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FOX Bet Promo Code: $50 Risk-Free Bet in February 2023

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Feb 01, 2023, 8:46 AM ET

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    The current FOX Bet offer is available to those of legal gambling age who are within one of the four states — Colorado, Michigan, New Jersey, and Pennsylvania — where the sportsbook operates. Here at Covers, we are committed to doing our homework and can confirm that the first wager you place with your new FOX Bet account will be given back to you — up to $50 — as a free bet should it fail. Make sure to click the 'View Challenge' button and then the 'Opt-in' button following registration before placing your first wager.

    Claim a $50 risk-free bet

    FOX Bet's new-player offer only applies to the first wager made following registration and must be activated within seven days of account creation to be claimed. The initial bet can be any amount as long as the new user's current FOX Bet account balance has the same amount available in real cash, but only up to $50 will be refunded if it loses. For example, should you place a $250 bet that flops, FOX Bet will credit your account with a $50 free bet.

    To be eligible for the free bet, your first wager can be placed on any pre-game prop bet, as long as the odds are -200 at minimum. The free bet cannot be withdrawn, and any winnings have an attached 1x playthrough requirement before they can be taken out. 

    Pro tip: The free bet you receive if your qualifying wager loses comes as a single $50 token and cannot be broken down into multiple bets. It's important to keep this in mind when attempting your shot at redemption. Additionally, you can use the free bet on any available market (you're not limited to pre-game props), and it will expire after seven days if not used.

    FOX Bet Promo Code Claim FOX Bet Bonus
    FOX Bet Bonus Code No code - claim nowExternal link icon
    FOX Bet Sportsbook Offer $50 risk-free bet
    FOX Bet Mobile App iOS and Android
    Last Verified February 2023

    How to claim the FOX Bet Sportsbook promo code

    Claiming your FOX Bet new-user promo may seem daunting — there are a few steps to undergo before getting started, and sometimes the instructions may appear confusing. 

    To alleviate any concerns, we've put together this easy, step-by-step guide below to help you get on your way.

    1

    Register

    Click here to register for an account with FOX Bet. Be sure to hit the 'View Challenge' button then the 'Opt-in' button to redeem the promo offer before placing your first wager. You'll also want to have personal information, such as proof of address, at the ready.

    Remember: No FOX Bet promo code is required at sign-up.

    2

    Deposit funds

    Deposit funds into your new FOX Bet account. There is no mandated minimum deposit amount required, but to get the most value out of the welcome offer, you'll need to have $50 ready.

    3

    Make a wager

    Once your funds are in your account, and you've opted into the FOX Bet promo, you are free to make your initial bet. Be sure to bet on a pre-game prop, and make sure the odds are -200 at minimum, or your wager will not qualify.

    4

    Withdraw winnings

    Should your wager prove successful, you'll be able to withdraw your winnings as real cash following a 1x playthrough requirement. If it loses, a single free bet equivalent to the initial bet amount — up to $50 — will be awarded within 72 hours of the bet settling. The non-withdrawable free bet must be used within seven days of being issued, or it will expire.

    FOX Bet promo code terms and conditions

    There may not be a FOX Bet promo code necessary to claim the sign-up bonus, but there are several terms and conditions that you need to be aware of before getting started. Immediately following registration, press the 'View Challenge' button and then the 'Opt-in' button to ensure you'll activate the FOX Bet sign-up bonus offer.

    Your initial wager is the only one that counts toward the promo. If you're successful, you keep your winnings. If you lose, the sportsbook will return your money — up to $50 — as a single free bet within 72 hours of the wager settling.

    Keep in mind that only bets made on pre-game props with odds of -200 or greater count towards the bonus. There's also a 1x playthrough requirement attached to any winnings you may garner.

    While deposited real cash will be available until whenever you use it, the free bet earned from the FOX Bet promo will expire if not used within seven days of receiving it. The free bet is only for further wagering with the sportsbook and cannot be withdrawn as cash.

    FOX Bet Betting restrictions
    Minimum deposit $0
    Maximum bonus money amount $50
    Days to use bonus money 7
    Playthrough requirement 1x at odds of -200 or greater

    Sports and leagues on deck with FOX Bet betting odds

    It shouldn't come as a surprise to bettors familiar with the FOX Sports brand that FOX Bet provides a healthy assortment of betting odds for the most prominent major sports leagues, including the NFL, MLB, NBA, and the NHL. Additionally, it offers a wealth of lesser known markets such as rugby union, cycling, and motorsports.

    Additional FOX Bet promotional offers

    The operator often offers plenty of additional promotions that, just like the welcome bonus, do not require a FOX Bet promo code. These include same-game parlays, free bets, profit boosts, and daily odds boosts. 

    For example, a promotion FOX Bet is running right now is called 'Friday Happy Hour.' So long as you have the FOX Bet app downloaded onto your mobile device, you'll receive notifications every Friday between 5:01 p.m. and 6:00 p.m. ET, alerting you about a 'Super Boost' opportunity. The boosts last for 20 minutes, meaning you have to place your bets swiftly.

    Type of FOX Bet Promo Offer Description of FOX Bet Promo Offer
    Friday Happy Hour

    Download the FOX Bet app and turn on your notifications. Every Friday starting from 5:01 PM ET to 6 PM ET you will be notified of an exclusive limited-time Super Boost that will only be available for 20 minutes. 

    Get a Cash Bonus on Parlays

    Earn a cash bonus on top of your winnings when you place a parlay bet with four legs or more and win. The more legs you add, the higher your bonus is. For example: four legs (2.5% Bonus), five legs (5.0%), 10 legs (17.5%), 18 legs (60%).

    FOX Bet Loyalty Program

    FOX Bet is currently offering new and existing users a 50% deposit bonus of up to $500. After registration, select 'Opt-in' from the 'View Challenges' tab.

    Refer A Friend

    For every friend you have sign-up with FOX Bet using your referral code, you both will earn $50 in additional site betting credit.

    FOX Bet Wager Boost Offers

    Occasionally, FOX Bet increases the odds of specific market selections, allowing users to bet on boosted odds and earn a potentially larger payout.

    Where is FOX Bet Sportsbook legal?

    FOX Bet operates legally in four states: Colorado, Michigan, New Jersey, and Pennsylvania. You will have access to the $50 risk-free bet promo for first-time customers if you live or are within the state lines of any of these locations.

    Keep an eye on all states with legal sports betting to discern where FOX Bet may go live next.

    State Launch Date
    Colorado
    May 2020
    Michigan
    January 2021
    New Jersey
    September 2019
    Pennsylvania
    September 2019

    FOX Bet Sportsbook review

    FOX Bet Sportsbook is a relatively new betting platform born from a company merger between FOX Sports and BetStars. It presently operates in Colorado, Michigan, New Jersey, and Pennsylvania and has a reasonably large user base, thanks to its affiliation with the famous FOX brand.

    As is always the case, Covers re-reviews sportsbooks regularly. FOX Bet currently maintains a 4.4/5 rating via our BetSmart review system, including a 4.5/5 in both the 'Security and Trust' and 'Banking and Payout Speed' categories. Those 21 years of age or older can use FOX Bet on its website or mobile sports betting app, which is available for iOS and Android.

    Beyond its reliability, FOX Bet boasts numerous impressive features, including live betting, early cash-outs, and same-game parlays. The FOX Bet online casino, which is actually the PokerStars casino, is also available to platform users.

    Want to learn more? Dig into our complete FOX Bet Sportsbook review and find all the answers you're seeking.

    Customer service at FOX Bet Sportsbook

    FOX Bet has a reliable customer service team that actively provides support 24/7, seven days a week. Service is available via live chat, email, and phone, as well as on Twitter. Connecting with a live chat agent can occasionally take a while, but wait times are generally reasonable.

    • Live chat: Available 24/7
    • Email: support@foxbet.com
    • Phone: 877-682-4791
    • Support languages: English
    • Twitter: @FoxBetCare

    USA sports betting resources

    Researching and comparing various sportsbooks is a vital part of discovering which one is right for you.

    At Covers, we've completed a chunk of that work for you and have assembled some guides to help you find your way through the sports betting world.

    Banking methods
    Find the best sportsbook deposit and withdrawal methods.
    Sportsbook deposits and withdrawals
    Mobile sports betting apps
    Covers experts break down the top legal betting apps in the U.S.
    Best sports betting apps

    FOX Bet promo code FAQs

    Yes, FOX Bet Sportsbook is fully licensed and legal in Colorado, Michigan, New Jersey, and Pennsylvania.

    No FOX Bet sportsbook promo code is needed to claim FOX Bet's $50 risk-free bet. All new FOX Bet customers will be awarded up to a $50 free bet if they lose their first qualifying wager.

    If you lose your initial bet, you'll get the money back, up to $50, in the form of a single free bet. You must then use the free bet to wager again with the sportsbook; it cannot be withdrawn as real cash.

    No promo code is required. But you will need to press the 'View Challenge' button and then the 'Opt-in' button following registration before placing your first wager.

    The FOX Bet promo will automatically be applied to your account balance in the form of a free bet within 72 hours of your first losing wager settling. You must bet on a pre-game prop with odds of -200 or greater to be eligible for this promo.

    Like the website, you simply need to opt-in on the 'View Challenges' page following registration through the app.

    Any new users who are at least 21 years old and reside in Colorado, Michigan, New Jersey, or Pennsylvania can opt into the FOX Bet sign-up bonus.

    The free bet awarded from the FOX Bet new-user promo will expire seven days after being issued.

    No. The FOX Bet bonus, a free bet, can only be used to place another sportsbook wager — it cannot be withdrawn as real cash.

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    • FOX Bet Promo Code: $50 Risk-Free Bet in February 2023
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