Joining an online sportsbook in South Africa will give you the opportunity to place bets on your favourite sporting events. The BettingSites24 site provides you with a selection of top-recommended sportsbooks to become a part of for this. While these all offer exceptional sports betting options to get involved in, they also feature various bonus offers and other promotions to claim, too. This guide will advise you on the different types of offers on hand and how they operate.

Insight into the Different Bonus Offers

One thing to keep in mind first is that not all online sportsbooks feature all these promotions. Some of them have one or two, others have a massive collection of offers. You can find out more about what each online sportsbook in South Africa provides by reading through the various reviews provided here at BettingSites24.

Welcome Bonus

When you sign up to an online sportsbook, you operate there as a newcomer. This means that you usually qualify for a welcome bonus as a result. In most cases, you need to make a deposit into your sports betting account to receive a bonus on top of this nature.

It is most common for these offers to match the deposit amount that you transfer to your account. For example, at the Bet365 online sportsbook, you receive a 100% bonus up to ZAR 2,930 after making your first deposit. This 100% reward is an example of a common welcome offer at online sportsbooks in South Africa.

No Deposit Bonus

In some circumstances, a sports betting site may reward you before you make a deposit. To get this type of offer, you normally just need to complete your sign-up for an account. Afterwards, you verify your account via the link sent in an email, and the no deposit bonus is added to your account at that point. This is usually a small amount for you to test out on a single bet, just to see how the site operates.

Free Bet

You may also come across an online sportsbook with a free bet promotion to take advantage of, too. These are sometimes given instead of a welcome bonus to newly registered players. With it, you sign up and make a deposit into your account. You then need to place a bet on odds that are of at least a specified amount.

Once this bet settles, and if it is a losing one, you will receive a free bet in your account as a result. Often times, you will need to bet on a popular sport such as soccer or horse racing, to benefit from this reward.

Acca Insurance

Anyone intending to create an accumulator (acca) at a sportsbook will know that you need to add several selections together to form it. Of course, these serve as much riskier bets to place than a standard singles wager. As a result, some sportsbooks offer players the chance to utilise acca insurance promotions. Through such, if a single leg of your acca fails to turn out the way you expected, you receive your stake back instead of losing everything.

Cashback

Let’s say that you have placed a few wagers throughout the week and some of them haven’t turned out in the way you expected them to do so. That means you have lost a chunk of your bankroll on those wagers. Some sportsbooks provide a nice cashback offer on your accumulated losses over a specified period, though. In this case, you receive a percentage of that total back in real money onto your account. This money can be withdrawn straight away if you like, or you can use it to place more wagers on your favourite sports.

Reload Bonus

It’s also the case that some online sportsbooks provide returning players with the chance for a bonus upon adding extra funds to their account. This reload bonus works in a similar way to the welcome bonus in matching the deposit you add. Usually, the percentage is of a lower amount though, often standing at around 50% instead of at least 100%. It works as an incentive to bring people back to placing sports bets.