There are thousands of online sportsbooks offering different types of bonuses. Most of these bonuses are meant to woo new users and in other cases to appreciate old loyal customers.
Today, we will explore some of the most common types of bonuses and the impact they have on a bettors account.
Sign-up or Welcome Bonuses
These are the most common types of bonuses and almost all sportsbooks offer them. The only requirement is for you to sign up and make a deposit. You will find most of the sportsbook offer a bonus as per given percentage of the deposited money. Although most people believe that these bonuses come with strings attached, they are a good way to start you off since they help you increase your bankroll.
Cash bonuses are much smaller as compared to the sign-up bonuses. They are available upon sign up and they come in a much smaller and fixed amount. There are no limitations on how you can use the bonuses.
No Deposit Bonuses
Most newbie bettors would want to start off with these kinds of bonuses. Most of the sportsbooks offer them at the sign-up stage where a new client is not required to deposit any money for them to enjoy the bonus. You have the privilege of using this free cash to test the waters prior to making a huge deposit. The only challenging part is the high rate of roll over and the tough wagering requirements that accompany such types of bonuses.
Sportsbooks are in the market to make money and so they have many avenues of attracting clients to make deposits in their betting accounts. There are those who offer a reload bonus for every deposit a client makes. However, not all sportsbooks offer these bonuses although most of them will do it over again but only during their special promotions.
Free Bet Bonuses
Another great type of bonus for every bettor is the free bet bonuses. With these bonuses, a bettor can place wagers without necessarily depositing any money. If your bet wins, they allow you to take home the cash. However, you might need to place a wager more than once before you can qualify for this type of bonus.
Match Play Bonuses
Match play bonuses differ a little from the cash bonuses. These are offered to you after considering the most likely outcome of the event. It is more or less like a coupon that can only be used once. Before you can be granted a match play bonus, you will need to meet a set of requirements.
Are you ready to place a wager?
The above list is not a conclusive one but it talks about the most common bonuses that you will encounter in your betting career. We have many more articles that are a great resource for our dear readers. One of the highly recommend first is RescueBet for example.
And now you are ready with sports book bonuses, start getting rewards from online betting websites.