It is clear that bookmakers have made a big splash in the Asian market. With hundreds of companies in operation seeking to attract customers, they need to offer players good conditions to stand out from the competition. As a result, there are more and more bonuses and promotions available on these platforms.
Here, we will explain 5 types of bookmaker bonuses, using the Bizbet platform as a reference. In addition to offers for new users, there are also many conditions offered to keep players loyal to the company.
Bizbet Welcome bonus
The Welcome Bonus is the gateway to attracting customers to bookmakers, which is why it is one of the most common among all companies in the segment. How they work is simple: from the player’s first deposit, the bookmaker adds a percentage to the balance.
Usually, the percentage is 100%, which means that the deposit amount is doubled. In this case, the promotional balance must be used in accumulator bets before it can be converted into a real balance. Therefore, all bets have good odds, which can further maximize winnings from the promotion.
Weekly deposit bonus
Bookmakers select certain days of the week to award deposit bonuses to players. Then, all customers who deposit a certain minimum amount on that day receive an additional percentage. The amounts are smaller than those of the welcome bonus, but considering that the promotion is recurring, it becomes a great option for players who have already been won over by the platform.
Another feature of this type of promotion is that the deadline for fulfilling the conditions is shorter: usually 24 hours. Still, it’s worth it, since you can significantly increase your betting balance in a short time. There are several types of weekly promotions:
- Midweek deposits, usually with smaller amounts.
- Weekend deposits, where the deadline for fulfilling the conditions is longer, and some free spins on casino games are usually added.
- Weekly cashback, where the bookmaker returns part of the amount lost by players directly to their balance. A survey conducted in the USA showed that cashback is the preferred customer loyalty model.
Increased odds on accumulator bets
It is very common for bookmakers to offer special conditions for accumulator bets. In this type of bet, users bet on several lines at the same time, and all odds are multiplied. For the win to come, all lines must be correct.
With increased odds, another multiplier is added to the calculation of the final odds. The more lines the player adds to the bet, the higher the percentage. Thus, it is possible to achieve huge odds that bring exponential gains. One tip is to add several lines with small odds on events that are likely to happen, and then take advantage of the increased odds to improve the bet.
Usually, players themselves select which bet will have increased odds, with a limit of one per day. To do this, users need to check this option on the betting slip.
Promo Code store
Promo code stores are one of the most widely used ways to build customer loyalty at bookmakers. With each bet placed, players earn points that function as currency for this internal store, which is the Bizbet Promo Code Store.
These coins are then used to purchase promotional codes, which, when applied to the account, guarantee a bonus in the account balance for placing bets. There are general bonuses and also specific promo codes for certain sports or championships.
Lines with daily increased odds
Bookmakers also often offer increased odds on various sporting events every day. Players who pay attention to these conditions can bet on lines that are likely to come true, which would normally have low odds, but with a much higher chance of return.
The increased odds are prominently displayed on the bookmaker’s home page. From there, users can easily see the best value bets of the day. However, it is necessary to analyze whether they are really worth it, and not just bet because of the higher odds.
It is common for these enhanced odds to be offered on bets created with more than one specific factor within sporting events. For example, in football, a specific player from team A and another specific player from team B will take more than one shot on goal during the match.
Conditions for fulfilling the bonus
All bookmaker promotions have certain terms and conditions that all users should be aware of. Check the table for the main ones:
| Condition | What it is |
| Rollover | This is the number of times the amount won as promotional balance must be wagered in order for it to be converted into real balance. |
| Time | This is the deadline for completing the rollover |
| Minimum odds | Each bet placed with the bonus amount has minimum odds specified in the promotion terms. Normally, the value is around 1.40, which is very advantageous. |
| Sports | In some cases, especially in the promo code store, the bonus can only be used to bet on a specific sport. |