188bet Deposit Bonus Code – All Terms Explained
188bet’s premise, according to their website, is simple: “to offer you the best online entertainment experience.” While 188bet, being an Asian bookmaker, already has millions of punters in Asian markets, they’re beginning to bring more and more European users into the fold, trying to break into the league of the best online bookmakers. With that in mind, they’re a top choice for Asian handicap players. In fact, they state that their Asian Handicap theoretical hold for the Premier League, La Liga, Serie A and the Bundesliga is less than 1.5%, meaning that there’s more value in it for you.
Besides that, their football market has over 400 leagues at your disposal. Some of the more niche leagues that you can find include: Greece’s Division 2, the Italian Serie C cup, Russia’s Division 1, Croatia Cup, France’s Ligue 2, Thailand King’s Cup, Japanese League 1, Germany’s Bundesliga 2, Cyprus Cup, Romania Division 1, Denmark Division 1, Brazil Serie B, the Norway Cup, the Bulgaria Cup, Korea K League and as a plus for River Plate or Boca Juniors supporters: Argentina’s Primera División. If you’re keen on some very niche leagues, 188Bet is the bookie for you.
For in-play specialists, there are about 10,000 live matchups available to you each month. In spite of that, there are two caveats you need to be aware of: live streaming is unfortunately unavailable to European bettors and there can be a long delay for your live bets to be verified. This can be unpleasant to the punter who’s keen on having his or her wagers resolved very quickly.
In terms of regulatory matters, 188bet is a registered trademark and brand that is licensed to Annatar Limited. On the Isle of Man, 188bet has been regulated and licensed since the 18th of June 2014 by the Isle of Man Gambling Supervision Commission. In order for 188bet to be open to UK punters, it is done so by the licence obtained by Annatar Limited from the UK Gambling Commission. 188bet is also the sponsor of the Wigan Warriors and the Gloucestershire County Cricket Club, which can be sufficient evidence for fans of these clubs to open accounts on 188bet.
Below you'll find the 188bet deposit bonus terms explained in depth, but for a more detailed review of this bookmaker, read OpenOdds' 188bet review.
The 188bet bonus at a glance
New members can take advantage of the 188bet deposit bonus. Here’s how it works: once you make your first sportsbook wager on 188bet, and upon settlement you end up losing the bet, then you’ll get up to £25 back to you in the form of a free bet.
How can you get the 188bet deposit bonus credited to your account? When you sign up for your account, you enter the 188bet bonus code FREE25 and then have to send your bet188 ID number, the 188bet bonus code, and 188bet username in an email from the email address attached to your 188bet account within 14 days of registering for the bonus to be added onto your account once your qualifying bet is settled and you end up losing the bet.
Once the money is credited to your account, you’ll be able to use it on any pre-match sports of pre-race horse racing bets. But which wagers are good for the free bet? You need to make sure that your free bet is for odds of at least 1.90 on the decimal system and it needs to be wagered once within 14 days. If you don’t use it within two weeks of it being credited to your account, then you lose the money.
The 188bet bonus overview
- This is a stake not included promotion
- 1-time rollover requirement with minimum odds of 1.90
- Must be used within a 14-day period.
- Cannot be used in-play
- Use the 188bet bonus code FREE25.
- The bonus is only credited to you if you lose your qualifying bet.
- If you fund your qualifying bet using electronic wallets like Neteller or Skrill then you won’t be eligible for the bonus.
Detailed current promo code & 188bet signup bonus: the 188bet bonus explained
As the signup bonus is a 100% match refund bonus, you will only be eligible for it if you end up losing your first-ever sportsbook bet. The first step you need to take once registering for your 188bet account is that when you sign up for your account, you need to click the “Join Now” button within the promotions/specific terms and conditions page which is visible when you log into your 188bet account. After that, you need to send an email from the email address attached to your account to firstname.lastname@example.org with the following information: the applicable 188bet bonus codes, bet ID number, and your 188bet username within 14 days of your registering for your 188bet account.
After that, you need to match a pre-match or pre-race bet on any of the sportsbooks (as long as it’s not an in-play bet) as your qualifying bet. Remember that only sportsbook bets qualify. Once you place your qualifying bet, you just need to wait for it to be settled. If you win your first bet, then no bonus for you. If you lose, then the free bet will be credited to your account within 48 hours of the claim being received. There may be some extra verification involved for you to take advantage of it. Your first bet, should you lose, will be matched 100% up to £25. Once it’s on your account, you have 14 days to roll over the bonus at odds of at least 1.90 one time as a Win Single bet. After you do that, and you choose to withdraw, the stake will be deducted from the amount and the remaining money will be credited to your account.
Remember that if you choose to play with electronic wallets like Neteller or Skrill you won’t be eligible for the bonus, so it may be in your best interested to not set up that payment method until you’ve been able to capitalise on the free bonus.
188bet Deposit Bonus Explained
- Name: Up to £25 Free Bet on Sport (FREE25).
- Bonus type: Refund match bonus
- Maximum bonus amount: £25.
- Able to be cashed out: Not the bonus amount, but the winnings can be withdrawn once the rollover requirement has been met.
- Betting requirement: The free bet must be used entirely as a Win Single and must be rolled over once within a 14-day period.
- Minimum odds: 1.90.
- 188bet bonus codes needed: FREE25.
Conclusion: The review of the 188bet sign up bonus
So, here are the advantages and disadvantages of the 188bet bonus explained above. While the rollover requirements on the 188bet sign up bonus are pretty lenient, in spite of the pretty high minimum odds, there are several major caveats to this bonus. The first is the fact that you’re only eligible for the bonus if you end up losing your qualifying bet. While this is an ideal bonus for those who don’t necessarily have the best luck with placing wagers, it is a detriment to those punters who end up doing very well on the sportsbooks. Take a look at OpenOdd's Best Free Bets Offers as a point of comparison.
Another major caveat is the bureaucracy involved in getting the bonus onto your bet slip. The email with all of the specific information appears to be quite inefficient, while on other online bookmakers it’s a lot easier to just enter the promo code upon registration and the software is able to get the code tethered to your information, no emails involved. In addition, the two-week window you have to use the bet is pretty tight. If you’re a punter who’s got multiple accounts on online bookmakers, you need to be on top of your game to make sure that the bonus doesn’t slip your mind.
In spite of the complications, this certainly a good bonus for those who don’t have the best luck at the beginning on a new online book maker. And for those who like to win, perhaps you can make a riskier bet and be rewarded with your risk with a 100% bonus match from 188bet.
So there you have it, the 188bet deposit bonus terms explained.
5 expert tips for the 188bet sign up bonus
Handicap personnel moves:
Players and coaches are notorious for following the money; after all, professional sports are quite the lucrative business. If getting all of this information suits your fancy, handicapping personnel moves can really give you an edge when looking for more wagers to place. These changes can impact the results, especially in team dynamics and influencing the balance of power across all leagues.
Adjust your wagers to your bankroll:
For any punter of every stripe, the backbone of what money she or she will be able to live without in the event of a rough patch is his or her bankroll. The first thing any punter should do is to set a budget. From there, that will determine how you adjust. There’s a vital piece of prudence you need to take on when you have a bankroll of any amount: you’re never supposed to bet more than 5% of your total bankroll on one given wager. If it’s an amount of £1,00 or less, the wagers should be more conservative on just win or daily double bets. Your percentage of bankroll wagered target at this spending level should be between 2 and 4%. If you’re willing to move up to the £1,000-£2,000 range, mild-conservative bets to the conservative bets can be added to the bets you were already waging when you had a lower budget.
You can also add one more type of bet, pick 3 bets, to the win and daily doubles. Pick 3 Bets are sometimes called Multiple Win Exotics. Then £2,000-£5,000, the options that you had before expand to include on light exotics. The new bet categories that come with being able to wager on light exotics are exacta bets and trifecta bets. And then, for the big spenders that have a £5,000-£10,000 bankroll range, medium exotics can be integrated into the betting strategy, and have superfecta and pick 4 bets.
Wager at the right time:
The phrase “at the right place at the right time” seems to be ubiquitous in a multitude of situations. A lot of times, timing is key when you place a bet on the sportsbook. It doesn’t matter whether it’s live betting or for a bet-in play. While there’s no golden rule about the timing, you can get enough information for your specific sport and market to make the decision for you. You can only do this by following the odds very closely. Since the odds move and up and down just as quickly as the world changes, you want to be on your game and commit when you’ll get the best deal.
Go through trial and error, and only keep doing what helps you win:
It is advisable to figure out what betting strategies or manoeuvres work for you the old-fashioned way: by trial and error. The only way you’ll truly know what’s right for you is to see what leads you to win consistently and what doesn’t. As you go, you eliminate all of the actions that lead to bets that don’t turn out in your favour. That way, your plan of attack is personalised based on your strengths and weaknesses as a bettor. You’ve got plenty of chances to perfect your strategy on 188bet!
Bet on smaller leagues, be more profitable in the long-run:
This may seem counter intuitive considering that one of the standard betting strategies is to truly study your markets and lines in-depth. However, if you’re looking to dig a little bit deeper into the sports betting bonus world and want to go all-in to have a lot of long-term profits, then it may be worth moving away from the Premier League and La Liga and go to more secondary/tertiary tiers in South American and European football. Since it would appear that there are less punters in those markets, that means that, if you apply all of your handicapping knowledge to a new frontier, all your hard work and preparation will take you far. You’ll find very good odds, and with that, a bunch of paydays ahead.