Betting vouchers are some of the most exciting promotions sportsbooks offer. Not just reserved for new sign ups, they come in two main variations â a no deposit bet credit, or a âbet and getâ bonus.
In todayâs guide, Iâll explain the differences between these two bonuses and tell you what you can expect from each. Iâll also take you through the all-important terms and conditions to give you a head start on a smooth betting process.
| Wagering (WR): | – |
| Min. Deposit: | $10 |
| Min. Odds: |
A betting voucher is the generic name given to a bonus bet promotion. But itâs not always exactly what it says on the tin, bonus bets can come in two main forms – a no deposit bet credit, or a âbet and getâ. Hereâs a breakdown of how each bonus works.
| No deposit bet credit | Bet and get voucher |
|
|---|---|---|
| Definition | Just as it sounds – this is a bonus bet given to you without the need to make a deposit. Usually this type of bonus is given out as a welcome bonus, e.g. a $5 bonus bet when you sign up, but it could also be a one-off reward. At sportsbooks with attached casinos, you might also find this bonus comes in the form of free spins. | A âbet and getâ voucher provides you with a certain amount of bonus bets when you make either a minimum deposit, or a minimum wager, e.g. bet $5, get ÂŁ20 bet in bonus bets.
|
| How to claim | Typically, there are no betting voucher codes needed; no deposit bonus bets will just be put into your account ready to use. | This is an offer frequently found at the top-branded sportsbooks. Your bonus bets will be added to your account once you have fulfilled the deposit/wager T&Cs. |
Youâre probably thinking – âbetting vouchers sound greatâ, and youâd be right. Theyâre one of the most popular bonuses the highest payout betting sites offer. But how can you find them? Hereâs a few little tips to help you track them down:
Every betting voucher will have terms and conditions that govern how it can be used. The specifics vary by each offer but there are a few general parts of the terms to pay extra attention to. If youâre new to online sports betting this information will be especially essential.
Plus, by understanding these terms, youâll be able to understand how bonuses at different sportsbooks compare. Deals can appear to be very similar on the surface but delving into the details can show you that some are harder to claim or have a lower value overall.
Bet vouchers are usually activated in one of three ways:
Jaxon.gg tip: One of the terms that can derail new bettors is the wording around âfirstâ bets. When a sportsbook talks about a first bet, they typically mean the first qualifying bet to settle, which is not necessarily the first bet you place.
Most bonus bets will only be valid for a limited time. This will typically be 7-30 days from the time you open your account. If you fail to use your betting credit within this period, it will disappear from your account.
Football follower? Baseball buff? Itâs rare, but there may be some restrictions on the sports available for your free voucher bet. Have a scan through this portion of the terms if you know that you want to use your bonus bet on a particular sport.
Some bet vouchers will only be available to bettors making a minimum deposit. This is usually a small amount, around $5 or $10, and often gives you $10 or $20 in bonus bets to use.
By no means. These vouchers are one of the most popular promotions proffered by an online sportsbook, and although theyâre most commonly found as new customer free bets, you can benefit from them at any time.
One off bonus bets are especially popular during major events, when sportsbooks are trying to drum up interest.
Larger bonus bet amounts may be divided into smaller bet credits. For example a $20 bet voucher could come as 4 x $5 bonus bets. This cuts down on expenses for the sportsbook as your potential winnings will be lower for four small bets rather than one big one.
A betting voucher is one of the easiest bonuses to claim, especially if youâre completely new to online sports betting. Here are my complete instructions to activate your betting voucher:
Sportsbooks make it as quick and easy as possible to make a new account. All youâll need to do is input a few basic personal details, including name, DoB, and email address. Youâll then have to verify your account by clicking on a link received via email, and you might need to provide a copy of your ID to prove your age and permanent address.
At this point, you might also be required to type in a promo code to claim the betting voucher deal. Iâve put full details on this on all of the banner ads so check it out before you join.
Once your account is up and running, you can fuel it up by making a deposit. This might be as little as $5 at minimum deposit betting sites, but itâs usually no more than $10 – $20. Make sure too, that you use a qualifying deposit method. Debit cards are pretty widely accepted, but e wallets such as PayPal or Skrill, may not qualify.
Now itâs time to start placing bets. Depending on the promotion terms, you might need to place a wager for a set amount, and at certain odds, to qualify for a promotion. In other cases, your bonus bet voucher might be added to your account as soon as itâs up and running.
Good news – itâs time to use your bet voucher. Head over to the sports area on the site and make a selection. Youâll usually find a drop-down menu on the betting slip that lets you activate your free voucher. Hit OK, and your wager is live, I hope itâs a winner for you.
There are two main schools of thought about the most effective use of betting vouchers to maximise profits:
If youâre lucky your bonus bet will be a winner. However, you canât withdraw your bonus bet credits, only any winnings that you make from them. Before they can be released, youâll also need to work through any wagering requirements.
The wagering requirement of a bonus varies by site – the industry average is between 1x and 5x but itâs not uncommon to see a zero rate attached to a bonus for new bettors.
Letâs take a quick example to show you what I mean. Say you sign up at a site and get a bonus bet voucher for $10 with a 3x wagering requirement. $10 x 3 = $30. Thatâs the sum youâd need to bet before youâre able to withdraw any winnings.
The process of withdrawing funds differs marginally from site to site, but hereâs a quick guide to see you through the basic procedure:
Jaxon.gg tip: You might have to pay fees if you use certain payment methods. Check our sportsbook reviews to see which options are fee-free.
Betting vouchers are some of the most common promotions at all sportsbooks, and some of the most exciting. Claiming them is usually easy but make sure to read through the terms and conditions so you know exactly what to expect.
Iâve given you a few hints on tracking down betting voucher deals but donât forget that Jaxon.gg has pages full of the latest sportsbook promos. If youâre not sure which bonus to pick, you can also check out my detailed reviews for some insider insight and expert tips.
Betting vouchers are a universally loved promotion and can be found at the best established brands as well as up and coming sportsbooks eager to attract new customers.Â
Iâve got my finger on the pulse for every sport betting voucher itâs possible to find. By staying on Jaxon.gg and using our betting bonus guides, you can track down the best betting vouchers for football, basketball, and other sports.
One of the great aspects of betting vouchers is how easy they are to claim. Free bets for existing customers will likely go straight into your account, whereas those for new customers might require you to input a special promo code at the point of sign up. Most require you to make a certain wager or deposit a specific amount.
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
