Ten days may seem like a short period, but luckily, the wagering requirement attached to the bonus can be easily met within this time. Once your first wager on Parx Sportsbook is graded as a loss and you receive your free bet, you’ll be given ten days to meet the sportsbook’s 1x wagering requirement-you can’t withdraw the bonus until you meet this requirement. If you want to take advantage of the bonus, you need to plan beforehand and use the funds before they expire.
Bonus Code: A promotional code-mainly presented during the registration process-that’s used to unlock a sign-up/welcome bonus. Risk-Free Bets: Bonuses that offer refunds. 
Free Bet Offer: A bonus whose reward comes in the form of a free bet of a specific value. No Deposit Bonus: Bonuses that are offered freely without requiring an investment from a punter. For example, Parx’s welcome bonus has a $500 maximum refund. Total Bonus Available: The maximum amount a bettor can expect from an advertised promo. If you’re a first-time bettor, or if you truly want to take advantage of future bonuses, here are a few key terms that should always be at your fingertips: So if you lose your second, third, or fourth wager, don’t expect a bonus from the sportsbook.Īlso, if your first wager results in a win or a push, you don’t qualify for a bonus. It’s important to note that the refund aspect only applies to your first bet. You also need to deposit at least $10 after signing up to be eligible for the promo. But it should end up giving new bettors a safety net of sorts since there’s the guarantee of a refund if a bettor loses their first wager.įor example, if you wager $400 after signing up but unluckily lose your initial wager, Parx will compensate your losses by giving you a $400 refund-the bonus is given in the form of a free bet that’s equal to the amount of the qualifying wager.Īs per the terms of the promo, the maximum amount you can get back is $500. Truthfully, Parx’s welcome bonus is pretty standard across the industry. To get this welcome deal, you should use our promo code, “ BESTODDS“, when you’re creating your new Parx betting account. Like most sportsbooks, bettors who sign up at Parx are rewarded with a welcome bonus.Ĭurrently, this is the welcome offer available on the site: a $500 Risk-Free Bet.
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