When you sign up with a sportsbook, you may be able to take advantage of a welcome bonus, which may begin as soon as you make your first deposit. To make sure you get the maximum amount of bonus money, you should deposit a substantial amount. In addition, you should choose your first wager carefully. If you are a new player, you may want to take your chances on underdogs.
When you first sign up for an account at a sportsbook, you may be offered a sportsbook bonus. These bonuses are made to attract new customers. They are often the biggest promotions at sportsbooks. Some of them will give you a free bet when you register, while others will require you to make a deposit or wager a certain amount before you can receive your bonus.
Many online sportsbooks will offer welcome bonuses as a way to entice new customers. Some will even give you a bonus if you refer friends and family. While you are not bound to use the bonus, many sportsbooks will offer other promotions, such as boosted NFL odds, risk-free bets, and deposit-match bonuses.
Offers free bets
Sportsbooks often give out free bets as a way to attract new customers. The free bets can come in different forms, including new user sign-up offers, existing bettors promotions, and more. These offers often come with different terms and conditions, so be sure to read them carefully before placing any wagers.
Free bets can be used for a variety of purposes, including building your bankroll and trying out a new betting strategy. However, the free bets offered to existing users may not be worth the same amount as those given to new customers. For example, you can use a $10 free bet from BetMGM to make a lottery ticket parlay. However, if you’re a regular bettor, you should sign up with a few different sportsbooks to take advantage of their free bets.
Offers odds boosts
Offering odds boosts at your sportsbook is a way to increase your payout when you place a bet. These are usually offered on single contests or series of games, as well as on prop bets. The main goal of these boosts is to encourage users to place wagers that they might not otherwise make. The added odds make these bets even more attractive because the potential payout is higher than the listed odds. It is a win-win situation for users and sportsbooks alike.
Odds boosts can be found on a sportsbook’s NBA page or on its social media page. For example, sportsbooks will often offer odds boosts for basketball games if a player scores a certain number of points and his team wins. The wagering limits for this type of bet are usually small and can be easily reached by casual sports bettors.
Offers referral bonuses
If you’re a frequent bettor and want to earn some extra cash for referring friends and family, sportsbooks offer referral bonuses. Referral bonuses are often offered on top of the welcome bonuses for new customers. Referring a friend can be as easy as providing a unique referral link or code.
Referral bonuses are offered to new customers who make a qualifying deposit. To get your bonus, your friend must be a new member who deposits $10 or more and places a cash bet within a certain time period. Some sportsbooks have limits on the number of referrals they can accept, while others don’t specify any limits.