If you have recently signed up with bet365 Sport using the deposit and bet £10, get £50 in the Free Bets welcome offer. You will likely have some bet365 bet credits to spend your way through!
In this article, we will explain precisely what bet credits are. How can you get and use them, and what is the difference between bet credits at bet365 and free bets with another bookmaker?
Let’s look at bet365’s bet credits, starting with what they are precisely.
What are bet365 Bet Credits?
Bet365 bet credits are rewards added to your bonus balance at bet365 Sport rather than your standard account balance.
The main difference between these two accounts is that while you can withdraw what is in your standard account balance, you cannot withdraw any bet credits in your bonus balance. However, you can use them as part or an entire stake in a qualifying bet.
At bet365, the term Free Bet usually applies specifically to bet credits. For example, in the welcome offer, which promises £50 in free bets for a £10 deposit and spend for new customers, the free bets are paid as £50 in bet credits.
How can I get bet365 Bet Credits?
Bet Credits used to be widely offered as prizes on promotions at bet365 Sport, but that practice has diminished over the last few months.
The best way to get bet365 bet credits is to sign up using the bet365 Welcome Bonus, where a £10 deposit and bet gets you £50 in Free Bets, paid as bet credits.
In the future, bet credits may be offered as prizes for other short—or longer-term promotions at bet365 Sport, so it is a good idea to keep up with the latest offers on the site.
What are the main T&Cs for bet365 Bet Credits?
This is arguably the most critical aspect of bet365 bet credits and, therefore, one you should ensure you have a good grasp of the key terms and conditions before you start to use any bet credits you may have.
There are several conditions that govern the use of bet credits. The most common of those are:
- Bet Credits can only be used on qualifying markets (usually selections of odds of at least 1.50 or greater).
- Bet Credits have a time limit and will expire if not used within that limit.
- Bet Credits can be used as full or part payment for a stake on a qualifying bet.
- Bet Credits do not all have to be used as a single bet. £10 in bet credits can be spent as two £5 free bets, four £2.50 free bets, or any combination, adding up to £10 in bet credits.
- Bet Credits have a 1x wagering requirement on the credit. Once the bet credit is used, if you land a win with that bet, the winnings will be paid into your standard balance account. There is no wagering requirement on any bet credit winnings.
- Bet Credit stakes are not returned alongside winnings from a successful bet credit bet.
- If you have eligible bet credits for a bet, the option to use them will be displayed on your bet slip.
Other than following these conditions, bet credits at bet365 Sport have great flexibility and value for a new or existing customer.
How to use your bet365 Bet Credits
Here’s a simple guide to how to use your bet credits at bet365 Sport.
- Log in to your bet365 Sports account.
- Peruse the different betting markets available.
- Add one or more selections to your bet slip.
- When finished, open the bet slip and select the type of bet you wish to make based on your selection(s).
- If you have bet365 bet credits available and can use them for this bet, they will be displayed at the bottom of the betting slip. Click on the check box to use bet credits for this bet.
- Click the Place Bet button, and your bet will now be running.
Repeat this process to use up all your bet credits within the allotted time scale to take full advantage of the free bet bonus.
If, for some reason, your bet is not eligible to be used with bet credits when you have them available, then the option to use them will not be selectable on the bet slip.
If your bet goes on to win, you will receive the winnings portion of the returns, but not the bet credits.
Outlined below is an example of how bet365 bet credits can be used.
Using bet365 Bet Credits – An Example
- Punter A has £10 in bet credits with bet365, plus £50 remaining on his standard cash balance.
- He places a £5 bet on Liverpool to win away to Manchester City at odds of 2/1 using bet credits.
- After the bet has been placed, he now has £5 remaining in bet credits and £50 in his cash balance.
- If his bet loses, he still has £5 in bet credits remaining and £50 cash in his balance.
- However, if his bet wins, he will have £5 in bet credits remaining, and his cash balance will increase with the winnings from the bet of £10, meaning that it will now be £60.
Open Account Offer:
Bet £10 Get £50 in Free Bets
Min Deposit: £5 – Expiry: 30 days – Min Odds: 1/5 (1.20)
New Customers only. Bet £10* & Get £50* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. The bonus code BET247 can be used during registration, but does not change the offer amount in any way. Registration Required.
My Top Tips for Using Bet365 Bet Credits
I’ve used bet365 bet credits many times, both receiving them through welcome bonuses, other promotions or as prizes in some of the current and former free-to-play games on the site. They can provide a very useful source of additional revenue over time and I always make sure I get the most out of the bet credits by following this guidance:
- Always play free-to-play games or participate in promotions offering bet credits or other free items.
- If you receive bet credits, use them ideally on the same day or within 24 hours. It is easy to forget you have them available if you don’t use them shortly after they are awarded.
- Check your account to see if any offers or special promotions are available to you.
- Use bet credits as you would your cash when making bets. It may be a free bet, but you don’t want to throw all your bet credits away by making a bad bet using the entire balance. Research your bet and place bets responsibly with bet credits as you would your standard balance.
- Finally, if you do get a bit of luck using bet credits, withdraw the money and treat yourself or your friends and family. Many people leave bet credit winnings in their account as ‘extra’ funds. Which they then usually lose wagering with the bookmaker. Why not withdraw winnings and use them for a treat? I once placed a £5 bet credit bet with bet365 that resulted in a very lovely 9/1 win double. I withdrew the £45 from that win and treated the family to an evening at the cinema.
What is the difference between bet credits and free bets at bet365?
There is no material difference between bet365 bet credits and free bets at bet365 or any other bookmaker. Both offer the option to make a sports bet for free.
Bet Credits at bet365, however, are more flexible as if you have £10 in bet credits with bet365, you can opt to place them as a £10 single bet, 10 x £1 bets, 20 x £0.50 bets or 5 x £2 bets or indeed any combination to use up the £10 in bet credits.
With Free Bets, you usually have to wager the entire free bet amount in a single bet. For example, if you get a free £5 bet with Joe Bloggs bookmaker, then you have to wager that as one £5 free bet.
Both bet credits and free bets do not see stakes returned if you land a winning bet when using either of these types of promotional bets with a bookmaker.
Bet365 Bet Credits FAQs
Q. Can I withdraw any bet365 Bet Credits?
A. No, you can’t withdraw bet credits; however, once you have wagered the bet credit on an eligible bet, any winnings attributable to that bet can be withdrawn.
Q. Do Bet Credits expire?
A. Yes. Usually, when you receive bet credits at bet365, they come with a time limit within which they must be used. If they are not wagered within the time frame, then the Bet Credits will expire and be removed from your account.
Q. Do I get my Bet Credits stake returned with any winnings?
A. No. As is standard with almost all of these kinds of bet credit or free bet offers, your bet credit stake is not returned along with your winnings if your bet is successful.
Q. Can I use my Bet Credits as a partial stake on a bet and use my balance for the remaining stake?
A. Yes. You can combine bet credits you own along with cash from your balance to comprise a stake in a bet. However, the rule about you not receiving back your bet credit stake alongside any winnings still applies. You will receive back the portion of your stake you used from your cash balance but not the bet credit part of the stake.
Q. Why can’t I use my Bet Credits on this bet?
A. If you have bet credits available at bet365 Sport and have made up a bet but the option to use bet credits is not available, then the likelihood is one or more of your selection(s) are not compatible with Bet Credit terms and conditions. This may be that a selection is not of high enough odds to qualify for a bet credit bet, or the bet itself is not permitted to be used with bet credits.
Q. Can I use my bet365 Bet Credits at bet365 Casino/Vegas/Poker/Bingo?
A. No, bet365 bet credits are to be used with bet365 Sport and sports bets only.
Always remember to gamble responsibly.
Check out bet365’s Safer Gambling page for more details.
