What bonuses and promotions does Shangri La currently offer?
To kick things off, let’s take a look at the 100% sports welcome bonus. Shangri La offers a generous 100% first deposit bonus match of up to €100 with a minimum of €10, meaning that whatever you deposit, Shangri La will essentially double it. The funds will automatically be credited directly to your account and you’ll be able to place bets with them immediately. However, you will have to clear a rollover requirement in order to withdraw the funds. The requirements state that an 8x rollover amount of the initial deposit + the bonus amount is needed, meaning a €10 bonus would require a total wager amount of €160 (€10 deposit + €10 bonus = €20 X 8) while a €50 bonus would require a wager amount of €800 (€50 deposit + €50 bonus = €100 X 8).
There are a few other factors to keep in mind when redeeming this bonus. For both straight bets and accumulator bets, only odds of 1.60 or better will count towards the rollover requirement. This means that the minimum odds for each leg of an accumulator bet has to be 1.60 or better to count towards the bonus. Additionally, only one bet per event will be eligible. For example, you’re betting on an Arsenal vs Chelsea Premier League match and you like both the Gunners to win and over 2.5 goals scored. Of course, you are free to book both bets but you will have to choose only one that will count towards the rollover.
Keep in mind that you will only have 30 days to complete the 8x rollover so you should have a rough idea of which sports and leagues you are interested in betting to ensure you don’t run out of time. Let’s look at an example of a full €100 deposit with matching €100 bonus to get an idea of what kind of betting volume you’ll be looking at to clear the bonus. With €200 credited to your account, you will be required to clear €1,600 in bets. At an average stake of €20 per bet, you will have to place between two to three bets every day in order to reach the full amount in 30 days.
Shangri La Weekly Reload Bonus
Shangri La does a good job in taking care of its existing user base by offering a 10% reload bonus with a minimum amount of €10 up to a whopping €300 maximum. This means that the minimum eligible deposit is €100 while the maximum redeemable bonus amount would require a deposit of €3,000. The attractive part of this bonus is undoubtedly the low rollover requirement. Only 2x the deposit amount + the bonus amount is needed to fully clear the promotion, although only one week is allocated to fulfill the rollover compared to the 30 days of the welcome bonus.
Some other points to keep in mind for this promotion are the minimum odds of 1.90 for straight wagers while an accumulator of three or more legs would require odds of 1.50 or better.
Accumulator Boost System
Shangri La further increases the incentive of chasing those big accumulator payouts by adding an acca boost system for multiples involving four or more legs. An acca boost is simply an additional amount added to the final payout of your bet and ranges from 5% for four legs all the way up to a maximum of 60%. To activate your boost, simply select four or more eligible bets with minimum odds of 1.30 or better and be sure to enable the boost option that will appear at the bottom of your betslip. It’s as simple as that. Remember, your acca boost amount is determined by the number of legs in your bet.
To illustrate, let's take a 10-leg accumulator with each leg having odds of 1.50 for simplicity’s sake. A normal payout on a €10 stake for this bet would be €566. Shangri La’s acca boost for a 10-leg parlay sits at 26%, raising the payout to a massive €714! Quite the return on investment. Of course, you will have to factor in that the probability of hitting a bet such as that is understandably low, but it's a nice touch by Shangri La to juice the pot which is sure to add additional excitement to this already exhilarating type of bet. You can take a full look at the acca boost odds table on Shangri La’s website.
If you want to know more information about Shangri La, don't hesitate to see our review.
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