PromoGuy has grown to become the premier source of gambling-related information for US-based bettors. Our expertise in sportsbook deposit bonuses is unparalleled, and this guide shares more than a leaf or two from our book of winning strategies.
Our team of experts will share some tips to help you reap the most benefit from sports betting deposit match offers. We'll also outline other promos you can claim throughout your stay at a particular sportsbook. In case you encounter new bonuses in your gambling adventure, our reviewing checklist will help you evaluate its quality.
A sportsbook deposit match promo code is one of the most common sportsbook promo codes available to bettors. Most sportsbooks use them to convince new customers to join their betting platforms, while others utilize them to retain players. The operator matches a percentage of your initial deposit up to a certain amount, essentially allowing you to make money off the sportsbook right away!
While a sportsbook deposit bonus is generally appealing, you still need to select the best one from the bunch. Even though sportsbook promotions like deposit bonuses ultimately serve the same purpose, it’s the terms and conditions you need to be wary of, as we'll explain a little later. You’ll need to compare different deposit match offers around before picking one. Beginners in sports betting will benefit from comparing deposit match bonuses to learn what the offers entail and how best to use them. Advanced players can also benefit from deposit match offer comparisons to pick the right one for their betting style.
As rewarding as a sportsbook deposit bonus is, how beneficial it is to you depends on how you use it. As mentioned, sportsbook offers usually come with terms and conditions attached. You'll find that most of the mistakes you make when using the bonuses are outlined in these Ts & Cs. Generally, to make the most out of a sportsbook deposit match offer, you should try and avoid the following common pitfalls:
Some sportsbooks explicitly prohibit players from using specific payment methods when activating sportsbook deposit bonuses. Digital wallet platforms like Neteller and Skrill are some of the platforms several sportsbooks subject to this kind of ban. Be sure to check the Ts & Cs before you deposit. If you proceed to use a restricted payment method to unlock the sports betting deposit match offer, the operator nullifies the bonus.
Some sportsbooks impose maximum/minimum odds and spreads you must adhere to when wagering your bonus. When placing wagers using the bonus, stick to the specified odds and spreads to avoid being disqualified.
Unless the sportsbook bonus imposes odds and spreads you must use when wagering, keep to low-risk bets to increase your winning chances.
It's always wise to limit variance by making small wagers with your sportsbook bonus. Such a strategy allows you to retain most of your sportsbook deposit match, giving you a chance to build your bankroll gradually.
Some sportsbooks impose betting markets you must wager on using the bonus. If that's the case, be sure to strictly place your wagers in stipulated markets to avoid forfeiting the offer. If the sportsbook doesn't restrict any betting markets, opt for low house edge markets, such as MLB Moneylines, NBA Spreads, or NFL Spreads.
As we previously highlighted, sportsbooks commonly use mobile sports betting promo codes and other sports betting offers. And the sports betting deposit match promo code is among the most popular offers. However, not all of them are worth activating. We take the time to compare and rank different deposit offers to remain with the best one.
After spending hours reviewing numerous sportsbook deposit bonuses, Fanduel’s bonus offer came out on top. It's not the conventional deposit match offer, where the operator matches your initial deposit up to a certain amount. Instead, FanDuel gives you a no sweat first bet up to $1,000 after making your first initial deposit on the platform. FanDuel refunds your initial wager in the form of bonus bets, if your first bet loses loses.
Be sure to get a move on things because you have no more than 14 days to use up these bonus bets. Any remaining bonus bets once the 14 days are up expire and disappear from your player account. On the flip side, if luck is on your side and your first wins, you can go ahead and withdraw your winnings right away. We love this offer because there aren't any minimum odds and spreads or wagering requirements linked to your bonus bets.
The sheer number of sportsbook deposit match offers at players' disposal is astounding. Because we know that not all bonuses are the same, we tend to evaluate them individually to remain with the best ones. Our team of experts swears by the following checklist when appraising different deposit bonus offers:
At PromoGuy, we understand just how diverse the gambling industry is. Bettors have a long list of betting offers choose from, ranging from online sign-up promotions to a sportsbook refferal bonus. That's why we have bonus reviews to help you not only pick the best betting promo code but the right sportsbook. If you browse through our site, you'll find a healthy dose of:
As you’ve probably gathered by now, the sportsbook deposit match offer is our focus in this guide. But there are many other types of betting offers to pick from. Each comes with its own rules and requirements. Simply go for the betting offer that you’re most comfortable with. Below we list the most common sports betting offers you'll find in our reviews, and how they work.
No deposit offers are precisely how they seem at face value. They are bonuses you can claim without making deposits on betting sites. Sportsbooks use such bonuses as incentives to get players to sign up with little hesitation. No deposit bonuses aren't hard to claim. For simply signing with a sportsbook, you get a small cash amount or site credits that you can use to wager on the platform. The beauty of this bonus is you can win real cash if your wager wins. Plus, this offer comes in pretty handy for new players looking to familiarize themselves with new betting sites before committing their hard-earned cash.
Some sportsbooks offer free bets coupled with sportsbook deposit bonuses to new users as a way of getting them to join their platforms. Others offer free bets to their existing customers. Depending on how the sportsbook decides to structure the promo, you can either deposit something to receive them or not. In most cases, players can't redeem free bets for cash.
Like free bets, you can use these to make extra bets with site credits. However, thee bonus bets are not 100% free as they usually entail a first deposit or bet before they are delved out. Also, the bonus bets cannot be cashed out and operators offering these promotions will only extent the profits of a successful bonus bet to you.
We touched on the concept of a sportsbook risk-free bet earlier on. Sportsbooks refund players when their qualifying wagers lose. Usually, the sportsbook reimburses the stake in the form of site credits. The bonus only applies if your wager loses, meaning the offer is off the table if your bet wins. Most risk-free bet promos don't come with wagering requirements. If they do, they are usually very low.
Players who lose their first bets receive their stake back in bonus bets to have another go at betting. The bonus bets are not cashable, which means you cannot win as much as you would off a straight up bet. Players can claim all profits made from these bonus bets though.
As the name implies, the bonus targets members of the sportsbook’s loyalty or VIP program. To be a part of the mentioned programs, in most cases, you need to be a consistent bettor on the platform who wagers lots of money. After tracking your performance and reviewing your player account, the operator invites you to join the program. More lenient sportsbooks allow every bettor to be a part of the program right off the bat.
At PromoGuy, we pride ourselves on providing you with well-rounded information to help you navigate your gambling adventure optimally. Though this review zeros in on sportsbook deposit bonuses, you’ll find additional resources across different gambling niches. Call it your one-stop shop for gambling information, if you will. We give insight on:
A deposit match bonus is one of the betting offers offered by sportsbooks to attract customers or retain existing ones. Our guide explains what the bonus entails and how best you can use it.
Players have several betting offers at their disposal. We explain each deposit in our reviews to help you select the one that works for you.
Wagering requirements indicate the number of times players can wager a bonus before they can withdraw. In our guides, we walk you through ascertaining the best wagering conditions on deposit match offers that will benefit you more.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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