Credit & Winnings
At Redodds.com you don´t deposit any funds. You are given a Credit to Bet with. It´s Simple and efficient! Redodds.com is specifically made for "When you have a Tip or Feeling but not the Money right Now".
Based upon your personal credentials you´ll be given a Credit Line if our system accepts your Credit Risk. We only use our own Rating Model for Customer Risk Profiling without any "Credit Check".
You don´t need any "SMS Loan" or any other financial loan service anymore, to be able to Bet! Redodds.com provides it all! From "Fast & Easy Loan to attractive Betting" without any hassle and time delays.
Redodds.com provides a Credit up to 50 000 euro, it all depends on your personal credentials.
"You will only be charged if your balance is negative". Example; you are given a credit line of 2 000 euros and after 14 days (loan period is 14 days by default) you have 1 700 euros on your balance, then you have a negative balance of 300 euros that you need to pay, including an interest.
The interest attached to the Credit is based upon the 300 euros you have used and your personal risk profile.
If your account is positive "meaning you have winnings on your account", you Don´t pay any interest at all! Example, you are given a credit of 2 000 euros and after 14 days (loan period is 14 days by default) you have 2 300 euros on your balance, then you have a positive balance of 300 euros that is yours to take out and transfer to your bank account whenever you want. It´s all simple and efficient!
If your credentials deviate to much from what is an accepted customer risk, you will be denied a Credit.
You can apply for Credit under the section "Deposit" when logged in as a customer.
Please read about all specific Credit Terms & Conditions when applying for Credit.