Are you enticed by the world of betting? Well, it is surely full of surprises. Jackpots, large cash prizes, and lotteries; there’s so much that keeps up the thrill. Furthermore, betting bonus takes excitement to another level. Different sportsbooks and betting websites offer different types of betting bonuses, from a first deposit bonus to a non-deposit bonus. However, there are certain terms & conditions or rather wagering requirements that need to be fulfilled in order to claim the bonus.  Without fulfilling these, you won’t be able to leverage the bonus. These often confuse the players especially the newbie. However, you don’t need to worry as this guide will address all your queries. 

Let’s understand more about gambling bonus and their wagering needs. 

How do betting bonuses work? 

This is an interesting question that has already been buzzing around people’s minds! Always remember that bonuses are offered by bookmakers and sports book for two main reasons: 

  • To reward existing players and to motivate them to continue the gambling experience 
  • To attract new players in the platform 

Players get rewarded in the form of bonus at every stage ranging from opening an account with a betting platform (bookmaker) to making their first deposit to referring friends. In this way, gambling platforms offer bonuses to the customers in order to keep them hooked in the gambling activities. 

However, it isn’t easy as it may sound. It’s not that you can directly claim the bonus. You need to complete the wagering requirement to claim the bonus. For instance, if the wagering requirement of a bonus is 5x, then you’ll have to wager deposit and bonus amount five times before you can claim the winnings. Furthermore, some bonuses also come with time limit and odd stakes. Now, let’s look at different bonuses that you can leverage.

Best online betting bonuses

1.
Dafabet

150% up to ₹10,000

Dafabet is a highly respected Asian gambling company with very friendly customer support that even speaks Hindi.

2.
LeoVegas

100% up to ₹10,000

LeoVegas is a top-notch bookmaker and casino. They are truly the king of mobile!

3.
10Cric

100% up to ₹10,000

10CRIC is a popular sports betting site that offers highly competitive betting markets. It is one of the few online sportsbooks that focus on cricket. It is relatively new in the market but has won the hearts of thousands of Indian punters.

What are the different types of betting bonuses? 

Here’s the list of different types of bonuses:  

  1. Non-Deposit Bonus

There’s no denying that it’s wise to try new experiences for free. With a non-deposit bonus, you can actually do that! This bonus, as the name suggests, requires no deposit from player’s end. Instead, new players get certain amount as bonus once they’re done with the registration. The bonus amount can be used to play games and gamble in the platform for free.  

A non-deposit bonus allows players to gamble and claim winnings without risking their hard-earned money. However, you should make sure to go through all the necessary conditions and wagering requirements before trying any bonus.  

  1. Casino Bonus

A casino bonus can be defined as the bonus whereby something extra is offered to players by an online casino. This could include anything like deposit matching in bonus cash, on-site currency, or free spins. It’s often observed that some casinos also offer bonuses as a part of their strategy to welcome more and more players. 

Betting bonus clears easier on videoslots
Casinoslots like starburst makes it easier to clear a betting bonus

Every casino bonus is subject to certain terms and conditions. These conclude wagering requirements and any restrictions placed on the casino bonus like a time limit. It’s all up to the choice of players to choose whether or not to claim a bonus. 

  1. Sports betting Bonus

As he name suggests, it is a kind of bonus offered for betting on different sports. The sports betting deposit bonus allows the players to get extra funds as cash back when they first create an account and deposit money with a sports book. These kinds of bonuses are a lucrative way to increase your bankroll, especially for bettors who just entered the industry. 

However, as stated earlier, the bonus comes with wagering requirements. So, player should keep this in mind that choosing a bonus isn’t a cakewalk as depositing or collecting money. It’s incredibly important for bettors to ensure that they are getting a fair amount after accepting a bonus offer. 

  1. Poker Bonus

A poker sign-up bonus is a scheme offered by all online poker sites that are available in the market. It’s generally given to novice players after they sign up with a poker site. The rewards are mostly money but some sites also offer free poker books. However, you should properly understand how to sign up for these poker bonuses. 

There are many sites that even give coupon codes that can then be redeemed as bonus. When you find an offer that suits you the best, you just need to sign up for the site, and then you need to enter the code to unlock your bonus.

  1. Loyalty Bonus

This is one of the most common type of bonus offered by bookmakers and online casinos. Under it, players are rewarded under loyalty program whereby the more they play, the more bonus they can claim. These schemes, however, vary from casino to casino. It’s important for you to pick up reward points that you can later use to claim a range of bonuses. 

And the best part is that those bonuses could be anything like free entries into leagues, deposit bonuses, or free spins. Before choosing the online casino for loyalty bonuses, you must go through all the terms and conditions properly. 

What are the Wagering Requirements & How Do They Work? 

With the online gambling marketplace becoming more and more competitive, it wouldn’t be wrong to say that gambling sites use different marketing practices including huge bonuses in order to entice new players. That sounds pretty good, isn’t it? 

But you might be wondering, what’s the catch?

The only thing that most players tend to neglect is none other than wagering requirements.

What are Wagering Requirements? 

Generally speaking, these are the hoops that you have to go through before getting your hands on your betting bonus and winnings. This is usually known as the ‘play through’ and will state how much money you need to win in order to activate your profits and bonuses. 

Fortunately, “play through”, or wagering requirements are always low for betting bonuses and free bets. 

For those who don’t know, the vast majority of wagering requirements are accompanied by a list of terms & conditions.  So it becomes important to be acquainted with these requirements as they will outline exactly what you need to do to secure your bonus. 

How Do They Work?

Let’s take an instance to understand this! Suppose a bookmaker is offering a welcome betting bonus of 100% up to 2000 INR. You get this bonus on the amount that you deposit on the platform. However, it’s not like you’ll get 2000 INR instantly for any deposit. 

There’s a trick that you need to look close up to. You’ll get 100% cash back on the amount you deposit for the first time. So, if you only fund your account with 100 INR, you will get a bonus of not more than 100 INR. 

In addition to that, you cannot claim the bonus instantly. There are wagering requirements attached to it and there might even be a time limit. Supposedly, if you deposit 2000 and now you are looking to withdraw your bonus, you must meet wagering requirements. Let’s say that the wagering requirement is 5x. 

5 x (2000+2000) = 20,000

So, you’ll have to wager the amount to 20,000 INR in order to claim the winning along with bonus cash. After that, all your bonuses would then be transferred to your account balance. And you can easily withdraw or continue betting, whatever you feel like. 

It’s also seen that wagering requirements are a lot higher than 10x in most cases. Casino bonuses, for instance, usually vary between 25x-45x.

Top 5 betting bonuses

1.
Dafabet

150% up to ₹10,000

Dafabet is a highly respected Asian gambling company with very friendly customer support that even speaks Hindi.

2.
LeoVegas

100% up to ₹10,000

LeoVegas is a top-notch bookmaker and casino. They are truly the king of mobile!

3.
10Cric

100% up to ₹10,000

10CRIC is a popular sports betting site that offers highly competitive betting markets. It is one of the few online sportsbooks that focus on cricket. It is relatively new in the market but has won the hearts of thousands of Indian punters.

4.
22BET

100% cashback up to ₹10,000 + 22 Bet Points

22BET is a robust online sports betting platform and a reliable bookmaker that provides its customers with impressive gaming experience. Gambling lovers and enthusiastic sports punters can find a wide range of betting opportunities on 22BET.

5.
1xBet

100% up to ₹8000

1xbet is a highly respected bookmaker with excellent bonuses and customer support.

How to claim a betting bonus

If you are looking to claim your bonus in gambling, always consider these important factors:

  1. Consider the Right/Authentic Sites 

There are many bookmakers out there and many of them are frauds. So, you shouldn’t just choose a betting website based on the max bonus amount available. Instead, you must gamble with an authentic website so that you can enjoy a good experience. For this, you must do a bit of research and spend more time checking out the best value deal and authenticity of platforms. This would significantly help you take full advantage of it. 

  1. Don’t Overlook Terms & Conditions 

If you are a player, you must know that rewards and online betting bonuses always come with terms that you cannot ignore. And when it comes to claiming a betting bonus, there may be specific processes or rules that you need to adhere to requirements that should be met so withdrawals can be made. 

It’s insanely important, as you could see, to be aware of all the appropriate terms and conditions. This would give you a clear idea of all things, ultimately saving you from doing anything wrong. 

Note: These terms and requirements often tell about just how much value a bonus offers. Always remember that if you have to do large amounts of wagering before withdrawing or if it can only be used for limited purposes, you should avoid it at any cost. 

Although some of the renowned websites do provide genuine value, it’s always advisable to check all the details like terms and conditions before making any decision. 

  1. Prioritize Budget

“Risk what you can afford to lose”- this is the golden rule of gambling you must keep in mind!  

So if you feel tempted and you are trying to deposit more money than you should, just for the sake of earning extra rewards or claiming bonuses, you must stop at that very moment. 

As a player, bonuses and rewards should be considered as extra money that you would be putting at risk anyway. Make sure you don’t risk money that you cannot afford to lose. 

Before signing up with any gambling platform, always try to read as many reviews of online casinos to get the best idea of other players. It would be a viable option for you to research beforehand rather than wasting your time with a bonus that you won’t be getting as you just going to waste your time and money adhering to the wagering requirements.