theScore Bet Promo Code: First Bet Insurance Up to $1,000

TheScore Bet, a legal sports betting platform operated by Penn Sports Interactive, has launched a new welcome bonus for eligible users. The promotion offers first-bet insurance, allowing new customers to recover up to $1,000 in Bonus Bets if their initial wager loses.

How the Promo Works

New users who register, deposit at least $10 and place their first qualifying bet on any eligible market can receive a refund of 100% of their stake in Bonus Bets if the bet loses. The refund is distributed as five Bonus Bets, each worth 20% of the original wager. For example, a $500 losing bet would result in five $100 Bonus Bets.

Players must use the Bonus Bets within 7 days of receipt. These funds are non-withdrawable and can only be used for future wagers.

Eligibility and Terms

The promotion is available in the following U.S. States: Arizona (AZ), Colorado (CO), District of Columbia (DC), Indiana (IN), Iowa (IA), Illinois (IL), Kansas (KS), Kentucky (KY), Louisiana (LA), Massachusetts (MA), Maryland (MD), Michigan (MI), Missouri (MO), New York (NY), North Carolina (NC), New Jersey (NJ), Ohio (OH), Pennsylvania (PA), Tennessee (TN), Virginia (VA), and West Virginia (WV).

Users must be 21+ and have never deposited with a Penn Sports Interactive sportsbook before. The first bet must settle as a loss to trigger the refund.

Comparison with Other Sportsbooks

TheScore Bet’s $1,000 first-bet insurance sits between industry leaders like bet365 and DraftKings. For instance:

• bet365: Offers a $365 refund on a $10 bet, regardless of outcome.
• DraftKings: Provides $200 in Bonus Bets after a $5 wager.
• BetMGM: Offers up to $1,500 in Bonus Bets plus $50 in rewards points.

While theScore Bet’s structure emphasizes downside protection over immediate rewards, it appeals to risk-averse bettors seeking a safety net.

User Experience and Features

TheScore Bet integrates seamlessly with theScore’s sports news and analytics platform, offering real-time scores, live betting odds, and in-game stats. The mobile app, available on iOS and Android, features a streamlined interface for quick bet placement and live updates.

Additional promotions for existing customers include odds boosts, par