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Best Welcome Bonus Betting

Which betting site has the best welcome bonus?

There are lots of betting sites out there and it is not surprising to see that they are all very keen to offer welcome bonus offers to attract new customers. In this page, we will tell you what the best welcome bonuses for betting are. Not only that we will also explain what you can get from the different deals and what are the betting sites that you can trust in the UK.

Which betting site is the best?

Since every betting site is different, it is not easy to find one that is the best for every punter. Having said that, we do recommend that you sign up with an online betting site that has a full UK Gambling Commission license and that can be trusted entirely.

From time to time there are new betting sites that are popping up. Although some bring a breath of fresh air, it is important to do some due diligence before taking advantage of their welcome bonus offers. Be ensured all the betting sites that are listed on BestBettingSites.Online have a valid UK license and have been tested extensively by our team of betting experts. Below you will find the top 5 recommended betting sites in the UK.

Best Welcome Bonuses For Betting

How Do The Welcome Bonus Betting Offers Work?

To get the maximum out of betting welcome bonuses you first need to understand how they work and which one is worth claiming. Going through this process will also help you meet the terms and condition of the offer and secure the welcome bonus.

Every welcome bonus for betting is slightly different from others, but in general, there are two types:

  • Matched Free Bet: you need to place a bet to get a free bet.
  • Matched Deposit Bonus: get a deposit which is a percentage of the amount you have deposited.

Which betting company gives the best odds?

Although securing the best welcome bonus offer it is a great way to start your betting activity, it is crucial that you also consider other aspects when selecting a betting site. If you are planning to bet with that betting company for long time, we suggest that you also consider how generous the odds are. This is because consistently betting with competitive odds will give you a higher return over time. Below we have made a comparison after analysing odds for 10 different sports markets.

Top 5 Betting Sites For Best Odds

Operator 1 – BetVictor 95.7 – 98.0% 2 – NetBet 93.5 – 98.0% 3 – Betway 94.8 – 95.5% 4 – Ladbrokes 91.7 – 94.9% 5 – William Hill 92.6 – 94.9%

How Matched Free Bets Work?

Matched free bet offers are very popular. In fact, from our analysis, we have found that 75% of welcome bonus betting offers are of this type. The reason why so many betting sites are using those types of welcome bonus offer is that they are easy for customers to understand and also the free bets are easier to get.

For instance, a UK betting site might advertise an offer like ‘Bet £10 and get £30 in Free Bets’. To get the free bet, you would have to place a qualifying bet. This bet will unlock the free bet but you need to ensure you understand the requirements. The majority of betting sites will ask you to place the qualifying bet on odds which are at least 2.00 or higher (evens). The reason why they do so is to avoid bonus hunters placing bets on very low odds events with the only aim of releasing the free bet.

Once you have met these requirements, you will get the free bet credited into your account. At this point, you will be able to use the free bet. In most cases, the free bets will not be returned as part of winnings. So if you are using your £30 free bet, you will only get the winnings from that wager, not the £30 free bet stake.

How Matched Deposit Bonuses Work?

Sports betting sites can also have offers like ‘Deposit £100, and you will get a 100% matched bonus up to £100’. With those type of welcome bonus offer, you will get a bonus which is dependent on the amount you have firstly deposited. If like in the example, it is a 100% matched deposit, you will receive the exact amount you have deposited in bonus, up to the maximum allowed. If for instance, it is a 50% matched deposit then you will get a £50 bonus and so on.

The great thing about matched deposit offers is that gives the advantage of getting larger bonuses. On the other side though, the terms and conditions might be more complicated with wagering requirements that are usually higher. There are in fact to sets of wagering requirements. The first one is to release the bonus while the second one is to withdraw the cash you might have won.

To unlock the first bonus, usually, the wagering requirement is 1x (for instance you have to bet the total sum of your initial deposit). As soon as you have unlocked the bonus, you will be allowed to bet with it. To withdraw it as if it were cash, you would normally have to wager the bonus amount five times.

So although the matched deposit bonuses are higher in value, you need to take into account that will usually have harder wagering requirements to meet.

How to Choose the Best Betting Site for You

As mentioned earlier there isn’t a single factor that determines what is the ‘best’ betting site out there. There are many different factors to consider and some are subjective. Below we have prepared a list of things to take into account when looking for the best betting site for you:

The Welcome Bonus Betting Offer

Securing the best possible welcome bonus offer is a great way to start your betting activity with a betting site. Some welcome bonus offers will be mostly dedicated to those punters that are betting small amounts while others are better suited to those who are placing big bets. In either case, check the terms and conditions of the offer carefully before signing up.

Ongoing Offers

Getting the best possible welcome bonus offer is great but you need to consider also how the betting site is rewarding loyalty with offers for existing customers.

Betting Markets

If you are betting on several sports and leagues check that the betting site is covering effectively the markets you wish to bet on.

Competitive Odds

You should try to win as much as possible. The majority of punters have several betting accounts with top betting sites to ensure that they always place their bets at the biggest odds.