Types of Sports Betting Bonus Offers
You can often be amazed at just how generous some of the many different sign up welcome bonuses are going to be when you sign up to any Sportsbooks, bookmakers or sport betting sites as one of their new customers. However, a someone who does intend to place any number of bet and wagers you will need to acquire something of a sixth sense in spotting just which bonuses are going to be worth claiming, and which ones may not be offering you the maximum value.
As such in this guide we are going to be taking a look at some of the most commonly given away betting bonuses and promotional offers and deals you will find being offered to you if you sign up to any of our featured betting sites. Plus, to enable you to spot a high valued bonus we have a included below a few things that you should be on the lookout for in the terms and conditions associated with any new custom sign up bonus you do come across, that give you a much greater chance of winning when using them!
Keep in mind that many betting sites, Sportsbooks and bookmakers sites will often renew and update their respective in welcome offers suite regularly and as such always check to see if any site you have been thinking of signing up to has indeed updated their welcome offers, as they may do during any major sporting events and fixtures!
Free Matched Bets
You will often find a large number of betting sites are going to give you a free matched bet when you first sign up, make a deposit into your betting site account and then palace your first real money bet at that site. What you need to be aware of however is that such free matched bets will always come with a maximum amount you can claim as a free bet and as such it may be pointless placing for example a £100 first initial real money bet if the most you can claim via a free matched bet sign up offer is say £50!
Another thing to be aware of when you are thinking of claiming such a free betting bonus is that the free bet when placed, and if it turns out to be was winning one will often see you only receiving the winnings form that bet and not getting your free bet stake back. So if you place for example a free matched bet worth £50 on a 2 to 1 winner, then you will only receive £100 back from that bet as the initial free matched £50 stake is not going to be included in that winning payout.
So our advice is to carefully read through the terms and conditions of any such bonuses to see if your free matched bet stake will be paid out as winnings, as that may have a bearing on just how generous those types of free bets are going to be!
Deposit Match Bonuses
A deposit match bonus is probably going to be one of the most enticing of betting site bonus offers and promotions, and they are not usually only reserved to first time real money depositing customers of any betting site for often many betting sites will offer them to their most loyal of customers too on an ongoing basis. How these bonus work is fairly straight forward, for when you make a deposit into your betting site account at any site offering such a bonus the betting site will match that deposit unto a certain amount. But only if the offer is a 100% deposit match bonus of course.
Some bonuses may see you only being able to claim say 10%, 25% or 50% of your deposited amount as bonus betting credits, and as such it is always the bonuses offering the higher percentage match that will be offering you the best value. Keep in mind though that often you are required to place a certain volume of bets and wagers with such bonus credits before they finally get turned into real money credits that you can then cash out.
So much like any other bonus or promotional offers always read through the terms and conditions of any such bonus to find out what you will be required to do with your bonus betting resist before they get turned into real money credits, as that aspect of the terms and conditions is very important!
Money Back Bets
One final sports betting bonus offer you may find is going to offer you a no risk betting opportunity is a special type of promotional offer known as a money back offer. As the name of this type of offer does imply, you are going to get your money back if you place a real money bet on the selected sports betting opportunity but that bet does not turn out to be a winning one!
However, there is one thing you do need to be fully aware of when you are offered a money back betting opportunity, and this is quite important, not all betting sites will return your losing stake on one of these promotions as cash credits. Instead they will offer you your money back as a free bet up to the value of that losing bet, and as such before you can withdrawal that losing stake money retuned to you then you must first place an additional bet and hope that it wins.
If it does win then you will of course get more cash back than you initial losing bet, however if that bet loses you will obviously not get anything back what so ever! So once again it is important for you to ensure you fully known and understand how any money back betting bonus has been designed as what may seem like a very generous offer will not turn out to be so once you read through the terms and conditions!