Deposit Bonuses

A Deposit Bonus is a common promotion in online sports betting where bettors receive a bonus amount based on a percentage of their deposit. This bonus aims to attract new customers and provide them with additional funds to wager. This type of bonus is typically offered for bettors 'first deposit" as a welcome to the sportsbook.

How First Deposit Bonuses Work

After registering and making a qualifying deposit, you'll receive a bonus, usually as a percentage of your deposit. For instance, if you deposit $100 and the sportsbook offers a 100% First Deposit Bonus, you'll receive an extra $100 as a bonus.

An Example of a First Deposit Bonus

In the 2021 NFL season, new bettors received a Deposit Bonus of up to 100% of their initial deposit from bet365 Sportsbook. This provided additional betting funds to wager on games involving teams like the Kansas City Chiefs and the Green Bay Packers.

Pros

• Increased Betting Bankroll
• Opportunity for Risk Mitigation
• Exploration of New Betting Markets

Cons

• Challenging Wagering Requirements
• Restrictions on Withdrawal
• Complex Terms and Conditions
• Potential for Overspending

First Deposit Bonuses are designed to enhance your initial experience without promoting excessive gambling. It is crucial to understand these bonuses come with specific terms and conditions. These may include wagering requirements, minimum odds, and expiration dates, which must be met to fully benefit from the offer.

Betting Within Your Means

We encourage you to view gambling as a form of entertainment, not a source of income. The funds from the First Deposit Bonus are provided for your enjoyment, but it is important to manage these funds wisely. Set limits for yourself on the amount you deposit and wager, and stick to these limits.

Seeking Help

If you feel you might be developing a problem with gambling, or if it is affecting your personal or financial well-being, we provide resources to help.