1. Which Types of Bonus Bets Does BetPARX Offer?
BetPARX offers several types of bonus bets, each with its own set of conditions. Here are some common types:
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Bet X Get X: This promotion rewards you with bonus bets after placing a qualifying wager. For example, you might find an offer like “Bet $25, Get $50 in Bonus Bets,” where you receive a specified amount of bonus bets after placing a qualifying bet.
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Deposit Bonus / Deposit Match: This offer gives you bonus bets based on your deposit amount. For instance, “Get a 100% Match on Your First Deposit Up to $250 (Bonus Paid in Bonus Bets)” means your deposit is matched with bonus bets.
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No Deposit Bonus: A rarer offer that provides bonus bets without needing an initial deposit. For example, “Claim $10 in Bonus Bets Just for Signing Up.”
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No-sweat bet: This allows you to place a bet with real money, and if it loses, you receive a refund in bonus bets. An example could be “First Bet Risk-Free Up to $500,” where your initial losing bet is refunded as bonus bets.
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Site Credit: Similar to bonus bets, but if your bet wins, you keep the stake. For example, “Complete a Task to Earn $20 in Site Credit.”
These promotions can vary based on current offers and events. For the most up-to-date information, visit betPARX’s website or contact their customer support.
2. Does BetPARX Offer Bonus Bets for New Users?
Yes, BetPARX Sportsbook offers bonus bets for new users, typically referred to as welcome bonuses or signup bonuses. These promotions are usually the most generous offers available, designed to attract new customers. You can find the latest and best BetPARX Sportsbook promos for new users at the top of this page.
3. Does BetPARX Offer Bonus Bets for Existing Users?
Yes, BetPARX also offers bonus bets for existing users, though these are generally less generous than the welcome bonuses. These are often called reload or ongoing offers and can include promotions like profit boosts, enhanced odds, and bonus bets.
If you’ve already used all of your welcome bonuses, check out how you can maximize the profits you make from reload offers here.
4. How Can I Claim BetPARX Bonus Bets?
To claim bonus bets on betPARX, follow these steps:
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Create or Log Into Your Account: Sign up for a new betPARX account or log into your existing one.
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Check Promotions: Go to the Promotions section on the betPARX website or app to find current bonus bet offers.
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Opt-In or Use a Promo Code: Some promotions may require you to opt-in or enter a specific promo code during registration or when making a deposit.
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Meet Requirements: Ensure you meet any qualifying conditions, such as placing a minimum bet or making a required deposit to unlock the bonus bets.
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Receive and Use Bonus Bets: Once you fulfill the requirements, the bonus bets will be credited to your account. You can then use them on eligible wagers as per the promotion’s terms.
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Review Terms and Conditions: Always check the specific terms and conditions for each bonus bet offer, including expiration dates, minimum odds, and any wagering requirements.
For the most current promotions and detailed instructions, visit betPARX’s promotions page or contact their customer support.
5. What Was BetPARX's Most Generous Bonus Bet Ever?
BetPARX’s most generous bonus bet offer has typically been a $1,000 No-sweat bet for new users. This promotion allowed new customers to place their first bet up to $1,000, with the assurance that if the bet lost, they would receive a full refund in bonus bets.
Additionally, BetPARX has offered substantial deposit match bonuses, such as a 100% match on the first deposit up to $250, where the deposit amount is matched with bonus bets. These promotions are designed to attract new users and provide significant value, reducing the risk of initial wagers. Specific offers can vary based on timing and location.
6. What Sports & Leagues Can I Claim BetPARX Bonus Bets on?
BetPARX offers bonus bets on a variety of sports and leagues, often tied to specific promotions. Here are examples of sport/league-specific promotions:
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NFL: BetPARX frequently offers bonus bets during the NFL season, such as “Bet $50 on any NFL game, get a $25 bonus bet for the playoffs.”
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NBA: During the NBA season, promotions might include “Place a $50 bet on any NBA game, get $20 in bonus bets for the Finals.”
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MLB: For MLB games, BetPARX may offer “Bet $100 on any World Series game, get $50 in bonus bets.”
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NHL: NHL events often feature bonus bet promotions like “Bet $50 on any playoff game, get a $20 bonus bet.”
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UFC: For UFC fights, BetPARX might run offers such as “Bet $100 on a UFC fight, get $50 in bonus bets for the next event.”
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Soccer: During major soccer tournaments like the FIFA World Cup or UEFA Champions League, BetPARX could offer “Bet $50 on any match, get $25 in bonus bets.”
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Golf: For major golf tournaments like the Masters, BetPARX might promote “Bet $100 on the Masters, get $50 in bonus bets.”
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Tennis: During Grand Slam events like Wimbledon, you might find offers such as “Bet $50 on any match, get $25 in bonus bets.”
These promotions can vary based on current offers and events. For the latest promotions, check BetPARX’s promotions page.
7. Do You Need a Promo Code to Claim BetPARX Bonus Bets?
While some BetPARX promos require a code to be claimed, most of their promos in fact do not. And can be unlocked by anyone by following a few simple steps.
For sign-up bonuses/welcome bonuses, this will usually require signing up to the sportsbook using the correct link, depositing and making your first bet. Whereas for ongoing offers you may need to opt-in to certain promos and seek out special reload bonuses sent to you via email.
However, these steps can differ depending on the promo type you’re using, so always make sure to read the T&Cs attached to the offer. Or better yet, learn the simple steps you can follow to convert your offer into guaranteed cash (see section 10).
8. What T&Cs Does BetPARX Have For Bonus Bets?
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Eligibility: Bonus bets are often available to new customers or as part of specific promotions. Geographic restrictions may apply.
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Qualifying Bets: You may need to place a qualifying bet or meet certain conditions, such as a minimum deposit or bet amount, to receive bonus bets.
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Expiry: Bonus bets typically have an expiration period, usually between 7 to 30 days from when they are credited.
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Wagering Requirements: Winnings from bonus bets might need to be wagered a certain number of times before withdrawal. The stake from the bonus bet is usually not included in winnings.
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Restrictions: Bonus bets may be limited to certain sports, leagues, or bet types.
For detailed and current information, review BetPARX’s official Terms and Conditions.
9. Are There Any Risks With BetPARX Bonus Bets?
While claiming bonus bets can be a great way to maximize your betting profits, it's crucial to be aware of their potential risks.
Four of the most notable risks attached to bonus bets/bonus bets are:
- No Guaranteed Winnings: Whether it's a $150 bonus bet, a $1,000 risk bonus bet or a 50% deposit bonus, if you place your bonus bet on a losing bet you will still come away with no more cash than when you started.
- Risk of Losing Money: One of the most common ways bettors lose money through promos is through risk bonus bets. Let's say you're gifted a $500 risk bonus bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a bonus bet). Place this bonus bet on the losing side and you've just lost $500 to the sportsbook.
- Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
- Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.
But it isn't all doom and gloom. There is one way you can guarantee profits from bonus bets, risk-free, every time.
Sound too good to be true? Read the next section.
10. How to Guarantee Profit From BetPARX Bonus Bets
While it's true risks can arise when claiming bonus bets, one clever technique exists that can remove them and guarantee you profits from promos every time.
Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into guaranteed cash.
Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes and remove the risk. Repeat this process using your new promo and voila! You've locked in a guaranteed profit.
And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal.
11. Why Choose ProfitDuel?
At ProfitDuel we have over 10 years' experience in the matched betting industry at the highest level. In that time we've helped 400,000+ members in the US & Europe earn guaranteed profits in the $1,000s each month converting sportsbook promos like bonus bets.
How exactly? By taking the complex-sounding promo conversion process we touched on in the last section, and creating intelligent software, easy-to-follow strategies and expert one-to-one customer support to make it insanely simple.
Not sold yet? Read the 5 simple steps to converting sportsbook promos in our free guide to see just how easy it can be to add $1,000s to your monthly income.
When you've done that and you're ready to start earning guaranteed profits, sign up to ProfitDuel using our limited-time offer: 7 days ProfitDuel Premium for $1.
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