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ESPN BET is offering a $1,000 First Bet Reset for new users who sign up and wager on any sport, including MLB, the NFL, or UFC 305. Users can enter the ESPN BET promo code NEWSWEEK during registration to qualify for this offer. If users lose their first cash bet, ESPN BET will refund the full amount in bonus bets, providing them with a second chance to make money. The bonus bets are equivalent to five (5) bonus bets worth 20% of the original wager, and must be used within seven days.

In addition to the First Bet Reset offer, ESPN BET also provides in-app promotions for MLB, NFL, and UFC 305 events. First-time users can receive a 200% match on all first-time deposits, earning up to $500 in Cashback by depositing at least $250 and meeting the site’s playthrough requirements. Users can also take advantage of odds boosts on various sports, such as increased odds on teams hitting home runs or NFL preseason games. Additionally, ESPN BET offers the “305 Parlay Win Multiplier” for UFC 305, allowing users to receive an extra 40% of their winnings matched as a bonus bet if they win a 4+ leg standard parlay.

To access the ESPN BET promo code NEWSWEEK and take advantage of the $1,000 First Bet Reset offer, users must follow specific instructions. They need to open the app through affiliate links, register for a new account, and enter the promo code NEWSWEEK during sign-up. A suitable cash deposit is required, with a minimum deposit of $10, but users are encouraged to deposit enough to fund their initial wager. Once users have placed a qualifying cash bet (up to $1,000) on a sport of their choice and the bet settles as a loss within 30 days of registration, the bonus is activated. Refunded bonus bets will be credited within 72 hours of a loss and must be used within seven days.

ESPN BET’s $1,000 First Bet Offer is available in several participating states, including AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NC, OH, PA, TN, VA, and WV. Users must be 21+ and physically present in these states to participate. It is important to note that gambling problem help is available by calling 1-800-Gambler. Newsweek may earn an affiliate commission if users sign up through the provided links, and the sportsbook operator’s terms and conditions should be reviewed for important details. Sports betting operators do not have any influence over newsroom coverage.

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