Claim your Referral Bonus

Betting sites with referral bonus do not consider those who already have accounts with the company or have previously signed up. This prevents existing players from misusing the offer for personal gains.

Sports betting referral bonus is a win-win for players and their friends. Both receive free bets or credit, even though the terms and conditions may differ. It is one of the easiest ways to add money to the bankroll. In special cases, the refer-a-friend bonus sweetens the deal with an extra welcome offer for the new customer.

Claim your Referral Bonus
How to use referral bonus

How to use referral bonus

The sports betting bonus works on invited friends who register with a unique link. After their accounts have been verified, they claim the bonus by betting with a certain amount of money. A relatively small amount is required in most cases, usually between $10 and $100.

Some bookmakers limit the number of referral bonuses that can be earned. Others allow players to refer as many friends as they can. But some states have legal limitations, so it’s good to check the relevant gambling rules.

Sportsbooks that pay real money and give referral bonuses shouldn’t be looked down upon. Gambling companies that allow players to claim both welcome bonuses and refer-a-friend bonus deals are highly desirable.

An important thing to note is that some sports betting sites allow new players to choose either a referral promo bonus or a welcome package. Oftentimes, a welcome bonus is greater than a referral bonus. If the new customer chooses a welcome package, the existing player will still be rewarded for the referral.

How to use referral bonus
Things to look out for in a referral bonus

Things to look out for in a referral bonus

Turning a referral bonus into real money requires a little effort. As long as an existing player meets basic eligibility requirements, they can send an invitation link to their circle of friends and acquaintances. The invite link is found in their sportsbook account and may have an expiry date. Examples of eligibility requirements from the best referral bonus betting sites include:

  • The player should have a betting history with the bookie.
  • The account balance should be positive.
  • Some sites require the player’s account to have been active for some time or to have wagered a certain amount.

For instance, the sportsbook may require the referring customer to have staked at least $1,500 and to have held their accounts for at least 30 days. New punters will find these requirements restrictive. Regular bettors, however, can easily meet the conditions.

Things to look out for in a referral bonus
How to refer friend to a sportsbook

How to refer friend to a sportsbook

A greater number of friends who love gambling will make sports betting more fun. Referring someone is easy and works in the same way as any other online referral program. Punters who have invited their friends and family to use rideshares, vacation rentals, or shops online will find sports betting referral programs to be familiar.

Here’s a general process for a sportsbook referral program.

  1. Find the referral link on the bookmaker’s homepage
  2. Hit the referral bonus button to share it with friends
  3. The referred player signs up and verifies their sports betting account
  4. The new customer places the minimum required deposit and starts betting
  5. Both the old and new player get a free bet credit when all wagering requirements have been met

It is crucial to remind a friend of the validity period of the referral bonus so they don’t miss it out of ignorance. In very rare cases, the bonus is withdrawable right away with no wagering requirements to be fulfilled. Whether the cash is added to the existing bankroll entirely depends on the sports betting site.

How to refer friend to a sportsbook
Understanding referral bonus terms and conditions

Understanding referral bonus terms and conditions

It is usually impossible to trust something that seems too good to be true, and it is the same with sports betting bonuses, particularly the most generous ones. When online bookies were first introduced, they were less strict. The bonus was available to use any way that players wished.

Today, sports betting referral programs come with specific rules known as wagering requirements or rollover. The free bets or cash must be played through a certain number of times before it becomes withdrawable. If the bookmaker requires the player to wager the bonus money 30 times before cashing out, then the wagering requirement will be indicated as x30.

Wagering requirements are found on every sports betting site with a referral bonus. The bonuses, as well as any winnings resulting from them, will be forfeited if the new player doesn’t meet the requirements and/or they try to withdraw the funds before the conditions have been cleared. That’s why it’s vital to understand the fine print to see whether there are any strings attached. A friend who uses the link to sign up is also responsible for keeping the rules.

Those who want to clear the referral bonus quickly should choose to bet at sites that distinguish between money-back offers and deposited funds. A wagering requirement of x20 on the bonus money is easier to achieve than x10 on the sum of the deposited funds + bonus.

Understanding referral bonus terms and conditions
Basketball

Basketball

1. March Madness

The NCAA Division of Men’s Basketball Tournament is probably the greatest college basketball event with a whopping 67 matches. Millions of Americans bet on March Madness with their friends. As expected, many sportsbooks provide referral bonuses during the event.

2. NBA Finals

NBA championships are some of the most bet on events in the world since basketball is among the fastest-growing sports in the world. Given that most of the bets are placed at illegal offshore books, it’s hard to estimate how much is wagered during the NBA finals. With more than 20 million fans watching the games, it is obvious that so much money goes to NBA bets.

The easiest way to track NBA referral bonuses is through referral links that can be shared with anyone. Each link is unique and when a friend clicks it, they are directed to the betting site to sign up. Meanwhile, the existing player is rewarded. The best way to send the link is to direct it to someone’s inbox. Posting on social media also helps.

Basketball
Horse Racing

Horse Racing

1. Kentucky Derby

Most people don’t think of horse betting when it comes to betting on big sporting events. Yet, Kentucky Derby is one of the most underrated events. Bettors from around the world put their hard-earned cash on stake to choose a winner.

Each betting site has a different way of processing referral bonuses for the March Madness event. Players must check the terms before recommending sites to their friends. But the important thing is to convince a friend to register and, in return, get a bonus.

2. The Grand National

The Grand National horse race takes place in Great Britain and is usually attended by the royal family from the UK. It is one of the toughest competitions in the world. While most Americans focus more on Kentucky Derby, they also view and bet on the Grand National event, which is a top-tier event worldwide.

Horse Racing
Boxing

Boxing

Even though boxing has lost much of its hype in recent years, big-time fights with Manny Pacquiao, Floyd Mayweather, Conor McGregor, and other big-money fights remain enticing. The game is especially popular in Nevada and attracts over $1million of bets. Floyd Mayweather returning to the ring will probably bring more of the same.

Boxing
Baseball: World Series

Baseball: World Series

Major sports like NFL may have a bigger following than baseball in the US. Even so, the World Series continues to rank among the most-watched sporting events in America. Sportsbooks earn more revenue the longer the series lasts. Some bookmakers issue referral codes to encourage existing customers to invite their friends to bet on baseball. Here, there’s no need for referral links. Players only tell their acquaintances to key in the referral code when signing up. Then both accounts are credited with a special bonus.

Baseball: World Series
Rugby World Cup

Rugby World Cup

Rugby is not only popular in the US but also around the globe with thrilling matches. The 2019 Rugby World Cup became the most-watched tournament in history, having attracted over 850 million viewers worldwide. There are plenty of reputable bookies offering referral bonuses for betting on Rugby. When recommending sportsbooks, bettors should look for safe sites.

Rugby World Cup
Cricket World Cup

Cricket World Cup

Cricket is more popular in India, hence most punters come from this country. England also provides legal sports betting platforms with cricket as one of the main games. The Indiana Premier League brings together world-renowned teams from Australia, England, and India.

The best referral bonus betting sites bring these betting markets to the limelight. Smart bettors get referrals on a personal level without spamming links on social networks or other people’s personal accounts. Spamming is not recommended, but talking to familiar people does the trick.

Cricket World Cup
Responsible gambling

Responsible gambling

Responsible gambling entails betting for entertainment only. Gambling can turn problematic if someone uses it as a way of making money. This approach causes one to spend resources they cannot afford to lose.

Responsible gambling practices aim to prevent problem gambling. Many sports bettors ignore the best tips because they never admit they are addicted. Betting sites need to position gambling help in a way that looks relevant in the mind of a typical gambler.

To gamble responsibly also means taking breaks, limit-setting for time and money. Luckily, many betting sites with a referral bonus provide integral tools to help gamblers set their limits right on the websites. A sportsbook can give customers an option to agree to the number of hours they want to bet per day.

Once the limit is set, the site will notify the punter that their daily betting time is over. Many times, online bookmakers have a cooling-off period, usually 24 hours or more, whereby players temporarily block their accounts.

Sports betting operators understand many gamblers turn to betting because of boredom, unemployment, and stress. These factors lead to problem gambling. But awareness is fundamental to betting responsibly.

Anyone who is at risk of negative behavior should call the helpline immediately. Help is available round-the-clock and is kept confidential. This form of assistance is not just for the addicted gamblers. It can also be extended to families and friends of the affected person.

Responsible gambling