Terms and conditions are always important when entering a contract and online betting is no different. Bookmakers won’t want to just give away free bets without you meeting their criteria. So – what can you expect from the small print?
The general details of the terms and conditions are obvious. For online chess betting example, if you’re under the age of 18 you won’t qualify for the promotion. By accepting the intricacies of the contract you are acknowledging them without question, so be sure to give them a good look.
Another condition you’re likely to come across is that welcome bonuses are only available to new members. After completing your registration the free bets will be delivered to you. However existing bettors could see themselves rewarded with loyalty bonuses.
In many cases, you are also required to enter in a promotional code to qualify. These codes are normally scattered across television adverts and Internet webpages. After typing in the series of characters, you’ll get one step closer to claiming your free bets. It’s a clever tactic for bookmakers as it helps them pin-point which area of their marketing is most effective.
Most sites will give you a period of time in which your free bets can be used. For example, you could be asked to make your first wager within 21 days of signing up. This is very important to remember as you don’t want them going to waste.
If the freebie on offer involves matching your bet, there are a couple of conditions you’ll need to know. Bookmakers will only match your very first bet and in addition to this, you will only be eligible if it’s the first settled bet on your account.
Once you’ve made your first punt, the small print will have details behind what happens next. If you lose on your first bet, the bookmakers will deposit the matched free credit into your account. However if your first bet wins, you won’t receive the bonus.
Any bets that are voided won’t count towards the promotion. This is particularly good if your first bet is made in an ante-post market. These types can open a year in advance of the event itself. For example, if the horse you picked in a race pulls out, you won’t lose your bonus.
Make sure you revise all terms and conditions of the promotion before you commit. In many cases you’ll find the devil is in the detail, and knowing exactly where he is will be a great help in understanding the promotional offer.