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A bonus bet is a voucher which PointsBet may provide to you to place a stake on an outcome at no risk to yourself. Bonus bets are given to customers for reasons such as: Racing/Sport Promotions, Marketing offers via email/sms or our Rewards points.
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To check if you have any bonus bets, head to your 'My Rewards' section. If you have any bonus bets they will be displayed here.
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If you have a bonus bet in your account, simply click on your desired market/selections and click the ‘Bonus Bet’ button in your bet slip.
This will then provide you the option to choose which of your bonus bets you wish to place on this selection.
Select your desired bonus and click PLACE BET and CONFIRM BET.
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When you place a bet using a bonus bet the winnings are calculated differently to a cash bet. 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 ($20 x $10 = $200) and then subtracting the stake of the bet ($200 - $20 = $180).
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Due to a legislation change in early 2019, Australian bookmakers are no longer able to advertise deposit bonus offers or offer new clients any bonus as an incentive to create a betting account. As a result, PointsBet is unable to promote any deposit offers to the public. Whenever an existing account holder is eligible for a bonus bet or deposit bonus offer, PointsBet’s Marketing Team will contact the relevant clients directly by email or SMS.
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All winnings from bonus bets are not subject to turnover requirements and can be withdrawn immediately. However, as with all deposits into a PointsBet account, when receiving a deposit bonus offer the deposit amount must be bet through at least one time at any odds before a withdrawal can be made.
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