The competition in the sports betting market is really overwhelming. Every bookmaker company tries to involve new clients in every possible way. Bonuses remain one of the best options. Now, it is difficult to find a bookmaker, which doesn’t offer gifts to its players. Bonuses are appreciated by players and are the best marketing decision. Bonuses are noticed first in almost any advertisement of a bookmaker. We will tell further about types of bonuses in bookmaker companies and possible pitfalls.
Types of bonuses
Every bookmaker website tries to think of own unique promotion or offer. However, all bookmaker bonuses can be divided into a few types:
- no deposit bonuses;
- deposit bonuses;
- free bets;
- loyalty programs;
- express bonuses;
- bet return;
- special bonuses.
No deposit bonuses are one of the most widespread types of gifts. Usually, they are given to new players for registration on a website. A no deposit bonus is often a particular sum of money on a special bonus account. This sum has to be bet a certain number of times to receive an opportunity to withdraw money. Bookmakers usually make requirements of minimal odds. As a rule, odds are high enough — from 2 and more. You need to win a sum of bonus 2-5 times. A sum of bonus, which you can withdraw, amounts «net profit» from a bet, which means winning without bet money.
Deposit bonuses work the same way. Bookmakers may offer 50-200% for making a deposit. However, conditions to win are more difficult usually. Some bookmakers can require winning a bonus on expresses with very high odds.
Free bets are an opportunity to bet bonus money provided by a bookmaker. Such bonuses are often offered right before important sports events. You often need to use a promo code and complete additional conditions like a deposit to receive a free bet. Also, free bets are often provided to new players for registration. Rules demand on a company. They are pretty loyal in some of them, for example, you need to bet with odds not less than 2, after which you can withdraw a bonus.
Loyalty programs can be called the fairest and clearest bonus. As a rule, they don’t need to win back. A player simply receives bonus points for bets, which have been done previously. A bookmaker usually provides a clear exchange policy of points on the money. During the exchange, points can be withdrawn due to loyalty programs or spend on bets.
Express bonuses provide a player with a bit higher odds. Bookmakers offer big odds on expresses, which consist of three or more events. Also, promotions like «The express of the day» can be active when a company gives an already-prepared express on popular events. Such promotions almost always don’t require additional actions to win back from a player.
Bet return is considered to be a respectively new type of bonuses. A bookmaker allows a player to return money for one lost bet on a particular sum. Usually, odds conditions and other details are usually written in conditions.
Special bonuses are various promotions and offers for clients. They include cashback for active players, birthday gifts, an increment of bet limits, bigger odds and others.
Pitfalls of bookmaker bonuses
A goal of all bonuses without exceptions is to increase the bookmaker’s profit. So the last ones try to trick and make withdrawal conditions maximally difficult. The first thing you need to pay attention to is the time of winning back. Bookmakers often say nothing about it or write this information with a small font where it is imperceptible. Every bonus has its time to win back. it can be days or weeks. If you don’t finish in time, all gifts will nullify.
Does a promotion require a deposit? When a bookmaker offers a no deposit bonus, he often asks for a deposit after all. You will not be able to withdraw a bonus on a card or purse without it. This moment must be made clear in support service.
These are not all possible problems in receiving bonuses. You need to read promotional conditions accurately before agreeing on its conditions. Surely, there are diligent bookmakers, which provide real bonuses. However, the tendency is that the last ones remain less and less.