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Promotions and Bonuses at Online Sportsbooks

Sportsbooks offer bettors a variety of promotions and bonuses to attract new customers and encourage existing ones to keep betting. These perks can range from free cash to extra deposit matches and more, but most come with terms and conditions that must be met before they’re redeemed.

Line Shopping & Spreads

A big benefit of betting online is the ability to shop around for odds that match your wagering strategy. This enables you to maximize your returns.

In addition to odds, you can also check the spreads of a game or event before you place your bet. These are set by the bookmaker and vary based on probability.

You can also take advantage of parlays, which combine multiple outcomes on a single bet. These bets can pay out higher amounts than individual selections, but you’ll need to be right on all of your bets to win.

Bonus Bets and First-Bet Insurance

The best sportsbooks offer a variety of bonuses for new and existing customers. These perks often come in the form of a deposit match, which means that your first deposit is matched with site credit. This is a great way to test out a betting site without risking any money.