Online Betting Bonuses

Online bookmakers love offering Bonuses and promotions to their existing and new members. These bonuses can be seen as a way to get new members or to reward existing members.

Bonuses are offered free of charge but we all know that expecting something for free is rarely a good idea.

Bonuses are rewarding and can often add value to your sports betting experience, but at the same time the more rewards you claim, the less rewarding they become.

What Bonuses Mean For You

Bonuses and promotions can be claimed as soon as you have signed up to an online betting sites. The bonuses can take many different forms because bookmakers create their own unique rewards for punters.

If you want a handy list of sports betting sites and their rewards, simply check out our recommended betting site lists.

They will quickly point you in the direction of the best bonus offers you can find. They have already been checked and vetted by our staff so punters can sign up with confidence.

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Reading The Fine Print

The main element to Bonuses and promotions that bookmakers offer is the fact that if you take advantage of certain bonuses, specifically the free money offers of the deposit bonuses, then you will eventually need to pay back that free cash.

How this is done is through wager requirements. This is where the site limits your access to your account until you have wagered a specific multiple of the amount of free cash you received.

So say for instance you took a sign up bonus of 20 to get you started, the site will expect you to for instance wager 5x your bonus cash in real money, from your own pocket.

On the upside, it doesn’t matter if you win or lose these wagers, as long as you have placed the specified amount in wagers in your own money.

Bonus Options

Bonuses come in a few forms. These are only general guidelines to the forms these bonuses take.

Many sites offer their own unique twists on these standard ideas.

Deposit Bonuses

Bonuses can be awarded to new or existing members whenever they make a real money deposit into their account.

Usually this bonus is only awarded to punters who make their first deposit, but there is a variation on this bonus.

Multiple Deposit Bonuses

Bonuses can also be awarded to existing members whenever they top up their player account.

These bonuses are usually a smaller percentage than what was offered during the sign up deposit. Still, it is a great way to reward your existing members.

Free Bet Bonuses

One of the most common Bonuses most online sports bettors encounter is the free bet bonus. This is exactly what the name suggests.

When a player signs up to an online casino he will get one free bet. Now the size and nature of these bets vary greatly from bookmaker to bookmaker, but either way it is a free bet and if it pays off, the money is yours to keep.

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