Want to learn more about sports bonuses? Then you've come to the right place! In this article, we list the most common types of odds bonuses, explain how these bonuses work and what is important to keep in mind. 

DEPOSIT BONUS 

The most common odds bonus is a percentage bonus, which is often called a deposit bonus. This bonus works as if the player deposits an amount and the betting company matches a certain percentage of the deposit. It can vary between 50% to 500%, but usually the deposit bonus is 100%. 

If you take part in a 100% bonus and make a deposit of SEK 1,000, the betting company will match your deposit and give you SEK 1,000 in bonus. This gives you a total of SEK 2,000 to play for. A very nice sports bonus if you ask us at https://bastaspelbolagutanlicens.com/betting-med-snabba-uttag/

RISK-FREE GAME 

A common term in the gaming market is so-called risk-free games. A risk-free bet is a bonus that gives you the opportunity to place a bet, without any risk of actually losing.

Usually risk free bets are offered on a specific match, for example Manchester United vs Liverpool. The design can then be in the style of 'Bet for 100 kroner on Man Utd vs Liverpool and get your bet back if your bet doesn't go in'. 

INCREASED ODDS 

An odds bonus that was very popular a few years ago is increased odds, or boosted odds as it is also called. Enhanced odds work exactly as they sound: they are basically enhanced odds on a specific match. The odds can either be increased on one type of game form, for example that one of the teams will win, or on several different game forms. 

BONUS TERMS FOR ODDS BONUSES 

Almost all different odds bonuses have rules and conditions that need to be followed. Before taking part in a bonus, it is important to read these terms and conditions. There are mainly 3 components that are important to know. These are turnover requirements, validity period and minimum odds. Below we dive deep into what these terms mean and mean for you as a player. 

Turnover requirements

The most important thing to keep track of is the turnover requirement. A wagering requirement refers to how many times you need to play for, i.e. wager, your bonus before you can request a withdrawal of any winnings. Different betting companies offer different wagering requirements. For a regular odds bonus, the wagering requirement is usually somewhere between x4 and x8 times the bonus amount. 

Let's say you get an odds bonus of SEK 100 with a wagering requirement of x4. This means that you need to convert 100×4, which is a total of SEK 400. 

Period of validity

The turnover requirement also comes with a validity period. Validity period refers to how many days you have to fully convert your bonus. Previously, Swedish betting companies had to choose how long the validity period would be, it could be anything from 48 hours to 30 days. 

With the Swedish gambling law that was introduced in 2019, all Swedish gambling companies now have to have 60 days as the validity period for all their bonuses. 

Minimum odds 

Almost all odds bonuses also have a minimum odds. A minimum odds is simply the lowest odds you can place for it to be counted towards the wagering requirement. The minimum odds on a sports bonus are usually somewhere between 1.3 and 2.00. 

If you take part in a bonus with minimum odds of 1.8 and you bet on a match that has odds of 1.5, this match will not be counted towards your turnover requirement.