TOP OREGON SPORTSBOOK PROMOS & BONUSES

1. What Are Oregon Sportsbook Promos?

Oregon sportsbook promos are special offers from licensed sportsbooks that provide extra value potential. These promotions help users get more value from their wagers by offering extra betting credit or protection on their first bets.

• Primarily offered by DraftKings (via the Oregon Lottery) and tribal casino sportsbooks.
• Only available to bettors physically located in Oregon.
• Users must meet age, location, and account verification requirements.
• Include free bets, deposit bonuses, risk-free bets, and enhanced odds.
• Can be converted into profit with matched betting.
  
  

2. What Type of Sportsbook Promos are Available in Oregon?

In Oregon, sports bettors can take advantage of various types of sportsbook promos to enhance their betting experience. These promos include:

1. Free Bets (Bonus Bets): Also known as ‘free bet offers’ or ‘bonus bet offers’, ‘bet x get x’ promos are common in sportsbooks. These involve placing a wager with your own money to earn site credit in the form of a free bet.
   
   For Example:  A ‘Bet $5, Get $150’ offer requires placing a $5 wager to unlock $150 in free bets. This initial wager is called a ‘qualifying bet,’ after which the free bet is credited to your account.
   
   
2. Deposit Bonuses: A deposit bonus means the sportsbook gives you cash or site credit when you deposit into your account.
   
   For Example: A '100% First Deposit Match up to $250' offer means if you deposit $100, you receive an extra $100 for betting, up to a maximum of $250.
   
   
3. Risk Free Bets: Often called ‘no sweat bets’ or ‘second chance bets’, risk-free bets are popular promos from sportsbooks, especially for new users. With a risk-free bet, you place a wager with your own money. If it wins, you get the winnings; if it loses, the sportsbook refunds your stake.
   
   For Example: A sportsbook might offer a risk-free bet up to $500. If your bet loses, you get your stake back, usually as a free bet.
   
   
4. No Deposit Bonuses: A no-deposit bonus, or signup bonus, gives you a bonus just for signing up, without needing to deposit funds.
   
   For Example:  'Sign up and get a $300 no-deposit bonus' means you'll have $300 available in your sportsbook account after registering.
   
   
5. Reload Offers: Reload offers, or ongoing offers, provide matched betting opportunities after you've used your welcome bonuses. Unlike welcome bonuses, they are available long after you sign up.
   
   For Example: Deposit $10 every week for the next 5 weeks and receive a $100 free bet.
   
   
6. Profit Boosts: Profit boosts increase a person's bet profits by a specified percentage.
   
   For Example: With a 50% profit boost, a $100 profit becomes $150.
   
   
7. Odds Boosts (Enhanced Odds): Also known as enhanced odds, price boosts increase the odds on a specific event or market, allowing you to earn more with the same stake.
   
   For Example: 'New York Knicks' odds were -200, now boosted to +100.
   
   

Promo Examples Explained

3. Which Sportsbooks in Oregon Offer Promos?

Several sportsbook companies operating in Oregon offer enticing promotions to attract and retain customers. Here are the top sportsbooks that provide promos:

1. Bovada
2. FanDuel
3. BetOnline
4. BetUS
5. DraftKings
6. OwnersBox
7. Spirit Mountain Casino
8. BetAnySports
9. Boom Fantasy
10. Chinook Winds Casino
11. Everygame
12. Fliff Inc
13. MyBookie
14. Oregon betting laws
15. The Mill Casino
16. Three Rivers Casino Resort
17. Vivid Picks, LLC
18. XBet

Note: Some of the sportsbooks listed operate offshore and may fall outside Oregon’s regulatory scope. It is always best to stick to Oregon-licensed and regulated sportsbooks.

Oregon's Tribal and State Lottery Model

Oregon’s sportsbook market is pretty unique because it operates primarily through the state lottery’s Scoreboard app and tribal casinos. This structure supports local communities and tribal economies, making Oregon’s promos more community-focused than in states dominated by private operators.

4. Focused Sports Betting Promos Without Online Casino Cross-Offers

In many states where both online sports betting and casino gaming are legal, sportsbooks often bundle promotions that cover both sectors. For example, a sportsbook might offer a bonus that can be used on sports bets and online casino games like slots or poker. These combined offers aim to attract a wider range of players but can sometimes confuse bettors who are only interested in sports betting.

However, Oregon’s sports betting market is quite different. Since the state does not currently regulate online casinos alongside sports betting, the promotional offers available focus exclusively on sports wagering. This means bettors in Oregon receive clear, straightforward sportsbook promos such as free bets, deposit matches, or risk-free bets that apply only to sports markets.

Just in case you're planning a road trip to a state where casino gambling is legal and active, here are some Casino Reviews and Casino Promos from ProfitDuel's team of experts.

5. When was Sports Betting Legalized in Oregon?

Sports betting was legalized in Oregon in 2019. This allowed residents and visitors within the state to engage in legal sports betting activities.

Since then, the industry has grown, with sportsbooks operating both online and in-person, with the number of players increasing by 43% from 2022 to 2023.

6. Who Can Access Oregon Sportsbook Promo?

Anyone within the borders of Oregon can access and earn money from Oregon's sportsbook promos. It's important to note that you do not have to be a resident of Oregon to claim these promos.

This rule applies to all U.S. states where online sports betting is legal. As long as you are physically located within Oregon or another eligible state, you can take advantage of the available promotions.

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What The Data Says

"In 2024, Oregon sports bettors wagered a record $81.7 million in October alone, with 71,000 people placing bets in September, marking a 22% month-over-month increase and signaling rapid public adoption of mobile sports betting."

- Oregon Sports News

7. Which States Close to Oregon Offer Sportsbook Promos?

While Oregon offers sportsbook promos to its residents and visitors, several neighboring states also provide similar opportunities. The closest states to Oregon that offer sportsbook promos are:

1. Nevada
2. Colorado
3. Arizona
4. Wyoming
5. Kansas

8. What are Oregon Sportsbook Promo T&Cs?

When participating in Oregon sportsbook promos, it's essential to be aware of the terms and conditions (T&Cs) associated with these offers. Here are 10 common T&Cs you may come across:

1. Minimum deposit requirements: Some promos require a minimum deposit to be eligible.
   
   
2. Wagering requirements: Bonus funds may need to be wagered a certain number of times before they can be withdrawn.
   
   
3. Expiration dates: Promotions often have an expiration date, and unused bonuses may be forfeited after that date.
   
   
4. Eligible sports or events: Certain promos may only apply to specific sports or events.
   
   
5. Odds restrictions: Some promos may have minimum odds requirements for qualifying bets.
   
   
6. Maximum bet limits: There may be a maximum bet limit when using bonus funds.
   
   
7. Payment method restrictions: Certain payment methods may be excluded from qualifying for promos.
   
   
8. Country or state restrictions: Promos may only be available to residents of specific countries or states.
   
   
9. One-time use: Some promos can only be claimed once per user or household.
   
   
10. Additional terms: Always read the full T&Cs of each promo for any additional requirements or restrictions.

9. What Sports Betting Resources are Popular in Oregon?

In Oregon, sports bettors have access to various popular resources for sports betting news and advice. Some of the most popular resources in the state include:

• Oregon Sports Action: This website provides comprehensive coverage of sports betting news, including analysis, expert predictions, and valuable insights.
  
  
• The Oregonian: As a trusted local news source, The Oregonian offers sports betting articles, tips, and information on the latest promotions.
  
  
• Oregon Live: Oregon Live is a news resource including local sports news and sports betting information.
  
  
• Local sports radio shows: Many local sports radio shows in Oregon discuss sports betting and provide tips and analysis for bettors.
  
  
• Online sports betting forums: Online forums dedicated to sports betting are a popular resource for sharing tips, strategies, and discussing sportsbook promos.

• ProfitDuel: The US's number 1 resource for finding, ranking and helping convert sportsbook promos into cash, every Oregon-based sports bettor can benefit from ProfitDuel's industry-leading software. 
  
  

10. How Do We Rate and Review Oregon Promos & Bonuses?

Our team of sports betting experts have racked up decades of experience sourcing and converting sportsbook promos across the US and Europe. Using their industry know-how and the latest promo comparison software, they analyze, rate and rank the top bonuses in each state so you don't have to.

💬
What Our Experts Say

"Oregon’s embrace of legal sports betting has transformed passive fans into active participants, fundamentally changing how people engage with live sports, from the Moda Center to mobile apps."

- Monika Kazimierczak, Sports & Matched Betting Expert at ProfitDuel

Six of the most important factors they consider when rating promos are: 

• Maximum Bonus Value: While higher amounts are appealing, bigger isn't always better, as larger bonuses can be more difficult to obtain.
  
  
• Personal Investment: Most bonuses require a minimum deposit or wager to activate.
  
  
• Ease Of Use: In most cases bonuses are pretty easy to claim - often requiring a small deposit to unlock. However, some promos have slightly more complex rules.
  
  
• Playthrough Requirements & Odds Restrictions: Typically, bonuses cannot be immediately withdrawn as cash; you must wager the bonus amount a certain number of times first.
  
  
• Bonus Expiry Date: It's important to know how long you have to use the bonus funds and whether that timeframe is sufficient.
  
  
• Additional Perks: Some bonuses include extra rewards points or bonus spins at the sportsbook's casino.

However, whilst we'll do everything possible to share with you the best sportsbook promos in your state every month, it's important to also remember the risks that can come with these bonuses. 

11. Are There Any Risks Attached to Sportsbook Promos in Oregon?

While claiming sportsbook promos can be a great way to maximize your betting profits in Oregon, it's crucial to be aware of their potential risks.

Four of the most notable risks attached to promo offers are: 

• No Guaranteed Winnings: Whether it's a $150 free bet, a $1,000 risk free bet or a 50% deposit bonus, if you place your bonus credit on a losing bet you will still come away with no more cash than when you started.  
  
  
• Risk of Losing Money: One of the most common ways bettors lose money through promos is through risk free bets. Let's say you're gifted a $500 risk free bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a free bet). Place this free bet on the losing side and you've just lost $500 to the sportsbook. 
  
  
• Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
  
  
• Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.
  
  

Common Risks at a Glance

But it isn't all doom and gloom. There is one way you can turn promos into profit.

Sound too good to be true? Read the next section. 

12. How to Maximize Profit from Sportsbook Promos & Bonuses

While it's true risks can arise when claiming sportsbook promos, one clever technique exists that can help you bank profits.

Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into cash.

Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes, so no matter who wins, you win. Repeat this process using your new promo and voila! You've locked in a profit. 

And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal. 

That's where we come in.

At ProfitDuel we have over 10 years' experience in the matched betting industry. In that time we've provided the software, strategies and one-to-one support to help 500,000+ members in the US & Europe earn profits each month. 

To learn how you could join them, read the 5 simple steps in our free guide to converting sportsbook promos. Done that and want to try promo conversion yourself? Sign up to ProfitDuel with our limited time offer: $1 for a 7-day trial of ProfitDuel premium!

Quickfire Oregon Sportsbook Promo FAQs

Is sports betting legal in Oregon?
Yes, sports betting is legal in Oregon. Online sports betting is operated through the Oregon Lottery, with DraftKings serving as the exclusive online sportsbook provider.

Can I place bets on college sports in Oregon?
Online betting on college sports is prohibited through the Oregon Lottery's DraftKings platform. However, tribal casinos in Oregon are permitted to offer college sports betting.

Do I have to be physically located in Oregon to claim sportsbook promos?
You do. Sportsbooks use geolocation software to verify your location so you must physically be in Oregon to legally place bets and redeem promotional offers.

What is the legal age for sports betting in Oregon?
You must be at least 21 years old to legally place sports bets in Oregon. 

Do I need to be a resident of Oregon to bet online?
No, you do not need to be a resident. However, you must be physically located within Oregon's borders to place online sports bets.

How do I claim a sportsbook promotion in Oregon?
To claim a promotion, you typically need to register with the sportsbook, make a qualifying deposit or bet, and meet any specified requirements. Details are provided in each promotion's terms and conditions.

Are matched betting strategies legal and effective in Oregon?
Matched betting is legal in Oregon and is a fantastic way to convert free bets and promotional offers into real profits with minimal risk. It’s a smart way to minimize risk and maximize value.

Are sportsbook promotions taxed in Oregon?
Yes, winnings from sportsbook promotions are considered taxable income in Oregon. It's advisable to keep records of your betting activities for tax reporting purposes.

Can I use promo codes for sportsbook bonuses in Oregon?
Some promotions may require the use of promo codes, while others apply automatically. Check the promotion details to determine if a code is needed.