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—a prominent one; being the bonus and promotions offered by the numerous sports betting providers available. 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 online sports betting bonuses and promotions to bring vital information to the fingertips of our new and existing African sports betting lovers.
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.
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What Are Sports Betting Bonus And Promotions?
Sports betting and promotions are simply incentives Sportsbooks use to either attract new customers to patronize their brand or convince existing ones to remain with them. Bonuses and promotional offers could come in form of 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. Players should carefully consider their needs and preferences before signing up for a sports betting site, as the sites and the bonuses they offer vary greatly. It is also important to note that some of the casino’s bonuses and special offers are designed for new players, while others are reserved for long-term regulars.
Before we take a closer look at the different types of sports betting bonuses and promotions, here is an array of bookies in your country that have them available. It is recommended that you check the availability of the different promotions directly from the official websites of the mentioned bookmakers.
Types Of Sports Betting Bonuses And Promotions
Welcome Bonus
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;
Deposit Bonus
Online Sportsbooks typically give you a bonus when you make a deposit; these are known as “deposit bonuses.” 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 Bonus
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.
Free Bets
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.
Loyalty Bonus
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 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.
This perk is available at Premier Bet, also known as Ogabet Sportsbook in Nigeria. As a thank you to its customers, they offer weekly free bets. This simply implies that your Free bets for the following week will increase in proportion to the size of your wagers. You can get up to NGN 5,000 in weekly free bets just for becoming a member of the Ogabet loyalty club. The weekly free bets cannot be redeemed for wagers placed prior to membership.
Cashback 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.
Referral Bonuses
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 your friend’s wager. You can share your love of SportPesa.com with your pals by giving them only your unique SportPesa.com username.
Reload Bonuses
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. Regarding reload bonuses, Bookies are very strict about who is qualified. This incentive is meant to keep regulars at the site rather than entice new players to sign up. 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% welcome 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
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.
Bet254 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. Bet254 offers a bonus that multiplies your odds by a set percentage. And the bonus odds you receive from this feature will be multiplied by the number of legs in your wager.
Sports Betting Bonus Conditions
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. Bettingtipsafrica.com has done the legwork to identify the most typical requirement that Bookies come up with;
Wagering Requirements
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.
Game Restrictions And Weightings
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 restrictions, 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.
Stake Size
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.
Minimum Amount
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.
Maximum Amount
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.
Time Limits
There is usually a time limit on meeting the required wagering. Even while you’ll likely be given a grace period to finish the assignment, 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. You should read the stipulations carefully to determine if this need is connected to the bonus offer you’ve been given. 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.
Low Risk
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.
Advantages of Online Sportsbook Bonuses
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 train customers to think of them as the ideal place to wager easily and possibly win.
Because each Bookie has its bonus policies, it is advised that you familiarize yourself with those policies before taking advantage of any bonus offer or promotional offer.
Flexibility
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.
Profits
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.
Reduction Of Potential Loss
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.
Key Example Sportsbook Bonus
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 Welcome Bonus Offer
The 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.
1xBet Bonus Requirements/Terms & Conditions
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.
Should I Use Sportsbooks Bonuses And Promotions?
Doubts and inquiries have been raised about the need for players to use sportsbook incentives and promotions. On the contrary, Betting Tips Africa will outline some benefits of employing them below;
Advantageous Start To Gambling
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.
Calms Down The Nerves
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.
Bankroll Management
The rule of thumb in gambling is that you can lose as much as you bet. However, bonuses can help gamers manage their money and possibly improve their odds of winning large. If you want to boost your chances of winning, take advantage of welcome bonuses, cashback, and any other ones your favourite bookie offers.
Who Is Eligible For Sportsbook Bonuses And Promotions?
In as much 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.
What Is A Sports Betting Promo Code?
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 promotional code, or promo code, encourages consumers to make market transactions on online Bookies. In Africa, sports betting sites almost always offer their consumers some sort of promotional code to help them save money.
Free wagers, bonus money, enhanced odds, and other benefits can be obtained by entering a promotional code for use at an online bookmaker. Players can access special betting packages with the help of promo codes, and online bookmakers track the success of their many promotions. 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.
Other Betting Site Categories
What do I need to know about how a betting bonus works?
A betting bonus is usually a percentage added to your first deposit and is capped at a maximum amount (e.g. 100% up to 100$.)
There are also other offers, such as enhanced odds, cashback, and betting coupons without deposit.
What are the betting bonus codes for?
A betting bonus code is a unique code, usually as part of a sales promotion, which can be used as a coupon on the betting site.
Which bookmaker offers the best bonus?
Usually, betting sites offer a welcome bonus of 100% up to 100$.
However, not only the amount of the bonus is crucial, but also the sales policies and minimum odds.
All you can do here is to compare the bonus conditions of the respective betting sites or to refer to our betting bonus section.
How do I get a betting bonus without making a deposit?
This happens rarely and mainly in the context of big football events like the World Cup.
How do the free bets work?
A free bet is a wager that is placed without real money.
How and where can I find free bets?
To find out, you can refer to our betting bonus section.
Should free bets be available, we list them there.
Which bookmakers allow risk-free wagers?
To find out, you can refer to our betting bonus section.
Should risk-free bets be available, we list them there.
How does betting without a deposit function?
Here, you do not have to deposit money to place a bet.
Usually, this happens using betting coupons.
