What is a sports betting bonus and how does it work?
With a welcome or new customer bonus, you receive a bonus for free bets with your first deposit at a bookmaker. You usually have to wager this amount as required by the betting provider. You have to pay attention to certain parameters such as the minimum deposit, the minimum odds, the minimum turnover and permitted betting markets. In addition, the requirements must be completed within the prescribed time period. The bonus offers are primarily aimed at attracting new customers. A very popular variant is a no deposit betting bonus. Possible bonus offers:
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First deposit bonus
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Welcome bonus
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Free bet / Freebet
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Deposit bonus
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Coupon
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Reload bonus
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Cashback bonus
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Mobile bonus / mobile bonus
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Combo bet bonus
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Ratings boost
What are the conditions for bonus offers?
As mentioned above, you must meet various conditions in order for the bonus amount to be converted into real money. Only when you have met all the requirements can you freely use the additional betting credit. You can then cash out or take the amount and use it to continue betting. In our bonus reviews we go through the individual sales requirements step by step so that you don't make any mistakes when free spins.
In our review we explain to you how to register for the offers and how to use the bonus correctly.
Height in percent
The amount of the betting bonus is given as a percentage - the higher this value is, the more the bookmaker will add. A value of 100% means that the amount of your first deposit will be increased by one hundred percent. In this case, your deposit will be doubled. With a 200% bonus, the first transfer is tripled.
EXAMPLE:
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If you decide on an amount of €100, you will receive an additional €200 in the form of a certain defined credit. Ultimately, €300 ends up in your newly opened betting account.
Who has the highest bonus percentage?
Maximum bonus
The second part of the offer describes the maximum possible deposit amount up to which the bonus is granted. So if it says “up to €100”, then the bookie will grant you a credit up to a deposit of €100. You can spend more money on the initial transfer, but the bonus will only be added up to €100.
Who has the highest bonus amount?
Minimum deposit
Participation in the offer is generally tied to a minimum amount that must be paid. A small transfer is always a good sign. After all, for many sports betting fans, not only the maximum amount is a decisive criterion, but also the minimum deposit is crucial for the selection. Many people - especially those who are new to betting - initially want to transfer smaller amounts to their betting account in order to be able to get to know the bookmaker without taking a lot of risk.
When making your first transfer, you often have to pay attention to restrictions on payment methods . Most bookies don't allow all the methods you could otherwise use. More on this below.
Minimum sales
The value of the minimum deposit is particularly important for the turnover requirements. What this means is the minimum turnover: This means that the bonus amount – depending on the offer – must be wagered several times (e.g. 3 times, 4 times, 5 times, etc.) in order for the bookmaker to grant a payout. If you are granted the bonus in the form of a free bet - for example after losing your first bet - you only have to wager the amount once.
EXAMPLE:
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If you have to wager a bonus amount 3x of €100, you have to spend €300 to fulfill this requirement.
In this context, it is also important to note whether the turnover is to be unlocked with the initial transfer plus the bonus or just the bonus amount. For example, if you read that you have to wager the deposit and bonus amount 5x, this is just as good as an offer where you have to wager the bonus amount 10x.
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5x implementation of deposit and bonus amount
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10x wagering of bonus amount
Minimum odds
Betting providers do not count all bets towards sales. If the betting odds are too low, it does not contribute to implementation. The bookies set you a minimum odds that you must not fall below for the bonus.
CONCRETE:
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If the minimum odds are 1.50, you are only allowed to place bets with odds of 1.50 or higher.
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If the minimum odds are 2.00, the bet cannot have odds of less than 2.00.
As a rule, a distinction is made between betting odds for single bets and the total odds for combination bets . Some providers require a minimum odds for the entire betting slip for combination bets , others specify the required betting odds for each individual selection.
Time limits
It is important to be particularly attentive to the set time limits. There are also different conditions for new customers. A distinction must be made between the period in which you can claim the bonus and the period in which you must have fulfilled all the conditions.
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The period between registration and the first deposit. (ex: 7 days)
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The period within which the sales targets must be met. (e.g.: 30 days from deposit)
The more time you are given for the wagering requirements, the easier it will be to accomplish this and the better we rate the betting bonus. The ideal case is when no time limit is specified - that also exists.
Restrictions
Restrictions may affect betting markets , such as handicap betting and draw no bet. For example, with some betting bonuses live bets are excluded, with other offers you are given certain types of bets, such as combination bets . However, system bets are often not allowed to be placed as part of the bonus offers.
Payment methods
There are usually restrictions on the bonus when it comes to payment methods. Most bookies do not grant credit with transfers via Skrill , Neteller and Paysafecard. There may also be restrictions on other transactions. Other bookmakers let you deposit using cryptocurrencies .
Bookies offer an extremely diverse range of payment options. The standard nowadays is that you can deposit for the bonus using a credit card. The most popular options include Klarna the classic bank transfer and eps. Some bookmakers also allow you to deposit using cryptocurrencies such as Bitcoin.
Our rating: How does this come about?
As part of our large betting provider comparison, we of course also take a close look at the sports betting bonus offers of the individual bookmakers. Of course, the welcome or new customer campaign described on this page is by far the most important criterion in this category . The overall rating is obviously made up of the ratings for the individual condition . Up to 10 points are awarded in this category for the best offers.
