Sports betting bonus on brokers
Let’s be honest! One of the main drivers and reasons for registering at any sportsbook, broker, or betting exchange is – apart from the high odds and big limits – the sports betting bonus offered by the provider. No matter if we are talking about a welcome sport betting bonus, or other offers and rewards, all players love to play with more funds, which will help them enhance their betting activity. Of course, you should always have in mind that in every promotion there is a catch, after all no bonus is free money for the players. Some terms and requirements have to be completed before you can grab your winnings.
Nonetheless, there are even more benefits and that is exactly what are we going to talk about in this article. Within the next few lines, you will have the chance to learn how you may get the bonuses, which types of sports betting sign-up offers you will find on the internet and what you should check before accepting the offer. Keep reading and, for sure, at the end of the article, you will have at hand everything you need to know about bonus betting in general and in Brokerstorm.net as well.
Betting bonus: How to get it
First things first! Before jumping to the sports betting bonus, you will have to identify the sportsbook, betting exchange, or broker like Brokerstorm you want to join. Of course, your betting provider must offer you more than just an appealing sport betting bonus. Namely, you will need high odds, quick withdrawals, a wide variety of sports and markets, and a great live betting section among other important features. In case you have decided which is going to be your next bookie, the next thing you should do is create your new account with them.
As long as you are done with that, you should not forget to complete the KYC procedure. Later on, you will have to opt in or opt out of the sports betting site bonus. To decide if the promotion is suitable for you, don’t forget to have a look at the terms and conditions, as it is the main driver to help you decide if you should grab the offer or not.
Should you have accepted to participate in the sport betting welcome bonus promotion, inevitably, the next task will be to make your first topping up of your account. And the latter is probably going to get your bonus betting activity running. Let’s sum up the steps you have to take to grab your welcome promotion.
1. Make your research
2. Register a new account at the betting exchange or bookmaker you want
3. Read the bonus terms and conditions
4. Opt-in at the promotion
5. Make your deposit
6. Kick off your betting activity with your bonus
Types of sport betting bonus
All types of bookies tend to be innovative when it comes to finding ways to keep their players happy, or bringing in new ones. It doesn’t matter if we are talking about a broker, a betting exchange an Asian, or a traditional bookmaker, as all of them deem it extremely important to keep the punters’ interest at high levels.
And which way could be best for that cause than an intriguing sports betting bonus? From the sign-up betting bonus to the daily risk-free bets. From the reload bonus to a great loyalty scheme, you may find below all the types of bonuses for new and existing players as well.
Sport betting welcome bonus
This is the most common type of bonus, tailored for the newcomers to every sportsbook, betting exchange, or broker. This is another way the sports betting platform has to thank the players for choosing them. On most occasions, the betting welcome bonus matches the amount of your first deposit. This means that in case you will top up your account with 100€, you will have the chance to begin your betting activity with 200€.
On other situations occasions, you might take a certain percentage on top of your deposit, depending on the betting provider. In both cases, you will have to complete a set of wagering requirements before you can withdraw your winnings.
No deposit betting bonus
This is by far the most popular sports betting site’s bonus since the only requirement there is for the players, is to complete their registration. Yes, it is so simple! You have to register a new account with your desired betting exchange or bookmaker, and you will have a small amount waiting for you in your account, which will help you have a taste of the services the provider offers.
As for the wagering requirements, they are the same as the ones existing on a welcome bonus. You will have to roll over the no deposit bonus a few times on specific odds and within a certain timeframe before you will be allowed to make your withdrawal.
Betting deposit bonus/ Reload Bonus
This type of promotion is for the players who already have grabbed their welcome offer, but still are in need of some extra bonus betting. The reload bonus might come as a universal promo or from a 1 to 1 communication with the punters. In the first case, all players who have completed their first deposit and grabbed the Welcome Bonus, will have the chance to get a new one with their second, third, fourth and so on deposit.
In the second case, the reload bonus comes as a reward for the players’ betting activity or even for their inactivity. Nonetheless, the rollover terms tend to be exactly the same as the ones existing on the welcome scheme.
Welcome Free Bet
As opposed to the Welcome Bonus, a scheme coming with a free bet is most welcome by the betting fans. It won’t last long as the aforementioned offer, after all, is a one-off promotion, however, it is great that should any winnings occur from that, are immediately withdrawable. Of course, there still are some requirements on how to use it, concerning the minimum odds or the excluded payment methods from the offer.
Birthday Bonus
This is a more personalized experience, with the bookmaker catering to you with an offer tailored-made for the most important day of the year for you. This might be a risk-free bet. There might be corresponding requirements as mentioned before, or a reload bonus, with the terms and conditions existing on the welcome and every reload promotion as well. Also, it might be a no deposit bonus with a small amount. Again, the rollover requirements are the same as on every other no deposit offer. This means that you have to wager the amount of the birthday bonus a few times before you are able to make a withdrawal.
Loyalty Bonus
In this case, the players are rewarded for their betting activity on the betting site. After a series of placed bets, the bookmakers tend to show a little appreciation for the trust the players have shown them. They give them back something. That might come in the form of a risk-free bet. Even as a no deposit bonus, able to be used in parts or whole. As it happens on every offer, there are some rollover requirements. You may won’t be tempted to withdraw the bookie’s “present” immediately.
Mobile Bonus/ Mobile Free Bet
Although this is a type of bonus existing mostly in the past, there still are some betting sites giving even more motivation to bet from your mobile devices. After all, this is the future. The sportsbooks want to bring the players to their mobile platforms by giving no deposit or deposit bonus only for the mobile versions of the site or risk-free bets for betting through a smartphone or a tablet. The rollover requirements are the same as the ones of the welcome or the reload bonus, respectively at any free bet offer.
The advantages of bonus
There is a certain reason everyone is looking for a betting welcome bonus even. And this happens even though the players will have to overcome the obstacle of the rollover requirements. And that reason is called… more money! It is very significant for every player to know that their cashier is going to be enhanced. A betting bonus offers this option. It gives to the players the chance to make better bankroll management. In addition, a bigger cashier occurring from a sport betting bonus means that the player will have the chance to place more bets. That by itself leads to even more chances to win.
It also is of vast importance that the punters will have the opportunity to explore new betting challenges. To play in new competitions by using the sports betting site bonus. After all, they are not going to pay for these bets directly from their pocket. The betting company has given an important gift addressed for this kind of bet as well.
Even better, whenever the bookmaker offers the bettors a no deposit betting bonus, the latter has the chance to generate earnings literally from nothing. And later on, they can even use these winnings as the main bankroll. Then they can start a serious betting campaign, which is going to bring great results. We have seen it happen many times. So you may be the next one to live this feeling, just by using a no deposit or even a deposit sports betting bonus.
What should I check before accepting a betting bonus?
In the previous section of this article, we have made a lot of mentions regarding the terms and conditions. It is the rules coming with every sport betting bonus. It is a part that, sadly, most of the players skip. That makes them face some pretty ugly results. It might be not being able to withdraw their winnings, closure of their account, and more.
It’s a habit the players won’t let go of, but we have a certain obligation to remind it since it might save… your lives on many occasions. So, which are those important points the players should always check before they decide to opt into any offer?
Rollover requirements
It’s the first and most important point you should put under the microscope. Most bookmakers request the players to wager the total amount of the deposit and the betting bonus 5 or 6 times. On the best occasions you might have to turn over this amount 3 times, but whichever number exceeds this X6, means that you should not participate in the promotion.
Minimum odds
This part varies, depending on the bookmaker / betting exchange / broker and their policy. Most of the time you will find out that you will have to place bets with minimum odds. It is around 1.50 and it is ok for this price to go up to 1.80. No matter what, you should never accept a sport betting bonus with the minimum accepted odds going over 1.80.
Excluded types of bets
The bookmakers know that some types of bets are more beneficial than others, so they are not ready to just give away money like that. Take for example the Asian Handicaps. They are the most excluded betting market among all. The player faces that when it comes to bonus betting and that happens for a good reason. The punter may take a great cover of their initial bet. So it is simply more difficult to lose, while we are also talking about a 2-way bet.
Excluded payment methods
Although this part is more about the traditional sportsbooks, you may still find out that deposits through certain payment systems, like most of the e-wallets, might be excluded from the offers. The reason behind that is that many bonus abusers use these methods to take a false advantage of the promotion.
Days within you should complete the rollover
Usually, you will have 30 days available to complete the rollover requirements, if we are talking about a matched or a reload bonus, and 7 days to use your risk – free betting bonus. If those limits are different, then it would be better not to mess with those promos.
The time needed before the bonus is activated
Don’t say yes to any promotions that state that you will get your reward a day after or more. We live in the era of the internet and everything should act in an immediate way. Even more, a betting provider offering a promo that is going to be credited 24 hours later (or more) should concern us deeply.
Maximum bet
In many cases sportsbooks and betting exchanges know that if they will let a punter be without limits on their betting amounts when it comes to bonus money, then they will probably have – sooner or later – financial issues. For that reason they allow a certain amount of money on a bet at once. The maximum bet depends on the bookmaker’s policies.
Is a free betting bonus really free?
While most the sports betting bonus are presented as free ones, the truth is very different. No betting bonus is free. Ok, there are some minor exceptions. However, in fact, you will have to pay its value multiplied by many times. To make it simpler for you. In case you will accept to participate in any sports betting bonus promotion, you will have to make a rollover. You need to play the sum of the deposit and the bonus X times. The X might be from 3 up to even 15 times. Besides, you have to play with a cap on the minimum odds. Moreover, the sports betting site bonus might come with a requirement of a specific maximum bet. This means that you will need some time in order to fulfil the wagering requirements.
Along with that, there might be an exclusion of some payment methods. Usually, these are the e-wallets (Skrill, Neteller etc.) or on specific betting markets. So, as you may understand, you can’t consider any promotion given by your bookie as totally free. You have to overcome some obstacles. On the other hand, though, it is great that you have the chance to broaden your bankroll. That by itself may give you more chances to win more.
Will I find a bitcoin bonus on the brokers?
I
t depends on the betting exchanges the broker has cooperation with. Not all the brokers can offer to bet with cryptos. That means that they are also unable to provide a sports betting site bonus which is based on cryptocurrencies. You should make some good research. Then you choose a broker or a betting exchange that allows you to make transactions through cryptos. It might be Bitcoin, Ethereum, Litecoin, Bitcoin cash etc. This type of brokerage service may also make your bonus betting worthwhile. This happens because you may get rewards for betting with Bitcoin or other cryptocurrencies.