One of the best online sportsbook bonuses you can claim online comes from bet365, in the form of bet365 Bet Credits. But what exactly are they, and how do they work?
bet365 bet credits – What are they and how to use them
If you are new to online gambling, you may not have come across a bet credit or phrases such as promo code, qualifying bets, minimum deposit, void bet, and settled bets before. One of the main bonus features that bet365 sportsbook offers its customers is bet credits, otherwise known as free bet credits. Players can access these bet credits when they sign up for an account and place a qualifying bet. The maximum amount you can claim in bet credits is $500 when you create your first online bet365 account.
bet365 sports is an excellent betting app. It first launched in the US in New Jersey and is looking to expand across the country. As a new customer to the site, you will have access to live betting and bet boost features in addition to some of the best odds around. Once US players have claimed their bet365 free bet, they can use it to wager on events such as the Super Bowl or the Premier League, depending on your interests. There is a betting market available on this app for everyone.
bet365 is one of the most well-known gambling operators worldwide, and if you have the slightest interest in betting, you will have heard of them. However, you may not have heard of bet credits before. Consequently, you won’t know what a bet credits stake is or some other requirements you may encounter to claim your bet365 bonus. \You also may not know how to use bet credits bet365. This guide will take you through what they are, how to use them, and how you qualify.
Bet Credits Explained
If you are a regular bettor and place wagers on your favorite sports and events, you will likely have come across free bets before. Bookmakers typically offer these as an incentive for players to sign up for an account with them or reward existing customers. Bonuses and promotions such as these usually come with strict wagering requirements, which can sometimes confuse players.
To avoid any confusion, bet365 now uses the term bet credits on all of their promotions. Bet credits are additional bonus funds that are transferred into your bet365 NJ account for customers to place wagers without risking their own cash. You can read more about the bet365 mobile free bet in our guide.
You can read our full review of the bet365 sportsbook with our dedicated site and app review. There is also a bet365 casino available for NJ players which we look at in detail too.
How to Claim Bet Credits
Claiming your bet credits is a straightforward process. Once players have logged in to their account, they need to click the ‘claim’ button when making their qualifying deposit. Alternatively, you can access the ‘my offers’ section of your account and claim them that way. Please be aware that you must claim the bet credits within 30 days of registering your account.
Head over to bet365.com and click on the join now button to create your account. There is a bonus code required to get your hands on the bet credits new customer offer.
Open Account Offer
New customers only. Make a qualifying deposit (min $10), place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.
How to Qualify for Bet Credits
Before you can claim your bet credits, there are a couple of things you must do. First, all players must make a qualifying deposit (minimum $10) to receive a matching amount in bet credits worth up to $500.
Players are required to place bets that match the value of the deposit and allow those bets to be settled. Once the bets have been determined, players will receive their bet credits and can start wagering with them. As we mentioned above, this must be done within 30 days of opening your account. If you choose to make several deposits before claiming, the largest qualifying deposit you have made will be the one that counts.
Terms & Conditions Associated with Bet Credits
As with all bonuses and promotions with online betting sites, players must follow some terms and conditions before they can claim the full offer. With bet365 bet credits, your bet must contain a minimum of one selection at odds of -500 or greater.
For parlay bets or market/fixture combinations that have a couple of potential outcomes, and you have placed a wager on more than one outcome, either before the event or in-play, the outcome with your highest cumulative risk will be the only one that counts.
If you have chosen to cash out part of your bet, only the remaining active risk will count. If you have utilized the edit bet feature and chosen to edit your active wager, only the new risk on the new wager will count. All gaming fully cashed out and in-play bets that have been settled as a push and bets deemed no action will not count.
Some sportsbooks may require you to enter a promo code to claim a bet credits offer. There is currently no bet365 bonus code needed. You just need to sign up for a bet365 sport account, and you are good to go.
How to Pay for Bets using Bet Credits
It is straightforward to place wagers without risking your own money. Bettors need to select the ‘use bet credits’ option in the bet slip. It is totally at the player’s discretion when to use them, as long as it is within 30 days of when your account was registered.
What are the Player Benefits of Using bet365 Bet Credits?
One of the most significant benefits among many is that you are betting on events with credits. Additionally, players can break down the bet credits and use them in any way they see fit. Customers might decide they want to use them all on one game or bet a little on several games. That is entirely up to the player, and they may choose to adopt a particular strategy when using them.
Moreover, there is a good degree of flexibility when using bet credits; players decide when and how to use them and select the amount they wish to use. Players have the option to use their available bet credits on numerous sports, markets, or bets. Any winnings generated from bet credits are credited as cash, and you can withdraw as per the standard rules.
There is no fixed expiry date associated with bet credits, but they will be removed if your account remains inactive for 90 consecutive days. Another benefit of bet credits is they can be used alongside or in conjunction with a cash balance. The customer can opt to partially fund a wager with bet credits if they wish. As a customer, you can also watch sports for free through the bet365 live streaming service, which is pretty awesome too!
And there you have it; now you know exactly what bet365 bet credits are and how to use them.
Current bet365 Sportsbook Promos
Anybody who is of legal age is in New Jersey, Colorado, Iowa, Ohio or Virginia are eligible to create an account on the bet365 platform and claim the welcome bonus. The current bonus consists of players receiving $200 in bonus bets once they have made a qualifying deposit of at least $10.
This sign up bonus is available for new bet365 customers only. As soon as you register and make the necessary deposit you will receive $200 in bonus bet credits straight into your account. Please note that you must claim this offer within 30 days of your account being verified to qualify. Additionally, all qualifying wagers must be settled within 30 days of claiming the offer and one bet must have odds of -500 or greater.
bet365 also offers early payout options for for all of the big games for NFL, baseball and soccer. Every time you log into your betting account you will notice new parlay bonuses to boost odds meaning your potential winnings will be higher for sports such as MMA, boxing and more. It is always wise to keep an eye out on the promotions tab for the latest offers to make sure you don’t miss out.
Where is bet365 legal in the US?
To get hold of your bet credits when using the bet365 website or app, you must be located in a state where the company legally operates. Founded in the UK, bet365 has become a household name in the gambling world and has grown to become one of the most popular sportsbooks in the world.
Although bet365 is well-known globally, it is still a relatively new name in the US gambling market. The brand has said it wants to expand across the country and is currently live in five states. The markets bet365 is currently operating in are:
- New Jersey
- Colorado
- Iowa
- Ohio
- Virginia
It was expected that bet365 would launch in Massachusetts, however, they pulled in the weeks leading up to the launch. Consequently, only those bettors located in any of the states listed above will be able to use bet365 credits as part of a promo or bonus.
FAQs
What are bet365 bet credits?
If you are a regular bettor and enjoy using features such as bet builder and bet365 early payout, you will likely have encountered bet credits before. Operators use these as an incentive to attract new players or reward existing users.
Bet365 uses bet credits on all of its promotions. So, if you sign up today, you could use bet credits to wager on the next Super Bowl, a horse racing meeting, instant games, or any other offering on the bet365 app. Some minimum odds may be applied on certain wagers.
Can you cash out when using bet credits?
Cashed-out bets don’t count as qualifying bets to release your bet credits to be used. However, you can cash out a wager when you have used a free bet credit for your stake. This is assuming the betting market, and selection was eligible for cash out in the first place. If this is the case, you can choose to place a bet, use the bet365 offer and increase your withdrawable balance.
Can you withdraw bet credits on bet365?
No, you can now withdraw bet credits on bet365. All bet credits on the sportsbook are non-withdrawable. Any returns you make from bet credits will be added to the eligible withdrawal balance, but credit stakes are not included on returns.
When do your bet365 bet credits expire?
When looking to claim your welcome bonus at any betting site, you will had to meet the wagering requirements. This is where you may see terms used such as bonus bet wager excluded, bonus bets winnings and bonus code applicable. Another term you will come across is expiration date. In other words, if you don't use the bonus within a certain timeframe, you will lose it.
To make sure you don't lose your bet365 bonus bets balance and for your bonus money to be eligible for withdrawal, you must use the bonus within 30 days of claiming.
