Bonus, promotions, and offers are the marketing tools for online bookmakers to draw the attention of players and make them signup with their site. There is no dearth of Indian-friendly bookies that welcomes sports punters from India and offer them plenty of sporting betting markets with a range of bonuses. But, it is not 100% guaranteed that all offered bonuses are worth to you. So, you must evaluate different promotions considering all vital factors before claiming them.
Here are 5 factors that will help you with better evaluation of sports betting signup bonus –
The signup bonus amount may vary from one sports betting sites to another. For example, one bookmaker may offer you £10 in free bets, while others extend it up to £100. It also depends on the minimum deposit amount allowed by a specific bookmaker to claim the signup bonus.
Each bookmaker has certain minimum deposit limits below which registered users cannot deposit the funds. It is not necessary that the minimum banking deposit and minimum deposit value required to release the bonus will always be the same.
This is the most important factor that you must consider while evaluating a signup offer. A wagering requirement refers to the qualifying bet you have to place before withdrawing the received bonus. It may vary from 4 times to 50 times the initial bet.
There are certain time constraints applied by the bookmakers on bonuses. For example, some sportsbook provides special offers on cricket tournaments for a specific month to let punters earn money with cricket betting online. So, check how long the bonus is valid for and within how many days you have to satisfy the wagering requirement.
Just like deposit limits, there are certain winning limits imposed by bookmakers. To determine the minimum and maximum win cap of a particular signup bonus, view the associated terms and conditions. This is highly important when you are using the bonus to place an accumulator or multiple bets.
Based on these factors, you can better compare various signup offers and choose the most profitable one.