When exploring potential strategies for utilizing the ESPN Bet Promo Code upon the launch of the ESPN Bet App on November 14, 2023, several questions and certainties come to light. It is important to disregard any specific monetary values currently attached to the upcoming promo, as the public does not have official information regarding the new-user welcome offer.
Major breaking news and updates:
- The ESPN Bet app will launch on Tuesday 11/14/23 in 17 states.
- Hollywood Casino branded games will be available within the app.
- Scott VanPelt appears to be leading the promotional efforts out of the gate on ESPN. See the ad below.
ESPN BET Creative: ESPN BET has released a teaser spot featuring SportsCenter anchor Scott Van Pelt. In the spot, Van Pelt receives notifications from both the ESPN and ESPN BET apps, showcasing the cohesiveness between the two brands. The full creative campaign, which will debut around ESPN BET’s launch, will also include SportsCenter anchor Elle Duncan.
Daily Wager Rebrand: As part of the overall launch of ESPN BET, ESPN’s Daily Wager program will rebrand to ESPN BET Live, beginning Nov. 10. The show’s final episode as Daily Wager will be Nov. 6.
ESPN Headquarters Sweepstakes: Ahead of the ESPN BET launch, fans can enter into a sweepstakes for the chance to win an exclusive trip to the ESPN headquarters in Bristol, Conn. More details to follow.
For more information and to sign up for updates about ESPN BET, visit ESPNBET.com
ESPN BET promo code details
|ESPN BET Promo Code||ESPN BET App Details|
|📅 ESPN BET Sportsbook Launch Date||👀 November 14, 2023|
|💸 ESPN BET Promo Code||SVP ?|
|💲 Minimum Deposit||TBD|
|✅ Minimum Betting Age||21|
|➡️ App platforms||📱 iOS (Apple App Store), Android (Google Play), Web Browser|
|📲 Listed as||ESPN BET|
|❗️ Seller||PENN Entertainment|
|🇺🇸 Expected states available at launch||📍Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.|
|🎰 Casino||❓ TBD|
- ESPN BET promo code details
- Examples of Sportsbook Promo Codes at Launch
- What will the ESPN Bet promo code be at launch?
- Sportsbook Promo Codes: Guaranteed Bonus or a Deposit Match?
- ESPN Betting App State by state
- Details of the PENN – ESPN sports betting deal
- ESPN BET logo and colors
- Betting content on ESPN
- ESPN BET FAQ
NOTICE // We try our best to keep the information in this guide as up-to-date as possible. If you notice anything has changed, please leave us a comment down below.
Before diving into the potential strategies, it is crucial to understand why sportsbook promo codes hold immense significance during a launch. Apologies if this explanation seems redundant to those already familiar with the topic, but it is vital to establish a shared understanding.
Online sportsbooks strive to attract as many sports bettors as possible, while bettors themselves seek out the best bonus rewards when choosing a betting app. Though this concept may appear straightforward, the reality is more complex.
Here’s the catch….
While an impressive introductory promo code can generate initial interest, it may not guarantee long-term retention if the sportsbook fails to deliver quality services and foster trust. Gaining user trust and providing a superior experience are vital components for sustained success.
To gain insights into the ESPN Bet launch, it is essential to understand the companies involved, namely ESPN and PENN Entertainment. By analyzing the nature of these companies, we can gain a better understanding of what to expect when the ESPN Bet App arrives in November.
Examples of Sportsbook Promo Codes at Launch
It is common knowledge to point out the general promotional offers of various sportsbooks, like FanDuel Sportsbook’s $1,000 No Sweat First Bet and BetMGM’s $1,000 First-Bet Bonus. However, it can be challenging to recall the unique offers that were presented during specific times of the legal sports gambling calendar year.
Let’s take a look at some examples of promo codes during specific state launches:
- DraftKings Ohio Promo Code: Bet $5, Get $200 Guaranteed Instant Bonus
- Bet365 Ohio Promo Code: Bet $1, Get $365 Guaranteed Instant Bonus
- FanDuel NY Promo Code: $3,000 No Sweat First Bet
- Caesars NY Promo Code: $5,000 First-Bet Bonus
- Fanatics/PointsBet NFL Promo Code: Bet $50, Get an Official Sports Jersey
On January 8, 2022, during the noteworthy launch of online sports betting in New York, the selected online sports betting apps that received approval made sure to make a strong first impression.
FanDuel Sportsbook, for instance, offered its usual promotion but substantially increased the stakes with a $3,000 No Sweat First Bet. Caesars Sportsbook, already gaining momentum after acquiring William Hill, went even further with a $5,000 promotional offer during the New York launch.
It is important to keep the different types of promotions in perspective. For example, Bet365’s Bet $1, Get $365 Instant Bonus during the Ohio state launch is as rewarding as any other promotion out there. Currently, Bet365’s standard sportsbook promo code is either a Bet $5, Get $150 Bonus, or a $1,000 First Bet Safety Net offer falling under the deposit match or first-bet bonus category.
What will the ESPN Bet promo code be at launch?
To anticipate the direction of the ESPN Bet promo code, it is essential to consider ESPN as a company and the recent history of PENN Entertainment with Barstool Sportsbook, which is easily discernible. Based on this analysis, it is likely that the ESPN Bet promo code will be highly rewarding upon launch.
It is worth noting that, unlike most promo codes at launch, a sportsbook launching for the first time usually targets a specific state. However, in the case of ESPN Bet, its inaugural bonus code will cover all the states it enters.
Therefore, one could argue that ESPN Bet may not “go crazy” with its initial promo offering. However, being a colossal company aiming to make a significant impact, it is expected that the ESPN Bet promo code will create a buzz in order to steal market share from FanDuel and DraftKings.
A highly rewarding bet-and-get promo code would make the most sense at launch in each state. While the minimum bet and the final instant bonus values remain uncertain, it is likely that the ESPN Bet promo code will follow a similar pattern to DraftKings Sportsbook in the long run, offering a higher monetary value in the first-bet bonus category. For example, if you bet $5, get $200 free in bonus bets.
Thus, ESPN Bet can strive to quickly capture a significant market share and then maintain a more sustainable position.
Sportsbook Promo Codes: Guaranteed Bonus or a Deposit Match?
|Types of Sportsbook Promo Codes||Promo Details||Bonus Examples|
|Bet & Get Promos||Place a minimum first-time bet to receive an instant bonus||DraftKings Promo Code: Bet $5, Get $200 Guaranteed Instant Bonus|
|Deposit Match or First-Bet Match Bonus||Get a dollar-for-dollar bonus (100%) match on your first deposit or on your first bet value.||FanDuel Promo Code: $1,000 No-Sweat First Bet|
|Unique Offers||Place a minimum first bet value to unlock or receive a specific product||PointsBet Sportsbook: Bet $50, Get an Official Sports Jersey at Fanatics ($150 Value)|
In the realm of sportsbook promo codes, there are two prominent categories that are frequently encountered: the “Bet-and-Get Bonus” and the “Deposit Match for First-Bet Bonus.” Understanding the distinctions between these types is crucial when evaluating and selecting a promo code for your sports betting efforts. Interestingly, the actual monetary value offered by a promo code is not the sole determining factor of its worth.
Let’s examine these two types of promo code offers more closely. Firstly, we have the “Bet-and-Get Bonus” category, which often captivates new bettors and keeps them engaged. An example of this type of bonus is FanDuel’s popular $1,000 No Sweat First Bet promo code. While the $1,000 offer may sound enticing, it is important to recognize that such a promo code does not compare favorably to a “Bet-and-Get Bonus” that truly guarantees rewards.
On the other hand, we have the “Deposit Match / First-Bet Bonus” category, which typically offers more consistent and reliable benefits. As an example, let’s review the recent launch strategy by Bet365. Notorious for lackluster promos in the U.S. market, Bet365 opted for a different approach in Ohio by providing a Bet $1, Get $365 Instant Bonus as their introductory launch offer. While the $365 amount may seem less when compared to FanDuel’s $1,000, it is essential to understand the true value and reliability of the Bet365 promo code.
With the Bet365 promo code, all you need is a new account, a minimum deposit of $10, and a first-time bet of at least $1. In return, Bet365 ensures a guaranteed $365 bonus, regardless of whether your initial bet wins or loses. This is where the distinction of bet-and-get promotions becomes apparent. Some promotions require a first-time bet to be successful in order to obtain the bonus, whereas others offer a guaranteed bonus regardless of the outcome.
Similarly, deposit matches operate on a similar principle but with higher monetary values. In order to receive a $1,000 deposit match at a 100% dollar-for-dollar ratio, an immediate deposit of $1,000 is required following account registration.
ESPN Betting App State by state
Since ESPN BET will be a rebrand of Barstool, the ESPN betting app (and potential ESPN BET promo code) should be available in all the states where Barstool Sportsbook is currently live.
Let’s take a look at the national landscape set-up below:
|EXPECTED ESPN STATE LAUNCH||LICENSE PARTNER||POTENTIAL ESPN BET OFFER||EXPECTED LAUNCH DATE|
|Arizona||NASCAR||Free Bet Bonus||11/14/23|
|Colorado||Ameristar Casino Black Hawk||Free Bet Bonus||11/14/23|
|Illinois||Hollywood Casino Aurora||Free Bet Bonus||11/14/23|
|Indiana||Hollywood Casino Lawrenceburg||Free Bet Bonus||11/14/23|
|Iowa||Ameristar Casino Hotel Council Bluffs||Free Bet Bonus||11/14/23|
|Kansas||Hollywood Casino at Kansas Speedway||Free Bet Bonus||11/14/23|
|Kentucky||Ellis Park Racing & Gaming||Free Bet Bonus||11/14/23|
|Louisiana||Boomtown Casino||Free Bet Bonus||11/14/23|
|Maryland||Hollywood Casino Perryville||Free Bet Bonus||11/14/23|
|Massachusetts||Plainridge Park Casino||Free Bet Bonus||11/14/23|
|Michigan||Greektown Casino||Free Bet Bonus||11/14/23|
|New Jersey||Freehold Raceway||Free Bet Bonus||11/14/23|
|Ohio||Hollywood Casino Columbus||Free Bet Bonus||11/14/23|
|Pennsylvania||Hollywood Casino at Penn National Race Course||Free Bet Bonus||11/14/23|
|Tennessee||N/A||Free Bet Bonus||11/14/23|
|Virginia||N/A||Free Bet Bonus||11/14/23|
|West Virginia||Hollywood Casino at Charles Town Races||Free Bet Bonus||11/14/23|
As part of the partnership deal, PENN Entertainment will rebrand Barstool Sportsbook to ESPN BET, and the new operator will go live in the over 15 states Barstool Sportsbook is currently live in.
Details of the PENN – ESPN sports betting deal
- The 10-year duration of the PENN-ESPN online sports betting deal features an ESPN app, which will be granted the use of the ESPN BET trademark at a cash payment of $1.5 billion over the first decade.
- Additionally, PENN is granting $500 million in warrants to ESPN for marketing services, branding, and media promotion, which includes the purchase of 31.8 million shares of PENN stock vesting throughout the agreement’s duration.
- While an off-ramp is built into the PENN / ESPN deal, it is contingent upon ESPN BET’s performance metrics after three years, with specific details yet unknown.
- Dave Portnoy, the founder of Barstool Sports, has reclaimed 100% ownership over the company, and restrictions and non-competes are in place post-sale.
- If Barstool is sold again, PENN Entertainment will receive 50% of gross proceeds, though Portnoy has expressed that he has no intention of selling.
ESPN BET logo and colors
A big departure from the traditional ESPN red, the ESPN Bet logo has a modern feel, with navy, white, and an electric blue-green color scheme. The kind folks at “BroThrow” seem to have some legitimate questions about the ESPN Bet logo creation process, as it is very similar. One interesting note is that the BroThrow CEO jokingly posted on LinkedIn about imitation being the best form of flattery, BUT the post was removed by LinkedIn!
Betting content on ESPN
ESPN has made significant strides in wholeheartedly embracing the world of sports betting and all its related content. SVP’s picks segment was truly a big step for ESPN, but they have taken things to the next level. Although their online sportsbook is yet to be launched, a remarkable development can be seen on their website—a dedicated menu drop-down exclusively for sports betting. Within this menu, you’ll discover a treasure trove of information, including odds, lines, intriguing bets, and valuable tips from analysts like Erin Dolan to enhance your sports betting experience.
ESPN BET FAQ
ESPN BET has not launched yet, so we do not have the ESPN BET promo codes. Keep checking back.
November, most likely the week of Thanksgiving. A sneak peek of the app is happening on November 9th.
ESPN BET will be active in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.
Rumors abound that ESPN Bet will offer a risk-free $1,000 bet bonus, but we will not know for sure until the launch in November.
The betting age on ESPN BET will be 21+.
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