ESPN BET is a newcomer among the top sports betting sites but has rapidly expanded across 18 sports betting states. In any of the states, you can create a first-time account and cover your first bet up to $1,000 with the ESPN BET promo code SHNEWS.

Once you click the module below, you’ll need to create a new account with the promo code SHNEWS. ESPN BET is one of the few sportsbooks that requires you to manually apply the promo code to be eligible for the welcome offer.

ESPN BET has quickly become one of the most widely-available sportsbooks in 18 states. You can now find ESPN BET in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia.

The $1,000 First Bet Reset is a first bet insurance on your first bet and is quite common among many favorite sportsbooks. It allows you to recover whatever your stake loss was with bonus bets up to that maximum dollar amount.

I recommend this offer for those looking to make a larger size wager or grabbing plus money odds. That way, you either receive a larger payout for the risk or are covered by ESPN BET if it doesn’t go your way.

An example would be $500 on a +300 Stanley Cup Playoff same game parlay such as the Stars vs. Oilers on Sunday night. Here’s how the First Bet Reset would work:

If I win, I profit $1,500 and keep my $500 stake. A win profits cash to withdraw or use within the platform but cannot earn the bonus bets.

Meanwhile, if the first bet misses, ESPN BET reimburses my $500 loss with a series of bonus bet payments. These bonus bets are funds to use within ESPN BET for seven days and cannot be withdrawn like cash.

So, how does a bonus bet wager work?

Let’s say I placed a $50 bonus bet chunk on a -110 spread.

Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, or WV in order to wager. Must be 21+ years of age or older (18+ if in KY). New customers only. Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). Call 1-800-GAMBLER (CO, IA, MI, NC, NJ, KY, OH, PA, IL, TN, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777, 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), or visit www.1800gambler.net (WV).