Types of Hockey Betting Bonuses and Promotions You Should Know

Edna Boykin
December 16, 2024

Hockey betting bonuses can be easily claimed by those who want to start the journey at any hockey betting site or give their betting account a major boost in funds whenever required. These bonuses enhance the overall betting experience, giving players opportunities to bet more and win more.

What bettors should know is that these bonuses are available in different types, catering to both new and seasoned punters, but they have a set of requirements before the bonus funds and potential winnings can be cashed out.

Therefore, if you want to maximize your winnings and minimize the risks, it is important to understand the different types of bonuses and make informed betting decisions.

Common Betting Bonuses and Promotions for Hockey

There are quite a few hockey betting bonuses and promotions around. So, players have a decent choice while picking a bonus for themselves.

The hockey betting bonuses are designed to attract new players and retain the existing ones with different betting styles and preferences.

We recommend our readers to try the various types of offers before designing on their favorites.

Below is the list of the betting bonuses and promotions that you will most commonly find on the best hockey betting sites–

Welcome Bonus

Welcome bonuses are also known as sign-up or registration bonus available for hockey players who register on their chosen sportsbook. The classic offers are often available as a package, including match deposit bonuses and free bets.

However, it can be slightly difficult to claim them as they have certain terms and conditions, like wagering requirements, attached to them. Players need to fulfill the wagering requirements in order to claim the bonus funds.

Free Bet

Free bets are often advertised as risk-free bets, but they may not always be free of risk. For instance, a hockey betting site can match the first deposit when a player makes a bet and loses and calls the second bet risk-free since they got the funds as bonuses.

However, since players took the risk with the initial bet, calling the second risk-free cannot be completely true. Nevertheless, free bets offer a fixed amount of free funds that players can use to place a wager on their choice of hockey events.

However, keep in mind that the winnings earned from these hockey betting promotions cannot simply be withdrawn unless players wager the amount required by the sportsbook.

Deposit Bonus

Deposit bonuses are offered when players make deposits on the platform after registering. They can be both no deposit and deposit bonuses. No-deposit bonuses, as the name goes, are bonuses offered when players do not deposit on the platform to place a bet and test the new hockey betting platform.

On the other hand, deposit bonuses, also known as matched deposit bonuses, match the deposit amount in the betting account and give players the bonus funds that they will require to wager before completing the withdrawal.

Deposit bonuses are the most frequently available betting bonuses for existing hockey players during playoffs and seasons.

To maximize returns from these bonuses, it is wise to make subsequent deposits and meet the turnover or playthrough requirements to avoid any surprises later.

VIP Program

If a hockey betting site recognizes that a player is a long-term user who invests a lot of money with them, they might offer certain perks through their VIP or loyalty programs. Many hockey sportsbooks have a multitiered VIP system for ranking their users in terms of loyalty.

VIP programs are unique hockey betting promotions that reward loyal players with exclusive incentives such as special promotions, higher bonuses, dedicated account managers, and faster withdrawals.

Note that most of these promotions have strict rules and limitations, including terms and conditions that can affect the actual value of the VIP rewards.

Hence, it is important to pay close attention to the platform’s fine print before you register with any hockey betting site or claim any betting bonuses.

Nickel Lines

A Nickel Line is a hockey betting spread with the juice or the commission that the betting site takes when setting the odds is 5%, leading to a spread of -105 ($1.95) than the standard -110 ($1.91). So, Nickel Lines refer to the type of betting lines where the difference between the betting odds for the underdog and favorite is 5% or five cents.

It is essentially the difference in the amount that players need to wager on their favorite to win $100 and the amount that they would win the bet of $100 on the underdog. So, if you are using Nickel Lines, you can get a competitive edge, especially during hockey games with high stakes, like championship events and playoffs.

Conclusion

Every hockey betting site needs to stand out from the competition in the overcrowded sports betting market. What better way to do that than by offering betting bonuses that provide hockey players a new dimension? Along with these, players should also explore hockey betting tips to enhance their betting strategies and find bonuses that best suit their style.

From welcome bonuses and deposit bonuses to cashback, free bets, and VIP programs, there is something for all types of bettors. So, suppose you are looking for ways to maximize your betting experience. In that case, it is important that you remain updated on seasonal or event-specific promotions and claim as many bonuses as available on the chosen hockey betting website.

FAQs

What are the most common types of hockey betting bonuses?

The most common types of betting bonuses for hockey are welcome bonuses, free bets, deposit bonuses, VIP programs, and nickel lines.

Are there any restrictions on using hockey betting bonuses?

Yes, there are restrictions on using betting bonuses for hockey in terms of playthrough or wagering requirements, expiration dates, and maximum withdrawals that can be made on the platform.

Can I withdraw my bonus funds immediately in hockey betting?

No, betting bonuses for hockey cannot be combined.

Can I combine different hockey betting bonuses?

Withdrawals of their winnings from bonus bets immediately after hockey betting depend on the terms and conditions laid out by the specific sportsbook site. Look for the terms and conditions, like wagering requirements and other withdrawal policies, before registering with any hockey sportsbook.