Bookmaker Welcome Bonuses

Bookmaker sign up bonus

They say nothing in life is for free, we say they have clearly never joined an online bookmakers. This is because with the rise of the internet, bookies are popping up constantly and the fight for your business has literally never been more heated. With all this competition companies need a way to stand out, to grab your attention, to draw you in, and the way a lot of them choose to do this, is with a big fat welcome bonus.

For a lot of people the bookmaker sign up bonus on offer is ultimately what makes them decide who to open an account with and it is easy to see why. While for veteran committed gamblers there may be more important things to factor in, if you are a casual better a juicy bookmaker bonus really can make or break your experience with a site.

Not all bonuses are created equal however, and with every bookie trying to outdo each other to catch your attention it is easy to get lost and confused. This is especially true because of a bunch of often confusing industry terminology that can leave a newcomer scratching their head.

That is why we at Bookies For You have created this page, to run through the most common types of welcome bonuses, as well as the sorts of terms and conditions they attach to them, so that you always know what is on offer, and whether it is right for you.

Top Bookmaker bonuses

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Bookmaker Deposit Bonus

A bookmaker deposit bonus is by far the most common offer bookies try to entice you in with. Very simply it is a bonus on your first deposit proportional to the size of that deposit. The most common of these is a 100% matching bonus, meaning that the bookie will match your first deposit exactly, with the same value being added to your bonus funds.

For example if you paid in €100, the bookie would give you a €100 bonus payment. Other bonus percentages do exist though where bigger is better. If it was a 200% deposit bonus on your €100 deposit you would have €200 added, while if it was a 50% bonus you would only be given €50.

The key things to look out for with these are the wagering requirements and minimum odds, which we will explain further in the key terms section below.

Free Bet Bonus

Not dissimilar to a deposit bonus, a bookmaker may give you a fixed free bet when you make your first deposit with them. This can either be a set amount or can increase depending on how much you deposit, for example if you deposit up to €25 you may get a €5 free bet, but any more and you will get a €10 free bet. This is to encourage you to make a larger first deposit but can still be a great offer if you use it right.

Wagering requirements and minimum odds tend not to be used as much for free bets and so they are often seen as the easier bonus to take advantage of, but always double check as they are often only usable on specific markets.

Free Spins Bonus

Free spins are super easy to understand. Reserved for online casino signup bonuses, you simply make your first deposit and gain a number of free spins on specific slots to try your luck.

Risk Free Bet Bonus

A little bit more complicated but still a nice welcome bonus, a risk free bet bonus is activated after the conclusion of your first bet with a new bookmaker rather than after your first deposit. If you win your bet, nothing happens, you carry on and enjoy your winnings and have a great day. If you lose however, you are saved by a free bet equal to your stake on your first bet for you to use with the bookmaker. While not our favorite welcome bonus this definitely does take the sting out of losing!

Key Terms and Conditions

Rollover/Wagering/Playthrough Requirements: Rollover, wagering, playthrough… or fancy words for the same thing, and that thing is how much you have to gamble with your bonus before you are allowed to withdraw it. This will usually be expressed as a number X a value. For example 12x deposit value means you must keep wagering your bonus and subsequent bonus winnings a total of 12 times the amount that you initially deposited.

As you can see with these requirements lower is most definitely better, and will allow you to withdraw that bonus quicker and make sure you keep your winnings.

Minimum Odds: Another absolutely vital thing to look for with your welcome bonus is the minimum odds you are allowed to bet on with your bonus in order to withdraw it. These are typically between 1.0 and 2.0 so tend not to be awful, are just there to make sure you don’t bet on dead certs and actually gamble!

Markets & Betting Types: As discussed under free bets, some bonuses are only usable on certain markets. Again this usually isn’t a deal breaker but definitely something to be aware of when looking at bonuses!

Accessing Your Deposit: Some deposits are put in your account the moment you qualify, others you have to ‘opt in’ with an email are form. While these opt in methods are a bit more effort it isn’t anything to be worried about and lots of respectable companies use them, it is just something to bare in mind to check before or if you aren’t seeing your bonus in your account.

Deposit Options: One more thing to be careful with is how you make your vital first deposit. Lots of bookmakers actually refuse to allow welcome bonuses on certain payment methods such as Neteller, and so always check before adding money to your account to make sure you don’t lose out!