Sportsbooks that offer bonuses and promotions are generally looking to attract new players, keep current players, and entice former players back to the site. Customer acquisition and market share are important for sportsbooks, but what can you do to maximize your profits? Here are some tips for choosing the best sportsbook:
Legality of sports betting
A great many US residents are unclear about the legality of sports betting, and this confusion only intensifies as more states begin to approve it. The Professional and Amateur Sports Protection Act (PASPA) has been invalidated by the Supreme Court, but this doesn’t prevent states from setting up sports betting operations. As of May 2018, almost half of the states have legalized sports betting, with many more on the way. By 2024, it is estimated that over 40 states will have legalized sports betting.
Wide global coverage
A well-designed sportsbook will offer comprehensive coverage of all major sports. The number of in-line games should reach 200, and the selection of Esports should be equally extensive. The site should also feature more than nine thousand games and one million live events. By providing such a wide range of options, a sportsbook will be appealing to a wide variety of sports bettors and attract more players. Here are some factors to consider when selecting a sportsbook:
Loyalty programs
While there are a variety of sportsbook loyalty programs, most of them provide a similar level of benefits. The most common of these are VIP points, which are converted into free play or cash bonuses. VIP programs may have a minimum wager or percentage of stake return requirement. The rewards must provide real value to the sportsbook’s customers, whether they are newbies or long-term loyal players. Here are some ways to find the best sportsbook loyalty program for you.
Reputation of bookmaker
BookMaker sportsbook is a leading online betting site for US residents. It posts betting lines ahead of its competitors, and has a solid reputation with its players. Bookmaker is also known for its quick payouts, high betting limits, and responsive customer support staff. It also offers a variety of bonus options. We’ve outlined some of the advantages of BookMaker below. Read on to learn more about this site.