Understanding Sportsbook Bonuses
In today’s online betting industry, almost every sportsbook is offering bonuses to attract new patrons. As a sports betting enthusiast, you want two things, low juice and great bonuses. It is what put the industry on the map, and continues to help it flourish. While most of the elite betting shops have deserted the low juice high bonus marketing structure, many maintain their great bonus offers. Here is a look at the three most common sportsbook bonuses.
- Free Play -Free play bonus is code for free money offered by the sportsbook. As a new bettor you want to find a sportsbook that offers a
free play, as you can use their money when testing out the shop. For example, BetOnline offers you a 30 percent free play on a $1000 deposit.
What this essentially means, is that you now have $1300 in your account, yet you can only withdraw $1000 of it. The reason for this is that the 30
percent free play has turned into $300 of free play. You may use it to test out the system and keep the winnings from it, but can never withdraw that
$300 outright.
- Match Play Bonus – A match play in essence is a bonus in which the sportsbook matches what you deposited into their site. For instance, you
deposit $100; the sportsbook will then give you $100 in match play, making your account $200. Yet it is important to note, that the same rules as a
Free Play are involved in a Match Play bonus. Meaning you can’t withdraw their $100 match outright, but can collect the winnings from using it on your
bets.
- Cash Back Bonus - Basically a cash back bonus is how it sounds, you receive cash back every time you make a deposit.
