Analysing Bet365 Open Account Offer
Bet365 will give you a bonus to match your first deposit up to €200 . Is this good value? If you read the terms and conditions you must stake your original deposit and the bonus three times before you can withdraw any winnings off your bonus. So for a €200 deposit with a €200 bonus that would require staking €1200. This is the equivalent of 60 €20 bets. You have 90 days to do this. A further restriction is that the bets must be made at odds of 1/2 (1.5) or higher. We can still work with these restrictions and hopefully have some money left of the €200 bonus after the turnover requirements. The chart below shows that the shorter the odds, the closer to breaking even or even making a small profit. The chart was compiled from my database of odds and results from football-data.co.uk which records odds from 2002. It has also been augmented with odds for matches collected from paddypower.ie for all the top leagues in the Europe and some from outside Europe since the beginnin...