Bet insurance in a bookmaker

Sports betting involves certain risks that do not always pay off. To help players minimize these risks, many bookmakers offer a bet insurance service. This bonus allows you to recover the full amount of the bet in case of a loss.

How to obtain bet insurance in bookmakers

Bet insurance is not available in all bookmakers and can be obtained in several ways:

• As part of the welcome bonus upon the first deposit;

• During special promotions by the bookmaker;

• By using a promo code during registration or in the personal account.

The conditions for obtaining insurance are quite simple: It is necessary to place a bet with odds no lower than specified, which will subsequently result in a loss (though it is not advisable to do this intentionally for the sake of a refund).

What bets are eligible for insurance

Depending on the specific promotion, the refund may apply to various sports disciplines, types of sports, events, or teams. However, a mandatory condition remains — the odds of the bet must be no lower than the established threshold (usually in the range of 1.50-1.80). In the event of a loss, the bettor receives a full refund, but the maximum bonus amount may be limited.

Forms of refund

Most often, insurance is provided in the form of a free bet. To convert the free bet into real money, a certain number of bets must be placed (from 1 to 7). After fulfilling the wagering conditions, the entire amount is returned to the player's main balance. In some cases, insurance may be issued in the form of cash, which can be immediately withdrawn or used for new bets.

Basic rules and conditions of bet insurance

Bet insurance may vary across different bookmakers, but there are several common points:

• Insurance applies only to single and/or accumulator bets; it does not pertain to systems;

• The period for wagering the refund is limited; upon its expiration, the bonus is canceled;

• Insurance can only be obtained once, unless otherwise specified in the bookmaker's rules.

It is recommended to familiarize yourself with the rules and conditions of insurance on the website of the chosen bookmaker.