How Do Sportsbook Bonuses Work?
Let’s see here…it seems that you want to skip the appetizer, pass right over dinner, and pummel your face with decadent deserts. Well, who am I to argue. This is the internet; you can practically get away with murder. The best American sportsbooks have the best ever bonuses and you want to know how they work. This piece is going to spoil you rotten with information that will have your mouth watering, your wallet yearning, and your mouse-a-clicking.
No self-respecting online sportsbook only offers the odds with no spices. No matter how fast the lines come in, a book without perks is a book without many members. We have plenty of information all over this site about picking the best spot for your wagering pleasure, and you can be sure that all of them offer many excellent bonuses. This page is going to describe what bonuses are, why they exist, how they work, and how you can take full advantage of them.
The question of why is quite plain to see; the internet is a battleground. Anyone with a few bucks and a good developer can ostensibly start a sports betting site, as long as they are in legal territory to do so. Luckily, most of these small startups don’t last very long because the big dogs have cornered the market. This is good for us, because it makes it easier to find a great site, and avoid the mediocre ones.
To get to the point of the question, The best American online sportsbooks offer bonuses so that members join, and also so they stay. They make sure to offer welcome promotions that will reward you for signing up and making a first deposit, and they also offer perks that keep rewarding you throughout your life. We review a handful of web-based bookmakers because we can’t pick just one as our favorite. They each offer amazing bonuses that will reward you again and again.
Bonuses come in all shapes and sizes. The first two types you will come across are also possibly the most rewarding. These are the first deposit bonus and the reload rewards. The first deposit, or welcome bonus, will add a certain amount of extra cash to your bankroll the first time you load your account. This is an excellent way to get to know the sportsbook inside and out and make some initial wagers without risking too much money. The reload reward works similarly, except that it awards you for every qualifying deposit you ever make.
Another great bonus that is specifically for sports fans is usually called reduced juice. This cuts down the amount of the vig, or vigorish, which is the amount that the house takes on every bet. This is the kind of bonus that makes online books so much better than land-based venues in my opinion. If you bet a lot, this reward will save you tons in the long run.
To round out the most popular bonuses, we come to free-plays. These are sort of like refunds for trying out certain features of the sportsbooks. All of the sites that we will show you offer mobile betting and live/in-game wagering. These are special perks for players, and the sites will reward you for trying them out. If your first bet loses with either mobile betting or in-game wagering, they will refund you a certain amount. That’s some great incentive to take full advantage of the American sports betting site that you join. There are other rewards you will find, such as the refer-a-friend bonus, but we don’t want to ruin all of the surprises. Check out the promotions page of the site you are on to see everything that is in store for you.
Now that we have your juices flowing, we are going to kind of pull the proverbial rug out from under you. Not really, but this is where you need to pay attention because you might not want to opt for every bonus you come across. Most promotions that offer you free money will come will rollovers. These are stipulations that you must fulfill in order to receive the extra cash. A rollover means that you must wager the bonus amount, along with the deposit amount, a certain number of times before the rewards become available. For instance, a bonus might have an 8x rollover requirement. This means that you must wager the entire amount eight times before you can withdraw your bonus. Some promotions will deliver your cash in increments, while others will give you the whole shebang once you have satisfied the mandates. Rollovers exist so greedy players don’t try to grab some bonus cash without wagering anything, then cancel their accounts with a bunch of free money in tow.
Another thing you will come across is promotional codes. Some bonuses require you to send in a code via email, or there will be a place in the online cashier to enter it. This is so the site will know which bonus you want to take part in, as there are usually many to choose from. Some American sportsbooks will allow you to use numerous bonuses at once, but most only let you choose one at a time. Make sure to check for a promo code when you are picking out your bonuses, or else you might not get it!
Another reason for promo codes is to give you the option of whether or not you want to take part in a bonus. Since most rewards have requirements you must meet, you may not want to bother with all of them. For instance, if you don’t feel like you will wager enough to receive the welcome bonus, you may want to skip it. Every bonus will depend on how much work you want to put in, and not every one is worth it for all players. Read the rules and terms for each promotion, and decide for yourself whether it will benefit you or not.