• Online Sports-Betting Bonuses: Explained

    As there is so much competition for your custom, online betting sites offer a range of promotions to convince you to register with them. However, have you ever wondered how these deals work and if they are worth your while? This guide explains how you can benefit from these free-bet offers, why bettors use them, and what you should consider before claiming them.

    Deposit Match Bonuses
    These types of deals are when online sports betting platforms or casinos match your first deposit up to a certain percentage. The generosity of these promos ranges from 10% to 200%. For example, a 100% welcome bonus doubles your first deposit. Therefore, if you deposit £50 to activate this promo, the gambling site will match it with an extra £50, giving you a total of £100 to spend on sports bets or its online casino games.

    However, keep in mind that if you win a bet using these funds (the deposit and deposit match amount), you may have to meet wagering requirements (also known as playthrough or turnover) before you can cash out.

    For U.S punters, it looks like the most popular offshore sites Include Bovada (with a $250 NFL betting bonus) and BetOnline with a $1000 match bonus. More info on NFL sports betting bonuses over on specialist U.S focused sports betting website Oddswire.

    What Is a No Deposit Casino Bonus?
    Usually, no deposit casino bonuses give you free spins to play online slots, bonus cash to enjoy games in their lobbies, or a free sports bet without having to pay a penny - all you need to do is sign up to activate these deals. Find these deals at dedicated sites which add new deals at regular intervals - like NoDepositCasino.com.

    Although these deals are free, you need to enter your payment info, such as your eWallet, PayPal, or bank card details, when opening your new account to claim your free bets. Be aware that a legitimate gambling operator will never charge you when claiming no deposit bonuses. But as is the case with deposit match bonuses, you may have to meet wagering requirements before you can cash out any cash won with these promos.

    No deposit bonuses let you test out a siteís services for free. Therefore, if youíre unsure whether the site suits your betting style, use these bonuses to try before you buy.

    No Deposit No Wager Bonuses
    These online gambling promotions are by far the most generous, as they give you a risk-free chance to win real cash prizes with no wagering requirements. Like all sportsbook and casino bonuses, you have to provide your details to activate no wager bonuses, and they may be subject to win limits and expiry times. However, because these free-play deals let you withdraw your winnings without having to wager any of your own money, they are the best type of casino bonus around.

    Why Do Gambling Sites Give Away Sports-Betting Bonuses?
    Gambling sites offer sign-up rewards to encourage you to use their services instead of visiting a land-based establishment. Additionally, virtual providers understand that once youíve opened a new gambling account with them, the chances of you spending money (or more money) to enjoy its games or sportsbook are much higher.

    How Does a No-Deposit Bonus Compare to a Deposit Bonus?
    Deposit bonuses are different from no deposit bonuses because you need to pay upfront to get complimentary play. If youíre planning on staying with the casino or bookmaker, deposit bonuses are a better option. But if youíre still unsure whether you want to fund your account, claim a no deposit offer first to test out the platform for free before making a deposit.
    Things to Consider Before Claiming

    Before claiming an online betting bonus, consider the points below to ensure you choose one that works for you.

    Wagering Requirements
    These requirements tell you how much you have to spend on other casino games before you can cash out any cash won with your bonus. Wagering requirements are shown in multiples, such as 20x, 40x, 60x, etc.

    Working out how much money you need to spend to meet the criteria is relatively straightforward. For example, if you win 10 using free spins with a 20x wagering requirement, you must wager £200 (£10 x 20 = £200) before you can withdraw your winnings.
    Also, keep in mind that different casino games contribute different percentages of funds spent on them to the wagering requirements. For instance, the cash wagered on traditional casino games - blackjack, roulette, craps, etc. - might only contribute 75% to the requirements. In contrast, funds spent on slot machines usually allocate all the money spent on them to the playthrough.
    As the T&Cs of each offer can be different, read these thoroughly before claiming.

    Bonus Limits
    Along with the wagering requirements, offers can come with limits on payouts and expiry times. Moreover, you might only be able to use your bonus to play specific games - such as slot machines - or to wager on sporting events.

    How Can I Claim These Offers?
    Follow the step-by-step guide below to claim a betting bonus today.
    1. Click the bonus link and check the T&Cs of the promotion.
    2. Complete the online form to open your new player account if you agree with the terms of the offer.
    3. Send the platformís banking team a picture of your ID, a paid bill from the last two or three months, your payment card details (or a screenshot of your e-wallet), and a recent bank statement to verify your account.
    4. Once your details have been verified, you can enjoy your bonus.

  • Advertising