Online sportsbooks offer a variety of welcome and ongoing promos for real money players. These may include profit boosts, odds boosts, reload bonuses, and player referral offers. These can be valuable, especially if you’re a newcomer to sports betting and are looking for an edge on your competition.
Bonuses are a common way for US sportsbooks to attract new customers. Most have wagering requirements that must be met before the bonus funds can be withdrawn. These requirements can be anything from a specific number of bets to a certain amount of time.
Most online sportsbooks will list the wagering requirements for their bonus offers on their promotions page. These requirements are important to understand before you deposit any bonus funds, as they will have an impact on the size of your winnings.
The lines experts at TheLines know that sign-up bonuses are a great way to give new sports bettors the chance to make some good wagers. They often come in the form of a sportsbook match, which means that a site will add a specified amount of free bet credits to a new account. However, they can also be in the form of risk-free bets, which offer a specific amount of cash back if a loser bet is placed.
These bonuses can help you win big, but it’s essential to check the terms and conditions carefully. They will generally have a rollover requirement, which is the number of times you need to bet your deposit amount before the bonus funds can be withdrawn. In most cases, you will have between seven and thirty days to meet these requirements.
Some sportsbooks will offer free bets to their existing customers as well. These can be used on a variety of markets, but are usually most lucrative when applied to MLB futures and other single-game wagers. Some of these promos will require a specific code, such as the BetMGM sportsbook promo code BONUSMGM, while others will simply have to be logged in to claim them.
While it is rare for a US sportsbook to offer a no-deposit welcome bonus, there are several that do. BetMGM is one of these, and it will give you up to $1,000 in free bets if you use the code PLAYBONUS when signing up. These can be used on a wide variety of sports markets, including in-play and live betting.
MyBookie is another top US sportsbook offering a no-deposit welcome bonus. It will match your first bet credit up to $250, but the free bets will expire in 30 days and have a 10x rollover requirement. In addition, the bonus will have the same wagering restrictions as a standard sportsbook signup offer. This isn’t the best sign-up bonus, but it’s still a decent way to get started with a new online sportsbook.