You may not have the urge to make use of any type of betting bonus being offered to you as an incentive to sign up to a Bitcoin accepting betting site, for you will then be tied to a range of different rules and terms and conditions in regards to how you can use those bonuses.
However, if you want plenty of additional winning opportunities when betting on any sporting event, and also want to get the maximum value out of your bankroll, it may be worth making use of such bonuses.
With that in mind allow me to present to you the following guide, in which I am going to be letting you know just how wide and diverse the range of different bonuses are going to be on offer to you at various different betting sites online!
A free matched bet is often the initial bonus type of offer you will find on offer to you when you sign up to most betting sites. What you are obliged to do is to first place a bet with your own money, and win or lose once that bet has been settled you will then be given a free bet to the same value.
The value of the match bet could be limited to a certain amount, and you rarely get the stake money returned as part of the matched bet paid back out to you if it wins, you just get the win element of the bet paid out to you.
Deposit match bonuses may be on offer to you at various different betting sites, but one of the downsides of claiming such bankroll boosting bonuses is that you will always first be required to place a certain volume of wagers with those bonus funds before you can then cash anything out of your account.
As such those bonuses may not be as generous as they first may seem, for you will have to place several winning bets to be able to achieve the volume of wagers with your bonus credits.
Cash Back bonuses are often offered to loyal customers of some Bitcoin betting sites, and if you do make use of such a promotional offer if you place a bet which loses then you will receive your stake money back on that losing bet.
Obviously if your bet wins you will not have made a loss and therefore will not get anything back! Be aware though that some betting sites offer the “Cash Back” as real cash whilst some will simply give you bonus funds to the value of your cash back, which you will need to place at least one bet with before you can cash out any subsequent winnings.
The value of the cash back is also important to note for whilst some betting sites may offer you a 100% cash back type of bonus, some sites may award you a much lower percentage of your losses back.
You may also come across some betting sites that are going to have some type of loyalty scheme in place which may be similar in designed to a casino com club scheme.
As such when you do gamble at such a site you will earn points based on the total volume of your real money bets and wagers, and when you have saved up enough of those points you can then exchange them for a range of free bets or bonus betting credits.
But once again be aware there are often rules associated with some bonus credits which may require you to place a certain volume of wagers before you can cash out any winnings achieved.