A beginner’s guide to betting bonuses

 January 12, 2022

By  BC Editorial Team

If you’re new to the world of betting, you may feel a bit intimidated by the selection of options available to you. First, there’s a range of different betting companies, from sportsbooks to online casinos.

From there, each company has its own unique offering. Some sites offer hundreds of slot games — too many to choose from — and others are specialists in sports betting and virtual sports.

One of the best things about having a market with lots of different betting companies is that it’s competitive. Each company is looking to attract new users and, as such, they offer plenty of enticing offers and bonuses that you can take advantage of.

In this guide, we’ll give you a rundown on betting bonuses to help give you the edge.

Keep an eye out for regular deals and promotions

Each week, and particularly when there are big sporting fixtures and events taking place, betting companies release special offers and promotions.

This could involve offers such as an odds boost, money-back accumulator bets or enhanced odds on specific outcomes. Some companies may even go as far as to give you free spins on slot games.

If you’re an existing user with a betting company or casino, it’s worth bookmarking their offers page or signing up for their emails and alerts so you don’t miss out.

Taking advantage of the latest sports betting promos, for example, can help you turn your winnings into something a little more significant.

Take advantage of welcome bonuses

Most if not all online betting companies and online casinos offer a welcome bonus. Some can be incredibly generous.

One leading betting company offers one of the biggest welcome bonuses at 125% on your first deposit up to a massive $3,125. They also offer attractive sign-up bonuses for their casino too.

Another leading betting company in the US offers another great welcome bonus for new users. They’ll offer you a risk-free bet of up to $1,000 with your first wager.

Similarly, other betting firms offer a risk-free bet of up to $250 when you place your first wager.

Taking advantage of these risk-free bets can make a massive difference to your income and can help you get off to a great start when you first join a service.

It’s important to note that companies can and do change their welcome bonus offers so it’s always good to take advantage while you can. Also, check for expiry dates as some firms may include these in their terms and conditions.

Bet smart and minimize risk

Keeping up to date with the latest betting bonuses is a simple way to act and bet intelligently. Not only this, it minimizes your risk of losing and can enhance the payout you may achieve if you win.

It’s possible to use offers and bonuses tactically too. One popular method is known as matched betting. This involves placing two bets on different outcomes of the same fixture. For example, placing a bet on the home team to win as well as the away team in an NBA game. This usually activates a welcome bonus or offer, meaning you win regardless of the outcome.

If you’re new to the world of betting, this may seem like a dubious approach. However, it’s a perfectly legitimate way of winning money and can help fatten your wallet.

The trick is to develop a strategy of sorts. Spending a bit of time each week researching the latest offers can go a long way. Once you’re aware of the terms and conditions of each, you can place your bets and walk away with what is essentially free money.

In a previous article, we examined betting strategies in some detail. It may be worth reading our guide for more help and guidance, but in short, you can consider:

  • Not betting when you’re in a bad mood – you’re more likely to make mistakes, lose and make your mood worse
  • Don’t invest too much money in one fixture or event
  • Research your bets to give you a better understanding
  • Understand the odds – sometimes they can appear favorable, until you do the math and realize it might not be worth the risk.

In summary

From game shows to online betting, people love to play games. Here we’ve given you just a few beginner tips when it comes to betting bonuses. Remember to bet responsibly and within your means.

BC Editorial Team


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