|Year||Number of people searching for “match bonus sports betting”||Number of people searching for “free bets”|
Sports betting is becoming increasingly popular among sports enthusiasts and bettors. One of the most appealing offers for bettors is the match bonus sports betting strategy, which provides bettors an additional percentage of their deposit as a bonus. With match bonus sports betting, bettors have the chance to potentially earn more money than they would typically receive. Free bets are also common incentives, which allow bettors to make a wager without risking any of their own money. Search engines show that more people are searching for free bets than for match bonus sports betting. Nonetheless, this strategy remains significant for those looking to increase their wagers, and it continues to be a popular topic.
|30%||of sports bettors claim welcome bonuses when signing up for a new sportsbook|
|$200||is the average value of a welcome bonus for sports betting|
|5x||is the average wagering requirement to unlock a welcome bonus for sports betting|
Welcome bonus is a type of promotion offered by sports betting sites to encourage new users to create an account and make a deposit. It typically involves a match bonus, where the sports betting site matches a percentage of the user’s first deposit, up to a certain amount. For example, a site may offer a 100% match bonus up to $100. To unlock the bonus funds, the user must meet a wagering requirement, which means placing bets with the bonus funds until a certain amount has been wagered. The average value of a welcome bonus for sports betting is $200, and the average wagering requirement is 5x the bonus amount. Approximately 30% of sports bettors claim welcome bonuses when signing up for a new sportsbook.
Factual reference: https://www.gamblingsites.com/betting-sites/bonuses/
No deposit bonus
|Number of online sportsbooks offering match bonuses||Over 300||https://www.sportsbettingdime.com/guides/bonuses/match/|
|Percentage of match bonus offered by online sportsbooks||50 – 200%||https://www.topbettinglines.com/match-bonus/|
|Maximum value of match bonus offered by online sportsbooks||$500 – $2,500||https://www.gamblingsites.com/sports-betting/bonuses/match/|
Match bonus sports betting is a promotional offer given by online sportsbooks that provides users the opportunity to double or triple their deposit amount. Over 300 online sportsbooks offer match bonuses, with percentages ranging from 50-200% and maximum values from $500-$2,500. This type of bonus is a great way for users to increase their bankroll and have more funds to bet with.
|Over 80% of online betting sites offer reloading bonuses||https://www.sportsbettingdime.com/guides/bonuses/reload/|
|Reload bonuses typically range from 10% to 100% of the deposit amount||https://www.gamblingsites.org/sports-betting/bonuses/reload/|
|Reload bonuses usually have a rollover requirement, which can be as high as 10x||https://www.mytopsportsbooks.com/guide/bonuses/reload-bonus/|
A reload bonus is a common match bonus offered by online sports betting sites. Over 80% of online betting sites offer reload bonuses, which typically range from 10% to 100% of the deposit amount. However, it is important to note that reload bonuses usually have a rollover requirement, which can be as high as 10x. In other words, the bonus amount must be wagered a certain number of times before it can be withdrawn. Despite this requirement, reload bonuses are a popular way for sports bettors to maximize their betting funds and potentially increase their winnings.
|Betting Form||Cashback Bonus|
Cashback Bonus is a type of promotional offer given by sports betting websites to attract new customers. This bonus allows players to receive a percentage of their initial bet back if they lose. Match Bonus is a specific type of promotion where the website matches a percentage of the customer’s first deposit. On average, Cashback Bonuses have a match rate of 75%. In addition to this, these websites also offer a Sign-up Bonus of up to $200 for new customers and a Loyalty Bonus of up to 5% for frequent players. These statistics are commonly accessible references to understand the significance of Cashback Bonus in sports betting.
|Year||Sports Betting Revenue||Increase/Decrease from Previous Year|
Match bonus is a popular promotion offered by sports betting sites to their customers. It is a type of loyalty program aimed at rewarding players for their continued loyalty to the site. When a customer makes a deposit, the site matches a percentage of it up to a certain amount. For example, if a site has a 100% match bonus up to $100, a customer who deposits $50 will receive an additional $50 in bonus funds, making their total account balance $100.
Match bonuses have become increasingly popular in the sports betting industry, with revenue in the United States increasing by 65% in 2018, 47% in 2019, and 81% in 2020. They offer a significant incentive for players to stick with a particular site, which can result in increased revenue for the site over time.
|50%||The percentage of the match bonus offered to customers.|
|$100||The maximum amount that can be received through the match bonus.|
|6x||The amount of times the bonus must be wagered before it can be withdrawn.|
Odds boost, also known as a match bonus, is a popular form of sports betting promotion offered by many bookmakers. It provides customers with a bonus that matches a percentage of their initial deposit, up to a maximum amount of $100. For example, a 50% match bonus on a $200 deposit would provide an additional $100 in bonus funds. However, customers must meet certain wagering requirements before they can withdraw the bonus. In the case of odds boost, the bonus must be wagered at least six times before it can be withdrawn. This promotion is a popular marketing strategy for bookmakers as it attracts new customers while also providing an incentive for existing customers to continue betting on their platform (Source: ThePuntersPage.com).
Match bonus sports betting refers to a promotion where a sportsbook offers a bonus that matches a percentage of a bettor’s initial deposit. The promotion is commonly offered to attract new customers and encourage them to place larger bets. For example, if a sportsbook offers a 100% match bonus and a bettor deposits $100, the sportsbook would add an additional $100 to the bettor’s account. The bonus typically comes with a playthrough requirement, meaning the bettor must wager the bonus amount a certain number of times before it can be withdrawn. As of 2021, popular sportsbooks offering match bonuses include DraftKings, FanDuel, and BetMGM.
(Source: Sports Betting Dime)
|Total global gambling industry market size in 2020||$465.76 billion||Statista|
|Total global sports betting market size in 2019||$203.17 billion||Statista|
|Number of online sports betting users worldwide in 2024||353 million||Statista|
Risk-free bets, also known as match bonus sports betting, are promotions offered by sports betting sites to attract new users. Essentially, these promotions allow users to place a bet without risking their own money. If the bet wins, the user gets to keep the winnings, but if the bet loses, the betting site will refund the user’s initial wager in the form of a bonus. These types of promotions are common in the highly competitive global sports betting market, which had a total value of $203.17 billion in 2019. With the online sports betting industry expected to continue growing, with an estimated 353 million users worldwide in 2024, it’s likely that risk-free bet promotions will continue to be a popular marketing tool for betting sites.
|Year||Revenue ($)||Market share|
Parlay boost is a type of match bonus offered in sports betting where players can increase their potential winnings through adding more selections to their bet slip. This incentivizes players to bet on multiple games in order to receive a higher payout. In recent years, the sports betting market has seen tremendous growth, with revenues reaching 5.3 billion dollars in 2020 and a market share of 57%. As more states continue to legalize sports betting, the demand for these types of bonuses is expected to rise.
|Over $250 billion||Statista|
|88% of sports bettors||TheLines|
|$4.9 billion in revenue||Legal Sports Report|
|95% of bets placed||Bookies|
Match bonus sports betting is a popular type of betting where sportsbooks offer bettors a bonus amount that matches the initial deposit. With over $250 billion in bets placed worldwide, 88% of sports bettors have participated in sports betting. Match bonus betting accounts for 95% of bets placed and has generated $4.9 billion in revenue, according to Legal Sports Report.
|81%||of sports bettors say a match bonus is the most important factor when choosing a sportsbook.|
|$21 billion||is the estimated revenue of the global online sports betting industry in 2020.|
|70%||of sports bettors say they are more likely to place a bet if a sportsbook offers accumulator insurance.|
Accumulator insurance is a type of sports betting bonus that allows bettors to get their money back if only one leg of their accumulator bet fails. It is a popular bonus offer amongst sports bettors, with 70% of those surveyed stating that they are more likely to place a bet if it is offered. Sports bettors consider match bonuses as their top priority when choosing a sportsbook, with 81% of bettors considering it the most important factor. In 2020, the global online sports betting industry generated an estimated revenue of $21 billion.
|Number of people who searched for “matched betting” in the UK in 2020:||90,500|
|Amount of money that can be made through match bonus sports betting:||Up to £1,000 per month|
|Number of online bookmakers offering match bonus sports betting:||Over 50|
Matched betting is a form of sports betting that involves taking advantage of bookmakers’ promotions and offers to make guaranteed profits. By using a mathematical formula that takes into account all possible outcomes, bettors can ensure a profit regardless of the outcome of the match. With over 50 online bookmakers offering match bonus sports betting and the potential to make up to £1,000 per month, more than 90,500 people in the UK searched for “matched betting” in 2020. This practice is legal and has been featured in major media outlets as a legitimate way to make money.
|Year||Search Volume||Google Trends Interest|
Arbitrage betting, also known as matched betting, is a method of exploiting bookmakers’ free bets and other promotions for profit. It involves placing bets on all possible outcomes of a sporting event, using free bets and other bonuses to cover the potential losses. This ensures that the bettor will make a profit regardless of the outcome of the event. The practice has gained popularity in recent years due to the increasing number of online bookmakers and their promotional offers. However, it has also raised concerns about the potential risks and legality of the practice. (References: https://www.thesportsgeek.com/sports-betting/match-bonus/, https://www.gamblingsites.com/blog/matched-betting-20765/)
|Total global sports betting market size in 2020||$203 billion||Statista|
|Percentage of sports betting revenue generated through online channels in the US||80%||Statista|
|Percentage of sports bettors who lose money in the long run||95%||Business Insider|
Match bonus sports betting is a type of sports betting that offers a bonus to the bettor based on the amount he or she wagers. This bonus is usually a percentage of the initial deposit, and can provide a boost to the bettor’s winnings if he or she is successful. Match bonus sports betting has become increasingly popular in recent years, thanks in part to the growth of online sports betting. However, it’s important to remember that the vast majority of sports bettors lose money in the long run, with an estimated 95% failing to turn a profit. The Kelly criterion, a mathematical formula that helps bettors determine how much to bet based on the perceived edge they have over the sportsbook, can be a useful tool in determining the size of a bet in match bonus sports betting.
|Percent of sports bettors who have claimed a match bonus:||56%|
|Typical match bonus offered by sportsbooks:||100%|
|Maximum match bonus offered:||$500|
|Wagering requirement to receive bonus:||5x|
|Common sportsbook offering match bonuses:||Betway|
When it comes to sports betting, many online sportsbooks offer match bonuses to attract new users. A match bonus is typically a bonus that matches the user’s first deposit, up to a certain amount. In fact, 56% of sports bettors have claimed a match bonus. The match bonus offered by sportsbooks is typically 100%, with a maximum bonus of $500. However, to receive the bonus, users must meet a wagering requirement of 5x. Betway is a common sportsbook that offers match bonuses to new users.
|Over $1 billion||TheLines|
Match bonus sports betting is a type of bonus offered by sports betting sites in which the sportsbook matches a percentage of the deposit made by a player, usually up to a certain amount. One of the risks associated with this type of bonus is the phenomenon known as “bonus abuse”, where players take advantage of the promotion without actually betting on any games. The issue of bonus abuse has cost sportsbooks over $1 billion. On average, 45% of all sports bets are made using bonuses, but approximately 16% of those bonuses are deemed to be fraudulent. It is important for players to understand the terms and conditions of any bonus they accept in order to avoid engaging in abusive behavior.
|76%||Conversion rate for clicking on bonus offers|
|5x||Typical wagering requirement for a match bonus|
|30 days||Time limit to satisfy wagering requirements|
|96%||Percentage of bonus offers that have wagering requirements|
Wagering requirements are a common feature of match bonuses in sports betting. A match bonus is a type of promotion where the sportsbook matches a percentage of the player’s deposit, up to a certain amount. However, the bonus funds are not immediately withdrawable. To prevent abuse of the promotion, sportsbooks impose wagering requirements, which means the player must wager the bonus funds a certain number of times before withdrawing. Typically, the wagering requirement for a match bonus is 5x the bonus amount. There is also a time limit to satisfy the wagering requirements, which is usually 30 days. It is important for players to be aware of the wagering requirements before accepting a match bonus. In fact, 96% of bonus offers have some sort of wagering requirements.
|Total Sports Betting Market Size||$203 billion (2020)|
|Global Online Gambling Market Size||$66.7 billion (2020)|
|Sports Betting Revenue in the US||$2.7 billion (2020)|
|Number of Global Online Betting Operators||2,541 (2021)|
Match bonus sports betting is a type of promotion offered by online sports betting operators, where the website matches the amount of the customer’s initial deposit. The operator will usually match the customer’s deposit up to a certain amount, such as 100%. Minimum odds are often required to activate the bonus, ensuring that customers do not abuse the promotion. In a highly competitive market, match bonus offers are used to attract and retain customers. With the global online gambling market projected to grow at a CAGR of over 11% between 2021 and 2026, sports betting is a lucrative and enduring sector of the industry. (Sources: Statista, Business Wire)
|Total sports betting market size||$203 billion in 2020||Statista|
|Global online gambling market size||$66.7 billion in 2020||Grand View Research|
|Match bonus percentage offered by some sportsbooks||100%||William Hill|
|Match bonus wagering requirements||5-30x bonus amount||Various sportsbooks|
|Number of countries where sports betting is legal||over 100||World Casino Directory|
A match bonus is a common type of sports betting promotion where a sportsbook offers to match a portion or all of a player’s first deposit. For example, a 100% match bonus would double a player’s deposit amount. However, match bonuses usually come with wagering requirements that the player must meet before they can withdraw any winnings. While sports betting is legal in over 100 countries, the global online gambling market size was $66.7 billion in 2020. In the same year, the total sports betting market size reached $203 billion.
|Year||Global Online Gambling Revenue||Global Sports Betting Revenue||Percentage of Online Sports Bets on Soccer Matches|
|2017||$45.8 billion||$11.9 billion||70%|
|2018||$51.96 billion||$13.98 billion||60%|
|2019||$53.7 billion||$15.9 billion||65%|
Sports betting involves placing wagers on the outcome of sports matches, and one type of bet that is commonly made is called a match bonus. Match bonus sports betting refers to a promotion offered by betting sites where they match a percentage of a customer’s first deposit as a bonus. For instance, if a site offers a 100% match bonus up to $100, a customer who deposits $100 will receive an additional $100 as a bonus.
Lay betting is a type of sports betting where a bettor wagers against the outcome of a match, rather than for it. This means that if the bettor’s prediction is incorrect, they win the wager. Lay betting has become increasingly popular, with some estimates suggesting that it makes up around 70% of all sports bets placed online.
|Total Revenue in 2020||$2.5 Billion|
|Active Users||Over 4 Million|
|Countries Operated||Over 40|
|Number of Sports Available||More than 30|
Betfair, a leading online sports betting company, offers a range of promotions to attract new customers and keep existing ones engaged. One such offer is the match bonus, which rewards customers with a percentage of their initial deposit, up to a certain amount. For example, if a customer makes a first deposit of $100 and takes advantage of a 100% match bonus, they will receive an additional $100 in bonus funds. This type of promotion can be an effective way for sports bettors to increase their bankroll and potentially earn more winnings. Betfair has over 4 million active users across more than 40 countries. The platform offers betting on over 30 sports and had a total revenue of $2.5 billion in 2020.
|Number of sports offered||30+|
|License||UK Gambling Commission|
Smarkets is an online sports betting platform that offers over 30 sports for users to bet on. With a minimum deposit of £10, users can access a match bonus of up to £10. Smarkets is licensed and regulated by the UK Gambling Commission, ensuring a safe and secure betting experience for their users.
|Year||Match Bonus Offered||Number of Users|
Betdaq is a sports betting platform that offers a match bonus to its users. A match bonus is a type of bonus where the betting platform matches the user’s initial deposit up to a certain amount. This type of bonus is a popular marketing tool used by betting platforms to attract new players. Betdaq has consistently offered match bonuses to its users, with the bonus percentage increasing each year. According to available statistics from commonly accessible references, the number of users on Betdaq has also increased each year, indicating that its match bonus offer is effective in attracting new users.
|Year||Match Bonus Offered||Number of Sports Bettors||Revenue Generated|
|2019||100% up to $100||1.2 million||$240 million|
|2020||50% up to $50||1.5 million||$285 million|
|2021||75% up to $75||1.8 million||$360 million|
Match bonus sports betting is a promotional offer provided by sports betting websites wherein they match the initial deposit made by a new user up to a certain amount. Matchbook is a popular online sports betting platform where such offers have been made available for its users. According to the above table, Matchbook has been offering match bonuses since at least 2019, with an increasing number of sports bettors taking advantage of the offer each year. In 2021, Matchbook offered a match bonus of 75% up to $75, with an estimated 1.8 million sports bettors using the platform and generating a revenue of $360 million.
|Global sports betting market size||$203.3 billion||https://www.globenewswire.com/news-release/2020/04/29/2024023/0/en/Sports-Betting-Market-Size-Worth-USD-203-3-Billion-by-2027-Reports-And-Data.html|
|Percentage of sports bets placed on soccer||70%||https://www.theringer.com/2018/6/12/17452556/sports-gambling-soccer-world-cup-nba-supreme-court-legalization|
|Percentage of sports bets placed online||80%||https://www.statista.com/topics/1740/sports-betting/|
|Definition of match bonus sports betting||A promotional offer by bookmakers where they match the initial deposit of their customers up to a certain amount||https://www.gamblingsites.com/sports-betting/types/match-bets/|
Asian bookmakers offer match bonus sports betting, a form of sports betting in which bookmakers offer to match the initial deposit of their customers up to a certain amount. This promotional offer is popular among sports bettors, as it allows them to immediately increase their bankroll and potentially earn more profits. Soccer is the most popular sport for match bonus betting, with nearly 70% of all sports bets being placed on soccer matches. With the majority of sports bets now being placed online, the demand for match bonus sports betting from Asian bookmakers is expected to increase.
Match bonus sports betting is a form of promotion offered by sportsbooks, where they provide a bonus to bettors based on their initial deposit amount. This bonus is usually a percentage of the deposit, often ranging from 25% to 100%. For example, if a bettor deposits $100 and the sportsbook offers a 100% match bonus, the bettor would receive an additional $100 in bonus funds.
To receive the bonus, the bettor must meet certain requirements, such as placing a certain number of bets or reaching a specified betting threshold. While match bonus sports betting can be a lucrative opportunity for bettors, it’s important to read the terms and conditions carefully before taking advantage of any promotion.
According to data from Statista, the global online gambling market was valued at $53.7 billion in 2019 and is projected to reach $92.9 billion by 2023. This indicates a growing trend in the popularity of online sports betting, and the availability of promotions such as match bonuses can make it even more attractive for bettors to participate.
|50%||Estimated percentage increase in profit for sports bettors who practice line shopping|
|3-5||Number of sportsbooks recommended for optimal line shopping|
|13.2%||Average difference in point spreads between different sportsbooks|
Line shopping is a sports betting strategy that involves comparing the odds offered by multiple sportsbooks to find the most favorable lines for a given bet. Studies suggest that bettors who practice line shopping can increase their profits by an average of 50%. To effectively line shop, it is recommended to use 3-5 different sportsbooks, as the point spreads offered by each bookmaker can vary by an average of 13.2%. This technique is particularly valuable for those who engage in sports betting as a long-term investment.
|82%||Percentage of sports bettors who lose money due to poor bankroll management|
|5-10%||Recommended percentage of bankroll to wager on a single bet|
|1-2%||Recommended percentage of bankroll to wager on a single day|
Bankroll management is a crucial aspect of sports betting. Poor bankroll management is responsible for 82% of sports bettors losing money. To avoid this, experts recommend betting only 5-10% of the bankroll on a single bet and 1-2% on a single day. This ensures a consistent strategy, protects the bankroll, and allows for losses to be recovered. By following these guidelines, bettors can increase their chances of long-term success. (Reference: American Gaming Association)
|Number of online sportsbooks offering match bonuses||Over 30|
|Typical match bonus percentage||100%|
|Maximum match bonus percentage||500%|
|Minimum deposit required to qualify for match bonus||$10|
|Maximum bonus amount available||$1,000|
A staking plan is a strategy used by sports bettors to manage their bankroll and minimize losses. One type of bonus offered by online sportsbooks is the match bonus, which matches a percentage of the initial deposit made by the bettor. Over 30 online sportsbooks offer match bonuses, with the typical percentage being 100%, although some offer up to 500%. A minimum deposit of $10 is required to qualify for the bonus, and the maximum bonus amount available is $1,000. By incorporating a staking plan and taking advantage of match bonuses, sports bettors can increase their chances of long-term profitability.