However, that money cannot be simply withdrawn as cash.Īs an example, if a bettor wagers $10 of free money and profits $10, they will have gained $10 that they can later cash out. Sportsbooks will offer a set amount of free money once bettors make a deposit that they can use to wager on whatever they wish. Free betįree bets are arguably the least complicated type of sign-up bonus. Getting acquainted with each of these bets is a great way to conquer any newcomer anxiety and decide where to begin. But popularity means options, and options can be overwhelming.Įntering the space as a newbie bettor can be especially daunting when every sportsbook worth its salt is throwing out varying sign-up bonuses to incentivize potential customers to choose their platform.Īs it turns out, however, there are several common types of welcome offers that prospective bettors are most likely to come across. As markets continue to open their doors, legal sports betting is skyrocketing in popularity.
