Every online sportsbook offers a different sign up bonus for new players. However, there are some other things the smart players will consider when choosing which online sportsbook bonuses to take advantage of. Your basically looking for the perks offered by a particular sports book to gain you as a loyal player. Let's take a look below at some of the different bonuses and perks that are offered by various sportsbooks online.
This is a bonus where a sportsbook will match your first deposit up to a certain amount, usually a percentage of your first deposit. Players need to pay attention whether the bonus offer is a freeplay or a straight cash bonus. Here is an example of a free play bonus:
FreePlay Sportsbook Bonus Offer
First Deposit = $1,000
Free Play Bonus Offer = 20% up to 1,000
So by depositing $1,000 at this particular sports betting site you will receive a 20% free play bonus of $200.
Cash Sports Book Bonus Offer
First Deposit = $1,000
Cash Bonus Offer = 20% Up To $1,000
So by depositing $1K here you would earn a $200 cash bonus on your first deposit.
Difference Between A Freeplay Bonus And A Cash Sportsbook Bonus Offer
Now using the above examples, one might conclude they both of the bonus offers are equivalent. However this is not the case because a cash bonus is instant and usually added to your players account when the deposit is confirmed. Meaning if you deposited $1000 as per our example you would have $1200 real cash money to bet with in your sports book account. Now if you receive a free play bonus what happens is they put this $200 in a separate free play bonus account, and in order to turn it into real cash you would need to actually bet the $200, win the bet and you would then have the $200 available as real cash. So in summary, your actually only getting a 10% bonus if they offer you a 20% freeplay, compared to the 20% cash that gives you the whole $200 instantly in your betting account.
Most if not all internet sportsbooks offer a reload bonus for players in the red. If your winning or just made a withdrawal you will not be eligible for this bonus.
Some book makers offer free half points on a particular day as a perk for their loyal players. For some heavy hitters this can be the difference in playing at one book versus another. It's a big deal and a nice perk so it should be given some consideration.
Some online sportsbooks offer what is referred to as reduced juice. In short, instead of paying the standard 10 cent juice, you might only pay 5 cents at one of these sports books offering reduced juice. Again, this can make a real difference between winning and losing at the end of the season when choosing an online sports gambling site to play.
There are several online sportsbooks that offer cash back bonuses on your net losses up to 3 times a year. This can range anywhere from 5% up to 20% cash back and is a nice shot in the arm after taking a beating during a bad season.
You can earn big dividends by playing with sportsbooks that have a good comp program. In short, you will be earning points based on the amount of money you bet. You can then redeem these comp points for real cash or free play bonuses and the more you bet, the more you earn. Now it doesn't matter if you win or lose the bet, you earn points for the amount of money you lay down.
Some books offer free withdrawals once a month, once a week ect... This is just another thing to keep in mind when deciding where to give your loyalty to.
Pay attention to what contests are available at each different online sportsbook bonuses. Some offer weekly pickem contests for nfl and ncaaf and they have big money up for grabs. I didn't think this was a big deal until I scored $5K in the seasonal pickem score a few years back.
In summary, you can see how many different sportsbook bonuses and perks you need to consider when looking at betting sports online. And don't forget to pay attention to the rollover requirements attached to each sportsbook bonus offer you take advantage of. Just shop around until you find a sports book that offers the perks that are important to you. Just don't get sucked into an online sports book bonus that you think is great, but in reality they are not so great because of the rollover requirements or the absurd charges and fees for withdrawals. Just try to have the nuts friends, it only makes sense and if you want to roll like the wise money then you need to learn how to have the nuts in every step of the process, not just knowing who to bet on. Read our detailed online sports book reviews if you want more information on the most trusted sports wagering sites online.
