How do Ladbrokes bonus bets work?

Ladbrokes often advertise promotions on their website similar to the following example: ‘If your horse finishes 2nd or 3rd in races 1-4 at Caulfield, Rosehill and/ or Doomben on Saturday you’ll be refunded your stake as Ladbrokes bonus bets up to $50! Or if your horse wins, you’ll have your winnings doubled’.

How do I get my bonus on Ladbrokes?

To qualify and be able to claim this Casino Bonus, you must:

  1. Log in to your Ladbrokes Account (you may need to register with us if you have not played with us before);
  2. You must have made your first deposit of any amount into your account to qualify for this Casino Welcome Offer;

How does a bonus bet work?

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).

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How long does it take for bonus bets to come through?

Your bonus bets will be credited to your Account as a separate Bonus Bet transaction, within 24 hours of the completion of the event, but in most cases immediately. Should you place a winning bet using a Bonus Bet, only the winnings from your bet will be credited into your Account.

What is Ladbrokes restricted balance?

Restricted Funds means any funds in an account which are subject to Promotional Play Restrictions and/or Wagering Requirements.

What does 40x wagering mean?

40x wagering requirements

This means you must bet your bonus 40 times before it can be withdrawn.

Can I withdraw bonus bet winnings?

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 The bonus can only be used like your own money, and then the winnings can be withdrawn.

Can you use bonus bets on Quaddies?

In most cases, you can use your bonus bets on any sports or horse racing event. However, some bet types are excluded; for example, many betting sites don’t allow the use of bonus bets on exotic horse racing products like trifectas and quaddies.

How do I turn my bonus bets into cash?

To convert your bonus to cash you will be using your bonus bet to place a bet with the bookmaker and then placing a lay bet on the Betfair betting exchange on the same selection. This will mean that no matter the result of the event you will make an equal amount of profit.

Where are my bonus bets?

Go to ‘My Account’ Click on the Bonus Bet page. Your available Bonus Bets will appear in this page.

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How do I use my bonus bet on PointsBet?

How Do I Use My Bonus Bets? 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 I claim 50 Ladbrokes?

Sign up with Ladbrokes Casino and get £50 to enjoy hundreds of great casino games, just deposit £10 when you register. To qualify for the offer, simply open an account and make a first deposit of £10 and instantly receive a £50 welcome bonus.

What are odds of 1/2 in decimal?

If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet.