Whether you’re a first-timer or a veteran, you should know that you can get some good deals at sportsbooks. That’s right, you can get free money from the sportsbooks, and you can even get a refund if you lose your bet.

Spread bets

Using a spread bet can give you an edge over your fellow sports bettors and help you win big. However, before you get your wallet out, you should know what you’re doing. There are a few types of sports bets you’ll want to be aware of. Besides the obvious favorites like football and basketball, you’ll also want to check out the newfangled betting options at your favorite sportsbook.

Parlay bets

Despite the name, Parlay bets are not just for waging wars. They are also a great way to maximize your profits when you bet on multiple games at a time. If you have a large betting bankroll, a Parlay bet might be the ticket. But before you start placing your bets, you need to do a bit of research. You can do that by looking at the best sportsbooks in the business, as well as reading up on the many betting options.

Refunds for lost bets

Several sportsbooks in New Jersey have begun to issue refunds for lost bets. The move follows the legalization of sports betting by the Supreme Court in May. These companies want to keep players from jumping ship after losing their bets.

Sportsbooks are typically run at a loss, and they hope to gain a long-term gain through brand loyalty. That’s why they often offer refunds for lost bets, a marketing ploy. However, it’s also a risky business. If every player received a refund, bookmakers would go out of business.

Promotions with odds boosts

Enhanced odds are a way for sportsbooks to encourage more bettors to participate in wagering. This type of marketing is typically used to promote games and events that attract a lot of attention.

Odds boosts are offered by most sportsbooks and are a great way for you to increase your winnings. Boosts can be used on a variety of bets including moneyline bets, in-play bets and parlays.

Sign-up bonuses

During the early days of online sports betting, sportsbooks offered sign-up bonuses in the form of free bets. Nowadays, sportsbooks offer bonuses in a variety of forms. Some of the more common bonuses include matched deposits, free bets, and odds boosts.

The matched deposit offer is a welcome offer where the sportsbook will match your initial deposit dollar-for-dollar. This is a great way to try out a new sportsbook. However, keep in mind that you may need to enter a sportsbook promo code in order to claim this offer.

No deposit bonus codes

Getting a no deposit bonus is a great way to test out a sportsbook. It allows you to bet for free and check out the software. You can also try out various markets without risking your own money.

While most sites will automatically apply the no deposit bonus, you can also find some sportsbooks that require you to enter a promo code. The promo code may be automatically populated on the sign up page.