Indiana, the land of high school hoops, the Indy 500, and the glorious golden arm of Peyton Manning. With such a legendary sporting legacy, it’s no wonder that the Hoosier State has quickly become a haven for Midwestern sports betting.
Top 10 Indiana Free Bet Promo Codes in 2025
Best Free Bet Promotions in Indiana
You know what’s better than winning bets? Winning free bets.
To help you find the best Indiana free bets around, we’ve put together a list of the top options in the state from our favorite and most reliable sportsbooks.
Don’t be afraid to scroll all the way to the end if you don’t find something you like at the top of our rankings. Each Indiana sportsbook app has unique qualities to help them stand out from the crowd like Reggie Miller against the Knicks.
FanDuel
FanDuel knows how to make sports betting even more exciting with its amazing free bet bonuses. As soon as you sign up, they hit you with a welcome offer that’s hard to resist. You’ll receive free bets worth 10 times the value of your initial deposit, up to a whopping $200.
But the freebies don’t stop there. FanDuel keeps the fun going with unique promotions that dish out free bets for betting on specific sports and participating in free to play daily perfect picks.
DraftKings
As a new user at DraftKings, you can score a fantastic free bet bonus worth 20% of your initial deposit, up to a massive $1,000! Just keep in mind that this bonus comes with a 5x rollover requirement, so be sure to make an initial investment that you’re comfortable with.
That’s not all! DraftKings also offers free to play pools where you can test your sports knowledge and make predictions on major sporting events and leagues. Compete against other users for a chance to win a share of prize pools worth tens of thousands of dollars.
BetMGM
New customers in eligible states can receive up to $1,500 in bonus bets back equal to the stake if their first bet loses. To be eligible for this promotion, deposit a minimum of $10.
Moreover, they spice things up with their Multi-Sport Missions, rewarding you with $50 in free bets for exploring different sports and unleashing your betting skills. And if you’re a live betting enthusiast, get ready for an extra treat – a $10 free bet just for placing at least $100 on live bets.
Caesars Sportsbook
Want an incredible free bet experience with Caesars Sportsbook in Indiana? You got it! They offer one of our favorite free bet welcome bonuses in the industry—a monstrous $1,250 risk-free first bet.
Caesars also rewards you with thousands of points towards their cutting-edge rewards program, where you can unlock exclusive perks and benefits. Plus, as an added bonus, you can enjoy their integrated NFL live streaming, bringing you closer to the action like never before.
BetRivers
New users at BetRivers will love their $500 risk-free welcome bonus for one particular reason: the power of time. What sets this welcome bonus apart is the extended 30-day expiration date, ensuring that you have plenty of time to strategize and find the perfect bet.
And that’s just the beginning! With BetRivers’ exclusive iRush rewards program, you’ll earn free bets, snag awesome custom merch, receive birthday surprises, and unlock a world of VIP perks.
PointsBet
When it comes to free bet bonuses, PointsBet goes above and beyond to make your betting experience truly rewarding.
Their welcome bonus is a standout feature, giving new customers the chance to claim up to $500 in free bets over their first five days on the site. Imagine having 10 opportunities to hit your first five bets with a $100 risk-free wager each day.
PointsBet also offers booster tokens, which allow you to take control of your odds. Increase the potential payout of any bet you choose, adding an extra layer of thrill to your wagering strategy. Whether you’re looking for a boost on a favorite team or a long-shot underdog, tokens provide flexibility and customization that you’ll love.
WynnBET
When it comes to free bet bonuses, WynnBET knows how to make a splash. As a new customer, you’ll be greeted with a generous $100 free bet after signing up and placing a minimum bet of $20. It’s a fantastic way to get your betting journey off to a winning start.
WynnBET also stands out with its array of unique promotions tailored to popular sports. Whether you’re a fan of football, basketball, baseball, or any other major sport, you can expect this sportsbook to offer exciting and enticing promos that will appeal to any Indiana bettor.
Barstool Sportsbook
Barstool Sportsbook stands out with its abundance of distinctive and specific free bet promotions. Thanks to their partnerships with famous Barstool media personalities, you can expect to find tailored free bet offers that you won’t find on other sites.
From special event promotions to exclusive boosts, Barstool keeps the promotions fresh and exciting. Since these promotions are constantly changing, the best way to stay updated is by signing up with Barstool Sportsbook and seeing what crazy parlay they’ve cooked up for the day.
Unibet
Unibet is a standout sportsbook when it comes to their free bet bonuses. New customers get a lavish $500 risk-free bet welcome bonus. What makes Unibet even more appealing is their remarkably lenient 1x rollover requirement, giving you a smoother path to turning your bonus into real cash.
Wait! Wait! Unibet’s not done. They also have an exciting promotion for live betting enthusiasts. Place five or more live bets in a week, and you’ll unlock a nice little $10 free bet.
Betway
While Betway may have a lower maximum value for risk-free bets, their favorable minimum odds requirement and enhanced soccer parlays make them a compelling choice.
Although their risk-free bet maximum value is set at $250, their -300 minimum required odds make up for it. This means you have more flexibility in choosing your wagers without being limited to heavy favorites.
Betway also excels in boosting your winnings on soccer parlays, with the potential for boosted payouts of up to 40%.
What is a Free Bet?
A free bet, also known as a free play, is a type of bonus offered by bookmakers that give customers a free wager after completing some specific requirements.
Betting sites offer free bets to attract new customers and encourage them to try their platform. It’s a promotional tool aimed at giving you a taste of the betting experience without the financial risk.
By providing a free bet, bookmakers hope to showcase their sportsbook and convince bettors to continue using their services.
Below, we’ll go over some of the popular types of free bets Indiana sports betting buffs can receive.
What Types of Free Bets Can Indiana Bettors Get?
Indiana bettors can help themselves to a diverse platter of free bet promo codes across a number of different sports. From no deposit welcome bonuses to loyalty programs, let’s go through all the most popular types of free bets in the Hoosier State.
No Deposit Bonus
A no deposit bonus is a type of promotion offered by bookmakers where bettors can receive a bonus without having to make a deposit. This is considered the holy grail of sports bonuses and is usually only found on casino sites or for major events such as the Olympics.
Unfortunately, online casinos are not legal in Indiana. But, that doesn’t mean you won’t find other bonuses that translate to free bets at legal betting sites in the state – like the ones we mentioned on our list above.
Matched Bet
A matched bet is a type of bonus where the bookmaker matches the amount of your initial bet with a free bet of equal value. For example, if you place a $50 bet, the bookmaker will give you a $50 free bet.
When signing up for matched bets, always watch out for sneaky rollover requirements. The bigger the rollover, the longer it’ll take for you to be able to collect your sweet bonus funds.
Risk-Free Bet
A form of welcome bonus almost as popular in Indiana as Larry Bird, a risk-free bet is a promotion where the bookmaker refunds your stake if your bet loses.
If you place a risk-free bet and it loses, the sportsbook will credit your account with a free bet equal to the amount you wagered. It provides a safety net for your initial bet and allows you to take more calculated risks.
Loyalty Programs
Many sportsbooks offer loyalty programs that reward bettors for their continued activity. These programs typically involve earning points or tier levels based on the number of bets placed or the total money wagered.
As you progress through the loyalty program, you can unlock various benefits, including free bets, exclusive promotions, cash back offers, and personalized rewards.
Are Free Bets Bonuses Legal in Indiana?
Unlike online casinos, free bet bonuses are very much legal in Indiana. Sports betting was legalized in the state in 2019, allowing residents and visitors to engage in online sports betting activities. To participate in free bet promotions, bettors must be at least 21 years old.
And one huge advantage Indiana bettors have is the ability to wager on in-state schools. Hoosier, Boilermaker, and yes, even Sycamore fans are sure to love this one.
Indiana Free Bets Frequently Asked Questions
If you like to wait to the end to ask questions like Reggie Miller does with scoring, then check out our FAQ section below for any last-minute answers.
What Sportsbooks Offer the Best Free Bets in Indiana?
FanDuel, DraftKings, BetMGM, and PointsBet are among the top options known for their generous free bet promotions. These sites offer some great free options, as well as excellent overall reliability.
Can You Get Free Bets at Indiana Sportsbooks?
Duh! That’s why we’re here, to ensure you know everything about the free bets available in the Hoosier State. All popular and safe sportsbooks in Indiana offer free bets either as a welcome bonus, through a loyalty program or as a unique promotion on specific sports.
What Type of Risk-Free Bets are Available at Indiana Sportsbooks?
Indiana sportsbooks provide various types of risk-free bets. These promotions typically involve placing a bet with your own funds, and if the bet loses, you will receive a refund in the form of free bet credits. The refunded amount can be used to place additional bets, giving you a second chance to win no questions asked.