Bally Bet Sportsbook Bonus Code 2023

Our Rating: 3.5
User Rating
Quick Take:

Bally Bet’s sports betting app is a recommended option for wagering in seven states across the US. Bally Bet deals competitive odds on a large selection of sports.

Bally Bet has official partnerships with the MLB’s New York Yankees, NFL’s Cleveland Browns, NHL’s Nashville Predators, and the WNBA’s Phoenix Mercury. We’ll provide the Bally Bet promo code in this review.


Top Sportsbooks in the US

  • Up to $250 Bet Credit
  • Decent user experience
  • Intuitive navigation 

Bally Bet Bonus Code June 2023

Bally Bet Promo Code 

📱 Bally Bet Promo CodeTBA
💰 Bally Bet Welcome OfferUp to $250 in states where it's available
🏆 Best FeatureBally Rewards
⭐️ App Store Rating2.5
ℹ️ Minimum Deposit$10
🇺🇸 States AvailableArizona, Colorado, Indiana, Iowa, New York, Ohio, Virginia (Bally Bet Kentucky coming soon)
Date Verified ForJune 2023

Bally Bet’s promo code allows new users to receive a bet credit of up to $250 based on the amount of their first wager on the platform. The bet credit must be used within seven days from the time it’s received or it’ll be forfeited. 

Bally Bet also gives odds boosts in select states called Bally Exclusives. There are no wagering requirements involved with receiving Bally Exclusives.

How Does the Bally Bet Promo Code Work?

Bally Bet’s sign-up bonus is straightforward. Bally Bet offers new users up to $250 in bet credit based on the amount of their first wager.  

First Bet AmountBet Credit Amount
$200 $200
$225 $225
$250 $250
$300 $250

Terms and conditions apply to all offers. Please see Bally Bet for details. 21+ Gambling Problem? Call 1-800-GAMBLER

Where to Download the Bally Bet App

Bally Bet’s sports betting app is available for both Apple iOS and Android users. Apple iOS users can download their version of the app at the App Store. Android users will download their version at the Google Play Store. There’s also a browser version for desktop use that can be downloaded on the Bally Bet website.

Reliability of the Bally Bet App 

Bally Bet’s app features a solid layout that’s easy to navigate especially for new bettors. Overall, it’s user-friendly and intuitive.  

Bet Types at Bally Bet

Bally Bet offers a lot of different ways to have action on your favorite sports. Here’s a list of available bet types as of this writing:

  • Straight
  • Moneyline
  • Totals
  • Props
  • Futures
  • Parlays
  • Single-game parlays
  • Teasers
  • Live bets 

One note on parlays: These are often referred to as sucker bets because you need multiple outcomes to all be correct. Parlays do offer larger payouts as a result of the higher risk. That’s why they’re attractive to many bettors. The more legs (or outcomes) you include in a parlay will reduce your implied probability to win. 

Parlay Payouts

2-team parlay2.6-1 ($100 bet pays $260)
3-team parlay6-1 ($100 bet pays $600)
4-team parlay11-1 ($100 bet pays $1,100)

We don’t recommend having more than four legs in your parlay. You’ll read occasional stories about someone striking it rich with a 10-team parlay, but this approach is more like buying a lottery ticket. Always be sure to utilize parlay calculators to determine your odds, implied probability of winning, and potential payouts. Same-game parlays have become popular in recent years. With those, you’re betting on multiple things to happen in the same game.  

Quality of Odds at Bally Bet

It’s important to note that no single sportsbook will offer the best odds on every game. Bally Bet offers competitive odds on several sports, but it’s always important to compare the odds being offered across the industry. It’s worth having Bally Bet among your rotation of sportsbooks as a basis of comparison. The more sportsbooks you have in your rotation will increase the likelihood of finding the best odds on your bets.

Does Bally Bet Have the Best Odds?

As mentioned, this is a claim that no single sportsbook can rightly make. Bally Bet offers decent odds on a variety of sports, but it’s up to bettors to shop around the marketplace for the best prices on their plays. 

How Does the Point Spread and Over/Under Work?

A betting line consists of the spread, moneyline, and total. The spread adds or subtracts points to a team’s total in an effort to level the playing field between two opponents. Let’s say the Cowboys are a -7 favorite against the Giants in the NFL. Dallas would need to win by a minimum of eight points to cover the spread. The Giants could lose the game by six points and still cover. 

The total is the combined number of points scored by both teams in the game. You’re betting Under or Over a set amount of points. That’s why totals are also referred to as Over/Under. If the total is set at 48.5, a minimum of 49 points needs to be scored for the Over to hit and a maximum of 48 for the Under to cash.

Sportsbooks charge a fee to handle bets. This is commonly referred to as the vig. At standard odds of -110 (meaning you’re betting $11 to win $10), the vig translates to 4.36%. The vig is only applied on losing bets.  

Does Bally Bet Have Good Moneyline Odds?

Moneyline odds are offered on teams to win the game outright. It doesn’t matter by how many points. Again, you always want to compare the moneyline odds being offered across the market and locate the best number for your bet. Let’s continue with the hypothetical Cowboys vs. Giants game in our example. 

Dallas is being offered as a -180 favorite and New York is the +150 underdog. What’s that mean? You’ll need to bet $180 on the Cowboys to win $100. A $100 wager on the Giants will pay out $150 if they win the game. Remember, there are no points involved in moneyline bets. You just need your chosen team to win. 

Shopping Around for the Best Futures Odds

Futures odds are available on season-deciding events such as the Super Bowl and World Series. These odds are offered throughout the year, and they can fluctuate greatly at different sportsbooks. 

Bally Bet didn’t have futures odds on Super Bowl 57 listed at the time of this writing. Let’s use a comparison between DraftKings and FanDuel to see how these odds work.

DraftKings (+330) and FanDuel (+350) both offered the Buffalo Bills as the betting favorite to win Super Bowl 57. You’d make your bet to win on the Bills at FanDuel because it offered slightly better odds at +350. A $100 bet on Buffalo will return $350 at FanDuel compared to $330 at DraftKings. Futures odds can fluctuate more the farther down you go on the oddsboard. 

Green Bay, for example, was offered at +13000 at DraftKings and +18000 at FanDuel. That’s a big difference in value if you’re betting on the Packers to win the Super Bowl. 

Sportsbooks try to entice bettors with competitive odds while keeping an eye on their theoretical hold. This is the amount of profit they expect to make on a betting market. A higher theoretical hold means lower odds and payouts for bettors. A lower theoretical hold translates to higher odds and payouts.  

How to Place a Wager at Bally Bet

There are a few steps you’ll need to take before making your first wager at Bally Bet. The first step involves signing up for your new account at Bally Bet. We’ve discussed how to do this previously and how to claim any available sports betting bonuses. Once your account is created, make your first deposit using one of the many convenient methods Bally Bet offers. We recommend using online banking or PayPal. Now you’re ready to make your first bet!

Simply navigate on Bally Bet’s app to the league and game of your choice. Click on the odds of your chosen team or outcome. Place a bet amount in the bet slip, confirm the information is correct, and submit. It’s that easy.

Fast facts: Bally Bet offers live streaming on its app. You can use it to monitor potential live bets on the platform. 

Available promotions: In addition to the sign-up offer, Bally Bet offers Bally Exclusives, Bally Rewards, and VIP programs. There are several ways to maximize your win potential at Bally Bet. 

Key features of the app: Live betting is available at Bally Bet. You’ll also find progressive parlays on the Bally Bet app.

Bally Bet Sportsbook By State 

Bally Bet is licensed and legal in:

Bally Bet Ohio

The newest addition to Bally Bet’s portfolio comes with Bally Bet Ohio, which will be one of as many as 25 online sportsbooks in the Buckeye State. Ohio sports betting launched on Jan. 1, 2023

Bally Bet Ohio will offer betting on the Cincinnati Bengals, Cleveland Browns, Cleveland Cavaliers, Columbus Blue Jackets, Ohio State University, and more. There are no restrictions on betting on college sports in Ohio.

Yes. Bally Bet Sportsbook is legal and licensed in seven states: Arizona, Colorado, Indiana, Iowa, New York, Ohio, and Virginia. Always be sure to do business with legal sportsbooks as their business dealings are overseen by state gaming commissions that protect the interests of consumers. You’ll have no such protection when using illegal or offshore sportsbooks.

Yes. Bally Bet offers new users up to $250 in bet credits based on the amount of their first wager, whether that wager wins or loses. These bet credits must be used within seven days.

Yes. Apple iOS users can download the Bally Bet app at the App Store.

Yes. Live or in-game bets are available after a game has started. New odds are offered on a real-time basis. 

You’ll need to be 21 years or older. Every state that has legalized online sports betting so far has set 21 as the legal age. It is possible that a future state will set a different legal age, but that seems unlikely.

The Bally Bet sports betting app features geo-location technology that prevents bets from being placed outside states where it’s legal and licensed. You need to physically be within the boundaries of legal states to place a mobile bet at Bally Bet.

About the Author
Kris Johnson

Kris Johnson

With more than 15 years of experience as a sports journalist, Kris Johnson’s work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and more. Kris also wrote a sports-betting novel entitled The Endgame.

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