How do online sports betting bonuses work?
football betting

There is a lot of competition out there in the online sports betting industry, so sportsbooks offer what are known as "bonuses" to get you to wager with them as opposed to another online bookmaker or even a land based casino. These bonuses are basically free money that the sportsbooks will give you for signing up with them and making a deposit.

How Do Sports Betting Bonuses Work?
All online sports books offer some type of bonus, usually these are anywhere from $250 to $2,500. The bonus will be worded something like this "100% up to $1,000", what this means is any deposit you make up to $1,000 will be match by the sportsbook and deposited directly into your account. If you decide you want to deposit more than $1,000, that is not a problem, but the sportsbook will only match $1,000 of that.

What are the Restrictions?
You could have probably already guessed that the sportsbook is not going to let you make a deposit, then give you $1,000 free and let you withdraw it all on the spot. Before you can withdraw the match bonus that the sportsbook has given you must first meet a play through requirement that has been set by each individual sportsbook. This is usually means you have to wager 3x-5x the amount of the bonus plus you initial deposit amount, before you can withdraw the money that the sportsbook has given you for free. Be sure to read the terms and conditions associated with the bonus at each different site.

What are the best Sports betting Bonuses?
There are quite a few nice online sportsbook bonuses, we will just pin point a couple for you. Visit our Online Sportsbooks Bonus List for a complete overview of each online bookmaker's bonus. We highly recommend Oddsmaker.com for betting on sports. They offer a first time deposit bonus of up to $1,000. To receive the Oddsmaker bonus all you need to do is follow a link on this page to Oddsmaker.com, enter Promotion Number AFF20P2020 when registering your account.
The other is 5dimes.com. 5dimes is one of the most trusted books on the web, they have been around since 1998. They offer a 50% match up to $520, to get the 5dimes bonus, you will need to follow this 5dimes.com link and register an account. Once you have done this you need to contact 5dimes support within 24 hours to request your bonus. Give them the referral 5Dimes Bonus Code "AF000603" and your bonus will be automatically added to your account!

 

Related Articles:
What is Juice in Sports Betting?
What is a Teaser Bet?
What is a Money Line Bet?
What is a Parlay Bet?
What is a Straight Bet?

Other Recommended Sportsbooks

Sportsbook
Deposit Bonus
How to Get Bonus
Sportsbetting.com
Intertops.com
5Dimes.com