Betting Bonus
Betting bonuses are promotional offers provided by bookmakers to attract new customers and reward existing ones. They come in various forms, such as free bets, deposit matches, risk-free bet bonus, accumulator bonus, cashback, or enhanced odds. Essentially, they provide you with extra funds or incentives to use when placing bets.
Here are some of the popular betting bonus offered:
- Deposit match bonuses: It offers a percentage match of your initial deposit, boosting your bankroll for more betting opportunities and potential winnings.
- Free Bet Bonus: This popular bonus provides a free bet token or credit that allows you to wager without using your funds.
- Enhanced Odds Bonus: Bookmakers offer improved odds on selected matches or events to attract bettors.
- Cashback Bonus: Cashback bonuses refund a percentage of your net losses over a specific period, providing a cushion against losing streaks and minimizing the impact on your bankroll.
Reviewing the terms and conditions associated with each betting bonus, including minimum odds, wagering requirements, and time limits, is crucial. By effectively understanding and utilizing these bonuses, you can enhance your winning opportunities and optimize your sports betting endeavors.
How to Decide The Best Betting Bonus For You
Deciding which betting bonus is best for you will depend on the type of offer you are looking for, how much you want to stake, and plenty of other factors. If you are somebody looking to deposit either nothing or as little as possible to secure betting bonuses, then you will most likely want to find no deposit bonuses or a bet and get a bonus.
Alternatively, somebody looking to stake big might be more interested in a cashback bonus, or deposit match bonus which matches the cash amount you decide to add to your new account.
We suggest that you browse through all of the suggested betting bonuses at the top of this page and, provided you are a new player with the recommended bookmaker you are interested in, click on our Get Bonus button, register and meet the qualifying requirements of that welcome offer.
How To Claim Betting Bonuses
Each bonus you decide to claim will be different depending on the bookie you decide to sign up with, but there are steps that will cover each and every betting site listed below:
1. Click on the âGET BONUSâ button for your preferred bookmaker from the recommended betting bonuses at the top of this page
2. Sign up by entering details like your name, address, email address, and any other required information by the bookmaker
3. Either be awarded your betting bonus if it was a no deposit offer, or make the minimum deposit required as laid out in the promotion
4. Place a bet at the minimum required odds and with the minimum amount of selections applied
5. Receive your betting bonus within the timeframe specified by the bookmaker thanks to signing up with LUCKLANDIA!
How Do Betting Bonuses Work?
Now you have claimed your betting bonus, you will undoubtedly be eager to use it on sporting events that are on currently. But do you know how to use your betting bonuses? Depending on how the betting bonuses have been allocated in your account and the sign up offer you decided to claim, you will be able to use your betting bonuses on one specific sport with a specific bet type, or on any sports that you want.
If you have chosen to claim an offer which specifies you can only use your betting bonuses for football accumulator bets or bet builders for example, then that will be what you are able to bet on. If you are just receiving betting bonuses for any sport, then you will just need to add what you want to place a bet on to your betslip, and then choose your bonuses for that bet.
For any winnings that you receive from bets placed with bonus funds, you will not receive your stake back as cash, unlike if you placed a bet with your deposited money. Also depending on which welcome offer you decided to claim with LUCKLANDIA, you will have a set of funds added to your new account to use freely in how many installments you choose or it could be as 3 set amounts of bonus bets, which may influence how you bet with your betting bonuses.
Once redeemed, your betting bonuses will have an expiry date so make sure that they are used before that date is reached and they are no longer available to be used.
Types of Betting Bonuses Available
Betting bonuses can come in many different forms. In order to claim betting bonuses you might be required to make a deposit, or place a bet, while in other cases you can even be rewarded with a betting bonus with no deposit.
Check out some of the types of betting bonuses you can expect to see with bookmakers below:
Welcome Offers
A welcome offer is reserved for players registering with a bookmaker for the very first time, and these are the most common type of betting bonus. A welcome offer itself can be many things, and any of the betting bonuses listed below, but it is simply available for new players only.
Deposit Bonus
A deposit bonus is a type offer that requires you to make a deposit in order to claim your bonus funds from the bookmaker you have chosen to bet with. There may be specific requirements with a deposit bonus, meaning you might need to deposit a select amount to guarantee you receive the betting bonus available with that chosen bookmaker.
Additionally, a deposit bonus could also refer to a deposit match when registering with a new bookmaker, or even as an existing player. For example, you may receive a 100% match of your first deposit in betting bonuses when you sign up, which would be considered a deposit bonus.
No Deposit Bonus
A no deposit bonus is what players would love to find with every bookmaker because it would mean you get to place bets on sports without having to spend any money first. However, a no deposit bonus is quite rare among sports betting sites, with them often preferring for players to make a deposit first.
Bet and Get Bonus
Bet and get offers are the most common type of bonus that you will find with bookmakers, and they are exactly what they say they are. When you meet the qualifying bet at the required odds and with the specific amount of selections necessary as stated in the terms and conditions, you will then be granted your betting bonus with the selected bookmaker.
A bet and get bonus is something that will sometimes be available to existing players too, for example matching your bet on a specific game in bonus funds once you opt-in to the promotion.
In the UK at the moment you will find bet 10 get 30 offers are quite commonly available, while in the US you will typically see bet 5 get 150, or sometimes more at the time of big sporting events.
Cashback Bonus
Cashback bonuses are when you are rewarded with a percentage of your bet in bonus funds if you lose. This type of betting bonus can be for new players or existing users, meaning you will either win cash if the outcome of your bet is a win, or receive a percentage of your stake as cashback either in real money or as bonus funds.
Betting Bonuses For Existing Players
Betting bonuses will also be granted for existing players because bookmakers will be keen to encourage players to keep revisiting and playing at their site or app. For existing players, betting bonuses can be rewarded in numerous ways. An offer for all players could see them be rewarded with a matched bonus for a bet on a specific day or days, while in some cases bookmakers will gift players with a betting bonus just for loyalty purposes and for regularly placing bets.
Betting Sites With Welcome Offer Terms and Conditions
There are a few things to be aware of when claiming a betting bonus, especially if it is a bookmaker you are registering with for the first time, simply because there will be specific requirements you need to meet. In some cases bookmakers will make clear what the requirements are to claim a betting bonus, but others can put details in the fine print that could easily be ignored.
Just for clarification on what is required, always make sure you read that fine print to get an understanding of what the offer entails and what you need to do to secure a betting bonus with that given bookmaker. We always recommend that you check the terms and conditions when claiming any betting bonus to ensure that you are aware of what is required of you when you sign up, and to make sure that you donât place any bets which will not contribute towards claiming your betting bonus.
Even with promotions for existing players, you need to check the terms and conditions to ensure that bets you are placing will qualify when it comes to claiming your betting. Similarly, you will probably be required to opt-in to claim a betting bonus as an existing player. Donât just automatically assume you will be rewarded, first make sure whether you need to opt-in before placing any bets.
Some of the key factors to consider in the terms and conditions are:
- Minimum deposit
- Minimum odds
- Accepted payment methods
- Betting bonus expiry dates
Sports betting bonus promo codes: Are codes really required?
Some companies do use sports betting bonus promo codes and some do not use codes at all for their new player offers. Each new customer bonus offer has its own terms & conditions. As part of these terms, you may be shown or quoted a promo code that you will need to enter as you sign up for your account. If you are quoted a code, you know you will need to enter it at some point in your registration process to get your bonus. If you do not see reference to a code in the offer terms, then you should not need one.
Do not be misled by the potential existence of a promo code input field as part of your sign-up process. Oftentimes the betting site sign up screens just have an input field for a promo code built-in so that they may introduce a bonus code easily at some point in the future. Simply pay attention to your offer terms for whether a bookmaker bonus code is quoted.
Betting Bonuses FAQs
Which betting site has the highest bonus?
It will depend on which location you are choosing to bet from when it comes to finding the betting site that has the highest bonus. Check the location in which you’re currently in to determine which betting site has the highest bonus available at this moment in time.
Can you withdraw betting bonuses?
Any betting bonuses that you have in your account will not be available for withdrawal until they have been turned into real money. Betting bonuses are strictly available for placing bets only, and cannot be withdrawn.
How long do bonus bets last?
Bonus bets will often have expiry dates, which can be seen in the terms and conditions of the promotion in which you claimed. It will more often than not specify that âyour bonus will expire after seven daysâ or however long it is going to be available for. Moreover, there are some scenarios where your bonus funds in your account will have a message next to them, or you are able to hover over them or click on the amount to see when they will expire.
How do you use bonuses on a bet?
Using bonuses for a bet will vary from bookmaker to bookmaker, with some providing a gift-like image in your betslip which will allow you to click on it and use it for that specific bet. Other bookmakers like Bet in Asia will supply bonus credits and let you determine how much you want to stake per bet, with players just required to tick the âuse bonusâ or something similar when placing their bet. Each bookmaker will provide different ways to use bonuses on a bet, you just need to add selections to your betslip and see how you can place your bet using any credits that you have with a selected bookmaker.