With the increasing regulation of sports betting in the USA, both established and new betting sites are doing their best to attract new customers. One way to do this is by offering new players a sportsbook sign-up bonus. These bonuses can be in the form of deposit matches, bet credits, or free bets. Understanding the difference between these offers can help you build a bankroll. You should always read the terms and conditions of any bonus before claiming it.
Offers risk-free bets
Taking advantage of offers risk-free bets is a great way to increase your bankroll. These free bets are typically offered after you have signed up with a bookmaker. They are typically part of their loyalty program. When you place a risk-free bet, the bookmaker will give you your winnings back. Some bookmakers even offer risk-free bets as part of their first deposit package. If you win, these bets can boost your bankroll.
Risk-free bets are often offered to new players, but can also be used by returning players. In such a situation, the winnings will be matched up to a pre-determined amount. Then, if you lose, you can simply withdraw the winnings or keep your stake. However, it is important to note that risk-free bet offers typically cover only up to a certain amount and exclude any wagers made above this amount.
Offers odds boosts
If you’re looking to place a wager at an online sportsbook, one of the best options is to take advantage of one of the sportsbook’s many offers odds boosts. Most of these promotions require that you make a minimum wager in order to qualify for the enhanced odds. This will usually be set at a specified dollar amount or a certain number of selections in a parlay. The maximum payout on these offers is $25, and winnings are usually paid out in cash, but not always. Some sportsbooks even provide bonus cash or free bets to customers who make a qualifying wager.
Odds boosts at a sportsbook are usually advertised in the lobby or on the promos tab on the sportsbook’s website. Many operators also send email notifications of these promotions to registered users. Some are also posted on social media accounts. However, to be able to use an odds boost, you must be logged into your sportsbook account.
Offers free bets for referring a friend
Some sports betting sites give you free bets for referring a new customer. In some cases, you can get up to $250. These offers are a win-win situation for both parties. The new customer can earn free bets, while you will get an extra bonus for referring a friend.
Most refer-a-friend programs require that you deposit at least $50. This is usually in addition to the welcome offer you receive when you sign up. Refer-a-friend bonuses are also a great way to get more new customers. The best referral programs allow you to refer friends without putting in too much effort. If your friend wants to try sports betting, share your unique referral link with him or her.
Offers deposit match
A deposit match bonus is a promotional offer from a sportsbook that will match a certain percentage of your deposit. This is a great way to boost your bankroll, but it can come with restrictions. Some sportsbooks will only allow you to deposit a certain amount of money, and there will also be wagering requirements associated with the deposit match.
The amount of the deposit match will vary depending on the terms of the bonus, but it is usually stated as a percentage. For example, a 20 percent match is equivalent to 20% of your initial deposit. This type of bonus is generally offered to new users, but some sportsbooks will also offer the bonus to existing users.