Maine Sportsbooks Promos
Maine Sportsbooks Promos
This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, visit this page.
Sports betting bonuses are a great way to add extra funds to your betting account or test a new site.
Top operators like BetMGM and DraftKings continually offer promotions and incentives to players to reel in new members and beef up existing members’ bankrolls.
Whether you are new to sports betting or a seasoned player, there are bonuses you can benefit from.
Read on to learn more about bonuses in Maine, including which sites offer quality deals and the various promotions you will come across in the Maine sports betting market.
Once you fully understand your options, take advantage of deals that suit your betting style.
Are Maine Sportsbook Promos Worth It?
Of course! Sportsbook promos provide additional bonus cash to your bankroll or lower your risk when placing bets.
Learning more about how each deal works will show you the benefits of promotional deals.
- Build a Larger Bankroll: With promotions like a deposit deal, you can build a larger bankroll from the minute you sign up for a new player account. 100% first deposit deals boost deposits, allowing you to wager more than you expected.
- Enjoy a Bonus Bets Deal: With a bonus bet deal, the risk of experiencing a loss is lower. Generally, this deal type gives you cashback on losses, which allows you to avoid a major hit to your bankroll.
- Test Sites Before Investing Funds: Promotions like no deposit deals allow players to wager with a sportsbook without depositing. The operator gives you bonus cash up front, which can be used to place bets at no cost.
Best Maine Sports Betting Sites With Signup Bonuses
Below are a few examples of sports betting apps we feel will launch in Maine once the industry is up and running.
The offers listed are found in many states across the US.
Best Value
- One promotion per household.
- Available to new customers only, 21 years of age or older.
- $10 deposit minimum
- Only the first wager up to $1,000 will qualify.
- Example: Deposit $20 and place a qualifying wager. Lose the bet, and BetMGM gives you $20 in bonus cash.
- If the qualifying bet lost is over $50, then players will receive five bonus bets in equality denominations of 20% of the total amount.
Recommended
- Open to new players only.
- Players must be located in the state to qualify.
- A qualifying wager must be placed within 30 days of opening an account.
- A loss will result in a one-time bonus bets equal to the lesser of the full value of the qualifying wager or $1,500.
- Example: Deposit $30 and receive the same amount back if the qualifying wager is a loss.
- The qualifying wager must settle within 30 days for the bonus bets to be provided. Once received, the bonus bets must be used within 14 days of arrival.
Great Value
- New players only; 21+
- A minimum deposit of $10 is required.
- Example: Deposit $100 and receive $100 in bonus cash.
- Bonus money is added within 48 hours of the deposit being made and wagered 1x the deposit amount.
- Players must wager the bonus amount 1x as well before a cash out is allowed.
Popular
- One promotion per customer.
- Players must be 21 years or older and located in the state.
- Deposit $5 to qualify.
- Example: Deposit $100 and receive $20 in bonus cash.
- DraftKings will release $1 in bonus cash with every $25 played at the site.
- Open to new players only.
- Place a fixed odds or PointsBet wager of $0.50 or more to qualify.
- One bonus bets requires a fixed odds bet with up to $500 available. The second is a PointsBetting wager worth up to $1,500.
- Example: Wager $50 with both deals and lose the bet. PointsBet will provide $50 for each promotion in bonus bets.
- Bonus bets credits are provided within 24 hours of the wager settling.
Maine Sportsbook Promo Code vs. Bonus Code
The terms promo code and bonus code are often used to describe the steps of a promotional deal.
Essentially, the terms go hand in hand. Promo and bonus are used to describe a code you must enter to claim a deal.
The code may consist of letters or letters and numbers. Enter it correctly to activate a bonus.
Don’t get confused if one operator says bonus code and another says promo code because they have the same meaning.
Do You Need A Maine Promo Code?
Not always. While some deals require a promotional code, others do not.
It is important to note if a promotion has a bonus code and enter it correctly when asked to. This way, the deal is activated correctly.
A promotional deal with no promo code will require you to click a link to opt in. Use the link to activate the promotion, with funds instantly added to your account.
Best Maine Sports Betting Promos
Sports betting promotions will vary based on the operator, but for the most part, the same type of deals are offered in Maine.
Players can access several deal types, some offering bonus cash and others offering bonus bets deals.
Below we have listed the most common promotion types and what you can expect from each deal.
Learn more about these options to select a bonus that works best for you.
Bonus Bet
The bonus bet deal is the way to go if you plan on depositing funds for betting.
The sportsbook will allow you to place a wager; if you lose, the amount is returned with bonus cash.
There will be a cap on how much you can get back with a loss, so check the amount before depositing.
Insurance Bet
This promotion is similar to a bonus bet offer.
Take advantage of this deal, and your first wager at the sportsbook is covered.
If you lose the bet, you receive bonus cash in the amount of the original wager, as long as the requirements of the deal are completed.
Deposit Match
A deposit match is an online bonus deal that provides bonus cash with a deposit.
If you are new to an online sportsbook, this option is usually connected to a welcome deal.
An example would be a 100% deposit match worth up to $500. Simply add up to $500 to receive the same amount in bonus cash.
Keep in mind this deal type has wagering requirements. Players will need to wager the bonus amount a certain number of times before a withdrawal is allowed.
The requirement can range from 1x-40x.
The higher the requirement, the more you will need to wager. Consider the wagering requirement multiplier before you move forward with activating a deal.
Bet & Get
This promotion type is at the bottom of the list because it is not offered regularly.
The deal provides players with a small amount of bonus cash for betting a small amount.
An example would be to bet $25 and receive $10 in bonus funds.
How To Pick The Best Maine Sportsbook Promos
- Consider the Wagering Requirements: Take a look at the terms and conditions of the bonus. What are the wagering requirements? Deals will require you to wager bonus funds a certain number of times. Look for bonuses with 10x or less wagering restrictions. This way, you can clear the deal as quickly as possible.
- Promotion Time Constraints: It is also important to consider the time constraints of the promotion. How long do you have to claim the deal? Do you need to wager the bonus cash within a certain time frame? Most deals give you 3-7 days to clear bonus funds or possibly longer, depending on the bonus type. Ensure you have enough time to meet the bonus requirements before claiming the promotion.
- Are there Odds or Sports Restrictions: Look at the bonus details and see if there are any odds or sports restrictions. Some deals may only work on specific sports or bets with set odds. Make sure you follow any such restrictions to claim the deal correctly.
How To Use Maine Sportsbook Bonuses
When claiming a sportsbook bonus, the best advice is to read the terms and conditions.
Frequently, players will claim a deal without knowing every detail. This easily leads to forfeited cash or other issues.
By reading the terms and conditions section, you know exactly what to do to activate the bonus and complete any wagering requirements without risking any forfeiture of bonus funds.
Do Maine Sports Betting Bonuses Have Restrictions Or Limitations?
- Age and Location Restrictions: Players must be 21 or older and be located in Maine to wager.
- Sport Specific Deals: Some promotions require players to wager on specific sports such as football, basketball, or baseball.
- Set Odds: Many bonus deals will have set odds that players must use when placing a bet to qualify for the promotion. Be sure to select a bet with the correct odds when this rule is in place.
What Are Wagering Requirements?
As mentioned previously, wagering requirements are terms of a bonus deal that must be met before any cash-outs are allowed.
In general, the wagering requirement refers to the number of times the bonus must be wagered.
Every promotion is different, so some may have a high wagering requirement of 40x while others offer 1x. Look for deals so you can complete the terms quickly.
An example would be a 100% deposit bonus worth up to $250.
If you deposit $250 and have wagering requirement terms of 40x, you must bet $10,000 before you can cash out.
With a lower 1x requirement, only $250 must be played, a much lower price point, and easier to complete.
Keep this in mind when taking advantage of bonus deals.
Free Bets vs. No-Deposit Bonuses
Let’s take a look at free bets vs. no deposit bonuses because players often get these two options confused.
A free bet is an option that sportsbooks offer that requires a deposit. You add funds and place a wager up to a certain amount.
If you lose the bet, the sportsbook offers you bonus cash back.
With a no deposit bonus, the sportsbook gives you bonus cash upfront. You are not required to deposit funds just yet and can try the site at no cost.
A no-deposit deal can be hard to find, but it is worth it as the offer lets you test a site before investing funds.
You will be required to deposit before you can withdraw any wins.
Look For More Than One Maine Sportsbook Promo
Don’t be afraid to take advantage of more than one promotional offer online, especially via multiple operators.
Players are allowed to have one account per sportsbook in the state. Sign up for new player accounts with several providers to access various bonus offers.
Don’t restrict yourself to one site; see what’s out there for maximum bonus potential!
Gambling Problem? Find out how to exclude yourself from casino gambling in Maine.
