Using a Sportsbook No Deposit Bonus
There are plenty of ways to get started in a new online sportsbook. In fact, many of them will give you free money just for signing up. It isn't uncommon to come across offers like $2000 in no deposit bonuses spread out over the course of several weeks or even months. While restrictions generally apply, these funds can be spent just like real cash.
Where to Get Your Bonus
There are several different ways in which you can grab yourself a no deposit bonus in a sportsbook. Most of the best offers are reserved for new customers, but existing players often have some exciting bonuses available to them, too. If you're new to a sportsbook, be sure to check out the promotions page. There is where you will find each of the offers that are available to you, and while some might require you to input a code on the checkout page, others can be obtained simply by following a link and filling out the registration form.
When the Funds Are Available
If you're signing up for a new account with a no deposit bonus, you should expect the funds (or at least a part of them) to be available to you as soon as the registration is complete. There may be restrictions on how these funds can be spent, including event or even bet type restrictions. Otherwise, you can use these funds just like your own to place wagers and try to win big. In the event that you've signed up for a tiered promotion, the bonus money will be released according to a schedule. For instance, you might be eligible for $100 a week over a period of time.
Claiming Your Winnings
While you don't have to make a deposit to take advantage of these offers, there's a good chance that you'll have to do some spending in order to cash out anything you win. This is because casinos and sportsbooks would go under if they just gave away free money without expecting any income in return. As such, there will likely be wagering requirements tied to any gifts you receive, and you'll have to spend a certain amount of money in order to withdraw whatever you've won. For instance, if you get $100 from the sportsbook and it is associated with a 20x wagering requirement, then you'll need to spend a total of $2000 before you can withdraw anything you won with the original $100. In some cases, wagers you place with those winnings are counted toward the fulfillment requirements.
While a no deposit bonus can be a great way to beef up your bankroll from the very start, be sure that you understand all of the restrictions that come with it so that you can use it to your advantage.