You first have to understand how bonuses work. If you already know how or are a repeat visitor, you can the best bonuses from the list below and start turning them into free cash right away. Just click the ‘Get Bonus’ link to start. Don’t forget to go through bonus TACs to ensure you play within the rules. Else. read on below the table to find out how sports betting bonuses work.
Bonuses are a notable allure of online sports betting platforms. Taking advantage of them every now and then will definitely improve your bankroll management skills. If you follow our bonuses and promo codes offers well, you can get hundreds of dollars in free bets, rebates, deposit bonuses, and lucrative VIP programs.
Combine this with good luck and proper match analyses and you can easily break even. After all, you still have to make winning bets to enjoy your bonuses.
Signing up for the first sportsbook you see that offers a bonus might be a fast way to jump in. Don’t do that just yet. You don’t want to end up judging good bookies wrongly and calling them ripoffs.
Why Do Bookies Offer Bonuses?
Sports betting sites offer free stuff to new and existing customers for different reasons. There is no cause for alarm, these ‘free’ offers are always in good faith. Here are the top reasons why offers exist.
- To entice new customers and increase the player base
- To reward existing loyal customers
- To encourage dormant accounts to start playing again
Needless to say, these bonuses come with stringent terms and conditions that make it a bit hard to use them as you please. In most cases, they are a good way to test out a new betting plan. If you are lucky, you can turn them into considerable profits in no time.
Popular Bonus Terms and Conditions
We’ve been researching bookie bonuses for years now. Here are some of the most popular bonus TAC we have encountered over time:
- The player must finish registering for an account, verify it and manually opt into a bonus promotions feature
- Your first deposit must be within a designated threshold that varies from bonus to bonus
- You have to turn over the bonus value a number of times before withdrawing the winnings
- Restrictions on the types of bets you can use the bonus on. These could be sports types or the actual odds on the games
Look out for these clauses when choosing a bonus because they heavily determine your chances of turning the free money into real hard cash you can withdraw.
Types of Bonuses
There is a wide range of promotions out there. We will try our best to give you a huge number of them so you won’t have to waste time trolling the web for opportunities. Some of the most popular bonuses you will find on our site include:
Welcome Bonus
This is a special bonus designed for new customers. It could be of any of the types below. What differentiates it is it only applies to new accounts and can only be claimed once.
Deposit Bonus
This is a popular ‘deposit to get’ bonus. It could apply to first time players or existing account owners. You get a percentage of the amount you choose to deposit credited to your player account. There are, of cause, minimums, and maximums coupled with TACs that you should read when choosing.
A good example is a deposit of €10 bet with €15 that requires you to deposit 10 euros to get a 5 euro bonus.
Bet to Get Bonuses
These are bonuses that instead of appraising your odds give you a percentage bonus after placing a bet. They have strict rules and the percentage bonus you get depends on how hard your betslip is. Most favor multibets. A good example is a bet that promises you 20% bonus of your potential win if you wager on a multi-bet slip of at least 5 games.
Promotional Bets
These are one-off promotions that casinos run to either attract new players or incentivice dormant accounts. The terms will vary depending on what the casino has in mind. These have a timer and expire on a specific.
Free Bets
These bonuses allow you a number of valued bet slips that won’t need you to use deposited funds. They are common on jackpot events or bundled betslips that a bookie requires players to wager a fixed amount on.
No Deposit Bonus
This is a rare cash bonus given when you finish signing up regardless of whether you deposit funds or not. They are normally small amount though, just enough to get you started.
Refer a Friend Bonus
Some bookies will offer you a bonus if new people signup using your invite code. Be sure to check the fine print to understand how much you will get and when you will get.
Things to Consider When Choosing a Bonus
Choosing a bonus is easy. You can, however, be easily frustrated if you didn’t read the fine print well and didn’t know what to expect. The top things to be aware of before making a decision include:
- The turnover requirements: How much do I have to win before I can withdraw?
- Time limits: How long do I have to use up the bonus money?
- Wagering requirements: What sports or nature of bets can I wager on with the money?
- Odds restrictions: Are the odds restrictions something I am willing to work with?
Bottom Line
Sports betting bonuses and promo codes are never 100% free. There’s always a catch. However, with a bit of reading through the fine print, some luck, and playing by the books, you can end up with extra cash in your pocket without putting so much at risk.
