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32Red Deposit Bonus Code 2017 | All Terms Explained
32Red, part of the 32Red PLC group, is a relative newcomer as it was only set up in 2002. It is fully licensed and has a UK Gambling Commission Licence as well as being a Gibraltar Betting and Gaming Association member, the jurisdiction in which it's based. From the look of the website, 32Red's big passion is for casino games but football fans will recognise the logo because it sponsors Leeds United and Rangers FC. This love for football is evident when you visit the sportsbook because you can place a bet on teams playing across a great range of leagues, in the lower divisions as well as the big guns. You'll find many thousands of games, some of which have more than 100 markets available. In addition, you'll find all the most popular sports including horse racing, rugby, darts and cricket. If you're signing up to the sportsbook, you can enjoy a welcome profit boost up to a maximum of £100 on your first in-play bet. We'll be looking at whether you need any 32Red bonus codes and how to qualify for the free bets. In our more general 32Red review we look at the company in greater depth and see how it stacks up against the best UK betting sites.
32Red deposit bonus: Boost winnings by up to £100
In our 32Red bonus review we will be reading all the small print to see how easy it is to use this free offer. All the best online bookmakers offer a sports betting bonus and 32Red is no exception with a profit boost of up to £100 when you place your first in-play bet. In-play betting is a lovely feature to add to the excitement of watching a match. You can see how well your prediction is doing or decide to cash-in your bet if you're having an off day. To get the 32Red deposit bonus you need to opt-in to the offer in the Promotions section and decide which option you want. You can choose from a sliding scale from 100% on a maximum £10 bet all the way down to a 10% boost on maximum £100 bet. Once you've chosen, make your in-play bet at odds of evens or above. Then, providing you've picked a winner, your winnings will be boosted by your chosen percentage up to a maximum of £100. You do need to opt in but you don't need to remember any 32Red bonus codes. It is certainly one of the most interesting offers we've found, and we think it's a great alternative even to the best free bets offers.
Bonus Overview: Top attractions of the 32Red offer
- Up to £100 profit boost on your first in-play bet
- Bet must be at odds of evens or more
- You need to win to get the 32Red bonus
- Can use the bet on any in-play sport
- 10 profit boost options to choose from
- Open to new and existing customers
- Profit boost calculated on net profit, excluding the stake
Detailed 32 Red promo code & signup bonus
While you don't need to remember a 32Red bonus code, you do need to go to the Promotions section to opt in for the 32Red sign up bonus. Remember to do this before you make your first in-play bet or you will miss out on the 32Red sign up bonus. You then have to decide how much you are going to wager on your first in-play bet as this affects the percentage profit boost. For instance, if your wager is a maximum £10 bet, then you get a 100% boost, 90% on £20, 80% on £30, 70% on £40, 60% on £50, 50% on £60, 40% on £70, 30% on £80, 20% on £90 or 10% on a £100 bet. Basically you are increasing the odds on your first in-play. For instance, if you chose the maximum £10 bet to get the 100% profit boost and you picked a game with odds of 4/1, you will actually be given odds of 8/1.
Once you have clicked the opt in button, you will need to go to the in-play section of 32Red to choose your bet with odds of evens or greater. When this is added to your betting slip, the profit boost appears. Select to use this promotion on your first in-play bet. Then, if it comes off, 32Red will boost your winnings by the percentage you chose up to a maximum of £100. Now that that's the 32Red deposit bonus terms explained, we'll look at the bonus conditions.
Bonus conditions of the 32Red promotion
- Name: 100% Profit Boost
- Bonus type: Profit boost on a winning in-play bet
- Maximum bonus amount: <£100
- Able to be cashed out: Yes but you cannot cash-in your in-play bets with the profit boost promotion
- Betting requirement: Maximum £10 bet for a 100% boost, 90% on £20, 80% on £30, 70% on £40, 60% on £50, 50% on £60, 40% on £70, 30% on £80, 20% on £90 and 10% on a £100 bet.
- Minimum odds: Evens
- Bonus code: No 32Red bonus code but you need to opt in to the promotion
32Red Deposit Bonus Terms explained
It's probably better to take a look at your in-play bet before deciding on which betting option to pick. That way you can make sure your bet meets the 32Red bonus requirements. For example, you can't place a bet where the boost amount exceeds £100 so you won't be able to place your bet unless you lower your odds. For example, on the maximum £10 bet to get the 100% profit bet, if you tried to place £10 on a 14/1 bet, it would become a 28/1 bet. The potential payout would be £290 rather than the £150 it would have been at 14/1 (odds plus original £10 stake returned). As the boosted amount exceeds £100 you cannot place your bet, although the system will do the maths for you and tell you the maximum stake you can place on the bet. That's the maths bit of the 32Red deposit bonus explained but, don't worry if it's difficult to get your head around, because like we say, the system will let you know whether your bet is allowed or not.
The cash-in option is disabled for these boost bets. If your bet is made void, your stake will be returned and you can use your profit boost for another wager. Finally, if you make deposits using Skrill or Neteller you do not qualify and the offer is only open to UK and Ireland registered customers with just one profit boost per household. However, 32Red bonus withdrawal is allowed, which is good news.
The first deposit at 32Red – All the details
32Red deposit & withdrawal can be made using MasterCard and Visa credit cards as well as MasterCard, Visa Debit and Visa Electron debit cards ,PayPal, Neteller, Skrill, ECOPayz, Entropay, Paysafecard and by wire transfer. No fees are charged on transactions but the minimum deposit is £10. In order to make your deposit you should log in and go to the ‘bank' section. Here you'll be guided in how to make your deposit. In terms of withdrawals, all withdrawal requests are subject to a holding period of 24hours before they are processed. Bear in mind that because of this 24h hold, withdrawal requests made after 3pm on a Thursday won't be processed until Monday due to banking hours.
The review of the 32Red bonus: Incentive to make in-play bets
Although the sliding scale of the percentage received in the profit boost may take getting used to, the good news is that 32Red does the maths for you when you try to place a bet. You can see your potential enhanced winnings and whether your bet is eligible. If it isn't eligible you will see the maximum you can wager to meet the terms and conditions. In-play is a popular type of bet, particularly if you watch the game live at the same time, then you can see how well you are doing, feel the adrenaline rush of knowing you are in for a big win with enhanced odds and the chance to get up to £100 extra in your balance if you have played your cards right.
The 32Red welcome bonus is available to new and existing customers without any time limit – it just needs to be the first time you have placed an in-play bet with 32Red. It is easy to sign up for as you just need to click on the promotion and decide which profit boost is right for you. You could stick to the amount you usually wager or ‘go large' in the hope of winning extra money. It is an interesting bonus because you are increasing the odds on the bet selected rather than being given £10 in free bets for placing a £10 wager. Getting much better odds is a great incentive to try a new sportsbook or try in-play for yourself. With the 32Red bonus explained, we will look at some betting strategies to help you take advantage of this promotion.
5 expert tips for the 32Red sign up bonus
1.)Do your homework
If you are going to bet in-play, it is advisable to stick to a sport or a team that you know. Read up about the game and look at the statistics. There's no point betting on a team to score in the final five minutes if they are well-known for hankering down and defending in the last quarter of the game. There are plenty of statistics available to show previous form and how teams or players fare head-to-head. You could download betting apps so that you always have these figures at your fingertips. You may also have more prior sports knowledge than you think. If you've been keeping up with a team for a while, or have particular interest in a specific player, use that knowledge to your advantage. Think about the consistencies of the players and the team as a whole. Being able to predict more or less the strategy or tactics of a team is invaluable information for a bettor. If you're beginning to do more research to improve your betting strategy, then start with a narrow focus and then broaden your scope. Begin by reading up on a player. Once you feel you know all there is to know, more on to another. This strategy is available to anyone who is willing to spend a little time and energy doing some research.
2.)Use the Red32 app
If you are out and about, then you will want to keep in touch with your in-play bet. You can download the Red32 app to keep an eye on the scores and see how your bet is faring. You can place bets, make deposits or withdrawals and play in the Red32 casino too, if you fancy it. This is a great way to take advantage of the 32Red bonus explained above – you could even place your in-play bet from the pub when you're watching the match! Being tied to a computer can be very restrictive, especially in an industry where the odds change by the minute. Punters get the most out of their experience when they use all of the resources at their disposal. That means reading blogs, checking stats and using the convenient app. The app has the same great style and feel as the Mr Green website, so you'll feel right at home using it. Make the most of your in-play and keep up with the action as you make your own moves.
3.) Keep the odds low
You have to wager at odds on evens of greater but you do not have to go mad with your bet – unless you feel the bookies have got it wrong when compiling the odds or it compares favourably when you look at the betting odds comparison with its competitors. In a bid to get your hands on what is effectively free cash, you could go for odds of 2/1 knowing you will get 4/1 if you've picked the 100% profit boost. This way, you have more chance of winning and will have £50 to play with from a £10 wager. This is a very low risk wager and a smart way to play. When you're taking advantages of bonuses as a beginner, it's best to keep your bankroll full and place safe bets that wont drain your account. Picking lower odds on the markets where you're still experimenting is a low stress way to play and it will really pay off in the long run. You'll make profits and avoid blowing the bonus on a big bet.
4.) Keep an eye on your bank balance
With in-play betting, the size of your stake should be a proportion of your betting money. However, the more value you think there is in a bet, the more money you should stake. If you feel a bet is risky, put a smaller percentage of your betting bankroll on it. The aim is to increase your balance so you are always betting with your profits and not having to keep topping up your account. It's never a good idea to stake your whole profit. Instead, work with bits of what you have and grow them slowly. While placing bets with smaller stakes may not seem as exciting, it's worth it seeing your profit growing little by little. Eventually you'll have the capital to stake bigger bets and maybe even consider a riskier wager. Avoid doing this without a set strategy or good background knowledge on the fixture.
5.) Keep your eye on the ball
Before you make a bet, look at each team's motivation for winning – are they in the drop zone or trying to make the play-offs? If they're sitting safely in mid-table, they may not have much will to win but other teams will be more motivated. This comes in handy for in-play betting as you can work out whether a team is going to fight until the final whistle and bet accordingly. There are plenty of great outlets available for keeping up with sports news and statistics. There are even a great deal of sports betting blogs where experts share their tips and tricks of the trade. You might get a great tip on which team to back. They may even reveal their own strategies that you can try out for yourself.