Betting Sites With Welcome Bonus 2024

These bookmakers offer the best welcome bonus so make sure to sign up with them if this is important to you!

Claudia Hartley
Claudia Hartley

Last Updated: 2024-07-19

A. Tzamantanis

8 minutes read

For many people, signing up to betting sites with a welcome bonus is essential. Maybe the biggest perk of finding a new site is claiming a bumper promotion.

Whether you’re after a free bet, a deposit match bonus, or even a no-deposit bonus, we’ve got plenty of great options for lucrative sign-up offers.

Best 3 Betting Sites With Welcome Bonus

1. Parimatch

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The Parimatch welcome bonus is a brilliant one for bettors on a budget. For just a £5 bet, you can get your hands on £20 in free bet credits. There is a 16x rollover on this bonus, but if you have a winner, you’ll be able to complete that in no time.

Licences
UK Gambling Commission, Gibraltar Gambling Commissioner

Excluded Countries: Afghanistan, Angola, Argentina, Australia, Belgium, Bosnia And Herzegovina · Bulgaria, Denmark, etc

Payment Methods: Visa, Mastercard, PayPal, Paysafecard

Bonus: Bet £5 get £20 in free bets

Terms and Conditions: 16x rollover, 1.75 minimum odds

Support: FAQ, Live Chat, Email

Rating: Odds 4.6 Promotions 4.5 Mobile 4.9 Other 4.9

Pros

  • Low qualifying deposit of just £5
  • Fair terms and bumper value 
  • Regular ongoing promotions

Cons

  • Small selection of payment options
  • 16x rollover is a little high

2. Betwinner

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Those looking for a larger bonus need look no further than Betwinner. This provider is offering a very generous 100% deposit match bonus up to £100. There’s only a 5x wagering requirement attached too, meaning you’ll be able to withdraw your winnings quickly. You’ll also benefit from plenty of ongoing promotions after signing up, which is always a big positive.

Licences
Curacao eGaming Authority

Excluded Countries: North Korea, Iran, Syria, United States, etc.

Payment Methods: Mastercard, Visa, e-Wallets, Payz, Cryptocurrency

Bonus: 100% deposit match up to £100

Terms and Conditions: 5x wagering requirement, 1.4 minimum odds

Support: FAQ, Live Chat, Email

Rating: Odds 4.6 Promotions 4.7 Mobile 4.7 Other 4.8

Pros

  • Large bonus with very favourable terms
  • Good live betting platform
  • Low minimum odds requirement

Cons

  • Only has a Curacao license
  • No phone support

3. 888sport

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888Sport completes the list of brilliant welcome bonuses. If you make a £10 bet on odds of 1.5 or better, you’ll automatically receive three £10 bet tokens to be used on football, horse racing, and live betting. This gives you a great chance to explore different areas of the site - and there are no wagering requirements attached.

Licences
UK Gambling Commission, Gibraltar Gambling Commission, Irish Revenue Commissioner

Excluded Countries: Afghanistan, Australia, Belgium, Bulgaria etc.

Payment Methods: Visa, Mastercard, Luxon Pay, PayPal, ApplePay, Trustly, Paysafecard

Bonus: £30 in free bets & £10 casino bonus

Terms and Conditions: 40x wagering (casino only), £10 minimum bet, 7-day expiry

Support: FAQ, Email, Social Media, Live Chat

Rating: Odds 4.6 Promotions 4.5 Mobile 4.9 Other 4.5

Pros

  • No wagering on free bets
  • Great value bonus, with low qualifying bet
  • Mobile platform is top-class

Cons

  • Skrill & Neteller are exempt
  • Bonus can only be used on specified sports

How we Rated the Betting Sites with Welcome Bonus

It’s not easy to be the betting site with a welcome bonus that makes it to our top list. Below are the criteria that all sites must meet to be considered.

  • License: A license is essential for a site to make it to our list. Whether it’s from a local governing body or a remote license, this helps to ensure that the site is safe and trustworthy.
  • Bonus & Terms: As well as having a generous welcome bonus, we also check out the terms and conditions. We look for a fair playthrough, expiry date, and win cap, as well as a good bonus amount.
  • Payments: Being able to get your hands on your winnings safely and quickly is essential. We check for trusted payment providers offering fast withdrawals.
  • Odds & Markets: All of the sites offering free bets must have a wide selection of markets and competitive odds across all major sports.
  • Customer Support: We prefer sites to have a comprehensive FAQ as well as at least one other way of reaching the customer support team.

What Is a Welcome Bonus?

A welcome bonus is the first bonus you receive when you sign up to a site as a new customer. You’ll sometimes see it referred to as a sign-up bonus for this reason.

They’re often the most generous offer on the site, but that doesn’t mean you have to accept it if you don’t want to!

What Is the Benefit of a Welcome Bonus?

There are all kinds of benefits to accepting a welcome bonus. Below are some of the most important ones.

  • Boost Your Bankroll: A deposit match bonus can provide a significant boost to your betting funds. A free bets offer can also boost your wallet with extra bet credits.
  • Make Outside Bets: A free bet or second chance bet can be a good way to take bets at longer odds without risking your own money.
  • Try a New Site: The main point of all types of welcome bonuses is to allow you to try out a new site without having to risk as much of your own money.

Do I Need a Promo Code to Claim a Welcome Bonus?

Many bonuses do require a promo code, but it’s a less common practice for the welcome bonus. Generally, the welcome bonus is easy to claim and doesn’t require a code.

Tip: Sometimes if you’re playing on a site with a casino and sports betting section then you might need a code to choose whether you’d like the casino bonus or the betting bonus.

Types of Welcome Bonuses

There are all kinds of different betting bonuses that you can get your hands on. Below is an explainer on each of the most common ones.

Free Bet

When it comes to straightforward betting bonuses, the free bet reigns supreme. This offer gives you a free sports bet up to a certain value.

Deposit Match Bonus

The deposit match bonus is the second most common betting bonus. This offer matches your initial deposit by a certain percentage and up to a certain value.

For example: A 100% deposit match bonus up to $50, gives you an additional 100% of your initial deposit up to a value of no more than $50.

Second Chance Bet

A second chance bet is becoming an increasingly popular welcome bonus. This offer allows you to receive your stake back as bet credits, but only if your first bet loses.

No Deposit Bonus

It’s pretty rare to find betting sites with a free welcome bonus, but it does sometimes happen. These are called no deposit bonuses, as you can claim a promotion without making a deposit.

Bonus Terms and Conditions

Sadly, all bonuses come with at least some terms and conditions attached. It’s important to read these carefully as they can really affect the value of a bonus.

Wagering Requirement 

The wagering requirement tends to be the term that makes the biggest difference to a bonus’ value. It refers to the number of times that you need to wager the bonus amount before you can withdraw your winnings.

For example: You take a $20 free bet with a 10x wagering requirement. You must wager the bonus amount ($20) 10 times before you can withdraw your winnings - that’s $200 in total.

Qualifying Deposit

In order to claim a bonus you’ll usually need to deposit at least a certain amount of money, this is known as the qualifying deposit.

Minimum Odds

Most free bet offers will stipulate the minimum odds that can be taken as a qualifying bet. Some bonuses will also stipulate minimum odds to satisfy the wagering requirement, but this is less common.

Expiry Date

All bonuses come with an expiry date, by which point you need to have used the bonus amount and completed any wagering requirements. If you don’t, the bonus will expire and you’ll lose any bonus funds.

Win Cap

Some promotions come with a win cap or max win. This is the maximum amount that you can win from using this bonus.

Promote Responsible Betting

Betting on sports events should always be fun. If you find that you’re not enjoying betting any more, or struggling to bet within your means, here are some steps you can take.

  • Use Tools: All licensed betting sites will provide you with tools to help you gamble responsibly. These could include time reminders, deposit and loss limits, and self exclusion.
  • Set Limits: Only bet with money that you can afford to lose. If you struggle to stick to your limits then set a deposit limit in your account preferences.
  • Seek Help: If you’re still struggling to maintain a healthy relationship with betting then you need to seek help. There are lots of dedicated organizations and charities who can help you.