# How do bonus bets work on PointsBet?

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## How do I use my bonus bet on PointsBet?

If you have a bonus bet in your account, it is very easy to use it. Simply click on your desired market and click the ‘Use Bonus Bet’ check box. This will then provide you the option to choose which of your bonus bets you wish to place on this selection.

## How do you use bonus bets?

A bet placed with a Bonus Bet will pay out the winnings minus the bonus bet stake. For example, if you placed a \$20 Bonus Bet at odds of \$10 your winnings would be \$180. This is calculated by multiplying the stake by the odds (\$20x \$10 = \$200) and then subtracting the stake of the bet (\$200 – \$20 = \$180).

## Can you withdraw winnings from a bonus bet?

If you win with a Bonus Bet, you will receive the ‘profit’ portions of the bet and TAB will receive the stake portion of the bet. TAB do not place any further rules around winnings turnover or minimum odds, the profit will be allocated to your Account Balance and can be used as you see fit, to bet again or withdraw.

## How do I convert my bonus bet to cash?

Turning Bonuses Into Cash

1. This is done by placing a back bet at the bookie using the bonus, and then matching that with a lay bet on the same outcome at the exchange.
2. In the example above we could guarantee a return of \$78.44 profit from a \$100 bonus bet. …
3. Betfair looks different to a traditional bookmaker.

## How long does it take to withdraw money from PointsBet?

Withdrawals via ACH/eCheck take 1-2 business days to process by PointsBet. Once processed it takes 1-3 business days to reach your bank account. You will not receive a confirmation email when you request the withdrawal.

## How does PointsBet payout?

The PointsBet rewards program offers one (1) reward point per \$1 fixed odds wager. Players receive five (5) reward points for every \$1 wagered on a parlay. PointsBetting players receive one (1) reward point for every \$1 won or lost. Players can redeem 250 points for \$2.50 in free bets.

## How long do bonus bets last?

The Bonus Bet must be used within 7 days from the time that it is credited to your Account unless otherwise stated in the offer T&C’s. If the Bonus Bet is not used within that time, it will become void and unable to be redeemed.

## How can I withdraw my bonus from Odibet?

You don’t need to deposit money into your account to redeem this offer. You can claim the bonus by simply clicking on ‘Submit freebet’ and placing a bet on the day’s freebet game. If there is no game selected then you can select on your own. The Odibets Freebet bonus is to be used on one single bet only.

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## Does sportsbet give welcome bonus?

Sportsbet provides new customers with an attractive sign-up bonus in free bets. After you open an account and make your first deposit, Sportsbet will match 100% of your first bet with a free bet to a maximum of \$501.

## Can I cash out my bet9ja bonus?

Combining the bonus with real money is impossible, though. The additional bonus money can only be used for live betting or pre-match betting. Your bet cannot be cashed out if it was placed with bonus money. The bonus can only be used like your own money, and then the winnings can be withdrawn.

## What happens if a bonus bet is void?

In general the answer to this is “no”, if you use a free bet for a wager and it is made void, you will simply lose your free bet. In the same way, if the wager you place as your qualifying bet is voided, you will not be given another chance to qualify for a free bet.