A sportsbook is a gambling establishment that accepts bets on various sporting events. In the United States, bets can be placed on different sports including basketball, baseball, boxing, (American) football, hockey, soccer, and tennis. Before 2018, only Nevada and Oregon had legalized sports betting, but the industry has since expanded to more than 20 states.
A good sportsbook offers a variety of payment methods to cater to users, from credit and debit cards issued by major issuers to popular e-wallets. Some also offer their branded Play+ card, which is an FDIC-secured reloadable card. Other popular deposit and withdrawal options include e-checks, PayPal, Apple Pay, and direct bank transfers. Some sportsbooks also verify that customers are within state lines using geo-compliance services.
In order to attract and retain users, sportsbooks should provide attractive welcome bonuses. These can range from guaranteed bonus bets to a first-bet offer up to a certain dollar amount. A good welcome bonus will give the impression that a sportsbook is not only competitive but also puts its users first.
It is also important to take note of the features offered by your competitors in your market. This will help you come up with your own unique offerings that will separate your sportsbook from the rest of the competition and keep users coming back for more. For example, you could include filtering options in your product to allow users to bet only on the sports and events they are interested in.