There are many online gambling establishments that offer new customer promotions. However, good promos can always be determined by asking yourself a few questions. Some of the facts you want to know about these promotional offers include how long they are valid for, and whether there are any terms and conditions before making withdrawals. Since there are so many promotions, you need to use your discretion in deciding which is best for you.
Perhaps one of the most significant differences when it comes to a free bet or credit offer is the way in which it is awarded. In both cases, bookies award you a stable amount of money to make use of in their sportsbook. The best way to take advantage of these offers is to receive credit. You may be awarded £100 of credit, and you can divide the money up and place two £50 wages, five £25 wages or 1 £100 wager. But, with a free wager, you may get a single token or a number of credits that add up to the total promo amount. These tokens are usually used on one market, and they cannot be divided into more than one stake. Ultimately this means that you get only one or a couple of chances when it comes to choosing a winning bet. With credits, you are given more freedom. This also means that there are other conditions which you must meet before you are can cash out your winnings. So credits always include wagering requirements.
With credits, you will have to make your first deposit and wager to qualify. So with this offer, you have to wager your initial deposit completely; however, with most promotions you are almost always expected to unlock your offer with a deposit. Regardless of whether you're dealing with free bets or awards, there is a specific criterion that must be fulfilled in order for it to be received. In most cases, you must meet the wagering requirements. So you should find out what is the minimum betting amount as this will differ significantly from one site to another. Note that not all wagers count towards playthrough requirements. Soe of the exclusions includes Poole bets and tote bets.
Both types of offers have their own pros and cons. Free bet awards are activated by placing the first wager on a bona fide market that has a minimum odds demand. So ultimately, you must first put money into your casino account, then abide by the applicable terms and conditions. The bookmaker will grant you a single-use token which you are required to use fully or one bet with an established amount of tokens that add up to a total amount. Certain terms and conditions must be met before you are able to withdraw any winnings.
If you are one of the lesser experienced punters out there and you are more cautious about wagering your own money, some bookies will allow you to claim the welcome offer without depositing any money or placing your first wager. These places and offers are rarer but are available though most bookies will require a deposit and a wager before giving you free bonuses.