Sports Betting – How to Find the Best Online Sportsbooks
Before betting on any sporting event, you should learn how the odds are calculated. Usually, you can find these odds in decimal form, but you can also find them in fractional form. The difference between them is the number of points a favorite is expected to win minus the point spread. This is called the implied probability.
If you’re looking for an online sportsbook, there are plenty to choose from. Some bookmakers specialize in a specific sport, while others offer a broader variety of options. Many of them also offer sign-up bonuses, free bets, or risk-free bet offers. The bonus offers vary depending on the sportsbook, but typically, you can take advantage of them.
When it comes to betting on sports, it is important to find a safe and reputable sportsbook. You’ll want a site that offers good odds on a variety of sports and accepts various forms of payment, including bank transfers, prepaid cards, and credit cards. It is also important to choose a sportsbook with an active customer service team. There should also be ongoing promotions and specials.
Some online sportsbooks offer a referral bonus that rewards customers for referring friends. Such promotions often start soon after an online sportsbook has launched. These bonuses can include free bets, risk-free bets, and cash prizes. These bonuses are available for both sports and in other gambling verticals. You can also take advantage of these offers by making your first deposit at the sportsbook.
In addition to a welcome bonus, many sportsbooks also offer a risk-free bet as a sign-up promotion. This is the most popular welcome bonus for new customers in the US market. The risk-free bet gives customers the chance to try out sportsbooks before committing to a long-term relationship. In return, the sportsbook gives the customer their money back if they lose their first wager with them.
Another type of sportsbook promo is the no-deposit bonus. This is not really a deposit bonus, but rather free money credited to their accounts. No-deposit bonuses are often only offered to new customers as pre-launch offers, but are still an excellent way to increase new customers. A recent example of such promotion is DraftKings, which gave new members a free bet worth up to $100.
Legal sports betting in Arizona was finally approved in April of this year. The legislative process included public statements from Gov. Doug Ducey. A few sportsbooks opened in Arizona before the law went into effect, including FanDuel and DraftKings. These sportsbooks are available online and via mail. However, they may be crowded, so it’s important to ensure that you have enough cash to cover losses in your initial days.
Some sportsbooks offer deposit match bonuses that will match your first deposit up to a certain value. Often, these are welcome bonuses, but there are reload bonuses available to existing customers as well. Tipico, for example, will match a $100 deposit with free bet credits. Similarly, FanDuel matches your first deposit up to $1,000. However, be aware that not all online sportsbooks offer generous match percentages.