Nowadays, sports betting has become extremely popular due to the overall spread of the Internet. As you know, where there’s demand, there’s supply; and consequently, the quantity of “supply” rises in direct proportion to the quantity of newly converted gamblers.
The Bookmakers’ Strategy: Free Bets and Bonuses
Of course, I’m referring to the numerous bookmakers, who continue appearing every day. It’s natural that such diversity makes you dizzy. So how do the bookmakers motivate gamblers to use only their services and not turn to other bookies? The answer is simple – free bets and bonuses!
Finding Bonus Offers and Free Bets
Check the Promotions Page
If you’re still getting accustomed to the gambling process, note that bookmakers usually have a “promotions” page, where you can find all their current bonus offers and free bets.
Use Specialized Sites
You can easily find a specialized site, where all the current bonuses and free bets of the most popular and well-known bookmakers are displayed. It should be enough for you to visit our bookmakers section, where we present detailed reviews of the operators and list their current promotions.
Understanding Free Bets
A Great Opportunity
After finding attractive offers, why not use them to your favor? A free bet is a certain amount of money that a bookie adds to your account, thus giving you a great opportunity to bet on particular betting markets or specific bet types.
Differences from Regular Bets
It is worth noting that a free bet has certain differences from a regular one. First of all, if you lose your bet, you don’t lose anything. Secondly, if your bet is successful, in most cases, you receive only the profit, unlike the regular bet, where you get your initial stake as well.
Restrictions on Free Bets
Perhaps you wonder whether there are any restrictions and special conditions on Free Bets. That’s reasonable because there are some. However, these restrictions vary from bookmaker to bookmaker.
Minimum Odds Requirement
Among the most common restrictions on free bets, the minimum odds requirement should be mentioned. This feature also varies from bookmaker to bookmaker, but most probably the minimum odds will range from 1.40 to 2.00, so the bet could be qualified as a free bet.
League or Sports Market Restrictions
The bookmaker can also restrict the league or sports market where such bets could be placed.
Minimum Deposit and Expiry Date It also concerns the minimum deposit, and expiry date for using the free bet offer, and finally, the number of times you have to wager the free bet profit before you’ll be allowed to withdraw your winnings.
Types of Bonuses and Free Bets
Matching Your Stake Free Bet
There are certain types of bonuses and free bets, for example, “matching your stake” free bet. It’s very typical of a bookmaker to double the stake of your original bet, once you open an account and place your very first bet.
Free Bet Series
Free bet series is also a common offer among the other bookmaker promotions. It has a lot in common with the previously mentioned “matching your stake” free bet, except for one single distinction.
Initial Deposit Bonus
Among the various bookmaker bonuses, the initial deposit bonus should be mentioned. It seems like this offer has recently become less common, but anyway, some bookmakers do offer this form of incentive.
Winning First Bet Bonus
“Winning first bet bonus”. It works in the following way – you just get a free bonus in case your first bet is successful.
Conclusion
It’s not surprising that all these bonuses and free bets come with certain restrictions and conditions; after all, the bookmakers have self-interest. But if you use wisely these opportunities, they can be a good helping hand on your way to becoming a professional punter.