Lucra Sports Review & Promo Code – February 2024

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Lucra Sports is a brand-new social sportsbook currently hitting the market in more than 30 US states. Lucra combines the popularity of daily fantasy sports (DFS) platforms with the excitement of sports betting, and the result is a peer-to-peer betting platform summed up by its motto: “Winning is fun, beating your friends is better.”

At Lucra, there’s no “house” like at a traditional sportsbook like DraftKings. There’s no oddsmaker setting the lines, either. What you bet on is completely up to you, your friends, and other Lucra users. When you create a head-to-head contest using Lucra, you set the wager, the stake, the odds, the spread, and everything else.

Lucra is revolutionizing the world of friendly wagers between friends with a state-of-the-art mobile platform for head-to-head wagers on the NFL, NBA, MLB, NHL, golf, tennis, soccer, and more. Best of all, Lucra is giving out a sweepstakes no deposit bonus and deposit bonus: $5 free on signup, plus a $50 deposit match. You can also earn $25 when you invite a friend to the platform.

To learn more about this exciting social sportsbook, keep reading our Lucra Sports review. We’ll cover how to claim the bonus, how a social sportsbook works, what kinds of bets you can make with Lucra, where Lucra is legal, and much more.

Bullet Points

  • Get $5 free on sign-up
  • 100% first deposit match for up to $50
  • Peer-to-peer betting lets you bet against friends
  • Set up custom contests against other Lucra users
  • New mobile app platform available
  • Low marketplace fees to create contests
  • Live and legal in more than 30 states

Lucra Sports Bonus Details for February 2024

Lucra Bonus CodeComing Soon!
Sign-up Bonus Info• New users only.
• Must be 18+ to join.
• No deposit required.
• Deposit match applies to first deposit only.
Available to Users inNJ, OH, VA, CO
MInimum Deposit$10
Payout Speed0-5 days, depending on payment method
Best Deposit Options• Credit card
• Debit card
Rewards ClubLucra Rewards
Best Sports to Bet onAll Sports: Since you set the odds at Lucra, you can bet on whichever sport you like, or even up contests involving more than one sport.
PromosGreat sign-up offers backed up by a rewards program.
Last UpdatedFebruary 29, 2024

What To Know About the Lucra Welcome Bonus

The Lucra welcome bonus makes getting started even more rewarding, with $5 free on sign-up, no deposit required. Plus, when you do make your first deposit, you’ll receive a 100% first deposit match for up to $50 in bonus cash called Lucra Bucks.

You can also claim an additional referral bonus. If you invite a friend to join Lucra and they sign up for an account with your link, you can get an extra $25 in Lucra Bucks. And since Lucra is a social sportsbook, inviting a friend to compete against you on the app is a no-brainer.

Keep in mind that bonus funds aren’t the same as real money. You’ll have to wager any bonus money you receive before you withdraw them, and don’t forget that Lucra Bucks can expire after seven days of issuance.

What Is a Social Sportsbook?

Lucra is a social sportsbook, which makes it different from sportsbooks like FanDuel Sports, DraftKings, or Caesars Sportsbook. The point of a social sportsbook—also known as a peer-to-peer sportsbook—is to replace the concept of betting against the sportsbook with betting against your friends or other users of the app.

Whereas traditional sportsbooks make money from building vigorish into the odds pricing, a social sportsbook lets you come up with your own bets, set your own odds, and bet against other people. All the wagers on a social sportsbook are “head-to-head,” meaning there’s one player on each side of the wager. For every player betting an over, there’s a player taking the under.

Social sportsbooks, in other words, exist to help users bet against each other, and they make money by charging very low “marketplace fees” (i.e., processing fees) on each wager placed using their platform.

This opens up tons of possibilities as compared to a traditional sportsbook. Normally, you are restricted to betting on whatever lines a sportsbook offers, using odds that are set deliberately to guarantee that the sportsbook makes money. With peer-to-peer betting, you can come up with your own wagers and set your own sports betting odds—all you need is for someone to take the other side.

Think of a social sportsbook as a platform built to let you place real money bets against friends or strangers online, similar to DFS. You can use the basic head-to-head contests suggested by the sportsbook or come up with your own. The world is your oyster.

How Do You Play With Lucra Sports?

When you play with Lucra, you’re in control. To make a bet, you can either use one of Lucra’s suggested head-to-head wagers or invent your own. You can choose the sport, player, or stat that you want to bet on, and then you set the odds and the stake.

For example, let’s say you want to bet that Nikola Jokić will score more points than Steph Curry in a game between the Denver Nuggets and Golden State Warriors. Once you set odds and input a stake (e.g. $20), send it to a friend who has the Lucra app. Once someone accepts the contest, you’re all set to go. Once the bet settles, Lucra will send the victor their winnings automatically.

Lucra is a game-changer when it comes to betting between friends. Friends can put their arguments to the test by sending each other a Lucra contest or match up players from their fantasy teams against each other. Lucra even offers a number of social features. You can create groups on Lucra to share contests or set up custom leaderboards to see which of your friends deserves the most bragging rights.

Lucra lets you build contests on the NFL, NBA, MLB, NHL, golf, tennis, soccer (MLS, UEFA Champions League, Premier League), and NASCAR, and you can even build cross-sport bets, like Erling Haaland to score more goals than Patrick Mahomes throws touchdown passes. Lucra also allows you to set bets on games that are already in progress, which means you can bet against your friends on games you’re watching live.

Whether you want to scroll through the Lucra public feed and look for a bit of action or build a contest to send to your group of friends, there are endless ways to play with Lucra Sports. And with the Lucra community growing every day, this exciting peer-to-peer platform could become a household name among sports bettors sooner rather than later.

Signing up at Lucra Sports

It won’t take long to set up an account with Lucra. Follow a link on this page to the Lucra site, and click the button to download the app to your mobile device. Once you open the Lucra Sports app, you’ll be prompted to fill out the registration page.

Enter some personal information, including your name, address, phone number, and email, and you will be asked to verify your identity via KYC (Know Your Customer), which may ask you for a piece of identification, like a driver’s license or passport. Note that you must be 18 or older to sign up with Lucra, and you must be located in a state where Lucra is legal.

Once you complete the verification process and your account is approved, you’ll receive $5 in Lucra Bucks. Then, when you make your first deposit, it will receive a dollar-for-dollar match from Lucra, up to $50. If you invite a friend to sign up with Lucra, you can earn an additional $25 in Lucra Bucks if they sign up for an account.

Where is Lucra Sports Legal?

In most states, the legal age to join Lucra is 18, but some states may impose a higher minimum age requirement, like 19 or 21, so be sure to check your state’s specific rules before you sign up.

Lucra Sports  is currently legal in:

  • Alabama
  • Alaska
  • California
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Maine
  • Massachusetts
  • Minnesota
  • Mississippi
  • Missouri
  • Nebraska
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Texas
  • Utah
  • Washington, D.C.
  • West Virginia
  • Wisconsin
  • Wyoming

Since Lucra is closer in nature to a DFS platform than an online sportsbook, it’s easier for Lucra to gain legal approval. That means that Lucra may well expand into further states in the future, so if your state doesn’t appear on the list, check back in the future to see if your state has been added to the list.

What Sets Lucra Apart?

Lucra may be new to the legal online sports betting landscape, but it’s growing quickly. It’s not hard to see why people are enjoying playing with Lucra. Here are just a few things that set Lucra apart from other sportsbook and DFS platforms:

✅ Lucra lets you challenge your friends or other users to custom head-to-head bets.

✅ At Lucra, you’re the oddsmaker—whether it’s a moneyline, spread, total, or prop, everything about the bet is up to you.

✅ You can play Lucra on a highly-rated mobile app, with the iOS app scoring an impressive 4.5/5 on the Apple App Store.

✅ You can get $5 free when you sign up, plus get a 100% first deposit match up to $50.

✅ Lucra has a whole range of social features, including public and private groups, leaderboards, and more.

✅ You can bet on a wide range of sports—including all major U.S. leagues—and make unique multi-sport bets.

How Do Deposits and Withdrawals Work at Lucra?

Count on Lucra to offer reliable and timely payment processing, but the options available are still relatively limited. It’s very likely that the list of supported payment options will expand in the near future.

Right now, users can make deposits with credit and debit cards. Just swipe up on the account tab, and select “Add Funds.” Deposits should process instantly, so you should see the funds in your account right away once you complete the payment.

For withdrawals, Lucra users can choose to receive funds via direct deposit (ACH eCheck) or by requesting a check in the mail. Withdrawing funds takes longer than depositing. A direct deposit can take 3-5 banking days, and a mailed check can take as many as 10 banking days to reach you. To withdraw your funds, click “Cashout Funds” in the settings menu.

Lucra Sportsbook in Conclusion

Lucra Sports is set to be a major disruptor in the sports betting industry. While peer-to-peer betting will be a new concept to many players, it’s bound to be popular. Picking your own wagers, setting your own odds, and challenging friends directly through an app with built-in social features is an idea with incredible potential and some clear advantages over traditional sportsbooks.

With Lucra, you can send your own custom-built wagers to friends or groups, making it easier than ever to lay down a friendly wager. Whether you’re betting on your fantasy teams or your favorite teams, Lucra lets you bet however you like on NFL, NBA, MLB, NHL, golf, tennis, soccer, and NASCAR. And on top of that, Lucra’s ultra-low marketplace fees mean that you can rest easy knowing you’re paying less to Lucra than most sportsbooks charge in vig.

Lucra also has a great welcome bonus available, with $5 free on sign-up and up to $50 with its 100% first deposit match. You can also collect a $25 referral bonus when you invite a friend to Lucra.

You can play at Lucra on your mobile device, with a brand-new mobile app for both iOS and Android devices out now. The iOS app has proved especially popular with an average score of 4.5/5 from over 600 ratings. The Android app is newer but has also already racked up its fair share of five-star reviews.

Finally, Lucra is both safe and legal. Lucra has received the green light from state authorities in more than 30 states, meaning your data is much safer than if you were to bet with an illegal or offshore sportsbook. Plus, if you run into an issue, you can always contact [email protected] to get in touch with a representative.

Lucra hasnt been around long, but the early signs suggest the platform is a home run. Download Lucra today and invite your friends to start making social wagers on what could be the next big sports betting app.

Lucra Sportsbook FAQs

Is there a Lucra promo code in February?

No, you dont need to enter a sportsbook bonus code to get the welcome bonus at Lucra Sports. Just use a link on this page to download the Lucra sports betting app and sign up for an account. Youll automatically get $5 when you complete the sign-up process and a 100% first deposit match for up to $50 in Lucra Bucks.

What is Lucra? 

Lucra is a social sportsbook, which lets you challenge your friends to head-to-head wagers that you design yourself. Using traditional sportsbooks, you bet against a house” that determines the bets available and the odds. Social sportsbooks like Lucra put you in control. You can choose the team, player, or stat you want to bet on, and its up to you to set the odds and/or spread. All you need is a friend or other Lucra user to take the other side of the wager.

Can I win real money with Lucra? 

Yes, Lucra allows you to make real money wagers against friends. You can deposit money using your credit and debit cards, and withdraw money via direct deposit (ACH) or by requesting a mailed check. Note that the welcome bonuses are awarded in Lucra Bucks, which work the same way bonus bets” do at a traditional sportsbook: you can place wagers with them, but you cannot withdraw them.

What is the minimum age to bet with Lucra?

In most of Lucra’s 30-odd legal states, the minimum age to sign up is 18. However, some states may require you to be 19 or 21 years old. Check your states rules before you sign up.

Is there a minimum deposit at Lucra? 

No, you dont need to make a minimum deposit when you sign up with Lucra, and the $5 welcome bonus is awarded with no deposit required. When you do make your first deposit, Lucra will match it dollar-for-dollar in Lucra Bucks.

Do I need to download the app to bet with Lucra? 

Yes, you do. Lucra is not available as a desktop platform, but it offers a mobile app for both iOS and Android devices, which you can download from your app store or a link on the Lucra site.

About the Author

Mike Epifani

Mike Epifani

Casino Content Manager
Mike Epifani is a gambling expert and professional writer with more than a decade of industry experience. His current role is Brand Content Manager at Bonus.com, part of the Catena Media network. Mike has written hundreds of guides on online casinos, casino gaming, sports betting, sweepstakes sites, and lottery play.
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