Editor’s Note (Oct. 2023): Luckbox shuttered its B2C business. If you’re looking to bet esports view our list of Luckbox alternative esports betting sites.
A quick check throughout the Luckbox review will reveal a number of reasons why we rate the site so highly, and chief amongst them is the great value promotional offers you can access on the site. There’s nothing more important to a customer than that first sign-up offer, though, and as such, we are going to take a look at the current Luckbox welcome bonus that is available for new customers.
So, the question is, when it comes to betting bonus offers for new customers, does this Luckbox welcome bonus tick all the right boxes?
Let’s take a closer look and find out.
A Brief Introduction to Luckbox
Luckbox is a predominantly esports betting platform that was founded in 2018 and launched a year later. It is a Real Time Games Holdings subsidiary with an operating license from the Isle of Man Gambling Supervision Commission. It aims to be one of to the top betting sites catering to fans of the most popular and specialized markets in the esports betting sector. Its payment methods incorporate fiat currency and cryptocurrency and roll out a series of deposit and no-deposit bonuses to new and existing customers.
Luckbox Welcome Bonus Details
The first thing to note about the new customer offer at Luckbox is that it is a 100% welcome bonus offer, but what does that mean? Well, essentially, it means that whatever you deposit into your account up to a predetermined amount (in this case, $100), you will receive the same amount in bonus cash credited to your account.
However, to claim the Luckbox welcome offer, you need to use a special code when you place your qualifying deposit. In this case, the code to use is GLHF.
All the best esports betting sites offer decent sign-up offers but this Luckbox bonus is one of the simplest to understand and also one of the easiest to get your hands on. And, of course, it offers you fantastic value when you start betting on esports on the site, as you effectively have double the amount of money available for you to bet with.
Luckbox accepts payments from a wide variety of different payment options too, which makes funding your account initially very easy and with the highest levels of account security in place, as well as excellent licensing agreements to ensure a high-quality service, you can be sure you’ll get more from Luckbox than just a great value signup offer.
Unsure of how to sign up?
If you are unsure of how to sign up, then don’t worry. You can simply follow the link to our Luckbox review and link to the site from there, and on the site, you will find an extensive step-by-step guide on how to deposit on the site. Furthermore, the excellent customer support team will be available to help you out at any time via email should you have any further queries.
If you’d still like to see an over of what the registration process entails, we suggest seeing our step-by-step guide:
- Step 1: Visit the Luckbox website by clicking on the link in our Luckbox review. Provide your email address and choose a strong password. Next, choose your country of residence, review the terms and conditions of use and the privacy policy, and then confirm that you accept the all.
- Step 2: Before your registration is complete. You’ll be asked to opt-in for the newsletter and any special offers that are rolled out from time to time. Note that by accepting this newsletter service, you also consent to the use of your information. You may need to provide your personal information before you can be allowed to place any bets.
- Step 3: As soon as your registration is confirmed, you can go on to make a minimum deposit of $10. Once you make this qualifying deposit, provide the Luckbox bonus code ” GLHF” at the required section. This puts you in line for a casino bonus or an esports bonus.
- Step 4: You can proceed to make your first bet on any game of your choice, bearing in mind the qualifying deposit for the highest welcome bonus. The first deposit you make will be matched by 100% up to a maximum bonus amount of £100.
Note that you do not necessarily need to claim the welcome bonus right away when you sign up. The offer remains valid until you’re ready to make your first deposit. Another important fact to note is that the wagering requirements for this bonus only apply to the casino section. So if you intend to use the bonus to bet on sports or esports events, you’ll not have to deal with them, and your winnings can be paid out much quicker.
Are there any terms and conditions I should be aware of?
Luckbox’s welcome deal for new customers is simple, but there are still some terms and conditions you should be aware of when you sign up.
Firstly, you can use your bonus and deposit not just on esports betting but also on sports betting and casino games if you so wish. This is somewhat unusual and another positive point for Luckbox as many welcome bonus offers can only be used on sports or esports betting with many other providers.
You must use the bonus code GLHF when you make your qualifying deposit to claim the bonus and the maximum bonus you can receive is $100, for a $100 deposit. Your deposit bonus will be added immediately to your bonus balance.
However, there is one huge advantage to the Luckbox bonus offer, and that is that it does not need to be your first deposit with Luckbox in order for you to receive it.
This is extremely rare; most sites stop you from accessing their welcome bonus again once you have signed up and deposited, so Luckbox is one of very few sites to offer this bonus to existing customers.
There is a wagering requirement on the bonus for esports and sports betting of 10x the bonus plus the deposit before you can withdraw any cash attributable to either. This means that if you landed the maximum bonus of $100 with a $100 deposit, you would need to place 10x $200 worth of bets ($2,000) before the wagering requirement would be met.
However, if you placed your wager at the casino, then the wagering requirement is 35x the bonus plus the deposit. Furthermore, wagers on different casino games will contribute at different rates towards the wagering requirement.
Casino bets also have a maximum bet limit of $5 per bet.
In either case, you have 14 days to complete the wagering requirement for the Luckbox Welcome Bonus.
LuckBox esports markets to spend your welcome on
Luckbox is a seasoned provider of esports betting services, and the import of their reach can be seen in the quality and speciality of the esports market they provide. They have options for fans of Valorant esports betting and Dota 2 betting, LoL betting and several other popular esports betting sectors. While they feature many of the most popular matchpoint odds, they also host several other in-game betting markets and a number of specialized markets as well.
Below is a list of some of the esports betting markets you’ll find on Luckbox to spend your welcome bonus on:
- Match Winner, round winner, winner of a number of rounds, and Overall Event Winners
- Map Winners, Odd/Even Maps, Total Maps Over and Under, Correct Map Score
- Total Points Over and Under
- First Team to destroy a tower, dragon, baron, or inhibitor
- First team to draw first blood, register a kill or reach a number of kills.
In addition to these major markets, Luckbox has developed a special set of markets that may not be found in other esports betting platforms. You can also bet on other time-sensitive in-game actions, such as the time it takes to record the first kill and first destroyed tower. You can watch the gaming action beamed across live streaming platforms like Twitch and bet on the live-action markets available.
Tips for using this Luckbox welcome bonus offer
When you receive this esports betting bonus offer, you might be tempted to plunge straight away into the betting markets to use it before it expires. And if you do that, you may be unable to make the most of your bonuses if you’re not well informed about certain factors. But if you want to maximise the bonus that Luckbox offers, we’ve lined up a list of things to have in mind.
Be moderate with your expectations
Every punter loves a free bet. Some will go to greater lengths to get the biggest bonus offer on the table. But in a bid to get a major steal, you might end up putting yourself in a position of disadvantage. If you aim for the highest bonus offer ($100), you’ll have to deposit a similar amount as the welcome bonus is a 100% match. And because you have to clear the wagering requirements, you have to place all your money on the line.
You would have to roll over all the winnings earned from using this bonus for 10 consecutive bets before making your withdrawals. And while the reward is significantly bigger, the risk is equally more significant. So if you can not afford to lose $100, step down a couple of notches to a lower initial deposit. The bonus will be smaller, but so will the risks.
Look out for the right markets
Your bonus funds can be used to bet on markets from casino games, sports games, and esports events. And because the field of choices is vast, coupled with the limited validity period of the bonus, you might settle for less. A little patience will let you scour the markets for the best odds, and you should find the ones that’ll stand a chance of winning.
Don’t just go all out for the biggest odds, but take your time to analyse the esports odds for and against each one turning out successful. A little research will let you know which team is in a better position and the likeliest outcome, and it will paint a much clearer picture than what the odds portray.
Don’t spend too long before using the bonus
While you’re looking for the best odds and the biggest markets, keep an eye on the validity period of your bonus. Luckbox usually puts a timeframe on the expiry date of their bonuses. And beyond this set time, all the remaining bonuses and the winnings accrued using the bonus money will be struck out of your betting account. Luckbox will give you 14 days to meet the wagering target, with the countdown starting from the day you receive the bonus.
Look out for the right odds
One of the key wagering requirements on this bonus offer is that the games you bet on using the bonus must have odds of at least, 1.5. This means that the system will not register your bet as a valid one if any of the games in your coupon has odds lower than 1.5.
So while you’re scouting the markets for the right odds to bet on, ensure that you’re not going beyond this “odds” mark on any of your games. Other than that, do not be in a hurry to load up your coupon with the biggest odds. While there’s no harm in aiming for the top shots, the risks that are involved may be too much of a problem.
How to make withdrawals on winnings earned from using bonuses
Once you’ve met all the complete wagering requirements, you can proceed to process a withdrawal, and it should be no problem at all. At Luckbox, there is no shortage of withdrawal options to take. You only need to head to the”payments” page and select the method of withdrawal you’re most comfortable with from the field of options available.
The simplest route is to use the same method for your deposit, and your withdrawals can be paid out in fiat currency or cryptocurrency. And while other bookmakers prevent you from using platforms like Skrill or Neteller, Luckbox does not have any such restrictions. You can also use traditional transaction platforms like a bank transfer or others like Mastercard and Visa.
Other bonuses available for users at Luckbox
While the welcome bonus offer is the major thrust of this article, we’ll roll out the most important gist of the other bonus and promotional offers available to new and existing customers.
The $/€200 Luckbox Loyalty Bonus
- This bonus will expire at noon on the 31st of December 2022, but you have a maximum of 14 days to meet the wagering target, starting from when you claim them.
- You’ll receive a Luckbox promo code to be used in making your deposit
- The Reload Bonus of up to €/$200 will also be deposited in your account.
- To process a withdrawal from winnings earned using this reload bonus, you’ll have to reach the 10x wagering requirements while betting on odds of at least 1.5.
- This offer can only be used in the esports section.
Combo Bet Cashback up to $/€25
- This bonus will expire at noon on the 31st of December 2022.
- You are required to place a combo bet consisting of four selected games strictly across esports events.
- Each of the selections must have a minimum odds of 1.2, and the four of them must sum up to at least 2 odds.
- If one out of your selection spoils the coupon, Luckbok will give back your stake within 24 hours, as long as it does not exceed $/€5. However, the offer will not stand if at least one of the selections is voided or cancelled.
- The bonus has a 10x wagering requirement.
ESports Reload Bonus up to $/€130
- The bonus money can only be used for esports betting, and it will expire at noon on Dec 31, 2022.
- You’ll get a and grab your 130% Reload Bonus of up to $/€130 when you deposit a minimum of $/€10.
- The Luckbox promo code to use in claiming this bonus is EBT130. You need to meet 10x wagering requirements on odds of at least 1.89 in the space of 14 days.
FAQs
Is Luckbox safe and secure?
Luckbox has an operating license from the Isle of Man. Their security provisions include strong user data encryption, a strict verification process, and a strong password requirement, etc.
Does Luckbox accept payments in cryptocurrency?
Luckbox allows deposits and withdrawals to be made Bitcoin, Litecoin, Dogecoin, and Tether. Its deposit methods include traditional options including visa and MasterCard, bank transfer and other specialised payment platforms.
Can I get a no deposit bonus on Luckbox?
At the moment, Luckbox does not offer any deposit bonus to new users. However, you will find a generous Luckbox welcome bonus and various other promotions.
Conclusion
We genuinely can’t find a better value deal for so many customers than this latest Luckbox bonus offer. Not only is it great value for new customers, but existing customers can also access the bonus too, which means everyone can take advantage of the deal.
Add to that the massive choice of esports bets available across a range of esports titles like CSGO, VALORANT, League of Legends, Overwatch, Call of Duty and more and you have a deal that is one of the best available that we can remember!