Bet365 sign up bonus - Bet credits explained

Bet365 sign up bonus - Bet credits explained

The UK’s most popular betting site, bet365, continues to offer a full service including sports gambling, casino and games, poker, bingo, financials and more. Still privately owned and operated by the Coates family, synonymous also with Stoke City Football Club in England, the nature of their ownership has probably been the reason they have stayed so close to their customer base and shown a genuine interest in what the punters want.

What is the bet365 sign-up bonus?

Bet 365’s  sign up bonus allows new users to qualify for ‘Bet Credits’ of up to £30. Simply sign up, deposit between £5 and £10 (or currency equivalent) to your account and then place qualifying bets to the same value and bet365 will give you 3 times that value in Free Bets.

Once the qualifying conditions are met, bet credits can be used to place bets without risking real cash which makes this offer very appealing indeed!

Bet £10 & Get £30 in Free Bets for new customers at bet365.

Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

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How To Claim Your Bet365 sign up bonus

To claim the bet365 open account offer, follow these steps:

  1. Click here to register a bet365 account.
  2. You will then need to make a qualifying deposit (between £5 and £10 or currency equivalent). 
  3. Place a bet of the qualifying amount which matches your deposit amount (if you deposit £5, place a bet with the same amount).
  4. Once you have completed the previous steps and your bet settled, you will receive your bet365 bet credits.

It can’t be underestimated how important it is for betting firms not only to offer good bonuses and promotions, but also make them as simple as possible to use. Bet365 have done that here and once again it shows their competence in knowing what the punter wants and needs.

What Are Bet365 Bet Credits?

Bet365 offer bet credits to new customers for their first deposits. Bet credits are earned on depositing funds and can be used in the same way as real cash, though on their own they are not withdrawable. In other words, if you placed a £10 bet at 3/1 with cash and the bet won you would return £40 in total, all of which would be withdrawable. Using £10 bet credits to do this would mean that only the profit, the £30, would in fact be available for withdrawal.

This is done purely to stop people abusing the scheme and is naturally a very fair model. The bottom line is, we are all about profit and so I would still rather place that £10 bet using what is in effect someone else’s money and therefore someone else’s risk.

How To Use Your Bet65 Bet Credits?

Simply join up and deposit your cash to gain %300 bet credits, remember you can do this any time in the first 30 days after joining. A tip would be to wait until you have a larger amount you can afford to deposit in order to ensure you get the biggest number of bet credits possible.

Your maximum bet credit is £30, so you must deposit £10 to receive this amount. After registering and depositing the qualifying amount within the first 30 days, your bet credits will show automatically in your account (as non-withdrawable).

From this point, simply choose your event and your bet as normal and when entering your stake an option will appear to use bet credits rather than cash to place the bet. From there, place the bet as normal and any profit you earn will be withdrawable as cash, though the bet credit will show as having been used.

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Bet365 Sign-Up Offer FAQs

Is the bet365 sign-up offer available in all countries?
No bet365 sign-up bonus is only available in the UK and IRE. If you live in another country, please visit bet365 and see if they offer another bonus for your region.

How long is the bet365 sign-up offer valid?
After registration, you have 30 days to claim the bet365 sign-up bonus. Also, after receiving your bet credits, if your bet365 account is inactive for 90 consecutive days, your bet credits will be removed.

Is this offer available for existing users?
No, this offer is only available for new customers.

Can I use the bet365 sign-up offer on both mobile and desktop?
Yes, this offer is available in both mobile and desktop versions of bet365. Feel free to use the one which is more suitable for you.

Are there any restrictions or limitations on the bet365 sign-up offer?
Yes, there are regional restrictions as this offer is only available in the UK and IRE. Also, the maximum amount of bet credits you can get is limited to £30. So making a £10 qualifying deposit is enough to get the full bet credits.

What are the terms and conditions of the bet365 sign-up offer?

Available to new customers only. Make a qualifying deposit of £5* or more and claim the offer within 30 days of registering your account to qualify for 300% of that amount in Bet Credits, up to a maximum of £30* in Bet Credits. Once released, your Bet Credits will be held in your account balance and are non-withdrawable.

To release your Bet Credits for use, you must place qualifying bets to the value of your qualifying deposit (capped at £10*) and they must settle within 30 days of claiming the offer. Only qualifying bets placed and settled after claiming the offer will count towards this requirement.

Apple Pay, Google Pay, PayPal, paysafecard and all other prepaid credit and debit cards, where available, cannot be used for either your qualifying deposit or any subsequent withdrawal of returns from Bet Credits stakes unless we have successfully verified an accepted form of your Identity Documents and you have entered a Postal Verification Code (PVC), or we have successfully verified two accepted forms of your Identity Documents. See full Terms and Conditions for details.

Bets placed must meet certain conditions to count towards the release of your Bet Credits:

- Must contain at least one selection at odds of 1/5 (1.20) or greater.

- In market/fixture combinations that only have two or three potential outcomes (for example Soccer Full Time Result), where you have placed bets on more than one potential outcome, either pre-match or In-Play, only the outcome with your highest cumulative stake will count.

- Where a stake has been partially Cashed Out, only the remaining active stake will count.

- Where a bet has been edited using our Edit Bet feature, only the new stake on the new bet will count.

- Fully Cashed Out, Instant Games, Gaming, void bets or In-Play bets which are settled as a push will not count.

Your Bet Credits are non-withdrawable, and Bet Credits stakes are not included in any returns. Any returns from Bet Credits placed will be added to your Withdrawable Balance. Bet Credits cannot be used on certain products, offers/promotions and bet types. See full Terms and Conditions for details.

Your Bet Credits will be forfeit and removed if your account is inactive for 90 consecutive days.

*or currency equivalent

T&Cs, time limits and exclusions apply.

All in all then this is another fair, easy to use and enticing bonus offered up by bet365 and for me it keeps them at the top of the pile. Challengers are coming left, right and centre these days in the online gambling world but this firm here continue to rise to the top.

Best Sign up Offers

Online Bookmakers Bookmaker's Promotion Amount Bet Now
Bet £10 and get £30 in free bets

New online customers only, min £10/ €10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply.

£30
£30 Matched Free Bet If Your First Acca Loses + 50 Free Spins

New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 50 Free Spins on Big Bass Bonanza (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.o

£30

Editor's Note: This blog post has been updated as of March 8th, 2023. FAQs added. New bonus terms and conditions added.