100% bet insurance up to $50
A losing first qualifying wager is returned as one bonus bet up to $50.
- User
- New
- Type
- No-sweat bet
- States
- PA
- Availability
- Ongoing / not published
This offer is hidden from the active ledger until its terms and assumptions are reviewed again.
- Expected profit
- $16.25
- Working capital
- $50
- Reward fair value
- $37.5
- Capital efficiency
- 32.5%
After modeled cost and conditions
$50 total turnover
$50 maximum face value
$325 profit / $1k
Execution plan
What you need to do
Register in Pennsylvania with code TANBONUS, deposit at least $10, and place the first qualifying sports wager at -200 or longer.
- 01
Register with code TANBONUS while in Pennsylvania.
- 02
Deposit at least $10.
- 03
Place the first eligible wager at -200 or longer.
- 04
If it loses, use the credited bonus bet once.
Auditable estimate
How I calculated the estimate
I do not treat promotional credit as if it were cash because it still has to be wagered, can expire, and usually does not return the original bonus stake. The expected-profit estimate applies the stated conversion rate as an average value. I only show a best case, worst case, and standard deviation when the cash outcomes can be calculated from the offer itself; bonus-bet and site-credit outcomes need a specific wager or hedge strategy before that range is honest.
- 01
$50 bonus-bet refund × 75% conversion = $37.5 if the bet loses - 02
For EV only, the win branch is $45 cash and the loss branch applies $37.5 estimated refund value against the $50 loss - 03
1 use × 100% access probability × $16.25 per-use EV − $0 access cost = $16.25 expected profit
- Bonus conversion
- 75%
- Access probability
- 100%
- Fair win probability
- 50%
- Maximum stake
- $50
- Total turnover
- $50
- Outcome range
- Not modeled without a wager or hedge strategy
- Capital scope
- Required cash stakes only; optional hedge bankroll excluded
Fine print
Terms and restrictions
The insurance is paid as a bonus bet. Bonus-bet stake is not included in winnings.
- New Pennsylvania customers only
- Minimum odds -200
- $10 minimum deposit
- $50 maximum insured stake
I use expected value to make different promotions comparable, but the result is still an estimate rather than a promise about what any one person will make. Your outcome will depend on the wagers you choose, the odds available when you place them, how effectively you convert promotional credit, whether you are eligible, and the terms shown in your account, so confirm the displayed offer before depositing or wagering. If gambling stops being fun, call or text 1-800-GAMBLER.