Nowadays, a lot of people spend their free time betting on sports online because it’s a great way to relax and earn some extra cash. However, one tasking activity gamers have to undergo before engaging in online sports betting is selecting which site to gamble with.
This is a crucial part, and to do it, many factors come into play. One of the most difficult factors being the bonus and promotions offered by the numerous sports betting platforms. While the betting bonus for new customers is not the only criterion for bettors looking for their favourite bookie, it is pretty crucial. However, many bonus offers look better at first sight than they actually are – and sometimes, it’s the other way around.
As part of our Betting Sites Review, we at bettingtipsafrica.com have fought our way through the jungle of useful bonuses and promotions to bring YOU vital information. Before we go deeper into the intricacies of sports betting bonuses and promotions, let us look at the meaning of the term to understand better what to expect when we come across it.
Bonuses and promotions are simply incentives Sportsbooks use to either attract new customers to patronise their brand or convince existing ones to remain with them. Bonuses and promotional offers come in numerous forms. It could be a welcome bonus, match deposit bonus, free spin bonus, free play bonus, cashback bonus, buy-in bonus, and many more.
The Sportsbook’s rules determine the different bonuses and promotions on show. So, YOU should carefully consider your needs and preferences before signing up at a bookmaker and selecting any bonus. It is also important to note that some of the bonuses and special offers are designed for new players, while others are reserved for long-term regulars.
As the name implies, welcome bonuses are incentives to welcome new customers to betting sites after sign-up. This category of bonuses is typically the first you’ll discover in most Sportsbooks. Like other types of bonuses, welcome bonus cash must be wagered by gamers before being withdrawn. There are different types of welcome bonuses available at various Sportsbooks, and some are discussed below;
This is a category of welcome bonuses where a betting platform will give you a bonus after YOU make a deposit. These bonuses will match all or a certain percentage of your deposit (say, 50%, 60%, or more). It is common practice for these bonuses to require a wager before a withdrawal is made. New players planning on just playing the free versions of the games at the Sportsbooks are enticed to make a real-money commitment by “deposit bonuses.”
No-deposit bonuses differ from deposit bonuses in that the player is not required to make an initial financial commitment (i.e., a deposit) before receiving the bonus. There won’t be any extra costs or down payment needed. There could, however, be additional requirements.
Sportsbooks like 1xBet regularly offer free bet offers and enhanced odds promotions on different events to encourage players to deposit. More details about 1xBet’s welcome bonuses will be discussed in the latter part of this article. However, make sure you read the terms and conditions, as the redemption period is usually only a few days.
As the name implies, a loyalty bonus is used as part of Bookie’s ongoing loyalty program to reward customers who have been regulars at the establishment. These bonuses are given to gamblers when they reach a specific point total while playing any game of their choice. As a loyal customer, you may be invited to join an exclusive VIP club at your preferred online Sportsbook if the option is available. The loyalty perks are usually far more valuable than the typical bonuses.
As per the rules of gambling, players run the risk of either winning or losing money. In the event of a loss, a player may be eligible for a cash bonus to help mitigate financial hardship. Bookies usually make these payouts once per day, once per week, or once per month. However, they usually only cover 20% to 30% of the total loss.
Supabets offers a cashback bonus where the Bookie will credit your account with 10% of your weekly sports wagering losses at the Sportsbook on Tuesdays. Supabets is a great sportsbook that has a great deal to offer everyone. Even if you lose, there’s still a possibility to recoup 10% of what you put in.
These are rewards for bringing in new customers to the betting site. What this means is that whenever a new player registers and makes a deposit through your referral link, you will receive a bonus from the Bookie. Customers can be attracted, existing ones kept, and word of mouth promoted with the help of referral benefits. It is usually given to the existing customers at Bookies, but sometimes they are given to both the referrer and the referred.
Sportpesa is one Sportsbook where referral bonuses are available. Once you’ve signed up with Sportpesa, you’ll have the exclusive chance to invite your friends to the site and receive a bonus based on the amount of your friend’s wager.
Reload bonuses in a Sportsbook function similarly to welcome bonuses. On rare occasions, they may pay out 100% of your investment, but more typically, you can expect to receive 30% or 40% on a specified day of the week. This incentive is meant to keep regulars at the site rather than entice new players to sign up. Bookies are very strict about who is qualified for reload bonuses. The wagering requirements for these bonuses are often less stringent because they only apply to a smaller percentage of the deposit.
22bet offers this promotion in Nigeria. The Bookie will give out a nice 100% reload bonus on Fridays; all you need to do is make a deposit on Friday. Their reload bonus gives customers a bonus worth as much as N40,000 to use during the weekend.
Reward multipliers are offered by many Sportsbooks as a way to attract users and promote new games. In most cases, these multiplicative benefits only boost a player’s earnings for a brief period before they expire. For example, suppose you wager on an event when the reward multiplier is active. Whatever money you win will be multiplied by the set reward multiplier number, which the Bookie decides.
William Hill has this great promotion for sports bettors. If you have an account on the site, you may immediately use this bonus to increase your winning odds and potential payouts.
Every bonus claimed from any Sportsbook is usually awarded only after the player has met some sort of requirement. Whether it’s a free wager or a bonus on your first deposit, it’s essential to read the terms and conditions so you don’t end up with a deal that isn’t as good as it sounds or one that will do more harm than good. We at Betting Tips Africa have done the legwork to identify the most typical requirement that Bookies come up with. Check them out below:
The wagering requirement is one of the regular conditions attached to every incentive a Bookie offers. This “wagering requirement” typically refers to a minimum amount of money that must be staked by a player (or “cleared”) to withdraw any bonus funds. In other words, wagering requirements are the multiplier by which the gamer must play a Sportsbook bonus before any profits can be withdrawn.
Let’s assume you’ve been offered a €100 bonus with a 10x wagering requirement. To meet the bonus criteria, you must risk a total of €1000 (10 x €100), regardless of whether you win or lose, before you can cash out your bonus funds. While most bonuses at Online Sportsbooks have relatively simple wagering requirements, there are a few nuances to keep in mind. Find out whether there are restrictions first. Second, you must check if you have to wager the bonus amount or the combined bonus and your deposit.
Weightings and restrictions on some games have been standard practice for online Bookies in recent years. Not all Bookies will make these details as clear as others, such as wagering requirements, so reading the small print is essential. If a Bookie implements them, you should be aware because they may affect how you get to spend your bonus funds.
In the event that the bonus you claimed includes game weightings, only bets placed on eligible games will count against the bonus’s playthrough requirements. While you are free to play the games that are allowed, you may lose your bonus if you play the games that are restricted. For example, if your claimed bonus has game restrictions to only American football, you must bet on American football to fulfill the bonus requirements. Staking on other games may lead to your forfeiture of the bonus.
Most of the time, this simply means that the sum of all your bets cannot go above the maximum allowed. In the majority of Sportsbooks with stake size wagering requirements, this is expressed as a percentage of the entire bonus. The maximum permissible bet for some bonuses is set at 25% of the bonus sum. Therefore, if you have a €1000 bonus, you can only make €250 or lesser bets.
Typically, a minimum deposit is required in conjunction with a deposit bonus. The bonus odds must be at least 1/2 and no lower than evens at all times.
In some Sportsbooks, your bonus money winnings are limited to a set amount. These bonuses will only count toward the wagering requirement up to a particular stake. While it may seem insignificant at first sight, such requirements become more relevant when participating in games with high projected value payouts.
There is usually a time limit on meeting the wagering requirements. Even while you’ll likely be given a grace period to finish the requirements, it’s still a good idea to give some thought to the particulars of the deadline if you don’t play very often or only have a few minutes here and there. For example, if you are given a €100 bonus with 72 hours as a time limit to complete the wagering requirement (5x), you must complete the task in three days or risk forfeiting the bonus.
If a Sportsbook determines that a player is only minimally risking their funds, they may disqualify certain bets from counting towards the player’s wagering requirements.
Newcomers to a Sportsbook can get a head start with the help of bonus offers, giving them more time to learn the game’s intricacies and acquire a sense of the atmosphere. By enticing first-time visitors with free play or money, Sportsbooks convince YOU to think of them as the ideal place to wager easily and win. Bonuses and promotions have their own benefits and risks; however, we have listed some of their advantages below:
With so much competition, online Bookies rely heavily on bonuses to win over new players and keep their regulars coming back. If you are a new player hoping to make cash from sports betting, you will need to start on the front foot. Sportsbook bonuses and promotions give you a financial boost to your bankroll so that you can have an advantageous start to your time at the site.
Sportsbooks offer hundreds of different games and betting options, and more are being added all the time. Trying your luck at every game and betting option offered while staking your actual cash can be intimidating. Promotions and bonuses help tremendously in this case. With the help of bonuses, you can be inspired to try new games, options and go down uncharted paths.
Also, playing the same types of games and betting options over and over might get boring, and bonuses help you switch to an entirely new territory.
Customer loyalty can be rewarded in several ways at betting sites. You may be able to earn bonuses that will pile up over time, thus increasing your winning regularity and profits.
Betting on games follows its own set of regulations. There is, however, a fundamental rule from which they all branch: “You either win or you lose.” A bonus can reduce the risk of losing money because it allows you to recoup some of your losses and put them toward future wagers. It’s also possible that the bonus bet is the one that brings back all the money you lost and more.
Starting a gaming journey in a new environment can be daunting, especially for a newbie. Gambling with real money may not require much physical exertion, but it does need a formidable mental capacity to deal with the emotions of it. As a new player or even veteran in some capacity, your winning or losing of money may hinge on your nerves; how calm are you when staking? How relaxed are you when selecting your games? Having a bonus that qualifies as free money can help you calm down the nerves, as you know that even if you lose your cash, you still have some left to carry on gaming.
To further understand the concept of Sportsbook bonuses and promotions, let us take a look at one of the biggest Sportsbooks in the world, 1xBet. The gigantic Sportsbook was founded in 2007 while headquartered in Limassol, Cyprus. 1xBet operates in many countries, but we will take Ghana, Nigeria, and Kenya as examples.
1xBet Ghana welcome offer for new players who make their first deposit is a 100% match bonus up to GHS 550. First-time depositors at the Bookie will receive a whopping 200% bonus on their money. Simply put, this implies that if a new player deposits GHS 100 into their 1xBet Ghana account, they will earn a 200% match bonus of up to GHS 200, bringing their total stake to GHS 300.
When a new player registers and makes a deposit at 1xBet Kenya, they are entitled to a welcome bonus of up to 10,000 shillings. Your initial deposit to 1xBet will be eligible for a 200% bonus up to a maximum of 200 shillings.
When you sign up at 1xBet Nigeria and make your first deposit, you’ll be eligible for a welcome bonus ranging from 200% to 300%, depending on how much money you put down at the outset. You may get a welcome bonus worth up to N145,600 from 1xBet Nigeria.
Each bonus from 1xBet comes with its own set of wagering conditions. The overall bonus is split into two halves; the first can be used on sports betting, and the second on 1xGames. It is important to note that within 30 days of registering, you must fulfill all bonus criteria and settle all bets.
To withdraw any winnings from the sports bonus, you must place accumulator bets on at least three separate events totaling more than five times the bonus amount. Each of the accumulator’s three selections must have odds of at least 1.40 (2/5) to win.
To withdraw your 1xGames bonus, you must wager 30 times the bonus amount within 1xGames like solitaire, pharaoh kingdom, western slots, lucky slot, hot dice, truth or lie, master panda, jackpot game, and many more.
You can visit the 1xBet bonus requirements page to learn more.
As long as you are over the legal age and physically located in countries or regions where online gambling is backed by law, you are eligible for any Sportsbook bonuses and promotions. In most cases, the legal age for gambling is 18 years, and underage gambling is prohibited.
These are alphanumeric codes that can be used at sportsbooks to gain access to special offers and promotions. The Sportsbook decides the value of a promo code. The promo code is used to encourage users to make transactions on online Bookmakers.
Free wagers, bonus money, enhanced odds, and other benefits can be obtained by entering a promotional code for use at an online bookmaker. Some sportsbooks in Africa might not offer promo codes to entice new customers. However, it doesn’t mean there aren’t further gains to reap from gaming with them
