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A Bonus Bet could be given to you by PointsBet for a number of reasons: such as when you make a deposit, if you received a code from our Marketing team, or if you make a specified bet on a promotion.
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You will find your Bonus Bets by clicking the drop-down arrow in the top right corner, and then clicking bonuses on the drop down.
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Yes, Bonus Bets will expire 14 days after they are issued. You can see your Bonus Bets expiration date on the Bonuses page.
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No, you can split your Bonus Bet equally up to 4 times. This can be done on your Rewards page.
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To use your Bonus Bets, select the market you would like to bet on and proceed to the bet confirmation screen. On that screen tick the ‘Use Bonus Bets’ box and bonuses that are eligible will appear for you to use. Select the one you want and submit.
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If you win a wager using a Bonus Bet, you receive the winnings from the Bonus Bet as cash funds. You do not receive the stake back as either bonus or cash funds, it is one time use. For example, if you use a $100 Bonus Bet at +100 odds and win, you will receive $100 in your account balance, not $200. If the event you used your Bonus Bet on is a push or gets cancelled, your Bonus Bet is refunded to your 'Bonuses' section to be used again.
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Bonus Bets cannot be used on promotional markets. This will be stated in the Terms of each promotion listed, so if a bonus bet is used on that market, it is considered a normal bet and will be paid out as such.
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An In-Play Only Bonus Bet means that it can only be used for a live bet. The best way to utilize this is to click menu on the bottom left, then “Live”. This will have all the markets to which this Bonus Bet will apply. You can see if your Bonus Bet is in-play only on your Rewards page.
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An All-Sport Bonus Bet means that there will be no restrictions on the market you use this bet on. You can see if your Bonus Bet is All Sport on your Rewards page.