How to play back a bonus at a bookmaker
Sportsbooks strive to attract new clients using various strategies, including active advertising campaigns and enticing welcome bonuses.
What is a bonus at a sportsbook?
A bonus is a kind of gift from the bookmaker to the players. By receiving a bonus, the client agrees that:
• It can be used exclusively for betting at this sportsbook.
• There are a number of conditions that must be met for activation.
Welcome bonuses are usually divided into two main types:
1. Freebet – a free bet whose amount is determined by the bookmaker.
2. Account funds – known as "bonus funds," which are typically tied to the first deposit. The more you deposit, the more bonus funds you will receive from the bookmaker.
A freebet can be used only once and in full. Bonus funds can be used like real money: you can place small bets or make risky wagers. However, they come with their own restrictions and conditions.
Types of Bonuses
There are also bonuses available not only to newcomers but also to regular clients. These include:
• Enhanced odds – for example, if the standard odds for your team's victory are 1.8, you might receive 2.0.
• Cashback – a return of a portion of the lost funds.
• Bet insurance – similar to a freebet, which is provided in the event of a losing bet.
How to Obtain and Wager a Welcome Freebet, First Deposit Bonus
Some bookmakers offer freebets for installing their mobile applications. After installation, registration, and verification, you can find out the size of the freebet – ranging from $5 to $1000.
However, it is not possible to withdraw the freebet immediately; certain conditions must be met:
You need to place a bet for the full amount of the freebet. You select a sporting event and odds. Only the winnings from the freebet will be credited to your account.
To withdraw winnings from the freebet, you must make a deposit, which can be the minimum top-up amount.
Welcome Bonus on First Deposit
Another popular type of bonus is the increase of your first deposit by a certain amount from the bookmaker. You deposit money, and the sportsbook adds a certain percentage to it. Conditions may vary, but they typically include:
• Bonus funds are credited to a separate bonus account, not to the main one.
• You must place bets on the entire amount of the bonus account several times.
- The promotional period usually lasts 30 days.
- Odds restrictions: the minimum odds can be 1.8, while the maximum can be 3.0.
- Betting type restrictions: an unlimited number of single bets can be placed, but accumulators can contain a maximum of three outcomes. The higher the deposit amount, the greater the bonus. In the case of successful outcomes, your winnings will be credited to your main account. Thus, a player can gradually increase their balance through winnings from free bets.
Cashback to the account.
Cashback is another common promotion offered by bookmakers in many offices. The essence is that the player receives back a portion of their lost funds. Cashback does not require wagering – it can be immediately withdrawn from the bookmaker. However, it should be noted that to receive cashback, it is necessary to place sufficiently large bets.
Bet insurance.
This is another type of bonus that has emerged relatively recently. The essence is that the bookmaker returns the player's money in the event of a bet loss. Most of these bonuses pertain to accumulator bets