Bet365 New customer offer Deposit 100% Bonus

  • Hi
    Wondering if someone can help or advise. I signed up as a new customer on Bet365 and they had an offer on where what ever you deposit they would match 100% up to £200. So i deposited £50.00 and they gave me a bonus of £50.00. On there T&C point 4 it states.
    You must have settled bets to the value of three times your qualifying deposit (capped at £200) and bonus before making a withdrawal (subject to conditions 12 to 15 below).
    I place my first £50 bet and it won. So now i have £152.50 in my account. when i tried to withdraw £102.50. I got told i would lose my Bonus if i continued. I have also noticed I now need settle stakes of £250.00. My question is it worth continuing with this Bonus or is it better to just withdraw what i have won. Seems to me it could be a while before i release my £50 bonus.

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    deathstar 29

    the rollover requirement is 3 x deposit AND bonus, so if you deposited £50 it would be £300. so the good news is you have already wagered £50 of the rollover.

    I really can’t answer whether its worth it or not to you, but I wouldn’t want to lose £50 for the sake of a few bets. their odds are very good and you will have no problem matching up with the exchange.

    The advice I give everyone is to bet through the wagering requirements at the minimum odds allowed and you will be done in no time, just stick a few £50 bets on the footie. (check the T+Cs what the minimum odds are, I can’t remember at the moment)

    I am assuming from the fact that you only took £50 as a bonus and you are worried about rolling over that you don’t have a very big float in your exchange, so the best thing to do is bet on small odds. That way although they will probably win (but nothing is certain) you will only have small amounts flowing from the exchange to the bookie.

    5 bets of £50 and you will be able to withdraw. job done.

    HTH and good luck.

    +0
    Bazza74 7

    Hi
    Thanks for your reply. I am still pretty new to MB. So only wanted to take £50 quid bet. Instead of diving in and losing £200 quid.

    The minimum odds for this is 1.5 according to their T&C. As you said only 5 more bets and i will be able to withdraw the £50 bonus.

    If i have read this right and worked it out. I should make a nice approx £40+ profit on this.

    +0
    patrick
    Blocked
    11

    The Bet365 welcome offer of 100% matched bonus upto £200 is the best around.
    You have missed a trick and £130 by not taking full advantage of the offer.

    +0
    Bazza74 7

    That is a real bugger. Clearly can see i am still new MB. Apart from the obvious Coral offers, etc, etc. Where you stake a £10 to get a £10. This one throw me a bit. Going on what you have said. I have missed a trick. But now i know if other bookie offers something like this i will be a little bit wiser.

    Thanks for your comments though.

    +0
    deathstar 29

    that is unfortunate, but bet 365 is an account well worth having, you should make up for it soon.

    A word of warning – DO NOT go near Winner. at least not until you have a lot more experience and at least £4K in the bank.

    +0
    janeq 0

    hi, on the Bet 365 New customer offer, when you have to roll over the deposit and bonus , on the match betting calculator do you put that as a qualifying bet?

    +0
    deathstar 29

    yes do it as a qualifying bet.
    Usually there are two types of bonus – stake returned (SR) and stake not returned (SNR). SR are almost always required to rollover your funds whereas SNR are almost always no rollover but you lose the stake.

    I say “almost” because betvictor do SNR AND rollover for their bonuses. Cheeky gits.

    +0
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