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Referral Bonuses reward players for inviting their friends to the platform. The rewards and terms vary. Referral bonuses are one of the easiest to claim at online casinos, and they are open to all registered users. If you are curious about referral bonuses in 2024, this guide is for you. We have curated a list of referral bonuses you can try in 2024.Â
What You Should Know About Referral Bonuses
Referral bonuses are easy to understand. The important thing is to learn how they operate and make your decisions accordingly. You can find numerous referral bonuses on review websites like Betpack, but you should understand what you should expect. Here are the facts about these bonuses:
- A referral is only regarded as successful when your invited friend signs up, makes a deposit, and places a bet. If these steps are not completed, you cannot claim the bonus.Â
- You are allowed to invite more than one friend using the referral program. Invite as many friends as you can to maximize the amount you can make.
- You can track your referrals to see how they are going. If any of your friends have dropped off at any step, you can nudge them to continue the process.Â
- For a referral to count, they must sign up using your referral link or code. If your friend signs up to the platform directly, it will not count towards the bonus.Â
- You can find your referral link or code in the referral promo section of the online casino. Check the promotions page for more details on the referral bonus.Â
Pros and Cons of Referral Bonuses
There are benefits and drawbacks to referral bonuses. Players should understand what they can gain or lose from claiming this bonus. Here are the pros and cons of referral bonuses at online casinos.Â
Pros
- You and your referred friend will have bonus money to start playing at the casino. You will not need to make a large initial deposit.Â
- You can invite multiple friends and claim bonuses on all of them. Online casinos allow players to invite more than one friend.Â
- Players tend to be loyal to online gambling platforms that are recommended by friends. The word of mouth recommendation means that someone they trust has done the vetting process for them. This is why casinos give these bonuses.Â
- There are free bets and bonus money available to be claimed from referral bonuses.Â
Cons
- The bonus has wagering requirements which must be met before players can withdraw them. If these requirements are steep, you may lose all the money at the casino before you qualify to withdraw.Â
- Referral Bonuses have strict terms that must be met before players can claim the bonus. It is not enough for the invited players to sign up; they must also make a deposit. This makes it harder for players to convince their friends to sign up.Â
- Most referral programs put a cap on how many people you can invite. This limits the potential returns that players would have hoped to receive from the bonus.Â
Top Referral Bonuses You Should Know
Referral bonuses come in different amounts and requirements. There are different adverts for bonuses being thrown in players’ faces daily. We have gone through the tedious process of checking each of these bonuses to determine which is the best for you. Here are the top 5 bonuses you should know.
Crypto Games
Crypto Games is a cryptocurrency betting platform. It offers a referral program to its users that gives them 25% of their invited friend’s revenue share. They will also allow you to claim 1% of your deposits as a cash bonus. There is no limit on the number of people you can invite and there are no wagering requirements on the bonus money. New users must sign up using your referral link and must place a bet on the platform. The minimum deposit amount must also be met for this bonus to be claimed successfully.Â
1xBet
1xBet is one of the most popular betting websites in the world. It is hailed for its large sportsbook and trading options that give surest flexibility. The referral program for 1xBet offers players up to 25% in commissions for each friend they invite.Â
The best part of this program is you do not have to be a user to participate. You can generate a referral link to get rewards when the people you invite sign up. It is an open program that allows non-bettors to recommend a betting website to their punter friends. If these friends sign up and start placing bets, they receive a reward.Â
BetMGM
Bet MGM gives you the chance to choose the kind of referral bonus you want. You receive $50 for each friend you invite to the platform. Each user is allowed to refer up to 20 friends each month. Here are the options available to you:
- $50 sports bonus
- $50 casino bonus
- 100% up to $1000 plus up to $75 in tournament play poker bonus.Â
The bonus has a 1x wagering requirement, and the new users have to register and make a deposit for you to qualify. New customers at BetMGM receive a $25 no-deposit bonus when they sign up and a 100% match bonus when they make a deposit.Â
FanduelÂ
The Fanduel referral bonus rewards both the referrer and the new sign-up. Both people will receive $100 when the invited friend creates an account and deposits $10. The new player is also expected to play a game on the website within 28 days to activate the bonus for both parties. The bonus reward is shared between the casino and sports book section of the online gambling website. This means that you can only use $50 for casino games and $50 for betting. New users who wager up to $ 2000 within their first 24 hours of signing up will receive their losses as bonus funds.Â