The 32Red welcome bonus is slightly more complex than your average sign up offer but is nonetheless a quality bonus. Once you complete your sign up process you will need to opt in for the bonus on the promotions page. The bonus you receive will then be wholly dependent on the amount that your first deposit. It is a profit boost bonus so should you deposit the minimum £10 you will receive a 100% profit boost. The percentage of the profit boost will vary if you deposit a larger amount. We will go into more detail on the terms and conditions of the bonus and how it works overall.
- Sign up for an account, and opt into the bonus on the registration or promotions page of the website.
- Choose your profits boost, based on the size of your first bet.
- To qualify, your first bet must be placed on a live market.
- If your bet wins, you will receive your boost automatically.
The welcome offer is one for which you do not need a 32Red promo code to claim. It takes the form of a profits boots on your first live bet. The amount of profits boost that you receive depends on the size of your first bet. If you bet up to £10, then your profits boost will be 100%. The full range of profits boosts ranges from that 100% boost on stakes of up to £10, up to a 10% boost on bets placed with stakes from £91 to £100.
In order to claim the bonus, you need to first register for an account at 32Red. There is no need to use a 32Red bonus code of any kind, but you do need to make sure that you opt into the offer. You can do this by either opting in when you open your account, or doing it on the promotions page of the website. If you do not opt in, then you will not be able to claim the profits boost, so it is important to remember to do this.
Another condition attached to the bonus is that it can only be applied to your first live bet. Live betting, sometimes referred to as in-play betting, is where you place bets on events and outcomes that occur during a match. In football, bets of this type include wagers on the next yellow card being shown.
Obviously, this is not a no deposit bonus, as you need to have funds in your account to place the first bet. Without making a bet, you cannot receive any winnings, which, in turn, means that you cannot claim a profits boost. The minimum amount that you can deposit in your 32Red sportsbook account is £10.
Another important thing to remember is that the boost is given on winnings from successful bets, excluding the stake. Normally, if you placed a winning bet, you receive your stake back and your winnings as one sum. If you placed a £50 bet at odds of 2/1, you would receive your stake plus winnings, so £150 total. The boost is only applied to the winnings part of that sum, so you would receive your 60% boost on £100, not £150.
Newcomers to the world of sports betting can sometimes be prone to make basic errors, which often lead to them losing money. We have all been in a situation where something is new to us, and have made errors due to inexperience, so it is nothing to be ashamed of. Making errors can be a painful way of learning, though, especially when money is at stake. Here, we’ll take a closer look at some basic errors which you should avoid, and how you can prevent yourself from making them.
Never Assume That Big Bets Will Lead to Big Wins
Novice gamblers can sometimes be tempted into placing huge bets on long odds wagers. This is because they can only picture winning, not losing. We would all like to win big wagers, but long odds are there for a reason. The longer the odds, the less chance you have of winning. Nothing is certain in sports betting, and even short odds bets are lost on a regular basis. Perhaps you have a 32Red voucher for a profits boost up your sleeve, and you think that a long odds bet is the best way of making use of it. This is a mistake.
The best way to keep betting relaxed and fun is to place bets with small stakes, and to avoid getting greedy. What you often find if you place large bets which lose is that you end up chasing your losses by placing ever increasing bets. This just means that you will lose more money, and can lead very quickly to financial problems which affect your personal life.
Don’t Bet on Sports You Don’t Know About
Although this one may seem obvious, you would be surprised at how many novice sports bettors assume that just because they have an account which allows them to bet on a massive range of sports, that is what they should do. Betting on sports about which you know nothing is a huge mistake. Maybe you have seen a 32Red promo code advertising long odds on a golf tournament such as the Masters. So you place a golf bet, even though you have never even watched golf on the television and wouldn’t know the difference between a par score and a putter. If you do this kind of thing, do not be surprised when you lose.
Instead, stick to sports that you have watched and played during your life. This way, you will have a much better idea of likely outcomes, and how external factors such as weather and venues can affect outcomes. Familiarity with sports always puts you in a better position when it comes to placing winning wagers.
Don’t Rely on Blind Chance When Betting
Another mistake that newcomers often make is to fail to do any research before placing bets. You might be a big football fan, and think you are pretty much an expert on the game. That does not mean that you should start placing bets on the Portuguese league, or on Under-21 internationals between Uganda and Kenya, if you spend all your time watching the English Premier League.
Stick to the leagues, competitions and teams that you know about. That way, you are much more likely to place winning bets, and take full advantage of any 32Red bonus code you might have up your sleeve.
You do not need a 32Red bonus code to claim the bonus, and it offers good value in monetary terms. You need to be able to understand live betting to take full advantage of it, though, and you can only claim it if you place a successful first live bet. That does limit its reach, somewhat, as you need to place a winning bet to get the profits boost. That might make it harder for novice sports bettors to claim any benefit from the bonus, as they are less likely to be able to pick out a winning bet on the live markets.
Having said that, the profits boost itself can increase your winnings significantly. This is especially true if you bet stakes which are in the middle of the scale, such as those around £50 or £60. The returns from a successful live bet with those kinds of stakes can be boosted pretty significantly, by around 40 to 50%. That can make a pretty big difference to your overall winnings, something which contributes to the high rating we have given the bonus. For more bonuses from great bookies, make sure to have a look at our Betstars bonus guide.