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%.