As online gambling continues to surge in popularity across the United States, sportsbooks and their rivals are constantly devising fresh strategies to lure new customers. One of the most popular is to offer new players a welcome bonus consisting of free bets. These are essentially cash that you can use to bet, and the profits from those bets are yours to keep. However, there are a few things you should know before you claim a sportsbook signup bonus.
For starters, you should check the terms and conditions of a bonus to make sure you understand what the requirements are. Often, you will need to wager your free bet credits a certain number of times before being allowed to withdraw any winnings. These are sometimes referred to as wagering requirements, and they can be a significant hurdle for some players. Some bonuses also come with time limits, so if you don’t use your free bet credits within a certain amount of time, they will be removed from your account.
When it comes to depositing and withdrawal options, most sportsbooks accept a variety of secure methods. Some of the most popular include PayPal, which offers instant deposits and fast withdrawals. Skrill is another option that many players find convenient, especially as it allows them to link multiple bank accounts and credit cards without sharing any personal information with the sportsbook. You can also find plenty of betting sites that accept ACH (eCheck) transfers and wire transfers.
Withdrawals from e-wallets and banking services are typically fast, though they can take up to five working days for US players to see their money in their accounts. Some sportsbooks may also have minimum and maximum withdrawal limits, and some banking methods may be ineligible for bonus offers.