With the esports industry growing from strength to strength, it’s no surprise to see that the online esports betting marketplace is becoming more competitive. With a number new names entering the fray every year, it can be difficult for punters to pick out a favourite. To stand out from the crowd, the best esports sites offer a range of bonuses to attract new customers and keep existing ones coming back. Let us take you through everything you need to know about esports betting bonuses before you pick out the ideal destination for your esports bets.
Beginner’s guide to esports betting bonuses
Types of esports betting bonuses
Welcomes bonuses, sometimes called sign-up bonuses or first deposit bonuses, are the most common offer you’ll find online when betting on esports. They’re reserved exclusively for new customers and are used by pretty much every bookie to attract new bettors. These welcome bonuses come in several forms. The most common is the matched deposit offer, which sees the bookie matches a percentage of your initial deposit, from 50% to as much as 200%. Other popular welcome bonuses include free bets, risk free bets and profit boosts.
No deposit bonus
As the name suggests, no deposit bonuses offer punters the chance to grab a bankroll boost without putting any hard earned cash on the line. Just bear in mind that most bookies won’t allow you to withdraw any bonus winnings until you load some cash into the site. Still, it’s an excellent way to test the waters and get a feel for betting on esports if you’re new to the scene.
Monthly deposit bonuses are often referred to as reload bonuses, simply because they happen time and time again. It’s essentially a great way for esports bookies to kill two birds with one stone: keep customers coming back and reward them for their loyalty.
Other esports promotions
Certainly, there’s some good value to be had from the bonuses on offer at the top esports betting sites, but the generosity of these top bookies doesn’t end there. Existing customers can take advantage of a number of unique promotions on offer.
If you’re a frequent bettor after daily rewards, then price boost promotions are for you. These are generally only available on match result and other outright win markets but they do represent a good chance of getting a better return if you back a winner.
In our February 2021 interview with leading iGaming software supplier EveryMatrix, Malte Hegeler, Head of Product Development OddsMatrix, told us why esports bettors shouldn’t expect odds boosts on esports multiples and accumulators.
“Due to the speed of real esports and to a lower number of pre-live events, esports betting allows for fewer multibets, and also fewer selections within a multiple bet. This makes odds boosts less relevant.”
Innovation is the name of the game when it comes to creating interesting and engaging promotions. A fine example of this can be found at Betway. Betway runs a weekly ‘esports objectives’ offer. Punters are given two or three tasks to complete, such as wagering a certain amount on standard and price boost markets. Those who complete the objectives are rewarded with free esports bets, usually between the value of £10 and £20.
What is the best esports betting bonus?
It boils down to you and your betting preferences. Some punters adore free bets, while others would rather snap up matched deposit offers. Additionally, it’s important that you read through the wagering requirements for each offer. In our opinion, the best esports bonuses are the ones which provide you with the greatest chance of landing a profit, so be sure to do your research beforehand.
Place your bets!
Now that we’ve introduced you to the world of esports betting bonuses, all that remains is for you to claim yours and begin betting.
You can follow these 5 simple steps to claim your esports betting bonus:
- Check out our list of top bookies
Picking the right bookie is essential, and that’s why Compare.bet has curated a list of the top esports bookmakers just for you for you.
- Compare bonuses
With your top bookies lined-up, you’ll need to weigh up your options. Of course, you’ll want to compare bonuses, but keep an eye out for market coverage, promotions and the odds on offer too!
- Sign up
Once you’ve picked out a favourite, follow our sign up link and you’ll be able to sign up and become eligible for an exclusive bonus. Registering an account takes just a couple of minutes – all you need to do is enter a few personal details.
Of course, you may have snagged a no deposit offer. If so, you can bypass this step for now. However, if you’ve opted for a welcome bonus, you’ll need to make a deposit. You can do this by heading over to the cashier, selecting your preferred payment method and following the on-screen instructions. You’ll be able to choose from options such as debit card, PayPal and Skrill.
Most depositing methods are instant, meaning that you are ready to bet immediately. Head over to the esports markets and simply take your pick from a number of pre-match and in-play markets.