Tackling 10Bet Welcome offer
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Looking at doing the 10bet bonus and trying a different method as don’t want my funds tied up in a bookies that isn’t one of the big ones. Will it work If I deposit 400 and find something at odds around 5 in hope that it comes off first time.
If the money I deposited does come off first time then I hope to just gamble through the bonus funds and also use it against other offers to work in my advantage. However if the bet of my funds goes on to win then I hope to be able to withdraw all my funds deposited and therefore forfeit the bonus funds.
Anyone know if this would work how I plan? also thoughts on the idea
+0June 26, 2016 at 10:07 pm
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are you saying that you are going to make a bet and lay off it off with the bonus funds, and if that bet wins you will forfeit the bonus and withdraw? because if you are you will be down a massive amount of your own money because you would lose the money from the exchange to the bookie, and then forfeit it.
If you are just going to punt the bonus funds without laying it off, then that is just gambling. Nothing wrong with that, but a bit pointless trying to find advise on a matched betting website.
I haven’t done 10bet yet, so haven’t looked into what the offer is, but I would be inclined to make sure I had enough float to cover the worst case scenario and bet through at the minimum odds, however if they are a bit dodgy it could be worth gambling through and seeing what happens. I guess it depends how much you are willing to lose for the chance of winning.
HTH+0Thanks.
The plan is to deposit the £400 to release the bonus funds. Bet £400 and lay with smarkets and then it leaves me with two outcomes.
S Market bet win leaving only the bonus funds on for me to play around with, then the plan is to pretty much gamble the bonus funds left on 10Bet and match up possibly if I get close to completing the rollover.
The other outcome would be the 10bet bet won so I’d have all my own money still on 10bet and at this point I’d be happy to take the qualifying loss and forgot the bonus so then I can withdraw my money.
But would they be okay with me straight away forfeiting the bonus funds and withdrawing?
+0they don’t release the funds after depositing £400.
you only get the bonus after rolling over 5 times+0
T+Cs
1.This offer is valid until 31 December 2016 23:59 GMT.
2.To be eligible for this promotion, players must input FD200 in the ‘Bonus Code’ field when making a qualifying deposit into their Sports Cash Account.
3.To be eligible for this promotion, your qualifying deposit amount must be rolled over once on settled sports bets with odds of at least 3/5 (1.60). Any bet placed on any type of handicap (except 3-Way Handicap) or Over/Under will not count towards this requirement.
4.The minimum qualifying deposit for this promotion is £15.
5.The bonus amount will then be credited to your Sports Bonus Account.
6.Customers who deposit via Skrill or Neteller are not eligible for this promotion.
7.This promotion is only available once per Customer.
8.The deposit and bonus amount must be rolled over five (5) times on settled sports bets with odds of at least 3/5 (1.60), excluding any type of handicap (except 3Way Handicap), Forecast/Tricast and on Over/Under bets. Then the bonus amount shall be transferred from your Sports Bonus Account to your Sports Cash Account, and be withdrawable.
9.The rollover requirements must be met within 90 days of your first deposit, otherwise the bonus shall expire and any funds in your Sports Bonus Account and corresponding winnings shall be forfeited.
10.Each bet placed will contribute a maximum of 50% of your bonus amount towards fulfilling the rollover requirements. For example, if the bonus amount awarded to you is £100, the maximum amount that each bet can contribute towards the rollover requirements, is £50.
11.Withdrawals requested before the bonus rollover requirements have been met shall result in cancellation of the promotion and any funds in your Sports Bonus Account and corresponding winnings shall be forfeited.
12.This promotion cannot be used in conjunction with, or to contribute to the eligibility for, any other promotion.
13.10Bet’s General Terms and Conditions apply.So according to point 3, you rollover the deposit once (ie deposit and bet) then point 8 states you have to rollover deposit and bonus x5. I assume this means that if your first bet wins you have to rollover everything, whereas if it lost you would only have to rollover the bonus money x5. it doesn’t seem to say that you would have to deposit more to rollover like the Bwin one does.
So yes your plan *should* work. point 11 states you can forfeit.
+0Yeah will give it a shot then when euros disappear.
Thanks death star big help
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442 – did it work?
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