Sportsbook Free Bet: Top 10 Best Ways to Use Sportsbook Bonuses

With the rapid expansion of legal sports betting across the United States, new sportsbooks are popping up constantly. This creates fierce competition to attract bettors with enticing sign-up bonuses and ongoing promo codes. But how do you make the most out of these sportsbook offers? This comprehensive guide reveals the 10 best ways to maximize value from sportsbook bonuses and promo codes.

Sports betting is more popular than ever now that online free sportsbooks make wagering quick and convenient. But the rising competition also means greater opportunity for bettors to capitalize on lucrative bonus offers. The key is understanding the different types of bonuses and promos so you can optimize them.

Best Bonuses

BetOnline

$250 in Free Bets

$250 Free Bet

Bovada

$750 Bonus - Tons of Betting Options

$750 Bonus

BetAnything

150% Bonus - Reduced Juice

150% Bonus

What Kinds of Sportsbook Bonuses Exist?

Sportsbooks provide a wide range of bonuses to attract and retain customers. Here are some of the most common types of offers:

Deposit match: The sportsbook matches a percentage of your first deposit, usually from 50% to 100% up to a maximum amount.

Risk-free bet: Place your first bet risk-free up to a specified amount. If you lose, you get a refund in site credits.

Bet credits: The sportsbook provides a fixed dollar amount in bet credits when you sign up. These act as cash to place additional wagers.

Free bets: These typically come in the form of a single free bet or multiple free bets. They give you one or more risk-free bets up to a set amount.

Referral bonus: Get bonus funds for referring friends who sign up and deposit.

Promo codes: Special promo codes unlock bonuses like enhanced odds, profit boosts and rebates for placing certain bets.

Loyalty rewards: Ongoing reloaded bonuses, free bets and other rewards for frequent bettors.

10 Best Ways to Use Sportsbook Bonus Funds

Now that you know the main types of bonuses, here are tips to maximize their value:

1. Compare Bonuses Across Sportsbooks

Never take a sportsbook bonus without first doing comparison shopping. Some offers have more favorable terms than others regarding deposit requirements, wagering requirements, bonus caps, expiration rules, and more. Always go for the most advantageous promo terms.

2. Optimize Deposit Size For Maximum Bonus

Some sportsbooks limit how much bonus money you can earn on your deposit. Make sure to deposit enough to earn the full bonus funds allowed. There’s no sense in missing out on free bet credits.

3. Look For Low Wagering Requirements

Lower playthrough or wagering requirements mean bonus funds convert to withdrawable cash faster. Seek out offers with just 1X requirements rather than 5X or 10X.

4. Use Free Bets For Underdogs And Boosted Odds

When you get a risk-free bet or free play, use it on longer odds to maximize potential payout. Also target enhanced odds boosts which increase the free bet's value.

5. Find Bonuses With Short Expiration Dates

Some bonuses expire after just a week, while others give you 30 days or more. Prioritize using short-term offers quickly so you don’t miss out on the extra funds.

6. Use Bet Credits For Your Highest Confidence Bets

Since you didn't deposit your own cash for bet credits, use them on your most surefire wagers. This converts the bonus into real winnings you can withdraw.

7. Take Advantage of Reload Bonuses

Many sportsbooks offer frequent reload bonuses for existing customers. Opt in to these regularly to perpetually benefit from extra betting funds.

8. Don't Forget About Referral Bonuses

Take advantage of lucrative referral promotions to score easy bonus money. Just get friends to sign up using your custom link.

9. Use Promo Codes For Enhanced Odds and Free Bets

Check sportsbook promos regularly for special one-time codes. These unlock valuable promotions like profit boosts, enhanced odds for big games and free bets.

10. Withdraw Once You Meet Wagering Requirements

Once your bonus clears betting requirements, make sure to cash out your winnings. Never leave extra funds at risk trying to win more. Withdrawing is the best way to ensure you bank the bonus value.

Key Takeaways on Making the Most of Sportsbook Offers

Compare competing sportsbook bonuses and promos to find the most favorable terms.

Deposit the max amount needed to earn full bonus funds.

Prioritize bonuses with low 1X wagering requirements.

Use free bets and bet credits on boosts, parlays and underdogs.

Act fast to use short-term bonuses before expiration.

Opt in for reload bonuses to keep earning additional funds.

Don't forget referral bonuses for getting friends to sign up.

Check promo codes regularly for enhanced odds and free bets.

Withdraw winnings promptly once clearing wagering to bank the bonus value.

By following these tips, you'll gain a big betting edge using sportsbook bonuses and ongoing promo offers. The extra funds dramatically boost your chances to win, so make sure to take full advantage!

FAQ's

I (AKA CatBurg) have a lifelong passion for sports, especially football and basketball. I enjoy the thrill and excitement of sports betting and everything in between. My teams are (Packers #GoPackGo) and who I am betting on!