Improve your betting experience with bonuses at Bitcasino!
Esports is one of the biggest betting mediums in the world with tons of available wagers spectators can place. Aside from joining in on the thrill by placing bets on their favourite teams, spectators also have the chance to claim bonuses and rewards by registering on a sportsbook.
Find out what makes rewards and bonuses fun when using a sportsbook right here at Bitcasino!
Esports 101: What is an esports bonus?
Esports are professional games played competitively on desktops and consoles. There are a lot of games included in the esports scene where teams and individual players battle against one another.
To determine the top players and teams for every game, esports tournaments are held throughout the year in different parts of the world. The process for these tournaments vary per game but most are arranged in various semi-finals that culminate in a final where top contenders fight for the championship title.
What comes naturally in these competitive games are bets made by spectators during competitions. It adds excitement and thrill to the unknown outcome of the games. Betting has been around for many years and was once done as a pastime to simply guess the outcome of games.
These days, betting has become one of the main sources of entertainment for punters with the wide range of betting options to choose from offered by various casinos and sportsbooks available online.
Moreover, when you bet through an online sportsbook, you’ll discover bonuses that will take your betting experience to the next level. Bonuses and other offers are some of the most appealing features of an esports betting website because they allow users to find out what they can get out of using the site.
Don’t forget to read all about the terms and conditions for each bonus first because the process of withdrawing your winnings can vary greatly. Most of the time, these restrictions have wagering requirements where you have to bet a specific amount of your deposit before you can withdraw your wins.
Esports bonuses explained: Types and Uses
Esports betting sites usually have a wide variety of bonuses such as Free Bet, No Deposit Bonus and more. Each of these bonuses has its own use and advantages that users will benefit from. Additionally, you have the freedom to choose the bet you want. Find out what each bonus can do and how it works right here at Bitcasino!
Check out the following esports bonuses below:
Free Bet bonus
Among all the bonuses available in online sportsbooks, the Free Bet bonus is the most popular one because it allows you to place one wager. A Free Bet will vary from one sportsbook to another, but usually, you are given a set amount of money to utilize at the site.
Most of the time, the terms and conditions of Free Bet indicate that a player must wager their free bet amount a certain number of times before their winnings can be cashed out.
When you get the free bet bonus, you’ll receive all your winnings after meeting the wagering requirement. However, if you lose your bets, you won’t lose any money and your funds will be returned to your account depending on the terms and conditions set by the sportsbook. In short, you’ll receive winnings when you win your bets but if you don’t, you won’t lose money.
Additionally, the Free Bets bonus can be utilized around the time of a major tournament because it allows you to place a wager on different teams like the Evil Geniuses, Vici Gaming, Invictus Gaming and more. This allows you to increase your chances of winning. However, if you want to make the most out of the Free Bets, make sure you think about where to place them so you can get the most out of the possible outcomes.
The Deposit Bonus is also another popular type of esports bonuses offered by sportsbooks. It matches your initial deposit up to a certain percentage and rewards it as cash or Free Bets.
In most cases, the minimum amount of deposit is relatively low but instead of indicating a maximum deposit, you will instead rely on a certain percentage given by the site. For instance, if your initial deposit is €50 and the sportsbook is offering a 100% match bonus, then you can earn a €50 bonus.
When it comes to claiming the bonus, you have to fulfil the terms and conditions set by the site for the bonus first before you can claim it.
Moreover, Deposit Bonus works by simply opening a new account with the betting site and depositing a certain amount. After that, you’ll be rewarded with bet credits or free bets equivalent to the amount you deposited.
No Deposit Bonus
Contrary to the Deposit Bonus, the No Deposit Bonus allows you to receive rewards or gifts from the site without making a deposit. It is a promotional bonus so you don’t have to spend a cent.
In this bonus, sportsbooks provide a specific amount of credits you can use in your account without paying for something first. This bonus aims to entice users to eventually make a real money deposit and bet on esports after familiarizing themselves with the site.
However, a lot of sportsbooks are aware that many punters tend to not deposit at all and instead seek no deposit bonuses to see what they can receive in return. Due to this, the No Deposit Bonus is becoming more scarce.
Although the No Deposit Bonus is a huge advantage for those who want to start betting on esports, they still come with certain requirements for players to be eligible to claim the bonus. Like other bonuses, this will vary from site to site. Fortunately, you can receive other gifts such as Free Bets or free cashback that are available at specific events.
This bonus is available during registration and you can only acquire it once after validating your identity. Before getting the bonus, you must read the terms and conditions first so you’ll know how it works on the site. Once you claim this, you have to bet your bonus amount several times before you can withdraw your winnings as real cash.
As its name suggests, the Welcome Bonus is for new users who just registered on the site. It goes hand in hand with the Deposit Bonus because both require signing up for the sportsbook to claim the reward.
This bonus works by depositing a particular amount of money into your newly registered account and the sportsbook matches it with a bonus credit that you can use to place bets.
As such, this type of bonus still varies from site to site and you have to understand how it works on a certain sportsbook before you dive into it. Additionally, it is only offered to first-time users of the site and not to those who are already registered.
There are different types of Welcome Bonuses offered by various sportsbooks, and here are the most common ones that you will encounter:
Matched Deposit Bonus
For this one, the sportsbook will match your first deposit with anywhere from 25% to 200% in bonus funds. Naturally, this bonus will give you betting money that must be wagered before you can withdraw any wins.
The Matched Deposit Bonus will also have a limit on the amount of extra money you can receive, so don’t put down a large amount because even if you go over the limit, you’ll still receive what the site originally offers.
Matched Bet Deals
Matched Bet Deals is similar to Matched Deposit Bonus but for this one, the site will match the amount of your initial wager and not the deposit, ultimately increasing the payout you can receive with your initial wager.
However, some sites will only allow you to withdraw the earnings from your increased betting stake and not the value of the bonus.
Losing Bet Refunds
A Losing Bet Refund allows you to refund your betting stake when you lose your esports bet. This can be given to you as cash or extra cash bets that you can use to place other wagers on the site.
An Objective-Based Bonus is a type of bonus where you are required to go through a series of challenges to receive a reward. These challenges are specific and can be fixed to a certain game available on the sportsbook. Additionally, the idea behind this type of bonus is to screen through the number of players and reward only those who qualify by achieving some objectives and conditions.
For some new punters, this bonus can be a bit confusing at first. But when you get the hang of it, you’ll want to claim this bonus again and again.
The Reload Bonus is the exact opposite of the Welcome Bonus because instead of giving rewards to new users, existing users will receive it instead. However, since it’s only for existing users, you have to wait for this bonus to become available so you can take advantage of it.
Moreover, the Reload Bonus is not common compared to the other types of bonuses but you can still find this in various sportsbooks as offered via newsletters and social media platforms.
Bitcasino bonuses to check out
Bitcasino also gives its users opportunities to obtain rewards and bonuses through promotions and tournaments for its players. What makes betting at Bitcasino more exciting is the lack of wagering requirements that most online casinos ask for.
Additionally, Bitcasino updates its users regarding upcoming promotions and tournaments through email. So if you want to be the first to know about the offers, make sure to register and subscribe to the newsletter.
Here are the top bonuses and rewards you can receive at Bitcasino:
Free Spins are free rounds given to a player for a slot game. To be eligible for this bonus, you’ll have to wait for the notification that will be shown to you at the bottom left of your screen. Once you’ve received the notification, you can obtain Free Spins through promotions or by participating in tournaments.
Free Chips are intended for players who engage themselves in table games. Same with the Free Spins bonus, you’ll also receive a notification indicating your eligibility for the bonus. For the Free Chips bonus, you can get free chips by joining tournaments.
Bitcasino can also reward you with cash rewards that will be automatically added to your balance. You’ll know that you have received cash rewards when you see a notification. By joining tournaments and staying up to date with the promotions, you’ll constantly receive cash rewards from Bitcasino.
The Loyalty Club of Bitcasino is one of the best perks you can receive because this is where you can obtain loyalty level points for constantly playing certain games. No matter what type of game it is, you will receive points as long as you play.
This bonus allows you to boost your winning by the percentage indicated to you during the boost period. If you’re eligible for Casino Boosts, you will be informed of its percentage, time of expiration and list of eligible games.
When the boost is activated, a countdown will start and all your wins during the promo period will be the basis for the boost reward you’ll receive.
Determining a good esports bonus
If you’re new to esports betting, then you have to become familiar with the bonuses offered in sportsbooks to know if an esports bonus or reward is worth getting. Here are some of the things you need to consider before you start betting on esports:
Esports terms and conditions
Remember to not trust a site that doesn’t have terms and conditions when claiming a bonus or reward. To give you an idea regarding these terms and conditions, check out the list below to learn more about them: