Best Welcome Bonus Offers Online Casinos Offer To Attract New Players
The online gambling and sports betting industry are immensely competitive and often overlooked with a wide range of different gambling and betting websites where players can sign up and start playing real money casino games or betting on their favorite sporting events.
For them to compete and most like likely emerge on top of the competition, gambling sites must do everything possible to attract new players to register and start playing casino games. The best way to do this is by offering players with the best welcome bonuses that are used by betting sites and online casinos to market tools to increase the number of people coming to play at the casino.
Online casinos offer different kinds of welcome bonus offers. Read on to know about the most popular welcome offers available:
Types Of Welcome Bonus Offers
Online casinos must make sure that the bonus offers they give to their players remain relevant and are always changing to ensure they remain competitive and updated with the casino games the players are playing.
Therefore, when players want to sign up at the best betting sites, you want to claim the best risk-free bets, a deposit bonus, enhanced odds and the available free bets.
Free Bet Offer
Offering players free offers is a great way of getting the players to register for the new casino account because almost every person wants to get free things.
Free bets are often provided to new players that come to the casino and deposit funds to their casino account or place a bet of a specific amount of money within a specific timeframe before signing up. The winning a bettor makes gets paid as the amount of money that can be withdrawn from the sportsbook minus the free bet amount.
Sometimes there are wagering conditions that are attached to the sportsbook or casino like 35x rollover of the free bet amounts, but there are many bookies and online casinos that are not offering free bets that will help them beat the competition.
First Deposit Bonuses
The first deposit bonus is one of the most popular offers that new customers signing up at an online casino or a sportsbook that provides players with additional funds to bet on their favorite sports events.
Technically, a sportsbook offers its customers with this bonus after they have made their first deposit which is given as a percentage of the first deposit ranging between 10% and 400%. Therefore, within the highest levels, bettors that deposits $50 will receive a $100 first deposit bonus.
In most cases the casino bonuses come with wagering conditions that are attached to the bonus offer and players will be required to meet these wagering requirements because they can be allowed to cash out their winnings.
If you receive the initial deposit match bonus of about 50%, then this means the bookie will match the first deposit that you make on the website.
Improved Odds Offers
Sportsbooks are now using improved odds to attract new bettors and retain the existing ones, with the new bettors getting more lucrative offers when they place bets on their favorite sports events. A great example of this amazing offer was the match fixture for Liverpool vs. Burnley, with Liverpool leading the league and being in the best form possible, were quite good and the odds were on the favorites to beat Burnley.
One sportsbook gave new bettors improved odds of 50/1 for Liverpool to win, to their advantage Liverpool beat Burnley by 4 goals to 1.
Usually, there is a maximum wager that is applied to these types of bets, which can be $2 and the winnings are often paid out as the free bets, but this is a very tempting offer.
These are the risk-free offers that are given by bookies to bettors as a way of refunding the bet money after they have been on a losing streak. These free bets are often given to new bettors who have been betting in the sportsbook and placing bets that qualify for certain bets.
For instance, bettors who register and place $20 bets on specific football matches are then refunded a certain stake of their selection loses. Some certain terms and conditions are applied to these offers, but it also gives bettors a chance of testing out the sportsbook without having to spend money at the bookie.
Also, online casinos offer these risk-free offers for new players who have just signed up in the form of no deposit bonus offers. Here, the casino offers their new players a small amount of money just after they have signed up without asking them to deposit funds into their accounts so that they can qualify for that bonus offer. However, this bonus is usually a smaller amount than other popular types of bonuses. However, you should check the terms and conditions of the casino bonus, you have just received to ensure the casino bonus is worthwhile.
Money-back bonuses are different from the risk of free offers. While they are quite similar, these money cashback bonuses are mostly offered by sportsbooks for the biggest sporting events. These bonuses are only applicable to new bettors who have just started placing wagers at the casino.
A good example of this cashback bonus is where new players are given a bonus if they place a bet that a certain player will score the first goal, if the player loses that bet, then the sportsbook refunds the bet they had placed. As the name suggests, the losing stake is then refunded as money that can be withdrawn.
No Deposit Bonus
This bonus is a more popular amount online casino where new players are given free cash for registering at the casino. However, online sportsbooks also offer this bonus to new bettors so that they can place bets.
Nonetheless, in most cases, this casino bonus cannot be withdrawn and you will only be allowed to cash out the winnings after you have met the wagering requirements.