Risk-free bets are among the most popular signup bonuses offered by online sportsbooks. If you place a bet and lose it, the sportsbook will give you money back in the form of bonus cash, site credit, or a free bet. Usually, the amount of money back is equal to the first bet you place at the sportsbook.
Prop bets
You can place prop bets at sportsbooks. This is a type of bet in which you wager on the outcome of a certain event that will happen during the game. Some prop bets are based on the outcome of the game or the final score, while others are based on certain team or individual player milestones.
Moneyline bets
If you’re new to sports betting, one of the best ways to get started is by placing moneyline bets at a sportsbook. This type of wager is the most common and attracts the most wagers each year. These types of wagers usually have low limits and are available at most sportsbooks. However, you should check the odds and limits before placing a moneyline bet.
Parlays
A parlay is a bet in which you make multiple bets on one ticket. When each leg wins, the winnings roll over into the next leg of the bet. Using a parlay is a great way to increase your payout. However, you should be aware that parlays are not for the faint of heart.
Spread bets
Spread bets at sportsbooks can be profitable if you understand how they are calculated. Unlike straight wagers, spread bets are based on the difference in the total points between two teams. These bets are typically indicated by a plus or minus sign. A plus sign means the spread is 0.5 points higher than the total points, while a minus sign means the spread is lower than the total points.
Boosted odds bonuses
Boosted odds bonuses at sportsbooks increase the payout potential on your wagers. These bonuses can increase your winnings by 10 percent to forty percent. Boosted odds are especially beneficial to new bettors. However, it is important to read the terms and conditions of any bonus before placing a bet. In addition, boosted odds bonuses may be applicable only for certain games or sports.
Offshore sportsbooks
Offshore sportsbooks are an excellent place to wager on various sporting events. They offer a variety of promotions and bonuses that you can use to boost your bankroll. Offshore sportsbooks offer betting options on popular sports such as MLS and European leagues as well as less popular competitions.