How do I redeem my bonus? Conditions of trading with bookmakers
When choosing a bookmaker we want to register with, we often take into account the amount and type of bonus we receive in the welcome offer. This is understandable, of course, if we are able to receive bonuses for just registering, why not choose the highest ones? Unfortunately, sometimes the highest bonus does not mean that it is the best. When you choose a start promotion, it is important to read the terms and conditions of bonus trading. What is trading and what is the best for us?
Bonus trading – what does it mean?
In order to be able to analyze specific examples of bonus trading conditions in the welcome bookmakers’ offers, we must first understand what bonus trading is.
Looking through the promotions for the start of legal online bookmakers, you will find one or more bonuses that they offer to new players: freebets, risk-free bets, deposit and deposit bonuses.
At first glance, it seems that the ones with the highest amounts are the best. However, it is important to read the conditions you have to meet to get these freebets. One of the most important is the bonus trading. What does this mean? It means that if you want to withdraw a bonus the bookmaker will require you to place a bet on the amount of bonus received a certain number of times.
Often bookmakers also determine the minimum odds that must have an event on the coupon and the whole coupon that we bet with bonus funds in order for the turnover to be credited.
You should also read in the rules and regulations how much time you have to wager the bonus. Sometimes it is only a few days, sometimes even 3 months. After a certain period of time we will lose the possibility to use the bonus.
Let’s start from the very beginning. What is bonus trading anyway? If the bookmaker requires wagering, it means that you have to wager the bonus amount a certain number of times.
Well, the truth is that the bookmaker bounces back the free money spent on you this way. Yes, yes, the bonus is a bonus, you get the money, but the beech finally makes money on it. After all, what are the chances of winning all the bets you place during the spinning process? And even if you do, there are a lot of other people who aren’t as experienced or just not as lucky as you. And it’s not cheating – by agreeing to a bonus, you also agree to its terms and conditions, right?
Why is there a wagering requirement?
The answer is simple. The bookmaker gives you money as a gift, but it requires you to make a specific turnover in order to return a part, a whole and sometimes an even bigger amount than you got from it. Nobody gives away money for free. And the challenge is to meet the required turnover and win all your bets. You have to be lucky or have really huge knowledge and experience. Of course, we do not claim that nobody succeeds, we only suggest that it can be difficult.
What if I don’t get a bonus?
If you don’t meet all the conditions of the bonus, you will not be able to withdraw the bonus amount to your bank account (electronic wallet, etc.), but that’s not all. If you do not make the withdrawal in time or break the rules, the bookmaker will withdraw the whole bonus from your account.
This is why you should read the regulations and be sure that you know how to withdraw the bonus step by step. Just because you have a bonus on your account doesn’t mean that the money belongs to you. Sometimes it happens that taking over the ownership of the money, i.e. withdrawing it to your account, requires an intensive and thoughtful game!
Trading a bookmaker bonus is nothing more than a requirement to place bets on the amount of money specified in the rules and regulations. Usually it is a multiple of the bonus received. Without it, we will not be able to withdraw the funds accumulated in the bonus account, which in the end may be lost to us – to prevent this, it is worth to familiarize yourself with the subject of bonus trading.