What is a Sportsbook Bonus?
A sportsbook bonus is similar to bonuses in the online casino world. Sportsbooks wish to welcome new players to their site and encourage loyalty. In spreading this feel of good will, the sportsbook wants their players to feel well-received. What better way to instill such a feeling than providing them with a gift? A sportsbook bonus is basically a gift from the sportsbook, thanking players for choosing to signup with their site. Sportsbooks will generally offer signup and deposit bonuses to their new clients. Some sportsbook will be very generous and offer a 100% or 200% signup bonus. This means that if players deposit $200 in their sportsbook account upon signing up, the sportsbook will deposit the equivalent (or twice the amount) into the new player’s account. Some sportsbooks offer deposit bonuses in the form of specific cash amounts. If a new player deposits $100 into their account then the sportsbook will pay them $50 or $25, depending on their policy.