1bet Sports bonus and overview

As online bookmakers go, 1bet Sports is probably not the best-known brand and this is hardly a surprise since the company has only been around for less than four years. Since being established in the first half of 2011, they made giant leaps forward and they had the advantage of starting from scratch and using the latest technologies. Regulated and licensed with the authorities in Curaçao, the company is focusing almost exclusively on sports betting and it is pretty good at serving this highly competitive niche.

1bet Sportsbook offers a first deposit bonus but the amount is hardly impressive as new customers can only hope to collect €20. To make matters worse, this is not even the result of the first deposit being doubled, which is nowadays standard procedure in the world of online gambling. What actually happens is that players need to deposit five times more to have the amount matched by 20% so if you intend to add €20 to your bankroll you will have to commit €100.

By now, many prospective customers will be probably disappointed by what awaits them at 1bet Sports and tempted to look elsewhere for betting options. Instead of making a hasty decision, they should find solace in the fact that at least the amount is cashable so they will get to keep the profits and the stakes. This will only happen after the wagering requirements are met and they consist of the bonus amount being rolled over five times at odds of 1.50 or above.

If the first bet fails to win, the bookie will refund the losing stake up to €20 or currency equivalent and the cash can be used on upcoming games. The bonus is supposed to be credited to the account of eligible players in less than 72 hours after the first bet has been settled. Betting on single events demands odds of 1.50 and sadly those who enjoy racing accumulator wagers will not be allowed to pursue their plan.

This promotion has been introduced in 2012 and it remained largely unchanged, but 1bet Sports reserves the right to change it, or terminate it at any time without notifications. The free bet is not restricted to new customers, but also those who have an account here and are yet to make a deposit of €100 or above. Assuming you deposit in another currency, you will still receive the bonus you are entitled to, in your currency of choice and the transfer is made at a reasonable rate.

The bookmaker also runs a cashback promotion which has 0.2% of their losses reimbursed and those who are enrolled in this campaign will no longer be eligible for this bonus. The fact that these two promotions are mutually exclusive is frustrating on many levels, but 1bet demands players to choose one or the other. Before cashing out the profits and the stakes, the total amount needs to be played through an additional five times, this time and odds of 1.80 and void, cancel or post bets do not qualify.