What are the different betting offers?
You can find different betting offers for new and existing customers. New customers are usually offered a deposit bonus, also known as a welcome bonus. This bonus usually comes in the form of bonus money or free bets that you receive when opening your new betting account.
A typical deposit bonus will match the amount you deposit. This means that if you deposit ₹10,000, they will give you an additional ₹10,000 rupees on top, giving you ₹20,000 to play with. A good deposit bonus is really something to get excited about, but it’s important to choose the right one, and this is why we have created this guide.
Not all welcome bonuses are created equal. Even though 2 bonuses from 2 different betting sites claim that they both give you ₹10,000 in bonus, the terms and conditions of those bonuses could be different. Usually, the terms and conditions require you to wager your bonus amount a certain number of times, before it can be withdrawn from your betting account. This is known as the wagering requirement or turnover requirement.
What are Wagering Requirements?
A wagering requirement is a policy that all betting sites and online casinos have to make sure that you don’t instantly withdraw the bonus money you have been given. If every customer did that, it would be a very unsustainable business model for the betting sites, so they invented the wagering requirements.
All wagering requirements are very different. Some betting sites may have a very easy wagering requirement, others may have a very strict one. Therefore, we have made it possible for you to see the different wagering requirements for each bookmaker in the bonus list above. To get the best deposit bonus, it is best to combine the highest possible bonus, with the lowest possible wagering requirement.
When choosing a welcome bonus, always look for the lowest wagering requirements
Every wagering requirement dictates that the bonus money must be wagered a certain number of times in the sportsbook or casino. The wagering requirement can be as low as x2 or as high as x12 on betting sites. If we’re talking about online casinos, the wagering requirement is often much higher. All the way up to x40.
Most betting sites also dictate that the odds must be of a certain size in order to quality for the wagering requirement. This is known as minimum odds. Basically it means that you must find odds greater than, for example, 1.50 if you want them to qualify for the wagering requirement.
This is a measure that the betting sites have put in place to prevent players from just betting on so-called “secure odds”. Like a match where the winner is pretty much known before the game is even played. Imagine a match between Chennai Super Kings and Delhi Daredevils. Who’s gonna win that match? Chennai most likely, so the odds on Chennai will be low, and they wouldn’t qualify under the wagering requirements.
Sat Sport: One of the best in India
100% Up To ₹10,000 + 20 Free Spins
With a welcome bonus from Satsport, you get one of the best bonuses currently available in India. Satsport will match any deposit you make up to 7,500 rupees. That means if you deposit 7,500, you end up with 15,000 rupees to play for. If you wish to deposit less, that’s fine too.
You can deposit as little as 500 rupees, and still get the 100% bonus on top. The bonus from Satsport has a wagering requirement of 12, with a minimum odds of 1,60. This wagering requirement is a bit high, but some players may think this is okay, because they want to take advantage of the many games and promotions offered on Satsport.
Satsport offers lots of different sports to bet on, including football, cricket, Casino, and much more. They even have a live casino with many of the most populær casino games. If you’re looking for a welcome bonus in India, we highly encourage you to use this offer from Satsport. When opening your account, it is very important that you use the special bonus code 100MIGHTY. This will ensure that your bonus is deposited to your new account!
New promotions every week
After you’ve created an account with Satsport or another bookmaker, the bonuses will continue to come on a regular basis. Most betting sites dish out new promotions every week, or even every few days. As a customer with any of these betting sites, you will have the opportunity to take part in as many of these promotions as you desire.
A popular promotion that we often see is the “increased odds”-promotion. This is a promotion that betting sites often create right before a very important match. Imagine a T20 match between India and South Africa. Lots of people will be interested in watching this match, so the betting sites may offer increased odds on India. In some cases, you may be able to get odds 20 on an Indian victory!
Another common promotion is a free bet. Sometimes a bookmaker may offer you to bet for free up to a certain amount. This is called a free bet. It is also referred to as a risk-free bet, due to the fact that you to take no risk by using it. If you win, you get to keep your earnings. If you lose, you didn’t lose any money after all. Free bets are a great way to get some experience with betting, without putting real money on the line.
How to choose the right betting offer
At the time of this writing, most welcome bonuses in India go up to 10,000 rupees. As we mentioned before, the main difference between the bonuses are the turnover requirements. All of the betting sites we recommend here, have some very competitive turnover requirements.
The main thing you have to consider is, whether the bookmaker lives up to your needs and expectations. Do they have the games you are looking to play on, do they offer competitive odds, and so forth. If you are planning to bet on Cricket, you should probably not sign up with cricket, because they don’t offer Cricket. However, if you are looking for great odds on tennis, then Satsport might be just the place for you.
How to use a betting bonus in India
Using a betting bonus is straightforward. All you have to do is decide which bookmaker you want to go with, click on the green “Claim”-button, and you will be redirected to a page where you can create an account. In some cases, you have to put in a bonus code, in other cases, the bonus will be deposited directly to your account.
After signing up, you will need to transfer some money to your new betting account. Transferring money can be done in a number of ways. You can either make a bank transfer, which is slow and costly, or you can use one of the eWallets that are accepted by the betting sites.
Most betting sites accept payment from both Paytm and Phonepay. which is fast, reliable and cheap. If you have the chance to use any of these eWallets, we highly recommend doing that.
Here at Exchange Market, We always recommend the betting sites that allow you to deposit Indian rupees into your account. We do that for a number of reasons. First of all, it helps you save money, by not having to exchange the money into euros, pounds or dollars and paying exploitative exchange rates. Secondly, it shows that the bookmaker values Indian customers, by offering to accept Indian rupees.
We wish you good luck in finding the best betting offer, and please do not hesitate to contact us if you have any further questions.
Frequently asked questions about betting offers
Is it possible to use a betting bonus in India?
Yes, it is absolutely possible to use a betting bonus in India. All the betting sites listed here in Exchmarket.com accept Indian players, and all of them will give you a welcome bonus when signing up for an account.
How do you obtain a betting bonus?
All you have to do is use one of the green “Claim”-buttons, And you will automatically have your bonus deposited when you register a new account.
Which bookmaker offers the best bonus?
The bonuses offered by the different betting sites are very similar in nature. All of them offer to match your deposit up to a certain amount, Typically around 10,000 rupees. Therefore, It is much more important that you choose the bookmaker based on what games and odds they offer their players. You can find out more by reading our different bookmaker reviews.