Looking for the best sportsbook bonus? Nowadays, sportsbooks that don’t have exclusive promotions and lucrative welcome bonuses for their newly registered customers, but also to their regular players, can’t expect anything good.
It became an industry standard to offer an exciting welcome offer to the newly registered customer. And to keep giving in order to secure that player will stay and play at the selected sportsbook.
Despite the fact that you will get all sorts of offers from your selected sportsbook, it is essential to know which bonus and promotions are good to take.
So, if you want to be able to find the right sports betting bonus. You need to consider important factors like wagering (rollover) requirements, time limits, and odds restrictions.
This article will help you learn what you are looking for, so you will be able to spot the perfect opportunity and choose the sports betting bonus and promotion that best suits your needs.
Three Most Important Things to Consider
Before you decide to pick a specific bonus or promotion, you will need to know the three most important things about this kind of sportsbook offers. Every bonus will have wagering or rollover requirements, and most of them will have odds restrictions and specific time limits. If any of these terms seem unfamiliar to you, we urge you to read our How Bonuses Work article. Now we will talk about these factors that can make a distinction between great and not so great sportsbook bonus offer.
Understanding of rollover requirements
If you are a recreational or novice bettor, then it isn’t smart to go for big bonus offers. It sounds unreasonable at first, but if you look at the rollover requirements that come with big bonuses, you will see that only serious bettors, who stake large amounts can clear those rollover requirements fast.
So, our advice to all new or recreational bettors is to target bonuses and promotions that come with smaller wagering requirements (maximum 5x). That way, you will be able to meet those requirements without a need to push yourself over your comfort zone. And if you start pushing yourself into betting more than you are comfortable, you can either lose all of your money or even develop a gambling addiction.
Odds restrictions can be tricky
It is important to understand the odds restrictions before you accept any offer from your selected sportsbook. Many sportsbooks place these restrictions on their bonuses, and if you don’t know how to take advantage of those restrictions, meeting the restrictions can be rather hard.
For example, if your sportsbooks set minimum odds rule, it means that your bet will not count in rollover requirement if you didn’t place high enough odds on your wager.
In general, odds restrictions are rather easy to understand, but for some bettors, those requirements can be rather challenging, if their betting strategy is to place low odds wagers.
Time Restrictions can be a Tricky Requirement
Some sportsbooks place time restrictions on their bonuses and promotions. There are several types of time restrictions, as some books will state that you need to met requirements in 30 days, or you can’t withdraw your funds until a certain time of your bonus has been claimed pass.
Our suggestion is always to find the bonus without a time limit, as the last thing you want to see is that your bonus funds will vanish just because the time limit has passed.
Conclusion
In the end, it is always smart to read reviews of selected sportsbooks before you decide to register. In objective and unbiased reviews, you will be able to see all the pros and cons of the entire sportsbook, and in those reviews, you will be able to find the rollover requirements of any given bonus and promotion. That way, you will be able to make an informed decision before you claim any bonus.
FAQ
Rollover requirements, aka wagering requirements, stipulate bettors to wager a certain amount of money before they can move bonus money to real money account. Every bonus or promotion that sportsbooks give to their customers has wagering requirements.
Reload bonus is the type of bonus that sportsbooks give to their customers when they make second, third, and sometimes even on fourth deposit. Reload bonuses are available at both online casinos and sportsbooks. It is essential to know that reload bonuses come in different shapes. Some sportsbooks give reload bonuses to their players only when they lose all of their initial funds, and others provide this kind of bonuses even while players still have money on their accounts.
It is essential always to read the Terms and Conditions of every single offer you get from your sportsbook. Reading those, you will know if some offer is good enough, and is it smart to take it. Some bonuses and promotions look nice on paper, but when you read T&Cs, you will see that they have unrealistic wagering requirements or some other unfair rule.