Top 10 sportsbooks
Bet365.com: Bet365 is without a doubt one of the leaders in the sportsbook industry and logically offers their new customers very enticing welcome offer, which is one of the best on the market. Everyone who signs up receives bet credits after their initial deposits, which are up to $50. They can be used in any sports category as any returns are added to the account later.
Betano.com: Betano burst onto the scene with one of the best offers for their new users – 100% up to $500 of first deposit. The only thing to do is to validate your account and deposit an amount into your account, which is at least $10. Remember that the bigger the deposit – the better is your bonus.
Betway.com: Betway’s welcome bonus sport is 100% up to $200. This may seem like not that good of an offer compared to others, but the platform mainly relies on good sports betting bonuses for their existing customers, so don’t think they will be short on promotions.
Betfair.com: Betfair’s offer for new customers is not connected to the initial deposit percentage wise. The website offers $50 that you can bet freely and the only conditions is your first deposit to be $20 or more, which is very easy condition to cover.
Betsson.com: Betsson’s welcome offer is $100+$10 free bet, which is very good bonus. First of all – it is not connected with the size of the first deposit and second – you get free bet opportunity aside from the cash bonus. Also, Betsson’s welcome betting bonus does not need any special code, which makes it easier to get.
Betsafe.com: Betsafe also has one of the good betting sites bonuses that would intrigue quite a few fans. The offer for sports is 100% up to $500. Make sure your first deposit is at least $15 so that you can take advantage of their offer.
Williamhill.com: William Hill is choosing to offer their new customers something similar to Betfair’s promotion. It is £30 in free bets if you bet at least £10 in sports.
Sportingbet.com: Sportingbet does not differentiate its starting bonus between sports and casino and it is the same for every new user. You can get up to $50 free bet alongside odds boost token, The odds boost token is the most interesting part as you can use it to bump up your odds of choice so that the winning will be higher.
Bwin.com: Bwin is the only major booking operator that offers new customers free bet. Every new account will receive $100 as a free bet if a bet of the player’s choice does not win. How it works? Your initial deposit should be $10 or higher and make a bet up to $100. If you don’t win, Bwin will restore your money so you basically have an opportunity to try your luck at a higher risk bet as your money is not at stake.
How do sportsbook promotions work?
They are are part of the corporate strategy of any betting platform to increase interest in themselves. Promotions are targeted at a certain type of customer (whether new or already registered), and the size and ways of receiving a certain bonus are different for each offer or bookmaker.
In addition to the main bonuses, bookmakers very often launch promotions on special occasions such as major sporting events, major holidays such as Christmas or Easter, and sometimes special times of the year such as the summer months are chosen to offer special promotions for fans. This is not by chance, because at these times of the year there is more free time, which in itself means more opportunities for customers to play.
Bookmaker promotions are both a chance for players to win more money and at the same time a tool for platforms to increase their engagement and possibly their profits.
How do bonuses work?
Online betting is a very dynamic environment and every advantage counts. Regardless of whether you are new to this field or an experienced player, one of the main factors that can help you a lot are bonuses.
Bookmakers are working hard to develop their promotional strategies so that they can simultaneously delight all their customers with new opportunities, but at the same time benefit from this campaign. We must be aware that bonuses from sports bookmakers are not primarily offered to give away money to their customers. However, bookmakers also think about their business and the more activity there is on their platform, the more they earn.
The exclusive betting bonuses that players earn the most from are the ones with no wagering requirements. There you get a smaller amount as a gift, but you can play it once and the winnings stay with you. The other type of bonuses, which always have larger amounts, percentages and chances of winning, are those that you have to bet several times before you can have the amount in your account. There is a fact that the money received is more, but you have to play smart to have a good profit at the end of the rolling period.
Very often, mostly inexperienced players see a huge amount as a bonus and start gambling it indiscriminately in an attempt to quickly play through their bonus, but end up with minimal or no winnings. Yes, this is good for the bookie, but remember that apart from having fun, you are also betting for profits.
Types of sportsbook bonuses
Bookmakers have the freedom to offer anything, according to their goals and promotion policy. There is no limit to either the type or amount of bonuses, but in most cases companies limit themselves to five main types of bonuses.
Here they are:
1.
Start bonus:
t is offered only to new customers. There are many different varieties, but the most common is a percentage of the first deposit made into the player’s account. Most bookmakers double the amount or the so-called 100% bonus.
2.
Free bets:
With this offer, users get the opportunity to make a free bet for an amount determined by the bookmaker. Thus, customers do not bet their own money and can take advantage of this in a riskier bet where their profit can be greater.
3.
Deposit bonus:
It is similar to the starting bonus, but it is applied when one deposit has already been made. Or to put it another way – this offer is for existing customers who can also benefit from a good promotion and additional playing funds.
4.
No deposit bonus:
This bonus is not tied to any additional actions by the customers. The bookmaker offers it as a gift and therefore it is often of minimal value, but still played correctly it can bring solid profits without any risk to the money in your account.
5.
Cashback Bonus:
It offers a certain percentage of your played bets to be returned back to your account if you failed to win them. The most common offer is 10%, which will mean that you will get $10 back into your account if you have wagered $100 within the time period specified by the promotion
Bonuses for New Clients
Bonuses for new customers at sports bookmakers are designed to increase consumer interest in sports betting. In most cases, these are the biggest offers platforms offer to incentivize potential customers to create profiles.
In most cases, bonus offers for new users are a percentage of the first deposit that is loaded into the account as an amount that you can bet multiple times. Other offers include free bets up to a certain amount and a cashback if you lose any bets.
There are also various promotions for new customers such as “Bet $1, get $100 for bets” and many more. The options are countless and it depends on the policy of the bookmaker itself.
Bonuses for Existing Clients
Unlike bonuses for new customers, those aimed at existing clients are designed to keep them interested in playing on the platform.Most often they are related to deposits into the account, then again there is a percentage connection to the amount you deposit.
However, some companies do not want to tie these promotions to percentages and have a certain amount that they give away to their customers after a certain number of deposits.
Free bets are also very popular, as they not only have no difficult conditions to cover, but are also a perfect gift for players who have long wanted to try their luck on an event or sport, but they did not want to risk their own funds.
Remember that the more active you are on a sportsbook platform and the more often you play, the greater the chance that the bookmaker will notice you as a loyal customer and offer more and more tempting offers.
How to Get Bonuses in Online Betting Sites and Casinos
Advantages and Disadvantages of Bonuses
Sportsbook bonuses can be tempting offers, but the advantages and disadvantages of these promotions need to be mentioned:
Advantages
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Free bet: You can play without risking losing your personal money, but only those added by the operator to your account. It is the perfect chance to try something new and make the bet you’ve always wanted.
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Increased value: these offers can put addition value to your game, giving you extra means to increase your winnings as long as the bets you choose are successful.
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Trying out new markets: The fact that you have practically free bets is an excellent opportunity to try out new sports and events to bet on and test your knowledge and intuition for them.
Disadvantages
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Wagering conditions: Most bonus offers come with conditions to wager multiple times. These rules can sometimes be too high, making it difficult to meet the deadline.
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Restrictions on certain bets: Bonuses may be subject to restrictions on the type of bets they can be used for.
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Time Limits: In most cases, these promotions must be received and completed with bets within a certain period of time. If you fail to enter within the deadline, the offer will be disabled and you will miss out on receiving your winnings.
Wagering Requirements
These of the main rules that must be met when receiving a bonus offer from sportsbooks. They are set by the bookmaker and their main purpose is to prevent customer from getting their money to play and immediately withdrawing them from their account.
These terms generally specify an amount to be wagered whether as multiple bonus bets or a combined amount of bonus and deposited funds. If you receive $10 bonus and have 5x wagering requirement, it means that with bets totaling $50, their winnings can be withdrawn.
Until you fulfill the wagering conditions, both the bonus funds and the winnings earned to date from these bets are “frozen” and you cannot withdraw them.
Conclusion
Sportsbook bonuses can be a valuable tool for bettors, but should be used with care so you don’t lose more money than was received as part of the promotion.
Betting responsibly and making decisions with your mind, not your heart, are two of the main pieces of advice that are often given so that the funds from these bonuses can turn into serious winnings that come your way.
