Online betting on esports for real money has many advantages. Some of them are obvious – the comfort of your own home and peace of mind. But, some might not be that obvious to the untrained eye. One of the biggest advantages online esports betting sites have over brick-and-mortar bookies is their bonuses.
Yes, brick-and-mortar bookies tend to have some sort of bonuses too, but it’s nothing compared to their online counterparts.
Different Esports Bonuses From Online Bookmakers
When talking about bonuses you can get for your esports bets, there are several different types. Of course, welcome bonuses are the most popular and heavily advertised. But, there are a number of additional esports betting bonuses you might not know about.
They are as follows:
Free Esports Bets
Yep, free bets on esports bookmakers do exist. They’re not that frequent but are fairly simple and easy to understand for newcomers. Free esports bets work in a simple way – you place a bet on an esports line and if you win, you get the funds… but if you lose, you get your stake back as bonus funds.
Of course, these bets are capped at a certain amount which is typically low. We’re talking $5 to $20 here, rarely more than that.
Welcome Bonuses
Welcome bonuses are by far the most widespread bonus on the vast sees of online bookies. They’re fairly simple to understand. If a bookmaker is offering a 100% initial deposit bonus up to $200 for newly registered accounts, that means a potential $200 boost for your first/next esports betting campaign. That’s $400 in total for a $200 deposit.
How does this work? It’s simple:
- You deposit $200
- You finish the registration process
- You get an additional $200 in bonus funds
If you deposit $300, though, you’ll still get $200 because the offer is capped at that exact amount. Keep in mind that welcome bonuses come in all shapes and sizes, some even scratching the $1,000 mark.
Well, there is – it’s called a rollover and it’s essentially a mechanism that ensures bettors use bonus funds for a ton of bets before being able to cash it out. We’ll talk more about rollovers and other restrictions later on.
No Deposit Bonuses
As the name suggests, this type doesn’t require users to deposit funds to get some bonus funds in their bankroll. To get this one, all you need to do is register for an account, confirm your email and identity, and you’ll be granted bonus funds.
But, don’t think that’s it. There’s a big downside to no deposit bonuses and that’s the fact they typically have near-impossible rollover requirements and additional restrictions. So, if you’re looking for a real esports betting bonus, no deposit ones probably aren’t for you.
Reload Esports Bonuses
In essence, reloads are the same as welcome bonuses, just focusing on already registered users instead of newly registered ones. Everything is the same – deposit percentages vary from bookie to bookie, just like maximum caps and rollover requirements.
For more details and to prevent any errors from happening, make sure you carefully read the bonus ToS before depositing a large sum of money.
Esports-Specific Bonuses
Some bookmakers go out of their way to provide their players with proper esports bonuses. They incorporate esports-specific promotions. That’s basically a different bonus for the most popular esports betting markets. In other words – one for CSGO, one for Dota 2, and one for Valorant. These are typically set up as either free bets or reload bonuses bound to the next placed bet.
Things to Keep In Mind When Using Esports Bonuses Online
Here are some general rules of thumbs when exploring all the different types of esports bonuses:
They Are Typically Capped to a Certain Amount
As mentioned earlier, some bonuses are capped at a certain amount. We’re mainly referring to deposit bonuses; stuff like welcome and reload bonuses, to be more precise. The cap is the focal point of the offer – f.e. 100% initial deposit up to $200.
If you deposit $200, you’ll get the same amount in your bonus bankroll because the bonus amounts to 100% of your initial deposit. But, if you deposit $300, you will still get just $200 in your bonus bankroll because the offer is capped at that amount.
Pay Attention to Minimum Withdrawals
If you do manage to bet the required amount of money and still have something to withdraw, you might stumble upon a different issue. If you, for example, have $15 in your bonus bankroll after finishing your rollover requirements, you won’t be able to withdraw your money if the bookie’s minimum withdrawal limit is set at $20 or $50.
On the bright side, these minimum withdrawal amounts vary from one payment method to another. Still, it could be an issue for some people so we have to point it out.
They Possess Rollover Requirements
Once you get the bonus funds in your betting bankroll, you won’t be able o withdraw them. Of course, that’s the first thing most newcomers tend to think. But, in reality, bookies have a straightforward system for ensuring there are no exploitation of the different types of esports betting bonuses they provide.
It’s really simple – all bookmakers have rollover requirements players need to fulfill so they can withdraw their money. Let’s say you get $100 in bonus funds and the rollover is set at 10x. This means you need to bet at least $500 before you can cash out your bonus funds.
Keep Tabs on Other Restrictions
In some (extreme) cases, the bookie might install additional restrictions on the different types of esports bonuses they feature. For instance, some bonuses might only work for you if you’ve placed a CSGO bet. The same goes for other markets too, like LoL and Valorant betting.
These restrictions are typically advertised on the main promotional page. But, if you’re not too careful, you might think you’ll get the bonus for betting on other markets too. It’s just something to keep in mind going forward, is all.
What’s the Best Esports Bonus in 2022?
It’s difficult to say, really. There are so many online bookmakers that accept Dota 2, LoL, and CSGO bets that it’s impossible to keep track of their bonuses. But, our esports bookmakers guide ought to help you out.
You see, we track the most generous esports bookmakers on a weekly basis and always have a fresh batch of quality esports betting bonuses for you. If you’re on the lookout for ways to boost your bonus bankroll, look no further than our guide!
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