Last November, SI Sportsbook, which had recently opened up shop in Colorado, offered one of the largest sportsbook sign-up bonuses in the short history of legalized online sports betting in America.
The offer was simple: Bet up to $7,500 on your first wager, and if you lose, you get a “free bet” back for the amount lost. It was the typical “risk-free” (read: not risk-free) offer, for an atypical maximum amount.
Fast-forward less than a year later, and the Sports Illustrated-branded sportsbook is currently offering new users … $100 in free bets after they make their first $20 bet.
And SI Sportsbook is far from alone in slashing its welcome offers.
