If you’ve never placed a bet online before, risk-free bets are a great way to try out a new sportsbook without spending any of your own money. These free bets are available at a wide range of online sportsbooks, and they are one of the most popular welcome bonuses in the US market. The basic concept behind a risk-free bet is that if you lose, the sportsbook will give you the money back in the form of site credit, free bets, or bonus cash. Typically, this amount is equal to the amount of your first bet with the sportsbook.
When choosing a sportsbook, make sure to consider the minimum deposit and minimum withdrawal amount. Some sportsbooks have a lower minimum deposit, and they may not accept players from certain countries. It’s also important to look at the customer support options, especially in the case of a problem or question. Many of these online sportsbooks offer live chat support and customer support in various languages.
Another important factor when selecting a sportsbook is the payout percentage. You should also check whether the sportsbook accepts your preferred method of payment. Lastly, ensure that the sportsbook is licensed by your state to ensure your money is safe. A legal sportsbook will also not charge you currency exchange rates, and provide better odds.
SBOBet: An Asian sportsbook, SBOBet is one of the best sportsbooks for beginners, and its customer service is excellent. Its website is easy to navigate and offers customer support in several languages. It also features a variety of betting options, including live betting, horse racing, virtual games, and more. It also has news and events about Asian sports, and live streaming of select events.
SBOBet also offers NFL betting, though their odds were weak during the offseason, when the NFL is not in season. The odds for MLB games are generally better than for the NFL, and SBOBet has a wide range of sports to choose from. MLB betting is especially strong since the Asian markets are heavily invested in baseball.
It’s essential to choose a sportsbook that is licensed in your jurisdiction, accepts your preferred payment methods, and provides excellent customer support. Also, look for a sportsbook that offers live chat support. Check the terms and conditions of the sportsbook before placing your first bet. You can also ask friends and family to give you a recommendation on which sportsbooks they use.
If you’re new to the game, it’s best to stick with moneyline bets. These involve placing a bet on the team with the lowest odds. Favorite teams will have low odds while underdogs will have high ones. You can also try parlays, which are very popular at sportsbooks. However, be aware that parlays have higher odds than moneyline bets. In general, parlays represent the largest portion of the sportsbook’s hold.