Virtually every online betting site will offer an initial bonus which is designed to draw in new customers. These welcome offers are available at virtually all online sportsbooks, but determining which offer is the best can be challenging, particularly if you are unfamiliar with the top betting sites. We thought it would be useful to put together a quick guide outlining some of the different bonuses you are likely to come across when betting online.
One of our pro tips is to be aware that the process for claiming your welcome offer differs between sites. Some welcome offers are automatically included when you make an initial deposit, whereas others will require you to input a specific promotional code. It’s important that you always take the time to read the fine print before you join one of the top betting sites to make sure you grab any available promo codes.
The sign-up bonus should play a role in determining which online sportsbook is right for you. Getting the most out of your initial deposit can impact how much you bet at the site in the future. It can also impact how much you win in the long run. In order to know which type of bonus best suits your gaming needs, you need to first understand the most common types of welcome bonuses on offer at the top betting sites.
Match Bonuses at Top Betting Sites
The most common welcome bonus on offer at top betting sites is a match bonus. This can also be referred to as a cash bonus. If you are unfamiliar with this type of bonus, a percentage of your initial deposit will be ‘matched’ by the sportsbook. For example, one of the top betting sites could be offering a 100% match bonus up to £200. This means that if you were to take full advantage of this offer and deposit the maximum £200, you would receive £200 in bonus cash. Betting sites will also offer different rollover requirements, so it’s always worth checking the terms and conditions of every offer to make sure you aren’t caught out by any nasty surprises in the fine print.
If you’re the kind of bettor who finds it difficult to wait for payouts, there is a silver lining. Some of the top betting sites will release your bonus funds incrementally as you make wagers at the site. Other sportsbooks may choose to release the entire bonus p front. In these instances, the bonus money is treated like regular money. Unlike free play bonus money, any match bonus money will be returned to you if you are lucky enough to win your bet.
Free Play Bonuses at Top Betting Sites
Another popular bonus offered to new customers is a free play bonus. The free play bonus promises a certain percentage of your first deposit will be awarded to you as a free bet or bets. With free play bonuses, it’s always important to remember that you don’t actually own this bonus credit. As you are being given ‘free money’, you will only be entitled to the winnings of a bet, not your initial wager.
As with match bonuses, free play offers will also come with certain rollover requirements, meaning you will have to clear the rollover before you can access any of your winnings.
Post Sign-Up Bonuses at Top Betting Sites
When it comes to choosing a top betting site, the bonuses and promotions on offer should not end with the sign-up offer. Nearly every online betting site will have a promotions page chock full of deals for existing customers. If you’re looking to make the most of your online betting experience, you definitely want to register at an online sportsbook that offers a range of promotions.
A common promotion offered at top betting sites is a referral bonus. This is either a match or free play bonus that will be awarded to you if your friend or acquaintance chooses to register at the site as well. This type of bonus is always capped and is usually determined as a percentage of initial deposit your friend chooses to make. There is never usually a limit on how many people you can refer to your chosen betting site, so this type of bonus is always on offer.
At almost any online sportsbook you will find a reload bonus. The best way to top up a waning betting account is to take advantage of a reload bonus. Whilst not as lucrative as a welcome bonus, a reload bonus can be just the thing you need to inject some life back into your betting account. Some reload bonuses will be available repeatedly and others can only be redeemed once.
In an effort to separate themselves from other betting sites, some online sportsbooks will also have a unique policy where certain events in a sports game will trigger a refund on specific wagers. These deals will likely be shown on the promotions page of top betting sites.
In order to incentivise betting on certain sporting events, some online sportsbooks may offer a bonus percentage on winnings. Bonus winnings are a great way to enjoy boosted winnings. Plus, if you win on an event that qualifies for this promotion, bonus winnings on parlay bets can continue to increase with the more teams you add.
Some of the top betting sites will also offer reactivation bonuses. If you haven’t placed a bet at your favourite online sportsbook in a while, some sites will encourage you to return by emailing out promotions and special offers. These offers can include free bets and deposit bonuses.
If you are new to betting, it’s probably worth taking the time to research a number of top betting sites, so you can be sure you have chosen an online sportsbook that suits your betting needs. When you are searching for different sign-up bonuses, make sure to read the fine print in the terms and conditions so you are aware of any rollover requirements.