There are even more different types of bonuses than we’ve broken down here, such as no-deposit offers, where bettors can get $10-$30 in free bets just for signing up without having to make a deposit. The no-deposit bonus is probably one of the best overall promotions because it requires no financial stake from the bettor whatsoever.
The small number for the free bet means that these offers are not likely to entice sharps and experienced bettors, so the no-deposit offer is a good one to look for if you’re just getting started betting or don’t want to dive in with two feet financially.
The free bet is another one that is good for punters just starting off in the wide world of sports betting, because it keeps you focused on one bet at a time and allows you to make a wager without any risk.
The signup bonus is also good for those that are just starting off but, like the odds boost, they can even be more lucrative for those that like to float around and use many different sportsbooks to get their betting done. That way, you can cash in on as many signup bonuses and odds boosts from different sites as you can.
The reload bonus is probably one of the most attractive bonuses for the more regular and experienced bettors, because these are the people that will be making deposits more often and therefore reaping the benefits of the reload bonus. It rewards loyalty, and those that are loyal love that.
Bonus cash is another promotion that would appeal to sharps because there are less restrictions on how they can spread that cash across the different betting markets that they have their eyes on. Sharps want more freedom, beginners want reduced risk