Sports betting: how betting bonuses are really measured

Sportsbook bonuses follow different rules from casino offers. Wagering is counted in bets, not spins, and odds that are too short can mean a bet does not count at all. This guide does not tell you what to bet on; it shows how to read a betting offer before you claim it. Current Magnumbet terms appear with the offer in your account.

Four rules specific to betting offers

RuleMeaning
Minimum oddsOnly bets above a threshold count towards wagering
Bet typeSome offers require accumulators with a minimum number of selections
Void bets and cash outUsually excluded from wagering
DeadlineWagering must be completed within a number of days

A wagering example

Bonus 50, wagering 5x, minimum odds 1.80 (illustrative example, not a Magnumbet term): you must place 250 in bets, each at odds of 1.80 or more. A 25 bet at 1.50 adds nothing to progress, even if it wins.

Free bets

A free bet is a stake you do not pay for. Usually a winning free bet returns only the profit, not the stake. A 10 free bet at 3.00 returns 20, not 30 (illustrative example, not a Magnumbet term). Free bets can carry minimum odds and expiry too.

Cash out and bonuses

Cash out closes a bet before the event ends. With a bonus active, cashed-out bets are often excluded from wagering or can void the offer. Read the clause before using it.

Guides by sport

Casino and sportsbook in one account

A casino bonus usually does not count towards sportsbook wagering, and vice versa. Some sites do not allow two active bonuses at once. Check your active offer in bonus before your first bet.

Frequently asked questions

Do short-odds bets count towards wagering?
Usually not if they are below the minimum odds in the offer terms.
What do I get from a winning free bet?
Normally only the profit; the free-bet stake is not returned.
Can I cash out with an active bonus?
Cashed-out bets are often excluded from wagering; check the terms.
Can a casino bonus be used on sports?
Usually not; casino and sportsbook offers have separate terms.

All guides in this section

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