Maxodds

MaxOdds offers the best collection of betting tools with their bet calculators. Our expertise also includes locating the best possible bonus codes and sign up promotions sometimes with a tip off from our clever users.

With the Maxodds Bet Calculators, gambling is made easier. Thanks to out advanced tools, you are able to provide the values for stake, betting odds, returns and or payouts for any combination of a bet. Are there some forms of betting that you prefer? Maybe it’s Yankee or Accumulator or Lucky 15 or even Single – whatever form of betting it is, our custom made Bet Calculator has you covered. Are you starting to wonder about the odds since you made your last bet? Our Dutching Calculator allows you determine how much you should stake on each selection to ensure a fixed amount, no matter what the outcome will be.

It has been noted above when discussing the various features that the bonuses you come across will depend on the sportsbook. Many books restrict the offers to just sports wagers, while others will also include promos for other products. For example Caesars and FanDuel may also include bonuses for online casinos in that segment. Some of the more common types of sportsbook bonuses include the followings and their functioning:

Sign-Up Bonus

Sign-Up Bonus is rather a straightforward term even for someone who has never heard of it. Members that join a new betting sports platform are welcomed with a small sum of website credits immediately after registration is done. These are the most basic of bonuses that one can earn, but they are simply better described as a way to get a bettor through the electronic gateway. For instance, a $50 bonus bet credit is one of the common amounts used with regard to such forms of sports betting bonuses.

Deposit Match

In a number of cases, online sportsbooks will offer to deposit the same amount you deposited on your first deposit once the registration is completed. However, the maximum figure can differ substantially, with a few going as far as $1,000. The contribution you make will be multiplied by a nominated percentage and these will be your matching funds. Some books may match 20%, while others can go up to 100%. Hypothetical illustrations can be presented as follows:

You find a book that offers a 100% deposit match bonus that is restricted to the first $500 of bets made at their site. You register an account with the said book and supply it with a deposit of $100.

The sportsbook adds an extra $100 to your account.

Your starting capital stands at $200.

You are free to use the matched funds for wagers, but some limitations will be imposed. There may also be a time limit on the use of the fund, and the amount of the fund itself cannot be withdrawn. As usual, it is advisable to check the promo terms and conditions for the details.

But if you ever think of making a deposit, ensure to maintain your deposit in a budget that you are always willing to spend as entertainment. A reminder of importance while putting your money on the line.

Bet and Get bonuses

Bet and get bonuses are being offered by large online betting corporations mainly to leverage new players being introduced in online sports, taking their wagering too into account. For instance, taking a picture of a five dollar bet registering get’s you a two-hundred dollar viewable promo, which lets you wager on deals no lower than five dollars. A few sportsbooks may require you to win, others say that you have to make a bet but losing it is optional.

This offers excitement to the bettors, enabling them to utilize their funds without having to lose the deal opposed to second chance betting opportunities offered in the underway. For instance, if you joined online betting hubs, wagered ten dollars win or lose, you still profit two hundred. There’s also a variety of sports that this type of wagers can be used on including college football betting and soccer promos betting.

No deposit bonus

This is a bonus that is awarded free of charge. What happens is that once you sign up, funds are added to your account that you can use to wager with though you are not allowed to withdraw the funds at any point. If she wins, the sportsbook will then place winnings in your account. Let us take a look at another example to understand this better:

Imagine you signup for DraftKings and receive a promotional deal of $50 on bonus bets.

You grab your Draftkings $50 bonus in your bonus bet account to place a bet. After scanning the NFL odds, you bet on Kansas City Chiefs minus 3 against Baltimore Ravens on the betting odds page.

Even though you requested Tikwins to cover the spread by taking the bet odds of a Ravens win, Dorothy still sent money over to your account in winnings.

If the given game doesn’t go your way and your bet loses, then to make more bets you will have to deposit since you have already used the bonus bet. One need not worry as there are various promotional bets where you can place one without making a deposit.

You will have to read the terms, and see how the bonuses are structured because in some instances, you might be needed to use it within a period say ranging to seven days or up to thirty days. DraftKings and BetMGM have used this type of bonus at different periods.

Bonus bets are useful to get a taste of a new platform, but that in short does not imply you should be throwing these around carelessly. Think of it like any other wager in which the prospect is a possibility of making profit if you win, and making a loss if you do not.

Odds boost

In case a book wants to sell more of its wagers, then it is a common practice to increase the odds for that particular game or prop bet to make betting more appealing. By doing this, the sportsbook relinquishes some or all of its automatically embedded advantage (also referred to as vig or vigorish). Obtained example, let’s say an online book gets the second overall American League MVP candidate in the lineup of baseball and starts placing bets on purpose knowing the outcome.

Nowadays, many bettors are going against the second over all MVP candidate Aaron Judge from the Yankees starting the game with the odds set to +250. More appealing odds come with a risk, your bet still has to win. More likely most people seem to think the game can end without a home run or a last minute game winner.

In most sportsbooks, these odds boosts are available for most of the days, although, in some cases, there are more during special events. For instance, for the super bowl, odds boosts will be widely available to attract new bettors to register.

Don't break a sweat bet

In the case that your first bet loses, then your bankroll is credited with a no-sweat bonus in the kind of one or more bets. Depending on the specific sportsbook, the actual name for such a promo will vary. In the United States of America, if the refund comes in the form of a bonus, it usually has a ceiling and bets that exceed that ceiling are only covered up to the ceiling.

To better illustrate this point, take for instance a situation in which you decided to use a no-sweat bet to place a bet of $50 on Christian McCaffrey scoring a touchdown during the next game, and the event didn’t take place. In this instance, the betting site would be giving you a bonus amount of bets worth 50 US Dollars to clear the loss you suffered from a placed wager. These amounts in the form of bets can also be used in future betting but you cannot withdraw such bet bonuses.

Another chance bet

This, in essence, is just another name for a no-sweat bet. It provides a reset in the form of a bonus bet or bets in the scenario where the first wager loses which puts you in a position of being able to place more winning bets. So, for instance if I placed a wager of $20 on the New York Yankees to beat the Baltimore Orioles and New York lost, the bet amount that I would lose which is $20 would then be credited back to my account as a second chance.

These are the typical types of welcome bonuses but it is worth mentioning that if you are successful in your first bet then these bonuses do not apply. However, the downside of these promos is that you are able to make a more risky first wager than you would have otherwise made since you will be given another chance in the unfortunate event that your first wager does not succeed.

First Bet Promo

This bonus is related with initial wagers. Such types of promotions typically ask bettors to make their first bet at a sportsbook with a certain amount of bonus bet credit. In some cases, it could be a certain amount of bonus bets regardless of the outcome of the initial wager, whether successful or not. In some situations, they may restrict their bonus to cases where the winning initial bet made by the user.

Let’s consider the situation from a different perspective, for the bet in question, let’s say you had a $10 stake on the Boston Celtics winning against the Los Angeles Lakers, this means that you qualify for the promo if Boston wins. Remember, however, the bonus bets will take the form of credits that the customer can use to bet at the book, but are not able to cash out. The same principles also apply in telling gamblers when the bonuses will be valid, for at times bonus bets are of limited duration and must be used within the said timeframe, so always review fine print.

Referral bonus

Referral bonuses are a simple and straightforward way of earning bonus bet credits by having your friends register at a sportsbook of your choice. The idea is to expand the number of customers by existing ones getting their friends or relatives to register and fund the account.

Typically sportsbooks do this by assigning a friend to use a special promo code or a sign up link to register an account. Sometimes sportsbooks require the person to result in registering Aaron’s account and to make the first deposit to a certain amount or a first bet from a certain minimum limit for the promo to be effective.