Get a Bonus For Every Deposit
In addtion to the usual sign up bonuses sportsbooks offer to new customers, they also peridocially offer reload bonuses to keep their customers betting on the site. Like the majority of bonuses offered by sports betting sites, sports reload bonuses are tied to rollover requirements, yet they are still welcome addtions to a bettor’s bankroll!
Sportsbooks & Reload Bonuses
How do they work?
A reload bonus is similar to a sign up or welcome bonus. As the name suggests, a reload bonus comes into play when the customer — that’s you — reloads their account balance by making another deposit.
Just like the sign up bonus, you will find reload bonuses range anywhere from 10%-100% of the amount you are reloading into your account. Often, there will be a minimum and maximum deposit amount associated with the bonus. You may even find reload bonus codes that give you a bigger bonus amount, although anything over 100% should be considered both rare and exceptional value.
Some sportsbooks offer larger bonuses the more you reload you account with. For example, you may receive a 100% up to $50 bonus for depositing $50, but a more substantial 50% up to $750 for larger deposits.
Aren’t Reload Bonuses For Losing Players?
A common misconception is that reload bonuses are only offered to losing players as sportsbooks attempt to keep them betting on sports. While this may to true to some degree, sports betting sites also offer winning bettors bonuses because they often have money tied up in futures bets, often for the length of an entire season. Since a future bet will not be paid out until the end of the season or tournament, these sports bettors usually must add funds to their account to fulfill their bets during the regular season or tournament.
Like the sign up bonus, a reload bonus is a win-win for the sports bettor and sportsbook. The sportsbook retains their players and the sports bettor receives more free money to play safely and conveniently online.
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