Besides the standard bets, a sportsbook can also offer you a variety of bonus offers. These include Free bet credits, Refer-a-friend bonuses, Odds boosts, and deposit match bonuses. A sportsbook bonus can give you a chance to win real money and reduce your risk when making new bets. In addition, live betting bonuses, a relatively new development, can boost your odds while the game is still going on.
Odds boosts for sportsbooks are promotions offered by sportsbooks that increase the payouts on specific bets. The purpose of these boosts is to encourage people to place more bets and increase their winnings. Although these boosts have some benefits, they can also lead to a few disadvantages.
For example, a half-point difference in the line can mean big ramifications. Hence, a team that needs to win by nine points has a lower risk than a team that only needs to win by eight points. On the other hand, a team that needs to win by just one point will give you a profit, even if you bet wrong.
Free bet credits
Free bet credits at sportsbooks come in many forms. Some offer a small amount of free bets while others require a deposit. All sportsbook promotions have various restrictions that must be adhered to. Most offer no more than $5 in free bet credits, while larger amounts require a deposit.
Some sportsbooks offer free bets as a way of attracting new customers. Free bets may be awarded when a bet loses in a certain manner, or they may be given out as an incentive for depositing money with the sportsbook. These free bets are not exclusive to new users. They also reward active users with free bet credits. As a result, it is important to register with multiple sportsbooks so that you’ll be more likely to receive these promotions.
Deposit match bonuses
Deposit match bonuses at sportsbooks are a great way to boost your bankroll quickly. These bonuses can be worth up to 20% of the amount you deposit. However, you should remember to read the bonus terms carefully. Some sportsbooks offer higher match bonuses than others. If you’re new to betting, deposit match bonuses can be a good way to test the waters and boost your bankroll.
Sportsbooks offer bonuses to lure new customers, including deposit match bonuses and free bets. Many of them will match a certain percentage of your first deposit while others will match the entire amount. These bonuses can be worth anything from free bets to site credits, and it’s important to check the terms and conditions.
Special event bonuses
Sportsbooks often offer bonuses to bettors on specific events. These may be odds boosts, free bets, or parlays. They may also offer bonus odds for a certain event, such as the Super Bowl. However, you need to shop around to find the best bonus odds for an event.
In order to claim these bonuses, bettors need to register with a sportsbook. This can be done via a desktop, mobile, or web browser. Sportsbooks often have a section where users can enter a promo code during the registration process.