Top 10 Welcome Bonus India – Best Sites 2023 

Also referred to as sign-up bonuses, welcome bonuses are critical to a great first-time user experience when getting started on a betting site. These deals give you a little extra money to use in betting, which increases your chances of winning. However, they are only available once per customer, come in different forms, and have varied qualification requirements. This post covers all you need to know about welcome bonuses.

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Types of Welcome Bonuses

Welcome bonuses may come in three forms: the first deposit, cashback, and free bet offers. Let’s take a closer look:

First Deposit Welcome Bonus

This promotion is by far the most popular type of sign-up offer. As the name suggests, you get a bonus on your first deposit, often calculated as a percentage up to a certain amount. Once you sign up with the bookmaker and deposit some money into your account for the first time, you are given the bonus as a percentage of this initial deposit, which you can use to stake under specific terms and conditions.

For example, when signing up on a site such as Betrophy, which offers a 100% first deposit bonus, depositing 500 INR means you get an additional 500 INR to use in betting. You will be starting your betting journey with 1,000 INR in your account.

Cashback Bonus

Also called a Refunded bonus, this is a popular welcome offer where the bookie refunds your first bet if you don’t win. This offer, too, is expressed as a percentage of the amount you stake, usually 100%. Additionally, it is often limited to a particular amount.

Mobile Fun88_1

This bonus allows new users to wager risk-free, considering the amount they stake will be back in their account if they don’t win. A good example is Betway, which offers its new users a 100% matched cashback of up to ₹4,000 if their first bet loses.

Free Bet Bonus

Although less popular than the others in this list, free bet bonuses are sometimes available. They are also called no-deposit bonuses because users don’t have to make any deposit or stake to be eligible. You only have to sign up to immediately get a small amount of money in your account, which you can use to stake.

However, such bonuses often come with steep rollover conditions. They are also mostly only available for casino sections such as slots.

Navigating Welcome Bonus Ts & Cs: How to Identify the Best Welcome Bonuses

Although welcome bonuses look similar at first glance, the rules vary significantly when you look closer. Here are vital considerations to help you get the most value for your money.

One User, One Account, One Welcome Bonus Restriction

Most betting sites, including all mentioned in this post, do not allow punters to open multiple accounts. This means you cannot redeem your welcome offer more than once.

Some will even go so far as to restrict account opening according to IP address, which means another individual from your household may have difficulty opening an account with the same bookie after you. If this happens, consider contacting the betting site to set the record straight and verify that the second account belongs to a different user.






Acceptable Betting Markets

A betting market refers to the bet you make in a particular event. Examples of betting markets are handicaps, accumulators, outright, etc. This term is also often used to refer to the tournaments and matches available for betting.

When selecting a welcome bonus, you want one that gives you the most freedom to choose the betting markets you feel confident about. For example, 22Bet’s welcome bonus is valid for live and pre-match markets, which is not so bad. A pre-match market can be any game coming soon, while live markets are ongoing matches. This implies you can bet on any listed competitions if the event meets other qualifications.

Minimum Odds

So far, all welcome bonuses we have encountered have a minimum odds restriction. Placing your first wager on any events with odds outside these limits automatically disqualifies you from the welcome bonus.

For example, Fun88 mentions a minimum of 1.6, while 22Bet caps it at 1.4. This means you’ll be all right with either if you want your first stake to go to an event with odds of 1.6, 1.65, 1.7, 1.75, etc. However, if you prefer events with something like 1.45, you wouldn’t qualify for Fun88’s promotion, but 22Bet would be a perfect fit.

Roll Over Requirements

Also called turnover or wagering requirements and expressed as 5x, 20x, etc., these figures show how many times over the bonus or initial deposit amount you have to bet any winnings before you can withdraw the final amount left in your account.

Bonus Fun88

This is often where things get tricky. Using Betway as an example, you must wager 6x the bonus amount before withdrawing your winnings. Assuming you went for the entire ₹4,000 bonus, you would have to stake another ₹24,000 before withdrawing your winnings.

The rollover is fine if you win more than the minimum amount required because you can withdraw your winnings from your account. Still, even if you don’t get lucky enough to cash out a significant amount in actual cash, you will enjoy using the bonus to place additional bets instead of having one at all.

How the Free Bets are Broken Down

Sometimes you may be told that the welcome offer is issued in bits. For example, the bookie may say that a 10,000 INR bonus is administered as two 5,000 INR bets or divided between different rewards for the sportsbook and casino section. This, too, may be worth considering if it will affect your betting experience.


You will have a limited window to place your qualifying bet after signing up. This is mostly between 7 days, although some betting sites may allow up to 30 days. The bookie may also require you to use the bonus within the said period, after which it may be invalid. For example, Betway and Betrophy have 7 days, while Fun88 allows up to 14 days. This condition is worth remembering if you take too long before trying out the betting markets after signing up.

Minimum Deposit or Stake

All bookies have a minimum deposit amount and a minimum qualifying bet for the welcome bonus. For example, the minimum deposit on Fun88 is 1,000 INR, and since the reward is a first deposit type, this is automatically the minimum amount you need to qualify for the offer. On the other hand, Betway has a cashback bet type, which demands a minimum stake of 250 INR.






Top 5 Best Welcome Bonus Betting Sites


Fun88 is one of the best gambling sites in India, offering a blend of sports betting, online casino, live casino, and slots. The company sponsors clubs and leagues globally, including the Caribbean Premier League (CPL), Tottenham Hotspur, and Newcastle United.

This bookie also has one of the highest welcome bonus amounts and is loved for its generous ongoing promotions and prizes that users enjoy long after signing up, including a ₹1,000 referral bonus. Moreover, Fun88 allows Bitcoin deposits.

Website Fun88

Among the welcome bonus conditions to expect at Fun88 are the following:

  • Up to ₹12,500 bonus on your first deposit for the sportsbook, casino, or live casino section.
  • Minimum deposit of ₹1,000
  • Twenty times rollover (RO) requirement, which must be met within 14 days after receiving the bonus
  • Minimum odds of 1.6
  • Void, canceled, draw, and cashed-out bets do not qualify for the welcome bonus
  • Sign up bonus is only available once per customer.


Founded in 2020, Betrophy is one of the world’s leading betting sites. It features a comprehensive sportsbook, virtual sports, and online casino games from leading software providers. It also boasts a variety of payment methods, including debit cards and eWallets which make depositing and withdrawing from any location convenient.

Among this bookie’s promotions are an attractive welcome bonus and a great VIP program for the casino section. The welcome bonus is an excellent 100% match on your first deposit up to ₹10,000, making the first bets you take on the site risk-free.

Website Betrophy

The terms and conditions to expect from Betrophy’s welcome bonus promotion include the following:

  • 100% matched bonus up to ₹10,000 for sports betting and 20 free spins of Tiger’s Claw slots in the casino section
  • Bonus valid for 7 days
  • The deposit and bonus must be rolled over 25 times before withdrawing the winnings.
  • The offer was valid up to 31/12/2023 at the time of writing.
  • The first deposit must be made alongside a bonus code available on the Betrophy website.
  • Free spins must be used before making another bet.
  • The bet placed must be higher than 12€ or equivalent in another currency or 5% of the bonus, depending on which one is lower.

Betrophy also has numerous ongoing promotions, including a stepwise bonus following the welcome offer. It works such that each subsequent deposit has a bonus percentage, usually half of the previous one. For example, your second deposit will be matched at 50%.


Next on our list of best welcome bonus betting sites is Betway, one of the most well-known in India and the world. It is a trusted bookie licensed by the UK Gambling Commission (UKGC) and the Malta Gaming Authority. Moreover, Betway has been in the Gambling industry for over 15 years. They also accept over 10 banking methods, most of which support instant transactions.

Website Betway

This betting site boasts a comprehensive sportsbook and a casino section, complete with at least table games and a live dealer section. As for your welcome party, Betway offers its new users a 100% matched free bet up to ₹4,000 if their first wager loses.

Here are other rules we found under Betway’s welcome bonus terms and conditions:

  • New users must check a box during sign-up to indicate that they accept the welcome bonus
  • Offer only valid for 7 days after opening the account
  • 6 times wagering requirements before you can withdraw the bonus and winnings.
  • Wagers contribute differently towards the welcome bonus depending on the odds. For example, single-line bets of 1.75 odds or higher contribute 100%, while those between 1.3 and 1.74 get 20%.
  • The minimum stake is ₹250


22Bet is a relatively new platform that came into play in 2017 and is now one of the fastest-growing bookies in the Indian market. Its sportsbook lists over 40 unique sports, with about 30-50 betting markets. This betting site also provides a casino section that features a variety of table games, slots, and live casino tables.

Website 22Bet

New 22Bet users are ushered in with a 100% bonus up to €122 or its equivalent in rupees (10,000 rupees). Additionally, they get 22 points added to their “Shop and de facto” loyalty program. These points accrue and can be redeemed for use in staking.

22Bet’s welcome bonus terms and conditions include the following:

  • Bonus only valid for live and pre-match markets
  • The reward must be used within 7 days after the registration date
  • Prize only suitable for use with odds of at least 1.4
  • A 10x wagering requirement before the activated bonus and winnings can be transferred to the real money account.
  • 80 INR minimum deposit


Another new betting site, 20Bet entered the Indian market in 2020 under the care of TechSolutions Group NV, based in Curacao. The site combines a sportsbook and casino section to give punters an immersive gambling experience under one roof. The sports section covers over 50,000 events combined every month, and the casino section boasts over 2,500 games from at least 60 reputable publishers. Moreover, there are at least 7 banking methods.

Website 20Bet_1

First-time users of this bookie are welcomed with a 100% bonus of up to 9,000 INR for sports betting, which comes with the following terms and conditions:

  • A minimum deposit of ₹900
  • 100% matched free bet up to ₹9,000 plus 120 free spins
  • 5x wagering requirement
  • Qualifying bets must be placed on markets with 1.5 odds and above for single bets or at least 1.7 for cumulative bets.
  • The minimum deposit is ₹300






Welcome bonuses add much fun to your initial betting experience with a new bookie. They also minimize risk and increase your chances of winning. Additionally, they come in different types, such as first deposit, cashback, and free bet bonuses.

You will also encounter slightly varied terms and conditions across these betting sites, so selecting your perfect fit is vital to optimizing your betting experience. That said, it’s worth mentioning that these promotions change occasionally. Before signing up, you might want to confirm that your favorite bookie still has the same welcome offer terms and conditions.

Last Updated on 26/05/2023 ago by Devak Mukherjee

Devak Mukherjee

In this article, the top 5 welcome bonus betting sites are discussed and explained. If you are into sports betting and from India, register now with the featured bookmakers here and enjoy their exclusive offers for Indian bettors.

Devak Mukherjee has a masters degree in statistics and economics. Over the last couple of years he has specialized in sports betting and passionately teaches punters how to improve their odds with proven betting strategies.

Devak Mukherjee

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