When it comes to saving money and getting the best bang for our buck, it doesn’t matter if it’s online gaming, concert tickets, groceries, or insurance. We always like to make sure we are getting value for money.
One favorite pastime that isn’t unique to saving money is gambling. Most of us all love to have a cheeky wager on Sunday’s game or even have a play on a slot in Vegas. There are many benefits to gambling online, and one of the best examples is promotions. Betting in person, at a sportsbook or casino is a lot of fun, but you do not get the same bonuses when you walk into the building. Most of the major online sportsbooks run promotions, many of which are targeted toward new players. The question is, should you claim free promos online?
Why Do Sportsbooks Offer Bonuses?
Before we look more closely at some specific promos and why you should claim them, it is important to note the reasons online sportsbook offer bonuses. The online gambling industry is an extremely competitive place, and when conducting an online search for a sportsbook, you will be met with several options. It can be tough to decide which online sportsbook to join, and one of the ways they will tempt you is by offering a free promo. If you were going to buy a new item of clothing and it is priced the same in two different stores, but one store offered you another item of clothing for free, you would go with the promotional offer. The same applies to online sportsbooks, and they aim to get your attention in a highly competitive market.
Types of Promotion
The most common type of online sportsbook promo is the deposit bonus. This is also known in the industry as a free bet promotion. All you must do to claim the offer is to create a new account at the sportsbook and make your first deposit. There is usually a minimum deposit limit for the bonus to be activated, but it is never a huge amount. We found the latest DraftKings promo code on the Gambling Promo Codes site, and this is a tremendous example of a deposit bonus. The DraftKings promo is worth up to $1,000, and there is no promo code required. You can opt into the promotion when creating your account on the website. When you make your first deposit, you will receive a free bet worth 20% of the value of the deposit. So, if you want to claim the full $1,000 bonus, you will need to make a first deposit of $5,000. You can deposit any amount you like, if it is $5 or more, to claim the promo.
Some of the other leading online sportsbook promotions include free first bets and money back on losing bets. Again, these tend to target new players only, and you must open a new account to claim the offers.
Why Only Claim One Promo?
If you are planning to have a wager on a sporting event, it makes sense to take advantage of a free promo. Even if you are only going to deposit $20, using the example above, you would still receive a free bet bonus of $5, which you can use to have another bet. You do not have to pay anything extra to receive the bonus funds, so you should always claim online sportsbook promos. For those who regularly bet online, you do not have to stop at one bonus. You can choose to join as many online sportsbooks as you like, so why not claim all the promotions? Even if you have a preferred online sportsbook, it does no harm to join another one, even if it is only to claim the welcome bonus. You could save yourself a lot of money by claiming the bonuses at multiple online sportsbooks and using the free bets.
You should always try and claim the free promos when betting online. If you are planning to have a wager on a sporting event, it makes sense to use the promo and enjoy an additional free bet at no extra cost.
