Each betting site offers its players different online welcome incentives and promotions. Some offer a combination of several bonuses, which can be obtained, for example, in two or more tranches. Here are the most frequent types of bonuses for new bettors that we have been able to collect among the 2020 promotional offers.
REFUND ON LOSSES OR CASHBACK
This welcome promo, also called Cashback bonus, allows you to recover a percentage of losses (lost bets) up to a maximum set by the operator. For those who do not like risk, it is the type of bonus that best suits them. In practice, by playing according to certain conditions provided by the promotion, you will get (in case of loss) a refund on bets not won. Please note that most of the time this promotion refers to net losses. What is a net loss? The net loss is nothing more than the difference between the sum of the losing bets and the sum of the won bets.
REFUND ON THE FIRST BET
This type of betting bonus refers to the first bet made after registering online. The operator awards a refund, usually in percentages ranging from 50% to 100%, on the value of the sports bet. In some cases the percentage does not depend on whether the bet is winning or losing. Simply open an account, deposit and place the first bet in accordance with the terms and conditions of the welcome promotion. In many cases, only bets that meet certain conditions are considered: e.g. odds of 2.00 or more, bet made within 24 hours, deposit methods listed in the terms of the promotional offer.
PERCENTAGE ON THE FIRST DEPOSIT
Among the most common 2020 sports betting bonuses aimed at new players, there is the one that provides a percentage on the first deposit or first reload made. This is a simple promotion for the inexperienced gambler: just register, validate your gaming account by sending an ID and deposit. The betting bonus percentage is usually around 50% – 100%, sometimes it can be as low as 200%. You must, however, always respect the conditions: the minimum deposit is usually around 10€, but can be even higher. In addition, you have to keep in mind the maximum bonus that can be obtained: it is not said that by paying any amount you always get the percentage of the same. The maximum limit is a ceiling set by the bookmaker for the welcome bonus.
BONUS BETTING WITHOUT DEPOSIT
The no deposit betting bonus is among the most sought-after welcome offers for players who want to sign up online. Why is the no deposit option so attractive? Without a doubt, the no deposit sports betting welcome bonus allows the user to “try” the operator and test its services. It is a great incentive for those who are not practical in the world of online betting. Even for the curious or inexperienced players who do not want to risk on matches, this type of offer is interesting. However, this type of welcome promotion is not easy to find among operators in the industry and hides within it a number of conditions and terms to be respected.
In many cases, in fact, the bonus awarded is of the “for fun” type, so before it is withdrawable you will have to replay it a defined number of times respecting some limitations. For example, for the purposes of the necessary movement, only bets with odds equal to or greater than 2.00, or only multiple of 5 events, or even bets that are cancelled or refunded may be excluded.
To conclude, therefore, there is no better betting bonus ever, it all depends on the player’s needs. There are those who prefer the deposit one, those without deposit, many others may prefer the refund on losses or first bet and some players instead search for online betting bonuses from foreign sites. Our advice is to carefully evaluate all the terms and conditions of each player in order to make the choice of the best online sports betting bonus!