What Are the Best Online Sportsbooks?
Did you know that most recent estimates predicted Americans would bet over $3.1 billion on the 2022 NCAA Men’s Basketball Tournament?
Americans are in love with sports gambling, and more citizens than ever have access to some form of legal betting.
Now that 30 states offer legal sports betting (with more to follow), the industry will grow by leaps and bounds in the coming years.
Maybe you’re ready to enter the world of online sports betting but don’t know where to start. The first thing you have to know is the best online sportsbooks.
There are so many to choose from, so let’s explore what the best offer you.
Bonuses, Bonuses, Bonuses
Online sportsbooks are in an arms race to attract players. Sportsbooks make money not by being correct necessarily, but by writing the most tickets.
These sportsbooks offer new players sign-up bonuses to attract players to their site, most often in the form of free money.
Who doesn’t like free money? Whether an experienced gambler or a novice, a sign-up bonus gives you a significant amount of money or site credits to play.
These sign-up bonuses are significant if you are a novice bettor. Free money bonuses allow you to learn the ropes before you bet your hard-earned money.
Not All Bonuses Are Equal
FanDuel offers a free $150 to new bettors after placing their first $5 wager, and BetRivers provides an initial deposit match up to $250.
Other sportsbooks like DraftKings and BetMGM offer new players a “risk-free” initial bet. With BetMGM, it’s up to $1,000, meaning your first wager will receive a refund if it loses up to $1,000.
That $1,000 comes in the form of site credits.
What’s Your Specialty?
Is there a sport you enjoy more than the others?
While Americans bet the most money on NFL football each year, many sporting events take place every day.
And when it comes to the major American sports leagues, each has an official gambling partner. These league agreements mean more favorable boosts and promos.
For example, DraftKings is MLB’s official betting partner. DraftKings offers upgraded parlays and boosts on MLB games every day during baseball season.
Another feature that DraftKings offers users is game-streaming integration. With an MLBtv account, you can watch games in the app and streamline your live betting experience.
What Do You Want?
Finding the right sports betting app means figuring out what you want from it.
For example, maybe you want lines on every NCAA Men’s Basketball game. Or, perhaps you enjoy an esoteric sport like Jai Alai and want lines for that.
Not all sportsbooks have the same bet offerings, even for the major professional leagues. BetMGM, for example, doesn’t offer regular season team-win totals for MLB.
Sports aren’t the only concern when considering an online sportsbook. There are also payment considerations.
Most of these large retail books link to your checking or savings account. Linking your bank information may be too risky for you. If that’s the case, relating to a cash app like Paypal is a better option.
After you read about the best sports bets for today, you want to log in and place bets. Betting lines can move fast, and sometimes half a point can turn a can’t miss bet into a pass.
You want to get that number locked in, but you can’t do it if you’re wasting time searching for it. Sports betting online is about convenience, but it’s not very convenient if you can’t find what you need.
While some betting apps offer an intuitive interface, others are an unfortunate jumble. Please don’t waste time with any sportsbooks like this, as they may cost you money.
Run Your Tests
Downloading an app doesn’t mean you have to use it. Once you do a little research, download the top three or four apps and test them out.
Explore the different bet offerings for each league. Please make your grades about how easy or hard they are to use.
Take some time and see how the lines move during games, too.
Keep those you feel comfortable with, and delete those you don’t.
Explore VIP Programs and Rewards
Sportsbooks offer deposit bonuses to win players, but they have to keep them.
They do so by offering VIP Programs and Rewards for frequent players.
FanDuel gives players free bets and casino bonuses, while BetMGM offers a Rewards Store where players can trade in earned points for sportsbook or casino bonuses.
Remember, these sportsbooks want you to bet with them. It’s up to you to find which books give you the most return.
Research Payment Speed
Let’s say you hit big on a three-leg NFL parlay. Don’t you want access to your cash as soon as possible?
It’s funny; all of these sportsbooks deposit your money instantly. Some will take days to pay you out.
Read reviews and see what other users say about the various online sportsbooks. Don’t wait four to five days for your money. Find a sportsbook that pays out fast.
Tips to Find the Best Online Sportsbooks
The online sports betting world keeps growing, and the competition is fierce. 14 online sportsbooks operate within the Commonwealth of Pennsylvania, with more expected.
Don’t waste time with a terrible betting experience. Use these tips to find the best online sportsbooks. Remember to explore bonuses and rewards, and make sure the book offers the bets you want to make.
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