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Five Most Popular Online Betting Bonus Types by Location

Joe Short for Bookies.com

Joe Short  | 5 mins

Five Most Popular Online Betting Bonus Types by Location

$1,000 First Bet on Caesars

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Must be 21+ to participate. T&Cs apply.

Finding the best online betting offers for you depends on what you like to bet on. Whether you’re a football fan, a horse racing guru or just love spinning in the casino, triggering the right betting bonus is paramount to getting the most out of your online gambling experience.

What Are The Most Popular Online Betting Bonus Types?

Sportsbooks and online casinos work tirelessly to promote their latest deals and offers to players. Bonus types range from free bets to free spins, improved odds and even tickets to major casino events.

Over the past two decades, gambling sites have worked out what players want, and the competition to provide the best bonus types is never ending. This is great for all players, because they can pick and choose from a wide list of top betting sites.

But which bonus should be prioritised? We’ve compiled a list of the most popular online betting bonus types that appeal specifically to certain types of players. So, whether you’re a sports betting fanatic or a smooth operator on the slots, we’ve got you covered!

Most Popular Online Betting Bonus Types

Before we look at these bonuses, it’s worth remembering that attractive betting welcome offers shouldn’t be the only thing you look for when choosing a sportsbook or online casino. Be sure to explore your selected site and look out for good signs, such as a reliable interface, wide-ranging bet options and live customer support. Be sure to check out reviews for the sites to see if fellow players have experienced problems.

Welcome Bonus – Best For Signing Up

The welcome bonus is the most straightforward betting bonus you will encounter online. It’s the one bookmakers promote the most and is the one that catches the eye. With a welcome bonus, customers are likely to earn free bets, free spins or some other freebie if they sign up with that particular bookie.

But when choosing a welcome bonus, be sure to check out the range of offers, as some lesser known bookmakers will often give you more free bets and cash to join them over an established brand.

Deposit Bonus – Best For Big Depositors

If you’re a regular bettor and you want to make a hefty first deposit, then a matched deposit bonus is best for you. Often you’ll see them advertised as “Deposit £50 Get £50” or something like that. Deposit bonuses don’t always have to be for new players and sometimes bookmakers will provide current customers with the opportunity to boost their balances with these offers.

It’s worth noting, though, that deposit bonuses often come with strings attached, such as the requirement to turn over your deposit amount a set number of times before you can withdraw it.

Odds Boosts – Best For Sports Bettors

You’ll usually get odds boosts around big sporting events like the final of the Champions League or during Wimbledon. Here, your bookmaker will choose specific outcomes and ‘boost’ those odds. It could be, for example, that Novak Djokovic’s price to win Wimbledon widens from 3/1 to 6/1, or Raheem Sterling’s chances of scoring for England shift from 5/1 to 10/1. These odds boosts are great if you’re not sure what to back, and you can make a hefty profit if you strike lucky.

Free Bets – Best For Horse Racing

Free bets in sports betting is always a bit of a strange concept as usually the tokens are small and you can only earn your winnings as cash. Because of this, many punters stick their free bets on outside chancers in the horse racing odds.

Most sportsbooks carry a dedicated horse racing section that houses numerous race cards from meetings across the world.

If you’re new to horse racing and are curious about how it works, then sticking your free bet on a race is the ideal way to learn about the sport, and you might be able to watch a live stream of the race also.

Free Spins – Best For Casino Lovers

Many gamblers who join a betting site, will do so because they either love a specific sport or a type of casino game. And while sports bettors will always gravitate towards football, tennis and racing markets, bookmakers will likely work hard to attract you to the casino.

Free spins is a no-lose way of getting accustomed to casino slots and other forms of online games. You can usually win them when you sign up to a bookmaker or by triggering an offer as a regular customer.

Slot machines aren’t for everyone though, and you’re likely to have to turn over your free spins winnings before you can withdraw the cash. But if a bookie is going to throw spins at you, then who would refuse?

Acca Insurance – Best For Football Betting

Betting on football is the most popular type of online sports wager, and acca insurance is heavily sought after by punters. Accumulators are when you string together a number of bets into one mega wager. Many of us place an acca on a Saturday afternoon and all bets must win in order for you to be paid out.

However, acca insurance helps protect your accumulator bet from a freak loss. It means that instead of losing your acca, you might either win or at least get your money back if one leg of your acca lets you down.

Football bettors are always seeking fresh offers and deals, and a bookmaker that doesn’t do acca insurance is likely to miss out on a lot of business with existing customers and new ones. So if you love your football then be sure your bookie offers you what you deserve. If they don’t, it’s time to find a new bookmaker.

About the Author

Joe Short, a contributor to Bookies.com, is a freelance journalist and former editor at the Daily Express, covering various sports, including soccer, darts and tennis.