Bet365 sign up bonus - Bet credits explained

Bet365 sign up bonus - Bet credits explained

The UK’s most popular betting site, bet365, continues to offer a full service including sports gambling, casino and games, poker, bingo, financials and more. To have reached the stage where they can be described as bigger than the likes of Ladbrokes and Hills means they have done something right, that includes their bonus structure.

Still privately owned and operated by the Coates family, synonymous also with Stoke City Football Club in England, the nature of their ownership has probably been the reason they have stayed so close to their customer base and shown a genuine interest in what the punters want.

Although they can perhaps almost be rivalled by some large firms online, you will struggle to find a bigger array of markets to bet on than the offering on bet365 but the nature of sign-ups these days means that counts for very little if a firms opening bonus offer is not up to scratch.

Open your account with bet365 today

Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Bet 365’s  sign up bonus allows new users to qualify for ‘Bet Credits’ of up to £50. Simply sign up, deposit between £5 and £10 (or currency equivalent) to your account and then place qualifying bets to the same value and bet365 will give you 5 times that value in Free Bets.

Once the qualifying conditions are met, bet credits can be used to place bets without risking real cash which makes this offer very appealing indeed!

How To Claim Your Bet365 sign up bonus

Although the option will be there upon first joining bet365, the offer can be claimed any time in the first 7 days after joining. Customers should simply go to the services menu, choose my offers and then click on claim now for the relevant offer.

It can’t be underestimated how important it is for betting firms not only to offer good bonuses and promotions, but also make them as simple as possible to use. Bet365 have done that here and once again it shows their competence in knowing what the punter wants and needs.

What Are Bet Credits?

Bet credits are earned on depositing funds and can be used in the same way as real cash, though on their own they are not withdrawable. In other words, if you placed a £10 bet at 3/1 with cash and the bet won you would return £40 in total, all of which would be withdrawable. Using £10 bet credits to do this would mean that only the profit, the £30, would in fact be available for withdrawal.

This is done purely to stop people abusing the scheme and is naturally a very fair model. The bottom line is, we are all about profit and so I would still rather place that £10 bet using what is in effect someone else’s money and therefore someone else’s risk.

How To Use Your Bet Credits

Simply join up and deposit your cash to gain 100% bet credits, remember you can do this any time in the first 30 days after joining. A tip would be to wait until you have a larger amount you can afford to deposit in order to ensure you get the biggest number of bet credits possible.

Your maximum bet credit is £50 so ideally you would have that amount to deposit. Having joined and deposited this amount within the first 30 days, your bet credits will show automatically in your account (as non-withdrawable).

From this point, simply choose your event and your bet as normal and when entering your stake an option will appear to use bet credits rather than cash to place the bet. From there, place the bet as normal and any profit you earn will be withdrawable as cash, though the bet credit will show as having been used.

Sign up bonus Bonus Terms And Conditions

New Customers only. Bet £10* & Get £50* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you five times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.

Significant Terms and Conditions

• Available to new customers only. Make a qualifying deposit of £5* or more and claim the offer within 30 days of registering your account to qualify for 500% of that amount in Bet Credits, up to a maximum of £50*. Once released, your Bet Credits will be held in your account balance and are non-withdrawable.
• To release your Bet Credits for use, you must place qualifying bets to the value of your qualifying deposit (capped at £10*) and they must settle within 30 days of claiming the offer. Only qualifying bets placed and settled after claiming the offer will count towards this requirement.
• Apple Pay, Google Pay, PayPal, paysafecard and all other prepaid credit and debit cards, where available, cannot be used for either your qualifying deposit or any subsequent withdrawal of returns from Bet Credits stakes unless we have successfully verified an accepted form of your Identity Documents and you have entered a Postal Verification Code (PVC), or we have successfully verified two accepted forms of your Identity Documents. See full Terms and Conditions for details.
• Bets placed must meet certain conditions to count towards the release of your Bet Credits:
- Must contain at least one selection at odds of 1/5 (1.20) or greater.
- In market/fixture combinations that only have two or three potential outcomes (for example Soccer Full Time Result), where you have placed bets on more than one potential outcome, either pre-match or In-Play, only the outcome with your highest cumulative stake will count.
- Where a stake has been partially Cashed Out, only the remaining active stake will count.
- Where a bet has been edited using our Edit Bet feature, only the new stake on the new bet will count.
- Fully Cashed Out, Instant Games, Gaming, void bets or In-Play bets which are settled as a push will not count.
• Your Bet Credits are non-withdrawable, and Bet Credits stakes are not included in any returns. Any returns from Bet Credits placed will be added to your Withdrawable Balance. Bet Credits cannot be used on certain products, offers/promotions and bet types. See full Terms and Conditions for details.
• Your Bet Credits will be forfeit and removed if your account is inactive for 90 consecutive days.

*or currency equivalent

T&Cs, time limits and exclusions apply.

All in all then this is another fair, easy to use and enticing bonus offered up by bet365 and for me it keeps them at the top of the pile. Challengers are coming left, right and centre these days in the online gambling world but this firm here continue to rise to the top.

Best Sign up Offers

Online Bookmakers Bookmaker's Promotion Amount Bet Now
Open Account Offer

Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Get a Free Sports Bet up to £30

New Customers Only. Min Deposit: £/€10. 3.1 x wagering at odds of 1.75+ to unlock Free Bet. 4.Credit Card, Debit Card & PayPal deposits only 5.Additional Terms Apply

Bet £10 and get £30 in free bets

New online customers only, min £10/ €10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply.

Bwin first deposit bonus

New customers only. Max one £10 free bet, qualifying bets must be placed at odds of 2.0(1/1) or greater, paid as bonus token with min odds reg, t&c apply

Bet £5 Get £20 Free Bet

18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.