You can cover your first bet up to $1,000 by signing up with the ESPN BET promo code SHNEWS. ESPN BET has rapidly expanded across the United States and you can wager on the app in 18 legal sports betting states.
How to use ESPN BET promo code SHNEWS
You may have seen first bet insurance offers among many sports betting sites since they are often marketed as a ‘no sweat bet’ or a ‘first bet on the house’. Essentially, you either profit cash or have a second chance with your stake amount in the form of bonus bets.
Here’s a quick example.
Let’s say I placed $500 on the United States +500 to reach the final of the Copa America Tournament.
- If I win, I profit $2,500 and keep my $500 stake. This means my account would reflect a $3,000 cash balance that can be used to fund other wagers or withdrawn.
- A loss means ESPN BET reimburses my $500 with $500 of bonus bets to use within the platform