1. Which Types of Bonus Bets Does Sporttrade Offer?
Sporttrade Casino offers a variety of bonus bet promotions, each with its own set of terms and conditions. Here are some common types:
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Bet X, Get X: This promotion offers bonus bets after you place a qualifying wager. For example, "Bet $30, Get $60 in Bonus Bets" means that by placing a $30 bet, you'll receive $60 in bonus bets.
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Deposit Bonus / Deposit Match: This offer provides a bonus based on your deposit. For instance, "100% Match on Your First Deposit Up to $200 (Bonus Paid as Bonus Bets)" means Sporttrade will match your initial deposit with bonus bets, effectively doubling your betting power up to $200.
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No Deposit Bonus: This less common offer gives you bonus bets without requiring a deposit. For example, "Receive $25 in Bonus Bets Just for Signing Up" allows new users to start betting without making an initial deposit.
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Risk-Free Bet: If your first real-money bet loses, you’ll receive a refund in bonus bets. For instance, "First Bet Risk-Free Up to $250" means if your initial bet loses, you'll get the amount refunded as bonus bets.
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Site Credit: Similar to bonus bets, but if your bet wins, you keep both the stake and the winnings. An example could be "Earn $20 in Site Credit by Completing a Challenge," where users receive credit that can be used across the platform.
For the latest promotions and detailed terms and conditions, visit Sporttrade’s promotions page or their terms and conditions page. If you need further assistance, their customer support team is available to help.
2. Does Sporttrade Offer Bonus Bets for New Users?
Yes, Sporttrade 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 Sporttrade Sportsbook promos for new users at the top of this page.
3. Does Sporttrade Offer Bonus Bets for Existing Users?
Yes, Sporttrade 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 Sporttrade Bonus Bets?
To claim bonus bets on Sporttrade, the sports betting exchange platform, you typically need to follow these steps. Keep in mind that promotions may vary depending on your location and time, so it’s best to check their current offers:
Sign Up for an Account:
- If you're not already a member, create an account on the Sporttrade platform. You may need to verify your identity during the sign-up process.
Check for Promotions:
- Visit the Promotions section of the Sporttrade website or app to see what bonus bets or welcome offers are available.
- Offers can include deposit matches, free bets, or risk-free trades.
Use a Promo Code (if applicable):
- Some promotions may require you to enter a promo code when signing up or making your first deposit. Ensure you enter the code correctly to claim the bonus.
Meet the Eligibility Requirements:
- Make sure you fulfill all the conditions to qualify for the bonus. This often involves:
- Making a minimum deposit.
- Placing a minimum bet or trade.
- Following specific betting odds requirements (if applicable).
Activate Bonus Bets:
- After meeting the conditions, the bonus bets or credits should be added to your account automatically. In some cases, you may need to activate the bonus manually through the promotions page.
Use the Bonus Bets:
- Use the bonus bets on the platform according to the terms and conditions. Be mindful of any wagering requirements (e.g., minimum odds or playthrough requirements).
Check Expiry Dates:
- Most bonus bets have an expiry date, so use them before they expire.
5. What Was Sporttrade's Most Generous Bonus Bet Ever?
Sporttrade’s most generous bonus bet offer likely came during its launch phase in September 2022, as part of an effort to attract new users. One notable promotion was a $500 risk-free first bet, which allowed users to place their first bet on the platform without fear of losing their money. If the trade ended in a loss, the amount would be refunded in the form of bonus bets or credits up to $500.
This type of risk-free bet is considered one of the most attractive in the industry, as it gives users the confidence to explore the platform without the worry of financial loss. Additionally, there have been various deposit match bonuses and referral programs that enhanced the betting experience for both new and existing customers.
Sporttrade's early-stage promos helped build user engagement as the platform sought to grow in the competitive U.S. sports betting market.
6. What Sports & Leagues Can I Claim Sporttrade Bonus Bets on?
Sporttrade offers free bets and promos across a wide range of sports and leagues. Here are some examples of sports/leagues they cover, along with any sport-specific promotions where possible:
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NFL:
- Sporttrade often runs promotions around major events like the Super Bowl and NFL Playoffs, including risk-free bets and boosted odds on popular matchups.
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NBA:
- During the NBA Finals or Playoffs, there are frequently free bet offers tied to player performance or team outcomes, such as risk-free bets on prop markets (e.g., player points, rebounds).
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MLB:
- MLB promos often appear during the World Series or Opening Day, where Sporttrade users may receive deposit match bonuses or free bets when trading on games.
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NHL:
- Leading up to the Stanley Cup Finals, free bet offers are commonly available for new and existing users who trade on key games.
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UFC:
- Free bets and risk-free wagers are common around major UFC events, especially on title fights, with promotions like boosted odds for specific fighters.
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- For high-profile events like the World Cup or Premier League, free bet offers may be available for users betting on matches or player markets.
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Golf:
- Sporttrade provides free bet promos during major PGA events like the Masters or U.S. Open, rewarding users who bet on specific golfers or outcomes.
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- Grand Slam tournaments (e.g., Wimbledon, US Open) often see free bets or odds boosts, allowing users to place risk-free wagers on matches or outright winners.
- Grand Slam tournaments (e.g., Wimbledon, US Open) often see free bets or odds boosts, allowing users to place risk-free wagers on matches or outright winners.
7. Do You Need a Promo Code to Claim Sporttrade Bonus Bets?
While some Sporttrade 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 Sporttrade Have For Bonus Bets?
Sporttrade’s Terms and Conditions (T&Cs) for bonus bets typically include the following key points. These conditions ensure that users understand the rules for claiming and using bonus bets. While the specifics can vary depending on the promotion, the general T&Cs often include:
1. Eligibility
- Age Requirement: Users must be at least 21 years old and located in a state where Sporttrade is legally available.
- New Users: Some bonuses, such as welcome offers, are only available to new users who are signing up for the first time.
- Geographic Restrictions: The promotion may only be valid in specific U.S. states where Sporttrade operates.
2. Minimum Deposit/Bet
- Bonus bets may require a minimum deposit or minimum bet amount to activate, usually specified in the promo details (e.g., $10 minimum deposit).
3. Wagering Requirements
- There may be wagering requirements, meaning users must place bets totaling a certain multiple of the bonus amount before they can withdraw any winnings. This could be, for example, a 1x playthrough requirement.
4. Odds Restrictions
- Some promotions may limit the bonus bet usage to certain odds ranges (e.g., minimum odds of -200 or greater), to prevent users from betting on very low-risk outcomes.
5. Expiry Date
- Bonus bets often have an expiration period, typically between 7 and 30 days. If the user doesn't use the bonus bets within this timeframe, they will expire.
6. Withdrawal Limits
- While bonus bets can be used to place real-money wagers, only the winnings from these bets can be withdrawn, not the bonus bet amount itself. For instance, if you win a bet using a $50 bonus bet, you only withdraw the winnings, not the $50 stake.
7. Non-Transferable
- Bonus bets are usually non-transferable and cannot be exchanged for cash or transferred to other accounts.
8. One Per Household
- Promotions may be limited to one per household, IP address, or account to prevent abuse of the bonus offer.
Always read the specific terms and conditions of each Sporttrade bonus bet promotion to ensure you understand the rules and requirements.
9. Are There Any Risks With Sporttrade Bonus Bets?
While claiming free bets and 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 Sporttrade 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 and 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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