Online sportsbooks offer a variety of ways for new players to get started betting with real money. Some of these are welcome and sign-up bonuses, while others are ongoing promotions like profit boosts, boosted odds bonuses, bet credit bonuses, and more. While most of these offers require a minimum deposit, they can provide players with a great start at betting online and give them some free money to play with while figuring out their betting strategy.
Welcome and sign-up bonuses are one of the most popular ways to begin betting at a sportsbook. These typically come in the form of bonus bets, which are credited to your account and can be used to place wagers right away. The amount of bonus bets you receive depends on the sportsbook and can range from a few dollars to tens of dollars. While these bets can be helpful, they do come with some terms and conditions that should be read and understood before you make use of them.
Another type of bonus is the refer-a-friend program. This is a simple way to reward players for recruiting friends and family to the site. In most cases, a registered user will be provided with a unique referral code that can be shared or distributed with others. When someone uses that code during the registration process and meets a sign-up and real-money wagering requirement, both the user and the friend will receive a bonus.
Some sportsbooks will also match the initial real-money deposit of a new player with bonus bets. This is a good way to encourage new players to keep wagering with the site and can increase a player’s bankroll by a significant amount. However, this type of bonus is often accompanied by a rollover requirement, which is the number of times you must bet your bonus amount before you can withdraw the original deposit amount and any winnings from those wagers.
The last type of bonus that some sportsbooks will offer is bet credit. This is a form of site credit that can be used to place wagers and has the same effect as cash when it comes to winning wagers. This is a great way to try out a betting strategy without risking any of your own money and can be used at a wide range of sportsbook markets.
There are other types of bonuses that sportsbooks will run from time to time, but these are the most common. If you’re looking to find a specific offer, be sure to check out our list of sportsbook bonuses. We regularly update it with the best available offers, so you can find the right bonus for your needs. In addition, be sure to check out our article on how to choose the best sportsbook for you. With so many sportsbook bonuses available, it can be difficult to know where to begin, but our guide should help you narrow down your options and find the perfect fit for your gaming style.