OlyBet offers a fairly standard bet refund welcome bonus for losing bets up to €50, along with an extra €50 in free bets that can be earned through wagering. The terms differ slightly from other bookmakers which is actually a good thing.
The initial €50 free bet refund applies only to lost bets, but there’s notable flexibility. You don’t need to wager €50 in a single bet, nor does your first wager need to lose to qualify. For example, if your first €20 bet wins, the offer won’t trigger. However, if you lose a €20 bet, you’ll receive a €20 free bet and still remain eligible for the remaining €30. With a 60-day validity period, the bonus is easy to claim and quite forgiving.
The additional €50 kicks in after you’ve received the first batch of free bets. To unlock it, you’ll need to wager €100 per week at minimum odds of 1.50. Each week you meet that requirement, you’ll receive a €10 free bet, up to a total of 5×€10 free bets. It’s not a reward worth grinding for, but a pleasant bonus if you plan to keep betting at OlyBet.
Overall, the first part of the offer stands out as excellent value and makes OlyBet well worth trying. Everything beyond that is just a nice extra on top.
| Bonus Type | Bet Refund Free Bets Welcome Bonus |
|---|---|
| Bonus Amount | € 100 |
| Minimum Deposit | € 10 |
| Minimum Odds | 1.5 |
| Turnover | x1 |
| Expiry | 60 days |
