2010 Sportsbook Signup Bonuses

A sign up deposit bonus is a percentage of your deposit or other valuable or cash award paid to an online bettor when they do business with a specific online sportsbook. The most common kind of sign up deposit bonus pays the bettor a percentage of their deposit back, usually after they make a certain number of bets. This bet requirement is known as a "rollover" -- to earn the bonus, you have to "rollover" your bankroll a certain number of times before you earn your money.

The percentage deposit bonus is hardly the only kind of promotion you'll find at online casinos. There are many ways to earn money for betting online -- referral bonuses are a big part of the promotional package at online sportsbooks. Simply refer a friend, and you earn a percentage of their first deposit as a bonus. Some sportsbooks offer free play tokens just for signing up, usually small amounts like $20 or $30 handed to you by a sportsbook in order to convince you to do business with them. There are also reload bonuses available that pay bettors a percentage of their reload deposit as a bonus. These come with rollover requirements as well, at least at most online sportsbook sites.

Other promotions offered by online sportsbooks are things like free bets, cash added to a bet, invitation only tournaments, and even free stuff like vacations, cars, and shopping trips. The best thing about these promotions is that any bettor at any skill level can use them. You don't need to be a sports fanatic or heavy hitter in the betting world to qualify for bonuses at online sportsbooks.

Why Do Online Sportsbooks Offer Bonuses?

Online sportsbooks are competing for your money. In order to entice you to drop coin at their websites, they run special promotions and offer bonus packages to attract your business. The benefit of sign up deposit bonuses for online bettors is obvious -- you can easily stretch your bankroll by taking advantage of promotions offered by sportsbooks. The benefit for the sportsbook is the number of customers that will do business with a sportsbook based solely on the deposits and referral bonuses they can earn.

The sportsbooks offering sign up bonuses are operating on the old "give a little to get a little" principle. Yes, sign up deposit bonuses are a way to earn more business, but they are also an easy way for a sportsbook to welcome you as a customer. The idea is to reward you for signing up and to give you a little extra cash so you can spend some time at that book to see if you like the way they do business. For many online bettors, this "free money" makes them a better sportsbook customer, encouraging them to spend a little more than they normally would. Even though it is easy to see right through these "bonus" offers, you should still take advantage of what is offered.

Here are some of the best sportsbook promotional offers currently available:

Choosing a sportsbook to bet with is like wearing boxers or briefs -- different people are looking for different features. Maybe a website's interface is of utmost importance to you, or their reputation or longevity in the industry. For many bettors, the amount of free stuff you can earn from your online book is the most important factor, and the smart money says you should spread your online betting around a number of different sites to take advantage of different promotions and rewards.

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