No, you cannot just withdraw a sportsbook bonus. Most of them will come with wager requirements (as discussed in this article); almost all of them will need to be played through at least one time. If you were able to withdraw a sportsbook bonus, you could theoretically just sign up to the website and withdraw the casino's money. Winning a bet is the only way you’ll ever get money out of the casino, but at least when you’re using a sportsbook bonus, you don’t have to fund your wagers. It may be tempting to try and withdraw the free $200 or $200 they give you as a welcome bonus, but that’s simply too good to be true. You can attempt to hedge sportsbook bonuses, but it’s only smart if they are 1x playthrough. You can use your free bet on an underdog on one website, and then place a cash bet on the other team somewhere to ensure some sort of profit.