Bookmakers Betting Bonuses

These days, watching a favorite sports event and rooting for a specific team to win no longer cuts it. People are eager to place a bet on the outcome they envision and wait for it to come true.

Top 7 Bookmakers with the Best Bonuses

BonusMin. Deposit
Rating
Visit website
18+ | Please Gamble Responsibly | begambleaware | Commercial Content | T&Cs apply
150% on first deposit
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$10
4.6
Mr Bet review
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$5
4
TAB Betting review
Welcome Bonus up to $5 000 + 300 FreeBets
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$20
4.7
Rooster Bet review
Get 100% on first deposit Up To 100€
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$5
4.8
Bet 365 review
150% Welcome Bonus + 15 free bets
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$10
4.4
Leon Bet review
Get a $50 in free bets!
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$5
4.5
Betfair review
100% Welcome Bonus up to $150 + 50 FS
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4.2
TonyBet review

However, all these punters face a common problem. Where to find a reliable bookmaker? What factors to watch out for when choosing the top betting platform?

Bonuses are a great way to welcome new players and make the established bettors feel more valued. By looking at the available bonus offers, you can learn a lot about a bookie.

In this guide, you’ll find explanations about the existing types of bonuses, the common requirements for getting them, and answers to frequent questions.

After this, locating the most generous bookmaker and betting on their sports selections will become a walk in the park.

Common Types of Sports Betting Bonuses

There are different kinds of bonuses you can find across various bookmaking platforms. Let’s cover them in detail.

A Welcome Bonus

This is the most popular type of bonus — it’s difficult to find a bookmaker who wouldn’t offer one.

The point of a welcome offer is explained by its name: it’s a prize for people who are only starting to explore a platform.

Every new user can qualify as long as they create their first account on this website.

There are several ways in which a welcome bonus can work.

  • Matching your deposit. In this scenario, a bettor makes a deposit and places a bet, and the bookie instantly returns 100% of it, sending it back to the player’s account.
  • Issuing a refund. Sometimes the welcome offer is expressed through a risk-free bet: you deposit some money and bet on a sporting event you like; if you lose, the platform gives you a refund.

Some bookmakers make their welcome bonuses even more generous. For example, on some platforms, you can earn extra cash or free bets after making several deposits.

You will be receiving 100% after the first one, around 75% after the second one, and so on. The exact conditions might differ depending on the website.

No Deposit Bonus

This is a rare kind of bonus that only the most daring bookmakers offer. It allows punters to register and receive a reward without making any financial commitment.

In other words, you don’t have to make a deposit, as you will get a bonus either way. Granted, it won’t be excessive.

Most bookmakers offer something between $5 and $30, and you can spend this free money on your bets. This is an excellent chance to test a website without spending a cent from your budget.

Free Bets

Free bets are very common. They come as part of a welcome bonus package, some specific promotion, or a perk of a loyalty program. Sometimes, bettors can get free bets just from visiting a website at the right time.

There is something you have to consider first, though. If your free bet brings you a victory, you will be able to withdraw your winnings easily enough, but the stake itself won’t be returned.

It’s better to clarify the claiming rules on a platform of your choice in advance.

Reload Bonus

These bonuses are provided to regular punters who have been using a specific bookie for a while.

They can have a weekly or monthly format: a part of all the deposits you made during this specified time will be returned to you.

In most cases, reload bonuses range from 25% to 50%. These numbers can change based on the circumstances. For instance, an upcoming big sports event might trigger a higher bonus for punters.

Cashback Bonus

You have probably figured out what this type of bonus refers to. It returns a portion of the money you spent back to your account.

A bookie calculates the appropriate sum by analyzing the losses you sustained during a certain timeframe and refunding 10-30% of it. Like with reload bonuses, it can happen once a week or each month.

Enhanced Odds Bonus

This is a random bonus that punters love a lot. Unfortunately, it cannot be predicted because only bookmakers can decide when to introduce it.

The mechanism behind the enhanced odds bonus is simple: the odds for certain bets are raised, giving you a chance to earn more than you expected.

As an example, the odds for Player A to score first could be 2.0, and the bookie could suddenly raise them to 5.0. Here are the things you should know, though:

  • Such bonuses are often restricted to new bettors.
  • The duration of the offer is limited: you might fail to use it on time.
  • Enhanced odds can usually be observed with popular bets.

Your winnings might arrive as bonus funds, though, so keep this fact in mind.

Accumulator Bonus

Only experienced bettors can afford to place accumulator bets. It means betting on three or more events or outcomes, with the condition being that all of them must win for a victory to count. Otherwise, the bet will be considered lost.

While the odds are high for this type of betting, the bonuses and payouts tend to be significant. The more selections you make, the bigger bonus percentage might apply to them.

Loyalty Programs

A loyalty program exists to reward regular bettors and entice the newbies into staying longer. When betting on sports, you will be gathering bonus points for each dollar you spend or win — the specifics depend on the bookie.

At times, some platforms offer membership to bettors who cross a set financial threshold by betting often. Let’s say regular users bet $500 per month.

If you bet more than this time and time again, you will become a member of the VIP club.

The typical loyalty program perks include:

  • Premium support.
  • Free bets.
  • Special merchandise.
  • Cashback.

You might also get exclusive access to betting tournaments and other exciting events.

Typical Bonus Requirements

While all the bonuses above might sound appealing, they come with a range of requirements. Knowing about them in advance is a solid strategy for making informed choices and actually benefiting from the bookmakers’ offers.

We’re about to list the most common bonus requirements.

Wagering Terms

You will see this condition in 99% of bonus cases. Most bookmakers expect their punters to wager their bonuses before getting an opportunity to cash them out. Here is what you need to know.

  • You learn how many times you’ll need to wager a provided bonus: usually, you must place your free bet 3-20 times before finally accessing your winnings
  • Some bonuses are applied to the bonus sum only, but others can include the deposit you made, too
  • Other possible conditions depend on the website

As an example, a wagering requirement of 4x on a $100 bonus means that a punter has to place bets at a $400 value.

Minimum Odds

There are minimum odds attached to bets you must place to wager your bonus. They tend to range between 1.50 and 2.0 — this ensures that you will be taking at least some risks.

If you place your bet below the minimum threshold, your wagering attempt won’t count as one.

Time Limit

Most bonus offers are limited in time. Take a look at these approximate conditions:

  • Welcome bonuses expire after the first 7 days, but some last as long as a month after registering
  • Free bets vanish during 5 days, but some bookies might keep offering them for 2 weeks
  • Cashback is usually given at the end of the week, so if you failed to place enough bets, you won’t get much

Check this requirement before creating your account.

Eligible Markets

Plenty of bonuses are limited to specific markets. For instance, you might have to place your bet on football or boxing for it to qualify. Unique markers tend to be excluded from this rule.

Payment Method Limitations

There are more ways to make a deposit than to withdraw your winnings. A bookie might not support the methods you’re comfortable with, such as e-wallets like Skrill or cryptocurrencies.

Look into this matter before placing any bets.

Stake
welcome bonus 200% up to $3 000