An undeniable advantage of sports betting sites, welcome bonuses are play a central role in the world of online sports betting. These bonuses can vary from one site to another – whether they are easy or difficult to obtain, generous or of average amount, free bets or earned on deposit, there are a whole ranges of bonuses on offer on the market. On this page, we take stock of the basics of bookie sign up offers, as well as ranking the best bonuses currently available on the online sports betting market.
What is a welcome bonus?
The first point to note is that a sign up offer is available to customers only once, barring any case of exceptional circumstance. Employed by bookmakers to attract new customers to join the site, the significance of these offers has increased in recent years, in line with the growth in competition in the UK market. The principle of these offers is simple, each sports betting site offers a particular advantage to new players, which can take the form of a free bet or an increase on the first deposit placed at the site. Whether it is the 1xbet promo code or the Bet365 bonus, each offer is designed to promote loyalty from customers to the site in question. If you are tempted to register with all of the sites included in our list don’t hesitate to do so, as each offer will provide you with generous benefits.
What are the different types of bookie sign up offers?
- Refunded Bet
- Free Bet
- Deposit Bonus
If you are a newcomer to the world of online betting, be aware that bookmaker bonuses can take a number different forms – in others words you will be offered different benefits depending on which site you choose to register with.
Refunded Bet
One of the most common forms of bonus offered by bookmakers is the refunded bet. Its principle is simple – if the first bet you place on the bookmakers sportsbook after registering is a loser, then you can receive the stake of the bet back as a refund. Often limited to an amount of around £100, this bonus is often appreciated by customers, as it allows you to ensure a positive start to your sports betting experience.
Free Bet
The second type of bonus that is often available at online bookmakers is the free bet. Again, this offer is not complicated – when you register at a betting site they offer you a free bet amount once you follow a number of conditions attached to the offer, usually a qualifying bet or wagering requirement. It can also occur that a free bet operates in a similar way to a refund bonus, in that you will receive the tokens if your first bet is a losing one.
Deposit bonus
Finally, the third most frequent type of bonus offered to new customers is the deposit bonus. This offer often involves doubling the amount of your initial deposit placed at a betting site. For example, if you decide to place a £50 deposit after registering an account at a bookmaker, you would be offered an additional £50 to play on their sportsbook under this offer. This type of bonus is often appreciated by experienced bettors in particular, but can also allow novice bettors to quickly build a comfortable betting kitty to play from.
To finish up our description of these main types of welcome bonuses, you should be aware that there are a number of different types of promotions that can be offered by online bookmakers. To make the most of all of the best promo codes offers out there, there is only one rule – to register with all of the bookmakers available in your country. In addition to enjoying the best promotions available, you can also increase your earnings by using odds comparison – the best way for you to earn a substantial profit.
To determine our ranking of the best bookmaker offers currently available, a number of important factors were taken into account. Beyond the bookmaker themself, there are three key criteria that we consider to be particularly relevant to the bettor, be they beginner or experienced.
The first of these criteria is, of course, the amount of the bonus offered to bettors. This factor is somewhat straightforward, as we have analysed the highest bonus available at each site to determine which is the most generous. Generally ranging from £10 to £100, some offers are higher than others, which is the reason why it is important to include this factor in our ranking.
The second criterion is also of great importance – the type of free bet offered. At this stage, we considered the form of the bonus offered by each bookmaker – from free bets, to refund bonuses, to first deposit bonuses. In our rankings, a refund bet will score higher than a free bet, but slightly lower than a first deposit bonus.
The final aspect of these sign up offers that we have evaluated is the conditions attached to each bonus. We researched each promotion to find the details of the conditions required to obtain each offer – be they a minimum qualifying bet, a timeframe in which the offer is valid for or the number of steps required to qualify for the bonus. In this stage of the ranking, refund bets will score lower than free bets. Here, the most important thing for us was to put ourselves in the player’s shoes to determine whether or not it is easy to obtain each welcome bonus.
It is by evaluating these criteria that we come to a conclusion on our overall ranking of the best sign up offers available on the market. We have said it before, and we will say it again, it is crucial that you register with each bookmaker in our ranking – you will stand to earn easy winnings for less risk. The final piece of advice is to prioritise bookmakers that have been granted a license by a regulator body.
