To get in on Monday’s betting action, sign up with ESPN BET, and use the ESPN BET promo code LABSNEWS to get a “bet insurance” promotion worth up to $1,000 in bonus bets.
The “bet insurance” kicks in on your first wager. You can bet any amount of $1,000 or less, and then if you lose, you get bonus bets equal to your stake. There are no restrictions on what to bet on.
You will receive the bonus bets from this promotion in five increments, each worth 20% of the bonus bets total. So if you go $1,000 in bonus bets, you would receive five bonus bet blocks of $200.
Bonus bets from ESPN BET have a seven-day betting period, after which they expire. When used to place bets, they do not return the original stake, only the profits.
You can sign up with ESPN BET in the following states: AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, and WV.
Getting value from ESPN BET’s bet insurance
Betting on the MLB slate could be the right move to strike value after you sign up and claim ESPN BET promo code LABSNEWS. Betting the maximum of $1,000 on an underdog is a solid course of action, as you have the potential for a lot of profits if you win. Even if you lose, you will still have $1,000 in bonus bets to keep betting.
The MLB Home Run Derby is the main sports event this Monday, and you could certainly bet on it. Pete Alonso is listed as the favorite to win by ESPN BET, at +275. The Mets star has notably been the Home Run Derby champion two times in the past. There’s certainly a good chance that he will come out on top.
Here is what could potentially happen if you bet $1,000 on Pete Alonso to win the Home Run Derby.
- If Alonso wins the Home Run Derby, you will get $2,750 in profits, and have your $1,000 stake returned. However, you will get no bonus bets from the promotion.
- If Alonso fails to win the Home Run Derby, you will get no cash back. However, you will get $1,000 in bonus bets.
How to activate ESPN BET promo code LABSNEWS and register
- You can click here to head to ESPN BET and begin the registration process.
- Input all required personal information to create your ESPN BET account.
- When asked to enter a code, use ESPN BET promo code LABSNEWS.
- Deposit a minimum of $10 into your ESPN BET account.
- Bet up to $1,000 on any market. If you lose your bet, you will receive bonus bets equal to your stake.
New users only, 21+. Gambling problem? Call 1-800-GAMBLER. Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, or WV in order to wager. Players must sign up using a specified Promotion code and then place an Eligible Wager on an Eligible Game during the Promotion Period. Bonus Bets will be credited upon making the first bet. Please Gamble Responsibly.
