What is a welcome bonus and how to claim it?
The welcome bonus, also known as sign-up bonus is an offer that gives you a reward for choosing a specific bookmaker and creating an account with them. Most often, the welcome bonus will get you a percentage increase on the amount of your first deposit. Almost all bookmakers run this type of promotion, but others may return the stake of your first bet if it loses. To get a welcome bonus you just have to read the following step-by-step welcome bonus guide you will be able to claim the bonus offer at any bookmaker. The first of the steps, without a doubt, will be to choose which bookmaker you want to bet your budget on. To do this, you will only have to choose one of the ones that we offer you on Oddspedia to be able to get some of the outstanding offers for your clients. The registration step is especially important since if you have already been a user of any of the rooms in question and have used their welcome bonus previously, it will not allow you, under normal conditions, to exercise that right again. If you have had an account but have not used a welcome bonus, feel free to register and, if it is not granted, contact customer service to claim it. Then, and after having registered with your personal data and verified your account, the latter really important to do with your ID or Passport, you must make a deposit. You can choose between any of the payment methods that each bookmaker has at your disposal. Consult them on the specific page that Oddspedia has prepared for you, as well as the different deposit and withdrawal limits for each one.
Once you have managed to make your deposit, the bookmaker will match the amount you have deposited within its corresponding offer, although to obtain the winnings from them you will have to meet several requirements that will depend on each bookmaker.
How do betting bonuses work?
Although most sports betting bonuses are relatively simple, it is also true that each bookmaker has its requirements and characteristics that make it different. Most betting bonuses have several key points to keep in mind.
Bonus Amount
The amounts of the betting bonuses may vary depending on the sportsbook that offers it. These welcome bonuses are characterized by matching an amount that the client previously, and fulfilling a series of requirements, has deposited into her account through the different payment methods available by the bookmaker. Normally, the operator will match the deposit 100% up to an amount, which can be 30, 50, 100 or 1,000 euros or dollars.
There are also other bookmakers that divide this welcome bonus into several parts, thus ensuring that bettors return to continue meeting the requirements to get the winnings from them.
Rollover requirements
Without a doubt, it is one of the most important points when we talk about a bookmaker's welcome bonus. It means the times you have to put your bonus or deposit plus bonus into play, to withdraw it and be able to have it in your account. As you can imagine, you need to look clearly at this point because it will be what makes it easier for you to have your money in your bank account.
In most cases the rollover consists of the money in your bonus or the sum of the deposit and bonus. The higher the rollover, the more complicated it is that you can enjoy your money.
Minimum odds and expiry time
When it comes to meeting the rollover, one of the things to consider is the minimum odds and the time it takes to meet the requirements. When we talk about a minimum odds it is because the bookmakers force you to wager your bonus a number of times, but it must be with a minimum odds. In general, bookmakers have set 1.5 as the minimum odds, but it depends on the case.
On the other hand, when we talk about time it is that bookmakers give you a number of days to comply with the rollover. That is, from the moment you receive your bonus until you withdraw it, they give you a period of time to meet the requirements. It generally lasts 14 days, but it also varies. Furthermore, they also give you a time between registration and the first deposit.
Bonus code
Some bookmakers ask you to enter a bonus code to get your welcome bonus. Depending on the code it is possible to obtain an amount or another in some cases. It is not a fundamental requirement for all bookmakers, but it is a section to consider as a large number require it. On our website you can find all the bonus codes valid for your bets.
Payment methods
Some bookmakers limit the use of the welcome bonus to the payment method used to make the deposit. To be more specific, there are times when you won't be able to get your welcome bonus if you use a certain payment method. This typically occurs with Neteller or Skrill. Either to get welcome bonuses or to get improved odds.
Terms and Conditions
As you may have noticed, the bookmaker's welcome bonuses have a great deal of terms and conditions. You must read this carefully before making your choice as this will make it easier or harder to get your money into your bank account.
You have to take into consideration all the factors we have mentioned above and they include the bonus amount, rollover, minimum stake, withdrawal time or bonus code. Take a look at all the details before opting for one operator or another.
Our favorite betting bonuses
Above you will see what are our favorite betting bonuses on Oddspedia. Why are they our favorites? Because they combine everything you need so that you, as a bettor, get the maximum benefit by investing your money in the different offers that the Oddspedia operators offer. Also, you will find those favorites by our community.
