The success of a bookmaker or online casino is indissoluble linked to the number of members, but more important is how many of these players are actually active. An active community of punters and casino players will not only keep the business going, but also act as a magnet for prospective players. Casino welcome bonuses and generous sports betting bonuses serve the purpose of bringing more people into the fold and this is something that referral bonuses are also meant to achieve.
Virtually all online casinos are now running such refer-a-friend bonus programs and the differences between them are not that big. Even so, those who plan on spending a long time playing casino games with one operator, should pay attention to these terms, because the best referral bonuses can result in a lot of money being added risk free.
Here are the best sports betting referral offers:
|Bookmaker||Referral Bonus||Play Link|
|Betfirst||Receive up to €20 bonus for each friend you refer!|
|BetMotion||$25/€25 for each friend you bring. Promocode: AMIGO|
|Betonline||Earn a $100.00 free play for each and every friend you send to BetOnline|
|Bovada||Get 200% of your friends’ first deposits, up to $100|
|Jetbull||Bring a friend and get €50|
|MyBookie||Collect up to $100 for every pal you bring in!|
|Unibet||Refer a Friend and earn yourself up to a total of £200|
|Bodog||200% of your friends’ first deposits, up to $100|
What is a Referral bonus program?
Online casinos and bookmakers offer sign up free bets or free plays to new players who decide to open a real money account. This is one way of convincing them that they are worth the effort and the operators spend a lot of money on advertising to convince more people to join them. a far more effective way of achieving the same results is by having existing members themselves acting as advertising agents and inviting people.
The Refer a friend program consists of a set of incentives given to players who already have a real money account to invite their buddies. In exchange of acting as agents, they are awarded cash prizes and other loyalty bonuses that can be used to bet on sports, play casino games or poker. There are very few cases where the money is cashable right away, without needing any wagering requirements whatsoever. They usually come in the form of a free bet.
The referral bonuses are a two way street, because not only the member who invites someone else benefits from these freebies. The friend himself will cash in on the first deposit bonus and any promotion that is available to new customers and occasionally receive something extra. Depending on the size of the deposit and in the wake of meeting wagering requirements, both the member and the new player will unlock a reward. Whether the money is restricted or added on top of existing funds depends exclusively on the online gambling company.
How to clear a Refer a friend bonus?
When something sounds too good to be true it usually is and the same goes for the gambling bonuses, especially the most generous ones. Back in the day, online casinos were more lenient and allowed players to dispose of their bonuses as they like, but they are much stricter now. The referral bonus program is guided by certain rules and the free cash needs to be played through several times before being converted into withdrawable money.
The existing member who invites a friend will only receive the bonus after the new player makes the qualifying amount and best a predetermined sum. This is the rule and it applies to most online casinos and sportsbooks, with some decided to impose additional conditions that revolve around the refer a friend bonus itself. The inability of meeting the play through requirements in time or attempts at cashing out the funds before clearing the bonus will result in its forfeit as well as the corresponding winnings.
Most online gambling operators are no longer focused on a single niche and bookmakers run lucrative online casinos and poker rooms. Nevertheless, when it comes to the referral bonus program, many are imposing artificial limitations by channeling members towards a particular area. Someone who is playing exclusively poker or bets on sports, is less likely to make a profit when playing online casino games for the first time and the other way around.
It is important to read the fine print and determine whether the referral bonus has any strings attached or if you are allowed to choose your game of choice. The same goes for the friend who uses the link to sign up, as many end up playing games that they are not familiar with and have a higher house edge.
Last, but definitely not least those who hope to clear the referral bonuses relatively easy and convert most of the money into cashable funds should choose casinos that make a distinction between deposited funds and the cash back bonuses. A play through of 20 times the combined amount of the bonus and deposit is obviously less desirable than a wagering requirement of 30 times the bonus, which is the industry standard.
How to take advantage of the refer a friend promotion?
Refer a friend campaigns have been around for quite a while and they are here to stay as online gambling operators can’t afford to lose precious customers. As the competition intensifies, these promotions are bound to get even more generous and smart players can take advantage of them. To start with, they should focus on those bookmakers and casinos that have the fewest wagering requirements and don’t impose too many conditions.
It is less important how much money is awarded to the one who makes the deposit, because what really matters is to be able to convert the bonus into cashable funds. Equally important is to find those online casinos that run a referral bonus program that rewards both parties involved, not only the existing member. The best ones are offering the same bonuses to both of them, with only the new customer being supposed to make a qualifying deposit and wager a certain amount.
Another thing that players should take into consideration when applying for these bonuses is that some casinos don’t allow promotions to be used in conjunction. More precisely, the new member is pit against a difficult decision of choosing between the Refer a friend bonus and the standard welcome package. While the existing member would benefit from the friend using the referral link, the latter can be stripped of a first deposit bonus that is significantly higher than the referral promo bonus.
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