Bally Bet $50 in Bonus Bets

The "Bet $10+, Get $50" promotion is a new-bettor sportsbook offer that grants bonus bet tokens in exchange for a first qualifying wager. This review looks at the eligibility, terms, restrictions, and overall value of the offer.

Eligibility & Requirements

The promotion applies only to a single first-time wager of $10 or more on odds of at least -250. Splitting the amount into multiple bets does not qualify. The bet must be placed and settled within 28 days of registration, and certain bet types, such as cashed-out wagers, are ineligible.

• New, fully verified BallyBet bettors who have not previously placed a sports bet on the platform.
• Physically located in Arizona, Colorado, Indiana, Iowa, Maryland, Massachusetts, New Jersey, New York, Ohio, Tennessee, or Virginia.
• At least 21 years old and not excluded from gambling by law.

Once the qualifying bet settles (win or loss), the $50 in bonus bet tokens are credited to the user’s account within 48 hours. However, these tokens:

• Expire within 7 days of issuance.
• Cannot be withdrawn—only winnings from wagers placed with them are eligible for cash withdrawal.
• Must be used on eligible bet types, including straight bets and parlays.

If a bet using bonus tokens is voided or canceled, the token is forfeited without replacement.

• Wagers settled as a push do not count toward the promotion.
• Cash-out voids eligibility, meaning users cannot withdraw early and still receive the bonus.
• Future bets are accepted but must settle within 28 days to qualify.
• It cannot be combined with other promotions.

Additionally, Bally’s reserves the right to modify, suspend, or cancel the promotion at its discretion.