Can You Cash Out on Bet Credits?

Source: telegraph.co.uk

Online betting is no longer a trend. It is now how things are done. Are you a fan of any online betting house? You probably are. Modern sports betting can’t be imagined without our smartphones, the internet, and betting apps. It is a part of the everyday life of every sports fan out there. Betting on sports and following scores is what everybody does on the weekends. Right? It probably is. Now that the Premier League season has started, and Seria A is upon us, there are so many sports events that it’s hard to count. We’re not even going to dwell on the upcoming NFL season.

Sports events are numerous and betting was never easier. Those are two facts. Using a betting app is a must, and we’re sure you’re using one. Maybe even right now as we’re speaking. There’s no shame in it, all of us do it. But, do you know the in-depth rules of betting on the service you’re using? The chances are that you probably don’t. let’s take Bet365 as an example. They have various perks for their players you won’t believe exist. One of those that players love the most is called bet credits.

Source: telegraph.co.uk

As its name suggests it is free credit for betting. As a loyal player, you’ll get these all over the time. This is common practice in most betting services. But, players often take things for granted, use these credits, play, and are later left baffled by the results of their latest bet. Why does this happen? The reason is simple. They do not have a complete understanding of the process of reward behind the bet credits. Some of them even want to cash out when they receive these onuses without even playing. This begs the question can you cash out on bet credits?

This is a great question. A fair one. First, we’re going to ask why would anyone try to do this, but not all of us are the same. When you get free money for betting, you bet. It’s that simple. But, the first question needs to be answered. Is a cash-out possible in a situation like this? The answer is straightforward and it is – no! you need to wager. This bonus is given out to allow you to continue playing once your deposit runs out. Its purpose is to allow you another shot at winning. Things change drastically once you win with your bet credits. After a win, a cash-out is available but only under certain conditions. Your win needs to be bigger than the amount you put forward the bet out of your bet credit.

Source: nerdsofgambling.com

You need to understand that these funds are non-withdrawable. To benefit from these bonuses in addition to entertainment and the sense of betting, you’ll need to win money. Let’s say for example that you receive a $50 bonus. You t it all towards a bet that lands you $150. You’ll receive $100 to your withdrawable account while the $50 will still count towards your bet credit. So, to conclude it is not possible to make a cash out with bet credits only.