Tipbet Bonus Code 2020 – All Terms Explained
Last updated & tested: 2020-01-11
Tipbet is a Malta-based company which was first formed in 1995 offering bets in bricks and mortar bookmakers for over 20 years. Since its creation the brand has invested heavily in online betting and offers odds on a wide range of sport and live betting events such as football, tennis and ice hockey as well as more unusual options such as beach volleyball. In 2014 the company expanded to offer esports betting on their site and they have performed well at most betting odds comparison websites. This alongside casino games and virtual betting makes up the bulk of the offering on site. Tipbet are licensed by the Malta Gaming Authority who regulate the betting industry in the country.
The business has numerous sponsorship deals including links to the Bundesliga team SV Werder Bremen and Malta-based Gzira United FC as well as being the official betting partner for Bayer Leverkusen.
Read on where you’ll find the Tipbet bonus terms explained in detail as well as find some tips for making the most of your bets. Don’t forget to check our main Tipbet review to see what this sportsbook is all about.
Tipbet Bonus details:
Tipbet deposit bonus:All terms and conditions explained
Tipbet deposit bonus terms explainedNewcomers to the site can choose between two welcome bonuses depending on their needs and preference. These bonuses offer 100% or 200% bonus on your first deposit. They’re pretty straightforward deals for beginners, but be sure to read through our in-depth Tipbet sign up bonus guide carefully to reap the rewards.
How to claim the Tipbet bonus:
- Choose 100% welcome bonus up to €100
- Choose 200% welcome bonus up to €200
- No Tipbet bonus code required
- Minimum deposit is €10
- For new customers only
- Turnover requirements apply
- Minimum odds required for valid bet
First deposit:Making your first deposit with Tipbet
Before you add any cash to your Tipbet account it is important to know some facts about the deposit process to help you judge if the bookmaker is right for you. Signing up on site is simple, just click the ‘register’ button and this will take you to an online form where you fill in basic personal details such as your name, address and date of birth. The latter is used for age verification checks. If you struggle to fill in the form, or you have a question you’ll find the live chat facility at the bottom of the page. Once signed up you can then add funds. There are lots of payment methods available on the site, and these include debit and credit card, Paysafecard, Skrill, Neteller, EcoPayz, GiroPay and Sofort Banking for deposits and bank transfer, VISA or Mastercard, Skrill, Neteller or Ecopayz for withdrawals. Deposit and withdrawal methods are usually instantaneous with the exception of bank transfers that can take 3-7 days to process.
Current Tipbet Promo code & signup bonus:Requirements for activation
One of the nice things about the bonus offered at Tipbet is that you don’t have to remember a bonus code to get the bonus. You simply sign up and choose the offer that is best for you. For all of the terms and conditions, read on to have the whole Tipbet bonus explained.
It’s pretty simple to get your Tipbet sign up bonus. Simply open your Tipbet account by filling in the registration form and select which offer is best for you. The bonus is awarded to you when you make your first deposit.
There are two bonuses available, one gives you 100% of your initial deposit free up to the value of €100, giving you a potential €200 to play with.
The other Tipbet deposit bonus awards you 200% of your first deposit up to the value of €50, meaning you can come out of the deal with a total kitty of €75.
Which bonus you choose will very much be dictated by your initial deposit. If you are considering a small deposit of €10 for example, choosing the second offer will be better for you as you will come away with €30 in your account as opposed to €20 using the first offer. Anything over €50 for your initial deposit will make the first bonus a better option for you.
There are terms and conditions attached to using your Tote deposit bonuses, and these differ depending on the option you choose. Each bonus has their own turnover requirements before you can bank any profits from the bonus. The 100% Tipbet bonus and the initial deposit has to be turned over a minimum of five times on sports bets or live betting before you can request a withdrawal. The 200% Tipbet welcome bonus has higher turnover requirements. To withdraw profits you need to turnover your initial deposit and the bonus amount 12 times before the profits are yours.
Bonus terms and conditions for the Tipbet bonus code
- Name: "100% first deposit bonus".
- Bonus type: New customer bonus for first deposits.
- Maximum bonus amount: €200.
- Able to be cashed out: Yes.
- Betting requirement:
- Minimum odds: over 1.0.
- Bonus code: no tipbet bonus code needed
Our Verdict of Tipbet:The review of the Tipbet bonus
Other bonuses: Any other options?
As well as the cracking welcome bonus available on site there is also a rather generous Super Combi Bonus to take advantage of. This is an interesting prospect that sees you coming away with more cash than you would usually pocket if you win your bet. There is also no Tipbet bonus code required.
The bonus works like this: Combine a minimum of four bets with odds of 1.5 for sport (five bets if your selection includes live betting); the bonus offered works on a sliding scale. The more events added to the combined bet, the higher the bonus given if you win.
Other than the terms and conditions mentioned above, the bonus has no other betting requirements, so as long as your bets are over the relevant odds you’re good to go. Terms and conditions apply on this bonus, and we assumed that a betting requirement will need to be met to withdraw your bonus winnings but sadly this page on the website is displaying an error. We contacted Customer Support for you guys who pointed out that the bonus is yours straight away, no wagering requirements and the funds can be withdrawn at any time! Amazing stuff, right?
We guess the only thing to answer is will you go for a smaller amount of bets with a smaller potential return or go all for broke with a 20 leg bet for maximum bonus?
Reviewing the Tipbet bonus: No Tipbet bonus codes required
It’s nice to see a welcome bonus with so few terms and conditions attached. Often there are so many stipulations applied to bonuses that wading through small print and Ts & Cs take all the fun out of what should be an enjoyable pastime, but with Tipbet this is not the case. The deposit bonus comes without having to input Tipbet bonus codes to avoid typos and wagering requirements are clearly displayed, and importantly, are fair for the amount of money offered. The bonus is up there with many larger bookmakers offerings when it comes to value for money, and with less red tape too!
There are also some great other bonus options on site for you to go for, which makes Tipbet one to watch in the future. We’re a huge fan of the Super Combi Bonus which boosts any winnings you may collect along the way. The one downside of this is that the high bonuses require you to bet on a huge amount of legs to reap a decent return and we all know that the more bets placed in an accumulator, the harder the easier they are to fall at the first hurdle (pun intended). Still, reasonable bets of around 6-7 fixtures/bets can net you up to 10% extra on your bets. Pick some decent odds and this can still equate to thousands if you’re lucky.
5 Expert tips for the Tipbet Bonus
No-one should start off their betting journey without at least thinking about what strategy they are going to employ when placing wagers. Here are a few tips and betting strategies to get you started on your journey and (hopefully) maximise your cash.
1. Research…a lot!
There are two camps when it comes to free bets. There is the ‘I have free money so will spend it on something I don’t usually’ group and the ‘I’ll stick to what I know and hope I win’ group. In our Openodds humble opinion we’d recommend the latter group. Yes, we know that’s boring but we know how to have fun, honest!
Think of it this way – if you were cramming for an exam you’d be sure to revise first so you know that when you turn the paper over you could answer the questions. If you were sitting behind the steering wheel for the first time it would help if you knew how to drive, etc. The same can be said for betting. If you don’t know what market you are betting on then you can’t realistically go in with a clear head and make sensible bets to increase your bank roll. This sadly means that you’re going to have to check out horses or football teams or any other entity you’d like to bet on before you place your bets, even if they are given to you freely. Scour results pages, check out the competition and maybe even the event itself. In horse racing for example, weights and ages of the horse, the condition of the ground and who is riding all come into play, so understanding how these can effect the outcome of a bet is important to increase your revenue.
2. Monitor your betting patterns
OK, this follows on from the last one, but finding a method of recording the bets you’ve made is essential when it comes to research. This might be in the form of a spreadsheet or even good old-fashioned pen and paper. By having the results in front of you, you should be able to identify any traits or win and loss trends that seem to crop up again and again and this should form the backbone of any betting choices you make in the future. Be meticulous in your records to bring the best results and don’t be afraid to adapt your betting strategies to your bankroll to keep your losses in check.
3. Exercise caution with free bets
If you’re a regular user of a betting site you’re bound to get free bets offered to you from time to time. This might be via email or through your account directly. Some bookies are even contacting customers using SMS to tempt them to place a wager. The key here is picking those free bets that will be useful to you and increase the kitty that you will be playing with. Don’t be tempted to take a free bet just because it’s there if it’s on a market you know nothing about. You can imagine how that will end.
Check out the terms and conditions associated with free bets. Sometimes the effort and money expended to get your free bet can be huge, making what seemed on paper to be a good deal something that ends up costing you money.
Take for example a free bet offer we saw recently on of the classic ‘Bet €20, get €50 back’ deals. It looks great on the surface, but take a look at the terms and conditions and you’ll notice the deal comes with a few catches. Placing the deposit was simple enough. It had to be done by credit or debit card. But after that the €50 returned to you was staggered.
Our initial €20 had to be bet deposited and spent before any funds were given to us. The €50 was given in €10 increments on a weekly basis for five weeks. However, while the first €20 could be spent on anything, the €10 was for casino games. Not our usual cup of tea, as we’re more into sports betting.
Furthermore, each €10 that was given had to be played through 15x on the casino games before any winnings were rewarded to us. That means we’d have to clear €150 of profit before we can cash out even our first tenner. Every week for five weeks. And the kicker? We could only bet on casino games with odds of at least 2.5 for it to count, so no blackjack, no roulette or other easier games.
The odds were stacked almost impossibly in the houses’ favour, and would have cost us €20 if we were just playing in the hope of getting a free €50. An extreme circumstance, we know, but one that happens regularly enough to catch out casual players – so watch out for it!