For your first real money wager up to $1000, you will receive a risk free bet. First, make your initial cash deposit onto the Sportsbook. Then you can proceed to place your first cash wager on the sportsbook. You can wager up to $1000 and if that bet loses, you will be refunded in the form of bonus money matching the amount of your cash wager. This applies to all players first ever cash bet. No Opt-in is required. If your first cash wager results in a win, no bonus funds will be rewarded.
Your first cash wager can be placed on ANY sporting event and wager-type to be eligible for the Risk-Free bet, EXCEPT for a round-robin parlay.
Once credited, you must complete the playthrough requirements in order to convert bonus funds into withdrawable cash. To get the bonus money in your account to convert to cash, you must playthrough the original amount of your bonus funds. On sportsbook bonus funds we require a 1x playthrough before it converts to your cash wallet. And bonus funds are required to be bet on odds of -200 or longer. So you must bet on a game that has odds such as -150, -110, +120 etc.