How to use Sportsbook

What would you say to have your golf betting wager boosted by as much as 115% of your deposit, or getting 20% of your stake back when you lose a bet? These are some incentives golf bettors can enjoy today when betting on their favorite golfers. There are many sportsbooks online and they will dangle these goodies to lure you to play. You can use sportsbook bonuses alongside other strategies like the Lucky 31 bet calculator to make your golf bets more lucrative.

There are different sportsbooks bonuses open to old and new customers alike. Here are some of the most common:

First deposit bonus

This bonus is also called a welcome or sign-up bonus. You will get it when you sign up with a sportsbook. The sportsbook will match your deposit up to a certain limit. You will find generous offers that match your bonus by 115% up to £500.

Payment method bonus

You qualify for this bonus if you deposit with a payment method favorable to the sportsbook. For example, you will see a 100% Crypto bonus. A sportsbook will offer this bonus to encourage use of payment methods that have low transaction costs.

Reload bonus

You get this bonus for topping up your account. The sportsbook will match your deposit with a percentage, for example,  25% up to £100. Some sportsbooks will reward you more for setting up automatic reloads. You will need to set your deposits to come in at specific dates each month.

Special day bonuses

You get this bonus for depositing on specific days, e.g., a Monday reload bonus will reward you for depositing and playing on a Monday. This bonus expires at the end of that day.

Rebate / cashback bonus

You qualify for this bet when you wager accumulator or acca bets, also called parlay bets. You can wager this bet when there are several golf events happening simultaneously. You will stack your winners in a single bet slip. The cashback bonus applies if a number of bets fail. The sportsbook will give you back part of the stake, when one or two bets fail. You get more cashback for higher odds on your acca bet slip.

How to use bonuses in your golf bets

There are two strategies you can deploy to use your bonuses more effectively.

Calculated Accumulator Bets

Accumulator bets raise the odds on your bet slip, meaning you will earn more from the same stake than you would have won in wagering single bets. You can use a betting calculator like the Lucky 31 bet calculator to help you stack these bets. Accumulator bets come with high risks, but the losses are minimized by cash back bonuses.

Matched Bets 

Matched betting works with welcome bonuses. You will use the free bet on your sportsbook and another bet exchange. You will lay a free bet on the sportsbook, for example, Tiger to Win at the odds of 1.30.

You will then look for a Tiger bet on a betting exchange, where you will wager a cover bet. This bet goes opposite to the first bet, e.g., Tiger to lose at 2.30. If Tiger wins, you win the lay bet. If he loses, you win the cover bet. You are safe either way. You can do matched betting only once per sportsbook.

The good thing is that there are hundreds of sportsbooks where you can access all these popular bonuses. You could sign up to a new sportsbook each month and not exhaust them in a year. You are free to sign up on as many as you can and have fun taking advantage of sportsbooks for more profits in golf bets.