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betED.com
betED.com
betED.com
Bonus Policies
Unless stated otherwise all betED bonuses are now CASH and subject to simple 5X Sportsbook and 10X Casino rollover. The bonus cash is then yours to keep.
Rolled Over means that your total online betting action must meet the amount deposited, including the bonus which is then multiplied by a particular number. Current bonus status and rollover requirements are shown on the Bonus Status page.
As stated above, standard rollovers are 5X for Sportsbook and 10X for casino. Because the Bonus Status page considers that $1=$1, rollover is calculated on a 1:1 ratio for Sportsbook and a 1:2 ratio for casino (because rollover for a typical bonus for Casino is two times that of Sportsbook). Quite simply, every dollar wagered in the Sportsbook counts towards a dollar of rollover while every dollar wagered in the Casino counts towards 50 cents of rollover.
Example: Deposit $100 via Instant Check and get a $10 Reload Bonus. Your new balance would be $110 and your rollover would be 5X that total (or $550). If you make a $50 wager in the Sportsbook, your new rollover balance would be $500. If you made a combination of $50 worth of bets in the Casino, your new rollover balance would be $525.
Casino rollover is calculated after each successive wager while Sportsbook rollover is calculated after a game is graded.
Please note that the maximum bonus available on any betED promotion is $250.00.
You must meet play through requirements to cash out / withdraw any winnings generated through your bonus. The bonus received will then be cleared and no further restrictions will apply to your account. Please note that the funds from the deposit transaction used to generate your bonus are also restricted from withdrawal until all rollover requirements from that particular bonus have been met.
Unless stated otherwise, betED bonuses are not combinable however, Reload Bonuses and special promotions (all Bonuses other than Initial Deposit Bonuses) can be credited for subsequent deposits with additional rollover requirements being applied to new deposit plus new bonus total.
ZERO OUTS
**Please ENSURE that you logout after zeroing out and depositing again otherwise the zero out will not be recorded**
The zero out rule has been created to give both the player and
the casino a sporting chance. Without the zero out rule the previous
wagering requirements would carry over for the player’s
future deposits and the player would probably never catch up.
At the same time, the Casino / Sportsbook would be in big trouble
if people kept cashing in Bonuses on top of deposits and would
have to meet play through requirements for only one of the coupons.
Bonuses are lost last after you’ve lost all deposits and
winnings.
Rollover requirements do not carry forward if you zero out, deposit
again and don’t take a bonus on your next deposit.
If you ask for a withdrawal and a Withdrawal Bonus offer is sent to you, then the rollover applied will be of five times on the amount of your NEW balance, once the Bonus has been credited.
ACCOUNT BANNING
We reserve the right to ban / close your account at any time
at our sole discretion.
If your account is banned and you have violated one or more of
the rules stated at this website then all our winnings & bonuses
shall be null and void and your deposit shall be returned to you.
At his sole discretion, the manager may void only the player’s
winnings, leave his bonus and allow a player to continue playing
if the violation was unintentional (such as a double account)
if the player promises to be more careful in the future.
In the event that your account is banned and you have not violated
any of the rules stated at this website then these are the steps
accounting will follow to complete our business with you (in chronological
order):
1. All deposits at the time of banning will be returned within the next 72 hours of banning
2. All winnings you had in your account at the time of banning will be sent to you (via your method of choice) within 60 days of banning.
Once banned you may never open an account with betED.com. If
it is detected that a previously banned player has opened more
account(s) then those accounts shall be banned immediately and
we shall not be returning the deposits or winnings in those accounts.
The precedent for the “account banning” rules was
set when the entire country of Denmark was banned. As is common
knowledge now all winnings were paid out within the specified
60 days. We have come to understand from several industry experts
that this rule is unique at betED.com because almost all other
casinos cheat the players out of their winnings when they ban
them.
Affiliates shall not be paid for “banned players”.
Rather, fines may be imposed on affiliates that consistently send
us players that get banned.
Honest players should never have a problem cashing in winnings at betED.com. Please contact accounts@beted.com if you are having any problems whatsoever dealing with a betED.com bonus program.
In the event that any rules mentioned on the “Promotions” page contradict the rules mentioned here then the promotions page rules will be supercede over the rules here.
We may amend these policies at any time by posting the amended policies on our site. It is the user’s responsibility to ensure that he/she is aware of the current policies every time he makes a deposit. New policies will not be applied retroactively. Rather, the policies mentioned on the site at the time the user made the deposit will apply until the user takes a withdrawal, “zeros out” or deposits again (whichever is first). All further withdrawals shall be subject to the latest policies mentioned at this site.
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