In general, the higher the percentage is, the higher the wagering requirements are likely to be. This is an opportunity for you to earn extra betting funds only partially funded by your own money.ĭeposit bonuses could be any value from 10% to 100% or even 200%. The most common type of sports sign up bonus is a deposit bonus – or, more specifically, a first deposit bonus. Below, we’ll break down a few of the most common ones. You can find terms like sign up bonus and sportsbook welcome bonus on more or less all sports betting sites, but what exactly do they mean? There are many types of welcome bonuses. You won’t simply be able to grab the bonus and cash it out, so make sure you read these carefully before you dive in.ĭifferent Types of Sports Betting Welcome Bonuses Of course, there are always terms and conditions attached to sportsbook welcome bonuses.

Some sites will encourage you to join them by offering you a free bet, or even a bunch of free bets. Not all sports betting welcome bonuses include deposit bonuses. In this example, if you deposit ₹10000, you’ll also get ₹10000 as a bonus. For example, ‘100% up to ₹10000’ – this means the site will give you a bonus that is 100% of your deposit up to a certain amount. The most common ones online are 100% sportsbook sign up bonuses. Often sports betting sites display their offers as percentages. You could effectively double or triple your money before you even place a bet. Because of this, you might want to make a big deposit for your first time. This will often be when you make your initial deposit. You can only claim once – the very first time you play at the site. A sportsbook welcome bonus is an offer from a betting site that gives you some sort of free bet, refund, or free credit when you join.

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