smooth platform with lots to bet on.

Bonus Offers

  • Current DraftKings Bonus: No Sweat Bet Up to $1,500 and Get a No Sweat NBA SGP Every Day of the NBA Playoffs

  • Bonus Code: Not required

One of the standout features of DraftKings is its welcome bonus. New users can receive up to $1,500 in bonus funds depending on whether their first bet wins or loses. That’s not too shabby at all. Despite this, the bonus doesn’t just stop there.

DraftKings also offers daily promotions and boosts, taking your betting experience to the next level and providing additional opportunities to win.

Bet365 Sportsbook

  • Operating States: CO, IA, KY, LA, NJ, OH, VA

Bet365 Sportsbook is relatively new to the US, but they’re an internationally renowned brand. Sure, their reach is limited as they only offer sports betting in seven states (so far), but they’re really known for their massive amount of betting options.

Why we like Bet365 Sportsbook

Bet365's platform is comprehensive and user-friendly. It wasn’t always this way, but they’ve recently revamped their app, and now it totally rocks. The sportsbook offers an impressive array of betting options (one of the biggest we’ve seen), including live in-game betting and what seems like a never-ending amount of prop bets.

Bonus Offers

  • Current Bet365 Bonus: Choose your Offer: Bet$5 Get $150 or Get a First Bet Safety Net up to $1,000

  • Bonus Code: 365BV4

This is a bonus we haven’t seen before on any other sportsbooks. Bet365 is offering new sports bettors the option of which bonus they want to take advantage of. Each is great in its own right, but they’re really designed for two different types of sports bettors.

So, which one is for you? Want the quick bonus at $150, or do you want to make your first jump into Bet365 with a massive first bet, knowing they’ve got you covered if it loses? The choice is yours.

Try Out all of these Sportsbooks

In 2024, these five sportsbooks will be the powerhouses of the industry. They stand out for their unique features, lucrative bonus offers, and widespread availability (to an extent).

Whether you're looking for a user-friendly platform, high betting limits, or extensive betting markets, there's something for every type of bettor. FanDuel, Caesars, BetMGM, DraftKings, and bet365 each bring something special and unique to the table, making them the top sportsbooks to watch this year.

While we think you’ll gravitate to at least one of the sportsbooks, at least give them all a try. You can take advantage of the bonus offers on each of them, so don’t leave money on the table.

Bettors Insider