ClutchBet has one of the largest welcome offers in the industry, giving new users a chance to earn up to $250 in bonus bets.

To claim the offer, new customers must register for ClutchBet and create a new account. Make sure to use the promo code CLUTCH250 when signing up.

Once your account is set up and you’ve made a deposit, bet at least $10 with your first cash wager. You can bet on any market (excluding odds boosts), but there is a minimum odds requirement of -200. A bet with -190 odds is eligible for the promotion, but a bet with -210 odds isn’t.

You’ll receive 100% of your first wager in bonus bets, up to $250. Your reward will be broken down into five bonus bets. You’ll receive one bonus bet (worth 20%) instantly, then one bonus bet per week for the next four weeks.

For example, say you wager $100 with your first bet. You’ll instantly receive a $20 bonus bet, followed by a $20 bonus bet every week for the next four weeks until you’ve received five $20 bonus bets ($100 total).

Bonus bets are non-withdrawable and are valid for seven days. They can be used on any market and have a -200 minimum odds requirement.

This promotion is available for new customers aged 21+ in CO, IA and LA. The promotion period runs from Feb. 1 to Dec. 31, 2025.