A sports betting bonus is a promotional used by an online sportsbook to attract players. Even though they are essentially marketing tools, sports betting bonuses can be really valuable. Since 2018, New Jersey has become the online gambling capital of the East Coast.

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One interesting aspect of signing up with a legal betting site is the range of promotions and rebates offered to enhance the betting experience.

This guide looks at a variety of ways in which you can claim rebates and other forms of extra funds. We will discuss some of the most popular bonus types, in detail, with examples from some of the leading racebooks. The guide ends with advice about how any bonus works.

1. You will notice that each betting site has a minimum and maximum deposit amount for anyone that wants to take advantage of a first deposit free bet bonus offer. For example, one site.
2. The welcome bet bonus offers to double your first deposit, up to ZMW1000. In order to use the bonus, simply wager the full value of the first deposit. To get your new customer bonus, simply use the 50SPORT promotional code to get a 100% bonus.
3. The no deposit bonus is usually a token bonus that doesn't cost the bookies a lot to offer. It may be a cash amount added to your balance or a free bet that comes with or without restrictions of how it can be used. With a token bonus.
4. Bet Sites With Welcome Bonus - Canadian Sports Betting Sites Bonuses Online Casinos Provide Safety Guarantees. Risk-free bets (“money back specials”) are commonly offered betting bonuses. Gamblers love them, so Canadian sports betting sites, like Betway and Betfair, are more than happy to offer them.

• Horse racing rebates: How the online horse racing betting sites replaced flat-rate rebate deals.
• Welcome offers: Bonuses when you sign up at a new site.
• Cashback and bet insurance: Lose your bet but meet the conditions and get your money back.
• Best odds guaranteed: Best of available odds, whether taken early or at the start.
• Understanding rollovers: How do rollovers work and what to look for to maximize value.
• Free past performances: Studying the form without payment.

Top Horse Racing Bonus

Horse racing rebates: Offline and online

Offering bettors flat rate rebates on bets — win or lose — has been a popular way to offer loyalty rewards for many years. This (live) betting offers return between 3% and 10%, depending on the type of bet (singles, multiples, trifectas and so on) and the amount you bet.

While many gray-market bookmakers offer flat rate rebates, the risks associated with betting at these books make them dangerous for informed bettors.

What you will find from legal horse betting sites is a mix of welcome offers and ongoing loyalty rewards that take the place of rebates. These promotions cover regular and occasional bets. You might also find special loyalty programs aimed at high rollers.

Examples of rebates and promos available at the three biggest legal online horse racing sites

#1TVG: Use promo code LSRTVG to claim a risk-free bet of up to $200 on your first single wager. Earn credits for every bet, which can then can become wager rewards. TVG promos include sweepstakes, free past performance reports, and cashback for three out of four picks.

#2 BetAmerica: You can get a 100% matched welcome bonus, up to $100. Customers earn points for each bet they make. Promos include VIP Daymaker, where losing bettors can get their stake back on their star selection, plus specials for the big races.

#3 TwinSpires: Get $20 in bonus bets for every $100 in bets (up to $100 max). Loyalty points scheme gives regular bettors additional free bets, separate VIP scheme for high rollers. It offers a long list of promos including “Winsurance,” “Bet Back” and added prize money offers.

Welcome offers at online racebooks

Online racebooks compete for business by offering a welcome deal for new customers. These take the form of matched welcome bonuses or occasionally a free bets bonus.

An excellent example of a welcome bonus is at TwinSpires, which offers a $100 bonus to all customers. This is a straightforward bonus that awards the customer in increments of $20 every time he or she bets $100 at the site.

There is no expiration on this bonus. You must make an initial deposit, keep betting, and the full $100 bonus will be yours. High rollers might want to place a $500 bet immediately and claim the $100 right away, while others might want to place 50 bets of $10 over a few weeks.

While this looks like a 20% rebate, you need to account for the need to bet the bonus money before you can withdraw it.

100% matched bonus

One of the attractive welcome bonus offers featured by racebooks is a 100% match on your first deposit.

For example, when opening a new account at TVG, customers will receive a 100% match bonus up to $200.

The TVG matched bonus has no strict conditions attached to the bonus money – just as long as you use it for a bet. This makes it the equivalent of an instant rebate, win or lose.

Loyalty rewards

As well as creating offers to entice new customers, racebooks also offer a series of incentives to keep existing customers happy.

Most sites offer a loyalty scheme, where customers will earn points every time they bet. Once earning a certain amount of points, customers can convert them into cash and add it to their account.

A good example of a loyalty scheme is Wager Rewards at BetAmerica. By earning 1 point for every dollar wagered, and additional bonus points if placing exotic bets such as exactas and Pick 6 bets. Customers can convert these points into cash at any time.

The rebate potential for these loyalty schemes depends on the mix of bets made. While small in percentage terms, this money will add up over time, providing a bankroll boost.

High rollers can sometimes qualify for VIP schemes. By betting a certain amount, bettors can enjoy additional benefits such as special promotions and extra deposit bonuses. The biggest bettors can expect custom offers and even a dedicated host.

Horse racing rebates via cashback or bet insurance

Another way of rewarding customers is via cashback offers. This is much like insurance on bets involving multiple selections.

As an example of a cashback offer, a horse racing betting site will offer you a rebate on your stake should your selection finish second in a selected race. This kind of offer is usually only available for the bigger races, such as the Kentucky Derby, or the more significant lead-up races to the main events. Occasionally these offers extend to third place, too, with your stake returned to your account.

Insurance bets are slightly different, as they offer rebates when one leg of a combination bet doesn’t win. For example, if you enter a Pick 4 contest and only pick three of the winners, a promotion such as this will see you win your initial stake back as a rebate.

Best odds guaranteed

These are promotions mostly available at European sites that offer their own odds, as opposed to betting in a pari mutuel pool. You’ll usually have a choice of either taking the current odds offered by the site or taking the odds at the starting of the race (the starting price.)

With a “Best Odds Guaranteed” offer, you get the best of the two. If you opt for an early price and the odds do become longer, you’ll get those longer odds. If you took a price early and there is a lot of money for the horse, you’ll keep those longer odds.

Understanding bonus rollovers

At some sites, you’ll receive a bonus with rollover requirements. A rollover requirement is the number of times you’ll need to play through your account cash and the bonus funds before your bonus cash clears.

For example, you might sign up to a new site with a 100% deposit bonus with a 5x rollover requirement. If you then deposit $100, you’ll receive $100 in bonus cash. This means you’ll have to bet the total $200 five times to make the bonus cash yours. And, in this case, it’s $1,000 worth of betting.

Make sure you compare rollover requirements when deciding between bonuses. These affect the rebate potential for each of the offers.

Free past performances

Past performances are a key aspect of reading the form. You would usually pay for the opportunity of reading them. However, some online horse racing sites will offer past performances as an additional perk.

For example, at TVG, you can purchase a series of past performances. However, if you place a bet of at least $10 on the meeting in question, you’ll be reimbursed for the cost of this information.

Some sites will also offer free past performances to all members on selected races, especially at the largest race meetings.

Live streaming

In this day and age when there seems to be a cost attached to any streaming channel, racing fans can enjoy free streaming widely.

All of the three legal horse racing sites offer standard live streaming. You can watch any race you have placed a bet on, and many significant events you can watch in real-time.

Read the terms and conditions

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Whenever you sign up at a new site or take part in any bonus or promotion, check the terms and conditions (T&Cs) of both the site and the bonus in question. Yes, the T&Cs can seem a little long-winded at times, but you will find out valuable information.

For example, in the terms and conditions, you’ll find the expiration date for the bonus. You’ll also find out if there are any state restrictions when using a particular site.

Generally, you’ll find all of the terms and conditions above board. However, they can be useful in finding out if a bonus offer is not such a good one.

For example, if you read in the T&Cs that a bonus has a 50x rollover requirement, it’s pretty clear immediately that this offer probably is not as worthwhile.

What is an Online Bookmaker Welcome Bonus

As most of us already know, an online bookmaker welcome bonus is the first offer we can claim right after we create a new account. Usually, the most generous reward we can claim is the betting site welcome offer that will represent a match bonus to boost your balance, a free bet bonus or a risk-free bet. Don’t worry, we’re going to explain each type in the following sections.

Different Types of Welcome Offers

Deposit Bonus

The most common type of welcome offer contains a deposit bonus or match bonus as some bookies and players refer to it. This is, basically, a percentage applied to your initial deposit to boost your overall balance so that you can use higher stakes to boost your profit. If you want to check out how a great deposit offer for new customer looks like, bet365 has one of the best first deposit offers around right now. You can grab a 100% bonus up to £50 on your first deposit of £5 or more.

Free Bet Bonus

The free bet bonus offered to new customers is similar to the deposit bonus in terms of value, however, it is not applied immediately after you deposit. The bookies that have a free bet offer will issue the free bet after you make your first deposit and place your first wager on a certain odd. For example, you need to make a deposit of £20 or more and then place any bet you wish with a minimum odd of 1.4 and only after these conditions are met you receive the free bet bonus.

First Bet Refund Bonus

Also known as a risk-free bet, the first bet refund bonus is also aimed towards new customers and it’s like a safety net for punters. The first bet refund bet offer is created to reward players that place their first wager and it is a losing one. So, even if you didn’t have enough inspiration on your first bet, you get your stake, or a part of it, back. You can access a very advantageous first bet refund bonus at Novibet and enjoy the thrill of betting without the possibility of losing.

Online Bookmakers Welcome Bonus Terms

After listing all the different types of bonuses you can expect to find at online bookmakers these days, it’s time to go into a thorough analysis of the terms and conditions that come with these bonuses. This is the part that most punters hate or avoid, however, knowing your way with terms like wagering requirements, minimum odds or validity period will have a positive impact on your betting experience. Also, it will enable you to know exactly what type of bonus to claim and make it easier to cash out. Even though it’s natural to focus only on supporting your favourite team side of betting, it’s also important to fully understand the terms of each bonus you claim.

Minimum Deposit

When taking a quick look at any Bonus Terms & Conditions, the first piece of info you’re going to see concerns the minimum deposit. This is the lowest amount you can deposit to claim the bonus offered by the bookmaker. While most of them have a low minimum deposit, bet365 requires a £5 deposit to grab the welcome bonus, you can also find bookies with minimum deposit requirements of £20 or more.

Betting Site With Welcome Bonus Codes

Minimum Qualifying Bet

Another thing to pay attention to is the difference between ‘Minimum deposit” and the “Minimum Qualifying Bet”. The minimum deposit is applied for deposit bonuses that instantly add the bonus to your stake while the minimum qualifying bet refers to the amount of the first bet that makes you eligible for either a risk-free bet or a free bet. For example, to claim the William Hill welcome offer with £30 free bet you need to have qualifying bets of at least £10 while the overall minimum amount you can use is lower than that.

Wagering Requirements

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If the minimum deposit part is pretty straight forward, the details about wagering requirements are trickier and you should always pay attention to this section. You can have wagering requirements on a new customer deposit bonus, for example. Claiming the bet365 welcome offer with the 100% bonus up to £100 you will have a wagering requirement of 1x before you can use the bonus funds for betting. This means placing a bet equal with the value of your deposit, at a minimum odd of 1.5 or greater.

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Validity Period

Each type of welcome bonus you claim has a certain validity period. And this period of time can refer to two different things. It can refer to the time period in which you can access the bonus after creating the account. Or, it can refer to the period in which you can meet the wagering requirements before the bonus expires.

Payment Options Restrictions

Another thing to take into consideration when claiming a bookie deposit bonus, refers to compatibility with certain payment options. For example, if you’re depositing with Skrill or Neteller, most bookmakers won’t be able to grant the welcome bonus. That’s the case for big bookies like bet365 or William Hill.

New Bookmakers Betting Offers

Betting with a boosted balance from the first deposit bonus is the best way to start your new adventure at an online bookmaker. This is the biggest bonus you’re going to be able to claim at a bookie so you want to make the most out of it. To make sure you’re getting all the new betting offers, keep a close eye on all the bonuses we offer from fresh bookmakers on the market because that’s where you’re going to get the most value. You’re allowed to create accounts at several bookies so it makes a lot of sense to do so when you’re after the best registration offers. And since the new online bookmakers offers are being updated all the time, you should make sure to check this page from time to time and stay updated with all the best deals you can grab. To give you all the assistance we can give, we are constantly monitoring all the new bookies bonus deals as well as those from betting sites that are on the market for some time, extracting and listing all the offers and rewards you can claim.

Best Online Bookmakers Offers

So far we’ve addressed pretty much every aspect related to new customer bonuses. From defining each type of bonus, going through the most relevant terms and conditions to study before claiming one and how to take advantage of big bonuses all the time, we covered everything. But we couldn’t close this article without giving you the most valuable information when it comes to the best betting bonuses - where to find them!If you’re already trying to figure out the answer on your own, we’re going to give you a little hint: you’re looking at it. This website right here, and this page, in particular, are the best places where you should always check for the best online bookmakers offers. Since browsing from one bookie to another to check their offers can be extremely time consuming and not to mention boring, we are taking care of this aspect for you. Carefully scanning all the best bookies welcome offers and creating exhaustive lists and tables with all the finest deals you can access.Besides the advantage of having all the offers from new and established bookmakers in front of you, accessible with only one click, you can also take advantage of some exclusive betting offers that we negotiated with the bookmakers. Providing the best possible offers and an excellent betting experience is our main goal and that’s why we arranged special bonuses with the bookies. The only thing you need to do to claim these special bonuses is creating an account from the website and you’re set for an excellent adventure.