When starting out as an online sports bettor, you will quickly be introduced to sports betting promotions. The various sportsbooks want to welcome you to their platform and often offer incentives for you to join, but it’s important to be informed about the diverse options out there.
Sports betting promotions are as common as casino bonuses and other types of deals and offers. Online sportsbooks use them to attract customers by offering them a good deal. They might offer a possibility to get a first-deposit bonus to add a bit extra to the bankroll. They can also be in the form of an odds boost to get beginners started on the right foot.
The newest betting promotions come in all shapes and sizes today, so there’s lots to choose from for the sports bettors. This is why it’s always a good idea to compare the various sportsbooks to make sure that you get the best offers from the start. You can expect to get different promotions throughout the year. Many sports bettors have accounts on various sites, so they’re able to not only compare lines but also look out for the best bonuses.
How do sports betting promotions work?
Claiming a sports betting promo is a pretty easy process. When you’re already signed up at one or several sportsbooks, you will be presented with the bonuses automatically. That can be through a link directly to the promotion. It can also be via a promo code that you can use when it suits you within the timeframe of the promo. Sometimes, you just get a notification with instructions on how to claim the bonus.
Make sure that you know the terms and conditions of the promo before accepting it. You must read the fine print. There will always be some terms to the promo. Perhaps they’re limited to a particular sport or only valid within a 24-hour timeframe. Make sure that you’re fully aware of these terms and conditions before agreeing to anything.
What kind of sports betting promotions are there?
There are many different types of betting promos available. In time, you will most likely find your favourite ones and stick to them. But if you’re still a beginner, you can shop around and try out different kinds.
One of the most common ones is the deposit match bonus. As the name reveals, the deposit you make will be matched by the sportsbook. There is a limit on these which is usually somewhere between $100-1000. Again, be aware of the conditions. Often, you will not be able to withdraw the money again, or you can only withdraw it if you meet some playthrough conditions. That means that you will have to place a particular number of bets before you can withdraw the money from your account.
New bettors often get offered a risk-free bet, which allows them to place a wager without the worry of losing the money. The potential loss will be reimbursed by the sportsbook. There is also a limit to the size of the risk-free bet.
A third common type of sports betting promo is the first bet match. When you place your first wager, the sportsbook will match the amount of the bet in credits. Shortly, you will find the same amount that you placed on a wager.
As you can tell, there are quite a few different types of promotions that can be used to maximise your betting experience. These are just a few examples of the most common ones. So, keep your eye out for the best bonuses – and remember to read the terms and conditions before accepting any offers.
