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ELITE Sportsbook Bonus

Sign-Up Bonus - 100% Risk-Free Bet up to $500

Valid February 9th, 2021 - January 31st, 2022

ELITE Sportsbook is offering a new sign up bonus to customers who sign up and place their first real money wager now through January 31st, 2022. If graded as a loss, the bet will be risk free and customers will receive a Free Bet equal to their loss up to $500. This offer is subject to our House Rules and promotional terms.


100% Risk Free Bet Up To $500:

  • Offer valid only in the state of Iowa, February 9th, 2021 - January 31st, 2022.
  • Only available to new customers who sign up, fund, and place a real money wager on an online ELITE Sportsbook account Between February 9th, 2021 and January 31st, 2022.
  • To create an account, members must successfully join via the ELITE Sportsbook page and finalize the full KYC process in order to verify: name, age, address, and last 4 digits of social security number.
  • In order to qualify for the Free Bet, all eligible participants must successfully place a real money wager by January 31st, 2022.
  • If the first real money wager loses, it will be matched up to $500 in the form of a Free Bet.
  • Your First Real Cash Wager must be graded within 24 hours of the promotion end date.
  • Only your first real money wager will be matched if graded as a loss.
  • Maximum payout odds to use the Free Bet are +300.
  • Only one Free Bet will be credited per customer.
  • Maximum Free Bet amount is $500.
  • Only the winnings of the Free Bet wager will be credited into your account.
  • The Free Bet bonus will be credited immediately upon your first real money wager being graded as a loss.
  • Bonus offer is valid only for online ELITE Sportsbook real money wagers.
  • Free Bets can only be used on straight wagers, parlays, progressive parlays, and teasers. All other bet types do not qualify for this bonus.
  • Free Bets will expire after 7 days of being credited to your account.
  • Only one account per household policy applies to this offer.
  • Only one account per I.P. address policy applies to this offer.
  • This Free Bet offer cannot be combined with other bonuses or offers.
  • Participants must be 21 years or older to qualify for this bonus.
  • Participants may not be excluded from gambling for any reason.
  • Participants must not be on any statewide exclusion list.
  • Participants must be in the legal jurisdiction to qualify.
  • Free Bet cannot be partially redeemed.
  • Early Bet Cash-Out is not available on wagers placed with free bets.
  • Offer is non-transferrable.
  • Offer has no cash value.
  • All house terms and conditions and applicable law will supersede these terms.
  • ELITE Sportsbook reserves the right to cancel or modify this bonus at any time without prior notification.
  • ELITE Sportsbook reserves the right to disqualify anyone from receiving this bonus based on fraud, dishonesty, or misuse.
  • Contact [email protected] if you have any questions or doubts pertaining to this promotion.