The ESPN BET promo code SHNEWS unlocks a $1,000 First Bet Reset on any type of bet across 18 sports betting states. Here’s what you need to qualify for the promo:
- A new account applying ESPN BET promo code SHNEWS
- $10 deposit or higher
- A cash bet of any size on any market or odds
ESPN BET promo code SHNEWS
The $1,000 First Bet Reset, while boasting a fancy name, is a first bet insurance on your first bet within ESPN BET. The bet can be any size and on any type of bet such as a parlay or a moneyline – picking a team to win the game outright.
Any promo that is structured as a first bet insurance plays out two different ways depending on the outcome of your first bet.
Let’s use the Sunday NFL preseason matchup between the Denver Broncos and Indianapolis Colts. Imagine I place $200 on a +269 same game parlay for the Broncos to cover +1 and the over 38 total points in the game.
- A win cannot unlock bonus bets but plays out like a normal winning wager. In the example above, I profit $538 and keep my $200 stake.
- If my bet loses, I lose my cash to the house but ESPN BET deposits $200 of bonus bets to cover my stake