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Mike Tyson vs. Jake Paul: Best sportsbook promos and bonuses
A look at some of the best new user promos available ahead of the fight between Mike Tyson and Jake Paul
For most of our lives, Mike Tyson has been viewed as one of the scariest and most ferocious men to ever live. At the same time, Jake Paul was viewed as one of the biggest names in the YouTube community for posting funny prank videos. Fast forward a few years, and the men are set to face off in a heavyweight boxing match, which will be shown live on Netflix. Of course, it’s Paul who’s the sizable -250 favorite to win at BetMGM Sportsbook.
Tyson is now 58 years old, while Paul is still in his athletic prime at 27 years old. Tyson last had a competitive fight in 2005, though he has participated in a few exhibitions since. He’s already had to postpone this fight once due to a medical concern with an ulcer. Paul has boxed 11 times since 2020, posting a 10-1 record with seven knockouts.
Today, we’re taking a look at six of the leading sportsbooks in the online betting landscape in anticipation of the upcoming fight. We’ll compare their welcome offers and highlight which platforms provide the best value for new bettors. All of these sportsbooks are reliable and tested options, so if you’re considering adding one to your rolodex, you can’t go wrong with any of them.
Top Sportsbook Promos
Below is a table with six of the nation’s top sportsbooks and their current sign-up offers available to new users:
| Sportsbook | Promo | Promo Code |
|---|---|---|
| BetMGM | Up to $1,500 back in bonus bets if first wager loses | CBSSPORTS |
| FanDuel | Bet $5, Get $150 in bonus bets AND 3 months of NBA League Pass if first wager wins | |
| Caesars | Up to $1,000 back in bonus bets if first wager doesn’t win | CBS1000 |
| DraftKings | Bet $5, Get $200 in bonus bets | |
| bet365 | Choice between: Bet $5, get $200 in bonus bets OR up to $1,000 back in bonus bets if first wager loses | CBSBET365 |
| Fanatics | Up to $100 bonus bets per day for ten days |
BetMGM Sportsbook
BetMGM gives new users a chance to bet with confidence on their first wager. To claim the sign-up offer, register with the promo code CBSSPORTS, deposit at least $10, and place your first bet. If your bet wins, you keep the profits, and the promotion ends. If it loses, you’ll receive bonus bets equal to your wager, up to $1,500.
This offer is only valid for the first bet on a new account. Bonus bets must be used within seven days and have no cash value until they are wagered at least once.
FanDuel Sportsbook
FanDuel is offering new users a bet-and-get promotion with an additional twist . To participate, deposit $5 and place a minimum $5 bet on your first wager, no matter the market. After your bet settles, FanDuel will give you $150 in bonus bets to use within the next week—provided your first bet wins.
What’s more, you’ll also receive three months of NBA League Pass, allowing you to watch live out-of-market NBA games on your smartphone, tablet, or app. You’ll receive this part of the promotion regardless of it your first bet wins or loses.
Bonus bets are valid for seven days and cannot be redeemed for cash. You must wager the bonus bets at least once to convert them into a cash balance, and the stake from the bonus bets does not count toward any payout. League Pass will automatically renew after three months, but you can cancel at any time before the renewal.
Caesars Sportsbook
Caesars’ sign-up offer is similar to BetMGM’s, though the maximum bonus is slightly lower. New users can receive up to $1,000 in a bonus bet if their first wager doesn’t win. To claim this offer, simply sign up using the promo code CBS1000.
A minimum deposit of $10 is required to qualify, and users can place a bet up to $1,000 on any sport. If the bet loses, Caesars will issue a bonus bet equal to the original wager amount. Bonus bet must be used within 14 days and cannot be split across multiple bets. If your first bet wins, no bonus bets will be awarded.
DraftKings Sportsbook
DraftKings Sportsbook is offering new users the chance to receive a total of $200 in bonus bets. To qualify, register and deposit at least $5, then place a wager of $5 or more on any market. Once your bet settles, DraftKings will credit your account with eight $25 bonus bets, regardless of whether your initial bet wins or loses.
These bonus bets can be used on any sport or market, but they must be used within seven days and are valid for a single use. To convert them into withdrawable funds, you must wager the bonus bets at least once. The stake from the bonus bets does not count toward any winnings.
bet365 Sportsbook
Bet365 offers new users the choice between two promotions, allowing them to select the one that best suits their needs. Users can either opt for a first-bet safety net of up to $1,000 or choose the “bet and get” promotion, where a $5 wager earns $150 in bonus bets. To claim either offer, sign up using the promo code CBSBET365 and make a minimum deposit of $10.
If you choose the first-bet safety net, Bet365 will issue a bonus bet equal to the amount of your original wager, up to $1,000, if it loses. This offer applies only to your first bet. Alternatively, with the bet-and-get option, you’ll need to place a minimum $5 wager on any bet with odds of -500 or greater. Note that all bonus bets are non-withdrawable and must be used within seven days.
Fanatics Sportsbook
Fanatics has rolled out a unique welcome promotion, setting itself apart from other sportsbooks. New users can earn up to $100 in “no sweat bets” every day for ten consecutive days. Each day, Fanatics will match the stake of your first bet (with odds of -200 or higher) up to $100, but only if that bet loses. Users can achieve the maximum of $1,000 in “no sweat bets” by placing (and losing) a $100 bet in each of their first 10 days, but the first don’t need to be $100. That’s just the maximum that can be returned as a “no sweat bet”
To participate, users must opt in each day and place a minimum $5 bet. A minimum deposit of $10 is also required. Remember, “no sweat bets” expire after seven days and must be wagered at least once before any withdrawals can be made.
Betting on Tyson vs. Paul
The top sportsbook promotions for the Mike Tyson and Jake Paul fight include welcome offers from top sportsbooks such as BetMGM, FanDuel Sportsbook, and Caesars Sportsbook.
It’s worth noting that not all states will be accepting wagers on the fight due to its classification as an exhibition. The New York State Gaming Commission said generally, that exhibition events between non-professional athletes are not permitted for wagering.
New York is among one of at least six states that will not permit betting on the event. Pennsylvania, Colorado, Louisiana, Kentucky, and Vermont will also not accept wagers. There’s a chance that list grows even more before Friday’s fight.
With that being said, the majority of states will be accepting wagers on this fight. Check out any of the mentioned sportsbooks for a solid welcome offer if you’re looking to bet on the tilt.