Deposit bonuses at online sportsbooks operate under the same basic concept. You put in a certain amount of money into your account and the sportsbook will then give you bonus funds depending on the amount you deposited and the percentage they are granting. For example, the deposit bonus at BetRivers is 100% for up to $250 dollars. This means if you deposit less, such as $50, you’ll get $50 in bonus money. If you deposit more than $250 you’ll still get $250.
These bonus funds work differently than regular money in your sportsbook’s account. Deposit bonuses at online sportsbooks will normally require that you bet these funds in a certain amount of time on certain odds and receive only a certain amount back. We answer all those concerns in each one of our deposit bonus reviews. These are all bonuses from major American brands that should be familiar to even those new to sports betting. They are all trustworthy and regulated sites, they just have different terms and conditions that any sports bettor should be aware of.