Most betting companies offer sign up bonuses to attract new customers. Bettors who wish to join a betting company take these bonuses very seriously and betting companies know that potential customers want to receive high bonuses when registering. As they also know that in order to be retained as their customers, they must provide reliable, high quality services, quick payouts and withdrawals.
The registration bonus gets activated upon registration, upon the first deposit to the betting company of the bettor’s choice. The amount credited as a bonus to their accounts depends on the amount they deposited, but also on the betting company. There are betting companies that offer 100% bonuses up to a certain amount, while there are others that offer 50% up to a certain amount or less.
It is important to know that bonus conditions differ depending on the betting company. To make the bonus available for withdrawal, you must bet the total amount (deposit and bonus) at least three times (as is the case with most betting companies), what is also known as a wagering requirement. For example, for a deposit of ₦100, you received a bonus of 100% of your deposit, that is, a total of ₦200. In order to be able to make a withdrawal you must play bets (wager) totaling ₦600.
Free bet
Many betting companies offer their customers a free bet during a betting event. This can be placed immediately and can be paid (upon its settlement) at any time the bettor wishes. What you need to know, however, is that only the winnings are credited to the bettor’s account and not the initial amount offered by the company for free. For example, if someone bets ₦20 (free bet) on a 3.00 odds and wins, then they will be credited to their account ₦40 and not ₦60.
Loyalty Bonus
Some betting companies offer the so-called loyalty bonus on a regular basis when the player bets frequently with them for a long time. In fact, this bonus is absolutely free and no deposit is required.
Free bet on a specific event
The betting companies, usually in big events or European leagues, offer their customers a free bet with a predetermined amount, provided that the customer has bet an equal amount on the event before its start.
Mobile Bonus
Betting companies that customize the look of their websites to mobile version, offer a free bet with a predetermined amount to their customers, provided that the customer has bet an equal bet on his / her choice prior to the event or has made a bet deposit to his account from his mobile phone.
Recommend a friend
A bettor who is registered with a betting company can invite a friend to sign-up and if he does, the player who recommended him gets a bonus depending on the deposits his friend makes.
Parlay Bonus
Some betting companies offer their customers parlay bonuses, that is, an extra amount on their winnings when they bet on more than 2 sports events and their bets get settled as won.
Birthday Bonus
There are betting companies that offer a bonus to their clients, who have a birthday.
Reconnect Bonus
Reconnecting bonuses are offered by betting companies to long-time clients in order to return to them and continue to use its services.
Are the bonuses offered by the betting companies really free?
Given that worldwide around 4% to 7% of the bettors are winning, when you receive a bonus that reaches an X amount, and you have to wager (i.e. bet) that amount three times (or more times – depending on the betting company you chose) then you realize that the betting companies in a very clever way offer you a gift that they most often get back.
On the other hand, it is perfectly legitimate for a bettor to play at twice the amount he has deposited, with money he did not have, and should not be treated in a negative way. In most cases it is a very important “weapon” in the hands of the player, as long as the bettor does not get carried away and exceed the maximum amount of bet he can allocate.