A bonus is something that attracts the new users and keep the customers coming back again and again. In order to please players and attract more customers to the site, bonus and promotions are given in form of rewards. Different types of bonuses are available for different types of players.
How to get a bonus?
First of all read all the terms and conditions mentioned on the betting site and check whether you are eligible for the bonus or not and what are the wagering requirements, then choose the suitable site and sign up. Play continuously on the site and use the bonuses to have a good win.
Different types of betting bonuses
If we talk about bonuses, they can be classified broadly into two categories i.e. initial bonus and ongoing bonus. But there are several other occasional bonuses and promotions as well. Most of the bonuses you can use on traditional sports as well as motorsports and E-sports. You can even use it when you are live betting.
Sign up or welcome bonus
Almost all betting sites offer this bonus to attract new bettors to their site. Welcome bonus is given after signing up on the site. There can be two possibilities either you are given welcome bonus without depositing or you have to deposit some amount and after that betting bonus is rewarded.
No deposit bonus
This is another form of welcome bonus. It is offered after user sign up and its amount is less as compared to deposit bonus. It is offered by some sites as most of the betting site wants its users to deposit the amount first.
This is the best type of bonus because it allows players to gamble without having to deposit any amount. Players can unlock the bonus without deposit. All players must create an account and they will use the bonus to start playing.
It is the bonus given after you register on the site and deposit some amount. It is the most common bonus almost offered by every betting site.
This bonus is for regular players toreload their amount from time to time to play on continuous basis. This bonus is given out after second deposit.
This bonus is for the players who hold VIP status or loyal customers i.e. they are the players on the site for long time. When the customers collect specific points or amount then free bets or the amount is being given out to the player.
Free bets are similar to the free spins in an online casino. These bonuses allow you to place bets without any risk of losing your money. You get it for free without having to make a deposit, and if you win, you can collect the winnings. These bonuses are offered after you place at least a single bet on any sports event.
Every betting site has some wagering requirements after which the bonus is assigned so that no player can withdraw the amount instantly. Wagering requirements vary from one betting site to another. Some betting sites may have no wagering requirements or some may have tough wagering requirements. Each wagering requirement states that the prizes must be paid out a certain number of times in a sports book or casino. The betting requirement for betting sites can be as low as x5 or as high as x15.