Betting a bonus multiple times

• HI all

  I’m quite new to the matched betting scene but am picking it up quickly. Most of the “low hanging fruit” now picked and looking at the matched deposits that need to be re-bet a number of times.

  Having read the terms and conditions for a site called 22Bet I knew that the wagering requirements were 1 bet per market and odds over 1.65 X 10 to release the bonus and winnings. I obviously tried to keep as close to 1.65 and lay close odds.

  Anyway – a lot of the bets came in with the bookies rather than the exchange. When all wagering requirements were met I added up my winnings less losses and it came to about £750. However the bonus pot was only £400. Id obviously lost a bit on the lay so was confused why this was so low.

  The terms didn’t state anything but doing the maths, even though the bet slip and transaction history gave the full winnings – the bonus pot had only been credited with the winnings less the stake each time. Therefore my bonus pot was short £350 of staked money.

  I thought the bonus pot bets were not treated like free bets (ie stake not returned) but have I misunderstood how this works? Obviously with this outcomes its nearly impossible to make much on this and in this case – Ive made a loss.

  Any advice or thoughts from anyone – are the T&Cs clear? Do I have a case to argue as its not clear this is how the bonus will be awarded at the end from anything Ive seen.

  Thanks

  +0

  

  DeanG

  0

  April 29, 2020 at 8:54 pm