Top Deposit Offers
No deposit offers are fairly rare. Much more common is a deposit offer. In this case, you have to put a bit of money into the casino and they will give you matching cash or vouchers. You then use the matching cash or voucher to place a bet. If you win, you can keep whatever you won off of the bet. Matching cash is a great way to make slightly riskier bets than you would with your own money – because if you are playing with the house’s cash you can make a bet with better odds and maybe win a bundle.
A deposit bonus is an offer from a sportsbook that rewards players with ‘free’ money whenever they make a deposit. Most online bookmakers give a deposit bonus as a welcome gift for new players’ signing up with the sportsbook. Existing players are sometimes offered this bonus to keep them using the bookie services. A deposit bonus is matched based on the deposit amount, but there is a limit of the amount you can redeem.
What is a Deposit Bonus
A deposit bonus can be offered by a casino, and in essence it gives players free money to play with. You may put £10 in and get £10 in free money to bet with for example. This type of offer comes in two types – a welcome bonus and one offered to existing customers. The welcome bonus is usually the better offer. Those offers made to recurring customers tend to be less money but are still free cash for you to bet with. You should always take advantage of your deposit bonus when it’s time to make a bet. Free money wins.
New Customer Offers
New customers offers – often called a “Welcome Bonus” – are put out by casinos to try to entice people to place their bets there. They figure that once you try their casino you’ll want to stick around. There are three types of popular new customer offers. The first are matching funds. You put £100 into your account and you are given £100 for wagering. Betting vouchers are the second type. You bet a minimum amount and they’ll give you a voucher to place a bet with. The third type is money added onto your bet. In other words, bet £10 and you’ll actually be betting £20 with the money they add to your bet.
Who Can Receive Welcome Bonus
Welcome bonuses or New Customer Offers are only available the first time you sign up for a casino. You cannot make multiple accounts to claim the bonus offer more than one time. Casinos will use IP tracking software to make sure you don’t do that. That’s why we advise people not to use shared computers – like an Internet cafe or a library – to place their bets. If you do open multiple accounts and get caught they will close down all the accounts and keep your money. So don’t do it! Welcome bonuses are a one-time thing for each and every casino.
Bet 10 Get 30
A popular welcome bonus these days is the “Bet £10 Get £30” offer. What this means is that if you place a £10 bet you’ll get £30 in which to bet for free. When evaluating a bet £10 get £ 30 free bet you really need to look closely at the policies they’ve put into place. You may have to bet your original bet on mini-mum odds. Or you may have to bet your free bet on minimum odds. There may be a cap on how much you can win. You may only be able to bet it on a limited number of events. Still this is generally a good offer that people like to take advantage of.
Risk Free First Bet
A risk free first bet is a promotion run by a few casinos including Paddy Power. What it means is that after you’ve deposited your money you can make one bet. If you win you will collect your winnings. If you lose your bet will be refunded to your account. There is generally a limit as to how large this first bet can be – either £10 or £20 is generally the cap. This is different from getting free money to play with. You will still get the money back into your account but you will have to bet it again if you got refunded. It’s still a decent deal and should not be overlooked.
Existing Customer Offers
Existing customer offers are designed to keep you betting at a given casino and not give up on them and go to another casino. They can get quite involved and large if you manage to go up the VIP ladder. But even for normal players they give you an advantage. Generally, they will provide matching funds and in some cases free bets to get you to come back to the casino. It’s a nice way of keeping players in touch with the games and ends up giving you free money with which to wager. It’s generally a good idea to check a casino’s promotions page every so often to determine your eligibility.
How To Claim Deposit Bonus
Every casino has a different policy under which a player can withdraw bonus winnings. That means it is absolutely mandatory that you check carefully what the policies are. Some will automatically credit it to your account. Those are the best casinos to work with. Some want you to enter a special code in order to claim them. Some will provide it automatically only after an initial bet has been placed and settled. Your best move is to look at the terms and conditions of any offer before you sign up. Otherwise you risk missing out on what can be free money with which to wager.
Maximum Bonus Withdrawal
Here’s where things can get sticky. Casinos will give you free money or betting vouchers with which to place your wagers. You can place your wager, and win the bet, but sometimes it is not possible to with-draw all of your winnings. Many casinos put caps on the amount it is possible win with free money. So it could be that placing a £10 free bet at 500:1 odds results in a maximum withdrawal of £200 even though technically you’ve won £5,000. It is important to check the policies of a given book maker site before you place a wager using your free bet.
What Betting Sites Give Free Deposit Bonuses
All reputable online casinos offer some type of free money or free bets once you’ve signed up and made your first deposit. If you are on a site that does not offer you free money, it’s not a legitimate site and you should go elsewhere. We could not find one licensed site that did not give free money or betting vouch-ers. So if you find one that does not make this offer run away fast. They do not have your best interests at heart and are probably a fly by night company just out to scam people’s money.
How To Choose The Best Bookmaker
A bookmaker that is the best for your needs is a matter of personal preference. Bonuses and promotions should suit your wagering style, so that’s one thing to look at. Another is the free bet offer – is there a maximum win you can withdraw? Evaluate what offers they have going down the line for punters who stick around for the long term. Statistics, odds and updated information should be a factor as well, be-cause you want to be an informed bettor. No one casino is a magical fit for everyone. But if you know how to evaluate a book maker, you can find a website that is right for you.