Bonus Meaning – Get Extra Money to Bet With Online

A sports betting bonus is a promotional prize. The online sportsbook gives bonuses to its customers for signing up, regularly depositing, and through other reward mechanisms like cashback prizes and free bet offers.

Many sportsbooks offer welcome deposit bonuses to new customers that sign up with the site for the first time. These offers are often in the percentage of your initial deposit.

For instance, you deposit $100 and claim the 100% first deposit bonus, so you get another $100 you can use to place twice as many bets on your favorite sports. Betting bonuses often come with specific wagering requirements.