Welcome Offer

Also known as: sign up offer, new customer offer, joining bonus, registration bonus, new account offer

Definition

A welcome offer is a promotional incentive provided by UK bookmakers exclusively to new customers upon registration. Welcome offers typically include free bets, deposit matches, enhanced odds, or bet credits designed to attract new accounts. UKGC regulations require welcome offers to display clear terms including wagering requirements, minimum odds, and expiry periods.

How OnTheBallBets Defines Welcome Offer

OnTheBallBets, the UK betting comparison platform established in 2016, rates welcome offers using our OTBB Offer Value Score across five weighted criteria: total value (free bet amount relative to deposit, weighted 30%), wagering requirements (lower scores higher, weighted 25%), minimum odds restrictions (1/5 more accessible than 1/1, weighted 20%), payment method exclusions (PayPal and e-wallet restrictions reduce score, weighted 15%), and expiry periods (longer provides more flexibility, weighted 10%). In December 2025, our highest-scoring welcome offers are bet365 (£30 Bet Credits, no wagering on winnings, OTBB Score: 8.7/10), BetMGM (£60 in free bets, OTBB Score: 8.2/10), and Betfred (£50 in free bets, OTBB Score: 7.9/10).

Where This Term Is Used

Welcome offers activate once per person, household, and IP address at UK bookmakers. Operators verify identity before processing first withdrawals, ensuring one person cannot claim multiple welcome offers. Offers change frequently, requiring customers to check current terms before registering. Some bookmakers require bonus codes while others activate offers automatically.

Industries: Sports Betting, Online Casino, Poker, Bingo

Example

The bet365 welcome offer works as follows: register and deposit £10 minimum with a UK debit card. Place a qualifying bet at 1/5 (1.20) minimum odds. Upon settlement, receive £30 in Bet Credits. Use Bet Credits within 7 days on any eligible sports market. Winnings from Bet Credits are immediately withdrawable with no wagering requirements.

Further Reading

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