Unibet: 2nd Chance Bet Up to $50

8 min read

Welcome Bonus

Unibet 2nd Chance Bet Up To $50
Unibet Sportsbook
10/30/2024
expire
Easy
to obtain
-250
min. odds
1x
wagering req.
7 days
wagering period

About the Bonus

Unibet: 2nd Chance Bet Up to $50

The Unibet Second Chance Bet up to $50 is a promotional offer for new players at Unibet Sportsbook. This offer is designed to provide a form of compensation if a player's first wager results in a loss. To be eligible, a player must create a Unibet account and opt-in for the “NEW PLAYER OFFER | Second Chance Bet Up To $50.” The essence of the offer lies in its mechanism of granting a second chance: if a player's first qualifying pre-match sports bet, placed at odds of -250 or greater, is lost, the player is credited with bonus money equivalent to 100% of their initial stake, up to a maximum of $50.

This offer is specifically tailored for new players who have not previously claimed a sign-up bonus with Unibet. The minimum qualifying bet is $10, and the maximum coverage provided by the Second Chance Bet is $50. The bonus funds awarded through this offer are subject to a wagering requirement of 3x on any sportsbook market, also at odds of -250 or greater. The promotion is valid from December 15, 2023, to October 31, 2024, and is available exclusively to players who are 21 years or older and located in the state of New Jersey.

Pros & Cons

Pros

  • Risk Mitigation: The bonus provides a safety net for new players, allowing them to get a refund in bonus funds if their first bet loses.
  • Simple Qualifying Criteria: The offer is straightforward, requiring only an opt-in and a qualifying bet to participate.
  • Flexibility in Betting: Players have the freedom to place their first bet on a wide range of pre-match sportsbook markets.
  • Extended Promotion Period: The offer is available over a lengthy period, giving new players ample time to join and participate.

Cons

  • Geographical Limitation: The offer is restricted to players in New Jersey, limiting its availability.
  • Wagering Requirements: The bonus funds come with a 3x wagering requirement, which might be challenging for some players.
  • Odds Restriction: Bets must be placed at odds of -250 or greater, which could limit betting options.
  • One-Time Use: The offer is only applicable to the first bet, making it a one-time opportunity.

How to Claim

Claiming the Unibet Second Chance Bet up to $50 involves a series of steps starting from registration to placing the qualifying bet. As a new player, it is essential to understand the process to ensure eligibility and proper claim of the offer.

Step-by-Step Guide:

  1. Registration: Visit the Unibet Sportsbook website and initiate the sign-up process.
  2. Select the Offer: During registration, opt for the “NEW PLAYER OFFER | Second Chance Bet Up To $50.” Skipping this step will render you ineligible.
  3. Account Creation: Complete the registration by providing all necessary personal information and verifying your account.
  4. Opt-In: Once registered, go to the bonus offers section and opt-in to the Second Chance Bet offer.
  5. First Deposit: Make a deposit into your Unibet account, ensuring it is sufficient to cover the minimum bet of $10.
  6. Place Qualifying Bet: Place your first pre-match sports bet with odds of -250 or greater. The minimum bet is $10, and the maximum coverage is $50.
  7. Outcome: If your first bet wins, you receive your winnings. If it loses, you’ll receive the bonus funds equivalent to your stake, up to $50.
Unibet Sportsbook

Generous Welcome Bonus

Go to Website
AFL
AHL
CAN
ATP
F1
AZ
IN
NJ
PA
VA
USD
Mastercard
VISA
Paynearme
PayPal
200
user reviews
$10
min deposit
Varies
max withdrawal
1-5 days
withdrawal speed
1-4.9%
margin

Terms & Conditions

Understanding the terms and conditions of the Unibet Second Chance Bet is crucial for players to ensure compliance and effective utilization of the offer.

Key Terms and Conditions:

  • Eligibility: Offer exclusive to players 21+ in New Jersey who are new to Unibet and have not claimed a sign-up bonus.
  • Opt-In Requirement: Must select and opt-in to the offer via the bonus section.
  • Bet Criteria: First pre-match bet at odds of -250 or greater. Minimum $10, maximum $50.
  • Wagering Requirement: Bonus funds must be wagered 3x on sportsbook markets at odds of -250 or greater.
  • Time Limitation: 7 days to opt-in and place a qualifying bet after receiving the offer.
  • One Per Player: Limited to one per player, household, or IP address.
  • Exclusions: Real-money bets only; cashed-out bets, bonus bets, and profit boosts do not qualify.
  • Withdrawal Restriction: Bonus funds and winnings can only be withdrawn after meeting the wagering requirements.

Conclusion

The Unibet Second Chance Bet up to $50 offers a unique opportunity for new players in New Jersey to engage with the sportsbook with a form of risk mitigation. This promotion, focused on the first bet, provides a safety net in the form of bonus funds, which can be used on a range of sportsbook markets. However, the geographical restriction, wagering requirements, and specific conditions related to the odds and qualifying bets are factors to consider. Ultimately, this offer presents both an opportunity and a challenge, embodying the essence of sports betting where risk and potential reward are closely intertwined.

Similar Bonuses

Welcome Bonus

ESPN BET 200% First Time Deposit Match

ESPN Bet Sportsbook
Medium
to obtain
05/31/2024
expire
21, Terms and Conditions Apply
Bonus review
Welcome Bonus

ESPN BET $1,000 Bet Reset

ESPN Bet Sportsbook
Medium
to obtain
05/31/2024
expire
21, Terms and Conditions Apply
Bonus review
Welcome Bonus

ESPN BET $1,000 Bet Reset

ESPN Bet Sportsbook
Medium
to obtain
05/31/2024
expire
21, Terms and Conditions Apply
Bonus review

Meet Our Authors

Mike made the decision to dive headfirst into the booming world of sports betting fresh out of college. Back in the day, when 1-800 pick lines and sports pagers were all the rage, he couldn't resist the allure, having grown up idolizing sports legends like Sweetness, MJ, and Slammin Sammy. Mike dedicated his early years to the industry, tirelessly analyzing games, writing articles with free picks, and selling his expertise on reputable handicapping sites. Unlike many others, Mike was known for his integrity and only released one Game of the Year per sport, per season. His hard work and unwavering commitment paid off, earning him a devoted following and propelling his career to new heights. Then came the explosion of Daily Fantasy Sports. Believe it or not, companies like DraftKings and FanDuel used to pay Mike's company to increase their brand exposure. Now, those same industry giants don't even bother responding to his emails. While Mike appreciates the convenience of being able to place legal bets in his own backyard, he can't help but feel disheartened by what has become of the industry. People are being led astray, falsely believing that a mere $5 wager on a 20-team same-game-parlay will be their ticket to financial security. If there’s one thing Mike learned from making book back in the day, it’s that parlays are a bookie’s best friend. A bankroll is the only leg you have to stand on in the battle with the books, and Mike’s here to offer up advice on how to protect it.

Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol's interest in sports was sparked at a young age, inspired by athletes such as Barry Sanders, Michael Jordan, and Wayne Gretzky. This early fascination evolved into a deep-seated passion, guiding him toward a career in sports journalism in 2007. Over the years, Sol has contributed thousands of articles and reviews to dozens of online platforms, sharing his research, knowledge, and perspectives.

“In the world of sports betting, truth is more valuable than any bonus offer.”

ExperienceYear
Content Manager, OnlineCasinoReports2012-2021
Sports Journalist, Dottraffic2009-2011
Content Writer, HouseTech2007-2009
Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game back in 1998, and he's written about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports, and his sports betting expertise has grown since its legalization in Ontario in 2022. 

Between 2022 and 2023 he worked for a betting startup called NorthStar Bets, and in 2024 he contributed to Oddspedia before joining the Responsible Gambling team.