Betsafe – 100% Loyalty Bonus Offer – Max £50 – WR x6
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Hi,
I have been offered the above bonus. As far as I can tell it is the bonus only that needs WR x6, so that would be £300 in total if I took on the full amount. In your experience, roughly how much money ought I to have in the exchange in order to cover the maximum WR?
Cheers,
TE+0September 10, 2016 at 3:01 am
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depends how much the minimum odds are for wagering requirements, check the T+Cs.
In theory (or bad luck) you wager £300 at odds of 2 for back and lay that would need a liability of £303.03 at smarkets. if its only 1.5 odds its £152.03. that’s on top of the money you have in the bookie. (obvs) and the money you have used on the qualifying bet in the first place.
I would give myself an extra £100 to be safe because its pretty unlikely to find the perfect back and lay and you may very well find a better match at slightly higher odds.I’m also very disappointed I didn’t get this offer! lol
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Hi,
Thanks for your reply. I should have included the minimum odds in my post, which are indeed 1.5. Here’s the full T&C:
“All winnings from bonus money will remain as bonus money and cannot be withdrawn until wagering requirements are met.
The bonus will expire after 30 days of not fully utilizing the bonus amount.
The bonus amount needs to be wagered 6 times on any Sportsbook bet with an odds of 1,50 or higher or 25 times in the Casino.
The wagering requirements in Sportsbook and Casino will count proportionate between the products depending on where you want to play with them. Example: This means that if you wager your bonus in Sportsbook at odds 1,5 or higher 1 time, you will have 5 times left in the Sportsbook. You will in this example have 20.83 times left in the Casino.
Casino Requirements:
Wagering on all games in Casino, Live Casino and the Mobile Casino will contribute towards wagering requirements but certain games will contribute more than others. The following is a list of contributions towards wagering requirements for each individual game type:
• 100%: Video slots, slot machines
• 20%: All Live Games
• 10%: Caribbean Stud, Casino Hold’em, Casino War
• 5%: Roulette (all types), Blackjack (all types), Pontoon, Video Poker (all types)
• 0% Baccarat (all types), Punto Banco, Oasis Poker
Risk-free bets on any games do not qualify for this withdrawal wagering requirement. Any players found to be colluding, for example, one person betting Player, the other betting on Banker will have their accounts closed indefinitely, and all money permanently frozen. Management judgment and decision is final and full when there is a suspicion of the above cases or in the event of dispute.
Bonus forfeiture before meeting wagering requirements will result in the loss of all associated winnings
Betsafe.com reserves the right to change the terms and conditions of this offer at any time and it is customer’s responsibility to check for changes and updates.
In the event of any dispute, Betsafe management’s decision will be considered full and final.”I have more than enough to cover the amounts you suggest. I have 30 days to complete the WR, so would it be better to do this in x6 £50 chunks (or smaller increments)?
Cheers,
TE+0
entirely up to you. but deffo stick to big games, it would be quite normal for a mug to bet £300 on the manc derby I would think but I’d probably go £100 on that and maybe £50s on a few other games. all depends on the odds really (and the liquidity at the exchange) and of course how much they let you get on.
good luck.+0
Thanks for that advice.
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I did £100 on the draw in the Manc derby …. no issues and rollover complete!!! Lost about £4 of the £50 so a great offer!!
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I won 5 out of 6 £50 bets with the bookie, so had to complete the full WR, but managed to get a return of £39.77 of the £50, which is a reasonable 79.5% return on the bonus.
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