bwin Deposit Bonus Code – All Terms Explained
Bwin (Bet and Win),one of the most-recognised online bookmakers around the world, was founded in 1999 under the name Simon Bold. In 2001, Bwin Interactive Entertainment AG took it over. Bwin stands for “Bet and Win.”
In March 2011, PartyGaming Plc and Bwin Interactive Entertainment AG merged to form the current parent company, bwin.party digital entertainment plc. Registered in Gibraltar, bwin’s parent company is publicly registered and trades on the London stock exchange.
Bwin’s offer includes the ubiquitous offering in online gambling: sports, live betting, casino, live casino, poker, and games. It by far enjoys one of the biggest brand equities worldwide. It is known for having an extensive sportsbook in top European markets, particularly in football, and is rated among the most lucrative sports betting bonuses.
Not only does bwin offer plenty of opportunities to bet on sports, it also is actively involved in sponsoring many of Europe’s and the world’s biggest sports teams. It’s been a sponsor of Portugal’s top football league since 2005, serving as the title sponsor from 2005-2008. This partnership worked to increase the Portuguese football league’s recognition in Europe. It hasn’t stopped here: it’s got a history of working with Manchester United, Real Madrid, Barcelona, Juventus, AC Milan, and Bayern Munich. It’s also sponsored MotoGP (the elite motorcycle racing circuit) and basketball, including the international governing body GIBA. It’s served as Real Madrid’s Official Online Gaming and Betting Partner since 2013, but has been a main sponsor of the club since 2007.
The OpenOdds team did not only rate the bwin bonus but, of course, also the boomaker bwin itself. To see how it fared, see our bwin review!
Bwin sign-up bonus 2016: The bwin deposit bonus at a glance
When you open a bwin account and you place your first sports bet at a minimum of £5, the plans are put into motion. The bet can be placed on either the single or multiple betting markets. The way you get the money back if you lose the first bet; once the qualifying bet is settled and you get a negative result, the money gets credited to your account. The amount you get depends on how much you put down on your qualifying bet. However, the maximum amount you can bet in the qualifying is £50 and the maximum payout you’ll get is £50. Once the money gets credited to your bet slip, you have 7 days to use it or lose it!
bwin bonus overview:
- The qualifying bet must be of a minimum amount of £5.
- The qualifying sports bet can either be a single bet or a multiple bet.
- The money back (up to £50) will only be given to you if you lose the first bet
- Once you get the money back, the free bet is valid for 7 days.
- Free Bets and System bets do not qualify for the money-back bonus.
- You can’t get early payout on this bonus.
- The qualifying bets can be placed either from your PC, mobile app, or tablet.
Current promo code & bwin sign up bonus:
The initial requirements for the qualifying bet are simple: the bet needs to be on the single or multiple sportsbook markets of at least £5. As for the deposit requirement, you need to be using any of the following payment methods to qualify: INSTANTBANKING, INTRALOT, MASTERCARD, EURO6000_MB, CARTASI_MB, INSTANTBANK, MPLATBA, GIROPAY, VISA_QIWI, FREEBET, USEMYBANK, POLI, ABAQOOS, MAESTRO, QIWI, DANSKESPIL, EWIRE, ENTROPAY, HIPAY, MISTERCASH, MONETA, GIOKER, VISA, MONEDERO, IDEAL, EKONTO, DINERS, TICKETPREMIUM, EPS, PAYSAFECARD, INSTAEWALLET, CANADIANEFT, CLICKNBUY, PMU, DINEROMAIL, MULTIBANCO, PAYBOX, DIRECTPAY24, VISA_POSTEPAY, FREECHIPS, PRZELEWY24, CITADEL, PCARD, DANKORT, BANKTRANSFER, KALIXA, WIRE, PAYPAL.
There are loads of options for deposit requirements but you don’t want to get taken out of the game just because of a pesky deal like how you choose to put money into your account, now do you?
Now, you wait for the bet to get settled, and you need to lose to get the money back. Only losing bets are considered! Now, the bets can’t be done using FreeBets, Early Payout, nor on system bets nor cancelled bets. Once that bet qualifies, you’ll receive the money back in your bet slip. The amount, like we mentioned before, depends on how much your initial bet is (between £5 and £50). You then have 7 days to use the free bet and then continue to enjoy the rest of the rewards you can get from bwin.
Bonus conditions for the bwin bonus and the bwin bonus code.
- Name: "Up to £50 Back-Up Bet"
- Bonus type: Money-back.
- Maximum bonus amount: £50.
- Able to be cashed out: No.
- Betting requirements: £5.
- Minimum odds: N/A.
- bwin Bonus code/ promo code: N/A; it’s automatically applied when you lose the first bet.
The bwin bonus review:
For us on OpenOdds, the biggest caveat of the bwin bonus is that it’s only valid on losing bets. If you win your first bet, it seems like you’re a little bit out of luck. Unlike on other bookies that have a similar bonus in OpenOdds’ Best Free Bets Offers list, there’s no language in the Terms and Conditions that stipulates what exactly happens if you win the first bet. You just have to assume that nothing happens or that you keep betting until you lose; but we’re not entirely sure so we would have you check with Customer Service to see what the deal is.
In spite of that major caveat, the other terms seem to be really permissive: the minimum amount is quite small compared to a lot of other bonuses we’ve seen out there and there are lots of bets that you can use. Given that you can do anything in the single or multiple markets, excluding the other bet types (cancelled, Free Bets, Early Payout, and system bets) that we’ve mentioned earlier in the OpenOdds bwin bonus review, we think that this is a huge plus in bwin’s favour.
Also, as far as we’ve been able to gather in our own investigation, there are no odds requirements. This is also refreshing, especially if you really detest having to wager at certain requirements that or some tend to appear rather absurd. However, for all of the benefits, you have a very small window (7 days) to use your free bet. After looking at all of these factors, we think that this bonus deserves an 88 out of 100. This is also important given the fact that bwin uses other features to retain customers instead of promotions and that as a bigger bookie, the best online bookmakers tend to not give huge welcome bonuses.
So there it is, the Bwin bonus explained: press your luck on bwin and enjoy!
5 expert tips for the Bwin bonus
Handicap Personnel Moves:
Players and coaches are notorious for following the money; after all, professional sports are quite the lucrative business. If getting all of this information suits your fancy, handicapping personnel moves can really give you an edge when looking for more wagers to place. These changes can impact the results, especially in team dynamics and influencing the balance of power across all leagues. One of the advantages of doing this on bwin is that they’ve got a promotion going on if you bet on players scoring a goal against their former club. This is really how you can put it into action!
Betting over 0.5 goals football betting strategy:
The primary result that needs to happen for this betting strategy to work is that at least one goal needs to go on the board during a match, and when you place a live bet on this, you have to go all in. Bwin, with its vast live betting arm, gives you ample opportunities to put this strategy into motion. And it’s pretty easy to win. Why? The only way you can lose is if it ends in a draw of 0-0. First, you need to figure out how much money you want to put down; it can be tiny, like £2. The amount of money isn’t the most important part of this bet, but remember that it needs to be the same for every round.
Then, your next objective is to go through all the lines and find the matches that have the least probability of ending in the 0-0 draw. Where can you find these matches? Either in the 0.5 Goals or Total Goals market. Comparing both markets is a good idea because sometimes you may be able to get a better deal in the Total Goals market, so you want to find the line in the market where you’ll be given the best for you. Remember, if you choose to go into Total Goals, the money can’t be pulled out until the game is finished.
In Over/Under, you can cash out as soon as that goal gets on the board. Odds requirements? Your price floor should be odds of 1.11; any lower and it’s not worth it. And how about the timing? The sweet spot is around the 30-40 minute mark because the first goals tend to be scored statistically at that point. If you’re confident about it coming on early, you could place it earlier, and in turn, if the action is slow, you can place the bet at halftime. At halftime, the odds will tend to rise (greater than 1.2) and this is where you can get a greater profit. More profit, more £.
The smaller the league, the more possibilities for more £:
Sometimes, the best opportunities out there are ones that are diamonds in the rough, the hidden gems. This is where looking into smaller leagues comes into play. Why? Everybody’s going to be making bets on La Liga and the Premier League, but not everyone’s going to go searching for lines in the Czech Republic or Romania. By default, you’ll have fewer punters in the market, and with fewer punters, there are more possibilities for you to win and have less competition.
With all of your knowledge of handicapping and research, it can certainly take you pretty far. Since bwin really has a significant niche (while it does not necessarily specialise) in European football, you can find matches in countries not exactly renowned the world over for their pro stakes. You’ll find good odds, and with that, a bunch of handsome rewards at your fingertips. On your mobile, the alerts you can programme will make sure you have up-to-the-minute information at your disposal.
This is a method using the betting strategy of having multiple accounts on various sportsbooks open at the same time to your benefit. Remember, for you to really do this you’re going to need to have sufficient skill; otherwise you’ll be placing unwise bets, and in turn lose an unnecessary amount of money.
There are three principal techniques that one can implement in bonus whoring. Firstly, you can search for sure thing bets; these are the bets that the bookie knows they’ll actually lose money on because the punters will end up winning. These come up sporadically, say every two or three months, but they are a true opportunity when they do come up. It may be difficult to use your bonus on this because many bookies have very limited windows for a bonus to be rolled over. Secondly, another common sportsbook practise is playing both sides of a particular game.
How does this work? You choose a match; let’s say for the purposes of our explanation, the derby between Real Madrid and Atlético. You first place one wager in favour of Real on bwin, and then you would go onto another sportsbook and place a bet in favour of Atlético. Depending on the odds, you could come out of it either breaking even or even winning money on both bets.
The final bonus whoring method is quite intuitive it may seem rather absurd to include it as a method: to win your bets. You ought to play with a sustainable win rate, and this is, at the end of the day, the objective of any sports bettor is to have a win rate of around 57 per cent. Yet most successful punters have a success rate of about 54 per cent because the sustainable win rate is quite uncommon.
Fibonacci betting strategy:
For our final sports betting strategy, we’re going to keep the focus on football given bwin’s big presence in the European football markets. The Fibonacci strategy’s essential idea is to bet on a draw, and then if you lose the bet, you wager on the next one. You would then keep going in this sequence until you end up winning.
There are two requirements you need to keep in mind to make this endeavour successful. One is that in order to bet on a football match, you need to statistically bet on a game with a probability of at least 2.618. And then, as you increase your stake, it needs to follow the Fibonacci sequence. To refresh your maths skills, the Fibonacci sequence is 1, 1, 2, 3, 5, 8, 13, 21, and so on. It’s because the Fibonacci Sequence is based on the formula N3 = N1 + N2.. Since not everything turns out just like mathematics, it’s best advised to not put all of your quid into a Fibonacci sequence!