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Understanding Online Sports Betting Bonuses: What Are They?

What are Sportsbooks?

In simple terms, the word “sportsbook” is a place where you can place your sports bet. Most sportsbooks give you different sport options (such as soccer tournaments, baseball matches, and football games), but there are also others that offer only one type of sport. For instance, you can find hundreds of sportsbooks bookmarking only horse racing events.

Before the advent of the Internet, sports bettors go to “brick-and-mortar” sportsbooks. They either gather at a certain time on a certain day, and watch their favorite sport go live on TV. And if they are at the venue of the game, they can head directly to the place where they can both watch and place their wager. But when the Internet was introduced to the public, online sportsbooks started to mushroom. Some of these sportsbooks are still existing today, but others closed down.

What are Online Sports Betting Bonuses?

To lure sports bettors, online sportsbooks offer different kinds of betting bonuses. Depending on the online sportsbook, these bonuses vary in rates, forms, and names. To start redeeming these bonuses, one is required to open an account with an online sportsbook.

What are the Different Kinds of Sportsbooks Bonuses Offered Online?

Here is a list of the bonuses commonly offered by online sportsbooks.

1. Sign-Up Bonus

This bonus is given the moment you register and fund your new account. Rates vary depending on the betting site, but they range from an average rate of 20% and they can go as high as 50%.

2. Deposit Bonus

If you make an initial deposit, the online sportsbook can give you a bonus that can be 20% of your deposit. Also, if you re-deposit, you can be awarded with another bonus.

3. 100% Match Bonus

Online sportsbooks are very generous when it comes to their bonuses. This is a way of thanking their members for their loyalty. One of their most generous bonuses is called a Match Bonus, a bonus that matches your deposit to a full 100% rate. For instance, if you deposited $100, you will get a bonus of $100.

4. Free Bet Bonus

This type of bonus can be a complimentary bonus for signing up with an online bookmarker, or it can be an out-of-the-blue type of reward. As what the name tries to imply, this online sportsbook bonus comes in a wager that you can use for free.

Claiming and redemption of the above-stated bonuses depend on the betting site’s procedures. But rest assured that there are no complicated procedures in claiming as all you have to do is click on the right buttons.

Why Should You Not Go For Brick-and-Mortar Betting Sites?

Brick-and-mortar sportsbooks and betting places certainly have several advantages, but when it comes to bonuses, online betting sites certainly have better advantages.

For one, online sportsbooks are more generous in their bonuses. Since competition is stiff online, these online sites give out rewards, discounts, and other offers more often than brick-and-mortar sportsbooks. Second, online betting places don’t have complicated processes in claiming your bonuses. All you have to do is to click on the “claim” button. Third, it is very convenient to complete your wager online.

How to Bet Online

Nowadays, with the advancements in technology, online betting is already considered a popular activity. Betting on sports, poker, and casino games is now possible through online betting websites. Actually, even though this is already considered as a popular activity, there are still some regulations and prohibitions in each country. However, despite these regulations and prohibitions, it still remained to be a good type of recreation for people around the world.

Actually, online gambling is not the same as when you are inside the casino and you are betting. One of the most obvious differences is that when you bet online, you will never see the bookmaker or the croupier. You are provided with the prices and the odds directly online, so it is necessary to do online betting from a reputable website. Because online gambling involves money, it is very important that you are going to choose a website that is reputable and has a lot of positive feedback from other people. This will give you an assurance that the website is not a scam site.

If you are not quite sure about certain online bookmaking sites, the best thing that you can do is to check out various reviews from other people so that you will be able to determine if the website is safe or not. One of the most well known website for online betting would be IASbet. We have made a review for IASbet so that you can ascertain more information about this online betting site.

Another popular online betting website would be Tab. Tab provides a fast and reliable service, not to mention that the website is very easy to navigate. For more information about Tab we have a TAB review.

Generally, it is very necessary to check out various reviews first so that you would know whether the website is not a scam or if there are any complaints about the website or not.