Getting extra money added to your account for doing nothing is great for your bankroll. There are many different types of sportsbook bonuses out there that you should be aware off. As the old saying goes, if it looks too good to be true, it usually is. Beware of sportsbooks that offer an unusually high bonus. Normal bonus ranges anywhere from 10-25 percent. Anything higher than 30% should warrant an immediate red flag.
Rollover, or the amount of times a sportsbook requires you to play your deposit should also be taken into consideration. Some sportsbook only need you to play your deposit amount at least 1 time before you can make a withdraw while others require you to play as much as 8 times or more of your deposit. If you deposit $100, that means you would have to put into wager $800 in a 8 times rollover before withdrawing or else the sportsbook bonus is forfeited. Outlined below are a few of the most popular types of bonuses given out today by most sportsbooks.
Sticky Bonus
A sticky bonus is a bonus that gets deposited into your account but must be returned upon withdrawal. You are allowed to use the bonus to place wagers with but when you are ready to withdraw your money, you give back the bonus. An example would be you deposit $500 and get a $100 sticky bonus to make $600. You bet and bring your balance up to $1000. When you withdraw, you return $100 and cash out $900. Very few sportsbooks use this type of bonus.
Match Bonus
A match bonus is a bonus that you have to wager first and win before it gets deposited into your account. If the bet wins, they deposit an amount equal to the match bonus into your account. If you lose, nothing gets put into your account. In actuality, you are getting a half bonus or worth half as much as a cash bonus. About 50% of all sportsbooks use this type of bonus.
Reputation
There is nothing better than listening to what real players have to say about their personal experiences with an offshore sportsbook. Take the time to read the positives and negatives and make your final judgement. Keep in mind that there may be unbiased reviews from people who will schill for the sportsbook.
Cash Bonus
A cash bonus is the best bonus and is a bonus that gets deposited into your account immediately after your deposit. A cash bonus is worth 2x a match bonus. Most sportsbooks require you to wager a certain amount or “rollover” your deposit a certain amount of times before you can withdraw your bonus. Be sure and check their rules on bonus rollover. You will find about 50% of the sportsbooks use this type of bonus.