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One of the core differences between online and offline sportsbooks are the bonuses and rewards. You can get tens of thousands of dollars in free bets, deposit bonuses, rebates, and VIP applications by simply opting to bet online. With the ideal offer and a bit of luck -- because you still have to create winning sports bets -- you are able to break even, or maybe even walk away a little bit wealthier. We know what you're thinking -- where do you register? But hold on a second. Move too fast and you might earn a frequent rookie mistake: registering for an online sportsbook purely due to their promotions. That's a poor idea, and also a surefire way to get ripped off. You need to be certain the sportsbook you are considering is licensed, regulated, and most importantly has a reputation for quickly paying their clients. You can discover these sportsbooks on your own, but it may take you some time. And you'd want to know what to search for, which not everybody does, judging by all the"I have been ripped off; what can I do?" Forum threads. The simpler approach -- not to mention the quicker approach -- is to join one of those sportsbooks we recommend below. Read our reviews to make sure you discover the perfect fit, then hit the"Visit Now" button to head to the site and get started. Rank Betting Website Deposit Bonus Get Started #1 22bet Logo 22bet 100% Up To $300 Go to Site #2 10Bet Sports Logo 10Bet Sports 50% Up To $100 Go to Site #3 Spin Sports Logo Spin Sports 100% Up To $200 Visit Site #4 Guts Sports Logo Guts Sports 100% Up To $100 Visit Website If you are new to this internet betting thing, we highly recommend you read every one of those sportsbook reviews. Not only will you understand about each sportsbook's betting markets, choices, and limitations, but you might also compare bonus offers and terms -- things that we cover in more detail below. But first, let's address a question we are sure a lot of you have: Why Do Sportsbooks Offer This Stuff? Are you wondering why sportsbooks give away money, product, along with other"free" stuff? Since we would not blame you if your"if it seems too good to be true, it's" radar is going off. Relax -- this isn't a sham. Here are 3 reasons why sportsbooks offer these deals: 1 They would like to attract new customers. They provide deposit bonuses to lure you in making a deposit (since you can double or triple your starting bankroll). And they will use free stakes to help you conquer any fear or anxiety that you may have about placing a bet. What do you need to lose if they are reassuring to give your money back in the event that you lose? 2 To encourage inactive customers to return. Sportsbooks use offers to get bettors who have not placed a wager at a while back onto the website. For instance, they will use a reload deposit bonus to get them to make another deposit whenever they drained their accounts balance. 3 To reward existing clients. Sportsbooks have VIP and cash-back apps to offer you a small reward for being a loyal customer. For others, it's a tiny carrot to chase -- a motive to continue betting (so you can unlock a reward). As you can see, sportsbooks have loads of good (and fair ) motives to offer bonuses and bonuses. It makes you come from the door and spend money with them. But don't think for a moment that you are pulling a fast one. You're not pulling the wool over anyone's eyes. Not whatsoever. Since each and every one of a sportsbook's offers come with terms and conditions you have to fulfill before you can cash out. These terms make it extremely hard to turn a profit while on the sportsbook's dime. We'll go into more detail about conditions and terms in a second -- once we cover all of the bonuses and rewards you will encounter when betting sports online. The Most Frequent Types of Bonuses and Promotions Sportsbooks Provide There are various kinds of promotions. However there are just a few or two of promotions that are common you can trust to find at virtually every sportsbook you come across online. This is a list of the most frequent kinds of promotions, and also information about how they work. Free Bets Most sportsbooks offer free bets. Get $10 here or $50 there. But these aren't what you believe they are -- their headlines are misleading. Here's what we mean: When a sportsbook offers a free bet, they're not likely to give you cash to wager with. What they're offering instead is a"secure" bet. They're offering insurance. As an instance, say you find an offer for a"free live bet up to $50." When you make your (first) live bet, should you lose, the sportsbook will reimburse you up to $50. This offer only pays if you lose. And if you win? Nothing happens. You will collect your winnings and move on. The offer is finished. It's one of the deals that is exciting and also a relief for some folks, while seemingly useless and anticlimactic for many others. Reduced Juice Juice is just another word for vigorish (vig), which is another word for charges. Every sportsbook charges vig on the (losing) sports stakes. A reduced-juice marketing discounts how much vig you have to pay. For example, a -110 line could become -105. This saves you 50 percent in charges, which can add up over dozens of bets. VIP/Cash Back Many novels will award you points for every $1 or $10 you bet. The objective is collect points so you can later move up in (VIP) degrees, in addition to market your points for cash back, merchandise, and other perks. Sportsbooks with multilevel VIP programs are perfect if you're planning to make a lot of bets since these have a tendency to provide exclusive bonuses, rebates/insurance, product, expedited payments, and cash back. Even better yet, some multilevel VIP programs give points multipliers for moving up in levels. This means you'll earn points at a slightly faster rate than the grade below you. Often times, these very same programs will increase the points-to-cash-back-ratio the higher up you go, too. This is like attaching a rocket into a different rocket...attached to a different rocket, with the destination of a treasure chest full of money. In short, if you're able to locate a legit sportsbook offering a VIP app such as this, register fast. Deposit Bonus This is the most common of online gaming offers. It's so common that it should've been first on our list. A deposit bonus is a game bonus -- an offer from the sportsbook to match a percentage of your deposit up to so many dollars. For example, say you're given a 100% bonus up to $500. This means is that for every $1 you deposit, the sportsbook will provide you $1. Deposit the whole $500 and you'll get $500 in the sportsbook, for a grand total of $1,000. TOP TIP: Attempt to find a sportsbook that provides a greater match percent compared to 100%. By way of example, if you find a 200% match bonus, the sportsbook will give you $2 for each $1 you deposit. It's possible to quickly triple or quadruple your bankroll should you find the perfect offer. We've seen casinos offer match bonuses as high as 400%! Reload Bonus These are equal to the deposit bonus, together with two exceptions: They're for existing customers instead of new customers. They're smaller than deposit bonuses (maybe 90% of the period ). No-Deposit Bonus A no-deposit bonus is money that the sportsbook provides you once you sign up -- and you usually don't have to make a deposit to get it. These are small quantities, somewhere between $5 and $50, and are marketed as a safe approach to test their sportsbook. Mobile, Sport, Bet, Outcome, or Event-Specific Promotions We're lumping these offers together because they are all the same thing. All these are offers -- generally a bonus or free bet -- for: Attempting their mobile betting platform. Often a free wager. Betting on a specific game. Betting on a Particular event such as the Australian Open or Super Bowl. Create a specific type of wager, such as an accumulator or parlay wager. A specific outcome, such as a group scoring in the final minute of a game, or if both teams tie. And so Forth. You might find a little match bonus. Another common bargain is a complimentary $25 (insurance) bet. You may get reduced juice or even dime lines. These change quite a bit from sportsbook to sportsbook, and we detected you will find more of them at more legit sportsbooks that don't accept US players. Refer-A-Friend This deal is just as it seems -- refer"buddies" to the sportsbook and you'll find a finder's fee. The prices vary in size but are usually between $50 and $150. And you won't get paid until your buddy makes a deposit, and sometimes, until they have cleared their deposit bonus. You won't know for sure before you read the fine print. Important! Ensure You Read the Fine Print All this talk about free money sounds great, does not it? Well, don't forget what we said earlier -- do not think for a moment that the sportsbook is doing so only out of the goodness of their hearts. Ha! Do not make us laugh. Sportsbooks are a business out to make a profit. Never forget that. Now, this is not to say that incentives and rewards are bad. We're not saying that at all. But what we would like to make really clear is that you're unlikely to earn money off the back of these offers. Some individuals will. Most people won't. And that's because every single deal has terms and conditions -- most of that force you to wager and risk your money before you can request a cashout. With that in mind, here are the most common conditions and conditions to look out for. Rollover or Playthrough Requirements These generally apply to deposit and reload bonuses. Nonetheless, it is a good idea to anticipate them whenever you're given money to gamble with. The idea behind the rollover requirement is straightforward -- the sportsbook wants you to bet your bonus so many times until you can cash out. As an instance, say the rollover is 10x on a (100% match) $500 bonus. ) This means you should bet $5,000 before they will allow you to cash out. Best TIP: Some rollover terms will apply to the total of your bonus and deposit. Using the same example from above, you'd need to wager $10,000 until you can cash out. If you try to cash out before fulfilling your rollover requirements, many sportsbooks will just state"no." Others might void your winnings or take back your bonus cash. If you wish to participate in a deposit or reload bonus deal, one thing you should take a look at and compare between sportsbooks is the rollover requirement. Lower is usually greater -- a 5x playthrough is better than 10x. But always, ALWAYS double check if it is only on the bonus, or if it is about the bonus and deposit. It may mean you need to do some mathematics to know that's better -- or see our reviews. Best TIP: You also wish to check to get a deadline. Most sportsbooks (and poker and casino rooms) will impose a timeframe you need to complete the offer within. Any bonus cash you do not apparent in time will expire. All things being equal, the longer you have to clean the offer, the better. Betting Requirements Another term some sportsbooks have is about what you can or can't bet on, or exactly what the minimal odds need to be. By way of example, maybe you can wager on football, but only as long as it's not prop or parlay bets. Or you can bet on football, but it ought to be bets with odds of 1.75 or higher. Cashable Bonuses When it has to do with deposit, reload, or no-deposit bonuses, it pays to learn if they are cashable or not. Some bonuses, frequently no-deposit bonuses, are for betting only. You can cash out your winnings (if any), but you can't cash out the bet. Others, such as deposit and reload bonuses, are fully cashable when you meet the rollover requirements. This isn't a big deal, but it may play a role in your choice if you're stuck choosing between at least two sportsbooks (and their offers). Refer-A-Friend We briefly mentioned this sooner, but most sportsbooks will not pay you simply for having a buddy sign up. That is too simple. It'd be too simple for people to game the system. Rather, most sportsbooks will either want your buddy to complete the details of the deal they accepted and/or they'll want you to roll over the money they pay you for getting them to join. The Bottom Line The most important thing to take away from this section is to never take an offer without knowing what it takes to earn it. Since there are a few sportsbooks with absolutely ridiculous terms. Some are so bad that we encourage our readers to not accept them. Otherwise, you would never have the ability to cash out your winnings (because you'll be eternally stuck attempting to roll over the bonus). TOP TIP: Don't want a bonus or other marketing? Many sportsbooks will let you decline. Each sportsbook has a different procedure for how to do this. Sometimes you will need to email them, while other times you can decrease it once you make your deposit. And when in doubt, simply take them an email prior to making a deposit (because some sportsbooks use their deposit bonuses automatically). One other thing -- make sure to read our reviews and comb through the sportsbooks terms and conditions. Sometimes we miss things. But because some sportsbooks have unique terms which other sportsbooks do not. FOR EXAMPLE: 5Dimes offers reduced juice and rebates. But if you choose one, you won't be able to acquire the other. The point is, you do not wish to make a hasty decision. You ought to take a few minutes to fully understand the offer, do a little math, and figure out which offers you are going to make more money from within the long term. The wrong choice can cost you thousands of dollars... Conclusion In the event we haven't made it clear, bonuses and bonuses are a great way to bring a little money for your"win" column. (Or reduce the amount of money in your"missing" column.) But, no matter how great an offer seems, never forget that these are not 100% free. There is always a catch -- and it's your job to grab it, whether by reading our reviews or studying the sportsbook's terms and conditions. (We recommend you do to be on the safe side.) But even though bonuses and rewards aren't free, you should still take them seriously. Because with just a small bit of research and a small bit of luck, the right offer can consume the cash that you spend betting sports at the very least, and in rare cases put some excess dough in your pockets. And I don't think anyone can complain about both of those results. Read more: talkbasket.net