Sports betting is intrinsically linked to sport itself, and their destinies are entwined. This is due to the game being that much more interesting when there is a personal investment riding on the outcome.
The sports betting market is blossoming and the future of the industry looks bright. The market is expanding at a rate similar to the internet’s globalisation process, with better and better platforms and systems developing constantly. The competition for punters has created a number of benefits for the sports betting community at large. Currently the forerunner of online sports betting is the rapidly expanding and comparatively youthful mobile market. This mobile revolution has brought with it some exciting opportunities as a consequence of a swathe of online betting offers.
Australian mobile sports betting market has been rapidly growing since 2007. The mobile platform offers a broad package of benefits that is commensurate with the fact that this forum is becoming the coal-face of sports betting. More than half of all online sports bets placed are now made on the mobile platform, and punters are reaping the rewards of this.
With this level of growth, the mobile betting industry and the associated online betting offers and apps have been able to establish a broad-based and highly rewarding sports betting environment. This has come to facilitate many sporting codes’ involvement, large varieties of betting options and a platform that grants access from the comfort of the punters’ palm.
There is a global love of both AFL Grand Final betting and sports betting. Online betting sites and sports books offer punters premium betting offers that improve their odds when wagering on the various sporting events. Although there is a constant supply of online betting offers becoming available all the time, in principle, the bulk of online betting offers are variants of the standard free bets offer.
The free bets that sports betting sites offer are an incentive to join the site. The top sports books will match an initial bet with an equivalent amount that can be used to wager on any other event, often with the proviso that the odds are above a certain level such as 2:1. Free bets are provided in two categories that are known as stake returned free bets and stake not returned free bets.
Stake returned free bets is much the same as using one’s own money, only with improved odds. This means that winning the wager will endow players with the regular winning pay out plus a return of the value of the bet. Therefore a winning bet of 10 Euros at 4:1 will receive their stake back and thus receive 40 Euros including the return of wagered stake.
Stake not returned free bets do not return the stake placed on the bet, but the bet is conducted without real money involvement. Therefore, despite paying out less than the previous example, namely 30 Euros for a win, this is still rather significant since the bet would have been placed for free.
Like wagering requirements at casinos, online betting offers specify minimum odds that must be wagered upon in order to qualify for these free bets bonuses. These online betting offers are site, sport and bonus specific. Punters should always confirm these offers and the conditions attached with the sites’ terms and conditions.