What Are The Many Forms Of Welcome Bonuses In 12 Bet Login?
It is critical for players who want to use a welcome bonus to know what the procedure is and what types of welcome bonuses are available.
12 Bet Login have compiled a list with a brief summary of the various types of welcome bonuses that betting companies typically provide.
Bonus Bet
A free bet is when you receive money from a betting site in order to place a wager. If you win your bet, you keep your earnings, but the betting site will deduct the amount they paid you for the free bet. When you get a free bet from a betting site, there is usually a wagering requirement.
Here's an example of a free bet:
- You have a welcome bonus of £10 in free bets.
- You bet £10 on the home team to win a game. The odds on the home team prevailing are 1/1, which means if they win, you will receive £20.
- If the home team wins, you receive £10; if the home team loses, you receive nothing.
Risk Bonus Bet
A risk-free bet is one of the most popular types of welcome bonus. It's exactly what it sounds like: a risk-free bet. You can bet without putting any of your own money at risk. In addition, if you lose the bet, you will receive the original amount wagered back. If you win a risk-free wager, you get to retain the entire amount. When it comes to risk-free bets, it's crucial to understand that there's usually a wagering requirement to meet.
A risk-free bet would be:
- You will receive a risk-free bet of up to £35 as a bonus.
- You place a £35 wager on the home team to win a match. The odds on the host team winning are 2.00, which means you might win £70 in total.
- The home team wins, and you get £70 back / if the home team loses, you will receive £35.
Free Bet with No Deposit
A no deposit free wager is when you are offered a specific amount to wager with for free. The betting site will determine how much you can wager. The only thing you'll need to do is register. A no deposit free bet is often worth £5-£10 as a welcome bonus.
An example of a free bet with no deposit:
- You are given a £10 no-deposit free bet.
- You place a £10 wager on the home team to win a game. The odds for the host team to win are 1/1, which means you might earn £20 in total.
- If the home team wins, you will receive £20 / if the home team loses, you will receive nothing.