Cashpoint Deposit Bonus Code 2020 – all terms explained
Last updated & tested: 2020-03-11
Cashpoint operates under the Xtip banner in the UK, and British customers will see the Xtip site when they try to open an account at Cashpoint. Nevertheless, the companies operate under the same overall control, and should be treated as the same. The Cashpoint betting and entertainment group was first established in 1996, with Xtip being launched online in 2013. Cashpoint is part of the German Gauselmann group, a high-profile company in its homeland. On the Xtip platform, punters can play in the casino, as well as place sports bets. Live betting options are also available. Here, we will take a closer look at the promotional offers available, and whether or not any Cashpoint bonus codes are required to claim them.
Cashpoint Deposit Bonus:All Terms and Conditions Explained
The main Cashpoint sign up bonus is a sports betting bonus which is available, for UK customers who use Xtip. It consists of a profits boost for who placing successful combination bets, with the percentage boost rising depending on how many selections have been made on their coupon. For a three-bet combination, the punter receives a 3% boost. This rises by a percentage point per selection, with a 30-fold combination bet receiving a 30% boost on any winnings. For the 3% and 4% bonus boosts, the punter must place at least one live bet as part of their coupon. So let’s see how new customers can make use of this offer within the 90 day period.
How to claim the Cashpoint Bonus:
- No cashpoint bonus code is needed to claim the Xtip bonus
- Cashpoint sign up bonus is a profits boost on successful accumulator bets
- The boost rises by one percentage point per selection on an accumulator coupon
- For a three or four-selection bet slip, a live bet must be at least one of the selections
- The combined odds for the whole combination bet must be 1.5 or greater
- The maximum profts boost which is available is 30%, for a 30-selection accumulator
- Odds lower than 1.51 are considered for the profit calculation, but not for the bonus calculation
Current Cashpoint Promo Code & Sign-up Bonus:Requirements for Activation
It is not necessary to use a Cashpoint bonus code to claim the Xtip ‘xTreme’ profits boost bonus. All you need to do is to deposit at least £10 in your Xtip account, and then place an accumulator bet with a sufficient number of selections. This is the only bonus that Cashpoint betting UK customers can claim via Xtip. Rather than using Cashpoint bonus codes to claim it, punters will qualify automatically if they place an accumulator bet with at least three selections, one of which must be a live bet.
If the accumulator is successful, and all the selections on it come in, then the punter’s profits will be boosted by at least 3%. This moves to 4% for a four-selection accumulator, 5% for five selections, and so on, up to a maximum of 30%. This is a good bonus for someone who is keen to test their betting strategies when it comes to multiple selection betting slips. It is, though, significantly different to many of the best free bets offers at online bookmakers. Many of these offers generate a 100% deposit bonus on the first deposit, or free bets of some kind.
Bonus Terms and ConditionsFor the Cashpoint Bonus Code
Customers at Xtip cannot claim any other bonuses. If you are resident in Germany, Austria or Switzerland, though, and use Cashpoint for your sports betting; then you can claim a deposit bonus. Cashpoint offers new customers from Germany, Austria and Switzerland a 100% matched cashpoint deposit bonus when they sign up for a new account. There is also a casino bonus on offer to customers from the same countries, which offers up to €150 as a deposit bonus. For those of you who like betting apps, Austrian customers can claim a Cashpoint mobile betting bonus of €15, if they place a bet of at least €10 via the Cashpoint app. How do you download Cashpoint’s app? Full details are given on the company’s website.
No Cashpoint bonus code is needed to claim these bonuses. If you’re from the UK, and use Xtip to access Cashpoint’s services; you cannot claim any of these three bonuses. They can only claim the xTreme profits boost Cashpoint sign up bonus. UK members can also claim a bonus for Cashpoint casino customers. This consists of a 100% matched Cashpoint deposit bonus, offering a maximum of £150 of bonus credit. To claim this bonus, casino players at Xtip must deposit at least £10 in their new account. There is no need to use a Cashpoint bonus code for 2016 or 2017 customers.
Our Verdict of :The Review of the Cashpoint Bonus
This Cashpoint review found that the xTreme profits boost bonus, on offer to Xtip punters, offered quite good value. This is especially true if you are prepared to bet with a little patience and insight. It is a different bonus to many of those on offer from Xtip’s rivals. Only successful punters can claim any kind of sports betting bonus at Xtip. If your accumulator is unsuccessful, you cannot claim the xTreme bonus; as it is only added to winning bets. The Cashpoint bonus, explained thus, does not seem especially appealing. You need to bet with some skill and knowledge for an accumulator to be successful, and novice punters at Xtip may well struggle to understand exactly how the bonus works.
The Cashpoint deposit bonus, explained in the Xtip casino section as being for new casino customers, is more straightforward. It does not, however, offer anything to sports betting punters, as the bonus credit cannot be transferred from a casino account to a sports betting account. It has to be said that the sports betting bonus on offer to Cashpoint customers via Xtip does not place this company among the best online bookmakers available. The discrepancy between what is on offer to Cashpoint sports bettors in other countries, and what is on offer to Xtip customers in the UK, is also quite striking; and may put you off. Anyone having the Cashpoint deposit bonus terms explained to them may find it confusing that such a bonus is offered to casino customers, but not if you’re a sports bettor.
5 Expert TipsFor The Cashpoint Bonus
Now that the terms and conditions of the xTreme profits boost have been explained, it is time for some additional advice on how you can make best use of this bonus. Here, we offer five expert tips on how to make sure that your accumulator slip is successful.
1.Bet on sports you know
When betting using accumulators, it is important to bet on sports that you know. As you have to make several selections on the same betting slip, it is important that they are from a sport with which you have a great deal of familiarity. If just one selection loses, then your whole coupon is unsuccessful. If you make selections based on knowledge, however, you are more likely to enjoy success.
There is little point betting on a sport about which you know nothing, just because some of the odds on offer are appealing. This is a sure way of throwing away money, and obliterating any chance you have of claiming the xTreme profits boost. Instead, make sure that you do plenty of research before you make your selections. Check the form that teams or players are currently in. It is unwise to rely on big reputations if a team or player is enduring a run of poor form.
Extra information such as which players are injured, or whether or not a coach is under pressure from his club hierarchy, can also play a massive part in shaping how successful your bets are likely to be. Thanks to the internet, it is now possible to research quite obscure leagues and teams, especially in major sports like football. It is a good idea to take advantage of all the information on offer.
2.Focus on particular players or teams
It is also a good idea, when using the Cashpoint app to place accumulator bets, to focus your research on specific competitions, teams or players. If you follow tennis, for example, then carefully follow the careers of two or three specific players. Focusing like this not only saves you time, it also allows you to become an expert about very specific things. This specific knowledge can be extremely useful when it comes to placing successful bets. If you prefer team sports, such as football, cricket or rugby league, for example, then it is a good idea to focus on specific teams or competitions. This way, you can often find better value when making a betting odds comparison, as you will have greater insight than many others.
3.Choose sensible odds
When betting using accumulators, it is also a good idea to choose bets with sensible odds. As the odds from each selection are multiplied together, it is possible to gain big winnings from several short odds bets. Betting on eight favourites, for example, will still bring you a profits boost of 8%, if all the selections win. As the odds are multiplied together, even short odds can still bring in a good amount of cash. It is also worth remembering that only one losing selection can bring the whole coupon crashing down. Many inexperienced bettors are tempted by the often incredible odds that they can get with an accumulator coupon full of outsiders. It is usually a waste of time and money to bet using such selections, though. It is a much better idea to find several short odds bets and combine them on one slip.
4.Anchor your coupon with a favourite or two
If you are tempted to bet on a long odds selection, this Cashpoint bookmaker review recommends that you at least anchor your coupon with one or two short odds selections. Anchoring your coupon often guarantees that at least one of your selections will come in, and your accumulator will not be ruined quickly. Accumulator coupons consisting entirely of long odds selections may well provide you with massive winnings, if they actually come in. But the reason that the odds are so potentially lucrative, is that they are unlikely to come in. It is far better to make wagers with shorter odds, and then combine them on an accumulator. If you follow this advice, then you should soon be using the Cashpoint deposit & withdrawal methods to take home some real cash winnings.
5.Choose some live bets to ensure you get the bonus
The xTreme profits boost bonus requires that punters add at least one live bet to their coupon for lowest levels of the bonus. But it can be a good idea to use in-play, live bets as a way of making your betting more interesting. Live bets are those which are placed in events which are occurring in matches which are in progress, rather than betting on eventual outcomes before a match starts. You can bet on events such as the next yellow card in a football match, or on the winner of the next game in a tennis match. This can offer good value to punters who are knowledgeable and bet with good levels of insight.
Another option for live betting is to cash out early. This happens on some live betting markets, where you are given the option to claim your winnings early, before the end of the event on which you are betting. This can be useful in a football match, for example, when a team you have bet on is winning 2-0, but then concedes a penalty and has a man sent off with 15 minutes remaining. If you cash out early, you can claim the bet as a win, albeit at reduced odds, whatever happens in the last 15 minutes of the game. How do you cash out with Cashpoint? An icon will appear on your live betting slip which will allow you to do this. This can be a good way of maximising your winnings even more.