Types of Sports Betting Bonuses
Planning on betting with an online betting site? One of the many fun benefits of betting on your favorite sports teams online is taking advantage of free bonuses offered by bookies. There are several different types of betting bonuses which are common. Some bonuses you can get only once; others you can receive a number of times. While you shouldn’t choose your online betting website exclusively because of the bonuses they offer, it is one feature to take into account while you are making your selection. Here are some common types of sports betting bonuses you can expect to run into during your search for a bookmaker:
- New account bonus. This is a bonus you earn simply by registering with an online bookie. Since you will only register once, you can only get this bonus once. Don’t try to cheat the system by registering multiple times from different bank accounts. Bookmakers can track that kind of behavior nowadays.
- Deposit bonus. Similar to a new account bonus, this is another type of welcome bonus. Typically you can only get a deposit bonus once, when you make your first deposit, but some online bookies may give out bonuses on subsequent deposits as well. Usually a deposit bonus is a percentage match on your own deposit up to a certain amount. So, for example, you might be offered a deposit match bonus of 100% on up to £100.
- Mobile bonus. This type of bonus is not as common, but you will find a few popular bookies out there who will give you a bonus simply for betting on your mobile device. You may be able to get this bonus even if you are not a new customer.
- Free bets. This is an alternative form of deposit bonus. Instead of matching you a percentage on your deposit, you are given a certain number of “free” bets. If you lose your free bets, the money will either be returned, or credited to you as a bonus with a turnover requirement.
- Online casino bonuses. Many online bookies also run online casinos. You may be able to claim additional bonuses if you play online slots, poker, or other games. You can visit our page that features some of the best online casino bonuses you can find on the web.
Turnover is something else you need to be familiar with when you are learning about bonuses. While bonuses are exciting promotions, they don’t come without some strings attached. Generally with any type of bonus, you need to achieve a certain betting turnover in your account before you are free to withdraw the bonus money. Six to ten times is a common range for turnover requirements for online bookmakers.
The above list covers most, but not all, of the bonuses you will encounter when you are betting online. Some bookies may have other types of bonuses or promotions. Special promotions are common on holidays, and some companies may also give you a chance to bet for free now and again if you are a regular customer or have been with them for a long time. Make sure you learn the terms and conditions that go with any bonus you are going to accept and be always in the know of what you're signing up for!