The bet 10 get 50 promotion is a popular incentive in the sports betting industry, giving new bettors a chance to explore sportsbooks with minimal risk.
The sports betting industry has become increasingly competitive, with sportsbooks deploying aggressive promotional strategies to attract new customers. Among the most popular and straightforward offers is the "bet 10 get 50" promotion, which has become a standard incentive across leading online sportsbooks. This type of welcome bonus appeals to new bettors because it provides immediate value with minimal initial investment, allowing them to explore the platform's features while receiving substantial bonus funds to place additional wagers.
The bet 10 get 50 promotion represents one of the most accessible welcome bonuses in the sports betting market. The basic structure is straightforward: new customers deposit a minimum of $10 and place an initial wager of at least $10, after which the sportsbook credits their account with $50 in bonus bets (also called bet credits). This offer operates on what's known as a "no-lose" first bet model, meaning customers receive the bonus regardless of whether their qualifying wager wins or loses.
The appeal of this promotion lies in its simplicity and low barrier to entry. Unlike deposit match bonuses that require larger initial investments, or no-deposit offers that may be limited, the bet 10 get 50 structure provides immediate, tangible value to new customers without requiring them to risk substantial amounts of their own money.
The mechanics of claiming a bet 10 get 50 bonus follow a standardized process across most sportsbooks:
While the core bet 10 get 50 structure remains consistent, sportsbooks implement variations to differentiate their offerings. Bally Bet's version is straightforward: a $10 qualifying bet earns $50 in bonus bets with no promo code required. Other sportsbooks modify the formula by offering larger initial bonuses (such as BetMGM's $1,000 first bet on the house or FanDuel's bet $5, get $200 in bet credits) or by structuring bonuses differently, such as PointsBet's $200 in bet credits plus a $100 first bet available daily for five days.
Bally Bet exemplifies the classic bet 10 get 50 offer. The promotion requires no promo code to claim—customers simply click through to the sportsbook and complete the signup process. New users must deposit at least $10 and place a wager of $10 or more. Once this initial bet settles, they receive two $25 bonus bets within 48 hours. Importantly, the qualifying bet can be placed at odds of -250 or longer, and customers receive the bonus whether their first bet wins or loses.
The offer has an expiration date, with this specific promotion being valid through July 28, 2025. Customers have a 28-day window from account creation to place their qualifying wager to remain eligible.
See how the bet 10 get 50 promotion impacts the sports betting industry and its players.
Promotions like this are designed to attract new customers with low-risk opportunities.
While many sportsbooks follow the bet 10 get 50 template, larger competitors often scale up the offer. Borgata Sportsbook requires a $20 qualifying wager (using promo code CBSB100) to earn $100 in bonus bets, which are divided into four $25 credits and must be used within seven days. This represents a slightly higher entry point but proportionally more generous bonus allocation.
FanDuel takes a different approach, requiring new customers to place a winning bet of at least $5 to receive $150 in bonus bets, with no minimum odds requirement specified. This structure incentivizes customers to select favorable odds to maximize the probability of winning their qualifying bet.
The standard eligibility criteria for bet 10 get 50 bonuses include:
Age and Residency: New customers must be at least 21 years old (or the legal age of majority in their jurisdiction) and reside in a state where the sportsbook operates. Bally Bet and other major operators restrict promotions to specific jurisdictions.
Account Status: The promotion applies only to new customers opening their first account. Existing customers and those with previously closed accounts generally cannot claim the welcome bonus again.
Deposit Requirement: A minimum deposit of $10 must be completed within a specified timeframe, typically 28 days from account creation.
Bonus Bet Structure: Bonus bets are "house money" that function differently from cash wagers. When a bonus bet wins, the bettor receives only the profit—not the original stake plus profit as with cash bets. For example, a $25 bonus bet at +100 odds pays $25 profit (not $50 total), meaning the bettor nets $25 rather than doubling their money.
Expiration Periods: Most sportsbooks impose expiration dates on bonus bets, typically ranging from 7 to 48 hours after the bonus is credited. For instance, Bally Bet bonus bets are credited within 48 hours and must be used before expiring.
No Wagering Requirements: Unlike certain promotional structures from international operators, U.S. sportsbooks offering bet 10 get 50 bonuses typically don't impose additional playthrough requirements beyond using the bonus to place bets.
Divisibility: Many sportsbooks allow customers to divide bonus bets across multiple wagers, while others may restrict how the bonus can be split. This flexibility enables customers to hedge bets or diversify their wagering strategy.
Understanding expected value is crucial for using bet 10 get 50 bonuses effectively. Since bonus bets return only profit upon winning, strategic placement matters significantly. A $50 bonus bet placed on +100 odds produces an expected value of approximately $25 over time (50% win rate × $50 profit). Conversely, the same $50 bonus on +1,000 odds yields an expected value of roughly $45 (9% win rate × $500 profit).
One sophisticated strategy involves hedging: placing a bonus bet on one outcome at a primary sportsbook while making a smaller real-money wager on the opposite outcome at a different sportsbook, ensuring profitability regardless of the result.
The bet 10 get 50 promotion has become a cornerstone of sports betting marketing strategy, offering new customers an accessible entry point with immediate value. Sportsbooks like Bally Bet exemplify this offer's straightforward structure, while competitors scale the terms to create differentiation in a crowded market. Success with these promotions hinges on understanding bonus bet mechanics, expiration timelines, and strategic placement to maximize conversion of promotional credit into real profit. For new bettors, these offers represent a low-risk opportunity to become familiar with a platform while having additional capital to explore various betting markets and strategies.
These top sportsbooks offer competitive bet 10 get 50 promotions.
Dive into the features and offerings of Caesars Sportsbook, including their unique promotions and betting options.
Learn from BettingUSA expert Wes Burns as he shares insights on maximizing sportsbook promotions and enhancing betting strategies.
Explore the increasing trend of mobile sports betting and its impact on consumer habits.
Review recent legislative developments affecting sports betting across different states.
Discover how new technologies are transforming the online betting experience.