The world of online betting is one which is extremely competitive and with so many companies in this sphere they have to do something to try and entice gamblers to use their site. It is for this reason that almost all of them will offer exciting bonuses to draw you in, and these bonuses are great news for anyone who loves to bet. Just to show how many bonuses there are check out this website where you’ll find a list of some of the biggest offers and most attractive bonuses.
Instead of simply picking one online bookmaker to use it makes much more sense to give all of them a try, scoop up the bonus first and then move on to the next one if you don’t enjoy the odds or the way that the site is set up. When you are looking to make the most of these bonuses these are the details which you need to pay attention to.
Types of Bonus
There are a few different types of bonuses which you will find across various online bookies, the most common of which being a matched bet bonus. In this situation the bookmaker will offer to match your first bet amount up to a certain figure eg. Bet £10 and get £10 free. Occasionally you’ll also find a deposit bonus which will see the bookmaker match you initial deposit up to a certain amount, usually this will be a 100% match up to a certain amount, or a 50% match up to a certain amount.
In the case of a matched first bet amount you need to pay particular attention to the terms and conditions, as they will often have requirements on how to bag your free bet. For example you will usually have to place your first bet on odds of 1/2 or higher. Once you have earned your free bet you may also find that there is a maximum limit on using that free bet, normally this is around 7/2 or 4/1.
Something which you really have to pay attention to is the rollover requirement for your free bet, especially if there is a sizable bonus up for grabs. Some will suggest you have to rollover the amount of the free bet 3 or 4 times before you can withdraw, others have even bigger requirements such as 10 times the deposit and free bet amount. This is so important as if you win on your free bet, you cannot simply withdraw, you must then keep betting that amount until you have met the requirements.
Free Bet Stake
There is a temptation to place your free bet on a ‘dead cert’ or a selection with a highly probable outcome, you must bear in mind however that 9 times out of 10 you don’t get the stake back from your free bet, only the winnings. If you back a 1/4 with your free £10 bet then you are only going to win £2.50 from that bet, as the £10 will not come back to you, bear this in mind when you are making your selections.
As long as you have read all of the terms and conditions and met each requirement, you can enjoy some free cash and some price boosts on your next bet, before moving on to the next bookie and doing it again, a great way of boosting your cash pot.