Canbet £200 SUB

[OldMan]

I found the following for a £200 SUB at Canbet.

Canbet Soccer £200 (?260) Free

Link is from Free Bets - The Free Bet Guide to UK Online Betting Offers

Join Canbet now and make your first deposit of £600 (€780) or more and receive a 20% deposit bonus of up to £200 (€260) FREE*.

To redeem your bonus, simply enter the promotional code: FBO200, when registering an account (on the Join Page) or when depositing for the first time.

* Terms and Conditions
1.The bonus will be entered into your account once you have turned over (bet through) your initial deposit once in full (x1), and the events have been settled.
2.Before withdrawal the qualifying deposit and bonus amounts must be turned over (bet through) three times in full (x3), and the events must be settled.
3.The maximum claim for this bonus is £200. If the turnover requirement has not been met prior to any withdrawal, the bonus will be revoked (i.e. removed from the account).
4.The bonus will only apply on your first deposit made within 30 days of registration.

[Ganesh]

If I remember this bookie has separate balance and bonus balance that makes very dificult to complete the WR. Am I wrong ?

[OldMan]

I havnt signed up there yet but I thought the T&C's looked pretty straightforward?
Waiting till I get a much larger float before tackling these offer

[munk]

Mmm I was about to post this link but it links to the bonuses forum which is premium only I'm afraid:

http://www.thegamblingtimes.com/boar...tml#post244143

This probably sums it up though:

a word of caution, the TnCs last time were very similar if not the same! basically , they convieniently neglect to mention that only wagering the final £100 of your balance counts towards WR... a ridiculous task if your qualifier wins, should the 1st part of wr win as well you are looking at a monster balance, of which you can not withdraw, and for example you have to wager 1100 of a 1200 balance before you even get to place the final 100 counting towards wr.. i am going to live chat to clarify before diving in but i suspect that that same shit Terms will apply. Other than the books that have actually ceased to exist, canbet and IAS are by the far the biggest fall from grace. IMHO

Be very wary of Canbet and most definitely ask them for the full T&C for the bonus wagering and double check that the above quoted T&C don't apply. If they do then run a mile I would say.

Although it sounds like a fairly generous offer, I don't think there's any way to get any decent value from this unless perhaps you underlay completely so you make nothing if you bust out (or maybe 5-10% of the bonus absolute tops?) or a lot more if you win. Then if you win the first bet, I would be tempted to do exactly the same again on the second bet (if I could get everything on the second bet) so I made maybe 5-10% of the original bonus if that second bet loses, otherwise make a large profit again. But even then to be honest it means you're tied into Canbet for a very long time probably.

In summary, unless you can get it explicitly in writing that the draconian T&C don't apply, leave it well alone.

[OldMan]

Hmmm, thanks for that Munk. If they are not showing the full T&C's before you sign up then that is very misleading - i would even go so far to query if its actually legal.

For now I think I'll steer clear of them