So why do sportsbooks give away free bonuses? Mobile sportsbooks are in a scramble to acquire customers. Traditional deposit bonuses are often much larger but require bettors to input their financial information and make a deposit. No-deposit bonuses are often paired alongside standard sign-up deposit bonuses. All that books ask in exchange is that bettors successfully compete the registration process. There is no monetary commitment required to receive a no-deposit bonus. Bettors cannot immediately withdraw no-deposit bonuses, but they are free to cash out their winnings after meeting predetermined criteria. It’s a small chunk of change, usually in the $10 – $40 range, gifted by a sportsbook. A no-deposit bonus is exactly what it sounds like.
