Most of the time, some bettors think that once they get a free betting bonus from a betting platform, they can easily place a bet and earn more money with it, but that is not true. If you apply the right step, you can maximize the profit from the free bets you get from betting websites. So whenever you lay your hands on any free bonus, make use of it wisely and strategically to avoid loss.
When betting bonuses is used strategically, can make you a lot of money as someone who plays bets. Some of these steps are very simple to implement and it only needs compliance with the rules on your part to win big using betting bonuses:
- Play Long Odds:
Those who are experienced in the betting game know that when you are given a betting bonus, there are so many terms and conditions that are usually attached to it. So sometimes those who are new to the game forget the need to play long odds instead of short odds. The reason why it is advisable to play long odds with the betting bonus you have received is that long odds reduce the influence which the non-return stake has on the total payout you would receive.
- Split The Bonus Into Smaller Stakes If Possible:
If it is allowed by the betting platform, split the betting bonus that was given to you into smaller stakes. This means that assuming you are given a bonus of $100 and you are allowed to split into smaller stakes you can spread the risk by betting maybe $25 at a time. The reason why this is advisable is that it increases the chance of a punter winning some amount of money, as you may play that bonus bet at one time and lose all the money at once, but by splitting the bonus, you can at least win some amount of money.
- Place A Bet Against Yourself:
When you are given a bonus on a betting platform, the goal is to make sure that you maximize the bonus and make a good amount of money with it. What is meant by placing a bet against yourself is more like protecting the bet you played with your own money and not with the betting bonus. Assuming you played a soccer bet against Real Madrid in a Barcelona Vs Real Madrid match at – 2.5 odds, then make use of the betting bonus to play the match +2.5 to ensure that you don’t lose any money. So if the – 2.5 is successful, you take your profit, or if the +2.5 is successful you still take your profit.
- Make Strategic Use Of Each Bonus:
Most of the betting platforms offer not just one bonus to their bettors, especially new members of the platform. The bonuses often come at least two in number and an experienced bettor knows how to make strategic use of each of these bonuses. If you can, make use of the free bet first to bet on games before you start making use of their percentage bonuses or you can make use of the latter before the former. Whichever, make sure you are strategic and don’t misuse the bonuses given to you.
- Learn Hedge Skills With Betting Bonuses:
Instead of making use of your real money to hedge, you can make use of your betting bonuses to do that as it helps to minimize losses and maximize your profits since staking the hedge with your betting bonuses won’t affect your finances much and if you have made a profit, it won’t take it away from you.
One of the golden rules of betting is to always be on profit, and one of the ways of doing that is the strategic use of betting bonuses to make a profit. Some of the ways of doing so are mentioned above.