No Sweat First Bet Bonuses
What exactly are no-sweat first bet bonuses and how do they work? Read on to find out more about no-sweat bet offers and how you can implement them into your betting strategy.
A No Sweat First Bet can also be marketed under different labels, including:
- Bonus Bets
- Second Chance Bets
- No Regret First Bet
- Bet Insurance
No sweat first bet promotions are popular with new US bettors. With it, users can deposit and place their first bet. If the bet loses, they will get the money back in the form of bet credits.
No Sweat Bet Sportsbook Offers
Most US sportsbooks offer no sweat bets to new users. Here are some of our favorite offers:
Below, we’ll explain how No Sweat First Bet promotions work, the steps you need to take to qualify for it, what terms and conditions you need to pay attention to, and how to get the most value out of this promo.
What Is a No Sweat First Bet?
A No Sweat First Bet is a type of sportsbook promotion that gives new customers bet credits if their first bet loses. They’re like refunds, except sportsbooks issue them as non-withdrawable bonus bets, not cash.
So, let’s say that you’ve deposited $250 into your account and placed all of it on a market of your choice. If you win the bet, you get to keep the winnings as usual, but if you lose, the sportsbook will reimburse you with $250 in bonus bet credits.
The $250 you get back is not withdrawable. Instead, you will get the money in the form of bonus bet credits, and you must wager the sum at least once. Also, if you win with the bonus bet, you’ll only get to keep the profit (but not the stake). For example, when you place your $250 bonus bet on the odds of +200 and win, your payout should be $750; however, since the stake is subtracted, you’ll only win $500.
Note: US online sportsbooks used to call this type of offer a ‘’free bet, but regulators have restricted the use of the words “free” and “risk-free” to describe sports betting promotions.
How Can I Claim No Sweat Bets?
To claim No Sweat First Bet promotions at online sportsbooks, you must be a new depositing customer of legal age located in a state where sports betting is legal.
If you meet the basic criteria, claiming the No Sweat First Bet is easy:
- Use one of the links on this page to go to a sportsbook that offers a No Sweat First Bet.
- Join the sportsbook by filling out a simple registration form with your name, birthday, SSN, and other personal details.
- Complete your first deposit using any available method.
- Place your first bet on any eligible betting market.
- If your first bet loses, you will get to claim and use your bet credits.
Note: No Sweat First Bet credits may take up to 72 hours after the bet settlement to appear in your bonus balance.
No Sweat First Bet Terms & Conditions
Just like all sports betting bonuses, No Sweat First Bets come with a list of rules each user must be aware of in order to use the promo correctly.
Eligibility
Since this is usually a welcome offer, it’s exclusive to new customers. If you already have an account with a sportsbook offering a No Sweat First Bet, you won’t be able to claim it, and the offer can only be claimed once.
The minimum age for creating an account at a US online sportsbook is 21 in most states, and you must be physically present in a state where the given sportsbook is licensed to operate.
Occasionally sports betting apps will offer no sweat first bets to existing users, usually as a promotion for a major event like the Super Bowl.
Minimum Deposit & Qualifying Wagers
To use No Sweat Bets, bettors must make a minimum deposit and place a qualifying wager. The minimum deposit limit is usually $10; however, keep in mind that your No Sweat Bet will be limited to the amount of your first deposit.
There are usually no restrictions in terms of betting markets and minimum odds for qualifying wagers, but we recommend reading the fine print of any offer before claiming it just in case.
Tip: If your first bet is a parlay, most online sportsbooks will only count the first selection as your qualifying bet.
Time Limit
Sportsbooks will usually put a time limit on using No Sweat Bets. For example, bet credits resulting from many sportsbooks’ No Sweat First Bet offers must often be used within 7 days after being credited to your account; otherwise, the unused portion of the bet credits will become void.
Note: No Sweat first bet promotions usually have an expiration date. All reputable sportsbooks clearly state the promo period and end date.
Do All US Sportsbooks Offer No Sweat First Bets?
While the No Sweat First Bet is one of the most popular types of new customer promotions at US online sportsbooks, it’s not the only type of promotion bettors can take advantage of.
For instance, some sportsbooks offer each new customer “bet and get” offers once their first bet of at least $5 is settled. Unlike the typical second-chance bet, this one doesn’t require the user to lose the first bet.
Instead, you will get your bonus bet credits regardless of whether your initial wager hits or misses.
Final Thoughts: Are No Sweat Bets Worth Taking?
Taking advantage of No Sweat First Bet promotions is an excellent way to start your sports betting journey. It’s a win-win scenario: if you win the initial bet, it’s business as usual, but if you lose, you get your money back so that you can try again.