What are ‘Betting Offers’?
Betting Offers are special deals offered by bookmakers and casinos to customers that offer some form of bonus. They are usually given to customers upon registration, but are also awarded periodically for special events or to existing customers. They can vary from free and no-risk bets to money back bets and giving players extra money when they deposit. The types of bonuses on offer usually vary by game – for example, casino bonuses will often double players’ first deposits, while sports bookmakers will often give out free bets.
‘Betting Offers’ Explained
One of the most popular examples of a betting offer is the free bet. Sports betting companies will often offer new customers a free bet, usually equivalent or more to their first initial deposit, up to a limit – for example, a customer depositing £10 may receive a £25 free bet. In order to prevent the player from simply putting the money on a very low odds bet and withdrawing the money, the stake is not usually returned – so a £10 bet on a 1/5 horse would only return £2 in total. Other kinds of betting offers from bookmakers include money back as a free bet if a bet fails, odds boosts on certain events and money back if one or two selections from a large accumulator do not win.
Casinos also offer considerable bonuses, although these usually come in the form of deposit boosts. For example, a casino offering a 100% deposit bonus will mean that a player depositing £100 will be able to play with £200. In this case, to prevent the money simply being withdrawn, the bonus money usually has a ‘wagering limit‘ – that is, it must be wagered a certain number of times before it can be withdrawn.
There are many kinds of betting offers available for all kinds of casino and sports betting websites and the nature and size of each deal can vary quite wildly as bookmakers and casinos try to entice new customers.