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Welcome Bonuses One of the most common types of bonuses is the welcome bonus, often offered to new players when they sign up. This bonus typically matches a percentage of the initial deposit, providing bettors with additional funds to use on their preferred games. For example, if a betting site offers a 100% welcome bonus up to $200, a bettor who deposits $200 will receive an additional $200 in bonus funds. Deposit Bonuses Similar to welcome bonuses, deposit bonuses apply to the subsequent deposits made by a player. Many betting sites offer multiple deposit bonuses to encourage ongoing patronage. These bonuses can be tiered according to the amount deposited, often providing higher percentages for larger deposits. It’s essential for players to read the bonus terms carefully to understand the wagering requirements associated with these offers. Free Bets Free bets are another attractive type of bonus. They allow bettors to place wagers without having to risk their own money. 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