Sportsbooks are a great way to enjoy betting on your favorite sports. However, not all sportsbooks are created equal, so it is important to read reviews and find the best one for you.
The first thing to look for in a sportsbook is the bonus they offer new customers. These can range from a 100% deposit match to risk-free bets. Some of the better online sportsbooks also offer bonuses to existing customers, too.
BetMGM, FanDuel and WynnBET all offer risk-free bets worth up to $1,000 for new customers.
Refunds and Parlay Insurance: Many sportsbooks offer refunds on parlays that meet certain conditions. These can be in the form of cash, site credit or a combination of both.
Referral Bonuses: Some sportsbooks reward you for referring friends to them. These bonuses vary in value and come with their own terms and conditions, so be sure to check them before you sign up.
Be sure to use your bonus funds within a specified time frame, or they will be forfeited. This can be a week, 14 days or 30 days and will be clearly stated on the sportsbook’s website.
Having multiple accounts: Some bettors like to have a handful of accounts at different sportsbooks, thereby spreading the money thin. This allows them to bet smaller amounts on a particular market at one book, but more substantial amounts at another.
The best way to avoid being limited by your sportsbook is to spread your bankroll across several top rated books. This will allow you to bet much larger amounts than a single account could afford, and it’s a smart move in a competitive sports betting market.