Various betting platforms in India provide exciting bonuses or promotions to attract new users and sustain existing users. These rewards act as incentives to offer more money to wager and provide a great betting experience.
Most bookmakers in India offer various types of bonuses and promotions with higher payouts. The trickiest part is deciding which betting site to register for these attractive bonuses.
To make this decision much easier for you, we have prepared this guide with all the information on betting bonuses, their types, how to claim these offers, and the vital terms to withdraw the bonus funds, etc.
Our top 10 betting bonuses in India for 2024
Our expert team at BBIN have reviewed numerous betting platforms and hand-picked the top 10 betting bonuses in India in the section below. Have a look at these and choose your preferred one to participate in today:
Our bookie bonus comparison tool
The following tool provided below further helps you compare all of the betting sites in India. Check out their bonuses and choose those that fit your gambling needs:
Top 3 best betting site bonus offers
Among the various betting bonuses and promotions available on the Sportsbooks, we have reviewed personally and listed the top 3 in the section below:
1xbet Welcome Bonus
Claim a 120% First deposit bonus up to 33000 INR with 1xbet India. If you are a new user, open an account and make your initial deposit of at least 200 INR. Complete every single field in My Account’s section to opt in for this promo.
The size of the bonus is determined by the size of the deposit, so if you deposit more the bonus amount would be more. Here is how the percentage of 1xbet bonus is determined:
The credited bonus must be turned over 5 times in accumulator bets. In an accumulator bet, each one must include at least three choices of selections with odds of 1.40 and more.
All the events’ start dates must fall within the validity of this offer, which is 30 days. If you received a 110% bonus or more, you are required to wager a bonus amount 10 times in pre-match or in Live accumulator bets. Each accumulator must consist of 3 or more selections at odds of 1.50 or more.
Mostbet Insurance Bonus
You can insure any single or accumulator bet and claim the insurance bonus with Mostbet Promotion. The cost will be displayed right on the bet slip. If the bet wins, all the winnings are credited. If the bet loses, the bookmaker will immediately reinstate the insured sum back to the account.
Insurance cost depends on the current odds pertaining to the event for which the policy is issued. For instance, the Participant can ensure up to 10%, 30%, and 50% of the bet. In a similar manner, depending on the current change in odds, the cost of insurance can be changed.
Altogether, it is understood that the total count of all presented insurances cannot exceed the initial bet by 100%. Insurance can be done in the personal account in the betting history at any time of the match if the given service is available in the betting slip.
Note that this insurance can be issued for single and accumulator bets. In the case of accumulator insurance, the cost of the service also includes the odds of cumulative events in the bet slip.
Fun88 Luxury Prize Promotion
With the Fun88 bonus, you can claim numerous cash prizes and an iPhone 15 Pro. All you need to do is register on this platform via a desktop or mobile app, make deposits and play various bets. For more info, check the table listed below:
Once you meet this promotion requirement, the respective rewards or prizes will be credited to your betting wallet. This promotion can only be claimed once per player daily with a required deposit of Rs.5000 (accumulated).
Then, you will get Super Surprise rewards 5x and Rs.200 in the main wallet for winning. The total number of players who can avail of this bonus is 5000. There will be one iPhone 15 Pro for one lucky winner every week, announced every Monday.
Inbox communication will be sent to the winner, and required to respond to support to give relevant details. If you did not meet the rollover requirements within 14 days after the bonus reception, then it will expire.
Different types of bonus offers and promos
On betting platforms, you can find wide variety of attractive bonuses and offers to opt. But, before taking part, you must know the bonus type and how they work. For more information, check out the section below where we have listed the differenr types of betting bonuses:
Welcome Bonuses
Usually, the most generous bonuses promoted by a sportsbook are welcome bonuses, which you get after you register for the sportsbook and make your first deposit into it.
Only new users are eligible for this offer, and the bonus percentage generally depends on the amount of funds you deposit. This promotion does come with a few wagering requirements, which must be fulfilled to claim the funds.
Reload Bonus
Reload bonuses are offered for existing users who frequently make betting deposits. These bonuses come in various timelines, such as daily, weekly, or monthly.
If you deposit a certain amount daily or weekly as per the bonus terms, the relevant funds will be credited to your account. Reload bonuses are mostly credited as Free bets that can be used on sports betting events.
Risk-Free Bets
Risk-free bets mean any portion or the entirety of the amount you lost from a bet can be reclaimed. This bonus type acts as a backup income in case you lose the bet; however, the validity of these bets is less than that of others.
As it is a risk-free wager, you have the chance to bet on high probability because you know you’ll get your money back if it loses.
Match Bet
Match bet involves placing a certain stake, after which the bookmaker will match such a stake to the double. For instance, you can use Match Bet in your account to bet 1000 INR, and the site doubles your bet to 2000 INR.
If you win, that amount is credited back to you, but if you lose, then only 1000 INR will be deducted from the account. The payout percentage differs from one platform to another.
Cashback
Cashback is simple to understand and use. For any stake you wager or lose, a certain percentage is returned directly to your account. This offer provides great flexibility and reduces losses.
The cashbacks can be received as cash or free bets which can be further used for betting. And, if you meet the cashback bonus terms, you can also withdraw the funds.
No Deposit Bonus
No-deposit bonuses are credited without a deposit requirement. These bonus types are rare, but some websites occasionally offer them as free bets or welcome bonuses. And mostly, there will be no terms to claim these bonuses
Loyalty and VIP programs
Almost all sports betting companies have a loyalty or VIP club that allows players to earn extra cash by placing bets on the platform. Loyalty programs can be of different types such as a point redemption system, where you earn points for every bet made and then cash them in for a variety of prizes.
A tier system, where you level up depending on how frequently you bet or if you complete a certain bet placement target to be rewarded.
Contests, Luxury Prizes
Many of the sportsbook prizes given through contests can range from a large selection. These could include prizes such as Phones, Laptops, Cars, Bikes, Sports Tournament tickets, Cash prizes and many more.
These bonus terms differ from one another according to the betting platform. Some of them are lucky draws, weekly prize pools, reaching a few bonus points, depositing a certain amount, betting on specific sports, etc.
How do we analyse the best betting offers?
When analyzing the betting offers, here are the most important factors we look and these can help you in selecting the best bonuses:
Trust and Brand Consistency
Choose a betting site which is reputable, well-established, and reliable. Brands with long-standing experience ensure the stability of the user’s services, safe payment methods, and reasonable bonuses.
The common point of a well-established site is that you will receive your bonus without complications and delay.
Bonus Amounts and Exclusive Offers
One of the primary things to do is to choose platforms that offer fairly generous bonuses. Check the payouts they offer and make sure that they offer special promotions, such as welcome bonuses, free bets, or cash-back offers.
There are bonuses that offer more expanded possibilities when it comes to betting; however, you should never forget the site’s credibility when claiming the bonus.
Terms and Conditions
It’s very crucial to view and understand all the terms and conditions for any bonus. Some bonuses could require huge deposits and bonus conditions that are not realistic, such as wagering requirements or restricted amounts for cash out.
Some bonuses expire within limited hours, so checking the promotion validity is also crucial. While it’s common to be attracted by the higher payout bonuses, it is always important to select a site with reasonable and clear terms and conditions.
How to use Sportsbook promo codes?
Bookmakers provide promo codes or bonus codes for their registered users. These codes vary from one bonus to another. For new users, these codes are useful while registering on the platform.
For existing users, it comes in various forms depending on the betting platform. Your ultimate goal, whether as a beginner or an existing user, is to use these promo codes while making betting deposits to gain an advantage.
Here are the simple steps on how to use these promo codes effectively on a betting platform:
Access the Betting Account
If you are a new user, primarily create a betting account on a legit betting platform which is licensed and has secure payment methods for betting transactions. Whereas the existing users can access the account with your login credentials.
Verify your ID
Completing the verification process is vital to withdraw your bonus funds or bet winnings. From the “My Account” section on your profile, upload the required documents and complete the verification for smoother bonus withdrawals.
Make a deposit
To be able to bet and utilise specified promo codes, make the deposits to your new sportsbook account. This can be done in several ways using the bookmaker’s payment methods of your choice.
Use a sportsbook promo
While making the deposit, there will be a section that specifies entering the promo code if you have one. Here, you can enter the promo code offered by the bookmaker for a specific promotion.
Claim the Funds
If it is a welcome bonus, once the deposit is completed, the bonus will be credited into the account immediately. However, you must meet the promotion terms to withdraw these funds.
Conclusion
Sport betting bonuses are provided by online sports books that can be a great asset for both new and existing customers. These bonuses can enhance the betting experience and grant additional funds.
Welcome bonuses are great if you are a beginner on a betting platform. And, once you deposit and play frequently, you can level up the account to VIP where additional benefits and bonuses are accessible.
As we mentioned above, always make sure to understand the promotion and its terms to get the most advantage out of it.
We recommend participating in bonuses on trustworthy and legit bookmaker platforms. You can try various offers such as Reload, Cashback, Luxury Prizes, welcome bonuses etc.
Betting bonus FAQs
Every kind of promotion comes with its own terms and conditions concerning the aspect of the sportsbook or casino. However, to get the majority of the bonuses, you must deposit some money or bet on specific sports to reach a few loyalty points, etc.
Of all the sportsbook bonuses, it is easily apparent that most of them have expiry dates. One-time use bonuses are mostly valid from one week to 30 days, whereas the daily, weekly, and monthly bonuses are renewed after the designated time limit.
With most bonus codes, each account and each sportsbook generally allows only one code to be redeemed. However, for a few popular sports tournaments, the bookies offer a unique promo code that can be used for each deposit till the tenure of that specific tournament.
Numerous bonuses are available in the betting market and some of the popular ones include Welcome offers, Reload bonuses, Cashbacks, Free bets, Insurance promotions, Loyalty and VIP offers, Luxury prizes etc.
Sportsbook bonuses cannot be withdrawn immediately as they must meet their terms. They are credited to your account and used to wager only once and within a validity period imposed on every bonus offered.
Wagering requirements describe the conditions under which bonus credits or winnings can be cashed out. Each bonus has its own wagering requirement starting from 1x, 3x, 5x, 10x etc. You must fulfil these designated requirements to withdraw the bonus funds.