Best betting welcome offers for eSports!
Take part of a world class betting welcome offer and get a flying start to your eSports betting!
Four deposit bonuses
up to a total of 7 BTC
promo code: EBF1X
40x wagering (based on deposit)
Minimum odds of 1.60 required
Bonus is credited after wagering
30 days to complete the wager
100% up to €100
6x wagering (bonus + deposit)
No minimum odds required
(You can wager on 1.01 odds)
60 days to complete bonus
The big guide to betting welcome offers
What is a welcome offer for betting?
A welcome offer is a bonus that more or less every online gaming operator gives to new players and as many of them offer both casino and sportsbook, a welcome offer for betting is simply the bonus you’re able to receive on the latter. This bonus gives you extra value of some sort, which can either be received for free or more commonly as part of making a first deposit of real money.
In difference to temporary campaign offers that are regularly offered by bookmakers and only available for a certain amount of time, welcome offers are static bonuses that rarely change. Generally speaking these are also the most valuable ones as the online gaming industry is a very competitive one and operators simply have to offer players something really good to attract them.
Different types of online betting welcome offers
Visiting different bookmakers or just checking the bonuses that we have listed on top of the page, you’ll quickly realize that online betting welcome offers come in many different shapes and sizes. There are four different types of bonuses that you’re able to come across, which are the following:
- Matched deposit bonuses
- No deposit bonus
- Risk free bets
- Free bets
Do note that a single welcome offer is sometimes made up by several of these types.
How does a betting welcome offer work?
There’s no universal answer to this as different betting welcome offers work in different ways depending on what type of bonuses they consist of. To give you a full understanding of this, we have explained the mechanics of each and every type of offer below.
Matched deposit betting bonus
With a matched deposit bonus you’ll receive an extra amount of money when making your deposit, which is always capped at a certain amount. It could for instance be that €100 is the maximum extra amount you’re able to receive no matter how much you decide to deposit.
The deposit betting bonus is always matched by a certain value with 100% being the most common one. If the extra bonus amount is capped at €100, this means that a deposit of €100 would give you the maximum amount of €100 extra, thus giving you a total of €200 to bet with.
Although 100% is the most common value that your deposit is matched with, you’re also able to find 50%, 200%, 300% and 500%. With a 50% bonus you would only receive €50 extra when depositing €100, while a matched betting welcome offer at 200% would give you double the amount of extra money as the amount you deposit. Should the bonus be capped at €100, you would for instance only have to deposit €50 to receive this amount.
To give you another example, a 500% bonus would only require a €20 deposit to receive the maximum amount of €100 as your deposit would be multiplied by five.
No deposit betting bonus
With a no deposit betting bonus you’re receiving something for free as unlike the above deposit offer a deposit isn’t required to trigger the bonus. This means that you’re rewarded for just signing up and creating an account. As a betting offer this reward can either consist of free money or a free bet, but you’re also able to come across free spins that can be used on casino games.
As a betting welcome offer, a free bet can either be received by just creating an account or as part of a deposit bonus. This free bet means that you’ll get to place a bet for free, which is always made up of a fixed amount, usually ranging between €10 – €20.
With free bets it’s important to know that the stake of the bet is rarely included in the profit you make if you end up winning. Should you for instance use a €10 free bet on a match where the odds are 2.00, you’ll only receive €10 back if you win instead of the €20 that you would from a normal bet with real money.
Risk free bet
With a risk free bet you always have to place a bet with your own real money, but are always guaranteed to receive this money back no matter what the outcome is and you therefore have nothing to risk.
If the risk free bet has a value of €10 and you place a €10 bet on odds 2.00 you will receive €10 back if you lose and €20 back if you win.
What is the best welcome offer for betting?
As bonuses come in many different shapes and sizes and different players have different needs it’s very difficult to give a universal answer to what the best welcome offer for betting is. For someone that isn’t too keen on making a deposit, a free offer would be the best choice, whereas a high stakes player would probably be looking for a matched betting welcome offer where it’s possible to receive a very high amount of extra money.
This is why a big part of a great welcome offer depends on your personal preferences. Having said that, there is also another deciding part which is more or less always included in welcome offers as well as bonuses in general and that is a wagering requirement.
What is a wagering requirement?
A wagering requirement means that the bonus you have received, whether it is a free bet or extra money from a matched deposit bonus, has to be turned over a certain amount of times on a certain minimum odd, usually within a certain amount of time before a withdrawal can be made.
This bonus wagering is always important to be aware of as it can have a great impact on the value of your bonus as it will determine the likelihood of profiting from it. A bonus could for instance have a 10x wagering requirement on odds 1.80 within 30 days, which means that if you receive €100 you would have to place bets with a total amount of €1000 and all of these bets need to be placed on a minimum odd of 1.80 and it has to be done within 30 days.
In contrast to this, a much more valuable bonus could have a wagering requirement of only 5x with only 1.40 as a minimum odds and several months to complete it or no time restriction at all.
For someone that’s only placing smart bets (bets that are calculated to be profitable in the long run, which is based on knowledge and the probability of a team winning) the wagering requirement has no impact, but for more casual bettors this is always important taking into consideration.