What You Need to Know Before Making Your First Deposit at a Sportsbook
Unlike sharps, most armchair sports fans aren’t trying to make a living betting on sports, so the highest limits and sign-up bonuses may not be as important to them. Instead, these fans can focus on things like great sign-up bonuses, easy credit card deposits, and a wide variety of prop bets. In this article, we’ll discuss what you need to consider before making your first deposit with a sportsbook.
Site credit is better than free bets
If you’re not sure which type of bonus to choose, consider site credit instead. Site credit is similar to free bets, but it has no specified increments. For instance, if you have $100 in site credit, you can wager it once for $100 or use it to make 50 separate $2 wagers. The difference lies in the way the bonus is issued. Some sportsbooks issue site credits before a wager, while others do not offer bonus money until you wager it.
Rollover rates vary depending on sportsbook
When a sportsbook offers a welcome bonus, you should know that the amount you can withdraw will depend on how many times you’ve wager the bonus funds. Depending on the sportsbook, rollover rates can vary from two to four times. If you’ve received a $30 bonus, for example, you’ll have to wager $90 to qualify for a withdrawal. That may not seem like a lot, but it adds up quickly and can ruin your betting experience.
Deposit bonuses are important
Sportsbooks offer different deposit bonuses. Welcome bonuses are intended to attract new customers by offering too-good-to-refuse promotions. Some match a certain percentage of the first deposit, while others offer free bets. Many welcome bonuses will even multiply your winnings on the first bet. The William Hill signup bonus is the standard in the market, but not every sportsbook will do this. New customers are only allowed to claim these bonuses once.
Grand salami bets are added to a competition
Whether you’re looking for a way to increase your winnings or you’re simply a baseball fan, Grand Salami bets are a fun way to test your knowledge. This prop bet takes into consideration individual totals for each team on any given day, the starting pitchers for each team, and other factors. It is an excellent way to get involved in an entire slate of games. In addition, online sportsbooks often include Grand Salami bets for major league sports as well.