What is a deposit bonus?
A deposit bonus is a type of welcome bonus that new players can claim when joining a betting site.
Obtaining a deposit bonus on a betting site is easy and anyone can do it!
Did you know? A deposit bonus is the most common type of welcome bonus, and most betting sites in India offer some type of deposit bonus.
To claim a deposit bonus, the only thing you have to do is create a new account on a betting site and deposit some money.
Deposit bonuses are free – So there’s no reason not to use one!
DEPOSIT BONUS FAQ
How do I claim a deposit bonus?
Claiming a deposit bonus is really simple!
The first thing you need to do is decide which deposit bonus you want: we have included a list of the best deposit bonuses here.
Then click on the green Claim button to select your deposit bonus.
Next, create an account on the corresponding betting site and make your first deposit.
Congratulations – the deposit bonus will now automatically be credited to your new betting account!
Does it cost money to use a deposit bonus?
No, deposit bonuses are free to use!
In order to claim a deposit bonus, you need to make a deposit on the betting site. That’s why it’s called a deposit bonus.
However, the money you deposit can be withdrawn any time you want. The money is not locked. It still belongs to you.
Therefore, deposit bonuses are essentially free to use!
What can I use my deposit bonus on?
You are the master of your own bonus, and you decide exactly what you want to use it on!
A betting deposit bonus can typically be used on all events in the sportsbook.
Some deposit bonuses can also be used to play casino games.
Example: the deposit bonus from Melbet can be used in the sportsbook as well as the online casino.
Can I withdraw my deposit bonus?
Yes, but only after fulfilling certain conditions known as wagering requirements.
The wagering requirements are different for each deposit bonus.
Usually, you will be required to wager the deposit bonus a certain number of times. When that is done, you are free to withdraw your bonus money!
Betway Deposit Bonus
Best Deposit Bonus in India
According to our research, Betway offers one of the best deposit bonuses in India.
Here are some of the benefits of the Betway deposit bonus:
- All qualified players from India can claim the bonus
- The bonus gives you up to Rs. 8,000 in bonus money
- The minimum deposit is just Rs. 200
Note: The wagering requirement of this deposit bonus is x8.
To claim the deposit bonus, all you have to do is create an account on Betway and make a deposit. This can be done using Online Bank Transfer or even with UPI!
DEPOSIT BONUS WAGERING REQUIREMENTS
Most deposit bonuses have a wagering requirement.
This basically means you need to wager your bonus money a certain number of times before you are able to withdraw the bonus money.
Wagering requirements must be completed before you can withdraw your deposit bonus money!
Wagering requirements are put in place to prevent players from claiming a deposit bonus and then withdrawing it right away.
Some deposit bonuses have low wagering requirements, while other deposit bonuses have higher wagering requirements.
If you intend to withdraw your welcome bonus, you should also try to look for a deposit bonus with the lowest possible wagering requirement.
Bet365 Deposit Bonus
Deposit bonus with low wagering requirements
Although the Bet365 deposit bonus is relatively small, it’s big enough for most players and it has some of the most reasonable wagering requirements of any welcome bonus in India.
The Bet365 deposit bonus gives you up to Rs. 2,000 in Bet Credits when you make your first deposit!
These bet credits are added to your account when you deposit money on Bet365, and released when you place qualifying bets of the same amount on Bet365.
Bet365 deposit bonus wagering requirements
Any money you win with your bet credits only need to be wagered 3 times at odds 1.20 or higher. You even have a total of 30 days to complete this wagering requirement.
This is a very reasonable wagering requirement compared to other deposit bonuses in India.
HOW DOES A DEPOSIT BONUS WORK?
Not sure how a deposit bonus works? Let us explain!
With a deposit bonus, you will receive a bonus that varies depending on how much money you deposit.When using a deposit bonus, the more money you deposit, the higher the bonus you will receive!
Most betting sites give a 100% deposit bonus.
This means that whatever you deposit, the betting site will reward you with a 100% bonus on top – effectively doubling your first deposit!
Example: Deposit Rs. 1,000 and the betting site will give you an additional Rs. 1,000, leaving you with a total of Rs. 2,000 to play with.
WHAT IS A NO DEPOSIT BONUS?
A No Deposit Bonus is exactly what the name implies: a bonus that is given without any prior deposit from the player.
With a No Deposit Bonus, you get rewarded as soon as you create an account.
Although this may sound great, in reality, No Deposit Bonuses are very rare. We don’t know any betting sites that are currently giving away No Deposit Bonuses.
Claim a deposit bonus and start betting today
Regular deposit bonuses give the best value for money.
If you’re looking to start betting online, we highly recommend that you make use of a deposit bonus.
Here is a list of the best deposit bonuses in India. Choose one and start betting today!