Sports betting, for many punters, is more than just a transaction with the bookmakers. It is an interactive relationship, where both sportsbooks and bettors make their inputs and have their outputs! In recognizing this, bookmakers don’t just accept bets, but they also provide incentives to their subscribers to ensure that the relationship is a satisfactory one! As punters, the first thing you want is to have all Your Sports Betting Needs are Met at Allbets.tv, but you also want to be rewarded or given some stimuli so as to initiate and maintain client relationships with bookmakers and so, it is only fair to expect that there will be some particular offers.
Bookmakers today offer a wide variety of bonus types to attract new customers and retain already subscribed customers. So, whether newbies to a bookmaker or existing users, punters can really benefit from what these sportsbooks have to offer.
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Welcome bonus
This is quite the bonus for new customers, who decide to subscribe to a bookmaker and start betting. A welcome bonus acts as an incentive for bringing in new punters and turning them into customers. Signing up for a new account in a sportsbook and making the first deposit, can give you either a percentage of your bankroll as a bonus or a small bonus amount, to begin with, and add it to your bankroll. Such bonuses are in fact very popular bonuses given to newcomers, being mostly attention getters for the large pool of target customers.
No deposit bonus
Bookmakers often give new customers a no deposit bonus, without putting money beforehand (without making deposits) in the account. In short, signing up can also give newcomers some money without any deposit requirements or specifications. In most cases, we are not talking about big money, but a small amount to get one started, which is particularly helpful for punters who want to test their experience with a bookmaker, prior to making investments in their bankroll. Often, though, the no deposit bonus comes with betting requirements, which can be challenging.
Free bets
Free bets are, as their name suggests, amounts of money given to subscribed customers for wagering. So, punters get to place bets without risking their own money, and while they can’t redeem this money for cash, they can withdraw the profits in the case of a win. Some bookmakers do not require customers to make deposits to give them the free bets, while others provide them after the first deposit is made or in some cases after the first bet is placed.
Cashback bonus
This type of bonus is very popular with bettors and many bookmakers now include it in their list of promotions and offers. With cashback, punters get to receive back a specific percentage of their bet if it leads to a loss and so reduce the risks of losing all their money. It is a brilliant tool sportsbooks use to prevent punters from being discouraged or disappointed when losing bets and consequently motivate them to keep on betting.
Reload bonus
Some sportsbooks don’t just stay with the sign-up/welcome bonus but give their subscribers a reload bonus after they have already made some deposits in their account and have placed a number of bets. The reload bonus is usually smaller than the welcome bonus, but it still gives punters the chance to bet without risking their own money. Simply put, a reload bonus ‘reloads’ bettors’ accounts to keep them wagering on games and matches. Note that, a reload bonus has some requirements as well, such as a minimum qualifying deposit or a certain number of deposits.
Loyalty bonus
Bookmakers want to reward loyal customers in order to increase their satisfaction and provide them incentives for retaining the relationship. A loyalty bonus is given to punters who are active, place bets regularly and fulfill certain criteria and requirements, which may vary from the duration of the subscription to minimum bets, etc. Not all bookmakers give such bonuses to their loyal punters – it is mostly the big, reputed, and highly reliable sportsbooks that have included this type of bonus to their list.
These are the basic bonus types that are now offered by bookmakers, although it is certain that you can find several variations of these when wandering around and searching through the different sportsbooks!
