Betting Sites Promotions & Betting Offers in the Philippines
There aren’t many legal bookmakers in the Philippines yet, but you can find some good sports betting sites promotions here too. How do you choose the best betting offer? Read our review and you’ll find out. You may not have to choose, because there aren’t many bonuses – so why not try them all? On this page, the Match.Center team of experts explain how to use the most popular promotions of the Philippine bookmakers, describe in detail all companies that offer bonuses to their customers and answer frequently asked questions.
Betting Sites Promos List
Types of Sport Betting Bonuses in the Philippines
Bookmakers offer many types of bonuses: betting sign up offers, bonuses for existing customers and others. We start our bonus research by clarifying two parameters.
Who can get bonuses:
- Sign up offers for new customers;
- Bonuses for those who already have an account.
How the bonus is awarded:
- Free bets
- Cash bonuses
- Loyalty Points
- Enhanced odds and other special conditions
In this section, we take an in-depth look at each type of bonus you may find on the Philippine online sports betting sites and explain all the terms and conditions.
Welcome offer
This is the general name for the sign up offers a bookmaker provides to new customers. Occasionally they are given just for registering, but more often for the first deposit or first bet, which may have certain eligibility requirements. A Welcome bonus can be awarded in Free bets or cash.
Security deposit bonus
Security deposit is a recommendation of the PAGCOR regulatory. According to them, the bettor must have an irreducible account balance of 1000 PHP in the first 30 days after making a deposit. Since it is a recommendation and not a strict requirement, the bookmaker does not freeze the account itself. But it does offer bonuses to those bettors who can fulfil the requirement. If the balance drops below 1000 PHP during those 30 days, the punter won’t get the bonus.
No deposit bonus
A very rare type of bonus, as it is more satisfying for a bettor rather than a bookmaker. The main purpose of bonuses is to encourage punters to make deposits and bets. That’s why no deposit bonuses are rarely offered by bookmakers. Usually it is a Free bet of a very small size. To get it, a customer simply has to register on a sports betting site.
Free bets
A Free bet is a bet that a client can place at the bookmaker’s expense and, if successful, make a profit: the winnings excluding the amount of the Free bet. If you get a Free bet, you cannot withdraw it, you can only place this Free bet under the terms and conditions of the promotion: sometimes it is a bet on certain sports or with a specified minimum odds.
Several Free bet offers can be provided within one promotion. For example, if the total amount of the bonus is 50 PHP, the bettor gets 5×10 PHP Free bets.
Risk-free bets
Risk-free bets are refunded to the client in case the bet is lost, usually in the form of a Free bet.
The terms and conditions of the risk-free bets may be very simple (“Bet on this tennis match and if you lose, we will refund your bet”) or include several conditions (“Bet on a goal of a forward from team A and if a game ends 0-0, we will refund your bet”).
Cash Bonus
Cash bonus is a bonus that a bettor does not get in Free bets, but in cash, as the name implies. But you can’t withdraw this money straight away, you have to wager it first. Wagering is placing bets for a given amount. It can be a single wager (100% of the bonus amount) or a multiple wager – for example, 3 times the bonus amount. This proportion is called the wager and is denoted as follows: x3, x6, x10.
A x10 wager is a lot and it’s hard to fulfil these requirements. For a notional 1000 bonus money you have to bet 10000 PHP. We consider a wager less than x10 to be conditionally good. You have to look at the other terms and conditions, but as a rule, such a bonus is quite realistic.
For more details about wagering, please check out the “Bonus wagering” section below.
Enhanced odds
This is a promotion that applies to specific matches, tournaments or sports chosen by a bookmaker. Everyone can take part in the promotion. The betting company set enhanced odds for the selected events.
For example, a bookmaker may raise the odds for a basketball match. Please note that the enhanced odds usually do not apply to all markets of the match, but only to some of them.
Cashback
Cashback is a refund of a portion of the money placed. The option can be applied to an individual bet or to all the money placed over a certain period. For example, the bookmaker may offer a refund of part of the amount placed in a week.
Loyalty programme
Customers who bet regularly receive bonuses for doing so when a bookmaker runs a loyalty programme. For example, place 5 bets in a week and get a Free bet or loyalty points. Free bets can be placed immediately and loyalty points can be exchanged for Free bets or other gifts: prizes or increased cashback.
Comps bonus
This is a bonus provided to existing customers for no reason or for a special occasion. For example, for a birthday. They are usually awarded to casino customers. But sportsbooks also offer Free bets or money.
Refer a friend
Many bookmakers have referral programmes. The rules are similar. An existing client has to give a potential new client his referral link. If the new customer registers using it, makes a deposit and starts betting, the owner of the link gets a certain amount of money.
Betting Bonus: How to Choose
Any bonus can bring some benefit, but the difference between them is substantial. Some are bigger than others, some are easier to wager while others are almost impossible. Let us tell you what parameters you should pay attention to in order to choose the best bonuses.
Nominal amount
This is the amount of bonus you can get, but you do not necessarily get. Usually the promo specifies the maximum bonus.
For example, “Get a 100% bonus on your first deposit up to 5000 PHP” This means that you will never get more than 5000, even if you deposit 10000. And if you deposit 1000, then the bonus will be 1000.
The nominal amount won’t give you a full idea of how beneficial the promotion is. If it’s a cash bonus, you’ll probably have to wager it, and possibly multiple times. While you’re wagering the bonus, there’s a risk of losing a lot more than a single deposit. You should therefore read the terms and conditions of the promotion carefully.
Wagering
The wagering comes second only because the size of the bonus always draws attention. But it is the wagering conditions that are the most important parameter when choosing a bonus. We have devoted a separate section about wagering below. Here, let’s make it short: wagering is the amount of money you have to bet in order to actually receive the bonus. If you don’t meet the wagering requirements, the bonus will remain in a separate account and will be cancelled when the promotion expires.
For promotions with enhanced odds or loyalty programmes these terms and conditions don’t apply: you just bet and get something. Free bets don’t need to be wagered multiple times – all you have to do is place a free bet. Cash bonuses need to be wagered almost always.
Don’t look at sportsbook bonuses where the wager exceeds x10, it’s almost impossible to get them.
Minimum deposit
Bookmakers most often offer new customers a first deposit bonus. How easy it will be for you to get into the betting process depends on the minimum amount of this deposit.
We recommend that you only deposit money into your betting account that you can afford to spend on entertainment. It shouldn’t be an amount that you will regret losing.
Most bookmakers allow bettors to make small deposits which are enough for bonuses. Choose the optimal amount to deposit, taking into account how much bonus money you can get.
For example, a bookmaker allows you to make a deposit from 1000 PHP. The maximum bonus is 100% of the deposit, up to 5000 PHP. If you can afford to deposit 2500 PHP, you will get the same bonus – 2500 PHP. And if you plan to lose no more than 500 PHP, we do not recommend leaving your comfort zone in pursuit of a bonus and depositing an amount twice as high.
Bonus usage period
If you do not start sports betting immediately after registering, you may not be able to meet the bonus qualifying requirements. Most promotions are valid from 7 to 30 days. It is important to know when the countdown starts: when you register, make a deposit or receive a Free bet.
The period must be related to the requirements of the bonus. If you just need to place one bet, then 7 days is sufficient. But if a bookmaker is asking you to wager a 5x cash bonus, it’s difficult to do it in a week. You’ll probably have to bet a lot and often, and on events you’re not very good at. With this kind of bonus, you may lose rather than earn.
Percentage of a bet or a deposit
A bonus of 100% of your first deposit or first bet can be called a classic bonus. Many online sports betting sites offer exactly that much, but it is not necessarily.
Sometimes a bookmaker may try to surprise everyone and give, for example, 150% or 200% of the deposit. Or on the contrary, they might be quite modest and offer only 50%. This is a significant criterion, but not the only one. As a rule, the bigger the proportion, the harder it is to actually get that money.
You have to decide for yourself what is more exciting: taking a bigger risk for a bigger profit, or getting a small win, but with a high probability.
Example with a free bet: the bookmaker gives 200% of your first deposit as a Free bet, but you have to place it strictly on an accumulator of 3 events, each event must have minimum odds of 1.50. Let’s calculate the accumulated odds: 1.50 X 1.50 X 1.50 = 3.375. This will be the minimum odds of our accumulator. The higher the odds, the lower the probability. Statistically, such a bet will lose in 3 out of 4 cases, so you won’t get the bonus in most cases.And the other bookmaker gives only 50% of the deposit as a Free bet, but you can bet it on any single market with minimum odds of 1.50. By finding this exact bet, we will win about 2 times out of 3.
Example with a cash bonus: one bookmaker has a 100% deposit cash bonus, which needs to be wagered three times, and another bookmaker has a 50% deposit cash bonus, but it only needs to be wagered once. In the second case, once you bet the deposited amount, you already get the bonus, even if all of your bets are lost. And in the case of triple wagering, you have to win and then wager that money again.
Odds on qualifying bets
Often you have to meet the qualifying requirements to get the bonus. For example, you must place your first bet. This is called a qualifying bet. For qualifying bets, the bookmakers almost always set min odds. If you place a safe bet with odds lower than that, you will not get the bonus. The lower the odds, the easier it is to get the bonus.
Example: Bookmaker A and Bookmaker B offer a Free bet of 100% of your deposit. At the first one you have to place this Free bet on an event with minimum odds of 2, and at the second one you have to place a bet at odds of 1.50 or greater. Yes, by winning at odds of 2 you will get more. But in the second case too, there’s nothing stopping you from betting the same 2 or 3.50, whatever you like. And if you want to increase your chances of getting the bonus, a bet at odds of 1.50 will more likely win than a bet at odds of 2. The second Free bet leaves more options to choose from, and is therefore better.
Available sports
Not every bonus can be wagered on every event. Often the bookmaker requires betting on certain sports or tournaments. If bookmaker A provides a Free bet for betting on any sporting event, and bookmaker B only for betting on football, you will be restricted in the latter case. Let’s say you play basketball and think football is boring and you’ve never been interested in it. The chances of winning the football Free bet will be lower.
Types of bets for wagering
The bookmaker may only require you to place a Free bet on an accumulator containing a certain number of events. For example, 3 or 5.
If this is not the case, you can place both single and multiple bets.
Sometimes the opposite happens: when the bonus is only valid for single bets.
This is less common: bookmakers are usually happy when clients bet on accumulators, because the margin for such bets is higher and the chances of winning are lower.
Bookmaker reputation
We only consider bonuses from legal companies with local licenses. This license must be issued by the state regulator, which supervises bookmakers. So you will be protected from fraudulent activities and you can go to court if necessary.
It has nothing to do with bonuses specifically, but we always pay attention to this when selecting bookmakers.
Betting Bonus: How Do I Get One?
Let’s find out more about how to get the bonus.
Read the terms and conditions of the bonuses
Check out the bonus betting offers from different bookmakers and read the terms and conditions. You have to evaluate:
- How much the bookmaker offers;
- Whether it is possible to wager it;
- How much you have to deposit and bet to get the bonus;
- What are the requirements for the Free bet offers (will it be easy or difficult to win);
- How much time the bookmaker gives you to meet all the requirements;
These are the most important parameters for choosing bookmaker sign up offers. We have described the full list in the section above.
Multiple accounts with different bookmakers is a good idea. Not only are there more bonuses, but you can also choose the best odds for any sporting event.
There aren’t many betting sites in the Philippines, and you might as well collect bonuses from all of them. If making deposits at each sports betting site is expensive, then move on to the following points.
Choose a bookmaker
To choose a sports betting site, you usually do not need to deposit money or even create an account. Unregistered users can evaluate the sports betting offer, compare odds and read the terms and conditions of bonus promotions.
Sign up
Sometimes a bookmaker has several sign up offers to choose from, in which case it’s important to check them out before you open an account. Often you will have to specify your chosen Welcome bonus to the bookmaker when you fill in the sign-up form. Once you’ve registered, you need to confirm your identity – and done, you can get the Welcome bonus.
Make a deposit
No deposit bonus is one of the rarest promotions. Most bonuses are only available after a deposit.
Before making a deposit, check the list of available payment and withdrawal methods. Often bookmakers only allow you to withdraw money in the same way you deposited it. And there may be fewer methods of withdrawal available. This means that not every deposit will be easy to withdraw.
When you make a deposit, you can claim a sign up offer or bonuses for existing customers.
Free Bets: What To Look Out For When Choosing An Offer
What is a Free bet
A Free bet is a bet that a client can place at the bookmaker’s expense. The betting site provides it as part of promotions to attract new customers or to maintain the loyalty of existing customers.
How to get a Free bet
To get a Free bet, you need to meet the conditions of the promotion. For example, make a deposit, place your first bet or bet regularly on a certain sport.
The received Free bet offers are displayed separately from the money in your account and cannot be withdrawn. It must be placed.
Free bet requirements
Sometimes Free bet offers can be placed on anything and in any way you like, but there are often restrictions:
- Minimum odds for a bet;
- Sports or tournaments you can bet on.
Is it possible to withdraw the winnings?
Unlike the cash bonus, there is no need to wager your winnings from the Free bet. If you placed a Free bet and won, you can withdraw your winnings.
Expiry date of a free bet
Free bet offers have an expiry date. This can be any period determined by the bookmaker. The most common terms and conditions are 7 or 30 days from the date of receipt, but it can also be different.
Bets Offers: Bonus Wagering
What is bonus wagering
Wagering is placing bets on a certain amount of money. How much is determined by the bookmaker. This figure depends on the size of your deposit. If you have to wager the deposit amount, it’s a wager of x1. For three deposits – x3, for five – x5.
Casino bonuses have a wager of up to x40, but anything above x10 is difficult to wager in sports betting. We recommend that you ignore bonuses with such huge wagers.
Which bonuses require wagering
The most common wager is for a cash bonus. With Free bets, usually you just have to place a bet and take your winnings if the bet is successful. Some particularly greedy betting sites set wagering requirements for Free bets as well, but a small one, such as x1. Nevertheless, this is outrageous in any case.
Are bonuses with wager beneficial
It depends solely on the wagering requirements. Imagine: you deposited 1000 PHP, received the same bonus, and you need to wager it five times. In that case you need to wager a total of 5000 PHP. If your bets win, the wagering will work itself out. But if you lose more than 60% of your bets, your deposit will end before you wager the bonus.
And it’s a typical situation: there’s “just a little bit more” left, and you have to make another deposit to get a bonus on the first deposit that you’ve already lost. Unpleasant, if you think about it.
In our experience, it’s extremely difficult to wager bonuses with x10 or higher.
What is the best way to wager the bonus
If wagering the bonus exceeds the amount of your bankroll, the best tactic is simply to place bets that you think are correct. By focusing on the bonus, you might start betting wrongly, more than you are used to or neglecting analysis. Then you will lose more.
Look at it in this way: wisely placed bets will increase your bankroll, and you will not be disappointed anyway, even if you don’t manage to wager the bonus in time. And if you do, it will be a nice addition.
FAQ
What is the best way to use online betting bonuses?
A bonus can compensate for one bad bet, but no more than that. The main thing is to bet wisely. You should not adjust your betting pattern specifically to the promotion. In that case, you will lose money or nerves, or both. While making value bets, you’ll enjoy an intellectual competition with the bookmaker in any case. The bonus will be a pleasant addition.
Where can I find the latest online betting promotions?
The current promotions are available on the betting site, usually on a separate page. There you will find out the size of the bonus, its form and wagering requirements.
What is risk-free betting?
The bookmakers call it risk-free. But in reality, even with this promotion, you can lose. You just have two chances to win instead of one.
Here’s how a risk-free bet works. If your bet loses, the bookmaker refunds all of your money in the form of a Free bet. You can place this Free bet – and if you win, you get some or all of your first bet back. But if you lose, that’s it, there’s no third chance.
Do all bookmakers offer bonuses?
Almost all betting sites offer bonuses. Some have a lot of them, some 1-2, but there is almost always something. In the Philippines, three bookmakers offer 4 or 5 bonuses each.
Are there any odds limitations for sports betting bonuses?
Yes, the most common restriction is called min odds. This means that only a bet with odds greater than min odds qualifies for the bonus. Or that the Free bet can only be used for betting on a market with odds greater than min odds.
How often can I get bonuses?
Welcome bonus is only available to new customers once. Bonuses for existing customers can be obtained many times, as long as the conditions imply this. For example, a “weekly cashback” can indeed be received every week.