An odds bonus can mean many different things. The common denominator for all odds bonuses is that they are all for betting on odds and usually sports betting. An odds bonus can be offered to both new and old customers and below we list some examples of what different odds bonuses can look like. A deposit bonus is exactly what it sounds like, a bonus on your deposit. A deposit bonus is usually offered to new customers at an online casino but can also be offered to old customers who have not made a deposit in a long time. A deposit bonus is usually about the gaming company matching your bet to a certain amount and a certain percentage.
A classic deposit bonus is that the gaming company matches your first deposit with 100% up to 1,000. This means that the online casino doubles your first deposit and gives you up to 1,000 in bonus money that has certain requirements before you can make a withdrawal. Another odds bonus is risk-free games, which means that the online casino will give you your bet back if you lose your game. A risk-free game is usually distributed to customers at specific sporting events such as major football matches. Risk-free play = money back in case of loss be sure to check how much money the online casino gives you risk-free play so you do not risk more than what the gaming company can pay back.
Usually a risk-free game is about 50 to 250. Sometimes you need to place another bet first before you can access the risk-free game. Free games many people mix free games with risk-free games, which is not entirely strange as there are two similar odds bonuses. What distinguishes free games from risk-free play is that you do not have to play for your money yourself. Free play is an odds bonus where the betting company gives you money to play for, completely free. Usually you need to wager the money you win on a free bet and usually free bets are about a hundred bucks.
Elevated odds or boosted odds as it is also called is an odds bonus where the betting company gives you extra good odds on an event. Elevated odds are usually offered for matches that betting companies know many customers are interested in and almost always the elevated odds are limited to a certain bet. An example of an increased odds could be that you get 8.00 on arsenal win instead of 2.00 and with a maximum bet of 100 for the increased odds. In addition, the profit on the increased odds usually has to be wagered before withdrawals are possible.