Ladbrokes 250 bonus bet

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A bonus bet is promotional betting credit, with its value and conditions set by the promotion.

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The amount in a promotion does not work like cash in your account: the rules determine how the credit can be used and what you receive after the bet settles.


How does a bonus bet work?

A bonus bet lets you place a wager using promotional credit instead of your own cash stake. It is still a bet: the selection can lose, and the outcome is not guaranteed.

Promotions can attach conditions to receiving and using the credit. Those conditions may affect which bets qualify, how long the credit lasts and whether the promotional stake forms part of a winning return.


How do you qualify for a bonus bet?

Qualification usually depends on the conditions of the individual promotion. An offer can require an eligible account and a qualifying action before credit is issued.

  • Account eligibility can depend on who the promotion is intended for.
  • A qualifying bet may need to meet specified conditions.
  • A qualifying bet may need to settle before credit is issued.
  • Some promotions require an opt-in before the qualifying action.

A qualifying bet and a bonus bet are different stages. The first is a wager made to meet an offer condition; the second is the promotional credit you may receive after meeting it.


What happens when you place a bonus bet?

You use the credit on a selection that meets the promotion’s rules. The bet then settles according to the result and the applicable betting rules.

  • Choose a sport, event and betting market.
  • Select an outcome and review the displayed odds.
  • Apply the promotional credit to the bet.
  • Place the bet and wait for it to settle.

A market describes what the wager is about, such as the winner of a match. Your selection is the outcome within that market that you are backing.


What can you receive from a winning bonus bet?

A winning return depends on the odds and the promotion’s settlement rules. With some bonus bets, the promotional stake is not returned, so the amount credited is the winnings without that stake.

Decimal odds on an ordinary cash bet express the total return per unit staked, including the stake. A bonus bet that excludes the stake from its return works differently: the displayed odds still affect the winnings, but the promotional credit itself is not paid out as cash.

A losing selection generally produces no return. A void or partially settled bet can be treated differently under the rules governing the bet and the promotion.


What restrictions can apply to bonus bets?

Promotional credit can come with restrictions on when and how it is used. Common conditions include:

  • An expiry time for placing the bet.
  • Eligible sports, events or markets.
  • Minimum odds for a selection.
  • Limits on combining selections.
  • Rules for void or cancelled events.

Minimum odds set a threshold for an eligible bet; they do not make a selection more likely to win. Expiry applies to the credit itself, so leaving a bet until after the deadline can mean losing the opportunity to use it.


Why might a bonus bet not apply?

Expired credit or an ineligible selection can prevent a bonus bet from being applied. A market, odds level or bet type can fall outside the conditions attached to the credit.

Qualification can also depend on settlement. A qualifying bet that is still open has not reached its final result, while a void bet may be treated differently from a settled win or loss. Account eligibility and any required opt-in can also affect whether a promotion applies.


Where can you use a sports betting account?

Ladbrokes offers a sportsbook in Australia. You can read more about its sports and betting features before deciding what kind of wager interests you.


How can you keep promotional betting in perspective?

Promotional credit is a reason to consider a bet, not a reason to spend more than you intended. A qualifying wager can put your own money at risk even when the later bonus bet uses credit.

Set a budget for money and time before betting, and treat losses as a cost of entertainment. Account controls such as deposit limits and breaks can help you stick to that decision.


Photo of Jon Metler

Editor: Jon Metler

Betting Analyst · Editor

Jon Metler analyses basketball betting.

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Bonus bet questions

Can I withdraw a bonus bet as cash?

Promotional credit is generally used to place a bet, not withdrawn directly. Any winnings depend on the bet and the promotion’s settlement rules.

What happens if my bonus bet loses?

A losing bonus bet generally produces no return. The promotional credit used for that wager is spent.

Can I use a bonus bet on a multi?

A promotion can allow or exclude multiple selections. A multi combines selections, so its settlement depends on the outcomes and the rules for that bet.

Can I cash out a bonus bet?

Cash out depends on the betting product and the promotion’s rules. A cash-out amount can differ from the potential return shown when the bet was placed.

What happens if my bonus bet is void?

A void bet is settled under the applicable betting and promotion rules. Those rules determine whether promotional credit is returned or treated another way.

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