However, using a signup offer to increase your sports betting winnings has its caveats – the key among them being that not all signup offers are right for you.
Thus, it takes a bit of work to figure out which offers you should take and which ones you should avoid. Your choice of offer should also come down to your betting experience. For example, if a wager has high odds attached to it, a novice punter might have a hard time making the most out of it. You can get a better idea of the market by checking the best betting joining offers and decide which one aligns with your goals. This guide takes you through what such sites look at when narrowing down on the best deals so you, too, can learn how to sort the wheat from the chaff:
1. Will you need to wager your deposit?
Bookies have terms tied to bonuses and they refer to these as wagering requirements. In some cases, you find that a website dictates that you must also wager your deposit plus the bonus for you to have access to winnings from the bonus. So, if a site offers you a bonus of $50 after you have deposited $100, you will need to wager $150 to access winnings from the bonus. If you are a skilled punter, this should not be an issue. But if you are new to placing large wagers, this could set you back.
2. What is the site's reputation?
A bookie might have the best signup offer on the market. But does it have a good reputation? The reputation of the site dictates how it handles its clients and how it will deal with you if you are unhappy with the bonus. So, review your options based on:
- Is the site licensed?
- Does it garner good reviews from other players?
- How many betting markets does it serve?
- What payment methods are available?
- How does the customer service interact with clients?
Also, go with your gut. If you do not have a good feeling about a site, you should not play with it – there are so many options available, and you do not need to settle.