Before you choose a sportsbook, make sure you understand the different types of payouts that are offered. The payouts are based on how the sportsbooks perceive the winning team. A favorite team will be accompanied by a negative three-digit number, while an underdog will be accompanied by a positive three-digit number. Listed below are some of the most common payouts and how they work. Read on for more details.
Deposit bonuses
One of the best ways to boost your bankroll is to take advantage of deposit bonuses at sportsbooks. These promotions are common at many sportsbooks, and can range from signup bonuses to free tournaments. You can also get no-deposit signup bonuses that allow you to withdraw your winnings without meeting any play-through requirements. Read the terms and conditions of these sportsbooks’ deposit bonuses before playing. They might sound too good to be true, but they do exist.
Free bets
Free bets at sportsbooks can be a great way to try out a sportsbook before depositing any money. These bets come in the form of free tokens or bonus bets that pay the stake. There are some disadvantages to these offers. Many sportsbooks will tie these free bets to terms and conditions. This can make it difficult to cash in the winnings. In addition, most sportsbooks have different restrictions on the amount of free bets they offer.
Odds boosts
Sportsbooks use odds boosts as marketing tools to lure users to their sportsbooks. These odds are often better than the normal payout if the bet is placed on a single game, but the possibility of operator error exists. While some odds boosts can be worthless, you can usually make some money from them by spreading your bets over several games. Most sportsbooks target marquee games when offering odds boosts.
Mobile sportsbooks
A mobile sportsbook allows people to wager on live events on their phone. In addition to sports, mobile sportsbooks can offer casino games. The BetRivers mobile sportsbook offers a 100 percent deposit match bonus up to $250. This bonus equals bonus betting credits equal to the first deposit. The risk-free bet option allows bettors to place multiple bets and receive a rebate if the bet loses. BetRivers is available on Android and iOS.
Geolocation
If you’ve ever tried to place a bet online but the sportsbook failed to find your location, you know how annoying geolocation errors can be. Most sportsbooks use a combination of cell towers, WiFi, and GPS to locate the player, but sometimes this technology isn’t turned on. You can easily check your location by turning on your mobile location services. It’s worth the extra effort, however, to get it right the first time.
Terms used at sportsbooks
There are several aspects to consider when choosing a sportsbook. One of these aspects is the rollover rate of the bonus. As bonus percentages increase, sportsbooks are making it more difficult to clear the bonus. A 200% bonus may require wagering the bonus eight times before you can withdraw it. Meanwhile, a 50% bonus may only require wagering it four times before you can withdraw your winnings. Choosing a sportsbook with a low rollover rate will make it easier for you to deposit large amounts of money.
