OwnersBox Fantasy Promo Code 2024: How to Claim Your $500 Bonus

OwnersBox is currently one of the more popular fantasy sports platforms on the market. It offers a pretty solid website and app and one of the best welcome bonuses you will find.

In this article about the OwnersBox fantasy promo code, I will teach you how to claim and use not one, but two welcome bonuses on this platform. Fantasy sports bettors who sign up will get two $5 free entries without a deposit. In addition, you will get a 100% first deposit match up to $500. Let’s talk about these exciting promotions in more detail.

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OwnersBox: Pros & Cons
  • Dedicated mobile apps
  • Lower budget entry contest
  • Interesting OwnersBucks virtual currency
  • Exciting tournament-style bracket format
  • Covers only 4 sports leagues
DFS
OwnersBox DFS
4.7/5
  • Free daily fantasy sports gaming
  • Generous welcome bonus
  • Three different gameplay options
OwnersBox DFS Bonus
100% up to $500
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Deposits & Withdrawals
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Players from Virginia accepted
T&Cs apply, 18+
Payment Provider Safety
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Introduction to the OwnersBox Fantasy welcome bonus

Like online casinos and sports betting platforms, fantasy sports websites usually offer some kind of a welcome bonus. They do so to attract new players to the site. Why would you open an account on a site that doesn't offer any kind of benefits?

The welcome bonuses usually come in the form of free credits to try out what the site has to offer, or a deposit match bonus, which will provide you with additional funds. However, you should always approach these bonuses with a healthy dose of skepticism. The reason is simple: even though the bonus might look good at first glance, complex rules might make the bonus withdrawal painful for the player. Always read the terms and conditions of the bonus, aswell as opinions from expert reviewers, to avoid scams or bad deals.

In my opinion, just like the bonuses unlocked with the Underdog fantasy promo code, OwnersBox promos don’t fall in the previously mentioned categories. Here are two welcome bonuses you can claim on OwnersBox today:

OwnersBox
DFS Deposit Bonus
100% up to $500
T&Cs apply, 18+
Promo Code
Copy
Get Bonus
OwnersBox
DFS Bonus
$10 Sign up Bonus
T&Cs apply, 18+
Get Bonus

Deposit bonus up to $500

At the time of writing this OwnersBox bonus code review, a first deposit match bonus is available on the site. You will see this kind of welcome bonus on many other fantasy sports sites.

To receive the 100% deposit match, you must deposit between $10 and $500. Your first deposit must also fall within this range, or you won’t receive the bonus.

You will receive the bonus funds as OwnersBucks, which are this site’s credits used to participate in paid contests. These credits are redeemable for cash at the rate of 4% when you start on the platform, but the rate can be improved as you progress through the loyalty program.

Two $5 free contest entries

In addition to the generous deposit bonus, OwnersBox has decided to greet new players with another welcome bonus. Every player who registers an account will receive two free contest entries:

  • One $5 Lightning Lineups entry
  • One $5 Salary Cap game entry

To receive this offer, you must verify your OwnersBox account and enter an OwnersBox fantasy promo code, which you will receive via email.

In my opinion, this sign-up bonus isn’t bad because it gives you an opportunity to test the platform for free, but there are playthrough requirements. All bonuses you receive via OwnersBox fantasy promo codes have a 3:1 playthrough requirement before you can withdraw your winnings. This means that to be eligible to withdraw your $10 in free entries, you must play at least $30 in entry fees to be eligible.

How to use the OwnersBox fantasy promo codes

If you have experience with fantasy sports sites, claiming these welcome bonuses shouldn’t give you any issues. However, if you are new to this space, I have tried out the process myself and will provide you with a step-by-step guide below:

How to open an OwnersBox account

  1. Search for OwnersBox in your browser or download a mobile app.
  2. Click on the blue “Sign Up” button in the right corner of the screen.
  3. Choose your username and strong password.
  4. Enter your email address and phone number.
  5. Enter the OwnersBox fantasy promo code if you have any, which can also be found on the banners of this site if one is available to you.
  6. Read and accept the Terms and Conditions.

If you provide the correct information, your account will be ready in no time, and you will be free to experience the site. However, you must be aware that OwnersBox is only available in some countries or states in the USA. Ensure the site is available in your region before you start the registration process.

Don’t forget the account verification step

When you complete the registration process, you will be presented with an optional step to verify your account. I strongly recommend doing it as soon as possible because this is a necessary step to receive your two $5 free entries.

If you are scared that the process is long and complex, don’t be. During my testing of the platform and its bonuses, I completed it in just a couple of minutes. All you need to do is provide your personal information, such as your date of birth, address, city, and zip code. After verification, you will receive your OwnersBox fantasy promo code in the email, a procedure different from the Parlayplay promo code. This code will release your $5 worth of free entries for Lightning Lineups and Salary Cap games.

How to get the deposit bonus

Previously mentioned free entries are only the first welcome bonus you can get on OwnersBox. As I have already mentioned above, the second bonus is a 100% deposit match up to $500.

To claim this bonus, you don’t need an OwnersBox fantasy promo code; you only need to deposit funds into your account. But remember, the minimum amount eligible for this bonus is $10. The bonus will be instantly added to your account in the form of OwnersBucks, which are credits used to participate in pain contests available on the sites. However, the bonus terms and conditions may change, so be sure to read the bonus terms and conditions before activating the bonus. If a promo code is required, it can be found on the banners of this site for your particular location.

Top 5 expert tips to take advantage of the OwnersBox welcome bonus

Below are the tips derived from my experience on this fantasy sports site and its bonuses.

Take your time

The bonuses on OwnersBox have a generous time limit. They are available for exactly 30 days from the time you claim them. There is no need to rush to use your bonuses. So, take your time to familiarize yourself with the website and learn the contest rules. Learning the rules of the Lightning Lineups and Salary Cap games is crucial because you will receive free entries for those contests when you verify your account. I recommend watching tutorial videos on the site before you decide to play.

Be realistic with your first deposit

I know it might be tempting to deposit $500 to claim the total amount of the first deposit match bonus. However, I recommend that you take a most realistic approach. Never deposit more than you are willing to lose.

Use the Refer a Friend program

The site offers a Refer a Friend program. You can send your friends an invitation link to join the site, and if they register an account, you will receive 25 OwnersBucks per person. This is a great way to get additional credits, in addition to the welcome bonuses mentioned, with little effort.

Use your previous fantasy sports knowledge

As I have mentioned in my OwnersBucks review, the sports available on this site are NFL, MLB, NHL, and NBA. So, participate in paid contests for leagues you are familiar with. This advice applies across the board, but you should take it to heart when deciding to participate in Lightning Lineups. In this game, you are presented with three lineups consisting of three players, and you must choose the lineup you think will score the most fantasy points. If you don’t like the lineup, you can reroll as many times as you want until you get the one you like.

Keep track of your wagering

I have already mentioned above that you don’t need to worry too much about time limits because there is a generous time limit of 30 days. However, the playthrough requirement is 3x before you can withdraw your winnings from free entries.

On the other hand, OwnersBucks, which you will receive from your first deposit match bonus and doesn’t need an OwnersBucks fantasy promo code, has a conversion rate of 4% when you start on the platform. However, this percentage will increase as you enter paid contests and progress through the loyalty program.

 

Fast facts you should know about OwnersBox welcome bonuses

Now, I will take you through some important facts that you should take note of before you decide to activate the OwnersBox welcome bonuses.

1. Do you need the OwnersBox fantasy promo code to claim the bonuses?

The answer depends on the bonus in question, just like some bonuses on Jock MKT don’t require a Jock MKT promo code. However, to claim the two $5 free entries, you will need an OwnersBox fantasy bonus code. You will receive the promo code via email after you verify your account. However, the deposit bonus doesn’t require an OwnersBox fantasy promo code as of writing this piece, but if it does, the promo code will be displayed on the banners of this page for your specific location.

2. Do free entries expire?

Yes. You will have 30 days to make use of your two $5 free entries for Lightning Lineups and Salary Cap. You will lose the bonus if you do not use them within the given time frame.

3. Are all payment methods eligible for a deposit bonus?

Yes. However, I have found that the deposit methods available depend on the region in which you reside. For example, Canadian players can only deposit via credit cards (Visa and MasterCard), and American players can use credit cards and traditional online banking.

4. Can I claim the welcome bonus if I already have an account but haven’t used the bonus before?

Unfortunately, no. The welcome bonuses on OwnersBox are only available once per account. If you miss your chance to take advantage of the bonuses the first time, you cannot activate them again.

How are additional rewards and loyalty programs at OwnersBox?

I was surprised to find that besides the two welcome offers, there are no considerable additional bonuses. However, refer-a-friend and loyalty programs are available. Also, I particularly enjoyed the unique spins to these programs; they aren’t boilerplate rewards you will find on other fantasy sports sites. Here is what you can expect.

Tiered Refer a Friend program

If you have any experience with fantasy sports sites, you have probably encountered a Refer a Friend program. Usually, you will see a link that you can share with your friends, and you will receive some funds as a reward. The principle of the OwnersBox Refer a Friend program is the same, but there is one crucial twist. There are tiers to it. I can’t say that I have encountered such a system before. Here is how it looks:

  • First level: Direct referrals - When you share your link with your friends who deposit at least $25, you will receive 25 OwnersBucks.
  • Second level: When your friend's friend invites new players to join the platform, and they do so, you get 10 OwnersBucks.
  • Third level: The whole process is applicable again; when your friend’s friend refers their friend, you will get 5 OwnersBucks, which is modest but nothing to scoff at.

If you decide to try out some other fantasy sports site, you will generally see a Refer a Friend program that only has one level. The nature of a tiered system can lead to pretty good value, so take advantage of this offer.

OwnersBox loyalty program

A loyalty program is not unusual on DFS sites. I have tested many such programs, but none were as good as the OwnersBox loyalty program. Here, you will get 1% of your entry fees paid back in OwnersBucks. This means the more I played paid entries, the more value I accumulated over time.

But that is not all. There are levels to climb, which unlocked better conversion rates for OwnersBucks. For example, after $1,000 spent on paid entries, the conversion rate jumped from 4% to 4.25%. However, I was saddened to discover that this program resets each month; if you want better rates, you will need to build your account repeatedly, which may turn some players off.

The OwnersBox fantasy promo code and welcome bonuses

What can new players expect from OwnersBox welcome bonus

New players who make an account at OwnersBox will be treated with the bonus that comes in two parts. Registering and verifying your account will get you two $5 free entries, one for Lightning Lineups and one for the Salary Cap game.

After that, you will have the opportunity to take advantage of OwnersBox's first deposit match bonus of 100% up to $500. The bonus funds on the site come in the form of OwnersBucks, which is a virtual currency used to enter paid contests on the site.

How was my experience with the bonus

When I completed the account verification step, I received an OwnersBox fantasy promo code in my email, which unlocked two free entries. In my experience, these entries are only there so I can get a small taste of what the site has to offer.

Thankfully, the second part of the bonus provided better value. When I deposited $100, another $100 in OwnersBucks appeared in my account. I used these funds to enter paid contests, which were pretty fun.

Learn the withdrawal requirements for this bonus

You can’t withdraw your two free entries immediately. I wasn’t surprised that there is a playthrough requirement for this part of the bonus because that is standard practice on DFS sites. Your free entries need to be used at least three times before you can withdraw winnings.

Also, it is important to know that you can’t withdraw OwnersBucks. They are only used to enter paid contests on the site, but the winnings are withdrawable. The more you enter the paid contests, the better your conversion rates will be.

Pitfalls and what to avoid when claiming the bonus: Time limits

I have found that there aren’t many complex rules tied to this bonus offer. However, there are time limits you must be aware of. Your free entries will only be valid for 30 days after they become active. In my opinion, this is plenty of time, and you shouldn’t be worried about losing your bonus.

Summary - The OwnersBox welcome bonus is worth your time

It’s hard to think about any of the downsides to this bonus offer. I liked that it comes in two parts to get a taste of the platform for free and get additional OwnersBucks. Because this bonus provides good value, I must give you the green light to claim this bonus if you are looking for a new DFS site.

 
OwnersBox
DFS Deposit Bonus
100% up to $500
T&Cs apply, 18+
Promo Code
Copy
Get Bonus
OwnersBox
DFS Bonus
$10 Sign up Bonus
T&Cs apply, 18+
Get Bonus

OwnersBox welcome bonus - Final thoughts

OwnersBox's matched deposit bonus and free entries are among the better multi-tiered bonuses I have encountered on DFS platforms in recent times. The two $5 free entries will allow you to try 2 out of 3 contests available on the site for free, while the 100% deposit match on your first deposit will double the amount of OwnersBucks to fund your experience on the platform. The good news is only free entries require an OwnersBox fantasy promo code to be claimed.

In addition to the solid welcome bonus, additional rewards and a loyalty program caught my eye. I appreciate the effort to provide something new in the world of DFS sites. If you are looking for something new, consider opening an account today.

DFS Bonus
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OwnersBox DFS Bonus
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100% up to $500
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T&Cs apply, 18+
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OwnersBox fantasy promo code FAQs

🎁 Where do I look for the OwnersBox fantasy promo code?

When you complete the account verification, you will get the OwnersBox fantasy bonus code. This promo code will release two $5 free entries for your account.

🧨 What is the OwnersBox deposit bonus?

OwnersBox offers a 100% first deposit match up to $500. Just like there is no need for a PrizePicks promo code to get their welcome bonus, this bonus doesn’t require an OwnersBox fantasy promo code.

💵 What is the qualifying deposit for OwnersBox deposit bonus?

To get this bonus, you must deposit a minimum of $10. If you are an American player in one of the legal states to use this site, traditional banking and credit cards are available as payment methods.

💰 Who is eligible for OwnersBox welcome bonus?

To get the welcome bonus, you must be at least 18 years old. Also, you must live in a region where OwnersBox is available. This DFS site is currently available to Canadian and American players, excluding Arizona, Connecticut, Delaware, Hawaii, Idaho, Indiana, Iowa, Louisiana, Maine, Michigan, Mississippi, Montana, New York, Nevada, and Washington.

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OwnersBox Bonus Details
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100% up to $500
Type: Deposit Bonus
Requirements (WR): -
Min. Deposit: $10
Cashable: No
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