Best Welcome Bonus 2024 | Top (10) eSports Casinos

How does an esports betting bonus work?

Many bettors tend to shun online bonuses because they don't sound legitimate. However, the truth is that eSports betting welcome bonuses are genuine, at least at licensed and regulated sites. For the record, there are some dubious betting sites whose bonuses are not legitimate, but all the sites listed on this page are genuine.

Now, the big question is, why would eSports bookmakers give players free money?

Well. The answer is simple - to attract new players in an online eSports betting industry that is so competitive. While reload bonuses are for customer retention, welcome bonuses are meant to get new players on board. What happens is that the bookmaker sets a budget for marketing and one of the marketing strategies is promotions.

Esports betting no deposit bonuses

As the name suggests, the no deposit bonus is an offer that rewards players with a bonus for just signing up at an eSports betting site. They don't have to deposit to claim this offer.

The free bets no deposit bonus is a standard no deposit bonus that gives players a fixed amount of money. The other type is the cashable no deposit bonus that players can use to wager on real money eSports and win real money. Lastly, eSports players can take advantage of the non-cashable no deposit bonuses, which give players money to play, but it's not withdrawable.

Esports betting deposit bonuses

Also known as a match bonus, the no deposit bonus is a welcome offer that rewards players when they deposit for the first time. Most deposit bonuses match the amount deposited with a certain percentage up to a set amount. It could be a 50% deposit bonus, 100%, or even more.

Just to mention, at some betting sites, deposit bonuses may be offered in the second, third, and even fourth deposit.

How to claim welcome bonuses

How are welcome bonuses activated after meeting the eligibility requirements? Well, there are two ways. First, the bonus is credited to the player's account automatically. It's the easiest way to claim a bonus. Alternatively, players must activate the bonus using eSports betting welcome bonus codes or coupons. There is a slot where these codes are filled to activate the bonus.

How to use esports betting welcome bonuses

Welcome bonuses are all fun, but eSports bettors should know how to utilize them well. Unfortunately, most players who claim welcome bonuses end up wasting them in just a few bets because of a lack of knowledge on what's behind the curtain. In this segment, find out everything there's to know about using welcome bonuses.

Wagering requirements

While welcome bonuses sound lucrative, they are bound by strict wagering requirements. Even though bookies splash money in the form of bonuses, they have set some restrictions to make it hard for players to make the most out of welcome bonuses. These restrictions are what are known as wagering requirements or playthrough requirements.

For starters, a wagering requirement is a multiplier of the number of times bettors have to play through a bonus before they can withdraw any winnings. For example, if a bettor claims a deposit matchup at a bookie with a 20x wagering requirement must play through the bonus 20 times before they are eligible for a withdrawal. Well, it's a big challenge playing through 20 times without losing all the money.

Esports betting sites with the most lucrative bonuses have the highest and strictest wagering requirements in most scenarios.

Odds and games limits

Besides the wagering requirements, bookmakers make it hard for players to win real money using bonuses by setting minimum odds. For example, an eSports betting site might offer a 150% bonus, but the bonus applies only on high odds. Besides the limit on odds, some welcome bonuses are applicable to select eSports games.

Welcome bonus tips and tricks

Even though betting sites make it hard for players to use bonuses, it's still possible to capitalize on welcome bonuses.

The first tip is to always be on the hunt, not just for welcome bonuses but the most lucrative ones. Players can choose to hunt themselves or leverage bookmakers that list eSports bookmakers with the highest welcome bonuses.

Another tip that applies only to betting sites with no odds limits is wagering on the lowest odds. Unlike high odds, wagers with low odds have a high probability of coming through. That said, going low is a clever tip to beat the wagering requirements. The only problem is that the yield is not that high after all.

Now that the high wagering requirements lower the chances of making anything out of bonuses, punters should pursue welcome bonuses with lower playthrough requirements. This is an easy sports betting bonus tip to cash in on. It's easier to beat a 15x wagering requirement than 30x.

It's also important to check the validity period of the welcome bonus. Often, players claim these bonuses but do not use them within the set period. Sounds funny, but yes, bonuses have expiry dates.

Bet wisely. Just because it's a 100% bonus doesn't mean it should be squandered on unrealistic odds. Instead, bettors should remain wise punters by using the welcome bonus like real money they deposited. Researching the various eSports matches and checking predictions goes a long way.

Responsible gambling

Welcome bonuses are fantastic and are among the reasons many players are drawn into eSports betting. But, they may be a trigger of gambling addiction. Many players find themselves using more money than they can afford to claim bonuses.

Players must remain within the confines of responsible gambling. Setting a budget for eSports betting and adhering to it is paramount. Another tip is never to chase losses when betting and always know when to walk away. Importantly, eSports betting shouldn't be a substitute for school or work.

That's it for this guide on eSports betting welcome bonuses. Indeed, online betting offers for new players are worth chasing. However, it's not easy to capitalize on them.