Parx Sportsbook Promo Code
Like most sportsbooks, bettors who sign up at Parx are rewarded with a welcome bonus.
Currently, this is the welcome offer available on the site: a $500 Risk-Free Bet.
To get this welcome deal, you should use our promo code, “BESTODDS“, when you’re creating your new Parx betting account.
Truthfully, Parx’s welcome bonus is pretty standard across the industry. But it should end up giving new bettors a safety net of sorts since there’s the guarantee of a refund if a bettor loses their first wager.
For example, if you wager $400 after signing up but unluckily lose your initial wager, Parx will compensate your losses by giving you a $400 refund—the bonus is given in the form of a free bet that’s equal to the amount of the qualifying wager.
As per the terms of the promo, the maximum amount you can get back is $500. You also need to deposit at least $10 after signing up to be eligible for the promo.
It’s important to note that the refund aspect only applies to your first bet. So if you lose your second, third, or fourth wager, don’t expect a bonus from the sportsbook.
Also, if your first wager results in a win or a push, you don’t qualify for a bonus.
If you’re a first-time bettor, or if you truly want to take advantage of future bonuses, here are a few key terms that should always be at your fingertips:
- Total Bonus Available: The maximum amount a bettor can expect from an advertised promo. For example, Parx’s welcome bonus has a $500 maximum refund.
- No Deposit Bonus: Bonuses that are offered freely without requiring an investment from a punter.
- Free Bet Offer: A bonus whose reward comes in the form of a free bet of a specific value.
- Risk-Free Bets: Bonuses that offer refunds.
- Bonus Code: A promotional code—mainly presented during the registration process—that’s used to unlock a sign-up/welcome bonus.
Do Parx’s Promo Codes Expire?
Parx’s welcome bonus won’t last forever. If you want to take advantage of the bonus, you need to plan beforehand and use the funds before they expire.
Once your first wager on Parx Sportsbook is graded as a loss and you receive your free bet, you’ll be given ten days to meet the sportsbook’s 1x wagering requirement—you can’t withdraw the bonus until you meet this requirement.
Ten days may seem like a short period, but luckily, the wagering requirement attached to the bonus can be easily met within this time.
Parx No Deposit Promo Code
No deposit promos, which reward bettors with a free bonus without requiring any sort of financial commitment from them, are extremely scarce.
Currently, Parx Sportsbook doesn’t have a no deposit offer.
Parx Deposit Match Bonus
With a deposit match bonus, bettors can expect to receive a bonus equal to the amount of their first deposit. That’s why many sportsbooks also use the term first deposit bonus when advertising such promos.
Since Parx Sportsbook has a risk-free bet welcome offer, the site currently doesn’t have a deposit match bonus.
Parx Free Bet
The easiest way to get a free bet on Parx Sportsbook is by opting for the site’s risk-free bet welcome promo.
If you lose your initial wager, you’ll be rewarded with a free bet worth the same amount.
Other occasional promos on Parx also reward bettors with free bets. When such promos eventually pop up, we’ll be sure to add them to this list.
Parx Risk-Free Bet
As we’ve already mentioned, new bettors who register at Parx Sportsbook are rewarded with a risk-free first bet.
Essentially, this means you’re guaranteed a refund if you lose your first wager, so you can try out something different since there’s less risk on your side.
For example, if you risk $350 on a sports bet after creating your Parx account and end up losing that wager, you’ll be rewarded with a free bonus bet worth $350.
How To Redeem Parx Sportsbook Promo Codes?
If you wish to take advantage of Parx’s $500 risk-free first bet promo, you first need to sign up and redeem the sportsbook’s promo code.
Luckily, Parx has simplified this process. To ensure that you get the welcome offer, here’s what you need to do:
- Use one of our links or manually head over to the Parx website.
- Click sign up. You’ll be taken to a registration page.
- Provide the following user details: email, date of birth, username, password, and two security questions. When done, click next.
- On the next registration page, provide the following personal details: name, address, city, ZIP code, state, mobile number, and the last four digits of your SSN.
- Finally, if you have a valid Parx promo code, you can enter it in the box titled promo code. You’ll also have the option of setting additional security options as well as opting for marketing emails from the site.
- When done, agree to the terms and confirm the accuracy of the info you’ve provided.
Check Bonus Funds On Parx Sportsbook App
To check bonus funds on the Parx Sportsbook app, just head over to your account balances. Any bonuses that have been issued should appear in your account balances.
When you’re going to place a bet, Parx should also give you the option of using bonus funds instead of your normal betting balance.
How Long Do Bonus Funds Take To Arrive?
After your first risk-free wager is settled as a loss, Parx should award you with a free bet immediately.
However, there are certain times when a few technical issues may arise. In such a scenario, according to the sportsbook, it may take up to 3 days for your bonus to arrive.
Rollover & Wagering Requirements
In all sports betting bonuses, sportsbooks don’t just allow bettors to withdraw the funds once they receive them; bettors first need to wager the bonus multiple times before they can retrieve any bonus funds.
Luckily, Parx hasn’t complicated their welcome bonus with any jarring restrictions.
Instead of forcing you to risk your free bet multiple times, the sportsbook has placed a simple 1x wagering requirement on their welcome bonus, meaning you just need to bet the bonus once.
However, you need to know that the free bet amount won’t be included in your winnings, i.e., you don’t get the stake plus the winnings, just the winnings.
Also, you can’t break your free bet into multiple bets of smaller denominations.
Sports Specific Bonuses & Promotions
Apart from the $500 risk-free bet welcome offer, Parx occasionally lists other promos on their site. We’ve listed some of their occasional promos down below:
- Sixers Special – Win a free bet if a Philadelphia 76ers player scores a 3-pointer
- Bet $25 and win $100 if a touchdown is scored in select NFL games
- Bet $25 and win $50 if the Flyers score a goal in the Stanley Cup Playoffs
Other Parx Sport Promos
- Occasional soccer and MLB promos
Promos Outside Regular Sign Ups
Here are a few other Parx Sportsbook promos that are worth considering:
Refer A Friend
Currently, Parx doesn’t have a refer-a-friend bonus.
- There are no such promos currently
Promos Worth Considering
At the time of writing, Parx Sportsbook is only available in one state: Pennsylvania.
All the promos mentioned in this bonus review can only be redeemed by bettors who are in the Keystone State, though the sportsbook has concrete plans of spreading its reach in the near future.