Bonus Bets at Sportsbet: How They Work, Eligibility and Terms

A Sportsbet Bonus Bet is a promotional token that lets eligible, logged‑in customers place a wager without using cash balance. If the bet wins, you receive the profit only; the Bonus Bet stake is not returned. Offers are for 18+ customers, subject to account verification and applicable state and territory laws.

Availability and eligibility vary. Some jurisdictions restrict the advertising or provision of incentives. You must be an existing customer, verified, and logged in to see any Sportsbet Bonus Bet in your betslip or in My Account. Not all customers will be eligible, and offers cannot be transferred, exchanged for cash, or combined with other credits.

How Bonus Bets are credited: they may be issued after specific promotions, settlement outcomes, or ex‑gratia adjustments. When applicable, a Sportsbet Bonus Bet is usually applied shortly after settlement of qualifying legs, though some markets can take longer to settle. You will see denomination and expiry in the Bonus Bets wallet.

How to use a Bonus Bet

1. App: add your selection(s), open the betslip, tap Use Bonus Bet, choose the available token, and confirm. Web follows the same steps.
2. Racing: use on Win, Place, Each‑Way, and multis where permitted. Fixed Odds and Tote availability may differ.
3. Sports and multis: you can use a Sportsbet Bonus Bet on eligible singles, multis, and Same Game Multi when allowed by the market rules.

Key rules and limitations

• Stake not returned: only winnings are paid; Bonus Bet value is excluded.
• Min odds/turnover: minimum price or turnover conditions may apply; refer to the terms on the specific Sportsbet Bonus Bet.
• Excluded markets: some in‑play, futures, exotics, and special markets may be unavailable.
• Cash Out: generally not available on Bonus Bet stakes.
• Same Game Multi: availability varies by sport and leg types.
• Bet With Mates: Bonus Bets may not be used for contributions or group withdrawals.
• Partial use: tokens are typically used in full per bet; splitting depends on the denomination provided.
• One token per betslip unless stated; not redeemable for cash or tied to Odds Boost features.

Expiry windows and reminders

Each Bonus Bet shows an expiry date (commonly 7–14 days unless stated). Expired tokens cannot be reinstated. We may send reminders, but it is your responsibility to use any Sportsbet Bonus Bet before expiry. You can track balances and dates in My Account.

Examples and FAQs

Example: you place a $25 Sportsbet Bonus Bet at odds 4.00. If it wins, you receive $75 profit (3.00 × $25); the $25 stake is not returned. If it loses, no return applies. For multis, the profit is calculated on the final combined price with the stake excluded. Racing each‑way bets settle as win and place parts; the token is applied across both components if used on each‑way.

Can I combine with Cash Out? No—Cash Out is generally unavailable on Bonus Bet stakes. Can I use on racing exotics? Some exotics may be excluded. Where do I see details? Open the betslip or My Account to view denomination, expiry, and any specific conditions attached to the token.

Safer gambling tools and support

Set deposit limits, reality reminders, time‑outs, or self‑exclusion anytime in My Account. Support is available via Gambling Help 1800 858 858 and gamblinghelponline.org.au. Learn more at help.sportsbet.com.au and flutter.com/safer-gambling. For free and confidential support, call 1800 858 858 or visit Gambling Help Online.

Regulatory information and next steps

Sportsbet is licensed by the Northern Territory Racing Commission. For Australian residents 18+ only. Promotions are subject to location‑based restrictions and individual eligibility. Chances are you’re about to lose.

Log in to view any eligible offers, read the full terms, and set your limits before you bet.