Betting Bonuses
The most common and well-known online bookmaker promotions are Sign Up Bonuses for new customers.
It must be said that this concept usually means an bookmaker sign up bonus on the first deposit of a new player opening their first account on a betting site.
A quality bonus policy enables companies to attract a large number of new players; in turn, new players have good financial standing for their first bets.
The most popular of these are the betting free bets.
These allow you to participate in betting with a bookmaker at no risk; if lose the bet, you have nothing to lose.
In any case, before using the bookmaker offers, the player must carefully consider the "Terms and Conditions".
Bookmaker Sign Up Bonuses
May 2023
What is a Betting Sign Up Bonus?
The Betting Sign Up Bonus (SB) is a welcome cash bonus that is awarded by the bookmaker to all of its new customers who have registered on the betting site and have made the first cash deposit to their player account.
The SB can be 25%, 50%, 100%, 200%, etc. In this case, the percentage indicates the size of the bonus relative to the client's first deposit.
What is important to know about betting bonuses?
Whenever you see a bookmaker's welcome offer, please carefully read their Terms and Conditions first. Only in the Terms and Conditions will you able to find all of the important and hidden nuances related to the wagering and crediting of bonuses.
The most important points to focus on are:
The availability of promo codes- The % of the accrued SB
- The time period after registration when you are required to make the first deposit
- The details of the Terms and Conditions for wagering bonuses
- The time period for using offer.
You also need to check:
1. If there are any restrictions on payment methods for making a deposit.
2. If there are any restrictions on countries and territories covered by the sign up offer.
What are the best sign up bonuses?
To find out which of the bonuses will be the most profitable for the player, these are the 4 most important criteria that must be taken into account:
- The amount of the SB
- The percentage of the SB, the higher it is the better
- The conditions for betting with SB (wagering), the less they are the better
- The minimum odds of bets for wagering, the lower it is the better.
Let's take a look at this with an illustrative example.
B - bonus amount.
(? x B) - Mandatory turnover of SB amount.
1) 50% bonus $100 (wagering = 10 x B).
To withdraw the SB from the account, you need to wager $50 10 times.
Thus the total wagering requirement is $500.
2) 100% bonus $50 (wagering = 8 x B).
To withdraw the SB from the account, you need to wager $50 8 times.
The total wagering requirement is $400.
Which of the bookmaker's welcome offers is the best here?
The unequivocal answer is the second example!
As you can see with an equal amount of SB, we have more favorable wagering conditions.
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