Understanding Betting Bonuses: Maximize Your Value

Betting bonuses can add serious value to your bankroll—if you know how to use them. This guide breaks down every type of bonus and shows you how to maximize their value while avoiding common traps.

Types of Betting Bonuses

1. Welcome/Deposit Match Bonuses

The most common type—the bookmaker matches a percentage of your first deposit.

• Example: 100% up to $100 means deposit $100, get $100 bonus
• Best for: Building your initial bankroll
• Watch for: Wagering requirements and time limits

2. Free Bets

Bookmaker gives you a bet that doesn't use your own money.

• Stake Returned: If you win, you keep the winnings plus the stake
• Stake Not Returned: You only keep the profit (more common)

3. Cashback/Rakeback

Get a percentage of your losses (or bets) returned.

Stake's VIP program offers up to 10% rakeback on all bets—win or lose. Use code faJ0Es7P to start earning immediately.

4. Reload Bonuses

Bonuses for existing customers on subsequent deposits. Usually smaller than welcome bonuses but with better terms.

Understanding Wagering Requirements

This is where most bettors get caught. Wagering requirements (also called rollover or playthrough) determine how much you must bet before withdrawing bonus funds.

Example: $100 bonus with 5x wagering = bet $500 total before withdrawal

Tips for Meeting Requirements:

• Focus on markets with lower margins (soccer 1X2, tennis)
• Use the full time limit—don't rush
• Track your progress carefully
• Avoid accumulators unless terms allow them

Bonus Hunting Best Practices

1. Read the full T&Cs - Every time, no exceptions
2. Calculate expected value - Is the bonus worth the requirements?
3. Don't deposit more than planned - Stick to your bankroll management
4. Keep records - Track bonus progress and expiry dates
5. One at a time - Focus on clearing one bonus before starting another

Our Recommended Bonus Strategy

1. Start with 1win's 500% bonus (code: betawards) for maximum starting value
2. Move to Stake (code: faJ0Es7P) for ongoing rakeback value
3. Use 1xBet (code: 1x_4199785) for best odds line shopping