Bonuses on Sportsbetting

What are odds betting bonuses?

Odds betting bonuses are all the benefits that online bookmakers offer you when betting on sports. These bonuses usually give you some form of financial reward for otherwise ordinary actions. In the long run, this will lead to much better results.

From a casino’s perspective, odds betting bonuses are a great way to attract customers and get them to take action – for example, to register, deposit money, etc. This is therefore a method of promotion that pays off for bookmakers, despite the higher initial costs.

What bonuses for odds betting are there?

Because there is a lot of competition in the bookmaker market and because bookmakers do not give up and are increasingly inventive in the fight for customers, the bonus offer is incredibly extensive.

In addition to the usual deposit bonuses, which have been available in online bookmakers since the very beginning of their business, there are dozens of other bonuses and benefits available. A person who is not very interested in sports betting would slowly get lost in it.

To save you hours and hours of time needed to explore all the bonus offers of licensed bookmakers, we have put together a large overview of odds betting bonuses. Just choose which criterion is most important to you. Then you have the right bonus at hand immediately.

Bonuses for bookmakers – basic classification

• Registration bonus (no deposit bonus)
• Sign-up bonus (first deposit bonus)
• Reload bonus (next deposit bonus)
• Seasonal bonus
• Loyalty program
• Cash competitions / valuable prizes

Registration bonuses for odds betting

Registration bonuses are among the most popular bonuses in the world, not only in online bookmakers, but also in online casinos. Registration bonuses, which are often also referred to as no-deposit bonuses, are tied to registering with a bookmaker. So you don’t have to deposit any money to get them. You probably understand why people like them so much – registration bonuses allow you to bet without the risk of losing money, but with the possibility of real winnings.

Registration bonuses can be awarded either immediately after filling out the registration form, or after the so-called “registration completion”, which involves verifying your identity, connecting a payment method and setting gaming limits. In some cases, registration bonuses are released in parts, along with how you go through the registration process – for example, the bookmaker will give you £100 s for filling out the registration form, £200  for verifying your identity and £200  for connecting a payment method.

The exact procedure for releasing the bonus, along with other terms and conditions of this bonus, is stated in the Game Plan. You can usually find this at the footer of each bet slip or in the FAQ section.

The most famous registration bonuses include:

• Free money
• Free bet
• Free casino spins

Free money

Free money, known abroad as a “no-deposit bonus” or “free money”, is the absolute best bonus item in every online bookmaker or online casino in the world. Free money is exactly what the name suggests.

You can use free money to bet like real money, but without the risk of losing your own money. Free money provided by UK bookmakers is usually not subject to any conditions, such as the number of required spins (see below) or a time limit. What you win with free money is yours. This means that you can transfer any winnings to your bank account or deposit them into the next match at your discretion. That’s up to you.

The only condition for free money in legal bookmakers is that you have to deposit it at least once into the game. In the vast majority of cases, free money is credited to the gaming account as bonus money (for example, BetMGM, Paddy Power or Pots Of Luck at the Chance betting house). To win real money, you need to submit a ticket. You can already collect any winnings in real money.

In very exceptional cases, free money is credited to the gaming account in the form of loyalty points. This is the better option, because loyalty points usually give you the opportunity to convert them into regular money without the need for further wagering (betting in the game). Such money is then yours immediately.

Free Bets

Free bets are also among the most popular betting bonuses. With a free bet, you get the opportunity to bet without the risk of losing your own money. However, a free bet is credited in several different ways:

• Free bet voucher
• Risk-free bet
• Free bet voucher

You can think of a free bet voucher as a coupon for a 100% discount. In this case, before placing the bet, you choose to redeem the coupon. The selected bet will be given to you at the specified coupon value, without you having to spend your own money on it. If you win the bet, the winnings are yours.

Because you don’t put your own money into the game when using a free bet voucher, it is a very advantageous bonus. The disadvantage of this bonus is that it is often tied to a selected tournament, or even a selected match or even a betting opportunity (for example, a tip on the winner of the Sparta vs. Slavia match).

Risk-free bet

In this case, you put your own money into the game, but if your bet doesn’t work out, the bookmaker will pay you back the money you lost, in the form of regular or bonus money. In this case, you only risk waiting a few hours for the bookmaker to pay you back the money you lost.

Sometimes it’s annoying that the money you get back, if it’s in the form of bonus money (which is by far the most common option), you have to put it into the game at least once. That’s the only way you can turn it into real money and possibly transfer it to your account.

Free spins at the casino

Free spins at the casino are not bonuses for odds betting, but they are sometimes awarded when registering or depositing money. This happens exclusively at bookmakers that also operate an online casino. As is clear from the very nature of this bonus, free spins can only be used on slot machines. However, if you win some money on free spins, you can usually transfer it to the bookmaker and use it to pay for a bet slip. Given this, we had to include free spins in this text.

Welcome bonuses

You get a welcome bonus when you make your first deposit. A welcome bonus can take several different forms, but it usually comes in the form of money for betting, which can then be supplemented with some additional bonuses.

A welcome bonus is usually described by two variables – the value of the bonus and its total amount. For example, a welcome bonus of 100% up to£100 tells you that you will receive this much (100% of the deposit) on your deposit, and that the maximum bonus will be £ 100. So, to get the maximum bonus, you have to deposit £100 into your account. If you deposit £ 50, you will get a bonus of £50, and if you deposit more than £10, you will only get the maximum bonus amount of £10.

Welcome bonus and its value

Bonus value

In the UK, licensed online casinos usually give you 100% on your first deposit, which means that you will double the deposited money. If you deposit £1000 in such a casino, you will receive another £1000 on top in the form of bonus money. Sometimes, however, casinos give a bonus worth only 50%, or vice versa, worth 200% – 300%. In these cases, you would receive only half the amount you deposited into the game account for the first deposit, or twice or even three times as much.

Conditions for winning the entrance bonus

Because the entrance bonus is much bigger than the registration bonus (instead of a few hundred, it can easily reach several tens of thousands), casinos monitor it and usually attach some conditions to it, especially after:

• Number of spins
• Minimum odds
• Time limit

Number of spins

The number of spins tells you how many times you have to put the bonus money into the game to make it yours without any restrictions. The bonus money is released after this spin – it becomes real money.

Bookmakers usually release the entrance bonus gradually, in parts (for example, after spinning 5% – 10% of the total bonus).

The number of spins varies depending on the bookmaker, in some it can be 10 times, in others it can be 40 times the deposit. Since the spin condition significantly affects the total value of the bonus, we recommend that you familiarize yourself with the number of spins required to release the bonus before you deposit money into the bookmaker. This will avoid any misunderstandings.

Minimum odds

The minimum odds complement the above-mentioned spin condition. The minimum odds tell us at what minimum odds the tickets, or rather the bets on these tickets, are counted towards the amount of money spun.

If the bonus terms say that only bets placed on tickets with minimum odds of 1.7 and higher are counted towards the number of spins, then this means that a bet on a ticket with odds of 1.60 will not be counted towards the number of spins, not even in part. On the contrary, a bet with odds of 2.00 will be counted in its entirety.

Time limit

The last important information about the welcome bonus for odds betting is the time limit. This limit tells us in what time frame all the bonus conditions must be met, especially the number of spins.

If you do not meet all the bonus conditions within the allotted time limit, you may lose the bonus. However, it often happens that casinos count the conditions continuously and release the bonus in parts. In this case, you will only lose the part of the bonus that has not yet been paid out to you.

Welcome bonus – additional rewards

Some bookmakers are not satisfied with just paying out the classic welcome bonus (in the form of bonus money) when you make your first deposit, but they also give you some other benefits. In the UK, the following additional rewards are most often seen:

• Free bet
• Free spins
• Loyalty points

An additional reward to the welcome bonus, like the cash part of the bonus, can be awarded automatically. In some cases, however, its payment is linked to some event. Most often, additional rewards to the welcome bonus are awarded for entering a promo code.

If additional rewards are linked to the use of a promo code, you must enter this code in its exact wording when depositing money into the designated field. If you do not enter the code correctly, you will lose the bonus. And be careful! It may happen that the bonus code will have a different wording depending on the amount of your deposit and, consequently, the value of the potential reward.

That is, if you deposit, for example, £10, you will be entitled to 10 additional free spins, which you activate with the code “FS10”. However, if you deposit, you will be entitled to 50 additional free spins, which you activate with the code “FS50”, etc.

The free bet, free spins or loyalty points awarded as an additional reward with the entry bonus work practically the same as the same type of bonuses awarded on other occasions (for example, registration, etc.).

If additional rewards are linked to the use of a promo code, you must enter this code in its exact wording when depositing money into the designated field. If you do not enter the code correctly, you will lose the bonus. And be careful! It may happen that the bonus code will have a different wording depending on the amount of your deposit and, consequently, the value of the potential reward.

That is, if you deposit, for example, £10 , you will be entitled to 10 additional free spins, which you activate with the code “FS10”. However, if you deposit £50, you will be entitled to 50 additional free spins, which you activate with the code “FS50”, etc.

The free bet, free spins or loyalty points awarded as an additional reward with the entry bonus work practically the same as the same type of bonuses awarded on other occasions (for example, registration, etc.).

Reload bonuses

A reload bonus is a bonus for the second or any subsequent deposit. This bonus is awarded as part of seasonal events and, as we have already written, is tied to deposits. You activate most reload bonuses with bonus codes entered in the appropriate field during the deposit itself. Some reload bonuses need to be activated manually after logging into your betting account in the Bonuses section.

In all other respects, reload bonuses behave practically the same as deposit bonuses. This means that they can have the same form and the same conditions for winning can be attached to them. So if you are not sure about reload bonuses, read the “Deposit bonuses” section.

Seasonal bonuses for odds bets

Seasonal bonuses for odds bets can and in some cases will also overlap with reload bonuses. Seasonal bonuses can be provided in the form of a deposit bonus, as well as free bets, free spins, etc.

Seasonal bonuses are bonuses that bookmakers give out on various regular occasions. These can include:

• Christmas bonuses
• Easter bonuses
• Football World Cup bonuses
• Hockey World Cup bonuses
• EURO bonuses
• … etc…

Seasonal bonuses are usually offered to existing customers, but in some cases they may only be an offer for new bettors. In such cases, the seasonal bonus coincides with the registration or entry bonus. You can find the exact wording of the bonus conditions in the Game Plan. We recommend that you take a look at it.

Loyalty program

The loyalty program is one of the bonuses for odds betting intended for existing customers of bookmakers. You are usually automatically enrolled in the loyalty program. All you have to do is complete the registration and start submitting tickets. These bonuses usually include the popular Cashback bonus.

As part of the loyalty program, you earn loyalty points. These points can be called simply “loyalty points”, but they can also have their own special name, such as “Zee Poinys” in Playzee casino or “Yoo Spins” in SpinYoo Casino. In addition, you can also earn money on a special (points account).

Loyalty points are usually accumulated as a percentage of the amount of money bet. Depending on the bookmaker, you can use the loyalty points (or bonus money) to bet additional tickets or to purchase rewards. Some bookmakers allow you to convert your loyalty points into cash.

If you bet regularly, a loyalty program can be very beneficial. The general rule with a loyalty program is that the more you bet, the more rewards you will receive, or the higher the value.

Best reload bonuses for odds bets

Reload bonuses are the first type of bonus in which UK bookmakers differ. Reload bonuses for betting are offered by only a fraction of UK bookmakers (unlike online casinos).

The most common providers of reload bonuses, i.e. bonuses for any of the next deposits of money (except the first), include the casino and bookmaker Pots Of Luck. This bookmaker offers a really large number of reload bonuses, both individually and as part of seasonal promotions.  Regular providers of reload bonuses, such as Pots Of Luck,  are also famous for offering reload bonuses without the need to meet additional conditions, i.e. these bonuses work like “money in hand” – you can withdraw them immediately.

Occasional reload bonuses are also offered by online sites, but no other bookmaker has these bonuses available with a more interesting frequency.

The best seasonal bonuses in bookmakers

The best seasonal bonuses are in traditional UK bookmakers such as Paddy Power  and BetMGM . These bookmakers regularly offer free bets and other seasonal benefits, thanks to which you can increase your betting bankroll by hundreds of pounds per year.

The best loyalty programs with UK bookmakers

The loyalty program in the United Kingdom in its most basic form is offered by several bookmakers . In all of these bookmakers, the loyalty program is very high quality,  you can also pay for submitted tickets with loyalty points, although there are fewer restrictions in BetUK.

Either way, bookmakers with loyalty programs are definitely worth it, especially for bettors who are used to betting on sports in larger volumes.

Bookmakers with free bonuses

A free bonus is a bonus that you don’t have to spend any money to get. This bonus can be free money, free bets or free spins, which are awarded only for registration.

Below you will find all the bookmakers with free bonuses. To get these bonuses, you just need to complete the registration, which involves filling out the registration form, confirming your email address and possibly your phone number, verifying your identity, connecting a payment method and setting limits. It may sound too difficult, but believe me, all this will take no more than 7 minutes of your time.