BetStars Bonus Code 2020
- Risk Free Bet Offer
- First Bet is Refunded up to $500
- Refund Can be Wagered as Single Bet
- Single First Bet Applies
- Minimum Wagering Odds -200
Get your BetStars Bonus
- Many different sports to bet on
- Good betting odds for all sports
- Great number of promotions
- Fully licensed and legal in some states
- Poker and casino also available
BetStars is one of the rising stars in the US online betting market and with the BetStars bonus code giving new players a chance to get up to USD 500 of their first bet back, the site is even more attractive to players of all shapes and sizes. Owned and operated by The Stars Group, an absolute leader in the online poker world, BetStars has the experience and the know-how required to make it in this competitive industry.
The bonus offer 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.
BetStars Bonus Examined in Detail
If you’re looking for a place where you can place your sports wagers in a safe and fully regulated environment, BetStars is definitely a good choice. And, to get you started on the right foot, the bookie offers a nice welcome bonus that pretty much gives you a free shot on your very first bet. If you want to know more about how it all works and how valuable this BetStars deposit bonus really is, keep on reading.
Type of Bonus
This particular bonus is issued in the form of a free bet, which matches your very first bet made on BetStars in the event it loses. So, for example, if you deposit some cash and place a bet of USD 200, if the bet loses, the bookie will issue a free bet in the amount of USD 200. The maximum refund you can get from this offer is USD 500.
Although this is an offer similar to what you can get from BetAmerica promo, at least in terms of the monetary amount, things work slightly differently with this bonus. In the following paragraphs, we’ll explain all the necessary details so you know exactly what you can expect from this BetStars promotion.
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 this offer 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.
The maximum amount you can get from this BetStars bonus is USD 500. 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.
With that in mind, you’re probably better off taking a slightly bigger risk and placing a larger wager with somewhat longer odds. If you happen to win, more power to you, as you’ll be paid your winnings with no restrictions whatsoever. If you lose, however, the bookie will refund you with a free bet, which you can then take and use on a different event or competition and try your luck once again.
BetStars Bonus Conditions
This isn’t a deposit bonus so the amount that you deposit into your BetStars account when you first join has no effect on the amount of bonus cash you’ll receive. Instead, only the amount of money you decide to put on the line with the very first bet with this operator will count towards your potential bonus.
You’re free to bet on anything you like with your money. If your first bet wins, there will be no bonus and you’ll be paid your winnings according to the odds. If you lose, however, you’ll qualify for the bonus bet worth exactly the amount you lost with that initial wager. Of course, as already stated, the maximum refund is capped at USD 500.
There are no wagering requirements or anything of the sorts attached to the bonus. 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 Type||Risk Free Bet|
|Example||Bet $250 to Get $250 Free Bet|
|Rollover||1x Bonus, to get Winnings from Risk Free Bet||Max. Time||90 Days|
Bonus in Practice
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 this 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.
The important thing to keep in mind about this particular BetStars promo code is that all money contained in the free bet is non-cashable. This means that those funds will disappear once your selected wager comes in. You definitely need to keep this in mind when making your selections and account for this fact when figuring out what you stand to win.
For example, if you place a wager on a selection with odds of 2.00, the total payout will be USD 1,000. However, before you’re paid, the USD 500 (the amount of your free bet) will be deducted. Only then you’ll be paid the rest of the money. These winnings, however, come with no further wagering requirements or other restrictions and you’re free to cash them out or do with them as you see fit.
BetStars does support a solid range of banking methods so you should have no problems cashing out your bonus winnings or any winnings in general for that matter. Available withdrawal options include PayPal, Skrill, NETELLER, eChecks, and bank transfers. Of course, you can also opt to cash out in person at the physical cashier.
When it comes to regular boosts and promotions for existing players, 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
BetStars Bonus Code FAQ
"Your Free Shot at Big Bucks"
"Your Free Shot at Big Bucks"
This bonus code for BetStars gives you a free shot at winning some cash if your first bet happens to lose. While it may not be your standard welcome bonus, it is a nice offer that gives you some freedom and reassurances that even if things don’t work out, you’ll at least get one more shot “on the house.”
Of course, with BetStars, you’ll have access to a nice range of betting markets so you’ll have a great range of opportunities to find a particular sport or a league that you’re knowledgeable about. So, with some free money to use as you see fit and this additional knowledge, this offer is actually pretty good and could result in a solid bankroll boost.
Become a Betting Star with BetStars
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. If it doesn’t work out, at the very least you’ll get your money back to go for it again!
BetStars is owned and operated by The Stars Group, a company with a great reputation in the iGaming world, primarily because of their achievements in the online poker arena. The company has taken its expertise and experience to the sports betting sector as well and launched BetStars, a sports betting operator that offers everything a player needs to have fun and win some cash.
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, motor sports, and more. Although the selection isn’t as extensive as with some other bookies out there, it is quite solid and most punters should be more than happy with it.
Of course, like all modern betting operators, BetStars also offers in-play betting, covering some of the major sporting events and giving players a chance to place live wagers with lines and odds changing in real time, creating some fast-paced action.
Security and License
Being backed by a company with such a great reputation in the iGaming world, BetStars immediately stands out as a safe and reliable option for the players. The company behind the bookie is a one that’s been serving players from all over the globe for decades and they’ve always done it in a transparent and fair manner.
Talking about licensing, the operator is fully licensed by the state of New Jersey, so there is nothing to worry about. Punters can enjoy their time here and rest assured they’re breaking no laws when placing their bets and fully expect to get paid in full and on time when they happen to win.
This bookmaker has a solid and dedicated customer support team working behind the scenes, making sure players are taken care of at all times. The support department is available 24/7 and customers can reach out via email, the contact form on the page, the live chat facility, as well as the direct telephone line to BetStars.
Overall, support agents are quick to respond and try their best to help punters. While some questions are trickier to answer than the others, they always put forth an effort and maintain a friendly and professional demeanour throughout all interactions.