Transfermarkt EN

Sports betting welcome bonus 2024

The betting bonus as a welcome gift is still the most important feature of a bookmaker to attract new customers. Sign up bonuses often differ significantly from each other, which is why a detailed comparison is important. With our extensive sports betting bonus comparison, you can immediately see where the strengths and weaknesses of a bonus offer lie. Below, you have all the important parameters at a glance:

The bookmakers’ terms and conditions apply | 18+ | gamble responsibly

How do we test the betting bonus offers for you?

At first glance, a sports betting bonus seems relatively simple. The player pays a certain amount and receives the bonus on his account. But the most important part are the conditions. How many times do you have to wager the bonus? What are the minimum odds? Are all available sports bets allowed? There are huge differences between betting sites with bonuses. Our comparison focuses on these parameters:

  • Bonus amount
  • Bonus percentage
  • Minimum deposit
  • Minimum odds
  • Turnover conditions
  • Turnover period
  • Availability
  • Payment methods

For many players, the maximum amount of the bonus offer is the most important factor. However, we would disagree here. Although the maximum bonus amount is always a popular advertising sign, it is clearly the turnover conditions that are decisive when opting for a bookmaker. Another important factor is the bonus percentage. With a 200% up to 100$ betting bonus, it is therefore already enough for you to make a deposit of 50$. Another popular variant is a 400% promotion, where you can deposit a maximum of 10$. This results in a betting bonus of 40$. The most common sign up offer is a 100% up to 100$ bonus.

best betting bonus offers for UK

The bonus conditions in detail

The conditions of a bonus are also called “rollover”, turnover or wagering requirements. It is about which parameters have to be fulfilled in order for the betting bonus to be available for withdrawal. The main component is the amount that must be wagered. This is determined by the betting provider, whereby there are two different variants.

We would like to illustrate the differences with the help of an example:

Wager 3 x bonus – for a €100 bonus, this is €300 you need to wager
Wager 3 x bonus + 3 x deposit – for a 100€ bonus you have to wager 600€

Then, the minimum odds come into play, which must be used for the bonus turnover. Here there is either a requirement of total odds (for example 2.00) or a minimum odds per bet placed (individual tips must have odds of at least 1.50). These two variants can also be combined by the bookmaker. For example: Either the minimum odds of 2.00 must be fulfilled for single bets and accumulator bets on the betting slip below the line or, in the case of combination bets, each individual selection must fulfil the minimum odds.

In practically all bonus terms and conditions, the bookmaker determines a certain period of time during which the turnover conditions must be met. This is usually given in days. However, it can also be days after receiving the bonus or after the first deposit. Of course, we list this information clearly visible for you. This period is usually around 30 days.

Furthermore, a sports betting bonus can also have an expiry date in the general terms and conditions. However, some offers are valid for an unlimited period of time, which is why we attach great importance to keeping all data up to date for you. It is also worth taking a look at whether certain payment methods are excluded from receiving the bonus. It is possible that you can deposit with this method at the bookmaker, but this does not entitle you to receive the free bonus on registration. Therefore, it is always important to analyse a bookmaker’s offers prior to opening a betting account. See for instance our Paripesa review, in which you find detailed information about the bookie’s welcome bonus offers as well as the payment options available.

Betting bonus glossary – what do the different terms mean?

One of the biggest challenges for sports betting newbies is understanding the many different terms used in the betting bonus world. In the next few paragraphs, we will try to list all the common terms in an ABS glossary and explain them. This should clarify any misunderstandings about betting bonuses.

New customer bonus/ sign up bonus

A first deposit bonus, which is specifically aimed at new customers, is the classic offer from bookmakers. Usually, you receive information about signup bonus offers when registering an account with a bookie for the first time. See for instance our Helabet registration guide for reference. As a rule, these signup bonus offers can only be claimed once per player and are subject to certain conditions. This type of promotion usually does not change often, mostly there are only small changes in the conditions. The new customer sports betting bonus is also often advertised.

Reload Bonus

Players are usually offered a reload bonus individually. These promotions are sent to the user by e-mail and can then be redeemed during a certain period. The bookmakers reward their frequent players with such promotions, which you should definitely use. The turnover conditions are often easier than with the normal welcome bonus.

Cashback Bonus

With the cashback bonus, the betting provider returns a percentage of lost credit to the user. For example, if you gamble away €200 in a month and you are granted a 20% cashback bonus, €40 will be returned to your betting account in the form of bonus credit. Also these are promotions that are most of the time awarded individually to the players.

Mobile Bonus

Only very few providers have a mobile sports betting bonus in their portfolio. In these cases, a small bonus amount is credited to your betting account for downloading and using the bookie’s native app or the mobile version. However, since almost all users these days access a betting provider’s site via smartphone or tablet, these types of promotions are becoming rarer and rarer.

Friendship bonus

Just like the mobile betting bonus, the majority of bookmakers no longer offer a “refer-a-friend” bonus. In this case, you must recruit a friend to register an account with the bookie, usually via a certain link or using a code. The recruited friend must then deposit a certain amount and also lose their bets in order for the original user to receive his bonus. While this kind of bonus offer is becoming much less frequent, there are still providers who rely on this form of advertising.

Free bet

The free bet as a substitute for a bonus is becoming increasingly popular with bookmakers. Here, a free bet is awarded for the first lost bet in the amount of the stake (usually up to €100). If you lose your first placed sports bet, you will receive a 100€ free bet credited to your account. However, you should distinguish whether the entire winnings are paid out afterwards or whether only the net winnings (winnings minus stake) are credited. In some cases, you get a free bet credited directly with the freebet bonus without having to place and lose a bet first.