ESPN Bet Promo Code 2024: How to Claim Your Offer

ESPN BET is an online sportsbook that’s operated by PENN Entertainment. Aside from offering a range of exclusive promotions and odds boosts, new players can collect an ESPN BET sign-up bonus too which is worth up to $1,000.Want to learn more about this ESPN BET promo? That’s exactly what I’m here for! I’ll offer an exploration into what the bonus is, how it works, and even how you can get the most out of your bonus credits. My goal here is to make sure you are fully equipped to hit the ground running upon registration.
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ESPN Bet: What you need to know
  • Cutting-edge technology
  • Regular odds boosts
  • Secure payments wallet
  • 24/7/365 customer support
  • Limited to 18 US states
Sports
ESPN Bet Sports
Rating follows
  • Major sports markets covered
  • Various Bet Insurances offers
  • Live streaming capabilities
ESPN Bet Sports Bonus
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Deposits & Withdrawals
Skrill
Visa
Mastercard
Trustly
VIP Preferred
PayPal
Venmo
Wire Transfer
Cheque
T&Cs apply, 21+

ESPN BET welcome bonus: First Bet Reset deal

ESPN BET is known for offering a huge range of promotions to new and existing players; but why is that? Well, there are so many online sportsbooks hitting the market that operators need to create new and exciting ways of attracting new customers. Once new players are through the doors, it’s then a case of keeping them engaged with the site. Giving players extra value on their deposits or bets is a great way of achieving this. After all, who’s going to say no to some freebies?

All new players are eligible for a First Bet Reset offer that grants up to $1,000 in Bonus Bets if you lose your initial bet. All it takes is to settle a cash wager on any sports market or game and if you lose, you will get your full wager back up to $1,000 in Bonus Bets.

How to unleash your ESPN BET sign-up bonus

This ESPN BET welcome bonus is pretty easy to claim as there is no opt-in required. But to make sure that nothing goes wrong, here’s a breakdown of the registration and claiming process;

  1. Visit the ESPN BET website or install the mobile app
  2. Complete the registration form by entering a few basic details
  3. Go to the cashier page to make your first deposit
  4. Choose your sports market or game and settle a cash bet
  5. If you lose, you will receive 100% of your wager back in Bonus Bets

ESPN BET Sign-up Offer T&Cs

All promotions come with T&Cs attached and this ESPN BET deposit bonus is no different. While there aren’t any minimum odds or minimum wagers to worry about, there are a few terms to work around. For instance, once you have been credited your Bonus Bets, you only have 7 days to use them before they are removed from your balance.

Expert tips for utilizing the ESPN BET deposit bonus

Read the T&Cs in full

Some T&C documents can be very lengthy but the one associated with this ESPN BET welcome bonus is very quick, just like the one I found during my BetMGM promo code guide. It won’t take long to check but there are some vital pieces of information to be found, including:

  • Opt-in requirement: None needed
  • Eligibility: Brand new customers only
  • Eligible games: All markets and games are included in this promotion
  • Eligible wagers: Only your first bet placed will count towards this bonus

Know when to expect your Bonus Bets

You will be given your Bonus Bets in 5x smaller amounts, which represent 20% of your initial bet. You will receive these all together within 72 hours of your bet being settled. You won’t necessarily be notified of your Bonus Bets being added, so make sure that you keep a close eye on the progress by checking your account.

Understand how the winnings work

Any bets placed with your Bonus Bets that result in a win will return only the winnings to you in withdrawable cash. This means that the value of your Bonus Bets will be deducted first. It’s important that when you are working out any potential winnings this is taken into consideration to manage your expectations.

Take note of the time limit

Once your Bonus Bets have been applied to your account you will have just 7 days to make use of them. If you fail to use them after 7 days, they will be removed from your account. With this in mind, make sure that you are ready to use your Bonus Bets before the cut-off date. Look into the list of fixtures to make a plan for how you are going to use them.

Check what’s considered to be an ineligible wager

While you can place bets on all markets and games, you can still invalidate your eligibility with ineligible wagers. For instance, any bets settled as cash out or voided, or bets that have not been funded with your cash wallet, are not eligible for this promotion.

Key facts about the ESPN BET welcome bonus

1. Do I need to enter an ESPN BET sportsbook bonus code?

No, you won’t need to look for or use an ESPN BET sportsbook promo code, as it’s simply not required for this bonus. You don’t need to opt-in for this bonus as it’s automatically applied when you settle your first cash wager.

2. What payment methods are ineligible for this bonus?

All the accepted banking options are available to use when you are claiming this ESPN BET sign-up bonus. You’ll be pleased to hear that there are zero restrictions on your payment options. Simply check out the list of supported methods on the ESPN BET website or app to view your options.

3. Will my wager be returned with my Bonus Bets?

No, you won’t receive your stake back in the winnings from your Bonus Bets. Only the winnings will be returned to you, meaning that the initial bet is deducted first. When it comes to working out your potential winnings, make sure you take this into consideration.

4. When will the Bonus Bets expire?

From the time that your Bonus Bets are added to your account, you will have 7 days to use them. If you don’t use them in time, they will be removed from your account. But just because your bonus has been removed, that doesn’t mean that you can claim an additional introductory bonus, as this will invalidate you for any future new player bonuses too.

5. What wagers can I settle with my Bonus Bets?

You can place a stake on any market or event, with no restrictions. You don’t even have to worry about minimum odds, as this isn’t a requirement. With this much flexibility, there isn’t much to work around. However, you should keep in mind that ineligible bets include ones that have been settled as cash out or voided and any stakes that have been placed without using your cash wallet.

6. How will I receive my Bonus Bets?

Your Bonus Bets will be applied to your account automatically once the team has authorized your eligibility. You will be given 5x Bonus Bets that are valued at 20% of your initial stake. So, let’s say you claim the full $1,000 in Bonus Bets, you will receive 5x $200 Bonus Bets.

Ongoing promotions and rewards

All the best online sportsbooks offer ongoing promotions to existing players, which is exactly what I found during my Bet365 promo code guide too. Here’s a list of my favorite bonuses from my visit at ESPN BET:

  • Parlay Club: Place 4x $10+, 4+ leg parlays and whether you win or lose, you will receive a $10 Bonus Bet to settle another parlay or parlay+ bet
  • 3 Home Run Protection: Get up to $100 back on pre-live cash wagers if your team loses but hit 3 home runs during the game
  • PENN Cash: Collect PENN Cash when you place bets on the site. Once you have collected enough PENN Cash, you can convert them into game tickets with Ticketmaster
  • Bet Insurance: Settle a qualifying bet and receive 25% back on your net losses

Intro

This First Bet Reset bonus provides you with up to $1,000 in Bonus Bets. If your initial bet settles as a loss, you will receive 100% back in the form of Bonus Bets. You don’t need to enter an ESPN BET promo code for this offer, in fact, once you have registered an account, there’s nothing much more for you to do other than settle your first cash wager.

Reality Test

You have two ways of accessing and registering at ESPN BET. You can either join via the browser site or install the mobile app, depending on your preferences. If you prefer to visit on mobile, you’ll be pleased to hear that the app is available on both iOS and Android.

Once you have created an account, it’s just a case of making a first deposit and settling a cash wager for the first time. Head to the cashier page and deposit as much or as little as you wish, it’s then up to you how much you bet for your qualifying stake. Whatever you wager will be returned to you in the form of a Bonus Bet, providing that your bet loses.

While the operator states that your Bonus Bet will be credited within 72 hours, in my experience it is much sooner than this. Because the bonus will expire within 7 days, I recommend keeping a close eye on your balance to check when it has been added so that you can take full advantage of it.

Bonus Withdrawal

Not many online sportsbooks allow you to withdraw your bonus funds, which is certainly the case at other platforms I have visited including during my Caesars promo code review. Once you have been credited your Bonus Bets, you must wager them through at least once before you can request a payout. Any winnings that come from your Bonus Bet will be added to your cash wallet so that you can withdraw it as/when you please.

If you decide to request a payout, all it takes is a quick trip to the cashier page. From here, enter the amount that you would like to withdraw and select your preferred payment method from the list. Keep in mind that the list of banking options will vary depending on where you live. You will then receive a confirmation of your funds being released, followed by your cash withdrawal soon hitting your bank.

Pitfalls & What to Avoid

As you can see, this ESPN BET sign-up bonus is fairly restriction-free. While there are some terms to consider, these are all very standard, just like I found during my BetRivers.com promo code guide. Although, one thing to keep in mind is that you will only have 7 days to make use of your Bonus Bets before they expire. If you fail to use them within this timeframe, they will be removed from your account and you cannot claim any further welcome offers.

It’s also worth noting here that you will receive your Bonus Bets in 5 separate amounts. While this isn’t a major deal, it’s worth keeping in mind, as it allows you to settle 5x bets instead of 1 bigger bet. With this in mind, make sure that you don’t pre-plan to use it as 1 bet when you do have other options to look into.

Conclusion

ESPN BET is owned and operated by a major brand that oversees many other online sportsbooks. With PENN Entertainment behind them, you know that you can expect a fantastic experience that is full of fun and rewards. You can also take part in the PENN Cash promo, which is well worth the effort!

If you are in the market for an exciting new sportsbook site, I can highly recommend ESPN BET. The welcome bonus doubles your balance, giving you a 100% match in the form of Bonus Bets. If your initial bet loses, there’s no reason to feel down because you will soon receive the same amount back to try again!

Conclusion: My ESPN BET sign-up bonus rating

Whether you are a casual bettor or a higher roller, this is the ideal bonus for you. Whether you fancy betting $25 or you want to go the whole way and stake $1,000, you can claim 100% back in Bonus Bets. This provides you with double the bankroll, doubling your chances and fun!

The ESPN BET welcome bonus is available with any sports market or game, making it completely accessible to everyone. Whether you prefer betting on soccer, basketball, golf, MMA, or Formula 1, the choice is yours. After conducting an in-depth review of this bonus, I can confidently recommend it to any keen sports betting fan.

ESPN BET deposit bonus FAQ

❌ Is there an ESPN BET casino bonus?

Unfortunately, as ESPN BET doesn’t offer an online casino, there is no dedicated ESPN BET casino bonus code available.

🤔 How do I claim the ESPN BET sign-up bonus?

There is pretty much nothing required from you after creating your account. You don’t need to opt-in for this bonus, as it will automatically get added to your account upon registration.

❓ Who’s eligible for the ESPN BET welcome bonus?

Provided that you are 21+ years old and you are physically located in a legal region, you can safely access and join ESPN BET.

⭐ What is a Bonus Bet?

A Bonus Bet adds credit to your account that allows you to settle another bet for free. It might come with restrictions such as specific markets or events, minimum odds, and so on.

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