Bally Bet Bonus Review – Is the Bally Bet Sportsbook Promo Code the best in February 2023?

BallyBet has put on a great special offer for new customers that comes in two parts. The first part simply gives you $100 in extra wagering credit just for signing up to the betting site for the first time. The second part is a risk-free bet bonus that refunds your first bet, if it loses, by 100% up to $550. This refund will be granted in bet credit.

As this is a welcome bonus, it means that you’ll have to register your first-ever account with BallyBet. This is a pretty simple task as it just means supplying some basic personal information like your name, address and social security number. Once you’ve done this, you’ll get your $100 in credit to play with. The second part of the bonus comes into play once you’ve made your first deposit and have put down your first bet. All in all, a great introduction to what BallyBet is all about.

Please Note: There is no current welcome bonus from Bally for New York bettors. Instead, NY players can opt-in on several other retention bonuses on sports via their brand new Bally Bet 2.0 mobile app.

What is the minimum deposit?

You won’t have to put down any kind of deposit to get the first part of this welcome bonus, as the credit will instantly be granted once you’ve verified your account. There is also no minimum deposit requirement for the risk-free bet part of the sign up offer. However, we should note the fact that each of BallyBet’s accepted payment methods like Play+ and ACH bank transfer will have its own minimum deposit thresholds. As a rule, you should be able to make a deposit at BallyBet from a minimum of $10 at a time.

What are the odds requirements?

You can only use the bonus bet credit on odds of anywhere up to +300. These same odds requirements apply to your qualifying bet for the risk-free bet bonus. Failure to observe these odds requirements may mean that you invalidate your welcome bonus.

Are there any wagering conditions?

No, there is absolutely nothing in the way of wagering requirements with this welcome bonus. The only thing that you have to do is to wager whatever bonus credit you receive at least once on the odds requirement and from here you’ll be able to withdraw whatever winnings you make as cash. Bear in mind that the bonus credit that you receive has no actual cash value and cannot be withdrawn.

Are there any time limits?

Yes, you have to use your bonus credit within seven days of receiving it. Failure to use your bonus within these time limits will mean that you’ll lose your bonus and any winnings made with it. We should note that each part of this sign up offer has strict time limits in terms of the overall promotion duration, so make sure that you don’t take too long in claiming these offers.

What bets can I use the bonus on?

You are free to use your bonus credit across the whole of the BallyBet sportsbook as long as the odds are within the required range and your bet is either a straight bet, a parlay bet, a progressive parlay bet, or a teaser bet. Just so you know, BallyBet has odds for sports like football, basketball, hockey, soccer, golf, MMA fighting, boxing, tennis, motor racing and much more.

We’ve been focusing on the main BallyBet welcome bonus, but this is an online sportsbook who’ll give you lots of special offers long after you’ve used up your sign up bonus. For example, we saw a great Football Collapse Protection deal that’ll give you a safety net for those crazy NFL losses. Then there’s the Happy Hour Monday promotion that simply gives you enhanced odds for Monday night football games. Don’t forget that there are similar deals for college football on Thursdays.

However, it’s the more long-lasting promotions for existing customers that really caught our eye. For example, there is a great promo that gives you trophies for all of your betting activity on the BallyBet app. Getting one of the 70 trophies means that you could be rewarded with plenty more bonus bet credit.

Then there’s the main BallyBet Rewards scheme itself. This is a deal that gives you reward points for straight bets, teaser bets, parlay bets and so on. From here you can collect these reward points and then trade them in for more bonuses or even use them to get benefits for your next stay at a BallyBet casino resort. All you need to do to join the reward program is to simply sign up to BallyBet and start betting.