Wyoming Sports Betting Promos & Bonuses: Best Offers for July 2024

Wyoming sports betting promos quick facts

Some sportsbooks still have a minimum age requirement of 21 for users to participate.

All Wyoming sportsbook promo codes

As of now, Wyoming’s sports betting industry boasts five prominent sportsbooks. BetMGM and DraftKings were the pioneers, launching their operations on the inaugural day of legalized sports betting in the state. FanDuel and Caesars later joined the fray within the first year.

PointsBet has obtained a license for Wyoming, but has not yet entered the market. The acquisition by Fanatics in 2023 delayed the launch of PointsBet in Wyoming. Instead, Fanatics debuted as the fifth online sportsbook in the state in May 2024.

Wyoming sportsbooks are going above and beyond with their welcome bonuses, showcasing the effectiveness of a strong sign-up offer as a marketing strategy. BetMGM is leading the pack with a generous $1,500 first-bet insurance offer for new users.

On the other hand, some sportsbooks have adjusted their welcome bonuses. Some have changed their offers, moving away from deposit matches and first-bet insurance in favor of a “bet and get” bonus structure. While these may be more budget-friendly upfront, they typically do not offer the same high maximum value as BetMGM’s promotions.

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1. DraftKings WY welcome offer 👑

DraftKings is offering a welcome bonus of up to $300 in bonus bets for first-time bettors. The promotion has multiple tiers, but is easy to understand. By wagering $5 or more, you can receive $150 in bonus bets immediately. The more you bet initially, the greater the bonus bets you will receive from DraftKings.

No DraftKings promo code is required to redeem the offer. Simply place a qualifying bet after signing up, and the bonus will be automatically credited to your account.

In order to make sure you get the most out of this bonus, here are some important points to remember from the terms and conditions:

• To be eligible for the promo, you must deposit $5 or more. Minimum $5 first bet required.
• Bet $5 or more to get $150 in bonus bets.
• Bet $20 or more to get $200 in bonus bets.
• Bet $50 or more to get $250 in bonus bets.
• Bet $100 or more to get $300 in bonus bets.
• This bonus offer is valid until July 21, 2024.
• Reward will be issued as multiple $25 bonus bets.
• You’ve got a seven-day window to use these bonus bet coupons, so don’t let them sit for too long.
• There are no market or odds restrictions. Whether you’re eyeing favorites, longshots, or anything in between, it’s all fair game.
• Payout Speed: Within 24 hours

Now, let’s compare this bonus to others and see how it measures up.

• It’s one of the best Wyoming sports betting promos for new users. Over at Caesars, you’d have to shell out (and lose) a $300 bet to pull a comparable bonus. With DraftKings, you can get the same amount with a $100 wager (which doesn’t have to lose).
• Unlike some offers where the bonus only kicks in if your first bet tanks, DraftKings hooks you up regardless of that initial bet’s outcome.

For more information on the sports and bets eligible for this bonus, as well as additional details about DK, check out our comprehensive DraftKings review.

2. FanDuel WY welcome offer 🔵

The comparison between FanDuel and DraftKings highlights their similarities, especially when it comes to their welcome bonuses. For instance, FanDuel offers new users the opportunity to bet $5 and win $200 in bonus bets as part of their welcome offer.

In order to receive this bonus, simply register, deposit at least $5, and make a bet of $5 or higher. If your bet is successful, you will receive the bonus. No FanDuel promo code is needed.

In order to fully utilize this offer, it is important to familiarize yourself with the following key terms.

• To qualify for the bonus, you need to wager $5. However, FanDuel’s minimum deposit stands at $5.
• You can make any bet in order to qualify for the bonus bets, as long as it settles soon.
• If your initial wager wins, you’ll earn $200 in bonus bets.
• You can spread out the bonus bets however you see fit.
• The bonus bets have a seven-day lifespan.
• Payout Speed: Within 24 hours

FanDuel’s bonus bets have a 1x rollover requirement. This means that if you use $200 in bonus bets on a team like the Yankees at +100 and win, you will keep the $200 profit.

Now, let’s compare this bonus to others and see how it measures up.

• This is arguably the top Wyoming sportsbook bonus for newcomers. Remember that you must deposit $5 to activate FanDuel’s bonus, while DraftKings lets you in for just $5 as well. However, the terms are a bit different after that.
• FanDuel’s flexibility with the bonus bets is a big win — no restrictions on markets or odds, and you decide how to spread out the bonus bets.
• You have to win your first bet at FanDuel in order to qualify, making this offer comparable (or slightly worse) to competing bonuses that may give you the bonus win or lose.

FanDuel is widely considered to be the top mobile sports betting app in Wyoming and many other states, offering an excellent welcome bonus. For more information, be sure to read our comprehensive review of FanDuel.

3. Caesars WY welcome offer 🏛

When you sign up for Caesars, you can take advantage of their $1,000 first bet welcome bonus. To secure this offer, simply deposit and wager a minimum of $10 after registering. Make sure to enter the promo code SBRBONUS1000 at the appropriate prompt.

Here are some important points from the terms and conditions that you should remember in order to easily understand and take advantage of this offer.

• Use the bonus code SBRBONUS1000 when signing up to claim the bonus.
• If your bet loses, you’ll get your money back, up to $1,000, as a single bonus bet.
• After registering, you have 30 days to place a bet of $10 or more to receive the bonus credits.
• There’s a lot of freedom with this bonus: no market restrictions mean all sports and bet types are on the table.
• This offer currently has no expire date.
• A few things to watch out for: You can’t use the profit boost or cash-out features with the bonus bets. If you do, you’ll forfeit the bonus coupon.
• Lastly, each bonus bet has a shelf life of seven days from issuance. Make sure to use it in that timeframe.
• Payout Speed: Within 24 hours

Comparing this bonus to other Wyoming betting promotions appears as follows:

• Caesars’ bonus has a higher ceiling than both FanDuel’s and DraftKings’. However, it does ask for a heftier deposit and a larger initial risk to unlock.
• A standout feature of Caesars’ bonus is its distribution over four weeks. This setup offers bettors a broader window to make weekly NFL picks. In comparison, you can bet across four NFL weeks with Caesars’ bonus bets. FanDuel and DraftKings give you just one week to use up your bonus credits.

Our comprehensive review of Caesars will cover all the information you need to know about this top-notch sportsbook in WY.

4. BetMGM WY welcome offer 🦁

BetMGM has a unique welcome bonus for Wyoming residents. Instead of the typical “bet and get” promotion, BetMGM offers first bet insurance. If your first qualifying bet loses, you can receive up to $1,500 back in bonus bets. Make sure to use the BetMGM bonus code SBRBONUS when signing up.

This promotion offers a higher dollar value than other WY sportsbooks, but it requires a greater investment of your own money to fully benefit from it. Here is all the information you need to understand it.

• Create a BetMGM Wyoming account and use the promo code SBRBONUS when prompted.
• Deposit at least $10 and make your first bet on any market, with any odds.
• If your first bet wins, you receive no bonus bets.
• If your first bet loses, you’ll get 100% of it back on bonus bets, up to $1,500.
• The bonus bets will be in 20% chunks if your first bet was $50 or more. Otherwise, it will come as a single bonus bet.
• Bonus bets expire in seven days.
• You cannot withdraw bonus bets as cash; only use them to make additional wagers on BetMGM.

Just like all other sportsbooks, BetMGM does not factor in the bonus bet stake amount when calculating the payout for a winning bet.

Here is how the BetMGM welcome offer compares to other sportsbooks in Wyoming:

• The $1,500 maximum bonus blows other bonuses out of the water in terms of total dollar value. For experienced bettors or higher rollers, the four-figure bonus might be especially enticing.
• Your first bet has to lose to take advantage of this bonus. Some bettors may prefer the guaranteed bonus bets offered by other books, which are awarded no matter what.

If you’re still interested in learning more about this fantastic sportsbook option in Wyoming, be sure to check out our comprehensive BetMGM review.

5. Fanatics WY welcome offer 🧢

Fanatics welcomes new customers from WY with five consecutive days of special offers, giving you the opportunity to receive up to $1,000 in bonus bets. Your initial daily bet will be matched with a bonus bet of up to $200. By betting the maximum amount each day, you can accumulate a total of $1,000 in bonus bets to wager with.

If you can’t afford to bet $200 every day, you can still get a matching bonus bet for just $5 a day. This offer is perfect for all types of bettors and you don’t even need a Fanatics promo code to benefit from it.

• Download the Fanatics Underscoreg mobile app and create a new account.
• Make at least a minimum real money deposit.
• Bet at least $5 on any market and receive a matching bonus bet back from Fanatics.
• Maximum daily bonus bet amount is $200.
• Repeat this process for your first five days after registering for a maximum bonus total of $200 x five days = $1,000.
• Opt-in required every day except Day One.
• Bonus bets cannot be withdrawn as cash and expire after seven days.

Take advantage of the bonus bets to place extra wagers on Fanatics. A great feature of this promotion is the flexibility to use the bonus bets in smaller increments of your choosing, rather than being limited to $25 or $100 increments.

Curious about how Fanatics’ welcome offer in Wyoming stacks up against other competing offers? Let’s take a quick look:

• Your bets don’t have to win or lose, giving this bonus an edge on first-bet insurance deals from the likes of Caesars or BetMGM.
• The maximum bonus amount is $1,000, which isn’t the absolute highest in the state.
• DraftKings gives you $150 in bonus bets just for betting $5, while Fanatics requires you to bet $150 to get the same amount.

For a more in-depth understanding, check out our comprehensive review of Fanatics.

How we rate and review WY sports betting promotions

Evaluating sports betting promotions goes beyond just looking at the initial number. It’s important to examine the finer points to determine the actual value of Wyoming sportsbook welcome deals. We’re here to provide insight into these specific details.

Keep in mind that there is no limit to the number of Wyoming sports betting promotions you can take advantage of. By signing up with multiple books and using their welcome bonuses, you can greatly improve your betting strategy and increase your bankroll.

Here are five factors to keep in mind when assessing betting promotions in Wyoming:

Initial investment

Determine the deposit or bet amount required to unlock the bonus. Keep in mind that a higher bonus may require a larger initial investment. While a bonus of $1,000 or more may seem attractive, ensure that you are not risking more than you can afford.

Distribution method

How is the bonus allocated? Is it given all at once or spread out over time? Do you need to wager the entire amount at once or can you divide it into smaller bets? Understanding this information can impact your betting strategy, particularly when focusing on certain events.

Rollover requirements

Before attempting to withdraw bonus funds, ensure that you have completed any necessary playthrough or rollover requirements. Generally, bonus funds must be wagered at least once before cashing out, and deposit matches are typically released gradually. Be cautious of large bonus amounts without understanding all terms and conditions.

Validity period

Consider the validity period of the bonus. Some bonuses have a short lifespan, while others offer a more generous window of time. Pay attention to these expiration dates when planning your bets for certain sports seasons or events. If bonuses expire quickly, you may not be able to use them for the bets you have in mind.

Market restrictions

Ensure that you have a wide variety of options for using your bonus. The top promotions for sports betting in Wyoming give you the flexibility to wager on numerous sports and types of bets, giving you the freedom to decide how to utilize your bonus bets.

Having these tips at your disposal will help you make the most of the sports betting promotions you come across.

Types of Wyoming sports betting bonuses

When looking for Wyoming sportsbook bonus offers for new players, you’ll find a variety of options to suit different betting styles and preferences. Here is a brief overview of the types of bonuses available:

Deposit match bonuses

A deposit match is when a sportsbook matches a percentage of your deposit up to a specific dollar amount. For instance, if a sportsbook offers a 100% deposit match and you deposit $100, they will add an additional $100 to your account.

Terms and conditions will most likely apply, so do not assume you can simply withdraw the matched amount as cash. You will need to meet certain requirements, such as making additional bets, in order to unlock the bonus money. Keep in mind that sportsbooks that offer deposit matches also have a maximum amount they will match.

Bet and get

These are currently very popular. The sportsbook gives you bonus bets after you make a qualifying bet, as the name implies. For instance, a WY sportsbook could have a promotion where you bet $5 and receive $150 in bonus bets, providing you with additional betting opportunities for your initial $5 wager.

One of the benefits of a “bet and get” welcome bonus is that, typically, you can still benefit from the offer even if your qualifying bet does not result in a loss.

First bet insurance

If your initial bet doesn’t go as planned, the sportsbook offers bonus bets as a second chance opportunity. However, these bonus bets cannot be withdrawn right away, requiring you to select additional picks and rely on improved luck.

Referral bonus

Once the welcome bonuses are utilized, additional rewards can still be earned. Many sportsbooks provide a referral bonus, giving you the chance to earn an extra $20 to $75 (on average) by recruiting friends to join.

Simply provide a special sign-up code or download link to your friends. If they use it to create a new account and deposit funds, you’ll receive extra cashback or bonus bets from the sportsbook. Be sure to explore our top choices for sportsbook referral bonuses.

Latest Wyoming sports betting news

Recently, the Wyoming sports betting landscape may have appeared stagnant, but new data from the Wyoming Gaming Commission (WGC) indicates otherwise. In July, there was a significant increase in bets, leading to a nearly doubled tax revenue compared to the previous month.

In July 2023, top players in the state such as DraftKings, BetMGM, FanDuel, and Caesars all showed improved performance compared to the previous year. There is speculation about which sportsbooks will be the next to enter the market in WY. Fanatics started operating in WY in May 2024, and ESPN BET could be the next major player to enter the market.

Latest WY sports betting updates

On June 19, 2024, Fanatics updated its welcome offer in Wyoming to include a maximum of $1,000 in bonus bets spread out over five days, with each day offering a maximum bonus of $200.

On June 6, 2024, FanDuel and DraftKings, two of Wyoming’s top online sportsbooks, update their new customer promotions.

On May 29, 2024, Fanatics debuts in Wyoming as the fifth authorized online sportsbook in the state.

On January 25, 2024, PrizePicks introduces PrizePicks Arena, a new peer-to-peer game, in Wyoming as well as three additional states.

On March 29, 2023, DraftKings launches DK Horse in Wyoming, a new mobile betting app specifically for horse racing, just in time for the upcoming Kentucky Derby.

On August 2, 2022, Caesars launches in Wyoming as the fourth authorized online sportsbook in the state.

On March 10, 2022, FanDuel officially joined the Wyoming market as the third legal sportsbook.

PointsBet obtained a betting license in Wyoming on February 3, 2022, but has not yet launched in the state’s market. The acquisition by Fanatics may have delayed their entry into Wyoming even further.

On September 1, 2021, legal online sports betting was launched in Wyoming, with DraftKings and BetMGM as the only available options on the first day.

Wyoming online sportsbooks

Wyoming currently has five major sportsbooks operating: BetMGM, DraftKings, FanDuel, Fanatics, and Caesars. BetMGM and DraftKings were the first to start on Sep. 1, 2021, with FanDuel joining on March 10, 2022. Caesars launched on Aug. 2, 2022, and Fanatics followed suit on May 29, 2024.

ESPN BET has been approved by the Wyoming Gaming Commission (WGC) but has not yet launched their services.

Wyoming’s sports betting legislation contains an intriguing provision where the state requires a minimum of five sportsbook licenses to be issued. Furthermore, there is no set limit on the number of permits that can be granted, indicating significant potential for expansion in Wyoming’s sports betting industry.

Wyoming online and mobile sportsbooks

Wyoming betting resources

This guide provides a thorough examination of the promotions available for Wyoming sports betting and tips for making the most of them. Remember, betting is not just about the bonuses. To improve your betting abilities and make well-informed choices, be sure to explore these resources before starting to bet.

Explore the variety of sports betting bonuses offered in the United States to gain a comprehensive understanding of the landscape and to determine Wyoming’s position within the national market.

Exploring Wyoming Sports Betting: Dive into the details of betting in Wyoming with a comprehensive look at the state’s market, including regulations and the best sportsbooks available.

Top sportsbooks: For those interested in finding the best of the best in the betting world, this in-depth review of the top betting sites in the state is essential reading.

Wyoming sports teams to bet on

Wyoming does not have any major professional teams, so most residents consider the University of Wyoming Cowboys as their true “hometown team.” Fortunately, Wyoming law permits betting on in-state college teams, with the exception of player props.

Several professional sports teams are located in neighboring states. Colorado is home to the Broncos, Nuggets, Rockies, Avalanche, and Rapids, while Utah boasts the Jazz and Real Salt Lake, both just a short drive from Wyoming’s Southwest corner.

Whether or not you are inclined to wager on a nearby team, Wyoming sportsbooks provide a wide variety of betting options on both domestic and international leagues and games.

Explore the top choices for each of these categories:

Responsible sports betting with Wyoming promos

The Wyoming Gaming Commission (WGC) is responsible for regulating sports betting in Wyoming, ensuring that all betting activities are conducted with integrity and fairness. The WGC oversees the operations of all betting apps to maintain compliance with regulations.

The WGC not only fulfills regulatory responsibilities but also plays a crucial role in advocating for responsible gambling. They work closely with the Wyoming Council on Problem Gambling to offer resources and assistance to individuals dealing with gambling-related issues.

Additionally, the Wyoming Department of Health provides extra resources and programs to support individuals and families affected by problem gambling.

If you need help or additional information, please reach out.

The Wyoming Council on Problem Gambling is committed to providing assistance, resources, and education for individuals facing gambling-related challenges.

The Wyoming Department of Health offers various programs and resources to encourage responsible gambling habits and assist individuals struggling with gambling addiction.

1-800-GAMBLER is the national U.S. gambling helpline.

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