Almost every operator will offer a welcome bonus to entice new members — these range from free bets to reduced or removed commissions, and sometimes bonus winnings. The best offer will depend on the type of bettor you are. If you are a seasoned online bettor who places many bets, you would most likely appreciate having your commission refunded. New members, on the other hand, would probably benefit more from free or matching bets. Don’t forget that losing bet refunds offer you a great way to try out some riskier horse racing bets without worrying about blowing your betting stake.