The amount that the referee needs to deposit/wager – You don’t want to burden your friend by forcing them to deposit and wager an extremely steep amount, especially if you don’t know how much is in their bankroll.Here are some things you should consider when you’re choosing an online referral bonus: Since referral bonuses are unique, you’ll need to keep your eye on a few important things, especially if you’re hoping to get the best deal around. What To Look For When Choosing Betting Referral Bonuses? Nowadays, it’s extremely common for top online sportsbooks to reward both the referrer and the referee. Once they do so, you’ll be rewarded with either a free bet or a bonus in the form of site credit. The general rule with most refer-a-friend programs is this: the person you’ve referred to either need to make a deposit or bet a specified amount-some sportsbooks might state that the referee needs to do both. Referral bonuses are common in many online industries, not just sports betting.Įven if you’ve never interacted with a referral link, you probably know how referral programs work.Ī sportsbook referral bonus follows the same structure as any referral program: simply refer a friend to a site you’re signed up to and the sportsbook will reward you with a bonus.