Best NHL Betting Promos & Sportsbooks

Weighing the Pros and Cons of NHL Betting Promos

Before getting into any promotion, it’s smart to weigh the pros against the cons. Here’s what to think about when evaluating your next sportsbook promo:

Pros

• Reduced Investment Risk: Promotions like first bet insurance and bonus bets lower your risk. You can experiment with different strategies without committing your entire bankroll.
• Rewards Program Perks: Many platforms, including caesars sportsbook, feature rewards programs that convert your betting activity into tangible perks — think bonus bets, hotel stays, or even meals.
• Diverse Betting Markets: NHL betting promos open the door to a variety of markets, from standard bets to niche prop bets and same-game parlays.
• Enhanced Odds and Boosts: Features like profit boost tokens and odds enhancements can significantly increase your potential winnings, making your bet wins even sweeter.
• Innovative Tools: With options like early cash-out and live betting, you have the flexibility to manage your wagers in real-time, which is a must for the world of NHL betting.

Cons

• Stringent Playthrough Requirements: Many promotions come with extensive playthrough conditions, meaning you have to wager several times your bonus bet stake before withdrawing any winnings.
• Bonus Bet Stake Deductions: Often, the bonus bet stake is deducted from your winnings, which can reduce your net profit if not managed carefully.
• Limited Usage Period: The pressure to use bonus bets before they expire — usually within a week — can force you into rushed decisions, which is NEVER the option when dealing with sports betting, or any betting for that matter.
• Variable Terms Across Operators: Not all sportsbook promos are created equal. Differences in odds requirements, minimum deposits, and bonus bet expiration dates can add layers of complexity when comparing offers, which may not be ideal for newbies.

Best NHL Betting Promos & Apps

Below is a roundup of some of the best platforms where you can snag a great NHL betting deal:

Fanatics Sportsbook: Best Value

Fanatics might be the new kid on the block, but it’s quickly making waves. With up to $1,000 in no-sweat bets and no promo code fuss, Fanatics gets it right by delivering genuine value. Plus, their rewards even tie into their retail side, so you might end up with extra perks from everyday shopping. And with regular odds boosts + cross-promotional opportunities during big sports events, you’re always in for a little extra action (no pun intended) with their bonus bets.

Fanatics Sportsbook Promo Code

• Bonus Offer 1: Bet and Get up to $1,000 in No Sweat Bets!
• Available States: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, VT, WV, WY
• Terms: New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VT, VA, WV, or WY only. Must apply this promotion in your bet slip and place a $1+ cash wager with odds of -500 or longer each day for 10 straight days. Your 10 days begin the day you establish your account. Wager must settle as a loss to qualify for Bonus Bets. Bonus Bets will equal the amount of the losing wager(s) (up to $100 in Bonus Bets per day) and expire 7 days from issuance. This offer is not available in NY. Terms apply- see Fanatics Sportsbook app.
• Bonus Offer 2: Bet $30, Get $300 in Bonus Bets!
• Available States: AZ, CO, CT, IN, LA, MA, MD, MI, NJ, PA, TN, VA, WV
• Terms: New customers, 21+ and physically present in AZ, CO, CT, IL, IN, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV. New customers who wager $10+ cash on any market with odds of -500 or longer are eligible to receive $100 in Bonus Bets each day for your first three 3 days. You must wager $10+ each day to be eligible for the Rewards each day. Terms apply - see Fanatics Sportsbook app.
• Exclusive NY Fanatics Sign-Up Bonus: Sign Up and Get a 300% Profit Boost Token!
• Terms: New customers only, must be 21+ and physically present in New York. You must opt-in by toggling on the button for this Promotion in your bet slip and place a wager with a maximum stake of $50 and max pre-boosted odds +20000. Reward expires seven days from the date of issuance. See full Promo Terms in the Fanatics Sportsbook app.

Highlights:

• Up to $1,000 in no-sweat bets with a straightforward sign-up.
• Extra rewards that connect with Fanatics’ retail experience.
• Regular odds boosts aligned with major sports events.

Caesars Sportsbook: Best Rewards Program

Who doesn’t like extra perks? Caesars offers a rewards program that can turn your NHL betting into real-life experiences (from stays at Caesars Palace in Las Vegas to bonus bets waiting when you check in). With our promo code, you can start betting with as little as $1 and grab 10 Profit Boost Tokens, making every wager a little more exciting.

Caesars Sportsbook Promo Code

• Use promo code ACTION22DYW to claim the following promo offer: Bet $1+, Get 10 100% Profit Boost Tokens!

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

Highlights:

• Rewards that translate into tangible experiences.
• Promo code ACTION22DYW gets you 10 Profit Boost Tokens.
• Perfect for regular bettors who want to build up rewards.
• Available in: AZ, CO, DC, IA, IL, IN, KS, KY, LA, NC, NJ, NY, OH, ON, PA, TN, VA, WV, WY, MA, MD, ME, MI

Bet365: Most Competitive Odds

If you’re after top-tier odds, Bet365 is a solid pick. Known for its competitive pricing — especially in niche sports — Bet365 gives you the most competitive odds with options like odds boosts and early cash-outs that let you fine-tune your bets (meaning you, the bettor, get to control the odds).

With the bigger sports like the four major American sports, bet365's odds are comparable to most of the bigger books in the marketplace. And if we're talking about more niche sports like soccer, tennis, and other offerings that are more popular in Europe, their odds are incredibly competitive compared to other sportsbooks that offer those markets.

Bet365 Bonus Code:

• Use promo code TAN365 to earn this promo: Get a First Bet Safety Net up to $1,000 in Bonus Bets!
• Or, bonus code TAN365 can net you this promo as well: Bet $5, Get $150 in Bonus Bets Win or Lose!

Bet365 Sportsbook States: AZ, CO, IA, IL, IN, KY, LA, NC, NJ, OH, TN, VA

Highlights:

• Competitive odds, particularly in niche sports markets and major U.S. sports.
• Features like odds boosts and cash-out options improve your betting strategy.
• Promo code ACTION gives you a First Bet Safety Net up to $1,000.
• Available in: AZ, CO, IA, IL, IN, KY, LA, NC, NJ, OH, TN, VA

BetMGM: Best User Experience

Now, we might be biased because we're big Jamie Foxx fans, but for those who appreciate a smooth, user-friendly interface, BetMGM delivers. With a desktop and mobile version that's easy to navigate and aesthetically pleasing, it makes working through the bonus bets from NHL betting promos incredibly pleasant. It also doesn't hurt that the platform offers live streaming, so we can place a bet on a game with one of our bonus bets and then hop over to the game, waiting to see if the results we wagered on come through.

Plus, with bonus offers like up to $1,500 back if your first bet doesn’t win, BetMGM sets you up nicely to enjoy the full spectrum of betting excitement. From soup to nuts, it's the best user experience out there. You can bet on your phone on your couch at home, or on a suite overlooking the Strip in Las Vegas. It's your bet, your choice.

BetMGM Bonus Code:

• Use promo code AN1500 and net the following promo: Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn't Win!
• Or, use promo code ACTION1600 for this promo: Get a 20% Deposit Match up to $1,600 in Sports Bonus! (AZ, CO, DC, IN, IA, KS, KY, MA, MD, MI, NJ, NC, PA, TN, WV, WY)

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

Highlights:

• An intuitive design that makes mobile and desktop betting fun and easy.
• Live streaming options to catch every moment of the action.
• Betmgm bonus code ACTION gets you up to $1,500 in bonus bets.
• Online bets turn into real perks at BetMGM properties.
• Widely available across several states: AZ, CO, DC, IA, IL, IN, LA, KS, KY, MI, NC, MA, MD, NJ, OH, PA, TN, VA, WV, WY

DraftKings: Most Reliable & Extensive Markets

DraftKings remains a heavyweight in the sports betting arena, offering reliability and a deep variety of markets. With an huge range of NHL player prop bets (from goals to assists, even goalie stats), DraftKings gives you plenty of ways to engage with every game. The depth of options at DraftKings for NHL betting is truly unparalleled. And obviously, given that they are legal in over half of the states in the United States, they're widely visible.

On the other hand, their customer service is always available and responsive, making this platform a trusted choice for serious bettors. It also gives users a wide range of payment platforms to meet all of their needs. Overall, it's one of the most reliable operators in the sports betting industry.

DraftKings Bonus Code:

• No promo code is required to earn the DraftKings promo: Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!

DraftKings Sportsbook States: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY

Highlights:

• A huge selection of NHL prop bets, including goalie stats.
• A publicly traded company with strong promos and market depth.
• Reliable customer support and flexible payment options.
• No promo code required to claim the DraftKings promo: Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!

How to Choose the Right NHL Betting Promo

We've all heard that "the devil is in the details" saying, and when it comes to NHL betting promos, it's spot on. Picking the perfect one isn’t just about flashy offers: it’s about the details. Always check:

Playthrough Requirements

First, you need to verify that you're eligible for the bonus bets offer, note which sports the bonus applies to, and verify that you'll be able to meet these requirements within the window of time given for the promotion. In short, know what you need to wager before you can withdraw any winnings.

For example, DraftKings has a 1x playthrough requirement for most welcome promotions, whether a bonus bet opportunity or a deposit match bonus, though this one is one of the most common for online sportsbooks. However, one area where 1x playthrough requirements are not common is for welcome promos that involve bet insurance and no deposit bonuses. The playthrough on these tends to be higher because of the nature of these types of bonuses.

Deposit Thresholds

Think of it this way: you wouldn’t buy a fancy gadget if it’s way over your budget, right? The same goes for betting promos. Look at the minimum deposit required and see if it comfortably fits your wallet. If a promo asks for more cash than you’re willing to part with, it might not be the best match for you, especially if you're just dipping your toes in the water.

Odds Conditions

Now, about the odds; some promos only count if you bet at or above certain odds. It’s like having to climb a little extra hill to get to the bonus. These conditions are there to keep things fair, but they can also mean that the bonus isn’t as easy to get if you’re playing it safe. Just make sure you’re cool with the level of risk before you commit.

Too many people get swept up by the promise of “free money” and skip over these details, but that’s a quick way to end up frustrated when the fine print turns out to be a deal-breaker. So take a minute to read the terms and conditions: don’t be that person who regrets missing a crucial detail later on and pays the price (quite literally).

Claiming Your NHL Betting Promo: The Process

Read all of our best NHL betting promos and are ready to jump in? Here’s how to get started:

1. Register

This is pretty much the same process you probably made with other online sportsbooks: just make sure your geolocation is active and sign up with your basic details (like email address, a unique password, and sometimes your phone number). Remember: as of March 2025, you’re in one of the 30 states where online sports betting is legal, so it’s a smart move to confirm your location. And here's a friendly tip: while there are plenty of legal sportsbooks, shady underground NHL betting sites still exist.

Trust us, you don’t want to risk your deposit, your payout, or even your personal info, and since there's no shortage of legal NHL betting sites to wager, steer clear of the not-so-legal ones.

Once your location is sorted, most legal NHL betting sites will ask for a bit more (like your date of birth, home address, and even the last few digits of your Social Security number) to keep everything secure. You’ll probably need to upload a photo ID too, just to confirm it’s really you and get to your bonus bets.

2. Deposit

With your account ready, it’s time to add some funds and make a qualifying deposit. Pick the payment method that suits you best — be it your credit card, online banking, or an e-wallet. This deposit is your ticket to unlocking bonus bets, so choose an amount that fits your strategy.

3. Place Your Bet

Now that you've made your deposit, it’s time to get your game on. This is the moment where you actually place a bet, aka your ticket to getting those bonus perks. Think of it as your way of sending your RSVP to the betting party. Most NHL betting promos require you to meet a qualifying wager first. That could mean betting a minimum amount or making sure your wager hits a specific odds threshold (say, odds of -200 or higher).

It might seem like a bit of a hassle, but taking a moment to check these details can save you from any surprises down the road. Once your bet meets the criteria, you’re not just playing, you’re showing you mean business, and the bonus offers will be waiting for you.

4. Enter the Promo Code

Before you finish, don’t forget to enter your promo code: this is your VIP pass to extra rewards. Think of these bonus codes as secret ingredients that really spice up your betting experience. Whether you’re placing a modest bet or going all in, there’s a promo tailored to match your deposit. And, if you have a bit more to invest, opt for an offer that aligns with your bankroll to squeeze every bit of value out of your bet.

A quick double-check (or triple-check if you're a perfectionist like us) to make sure you’ve entered the code correctly can make all the difference between actually getting bonus perks or missing out.

P.S: The bonus codes highlighted on this page offer a ton of opportunities to take advantage of the best NHL betting promo codes.

Even the best NHL betting promos can leave you empty-handed if you miss a few critical details. Trust us, we've seen it first-hand: a lot of sports bettors have experienced the frustration of not making the most out the value of their bonus bets (or none at all) simply because some requirements were overlooked.

We don't want that to happen to you, so here are some of the most common mistakes and how you can avoid them when dealing with online sports betting sites and their promo codes:

Meeting Odds Requirements

Most online betting sites attach specific odds requirements to make sure bettors don’t simply wager on heavy favorites in hopes of a guaranteed bonus bets win, which definitely adds a degree of difficulty to the promotion.

For instance, a promotion like “Bet $5, Get $150 in bonus bets” from platforms like bet365 might come with minimum odds requirements of -200 or even -500. So, if your bet doesn’t meet these conditions, you could lose out on your bonus bet stake entirely.

To avoid this, always check the details (doesn't matter if you’re using a Caesars Sportsbook promo code or another sportsbook promo) to make sure your qualifying bet meets the conditions listed in the promo code.

Bonus Bets Expiration

"Woohoo, $300 worth of bonus bets! I can't wait to target the right match-ups in the right games and build a bankroll at my convenience... right?" Wrong. This is a very common mistake: not verifying the duration of bonus offers.

Now, not all sportsbook promo bonus bets are considered equal, and obviously the expiration period for bonus bets differs across operators/sportsbooks. For example, major platforms like DraftKings typically give users a week to use their bonus bets, while others might have different time frames. Missing this detail can seriously hamper your chances to turn those bonus bets into a winning bet.

Tip: Mark the bonus bet expiration date on your calendar. This simple step makes sure you use your bonus bets before they vanish, making the most of the NHL betting promos available.

Avoiding Minimum Deposit Errors

Nothing’s worse than gearing up for a great sportsbook promo only to realize you didn’t meet the minimum deposit threshold. This means that it doesn't matter if you’re eyeing a bet insurance offer from BetMGM or a sign-up bonus on another online sportsbook: depositing below the required amount means you won’t qualify for the bonus bets win.

Most promos require a minimum deposit — usually around $10 — so it’s key to confirm that you’re depositing enough to take full advantage of the offer.

If you take anything home today, let it be this: choose your NHL betting promo based on your comfort level and available funds. You should know how much money you can wager comfortably without putting yourself under too much pressure. So, if you have a limited budget, choose promotions designed for smaller deposits, making sure you’re not left out of the best sportsbook promos.

Get the Most Value From Your Bonus Bets

So, you’ve got your bonus bets in hand - now what? The catch is most bonus bets come with playthrough requirements and other conditions. For example, winnings from bonus bets often "take" the original stake, meaning you have to be strategic and you've got to put in the volume to make those bonus bets work for you.

The trick is to diversify your bets rather than stick to heavy favorites. Think parlays, prop bets, or even same-game parlays to spread the risk and boost your potential returns.

Tip: Mix up your wagering strategy. A well-planned approach can help you squeeze every bit of value from your bonus bets before they expire.

Key Takeaways

• Don’t let bonus funds expire: Always keep track of your bonus bet deadlines.
• Check odds requirements: Verify your bet meets the necessary odds to qualify.
• Meet the minimum deposit: Make sure you deposit enough to unlock the offer.
• Read the fine print: Understand all terms, including playthrough and rollover requirements.
• Diversify your bets: Use a few wagering strategies to make the most out of your bonus value.

NHL Futures

Here are the latest odds for the Stanley Cup winner:

• Florida Panthers +575
• Dallas Stars +600
• Colorado Avalanche +750
• Edmonton Oilers +750
• Carolina Hurricanes +1000
• Washington Capitals +1000
• Vegas Golden Knights +1100

Odds provided by BetMGM and are subject to change. Odds updated on March 27, 2025

Most Common NHL Betting Promos You Should Know

With so many options available on legal NHL betting sites, it’s a big deal to understand the common types of NHL betting promos. Why? Knowing what each offer has will help you choose the best NHL betting promos that match your style and bankroll.

Here’s a rundown of the most popular promos on legal NHL betting sites today:

First Bet Insurance

First bet insurance – sometimes known as no-sweat bets — offers a safety net for your initial wager. If your first bet doesn’t hit, you get your stake back (up to a certain limit). Take BetMGM’s $1500 First Bet Offer as an example: it’s designed to let you take a risk with confidence.

For many sports bettors, this is one of the best NHL betting promos out there, giving you a chance to learn the ropes without the sting of an early loss.

Bet & Get Offers

Bet & Get promos are a favorite among newbies and pro bettors for a reason, especially on platforms like DraftKings and FanDuel. With a modest wager — say, $5 — you can get bonus bets (for example, “Bet $5, Get $150 in bonus bets”).

And although these bonus bets typically expire within seven days, the low barrier to entry makes these offers perfect for building up your sports betting bankroll in NHL betting without a huge initial deposit.

Profit Boost Tokens

For those who like a little extra kick to their wagers, profit boost tokens are a game changer. Sometimes this type of bonus is limited to a specific type of wager, like prop bets, and sometimes they are more general and can be applied to any bet. It depends, like everything, to the sportsbook you choose.

These tokens “juice” your bet, upping the potential profit without a big extra investment. But, how do they work? Imagine you make a wager on a +250 money line. You wager $10, expecting you'll win $35 if your bet is correct. So, if you add a 50% profit boost token to your bet, you'll potentially win $37.50 in profit.

Tip: We only recommend these type of bonus bets for more "seasoned" bettors already familiar with the mechanics of sports betting.

No Deposit Bonuses

No deposit bonuses are the ultimate dream for any sports bettor: they let you dip your toes into NHL betting without putting down a dime. Often tied to major events or used by emerging operators to generate buzz, these promos are rare, but let you check out bonus bets with minimum risk.

NHL Betting Promos and Responsible Gambling

Let’s be honest: there’s nothing like the thrill of a well-timed bet on an NHL game. But as exciting as these promotions are, it’s crucial to keep things in perspective. Responsible gambling makes sure that your love for the game stays fun and sustainable.

And this isn't us being paranoid: Responsible gambling is an issue for online sportsbook operators. Hockey is a fast game, and those brutal sudden-death playoff losses come out of nowhere. Bad beats often lead some bettors to lose control of their emotions and stray from their structured approach to hockey wagering.

Tools to Bet Responsibly

Top online sportsbooks, including caesars sportsbook, Fanatics Sportsbook promo, and BetMGM, provide an array of tools to help you stay in control:

• Deposit Limits: Set daily, weekly, or monthly limits to keep your spending in check. This way, you can enjoy bonus bets without worrying about overspending.
• Time-Out Options: Feeling overwhelmed by the fast pace of NHL betting? Many platforms offer the option to take a break, giving you time to cool off and reassess your strategy.
• Self-Exclusion Programs: If you think your betting habits are getting out of hand, self-exclusion is available on a lot of legal NHL betting sites. This feature lets you take a break from wagering for a set period, making sure you bet smart.

Why Responsible Gambling Matters

NHL betting promos can be incredibly fun, but the fast pace of live betting and sudden game twists can sometimes lead to impulsive decisions. Responsible gambling is all about enjoying the game without letting emotions take over. Always set limits and stick to a strategy.

Pro Tip: Even if you’re caught up in the excitement of the best NHL betting promos or a lucrative bet & get offer, plan your bets wisely. A clear strategy and a few safeguards (like setting deposit limits) can help you make the most of your online sports betting experience.

Getting Help When Needed

Remember, help is just a call away. If you ever feel that your betting is spiraling out of control, reach out for support. Many reputable sportsbooks offer direct links to resources like Gamblers Anonymous and have helpline options like call 1-800-GAMBLER.

Responsible gambling isn’t about taking the fun out of the game: it’s about making sure that your passion for NHL betting remains both enjoyable and sustainable.