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18+

Bonuses

Second-chance bet

If your first bet loses, the bookmaker refunds the stake, usually as a bonus bet rather than cash.

Also called First bet refund, Bet insurance, Risk-free bet

Example First bet $20 loses: you get a $20 bonus bet.

Watch out: ‘Risk-free’ is misleading: the refund is a bonus bet with its own terms, worth less than cash. Some regulators have banned the phrase.

Related

Bonuses Bonus bet A bet token from the bookmaker. In most cases only the winnings are paid, not the token’s own value. Bonuses Welcome offer The bonus a bookmaker gives new customers, often free bets or a match on the first deposit. Always read the wagering, minimum odds and expiry first.

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