Refer-a-Friend Bonuses

Refer-a-friend bonuses are a major part of a sportsbook’s arsenal. They incentivize you to invite friends to sign up to a sportsbook you have already joined. Both you and your friend then get a bonus in return.

The value of the bonus tends to be quite low, but you are often able to invite a large number of friends. This is how they differ from most welcome bonuses, which tend to be higher value but only available once per customer.

Refer-a-friend bonuses often come with eligibility criteria. To get your bonus, your friend will have to register via your invite link and deposit funds in their new account. There is often a minimum deposit requirement and sometimes they will have to place a bet too. Checking the bookmaker’s terms and conditions beforehand is therefore important.

The main advantage of a refer-a-friend bonus is the referrer doesn’t have to stake anything. They get the bonus provided their friend has registered and honored all the T&Cs.

However, if your friend does accept a referral bonus, they are often ineligible for other welcome offers. Considering these tend to be more lucrative, there is a downside for choosing a refer-a-friend bonus.

Accepting a referral bonus often makes them ineligible for other welcome offers.