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What is an Online Bookmaker Welcome Bonus

31-07-2019

As most of us already know, an online bookmaker bonus is the first offer we can claim right after we create a new account. Usually, the most generous reward we can claim is the betting site welcome offer that will represent a match bonus to boost your balance, a free bet bonus or a risk-free bet. Don’t worry, we’re going to explain each type in the following sections.

Different Types of Welcome Offers

Deposit Bonus

The most common type of welcome offer contains a deposit bonus or match bonus as some bookies and players refer to it. This is, basically, a percentage applied to your initial deposit to boost your overall balance so that you can use higher stakes to boost your profit. If you want to check out how a great deposit offer for new customer looks like, bet365 has one of the best first deposit offers around right now. You can grab a 100% bonus up to £50 on your first deposit of £5 or more.

Free Bet Bonus

The free bet bonus offered to new customers is similar to the deposit bonus in terms of value, however, it is not applied immediately after you deposit. The bookies that have a free bet offer will issue the free bet after you make your first deposit and place your first wager on a certain odd. For example, you need to make a deposit of £20 or more and then place any bet you wish with a minimum odd of 1.4 and only after these conditions are met you receive the free bet bonus.

First Bet Refund Bonus

Also known as a risk-free bet, the first bet refund bonus is also aimed towards new customers and it’s like a safety net for punters. The first bet refund bet offer is created to reward players that place their first wager and it is a losing one. So, even if you didn’t have enough inspiration on your first bet, you get your stake, or a part of it, back. You can access a very advantageous first bet refund bonus at Novibet and enjoy the thrill of betting without the possibility of losing.

Online Bookmakers Welcome Bonus Terms

After listing all the different types of bonuses you can expect to find at online bookmakers these days, it’s time to go into a thorough analysis of the terms and conditions that come with these bonuses. This is the part that most punters hate or avoid, however, knowing your way with terms like wagering requirements, minimum odds or validity period will have a positive impact on your betting experience. Also, it will enable you to know exactly what type of bonus to claim and make it easier to cash out. Even though it’s natural to focus only on supporting your favourite team side of betting, it’s also important to fully understand the terms of each bonus you claim.

Minimum Deposit

When taking a quick look at any Bonus Terms & Conditions, the first piece of info you’re going to see concerns the minimum deposit. This is the lowest amount you can deposit to claim the bonus offered by the bookmaker. While most of them have a low minimum deposit, bet365 requires a £5 deposit to grab the welcome bonus, you can also find bookies with minimum deposit requirements of £20 or more.

Minimum Qualifying Bet

Another thing to pay attention to is the difference between ‘Minimum deposit” and the “Minimum Qualifying Bet”. The minimum deposit is applied for deposit bonuses that instantly add the bonus to your stake while the minimum qualifying bet refers to the amount of the first bet that makes you eligible for either a risk-free bet or a free bet. For example, to claim the William Hill welcome offer with £30 free bet you need to have qualifying bets of at least £10 while the overall minimum amount you can use is lower than that.

Wagering Requirements

If the minimum deposit part is pretty straight forward, the details about wagering requirements are trickier and you should always pay attention to this section. You can have wagering requirements on a new customer deposit bonus, for example. Claiming the bet365 welcome offer with the 100% bonus up to £100 you will have a wagering requirement of 1x before you can use the bonus funds for betting. This means placing a bet equal with the value of your deposit, at a minimum odd of 1.5 or greater.

Validity Period

Each type of welcome bonus you claim has a certain validity period. And this period of time can refer to two different things. It can refer to the time period in which you can access the bonus after creating the account. Or, it can refer to the period in which you can meet the wagering requirements before the bonus expires.

Payment Options Restrictions

Another thing to take into consideration when claiming a bookie deposit bonus, refers to compatibility with certain payment options. For example, if you’re depositing with Skrill or Neteller, most bookmakers won’t be able to grant the welcome bonus. That’s the case for big bookies like bet365 or William Hill.

New Bookmakers Betting Offers

Betting with a boosted balance from the first deposit bonus is the best way to start your new adventure at an online bookmaker. This is the biggest bonus you’re going to be able to claim at a bookie so you want to make the most out of it. To make sure you’re getting all the new betting offers, keep a close eye on all the bonuses we offer from fresh bookmakers on the market because that’s where you’re going to get the most value. You’re allowed to create accounts at several bookies so it makes a lot of sense to do so when you’re after the best registration offers. And since the new online bookmakers offers are being updated all the time, you should make sure to check this page from time to time and stay updated with all the best deals you can grab. To give you all the assistance we can give, we are constantly monitoring all the new bookies bonus deals as well as those from betting sites that are on the market for some time, extracting and listing all the offers and rewards you can claim.

Best Online Bookmakers Offers

So far we’ve addressed pretty much every aspect related to new customer bonuses. From defining each type of bonus, going through the most relevant terms and conditions to study before claiming one and how to take advantage of big bonuses all the time, we covered everything. But we couldn’t close this article without giving you the most valuable information when it comes to the best betting bonuses - where to find them! If you’re already trying to figure out the answer on your own, we’re going to give you a little hint: you’re looking at it. This website right here, and this page, in particular, are the best places where you should always check for the best online bookmakers offers. Since browsing from one bookie to another to check their offers can be extremely time consuming and not to mention boring, we are taking care of this aspect for you. Carefully scanning all the best bookies welcome offers and creating exhaustive lists and tables with all the finest deals you can access. Besides the advantage of having all the offers from new and established bookmakers in front of you, accessible with only one click, you can also take advantage of some exclusive betting offers that we negotiated with the bookmakers. Providing the best possible offers and an excellent betting experience is our main goal and that’s why we arranged special bonuses with the bookies. The only thing you need to do to claim these special bonuses is creating an account from the website and you’re set for an excellent adventure.




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