Sign Up Bonuses
This is a bonus you earn simply by registering with an online sportsbook. Typically you can only get a sign up deposit bonus once, when you make your first deposit, but some online sportsbooks 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 capped amount. Many sites use promotional codes to claim your sign up bonus so keep your eyes peeled for the best offers.
No Deposit Bonuses
Many online sites offer a variety of sport betting bonus no deposit needed offers. Generally you will need to register an account before you are eligible for a no deposit deal.
The bonus will usually be a sum of free cash to try out your betting skills and will certainly come with rollover requirements before you can cash out any winnings.
No Risk Free Bets
This is an alternative form of deposit bonus. Instead of matching a percentage on your deposit, you are given a certain number of risk free bets. If you lose your free bets, the money will either be returned to your account, or credited to you as a bonus with a turnover requirement.
Online Sport books like to offer a free bet that will match part or all of your deposit. This is a lucrative incentive with a free cash bet and the potential to cash-out winnings. These will give punters an opportunity to up their stakes and possible win bigger.
The maximum bonus amount awarded, minimal deposit required and any withdrawal limits will be available in the specific terms and conditions of each offer. The value of the free bet varies depending on the type of promotion offered by individual sportsbook.
A deposit is required in order to participate this type of offer and there are several ways to access free bets. Punters can use a unique coupon code, claim a freebie following a deposit and then claiming on your bet slip, or the free bet is automatically added to your bankroll following a deposit.
Most good Sports books will work hard to keep you bankrolled and placing bets with a host of reload bonuses which are given every time you choose to fund your account after your initial deposit.
A really excellent deal to grab are the odds booster or extra potential returns for each stake you place on your bet slip. All you need to do to enjoy stake boosters are to select your bet and hit the odds booster button, where applicable. Each booster will automatically increase your possible results by lengthening the price on one of more of your bet selections. Such deals are often selectively offered to loyal and consistent customers and will appear as discount tokens within your account.
Combination and Accumulator Boosters
Bet combinations, parlays and accumulator stakes will often be matched or boosted by great sportsbooks.
How does this type of deal work?
You just create a bet slip with two or more selections/combinations and depending on the amount of the events or sports on your slip, you can get an added bonus percentage added to your accumulated winnings.
The bonus does not apply where a stake has been fully cashed out, but on a partially cashed out stake, the bonus will be calculated based on the remaining active stake.
Spread the word about your favorite sportsbook and you may be boosted with Refer-a-Friend bonus. So many great Sports betting sites encourage you to cash in on friend referrals.
What To Be Aware Of...
When accepting kind of free bet or bonus be sure to know what kind of strings are attached. All bonuses require what’s referred to as a rollover or turnover, and this requires you to make a certain amount of wagers before requesting a payout. Five to ten times the bonus is a common range for turnover requirements for online sports books.
Some bonuses also require players to enter a specific sportsbook bonus promo code to unlock the full value of an offer. It isn’t always worthwhile to pick the biggest bonus, rather the most valuable overall offer in terms of boosting your stakes and withdrawing any winnings.
Knowledge is power and the more you know, the more successful your sports betting will be.