You may be gifted a free bet as soon as you sign up as a new member, or you may have to make an initial wager in order to unlock the perk.
The terms here will vary from site to site. Free Betsįree bets are exactly what they sound like: an opportunity to place bets on the bookie’s dime. You may have to enter a bonus code to activate the deal (250MATCH in the case of BetRivers) and a minimum deposit may also be required. If you join up and deposit, say, $100, BetRivers will give you another $100 to wager with. A great example is the ‘100% up to $250’ welcome offer at BetRivers. With this popular bonus type, a percentage of the money you pay into your sportsbook account will be matched in bonus credits by the bookie, up to a maximum amount. You should also check when the bonus expires, whether there are minimum odds stipulations for wagers you make using bonus funds, and if there are maximum win caps and playthrough requirements. Using certain deposit methods might not let you access the promos at some sportsbooks, for example.
Of course, bonuses come with terms and conditions attached. Sign up offers and bonuses are one of the most popular ways to do this and, while these vary between operators, there are plenty of deals to try out. As more sportsbooks open across US states, operators will need to give bettors an incentive to bet with them, rather than competitors.