Have you ever wanted to know more about Bonus Bets and the different types of bets you can place at ESPN BET Sportsbook? Our experts explain everything you need to know in this complete guide.

Those who are new to ESPN BET can now redeem Bonus Bets online. One of the Bonus Bets offers we currently feature is our First Bet Reset up to $1,000. Place your first sportsbook cash wager of $1 or more. If it loses, your wager is insured up to $1,000 in Bonus Bets. Simply put, you will receive five (5) single Bonus Bets each valued at 20% of the initial bet amount.

How to earn Bonus Bets at ESPN BET

Bonus Bets are a type of Sportsbook-specific reward. You can earn a Bonus Bet through many of the ongoing promotional offers within ESPN BET.

How to redeem your Bonus Bets

Using your Bonus Bets at ESPN BET is a straightforward process. Simply follow these steps to get started:

Once you’ve earned a Bonus Bet, you can view them under the ‘My Account’ page in-app by selecting the profile icon at the top right corner of your screen. From here, you will see the ‘Bonus Bets’ section under ‘Rewards,’ which once selected, will display your available Bonus Bets. You may find that some of your Bonus Bet Rewards read ‘Eligible for all sportsbook wagers,’ and so you are free to redeem those rewards on any Sportsbook market, including straights, parlays and futures. Other Bonus Bet Rewards may have a list of criteria attached to them. This list of criteria indicates all the conditions that must be met to redeem that Bonus Bet Reward when placing a wager. To view Bonus Bets that you’ve already redeemed, select the ‘History’ section.

You can also see your available Bonus Bets directly on your Betslip when placing a Sportsbook wager. It's up to you whether or not you’d like to redeem a Bonus Bet to place a wager or save it to redeem another time before the Bonus Bet expires. You can view the expiry date of a Bonus Bet in the ‘Bonus Bets’ section.

To place a wager using a Bonus Bet, select the green ‘Rewards Available’ button on your Betslip and a drop-down menu with your available Bonus Bet(s) will appear. If A Bonus Bet in this drop-down menu cannot be chosen, a selection in your wager does not meet all the criteria outlined in the reward for it to be redeemed. For details regarding the specific criteria for each Bonus Bet, refer to the Reward Details outlined in your ‘Accounts’ section. To redeem the Bonus Bet from the available choices, select the desired Bonus Bet, confirm it’s been added to your Betslip, and then continue to place your wager. Once a wager has been placed with a Bonus Bet, it will appear in your 'My Bets' section with a green ‘BONUS BET' marker. When you wager by redeeming a Bonus Bet, no deductions will be made from your cash balance.

If you add a market to your Betslip that does not meet the criteria of your selected Bonus Bet, you will see an error message indicating your applied Bonus Bet can no longer be used to place this bet. You will need to update your wager selections or choose a different Bonus Bet Reward to continue.

Regardless of how the wager placed using a Bonus Bet settles, you will not be responsible for paying back the amount of a redeemed Bonus Bet. If you win a wager that was placed using a Bonus Bet, your Total Return will include only the winnings from that wager.

In the event that a wager placed using a Bonus Bet settles as a push, is cancelled (i.e. “no action”) or is voided, the Bonus Bet will be re-issued to your account under the Bonus Bet’s original terms and conditions, only if the Bonus Bet’s original expiry date has not passed. By way of example, if you have a Bonus Bet that expires on October 10th at 6:00pm ET, and you placed a wager with that Bonus Bet which settled as a push on October 6th, the Bonus Bet re-issued to your account due to the wager settling as a push will be available for use again through to the same expiry date of October 10th at 6:00pm ET.

A Bonus Bet cannot be used to redeem other promotions or unlock Eligible Cashback. Only one (1) Bonus Bet can be redeemed at a time. Bonus Bets cannot be used on any Casino games. Bonus Bets cannot be redeemed for cash.

Bonus Bets Terms & Conditions

When redeeming your Bonus Bets, there are some important wagering requirements to consider including:

• At least 19 years of age or older.

• Physically located within one of active states.

• Valid account.

• Valid payment method.

• No previous wagers made on ESPN BET.

• Can only be redeemed once per person.

• A minimum initial bet of $1 or more is required.

• Opt-in is not required.

• Parlay bets, as well as any form of live betting, is permitted in tandem with the Bonus Bets.

• The first qualifying bet is used to calculate the promotional reward value.

• Each Bonus Bet is non-transferable, cannot be withdrawn or redeemed for cash, and must be used within seven (7) days of receipt.

• Bonus Bets cannot be combined with other promotional rewards, unless otherwise specified.

Other sports betting bonuses

There are always a few different sports betting promotions being offered by ESPN BET including welcome bonuses, deposit match bonuses, loyalty program rewards, and boosted odds. Some of the best sports betting bonuses to redeem at ESPN BET include:

Eligible Cashback bonus

Receiving an Eligible Cashback bonus is simple. Eligible Cashback can be credited to your account from any promotion that includes Eligible Cashback as the promotional offer. Terms of the Eligible Cashback will always be disclosed within the promotional offer. You can turn your bonus into real withdrawable cash, just by playing. Win or lose, you will earn cashback from ESPN BET's sportsbook (5%) and casino (1%) following wagers made within 30 days of receiving your cashback bonus.

Bonus Bets FAQs

What are the different types of bonuses in sports betting?

Different types of bonuses can include deposit matching, Eligible Cashback, and Bonus Bets.

Can I use my Bonus Bet on any sports event?

Bonus Bets can be used on any sports event, but can also be limited to certain markets, depending on the terms and conditions in place for that Bonus Bet

Is there a limit to the amount of winnings I can receive from a Bonus Bet?

When wagering with Bonus Bets, only the winnings of the wager will be credited to the player’s account, and not the original stake amount of the Bonus Bet. For example, if you were to use a $50 Bonus Bet on a market with +300 odds, the max payout is $150.

Do I need to enter a promo code to receive a Bonus Bet bonus?

No, a promotion code is not necessary to receive a Bonus Bet. It will be automatically credited to your account if you qualify.

How often can I receive a Bonus Bet in sports betting?

Bonus Bets linked to welcome bonuses can only be redeemed once per Account, and you're only allowed to have one account with ESPN BET. Bonus Bets for existing customers are eligible to be redeemed on promotions that offer Bonus Bets as the promotional reward.

Is there a minimum amount required to qualify for a Bonus Bet?

Any minimum wagering requirements for Bonus Bets will be provided in the terms and conditions for the specific promotion.

Can I withdraw the winnings from my Bonus Bet?

Yes, the winnings from your Bonus Bet can be withdrawn. It is just the Bonus Bet itself that cannot be taken out as real cash.

Can I combine a Bonus Bet with other promotions or bonuses?

No, a Bonus Bet cannot be used in combination with any other promotions or bonuses unless otherwise specified.

Are Bonus Bets available for live sports betting and parlay betting?

Yes, Bonus Bets are available to use for both live sports betting and parlay betting.

How do I know if I am eligible for a Bonus Bet in sports betting?

If you are a new user with ESPN BET and have made an initial sportsbook bet of $1 or more, and your bet loses, you will automatically qualify for the Bonus Bet.