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$1,000 Bet Reset

Sportsbook Insurance Bet & Get - $1,000 Bet Reset T&Cs (the “Terms and Conditions”) 

 

Place a cash wager on any market or game available on ESPN BET during the Promotion Period. If your bet settles as a loss, get 100% of your wager back, up to $1,000 in Bonus Bets (defined below).  

 

The “Sportsbook Insurance Bet & Get - $1,000 Bet Reset” (“Promotion”) is subject to the Promotional Terms and Conditions (“Promotion Terms”) of ESPN BET, which can be viewed at ESPN BET Help Center > Legal > Promotional Terms and Conditions, and the following: 

 

  1. Description of Promotion 

How It Works (short terms)  

  • Opt-in Requirement: Opt-in is NOT required. 

  • Eligibility: Available to registered players with an active and verified Account. 

  • Eligible Games: Any market or game available on ESPN BET played during the Promotion Period. 

  • Eligible Wagers: Players place a cash wager on an Eligible Game during the Promotion Period. Only the first wager placed will count towards the Promotion.  

  • Promotion Offer: Players who place an Eligible Wager on an Eligible Game that settles as a loss will receive 100% of the Eligible Wager back, up to $1,000 paid in five (5) Bonus Bets each valued at 20% of the Eligible Wager. 

  • Bonus Bets are bonus funds which may only be used on ESPN BET. Wagering with Bonus Bets makes no deductions from your cash balance. Wagers with Bonus Bets that settle as a WIN will only return the winnings to the player in withdrawable cash. For more information on Bonus Bets please see Sections 9 and 11 of the promotion’s full terms and conditions or visit our FAQ page. 

  • Promotion Period: Below is the Promotion Period for the Promotion: 

  • May 1, 2024: 12:00:00 AM ET - September 30, 2024: 11:59:59 PM ET 

  • Ineligible Wagers: Any wager that does not meet the Eligible Wager requirements or falls under any of the below: 

  • Bets settled as “Cash Out” or “Voided.” 

  • Bets not funded with the cash wallet. 

 

Additional Terms 

  • All wagers MUST be funded with your cash wallet balance. 

  • Bonus Bets will be applied to the player’s Account within 72 hours and must be used within seven (7) days of receipt. 

  • For more information on Bonus Bets please visit our FAQ page.  

  • To cancel participation in this or any promotion, contact customer support by email at support@espnbet.com with your cancellation request. Upon cancellation, you may withdraw any funds you have deposited into your account without restriction or Play Through Requirements.  

  • For any further questions regarding this Promotion, please contact our Player Experience team by email at support@espnbet.com. 

  • Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, or WV in order to wager. 

  • This Promotion is offered by Penn Sports Interactive, LLC and its affiliates (collectively, the “Sponsor”). 

 

  1. Promotion Period 

 Below is the Promotion Period for the Promotion: 

  • May 1, 2024: 12:00:00 AM ET - September 30, 2024: 11:59:59 PM ET 

 

  1. Eligibility 

  • Available to invited registered players with an active and verified Account who receive the Promotional email or push notification regarding this Promotion. 

  • Eligibility restrictions apply. See ‘Eligibility’ section of the Promotion Terms for details. 

 

  1. Action Required 

Players must place a cash wager on any market or game played during the Promotion Period. Only the first Eligible Wager placed will count towards the Promotion. 

 

  1. Claiming Promotion Offer 

Players who place an Eligible Wager on an Eligible Game that settles as a loss will receive 100% of the Eligible Wager back, up to $1,000 paid in five (5) Bonus Bets each valued at 20% of the Eligible Wager. Bonus Bets will be applied to the player’s account within 72 hours and must be used within seven (7) days of receipt. For more information on bonus bets please visit our FAQ page. 

 

  1. Registration Procedures 

To qualify for the Promotion, eligible individuals must have successfully registered for an Account on ESPN BET, as defined in the Terms of Use. Creating an Account on ESPN BET is free. By submitting your information and creating an Account, however, participants will be required to agree to the Sponsor’s Privacy Policy and Terms of Use. If you do not agree to the Sponsor’s Privacy Policy and Terms of Use, you cannot create an Account or participate in this Promotion.  

 

  1. Limitations on Participation 

In addition to the Eligibility requirements outlined in Section 3, the Sponsor reserves the right to refuse or otherwise restrict your eligibility to participate in any Promotion for any reason, in its sole discretion, including based on your wagering patterns or wagering history or if you failed to take advantage of any previous Promotion in good faith. This Promotion is void where prohibited by law.  Participants may be required to sign paperwork issued by Sponsor to receive any reward. For additional information on limitations on participation please see the Promotion Terms for details. 

 

  1. Wagering Requirements/Exclusions 

Any Action Required (see Section 4) completed outside of the Promotion Period, or wagers that are settled using the live “Cash Out” feature are excluded from this Promotion. Unless otherwise specified by Sponsor, this Promotion may not be combined with any other promotional offer. Please see Section 11 for restrictions related to wagering the Promotion Offer. 

 

  1. Order of Funds Used for Wagering 

  • Unless otherwise selected, the player’s cash balance will be used first to place wagers. 

  • Bonus Bets may be wagered on eligible ESPN BET markets and must be manually selected in your betslip window when placing a wager.  

  • For more information and restrictions on bonus funds, please visit our FAQ page. 

 

  1. Eligible Games 

Any market or game available on ESPN BET during the Promotion Period. Promotion Offer may be wagered on any market or game available on ESPN BET. 

 

  1. Restrictions on Withdrawal 

Bonus funds awarded are not transferable and cannot be substituted except in the Sponsor’s sole discretion. Bonus funds may only be used for wagering on your Account. Bonus funds may not be withdrawn from your Account until they have been converted to withdrawable cash.  

 

Bonus Bet funds are eligible to be wagered in line with all the following requirements (“Bonus Bet Requirements”) in order to be converted to withdrawable real cash: 

  • Bonus Bet funds can be redeemed on any Sportsbook market, including straights, parlays, and futures. 

  • Bonus Bets may only be redeemed one at a time. 

  • Winnings will automatically convert to real cash upon bet settlement.  

  • Bonus Bets cannot be used on any Casino games. 

 

  1. Cancellation 

To cancel participation in this or any promotion, contact customer support by email at support@espnbet.com with your cancellation request. Upon cancellation, you may withdraw any funds you have deposited into your account without restriction. However, any credits in your account must be converted to cash before it may be withdrawn. 

 

  1. Gambling Problem? 

  • Arizona: Gambling Problem? Call 1-800-NEXT-STEP. 

  • Colorado, Kentucky, Michigan, New Jersey, Ohio, Pennsylvania, & Virginia: If you or someone you know has a gambling problem, help is available. Call 1-800-GAMBLER.  

  • Iowa: Gambling Problem? Call 1-800-BETS-OFF. 

  • Illinois: If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537). 

  • Indiana: If you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. 

  • Kansas: Gambling problem? Getting help is your best bet. Call 1-800-522-4700. 

  • Louisiana: Gambling Problem? Call 1-800-522-4700. 

  • Massachusetts: Hope is here. Call (800)-327-5050 or gamblinghelplinema.org. 

  • Maryland: Must be 21+. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER. 

  • North Carolina: Must be 21+. Gambling Problem? Call 877-718-5543 or visit morethanagame.nc.gov. 

  • Tennessee: For problem gambling support, call or text Tennessee REDLINE: 800-889-9789. 

  • West Virginia: Gambling Problem? Call 1-800-GAMBLER or visit 1800gambler.net. 

 

  1. Other Terms 

  • In the event of any discrepancy or conflict between these Terms and Conditions and the Promotion Terms, these Terms and Conditions shall govern and prevail.  

  • All promotions are subject to the Sponsor’s Privacy Policy and general Terms and Conditions. 

  • You may only have one (1) active Account at any time. 

  • By accepting the Promotion Offer or any reward, you agree to abide by the Terms and Conditions of this Promotion offer. 

  • Offer subject to regulatory approval.  Void where prohibited by law. 

  • Sponsor expressly reserves the right to amend, suspend or terminate this Promotion at any time without prior notice or consent. Administration of this Promotion is at the sole discretion of the Sponsor.  

  • Sponsor reserves the right to restrict at any time any Account holder from participating in this Promotion for any reason. Any questions relating to eligibility, these Terms and Conditions or any other questions concerning this Promotion will be resolved at the sole discretion of the Sponsor and its decisions will be final and binding with respect thereto. No groups, clubs, corporations, companies, partnerships, or organizations may participate in this Promotion or reproduce or distribute any portion of these Terms and Conditions to their members. 

  • Any Account holder who is found to be ineligible to play on ESPN BET immediately forfeits any Promotion Offer or reward.  

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