Casino on line is the first incentive offered by sportsbooks to new users. It may come in the form of a deposit match or a bonus bet refund. The value of these promotional offers varies by site, but they usually have a minimum initial deposit and playthrough requirement. Whether you’re a high roller or a complete newbie, a sports betting welcome bonus is a great way to test out different apps without having to make a large financial commitment.

Depending on the sportsbook, sports betting welcome bonuses can be a significant part of your overall account balance. This is why it’s important to understand their terms and conditions and read the fine print. In addition, a good sportsbook will offer ongoing promotions to retain existing customers. These can include odds boosts on certain games, parlay insurance, and more.

Maximizing Your Sports Betting Welcome Bonus in Spain

The most popular sports betting welcome bonus is the FanDuel app’s ’Bet $5 and Get $150’ promotion. This is a simple ‘bet and get’ offer that requires a meager initial deposit of $5 and a winning wager on any market to unlock the full bonus amount. Its straightforward terms are ideal for high rollers, casual bettors and complete newbies alike.

Another popular sports betting welcome bonus is the bet365 first wager safety net. It’s a no-risk way to secure your first bet with the site, guaranteeing you a bonus equal to the amount of your lost wager. It’s also the only sportsbook offering this type of bonus with a reasonable initial buy-in of just $10 and no wagering requirements, making it perfect for any budget.