Refer-A-Friend Bonuses

Refer-A-Friend bonuses are a way to enhance the betting experience for existing customers by earning bonus funds for inviting new players to the sportsbook. 

How Refer-a-Friend Bonuses Work

When an existing customer refers a friend, who then signs up and deposits money, both the referrer and the new member receive a reward. This incentive varies by sportsbook but is typically in the form of free bets or bonus credits.

Pros

• Bonus Rewards: Both the referrer and the referred get bonuses.
• Easy to Get: Simple claiming process.
• More Engagement: Encourages active betting.
• Community Building: Helps create a user community.

Cons

• Wagering Rules: Specific betting requirements for bonuses.
• Limited Offerings: Not universally available.
• Referral Cap: Maximum number of referrals.
• Abuse Risk: Possible account restrictions due to misuse.