What You Need to Know about Esports Betting Bonuses

Esports Bonuses

Numerous people around the globe love esports. Unfortunately, though, only a small fraction of gamers are good enough to participate in the matches.

But this doesn’t mean that you have to sit on the sidelines. You can still be part of the action by wagering on matches.

Esports betting sites allow you to gamble on your favorite teams and events. This is all the more exciting when huge events like League of Legend’s “World Championship” and Dota 2’s “The International” are involved.

What’s nice is that you also can pick up a free bonus whenever you start betting on these tournaments and others. But it’s important to know some crucial details about esports bonuses before you chase these offers, which I’m going to discuss below.

What Esports Bonuses Can You Get?

One of the best things about signing up and depositing at an esports betting site is that you can get a bonus. These offers include either a free bet or a match percentage bonus on your first deposit.

A free bet is exactly how sounds in that you can wager on an esports match without risking anything. For example, you might receive a $25 free bet.

An example of a deposit bonus is a 100% match up to $50. If you deposit $50, you’d be eligible to receive a matching bonus.

The exciting thing about these offers is that they give you an opportunity to win free cash right away. You can put these funds towards winning more wagers.

But some beginning gamblers mistakenly believe that they’ll earn the bonus cash right away. The reality, though, is that this money must be earned by meeting terms and conditions (covered later).

Nevertheless, these offers are still worth pursuing if you’re going to wager on esports anyways. Bonuses are a great way to collect extra funds on the side of your betting action.

How Do You Get an Esports Bonus?

Getting an esports betting bonus isn’t difficult. The process is made easier when considering that dozens of bookmakers offer these deals.

Nevertheless, it’s still helpful to have a clear idea on how to get a bonus when you’re starting out with esports gambling.

Here are the simple steps to qualifying for one of these offers:

  1. Find a quality esports gambling site – I recommend that you spend time looking around the esports betting industry to find a good bookmaker. You can use reviews on our site and many others to accomplish this goal.
  2. Look at bonus deals when checking out sites – Bonuses are one of the key aspects you want to consider when comparing bookmakers. The best way to do this is by looking at terms and conditions, which I’ll discuss later.
  3. Register for an account – Once you find a trustworthy site with a good bonus deal, you can proceed to account registration.
  4. Make a deposit – Each esports bookmaker offers multiple ways to deposit. Find a banking option you can use and deposit the desired amount.
  5. Claim your esports betting bonus – You need to visit your account screen and manually claim the offer.
  6. Start betting – Every esports gambling bonus requires you to bet a certain amount before you’re able to withdraw money.

This might seem like a lot of steps. However, you’ll likely be able to find a good esports wagering site and make a deposit within less than an hour.

I’m not suggesting that you rush the process. But you don’t have to spend all week finding a quality site.

The actual process of earning your bonus merely requires betting on matches. Many sports betting sites offer tutorials if you need help learning how to place wagers.

Terms and Conditions on Esports Bonuses

Esports bookmakers are businesses just like any other online betting site. Their ultimate goal is to earn profits.

Therefore, they can’t just hand out free money through bonuses. They instead expect you to earn your reward by meeting terms and conditions.

Don’t let the T&Cs scare you off because they’re not impossible to meet. But you should thoroughly understand everything that’s required before placing wagers.

Here are the main terms and conditions that you’ll find throughout the industry. Also, note that you can usually find a site’s T&Cs through a link at the bottom of their homepage.

Wagering Requirements

Wagering requirements (a.k.a. rollover) refer to how much you must bet before clearing your bonus funds for withdrawal.

Rollover can either be expressed as a multiple of the bonus or a multiple of the bonus plus deposit. Here’s an example of both types of match percentage offers:

Bonus + Deposit Amount Rollover

  • The offer is a 100% match bonus up to $50.
  • You deposit $50.
  • You qualify for a $50 bonus.
  • Rollover is 10x.
  • 10 x (50 + 50) = $1,000 must be wagered.

Bonus AmountRollover

  • You deposit $50 under the same deal.
  • You qualify for a $50 bonus.
  • Rollover is 20x.
  • 20 x 50 = $1,000 must be wagered

Wagering requirements can vary based on the site you’re dealing with. But you can generally expect to meetbetween 5x and 25x rollover before cashing out a free bet or match deposit bonus.

Chasing bonuses with lower wagering requirements is obviously better. After all, you don’t need to wager as much in these cases to earn your funds.

Here’s a comparison between how quickly you’d earn a bonus based on varying wagering requirements:

Scenario #1

  • You deposit and receive a $25 free bet.
  • Rollover is 6x the bet.
  • 25 x 6 = $150 must be wagered.

Scenario #1

  • You receive another $25 free bet.
  • Rollover is 12x the bet.
  • 25 x 12 = $300 must be wagered.

You may have no desire to cash out your bonus after earning it. But rollover is still a very important aspect of esports bonuses for when you do decide to withdraw money.

Minimum Odds

Bookmakers require you to place bets with specific odds or higher when your offer is active. For example, all of your wagers might have to be at 1.60 odds (-167 American) or greater to qualify.

It’s important that you pay attention to this because betting at lower-than-minimum odds nullifies your deal. I’ve seen many complaints from bettors who missed out on earning their bonus after failing to look at the odds requirement.

Some of these same bettors even believe that it’s wrong for sites to use this requirement. However, bookmakers aren’t evil just because they want you to bet certain odds.

Betting sites would lose lots of money on bonus deals if they allowed you and others to wager on heavy favorites over and over again just to meet rollover.

Claim Time Frame

Earlier I discussed how you need to visit your account and claim a bonus offer. The purpose of this is to ensure that you know exactly when your bets count towards the deal.

The downside of having to claim your bonus, though, is that there’s a time frame for doing so. You usually only have 3-7 days to claim your offer before it expires.

Never assume that any sports bonus is active after you make a deposit. Instead, visit your account and find the activation button.

It also helps to note how many days you have to claim your deal by looking at the terms and conditions. This allows you to keep track of how long you have to activate your offer.

Rollover Time Frame

Esports wagering sites don’t give you an eternity to meet wagering requirements. They usually only offer you 30-180 days to do so.

Even 30 days is more than enough time to reach rollover. But some bettors still miss out on this aspect, because they don’t bother examining the T&Cs.

Chances are that you’ll be motivated to reach wagering requirements immediately after depositing. But if you lose your fire for some reason, then you should at least know how many days are left to meet rollover.

Max Bet

The easiest way to satisfy wagering requirements is to place one large bet. Here’s an example:

  • You receive a $20 free bet.
  • Rollover is 8x.
  • 20 x 8 = $160 must be wagered
  • Your first bet is worth $160.

Bookmakers don’t like when you do this, because it makes the process of obtaining your bonus funds too easy. Therefore, they place a max bet restriction on your deal.

The max wager all depends upon the betting site. You’re almost never allowed to wager as much as the entire rollover requirement to get your bonus.

Some sites are strict and require lower bets when your offer is active. You definitely want to know about these cases to avoid placing over-sized wagers that’ll nullify your deal.

Withdrawal Restrictions

One more important term is withdrawal restrictions, which can refer to one of two things:

  1. 1) These site’s minimum withdrawal.
  2. 2) How long you must wait before cashing out.

Every betting site has a minimum withdrawal amount. This prevents them from having to approve a large number of tiny cashouts.

The minimum withdrawal at most sites ranges between $10 and $25. You at least need to meet the bookmaker’s lowest cashout amount before getting your bonus money.

This creates an additional challenge to withdrawing your money. After meeting wagering requirements and receiving your bonus, you might find that you don’t have enough to cash out with.

Here’s an example:

  • A bookmaker is offering a 100% match bonus up to $100.
  • You deposit $40, making you eligible for a $40 bonus.
  • Rollover is 15x.
  • 15 x 40 = $600 must be wagered.
  • You have $15 left after meeting wagering requirements.
  • The site’s minimum cashout amount is $20.
  • You need to continue betting until reaching $20.

This example shows why it’s important to consider both the lowest possible cashout and rollover before chasing an offer.

Regarding the second point, some bookmakers don’t let you withdraw for a certain period before claiming your bonus. For example, you might not be allowed to cash out for 30 days after deposit.

The idea here is to keep your funds on the site longer, which makes it more likely that you’ll make additional wagers. Although not a savory tactic, withdrawal restrictions are common throughout the industry.

In any case, you definitely want to look over everything regarding cashouts in the terms and conditions so that you don’t screw up your bonus chances.

What Will Esports Bonuses Do for You?

One exciting thing about gambling on esports is that you have a realistic chance to win profits. You’re not facing a house edge, meaning you can win in the long run.

Some esports bettors are able to earn enough profits that they become professionals. Don’t expect this to happen overnight, but it’s an exciting prospect to think about nonetheless.

Of course, you may be starting with a small bankroll like most esports gamblers. There’s nothing wrong with this when considering that you never want to bet more than you can afford to lose.

But it can still be hard to stick around the esports betting world when you don’t have any funds to start with. An esports bonus gives you a small boost in this department by offering a free chance to earn money.

Few esports bonuses are worth a significant amount. The average free bet is worth $25, while the average deposit bonus is a 100% match up to $25-$100.

A high roller with a bankroll worth tens of thousands of dollars may scoff as such a small amount. But the average gambler will more than appreciate the chance to win anywhere between $25 and $100.

The main benefit of an esports bonus isn’t to make you rich. Instead, the amount will simply pad your bankroll a little more and improve your chances of lasting longer.

If you truly want to experience esports betting success, then I urge you to start learning everything you can about strategy. This includes knowing how to handicap matches, looking for key stats, and managing your bankroll.

Becoming a winning esports bettor takes time. But you can certainly do it if you’re willing to put the hours in.

Conclusion

Esports betting bonuses are certainly worth pursuing, especially if you’re dealing with a limited bankroll. Earning just $25 or more can make all the difference when you’re trying to grind out profits in the beginning.

But everything starts with thoroughly understanding any deal that you get into. Look closely at terms and conditions to see how favorable one bookmaker’s offer stacks up to the next.

Pay special attention to wagering requirements, because this determines how much you’ll need to wager in order to withdraw money.

Wagering requirements worth anywhere from 5x-15x gives you a strong chance to earn bonus funds quickly. Anything above this amount increases the risk that you’ll lose money while trying to release the bonus.

The minimum withdrawal is another very important term that you want to consider. Lower minimum cashouts are best if you’re hoping to withdraw a bonus after meeting rollover.

You should also be well aware of the time frames on both claiming a bonus and meeting wagering requirements. Missing out on these deadlines leaves you without any bonus cash.

Look for the minimum odds and max bets too. Wagering on too low of odds and making a large bet can both nullify your offer.

Again, esports betting bonuses are a nice way to increase your funds in the beginning. That said, it’s definitely worth vetting the T&Cs to ensure that you do everything right when earning your bonus.