Not too long ago, if someone wanted to bet on the horses or a football game, they have to take a trip out to the track or phone up their local bookie. When online betting arrived in Canada, it completely revolutionised the betting industry. While the demand for sports betting has never been higher, people just don’t have the time to visit the track or visit their local bookmaker. Today online betting allows Canadians to place any number of online bets on any sport at any time. With the introduction of mobile betting, Canadians can even place online bets from their tablet or smartphone. There are countless benefits to online betting, but for most people, the best part of online betting is the promotions and free bets that betting sites offer.
Free Bets Explained
For those who are new to online betting, free bets are basically promotions that betting sites offer where a bettor will receive either a small cash reward or one or two no-cash bets. If you are wondering why betting sites offer free promotions, the answer is simple. With so many online bookmakers out there, competition can be quite fierce. One of the best ways for a bookmaker to draw in a new bettor and retain his business is to offer unbeatable sign-up deals and continuing promotions. There is no guarantee that a bettor will stick with a particular betting site, but at the end of the day, they have succeeded in getting you to place a bet and experience their service.
Types of Free Bets & Promotions
In Canada, there are a number of different types of free bets and bonuses that online bookmakers offer. The best free bets are usually offered to new members and first time depositors.
- Deposit bonus – This is probably the most common type of free promotion that bettors will come across. In order to qualify for this promotion, bettors have to sign up with a particular online betting site and make a deposit into their betting account. In return the betting site will match your initial deposit amount usually up to a limit of 200 Dollars.
- Free Bets Bonus – A bet bonus is a type of free bonus given to bettors when they place their first bet. This is usually a numerical value such as 15 Dollar for every 100 Dollars a person bets. This type of promotion can also be offered as a match bet where the site will match the amount of a person’s first bet.
- Sign-up Bonus – A sign up bonus is similar to a deposit bonus but does not require a bettor to make a deposit. A bettor is rewarded simply for creating an account. Online betting sites usually reward bettors with a small free deposit that bettors can use to place on any bet offered at the site.
If you look online, you will find that there are many variations on each of these cricket betting promotions, each site will have a different promotion or bonus to try and make it stand out from the rest. Most promotions also have a very strict set of betting rules that need to be adhered to before a bettor can withdraw their winning from any free promotion or bet