Top Sports Betting Bonuses

With so many online sportsbooks trying to attract the same target market, the competition between them is fierce. This is good for the bettors because it induces these sites to offer better facilities and incentives. A special promotion or offer is the most popular method of attracting clients. Basically sports promotions consist of free money given by a sports-book to its clients. Almost all online sports books have bonus programs. To take advantage of the top sports betting bonuses, you need to compare all available programs. Sports book incentives come in many varieties. You'll find substantial bonuses at both USA sports betting sites and International options.

Types of Sports Betting Bonuses

Some of the most popular types of sportsbook bonuses include:

First Deposit Bonus: This type of offer is featured by almost every online sports-book. As the name suggests, the free money is offered when you make a deposit for the first time at a sports betting site. the amount of free money is usually offered as a percentage of the deposit. For instance, if you deposit $100 at a sportsbook offering a 50% first deposit bonus, you will get $50 absolutely free. This means that the total balance in your account will be $150. This type of promotion is also commonly referred to as a deposit match bonus. All of the top sports betting sites offer a welcome bonus on our first deposit at minimum.

Refer a Friend Bonus: This is also a common type of offer. Most sports books offer this type of promo to increase their client base. If you refer a sports book to someone and that person opens an account and makes a deposit at the site, you may be eligible for a flat fee bonus or a percentage of the person's initial deposit.

Free Play Bonus: This type of offer is typically featured during major sports events like the Super Bowl. Free play offers are actually free money with no strings attached. You need not do anything to qualify for this promotion. For instance, it may be offered in the form of a free bet on the day's game. This is the best type of incentive as there is no risk involved.

Reload Bonus: This offer is similar to the first deposit promo. After the first deposit, if your account balance goes very low or reaches zero, you need to fund it again. This is known as reloading. Every time you reload, you may be offered a certain percentage of the deposit as bonus. In some cases you can only take advantage of this bonus if your account balance becomes lower than a certain threshold when reloading. You'll need to read the terms to know which instances this rule applies to. You will find reload bonus options formatted as seasonal promotions. For example, during the NFL season, you may be offered a special football betting bonus.

These are just a few of the various types of incentives found at online sports betting sites, but each brand offers their own special and seasonal promotions.

How Do Sports Betting Bonuses Work?

Sports betting bonuses operate in several different ways. At most sites, the bonus is added to your account, but is not available for withdrawal. In other words, you must use the free money to place a bet and must meet the wagering requirements. Other methods include providing cash back offers where you get the actual money based on a percentage of your previous deposits. While these are the most common applications, the options are only limited by the creativity of the sports-books themselves.

Frequently a code is used to claim the offers. Bettors are given a special code that is to be submitted when depositing funds. If the code is used correctly while making the deposit, the free money is automatically credited in the bettor's account on approval. In any case, it is important to go through the fine print while deciding which sports betting incentive is most desirable. You will be able to choose the best possible option only if you consider both the bonus amount as well as the wagering requirements.