Football betting has been around for a long time, almost as long as the sport itself. However, once online sports betting became a thing, all sorts of possibilities opened up. The whole hobby became way more accessible, and anyone with a PC or a smartphone nowadays can easily place wagers on matches.
In other words, people no longer need to be physically present in a betting shop to play, they can do it on the go. Another thing that changes are generous incentives like Virgin Bet Bonus that online betting uses to make the whole experience more enjoyable. Here we will go over, some of these football betting bonuses that you can encounter when playing online.
Deposit Bonus
In order to start betting your online account needs to be funded, and this can be done via debit card, e-wallet, bank transfer, etc Meaning you need to make a deposit before you can start using your account. The deposit bonus is usually available for the new users and becomes active right after you load the funds for the first time.
These deposit bonuses vary based on a provider and also based on the size of the deposit you make. Somewhere all you need is a $10 deposit to qualify for a $50 bonus whereas other providers might have a double deposit bonus. This double deposit usually caps at a certain point, let’s say $1,000, and if, for example, your initial deposit is $300 you will get $300 extra on your account. Bear in mind that these funds cannot be withdrawn, the bonus you get is exclusively for placing wagers. However, should you win, you are fully entitled to your winnings.
Because of these bonuses, people tend to have more accounts with different providers in order to fully utilize these offers and to place bets with just minor investments.
No Deposit Bonus
You should have a pretty good idea of what no deposit bonus implies. This is a bonus you will get immediately after creating a new account for online betting. Once again, this is not the money you can withdraw, you can only use it to place wagers and in case you win, then you get the prize money.
However remember to always go through the terms and conditions of the platform, to avoid any potential confusion. Winnings generated through no deposit bonus might require you to make a deposit first before you can withdraw them.
Free Bet
Whenever there is a big sports event like the World Championship, or Super Bowl, for example, you can expect to see a lot of free bet promotions. This is because sportsbooks want to promote their brand and draw in more users who are riding the hype train. You might be required to create an account, or they might give you a code you can use to place a free bet for a specific event.
It is also possible to see refund offers, and/or so-called money-back specials, as they are very similar to free bets. These specials might be tied to a specific type of bet, like guessing who will score the first goal in the match. Alternatively, there can be a condition that needs to be met for you to be eligible for the refund, like the game ending goalless.
Reload Bonus
Finally, a reload bonus is meant for those who have not used the app or account for some time or simply for those who were loyal. Only an existing member is eligible for it, and they need to make another deposit or reload their account to get the bonus.