Top Bonus Betting Sites
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If you’re new to the world of online sports betting listen up! You need to pick a bookie that gives you great value for your money. One of the ways you can do this is by assessing the promotion and bonus offers they have on offer, beyond the odds they give on the various betting markets featured on the site.
To determine if a particular bookmaker is right for you, you need to assess them on three main criteria. First, consider the amount being offered to both the new and veteran members of the site. Next, think about the type of free bet that’s on offer. Finally, review the terms and conditions attached to each offer.
This guide explores the best online betting bonus offers and where to find them.
Types of Betting Bonuses
There’s no rule about the type or amount of offers a site should give to its customers. Different bookies feature different types of bonuses. Some may be easy to qualify for while others, hard to get. Some may constitute generous amounts while others may be average.
Whatever the case maybe it’s a great way to rack up customers. Here’s what you need to know about them before you settle on one.
Free Bets Promotions
A Free Bet is a common type of offer given to new members of a sportsbook. However, a common condition attached to them is that you have to deposit funds before you can claim it. You can fund your account in different ways including debit and credit cardpayment methods, eWallets and Bank Wire Transfer.
With that said, free bet bonuses come in several different forms. Some of the most common ones include:
Match Stake
Sites that offer match stakes typically require that you first register an account with them and then fund it. You would then place a bet on any of the available sports markets. The bookie would match the amount spent on this first wager giving you double the stake of what you placed on the original bet.
For instance, if you wagered $10 on any of the football markets on a site, the bookie would match that stake by crediting you an additional $10 in a free bet to give you a total stake of $20.
Always take a moment to view the restrictions and conditions for this type of free bet. They usually have a limit on the minimum and maximum amounts you can wager. For most sites, this is usually anywhere between $5 and $25 for both minimum and maximum stakes. They also have odds requirements attached to them which, in most cases, are games or markets with a minimum of 1.50 and 2.00.
Free Bet Series
These are very similar to the match stakes you’ve seen in the previous section. But, instead of receiving the bonus free bets as a lump sum, it is instead broken down into a series of free bets. This would look something like “Bet $50 and get five $10 free bets!”
They usually come with a time restriction attached requiring the bettor to use them within a certain period before they expire. Another common condition is that all the free bets aren’t usually available at a go. The next bet in the series usually becomes active on a specific date once the previous one is used or expires. Sports betting sites usually place these conditions to encourage players to return to their site and bet again in the future.
How Do Free Bets Work
Regardless of the type of free bet you get, always ensure that you read the fine print in the terms and conditions section of the site to understand what it entails. So how do they work?
Free bets are quite different from regular bets in several ways. For one, if you lose a free bet, you don’t incur any monetary loss. However, in a regular bet, you would end up losing your stake. If your free bet wins, you only get your profit, and not the stake plus the profit – like you would in a regular bet.
Promo Codes for Sports Betting
This is a popular trend in the betting world and is used by bookmakers to shave off a few extra bucks at the time of registration. Promo codes are considered the holy grail of betting bonuses and are highly sought after by players the world over.
However, not all sites offer them and those that do generally restrict them to welcome bonuses and specific offers reserved for existing members of a site. Nonetheless, if you know where to look, you’ll find them in abundant supply. 888sport casino, for instance, gives new customers $30 in Free Bets when they fund their account using the promo code 30FB.
Deposit Bonus – How It Works
Deposit bonuses are the second most common type of sports betting offer you’ll come across after free bets. This is essentially a match bonus offered by a bookmaker where they match a percentage of a bettor’s deposit up to a specific amount.
Here’s how it works. You might have come across a sportsbook offering a 50% bonus on all deposits made to fund a punter’s betting account up to a maximum of $200. What this means is that for every $1 you deposit, the bookie gives you $0.5. So if you funded your account with $100, you would have a total balance of $150 to bet with.
Likewise, if they were giving a 100% deposit bonus, it means that for every $1 you deposit, the site credits an extra $1 to your balance. So, if you funded your account with the same $100 like in the previous instance, you would have a total of $200 to bet with.
Ideally, you should try to find a betting site that awards its members 100% or more to double or even triple your bankroll. Deposit bonuses are typically reserved for new customers joining a site. However, these are not the only kinds that exist.
No-Deposit Bonus
Unlike a deposit bonus that requires you to fund your account with a certain amount of money before the bookmaker can match the amount, the no-deposit version of this works a little differently. A betting site credits your account with a small amount of money – no strings attached. This is usually in the range of $5 and $50. It provides a great risk-free way for prospective punters to test out a bookie before they decide if they want to spend some real cash there.
Reload Bonus
This is identical to a deposit bonus in nearly every way – except for the fact that it is usually offered to the existing customers of a sportsbook. In most cases, the amount matched is significantly less than you would find in your run-of-the-mill deposit offers. In most online betting sites, the amount falls anywhere between 10% and 50%.
Terms and Conditions
Regardless of the type of betting bonus you receive, always ensure that you read the fine print attached to these offers. Free money and free bets are great and all but make no mistake about it – the bookmaker isn’t doing it purely out of the goodness of their heart. At the end of the day, they are driven by the revenue which comes from getting as many customers as possible to pick them as their preferred betting partner.
Always read the terms and conditions to get a better understanding of what is required from you to cash in on these offers. Here are the most common ones you’re likely to come across.
- Rollover / Turnover Requirements
These conditions usually apply to deposit bonuses, but they can also be attached to any other bonus offer you receive from a site. The idea behind them is that the bookie expects you to bet the amount a stipulated number of times before you can cash out.
A typical example would be something like “A 10x rollover on a 100% deposit bonus up to $200”. This means the sportsbook requires that you wager your bonus 10 times before you can cash out. If you attempt to cash out before meeting your turnover requirements there’s a good chance that the site will void your winnings and the bonus money. More often than not, however, the bookie simply rejects the withdrawal request.
So, when picking an online betting site based on the deposit bonus they’re offering to new customers, be sure to check what their rollover requirement is first before you sign up. You want to find a site that has a low rollover requirement. The sweet spot would be 5x but 10x is fine too.
You also need to check whether the rollover requirement applies to the bonus only, or the deposit and the bonus. This will allow you to do some quick math beforehand to establish which of the two gives you more bang for your buck.
The final thing you need to look out for is the deadline attached to the offer. Most bookmakers usually impose a time limit on the validity of the offer. This gives bettors a specific duration within which they have to complete the offer. Whatever money will not have been wagered by then will simply expire. So keep this in mind when looking for the best online betting offers. The rule of thumb is – the longer you have before it expires, the better.
- Betting Requirements
Another common condition you need to be keen on is the betting requirement attached to a particular offer. Some bookmakers usually define the sports and the respective markets that you can bet on with the bonuses.
For instance, you may receive a deposit bonus or free bet but the betting requirements confine you to football wagers only. They may further stipulate that you have to bet on parlay or prop wagers only.
Other common betting requirements on offers require punters to wager on specific matches with predefined odds. For instance, they may require that you use the bonus to wager on football matches or cricket matches that have odds of 1.5 or higher.
- Cashable
Another important condition to look out for involves checking whether a deposit bonus is cashable or not. For a large number of betting sites, the no-deposit bonus is for betting only and cannot be cashed out. You might be able to withdraw your profit but not the stake that you received to bet on the site. Others like deposit, or reload bonuses can become cashable once you meet the rollover requirements.
While this may not be a big deal to some people, it can play a role in the decision-making process when deciding which sports betting site to go with. Ensure that you only accept an offer once you understand what it takes to earn it. If the terms are ridiculous – to say the least, then you should probably find a site that offers better terms.
Best Indian Sports Betting Bonus Offers
One of the markers of an outstanding sports-betting website is how generous it is when it comes to giving new (and existing) customers great value for their money in bonuses and regular promotions. If you are an avid bettor in India looking for the best sports betting bonus offers that you can take advantage of, then you’re in luck. Here are some that you’ll find to be right up your alley.
Parimatch Offers
Founded in the mid-1990s, Parimatch has grown exponentially to become one of the world’s top sports betting sites with a huge global member database that spans across several territories including India.
Some of the top bonus offers from Parimatch include:
Welcome Bonus : 100% up to $25
- Bonus valid for 7 days from registration date
- Odds requirement minimum: 1.5
- 10x rollover requirement
Profit Boost : 50% boost on profit
- Reserved for existing customers
- Wager on a minimum of three events
- Parlay bets only
- Odds requirement minimum: 1.3
Bet365 Offers
Bet365 has earned a reputation for being one of the best and most trusted bookmakers in the world. They offer a massive amount of promotions across a wide array of sports that many other sites find hard to beat.
Some of the top betting bonuses from Bet365 that you can take advantage of include:
Open Account Offer : 15% up to $60
- Valid for 30 days from registration date
- Odds requirement minimum: 1.2
- 12x rollover requirement
Bore Money Back Bonus : 100% refund on stake
- Available for new customers
- Only applicable to soccer matches that finish 0-0 at full time
Betfair Offers
Betfair has emerged as one of the most popular online sportsbooks thanks in large part to the 20-plus years of experience it has garnered in the industry. Its regular promotions and unbeatable offers have made it a fan-favorite for many.
Some of the bonus offers you’ll find at Betfair include:
New Customer Offer – Option 1 : 100% up to $60
- $30 deposit required to qualify for the offer
- Valid for 30 days from registration date
- Odds requirement minimum: 1.6
- 10x rollover requirement
New Customer Offer – Option 2 : Up to $100 in Free Bets
- Wager 5 x $10 or more to get $ 20 of free bets
- Repeat up to 5x to get the equivalent $100 bonus
Betway Offers
This sports betting site may be one of the newer industry players but it is certainly giving the older more established bookies a run for their money. It has a huge amount of exciting offers and unbeatable bonuses that make it hard to resist especially for betting enthusiasts looking to get more value for their money.
Some of the best betting bonus offers you’ll find at Betway include:
New Customer Offer – Option 1 : Up to $30 In Free Bets
- Minimum deposit: $10
- Odds requirement minimum: 1.75
- 1x rollover requirement
- Valid for credit and debit card deposits
New Customer Offer – Option 2 : 100% up to $250
- Minimum first, second and third deposit: $20 each to claim $250 bonus
- 50x rollover requirement
- Valid for credit, debit card, and PayPal deposits
William Hill Offers
The betting site is touted for being one of the safest and most trusted bookmakers you’ll come across in your online sports betting escapades. As far as solid bookies go, it truly doesn’t get any better than William Hill and it makes sense since they’ve been around since the 1930s.
Some of the bonuses William Hill gives its customers include:
New Customer Offer : $30 in Free Bets
- $10 deposit required to qualify for the offer
- Valid for 30 days from registration date
- Odds requirement minimum: 1.5
- Credited as 2x $15 bets
888sport Offers
888sport may have originally started as a poker and casino operator but the sportsbook section of their company is truly the star of the show. They have earned a solid reputation over the years for being master innovators as far as their customer-centric offers and promotions go.
Here are some of the top bonuses and promotions you’ll find at 888sport.
Welcome Offer : $30 in Free Bets
- $10 deposit required to qualify for the offer using promo code 30FB
- Bonus valid for 7 days from registration date
- Odds requirement minimum: 1.5
Paddy Power Offers
If you’re looking for a sports betting site that pushes the envelope to give its customers a one-of-a-kind experience that they won’t find anywhere else, then Paddy Power may be just what the doctor ordered. Their unconventional approach has seen them amass a huge global following and a large array of awards making them one of the top bookmakers of recent times. This is also evident in the attractive offers and promotions available for both new customers.
Here are some of the betting bonus offers you can only find at Paddy Power.
New Customer Offer : Full stake money back if the bet loses up to $10
- $10 risk-free deposit required to qualify for the offer
- Valid for credit, debit card, and PayPal deposits
Looking for Betting Sites with Welcome Bonus? So you came to the right place, see the list of 7 bookmakers with big bonuses. When you create a new account on a gambling site, you can usually enjoy a deposit bonus for signing up.
Naturally, online sportsbooks are always interested in attracting new customers by offering the best bonuses, and virtually every beginning bettor loves a welcome bonus.
By virtue of that there are many bookmakers offering first deposit bonuses and doing various special promotions in each competition, and even giving free prizes to new players.
Betting sites with welcome bonus
But it is good to be careful, because the bonus in some cases instead of generating profit can even harm you. Therefore, always exercise caution, as each betting site will specify a Rollover amount in the bonus terms and conditions.
That is, this means that you will have to wager the full value of the deposit and the bonus a certain number of times before the value of the bonus is truly yours.
To help you choose your welcome bonus, the main betting sites are listed so you can easily compare the different bonuses:
100% bonus up to $100
Dafabet is one of the most popular bookmakers in Asia. They were founded in 2004 and went online the same year. The group ...
100% bonus up to $100
22Bet is an online sportsbook that has gained a lot of recognition in recent years for its sports odds ...
100% bonus up to $60
Bodog's gambling site has been around since 1994, which means it is one of the oldest houses on the internet, making it on...
100% bonus up to €500
With over 10 years in the online gambling market, Betway has grown from a shaky start to an industry leading powerhouse. A...
100% bonus up to $115
This Russian sportsbook is booming in the online sports betting market. They started operating in 2011, and have since qui...
What is the welcome bonus?
For example, a bookmaker offers a 100% deposit bonus up to $ 100. This means that you will receive a bonus of $ 50 if you deposit $ 50 and a maximum bonus of $ 100 if you deposit $ 100.
After you have received the bonus, you need to bet a minimum number of times before you can make a serve. If the wagering requirement is 7X the value of the bonus, you need to bet $ 350 if your deposit bonus was $ 50.
Main types of bonuses offered by bookmakers:
And it is worth remembering that if you already have an account at the bookmaker, you are not eligible for the deposit bonus, since the deposit bonus is only for new clients. And a customer can only have one account on each site. If you want to receive a deposit bonus, we recommend that you create an account in a bookie where you are not yet a customer.
– Bono de Bienvenida
This is a bonus offered when you create an account at a gambling site and deposit money. The value of the bond is normally a percentage of your initial deposit, generally ranging from 15% to 50%. Although the bonus is credited to your account, the money is still not yours, you have to win by betting.
Each bookmaker will specify a rollover amount in the bonus terms and conditions. This means that you will have to bet the full value of the deposit and the bonus a certain number of times before the value of the bonus is truly yours.
As an example, if you deposit $ 100 at a site that has a 50% deposit bonus and a 5x rollover requirement, you would have to wager $ 750 before the premium can be released for service.
– Recharge Bonus
Most bookmakers do not offer this bonus by default, but some offer it on rare occasions (usually before a major sporting event). The value of a reload bonus will be much less than a deposit bonus, generally 25% is the maximum offered. This bonus will also be subject to a rollover requirement.
The reload bonus can be defined with a promotional money offer provided by an online casino or poker room for existing players to build customer loyalty and motivate players to make additional deposits.
– Free Betting Bonus
Some sites offer a bonus for when you place your first bet, worth it. For example, if you deposit $ 20 and place a $ 20 bet, you will also receive a $ 20 free bet.
– No deposit bonus
This is a bonus where the site customer does not need to deposit anything before betting for real money. This is a very rare occurrence, but it happens. The bonus will however be subject to a very high rollover requirement. These types of bonuses are more common with online casinos, rather than sports betting sites.
Good luck!
This was our post with the best sports betting sites that give money for you to register. They are all recognized worldwide and offer good platforms for the game, as well as inviting bonuses that give great peace of mind to start betting without great risks.
Now that you know all the basics on how to evaluate the quality of an online casino, it is time to give good luck and you can get the desired benefit. Or at least have a lot of fun, but always responsibly.
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