Sports betting is a competitive industry and sportsbooks work tirelessly to win your business. To do this, they often offer free bet credits; typically these are given to newcomers who make qualifying deposits and can be redeemed for site credit or cash.
Bonus offers can include risk-free bets and parlay insurance policies, usually reserved for new customers but sometimes extended to existing members as part of daily promotions.
Online sportsbooks offer free bets
Online sportsbooks often offer welcome bonuses with free bets (also called bonus bets). This can be an excellent way to start free betting on sports, and could even net you real cash without having to risk your own funds. Each free bet may contain different terms and conditions so it is wise to read carefully prior to placing one.
Free bets are often reserved for new sign ups; however, some sportsbooks also provide existing customers with limited time or amount free bets as part of ongoing promotions. Free bets may come with certain restrictions such as meeting certain wagering requirements before you can withdraw winnings from these free offers.
Bonus bets and bet credits have an expiration date, so it is wise to utilize them quickly. It is also a good idea to compare odds across markets in order to find the optimal line – something experienced sportsbetting may find beneficial as it could make the difference between profit and loss; that is why using an odds comparison tool before placing any bet is always recommended.
They offer risk-free bets
As a new sports bettor, risk-free bets offer the perfect way to familiarize yourself with online betting – often limited to certain dollar amounts for maximum convenience.
Some sportsbooks will refund losing risk-free bets as site credit, while others provide cash refunds instead. It’s wise to take advantage of either option, especially if winning wagers can help cover losses and increase profits.
Risk-free bets are an attractive feature at many US legal sportsbooks, yet they differ from deposit match free bets in that they do not provide bonuses requiring players to wager it several times before withdrawing it.
They offer parlay bets
Many sportsbooks provide promotional giveaways of free bets as part of their giveaway promotions, which may take the form of either tokens or bonuses of specific amounts if their bet wins. This offer typically has a higher monetary cap than deposit match bonuses and often has an expiration date as well.
Register for a VIP program with your sportsbook to take advantage of free bets, such as money-back free bets on losing wagers or risk-free bets for future games. This option can be particularly beneficial to those with limited bankrolls but want to test their sports betting acumen.
There are also sportsbook promotions that allow you to place parlay bets. For instance, certain sites allow a pre-packaged NBA regular season moneyline parlay with three teams (e.g. Rams-Warriors-Avalanche). This provides an effective way of increasing winnings on high-risk bets while other promotions may feature profit boosts on random events or parlays that add an additional percentage to winnings.
They offer live streaming
Online sportsbooks often provide live streaming of various events to give bettors an opportunity to view the action before placing their bets. While quality can differ greatly between sites, the top ones have proven their reliability in protecting customers with authentication and data encryption protocols as well as employing security experts in order to thwart malicious agents.
Live betting sites typically provide all major North American and European leagues as well as basketball, baseball, hockey, golf and horse racing for live wagering. Furthermore, many sites feature real-time tracking to show which player currently has possession of the ball on a particular field.
To stream live events online, all that’s required is an internet connection with an average speed and an account at your sportsbook. Most websites list technical requirements on their Help or FAQ pages if uncertain; otherwise contact customer service beforehand for guidance.
