Copa America is an ongoing soccer tournament among North and South American national soccer squads to crown a champion. You’ll find group stage action on Thursday night, including the United States taking on Panama in the hopes of notching another win towards winning Group C and advancing to the knockout round.

There are many different markets or ways to bet on Copa America action among top sports betting apps. If you’re new to certain sportsbooks, you can even find welcome promos upon sign-up as a new customer.

FanDuel is one of my favorites on this list where a $10 deposit and $5 bet on anything earns $150 in bonus bets if your first bet wins.

Here is the complete list of welcome promos from major sportsbooks that can be activated via a first bet on Copa America or any other sports you prefer.

1. FanDuel

FanDuel promo code: no code necessary

FanDuel is widely available in 22 legal sports betting states. You can find the national promo mentioned above in 20 states while Massachusetts and Ohio can find an enhanced version of the promo.

Bet $5, Get $150 if your first bet wins + daily boosts/bonus

You’ll need at least a $10 deposit and $5 bet on any type of bet you prefer within FanDuel. Next, the promo plays out depending on how your bet settles.

Let’s say I grab the United States -270 to win outright against Panama. While this doesn’t provide the biggest payout, it has a statistically-high chance of winning which is required to earn the bonus.

• Win — A win profits cash, returns your stake and provides the $150 of bonus bets within 72 hours
• Miss — This is treated like a typical losing bet within a sportsbook and your stake goes to the house

The FanDuel bonus bets are treated like currency that can be used within the app but cannot be withdrawn since they aren’t cash. You can use them to fund wagers for potential cash if the bet hits.

Bet $5, Get $300 if your first bet wins (Mass. & Ohio)

This promo is nearly identical to the national FanDuel offer and the fundamentals of the promo are the same. The key difference for new Massachusetts and Ohio bettors is that a winning $5 bet earns $300 in bonus bets rather than $150 in most states.

2. DraftKings

DraftKings promo code: no code necessary

Bet $5, Get $150 in instant bonus bets (AZ, CO, CT, IN, KS, KY, MA, MD, ME, NY, TN, VA, WV)

DraftKings provides one of the easiest first bet offers around that only requires a new account, a $5 deposit and wager to get started. After submitting your $5 wager, you instantly earn $150 in bonus bets.

Next, depending on the bet outcome, you can also profit cash if your bet hits. Since there is no market or odds requirement, you can pick a favorite for a better chance at winning and therefore lowering the upfront cost of the promo.

Using the same bet from the FanDuel example, this means a $5 deposit and wager on the U.S. -270 earns $150 in bonus bets right after submitting the bet. Then, if the United States does win, you would also profit $1.85 and keep your $5 stake meaning your account would show $150 in bonus bets and $6.85 in cash.

You’ll have seven days to use the bonus funds within the DraftKings mobile app for a chance to convert the bonus bets to cash through a winning bet.

Bet $5, Get $300 in instant bonus bets ( IA, IL, LA, MI, NC, NJ, OH, PA, VT, WY)

DraftKings recently split its welcome promos among locations and this promo works the exact same as the one mentioned above. The only difference is the states listed above earn $300 in instant bonus bets from the $5 deposit and wager.

Just like the other offer, you’ll have seven days to use the bonus funds throughout the platform to potentially earn cash.

3. BetMGM

BetMGM bonus code: SHNEWS1600 or HANDLETOP

BetMGM is the first sportsbook on our list that provides the choice between two offers upon sign-up as a new customer. However, while most states qualify, New York is excluded from both promos.

SHNEWS1600 – 20% deposit match

This is one of the only deposit match offers currently available among top sports betting sites.  You’ll need at least a $10 deposit to start triggering the sports bonus; however, it’s entirely up to you on how much to deposit as long as you meet the minimum threshold of $10.

After depositing and earning the bonus, you’ll need to meet a wagering requirement that’s 10x the bonus earned within 30 days. For example, a $200 deposit that earns $40 in bonus would require $400 in total cash bets in the time frame in order to access any cash winnings in your account.

HANDLETOP – $1.5K first bet insurance

You’ll find many first bet insurance offers on this page. However, BetMGM has the highest value coverage at $1,500 and only requires a $10 deposit and cash bet to get started.

Imagine I placed $200 on Uruguay and Bolivia to draw at +600. Here’s how the first bet insurance would work:

• A win would profit $1,200 and return my $200 stake. My account would now have $1,400 in cash that can be used on other wagers or withdrawn.
• A miss would be reimbursed with $200 of bonus bets

BetMGM deposits the bonus bets based on the size of your missed stake:

$50 or less — BetMGM deposits the bonus bets in a single chunk to use

$51 or more — BetMGM sends five payments of bonus bets to equal whatever your stake was up to $1,500

4. bet365

bet365 bonus code: SHNEWS (valid for both offers)

You can use the bonus code SHNEWS to activate one of the following promos in these bet365 states: Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, North Carolina, New Jersey, Ohio and Virginia.

$1,000 First Bet Safety Net

bet365 offers another first bet insurance up to $1,000 in bonus bets. While it isn’t the highest value first bet insurance, bet365 is a fan favorite with user interface, competitive odds and the speed of bonus bet deposits.

First, if your bet misses, bonus bets hit your account within an hour of bet settlement. This is the fastest bonus bet turnaround you’ll find among the books on this page.

Just like FanDuel, these bonus bets are not deposited in chunks but rather like currency. That means they can be split however you prefer across multiple wagers at a chance for cash.

Bet $5, Get $150

Meanwhile, this bet/get promo can be extremely high value but comes with a few requirements. You’ll need a new account with the bonus code SHNEWS, a minimum $10 deposit and at least $5 on -500 or greater odds.

This means a large favorite such as Uruguay -600 to win outright vs. Bolivia wouldn’t be eligible while the United States -270 over Panama is fine. However, you aren’t limited to moneylines so you can find another market with odds that qualify.

No matter how the bet settles, the $150 in bonus bets hits your account within an hour. The bonus funds work the same as the safety net and are valid to use within bet365 for up to seven days.

5. ESPN BET

ESPN BET promo code: SHNEWS

ESPN BET, from media giant ESPN, is a slick betting app that has quickly expanded its platform to 18 states. Just like many on this list, ESPN BET provides a $1,000 first bet insurance for new customers in any location.

You’ll need a new account, manually apply the promo code SHNEWS (required by ESPN BET), a minimum $10 deposit and a cash bet of any size. A win profits cash while a loss is reimbursed via bonus bets to use within seven days.

Why choose ESPN BET over some other $1K insurances on this list?

It is offered in more states than bet365 and provides some exceptional pricing, markets and live betting which stand out over some other platforms on this page.

6. Fanatics Sportsbook

Fanatics Sportsbook promo code: no code necessary

The Fanatics Sportsbook promos are unique and you’ll find the national offer across 20 states while Ohio users will find a different promo.

$200 daily bonus bet match for five straight days

You’ll need to opt-in in your account settings each day and place a bet of any size on -200 or greater odds, such as a +135 anytime goal scorer or +360 draw between soccer teams. No matter how the bet settles, you earn a bonus bet match up to a maximum $200 on that particular day.

Each day works the same, starting with the account opt-in and the first bet following the odds restriction. It’s entirely up to you on how much to wager and you can profit some cash along the way if your bets hit.

It’s OK to skip a day of betting with no penalty or forfeiting any bonus bets earned. If you skip a day, it just means you can’t earn bonus bets on that particular day.

Bet and get up to $1,000 in bonus bets over 10 days (Ohio)

The Ohio offer is structured the same with a longer time of 10 days vs. five days. Additionally, the Ohio offer only matches up to $100 in bonus bets per day vs. $200 in all other locations so both offers equal a maximum value of $1,000 over the time period.

Everything else is the same between the two promos: The daily opt-in in your account followed by a bet of any size on -200 or greater odds to earn the daily bonus bet match.

7. Caesars Sportsbook

Caesars Sportsbook promo code: HANDLENEWS1000

We round out the list with one more first bet insurance. Caesars requires a new account along with a minimum $10 deposit and wager.

The mechanics of this promo works the same as the other first bet insurances on this list. However, the bonus bet payout differs a bit.

You can earn a single bonus bet chunk that equals your stake loss; however, this bonus bet chunk cannot be split across multiple wagers. So, if I wager $500 and lose, earning a $500 bonus bet chunk, I must use the bonus bet on a $500 wager.

The good news is you’ll have 14 days to decide on how to use the bonus bet chunk, should your first bet miss. Otherwise, if you won the first bet, you have cash in your account that can be withdrawn or used across other wagers on the Caesars platform.

Honorable Mentions

Here are two alternate options which provide the betting options of a sportsbook while being available in more states than the sportsbooks mentioned above.

Thrillzz Social Sportsbook

Thrillzz Sportsbook promo code: HANDLE

100% deposit match up to $25 in Sweeps Coins + free coins with your purchase

How is a social sportsbook different from a traditional sportsbook?

The big difference between these books and classic sportsbooks is you use the platform’s currency to place wagers and have the chance to withdraw cash if the bet wins.

An example is I make a deposit using cash to earn Sweeps Coins. I then use the Sweeps Coins to fund my wagers such as a moneyline, player prop or O/U. If I win wagers, I earn tickets that can then be converted back to cash to withdraw.

Additionally, since Thrillzz doesn’t use actual cash wagers, it is available in more locations such as Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Kansas, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin and Wyoming.

Rebet Social Sportsbook

Rebet Sportsbook promo code: HANDLE

100% deposit match up to $100 in bonus

Similarly, Rebet can be found in many states such as Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming.

Rebet works just like Thrillzz where you deposit cash to access currency on the platform. You then use those funds to place bets where the winnings can be converted to cash.