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Betting.net / TVG Deposit Bonus 2024 | First Deposit Double Bonus

TVG Deposit Bonus 2024

Last Updated on May 16, 2024
Fact checked by: Jesse M Cox

With the TVG first deposit bonus, you can grab yourself a free bet worth up to $300 today. We’ll take you through all of the ins and outs of this bonus, including how to claim it and the most important terms and conditions to look out for.

Read on to find out how you can get your TVG double deposit bonus today!

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What do you get with the TVG first deposit bonus?

With the TVG deposit bonus, you can grab yourself a risk free bet worth up to the value of $300. To claim this bonus, all you have to do is sign up to TVG today, make your first deposit and then place a bet on a horse to win any race up to $300. If your bet loses, then you will get a TVG free bet token worth the same value as your losing wager.

$300 euros is the maximum bonus that you can get with the TVG deposit bonus, and in order to claim a bonus for that amount, you would be required to deposit and wager $300 of your own money. The minimum required deposit in order to claim this promotion is just $10 dollars, that means that the bonus is flexible to a whole manner of budgets.

With this bonus, it’s the amount you bet, and not your deposit that’s matched specifically. For example, if you sign up to TVG today and deposit $100 but only bet $50 and that bet loses, then your free bet bonus token will be $50. For a more traditional deposit match, check out the TwinSpires deposit offer code here.

Can you get the TVG first deposit bonus if your bet wins?

The TVG double deposit bonus comes in the form of risk free bet, meaning that you only get the bonus token if your first bet loses. If you make your first deposit and bet on a horse and it wins, you won’t get the free bet bonus token deposited into your TVG account. However, you will still have the winnings from your bet – so it’s not really all that bad is it.

Moreover, the qualifying bet required in order to claim the TVG first deposit bonus has to be a single wager on a horse to win any race. Unless you’re backing a banker, winner bets generally have longer odds. Therefore the chances of your bet coming up will be quite slim in most cases. Usually winner bets aren’t the wisest to back unless you have a good tip – but the TVG deposit bonus gives you a risk free way of placing such a bet.

What can you use the TVG deposit bonus on?

This is where the TVG bonus surpases most other risk free bets and deposit bonus of a similar ilk. While most risk free betting bonuses must be used as a single stake – just as the qualifying bet must be used as a single stake – your TVG first deposit bonus can be used to spread across multiple wagers.

You can therefore use your risk free betting bonus balance with TVG to wager on as many single horse wagers as you like – and as your bonus amount permits. One important thing to note though is that if you still have an outstanding bonus balance after the 30 day time limit period, that amount will be forfeited.

You can use the TVG bonus on literally any horse race found within the TVG online betting platform. The single wager types you can choose from include; win/place, win/show and win/place/show. You cannot use your TVG risk free betting bonus on any form of exotic wagers. This means that bets including exactas, trifectas, pick 3 and pick 4s are all excluded from being wagered on using your bonus.

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What tracks and races are available for use with the TVG bonus

As we mentioned above, the TVG first deposit bonus, and the qualifying bet required to claim it, can both be used to wager on any race on any track found within the TVG platform. To say that gives you quite a lot to choose from when using your bonus would be an extreme understatement!

There are literally hundreds of race tracks available with TVG, including all functioning US states and the top race tracks in Europe, Asia, Africa and Oceana. Here in the US, you can use your bonus on famous race tracks including the Kentucky Downs, Yonkers Raceway in New York and the Lone Star down in Texas.

Going international, you can wager on all of the best racetracks and events in the United Kingdom and Ireland, including Cheltenham and Curragh. Elsewhere in Europe, you’ll find race tracks in France, Germany, Denmark, Norway and more. In Asia, you’ll find Hong Kong, Singapore, Korea and Japan racetracks. Going down under, you can find Australia and New Zealand race tracks. Finally, elsewhere in the world you can use your bonus to punt on races in South Africa and Argentina.

What important terms do you need to consider with the TVG  deposit bonus?

Before you go ahead and sign up to TVG in order to claim this bonus, there are a few things that you should first consider. We’ve run through a couple of the main sticking points that you should take a short time to address before jumping in two footed to claim this bonus.

What state are you currently in?

As TVG is a horse racing betting site, it doesn’t fall into the category of other sports wagers, which are subject to far stricter restrictions and rules in the majority of US states. This does mean that TVG and the promotions they offer are more widely available than online sportsbooks for pro and college sports, however there are some restrictions. Additionally, the rules and minimum age restrictions do differ between states – but we’ll get to that in more detail in the section below.

What’s your budget?

Another thing that you have to seriously consider and keep in check is your budget. This isn’t a no deposit bonus like the LeoVegas 50 free spins. The main advertisement for this bonus does show a $300 free bet token. However we should remind you once more and stress that £300 is the maximum bonus that you can claim – there’s also a $10 minimum and everything in between. You shouldn’t deposit and bet more than you would otherwise have been budgeting for just because there was a bonus involved. At the end of the day, the real money deposit is your money, and a bonus is far from a guarantee that you’re going to get it back!

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TVG deposit bonus restrictions – know before you bet

Like every other betting bonus – and, well, everything in life really – there are terms and conditions to consider as well as some restrictions with the TVG first deposit bonus. Our experts have done the leg work for you by reading through the fine print of this bonus. We’ve highlighted the main restrictions below, alongside some short explanations on how you can best use them to your advantage.

Eligible states

As we mentioned above, TVG is more widely available than your regular online US sportsbook, due to the fact that it is a horse racing only betting site. There are, however, several state restrictions to look out for.

TVG and their promotions are not available in the following states: 

Alabama, Alaska, Georgia, Hawaii, Kansas, Maine, Mississippi, Missouri, Nebraska, Nevada, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Utah, Wisconsin, and the District of Columbia.

If you currently live in one of the above states, then there unfortunately isn’t really anything you can do, other than bide your time and hope for a change in legislation. Some of the states where TVG does operate, such as New Jersey and Pennsylvania, do allow non-residents to bet when they are physically inside state borders – meaning you could claim the bonus when on vacation to such states.

Age restrictions

The age restrictions on claiming the TVG bonus differs in some states. For the majority of states, the minimum age that you’re required to be in order to create a TVG account and claim this bonus is 18 years. However in Arizona, Indiana, Iowa, North Dakota, and Washington, the minimum age is 21 years.

If you’re underage in your state, it’s just a matter of biding your time unfortunately.  

Time limits

There are a couple of time limits to consider with regards to the TVG bonus. Firstly, you have 15 days from the moment your account is verified in which to place the qualifying bet required in order to claim your risk free bet.

Secondly, once granted, your free bet balance lasts for 30 days from the moment it is granted. Any bonus amount that has not been used within that time period will be removed from your account.

Overall, these time limits are pretty fair, just make sure you don’t open your account and then forget about it for a while. With the 30 day period for the bonus, the majority of people will want to use their bonus cash as quickly as possible – it’s just natural human instinct – so this shouldn’t hold you back too much.

Qualifying bet

The qualifying bet that you need to place in order to claim this deposit bonus can be placed on literally any race at any track, however it must be either a straight win, win/place, win/show or win/place/show wager. Exotic bets will not count as qualifying bets.

Overall, these are actually perhaps the fairest qualifying bet conditions we’ve seen for betting site deals of this type. For example, many other such bets would have more restricted bet types or race track and events. Additionally, risk free betting bonuses usually come with minimum odds attacked, this one does not.

Additionally, unlike the Mr. Green free spins, there are no wagering or turnover requirements to be met once your bonus has been converted into winnings.

Check out TVG’s other bonuses in 2024

The TVG welcome bonus is just to get you started, once you progress and start using the site as a regular player, you’ll find plenty of other promotions available. You can always find these easily by clicking on the promotions tab in the menu bar on the TVG website. It will release a drop down menu that lets you see the current bonuses in three categories. These three categories are; Live Promotions, Wager Rewards and Refer a Friend. You can also, of course, view all of the available promotions by clicking on the tab itself.

The most popular existing customer promotions with TVG are the Cash Back bonus and the Fee Free Deposits. The Cash Back bonus is a money back special that gives you your wager back if your horse comes second or third. It is offered on selected different races, tracks or events each week – so be sure to check in to find out what the promoted race is when you’re betting! With the Fee Free Deposits, TVG will waive their deposit fees for deposits of over $50 made on the days Monday – Thursday.

TVG deposit bonus FAQ

🤔 How does the TVG bonus work?

The TVG bonus currently being offered in 2024 is a risk free bet. If you don’t know how a risk free betting bonus for racing sites work, then we’ve got you covered. Follows this link to our TVG bonus deposit guide for a full explanation.

❓ What is the promo code for TVG?

There are actually several TVG promo codes, and they are constantly being updated and chopping and changing. There are two ways you can keep up to date with them. First, you can go to the website and check the small print in the bonus terms and conditions. Alternatively, we’ve made it easy for you here by listing them at Betting.net.

🏇 How can I claim the TVG risk free bet?

A step by step process to sign up, getting verified and claiming the TVG bonus can be found here. We’ve provided you with a guide on the TVG risk free bet that aims to make things easy – all thanks to our horse race betting experts based here in the US.

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