Bonuses are a staple at online betting sites keen on staying significant. These rewards attract new bettors and acknowledge the loyalty of existing ones, enabling the print world of sports books to strengthen their growth prospects. The cunning ploy also works in favor of bettors as well, providing them with the motivation and funds to keep up with their indulgent ways. If you are still ignorant about the types of bonuses and the ways to redeem them, we help you to be in the know.
As you make your debut on an online gambling website, the first thing to expect is a welcome bonus. Usually, the sign-up bonus is a particular percentage of your deposits meant to help you start wagering with a bigger bankroll. The amount may vary from one sports book to the other, but you can expect a bonus ranging from 50 to 100% of the deposit. Contrary to the popular perception, the welcome bonus is not easy money, as you can access it only by placing wagers.
Reload bonus is a permanent fixture at a majority of sportsbooks. As self-explanatory as the name is, reload bonuses are available at the time you make a second or subsequent deposit. Herein, you can avail a small fraction, generally 20 to 25%, of the deposit with a rollover option.
Bonus on Loss:
Since consistent loses take a toll of your bankroll and the very motivation to bet, online betting sites have worked a smart way to keep you hooked. They doll out Bonus on Loses, which is essentially a certain percentage of the total losses incurred, helping you prolong your enthusiasm even in the wake of lengthy losing streaks.
Loyalty bonus is yet another effort on the part of the sports book to keep your loyalty intact. You are entitled to a fixed number of loyalty points when betting at the same sportsbook consistently, which can be later redeemed for cash or extra bets.