After reviewing the list of Luxbet promotions, it becomes quite apparent that the site tends to be more aggressive with its promotional offers than most of the other top online sportsbooks that are currently operating in Australia. Typical Luxbet offers revolve around free bets, which is exactly what sports and horse racing punters enjoy the most.
Before looking at 2016’s Luxbet Promotions, check out our full Luxbet review
Current Luxbet Promotions
While online casinos tend to offer a large variety of promotions to keep casino game players motivated and into the gaming action, sports and race books usually rely on a smaller selection of bonus offers. This is attributable to the fact that punters have a much better statistical chance against bookmakers than casino players have beating table games and online slots. With that in mind, here’s a quick look at the Luxbet special offers currently being advertised on the bookmaker’s website.
Welcome Free Bet Offer – In line with industry standards, the most prominent Luxbet offer is the site’s welcome, first deposit free bet offer. Based on the offer’s promotional information, punters are eligible to receive $150 in free bets with an initial deposit of $50 or more. That translates to a lucrative offer of 300% on what many punters would consider to be a low deposit requirement of $50. For interested parties, here is a look at the offer’s specified terms and conditions.
- Only Australian account holders from the provinces of QLD, TAS, ACT and NT are eligible to take advantage of this free bet offer.
- The free bet bonus will be deposited into the punter’s bonus account within one business day of the them making their initial deposit of $50 or more.
- Single free bets may be wagered in increments of $10 or more on eligible markets. This excludes multi-event/parlay wagers, wagers on special promotional events and contingencies of a 2/3 from the contingency market.
- Only the proceeds from winning wagers will be placed in the punter’s regular wagering account with the stake amount reverting back to the bookmaker.
- Punters will have 30 days from their initial deposit date to use their free bet(s) and meet the offer’s rollover or play through requirement. Failure to meet this requirement will result in the forfeiture of the free bet amount, plus any winnings derived from the free bets made up to the of disqualification.
- Unlike traditional rollover or play through requirements where the punter is required to wager the initial deposit and/or free bet amount a certain amount of times, this particular Luxbet offer only requires the punter to place free bets or subsequent wagers on events that carry odds of +150 or higher.
- After meeting the rollover or play through requirement, punters can withdraw their winnings subject to a pending withdrawal period and presentation of documentation to be used as proof of identification.
- This bonus bet offer cannot be used in conjunction with any other offers.
Other Luxbet Special Offers
On a daily or weekly basis, Luxbet account holders will be eligible to receive other free bet offers as a loyalty gift or as a reward or for additional deposits. Punters should enjoy the fact that Luxbet seems to always have a menu of these daily and weekly offers throughout each month. Most, if not all, of these free bet offers are designed around a designated sports event or game. It is important for punters to understand that the terms and conditions of these daily and weekly Luxbet offers may vary from one promotion to the next. It is incumbent on each punter to make sure they read all terms and conditions prior to accepting any offers.
Luxbet Promo Codes
In order to properly award and track all of its different free bet promotions, this site uses unique Luxbet promo codes. A Luxbet promo code is usually issued via email or text to the appropriate account holders, providing them with plenty of time to take advantage of the free bet offer. Each Luxbet promotion code identifies a specific free bet offer and is required before the offer will be honored. It’s worth noting that some Luxbet promo offers are directed towards the site’s general population of qualified account holders, while others may be directed towards specific account holders based on some predetermined criteria.
Using the Luxbet Promo Code to Claim the First Deposit Free Bet
When a new punter completes registration for an account with Luxbet, they will be automatically receive an email or text with the first deposit Luxbet promo information and related Luxbet promotion code included. When they make their first deposit of $50 or more, they will be prompted to enter the appropriate promo code in the space provided. Once the initial deposit has been deposited into the punter’s regular wagering account, the site will initiate the deposit of the $150 free bet amount into the punter’s bonus account within one business day of the deposit transaction date. For what it’s worth, the free bet amount is usually in the punter’s bonus account within the first hour, making it almost immediately accessible.
Luxbet was first established back in 2008. The site is owned and operated by TabCorp, which is a publicly held corporate conglomerate that provides adult gaming services both online and through land-based operations in Australia, New Zealand and other parts of the world. The company operates its online sites under the regulations and licensing provided by the THE ISLE OF MAN GAMBLING SUPERVISION COMMISSION. As an international bookmaker, Luxbet’s eligible gambling markets include sports events and horse racing from venues located all over the world. For more information about the company, its wagering opportunities and Luxbet special offers, punters are encouraged to visit the Luxbet website and/or contact one of the site’s customer service representatives via email, phone or through the site’s live chat function. Promo information is also available through the use of the site’s FAQ section.
For more information about these and other promos, check out our full list of Australian bookmaker promotions.