A free signup bonus is a great way to try out a new online sportsbook without risking any of your own money. These bonuses are typically provided by the sportsbook as a credit to your account, which you can use to place bets. However, there are often terms and conditions attached to these bonuses, which you should read carefully before claiming them. For example, the sportsbook may only allow you to use the free credit on certain games or wager types.
No-deposit bonuses aren’t as easy to find at sportsbooks, as most providers want players to make a deposit when they start betting. This assures them that the player will use their own money when they win, which is better for the provider’s bottom line. However, a few providers do offer no-deposit bonuses to attract new players.
When a sportsbook offers a no-deposit bonus, it will usually list the amount and terms on its website or in its terms of service. Some require a bonus code to be claimed, which you can find on the sportsbook’s promotions page or by contacting customer support. Others will automatically credit the bonus to your account once you have registered.
When choosing a sportsbook, make sure it is licensed and regulated by a government regulator. This will ensure that the site is following local regulations and that it will always pay out winning bets. It is also important to stay away from unlicensed casinos, as they are likely not to keep your personal information secure and may not follow local consumer protection laws. This can leave you vulnerable to scams and identity theft, which are both major concerns in the online gambling industry.