The UK Gambling industry is absolutely huge at the moment and there is over 50 different online bookies who want you to bet with them . To entice you to choose them over their competitions they almost all of them offer Welcome Bonuses, and this is your chance to get some risk free cash.
I think it is completely inadvisable to pick one bookies and stick with them through thick and thin, first because they may have the best odds as an average but no bookies has the best odds on every event, all of the time, so use the websites that are out there which find you the best odds and then go with them.
Another reason that you shouldn’t pick a bookie and set up camp their is because of the host of Welcome Bonuses that are on offer. As an example here are a few of the biggest Welcome Bonuses that are out there right now.
Bet365 – £200
Winner – £200
Ladbrokes – £50
Paddy Power – Bet £10 get £30 free bet
TonyBet – £100
BetVictor – £50
In just 6 options there, you can gain over £500 in free bets, £500!!!! FREE!! Now before undertaking these free bets you need to make these considerations…
Terms and Conditions!!!
Always, always, ALWAYS, check the terms and conditions of the welcome offer, here you will find essential details on gaining the offer and how to use it, if you don’t read them you risk losing money and never triggering the offer which would be foolish to do. Here are some key points you should look for when reading the t’s and c’s.
What Do I Need To Do?
It sounds basic but all bookies offer different requirements for what you have to do to gain the offer. Is it a deposit bonus where you simply need to deposit a certain amount and they’ll match it. Alternatively it could be a first bet offer where you need to place a certain amount on your first bet to gain a free bet. Another option is that they may require you to place X amount of bets of X money and they’ll give you a free bet. Some bookmakers even offer a 50% match on your first bet so work out how much you need to bet to get the most out of it.
Imperative that you check the minimum odds for both your qualifying bet and for your free bet, most will ask you to stake on odds of at least 1/2 (1.5) for your qualifying bet and odds of at least evens (2.0) for your free bet/money. This is in general but there are many bookies that require a variety of odds so check them out. This is super important as if you place a bet at lower odds than they ask, you are no longer new, and you no longer qualify for a welcome offer.
Rollover is important, this is where you have to bet the free stake more than once. For example if you gain a £10 free bet and the rollover requirement is 5x free bet you will have to stake your free bet 5 times thus placing £50 in bets.
Free Bet or Free Money?
Free bets are what you’ll usually receive but some bookies actually offer deposit bonuses, the example I gave before about bet365, they will match your initial deposit up to a maximum of £200 which gives you an awesome opportunity to make some risk free cash. Now most bookies that offer matched deposits will have tighter rules when it comes to rollover requirements and minimum odds, so as I mentioned before be very careful, and check your t’s and c’s before starting.