There are many ways you can attract new players to your sportsbook. One of the methods is by offering bookie bonuses, such as welcome bonuses and free bets. You need to know what type of bonus you can provide your player base. It is part of the lesson on how to become a bookie.
Bonuses and promotions can bring in new players. Also, it can make existing players more loyal to the sportsbook. Bookie bonus is as vital to the business as excellent customer service and competitive odds.
It is vital to know the restrictions and conditions for each type of bonus. Create bonuses can be overwhelming for a new bookie. The good news is that the sportsbook pay per head provider can help you decide on the right reward to offer.
Types of Bookie Bonuses
Welcome Bonus – This is the most common type of bookie bonus is Welcome Bonus or what is also known as Sign up Bonus. Bookies use the promo to get more customers. The downside is that it is only available to new players.
Free Bet – According to pay per head reviews, Free Bets appeal to both new players and existing ones. You offer free money to players, but they can’t withdraw it under they use it on wagers. Also, there are specific conditions involving the amount. For instance, you can offer a free bet of $50. If the player uses the amount and wins $100, the sportsbook will pay out $50. It will be in the account, which they can withdraw or use to wager on sports.
Reload Bonus – Another type of bonus is Reload. You can offer this type of deal to existing players. Also, you can opt to offer it on specific seasons or throughout the year.
These are the popular bookie bonuses you can offer players. It would be best if you studied your players first before offering bonuses to them.