Sports betting is one of the oldest pastimes in existence. We’ve been a culture that bets ever since the roman times with gladiator matches and sports. The winnings may have changed over time as well as the sports we bet on, but the spirit behind sports betting remains.
While betting takes place on a personal level as well as within casinos it is most popular with sports. Most sports happen to be exciting events that groups of people rally behind and pick a team to root for. Once you find a team you love you almost want to bet against any of their competitors. Certain individuals out there take it a step past that and bet on any situation that they may see the predictable outcome for.
A new phenomenon has begun within this betting industry. To bring new blood into the ring a new incentive has been invented. This incentive happens to be a betting bonus. A deposit-betting bonus is a match on your first deposit. Say you go to a bookie at a horse race track for the first time and consider putting a deposit down to start betting. Many tracks will match your first deposit by around 50%!
It seems as “free” money should be illegal but be assured they operate above board. They are governed by the regulatory agency that oversees the casino. The reason the casino uses them is to attract new players and not just to the sports book but to the casino as well. It helps minimize the risk for someone to try out a new casino if they know they are playing with the house money.
The popular casino bonus is responsible for attracting a variety of new players and has helped many make some additional money without risking much of their own. It is common for a sports bettor to move into casino games, the casino will sometimes allows the sports bettor to bet more on their favorite team.
The important thing to remember is to read the fine print. And if you do, you just might be able to walk away from this deal with a fatter wallet. If the loaning house does not set a “rollover requirement” for the bonus then you can set a deposit and withdraw soon after your full deposit plus a bonus! Unfortunately, bonuses often come with requirements, so it’s important to read the fine print.
More often than not, when using a sports betting bonus, you will have to bet 5 times more than the total deposit plus the bonus to even withdraw that bonus. So if you have a total deposit plus bonus equaling out to $1000 you will have to bet a total of $5,000 to even qualify for obtaining that original bonus money. These bonuses are often offered to anyone looking to sign up and if used wisely can certainly help build a sports betting bankroll.
Bonuses Go Beyond Sports Betting
Not only are sporting events at a large gambling venue ripe with bonuses but the casinos offer bonuses to get you to play other games. These deposit bonuses take place in the form of extra cards and chips. It’s not unusual for someone to parlay their sports betting bonus into some extra money for the casino.
With a wide variety of slot machines and tables to attract someone with a little extra money, the casino can be your friend or foe. Baccarat is a popular game among sports bettors, but you may want to consult some baccarat strategy tips before wagering all your winnings.
Are deposit bonuses the only kind?
Not exactly. While a deposit-matching bonus is the most popular by far there are other bonuses out there. These bonuses are often liked to long lasting members of an establishment to show gratitude and often include free currency to gamble with or free games through whichever venue you use. There is even the comeback bonus. Each of these are similar in reward but this one is granted to long staying members of the venue that have abstained from betting for some time.
Do your homework and be aware. You never know when to expect them and can often only get them once. The starter bonus can be used over and over again and can really be played to its full potential. Arbing is a growing way to pad your pockets when you need it the most. Whether or not you love to gamble this is a surefire way to reap the benefits and get out if you feel necessary. Take this to the horse races, casino or football game the next time you feel like you could use a win.