The best type of bonus for new players in the UK

It's always unnerving to sign up for something new when you do not know what you're getting yourself into. Online casinos and sportsbook site operators recognize this and have various mechanisms to entice players. The most common way to get players to sign up to online gambling sites is bonuses. But are these freebies beneficial to you, or are they just an underhand ploy to swindle you out of your hard-earned money? We took a detailed look at this question and presented our findings in this article.

Types of bonus offers

The UK online gambling market is one of the most advanced in the world. In 2019, the Gross Gambling Yield (GGY) for this market stood at over 14 billion pounds. Now, no market gets to be this size without the experience and far-reaching expertise of the principal players. The operators of this juggernaut know what players want, and its online bonuses. Below, we have listed the various types you find in UK online gambling sites.

Deposit match

The deposit match bonus is one of the most popular in online gambling sites. Its attraction is in its simplicity because you find it in almost every online casino and sportsbook in the UK. To receive this offer, you first need to deposit a minimum amount into your live account. The sportsbook will then match this offer with a predetermined percentage. For example, a common offer you may see online is a 100% deposit match bonus of up to 1,000 pounds. This means the sports betting site will match your deposit, dollar for dollar, up to a value of 1,000 pounds.

As we have mentioned before, the advantage of the deposit match bonus lies in its simplicity. It is a common offer, so you will not have challenges understanding the terms and conditions. The deposit match bonus is also available whether you win or not. This is not always the case as you will discover later in this article.

Free bets

A recent study showed that consumers are more willing to sign up for a service if they can get a reward. Online gambling sites entice players with free bets in exchange for patronage. The free bet offer rewards all new players with bonus credit that they can use to wager on the games in the sportsbook. This bonus usually comes with odds restrictions that must be met or else it is removed.

Finding legitimate sites that offer free bet promotions can be difficult. As you would imagine, this is a popular bonus type and can be easily manipulated by shady online gambling site operators. So we research out the best free bets UK seen on safebettingsites if you are looking for a great deal. These offers are carefully vetted to ensure that you will not be swindled out of your money.

Risk-free bet

The risk-free bet is another popular bonus type you will find in most sports betting sites in the UK. It gives you access to risk-free play on your initial bet after signing up for a new account. The outcome of that bet will dictate whether you receive the bonus. If the initial bet wins, you will receive nothing. The sportsbook will only credit your account with free bets if the initial wager results in a net loss.

The best bonus type - Our expert opinion

First, let's get one thing straight. There are always merits and demerits to claiming any bonus type. There is no holy grail bonus that ensures your advantage all the time. That said, they are specific bonuses that give you some advantage in the casino sites in the UK.

Given an option, we would always go for the free bet bonus. This is a no deposit offer you receive just for signing up. This means you have nothing tying you to this offer. It makes it simpler to walk away if things don't work out. You would have a hard time doing that with a deposit match bonus, for instance, since you have already committed by depositing your hard-earned funds.

Wagering Requirements

Bonuses usually come associated with wagering requirements. This is just one other way sportsbooks try to recover some of the money that you win. You need to familiarize yourself with the specific bonus terms and conditions if you are to wager it successfully. Failure to do this will not only cost you your bonus, but also any winnings that you would have accumulated to that point.

Conclusion

Bonuses are commonplace on online gambling sites, yes! But this doesn't mean every offer you come across is good for you. You need to consider the specific bonus terms and conditions and if they fit your gambling goals overall. Only then can you claim and offer and use it to your benefit while betting online.

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