Sign Up Bonus in United Kingdom
New bettors to legal sportsbooks will enjoy fantastic bonus offers after registering on the platform. These bonuses are a sure way to boost winning chances. Who doesn’t love getting freebies?
A particular criteria bettors look out for when signing up on a sportsbook platform is the signup bonus available to them. Before you sign up for a sportsbook, you should understand what the different signup offers, and which of them are prominent in the betting markets. This article will help you gain some insight into what to expect. Read on.
Different Types of Sign-Up Bonuses
One of the best pieces of advice anyone can give you before claiming a sign-up bonus is to study the terms and conditions of the sportsbook. No matter how juicy the bonus seems in the advertisement, there are always rules attached to them.
Some of the most common sign-up bonuses you may come across in the search for a new sportsbook to sign up include:
Deposit Matched Bonus
New customers will receive bonus funds which equates to the amount they make in their real money deposit. Depending on the sportsbook, bettors can receive 100% cash back on their deposit to a certain amount. The amount can be up to £200 or above.
Some sportsbooks limit this bonus to the first time real money deposit. Others may extend it to the second, third, and even fourth deposit, with different bonus percentages.
The free bet is another common bet where the players are offered a free bet valued at a certain amount to place on sporting event markets.
The free bet is only activated after signing up and making a real money deposit. Yet, some other sportsbooks will require you to place a wager and lose first before giving you a free bet, which is a form of a “money-back” bonus.
Also known as a “risk-free” bet, the money back bet gives new customers a chance to get their money wagered on their first bet if they lose it. The bonus is only activated on a real money first bet which is lost.
Sportsbooks usually offer this bonus in the form of bonus cash, where the bonus account is immediately funded with the exact amount of the wager placed or a free bet with the value of the real money lost.
Terms and Conditions
Even the best bonuses from sportsbooks all have terms and conditions attached. It is essential to take note of the requirements before making a real money deposit.
One of the conditions attached to sign-up bonuses is a time frame in which the bonus must be used. If the time elapses, the bonus will expire.
Another common condition seen is the wagering requirement or rollover. This is the number of times the bonuses must be used before the cash prizes can be withdrawn.
New players using the money-back bonus may also be restricted to a specific market before making use of their bonus.
One of the most crucial aspects of signing up for a sportsbook is a player’s bonus. Sportsbooks are constantly competing to outdo one another by offering juicy incentives that attract bettors and keep them engaged. Bettors are at the center of it and get to benefit anyway.
There are different signup offers, so there’s also a lot of diversity among the options to choose from. Just make sure the terms and conditions are favourable so that you make the most out of the offer.