What Bonus Bet (Free Bet) means
A bonus bet is promotional betting credit that must be wagered before any winnings from it become withdrawable cash - it's distinct from real cash sitting in your account balance. When you win with a bonus bet, most sportsbooks pay out your profit as cash but do not return the bonus bet stake itself, unlike a standard cash bet where the stake is returned along with the profit.
Key points
- A bonus bet is promotional betting credit that must be wagered before any winnings from it become withdrawable cash - it's distinct from real cash sitting in your account balance.
- When you win with a bonus bet, most sportsbooks pay out your profit as cash but do not return the bonus bet stake itself, unlike a standard cash bet where the stake is returned along with the profit.
Example and context
In practice
When you win with a bonus bet, most sportsbooks pay out your profit as cash but do not return the bonus bet stake itself, unlike a standard cash bet where the stake is returned along with the profit.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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