Betting bonuses and Sportsbook bonuses explained
The online betting market is getting more competetive all the time! Hoping to persuade new customers to sign up, most of the bookies are offering them welcome bonuses.
These bonuses are also known as sign-up bonuses. When making a betting account and first deposit, you will usually be awarded with some type of a bonus. In sports betting welcome bonuses are usually related to your first deposit amount. So when you choose to make your first deposit, the bookmaker will match your amount with a certain percentage of that amount. It is not unheard of that you will double up on your original deposit amount this way!
This is the most common type of betting bonus you run into on betting sites these days. All of the big sites are offering a bonus as described above. However they do differ from one bookmaker to another, regarding the type and the size of the betting bonus. Using a welcome bonus is highly recommended from our part, although we do want to underline the importance of reading the terms and conditions regarding the offer. With welcome bonuses there’s usually some kind of wagering requirement involved, which means that you will need to wager your deposit and the awarded bonus money for a certain amount of times before you can wihtdraw your deposit and winnings.
It is also highly common that this wagering needs to be done inside a certain amount of time. If the terms of the bonus are not fulfilled the bonus might expire and the player could lose all the profits and the deposit that has been made. Wagering the bonus might also be restricted to certain events or sports. So we recommend to check the terms and conditions thoroughly.
Start betting with a sing up bonus
Most of online bookmakers are offering their new customers a welcome bonus. It may also go by the name of a sign-up bonus. This is the most common betting bonus you will find on online markets. There are plenty of good offers out there, and we’ve gathered them here for you! A good bonus is good news for your bankroll and winnings in online betting!
Acca Betting Boost
Along with the welcome bonus explained above there more sorts of a sign-up bonus that are in use by several bookies. These promotions often go by the name of Acca Boosts. With an Acca Boost you will usually be betting on a combination of bets from the bookmaker. Usually this requires a combination of three or more wagers. If your bet turns out to be a successful one you will win with an extra percentage on these bets.
The bookmakers usually put out generous extra percentages for these combination bets. If you’re lucky you could be looking at an extra of 20-30%. To reach the maximum percentage it is often required to place more wagers than you normally would.
With Acca Betting Boost we also highly recommend that you read the terms that apply to these betting bonuses before actually making any decision on you wager. Acca Betting Boosts often include the strictest bonus rules and requirements that you need to fulfill before you can claim profit from them. As always you want the best value for your money when you are choosing a betting bonus that you want to claim. So we recommend you to take a careful look at the entry levels for every promotion regarding the minimum number of bets, the highest percentage boosts and such. This saves you from unpleasant surprises and makes your online betting less of a stressful experience.
Betting bonuses on popular markets
The Acca Boost betting bonus is mostly a general deal which means you can choose to use it almost anywhere you want within the bookmaker’s sportsbook. Sometimes they can be more specific though. For example ”The Individual Goal Scorer” is one of the most popular options among football fans. For that reason some betting bonuses have been created for these purposes.
Some of the most famous of these are Double Delight and Hat Trick Heaven that you can find at the British bookmaker Betfred, among others. In these cases, you pick which player you think will do the first goal and if the player does score you will win. However, the excitement doesn’t stop there. If the same player goes on to score a second and even a third time you will win even more. This betting boost has proven itself to be one of the most popular betting boosts but there are many more. Make sure you look into your chosen bookies list of offers.
Look for for price boosts
There’s another thing called price boosts and this often comes in addition to enhanced odds. Not all bookmakers offer price boosts but the ones that do usually base this on a specific set of events during a game or a match. Let’s set up an example. There’s a football game where England plays against Germany. Now the bookmaker is giving odds for Harry Kane to score and England to win the match. This set of events boosts your offs from 6/1 to 10/1. Many of the bookies online today offer these kind of boosts so make sure you check it out and have fun with this kind of a bonus when it’s available.
Follow our news for more betting bonuses
The betting bonuses mentioned above are some of the most popular among players online betting on sports. These are also the most common types of betting bonuses out there that will be available for your use. Of course, there are plenty more betting bonuses as well. And we always do our best to bring you the hottest betting bonuses. By checking BestBet on a daily basis you’ll be given a good overview see on what’s cracking at the best betting sites.
Last but not least. It’s not a bad idea to follow your favorite betting sites on social media sites such as Facebook, Instagram, and Twitter. Many of them give exclusive betting bonuses to their followers and you don’t want to miss out on those.
Should I use betting bonuses?
When you’re opening an account, you might find yourself thinking about whether or not to take a betting bonus. When considering this, there are many things to take in consideration.
For example, the terms and conditions of the bonus, the sort of betting you’re looking forward to do. If you’re just looking to place one bet on one match and then withdraw your winnings, you might not want a bonus.
But if you’re in it for the long run, in most cases you do want to take the bonus. The more money you have to start with, the more money you’ll have coming out!
A welcome bonus is usually worth it, the bonus provides you with a chance to make more money. This usually takes the form of a free bet, matched bet, free play betting credits, or extra funds added directly to your account. Basically, you make a deposit and get extra money to bet with. These bonuses do have certain terms and conditions attached, they’re not technically 100% free. Still, they’re a nice perk to have!
Usually the terms include minimum odds and rollover requirements.
For example, you open an account and deposit 10 £, the bookie gives you a bonus of 150%, so for your 10 £ the bookie mathches that with 15 £! The rollover requirement is 2x and the minimum odds are 3/10. You need to bet with your 25 £ with odds of 3/10 minimum (per wager) until you have rolled your 25 £ over 2 times, so when you get to 75 £. After that the money is yours! Easy!
Besides rollover requirements, bookies have a variety of other terms associated with your sportsbook bonus that you need to be aware of in order to clear your bonus for withdrawal.
They vary a lot from one bookmaker to another, so it really pays off to read the fine print before jumping on one and trying to withdraw your winnings before you’ve fulfilled all of the terms.
Here are some examples of additional requirements:
- Bets with a price of less than or equal to 1/2 do not count toward fulfilling sportsbook bonus rollover requirements
- No withdrawals can be made within the first 30 days of claiming this betting bonus
- A bonus is only eligible for use in sports and horse racing. It is not available for use in casino
- You can only have one active bonus at any one time. To claim another bonus the current active bonus must be completed or closed first.
- In multiple bets, at least one selection must have odds of 1/2 or greater to count towards the turnover requirement
- These terms are some of the more common sportsbook bonus terms.
Why use betting bonuses?
We strongly recommend using up all the bonuses you can, even though there are strings attached they are mostly worth it. The bonuses add more to your betting experience. Whether you are taking it cautiously or banging it hard to break the bank, the extra money wont hurt you.
With a bonus you will be provided with a chance to make more money with less of your hard earned money. Some of the bookies offer more than just money. For customers old and new, there are plenty of special events and odds!
Betting bonuses are the bookies way of persuading new customers to sign up for their services. Most of the bookies also give out special offers for loyal customers. So be sure to check out what sort of campaigns the bookie of your choosing offers for the regulars. The big bookmakers offer regulars amazing offers, free bets, enchanched odds, free money betting bonuses et cetera!
All things considered, bonuses are an astonishing way to get started with sportsbook betting or to get a fresh start on a new site. For first timers there’s plenty of good options between the bookies and the betting bonuses. We’ve gathered the best to bestbet!
Different betting and sportsbook bonuses
There are many types of betting bonuses offered by the bookmakers for first time gamblers, deposit bonuses, boosted odds and risk free bets for example. We will be going over all of these on this page. Remember to carefully read the terms and conditions applied to each bonus, as they vary greatly between different bookmakers. Most of the bookmakers these days persuade new customers by giving out huge deposit bonuses and convince them to stay by giving out customer reward bonuses and special offers for regulars.
The deposit bonus
The most common sportsbook bonus is the deposit bonus. While setting up your account on a betting site and making your first deposit, you will have a chance to take a bonus. The way this works is quite simple, you deposit money to the bookmaker and the bookie matches your deposit with a certain percentage. These percentages do vary a lot between the bookmakers.
It is not unheard of that some bonuses can reach heights of up to 200%, effectively doubling your money. So should you deposit 100£, and receive a deposit bonus of 200%, the bookie gives you 200£ for your 100£! The idea behind such a bonus is as simple as it seems, the bookmaker wishes for you to become a regular customer and offers you a sizable bonus on first deposit.
Usually there are terms included with these sort of bonuses. The most common ones are ”rollover” requirements and minimum odds for the wagering.
For example, you open an account and deposit 10 £, the bookie gives you a bonus of 150%, so your 10 £ will be matched with 15 £ from the bookmaker! The rollover requirement stated in the terms of the bonus is 2x and the minimum odds for the bets are 3/10. You need to bet with your 25 £ with odds of 3/10 minimum (per wager) until you have ”rolled” your 25 £ over 2 times. That would be 75£. After that, you would be able to withdraw your winnings.
Deposit bonuses come in all shapes and sizes, but usually the bonus is something you dont want to pass out on. They are a one-time occasion, and usually quite a sizable boost to your starting bankroll.
Risk Free and Free bets
Free bets are the sort of bets, which can be placed without any of your money going towards the bet. They are often issued by bookmakers for promotional purposes, persuading new customers or as rewards for regulars.
They are risk-free bets which allow the customer to place a bet (free of charge), up to a certain stake. There are a number of reasons why free bets are offered, loyalty bonuses, sign-up bonuses and new customer rewards. They are most commonly associated with sports betting or online casinos. Real world casinos will usually run points schemes which can be exchanged for free bets, free chips or other rewards of value.Whether you bet online or in person, each free bet will come with its own set of terms and conditions.
The most common one to look out for is the rollover requirement. If a free bet is issued with a 10x rollover requirement, then you must stake 10 times the value of your free bet before a withdrawal can be made.