What are bookmaker bonuses?
A bookmaker bonus is simply an incentive that you are offered at the betting sites so that you can have a longer play time when playing the slots games, bingo games, roulette and blackjack games or even better place risk-free bets at the sports betting sites. Usually, the bookmaker bonuses will involve free spins, for those playing the slots games, slots tournament entry and real amount. Depending on the sports betting site you visit, you will be able to receive different types of bonuses, which will be added to your account before or after you’ve met the wagering requirements.
One standard feature with all bonuses is that you’ll be required to use it within a specified time period in order to remove the restrictions set by the site on the real money amount. These restrictions are usually referred to as the wagering requirements or playthrough requirements in some instances. Failure to meet the wagering requirements before the specified time period, the sports betting site will have to claim it back. In most bookies, your bonus money will only be available for use after meeting the wagering requirements.
Please note, if you are playing on a multi-platform website that offers casino, poker and sports betting services, you will not be able to transfer your bonus funds or any deposited funds tied to the bonus across the different platforms. Once you’ve redeemed the bonus money, you will only be able to use it on the same platform where they were offered. To redeem bookmaker bonuses, you have to use a bonus code that will usually be offered by the bookies or get one from reputable sites who have partnered with the bookies.
What are bookmaker registration codes?
A bookmaker registration code is simply a string of numbers or letters that you have to enter when registering for an account or making your first deposit in order to claim certain bonus offers. As already mentioned, bonus codes are readily available at the sports betting sites, in various media including advertisements and promotional emails or other sources.
How do you use the bookmaker registration codes?
Using the bookmaker registration codes is simple. You can either use it when creating an account with the bookmaker or when making your deposit at the site. When creating an account, there is usually a field with the ‘Bonus Code’ section in which you’ll be required to enter the bonus code. However, if you don’t wish to claim the bonus immediately, you can save it for later and use it when making your deposit. Similarly, you’ll be presented with the ‘Bonus Code’ field in which you’ll enter the registration code to receive the bonus.
Popular Bookmaker Bonuses Online
As already mentioned, bonuses are simply incentives offered by the sports betting sites to attract players to their sites and enable those already signed up to play for longer. As a result, you’ll come across different types of bonuses online, and they range from sign up bonuses, no deposit bonuses, reload bonuses, loyalty bonuses among many other types. As a result, it might get a little crazy for an average or new player to find bonus that suits their needs. However, thanks to this online bonus guide, we look at the different types of bonuses and the important features of the bonuses.
What is a sign up bonus?
Just as the name suggests, the sign up bonus is offered once you sign up with the bookie. Different bookies have different types or sign up bonus packages with the most common one being the deposit bonus and no deposit bonus.
This bonus is activated once you make your first minimum deposit online. I’ve just mentioned the MINIMUM deposit because your account will only be credited with the bonus once you’ve met the minimum deposit as specified in the bonus’s terms and conditions. In some sports betting sites, the bonus amount that you’ll be offered may be a percentage of the amount you deposit, or it might be fixed.
In the fixed bonus, the amount that you’ll be offered is fixed. For instance, you might be offered $50 extra for making a deposit of $100. This means that you’ll have a total of $150 to play with. On the other hand, in the percentage bonus, the amount that you’ll be offered is a percentage of your deposit and will usually be subjected to a maximum amount. For instance, 100% match deposit bonus up to a maximum of $200 will earn you an extra $200 once you make a deposit of $200. If you make a deposit of $300, the maximum amount you can get is $200 since the bonus has been capped at a MAXIMUM of $200.
No Deposit Bonus
This is perhaps the most celebrated bonus online as it’s offered with minimum or no strings attached to it. At some of online casinos/bookmakers, once you create an account with them, they automatically credit your account with the no deposit bonus. However, to claim the bonus, you will have to make a minimum initial deposit through specified banking methods such as credit cards, eWallets such as Skrill, PayPal or Neteller or through the website’s unique banking method.
Since the bonus of free of any charges, you will only be able to use it to play the games at the site but cannot withdraw it. However, any winnings resulting from the bonus can be withdrawn but after you’ve met the set wagering requirements. Another important fact that you need to know is in most cases, the casino no deposit bonus is usually limited to a maximum of $20.
As we wind up with our bonus guide, we thought it wise to look at a terminology that brings about a lot of controversies – the wagering requirements. All the bonuses online have wagering requirements set, and you can only redeem the bonus or winnings resulting from the bonus after you’ve met the wagering requirements.
Wagering requirements are usually fixed (for the fixed bonuses) or will vary with the amount you deposit (usually for the percentage bonuses), and they’ll be measured by the amount of money wagered, in points or the hands raked in poker. Regardless of the casino or sports betting website, wagering requirements will be displayed with a number and the × symbol.
For instance, if you’ve received a $20 welcome bonus with a wagering requirement of ×5, then you’ll be required to wager $100 before the online sport betting site makes the bonus available for you to withdraw. In most cases, the wagering requirement is usually set at ×25 – ×40 in European casinos and ×1 – ×5 in American casinos. However, its highly recommended that you read the terms and conditions guiding for each bonus to have a full understanding of how each bonus works.