Reload Bonus in Sports Betting

What is a Reload Bonus?

Reload bonuses are offered by online sportsbooks as a promotion to reward existing customers for making deposits into their betting accounts. It’s rare to see these given out to new customers as a welcome bonus. 

Reload bonuses are made available to returning players, giving them extra funds with which to make their bets.

It will often match a percentage of the deposit amount, elevating your bankroll and expanding your betting time.

Reload bonuses help keep gamblers interested and loyal by allowing them to place more bets, explore innovative markets, as well as possibly getting greater winnings.

For example, if a sportsbook offers you a reload bonus, and you deposit $200 into your account, they will give you an extra $100 in bonus funds to use towards bets.

How to Get a Reload Bonus?

Getting a Reload Bonus is a simple process once you’ve found a sportsbook offering it. 

Head to the promotion section of your regular sportsbook and see if they have a reload bonus. If they don’t, keep checking back, as sportsbooks regularly update their bonuses and promotions. 

Opt-in to the reload bonus sports betting offer if required, and then deposit money with a valid payment method.

During the process of depositing funds, make sure you enter any required promo codes. This promo code is usually found where the sportsbook is advertising the bonus. 

To make sure that you can actually use the reload bonus, you’ll need to check the terms and conditions for the specific promotion. This might include wagering requirements and minimum deposit amounts.

Here are the more detailed steps for claiming a reload bonus:

Check Out Promotions: Checking the promotions or bonus section at the sportsbook of your choice on a regular basis helps you to keep up to date with the latest reload offers. Some sportsbooks may also send promotions out by email or app alert services.

Opt-in: A lot of sportsbooks need you to opt in for a reload bonus sports betting promotion. There are usually a few different ways you can do this. There may be a button to press or a box to tick on the promotions page, or you may have to key in a promo code during the deposit process.

Deposit Funds: Deposit funds into your betting account using a valid payment method. Be sure that your deposit meets the minimum set by the bookmaker in order to qualify for a reload bonus.

Get the Bonus: After you have made the deposit, the reload bonus will be credited to your account. You can now use the bonus to wager on a range of different sporting events and markets.

100% reload bonus vs 50% reload bonus

When it comes to these kinds of bonuses you can either get 100% back or 50% return. It depends on what the sportsbook is offering.

100% Reload Bonus: A 100% reload bonus sports betting means the sportsbook will match your deposit in full.

For example, if you deposit $100, then they will give you another $100 as a bonus, making your total bankroll $200.

This kind of bonus is very attractive to bettors because it effectively doubles your betting capital.

50% Reload Bonus: With a 50% reload bonus, you receive half of the amount you deposited as a bonus.

So for example if you deposit $100 then they give you another $50. Now you have a grand total of $150 at your disposal to wager freely.

This is not as good a deal as the 100% match, yet a 50% reload bonus still gives you more than you’d have without it.

How Does the Reload Bonus Work?

If you’re new to sports betting, you might never have heard of a reload bonus. 

You’re likely more familiar with the idea of deposit bonuses, a bonus that is quite common to find in sportsbooks. 

Where reload bonuses differ is that they are essentially there to reward existing customers for their loyalty.

Just like all other bonuses offered at sportsbooks, reload betting bonuses do come with numerous terms and conditions that you need to make sure you read and understand – some could include:

Bonus Percentage: The sportsbook will set what percentage of your deposit becomes a bonus. This percentage may vary depending on the promotion.

Max Bonus Amount: There’s a limit on how much money the sportsbook will give you in terms of reload bonuses. That 50% reload bonus up to $200 signifies that if you deposit $400 or more, the maximum bonus you’ll get is still only $200. 

Wagering Requirements: It’s important to make sure you meet the wagering requirements. That way, you can use your bonus and keep any winnings you earn from it. Wagering requirements generally mean playing or betting your bonus amount a certain number of times, like x5, x10 times, etc., in a specified time period.

Minimum Odds Qualification: Bets made with your bonus must meet the minimum odds qualification. For example, only bets with odds of 1.50 or more will count when meeting the requirement on your BONUS from the sportsbook.

Why Is A Reload Bonus So Useful?

For both casual betters and seasoned gamblers, reload bonuses provide amazing benefits by adding extra cash to your bankroll. Reload bonuses give you more opportunities and can slowly increase your winnings.

Reload bonuses are a kind of safety net: they can make your losses hurt less.

Alternatively, reload bonuses can make you feel you are valued by the sportsbook as they have rewarded your loyalty. 

Reload bonuses give bettors the opportunity to try exploring some new betting markets and strategies without putting their own money on the line. Reload bonuses improve your betting experience by offering extra chances to win and lengthening the time in which you can bet.

Conditions and Rules

To get the most value out of a reload bonus, you need to understand the terms and conditions. These ensure that you meet the criteria necessary for claiming and benefiting from bonuses. 

Typical conditions are wagering requirements, minimum deposit amounts, time limits, and betting restrictions. You will also need a valid bonus code in order for the bonus to work: 

By understanding these requirements, you can maximize your potential for betting, avoid common mistakes that others often make, and fully enjoy the benefits reload bonuses offer. 

This would enable you to bet on matches in a more strategic way and enhance your overall experience.

Wagering Requirements: After you receive a bonus, the payouts are subject to a certain amount being wagered. This can be anything from x35 to x200. Always make sure you read the terms and conditions to ensure you adhere to all the wagering requirements that need to be met.

Minimum Deposit: In order to receive a bonus, a minimum amount often needs to be deposited. The first step is to make sure this requirement is met. Only when you have deposited enough to qualify for that promo should you consider wagering any money.

Time Limits: Reload bonuses usually come with the condition that you will forfeit the bonus if the wagering requirements are not met. Time periods are limited, so you need to make sure that you place your bets and use your bonus within these time constraints.

Betting Restrictions: Some sportsbooks may place limitations on the kinds of bets that meet play-through requirements. It is possible that single wager bets or certain types of sports markets may be all that count.

Bonus Code: Use of a bonus code is necessary to activate most bonuses – always ensure that you input it correctly when depositing online.