Sports betting sites tend to offer a variety of bonuses and promotions to their customers. With these promos, they try to attract as many new bettors as possible as well as keep their existing members happy. One of the most common types of betting offers on the market is the bet & get promo.
This is a betting offer that gives out a free bet after a punter makes a certain bet. That free bet comes in the form of credits that the bettor must use on specific sports or competitions. In this article, we'll reveal the advantages and disadvantages of the bet & get promotions.
Pros of the Bet & Get Sportsbook Promos Today
There are several benefits that come with the bet & get promotions. They are responsible for its massive popularity among sports bettors. Below we’ll mention and describe the biggest advantages of these betting offers.
Win Real Money
The first benefit of this offer is the possibility of generating real winnings. Once you receive your bonus funds or free bet, you can instantly use it to place a real money bet.
If you know what you’re doing, then you might end up winning your free bet and making a profit. But, you might also need a bit of luck to actually win a bet.
Place Bets Without Any Risk
The only risk you take with these offers is when you place the initial bet that will get you your bonus. After that, you can use the bonus funds or free bet as you like, but in accordance with the T&Cs.
These sportsbook promos today allow you to place much riskier bets than before. If you end up winning, then you'll collect a much bigger payout as a result of that risk.
Test a New Betting Strategy
You can use the bet & get promos to try out a new betting strategy. This is a great opportunity to see if your untested strategy actually works. The best part is that you don’t have to spend any additional funds.
If the strategy works, then you'll end up with a profit and a new betting strategy for the future. Losing the bet will show you that the strategy does have flaws.
Great for Beginners
Many online sportsbooks offer bet & get promos as welcome bonuses. These promotions are perfect for beginners who are just starting out with sports betting.
They can use the extra funds or free bet from the offer to learn how to place bets. Their only risk is the initial bet they need to place. Afterward, they can use the bonus funds to explore the different betting options.
Try out a New Sport or Competition
Have you ever wanted to try betting on a new sport or competition? With the bet & get promo, you can finally try something new without taking any additional risks.
In the end, you might end up liking the new sport or competition. If you're lucky, you might even win your first-ever bet on the new sport.
Cons of the Bet & Get Betting Offers
Aside from the advantages, the bet & get promo also comes with a few disadvantages. Every bettor should know about them before applying for such a bonus. You can read about them below this segment.
Must Meet Certain Wagering Requirements
Just like most betting bonuses on the market, the bet & get promo comes with certain wagering requirements. You must meet these requirements after applying and using the bonus. If you fail to do so, then the sportsbook will forfeit your bonus funds and winnings.
Requires a Deposit
The fact that you must spend money to actually get a bonus is demotivating to most bettors. Most betting bonuses require a certain deposit and the bet & get promo is no exception. Here, you need to place an actual bet before you receive the bonus.
Not Very Rewarding Betting Bonuses
Compared to other betting bonuses, the bet & get promos are not very generous. They usually give out the same amount that you place with your initial bet. At most sportsbooks, that amount is actually the lowest possible deposit on the betting platform.
