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Business and Management Eden Kean  

Online Bookmakers – Are They All the Same?

The rise of online gambling has ensured that punters have more accessible bookmakers than ever before.

In any market with so many competitors each will use different methods to differentiate themselves in the market and betting is no different in this matter. 

Check out this site for best online bookmakers.

Here are some ways in which companies entice you to bet with them :

  1. Free Bets for New Customers – This is the most common tool and it usually involves the bookmaker matching the customers 1st bet with a free bet of the same value up to an advertised amount. Free bet offers can be lucrative, but you need to get in quickly- the amounts are starting to be reduced by many bookmakers.
  1. Best Prices – All bookmakers set their own prices for each event and obviously some set better prices than others for the same event. Betting with these bookmakers can earn you good money if your selection wins.
  1. Free to enter competitions – Bookmakers are offering free competitions with huge prize money and all you need to do is to register your details.These competitions can be profitable as you can win some good amount without investing your own money.
  1. Existing customer offers – Some bookmakers have offers open to everyone where they will refund your losing bet if a set event happens i.e. It’s worth knowing about these types of offers as they give you a chance to get your money back as a free bet if your bet loses.

If you are a new customer, make sure you check that the bookmakers are reputable before you sign up. Look out for any bonus offers they have for current customers once you have joined, it’s wise to take any advantage you can.