Bet365 First Bet Safety Net Pros & Cons

Pros

Offers a refund in the form of Bonus Bets for the first lost qualifying bet.

Covers a range of bet types, including straight and various parlay options.

Bonus Bets are credited relatively quickly after bet settlement.

Cons

Only the first qualifying bet is eligible for the bonus.

Restrictions apply to the use of Bonus Bets, such as on certain products, offers/promotions, and bet types.

Bonus Bets are non-withdrawable, and their wager is excluded from any returns.

Inactivity of 90 consecutive days leads to forfeiture of the Bonus Bets.

Up to a $1,000 Safety Net

The Bet365 First Bet, Safety Net Welcome Bonus, is designed for new bettors in New Jersey. It requires a minimum deposit of $10 and involves claiming the offer within 30 days of account registration. The key feature of this bonus is the potential refund in Bonus Bets, up to a $1,000 limit, if the first qualifying bet placed after claiming the offer is lost.

The refund applies to various bet types including straight, parlay, Same Game Parlay, or Same Game Parlay+. Bonus Bets are available for use typically within one hour after the qualifying bet settles, if a refund is applicable.

How to Claim the Welcome Bonus

Account Registration: Start by creating a new account on Bet365's platform, either through their website or mobile app. This is the initial step to access their sports betting services and the welcome offers.
Initial Deposit: A minimum deposit of $10 is required for new customers to qualify for either welcome offer. This deposit activates the account for further betting activities.
Placing the Initial Bet: Your first wager is covered up to $1,000. If this initial bet is lost, Bet365 reimburses your stake in bonus bets.

Terms & Conditions

Before participating in the Bet365 First Bet, Safety Net Bonus, it is crucial to understand and adhere to its specific terms and conditions. These rules are designed to define eligibility and the operational framework of the offer, ensuring clarity and fairness for all participants.

Below is a summary of the key terms and conditions associated with this sportsbook bonus offer, which apply exclusively to new customers and encompass restrictions on the types of bets that qualify for the bonus, among other important details:

The offer is exclusive to new customers.
The qualifying bet must be the first bet placed after claiming the offer and must be made with cash.
Partially cashed-out bets or bets edited using the Edit Bet feature are not eligible.
The offer does not apply to fully cashed-out bets, bets settled as a push, or bets deemed no action.
Bonus Bets or Gaming wagers do not qualify for a refund.
If a bet is settled partially, the refund will be calculated based on the difference between the original wager and the returns received.

Final Thoughts

The Bet365 First Bet, Safety Net Bonus, presents a specific opportunity for new users to receive a refund in Bonus Bets if their first qualifying bet is lost. While it offers a safety net for the initial bet, there are notable limitations and conditions that affect its applicability and the usage of the Bonus Bets. Users considering this bonus should carefully review the terms to ensure it aligns with their betting strategies and preferences.