We Compare the Best Betting Site Offers
Most bookmakers will offer new customers a welcome bonus, free bets, or other types of betting site deals so that when you open your account, you have plenty of funds to play with.
If you have been looking for new betting sites to join, you have probably seen loads of sign up offers - perhaps so many that it’s difficult to keep track of which ones are the best at any given time.
Luckily for you, at MyBettingsites.com we have created this page which is dedicated to helping you find the right betting site offers and giving you a solid overview of the types of bonuses that bookies have.
Top Betting Site Offers 2020
Bet £10 get £40 in Free bets
5 x £20 Free Bets
100% up to £100 in bet credits
£30 Free Bet
Bet £5 get £30
100% up to £122
£20 Risk Free plus £5 Free Bet
Up to £40 Welcome Bonus
Brand new UK Licence!
Bet £5 get £20 in Free Bets
Bet £10 get £30 in Free bets
£10 Free Bet
Bet £10 get £5 Free
Find the bonus offer that suits you
Welcome bonuses are often lucrative, but a number of factors need to be considered before you go through and register.
Betting site offers for existing customers are also key, as you want to be getting bang for your buck in the long run.
Keep on reading for a full breakdown of betting site deals in the current sportsbook market, and look out for our casino bonuses too if that’s your thing.
Types of Betting Offers
Every bookie will offer punters some sort of incentive to sign up with them. The bigger and better betting sites will also run regular promotions for existing customers, ensuring that they are rewarded for their loyalty and continue to play.
New customer offers are generally bigger and more punchy. While there are a wide range of ways in which betting sites can present welcome offers, the main types are listed below:
Free Bets do exactly what they say on the tin. You join a bookie, in some instances with a betting site bonus code used upon registration, and usually have to deposit and/or wager a certain amount in order to qualify for the free bet or bets.
Depending on the conditions of the welcome offer, you could be offered one free bet or a series of multiple free bets.
The qualifying bet may have a minimum odds requirement, and the same may apply for the free bets. Winnings from the free bets will not include the stake, but wagering requirements for the winnings are in most cases low if there are any at all.
It is crucial that you read and understand the terms and conditions of all free bets offers, and make sure you don’t let the offer expire!
- You create a new account with a bookmaker, using a betting site bonus code which unlocks a Bet £10 Get £30 in free bets offer.
- A £10 qualifying bet is placed on a football match with the minimum required odds of 1/2.
- The 3 x £10 free bets are credited to your account.
- Your three separate free bets are placed with respective odds of 1/2, 1/1, and 2/1. They all win.
- You collect a total of £35 (£5 + £10 + £20).
First Deposit Bonus
Many bookies offer new players a bonus upon their first deposit after creating an account. This can be a 100% matched deposit, or a higher or lower percentage such as 200% or 50%.
Betting sites will limit the value of the bonus you can claim.
Let’s say it’s a 100% matched deposit up to £100 - this means you can deposit anything up to £100 into your new account and the bookmaker will double it.
It is more common for these types of betting site offers to have tougher wagering requirements attached to them. If the terms and conditions state that the bonus must be turned over 6x before it becomes withdrawable, you would need to place £600 worth of bets if you received an initial £100 bonus.
No Deposit Bonus
A rare type of betting site deal but lots of people’s favourite - for this sign up offer there is no deposit needed. You simply receive money to bet with as soon as you register.
While the no deposit bonus may sound the sexiest of all the betting site offers on this page, the value of this welcome offer is often much lower than the other types, and wagering requirements are an obstacle.
Still, there is nothing to lose with a no deposit bonus, and if you do manage to win your bets and comply with the requirements, it is essentially free money.
Some bookmakers’ sign up offer comes in the form of a risk-free bet, which requires the new customer to place a bet with their own money but provides them with insurance.
When punters take advantage of one of these betting site offers, they are instructed to place an initial bet, which can sometimes have restrictions such as the amount staked, minimum odds, or single bets only.
If it is successful, they win the bet and carry on as normal.
If the bet loses, the stake is refunded - sometimes as cash, sometimes as free bets with wagering requirements.
As with all other betting site deals, we advise that you read through all important terms and conditions before proceeding with a risk-free bet offer.
Betting Site Offers - Important Factors
While the value of each sign up offer is the main selling point and the thing which catches your eye, the difference between good betting site deals and great ones is often in the small print.
A 300% bonus up to £300 would be great, but what if you don’t have a realistic chance of actually turning the bonus into cash?
On the other hand, a £10 free bet might not seem like anything to write home about, but if the conditions are easy to meet and you can quickly withdraw the winnings as cash, this may well be more enticing than a comparatively farfetched welcome offer.
Sadly, bookies aren’t just going to give you heaps of cash and let you take it and run. You need to actually play through the bonus funds you receive a number of times.
Matched deposit bonuses will likely always have wagering requirements attached.
The required turnover will often be somewhere around 5-15 times the amount of the bonus.
Free bets don’t always have wagering requirements, or if they do they are generally smaller (roughly 2-4 times the bonus amount).
Qualifying bets for betting site offers often have a minimum odds requirement. This is to avoid players placing wagers with almost no risk just so that they can receive a bonus.
The betting bonus funds may also have to be used on markets within a certain odds range. Minimum odds are usually somewhere between 1/2 and 1/1.
Betting Bonus Amount
An obvious consideration, but the amount of bonus money you will receive for joining a new bookie and depositing funds should always be important.
The bigger the betting site offer, the tougher the terms and conditions can be, but if you are going to go through the effort of signing up with a sportsbook based on their welcome bonus, it needs to be worth your time.
Bonus Expiry Date
Lots of betting site deals must be claimed within a certain timeframe. These deadlines can apply to various stages in the process, such as:
- Time from signing up to making the first deposit.
- First deposit to wagering the qualifying bet.
- Using free bet credits.
- Completing wagering requirements attached to a betting site offer.
When looking through the terms and conditions of each sign up offer, look out for any restrictions regarding what markets your qualifying bet can be placed on.
Some betting site deals are for single bets only, while some seasonal specials might only be eligible for certain sports or events, such as Euro 2020 or Wimbledon.
There may also be certain markets or bet types that you have to wager your bonus money with. Be sure to know exactly where you stand with this.
Frequently Asked Questions About Betting Site Offers
🤔 How do betting site offers work?
Bookmakers promote special betting site offers as a way of attracting new customers. The user must create a new account and follow the relevant instructions in order to secure free bets, a deposit bonus, a risk-free bet or a no deposit bonus.
It’s a win-win for both parties, as the bookie gets a new customer, and the punter gets to claim some bonus funds which they can potentially turn into cash.
🤑 Can I claim a welcome bonus from a betting site even if I am already registered?
You may still be able to claim the betting site offer if you have not yet deposited into your account and the expiry date from when you signed up has not passed. In most cases, if you already have an account, it is too late to use that betting site’s welcome bonus and we would suggest signing up to a different bookmaker if you want to claim free bets or a matched deposit.
🤝 What bookmakers have new customer betting deals?
Every bookie will have some kind of betting site offer for new players - some more lucrative than others.
We have compiled all of the best deals on this page, and you can click one of the ‘Claim’ icons if you want to grab one.
👨💻 Do betting site offers require a bonus code?
Not always. In fact, most of the time, just clicking on a direct link to the offer will lead you to the registration page and you may just have to tick a box which indicates that you want to claim the offer. Full instructions for each bonus are provided on each of our bookie reviews.
🤩 Which welcome bonuses are the best?
There is no exact science behind which betting site offers are the best, as it differs depending on what you are looking for.
Some of us prefer smaller bonuses with easier wagering requirements, as with those it is more likely you can turn the bonus funds into withdrawable cash. Others prefer the more valuable bonuses and fancy themselves to meet the terms.