If you are new to sports betting, you might be interested to know about various betting bonuses available at your favorite sportsbook. Some of them include Deposit matches, Free bet credits, and Spread bets. Reading reviews about these sportsbooks will help you make the best decision. They will also provide you with an overview of various bet types, including accumulators, spread bets, and reverse bets. To get started, you can check out our sportsbook reviews.

Deposit matches

One of the most common forms of deposit bonuses at sportsbooks is deposit matches. This is a bonus that matches your initial deposit, up to a certain amount. The match amount will depend on the terms and conditions of the promotion. Deposit matches are always stated in percentages, so if the sportsbook offers a 20% match, it will match the amount you deposit. However, some sportsbooks offer deposit matches to existing customers as well.

Free bet credits

You can claim free bet credits at sportsbooks by joining a referral program. In this program, you’ll receive a specific number of free bet credits after your friend has signed up and verified their account. These credits are only valid for a certain period of time and expire seven days after they’re claimed. The sportsbook will make money from the resulting additional bets. To get the most out of these free bets, you need to place a specific number of wagers.

Spread bets

Spread bets at sportsbooks are an excellent way to bet on more than one team at the same time. Sportsbooks allow you to place wagers on a wide range of sports, from basketball to football, horse racing to baseball. To ensure you make the right choice, you should understand the differences between point spreads and moneylines, as well as how they impact your overall odds. There are also other options besides sports you can bet on.

Bookmaker vs. betting exchange

The most obvious difference between a bookmaker and a betting exchange is the way they create their odds. A betting exchange makes its odds by offering players the option to back or lay a certain outcome and pick the odds for either side. On the other hand, a regular bookmaker takes a portion of the juice from the losing side of the bet and has a built-in profit margin for each wager. Depending on your personal preference, a betting exchange might be better for you.

Requirements to open an account at a sportsbook

Before you open an account at a sportsbook, you must have a photo ID to be considered a real person. A library card or company ID will not do. You must have a government-issued ID, a credit card with a front and back scan, and proof of address. These requirements help prevent identity theft and money-laundering. If you are a legal resident of the U.S., you can choose a sportsbook that has a customer identification program.