If you ever bet offshore, you may have felt a little deceived when you tried to withdraw money after receiving a sign-up bonus, only to find out you need to to hit a rollover requirement. Just click 'more info' or 'view terms' under each promotion, and the rules should be clearly laid out.

You can navigate these nuances by using the BetMGM Bonus code to try them out.

Big dollar amounts catch people's attention, even though they likely won't end up with anywhere near that amount. Almost no one gives site credit anymore.Īlways read the fine print and make sure you understand the promotions at each book, as sportsbooks aren't always being malicious with their marketing, but I'd argue they're intentionally vague. Site credit: Site credit is the same as bonus bets but better because you get the stake back from those wagers.Again, if you lose those bonus bets, you have nothing to show for your deposit match. So if you deposit $200 and it's a 25% deposit match, they’ll give you another $50 in bonus bets. Deposit match: BetMGM offered a deposit match in the past.Then if you lose that bet, suddenly you have nothing to show for your supposedly 'risk-bonus bet' - which is why books have had to move away from the term risk-free. But if the bet loses, you get credited in bonus bets - so you need to bet and win using those bonus bets to get the actual cash back in your account. But to realize the full $1,000, you need to deposit $1,000. First bet on the house or 'no sweat' first bet: FanDuel sometimes offers a 'no sweat' bet up to $1,000.These bets are the most common promo - anything like 'bet $5, win $200' is $200 in bonus bets. Bonus bets: You can bet with this money, and if you win, it turns into real cash, but you don't keep the bonus bet itself.Most books don't give away this kind of bonus money anymore, unless you're signing up for their online casinos. This comes in smaller increments like $10 or $25, so if you do take it and run, the book isn't losing much. Actual money: It's cash in your account you can bet or withdraw.I'll explain why in a bit.įirst, let's get into the differences of each promotion type because the terms all sound so similar. There are a few different ways, but bonus bets should always be used on underdogs or anything plus-money. So how can you use them to build your bankroll? Sportsbooks hand out hundreds of dollars in bonus money to capture your attention and wallets, especially if you've never signed up there before.

Betting apps that give sign up bonus