No bettor wants to lose bets. Luckily, every once in a while sportsbooks offer promotions that refund losing bets. The sportsbooks don’t offer them every week, so bettors might want to pick these promotions up before they are gone. Losing your next bet might not feel so bad with one of these promos.
BetVictor and Betway Are Refunding Some Bets
BetVictor and Betway Are Refunding Some Bets
Highlights
- Promotions on BetVictor and Betway
- BetVictor refusing bets for new bettors
- Betway refunding NHL bets
BetVictor and Betway are refunding lost bets
BetVictor and Betway are offering promotions that refund some losing bets. Sports bettors hate losing bets, and there aren’t many better ways to make them feel good about losing a bet than a refund. One of these promotions will help bettors at least walk away with something after losing a big bet.
BetVictor
BetVictor is refunding new bettors in bet credits with the $1,000 safety net promo. Here is how the promotion works. First, create an account on BetVictor and opt in to the promo. After that, bettors need to place a bet with odds of +100 or longer on any sports market that isn’t a virtual sport. The bet must be placed within 14 days of opening your account. Only the first bet placed will count towards this promo.
If the bet loses, the bettor will be credited with bet tokens over a period of five days. The bettor will receive 20% of their stake back in bet credits each day until the entire stake has been refunded in bet credits up to $1000. Bets that are voided, cashed out, or partially cashed out won’t qualify. The bet credits expire after 14 days if unused. There are no wagering requirements. This promotion is a welcome bonus. Bettors can’t claim more than one welcome bonus on BetVictor.
Betway
Betway is also refunding bets in bet tokens up to $50. The sportsbook is refunding NHL bets with the NHL parlay insurance promo. First, place a parlay bet with three or more legs. The odds for each selection must be -333 or longer. Bettors will be refunded their stake in bet tokens up to $50 if the parlay loses by one leg. “Applies to 3+ leg parlays or same game parlays on the NHL Saturday games only.”
This promotion can’t be claimed more than once. The first bet that qualifies will count towards this promo. For this promotion to be claimed, none of the legs of the parlay can be voided. Bets that are cashed out or partially cashed out won’t qualify. Bets must be placed with real money or bonus bets. Bet tokens will be credited on Sundays and expire seven days after being issued. This promotion expires on April 18.
Kahfeel Buchanan graduated from Toronto Metropolitan University’s journalism program. When not reading, writing, or covering sports, he likes to drink coffee, watch movies, and more. He has years of sports writing and journalism experience. From covering basketball games at Toronto Metropolitan University for the school paper to writing about sports betting, he has published a ton of sports stories throughout his time as a journalist. His work doesn’t end there, Kahfeel wrote a bunch of opinion stories on the Toronto Raptors during his early years as a sports writer, once writing about Fred VanVleet making the NBA All-Star team months before his first All-Star selection in 2022. He works hard to give readers quality journalism and great stories.