A Closer Look at Esports Betting Bonuses

The esports industry keeps growing from strength to strength. With all indicators pointing towards a positive future, this industry has attracted massive attention from various quarters, key among them being the online betting industry.

With new casinos entering the online gaming industry and existing ones keen to cement their positions, it can be particularly tough for any punter to pick a favorite outrightly. Online bookmakers covering esports events are also aware of the competition out there.

To stand out from the crowd, esport betting sites offer a long list of promotions and incentives to attract new players and retain their client base. As a result, every player keen on getting the most from online esports betting bonuses should start by understanding what makes a good eSports bonus.

Types of Esports Bonuses

For an esport betting bonus to qualify as the best, it has to tick specific boxes. For a start, this article explores some typical bonuses available in esport betting sites. These include:

Welcome Bonuses

Also known as sign-up bonuses, welcome bonuses are among the most popular bonuses offered by eSport betting sites. These incentives are exclusively offered to new players at any site, and almost every bookmaker provides these.

Welcomes bonuses come in various shapes and forms. The matched deposit bonus is undoubtedly a staple in the eSports industry, which sees the player get a match percentage of their initial deposit. Other popular welcome bonuses offered to eSports bettors include free bets and profit boosts.

Free Bets

Free bets are usually offered as a part of the welcome bonus. However, most bookies providing the free bet typically link it to specific titles such as the League of Legends or Dota 2. Thus, free bets are usually game-specific, and bets placed outside the required game might not contribute to the wagering requirement. This offer is particularly popular among new eSports bettors like the welcome bonus.

Deposit Bonus

As the name suggests, deposit bonuses are only activated when a player loads some funds into their casino accounts. Most esports betting sites offer deposit bonuses as a match bonus. This essentially means that the amount deposited into the player's account is matched by a certain percentage up to a certain value. New players can activate these bonuses after signing up while existing ones use them as a reload bonus.

No-Deposit Bonus

Although rare, the no deposit bonuses give esports punters a chance to wager at their favorite events devoid of any monetary risk. These online esports betting bonuses are offered without any obligation to fund the account. Unlike deposit bonuses, the bonus amount is usually lower.

Cashbacks

Cashbacks bonuses are highly sought after in esports betting. This is not a typical casino bonus. Hover, it boosts the player's account qualifies to be a bonus. The chance to recover some money while on a losing streak can significantly relieve any player. It is worth noting that these bonuses run for set times in most casinos, which implies that they are not one of those everyday casino bonuses.

Accumulator Bonus

Accumulator bonuses are primarily exclusive to eSports events. Ideally, this bonus seeks to encourage players to wager on multiple events. In most cases, if a player is fortunate to make a series of correct predictions, they qualify for an extra percentage of their winning.

Best Esports Bonuses – What Makes a Good Esports Bonus?

With the variety of bonuses available to eSports bettors, any player can be tempted to grab any bonus that comes their way. However, it is always advisable to pick the best eSports bonuses and avoid wasting time on the not-so-good ones. That said, here are some qualities employed while assessing the viability of any eSport betting bonus.

Bonus Size

The best online casino bonuses are usually those that are super big. Ideally, a bonus with a high upper limit, say $3,000, is typically perceived to offer the best value. Any casino player should always pay attention to the bonus limits, along with the possibility of getting a few extras such as free bets.

Wagering Requirements

The bonus size does not always matter. Besides getting a handsome bonus amount, eSports players should also be keen to consider the wagering requirements attached to the bonus. When comparing similar bonus amounts, it is always advisable to go for the bonus offers with lower rollover requirements. For instance, a 10X requirement is better than 20X on the same amount.

Versatility

Is the bonus limited to specific esports events? Is it easy to convert funds to real cash? Such are the questions that every plater should ask when exploring different options. If a bonus appears too restrictive, it certainly does not qualify to be the best.

Ideally, the best esports can vary depending on a player's preference. As much as any bonus might sound fantastic, any bettor should always be alive to the fact that eSports betting sites are not in the business of dishing out 'free cash.' So always read the fine print before falling for any deal.