One of the core differences between online and offline sportsbooks are the bonuses and bonuses. You can get hundreds of dollars in free bets, deposit bonuses, rebates, and VIP applications simply by opting to bet online.
With the right offer and a bit of luck — because you still have to make winning sports bets — you can break even, or perhaps even walk a little bit wealthier.
We know what you’re thinking — where can you sign up? But hold on just a second. Move too fast and you may make a frequent rookie mistake: registering for an internet sportsbook purely for their own promotions.
That’s a bad idea, and also a surefire way to get ripped off. You want to be certain the sportsbook you are interested in is licensed, controlled, and most importantly has a reputation for quickly paying their customers.
You can find these sportsbooks on your own, but it might take you some time. And you would want to know what to search for, which not everyone does, judging by all the”I’ve been ripped off; what do I do?” Forum threads.
The easier strategy — not to mention the faster approach — would be to join one of those sportsbooks we recommend below. Read our testimonials to ensure you discover the ideal match, then hit the”Visit Now” button to head to the site and get started.
Rank Betting Website Deposit Bonus Get Started
#1 22bet Logo
22bet
100% Up To
$300
Go to Site #2 10Bet Sports Logo
10Bet Sports
50% Up To
$100
Go to Website #3 Spin Sports Logo
Spin Sports
100% Up To
$200
Go to Website #4 Guts Sports Logo
Guts Sports
100% Up To
$100
Visit Website If you’re new to this online gaming item, we highly recommend you read each of these sportsbook reviews.
Not only will you understand about each sportsbook’s betting markets, choices, and limits, but you can also compare bonus offers and terms — items that we cover in more detail below.
But first, let’s address a question we’re sure a lot of you have:
Why Do Sportsbooks Offer This Stuff?
Are you wondering why sportsbooks give away money, merchandise, and other”free” stuff? Since we would not blame you if your”if it appears too good to be true, it’s” radar is going off.
Relax — this isn’t a sham. Here are three reasons why sportsbooks offer these deals:
1
They want to attract new customers.
They offer deposit bonuses to entice you in making a deposit (because you may double or triple your starting bankroll). And they will use free stakes that will help you overcome any fear or anxiety you may have about placing a wager. What do you have to lose if they are guaranteeing to give your money back if you lose?
2
To promote inactive clients to return.
Sportsbooks use offers for bettors who haven’t placed a bet in a while back on the site. By way of example, they will use a reload deposit bonus to get them to make another deposit if they drained their accounts balance.
3
To reward existing clients.
Sportsbooks have VIP and cash-back programs to offer you a little reward for being a loyal client. For others, it is a little carrot to chase — a motive to keep on gambling (so you can unlock a reward).
As you can see, sportsbooks have loads of great (and fair ) reasons to offer bonuses and bonuses. It gets you come from the door and invest money with them.
But do not think for a moment that you are pulling a fast one. You’re not pulling the wool over anybody’s eyes.
Not whatsoever.
Since each and every one of a sportsbook’s offers include terms and conditions you need to fulfill before you can cash out. These terms make it incredibly difficult to turn a profit while on the sportsbook’s dime.
We are going to go into more detail about conditions and terms at a second — once we cover all the common bonuses and rewards you will encounter when gambling sports online.
The Most Common Types of Bonuses and Promotions Sportsbooks Offer There are many types of promotions. However there are just a handful or two of promotions that are common you may trust to find at virtually every sportsbook you come across online.
The following is a list of the most common types of promotions, and also information about how they work.
Free Bets
Many sportsbooks provide free bets. Get $10 here or $50 there. However, these are not exactly what you believe they are — their headlines are misleading. Here’s what we mean:
When a sportsbook provides a free wager, they are not likely to give you cash to wager with. What they’re offering instead is a”secure” bet. They’re offering insurance.
As an instance, say you find an offer for a”free live bet up to $50.” When you make your (first) live bet, should you lose, the sportsbook will reimburse you up to $50. This deal only pays if you lose.
And if you win?
Nothing happens. You will collect your winnings and proceed. The offer’s over. It’s one of those deals that is exciting and also a relief for some people, while apparently useless and anticlimactic for many others.
Reduced Juice
Juice is just another word for vigorish (vig), which is another word for charges. Each sportsbook fees vig on the (losing) sports bets.
A reduced-juice marketing discounts just how much vig you need to pay. By way of example, a -110 line could become -105. This saves you 50 percent in fees, which may add up over dozens of stakes.
VIP/Cash Back
Many books will award you points for every $1 or $10 you wager. The objective is collect points so that you can later move up in (VIP) degrees, as well as market your points for cash back, merchandise, and other perks.
Sportsbooks with multilevel VIP programs are ideal if you’re planning to make lots of bets since these tend to offer exclusive bonuses, rebates/insurance, product, expedited payments, and money back.
Even better yet, some multilevel VIP programs give points multipliers for moving up in levels. This usually means that you’ll earn points at a slightly faster speed than the grade below you. Quite often, the same programs will increase the points-to-cash-back-ratio the higher up you go, too.
This is like attaching a rocket to another rocket…attached to another rocket, together with the destination of a treasure chest full of money. In short, if you’re able to find a legit sportsbook offering a VIP program such as this, sign up fast.
Deposit Bonus
This is the most frequent of all online gaming offers. It’s so common it should’ve been first on our list.
A deposit bonus is a match bonus — an offer in the sportsbook to match a percentage of your deposit up to so many dollars.
By way of instance, say you are given a 100% bonus up to $500.
This indicates is that for every $1 you deposit, the sportsbook will give you 1. Deposit the whole $500 and you will get $500 from the sportsbook, for a grand total of $1,000.
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Try to locate a sportsbook that provides a greater match percent compared to 100%. For example, if you discover that a 200% match bonus, the sportsbook will give you $2 for each $1 you deposit. You can quickly triple or quadruple your bankroll should you discover the perfect offer. We’ve seen casinos provide match bonuses as high as 400%!
Reload Bonus
These are equal to the deposit bonus, with just two exceptions:
They are for existing customers rather than new customers.
They are smaller than deposit bonuses (maybe 90 percent of the time).
No-Deposit Bonus
A no-deposit bonus is cash that the sportsbook provides you once you register — and you typically don’t have to make a deposit to receive it.
These are small quantities, someplace between $5 and $50, and are promoted as a safe way to check their sportsbook.
Mobile, Sport, Bet, Outcome, or Event-Specific Promotions
We’re lumping these offers together since they are the exact same thing. These are supplies — generally a bonus or free bet — for:
Trying their mobile gaming system. Often a free wager.
Betting on a specific sport.
Betting on a Particular occasion like the Australian Open or Super Bowl.
Create a specific type of bet, including an accumulator or parlay wager.
A specific outcome, like a team scoring in the final minute of a game, or if both groups tie.
And so on.
You may find a little match bonus. Another frequent deal is a free $25 (insurance) bet. You might get reduced juice or even dime lines.
These vary quite a bit from sportsbook to sportsbook, and we detected you will find more of these at more legit sportsbooks that don’t accept US players.
Refer-A-Friend
This deal is just as it seems — refer”friends” to the sportsbook and you’re going to find a finder’s fee. The fees vary in size but are generally between $50 and $150. And you won’t get paid until your buddy makes a deposit, and in some cases, until they’ve cleared their deposit bonus.
You won’t know for certain before you read the fine print.
Important! Make Sure to Read the Fine Print
All this talk about free money sounds good, does not it? Well, remember what we mentioned earlier — don’t think for a minute that the sportsbook is doing this only from the goodness of the hearts.
Ha! Don’t make us laugh.
Sportsbooks are a company out to make a profit. Never forget that.
Now, this is not to say that bonuses and bonuses are poor. We are not saying that at all. However, what we want to make very clear is that you are not likely to make money off the back of those offers.
Some individuals will. Most people won’t. And that’s because every single offer has terms and conditions — many of that force you to wager and risk your money before you are able to request a cashout.
Bearing that in mind, here are the most usual conditions and conditions to watch out for.
Rollover or Playthrough Prerequisites These generally apply to deposit and reload bonuses. Nonetheless, it is a good idea to expect them if you are given money to gamble with.
The idea behind the rollover requirement is straightforward — the sportsbook would like you to bet your bonus a lot of times before you can cash out.
For example, state the rollover is 10x on a (100% match) $500 bonus. This means you should bet $5,000 before they’ll let you cash out.
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Some rollover terms will apply to the total of your deposit and bonus. Using the identical example from above, you would have to bet $10,000 until you can cash out.
If you try to cash out before fulfilling your rollover requirements, many sportsbooks will just say”no.” Others might void your winnings or take your bonus money.
If you want to participate in a deposit or reload bonus deal, one thing you should look at and compare between sportsbooks is the rollover requirement. Lower is usually better — a 5x playthrough is far better than 10x. But always, ALWAYS double check if it’s just on the bonus, or whether it’s about the bonus and deposit. It may mean you have to do some math to know which is better — or see our testimonials.
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You also wish to check for a deadline. Many sportsbooks (and poker and casino rooms) will inflict a period you need to finish the deal within. Any bonus cash you don’t clear in time will perish. All things being equal, the longer you need to clean the offer, the greater.
Betting Requirements Another term some sportsbooks have is about what you can or can not bet on, or exactly what the minimal odds will need to be.
By way of instance, perhaps you can wager on soccer, but only if it’s not prop or parlay bets. Or you can bet on football, but it needs to be bets with odds of 1.75 or greater.
Cashable Bonuses
If it has to do with deposit, reload, or no-deposit bonuses, it is worth it to find out if they’re cashable or not. Some bonuses, often no-deposit bonuses, are for gambling only. You can cash out your winnings (if any), but you can not cash out the stake. Others, such as deposit and reload bonuses, are fully cashable once you fulfill the rollover requirements.
This is not a big deal, but it may play a part in your decision if you’re stuck choosing between at least two sportsbooks (and their offers).
Refer-A-Friend
We briefly mentioned this earlier, but most sportsbooks will not cover you simply for having a friend sign up. That is too easy. It’d be too easy for people to game the system.
Rather, most sportsbooks will want your friend to complete the terms of the deal they accepted and/or they will want you to roll over the money that they pay you for getting them to combine.
The Main Point The most important thing to take away from this section is to never take an offer without knowing what it takes to make it. Because there are some sportsbooks with completely absurd terms. Some are so poor that we encourage our readers to not accept them. Otherwise, you would never be able to cash out your winnings (because you’ll be forever stuck trying to roll over the bonus).
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Do not want a bonus or other promotion? Many sportsbooks will permit you to decline. Each sportsbook has another procedure for how to do this. At times you’ll need to email themwhile other times you can decrease it when you make your deposit. And when unsure, just take them an email before you make a deposit (because some sportsbooks apply their deposit bonuses automatically).
1 other thing — be sure that you read our reviews and comb through the sportsbooks terms and conditions. Occasionally we miss things. But because some sportsbooks have unique terms which other sportsbooks do not.
FOR EXAMPLE:
5Dimes offers reduced juice and rebates. But should you select one, you will not have the ability to get the other.
The point is, you don’t want to make a hasty decision. You ought to take a few minutes to completely understand the offer, do some math, and determine which offers you’ll make more cash from within the long run.
The wrong choice can cost you thousands of dollars…
Conclusion
In case we have not made it apparent, bonuses and bonuses are a great way to bring a little money to your”win” column.
(Or lower the quantity of money on your”missing” column)
However, no matter how good an offer looks, never forget that these are never 100% totally free. There’s always a catch — and it’s your job to grab it, whether by reading our reviews or studying the sportsbook’s terms and conditions.
(We recommend you do both to be on the safe side.)
But even though bonuses and rewards aren’t free, you should still take these seriously. Because with a little bit of research and a little bit of chance, the right offer can consume the cash that you spend gambling sports at the very least, and in rare instances put some excess dough on your pockets.
And I really don’t think anyone can complain about either of those outcomes.

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