Top 5 Sportsbooks to bet on New Year’s Day Bowl Games

Penn Live
 
Top 5 Sportsbooks to bet on New Year’s Day Bowl Games

New Year’s Day and college football go hand-in-hand. This year, the two biggest games of the season to date take place on the first day of the new calendar year. The day gets started with three early bowl games, before the attention flips to the College Football Playoff in the early evening. By the end of the night, we’ll know the two teams competing for the national championship.

After the New Year’s Day slate of bowl games, there is just one college football game remaining in the entire season. Of course, that’s the national championship game taking place next Monday. We’ll learn the two participants on New Year’s Day. Even though it’s getting late in the season, it’s not too late to take advantage of new promotions and offers available to sports bettors. With the new year now here, these companies are looking to gain your business.

BetMGM sets itself apart from the competition in a variety of different ways. They have diverse betting options such as same-game parlays, alternate lines and special boosts. In addition, they have an abundance of promotional offerings for both new and existing users. On top of all of that, they have a great selection of banking options to help fund and withdraw money to and from your account. BetMGM has been an industry leader amongst sports bettors for decades now, and they’ve transitioned that success into the online world. A recent review by PennLive Staff highlights the fact that BetMGM is a worthwhile option for all serious sports bettors.

For newcomers who are creating a BetMGM Sportsbook account, an enticing opportunity awaits. You can place an initial bet of up to $1,500 with no sweat. Simply input the promo code PENNLIVEMGM during the registration process. In the event that the first wager does not yield a win, a refund in bonus bets is granted. It’s noteworthy that while this promotion type is popular across the industry, BetMGM boasts the industry’s highest cap of $1,500 for this specific type of offer.

The initial offer for new users at Caesars Sportsbook closely resembles the one mentioned earlier for BetMGM. First time users have the opportunity to secure a second chance bet, valued at up to $1,000, if their initial wager doesn’t result in a win. Simply put, if your first bet with Caesars Sportsbook doesn’t go well, they’ll refund it as a bonus bet, with the maximum promotional value capped at $1,000. To activate this promotion, make sure to enter the promo code SLPENN1000 during the registration process.

Caesars Sportsbook is well-known for its outstanding user experience and rewards program. Placing bets through the Caesars Sportsbook app can earn you tangible rewards, such as meals, free play in casinos, or discounted rooms in Las Vegas or other Caesars’ locations. In the most recent PennLive review, Caesars received high praise.

Newcomers to DraftKings Sportsbook who sign up through PennLive have the opportunity to take advantage of one of the more straightforward and generous welcome offers currently available in the industry. By simply creating an account, making a deposit, and placing a minimum wager of $5 on a single event, users can receive $150 in bonus bets once the wager is settled, irrespective of the outcome. It’s important to note that bonus bets come with a seven-day expiration period from the date of issuance and must be wagered at least once before withdrawal.

DraftKings stands out for its generosity in providing daily promotions for existing users, often featuring insurance or bet boosts in the promotions section of their app. Moreover, their app is modern and sleek, even offering live streams of select events. With a diverse array of betting markets and top-notch security, DraftKings earned an impressive 9.7 overall score in the most recent PennLive review.

Since the surge in online sports betting, FanDuel Sportsbook has consistently maintained its position as one of the preferred choices in the industry. Despite facing increased competition, FanDuel remains a vital option for dedicated sports fans and bettors. The allure is heightened by their outstanding mobile app, which makes access to favorable odds and a wide range of betting markets even easier. While the absence of a loyalty program is a drawback, FanDuel still garnered a commendable 9.8 overall score in the latest PennLive review.

For new users registering with FanDuel Sportsbook, there’s an opportunity to enjoy $150 in bonus bets if their initial $5 moneyline wager turns out to be successful. FanDuel offers an appealing 30-to-1 odds on the first moneyline bet, regardless of the actual odds of the game. Even if you bet on the biggest favorite, your wager will still yield $150 in bonus bets from a $5 investment. It’s important to note that winning the initial bet is a prerequisite to claim this FanDuel welcome offer, and bonus bets expire within seven days of being credited to your account.

While BetRivers may not excel in visual aesthetics, it compensates for these shortcomings with unique positive attributes that serious sports bettors can value. Despite its less-than-ideal appearance, BetRivers sets itself apart with impressive daily promotions, a rewarding rewards program, and competitive odds. Although it may lack the name recognition of some other options, you can explore more about BetRivers in its latest review.

For those contemplating the addition of another sportsbook to their choices, BetRivers offers an appealing sign-up incentive for new customers. In the event that your initial wager results in a loss, they promise to refund your first bet as a bonus bet, with a maximum limit of $500. This provides an effective means to alleviate the stress associated with your initial bet. Make sure to apply the promo code SPORTS.

Whether you’re new to registering with a sportsbook or it’s been a while since you last went through the process, it may initially appear a bit confusing or intimidating. However, it’s a relatively straightforward procedure that remains consistently similar across the industry. Simply follow these steps:

  1. Click on any of the redirect links provided on this page to access the sign-up page of your chosen sportsbook.
  2. If necessary, enter a promo code.
  3. Complete all required identification details, including your name, date of birth, and address.
  4. Establish an account using your email address and a secure password.
  5. Download the mobile app for your selected sportsbook, allowing you to place and monitor bets from anywhere.
  6. Fund your account using any available deposit methods.
  7. Place your first wager, ensuring to take note of any minimum and maximum bet requirements for promotions.

At this point, you are officially signed up and ready to start betting and take advantage of the offers!

The football action gets underway early on Monday with three non-CFP bowls. Later in the day, the spotlight belongs to the top four teams in the country as they battle it out for the right to play for the national championship. Before betting on any of the New Year’s Day Games, make sure to check out the college football betting guide which will help you with all of the information you need to make a profit on Monday.

Here are the five bowl games scheduled to take place on New Year’s Day, with betting odds courtesy of DraftKings Sportsbook as of Monday morning. All new users who sign up with DraftKings can claim $150 in bonus bets after placing their first $5 wager.

  • ReliaQuest Bowl (12:00 p.m. EST, ESPN2): Wisconsin (+9) vs. LSU
  • Fiesta Bowl (1:00 p.m. EST, ESPN): Liberty (+18) vs. Oregon
  • Citrus Bowl (1:00 p.m. EST, ABC): Tennessee vs. Iowa (+5.5)
  • Rose Bowl (CFP Semi-Final, 5:00 p.m. EST, ESPN): Alabama (+1.5) vs. Michigan
  • Sugar Bowl (CFP Semi-Final, 8:45 p.m. EST, ESPN): Texas vs. Washington (+4)

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