For anyone who hasn’t signed up with a Sportsbet yet, they’re offering up to $200 in account credit for new members, but it is an exclusive offer, which can only be obtained using THIS LINK. This promotion is one of the most generous I have seen, so it’s well worth looking at.
To summarise the promotion:
As a new customer you will receive a 100% credit match on bets up to $200 when you join Sportsbet using the link above.
When opening a new betting account they’ll match 100% of your first ever bet up to $100 free. When you place your next 10 bets Sportsbet will match 100% of the average bet value up to $100 free. The bonuses are credited into your account as standard credit, which is free for you to bet on any sport or racing event.
For example, if you sign up and place a bet of $80, they will credit your account with $80 cash once the bet has been resulted. There after they’ll credit your account equal to the average of your next 10 bets up to $100 once the bets have been resulted.
This credit offer is much more generous than typical sign up offers, so I would jump onto it if you have the opportunity. Typically, sign up offers give you a $50 ‘free bet’, but if you’re bet wins, you only receive the net profit, not the total winnings. The SportsBet offer here gives you regular credit which you can treat as you would the rest of your account balance. The example below illustrates the difference. Say you made a $50 bet with odds of 2.00 using a ‘free bet’. If the bet won you would receive $100 – $50 = $50. However with the Sportsbet credit offer, the $50 bonus credit bet with the same odds would net you $100.
Because this promotion is so generous, I’ve tried to look into the terms and conditions behind it, but I couldn’t get the relevant link to work. Once it is working I will take a look and provide some of the key points in this post. Typically, you would expect to have to turn over any bonus credit at least once before you withdraw it. So if you received $50 in free credit, you would have to make $50 worth of bets before you could withdraw the funds into your bank account. Some bookmakers also require that you turn over the funds on bets with odds of at least, say, 1.50. This rule is designed to account for people like myself who look for a safe 1.01 bet to turn the funds over on.
For those who are new to sports betting, bonus offers are a great way to give yourself a chance of walking away with a profit. Let’s say you received $100 in credit on top of your $100 initial deposit. If you turned over the $200 in your account and lost $50 in the process, you are still up $50, which is now available to deposit into your bank account.
