Wager Mage
Photo by Anastasia Shuraeva Pexels Logo Photo: Anastasia Shuraeva

What happens if you lose a bonus bet?

A bonus bet is basically free swing from a bookie. You place the bet and if it loses you don't lose any money. Bear in mind the Bookie will keep the bonus stake.

punthub.com.au - Bonus bets, what are they and why you are using them wrong! - Punt Hub
What does it mean to call a bet?
What does it mean to call a bet?

To call is to match a bet or match a raise. A betting round ends when all active players have bet an equal amount. If no opponents call a player's...

Read More »
Last updated Feb 19, 2018
Which is the best sport to bet on?
Which is the best sport to bet on?

With that in mind, here is our top ten list of the best sports to bet on. Football. In terms of what is the best sport to bet on, where else could...

Read More »
Last updated Dec 11, 2022

*** This is an opinion piece not financial advice ***

A bonus bet is basically free swing from a bookie. You place the bet and if it loses you don’t lose any money. Bear in mind the Bookie will keep the bonus stake. eg you put a $50 bonus bet on a horse paying $2. The horse wins and the return is $100, the bookie keeps the $50 bonus stake and you keep the other $50. Pretty much everyone…. AT THE START! If you open an account with a bookie you are at skinny odds to get a deposit match offer via email or text. Something along the lines of “deposit $50 and get $50 in bonus bets” or “Place a racing bet and if it loses we’ll refund it in bonus bets up to $100” 2. People that hedge their bonus bet with the same bookie. If you are going to hedge or arb your bonus bet DO NOT do it with the bookie that gave you the bonus. This will almost certainly get you promo banned. If this is how you wish to use your bonuses hedge it on Betfair. 1. Sharp punters, if you are beating the bookie and I mean actually beating them (I’m not talking about that 1 time you landed a $2000 multi but have blown more either side of that win” they are simply not going to give you bonus bets. In addition to that you will probably get an email saying that you are not eligible for promotions and offers.

What should I use my bonus bet on?

“Any tips today? I need to turn over a bonus bet”

“I need a sure thing to rinse a bonus bet”

There is no definitive answer. For me I like to use the rare and elusive bonus bet on a roughie, hear me out! Bonus bets are usually of small value. I personally don’t see the point of crunching numbers, doing form and “safely” placing the bet when I will not win any more than I would using my own money. Like I said above…. $50 bonus bet at $2 odds gives you $50 profit after the bonus stake is returned. Bet $50 of your own money at $2 odds and you get the same result of $50 profit. The bonus is simply insurance. If the bet loses you don’t! I would much rather have my bonus on an underdog in the footy or a horse paying big odds that could run a big race. If it wins happy days, if it loses meh! Think of a roughie bonus as zero risk v high reward and a safe bonus as zero risk v low reward.

Where can I get a bonus bet?

Unfortunately I cannot give you a definitive answer here. What I can say is if you join up to one of the bookies below by clicking the logo and email your username and sign up email to us at info@punthub.com.au we can discuss options since you are now a customer of that bookie. If you have a dormant account that you haven’t used for a long time flick us an email with the details and we might be able to hook you up.

Why do casinos always win?
Why do casinos always win?

The House Edge No matter what game you choose to play, the odds of the casino winning your money are greater than the odds of you winning the...

Read More »
Last updated May 1, 2022
What is under 4.5 in bet?
What is under 4.5 in bet?

Over/Under 4.5 Explained In a match, it is obviously impossible to score half a goal. As a result of the . 5, it becomes a two-outcome wager...

Read More »
Last updated Oct 30, 2019

Which bank has the highest bonus?

Best checking account bonuses Citibank: up to $2,000 bonus. BMO Harris: up to $350 bonus. SoFi: up to $250 bonus. TD Bank: up to $300 bonus. M&T Bank: up to $200 bonus. Chase Bank: $200 bonus; $100 bonus for college students. Huntington National Bank: up to $300 bonus. America First Credit Union: $100 bonus. More items... •

bankrate.com - Best Bank Account Bonuses For December 2022 - Bankrate

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.

How We Make Money

The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.

Who can withstand the most pain?
Who can withstand the most pain?

In animals, pain studies have had every possible outcome: males have higher tolerance, females do, and there is no gender difference at all. "Human...

Read More »
Last updated Sep 10, 2022
What is a sober bar called?
What is a sober bar called?

A temperance bar, also known as an alcohol-free bar, sober bar, or dry bar, is a type of bar that does not serve alcoholic beverages. An alcohol-...

Read More »
Last updated Mar 13, 2019
How much is too much in savings?
How much is too much in savings?

In the long run, your cash loses its value and purchasing power. Another red flag that you have too much cash in your savings account is if you...

Read More »
Last updated Mar 12, 2019
What does 4.5 corners mean?
What does 4.5 corners mean?

Under 4.5 corners. (-110) If you bet on over 4.5 corners and the first half produces six, you'll win your wager. However, if you place the same bet...

Read More »
Last updated Jul 14, 2019