Common Types of Bonuses Offered by Sportsbooks

If you’ve ever tried your hand in online and offline sports betting, you would be well aware of the fact that there is a plethora of differences between the two. These differences have little to do with the strategy or ideology of the betting itself but the main difference between the two is one simple thing: the abundance of bonuses and rewards that are offered in online sportsbooks compared to the latter.

These bonuses and rewards are mainly a way to attract more customers and get them to place higher bets, but often times, they’re also just rewards given from time to time for loyalty. For a clearer understanding of this, sportsbooks such as Bluebet grant you a lot of benefits too. Check out this BlueBet.com.au Review + $200 BlueBet Free Bet Bonus for further details.

Furthermore, there are some common types of bonuses that are offered by sportsbooks, but for someone who is relatively new to the world of online sports betting, these might be a bit confusing. Thus, this list of common bonuses should serve as a good explanation in this regard:

Prevalent Reasons Why Sportsbooks Offer Bonuses

There are many different reasons as to why sportsbooks should decide to offer bonuses, but 3 of the most common reasons are as follows:

  • Encouraging Inactive Users to Return: As with many other online games, many bettors might also feel that they’ve had enough of the online gambling world especially if they haven’t been winning a huge amount of money lately. Sportsbooks choose to offer bonuses to these customers should they choose to return – giving them a good monetary bonus to start with again.
  • Draw Attention to New Customers: As with any business or company, sportsbooks also have to ensure that they promote their sites and apps, such as the Bluebet app, to ensure that they are able to attract new customers.
  • Loyalty Rewards: To keep their existing users from leaving the platform, sportsbooks give timely rewards as an appreciation of the customer’s loyalty.

Prevalent Bonuses Offered By Sportsbooks

As aforementioned, there is a large amount of bonuses and rewards offered by sportsbooks to their existing and potential customers for a plethora of reasons. However, many sportsbooks might also just offer these bonuses as a way to get one to place bets so it’s highly important for one to think with their heads and not with their hearts when they accept these offers.

Moreover, the most common bonuses are as follows:

  • Free bets
  • VIP/Cash Back
  • Reduced Juice
  • Reload bonus
  • Deposit Bonus
  • No Deposit Bonus
  • Refer the app/site to a friend bonus

The aforementioned types of bonuses are offered by nearly all sportsbooks, although the amount or the actual bonus might differ substantially from the other.