How to Withdraw £950 bonus from Bet365 with £1000 Stake Requirement
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I have £950 of a bonus with Bet365, I have approx another £1000 in my paypal that I can use to free my Bet365 money.
I know I can do matched bets but if I win the bet all my money is then stuck in Bet365 in the bonus funds.
I don’t mind taking a hit to get the money out but I just want it to be withdrawable funds.
How do I go about doing this?
+0April 11, 2016 at 3:07 pm
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Continue matched betting it but with odds on shots. 1.5 minimum odds. Stick the 1k in smarkets. It’ll be more than enough. For instance £500 on at 1.6 shot will only create around £300 liability when you lay on smarkets.
If you find close matches, you shouldn’t lose more than say £20ish clearing it.
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Bet365 said any winnings with the bonus funds will be put straight back into the bonus funds tho. So if I do the above method I could potentially end up with £2k in bonus funds that is unwithdrawable.
Also I think Bet365 don’t give bonus stakes back. I’m not sure but I think that’s the case so betting on short odds is a bad idea as I could potentially really hit my winnings that way.
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I don’t understand the situation.
How did you get a £950 bonus? What are the terms and conditions? Rollover requirements?
I think that your bonus fund will be released to your main balance after the rollover.
Go in Service -> History – Offers … as far as I remember there is information there that shows you how much money is in your bonus account and how much you have left to bet to complete rollover.
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If I stake £1000 my bonus will be released into my main funds. I originally got it from the £200 introductory sign up bonus. With that you have to stake x5 the bonus you get to withdraw it. Didn’t read all that small print, wish I did now :/ I won fairly well on the grand national and my funds are now distributed as described above.
+0u wot m8?
How much of the WR do you have left?
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£960. (https://i.imgur.com/g04FdBZ.png)
I’ve worked out that with simple betting of 940 on 2.4 bet and 940 on a 1.42 bet I’ll be guaranteed a payout of about £1320, which equates to me freeing about half of the bonus funds.
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tony, tho what if my bet wins. I will have approx. £2k in the bonus funds that is unwithdrawable, plus I’ll only have completed about £500 of the stake requirements, and I’ll also lose my initial stake.
+0Would think you were trolling us hydro if you hadn’t posted that screenshot.
Perhaps scale your stakes back to something more manageable but otherwise your best option is still to complete the WR as has already been suggested.
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Place a £940 bet on an outcome at odds as close to 1.5 as possible. If it wins you will have £1410 in Bet365 that can be withdrawn, and you will have “lost” around £500 from your exchange (a sum which you can afford given you state you have £1k in reserve).
Obviously you should break that £940 down into more realistic bet sizes (say 9 x £100 bets and a £40 bet) and make sure that you stick to events that have sufficient liability at the exchange (i.e. weekend PL or Championship footy).
That’s it! Not sure what you are getting at when you say you will have lost your initial stake, or that you will end up with £2k bonus funds with only £500 WR met?
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I checked with Bet365, it turns out for this bonus I will get the stakes refunded thankfully which really gives me much more room to manuever.
+0Without meaning to point out the obvious but you really need to read the T&Cs and work out exactly what you’re doing BEFORE you end up in a position where you have the best part of a grand tied up
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True that.
+0This tip maybe isn’t something people support in this community but I once ended up with about €2000 on the ComeOn bookie. It had to be rolled over twice at min 1.5 odds before withdrawal. Unfortunately it was my whole bankroll at the time so I thought I was pretty much fucked. But I placed 200x€20 bets instead, without laying, ending up slightly above my €2000 after all bets were settled. I think this is a last resort solution, but if you cut up the amount into small bets it’s pretty “safe”.
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I got it all out bar approximately £20, not bad. My real worry was that it was a bonus where the stake wasn’t returned. Got it out anyway and will try to avoid such bonuses in future. Had to roll over that £200 promo bonus 5x, ffs that is some bullshit.
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