This is usually set at -200 or longer (-150, +100, etc.). There are also odds requirements attached to this offer. One may offer it as a single bet token that matches your initial wager, while others will allow you to bet in smaller denominations, like 25% of your first bet. You may notice that each site disperses the bet credits differently. You wager on the Brooklyn Nets moneyline (+100), but they lose the game.

This is capped at a certain number, often ranging between $200 and $1,000.įor example, let’s say you’re joining a site with a bet credit up to $500. What Is a Bet Reward Credit?Īn insured bet is an offer where you’re refunded for your initial wager if it loses. In this article, I’ll provide a rundown on the ins and outs of bet credits, including the best offers and top sites for this bonus. We’ve also seen this offer termed as “no-sweat first bet' or “bet insurance.' Sportsbooks have many types of welcome offers, but bet credit reward offers are the most common. If you live in a legal sports betting state, then chances are that you have seen or heard a sportsbook ad where they mention bet rewards upon signup or some other offer.

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