How to Make Money at a Sportsbook

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Spread bets

Spread bets are one of the most popular ways to make money at a sportsbook. They are made for multiple outcomes, such as total goals and runs scored in a game or the distance between the winner and runner-up. If you bet correctly, you can win money. For example, if you bet that the Colts will win the Super Bowl, you must bet that they will win by at least three points.

Reload bonuses are another great way to build your bankroll at a sportsbook. Many offer them as part of their welcome packages. These are often based on a percentage of the first deposit, so the larger your deposit, the higher the bonus you’ll receive. Many sportsbooks also give away free bets to loyal customers. These free bets can be used on multiple bets, or they can even be used to place a single bet. However, you should be aware that most sportsbooks have wagering requirements that must be met to withdraw any winnings. Also, many of the sportsbooks have caps on the amount of free bets you can win.