Sportsbooks have a mixed reputation. Some people consider them a safe haven, while others find them utter chaos. Others avoid them altogether, but the reality is that they are here to stay. Sportsbook websites like Doc’s Sports offer free picks for almost every game. It’s easy to lose money betting with these sites, so it’s important to understand their rollover requirements and what type of bonus you can get from them.
Legalized sports betting in Arizona
A year after Arizona legalized sports betting, the state is reaping the rewards. In the first year, the state brought in more than $1 billion in handle. Much of this success can be attributed to mobile betting. While retail sports betting only sees a few million dollars wagered a year, mobile betting yields multiple times that amount.
Rollover requirements for bonuses
Bonuses come with rollover requirements, which you must meet before withdrawing your winnings. Depending on the sportsbook, the requirements vary between five to ten times your deposit. Generally, you must wager the bonus at odds of -200 or less before you can cash out. Some sportsbooks restrict the types of bets you can place in order to clear the rollover requirements, like live betting markets and betting propositions.
Free-bet credits at sportsbooks are promotional giveaways that allow you to bet without risking your own money. You can use them on a wide range of betting types, including moneyline favorites in NHL games and four-leg parlays. These aren’t just for new users, however. You can also earn free bet credits for making frequent wagers. To maximize your chances of receiving these promotions, sign up with as many sportsbooks as possible.
The money line at a sportsbook is a simple way to place a bet on a particular team. Unlike traditional point spread bets, a money line bet requires you to select the team you believe will win a game. Typically, a three-point favorite will pay out much better than a seven-point underdog.
When you’re placing a wager on a sporting event, the first step is to research the sportsbook’s betting lines. The first line is usually set by the oddsmakers who determine the opening odds for a certain sport. However, the opening line is not as important as you might think. Many of the most respected sportsbooks aren’t afraid to open their lines higher than the rest of the bookmakers. This way, they can attract professional bettors who will aggressively wager on the first line when they believe it’s worth it.