Having to go up against tons of other companies in your niche is not easy. That’s why only the best online betting operators survive long enough to become a big name in iGaming. Some of them rely solely on their betting categories, but since Betano offers great promotions, it seems like other companies also focus heavily on providing their customers with loads of perks.

Some people are not fans of betting bonuses because they do not like the rewards. Although some sites are unique and provide different proposals, most of the offers are the same and give extra funds and free spins. Despite that, people are always trying to find more options that provide even more impressive perks.

The bonuses for online bettors are crucial for many iGaming sites, so let’s see why this is the case.

Betting companies gain new customers

We’ve decided to start by addressing the elephant in the room and saying that betting companies rely on bonuses to gain new users. There aren’t that many differences regarding the betting sections and features offered by some iGaming sites. Consequently, brands rely on their promotions to stand out and bring over new clients.

Speaking of bonuses and new users, we have to share some words about the welcome bonuses. Those perks are solely for newly-registered customers and often have a more impressive reward than the rest. For example, a standard welcome bonus available at most bookies gives extra betting credits that people can use to wager on sports.

Welcome offers are so important that many companies put a lot of effort into their advertisement. 

Bookies use bonuses to test new things

The fact that bonuses help users attract new customers is not the only reason why some operators have many offers. You can come across iGaming companies that provide tons of temporary rewards for existing users that are only available for certain betting categories. Needless to say, brands do that because the offers will “force” those people to try out the specific betting option. In other words, it allows the company to test loads of new things.

Keep in mind that you should not always use those kinds of bonuses, especially if they 

require you to make substantial deposits. Sure, using a new promotion might seem attractive, but some iGaming sites put a high minimum deposit requirement on purpose. Consequently, people who decide to use it have to pay a lot of money.

Gambling operators use the bonuses to promote a given payment option

Even though some online bettors do not check the available deposit and withdrawal solutions, those things have a crucial role for many gamblers. In fact, every experienced user knows that it is important to learn more about the available payment gateways before choosing an operator.

Nowadays, most sites have many options, such as digital wallets, cryptocurrencies, credit cards, mobile payments, and even bank transfers. Most operators give people access to the bonuses they like using any payment option. However, there might be some differences because you can come across bookies and casinos that will only provide a reward if you use a specific deposit alternative.

Although cryptocurrency bonuses are more popular, some places require people to use a specific e-Wallet. Punters who do not adhere to these rules won’t be able to avail themselves of the given reward. 

You can learn more about this condition, as well as everything else, by reading each offer’s Terms and Conditions.