A Guide to Betting Bonuses
In life we all like a little bonus that requires us to do very little, and happily the sports betting industry is one that is rife with bonuses, promotions and offers that help your money to stretch that little bit further.
There are numerous different betting bonuses available, and typically these are offered at the point of signing up for a new account with a specific bookmaker. Here is a guide to the various different bonuses out there and common pitfalls to avoid:
First Deposit Bonuses
So when you register for a new player account, naturally you will need to deposit a certain amount of money to get started.
The good news is that many bookmakers will tie in a percentage bonus to this amount, for example, if you deposit 50€ on bet365 then the bookie will hand you 50€ completely free of charge to bet with!
Just be wary of the fact that these bonuses often come with certain caveats, i.e. you might only be able to bet on certain markets and events, or you will have to make sure your selections meet the minimum odds criteria stipulated. Make sure you read the small print of all bonuses!
Free bets are typically offered to new customers of a specific bookmaker upon sign up, although some firms offer existing players ongoing bets for meeting certain conditions. These free bets can coincide with big events, such as the Grand National or the FA Cup Final, or be handed out when you have deposited a certain amount like on Matchbook, where you can get up to £30 in free bets just for making first deposit.
Again, there are hoops to jump through, such as wagering requirements (the amount you need to bet before you can access any winnings) and minimum odds, but once you have explored what these are you will be on course for free bet heaven!
Money Back Specials
Some bookmakers offer money back specials for specific events, e.g. if your horse finishes second in the Grand National, or a football match ends in a 0-0 draw. They may even refund bets where a specific team/player wins the tournament. If that’s the case, then your stake will be refunded to you in full.
Mobile Specific Bonuses
Some betting firms will offer bonuses specifically for using their mobile products, whether an app or mobile browser site. From your first mobile deposit to placing your first wager via your mobile phone or tablet, many bookies will hand you a bonus for getting involved e.g. SkyBet or Paddy Power.