Australia's best betting sites

Bonus bets and bookmaker freebies for the 2016 T20 World Cup

T20 World Cup 2016 IndiaCRICKET’S top nations will head to India this March for the sixth edition of the ICC World Twenty20 tournament – the most prestigious 20-over competition on the planet.

That means four weeks of top-flight betting action as the world’s best short-form players slog it out for international glory.

Better yet, leading online bookmakers will run a whole heap of bonuses, promotions and special offers throughout the tourney.

So how and where can we get the best bang for our buck at T20 World Cup 2016?

2016 World Twenty20 bonus bets

Bonus bets (also called free bets) give punters the chance to win big without risking their own money. While these are commonly promoted as sign-up bonuses at online bookmakers, the best sports betting sites also offer additional freebies for special events such as the World T20.

Free bets are often awarded as deposit matches, where the size of the bonus is determined by how much money you add to your betting account on a specific transaction. They can also be claimed via prize draws and loyalty rewards.

But how do they work?

For example, let’s say a bookie is offering a T20 World Cup bonus bet up to $100. If we deposit $100 at some point during the tournament, we will get a $100 free bet which we can use on any accepted match market.

Not all bonus bets are alike, however. There are two different kinds:

Stake not returned (SNR bonus) – If your bonus bet is successful, the stake is forfeited and only the winnings are credited to your account (e.g. a $10 free bet at $7 odds would return $60).

Stake returned (SR bonus) – If your bonus bet is successful, both the stake and the winnings are credited to your account (e.g. a $10 free bet at $7 odds would return $70).

New customers can score huge bonus bets all year round at our top-ranked 2016 World T20 betting sites:

T20 World Cup cashback promotions

Imagine: your team has posted a seemingly unassailable total, only to see it chased down in the final over. That’s where money-back betting bonuses can save the day.

At big events like the World T20, many online bookies will offer to refund your stake should your bet lose in a certain manner. Some operators will replace the stake with a free bet, while others will credit the refund as real money.

For example, let’s say we put $20 on Australia to beat India in the World Twenty20 final. A bookie might offer to refund your stake with a bonus bet up to $50 if your team makes 190+ runs but loses the match. Thus, if the Aussies were beaten after posting 193, we would get our $20 back as a free bet.

World T20 multibet insurance

As a punter, there are few things worse than seeing that big-money multi bet come unstuck over one dodgy leg. It’s even harder to stomach when that bad leg was the one you thought was an absolute banker.

Enter, multi-bet insurance. For Twenty20 World Cup multis of four head-to-head legs or more, many of our top-ranked cricket betting sites will refund your stake if only one leg misses out.

For example, let’s say a bookie is offering multi insurance up to $50. We put a $10 parlay on Australia, England, Pakistan and South Africa to win their respective matches. If the Proteas lose but the other three legs salute, we get our $10 stake back.

Score up to $700 in free bets at William Hill – one of our most trusted T20 cricket betting sites