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If you've ever been baffled by UK betting site bonus promotions, you're not alone. As there are so many promotions on offer, it's handy to have sports betting bonus types in black and white so you can sort out what's really worth claiming.
Online bookmakers offer a variety of betting bonus deals like welcome bonuses, free bets, and cashback. These bonuses can help increase your bankroll and overall betting experience. It's important, though, to understand how these bonuses work and some terms you should know about. We have created this guide to break down all you need to know about sports bonuses. Read on to find out more.
Bookies offer bonuses to attract and reward users. They usually give you a welcome bonus to begin with, which you receive once you've signed up on your chosen platform. Welcome bonuses usually come in different forms and sizes. we'll go through them below:
A deposit match bonus is less common in casinos but not unheard of at online bookmakers. In this bonus, the bookmaker will match your deposit up to a certain amount, usually between 50% and 400%. You receive this bonus as soon as you have deposited the minimum amount that the betting site requires.
Bookmakers that offer bonus bets as a sign-up promotion have you eligible for the offer the instant you place a qualifying bet. These are usually smaller in value; for instance, if you bet $10, you would receive four $10 bonus bets. This is what it implies: you will receive $40 in bonus bets if you lose or win. If you have a small starting bankroll or are hesitant to deposit large sums, these promotions are ideal for you.
No-deposit bonuses are available at only a few sportsbooks. They usually come in the form of a bonus bet, and you'll qualify to claim them when you sign up, with no need to deposit or make a qualifying bet.
You typically need to place a deposit before you can withdraw the winnings you accumulate using such bonuses. They also come in smaller amounts compared to deposit bonuses. Nevertheless, they are the most sought-after since you can utilize them to test the services of the bookmaker prior to signing up.
Always read the terms and conditions before accepting any bonus. They will tell you about the wagering requirements and restrictions on the offer, including the minimum value of the deposit, payment channels, and any exclusion that may apply.
The following are the common terms and conditions of sports bonuses to look out for:
The majority of bonuses carry a wagering requirement that you must meet prior to withdrawing your winnings. These conditions vary from site to site. Some sites have a 6x playthrough, whereas others are as high as 40x. Failure to meet this requirement will result in the loss of the bonus and winnings.
Some promotions are limited to specific sports or bet types, and it is important to understand which. For example, a bonus might be restricted to NFL or NBA wagers, or it might not apply to specific bet types like spreads or props. Putting the bonus down could be an issue in case you do not understand how the spread betting strategy works. Always check which markets are eligible before you place your wagers so that you know how to use your bonus.
Some offers will require you to type in a bonus code to get them. Failure to do so will give you a lesser offer or no offer at all. Keep in mind that you must also type the code as it appears; a mistake will mean forfeiting the offer.
Most bonuses carry an expiry time, which can be 3, 7, 14, or 30 days. If you don't meet the wagering requirements or use your free bets within the specified duration, the bonus and any resulting winnings from it will be forfeited.
Below are some pros and cons of claiming various kinds of online betting bonuses:
You can take advantage of several luxurious bonuses at the best UK online bookies by clicking on our banners. The sites offer promotions like welcome bonuses, reloads, cashback, and VIP rewards. You are free to claim these promotions as a new and current user to bet on various sports events. Ensure you read all the terms before claiming any offer.