Whether you bet on sports at an online sportsbook or a retail sportsbook, there are some common features you’ll find. Online sportsbooks accept a variety of deposit methods, including Visa, MasterCard, PayPal, PayNearMe, Skrill, and VIP Preferred (eCheck).
One of the most popular online sports betting promotions is the first-deposit match bonus. This is when an online sportsbook matches your initial deposit up to a certain dollar amount.
Other sportsbook bonuses include reload bonuses, odds boosts, and risk-free bets. Each offers different pros and cons. A reload bonus is a site credit that is awarded to customers as they replenish their account balance. Some reload bonuses are deposit matches, while others are free bets on specific markets.
Regardless of the type of bonus offered, all sportsbook bonuses have specific terms and conditions. These can include wagering requirements, dollar limits, and time limitations.
Sportsbooks offer bonuses to encourage new and existing customers to register with their sites. These bonuses are meant to lower the risk for new players, but they also reward existing customers for referrals. Most sportsbooks will give registered users unique referral codes. These codes allow registered players to earn free betting credits when they refer others.
Some sportsbooks offer special boosts during the Stanley Cup playoffs. Some sportsbooks offer parlay insurance, which will cover your bet if your team wins.
In addition to sign-up bonuses, sportsbooks offer ongoing promotions. These promotions include odds boosts, deposit match bonuses, and player referral bonuses.