When you’ve been doing this a while you learn that when it comes to any welcome bonus that wagering is everything. Because it doesn’t matter how big your bonus is if you can’t meet the playthrough requirements to make a withdrawal. With only 3 times wagering at small odds of ½ (1.5), the Sportingbet Welcome Bonus is one of the best welcome offers for sports betting.
We selected only the best bookmakers in the world scene, classified according to the best features and really important things for a punter: reliability, welcome bonus, services such as, high odds, live betting, mobile version, or even betting exchange, virtual sports and financials betting. MyBookie Sportsbook is a newer online sportsbook on the offshore sports betting scene but it has a large variety of markets and offers a large deposit bonus of 100% Up To $1,000. MyBookie has a prop builder and a massive list of markets, along with other top features. Additional MyBookie sportsbook bonuses.
We run you through all the details of the Sportingbet Welcome Bonus so you know exactly what to expect when signing up. From how to claim your Sportingbet 100% First Deposit Bonus to wagering rules and tips for making the most of your bonus, get all the answers you need right here. If you don’t already have a Sportingbet account, sign up now!
What is the Sportingbet Welcome Bonus?
Sportingbet offers a one-time welcome bonus to new customers where 100% of your first deposit is matched up to R2 000. The bonus amount depends on how much you deposit. For example, if you deposit R2 000 into your Sportingbet account, you will then have R2000 cash + R2000 bonus cash to play with. Sportingbet also offers new customers a R2 000 welcome bonus for their casino and live games, which you can find more about here.
How To Claim Your Sportingbet Welcome Bonus
Here’s how to claim your Sportingbet welcome bonus in just a few easy steps:
- Visit the Sportingbet website and click Register at the top right of the homepage.
- Complete the three-step registration process.
- Log in to your account and click Deposit at the top right of your screen.
- Select a deposit method and enter your desired amount.
- At the bottom of the screen, click the Bonus Code drop-down menu and enter the code WELCOMEBONUS to claim the offer.
- Click the green Deposit button.
- Your welcome bonus will immediately be credited to your account.
Which Deposit Methods Can I Use at Sportingbet?
Make a minimum deposit of R10 using any of the following payment methods to qualify for the Sportingbet welcome bonus:
- Visa debit/credit card
- 1Foryou Voucher / 1Voucher
- Mastercard debit/credit card
- EFT
- Ozow
- Apple Pay
- ecoPayz
- Neteller
- Skrill
- PayPal
- Paysafecard
How Do I Use My Sportingbet Welcome Bonus?
Once your Sportingbet welcome bonus has been credited to your account, you can place bets the same way as with your cash.
- Log in to your Sportingbet account.
- Find the sport, league and match you want to bet on.
- Make your selection/s by clicking the odds.
- Go to your bet slip and enter your stake.
- In your bet slip, check the box Use Bonus Cash.
- Click Place Bet to confirm.
Which Bets Can I Place With My Sportingbet Welcome Bonus?
There are thousands of betting markets across more than 40 sports available, and your Sportingbet welcome bonus can be used for any of them. Whether you’re a soccer, horse racing, rugby or cricket fan, you have plenty of options to choose from. If you want to use your welcome bonus to bet on politics or entertainment, these special markets can also count towards your wagering requirements.
Sportingbet Welcome Bonus Wagering Requirements
To withdraw bonus funds, you will need to wager the deposit and bonus amount 3 times on sports bets (singles or accumulators) with combined odds of 1/2 (1.5) or more. For example, if you make a first deposit of R100 and receive a welcome bonus of R100, you must place qualifying bets to the value of R600 (R100 + R100 x 3) to transfer your bonus balance to ‘Withdrawable’. Bets where you have used Cash Out or Edit My Bet also won’t count towards wagering.
How Long Does My Sportingbet Welcome Bonus Last?
You have 30 days to place one or more qualifying bets and meet the wagering requirements or the welcome bonus is forfeited.
How Do Payouts On Bonus Bets Work?
When you win a bet using bonus cash, you get back less than you would with a cash bet. Because you’re using house money to place the bet, you don’t get the stake back. For example, if you place a R10 bet with bonus cash on odds of 5/1 (5.0) your winnings will be R50 (not R60) because your R10 stake goes back to the bookie.
What Is The Most I Can Win With My Bonus?
The maximum payout on bonus bets is R5 million, the same as a cash bet. The only difference is you won’t get the stake back.
Can I Withdraw My Sportingbet Welcome Bonus?
No, you can only withdraw funds which you’ve converted from your ‘Restricted’ balance to your ‘Withdrawable balance’. To do this, place one or more qualifying bets until the welcome bonus wagering requirements have been met. To keep track of cash and bonus balances in your account, go to My Account -> My Balance.
Can I Bet On Opposing Markets With My Sportingbet Welcome Bonus?
Bets on opposing markets on the same event will NOT count towards wagering. For example, you cannot bet on both Odd and Even goals in the same soccer match. Placing these kinds of bets will cause your bonus and any winnings to be confiscated.
Pro Tip: Nothing is stopping you from placing an opposing bet on another betting site. For example, you can place a bet at Sportingbet on Over 2.5 goals using bonus cash and another bet at Betway on Under 2.5 goals with real cash. No matter what happens in the match, one of your bets will win and you’ll make a profit.
Can I Open A Duplicate Account To Claim Another Bonus?
No, customers who create duplicate accounts will NOT receive an additional bonus and players could be penalised by having both accounts closed.
Sportingbet Welcome Bonus Terms and Conditions
- Get an extra 100% up to 2,000 ZAR on your first deposit as a bonus.
- To claim this offer, the first deposit must be made within 30 days following registration.
- Minimum deposit: 10 ZAR.
- You must use the bonus code WELCOMEBONUS when making your first deposit.
- Valid payment methods: ALL.
- Bonus type: Withdrawal restricted. Bonus funds are available to play with, but cannot be withdrawn until the requirements are met.
- Your bonus and winnings amount will be displayed as Restricted Amount and will be visible in the bonus section of your account until the requirements of your bonus have been met.
- Unrestricted after wagering 3 times the bonus and deposit amount on Sports.
- Wagering on bets with total odds above 1.5 will be applicable for the release requirements.
- The requirements of your bonus can only be met when playing on Sports. The bonus and winnings amount can only be played in these categories until the requirements are met.
- Time to un-restrict bonus: 30 days.
- Amount lost if bonus not unrestricted in time: Bonus and winnings amount
- You can keep track of your bonuses in the bonus section of your account.
- Any ‘Cash Out’ or ‘Edit My Bet’ bets will not count towards wagering restrictions if bonus funds are used to place the bet.
- Only bets placed after the bonus being claimed will be considered towards the wagering requirements to release the bonus.
- Bets on opposing markets on the same event will NOT count towards wagering requirements and the user will lose his bonus and any winnings won with the bonus. For example, backing both odd and even goals in the same event.
- Customers using duplicate accounts will not be credited. The bonus is designed for recreational accounts only and will be attributed accordingly. Sportingbet’s decision in this regard will be final and non-negotiable.
- Standard rules apply.
Sportingbet Welcome Bonus Code
When making your first deposit with Sportingbet, click the Bonus Code drop-down menu and enter the code WELCOMEBONUS to claim your 100% deposit match offer up to R2 000.
Not a sports fan and want to claim the Sportingbet casino bonus for new customers rather? Details here!
Useful Links
More on Best Sports Betting
Find Your Betting Bonuses Here
Finding the best online sports betting bonuses is an important part of becoming an expert bettor. There’s a lot of resources on the line in sports betting sites that welcome bonuses, and some details that can be confusing at first.
We have laid out all the ins and outs of sportsbook betting bonuses, and how to make the most out of them.
What Yuou’ll Find in This Article
- How to find and use the best welcome bonuses
- Tips for getting the most out of the promotions
- A catalogue of different types of promotions
Best Betting Sites for Bonuses
Get Extra with Cryptocurrency at Sportsbetting
Sportsbetting
50% Sign Up Bonus – Up to $1000Pros
Cons
Great reload bonuses
Best Sports Betting Welcome Bonus No Deposit
You can beef up the welcome bonus using cryptocurrencies here.
Get a bonus on every deposit with the reload promotions. Make this one bigger with Bitcoin too!
Sportsbetting.ag is a top sportsbook. Their bonuses and promotions are a big part of what makes them stand out.
Choose Your Welcome Bonus at Intertops
Intertops
Up to $500 Sign Up BonusPros
Cons
Choose your welcome bonus
You can choose your own welcome bonus here. Get up to a whopping 200% match on your initial deposit.
Enjoy parlay free bets here too. If you ever get frustrated by just barely losing a parlay, Intertops is the spot for you. That one’s on the house.
Intertops is a great sportsbook for bonus hunters. You can find different promotions in the sportsbook, and in each of their two casinos.
Our Review
Welcome bonuses at sports betting sites come with rollover requirements. That’s the name of the game. But what are they? And how can we best fulfill them?
The rollover requirement represents the amount of times that you have to be through the bonus before you can withdraw any funds. If you try to withdraw before this, you will either not be able to, or you will lose the bonus, and anything you won using it.
Rollover requirements tend to be higher in the casino than in the sportsbooks. The rollover requirement is just as, if not more, important than the amount of money they credit into your account. It is no small detail.
Doing The Research
Each sports betting site will have different processes for claiming your welcome bonus. This is why we recommend researching these processes before you make your first deposit. This way you can know how to and which welcome bonus to use.
- The first thing to keep in mind when researching your favorite sportsbook’s welcome bonuses is that most have separate welcome bonuses for the casino and for the sportsbook. Sometimes poker’s welcome bonus is also separated out.
- Some sportsbooks will require you to use a code. We have these in our review pages for you, ready to go. Others will simply have a drop-down menu from which you can choose the bonus of your choice.
A good rollover requirement at an online sportsbook is roughly 5x. You can get as low as 3x. Typically lower rollover requirements come with lower matches on your deposits.
Depositing with Bitcoins or other cryptocurrencies is an easy way to reduce rollover requirements. While they will still have rollover requirements, Bitcoins are a great deposit method because you often get more out of it. This is why it is really worth it to get started in the cryptocurrency world!
This is not a guarantee from all partners. The best sportsbooks not only accept Bitcoin, but also actively encourage it by offering special Bitcoin welcome bonuses and other promotions.
These bonuses will sometimes be an added percentage, a rollover reduction, or whole new bonuses. It will vary from site to site.
For anyone looking to take advantage of these opportunities, we have a few recommended sports betting sites for you. They are not only great sportsbooks, but they also have bonus boosts for Bitcoin bettors.
For example, MyBookie will double your sportsbook bonus. If you deposit with Bitcoin, you will get a 100% match, rather than the 50%.
Similarly, at BetDSI, depositing with Bitcoin will earn you a 150% match on your first deposit! Just be sure to use the bonus code BTC150.
How to Find the Best Promotions at Online Sportsbooks?
The best sports bettors will do the work to make sure they are making the most out of the available promotions across the sportsbooks. This means taking some things into account to find the best online sports betting bonuses.
Do the research before you sign up
Research the various promotions and welcome bonuses before you choose your sportsbook. Because you are likely to make your first deposit when you sign up, your window to claim your welcome bonus is relatively short.
This is why it is important to research promotions beforehand. This way you can invest your resources with all the information you need.
Familiarize Yourself with the Different Promotions
You can find much more than sports betting sites welcome bonuses. All of our recommended online sportsbooks will have a number of other promotions.
Read through these promotions. Familiarize yourself with them. They will change across sportsbooks, so take advantage of those discrepancies.
For example, if you want to use your last Bitcoins, it makes sense to deposit those at a site with Bitcoin Reload Bonus.
Understand the Details
Bonuses at sports betting sites will always come with some fine print. Make sure to check these out and know what to look for.
A classic tripping point is the rollover requirement. Make sure to take this into account, as our review process always does.
Sometimes there are limits on deposit methods as well. Neteller is at times excluded for Canadian bettors, for example.
In addition to sports betting sites’ welcome bonuses, you can find plenty of other types of promotions. Let’s go through some of the perks associated with some of the most common and best online sports betting bonuses.
Reload Bonuses
Reload bonuses are extra funds sportsbooks add to your account every time you deposit. These percentage matches range between 20-45%. Many sites will give you even more if you reload with Bitcoin.
Something that changes between sportsbooks is what they mean by “reload.” In other words, your account has to be nearly empty before reloading in order to get the bonus. What constitutes nearly empty will vary.
Doing The Research
Each sports betting site will have different processes for claiming your welcome bonus. This is why we recommend researching these processes before you make your first deposit. This way you can know how to and which welcome bonus to use.
- The first thing to keep in mind when researching your favorite sportsbook’s welcome bonuses is that most have separate welcome bonuses for the casino and for the sportsbook. Sometimes poker’s welcome bonus is also separated out.
- Some sportsbooks will require you to use a code. We have these in our review pages for you, ready to go. Others will simply have a drop-down menu from which you can choose the bonus of your choice.
Almost every sportsbook will also offer a refer-a-friend promotion. This can be a great way to have fun with friends. By being in the same sportsbook, you can bet against each other, or alert each other to new promotions.
Make sure to pass your friend your individual refer-a-friend code before they set up the account.
Refer-a-friend bonuses are normally based on your friend’s first deposit. A typical percentage for these promotions is 25-35%.
Our Bonus Review Process
Percentage Match
What is the dollar for dollar rate that the sportsbook will match you? This is key to know you are getting the best bang for your buck.
Maximum Return
The maximum amount that you can earn on a bonus is also important. A huge percentage with a low max also has its limitations.
Rollover Requirement
Finally, we never forget the rollover requirement. A bonus is much better if you can withdraw those funds earlier.
Best Sports Betting Welcome Bonus Rounds
Why use the bonuses?Bonuses can keep you playing longer and help extend your entertainment budget. If you’re really good, you can even bring in extra profit.
Why do they offer bonuses?With all the competition in online gambling, the sportsbooks do whatever it takes to win players and keep them loyal.
Why the Bitcoin boost?Because credit card companies charge vendors a fee on every transaction, the bookies prefer Bitcoin.
What’s the difference between a bonus and a promotion?Promotions tend to rotate more and be smaller than bonuses. Bonuses often refer exclusively to welcome bonuses.
Are there no-deposit bonuses?Best Sports Betting Welcome Bonus Codes
Rarely. If ever. You will also have difficulty withdrawing these. Take a second look at sportsbooks offering no-deposit bonuses.