The most common forms of reimbursement are Site Credit or Bonus Bets. If the bet loses, the player receives their initial stake back as a “no sweat” bet credit. It typically involves a new registrant making their first bet with the sportsbook. The “No Sweat Bet” is a promotion style with various names. Now let’s review the most common terms and phrases you’ll see and break them down: This would mean that you can’t take a prohibitive favorite (-400, for example) for your promotional bet. They might not allow wagers on markets priced greater than -200. Some sportsbooks may limit your wager options with promotional bets. Some terms and conditions can be very confusing, making it easy to follow. We also give you a full breakdown on every bonus for every site. Many of which are advertised in parts of this website, as a starting point. Sportsbook bonus terminologyĪlways, always read the terms and conditions when you see advertisements for promotional bonuses. Whether you’re betting with FanDuel, BetMGM, or a newer site like PointsBet – you always want to understand your bonus. Some offers are less attractive or possibly more attractive than they may appear. The numbers are not always what they seem. It’s important to understand what you’re getting, how, and when you’ll get it. In this post, we will explain popular bonus terminology, terms and conditions, and more.
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