ESPN BET Sportsbook and Hollywood Casino offers an online sports betting platform with a wide range of bonuses and promotions on various sports events. Sportsbook bonuses are important for players because they provide extra value and enjoyment to the betting experience.

This guide looks at the betting bonuses currently available to new and existing customers in the form of bonus bets and other existing promotions.

Types of Sportsbook Bonuses

Bonuses at ESPN BET include welcome bonuses, deposit bonuses, and various ongoing promotions. Here is a breakdown of some of the most popular types of bonuses that you will find:

• Welcome Bonus: Our welcome bonus is a one-time offer that is given to new players who sign up for an account. Welcome bonuses can take many forms, but they typically involve either Bonus Bets or Eligible Cashback bonuses.

• Deposit Bonus: A deposit bonus is another type of bonus that is commonly offered and awarded to players who make a deposit into their account. Like welcome bonuses, deposit bonuses can take many forms like Eligible Cashback and Bonus Bets.

• Eligible Cashback: Cashback bonuses are a type of promotion. By placing cash wagers while there is an Eligible Cashback bonus in a player’s account, the bonus will unlock in portions as real, withdrawable cash in line with the terms and conditions. Think of it as cashback that you earn through a credit card.

• Bonus Bets: Bonus Bets are a type of bonus that can be used to place bets without using a player's own funds.

This isn't a full, exhaustive list of all our promotions, but they are some of the most popular. Each type of bonus listed above has its own benefits and drawbacks, so it's important for you to carefully consider which bonuses are right for you and to read the terms and conditions before accepting any offer.

Sportsbook Bonus Terms & Conditions

Reading the terms and conditions of sports betting bonuses is essential for players as it helps you to understand the rules and requirements associated with the bonus. By being aware of the terms and conditions, you can avoid misunderstandings and ensure you can take advantage of the bonus effectively.

Minimum deposit amounts may also apply to qualify for a bonus. In addition, you should also take note of the expiration dates of bonuses, as they may have a limited time to be claimed, and you will also have a set time to use them before they disappear from your account.

Other important terms and conditions include the eligible sport events or betting types that can be used with the bonus and odds restrictions. It's also crucial to check whether there are any limitations on claiming multiple bonuses at the same time and whether you are eligible for the bonus as an existing account holder or if it is only available to new customers.

Therefore, reading the terms and conditions of sports betting bonuses is a critical step in making informed betting decisions and maximizing the benefits of the bonus. It can be a lot to read them all though, and that's why ESPN BET often lists the key points about eligibility right at the top.

How to Claim Sports Betting Promotions

Claiming a sports bonus at ESPN BET is a simple process. Once you have registered a new account, a qualifying action will need to be completed to be eligible for a bonus. A qualifying action can be either an initial deposit being made to your account or a sportsbook wager being placed, dependent on the type of promotion you are participating in. After the qualifying action is made, your bonus will be credited to your account. If your bonus is a Bonus Bet, any winnings earned from the wager will be credited back to your account. However, the original stake of the wager (Bonus Bet amount) will not be credited to your account. If your bonus is Eligible Cashback, you will need to wager cash funds in order to convert the Eligible Cashback into real withdrawable cash. For every cash wager placed, a portion of your Eligible Cashback will convert to cash. Start off by paying a visit to the promotions page to see what current bonuses you can claim, remembering to check the terms and conditions to see if you're eligible. Once you have found a suitable bonus, all you have to do is follow the appropriate steps, which usually involve betting on an event.

Once this is done, you may get a bonus right away or you may have to wait for the event to finish and your bet to be settled to receive your bonus. For example, for an insurance promotion,, you may need your bet to lose to get a Bonus Bet for a second chance.

For existing customers, there is usually no limit to how many promotions players may participate. However, you may only be able to take advantage of each bonus once. The promotion terms and conditions will specify as to how many times a promotion may be redeemed per account. New promotions are available every week.

Sportsbook Bonuses FAQs

Can I withdraw my bonus as cash?

No, sports bonuses cannot be withdrawn as cash. They are intended for use in placing bets on the platform. Any winnings from bets made with a Bonus Bet are returned in cash and can be withdrawn.

Can I use my sports bonus on any sports event?

The availability of sports events that can be bet on using a sports bonus depends on the terms and conditions of the bonus. Some bonuses may have restrictions on the sports events that can be bet on, or odds restrictions.

Are there any restrictions on the odds I can bet with a sports bonus?

Yes, there may be restrictions on the odds that can be bet on with a sports bonus. These restrictions can vary depending on the terms and conditions.

Can I claim multiple bonuses at the same time?

The availability of multiple bonuses depends on the terms and conditions of the bonus. You won't be able to claim multiple welcome bonuses but can claim one and then proceed to use promotions for existing customers.

Can I get a sports bonus if I already have an account with a sportsbook?

You can take advantage of any available ongoing bonuses and promotions for existing players, but you cannot claim a bonus designed for new players.

What happens if you lose a Bonus Bet?

If you lose a Bonus Bet, you do not lose any of your own money.

Why can't I withdraw my sports bonus?

Sports bonuses cannot be withdrawn as cash until you meet the wagering requirements associated with the bonus.

Can I cash out a bet that was used to earn cashback?

Yes, you can cash out a bet that was used to earn cashback (if cash out is available on that bet). However, if you choose to cash out, the cashback earned on the original bet will be converted back into your Eligible Cashback balance if the balance is still active (see Example 3 below). For clarity - your Eligible Cashback is not forfeited; you will be able to earn cashback with subsequent wagers, provided the balance is still active (i.e. has not yet expired or been fully used). If you choose to cash out a bet that was used to earn cashback and the applicable balance is no longer active (i.e. has expired or been fully used), the cashback earned on the original bet will be forfeited.