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Because there are some sportsbooks with absolutely ridiculous terms. Some are so bad that we encourage our readers not to accept them.
One other thing — make sure to read our reviews and comb through the sportsbooks terms and conditions. Sometimes we miss things.
Because with a little bit of research and a little bit of luck, the right offer can absorb the money you spend betting sports at the very least, and in rare cases put some extra dough in your pockets.
Here are three reasons why sportsbooks offer these deals: 1 They want to attract new customers. The following is a list of the most common types of promotions, and details about how they work.
Free Bets. Top Tip. They are for existing customers instead of new customers. Trying their mobile betting platform.
Often a free bet. Betting on a specific sport. Betting on a specific event such as the Australian Open or Super Bowl. Make a specific type of bet, such as an accumulator or parlay bet.
A specific outcome, such as a team scoring in the final minute of a match, or if both teams tie. For instance, a matched deposit bonus which is the most popular bonus type.
Also, many bookmakers have Reload Bonuses and phased matched deposits. That said, if you have more actual money to bet with, you can still net positive returns when depositing.
Free bets are another common bonus to look out for when wagering online on sports fixtures. Matched free bets are similar to matched deposit bonuses.
Hence, a bookmaker will offer you a percentage return on the amount you bet, giving you more money to play with. These can be locked to a single fixture, although certain matched free bet offers will allow you to scatter free credit between smaller bets.
One of the most common types of free better offers is stake-not-returned bets. While you might feel a little short-changed by this, these free bet offers are some of the less restrictive promotions out there.
Chances are, you will not have to meet wagering restrictions and other conditions before cashing out your profit.
Stake-returned free bets are less common but more lucrative. You will also want to keep your eyes peeled for terms and conditions as they are likely to be a lot more intensive then stake-not-returned bets.
You might also find available free bets instead of a conventional matched deposit when you join an online bookmaker for the first time.
Rather than having a certain amount of credit to play with how you like, you will have to spend the matched amount on betting.
The positive thing here is that you do not need to wait until later deposits to start using your bonus. Players from France are not accepted.
Free Bets expire after 7 days. E-Wallet restrictions apply. Free bets valid for 7 days on sports, stake not returned, restrictions apply.
Free bet will match the first qualifying cash bet struck on the account. Free bet stake not returned on subsequent bets. Free bet is valid for 4 days.
Cash stakes only. Qualifying bet must be placed within 30 days of opening account. Free bet expires after 7 days. Payment method restrictions apply.
Free bets non withdrawable. Free bet stake not included in returns. Sometimes there is a need for a bonus code to access betting bonuses, while other times there is not.
Most of these bonuses will become active upon registration. Many bookmakers have betting bonuses in place for current customers, to encourage them to place more or bigger bets.
Also, they are a good way to retain and keep customers loyal. They can range for special event bonuses, ACCA bonuses, loyalty bonuses to reload bonuses.
Most bookmakers offer one or more of these bonuses on a regular basis. Special event bonuses are those offered for a specific event such as finals of a league, World Cup finals or selected sporting activity.
Although, special event bonuses may take different forms. For example, players may get a free bet or a given amount after placing their bet or enhanced odds for the given event.
Most special event bonuses are only valid for pre-match or in-play bets but not both types of bets. Also, they may only be for particular markets such as the outrights or over and under markets.
Such bonuses are great ways to earn more from betting without having to put in lots of cash or bet on several games. ACCA bonuses are common with football bets where players can get some money back if one selection in the accumulator fails.
The bonus may be in the form of free bet or cash. Qualifying bet must be placed and settled within 30 days of account opening.
Paypal and certain deposit types and bet types excluded. Free bets valid for 4 days on sports, stake not returned, restrictions apply. Open Account Offer.
Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake.
Bonuses expire in 7 days. Card payments only. Geo Restrictions. Additional terms for existing BetVictor customers apply.
Only deposits made using Cards or Paypal will qualify. PayPal and Card Payments only. Please Gamble Responsibly. Paypal not accepted. New depositing players on STSbet.
Qualifying bet: min. Deposit method restrictions. Bonus valid for 7 days. Qualifying bet cannot be placed in-play or cashed out early.
Free bet will be credited upon settlement of the qualifying bet. Offer must be claimed within 28 days of opening. Free bet stake not included in any winnings.
System bets no eligible. New members. Bet Responsibly. New Players Only. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds.
Free bet is valid for 7 Days from issue. Excluded Skrill deposits. New Customers only. If first settled bet loses, free bet credited within 24 hours of bet settlement, use within 7 days, Stake not returned.
Free bets must be used on combination bets with 2 selections at the minimum odds of 1. Skrill and Neteller deposits excluded. Full terms apply.
Mobile Only. Valid for 30 days. New players only. Money back as bonus. Wagering requirements: Sportsbook 3x at min. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited.
Bonus will expire after 7 days of opt-in. Exclusive to new members. Keep it fun — set your deposit limit.
Free bets valid for 7 days, stake not returned. When you create a new account with an online bookmaker, you can usually take advantage of a betting offer in the shape of a sign up bonus.
This is our speciality here at Bookiesbonuses. Offers like these can, however, be designed in various ways, and we cover the below types of betting offers on this page:.
There are a lot of different bookmakers that offer you all kinds of free bets or sign up bonuses. Of course there is no one size fits all when it comes to betting offers, but we are sure that you will find something that suits your fancy in our lists.
These funds must be used on the sportsbook platform, and as you will see below, there is usually relating terms and conditions of usage.
Betting bonus Nigeria offers give players better value for money. In addition, they allow you to experiment, have more fun, and potentially turn your bets into profit.
In the sportsbook industry, there is a plethora of different offers — usually, a website will offer a welcome bonus, plus a range of other promotions on a weekly basis.
The following are the most common sports betting bonus available for Nigerian customers:. Practically every sportsbook offers a welcome bonus.
This offer is available for new customers only — it is a way of encouraging new customers and to give them a good impression of the platform.
Bet with 22bet and have their welcome bonus up to NGN 50 today! To claim a welcome offer, you usually have to register a valid account, make a deposit with real cash, and sometimes apply a promotional code.
Welcome bonuses often include a matched deposit bonus which we have described below. As mentioned above, the matched deposit offer is usually included within a welcome package.
In this type of promotion, customers gain a percentage of bonus funds based on how much they deposit up to a set limit. Free bets are another common promotional offer for Nigerian sportsbooks.
Instead of giving cash, platforms give set value free bets. Usually free bets are smaller in value and have fixed maximum odds. To give a boost to customers who are down on their luck, many sportsbooks offer a reload bonus.
Some Nigerian platforms keep it simple and provide a set cash bonus for customers. This cash bonus is not related you deposit amount, but instead is a set value.
Also, this type of offer always has a minimum deposit amount to claim the free cash. To provide ultimate value to customers, some websites give customers bonus funds or bets for free.
Usually, these offers either provide a small cash dividend, or a small value free bet. Bet your way to win! At Betway you can bet at Bundesliga on the first 4 goal scorer to win.
This type of offer does not provide any monetary value. Instead, it provides enhanced rewards if you win when placing bets. Enhanced odds offer typically boost your bets by a set percentage which means your winnings will be greater.
Wagering and rollover requirements are two terms that you will frequently hear in reference to sportsbook offers. The two terms effectively mean the same thing — they are used interchangeably.
Wagering requirements are specific terms you must complete in order to withdraw any bonus funds. The wagering requirements are usually specified as a multiplier.
This multiplier relates to the total value you must wager before making a bonus fund withdrawal. For example, the wagering requirement may be 5x.
Rollover requirements are the most important terms to understand in relation to a promotional offer. Most offers at sportsbooks have minimum odds in relation to the bonus funds.
This means that you can only place bets that have at least these minimum odds values. Sportsbooks do this to limit how much you can potentially win from their offers.
Typically, the average minimum odds for Nigerian sportsbook offers is 1. Some platforms do offer better odds values, however. Always check the minimum odds requirements before trying to spend your bonus funds or place a bet.
In most instances, there will be some physical barrier to prevent you placing bets with greater odds than the minimum requirement — it is always best to know the figures beforehand, however.
You should now have a clearer idea of the different types of betting bonus and the associated terms. But what does this look like in practice?
We have provided two examples of real promotions below:. This is a simple offer from NetBet — it is a matched deposit bonus.Best Betting Offers sport - Racing Best Odds Guaranteed Betway - Free Bet Club Betfred - Extra place races Betfair - Free Bet streak Ladbrokes - Boosts and Acca Insurance Bet - Early payout Parimatch - Bet Boosts Paddy Power - Rewards Club.