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July 13, 2022Bally Bet is a great new addition to the online sports betting marketplace. With the iconic Bally brand recognizable to bettors and, more importantly, the impressive technology powering the site, there is every reason to believe Bally Bet will be a success.
Bally Bet officially hit the United States market in May 2021, beginning in Colorado. Aggressive expansion is in the plans, with additional states primed to follow. Now a part of Twin River Worldwide Holdings, Bally’s is once again ready for United States growth. The Bally Bet product exceeds expectations with an excellent website, app, and solid promotions.
Bally Bet needed to open with a strong new customer promotion to compete with other established sportsbooks. And they have certainly come through in that regard. All new customers are eligible for a $550 risk-free bet, which is a bigger offer than most other sportsbooks. No Bally Bet promo code is required.
Once you sign up for an account, you are ready to make a deposit. If you plan on taking advantage of the risk-free bet offer, consider depositing up to or more than $550. For example, if you make a $550 deposit and use it for your first bet, all $550 is eligible for the risk-free bet.
After making a deposit, you are ready for your first bet. Remember that if you make several bets at once, as many people do on big sports days, only the first one is eligible for this promotion.
Let’s say you decide to make an NBA bet on the Boston Celtics. With Bally Bet, you have more options than other sportsbooks. You can bet on the Celtics to win their next game, but you could even take them to win the title as long as they are still below +300, the maximum payout odds allowed for the risk-free promotion. This risk-free bet must be graded no later than 24 hours after the promotion expiration date (please check).
Using the Celtics example, let’s say you decided not to lock up your money and took them -4 for $200 over the Nets. If they win by 6, you can continue after your first big win. If they end up losing, no worries, you’re covered. Within 24 hours after the wager is graded, $200 will appear in your account as a Free Bet credit. You can use that credit to wager on whatever you like, but it has to be in the form of a straight wager, teaser, or parlay. And you have to use the entire credit within seven days, or it will expire. Still, it’s free!
Remember that the risk-free bet is online only. Only the winnings of the risk-free wager will be credited to your account and available for withdrawal. The risk-free amount does not count. So if you bet your $200 risk-free bet credit and it won, you can collect the winnings but not the $200 credit.
Every day, Top college and pro sports betting odds and picks can be accessed and made at Bally Bet.