Online sportsbook bonuses can be very lucrative for new players, but it is important to understand that every online sportsbook bonus will come with clearing conditions that you must meet prior to either receiving or withdrawing your bonus.
Below I will look at the different terms you should look for in a bonus offering. These include:
- Minimum Deposit Required
- Betting Rollover Requirements
- Expiration
- Withdrawal Terms
Minimum Deposit Requirement
Most deposit bonuses will have a minimum deposit that you must make in order to receive the bonus. This can be as small as $20 or the standard deposit minimum at a betting site, or it can be a higher amount. For example at Bookmaker.eu you must deposit a minimum of $100 to trigger their bonus offerings. It’s important to find out what the minimum deposit is to trigger the bonus so you don’t make a deposit that is too small and lose your shot at an initial deposit bonus all together.
Rollover Requirements (Clearing Requirements)
Every online sportsbook bonus will have rollover requirements that must be met. The easiest way to explain rollover requirements would be with an example. Bovada.lv, for example, requires that the initial deposit plus the bonus be rolled over five times before a withdrawal can be requested. If an initial deposit of $100 was made and a $100 bonus added to the account, then $1000 worth of bets would have to be placed before the rollover requirements were met ($200 x 5). The bets can be made over time, with winning bets enabling you to rollover bonuses quite easily.
Some other rollover requirements may include where the initial deposit must wagered through before the free bets are added to your account. Bookmaker.eu requires a bonus rollover of five times, while BetOnline.ag requires a ten times bonus rollover.
Expiry
Some online sportsbook bonuses will also expire if they are not cleared within the required amount of time. The BetOnline.ag free plays expire 30 days after they are added to your account. Make sure you read the bonus terms & conditions to make sure you get your bonus cleared in time.
Withdrawals Prior To Clearing
Most online sportsbook bonuses will be forfeit if you make a withdrawal before the rollover requirements have been met. Once again, make sure that you check that out before withdrawing and losing your bonus.
**The majority of online sportsbooks will allow withdrawals before the bonus has been cleared (some will not), but you would forfeit the bonus and any winnings attained from the wagering of the bonus.
Top Online Sportsbook Bonuses
The top online sportsbook bonus is offered by BetOnline.
BetOnline.ag is another great bonus, but for a different reason. BetOnline offers a 25% matching bonus up to $250 on all reloads. This is in addition to their 50% up to $1000 first deposit bonus. The clearing requirements aren’t great, but the ability to continue to receive bonuses on each subsequent deposit is a great offer for some players. Visit BetOnline.ag now to claim your bonus!