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Online Sportsbook bonuses are popular and almost a requirement for any sportsbook. Bettors now look for websites that give them the most attractive promotions with the least amount of requirements to obtain it. However it is very important not to simply join a online sportsbook because of it’s big bonus, but also verify that it has a solid reputation and will actually pay you when you win!
For the newbie to online sports betting that is not familiar with watch dog sites or online sportsbook scams here is the down and dirty of it. A Sportsbook bonus is a percentage of the amount of money you deposited after you signed up for a new player account. Most legit bonuses range from 10-50%, and can be free plays or cash in your account.
Free plays allow the bettor a free bet on any given game or games (if you use it in a parlay or other type of multi-team bet). If you win, you win only the win amount and the free play goes away. For example: if you played a $55 free play on a given game you would only receive $50 back.
Cash bonuses are placed in your account just like the rest of your funds, but generally require you to rollover the amount deposited 2-5 times in order to be able to withdrawal your full balance or forfeit any cash bonus amount.
Other important options to look at are the redeposit option and reduced juice. Re-depositing allows you free play or cash bonuses if you deposit again after your initial deposit. Line format can save you money with each bet placed. If a sportsbook offers dimelines you pay 10% juice on anyone bet. Reduced juice sportsbooks offer less then 10% and generally in the 5-8% range saving you 5% on each and every bet. Betonline Sportsbook is the leader in reduced juice and highly reviewed around the web.
Be sure and stay away from companies offering 100% deposits, the rollover requirements are almost impossible to meet and/or the book itself maybe a scam and you will never see a dime of your deposit. For great reviews from an internet watchdog visit BangTheBook.com for detailed reviews and sportsbook forum to discuss with other online gamblers.
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