Casino online can be an excellent way to boost your bankroll, particularly if you are new to the sport. The bonuses can be used to place bets on a variety of betting markets, but some restrictions may apply. It’s important to read the terms and conditions carefully to make sure you understand the terms of your welcome bonus.

The most common type of sportsbook welcome bonus is a deposit match bonus. This is when the online sportsbook matches your first deposit up to a certain amount of free bets. This is one of the most popular sportsbook promos, and it is available at most sportsbooks.

Sports Betting Welcome Bonus: Boost Your First Bet

Another type of welcome bonus is money back or rebate offers. These are often used to reward loyal customers and encourage them to stick with a sportsbook. These types of promotions aren’t as popular as deposit match bonuses, but they can still provide a great value to sports bettors.

Other types of sportsbook promos include risk-free bets, parlay insurance, and special odds boosts for specific events. These types of offers are often advertised around major sporting events like the Super Bowl or March Madness, but they can be found at sportsbooks throughout the year.

Some sportsbooks offer free bets on their mobile apps to attract new customers. For example, FanDuel Sportsbook is currently offering a bet $5 and win $150 in bonus bets promotion that does not require a promo code to claim. You can use the bonus funds on any available market, but futures bets are generally excluded from the offer.