Thanks to the healthy competition among the online sportsbooks, the bonus offers have become a staple and important tool for managing your bankroll at the offshore betting sites. And with the holiday offers, it is very important to make the right choice when selecting the best sportsbook bonuses. Naturally, it would be impossible to select the right bonus, if you donít compare them the right way. Today we will break down what to look for when selecting the best bonus offer among the top sportsbooks.
Of course, right off the bat we must underline that there is no benefit to compare bonuses if you donít make your choice among the right sportsbooks. It may seem that we talk about this ad nauseam, but we feel itís very important to make sure that people donít end up at rogue sportsbooks. And obviously they continue to do so, considering that the rogue betting sites have no problem finding enough clientele to still keep them afloat. So be certain that you select an array of only reputable sportsbooks (the best ones are on our home page), and then compare the bonuses among those secure sports betting websites only.
Now that we are done with our obligatory warning, letís take a look at the bonus offers and the main features one should consider when comparing them. All those would equally apply to the signup offers, holiday offers, Super Bowl promos, etc. Whether you are trying to cash in on the New Year bonuses or want to take advantage of the customary signup bonus the sportsbooks offer to new customers, the major fragments of the bonus you should compare remain the same.
When selecting a sportsbook bonus, one should look at basically three sides of the offer: the amount, the percentage, and the funding method. Letís begin with the easier part, the funding method. Frankly speaking, this is a relatively new feature of the betting bonuses. Not too long ago, the bonus offers disregarded how exactly you plan on making your deposit Ė credit cards, payment processors (Neteller, Skrill, etc.) or bank wire. But with the penetration of Bitcoin and other crypto-currencies, the sportsbooks fond it really easy to transact with their customers this way. So in order to encourage the bettors to use Bitcoin, the betting websites created a whole new type of bonus Ė the Bitcoin bonus. At this point in time, the Bitcoin bonus remains the most generous offer at all quality sportsbooks, but as the name suggests Ė it applies only to deposits made using cryptocurrencies. For example, Bookmaker currently offers a 100% match bonus of up to $300 if you deposit using crypto (Bitcoin, Bitcoin Cash, Litecoin, etc.), yet only 15% match for any other payment methods. The same goes at another popular offshore sportsbook, Bovada Sports, where the Bitcoin bonus goes all the way up to $750, while the ďregularĒ bonus will cap at just $250. Obviously, one should not compare the Bitcoin bonus at one sportsbook with the regular bonus at another. And some books would advertise their Bitcoin bonus more prominently, leading to some confusion when selecting the right bonus offer.
The next two part of the sportsbook bonus offer, the percentage and the amount, should more often than not be considered together. The sportsbooks will almost always announce them together and while some basic math is required to compare and select the one that fits you best, itís nothing as complicated as calculating point spread payouts. The usual form the bonus offer will take is ďsome percentage up to some amountĒ. Letís look at some examples of how this works. At Bookmaker, once of the reload bonus offers states ď25% match up to $5,000Ē, while Bovada is offering ď125% up to $1,250Ē. Both of these offers are Bitcoin-related, so we get that off the way right away. If we were to look at only the dollar amount, the bonus at Bookmaker is much bigger, but we must take into account the percentage, as well, then do some basic calculations. Sure, if you get the maximum amount the promotion makes available, the one at Bookmaker is the best. But in order to max out, you have to deposit $20,000, while at Bovada Sports you need only to deposit $1,000 to max out the bonus offer. Some folks may look at these numbers with amazement, but Bookmaker is very high stakes friendly sportsbook, hence the large promo. But if you plan on depositing just $100, the algebra is rather simple: at Bookmaker you would get a $25 bonus, while at Bovada you would get $125. Thusly, which sportsbook bonus would be best to select, depends entirely on your bankroll.
In closing, we should also note the rollover requirements for each individual offer. You can read more about how the bonus rollover works at the sportsbooks, so we wonít focus much on this right now, but itís something worth looking into when you have the time. Using our previous example, the rollover on the Bookmaker bonus is just 8x deposit+bonus, while the one at Bovada is a whopping 25 times. If you plan on spending some time at the sportsbook, this is not really a huge deal, but if you are after the bonus money asap, it could be a deal breaker, so make sure you check that bonus requirement, when selecting your best bonus at the sportsbooks.