The Worldwide Leader is joining the sports betting world. ESPN reached an agreement with PENN Entertainment in August 2023 to form ESPN BET, which PENN will officially debut on November 14 following a rebrand of its online sports betting platform.
Be on the lookout for the ESPN BET promo code when the brand officially launches on November 14 and anticipate a great new customer offer that is estimated to be worth up to $1,000!
More on ESPN BET
ESPN BET Promo Code
| ⭐️ ESPN BET Promo Code | Coming Soon! |
| 💰 ESPN BET Expected Welcome Offer | $1,000 New User Bonus |
| 🗓 Terms and Conditions | T&C Apply, 21+ |
| 📌 Expected Launch Date | November 14, 2023 |
| 🇺🇸 Expected ESPN BET States | AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, OH, PA, TN, VA & WV |
ESPN BET Promo Code Terms and Conditions
The following terms and conditions will likely apply to users who claim the ESPN BET promo code:
- Minimum $10 deposit
- Bonus funds are valid for 30 days
- Bonus funds are available for use on any sports markets
- Bonus funds must be wagered at least 1x in order to be withdrawn
How To Claim the ESPN BET Promo Code
Here’s how users can expect to claim the ESPN BET promo code upon the platform’s launch:
- Register: As long as you’re in a state where ESPN BET is legal, you can download the app and register within minutes.
- Provide Info: The registration process usually requires you to provide basic details like your email address and social security number, which the operator can use to confirm your identity.
- Deposit Funds: After making a minimum deposit of $10, you can claim the ESPN BET promo code and start betting.
When Will ESPN BET Launch?
The upcoming ESPN BET sportsbook is now set to launch in several legal online sports betting states on November 14, 2023. ESPN PR released an official announcement on the morning of November 2 confirming the launch, along with a short video featuring SportsCenter anchor Scott Van Pelt using both the ESPN BET and ESPN apps in unison.
In addition to that statement, ESPN PR also announced that the hit television program ‘Daily Wager’ would be rebranded to ‘ESPN BET Live’ starting on November 10. The show’s final broadcast under its former name took place on November 6.
Latest News on ESPN BET
- 📆 November 14: ESPN BET will officially launch in 17 states including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.
- 📆 November 10: ESPN BET Live will make its official on-air debut following the Daily Wager rebrand.
- 📆 November 6: ESPN’s ‘Daily Wager’ will air its final episode under its former name before rebranding to ‘ESPN BET Live.’
- 📆 November 2: ESPN PR releases an official statement confirming a November 14 launch date for ESPN BET. The brand is now set to go live in 17 states across the map. ESPN also announces that it will now utilize odds from ESPN BET throughout all editorial and other content.
- 📆 October 2023: Speculation about on-air personalities promoting the ESPN BET sportsbook app begins. Stephen A. Smith, Scott Van Pelt, Joe Buck, Troy Aikman, Linda Kohn, Adam Schefter and more have all been rumored to be pro-betting in the past. The shortlist grows longer for potential promoters of ESPN BET — they’re soon to launch, so we’ll find out soon enough who made the cut.
- 📆 October 18: ESPN PR unveils the official logo for ESPN BET, featuring a mixed color scheme of white and various shades of blue.
- 📆 September 7: ‘Daily Wager’ officially returns to Bristol, CT for the first time since its inception in 2019. In addition to the sports betting program’s relocation, ESPN also added a weekly Saturday morning edition that will air at 11am ET on ESPN2 before the start of college football.
- 📆 August 30: ESPN releases a statement announcing that its flagship sports betting television show ‘Daily Wager’ will return to Bristol, CT, in September 2023. The program took place at The LINQ Hotel + Experience studio in Las Vegas, NV for the better part of three years from 2020-2023.
- 📆 August 8: PENN Entertainment announces a massive partnership with ESPN to launch ESPN BET.
It cost PENN Entertainment $1.5 billion over the course of a 10-year deal to use the ESPN branding for its new sports betting platform. On top of that, PENN Entertainment also granted ESPN warrants worth $500 million to buy 31.8 million shares of PENN Entertainment stock, which will be vested during the 10-year deal. Additionally, the deal gives PENN access to ESPN personalities and properties, such as articles, live sports broadcasts, and studio shows.
ESPN BET Sportsbook will also be able to use the sports betting licenses that PENN Entertainment has garnered in 16 legal betting states.
ESPN BET App Review
While the ESPN BET mobile app isn’t live yet, it will likely have a smooth interface with in-depth analytics and plenty of betting markets. Other features to expect include:
- Same Game Parlays
- Live betting and streaming
- Early cash out
- Various customer support options
- Availability on desktop, App Store, and Google Play Store
How ESPN BET Will Impact Sports Betting Markets
ESPN is one of the strongest media brands in American sports, and because of that, ESPN BET should grow quickly. The Worldwide Leader has so many ways to promote the ESPN BET sportsbook and it would not be surprising if the ESPN BET promo code is prominently advertised on ESPN’s telecasts and its massive network of social media channels. Expect the ESPN BET mobile app to be very visible as well.
It was obviously not cheap for PENN Entertainment to purchase the naming rights for ESPN BET, but it might just be worth the price. PENN is projecting a 20% market share for ESPN BET by 2027.
If ESPN BET does reach that level of market share, it would have a significant impact on the online sports betting world. It remains to be seen exactly how much of a dent ESPN BET will make in the United States sports betting market, but it seems like the goal is to grow as quickly as possible.
ESPN BET vs. Other Sportsbooks
With so many online sports betting operators already live in the United States, ESPN’s strong branding will be what helps it stand out among the ever-growing competition in the online sportsbook market. It is not some upstart online sportsbook with low brand recognition or an overseas sportsbook that most American bettors aren’t familiar with. Instead, it is the biggest and most notable brand in sports media that has been around since the 1970s.
Everyone knows ESPN and should expect the sports entertainment company to use its massive reach to promote ESPN BET. Users of the ESPN fantasy sports app may end up seeing advertisements for the ESPN BET welcome offer or any other ESPN BET promotions while tinkering their lineup on Sunday mornings.
The ESPN brand should also help ESPN BET secure partnerships with sports arenas and professional teams. ESPN BET will likely have advertising in some sports arenas and stadiums around the country, and viewers can anticipate those advertisements to be shown on ESPN telecasts.
Where will ESPN BET be Available?
ESPN BET should have a built-in base of sports bettors readily available because it is expected to launch in the 16 states where PENN Entertainment is already licensed. As long as PENN Entertainment already has a sports betting license in a specific jurisdiction, it will be featured on the running list of projected ESPN BET legal states.
Check out the chart below to see the likely retail partners for ESPN BET once the brand goes live.
| State Expected to Launch ESPN BET | License Partner | Expected Launch Date |
|---|---|---|
| Arizona | Phoenix Raceway | November 14, 2023 |
| Colorado | Ameristar Casino Black Hawk | November 14, 2023 |
| Illinois | Hollywood Casino Aurora | November 14, 2023 |
| Indiana | Hollywood Casino Lawrenceburg | November 14, 2023 |
| Iowa | Ameristar Casino Hotel Council Bluffs | November 14, 2023 |
| Kansas | Hollywood Casino at Kansas Speedway | November 14, 2023 |
| Kentucky | Ellis Park Racing & Gaming | November 14, 2023 |
| Louisiana | Boomtown Casino | November 14, 2023 |
| Maryland | Hollywood Casino Perryville | November 14, 2023 |
| Massachusetts | Plainridge Park Casino | November 14, 2023 |
| Michigan | Greektown Casino | November 14, 2023 |
| New Jersey | Freehold Raceway | November 14, 2023 |
| Ohio | Hollywood Casino Columbus | November 14, 2023 |
| Pennsylvania | Hollywood Casino at Penn National Race Course | November 14, 2023 |
| Tennessee | N/A (Online only) | November 14, 2023 |
| Virginia | N/A (Online only) | November 14, 2023 |
| West Virginia | Hollywood Casino at Charles Town Races | November 14, 2023 |
Future ESPN Bet states
We’re expecting ESPN BET to launch in quite a few markets, including the following states with legal online sports betting. If an ESPN BET sportsbook launch does occur in any of these states, first-time users of the brand will also have access to the ESPN BET bonus code.
ESPN BET North Carolina
North Carolina online sports betting became legal when Governor Roy Cooper signed HB 347 into law in June 2023, and ESPN BET is expected to eventually get in on the action in the Tar Heel State. ESPN BET North Carolina should be fully operational by the time sports betting officially goes live at some point in the first half of 2024. When the time comes, the ESPN BET promo code for North Carolina should provide a very attractive welcome offer to new users of the sports betting app.
Current Championship Odds at ESPN BET
As soon as ESPN BET goes live, sports bettors can expect to find odds on every major sporting event in existence, from upcoming games to futures to everything in between. Below is a sneak peek at some of the championship futures odds that will be up for grabs at ESPN BET.
Odds are updated as of November 9, 2023, via ESPN BET and are subject to change.
| League & Championship | Current Odds-On Favorite at ESPN BET |
| NFL Super Bowl Champion | Kansas City Chiefs (+450) |
| NBA Finals Champion | Boston Celtics (+360) |
| NHL Stanley Cup Champion | Vegas Golden Knights (+700) |
| NCAAF National Champion | Michigan Wolverines (+225) |
| NCAAB Men’s National Champion | Kansas Jayhawks (+1100) |
Upcoming Games Airing on ESPN: November 9, 2023
| 📅 Upcoming Event | ⏰ Time |
| Virginia Cavaliers at No. 11 Louisville Cardinals (NCAAF) | 7:30 PM ET |
ESPN BET Promotions for Existing Users
As soon as the site goes live and players can access ESPN BET, there will be a quite a few different promotions up for grabs. First and foremost, new users will be able to claim the aforementioned ESPN BET promo code. But what about after that?
Once first-time players have successfully claimed ESPN BET’s welcome offer, they’ll be able to indulge in a variety of existing-user bonuses. The ESPN BET platform should cover everything from odds boosts to deposit match bonuses to everything in between:
Insurance Tokens
Insurance tokens, which are widely recognized as ‘No Sweat Bets’ at many of the industry’s largest operators, essentially provide players with insurance in the event that their wager does not win. Insurance tokens can be tied to parlays or Same Game Parlays in many cases, but are also offered on straight bets from time to time.
Sports bettors can simply apply an insurance token to a qualifying wager and if that wager falls short, the site will refund their original stake up to a specific amount in the form of bonus bets. The maximum promotional value on insurance tokens typically ranges anywhere from $10-$25, but will vary depending on the user and the sportsbook.
Odds Boosts
Odds boosts will likely end up being one of the more popular ESPN BET bonus offers for existing users, as most online sports betting sites routinely offer them to their players. Odds boosts effectively increase the odds on designated selections, allowing the user to score better odds than they normally would if they placed the same bet elsewhere.
Unlike profit boosts, which we will cover in the next section, odds boosts are usually only offered on predetermined wagers selected by the sportsbook.
Profit Boosts
Another extremely popular type of bonus is a profit boost. Profit boosts are usually distributed as a token in which players can apply to any wager of their choice in order to get increased odds and thus, boosted profits. Unlike odds boosts, the sportsbook does not select the enhanced wager for the user, meaning a profit boost token can typically be used on anything from a straight bet to a Same Game Parlay.
As is with most existing-user promotions that players will find on the ESPN BET sportsbook app, profit boosts do have wager limits, which will usually range anywhere from $10-$100 depending on the user and the operator.
Bet & Gets
Bet & Get promotions are much more common when it comes to welcome offers, but can also make for a fantastic existing-user bonus. As the name implies, a Bet & Get offer prompts players to wager on a specific game or event in order to receive a corresponding reward such as bonus bets.
An example of a Bet & Get offer would be something along the lines of ‘Wager $25+ on any NBA game to receive $10 in bonus bets!’ In this case, the user would simply need to place a qualifying wager on any NBA game and would then receive $10 in bonus bets after meeting the promotion’s requirements.
Bet & Get offers are extremely easy to claim and provide instant rewards to those that participate, making them one of the best bonuses available in the sports betting market.
Deposit Match Bonuses
Last but certainly not least is a deposit match bonus. Often referred to as a reload bonus, this type of offer will match a percentage of a player’s next deposit up to a specific amount. Typically offered at 100% or 50% rate, a deposit match is a great way for sports bettors to boost their bankroll without placing any bets.
The only drawback to claiming a deposit match bonus is that there may be some wagering requirements tied to both the original deposit and the matched funds, meaning players will need to place a few wagers before any of it becomes available for withdrawal.
ESPN BET Available Sports and Leagues
An online sports betting platform can only succeed if it offers markets on all of the most popular sports and leagues to its players. As the Worldwide Leader in Sports, we fully expect ESPN BET to have everything covered, from college football betting to a boatload of props on Monday Night Football.
ESPN BET Available Bet Types
As is the case with any prominent sports betting app or website, players can expect ESPN BET to come fully loaded with countless betting markets. The ESPN BET app should cover everything from spreads and totals to player props and Same Game Parlays:
Futures
A futures bet is a wager on the outcome of an event that will be decided in the future. Examples of this would be a futures bet on who will win the NFC West, a bet on who wins March Madness, or a team’s win total. It could also be a bet on which player will win the MVP or Rookie of the Year. Futures bets can be placed before or during the season, although odds change as the event progresses.
Totals or Over/Under
This type of bet allows players to wager on the outcome of a game without picking a specific team or side. Totals, or over/under bets, are simply a wager on the total score accumulated by both teams in a game or match.
For example, let’s say ESPN BET sets the total for an NFL game at 48.5 points. If a bettor believes the two teams will combine to score more than 48 points, then they would bet on the ‘over.’ Alternatively, bettors anticipating a defensive battle would place a wager on under 48.5 total points.
Spreads
Spread bets are about the point differential in a given game. So if the Cowboys are 6.5-point favorites over the Giants, and Dallas just wins by four points, then the Giants would cover the spread. Even though the Cowboys won the game, they did not win by enough points to cover the spread.
Moneylines
This is simply a wager on which team will win the game. Underdogs have better moneyline odds, while favorites are less valued. Moneyline bets are a good place to start for inexperienced bettors taking on the ESPN BET app for the first time.
Parlays
Parlays are multiple bets combined into one wager. For instance, if you think the 49ers, Dolphins, and Vikings each cover the spread, you can stack those wagers together as a parlay. The more legs in the parlay, the more valuable it is when it hits. However, a parlay gets more and more difficult to win with more legs.
Many online sportsbooks also offer Same Game Parlays (SGP), which are parlays consisting of bets from just one game. We fully expect SGP’s to be widely available on the ESPN BET app and website.
Prop Bets
A prop bet is a wager on statistical results in a game. This would be a bet on how many passing yards Joe Burrow finishes with in a given game or the amount of points scored by Luka Doncic during a game.
Round Robins
Round Robin bets are groupings of parlays all in the same wager. So if you like five separate NFL teams to cover over the weekend, betting on them in a round robin means you’re betting on different combinations from the games you bet on, instead of making one five-team parlay.
Teasers
A teaser bet is a type of parlay bet that allows the bettor to alter the point spread of a game so the bet is easier to win. In turn, the sportsbook will lower the payout if the teaser does happen to win.
Banking Options at ESPN BET
ESPN BET users should expect the standard deposit and withdrawal methods offered by most online sportsbooks. Since ESPN BET is going to be operated by PENN Entertainment, it should have the same payment and withdrawal options available.
Sports bettors should be able to find a familiar banking option when taking the final steps to claim their ESPN BET promo code:
- Online Banking
- Credit or Debit Card
- PayPal
- Apple Pay
- PayNearMe
- Wire Transfer
- ACH
- eCheck
Responsible Gambling at ESPN BET
It would be very surprising if ESPN BET cuts corners when it comes to responsible gambling. ESPN has the resources and the legal backing to make sure its ESPN BET sportsbook complies with sports betting regulations.
In fact, ESPN said in a recent press release that it will “use its platforms to educate sports fans on responsible gaming,” along with creating a responsible gaming committee, enacting responsible marketing policies, and working with industry experts for best practices.
In short, those who opt to use the ESPN BET mobile app or website will be in extremely good hands when it comes to safe and responsible wagering.
Will there be a new rewards program for ESPN BET users?
Any sort of rewards program tied to ESPN BET would be very attractive to potential bettors, but at this time we don’t know what it will look like. Since ESPN BET would fall under the umbrella of the Walt Disney Company, there might be a way to implement a rewards system that lets ESPN BET users get perks from Watch ESPN, ESPN+, Disney+, Marvel, etc. One way to do this would be to give users a free month of ESPN+ for creating a new ESPN BET account.
Similar rewards systems are present at other online sportsbooks. Fanatics Sportsbook does a good job of this by giving its bettors a certain percentage of FanCash for each bet they place, which can then be used to purchase merchandise on Fanatics.com. With the resources of PENN Entertainment and Disney behind it, ESPN BET could really gain some traction in the online sportsbook market by instituting a rewards program.
ESPN BET FAQs
Below are a few of the most commonly asked questions surrounding the ESPN BET promo code, the brand’s upcoming launch, and much more.
When will ESPN BET be available?
ESPN BET will officially launch in 17 states on November 14, 2023. Those states include Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.
Is there an ESPN BET welcome offer?
There will be a welcome offer up for grabs at ESPN BET, however, it is not yet known. We do anticipate that a welcome bonus worth up to $1,000 will be available to those who sign up with the ESPN BET promo code.
What is the ESPN BET promo code?
The ESPN BET promo code is not known at this time. The actual ESPN BET promo code will be unveiled right here as soon as the online sportsbook goes live in its first state.
How old do I have to be to place a bet on ESPN BET?
For the vast majority of states, the legal betting age is 21. In some legal sports betting states, like Kentucky for example, you may only need to be at least 18 years old to use ESPN BET.
Is ESPN BET legal?
Yes, ESPN BET is a legal sportsbook. The brand will take advantage of several existing sports betting licenses to operate in 16 legal betting states starting on November 14.
Is ESPN BET legit?
Yes, ESPN BET is a legitimate sportsbook backed by the reputable company PENN Entertainment.
Can you withdraw the ESPN BET bonus right away?
No. Players must meet the site’s play-through requirements before withdrawing the ESPN BET promo code welcome bonus.
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