Sportsbooks are only offering these massive bonuses for a limited time as online sportsbetting is becoming legal across the US. Here you can find the best offers available for each popular sportsbook as of July 2022.
Using our links below, you’ll be able to claim the biggest bonuses available for popular sites like BetMGM, DraftKings, FanDuel, Caesars, PointsBet, BetRivers and more. Claim all of these bonuses below to secure thousands of dollars in risk-free wagers and deposit matches while you still can!
Founded in Australia in 2017, PointsBet has risen to popularity in the American sports betting market due to its unique approach of booking bets. “PointsBetting” – where winnings or losses aren’t fixed – has helped the platform stand out in a very competitive market. PointsBet also offers good pricing, coverage, and a smooth mobile user experience in addition to traditional models of sports betting.
In 2020, PointsBet formed a partnership with NBC Sports, making it the first official betting partner of the media giant. It receives marketing access across NBC Sports’ entire network of sports broadcasting, news, and analysis platforms. Despite being a rather young organization that is not North American based, PointsBet has established itself as one of the top platforms in sports betting.
Over the past four years, DraftKings has led the massive spike in the popularity of daily fantasy sports to become the number one provider in the United States. As more states start to legalize sports betting due to the Supreme Court striking down the Professional and Amateur Protection Act, DraftKings has set its eyes on digging into the $150 billion dollars of estimated illegal wagers that Americans place annually that would become legitimized. DraftKings has already become a leader within the space with the creation of its betting flagship, DraftKings Sportsbook. This product is provided to its consumers in a website and a mobile app. There are various types of bets one can place, including hundreds of pregame, futures, and live bets.
DraftKings is now offering a new user sign-up bonus of a deposit match up to $1000! This is a limited time offer, so do make sure you take advantage of this deal quickly. If you want fully understand the promotion and how online sportsbooks work, make sure to keep scrolling down to get the full comprehensive review from us here at Awesemo.
What started off as a backyard brainstorm session between five people with an interest in sports has turned into a leading company in a multibillion-dollar industry. FanDuel has expanded into not only daily fantasy sports, but also sportsbooks and horse racing. It currently has a presence across all 50 states and 12 million customers. FanDuel is now also an official sponsor of the NFL, WNBA, NBA, NHL, and PGA TOUR.
With its flagship sports betting product, FanDuel Sportsbook, FanDuel has solidified itself as America’s #1 Sportsbook app. It is offering what is arguably the best sign up offer among its competitors with a risk free $1000 Free Bet. This is a limited time offer, so do make sure you take advantage of this deal quickly. FanDuel Sportsbook debuted in New Jersey, and has since expanded to Michigan, Pennsylvania, West Virginia, Colorado, Indiana, Illinois, Virginia, Tennessee, Arizona, and Iowa. If you want fully understand the promotion and how online sportsbooks work, make sure to keep scrolling down to get the full comprehensive review from us here at Awesemo.
FOX Bet is a sports betting brand for online and mobile user partnering with sports media giant FOX Sports. With FOX Bet, the FOX Sports team is linking its top-shelf sports coverage with real-money sports betting, both for desktop and mobile users to provide sports fans with the total package for consuming and participating in their favorite sports
This was a big year for the Caesars brand. In April Caesars acquired one of its biggest competitors in the betting industry, William Hill, for approximately $4 billion. This month the casino giant relaunched the Caesars Sportsbook on William Hill’s Liberty platform. Caesars’ loyalty program, Caesars Rewards, will be integrated into the app. The majority of William Hill Sportsbooks have been rebranded to Caesars Sportsbook, with exceptions including those in states where in-person registration is required. Those states include Nevada, Illinois, and Washington, D.C., and in these states the app will be called Caesars Sportsbook by William Hill.
The combination of these two powerhouses in the gambling industry will improve betting experiences. When bettors put money in, it will be handled by experienced professionals, and users will get out of it what they rightfully deserve.
BetRivers is a very popular online casino based in Chicago, Illinois. Rush Street Interactive launched BetRivers after the Supreme Court overturned a federal sports betting ban in 2018. BetRivers is a very standard large book with odds in nearly each sport and market. They are most well known for their attractive bonuses, a great desktop site, and quick payouts. In New Jersey, Rush Street Interactive operates under SugarHouse sportsbooks, while the remainder of the legal sportsbook states fall under the BetRivers brand.
This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain number of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:
Boston Celtics -6.5 (-110), moneyline -320
at Cleveland Cavaliers +6.5 (-110), moneyline +260
The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than 7 points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.
Final Score – Celtics 102, Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 spread is enough to cover a 4-point defeat.
A teaser is a parlay type bet with two or more games that allows the bettor to adjust the point spread on the games, for a lower return if they do in fact cover. There are different types of teasers, like adjusting total points or the spread. The teaser total can change depending on how many teams you’ve selected in the parlay. Let’s look at an example:
You like the following teams in the NFL with their spreads listed below:
Dolphins +8 , Patriots -12 , Bears -7
A standard three team parlay bet of $100 would return $600 on a win. However, if you decide you want to do a three-team teaser rather than a traditional three-team parlay, a six point three team teaser would allow you to bet the following adjusted lines:
Dolphins +14 , Patriots -6, Bears -1
For this six point three-team teaser, a bet of $100 would return $91 on a win.
As you can see, the six point teaser adjusts the line six points in your favor on each game, making the bet easier to win. However, just like a parlay you have to win all three, and instead of being paid 6-1, a six point, three-team teaser in football pays the same as a traditional -110 straight bet. As I said, there are all different types of teasers, so you can certainly experiment with different combos and payoffs.
One of the most important concepts when getting into betting is understanding breakeven points based on the moneyline spread you are betting. The starting point for this analysis is understanding the juice that comes with any bet. Simply, this is a tax you pay for the privilege of placing a wager. For a standard bet, the juice is usually -110 (or 10% vig), which means you have to pay $110 to win $100. The extra 10% you are paying goes to the house. It’s important to understand how much juice you are required to pay because there are times when the house will increase the juice on a standard bet. This is done based on numerous factors, which we will delve into in subsequent articles.
Hedging a bet can have a lot of different variations and can be used in all different situations, but the basic definition is when you place different bets on multiple outcomes to either reduce your risk or lock in a guaranteed profit. One of the most common questions I get on betting in our premium Slack chat at Awesemo.com is what a person should do if they want to try and lock in profits on a future bet where they can potentially hedge and guarantee a return.
I want to be clear that in most circumstances you are better off not hedging, as you will give up some slight value, but each situation depends on risk tolerance. Regardless, it is important to know how to hedge correctly if you choose to go that route.
Let’s look at an example to paint a clearer picture where hedging can come into play.
Say last year you decided to bet the Rams to win the Super Bowl before the season at 10/1 odds, meaning for every dollar you bet you receive $10 back. A $100 bet would return $1,000 and come February, the Rams are in the Big Game and your ticket is still alive. They are a one-point favorite over the Chiefs and as it stands now. If the Rams win, you win $1,000, and if the Chiefs win, you lose the bet for minus $100. There is an opportunity here to guarantee profits by betting the Chiefs if you are looking to lower your risk and secure a win regardless.
Rams future bet 10/1 : $100 to win $1,000
Chiefs bet +1 : $440 to win $400
If the Rams win, you win your $1,000 future minus the Chiefs bet of $440, leaving you with $560 profit. If the Chiefs win, you win your bet for $400 minus the Rams future of $100 leaving you with $300 profit. As you can see, in this scenario, you are guaranteed a minimum of $300 profit and a maximum of $560 instead of a minus $100 to $1,000 range if you kept the original bet. The amount bet on the Chiefs can vary depending on how much variance you want in your potential winnings.
Understanding how hedging works is important even if the majority of the time you choose to let your original bet ride and not lock in any profit. If you are betting futures or other bets where you may be holding tickets with massive odds and potential payoffs, hedging is something that you should know how to do properly, as it can guarantee you lock in some profit regardless of whether or not you fully connect on that big future bet. There are other types of hedging where you can actually hit both bets known as “middles”, and we will get into that as we expand upon this topic in the future.