Pros and Cons of Betting Welcome Bonuses
Attracts new players to the betting site
Opportunity to explore the platform
Chance to play more or with higher amounts
Risk-free feel
Players may need to invest money upfront
There may not be a wide choice of eligible games
What is a Bookmaker Welcome Bonus?
A bookmaker welcome bonus is an offer given to new players when they join the site. This offer usually covers the first or a number of deposits. Bookmakers usually present the offers to players on the homepage and promotions sections to increase their visibility.
Why Do Betting Sites Offer Welcome Bonuses?
The primary reason why bookmakers offer welcome bonuses is to encourage new players to bet on games provided by the site. Some other offers are meant to give players a taste of the betting site before they spend their cash on it. Others are meant to boost the odds or increase the potential wins for the new players. You may find welcome bonuses meeting more than one goal.
What Are the Benefits of Welcome Betting Bonuses?
There are several benefits to receiving welcome bonuses. First, they give players more stakes to bet on without requiring them to spend more. This means that they would not be risking higher amounts for their betting. Second, other offers, such as the no-deposit bonus, give players a risk-free opportunity to bet on games.
Some offers lower the amount of loss that players make with their first set of bets, as bookmakers refund parts or the entire bet amount. In addition, other offers increase the chances of earning higher prizes, such as jackpots and tournament prizes.
Top 3 Betting Welcome Offers
BC.game
Welcome Bonus Up to 20,000₮
Huge bonuses
⚡️ BC.game RTP: | 95.40% |
⏱️ Payout Time: | 1-3 Days |
💰 Payment Methods: | paypal, visa, mastercard, bitcoin, applepay, binancecoin, solana, monero |
🏇 Number of Betting Markets: | 150 |
🎁 Bonus Offer: | Welcome Bonus Up to 20,000₮ |
Pros & Cons
Generous welcome package
Wide range of betting options
Daily and weekly promotions
Multiple payment options
Loyalty and VIP benefits
Complex bonus conditions
Withdrawal limits
BC.Game's sports betting bonus offers stand out for their generosity. The platform welcomes new users with a substantial bonus, offering up to a 300% match on first deposits. BC.Game also provides a variety of daily and weekly promotions, including tasks with specific objectives for rewards, cashback, contests, and tournaments with significant prize pools.
Furthermore, the loyalty and VIP program rewards consistent play with great perks, enticing bettors to engage with the platform often. The versatility in banking options, with support for over 60 cryptocurrencies alongside traditional fiat options, ensures accessibility and ease of transactions.
BC.game Bonus
Welcome Bonus Up to 20,000₮
+3
Accepted
Stake.com
Welcome Bonus Up to 1,000$
Many attractive promotional offers
⚡️ Stake.com RTP: | 96.00% |
⏱️ Payout Time: | 1-3 Days |
💰 Payment Methods: | bitcoin, ethereum, dogecoin, eos, ripple, litecoin, tron, bitcoincash, binancecoin, solana |
🏇 Number of Betting Markets: | |
🎁 Bonus Offer: | Welcome Bonus Up to 1,000$ |
Pros & Cons
Extensive betting options
Numerous promotional offers
Crypto support
Live betting and streaming
Excellent customer support
Regional restrictions
No standard welcome bonus
Stake.com has a unique approach to sports bonus offers and promotions. Unlike traditional sportsbooks that offer a standard welcome bonus to new users, Stake opts for a variety of alternative rewards and incentives. These include a birthday bonus, monthly bonuses for active engagement, weekly offers with significant prize pools, and a daily race with rewards for top participants.
Stake also has a great VIP program and special promotions tied to major sporting events. This approach attracts a wide range of bettors, from casual to high-stakes players, ensuring there's always something to enhance their betting experience
Stake.com Bonus
Welcome Bonus Up to 1,000$
+5
Accepted
lucky10
1xBet
Welcome Bonus Up to 100€
High odds
⚡️ 1xBet RTP: | 94.11% |
⏱️ Payout Time: | 1-3 Days |
💰 Payment Methods: | visa, visael, mastercard, neteller, skrill, ecopayz, bitcoin, astropay, jetonkart, ethereum, dogecoin, eos, ripple, litecoin, tron, cardano, shibainu, stellar, chainlink |
🏇 Number of Betting Markets: | 150 |
🎁 Bonus Offer: | Welcome Bonus Up to 100€ |
Pros & Cons
Wide selection of sports and betting markets
Very high odds
Comprehensive live streaming service
Generous bonuses and promotions
Global accessiblity
Slow verification process
Technical difficulties with the website
1xBet Sportsbook is renowned for its remarkably vast array of betting options that span across multiple sports, from the most popular leagues in football, basketball, and tennis to more niche interests like esports and virtual sports. This diversity, coupled with some of the most competitive odds in the market, makes 1xBet a top bookmaker.
Additionally, 1xBet attracts users with its generous bonuses and promotions and advanced features like live streaming, allowing users to follow a wide range of events in real-time.
1xBet Bonus
Welcome Bonus Up to 100€
+14
Accepted
Types of Betting Sign-Up Offers
The popular betting sign-up offers include:
No Deposit Betting Bonus
A no-deposit betting bonus is an offer where you do not need to make a deposit. All the bookmaker requires from you is that you sign up for an account and opt into the offer. These types of offers are meant to enable players to get a taste of the gambling sites before they decide to spend their cash on their accounts.
Most no-deposit betting bonuses are in the form of cash offers. However, you may find others in the form of bonus bets (similar to free spins in online casino no deposit bonuses). They come with some terms, such as eligible sports/events and wagering requirements. You have to meet all of these terms before you can withdraw your winnings.
There are also sticky no deposit bonuses where the total value of the bet is subtracted from your winnings. Read the terms of the offer carefully to know the particulars of the offer you wish to have.
First Deposit Betting Bonus
The first-deposit bonus is the most popular type of welcome bonus. In this case, the player makes an eligible first deposit for them to receive the bonus. The bonus comes when the amount they deposited is reflected in the account. The bonus may be a fixed amount for a given deposit or a percentage of the amount. For example, if a bonus is 100% of the first deposit up to £500, it means that the bookmaker will match the first deposit up to the given amount.
Most first-deposit bonuses are in the form of cash. However, you can get boosted odds, cashback offers and free bets of a given value. Some offers also cover several other deposits besides the first. You may find terms such as the rollover requirement and the eligible games. Be sure to meet them so that you will be allowed to withdraw your winnings.
Free Bet Offers
Just as the name suggests, a free bet offer is a bonus where you get a free bet of a certain value - you may be able to get 40 in free bets, get 30 in free bets, get 20 in free bets, etc. Keep in mind though that when it comes to no deposit free bets, you may be required to play with the entire free bet in one. There are only a few cases where the bookmaker allows more than one betslip with the free bet stakes.
In other cases, the bookmaker will require you to add some cash to the free bet at a given percentage when placing a bet. In such a case, the free bet amount will be shown alongside the real money bets that you have placed.
Most free-bet offers do not have rollover requirements. However, this is not always the case. Check the terms and conditions of the offer that you wish to take before you start to play with the free bet. There might also be instructions on the number of games to bet on and the minimum odds for each of the games.
Refunded First Bet
A refunded first bet offer is a conditional welcome offer where the player gets the full amount of the first bet if the bet loses. You will not get the offer if the first bet goes through. This amount is usually refunded as a free bet.
This offer is similar to getting a second chance at betting on given games without having to spend more. So, if you bet £10 and lose, you will get a 10 free bet as a bonus. The free bet offer you get is similar to any other free bet, although you will be required to place the entire value of the bet in a single round. Cs apply and there may be minimum qualifying bets as well.
Mobile Betting Sign-Up Bonus
A mobile betting sign-up bonus is an offer meant for players who sign up using their mobile devices. It is not available to those who sign up using their desktops. If you wish to claim such an offer, you just need to sign up with your mobile device and take advantage of the welcome offer. In most cases, the bookmaker will offer several welcome bonuses and the mobile betting sign-up offer will be one of the available options.
If bookmakers have an app in place, players may be directed to install the app before claiming the offer. The bookmaker might use other methods to ascertain that you are playing from your mobile device. This offer is generally meant to encourage mobile betting among new players.
Bookmaker Welcome Bonus Terms and Conditions
Needless to say, all sports betting welcome bonuses come with specific terms and conditions new players need to meet in order to take advantage of the offers.
🔒 Bonus Limits
All welcome offers have bonus limits. This is the cap on the amount of cash or value you will get as a bonus. In most cases, the limit is based on a percentage of the first deposit. For example, if the bonus is 100% up to £500, it means that the maximum bonus is £500. However, the amount you get is based on the deposit you make. In other cases, you get a fixed amount for the bonus - or the amount of the bet credits stake is limited. The maximum free bet is also quite likely to be explicitly stated.
⚽ Eligible Sports/Events
Most bookmakers will specify the sports or events on which you can use the welcome bonus. You may be asked to place a bet on games in a specific league, sports, or games played within a specific period - for example, you may get football free bets. This information is indicated in the terms and conditions of the offer. Therefore, read and identify the eligible events before placing the bet. In lucky cases, you may have a free hand in determining the games to place, as long as they meet other qualifications explained in this section.
📈 Minimum Odds
Most bonuses require minimum odds below which you cannot place a bet with the bonus amount. This information usually accompanies the eligible sport or becomes the defining feature. For example, the games may ask you to provide odds of 1.8 or higher. This means that only games with these odds or higher are allowed on your bet slip. When making the game selection, ensure each of the entries meets this requirement.
🥏 Wagering Requirements
The wagering requirements denote the number of times you will need to wager the wins you make from the bonus before you can withdraw your cash. This is also referred to as the rollover requirement. Your wins are held in a bonus wallet until you complete the wagering requirement. Then, the amount is transferred to your available balance.
Many welcome bonuses have rollover requirements of less than five times. The higher the requirement, the less amount you are likely to take home, as each round presents a risk of losing the entire amount. Therefore, check bookmakers with few wagering requirements. Remember, wagering requirements may be accompanied by eligible sports and minimum odds.
⌛ Time Limits
The time limit is the duration within which you are supposed to have completed the terms of the offer. For example, the terms of the bonus may require you to have completed the terms within a week or five days. Quite often free bets expire in seven days. If you have not completed the terms of the offer within the said period, the bookmaker will remove the bonus winnings from the account. We recommend that you claim the welcome bonus when you have time to play with it.
💶 Minimum Qualifying Deposit
The minimum qualifying deposit is the amount you should deposit to claim the offer. For example, if the minimum qualifying deposit for an offer is £10, it means that you need to deposit at least £10 to claim the bonus. You can deposit more to claim a higher bonus, especially where the bonus amount is based on a percentage of the deposit. Most bookmakers have a low minimum deposit but place a higher minimum qualifying real money bet for their promotions.
💰 Cap on Winnings
A cap is a ceiling on the amount you can take home from the bonus. Some bets have unlimited potential and bookmakers would like to cut down on the amount they would give to winning players. You may find a bonus with a winning cap of two or three times the bonus amount. Other times, the bookmaker gives a specific value for the maximum win.
💲 Withdrawal Conditions
Every bookmaker has withdrawal conditions that you must meet before the cash lands in your account. Some require you to verify your account by presenting documents that show your personal information and location. Others require you to withdraw using the method that you use for deposits.
You may also find restrictions on which day and time you can make a withdrawal. Failure to meet any of these requirements leads to the withdrawal cancellation. Therefore, follow these requirements to the letter when making a withdrawal request.
What to Look for When Choosing a Betting Welcome Bonus
The Sign-Up Offer
Determine the bonus amount you will likely get from the offer. Sometimes the total amount is not defined, as it depends on the deposit you make. Make your calculation to determine the value of the bonus- the free bet stake, the matched percentage, the maximum bonus amount, etc.
In addition, check the minimum amount you are supposed to deposit to earn the bonus. This is vital if you wish to bet with the lowest amount. However, if you wish to go with the highest bonus, be keen to check the maximum bonus amount availed.
Wagering Requirements and Other Bonus Conditions
Determine the wagering requirements for the welcome bonus. How many times should you roll over the bonus? Are there specific games that you should bet on with the bonus? What are the minimum odds of each of these events?
Has the bookmaker given you enough time to wager the bonus? Are there any other conditions that you are supposed to meet before you can claim the winnings? These conditions could include a cap on the maximum win, the use of a mobile device or specific withdrawal terms that you must meet before taking home your win.
Remember, the higher the number and strictness of the offer, the lower the amount you will take home. Therefore, always go for the lower and less restrictive terms when claiming the welcome offer.
Withdrawal Process
The withdrawal process determines when and how long it takes to get your amounts after making a withdrawal request. Many bookmakers will only ask you to verify your account details before making the first withdrawal request. However, you may be required to follow other terms or be faced with a long pending time.
If the bookmaker restricts the amount and time you can withdraw your cash, it may extend the length of time it takes to get your cash. On the other hand, if the pending time is too long, you also stay long before getting your cash. Explore the bookmaker to determine the withdrawal process and the duration of payouts for most methods.
❓Frequently Asked Questions about Betting Sign-Up Offers
Welcome bonuses at bookies are offers to increase the possible win amounts for new players. New gamblers may be required to create accounts and make an eligible deposit to claim the offer. There are several conditions that one must meet to win the bonus. These conditions are specified in the terms that accompany the offers.
Quite often, to claim free bets and other welcome bonus you need to make an eligible deposit and bet with the said amount (make a qualifying bet). After meeting the terms of the offer, you can withdraw your amounts or wager them on other events in the bookmaker.
Welcome bonuses are just for new bettors. You claim the bonus just after signing up for an account, before or with the first deposit. If you fail to claim the offer, you do not get any other chance to play with it. Fortunately, you may find other offers in the promotions section. There are free bet clubs and other special programs and promotions for existing customers.
A good betting sign-up offer is one with a low minimum eligible deposit, a high maximum bonus amount and low wagering requirements. Besides, it has fewer restrictive requirements and a reasonable period within which to complete the terms of the offer. The best free bets can be used on multiple events and do not expire too soon.
The low minimum eligible deposits work for value seekers, while the high maximum bonus amount works for the high rollers. On the other hand, the low wagering requirements mean that you have a lower risk of losing your winnings.
It depends on the bookmaker. Some betting sites allow players to deposit using whichever method is accepted on the website, including cryptocurrencies, while others specify what methods one can use to claim the bonus. Others have a welcome bonus specifically for cryptocurrency deposits. Check if the cryptocurrencies are accepted by your favourite bookmaker.
There are several pointers to a trustworthy bookmaker and, by extension, their welcome bonus. A trustworthy bookmaker has a valid licence from a reputable jurisdiction. It also has fair terms and conditions for the use of the website as well as the promotions.
In addition, the bookmaker enables fast withdrawals and has few or no restrictive terms for using the bookmaker. Finally, it has a reputation for paying out wins players make from its welcome bonuses.
Yes, you can withdraw winnings made with the welcome bonus. However, you must meet the terms and conditions of the offer before making a withdrawal request. These terms accompany the bonus offer on the promotions page. You will know you have met the terms when the bonus amount moves from the bonus wallet to the available balance.