Betting promo codes
In order to get the most out of your betting experience, you should always be on the lookout for betting promo codes. In this article, you will learn how to find promo codes for betting sites and what some of the most common promo code types are.
Promo codes for betting sites
Before going into details, it is important to understand what betting promo codes are exactly. Generally speaking, promo codes or bonus codes are computer-generated codes used to unlock bonuses, as part of promotional offers. New users will typically receive a welcome bonus if they enter a bonus code on registration. These kinds of codes will usually be provided by the operator and they are often listed in the offer’s details.
In the next section, we’ll go into more details about the most common types of promo codes you will have the chance to use.
What betting promo codes are there?
There is a good reason we mentioned welcome bonuses first. It’s because welcome bonuses are the most common types of bonuses you will encounter. It wouldn’t be an exaggeration to say that nearly every online bookmaker will offer some kind of a welcome bonus to new users. Being that their main purpose is to attract new customers, they are usually more generous than the ones offered to existing customers.
Since bonuses come in many different forms, here is an overview of the most common types of bonuses betting promo codes can give you.
First Deposit Match
This is the type of bonus you won’t be able to claim by simply making an account. You will also have to place a deposit, which will then be matched by the bookmaker up to a certain percentage. Usually, the deposited amount is matched 100%, up to a set amount. As a rule, the rewarded funds usually will not be withdrawable, but can instead be used only for betting. There will also usually be both a minimum and a maximum deposit amount requirement. For example, a user will deposit $20 and will be rewarded another $20 in free bets, aka betting credits.
This is another common sight among sign up offers. Users are automatically given a bonus after they register, so they can start betting even before they’ve deposited any money. Generally, the downside of these types of offers is that they are usually much lower than the ones that require a deposit. They also come with a list of wagering requirements, which bar you from collecting your potential winnings, before investing your own money.
So, no-deposit bonuses might be good for new bettors, who are just trying out a website’s services, but the demanding wagering requirements sometimes make it them feel not worth using.
Compared to the ones we have mentioned, risk-free bets are a little less common. They allow users to bet on an outcome, as they normally would, but with a safety net. So, if users win a bet, they will get the earnings, as they normally would, but if they lose, the bookmaker will refund the invested amount.
You will commonly see these type of bets during special events or popular tournaments. They are excellent for easing new users into placing a bet and also not scaring them away if they lose it.
Consecutive Bets Bonus
These types of bonuses activate after a user has placed a certain number of bets worth a certain amount of money. For example, the bookmaker will require that users place 5 bets worth $10 or more, after which they will be rewarded a certain amount of betting credit. This way the bookmaker ensures that new users have spent time using the website, while the users are given a goal to work to.
Where to find the betting sites promo codes?
You will usually have several options when it comes to finding betting promo codes. The most obvious one would be to look for it on the operator’s website. If the operator advertises an offer and asks for a promo code, you will usually be able to find it in the offer’s description, or the terms and conditions.
Sometimes, you’ll come across a website that offers a promo code for the bookmaker you are interested in. It might even happen that the offer is better than the one described on the bookmaker’s website. This might mean that you have come across a special deal between bookmaker and the website in question. It could also mean that the promo code listed on the website has expired. Either way, you can check if it is valid by entering it in the appropriate field.
Betting promo codes: Conclusion
As you can see, navigating the world of promo codes for betting sites can be more complex than you think. You should have in mind that we have covered only the most common types of bonuses. The fact is that the operators will often come up with new types of offers in an attempt to attract more customers. In order to understand the details of every offer, your best move would be to carefully read the terms and conditions attached to each offer.