How to Identify a Good Bonus?
The online sports betting market is saturated with bonuses, as bookmakers compete to try and get you to play at their site.
With so many different offers to choose from, how can you pick out a good bonus from a promotion that looks a lot better than it is?
We’ll help you work out what a good bonus is, and how to identify one among the sea of mediocre promotions out there.
What Is a Good Sports Betting Bonus?
A good sports betting bonus is one that provides value to your bankroll. There’s not a whole lot of value in bet credits that can only be used on greyhound racing if you don’t know the first thing about it!
While these kinds of bonuses allow you to try something new for free, they won’t provide a lot of long-term value to your bankroll. When looking for bonuses, you want to find ones that apply to the sports you bet on.
Another thing that makes a good betting bonus is low wagering requirements. The lower the wagering requirements are, the more likely it is that you will be able to withdraw your bonus money.
A lot of promotions have a wagering requirement of 1x, meaning that if you win your bet, you get to keep the profits.
However, some will have wagering requirements as high as 50x, which makes it likely that you will lose your bonus money before it becomes available for withdrawal.
Examples of Good Bonuses
While a good bonus for one person may not be a good bonus for another person, there are some features to look out for that are ubiquitous among good promotions.
Let’s take a look at what those are.
Tips for Finding a Good Bonus
Being able to find a good bonus is a skill. There are so many to choose from, that it can be hard to find the ones that are worth it.
Follow our helpful tips if you want to get better at finding the best sports betting bonus.
| Always Check the Terms and Conditions | Speak to Customer Support | Compare Sites |
|---|---|---|
| Make sure to read the terms and conditions of a bonus before you sign up to a site to claim it. Here’s where you’ll find the wagering requirements, offer scope, and other restrictions that may apply. The more restrictions there are on an offer, the worse it is. | The customer support team is often able to give out bonuses to their players, so it’s worth messaging them to see what kinds of offers they can give you. You can even specify the type of offer that suits you best, and while you may not always get something, it’s worth asking. | While some casinos will have multiple bonuses on their site, you always find the best betting bonuses by shopping around. Sites constantly compete to try and get people to choose them over their competitors, so it’s worth comparing before you choose one. |
Pros and Cons of Bonuses
While being able to identify a good bonus can really help your bankroll, waiting around to find a bonus that’s right for you does have some drawbacks. Let’s take a look at the pros and cons of bonus picking.
Pros
♣Finding a bonus for a game/event you’re familiar with makes them easier to win.
♣You can often find much larger bonus amounts by looking for a good bonus.
♣You can avoid falling for bonuses with high wagering requirements.
Cons
♦You won’t always find a bonus that perfectly fits what you’re looking for.
♦Comparing all the offers takes considerable time due to the number of different sports betting sites.
Why You Should Look for Good Bonuses
Looking for good bonuses is an important skill for sharp bettors. It’s always better to bet the sportsbook’s money than your own, so finding a large bonus that can be used in your area of expertise is a great way to grow your bankroll.
Be sure to always read the terms and conditions for any restrictions or wagering requirements before you claim your bonus.
Identifying Bonuses – FAQs
