What are Sports Betting Bonus Code Promotions?
Sports betting promotions are special offers and deals that are made available by online sportsbooks. They come in a variety of shapes and sizes. But in all cases, they are provided by sports betting companies to attract new customers.
There are millions of sports betting enthusiasts in the world. And there are also quite a few sportsbooks. That means the bookies have to sweeten their offering in whatever way they can. And that’s why online sports bettors can now help themselves to a multitude of bonuses, free bets, risk-free bets and other valuable promotions.
Types of Sports Betting Bonus Code Promotions
Sports betting promotions come in a variety of formats. Some are designed to encourage bettors to simply sign up with a sportsbook. Others reward bettors who make their first deposit. All types of promotions can be very useful to discerning sports betting fans. So here are the three that you’re likely to come across most often.
Free Bet Promotions
This is the least common sports betting promotion because it requires very little from you as the bettor. The deal here is simple. Sign up for a new account with a sportsbook and you’ll be given a credit for a free bet. That free bet won’t be worth much more than a few dollars. And you will probably only be able to use it on a specified event. Even so, getting a free bet just for signing up is a pretty good deal. And if it wins, you’ll be all set to place a second bet with the profit!
Risk-Free Bet Promotions
A risk-free bet promotion sounds like a free bet, but it isn’t. A free bet, as discussed a few moments ago, doesn’t require you to deposit any of your own money. A risk-free bet, on the other hand, requires you to make a deposit and place a bet with your own cash. If your first bet wins, no bonus is given. However, if your first bet loses, your lost stake will be refunded to you in the form of one or more free bets.
The advantage of this kind of promotion is that it puts you in a no-lose situation. At least as far as your first bet with the sportsbook is concerned. That means you could - if you wanted - be a little braver with your first bet than you might be otherwise. Or you could simply bet as normal and use the risk-free bet as a useful safety net. Just in case things don’t quite go to plan.
Deposit Bonus Promotions
The deposit bonus promotion also requires you to make a deposit of your own money, hence its name. However, this type of promotion will give you additional funds to bet with instead of a risk-free bet. Typically, a deposit bonus is stated as a percentage and has a maximum value. For example, a 100% bonus of up to $1,000 would match the value of your first deposit, up to a maximum of $1,000. Deposit $500 and you’d get an extra $500 of bonus funds, and so on.
How Do Sports Betting Bonus Code Promotions Work?
Sports betting promotions aren’t usually given automatically. Instead, you as a bettor must ‘opt in’ or ‘claim’ the offer. You do this by providing a promo code when you sign up or make your first deposit. Promo codes (which are also known as bonus codes) can be generic in nature, or they can be specific to a certain group of people. For example, visitors to this website can take advantage of promo codes that are unique to us. That will give you access to exclusive promotional offers that you simply won’t find anywhere else.
When you have provided the bonus code as instructed, the sportsbook will then opt you into the promotion. As long as you comply with the terms and conditions (which will be discussed a little later) the bonus will be processed on your behalf automatically.
How to Find and Use Betting Bonus Codes
There are obviously quite a few benefits to sports betting promotions. So the big question is how to find and use those all-important top bet promotional codes. Well, if you want to do things the old-fashioned way, you could visit every online sportsbook you can think of, browse through all of their pages and make a note of any bonus codes that you find on the way. Or, if you prefer to make life easy on yourself, you can take advantage of the fact that we’ve done everything for you already!
Here at How To Bet, we’ve made it as easy as possible for you to find all the promo codes you’ll ever need. There are plenty of codes on this page, but here’s how to find the latest promo codes for specific states and sportsbooks.
First of all you need to understand that the promotions and betting codes from pennsylvania will only apply to PA betting locations, and will be different from the sportbook promotions applied in New Jersey for example. So thats why we created our state selector:
The How To Bet State Selector
For specific states, click on the MENU button in the navigation bar at the top of this page. Then click the + sign next to the FREE BETS AND BONUS CODES category. This will pull down a list of states which currently allow online sports betting. Select the state you are interested in, and you will be taken to a page showing the current free bets and bonus codes of sportsbooks in that state.
You can also use the same menu to view our independent reviews of all the sportsbooks operating in a given state. Simply navigate to the state you are interested in, as described a moment ago, and then click the + sign alongside it. This will pull down a list of sportsbooks operating in that state. Click any sportsbook name to see its review.
The How To Bet Betting Bonus Codes Copy Button
When reading our reviews of online sportsbooks, note that there is a COPY button next to the betting bonus codes that are given. Click that button and the promo code will be copied to the clipboard of your computer so that it can be pasted into the required field when you sign up for a new account with that sportsbook. Having copied the promo code, click CLAIM NOW to be instantly transported to the sportsbook in question.
Terms and Conditions for Betting Bonus Codes
Any sportsbook that offers free bets or bonus funds for promotional purposes is potentially opening itself up to all kinds of abuse. For example, someone could make a deposit to get a 100% bonus and then immediately withdraw their deposit and the bonus funds without placing a single bet. To protect themselves against that kind of abuse, sportsbooks always made promotions available subject to certain terms and conditions being met.
The terms and conditions vary according to the promotion being offered and the sportsbook which offers it. In all cases, their aim is to make things fair for all concerned. However, it is still important that you familiarize yourself with them so that you know what you can and cannot do with any bonus you claim. For example, you will probably need to use bonus cash or free bets on outcomes at certain minimum odds. You might also need to wager the bonus several times before you can withdraw it. Knowing these things will ensure that you get the most out of your bonus and that you don’t accidentally forfeit it.
How to Sign Up with an Online Sportsbook
In order to take advantage of any sports betting promotion, you will need to open a new account with the issuing sportsbook. This is fortunately very easy to do. The only information you need to provide is that which is needed to verify your identity. This helps the sportsbook to be sure that you are in a state which allows online sports betting and that you are of legal age to participate.
Expect to provide your name, address, email address and so on. If your bonus code is required during the sign-up process, simply enter it manually or paste it from your clipboard if you have used the How To Bet copy button.
All online sportsbooks make it as easy as possible for you to provide all of this information. Most do so by providing a simple online form that takes just a minute or two to complete and submit. In most cases, your account will be up and running straight away.
How to Make Your First Online Sportsbook Deposit
When your new sportsbook account is live, you may need to make a first deposit to claim your bonus. If so, this is even easier than signing up. Simply head to the banking area of the sportsbook and select the option to make a deposit. Then choose a method of deposit (such as credit card or PayPal) and enter your details. Enter the amount you want to deposit and provide the bonus code required by the promotion you are looking to take advantage of. Your deposit will then be processed, and in most cases your cash will appear in your sportsbook account within a minute or two.
How to Use Multiple Sports Betting Bonus Codes
There are so many sports betting promotions around that choosing between them can be quite a challenge. The good news is that you don’t have to. There is no law against signing up with several different sportsbooks at the same time, so if your state has three or four, you could join all of them. That would allow you to take advantage of multiple betting bonus codes and also give you a greater choice of odds and markets for betting purposes.