'Actual Money'įree money is cash in your account you can bet or withdraw immediately. They generally don't last forever, and if you don't use them, you'll lose them. Fortunately, the terms are usually accessible with just a single click.Īlso, keep an eye on when bonus bets expire. Some promos like deposit matches also have a rollover, which requires you to wager a certain amount at that sportsbook before unlocking the actual bonus funds.Īlways read the terms and conditions to understand what you're getting into when you sign up. They changed the naming of free bets to things like 'bonus bets' or 'bet credits' to comply with Responsible Gaming guidelines from states.

There are six main bonus types that sportsbooks offer, with most eventually ending up as bonus bets, formerly known as 'free bets.' In 2023, many sportsbooks have started moving away from 'free' language.

Sportsbooks love to make it seem like you're getting lots of money when you sign up.īut what is this money, really? Is it real cash you can withdraw and spend in real life? Or is there some catch?

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