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One of the core differences between offline and online 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 choosing to bet online. With the right deal and a little bit of luck -- because you still have to create winning sports bets -- you are able to break , or maybe even walk a little bit richer. We know what you are thinking -- where do you register? But hold on a second. Move too fast and you might make a frequent rookie mistake: registering for an online sportsbook purely due to their promotions. That's a bad concept, and a surefire way to get ripped off. You want to make sure that the sportsbook you are interested in is licensed, controlled, and most importantly has a reputation for quickly paying their clients. It is possible to find these sportsbooks all on your own, but it might take you some time. And you would want to know what to search for, which not everybody does, judging with 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 testimonials to ensure you discover the perfect fit, then hit the"Visit Now" button to visit the site and get started. Rank Betting Site Deposit Bonus Get Started #1 22bet Logo 22bet 100% Up To $300 Visit Website #2 10Bet Sports Logo 10Bet Sports 50% Up To $100 Visit Site #3 Twist Sports Logo Spin Sports 100% Up To $200 Visit Website #4 Guts Sports Logo Guts Sports 100% Up To $100 Go to Website If you're new to this online betting thing, we highly advise that you read each of those sportsbook reviews. Not only will you learn about each sportsbook's betting markets, options, and limitations, but you can also compare bonus offers and conditions -- items we cover in more detail below. But first, let us address a question we are sure a lot of you have: Why Do Sportsbooks Offer This Stuff? Are you wondering why sportsbooks give money cash, product, and other"free" stuff? Since we would not blame you if your"if it seems too good to be true, it probably is" radar is going off. Relax -- this isn't a sham. Here are three reasons why sportsbooks provide these deals: 1 They would like to attract new clients. They offer deposit bonuses to entice you into making a deposit (since you may double or triple your starting bankroll). And they will use free bets to assist you overcome any fear or anxiety that you might have about placing a bet. What do you have to lose if they are reassuring to give your money back in the event that you lose? 2 To promote inactive clients to come back. Sportsbooks use offers to get bettors who have not placed a wager in a while back on the website. For instance, they will use a reload deposit bonus to get them to create another deposit if they drained their account balance. 3 To reward existing customers. Sportsbooks have VIP and cash-back programs to give you a little reward for being a loyal customer. For others, it's a little carrot to chase -- a reason to continue gambling (so you may unlock a reward). As you may see, sportsbooks have loads of great (and fair ) motives to provide bonuses and bonuses. It makes you come in the door and invest money with them. But do not think for a minute that you're pulling a fast one. You are not pulling the wool over anyone's eyes. Not whatsoever. Because each and every one of a sportsbook's provides include terms and conditions you have to meet before you can cash out. These terms make it extremely hard to turn a profit whilst on the sportsbook's dime. We are going to go into more depth about terms and conditions in another -- after we cover all the common bonuses and benefits you will encounter when gambling sports online. The Most Frequent Types of Bonuses and Promotions Sportsbooks Offer There are various kinds of promotions. However there are only a handful or two of common promotions you can depend on to find at virtually every sportsbook you encounter online. This is a list of the most common types of promotions, and also details about how they work. Free Bets Many sportsbooks provide free bets. Get $10 here or $50 there. But these aren't exactly what you think they are -- their headlines are misleading. Here's what we mean: When a sportsbook provides a free bet, they are not going to give you money to bet with. What they're offering rather is a"secure" bet. They're offering insurance. For instance, say you find an offer for a"free live wager around $50." Whenever you make your (first) live bet, if you lose, the sportsbook will reimburse you around $50. This deal only pays in the event that you lose. And if you win? Nothing happens. You'll accumulate your winnings and move on. The offer is finished. It is one of the bargains that's exciting and also a relief for some folks, while apparently pointless and anticlimactic for others. Reduced Juice Juice is another word for vigorish (vig), which can be another word for charges. Every sportsbook charges vig on the (losing) sports stakes. A reduced-juice promotion discounts how much vig you have to pay. By way of instance, a -110 line might become -105. This saves you 50% in fees, 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 then move up in (VIP) levels, as well as exchange your points for cash back, merchandise, and other perks. Sportsbooks with multilevel VIP programs are perfect if you plan to make lots of bets because these have a tendency to provide exclusive bonuses, rebates/insurance, product, expedited payments, and money back. Even better however, some multilevel VIP programs give points multipliers for moving up in levels. This means that you'll earn points at a slightly faster rate than the tier below you. Quite often, these same programs will increase the points-to-cash-back-ratio the higher up you go, too. This is similar to attaching a rocket to another rocket...attached to a different rocket, with the destination of a treasure chest full of money. In short, if you can find a legit sportsbook offering a VIP app like this, register quickly. Deposit Bonus Here is the most frequent of all online gambling offers. It is so common it should've been on our list. A deposit bonus is a game bonus -- an offer in the sportsbook to coincide with a portion of your deposit around a lot of bucks. By way of example, say you are given a 100% bonus up to $500. What this indicates is that for each $1 you deposit, the sportsbook will provide you $1. Deposit the whole $500 and you'll receive $500 from the sportsbook, for a grand total of $1,000. TOP TIP: Attempt to locate a sportsbook that offers a greater match percentage than 100%. By way of instance, if you discover that a 200% match bonus, the sportsbook will give you $2 for each $1 you deposit. You can quickly triple or quadruple your bankroll should you discover the right offer. We've seen casinos offer match bonuses as high as 400%! Reload Bonus These are equal to the deposit bonus, with two exceptions: They are for existing customers instead of new customers. They're somewhat smaller than deposit bonuses (maybe 90 percent 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 need to make a deposit to receive it. These are small amounts, somewhere between $5 and $50, and are promoted as a risk-free way to test their sportsbook. Mobile, Sport, Bet, Outcome, or Event-Specific Promotions We are lumping these offers together because they're the same thing. All these are offers -- generally a bonus or free wager -- for: Attempting their mobile betting platform. Often a free wager. Betting on a particular game. Betting on a specific event such as the Australian Open or Super Bowl. Make a specific sort of bet, such as an accumulator or parlay wager. A particular outcome, like a group scoring in the final minute of a game, or if both teams tie. And so Forth. You may get a little match bonus. Another frequent deal is that a complimentary $25 (insurance) bet. You might get reduced juice or even dime lines. These change quite a bit from sportsbook to sportsbook, and we noticed you'll find more of these at more legit sportsbooks which don't accept US players. Refer-A-Friend This deal is just as it seems -- refer"friends" to the sportsbook and you're going to get a finder's fee. The prices vary in size but are usually between $50 and $150. And you won't get paid until your friend creates a deposit, and sometimes, until they've cleared their deposit bonus. You won't know for certain before you read the fine print. Important! Ensure to Read the Fine Print All this discussion about free cash sounds great, doesn't it? Well, remember what we said earlier -- do not think for a minute that the sportsbook is doing this purely out of the goodness of the hearts. Ha! Do not make us laugh. Sportsbooks are a business out to make a profit. Never forget that. Now, this isn't to say that bonuses and rewards are bad. We are not saying that at all. However, what we would like to make very clear is that you're not likely to earn money off the rear of those offers. Some people will. Most individuals won't. And that is because each and every deal has conditions and terms -- many of that force you to wager and risk your own money before you can request a cashout. Bearing that in mind, here are the most common terms and conditions to look out for. Rollover or Playthrough Prerequisites These usually apply to deposit and reload bonuses. Nonetheless, it is a good idea to anticipate them if you're given cash to gamble with. The idea behind the rollover requirement is simple -- the sportsbook wants you to bet your bonus so many times before you can cash out. As an instance, say the rollover is 10x on a (100% match) $500 bonus. ) This usually means you should wager $5,000 before they'll let you cash out. Best TIP: Some rollover terms will apply to the total of your bonus and deposit. Using the identical example from above, you would have to bet $10,000 before you could cash out. If you try to cash out before fulfilling your rollover requirements, many sportsbooks will simply say"no." Others might void your winnings or take back your bonus cash. If you wish to participate in a deposit or reload bonus offer, 1 thing that you ought to look at and compare between sportsbooks is the rollover requirement. Lower is generally better -- a 5x playthrough is far better than 10x. But always, ALWAYS double check if it is only on the bonus, or whether it's about the bonus and deposit. It might mean that you have to do some math to know which is better -- or read our reviews. TOP TIP: You also wish to test for a deadline. Most sportsbooks (and poker and casino rooms) will inflict a period you want to finish the offer inside. Any incentive money you don't clear in time will expire. All things being equal, the longer you need to clear the deal, the better. Betting Requirements Another term a few sportsbooks have is about what you can or can't bet on, or exactly what the minimal odds will need to be. By way of example, maybe you can wager on soccer, but only if it's not prop or parlay stakes. Or you can bet on football, but it ought to be bets with odds of 1.75 or higher. Cashable Bonuses If 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 gambling only. You can cash out your winnings (if any), but you can not cash out the bet. Others, like deposit and reload bonuses, are fully cashable once you meet the rollover requirements. This isn't a huge deal, but it might play a part in your decision if you're stuck choosing between two or more sportsbooks (and their supplies ). Refer-A-Friend We briefly mentioned this sooner, but most sportsbooks won't cover you simply for having a friend sign up. That's too simple. It would be too simple for people to game the system. Instead, most sportsbooks will either want your friend to finish the terms of the offer they approved or they'll want you to roll on the money that they pay you for receiving them to join. The Bottom Line The most important point to take away from this section is to never take an offer without understanding exactly what it takes to make it. Since there are a few sportsbooks with completely absurd terms. Some are so poor that we promote our readers to not accept them. Otherwise, you'd never be able to cash out your winnings (because you will be eternally stuck trying to roll over the bonus). Best TIP: Don't need a bonus or other marketing? Most sportsbooks will permit you to decline. Every sportsbook has another procedure for how to do this. Sometimes you'll want to email themwhile other times you're able to decrease it when you make your deposit. And if unsure, simply take them an email before you make a deposit (because some sportsbooks apply their deposit bonuses mechanically ). One other thing -- be sure to read our reviews and comb through the sportsbooks terms and requirements. Sometimes we overlook things. But also because some sportsbooks have unique terms that other sportsbooks don't. FOR EXAMPLE: 5Dimes offers reduced juice and rebates. But if you select one, you won't be able to acquire the other. The point is, you don't wish to make a hasty decision. You ought to take a few minutes to fully understand the deal, do some math, and figure out which offers you'll earn 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 apparent, bonuses and bonuses are a fantastic way to add a little cash to your"win" column. (Or lower the quantity of money in your"missing" column.) But, no matter how great an offer seems, never forget that these are never 100% free. There is always a catch -- and it's your job to catch 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 though bonuses and bonuses aren't free, you still need to take these seriously. Because with a small bit of study and a small bit of chance, the ideal offer can absorb the money that you spend betting sports in the least, and in rare instances put some extra dough on your pockets. And I don't think anyone can complain about either of those outcomes. Read more: more details