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5 Smart ways to utilise your bonus money1Pay off high-interest debts. One must always look for ways to reduce their debt burden. ... 2Build an emergency fund. ... 3Invest in a retirement account. ... 4Invest in career enhancement. ... 5Save for a down payment.To use your bonus bet, put your desired selection in the bet slip. You will see in the bet slip an option to use a bonus bet for this bet.