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Betting bonus review

Betting bonuses are one of the most essential factors before deciding to opt for a bookie or a betting exchange. As a player you know the importance of getting a big incentive in order to start wagering at an operator. Aside from the sign-up offer that is considered the most significant bonus, there are plenty of other rewards that you want to redeem throughout your betting experience. Even if you consider yourself a pro bettor, the thrill of reading a good bonus review and eventually taking one is riveting by itself. Most operators know how to attract all kinds of players recreational and professionals, either via appealing first deposit bonuses or activity bonuses depending on each player’s activity individually.

In this article, we will tear down everything there is to know regarding bonuses. You will learn how to recognize the pros and cons before deciding to redeem a bonus. Besides that, in this bonus betting review, you will understand which are the popular bonus types, and what you have to watch out for in their terms and conditions. We will also analyze the differences between a bookmaker and a betting exchange sign up bonus review. All in all, you will grasp all the bonus essentials before making up your mind.

How do we complete the bonus review

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How can you do a thorough betting bonus review and what are the steps you need to follow in order to get the best out of a bonus. At first, you need to consider if you want to open an account on a broker or a betting exchange separately and the reason is that they come with a major difference. On a broker, you’ll have the opportunity to claim more bonuses due to the fact that you will be able to wager in many betting exchanges or sportsbooks and not just one.

So how you can do a betting exchange sign up bonus review? You will simply register and go to the relevant section of the bonus page in order to check which offers and bonuses are available. Typically, most operators come with a welcome offer that varies among them. On most occassions, you can redeem a matched bonus or a cashback with your first deposit. Before deciding which offer you will select, always keep in mind that you need to complete your bonus betting review by checking the terms and conditions. The same applies to brokers as you need to do a broker bonus review before redeeming an offer. This way, you will know what are the wagering requirements and if there are any hidden terms you should notice. Then, of course, you will have to proceed with your first deposit and claim the bonus. If we are talking about a matched bonus you will have to complete a predetermined rollover in order to cash out your winnings. In most operators, you can get a matched bonus (e.g. 100% up to €100) and wager the amount x5 times before requesting a withdrawal. If your welcome offer is a cashback you will most probably have to place a bet with the amount of your first deposit and then receive the cashback depending on the TnCs. Now, if you made successfully your betting site bonus review and completed the wagering requirements of the bonus you claimed, you might as well request a withdrawal.

Things to check on our betting exchange sign up bonus review

We might have slightly explained the process of the betting bonus review and how you will eventually cash out your winnings. Nonetheless, there are some essentials you have to look over in order to make your life easier and make the best out of each bonus. Many punters, unfortunately, do not pay attention to the terms and conditions upon registration at a bookmaker or a betting exchange. This is definitely an amateur mistake, especially since this is your money that is at stake. If you want to avoid this kind of mistake and you want to be a skilled bettor, you have to read this section and comprehend which areas you need to pay attention to.

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Rollover requirements

A bonus review should always start not with the amount you can claim but with the wagering requirements that are demanded in order to be able to withdraw your earned amount. There is not a single sign-up matched bonus that is not subject to rollover a certain amount of times. Usually, most bookies set a rollover between 5x and 20x before you can withdraw your winnings. Another part you need to notice is if you have to rollover your initial deposit besides the bonus amount before asking for a payout. The latter of course is something that will make your cash out more difficult.

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Minimum odds

Another crucial part you must notice upon your bonus betting review, are the minimum odds/selections in order to place a valid bet which will count towards your rollover. Every individual market you select for your bet should be above a predetermined odd. Most bookies set the minimum odds per selection between 1.50 and 2.00. Everything less than these odds is considered invalid and will not increase your rollover amount. Talking about selections, keep in mind that the total selections on your betslip count as well. A valid bet usually consists of 1-3 selections.

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Excluded payment methods

In our prominent betting sites bonus review, you will learn every possible thing you have to check out before opting for an offer. As we talked about your money that is at stake, note that most operators restrict a few types of payments through which you cannot claim bonuses. And we mean any type of bonus from sign-up or reload bonuses and even cashbacks. The most common payment methods that are excluded are the wallets like Skrill and Neteller. The main reason behind that is that they attract abusers. Always pay attention to terms and conditions for payment restrictions before you top up your account. On the opposite side, most bookies will most likely credit the welcome or the reload bonus should you deposit with a debit/credit card, bank transfer or PayPal.

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Days within you should complete the rollover

Besides the rollover that sometimes can be exorbitant in terms of difficulty to cash out, the next sector that many bookies tend to make your life difficult is the bonus validation date. In your betting site bonus review, you will learn that an acceptable time period through which you should complete the demanded wagering should fall somewhere between 7 to 30 days. Always try to recognize operators that set a very low time frame such as 3 days and try to avoid them as you will probably end up losing any bonus earned funds.

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Time needed before the bonus is activated

During your sportsbook bonus review, you will happen to notice how fast your claimed bonus will be credited to your balance. Most sportsbooks tend to inform you before registration or prior to your first deposit if you wish to claim the welcome offer automatically after the deposit. Typically on this occasion, the bonus will be available in your account right after you top up your account. Another possibility is to bump into operators that credit the bonus amounts manually. The only thing you have to do is make your first deposit and then simply contact customer support to credit the amount. It may take a little longer but the sure thing is that you will get the offer.

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If any bonus codes are needed for the activation of the bonus/offer

As a continuation of the previous part, note that several bookmakers demand from you a bonus code in order to get each individual offer. Either you will have to put this unique code in an asked form or write it down and send it to customer support in order to credit the bonus. Here you have to pay close attention as many operators are quite strict with the bonus codes and don’t even bother to help you or credit you the bonus in case you have forgotten to put the promo code in the relevant field.

The most popular types of offers on our bonus betting review

blankWhat happens when you finish your registration process and wish to claim your sign-up offer? You simply visit the bonus section and evaluate the welcome offer and possibly any other bonus type that your selected operator offers. By doing your betting bonus review, you will realize that a successful site comes with a variety of bonuses. These are bonuses largely claimed by most players and there are reasons behind these decisions we will analyze in the section below. We are no strangers to all kinds of bonuses; thus, we have prepared a detailed bonus review with all the popular types. From the standard welcome offer to cashbacks and free bets, you will learn everything there is to know.

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Cashback

Through a betting exchange sign up bonus review, you will realize that this bonus type is quite common here rather than in regular sportsbooks. Generally speaking, cashback is a very common type of offer in sports betting either as a welcome bonus or as a reward bonus. Typically, talking about a regular cashback, you need to deposit and play predetermined games. If your net losses surpass a specific amount you get a percentage of your lost amount as a cashback. In regular bookies, punters usually receive back 5% – 30% of their daily/weekly losses. What’s more, many Asian bookmakers offer players about 0.1% – 0,2% of turnover cashback on all wagered bets.

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Welcome Bonus

It is impossible to conduct a sportsbook bonus review without talking about welcome bonus as it is the cornerstone of sports betting offers and what almost every player is looking for. Literally every operator want to attract new players by offering an appealing sign-up offer. In general the concept is similar in most occassions. Make your initial deposit and get a 100% matched bonus up to a certain amount (typically it is somewhere between €100 and €200). There are also many bookies that offer a welcome package which is valid for the first 3 or 4 deposits and can even reach up to €1.000. What you need to notice, are the terms and conditions as these bonuses change from site to site. For example wagering and validation period are two common essential sectors you need to check thoroughly before depositing.

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Welcome Risk free Bet

If you’ve been looking for a sport betting exchange and you are interested in this kind of bonuses, we would recommend that you registered with a sports betting broker and have unlimited options. If you’ve been conducting your own broker bonus review, just know that a welcome risk-free bet is the most common welcome offer at these sites. So what exactly is a risk-free bet you might ask. Basically, you have to place a bet and if it is settled as lost, the operator will give you back the amount you wagered in the form of free bet. You can then use the free bet in order to place any bet you wish. However, keep in mind that if your placed bet is won, you will receive your earnings minus the free bet amount.

How important is a betting sites’ bonus review?

blankIf you are still wondering what is the purpose of making a betting bonus review, then we will try to be more persuasive. Meaning that, there is no point to claim a bonus without knowing if it is actually good. We are in a rising period in terms of online gambling and every now and then a new betting site or a betting exchange pop ups and tries to dazzle you with a large welcome bonus. Nonetheless, if you do your own bonus review you should know beforehand if it’s worth it or not. You will also learn to recognize every sign that the bookmaker you’ve been searching is a scam site and not a reliable one.

Inside the bonus page you can understand almost everything for the quality of the site you’ve been thinking of playing at. Check if the wagering is displayed in the TnCs or not. It is more than important to see how much rollover you need to complete before cashing out winnings. The absence of this tool, does not necessarily mean that it is a scam, but it definitely make you suspicious. Other requirements in your betting sites bonus review, include the qualifying bets. You need to know what happens in legitimate sportsbooks. If you place a bet that does not qualify according to the terms, it is not calculated in the rollover. In shady bookmakers though, it can lead to a complete bonus cancelation.

According to our betting exchange sign up bonus review, we’ve seen a lot of times non-transparent bonus terms and it is a practice that doesn’t apply when conducting a broker bonus review but more commonly in typical sportsbooks. What happens in legit bookies, is that if you place a bet that does not qualify according to terms, it will not be calculated in the wagering. Nonetheless, in scam sites it can lead to a bonus cancelation as we saw above.

What differs a betting exchange and a sportsbook bonus review

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The theory behind a betting exchange sign up bonus review and a welcome bonus betting review is that they have completely different approaches. To begin with, the bonus sections focus on different player types, thus bringing largely different bonus types. Sportsbooks, mainly attract recreational bettors and even if there are many sharp bookies that pro punters wager at, the welcome offer comes with small variations. Most operators offer a matched bonus for your first deposit (e.g. 100% up to €100) and usually their offering is limited to reload cash bonuses and free bets.

On the other hand, if you’ve been doing a broker bonus review and select several sports betting exchanges to wager, you will realise that the bonus types usually consist of cashbacks and risk-free bets. For example in Betfair you can get for your first 5 deposit a risk-free bet up to €20. Now, your sportsbook bonus review can be very thorough and get to know these bonus types a little bit easier. However, a betting bonus review isn’t complete without getting to know all bonus types and major differencies.

Aside from the distinctions we mentioned, another differentiation between exchanges and sportsbooks is the players’ type. We slightly mentioned above the novice bettors that widely wager at regular bookies. At exchanges, you can find more pro bettors that the bonuses they get try to monetize them through arbitrage betting without risking their own funds entirely.

How do the betting site’s bonus review affect its total rating?

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A sportsbook site can be rated regarding many of its features and offerings. Definitely, a bonus review is necessary in order to get the bigger picture as it can also tell us a little bit more about the quality of the betting site. Sure, it is more than normal to pick a bonus that gives you the highest amount of money. As we explained though, this is not the only major factor that matters. A close view of the terms and conditions is mandatory if you want to avoid unpleasant surprises. Your bonus betting review should include bookmakers with a top product and a good reward program. It will have to come with more realistic wagering requirements as well. A good total rating comes in case these requirements stand and as a result, every player is likely to stay longer and become loyal by making regular deposits.

On the other hand, a sportsbook bonus review in which not only you’ll see a below the average product but poor terms and conditions will eventually affect its rating. These sites tend to have way stricter requirements. As a result, the punter will not be able to complete the rollover and certainly, he will not come back to deposit again. Other major red flags comprise the poor KYC process, wagering limitations and false claims on duplicate accounts. What’s is certain is that by overseeing a broker bonus review you will most probably find an abundance of betting exchanges and Asian bookies to redeem bonuses offfered by legitimate operators.

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