When you first begin betting on sports, you may be skeptical of the odds. However, you should take into account the speed of payouts and the bonuses that online sportsbooks offer to new players. Many players rely on the deposit bonuses as their main attraction. In fact, these bonuses may be even more important to new players than the overall odds. In this article, we’ll explain why bonuses are so important and what you can do to maximize them.
Online sportsbooks
While New York state legislators have shown interest in expanding mobile wagering, it is not clear whether New Yorkers will be able to enjoy sports betting on the go. On the other hand, Andrew Cuomo has signaled that he would like to include sports betting on mobile in the state budget. In fact, he has suggested that the state adopt a lottery-based model, in which a few sportsbooks would operate in the state. While this would help the state, it may not be best for the customer as high taxes discourage sportsbooks from providing an optimal experience.
When determining which sportsbook to play at, keep in mind that there are two types of bettors: sharps and squares. A sharp bettor is more knowledgeable about a sport, has strong handicapping skills, and manages his bankroll well. The sharps typically stake a higher amount than the average online sportsbettor and often find value in underdogs. Fortunately, a select group of leading online sportsbooks are designed to welcome sharps and allow them to bet high amounts. These sites generally offer quality odds for a range of sporting events.
Deposit match bonuses
Deposit match bonuses are one of the most popular types of betting promotions. They are given out to new customers as an incentive to make their first bets, and are a great way for sportsbooks to attract new customers while keeping existing ones happy. Bettors enjoy deposit match bonuses because they are guaranteed to receive bonus funds when they make a new deposit. These bonuses are typically awarded to new customers, but some sportsbooks run deposit match promotions for existing customers as well.
Deposit match bonuses at sportsbooks usually come in the form of site credit and are not equivalent to a free bet. It is also not necessary to wager the entire bonus in a single bet. Deposit match bonuses are usually given either immediately upon deposit or after you begin placing cash bets. Some of the leading U.S. betting operators give deposit match bonuses as an incentive for new players. Deposit match bonuses are best used in conjunction with welcome offers that reward loyal customers.
Alternatives to spread bets
While most sportsbooks display current spreads and totals on the games’ odds page, you can also bet on modified lines at certain sportsbooks. Betting on modified lines involves buying or selling points in a bet, which reduces the odds for the winner. Some sportsbooks offer half-point bets up to 10 points. These types of bets are increasingly popular, especially with high rollers.
Bovada offers an alternate market where you can place bets on different teams’ odds with a lower spread. Unlike MyBookie, this market also offers smaller margins and decreased odds. However, if you don’t like to bet on a particular team, you can choose from hundreds of different sports. MyBookie offers plenty of helpful articles and tips about spread betting. Moreover, it offers a $1,000 welcome bonus, which is 100% matched on your first deposit. Moreover, there are weekly reload bonuses and a $250 sports rebate bonus.
Prop bets
If you like to make prop bets at sportsbooks, it is vital to know the odds of your chosen market. In addition to the game’s outcome, you’ll also want to understand the vig, or house-settlement price. While vig is an essential part of any sports betting activity, there are many factors that affect its odds. Props are most likely to win when the odds are smaller, while those with higher odds have a low probability of happening.
For a more profitable bet, you can bet on individual players or teams. You’ll find multiple betting options, such as proposition bets, halves, and totals. Prop bets differ from game to game, so you must research each to make a wise decision. Prop bets are great opportunities for savvy bettors, as bookmakers can’t post accurate lines for hundreds of novelty bets.