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The Best Online Sports Betting Bonuses Explained

By Alyssa Martinez @ItsMariaAlyssa

If you walk into a bookie on the high street, you’ll be hard-pressed to find any special betting offers for new or loyal customers. All the excitement of bonuses and promotions is online. The are plenty of betting bonuses to get your teeth stuck into at hundreds of online sports betting sites. The Best Sports Betting Sites United Kingdom.

There are that many and we’re always striving to add more reviews. We’re not there just yet as there are so many, but we’re adding new content all the time.

Best casinos with bonuses:

  • Stake
  • BetCity
  • RioBet
  • Nords
  • 888 Sports
  • 22Bet
  • BetOnline
  • 10bet Sports
  • Betway Sports
  • Boyle Sports Casino
  • 20Bet Sports

Matched Deposit Welcome Bonus

This is simply a sign-up offer where a bookmaker will give you a percentage of what you deposit as a bonus. These can range from 25% to around 200%. This welcome offer may come with a promo code or you may have to opt-in.

Bet and Get Welcome Bonus

Bet £10, Get £30. That’s a popular one in recent times with many bookmakers. Of course, there are T&Cs; attached to every single offer, but, effectively, in this example, you’ll get a £30 free bet if you manage to deposit and place £10 as your first bet on a qualifying selection in a sportsbook market.

As far as betting offers go, this one of the better ones. This welcome offer may also have a promo code attached or you may need to opt-in.

Enhanced Odds

You’ll mainly find these appear just before some big events. If there’s a big football match on or a grand slam tennis tournament, players and teams’ odds will be increased by some bookmakers.

Money-Back Special

Unibet are fans of this sign-up offer whereby you are paid out in free bets (or cash if you find the right bookie) if your first-ever bet loses.

No Deposit Bonus

Exactly what it says on the tin. Register and you’ll get a bonus without depositing any of your own money.

Sportsbook Product Features

Nowadays it’s all about innovation and getting ahead of the competition. You want your sports betting site to stand out. To possibly offer a product feature that nobody else has.

New customers are always on the lookout for the next best thing. Not only that, but new customers want everything to be easy. If your product is innovative, unique, and easy to use, you’re on to a winner.

Let’s run you through some of the sportsbook product features around today that bettors can’t get enough of.

Requested Bets

This feature is one of the newer ones around but it’s taken the betting world by storm. All of the top bookmakers offer these types of bets on their sportsbooks nowadays. They’re often requested via the likes of Twitter, Facebook, or Instagram. It’s almost always pre-match bets rather than in-play bets.

Paddy Power has #WhatOddsPaddy and Betfred has #PickYourPunt for example. The prices on requests range from odds on to 1000/1+ depending on the selections included.

Best Odds Guaranteed

This is exactly what it says on the tin. And it’s a feature for both new customers and existing ones. To put it simply, when a bookmaker refers to themselves as Best Odds Guaranteed (BOG), it means that they will guarantee you get the best odds in a horse race if you’ve placed an early bet and the SP is higher.

For example, if you’ve backed Frankel at Evens but he goes off with an SP of 2/1, you’ll get paid out at 2/1.

Free Bet Club

A fair few of the top bookmakers have a free bet club that you can join. Essentially, it’s a promotion whereby you bet a certain amount each week and you’ll be rewarded with a free bet each week. It’s not related to a first deposit, a minimum deposit, or anything like that.

Unibet offers an in-play free bet club, but the majority of bookies offer free bets based on pre-match betting.

Some have theirs set up where you must bet on accumulators to gain a free bet per week. If you’re going to bet anyway, doing it with a bookie who has a betting club where they give our free bet offers every week is worthwhile.

Cash Out

Cash Out is a very popular betting feature. Launched back in 2014, it’s now offered by many top bookmakers in several markets across numerous sports.

Essentially, you’re given the chance to get some money back on your bet before betting on the event ends. The amount you receive depends on the likelihood of your bet winning as well as the timing of the cash-out.

It’s usually available during in-running events, but you do have the option to cash out pre-match. There are pros and cons to using this feature, which we cover in-depth on our dedicated page.

Place Your Bets at Licensed Online Betting Sites – Don’t Settle for Less!

You’ve no doubt already got a pretty good understanding of the whole betting game. However, we can’t move on without letting you know that you should never play online at any site that looks a little suspect.

Some sites look legit but please make sure they are fully licensed by the United Kingdom Gambling Commission. Legal online betting sites are the only choices to make in all honesty. Why worry about betting anywhere else?

Recommended Payment Methods

Over the years, the only way you could get an online bet was if you happened to have a debit card. E-wallets weren’t around nor were many other payment options.

Away from your standard VISA and debit Mastercard, you can also deposit and withdraw at many of the best online sports betting sites with an e-wallet, a prepaid card, bank transfer, or even Bitcoin!

If you’ve not had the pleasure of using some of the payment methods mentioned above, that’s ok. We’re here to help with that. We have dedicated pages that will give you a step-by-step guide on how to effectively use each payment option.

For example, if you want to start using Neteller, have a read of our Neteller Betting Sites review to understand all there is to know about this popular e-wallet.

Once you’ve settled on a way to deposit and withdraw, you’re probably going to want to know the deposit limits, withdrawal limits, and withdrawal times at all of the top online sports betting sites. Again, that’s where we come in.

PayPal Bookies – The Best Betting Sites Make Use of PayPal

The more payment options that are available to you the better. A good indicator that you’ve picked one of the best betting sites is if they have PayPal as a payment method.

Betting with PayPal is extremely popular. Check out our best PayPal betting sites review too. It lists the top bookies who accept this e-wallet as a payment option.

E-wallets, in general, are proving to be popular nowadays. Not only are e-wallets simple and easy to use, but they’re not linked to your bank account, which adds additional security and privacy.

The only thing to keep an eye on with payment methods like PayPal is that they’re not always included in welcome bonuses. Make sure you check out the key terms and conditions of each promotion before making that first deposit with an e-wallet as a new customer.

Sometimes it’s a little bit of information overload with trying to remember a promo code while you’re registering as a new customer amongst other things, but take your time to understand the terms of each offer.


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