? What Are Bonus bets
| ?? Bonus bets Bonus Types | Bonus bets No Deposit |
| ? Bonus bets Available at | Online Sportsbooks |
| ?? Minimum Amount | $10 |
| ??Maximum Amount | $2000 |
Bonus bets are sports betting promotions where sportsbook gives you an opportunity to make certain amount of bets without using your own money. Due to the popularity of the betting bonus, the majority of the sportsbooks have a long list of terms and conditions attached to it.
All of the brands that offer bonus bets bonuses, usually they specify the amount of bonus bets and their value. Also, in the most of the cases there is a wagering requirement that needs to be fulfilled before you can withdraw you winnings. So make sure to read through T&Cs before picking the bonus bets offer, since some of them might require you to wager thousands of dollars.
How to Get a Bonus bet?
1
Choose Online Sportsbook
2
Create an Account
3
Get Bonus bets
4
Place Sports Bets
Parlay Bets
If you are a bettor who has more than a 50% success rate with straight bets, you might want to consider placing a 3-4 leg parlay or same game parlay with your bonus bet for a big pay day. You should only do so with a site like FanDuel that gives you site credit and not free sports bets. If you are profitable bettor, you can make your own money back over time with the site credits even if your risky parlay loses.
? First Bet Insurance
A bet insurance is where you can get your first cash bet back in bonus money but your initial stake is not returned to you as withdrawable cash.
? What Are No Deposit Bonus bet Bonus Offers
Open a player account on any online betting sites, and you will receive a welcome bonus from the sportsbook. Bonus bets are what the packaging says. You get a free wager to place on a sporting event, and you get your winnings in real money, as simple as that.
? No Deposit Bonus Bonus bets for Existing Customers
Most of these offers are for new customers, but online sportsbooks sometimes give bonus bets for existing customers as well. These offers are towards a major sporting event or apply only to selected games.
- Start of the Premier League
- Champions League final
- March Madness
- Super Bowl
- World Series
- Stanley Cup finals
- NBA Playoffs
- UFC Championships
- PGA Masters
? Deposit Bonuses for Sports Betting
A regular sign up bonus can be considered as a bonus bet. These ‘deposit bonus bets’ are, in general, bigger than the normal free offers. Your first deposit is matched by the sportsbook, so you get double the amount to play with. Online betting sites offer reload bonuses to existing customers too.
Deposit Bonus Offers Explained
You have to read the terms carefully, as always, but this is especially the case with deposit bonuses. Here are the key things to consider when selecting your new customer bonus bets:
Wagering requirements
Wagering or rollover requirement means that how many times the bonus amount you need to wager with qualifying bets. This means that some promotions have terms defining the minimum odds to count as a qualified bet. Only qualifying bets to contribute towards the rollover requirements. Before you have met the requirements, your accoung balance will have withdrawal restrictions.
Minimum deposit
Minimum deposit (deposit min) defines the amount you need to deposit in order to receive the bonus. When you have made a qualifying deposit and bonus will be added to your sportsbook account.
Bonuses expire
There is always a time frame when the bonus is valid. You have to claim your offer before it expires and make enough of matched bets towards the rollover requirement. Usually, these bonuses have from few to 30 days expiry time. This also highlights the importance of checking the offer terms when you evaluate different sportsbook bonuses. It’s worth noting, that the bonus is fulfilled only after your last bet expires, not when you place it.
Qualifying Wagers
Always read the fine print. Deposit match bonuses might have strict terms on what you can and can not bet. For example bonus bets on player props might not be allowed.
? How to get Most out of your Bonus
Online sports betting is a risky business, but it can be profitable if you know the tricks of the trade and closely follow sports. By maximizing your bonus money, you can get off to a good start.
- Choose multiple offers: If you want to get most bang for your buck, you take advantage of multiple welcome bonus offers.
- Look for low wagering: By placing cautious bets with offers that have low wagering requirements, you can easily double your bankroll before you move on to more risky bets.
- Take care of your betting bankroll: We fully support responsible gambling, and even though we want you to win cash, we want you to manage your bankroll even more.
- Hit that big parlay: If you are an experienced sports bettor, you already know your way around straight bets. Bonus offers are therefore free money on top of your existing bets. By using them to hit that elusive big parlay costs you nothing, but you might really win big. Anyway, your losing wager is returned to you in site credit.
? FAQ
- 1?? What are bonus bet offers?
-
Bonus bets are bets that an online betting site gives either on sign-up or when you've been their customer for some time. Typically an online sportsbook matches your wager with a completely free bet of the same size. The stake is pre-determined.
