Don’t look now, but the online sports betting industry is growing like never before. It’s currently worth more than $75 billion—and the thought is that it could be worth upwards of $170 billion within the next decade.
This is great news for all the sports bettors out there because it has led to an influx in the total number of online sportsbooks. It has also forced these online sportsbooks to compete with one another, which is why it’s so easy for sports bettors to secure online sportsbook bonuses.
Before you begin betting on sports through one particular online sportsbook, you should set out to find the best online sportsbook as far as bonuses are concerned. By doing this, you’ll get access to the best sportsbook bonuses in the business.
Here are eight tips that will help you track down the best online sportsbooks in terms of bonuses.
1. Start by Coming Up With a Long List of Online Sportsbooks
To see which online sportsbook bonuses are available to you, you’re going to need to know which online sportsbooks will be options. It’s why you should jumpstart your search for online sportsbook bonuses by generating a long list of your various options.
Google “online sportsbooks” and you should see a whole host of different online sportsbooks appear. It would be worth jotting all of their names down so that you can look into each one further.
Far too often, sports bettors will simply just select the first online sportsbook that they can find. But you’re going to be asking for trouble if you do this. Listing all the different online sportsbooks that you can use will give you a great overview of which sportsbooks you should check out from the beginning.
2. Read Reviews for Online Sportsbooks
Once you’ve compiled a long list of different online sportsbooks, you should try to read as many reviews for each of them as you can. You’ll be able to find a bunch of reviews for online sportsbooks in one place by visiting a site like https://www.bookmakersreview.com/best-sportsbooks/.
Many of the reviews that you find will touch on what it’ll be like for you to place sports bets at different sportsbooks. But some of them will no doubt also talk about which kinds of online sportsbook bonuses you can expect to get from these sportsbooks.
You might be able to compare all the various online sportsbook bonuses that are available on a site like the one we just mentioned. It’ll make it so simple for you to see which online sportsbooks currently have the best bonuses in place.
3. Look at the Different Online Sportsbook Bonuses for Yourself
Outside of reading reviews for online sportsbooks to see what kinds of bonuses they offer, you should also visit the sportsbooks themselves. Since the bonuses that online sportsbooks extend to customers change all the time, this is the most effective way to get the latest bonus terms.
More often than not, most online sportsbooks will have their bonuses posted right on their homepages. They should be the first things that you see when you take a trip to online sportsbooks.
Don’t be shy about spending an hour or so visiting as many online sportsbooks as you can. It’ll arm you with all the information that you could ever need about online sportsbook bonuses.
4. Check Out the Terms Attached to Bonuses From Online Sportsbooks
One thing that’s worth remembering when you’re comparing different online sportsbook bonuses is that not all bonuses will have the same terms attached to them. It’ll be important for you to read through these terms to see which online sportsbooks really have the best bonus systems in place.
There are some online sportsbooks that will promise to give you up to $1,000 (or more!) back in bonus cash if you lose your initial bets with them. But there might be some stipulations in place that’ll prevent you from collecting that much money. It’s what makes reading through the bonus terms so imperative.
You’re also usually going to have to play through any bonus money that you receive from online sportsbooks a certain number of times before it converts to real cash. This is another thing you should keep in the back of your mind as you compare online sportsbook bonuses.
5. See How You’ll Be Able to Use Online Sportsbook Bonuses
When an online sportsbook provides you with a bonus, there is a chance that they might limit the ways in which you’re able to use it. For example, you might only be able to place straight bets with bonuses as opposed to parlay bets or teaser bets.
So while you’re reading through the terms for online sportsbook bonuses, you shouldn’t be afraid to sneak a peek at how you’ll be able to spend them. Otherwise, you might end up getting your hands on a bonus and then realizing that you can’t use it in the way you want to.
6. Make the Most of Online Sportsbook Bonuses
When sports bettors get bonuses from online sportsbooks, they don’t always take them seriously enough. They’ll sometimes put in sports bets that come with super long odds simply because they look at their bonuses as free money.
You’re welcome to do this if you want. But you might be flushing free money down the toilet if you don’t put enough thought into how you’re spending your bonus money.
Rather than using bonus money to try to hit a bet that has long odds, you should attempt to use it to build up your bankroll steadily. This is the best way to make the most of the online sportsbook bonuses that you’ll receive.
7. Find Out If Online Sportsbook Bonuses Will Expire
After you receive online sportsbook bonuses, you might be a little bit hesitant to use them. You won’t want to just waste your bonuses on bets that you don’t love because you have them.
But at the same time, you also won’t want to hold onto your online sportsbook bonuses for too long and have them expire. That’s exactly what might happen, though, if you don’t pay attention to the expiration dates on bonuses.
Most online sportsbooks try to avoid having their bonuses floating around out there in the world for too long. So they’ll place expiration dates on them and force people to use them within a certain time frame.
Fortunately, you should usually get at least a few days, if not a few weeks, to put online sportsbook bonuses to good use. But there are some that will expire much sooner than that, so you should always make sure you check the expiration date on bonuses before doing anything else.
8. Obtain Online Sportsbook Bonuses From Numerous Sportsbooks
Almost every single online sportsbook will give new players bonuses that they can use. Sportsbooks can’t afford to not do this since they have so much competition these days.
With this in mind, you shouldn’t hesitate to try to score as many online sportsbook bonuses as you can. You should sign up for a variety of online sportsbooks in the coming months and obtain bonuses from each of them after creating accounts with them.
By taking this approach, you’ll be able to pad your pockets with so much bonus money. Before long, you might have a very healthy sports betting bankroll that you can use.
Signing up for dozens of different online sportsbooks might not be the most convenient thing in the world. But you’ll find that it will be well worth it once you have all kinds of bonus money flowing in regularly.
As an added bonus, you’ll also come to appreciate the fact that all of this bonus money will help you learn the ins and outs of sports betting without forcing you to spend a small fortune. Even if you lose all of the bonus money, it’ll still be worth its weight in gold in the end.
Go Start Your Search for Online Sportsbook Bonuses Now
It’s not going to be all that difficult for you to find online sportsbook bonuses. As we’ve alluded to several times now, almost every online sportsbook has put a bonus system in place.
But it’s going to be your job to get out there and find every online sportsbook bonus that you can. You’ll be passing up on the opportunity to collect free money if you don’t do this.
Get more great gambling-related advice by poking around on the rest of our blog and reading through our sports betting articles.