Best Online Betting Account Offers
Posted : admin On 4/7/2022- Greyhound Race Betting. OffTrackBetting.com is a US legal pari-mutuel Advanced Deposit Wagering (ADW) service for horse racing & greyhound racing, providing secure and user-friendly online account wagering for United States residents.
- Advantages of betting online. Betting online is a convenient way to bet on horse racing. It can be done anywhere, and at any time. If you schedule doesn't allow you to make a trip to the track, online is perfect. Betting online can earn you bonuses and rewards not offered at the race track.
- Online banks typically offer low fees, high APYs and intuitive digital banking tools. But the best online bank for you is the one that meets your financial needs, whether that’s a single savings.
One interesting aspect of signing up with a legal betting site is the range of promotions and rebates offered to enhance the betting experience.
One of the most important aspects with online betting sites is choosing your deposit method. You will need to have money in your betting account in order to place a bet, and choosing what method is an important step. Australians are lucky because there is a huge choice in deposit methods available so there is something for everyone.
This guide looks at a variety of ways in which you can claim rebates and other forms of extra funds. We will discuss some of the most popular bonus types, in detail, with examples from some of the leading racebooks. The guide ends with advice about how any bonus works.
- Horse racing rebates: How the online horse racing betting sites replaced flat-rate rebate deals.
- Welcome offers: Bonuses when you sign up at a new site.
- Cashback and bet insurance: Lose your bet but meet the conditions and get your money back.
- Best odds guaranteed: Best of available odds, whether taken early or at the start.
- Understanding rollovers: How do rollovers work and what to look for to maximize value.
- Free past performances: Studying the form without payment.
Top Horse Racing Bonus
Horse racing rebates: Offline and online
Offering bettors flat rate rebates on bets — win or lose — has been a popular way to offer loyalty rewards for many years. This (live) betting offers return between 3% and 10%, depending on the type of bet (singles, multiples, trifectas and so on) and the amount you bet.
While many gray-market bookmakers offer flat rate rebates, the risks associated with betting at these books make them dangerous for informed bettors.
What you will find from legal horse betting sites is a mix of welcome offers and ongoing loyalty rewards that take the place of rebates. These promotions cover regular and occasional bets. You might also find special loyalty programs aimed at high rollers.
Examples of rebates and promos available at the three biggest legal online horse racing sites
#1TVG: Use promo code LSRTVG to claim a risk-free bet of up to $200 on your first single wager. Earn credits for every bet, which can then can become wager rewards. TVG promos include sweepstakes, free past performance reports, and cashback for three out of four picks.
#2 BetAmerica: You can get a 100% matched welcome bonus, up to $100. Customers earn points for each bet they make. Promos include VIP Daymaker, where losing bettors can get their stake back on their star selection, plus specials for the big races.
#3 TwinSpires: Get $20 in bonus bets for every $100 in bets (up to $100 max). Loyalty points scheme gives regular bettors additional free bets, separate VIP scheme for high rollers. It offers a long list of promos including “Winsurance,” “Bet Back” and added prize money offers.
Welcome offers at online racebooks
Online racebooks compete for business by offering a welcome deal for new customers. These take the form of matched welcome bonuses or occasionally a free bets bonus.
An excellent example of a welcome bonus is at TwinSpires, which offers a $100 bonus to all customers. This is a straightforward bonus that awards the customer in increments of $20 every time he or she bets $100 at the site.
There is no expiration on this bonus. You must make an initial deposit, keep betting, and the full $100 bonus will be yours. High rollers might want to place a $500 bet immediately and claim the $100 right away, while others might want to place 50 bets of $10 over a few weeks.
While this looks like a 20% rebate, you need to account for the need to bet the bonus money before you can withdraw it.
100% matched bonus
One of the attractive welcome bonus offers featured by racebooks is a 100% match on your first deposit.
For example, when opening a new account at TVG, customers will receive a 100% match bonus up to $200.
The TVG matched bonus has no strict conditions attached to the bonus money – just as long as you use it for a bet. This makes it the equivalent of an instant rebate, win or lose.
Loyalty rewards
As well as creating offers to entice new customers, racebooks also offer a series of incentives to keep existing customers happy.
Most sites offer a loyalty scheme, where customers will earn points every time they bet. Once earning a certain amount of points, customers can convert them into cash and add it to their account.
A good example of a loyalty scheme is Wager Rewards at BetAmerica. By earning 1 point for every dollar wagered, and additional bonus points if placing exotic bets such as exactas and Pick 6 bets. Customers can convert these points into cash at any time.
The rebate potential for these loyalty schemes depends on the mix of bets made. While small in percentage terms, this money will add up over time, providing a bankroll boost.
High rollers can sometimes qualify for VIP schemes. By betting a certain amount, bettors can enjoy additional benefits such as special promotions and extra deposit bonuses. The biggest bettors can expect custom offers and even a dedicated host.
Horse racing rebates via cashback or bet insurance
Another way of rewarding customers is via cashback offers. This is much like insurance on bets involving multiple selections.
As an example of a cashback offer, a horse racing betting site will offer you a rebate on your stake should your selection finish second in a selected race. This kind of offer is usually only available for the bigger races, such as the Kentucky Derby, or the more significant lead-up races to the main events. Occasionally these offers extend to third place, too, with your stake returned to your account.
Insurance bets are slightly different, as they offer rebates when one leg of a combination bet doesn’t win. For example, if you enter a Pick 4 contest and only pick three of the winners, a promotion such as this will see you win your initial stake back as a rebate.
Best odds guaranteed
These are promotions mostly available at European sites that offer their own odds, as opposed to betting in a pari mutuel pool. You’ll usually have a choice of either taking the current odds offered by the site or taking the odds at the starting of the race (the starting price.)
With a “Best Odds Guaranteed” offer, you get the best of the two. If you opt for an early price and the odds do become longer, you’ll get those longer odds. If you took a price early and there is a lot of money for the horse, you’ll keep those longer odds.
Understanding bonus rollovers
At some sites, you’ll receive a bonus with rollover requirements. A rollover requirement is the number of times you’ll need to play through your account cash and the bonus funds before your bonus cash clears.
For example, you might sign up to a new site with a 100% deposit bonus with a 5x rollover requirement. If you then deposit $100, you’ll receive $100 in bonus cash. This means you’ll have to bet the total $200 five times to make the bonus cash yours. And, in this case, it’s $1,000 worth of betting.
Make sure you compare rollover requirements when deciding between bonuses. These affect the rebate potential for each of the offers.
Free past performances
Past performances are a key aspect of reading the form. You would usually pay for the opportunity of reading them. However, some online horse racing sites will offer past performances as an additional perk.
For example, at TVG, you can purchase a series of past performances. However, if you place a bet of at least $10 on the meeting in question, you’ll be reimbursed for the cost of this information.
Some sites will also offer free past performances to all members on selected races, especially at the largest race meetings.
Live streaming
In this day and age when there seems to be a cost attached to any streaming channel, racing fans can enjoy free streaming widely.
All of the three legal horse racing sites offer standard live streaming. You can watch any race you have placed a bet on, and many significant events you can watch in real-time.
Read the terms and conditions
Whenever you sign up at a new site or take part in any bonus or promotion, check the terms and conditions (T&Cs) of both the site and the bonus in question. Yes, the T&Cs can seem a little long-winded at times, but you will find out valuable information.
For example, in the terms and conditions, you’ll find the expiration date for the bonus. You’ll also find out if there are any state restrictions when using a particular site.
Generally, you’ll find all of the terms and conditions above board. However, they can be useful in finding out if a bonus offer is not such a good one.
For example, if you read in the T&Cs that a bonus has a 50x rollover requirement, it’s pretty clear immediately that this offer probably is not as worthwhile.
Picking the best sportsbook sign-up bonus can be difficult as no two welcome bonus offers are exactly the same.
We’ve dug through the fine print and looked at the rollover requirements to figure out which are the best bonuses in the three categories most important for sports bettors: overall bonuses, highest maximum bonuses, and Bitcoin bonuses.
Read on for a catch-all guide on the best sportsbook bonuses.
Overall Best Bonuses
| Sportsbook | Bonus Details | Get Bonus |
| Bovada | 50% bonus up to $250 – This bonus has a very reasonable 5x rollover with few restrictions, and is offered by one of the best overall sportsbooks, making it our top pick. | Visit Site |
| SportsBetting.ag | 50% match bonus up to $1,000 – This bonus has a bigger maximum amount if you are going to make a larger deposit. | Visit Site |
| GTbets | 100% bonus up to $500 – 100% match bonuses are becoming less common so take advantage while it lasts. Note that there is a $35 minimum deposit. | Visit Site |
When deciding which sportsbooks have the best overall sign-up sportsbook bonuses, we analyze the all bonuses offered, in addition to the terms and conditions they are subject to. In short, we look at the bigger picture.
To come up with our list of the best overall bonuses, we made sure that both the benefits and restrictions, taken together, made our top picks superior to those offered by competing sportsbooks. In short, we selected the sign-up bonus offers that are greater than the sum of their parts.
On all bonuses, sportsbooks impose a wagering requirement, also known as “rollover.” This refers to the amount of money you have to bet at your sportsbook before you can withdraw your bonus funds. For more information on rollover, check out our guide on all things related to bonuses.
Most frequently, the higher the dollar amount of the bonus, the higher the rollover requirements. The smaller the bonus, the smaller the rollover rate will be. With this in mind, the best overall sportsbook bonuses above have lower rollover requirements than the bonuses for bigger deposits below.
Best Sportsbook Bonuses for Large Deposits
| Sportsbook | Bonus Details | Get Bonus |
| BetOnline | 50% up to $1,000 – Try this bonus on for size if you are going to deposit up to $1,000. BetOnline is an excellent sportsbook with a long history in the business. | Visit Site |
| SportsBetting.ag | 50% up to $1,000 – Sportsbetting.ag has reduced their match bonus but it’s still a great offer and is food up to $1,000 for a deposit. | Visit Site |
| MyBookie | 50% up to $1,000 – Another 50% offer from Mybookie. This book shines in bonuses for existing customers. | Visit Site |
his list ranks sportsbook sign-up bonuses for people putting high dollar amounts into their betting accounts. This is arguably the biggest incentive to join a sportsbook, and an important factor if you’re looking to make a big splash in the world of sports betting.
Sign-Up Bonuses are sometimes called Welcome Bonuses or Initial Deposit Bonuses. These are all the same and refer to bonuses for new players.
Best Online Betting Account Offers Bonus
A high maximum bonus appeals to sports bettors who are going to stick with a sportsbook and invest a sizeable amount of money into sports betting. The more money you get with your bonus, the more money you are able to bet with.Best Online Betting Account Offers Online
Best Bonuses for Bitcoin Deposits
| Sportsbook | Bonus Details | Get Bonus |
| Bovada | 50% up to $500 – Bovada ups the max bonus from their regular bonus if you deposit with Bitcoin. The low 5x rollover still applies, making it one of the best Bitcoin bonuses. | Visit Site |
| BetOnline | 50% up to $1,000 – BetOnline has the same great match bonus for Bitcoin deposits of 50%. | Visit Site |
Many sportsbooks now accept Bitcoin as a payment method. Using Bitcoin is just as advantageous for you as it is for your sportsbook. As a result, many sportsbooks are offering Bitcoin-specific bonuses to incentivize their bettors to use the digital currency.
Bitcoin bonuses mainly come in the form of deposit bonuses and reload bonuses. In both cases, Bitcoin bonuses will be a significantly higher percentage of your deposit. This applies either at sign-up or when you re-up.
We look at the bigger picture when assessing Bitcoin bonuses. We factor in in the dollar amount, types of bonuses, and rollover rates that come with Bitcoin bonuses. In addition, we consider how many restrictions, if any, are placed on the types of sports bets you can make with your Bitcoin.
If you are looking for more than what’s available in the lists above, check out our dedicated page that lists 100% sportsbook sign-up bonuses.
There are a whole host of factors you have to consider in the process of picking the best bonus for you. A first-time bettor has many different considerations than a seasoned “sharp.” Always factor in your unique sports betting goals and what sportsbook suits your needs when choosing a bonus.