Our betting expert’s guide to the latest free bet offer from Lottoland Sports, along with any other promotions they are running.
Lottoland is one of the lesser-known gambling sites, especially when it comes to sports betting. The site was established in 2013 with just seven employees and is based in Gibraltar. Since the establishment of the site, Lottoland has experienced a moderate level of growth. The company has been funded by the Lottoland Foundation since 2016, which is an independent foundation based in Hamburg, Germany. The company focused on online lotteries and casino betting until 2019 when it established its sports betting page.
If your first bet doesn’t win, you’ll get your stake back (up to £5) as a Free Bet within 72 hours! | 18+ | T&C's apply | T&C apply
This article will review the free bet offered on Lottoland’s sports betting site. We will go through the free bets available to customers, how to claim the free bets, and any terms and conditions in the small print. We will then give a verdict on whether Lottoland’s free bets are relatively good value!
|Lottoland Free Sports Bet|
|Betting Offer||£5 Free Bet if you lose your first bet (minimum £5)|
|Time Frame||7 Days|
|Payment Options Available||Visa and Mastercard, Paysafecard, Trustly Skrill and Neteller, and PayPal.|
Most sites offer great free bets for customers on their site, especially those who have signed up and bet for the first-time. This section will review the free bets that are available on Lottoland. We will go through the free bets available on sports bet, the bet’s relative value and payoff, and how it compares to competitors in the market.
The vast majority of sites offer incredible value welcome offers for those that sign-up to attract new customers to their site. When looking at Lottoland’s offer, it is not the greatest value free bet relative to their competitors in the market. When you put down a deposit of £5 into your account, Lottoland will give you £5 in free bets for sports betting if your first bet is a loss. While a free bet is always nice to have, the deposit and free bet amount here is relatively quite low. Most sites offer a free bet closer to £30 to £40 on just a £10 deposit! Since Lottoland is only just matching your deposit, the maximum deposit matched should be higher than the £5 free bet offered. Therefore, while a free bet is always nice to have on a site, Lottoland’s free bet for new customers is relatively poorer value.
Overall, Lottoland’s free bet offer is not the best value out there. While you do receive a £5 free bet, this is extremely low compared to welcome offers from other betting sites. However, if you’re just looking to place some small bets with low financial stakes, Lottoland could be for you.
While all gambling sites state that an offer is of great value, they may put in stipulations that make a promotional offer difficult to claim. Fortunately, claiming Lottoland’s free bet offer for first-time customers is really straightforward for those signing up for the site. This section will review how you claim Lottoland’s free welcome offer bet when you sign-up with the site. So, if you want to claim your free bet on Unibet, follow these simple steps!
It should be noted that the offer is available only to first-time bettors on the site.
Once you’ve clicked the link, fill in the details for your account. If you’re not a resident in the UK and Ireland countries, unfortunately, you will not be able to claim the free welcome offer. However, if you are a resident, follow the next steps to claim your free bet!
Deposit the amount you want into your account, which must be at least £5 to claim Lottoland’s free bet. You can use a range of payment options, including but not limited to Neteller, PayPal, Skrill, Bank Transfer, and debit cards. It should also be noted that if you’re a UK resident, you cannot deposit money into your account using a credit card.
Once you deposit the £5 into your account you can use your welcome offer! No promotion offer is needed to claim this bonus. You will receive a bonus into your account that will be equal £5 in free sports bets if you lose your first bet. Therefore, you can see from these steps Lottoland’s sign-up offer is extremely simple to claim and offers decent value to first-time customers.
Many sites offer great promotional offers on paper, but in reality, the terms and conditions in the small print will devalue the bet. This could be done by putting restrictions on the time taken to use the bet, the maximum you can win from a bet, and wagering requirements. This section will cover the fine print of the free bet offered on Lottoland.
In terms of the terms and conditions of the free bet offer on Lottoland, there are a couple of restrictions that slightly devalue the promotion on offer. Firstly, you must use the free bet within 7 days for it to remain valid. However, many sites impose similar restrictions, and this shouldn’t be an issue for most players as £5 is a fairly small amount.
There is also a wagering requirement of x1 on the free bet. A wagering requirement is how many times the amount of the free bet you have to bet before you can withdraw the money. This means that you must bet £5 before you can withdraw your free bet. This is great value, with many sites’ wagering requirements being 5-10x the amount of the free bet!
Another slight restriction on the free welcome offer is that the maximum return on your free bet is £100. This means that if you place a bet with great odds and win more than £100 on a £5 bet, you will only receive the first £100. While is slightly annoying, it’s also understandable as a safety net against fraud on the site. The free bet is also not included in your winnings. This means that if you win £20 on your free bet, you will only receive £15 into your account.
Overall, there are a few restrictions on the free £5 bet you receive with Lottoland. The maximum of a £100 return, as well as the free bet not counting as part of your winnings, are slightly sneaky and devalue the free bet. However, the wagering requirement is relatively low, making this a solid option for those looking to bet for the first-time!