It's Week 16 in the NFL, and the playoffs are fast approaching. The post-season picture is becoming clearer by the day, and divisional races are heating up. Numerous NFL sportsbook promos are available to boost your betting on NFL Week 16 action.

Best NFL Sportsbook Promos for NFL Week 16

Here's a list of the best NFL sportsbook offers for Week 16, how much they offer in bonus bets, and a link to claim them:

SportsbookPromo CodeBonus DetailsSign Up
BetMGMSFAPLAYFirst bet protection up to $1,500Claim Offer
Bet365SFA365$1,000 safety net (or) bet $5, get $150Claim Offer
CaesarsSFA1000First bet insurance up to $1,000Claim Offer
DraftKingsNo CodeBet $5 and get $150 in bonus betsClaim Offer
Hard Rock BetNo CodeUp to $100 back if first bet losesClaim Offer

The NFL Week 16 offers above for BetMGM, Bet365, Caesars, and Hard Rock Bet are similar. If you lose your first bet, the sportsbook matches it 100% in bonus bets (up to a certain amount). BetMGM, Bet365, and Caesars Sportsbook have the highest potential bonus amounts at $1,500 and $1,000, respectively. Hard Rock Bet has the lowest at just $100.

Bet365 also offers a bet $5 and receive $100 promo, and Caesars has a double your winnings offer on your first 10 wagers. The DraftKings sign-up offer is a bet $5 and get $150 promo. However, in order to receive the bonus, your first bet must win.

BetMGM Bonus Code for $1,500 in bonus bets.

Top NFL Week 16 Betting Offers for New Players

Here are more details on each NFL Week 16 promo and how to sign up and use the promo code:

SportsbookWelcome Bonus
BetMGM$1,500 back if first bet loses
Bet365Bet $5 and get $150 (or) $1,000 first bet safety net
Caesars$1,000 first bet insurane (or) Double Winnings on First 10 Bets
DraftKingsBet $5 and get $150 if first bet wins
Hard Rock Bet$100 back if first bet loses

1. BetMGM NFL Week 16 Promo: $1,500 First Bet Insurance

New customers at BetMGM can use the bonus code SFAPLAY to secure first bet insurance of up to $1,500. For example, on Sunday, you could bet $850 on the Washington Commanders to cover against the Philadelphia Eagles (-11). If they don't cover the spread, BetMGM will refund your initial wager of $850 with bonus bets credited to your account.

—  CLAIM BETMGM BONUS

2. Bet365 NFL Week 16 Promo: $1,000 First Bet Safety Net (or) Bet $5, Get $150

There are two Week 16 promos for new players at Bet365 who use the bonus code SFA365. The first is a $1,000 First Bet Safety Net that protects your initial bet up to $1,000. Bet365 will refund your stake 100% in bonus bets if it loses. Bet365 also offers a straightforward bet $5 and get $150 offer.

Caesars Sportsbook Logo—  CLAIM BET365 BONUS

3. Caesars NFL Week 16 Promo: $1,000 First Bet Insurance (or) Double Winnings on First 10 Bets

New customers can use the Caesars Sportsbook bonus code SFA1000 for one of two promos. The first is to double winnings on your first 10 bets. The minimum bet amount for each wager is $1, and the maximum is $25. The second offer is first-bet insurance, which is up to $1,000.

Caesars Sportsbook Logo—  CLAIM CAESARS SPORTSBOOK BONUS

4. DraftKings NFL Week 16 Promo: Bet $5 and Get $150 if First Bet Wins

The DraftKings promo is unique, requiring users to win their first bet in order to receive the bonus. Simply place a bet of $5 or more. If your wager wins, you'll unlock $150 in bonus bets. No bonus code is required to get the DraftKings welcome offer.

Caesars Sportsbook Logo—  CLAIM DRAFTKINGS BONUS

5. Hard Rock Bet NFL Week 16 Promo: Up to $100 Back if First Bet Loses

This simple promo works the same as other first-bet insurance bonuses. If your first wager of at least $5 at Hard Rock Bet fails, the platform will return your lost stake in the form of bonus bets. No Hard Rock Bet promo code is required.

Caesars Sportsbook Logo—  CLAIM HARD ROCK BET BONUS

How to Claim an NFL Promo for Week 16

Hard Rock Bet app sign up home screen. Signing up and claiming a sportsbook offer for NFL Week 16 is simple. Just follow the steps below:

  1. Choose one of the above NFL sportsbook offers you want to redeem
  2. Download the sportsbook's mobile app or head to the desktop site
  3. Click Sign Up, Join, or Register on the top right of the screen
  4. Enter all of the requested personal information, such as your address
  5. Enter the bonus code when prompted
  6. Make a qualifying deposit and bet, which unlocks the bonus bets

Betting Tips for NFL Week 16 Games: Previews, Picks & Predictions

As the NFL playoffs approach, games become more significant. Losses and wins weigh more heavily in tight divisional and wild card races. This week, we are highlighting the Pittsburgh Steelers at Baltimore Ravens, the Philadelphia Eagles at Washington Commanders, and the Minnesota Vikings at Seattle Seahawks.

NFL week 16 lines from Bet365

Pittsburgh Steelers @ Baltimore Ravens (-6.5) O/U 45.5

The Ravens (9-4), winners of two out of three, can pull into a tie for first place in the AFC North with the Steelers (10-4) with a win. The Steelers won the Week 11 matchup 18-16. Pittsburgh lost last week against the Philadelphia Eagles 27-13.

The Steelers rank sixth in the league in points allowed per game, but they will have their hands full trying to bottle up quarterback Lamar Jackson and the NFL's top-ranked offense, which averages 424.1 yards per game. The Steelers' defense got the upper hand in the first matchup between these two teams, but will they be able to slow the Ravens down away from Heinz Field?

💡 Betting tip: The Steelers are 7-2 ATS in their last nine games, and the Ravens have failed to cover the spread in their last two home games. Ravens win, but Steelers cover.

Philadelphia Eagles @ Washington Commanders (+3.5) O/U 45.5

The Eagles (12-2) have won 10 in a row and can clinch the NFC East with a win over the Commanders (9-5), who they beat earlier this season. Philly quieted doubters in their last game with a big 27-13 home win over the Pittsburgh Steelers, and now pundits are hailing them as the best team in the NFL. Running back Saquon Barkley leads the Eagles' top-ranked rushing offense against a porous Washington run defense, which only ranks 25th in the league.

The Commanders have won two in a row but were less impressive in their last game in a 20-19 win over the 5-9 New Orleans Saints. In that win, they needed a 2-point conversion stop with no time on the clock after blowing a 20-7 fourth-quarter lead. Jaylen Daniels was sacked eight times in the game.

💡 Betting tip: The Eagles have covered the spread in five of their last six games, including a win over this same Washington team. Conversely, the Commanders are 1-4 ATS in their last five games. Expect Jalen Hurts and Barkley to run wild. Eagles cover.

Minnesota Vikings at Seattle Seahawks (+3) O/U 43.5

The Vikings (12-2) have won seven in a row and sit tied atop the NFC North standings after the Detroit Lions finally dropped a game last week. The Seahawks (8-6) had their four-game winning streak snapped and now sit tied with the L.A. Rams atop the NFC West standings.

Seattle quarterback Geno Smith missed last week's game with an injury and remains questionable, which is bad news going up against a solid Minnesota defense that ranks fourth in the league in opponents’ points per game. Sam Darnold has resurrected his career this season with the Vikings and has 12 TDs to only one INT in the last six games. Having stud wide receiver Justin Jefferson, who ranks second in the NFL in receiving yards, certainly makes things easier.

💡 Betting tip: The Vikings are 3-1-1 ATS in their last five games and only have one road loss on the season. We expect them to easily cover against the Seahawks, who could be without starting quarterback Geno Smith.

Final Thoughts on the Best NFL Week 16 Offers

Sportsbook bonuses are a great way to test a betting platform without committing too much of your hard-earned cash. All the promos we mentioned above are top-notch and don't have too many strings attached. Try one or more out and go lay bets on the best NFL Week 16 games.