When I started in sports betting, around 2014/2015, the offer of betting sites was already huge, which left me completely lost as to which bookmaker to use to make my entries.
Promotional campaigns came in my email inbox in piles, which made the decision even more difficult. Not to mention the difficulty that was to understand the “fine print” of the promotions’ regulations, which more hindered than helped.
Until I started to research a little more on the subject and realized that the betting bonuses and promotions varied a lot from house to house. I remember that this made me ask the following question: “how can I evaluate if a bonus from bookmakers is good or not?
I had this question in my mind for a long time, only getting a conclusive answer when we gave me the mission to write reviews of betting sites.
After a long time, I was again immersed in this extremely competitive market and strong competition that is the sportsbooks.
I could compare, through the writing of these reviews, the most diverse bonuses and promotions offered by the betting sites. From the writing of these reviews, I developed a critical sense much more accurate than I had in the past and I intend to share it exclusively and for free with you.
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Types Of Bonuses
Before explaining which are the main issues to analyse, it is necessary to highlight the main differences between the three most popular types of bonuses offered by sports betting sites. The most common of all is the welcome bonus, which offers an increase of capital proportional to the value of your first deposit on the platform.
The second most popular bonus offered by betting sites is the free bet bonus (also called freebets), where you make your first deposit on the platform and are entitled to place a risk-free bet. If the bet is lost, your invested money returns to your account.
The third, and perhaps less common, is the bonus without the need for a first deposit. In this promotion, increasingly rare these days, the client wins an amount to bet without the need for counterpart.
That is, there is no need to make a first deposit to qualify and be entitled to receive this bonus. If there is any doubt about the terms consult our Glossary of sports betting.
Conclusion
As we have seen, the factors to be considered when analyzing if a sportsbook bonus is good or not are the following: rollover amount, term of fulfillment, minimum odds and market limitations. The longer the rollover period, the better for the bettors. The lower the amount, the minimum odd and the limitations of that rollover, the better for us.