Betting bonuses offer punters the chance of collecting free bet credits to use towards a sports betting stake. Bookmaker sites are awash with bet bonuses and promo codes like betBonanza promo code, both for existing and new customers.
Reliable betting sites provide punters with welcome bonuses which are an appealing boost for getting signed up and started with some wagering action. But with all sports betting offers, there are terms and conditions attached. What are the key things to look out for in those T&Cs?
What Really Are the Terms and Conditions?
Terms and conditions are the guidelines of a promotion. They do exactly what the name suggests in that they set the rules of what needs to happen to actually claim the bonus and what can be done with the free bets that are gathered from them.
Everything you need to know about any promotional offer will be found in the T&Cs. So they are important to read. Do they immediately grab your attention and make you want to sit and read them? Probably not.
While doing your diligence about terms and conditions is important, you don’t have to wade through a huge page of them. Listed alongside any bet promotion are going to be Key T&Cs. Those are the initial ones to pay attention to.
Key Terms And Conditions For a Betting Offer
The key terms and conditions are short and sweet. They cut out some of the complications and long-winded jargon of the full T&Cs. In the key terms of a welcome bonus offer, you should see any qualifying bet stake and odds, along with the total amount of bonus that can be collected.
There is a lot to be gained from the key T&Cs. They are a simplified overview of a deal. They are a time-saver for punters. Those are the starting point. They can be read and if further clarification is needed, then look at the full offer terms.
The big question perhaps is why? Why would you need to sit down and read the terms and conditions? It’s simply to ensure that you are fully aware of what needs to be done to get a bonus.
If you miss out on a detail like the minimum stake or a qualifying market, then you won’t get the bonus. Without (at the very least) the key terms and conditions to guide you, then you aren’t going to know what to do to get a bonus.
What Are Some Key Areas of Betting That Offer T&Cs?
Betting offers vary greatly and therefore the terms and conditions won’t be the same on every bonus offer that you look at. So that’s another reason to at least check the T&Cs. Some common areas are wrapped up in deals, however, so here are some of the main ones.
● Minimum Odds requirement – If you have to place a qualifying bet to release a welcome bonus offer, then it will have to be done at minimum odds. Most bookie deals have a minimum odds level that has to be played. Fortunately, these are never ridiculous long quotes so they aren’t any kind of barrier to picking up a bonus.
● Minimum Stake Requirement – How much stake needs to be put down on a selection to trigger a bonus? This is something to check for when it comes to free bet bonuses. A lot of bookmaker welcome bonuses are a bet-and-get type of deal. That means you play a minimum stake to claim up to a set maximum of bonuses.
● Deposit Method – This is often an overlooked area of terms and conditions, but so important. If you have not used a valid deposit method on the account, then you may not be eligible for a particular bonus. It’s usually the initial deposit on an account that is the most important. Which type of payment can be used for a welcome bonus that will be set out in the offer’s T&Cs.
● Playthrough Requirements – On the other side of things, there may be conditions attached to the bonus bets that you get. It could be that you have to play through the value of the initial deposit, or the value of the initial stake or even the amount won from a free bet, at least once before the winnings will be turned into withdrawable cash.
● Free Bet Restrictions – Free bets may also come with conditions about which markets they can be used on. If you have picked up a free bet from a soccer bonus, perhaps that credit can only be applied to a football bet and not one from any other sport.
● Expiry – Free bets will expire. They are given to you on a use-it-or-lose-it basis. The common expiration time is seven days after being credited. If they are not used, then they simply get forfeited.
Summary of T&Cs
In conclusion, terms and conditions are important if you are looking at something like a welcome bonus offer. But they do not have to be overwhelming and complicated. You will find very few punters who read an entire page of T&CS. But at the very least, read the key ones and click on the promotion’s page because there will be further basic details there too.
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