One interesting aspect of signing up with a legal betting site is the range of promotions and rebates offered to enhance the betting experience.
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.
In general, it matches the most common welcome bonus on the bookmaker where you are playing at. However, it may be an independent bonus, which can be used alongside with the desktop version of the welcome offer, effectively doubling your starter's capital. Why Does It Matter? Often, the best rewards we get is the betting site welcome offer that gives a match bonus to increase your balance, a free bet or a bet without risk. We are going to examine each type of offer in details in the following sections. Different Types of Welcome Offers Deposit Bonus: The most common welcome offer has a deposit bonus or match bonus. Whether it's a first-time deposit or a reload bonus, the vast majority of times that players receive a bonus at a betting site, it will be in the form of a free play. Understanding a free play is quite simple, but it's important to realize the distinction between a freeplay and receiving a cash bonus, which has become much rarer these days. Welcome Bonuses. This is the complete list of welcome bonuses and promo codes, currently offered by all online casinos presented on AskGamblers. The casino welcome bonus, also known as a sign-up bonus, is a way for a casino to greet you upon registration. Most often it is an amount of credits given by the casino, equal to a predefined.
- 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.
Bet Sites With Welcome Bonus Codes
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.
We're compiling a list of current bookmakers who offer a no deposit bonus or betting voucher codes , so that you can try them out and if you like the no deposit bonus experience then you should try their match deposit bonus too. If you are looking for a deposit bonus instead of a no deposit bonus then click here for a list of all the best deposit bonuses in South Africa
No Deposit / Welcome Bonuses in South Africa
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.
Bet Sites With Welcome Bonus Codes
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.
We're compiling a list of current bookmakers who offer a no deposit bonus or betting voucher codes , so that you can try them out and if you like the no deposit bonus experience then you should try their match deposit bonus too. If you are looking for a deposit bonus instead of a no deposit bonus then click here for a list of all the best deposit bonuses in South Africa
No Deposit / Welcome Bonuses in South Africa
Betway R25 Free Bet Bonus
Betway have a R25 free bonus bet for new customers. All you have to do is sign up through the link below and you'll get R25 free to bet with. Click here to claim your Betway Free bet. You can use your free bet on sports and if you'd like to know more about Betway then have a read through our Betway review. To withdraw your free bet winnings punters will have to make a minimum deposit of R10.
Hollywoodbets R25 Fica Bonus
Hollywoodbets is offering punters a free R25 bonus when they sign up and sumbit their Fica documents, something that should not take you too long to do. If you'd like to know more about Hollywoodbets then we recommend a read through our comprehensive Hollywoodbets review. You can bet on everything from lucky numbers to horse racing to soccer, so you'll have many options where you can use your R25 free bet.
World Sports Betting
- FICA your account for the First time and receive a Free Bet voucher of R100.
- Promotion only valid once FICA documents have been approved by World Sports Betting's FICA department
- Offer is limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. debit or credit card, etc), and shared computer, e.g. school, public library or workplace.
- This promotion cannot be used in conjunction with any other WSB promotion.
- Only customers 18 years of age or older are eligible to open an account at WSB and to participate in the FICA Promotion.
- To claim, simply email promotions@wsb.co.za once your account has been FICA approved.
- Standard Free bet terms and conditions apply.
Supabets Bonus
Supabets have a R50 bonus for new account holders! Click Here to Register. Supabets are one of the biggest online sports betting sites in South Africa and also offer punters a deposit match bonus. If you'd like to know more about Supabets then check out our Supabets Review.
Sunbet Bonus
Free R200 & 100% Deposit match on your first deposit. Simply sign up with Sunbet and make a deposit of R50 or more and you'll get R200 in free bet PLUS a 100% bonus on your deposit. So a R50 deposit will net over R300 in betting credits!
Yesplay Fica Bonus
Best Betting Sign Up Offers
The Yesplay Fica Bonus is no longer valid. Unfortunately Yesplay decided to stop running the free bet promotion. We'll update this should it change in the future.
Check out our list of Fica Bonuses
We hope you enjoyed our No Deposit bonus list, there are a few bookmakers who offer no deposit bonuses and we hope this list goes to many more!
No Deposit Bonus cash is identical to real cash in all but two ways. You cannot withdraw bonus cash directly and bonus cash is subject to wagering requirements. Just like real cash, you are allowed to withdraw any winnings you make when you play with the bonus cash once you have met these requirements. These can range from no requirements at all up to 60x or more.
No Deposit bonus cash comes in handy for players who want to try a new casino without committing any of their hard-earned cash right out the gate. Think of that R100 as a free sample, letting you try the casino's games and see whether you would like to continue playing. You are free to leave and never return if you so please – there are no strings attached!