Betting on the NFL can be a lot of fun. And, while being able to be strategic in your betting and making accurate predictions is the main goal, there are other options available to enhance your betting experience.
Utilizing bonuses and promotions can really help to boost the experience for players. With a combination of good odds, savvy predictions, and sports promotions gives you a better chance to win. But how to make proper use of these promotions?
What types of bonuses are there?
Before being able to make use of a bonus, you need to know the different bonus types available for sports betting. Typically, the most common bonus is a match deposit offer. Here, your initial deposit is matched, usually 100%, giving you double the bankroll to play with.
Other sportsbooks will offer free bets. This is usually based on specific criteria such as placing a specific number of wagers on the sportsbook or by joining in on special events. Usually, the free bet will be awarded as a specific cash value that can be used to place an additional bet.
Not to be confused with free bets are risk-free bets. These are often awarded as part of a welcome offer. Players will need to make a deposit and place a bet. However, should the bet win, the player gets nothing — except their winnings of course. Should the bet lose, it’s refunded in full (as a cash bet) ready for players to use on another event.
Finally, there are enhanced odds or odds boosts offered. Typically, these will be linked to specific bets and offer better-than-expected odds. As such, increased winnings can be expected on specific outcomes with this type of boost.
Now, there are also terms and conditions attached. Knowing how to leverage these is key to using these offers successfully.
Top tips for taking advantage of a sports bonus
One of the first things to do when taking on a sports betting bonus is to find a good one. Many sportsbooks offer bonuses, but not all of them are good. As such, it’s important that you take the time to look around for all the different offers available. Some sportsbooks are always offering lucrative welcome bonuses or have ongoing promotions. You can find the best betting sites with bonuses right here. This will help you start off on the right foot from the outset.
Another tip is to take on a welcome bonus. Though it might not seem worth it, it really is. Welcome bonuses are often the most lucrative offer you can find. If you’re trying out a new sportsbook, taking on one of these can really provide an initial boost to your bankroll without you even trying. It’s then a good idea to place small bets across a range of different betting markets to use these bonus funds effectively and manage your money — it’s a similar tip when playing in office football pools.
Though less common, some sportsbooks offer cashback bonuses. This type of bonus is a great way to give yourself a safety net when placing bets. With a cashback bonus, if you lose regularly, the betting site will actually refund you a portion of your losses. In this way, you can actually use a cashback bonus to mitigate possible risks when playing. It’s a good idea to factor this type of strategy into your gameplay.
Sometimes it’s also just a case of really good timing. If you get it right, you can give yourself a good boost by claiming a reload bonus. For instance, if it’s coming up to a key NFL event such as the Super Bowl, it can be a really good time to keep an eye out for this type of offer. In the run-up, if a reload bonus appears, making a deposit can be a great way to boost your bankroll and make additional bets.
Additional bonus strategies
Depending on the time of year and the NFL event in question, there are often many enhanced odds or odds boosts offers available. Such promotions are key to improving the winning potential of your NFL bet. Make sure you keep updated on your chosen sportsbooks by signing up to bonus or promo newsletters.
You can also be creative when using your bonuses. Often, it’s actually possible to mix and match promotions. For instance, if you get a free bet and an odds boost comes up, use the free bet with the odds boost. This can potentially lead to a positive outcome for you. Many sportsbooks allow players to stack or group promotions which can have a positive effect on your NFL betting. However, some don’t, so always check the terms and conditions.
Using VIP bonuses if you’re lucky enough to have them, is also a good way to boost your NFL betting. These programs often give you exclusive bonuses and perks which can be used to place an NFL bet.
Finally, you can be strategic about whom you bet on. Really, if you’re using a bonus bet, then the best thing you can do is bet on the underdogs. If you can find a really big underdog bet with a bit of value, you can use the bonus bet on this before it expires. Then, if the underdogs win, you’ve got a big payout at very little cost to yourself. Bear in mind that in the NFL Super Bowl, favorites have the upper hand.
Final thoughts
Of course, there are many strategies to implement when it comes to using a bonus. However, we cannot stress enough just how important it is for you to check the terms and conditions. This can often make or break a bet. Be sure to check minimum and maximum bet sizes, expiration dates, or whether the bonus is linked to a specific sport or event.
One of the other best tips we can offer is to spread your bonus bet if you can. By putting it on a number of different bets, you can hope that one will payout, making up for any lost bets.
However, at the end of the day, sports betting is a game of chance. Even if you study player and team form carefully, you can never be absolutely certain of the final outcome. So, just bet and have fun.
