If you’re looking to get into sports betting, a great place to start is with online sportsbooks. These websites are legal and regulated in most states, offer reliable payouts, and have solid security measures in place to protect your personal information.
Signing up for a new sportsbook account is quick and easy. Just provide your first and last name, last four digits of your social security number, and a valid email address to get started.
Understanding Betting Odds
The odds at online sportsbooks are a key factor in determining whether a bet is profitable or not. Typically, American odds are used, but Decimal options are also available.
Bonuses and Promotions
Most online sportsbooks offer promotions to attract users. These can include deposit-match bonuses, wager-match bonuses, and odds boosts. Generally, these offers require a minimum bet to qualify for the bonus.
First Bet Bonuses
A first bet bonus is a popular type of promotion at US-friendly online sportsbooks. These offers match the first bet made by a new player, and can have a maximum value of $500. Some sites will even add odds boosts and profit boosts to these offers.
Parlay Insurance
Another common refund offer is parlay insurance, which gives you back your bet if one leg of your parlay fails. This refund can be offered in the form of a site credit or as a second chance Bonus Bet.
Contests/Prize Draws
Leading sportsbooks like DraftKings, BetMGM, and FanDuel offer contests and prize draws to their customers. These free-to-enter pools allow players to win Bonus Bets by answering questions about upcoming sporting events.