Bovada Sportsbook Review- Legit or a Scam ? $250 Signup Bonus
You can get hundreds of dollars in free bets, deposit bonuses, rebates, and VIP programs simply by choosing to bet online.
With the right offer and a little bit of luck — because you still have to make winning sports bets — you can break even, or maybe even walk away a little bit richer.
But hold on just a second.
Move too fast and you might make a common rookie mistake: signing up for an online sportsbook purely for their promotions.
You can find these sportsbooks on your own, but it might take you a while.
The easier approach — not to mention the faster approach — is to join one of the sportsbooks we recommend below.
Here are three reasons why sportsbooks offer these deals: 1 They want to attract new customers.
They offer deposit bonuses to entice you into making a deposit because you can double or triple your starting bankroll.
Sportsbooks have VIP and cash-back programs to give you a little reward for being a loyal customer.
As you can see, sportsbooks have plenty of good and honest reasons to offer bonuses and rewards.
It gets you come in the door and spend money with them.
The Most Common Types of Bonuses and Promotions Sportsbooks Betting bonus sites There are betting bonus sites types of promotions.
But there are only a handful or two of common promotions you can trust to find at nearly every sportsbook you come across online.
The following is a list of the most common types of promotions, and details about how they work.
Free Bets Most sportsbooks offer free bets.
This offer only pays if you lose.
And if you win?
Reduced Juice Juice is another word for vigorish vigwhich is another word for fees.
Every sportsbook charges vig on the losing sports bets.
A reduced-juice promotion discounts how much vig you have to pay.
For example, a -110 line might become betting bonus sites />This saves you 50% in fees, which can add up over dozens of bets.
The objective is collect points so you can later move up in VIP levels, as well as exchange your points for cash back, merchandise, and other perks.
Even better yet, some bar paddy power bonus VIP programs give points multipliers for moving up in levels.
Often times, these betting bonus sites programs will increase the points-to-cash-back-ratio the higher up you go, too.
This is like attaching a rocket to another rocket…attached to another rocket, with the destination of a treasure chest full of money.
In short, if you can find a legit sportsbook offering a VIP program like this, sign up fast.
Deposit Bonus This is the most common of all online gambling offers.
A deposit bonus is a match bonus — an offer from the sportsbook to match a percentage of your deposit up to so many dollars.
Top Tip: Try to find a sportsbook that offers a higher match percentage than 100%.
You can quickly triple click quadruple your bankroll if you find the right offer.
Often a betting bonus sites bet.
You might get a small match bonus.
You might get reduced juice or dime lines.
Sportsbooks are a business out to make a profit.
With that in mind, here are the most common terms and conditions to watch out for.
Rollover or Playthrough Requirements These usually apply to deposit and reload bonuses.
The idea behind the rollover requirement is simple — the sportsbook wants you to wager your bonus so many times before you can cash out.
If you want to participate in a deposit or reload bonus offer, one thing you should look at and compare between sportsbooks is their rollover requirement.
Lower is usually better — a 5x playthrough is better than 10x.
It might mean you have to do some math to know which is better — or read our reviews.
Top Tip: You also want to check for a deadline.
Many sportsbooks and casino and poker rooms will impose a timeframe you need to complete the offer within.
All things being equal, the longer you have to clear the offer, the better.
Or you can bet on football, but it needs to be bets with odds of 1.
Some bonuses, often no-deposit bonuses, are for betting only.
Others, such as deposit and reload bonuses, are fully cashable once you fulfill the rollover requirements.
Refer-A-Friend We briefly mentioned this earlier, but most sportsbooks will not pay you simply for having a friend sign up.
The Bottom Line The most important thing to take away from this section is to never accept an offer without knowing what it takes to earn it.
Because there are some sportsbooks with absolutely ridiculous terms.
Some are so bad that we encourage our readers not to accept them.
Most sportsbooks will let you decline.
Each sportsbook has a different process for how to do this.
And if in doubt, simply commit jackpot bonus amounts pity them an email before you make a deposit because some sportsbooks apply their deposit bonuses automatically.
One other thing — make sure to read our reviews and comb through the sportsbooks terms and conditions.
Sometimes we miss things.
For Example: 5Dimes offers reduced juice and rebates.
However, no matter how good an offer looks, never forget that these are never 100% free.
We recommend you do both to be on the safe side.
Because with a little bit of research and a little bit of luck, the right offer can absorb the money you spend betting sports at the very least, and in rare cases put some extra dough in your pockets.
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Betting Sites Available In Canada. Whether you’re placing a weekly wager on NHL Hockey or looking for some value in the European Football markets we’ll provide impartial and detailed reviews of the most popular sportsbooks in Canada.
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