Sports betting bonuses are one of the most valuable sources that online betting fans can benefit from. When you are joining a sportsbook, the thing that catches your attention is exactly the type of sportsbook bonuses that the website offers you.
Online sportsbook promotions can give you tons of free funds for playing, which after wagering will become withdrawable. The thing that players love even more is getting bonuses for the sport they are passionate about. Because of that, online sportsbooks introduced various sports-specific bonuses, which you can collect specifically for different sports.
Sports betting bonuses are basically any offers that online sportsbooks allow you to claim for placing sports bets. Usually, you will be able to claim various sports bonuses like welcome offers, free bets, cash bonuses, and many others, but what groups them in general, is that they give you a cash bonus.
One of the most attractive types of bonus offers that you can obtain is sports-specific bonuses, which are for one sport only. So, let's see how sports-specific betting bonuses work.
If you are passionate about football, for example, you will be glad to hear that online sportsbooks offer various sports bonuses, like free bets for specific leagues, risk-free bets for a draw, boosted odds for big tournaments like the World Cup, and many more.
Basically, you can find various football sports betting cash bonuses in almost any online sportsbook.
But, with the growing interest of players in certain sports, basketball sports betting cash bonuses and hockey sports betting cash bonuses started popping up as well.
The good news is that you can not only get a sports-specific offer but also get different types for each sport, which gives you the freedom to benefit in many different situations.
Of course, online sports betting sites are more likely to give betting bonuses to sports that are more popular. That is exactly why the most widespread offers are for the following sports:
Of course, some legal online sportsbooks have offers for other sports, but the ones listed above can be seen literally everywhere. And not only that, but for those popular sports, the betting bonuses are more generous.
Different players may be attracted to different types of sports bonuses, so to help you find the best one for you, let's go over the major types.
One of the most widespread online sportsbook bonuses is the welcome bonus offer, which basically gives you a portion of your initial deposit as a bonus. On some websites, you will have to type a bonus code to claim your welcome bonus, but on others, making your initial deposit is enough.
The most common way for sports betting platforms to give welcome offers is by giving a percentage of your first deposit as a bonus. For example, you can get 100% of your first deposit as a bonus, which means your deposit matches the bonus amount.
Remember that welcome bonuses are given once per player, but the amount you can get is quite higher than the number of bonuses for existing players.
Reload bonuses are similar to welcome bonus offers but can be obtained during your sports betting journey. Some betting companies offer reload bonuses on certain days, for example, Friday Reload Bonuses.
But, the structure is the same as in welcome offers, you get a percentage of your deposit as a bonus. In most cases, you will have to type a promo code to claim those deposit bonuses, which is important to keep in mind.
There are many types of free bet bonuses that you can get from online sports betting sites, like free bets for completing some tasks, and free bets for lost wagers. But, the idea of the rewarded free bet is that it allows you to place any sports wager for free.
Let's say you get a $10 free bet, which you can use to place a wager. If you win, you subtract 10 from your potential winnings and get everything else. Notice that free bets cannot be withdrawn.
Most online sportsbooks don't allow you to use your free bet bonus partially, so if you use half of it, you will lose the other half. However, free bet credits can be collected multiple times, so you can always take more and more.
Boosted odds, also known as an accumulator bonus, or enhanced odds bet bonus, are very useful bonus offers, which are available in almost any online sportsbook.
These bonuses give you better betting odds for placing accumulators. The more selections you add, the bigger the bonus. By that, you will get very competitive odds, which allows you to get a great reward for your initial wager.
Another commonly seen bonus that online sportsbooks offer for their players, are promo code bonuses, which require you to type any bonus code for rewards. In most cases, those bonuses don't need to be wagered, but it depends on the sportsbook you are part of.
One of the most attractive sportsbook bonuses for players is no deposit online sports betting bonuses. Those offers allow you to get free money without having to make a deposit first. Of course, no-deposit sports betting bonuses are less likely to give you a lot of funds, but sports bettors still enjoy getting promo funds for free.
If you are a member of a sportsbook for a long time, you will probably qualify for loyalty programs if available. Most online sports betting sites have special loyalty bonuses for their best players, which can come as improved betting markets, free site credits, or even cash rewards. Usually, loyalty bonuses are given to players for being active in their online sports betting journey.
There are a few ways of collecting sports bonuses.
Usually, each online sportsbook has a separate "Bonuses" section, where you can see details about every single bonus you can collect, which will also help you avoid violating its terms and not losing all bonus funds because of that.
Overall, the only thing that you should pay attention to, is the requirements section, where you will see how to get the exact offer, without violating any terms.
Many players are afraid to collect sports bonuses, because of the terms or wagering requirements they have. But, they can only help you by giving you some free funds.
Different types of sports betting bonuses can work in different ways to your advantage. They can not only give you free bets but also help you prevent any loss, for example, by using risk-free bets, which puts you in an excellent position over the sportsbook.
And as of now, you are aware that you can claim sports-specific bonuses, and you can use everything to your advantage.
Let's see in what way sports-specific bonuses help you.
Pros
Cons
Most sports betting bonuses have wagering requirements that you must meet within a set period of time, in order to be able to withdraw them from your account. At first, wagering requirements may seem quite difficult to meet, but actually, it's pretty straightforward.
Welcome Sports betting bonuses always have wagering requirements, unlike free bets, so let's take that as an example.
Let's say, you collected a welcome deposit bonus, specific for football, which is equal to 100% of the deposit and has to be wagered 3 times, including the amount of the top-up. So, you will have to successfully wager the whole amount of the deposit and bonus 3 times, without using cash-out, which is not counted towards the wagering process.
If you deposit $100, you will get a bonus of 100$, so you will get to wager:
3 * 200 = 600
This is the total amount you should bet before you can withdraw any funds from your account.
Sports betting bonuses are the way online sportsbooks give you some extra value for being a valuable member of their platform, or just to say "Welcome" in the best way possible.
But, still, bonus money is given by the sportsbook for free, so they have to make sure you don't violate the terms, meaning that you will have to be very careful, as if you violate any, you not only risk losing all the bonus money but also your access to the specific sportsbook.
So, be sure to always go through the common sportsbook bonus terms before claiming any sportsbook promotions. Some sportsbook promos have less difficult wagering requirements, which do not require you to wager both the deposit and bonus amount, but just the bonus one. Overall, we highly advise you to just keep an eye on the terms page of the exact legal sports betting offer.
Not surprisingly, some sports betting sites are more generous in terms of betting bonuses. So, here is a quick list which will help you choose the best sports betting site for you, in order to collect generous online sportsbook betting bonuses.
What's more exciting than watching and betting on sports? Collecting betting bonuses, of course. Sports betting promotions have become a must for any online sportsbook, as players want to have the option to collect bonus cash or free bets alongside their betting journey.
By introducing sports-specific sportsbook bonuses, you have the option to not only enjoy the sports you are passionate about, but get special offers for them. So, if you are a fan of a certain sport, football, for example, you will be able to benefit from the specific offers made for football leagues, tournaments, or even markets. Like, you can get a special risk-free bet offer if the game ends in a draw on certain sports betting sites.
Ethan "BetMaster" Moore, born amidst the pulsating energy of London, combines a sharp analytical mind with the excitement of sports. As the chief writer for BettingRanker, he offers a unique blend of stats, strategies, and stories, making the world of sports betting both accessible and thrilling.
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