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Best Sportsbooks US / ClutchBet Promo Codes & Deposit Bonus 2023

ClutchBet Promo Codes & Deposit Bonus 2023

ClutchBet Sportsbook Promo Codes

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Author:
Collin
Last Updated:
05/02/2023
Topic:
ClutchBet Bonus
Experiences:
Sports betting enthusiast

clutchbet appWith the ClutchBet sportsbook promo code, you can unlock a risk-free bet of up to $500. You can receive this in the form of five or ten free bet tokens, depending on the size of the bonus.

To claim this offer, you have to deposit and bet at least $10 when you first open your sportsbook account. If that bet then loses, you will receive your free bet bonus – chased out and winning bets are not eligible. In terms of T&Cs, you will find that this offer has generous time limits and few restrictions.

Introduction to ClutchBet bonus offers - Your risk-free bet

In all legal US gambling states, you will find sportsbook promo codes that unlock welcome offers. Operators use these offers to incentivize new customers, either with free bets, bonus credits or something else.

The current new customer bonus at ClutchBet consists of a $500 risk-free bet. This means that if the first bet on your new account loses, the amount will be refunded to you in the form of free bet tokens.

How to use the ClutchBet deposit bonus

The process of claiming and using this offer is very similar to that of most other risk-free bet welcome bonuses. However, what you should find is that the T&Cs of this promotion are a bit more flexible.

Register

The first step towards claiming this offer is to register your new account. The actual form should take you less than two minutes to complete; however, you will have to provide ID and proof of address to then verify your account.

Deposit

Once your account has been opened, you then need to make a deposit of at least $10. This sportsbook accepts deposits via PayPal, Skrill, ACH and Paysafe. There is actually no need to enter a ClutchBet sportsbook promo code at this stage.

Bet

In order to now claim this offer, you have to place a single qualifying wager on any bet at any odds. You have 30 days from the moment you open your account to place your first bet, so there is no rush here. 

Receive

If your first bet loses, you will receive the value of your stake in the form of five or ten free bet tokens. You need to allow up to 72 hours to receive your free bet once your losing bet has been settled. 

Use

Once received, each of your free bet tokens lasts for a total of 14 days. You are free to use each token on any sports bet and at any odds. However, you cannot use more than one free bet on the same event.

Withdraw

There is no wagering requirement attached to the ClutchBet deposit bonus, so you can withdraw any winnings straight away once your bet has been settled. However, the free bet’s value will not be returned alongside your winnings.

Top five expert tips to take advantage of the ClutchBet sportsbook promo code

Below, we have provided you with our experts’ top pieces of advice for getting the best out of this bonus.

Don’t change your habits

This is a more general piece of advice that also applies to the Caesars deposit bonus. Don’t bet on sports or markets that you are unfamiliar with just because you are using a free bet token.

Still aim to win

This bonus is only given to players whose first bet loses. However, there’s no point playing to lose. It’s therefore never advisable to deliberately try to place a losing first bet.

Timing is key

You actually have 30 days to make your qualifying bet, which is a decent amount of time. Then, once you have your free bet tokens, they must be used within 14 days. Take a look at upcoming events and plan your bonus use accordingly. 

Avoid low odds

When using your free bet tokens, you want to find the best odds possible. Your free bet’s value is not included in your returns, meaning that low odds bets can result in you winning back less than your first deposit.

Split your free bets right

With the ClutchBet deposit bonus, you are given the choice of how you want to split your free bet. You can either split them into five or ten separate free bets. Consider your skill level and the number of sports fixtures that are upcoming when deciding which way to split.

Frequently asked questions about the ClutchBet welcome bonus

We have answered all of the FAQS about the ClutchBet deposit bonus here:

When does the bonus expire?

You have 30 days to make your first deposit once you have opened your account. The bet itself must be settled within seven days once placed and your bonus lasts for 14 days.

Do I need to opt in for the bonus?

No, there is no requirement to opt in or enter a ClutchBet sportsbook promo code in order to claim this offer.

What can I use the bonus on?

There are no restrictions with regard to the sports, games and betting markets that you can use this offer on. However, you can only use one free bet token per sporting event.

What happens if I don’t use my bonus on time?

Failure to use any of your free bets will result in you losing them. However, if you only use some and not others before the 14 days are up, you will still be able to withdraw any winnings won with those that you have used.

Is my stake included in the returns?

No, like the risk-free bet offer that you can get with the BetMGM sportsbook promo code, your free bet amount is not included in your returns.

ClutchBet sportsbook promo code - Additional rewards and loyalty

This sportsbook doesn’t have any loyalty or VIP program. However, there are plenty of other free bet promotions available to all existing customers. You can discover what is on offer right now by heading to the “Promotions” tab on the operator's website.

ClutchBet Sports Bonus

Bonus intro

Like the bonuses at many of the best US sportsbooks, the ClutchBet deposit bonus consists of a risk-free bet. As a new player, you can get free bets between $10 and $500 in value if your first bet loses.

Reality test

The first thing to note is that you will only receive the ClutchBet deposit bonus if your first bet loses. Once your bet has been cleared, it can take up to 72 hours to receive your free bets, so don’t panic if they don’t arrive straight away. When you receive your bonus, you can choose to split it into five or ten free bet tokens of equal value. After that, you are pretty much free to use your tokens on any bets and at any odds you like – you are just restricted to using one free bet per event.

Bonus withdrawal

There is no turnover requirement, so you can withdraw your winnings straight away. However, as is the case with most free bets, the value of the token is not included in your returns. In terms of the time limit, you have 14 days to use all of your free bets, which we found to be more than ample time.

Pitfalls and what to avoid when claiming the bonus

Basically, the main thing that you need to avoid with this bonus is trying to deliberately place a losing bet to activate it. A winning bet is always better than a bonus that only requires you to risk your deposit’s value again. Treat this offer like second-chance insurance.

Verdict on bonus

The ClutchBet deposit bonus is a decent welcome offer, with fair terms and conditions overall. However, if you are looking for a guaranteed bonus, you might want to look elsewhere. If you are happy with a risk-free bet though, they don’t come much better than this one. Overall, we recommend giving it a try. Especially if you like the look of the sportsbook itself.

ClutchBet deposit bonus - Conclusion

As far as risk-free bets go, this is a good offer. The time limits are generous, and there are virtually no restrictions, plus the $10-$500 bonus range makes it accessible for most budgets. So as long as you’re aware of the fact you only get your free bets if your first wager loses, this is a bonus worth checking out.

ClutchBet sportsbook promo code FAQ 

🏈 What is the ClutchBet promo code?

You can find all of the latest bonus codes for ClutchBet here at PromoGuy, as well as information about all the latest promotions.

❓ Can you get free bets at ClutchBet?

There are many different promotions available at ClutchBet, and all of them have been covered in this article. The focus, however, is the welcome offer for new customers.

🏆 Is there a new customer bonus at ClutchBet?

In this bonus review, we have covered the details of all available bonuses in this sportsbook. This article has been written by experts and is regularly updated.

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First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
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