Odds bonus: Types
There are several different odds bonus types that you can register with when you create a player account with a bookmaker online. It can be, for example, a risk-free game, matched freebet, deposit bonus and other various odds bonuses. Below you will get an introduction to several different bonuses that you may come across when surfing the web.
Tax-free odds bonus
If you are looking for odds bonuses with tax-free winnings, you can benefit from playing with one of the many bookmakers available in Denmark. When you live in Denmark and you play on a gaming site licensed by the Gambling Authority, you can enjoy tax-free winnings on your odds bonuses and other bets.
Risk-free games
One of the most popular types of sports bonus is free betting, which is also called risk-free betting. It can work in several different ways. First of all, you can get, for example, up to DKK 500 to place free bets. On the other hand, you can also be covered by the fact that if, for example, you lose your first bets, you get a free bet of DKK 1,000. In both cases it is called a matched freebet. When it comes to a matched freebet, it means that the bookmaker matches your first deposit with a risk-free bet.
Whether a freebet is paid out immediately depends on terms and conditions. If you need to meet turnover requirements a certain number of times at minimum odds, you must first focus on the bonus conditions. As I said, it can also be the duration of 60 days of payments made, and other factors that we have mentioned further above.
The 500 and 1000 DKK are just examples and the amount of the risk-free game can and often will vary. It is therefore important that you read the bonus conditions. There you can also read about the minimum deposit, turnover requirements and other conditions that are necessary for you to receive the bonus and have it paid out.
Welcome bonus
You will often come across the word “welcome bonus” when you look at odds bonuses online. It covers several different phenomena. Among other things, it can be the risk-free games mentioned above. It can also be a deposit bonus, where the gambling site matches your first deposit with a certain percentage up to a certain amount.
No deposit bonus
A No Deposit bonus is a bonus without deposit. That is why it is also called a no-deposit bonus, and it can be both exclusively as a welcome bonus for new members or for existing members.
With a no-deposit bonus, this means that there is no minimum deposit requirement. On the other hand, there may be requirements such as turnover requirements. If there is, you will need to deposit money to bet it a certain number of times to cash out any winnings. You can always read about this under the bonus conditions when you register with the odds bonus online.