Nowadays, there are a lot of bookmakers, which makes them compete heavily for new customers. While only few of them try to do it by offering the lowest margins and eliminating all the possible limitations, the greatest number of them try to cope with this task by providing new users with various kinds of bonuses. To tell the truth, everything is not so simple with this betting phenomenon, and all the possible bonuses and free bets deserve a detailed description.

Bonus Variations

In fact, all the bookmakers offer a great number of various bonus variations. That is why it can be quite reasonable to become familiar with the most common from them. To enumerate, they are the following:

1. matching your stake;
2. free bet series;
3. initial deposit bonus; and
4. winning first bet bonus.

Now, let us describe each of them separately. Matching your stake is said to be one of the most popular variations offered by online bookmakers. The general principles of the given bonus are quite simple. To explain, you should only place a bet, while a bookmaker matches its amount by doubling the entire stake. In order to eliminate all the possible misconceptions, let us consider an actual example. Let us imagine that you have decided to stake $25 on a certain event. Thus, considering the bonus, a bookmaker makes your final bet amount to $50. Of course, the given bonus implies certain restrictions. Thus, doubling can be made only if your initial stake is generally between $5 and $25. Also, the bonus becomes valid only if you bet on an event with the odds of at least 1.50 or 2.00.

A Free Bet Series bonus is similar to the above-mentioned bonus, with the only difference being the fact that the bonus is divided into a number of separate ones. For example, you may be offered five $10 free bets if you place a $50 initial wager. Here, there are also some restrictions that refer to expiry dates of the free bets, which is done in order to make bettors regularly visit bookmakers’ websites.

Initial Deposit Bonuses are not so popular nowadays as they were previously. The given type means that a gambler obtains a certain bonus according to an initial deposit made by the gambler. A bonus amount varies from bookmaker to bookmaker, but it generally amounts to 50% of the deposit made. The main condition concerning this bonus is the necessity to place a certain number of wagers in order to withdraw the funds from your account.

Winning First Bet Bonuses are bonuses that are granted to a gambler when his first bet happens to be winning. The longer the odds, the higher the bonus.

Conditions & Restrictions of Free Bets

As it has already been mentioned, bookmakers’ bonuses and free bets can differ greatly one from another. It should be mentioned at once that some bookmakers can offer enormous benefits that are subject to strict restrictions and conditions to be met, while others provide their users with smaller bonuses that are not connected with a lot of restrictions.

Among others, the most popular condition is the minimum odds required. Of course, different oddsmakers can fix various limits, but general figures range from 1.20 to 2.00. These odds only can make free bets work. The list of other limitations is rather exhaustive and includes a certain kind of sport or a league, on which a wager may be placed, the minimum size of an initial deposit made, an expiry date, and a number of wagers that are to be placed for a bonus to start acting.

In any case, it is extremely necessary to take a look at the “fine print” concerning this or that bonus. In other words, every bonus is subject to certain terms and conditions that are to be met for a gambler to fully utilize the bonus.

General Principles of Free Bets

Alongside various kinds of bonuses, numerous online bookmakers provide new clients with free bets. Simply put, a free bet is an amount of money credited to a gambler’s account. These funds can be used in order to either bet on particular events or place certain types of wagers. Roughly speaking, there are two things that separate free bets from ordinary ones.

Firstly, if a free bet loses, you do not lose your real money. Secondly, if the bet results in a win, you obtain the winnings only, while a winning ordinary bet leads to both profits and returning the stake amount placed.

Here, if you want to find the exhaustive information concerning free bets and bonuses offered by a given bookmaker, it is recommended to visit its website and find a “promotions” page where all the details are stipulated.

Making the Most out of Bookmaker Bonuses

Since it has already been mentioned that bookmakers provide new bettors with certain money bonuses that can be withdrawn after you stake the full amount of the bonus a certain number of times. That is why it would be quite profitable to find or develop a risk-free strategy of how to surely obtain benefits from the bonus.

Fortunately for beginner gamblers, the given article is going to present an effective technique to create a sure bet from a bookmaker’s bonus. The given technique consists of several steps. Firstly, it is necessary to sign up with a bookmaker and read carefully all the terms & conditions concerning the bonus on offer. Secondly, you should open an account with a betting exchange because it is a betting exchange that can give the opportunity to reinsure your bonus bet. Thirdly, you are to place a bet necessary to put your bonus into action. Here, it is very important to follow all the necessary requirements. Finally, you should place a wager with a betting exchange on the opposite outcome in comparison with one placed with an ordinary online bookie. To explain, if you placed a bonus bet on Chelsea to beat Manchester City with an online bookmaker, a wager with a betting exchange would have to be placed on Manchester City. It should be mentioned at once that odds of both wagers must be almost the same. Otherwise, you will not achieve the desired result.

To cut it short, all the steps mentioned above are necessary to reinsure your bets. For instance, if Chelsea loses or draws, your bonus bet is canceled, while you will generate rather attractive benefits from the wager placed with a betting exchange. If the Blue wins, you will lose the wager with a betting exchange, while there will be certain benefits from a bonus bet.

Final Judgement

The given article has presented the fundamentals of such a betting phenomenon as bookmakers’ bonuses and free bets. There are a few types of these bonuses, and it is of great importance to read the fine print concerning every separate bonus. Also, there is an effective strategy in order to minimize all the possible risks involved.