Have you ever wondered why sportsbooks offer bonuses? We have an answer to this question and can hint at the best bonuses in 2021.
Almost all online betting sites offer various types of bonuses to bettors. They can use bonuses to benefit from staying with a particular sportsbook. You can learn how to profit from sportsbook bonuses of different types by reading our guide. However, why do sportsbooks have a bonus system on the whole? Let’s take a look at all bonuses that exist at sportsbook sites to understand why they are here.
Betting bonuses explained
Nowadays, there are many types of sports betting bonuses bettors can use to place wagers online. Each bonus comes in its own form, value, and requirements to be fulfilled to claim it. Here is a list of the most popular betting bonuses you can see at almost every betting site in 2021.
- Welcome Bonus is given to new bettors for signing up for a sportsbook site.
- Deposit Bonus is given for making the first deposit at a sportsbook site.
- No Deposit Free Bonus can be offered by some sportsbooks to make your first bet for free.
- Risk Free Bet allows you to return your money if your bet loses.
- Reload Bonus is given to bettors for making their next deposit (second, third, and so on)/
- Loss Bonus can be claimed by bettors who have a series of losses.
- Referral Bonus is given to bettors who invite their friends to join the sportsbook via referral links (codes).
All the reasons why sportsbooks offer bonuses
As you can see, there is a wide variety of sportsbook bonuses you can claim these days. Undoubtedly, they are beneficial for bettors who can get various rewards and discounts for placing wagers. However, what are the reasons why sportsbooks offer bonuses?
First of all,sportsbooks attract new players to sign up for their sites by offering them bonuses. It is not a secret that various types of free offers, prizes, and discounts work effectively on such a competitive market as online gamlbing. Therefore, bonuses belong to the most popular marketing tools for online bookies.
Another reason for sportsbooks to give bonuses is to stir up existing users’ interest. If a bettor is not too successful at placing bets, he/she will quickly lose interest in online betting. To avoid it, bookies offer them various perks including bonuses, promotions, and competitions. Find the latest deals on the best online sportsbook deals page.
Best sportsbooks with bonuses in 2021
Nowadays, almost all sports betting sites offer at least several types of bonuses. Welcome bonuses, Deposit bonuses, and Reload bonuses are the most popular deals you can see at every sportsbook. Also, bookies often run exclusive promotions and tournaments. To stay tuned, follow the best sportsbooks with the best bonuses in 2021.
- 1xBet Sportsbook
- 22Bet Sportsbook
- Intertops
- Betsson
- Betway
- 888sports
- Unibet Sportsbook