If you have ever opened up a Sportsbook account or simply browsed over such a site, you will be aware that many (if not all) offer a bonus amount of money to new depositing players. With all the Sportsbooks out there that are on offer for you, that adds up to a fair amount amount of bonus money lying around.
So the question is … is it worth jumping from one online Sportsbook to another to take advantage of these bonuses?
On first impression, all it seems that you have to do is sign up for an account and make a deposit to get a chunk of free money. If you do this at a whole bunch of Sportsbooks, imagine how much you would be collecting in bonus money. Right?
Unfortunately, the way these bonuses work is that you are unable to withdraw the money immediately after receiving it. Instead, you must meet certain wagering requirements before you are able to make a withdrawal. This is typical for almost every Sportsbook.
A lot of the time, these wagering requirements can be quite high, and so it means that you will either have to spend a lot of time at the Sportsbook placing bets, or you will have to place a high volume of wagers to work of the bonus requirements. It is because of this reason that hopping from one bonus to the next is not quite as easy as you might think.
Nonetheless, if you are a high volume player, these bonuses still hold a lot of value. If you plan on sticking with one Sportsbook for some time, then the extra money is handy. However, try not to think of it as free money, and more of an added bonus for staying with the one Sportsbook for so long.
These new player bonuses are of most value to the players that are in it for the long run. If you like to make a small bet once a month, then they are not best suited to you I'm afraid. On the other hand, if you're a regular (or even high volume) bettor, then these extra incentives to sign up can come in really handy as an added boost to your bankroll.
Just play as you would normally, be careful, and enjoy the free bonus money when it comes.