Author:
Stephen McAllen
Last Updated:
03/07/2022
Topic:
Betstars Bonus
Experiences:
Huge sports fan!
Topic:
Betstars Bonus
Experiences:
Huge sports fan!
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The BetStars deposit bonus code deal is somewhat unusual and not what you’ll find with most American betting sites these days. Therefore, in this article, we’ll closely examine this BetStars promo for new punters in all of its important aspects. Plus we'll let you know if you need a BetStars bonus code to activate the BetStars Welcome Bonus.
BetStars is now FOX Bet
The Stars Group, the previous operator of BetStars, has teamed up with FOX and decided to establish a joint sports betting brand under the name "FOX Bet". You will find all the changes that go along with this in our FOX Bet Review.
There are no wagering requirements or anything of the sorts attached to the BetStars Welcome Offer. The bonus money itself will disappear once your wager comes in and you’ll only be paid your winnings, which is something to consider when deciding on how much risk you’re willing to take. The only slight downside is that you can only bet on a couple of options, namely single betting and parlays.
Bonus Amount
The maximum amount you can get from this BetStars bonus is USD 500. This is definitely one of the biggest BetStars promotions. There is no the minimum bet stipulation so you can pretty much go as low as you like. However, keep in mind this is a one-off offer, so you’ll only get a free bet in the amount of your very first bet. Any bets you place afterwards will not count.
Betstars Promo Code
The important thing to immediately understand is that you are only issued a single free bet for the amount lost on your initial wager. This is definitely a slight downside of the BetStars welcome bonus as it prevents punters from minimizing their risk by spreading the bonus across several different bets to ensure they at least get some cash back.
Table of Content
This is definitely an interesting bonus offer as it acts like a safeguard in the event things don’t go as planned with your first bet and gives you more confidence to take some risks when you first joined the bookie. Armed with the knowledge you’ll get a refund and another shot at it, you can definitely take some chances.
There is nothing special you need to do to qualify for the BetStars Welcome Offer as you don’t need a BetStars deposit bonus code or anything of the sorts. Simply deposit at least as much as you’re willing to risk on your first bet and then go for it. Since the bonus is structured to only pay when you lose, you’re allowed to take any picks for your first bet, so you can try to play it safe or go crazy with some really long odds.
If your first bet does happen to lose, you’ll receive your bonus bet and you can then use it according to the rules described above. Depending on how you feel and what you want to achieve, you can play some safer odds to try and win some of your money back or you can really go for it seeing it’s a free bet after all and find some long odds to try and win huge.
To compare this offer with other popular promotions, have a read of our FanDuel bonus code, Betfair sign up bonus and Caesars online sportsbook bonus code guides.
When it comes to regular boosts and promotions for existing players as well as the BetStars Welcome Bonus, BetStars is one of the better choices out there. The bookie really knows how to do right by its customers and there is a variety of promos to take advantage of around the clock. On top of this, there is also the loyalty scheme, which rewards punters based on the points accumulated by placing wagers, giving them a shot at some extra cash.
- Regular odds boosters – bet on popular events with improved odds
- Frequent deposit bonuses to add some extra cash to your betting bankroll
- Matched free bets – get a free bet after wagering a certain amount
- Spin & Bet – bet with a chance to have your winnings multiplied up to 10 times
Looking for more loyalty bonuses? We've got reviews on the latest Borgata sportsbook promo and BetAmerica signup bonus.
Betstars Sports Bonus
BetStars features a solid selection of sports and betting markets, covering all major sports such as football betting, soccer, NFL, baseball, golf, basketball, tennis, hockey, motorsports, and many more.
If you fancy trying your luck on any of these markets, we have tested the BetStars $500 risk-free welcome bonus for you. Below, we highlight whether it is worth taking advantage of.
Without the need to locate a bonus code, the process of unlocking the bonus at BetStars is a fairly simple one.
Due to the very nature of the new customer bet insurance bonus, bettors will need to sign-up to the site in order to take advantage of the offer.
The sign-up is very simple and follows the basic KYC process, as you'd expect from any licensed and legitimate online sportsbook.
Once verified, all that is left to do is deposit into your account and begin placing your sports wagers. A minimum of $10 must be deposited to unlock the bonus, with a top-end of $500. It is worth noting that the bet insurance is limited to $500 - any bets that lose beyond this value will be capped at $500 worth of betting credits.
Not often can we suggest a bonus is win-win. However, the style of bet provided by BetStars isn't far off. After making their first deposit and placing their first wager, new customers will see their bet win or lose. If it wins, all funds received will be withdrawable as per the usual process. If they lose, they will receive 100% of the money back in betting credits, up to the maximum value of $500.
Any betting credits will be non-withdrawable but can be used on-site.
The simplistic nature of this bonus bet ensures that new customers of the BetStars site do not fall foul to any hidden terms. However, we at Captain Gambling did spot that the bonus credits will expire within 7 days.
Once your initial wager has resulted, we would advise keeping track of the days and markets available to you, in the hope you can find a suitable fixture to place your bonus credits on within that 7 days period.
Here at Captain Gambling, we love a risk-free sports betting bonus, and BetStars have delivered on every level.
The insurance bonus allows new customers to test the waters, safe in the knowledge that their funds will be returned in full as betting credits if their wager results in a loss. If it results in a win, they can withdraw with ease from a reputable and reliable site that is home to quick withdrawals.
Home to a great selection of sporting markets, we are certain players will be able to make use of their bonus credits before the 7-day expiration hits. Overall, we believe the BetStars $500 bet insurance new customer bonus is fantastic, and any sports betting enthusiast should consider having a read through the terms and conditions themselves - they may just find their next bonus!
If you ever dreamt about placing a large bet and chasing long odds but never felt comfortable enough to actually do it, this is a pretty good opportunity to do just that. Sign up with BetStars today and take your shot at big bucks with the Betstars Promo Code. If it doesn’t work out, at the very least you’ll get your money back to go for it again!
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