Bonuses are some of the best offers on any sports betting site. There are various types of bonuses fit for every kind of bettor. From new ones to regulars, each type of bonus lets you maximise your betting experience to the fullest. Before claiming the best bonuses, here is everything you need to know about them:
Bonus offers for new and existing customers
If you are a new punter, most betting sites offer welcome bonuses once you sign up. Some of the common bonuses include deposit bonuses and free bets. Other bonuses can be claimed depending on the site for existing and regular bettors.
Welcome bonuses help new bettors as they start their betting journey. It depends on the betting site what offers are under their welcome bonus. Sometimes, it comes as free bets for a specific sports category on the site. The main point of the welcome bonus is that it can be claimed once you’ve created an account.
Meanwhile, bonus offers for regular customers are more varied. Some of these bonuses can be similar to welcome bonuses, like free bets. Deposit bonuses are also offered to regular bettors where the betting site matches a bettor’s deposit up to a certain amount or percentage.
Bonuses both for new and existing customers all have wagering requirements. These differ from one bonus to another, so you should read them before claiming any. Wagering requirements always vary, so always check them first.
Important things to know when looking for a good bonus
There are a lot of factors to consider when it comes to claiming bonuses and maximising their use. Check these factors first in every type of bonus a betting site offers:
A wagering requirement is a list of conditions that need to be followed to claim your bonus without hassle. Think of these as bonus checklists—once you’ve accomplished every requirement, you can now claim the bonus offer.
Each type of bonus has wagering requirements. Take, for example, the 10x wagering requirement. You have to bet ten times, with each bet amounting to the bonus you want to claim (for example, $50). You can claim your bonus and your winnings after betting ten times. Wagering requirements differ depending on the bonus from a betting site, so always check this before you claim.
The expiration date of a betting bonus is how long a bonus is offered and can be claimed. It can span a day, a week, or even months. Depending on the site you want to place your bets on, the expiration date can vary, which is why you need to check this, so you can plan out how to claim your bonuses.
Expect each betting site to offer different types of bonuses. Before you claim a bonus, know which type fits your betting strategy first. This way, you can maximise every bonus you claim.
Most popular bonus types in bookmakers
Since multiple bonuses are available in an online bookmaker, choosing which one to claim might be overwhelming. Here are some of the most popular bonus types you should keep an eye out for:
✔ Welcome bonuses
It is the first type of bonus most new bettors will encounter when they sign up at their preferred sportsbook.In some cases, it comes as a package with other perks that can help boost the beginning of your betting journey.
✔ No deposit bonuses
This type of bonus does not require you to deposit any amount. No deposit bonuses still come with wagering requirements, so while you don’t need to deposit any amount to claim this, there might be other requirements you need to fulfil first.
✔ Deposit bonuses
This type of bonus is granted after making several or consecutive deposits, depending on the betting site. Aside from the amount you deposited, you get extra credits that you can use for your wagers.
✔ Free bets
It is the most straightforward bet for any bookmaker. Most of the time, you get a specific amount of betting credits. However, keep in mind that it is not redeemable for cash. So, check the promotions page before you bet online and see if free bets are up for grabs.
Sports betting bonuses: Tips and strategies
What’s next after you claim the generous bonuses? Place your bets and hope to win. There are a few ways to maximise each bonus that you claim to have more chances of winning. Here are a few strategies you can use to take advantage of your bonuses:
Understand the wagering requirements fully
Once you get the wagering requirements of any bonus offer, it will be easier for you to plan your betting strategy. Depending on the site, it is also where the minimum deposit amount or number of wagers needed are indicated. The wagering requirements guide how to take advantage of the bonus you want to claim.
Be aware of the bonus time limit
Bonus offers are available for a limited period. So claim them before the time runs out. Ensure you’ve also met the wagering requirements within this time frame.
Don’t just play for the bonus
Bonuses are great ways to increase your chances of winning, but they should not be the sole reason you play. Your loyalty to a betting site comes with additional perks as a reward for your continuous betting journey with them. Most betting sites also check accounts and see if you’ve been playing regularly with their bonus offers. Keep betting with bonus offers and expect to get more in the long run.
The abundance of bonuses is what sets online betting apart from land-based casinos. Each type of bonus offer is also created to help each bettor with their betting strategies and experience. Find out which sports betting bonus is perfect for you, and always grab the opportunity to claim it.