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Bally Bet review

Last updated on: October 18, 2022
Bonuses
4
Casino bonus score

Bally Bet offers a pretty good welcome bonus. It’s a deposit match bonus of up to $250, which is more or less what we expect to see these days. Terms and conditions are also favorable, so you don’t have to worry about any hidden obstacles.

Welcome bonus
Up to $250 first bet match
Other promotions
Free bets, parlay boosts
VIP
Bally Bet Trophies, Bally Rewards
Additional details
Use bonus code: No bonus code required. Register to claim offer
Qualifying bet: No minimum bet amount and no odds restrictions
Wagering requirement: 1x bonus
Payment Methods
2
Payments score

The selection of payment methods is probably the worst part of Bally Bet. They offer only a handful of options, which is much worse than what their competitors have in place. We suggest using Play+ for the fastest withdrawals of just 1 – 3 business days.

Deposits
Min: $10
Max: $2000
Min: $10
Max: $2000
Min: $10
Max: $2000
Min: $10
Max: $2000
Withdrawals
Min: $10
Max: No limit
Min: $10
Max: No limit
Min: $10
Max: No limit
Min: $10
Max: No limit
Sports & Features
4
Overall sports and features provided

Bally Bet focuses on the most popular sports in the US, such as basketball, football, baseball, and hockey. You won’t find many niche sports at this online sportsbook.

Sports
Baseball Baseball Basketball Basketball Football Football Golf Golf Hockey Hockey
Features
Betting Trends
Security
5
Security score

Bally Bet is one of the largest companies in the entertainment business. Apart from the online sportsbook, they also operate a range of land-based casinos. They have all the necessary licenses, so you can be sure that you’re dealing with a reliable company.

Support
5
Customer support score

Bally Bet offers excellent customer support which is available 24/7. You can reach their support agents via phone, email, or live chat. Keep in mind that they may have different emails and phone numbers for different states.

Live Chat
24/7
Phone number
Email
Interface
4
Casino interface score

Bally Bet is still a newcomer in the world of online betting so they don’t have all the flashy features as some of their competitors. But still, Bally is a solid-looking sportsbook with great odds and excellent mobile apps for iOS and Android.

bally bet app screenshot
bally bet app screenshot
bally bet app screenshot
Offer
250 $ BONUS
Up to $250 first bet match
8
Bally Bet is one of the most well-known brands in the US, it has since evolved and improved. Bally Bet has a great sportsbook available with an attractive welcome bonus, despite being best known for their casinos.

Bally Bet Welcome Bonus

Bally bet offers a solid 100% matched bonus to all new customers in every state where their sportsbook is available. You can receive up to $250 in free bets with Bally Bet’s welcome bonus. The minimum qualifying deposit is $10, which is an industry-standard welcome bonus offer.

The welcome bonus at Bally Bet is available for all sports, so no matter what sports enthusiast you are, you can take advantage of it.

Bally Bet welcome bonus
bally bet welcome bonus
Max bonus$250
Bonus percentage100%
Wagering requirements1x bonus
Time to complete the wagering requirements7 days
Expiry date06/11/2021
Minimum odds+300
Bonus codeNo code required
Sports restrictionsNone

When your place your first bet you’ll receive the same amount that you’ve wagered. It may take up to 72 hours until your Bally Bet free bet is credited to your account, but Bally Bet state that it will be immediately credited to you. Keep in mind that the free bet you receive can only be used on the following types of bets; straight wagers, parlays, progressive parlays, props, and teasers.

Bally Bet Bonus T&Cs

As a new customer, the Bally Bet welcome bonus terms and conditions are straightforward and easy to understand. Bally Bet only has a few terms and conditions that you should follow to be eligible for the welcome bonus.

Only your first real money wager will be matched if graded as a loss.

You should only place a real money bet as your first bet with Bally Bet if you would like to be eligible for the welcome bonus.

The free bet will expire after 7 days after receiving it.

Remember to turn your free bet into winnings before 7 days, as it will disappear from your account.

Early cashout is not available on bets placed using your free bet.

You cannot use the early cashout feature when using the free bet you received from the welcome bonus.

How to claim Bally Bet Sign-up Bonus

1
create bally bet account
Create a new account with Bally Bet

Simply enter your personal details and select the welcome bonus.

2
verify email
Verify your email

Check your email and verify it.

3
place bet
Place a $10-$500 bet

Respect the minimum odds and wagering terms.

4
receive free bet
Receive your free bets

If your bet wins, you won’t receive the free bets.

5
complete bonus requirements
Complete bonus requirements

Remember to wager your free bet once in 7 days.

Bally Bet Sports Betting

Bally Bet offers a good selection of popular American sports as well as sports that aren’t typically available, including international baseball and the CFL. Their sports selection isn’t as big as Fanduel or BetMGM sportsbooks, we do hope they increase their sports betting selection.

Sports Available to Bet On

Bally Bet’s sports selection may be small for other sports, but if you’d like to focus more on the major leagues then Bally Bet is perfect for you. They offer all the major sports leagues, as well as the women NBA team which is usually not available at other sportsbooks.

Other Sports

There isn’t a lot of focus on other sports at Bally Bet as there is a very small amount of other sports available. However, there are smaller niche sports like tennis and golf. There aren’t really other sports apart from the most common ones among Americans.

Odds Comparison

Although Bally Bet had only one NFL match at the time of writing, their odds aren’t of low value. Bally Bet are slower to upload new matches compared to other sportsbooks, but they’ll probably still have more matches later. We compared Bally Bet’s NFL odds for a match between Baltimore Ravens and Las Vegas Raiders.

 “bally“fanduelBorgata Sport“foxbet
Home -200-210-190-200
TieN/AN/AN/AN/A
Away +170+176+160+170

Bally Bet has average-priced odds for this NFL match, so even when compared to larger established sportsbooks they have good-priced odds.

Bally Bet Blog and Betting Picks

Bally Bet don’t have a blog at the time of writing. This could be due to the fact that they only launched 4 months ago. We’re excited to see what the future of Bally Bet holds, hopefully, they create their own blog. A good example for them is to create a blog like BetMGM’s sportsbook blog.

Bet Slip

The bet slip at Bally Bet is a bit confusing for those that like having the option to hide the bet slip, as you cannot do this with Bally Bet.

Bally Bet bet slip screenshot

Here is how you can place parlay or teaser bets at Bally Bet.

Bally Bet bet slip screenshot

Click the ‘Place Bet’ button to confirm your wager.

Betting Markets

Bally Bet offer a good amount of betting markets. We compared them to Fanduel’s betting markets and there wasn’t a huge difference.

NFL

Bally Bet had a small selection of NFL matches, this could be since they hadn’t yet updated the matches on their sportsbook. We did however compare the one match that was available to another sportsbook and found that Bally Bet have average-priced odds for their NFL matches.

NFL
Margins

3.8%

NFL betting markets

1st Quarter, 1st Quarter 3 way, 1st Half Lines, Team to score first,  first score will be, total points, Alternative lines

Odds

Average

Min/max bet

N/A

Promotions

N/A

Football Promotions at Bally Bet

Bally Bet are still new to the sports betting industry, so we’ll give them the benefit of the doubt and assume that’s why there aren’t any NFL promotions.

There were no NFL promotions available at Bally Bet at the time of writing this Bally Bet review. It would be great if Bally Bet would offer promotions during NFL season, this benefits both them and their patrons.

NBA

We couldn’t compare their exact betting markets with another sportsbook since there weren’t any matches available. However, we know that they’re usual betting markets aren’t a small amount, we can imagine that their NBA betting markets will have a good amount of betting markets.

NBA
Margins

N/A

NBA betting markets

N/A

Odds

N/A

Min/max bet

N/A

Promotions

N/A

Basketball Promotions at Bally Bet

The NBA matches for next season were still not uploaded during the writing of this Bally Bet review, so there obviously were not any promotions. Bally Bet offer more general promotions rather than specific event promotions, so we suggest you take a look at their promotion section.

NHL

The NHL was still off-season when conducting this Bally Bet review, which is why there weren’t any matches available on Bally Bet. However, we compared their future matches odds with another sportsbook, they did have lower odds for futures.

NHL
Margins

N/A

NHL betting markets

N/A

Odds

Low (for futures)

Min/max bet

N/A

Promotions

N/A

Ice Hockey Promotions at Bally Bet

There weren’t any NHL promotions at the time of writing, but we’re hopeful that Bally Bet would add an NHL promotion. We suggest you take a look at their promotion section if you decide to bet with them.

MLB

There are quite a lot of betting markets available at Bally Bet for their MLB sports section. The odds offered for their MLB matches were quite average, and we do have to say that their MLB margin is very low compared to other sportsbooks.

MLB
Margins

3.16%

MLB betting markets

First, 5 Innings line and total, Team to score first, Alternative Lines A, Total points, Team Total runs, Total runs, Innings

Odds

Average

Min/max bet

N/A

Promotions

N/A

Baseball Promotions at Bally Bet

The MLB season was on and still, there weren’t any promotions specific to MLB, but you could still make use of their other general promotions. You should check out their promotions section before a season starts so you can plan ahead.

NCAA

Bally Bet had still not uploaded all the odds for the NCAA matches but their spread margin was very good. It’s a very low margin compared to other sportsbooks for the same match. It is worth noting that Bally Bet are quite slow at updating their odds and betting markets compared to their competitors.

NCAA
Margins

3.09%

NCAA betting markets

1st Half, 2nd Half, 1st TD scorer

Odds

Average

Min/max bet

N/A

Promotions

N/A

NCAA Betting Promotions at Bally Bet

There weren’t any NCAA promotions on Bally Bet even though we reviewed this sportsbook during the NCAA season.

Bally Bet Betting Features

Bally Bet have an early cashout feature, which you could use for some of the matches.

  • early cashout
    Early cashout

    This feature is available on Bally Bet. What’s unfortunate is that you cannot know if the bet you’re placing has this feature, as you’ll only know after you’ve put your bet.

  • live streaming
    Live streaming

    Bally Bet don’t offer live streaming in the US yet.

  • bet builder
    Bet builder/Same game parlay

    Bally Bet don’t offer bet builder/same game parlay in the US yet.

  • easy parlay
    Easy parlay

    Bally Bet don’t offer easy parlay yet.

  • edit bet
    Edit bet

    Bally Bet don’t offer edit bet feature yet.

Bally Bet Live Sports Betting

If you’re someone who enjoys live betting then you’d be better off with another sportsbook as Bally Bet don’t focus on their live sports betting. Not only is the live betting suite difficult to find from their website, but there aren’t a lot of sports available.

We compared at the same time the amount of sports that Bally Bet had live betting on with another similar sportsbook. Bally Bet had only 1 live match while the other bookie had over 15 live matches available.

Bally Bet live sports betting
Range of markets

Basic

Live stats

Basic

Ease of use

Basic

Live streaming options

None

There isn’t live streaming at Bally Bet, but if you’re looking for a sportsbook that offers live streaming you should check out Borgata Sports and Fanduel.

Payment Methods at Bally Bet

It was difficult to find the payment methods on their website and FAQs. We had to use their live chat support to ask about their payment methods.

However, the customer support agents were very knowledgeable and helpful. They have 3 available payment options and only one of them is a withdrawal option.

 debit card logoplay plus logobank transfer logo
Min/max depositMin: $10
Max: $2,000
Min: $10
Max: $2,000
Min: $10
Max: $2,000
Min/max withdrawalMin: $10
Max: No limit
Min: $10
Max: No limit
Min: $10
Max: No limit
FeesNo feesNo feesNo fees
Payout time1-3 business days1-3 business days1-3 business days
Withdrawal methodNoNoYes

We do wish they had more payment options such as PayPal, which is widely used by Americans for betting. Their payout time is actually very good when compared to other sportsbooks which might take much longer to process your withdrawal.

Bally Bet Mobile App

Bally Bet sportsbook offer an app for both states they’re legal in, Colorado and Iowa. Their app is compatible with iPhones, Android, iPads, and tablets, you can download it from Google Play Store and Apple App Store.

You have the same options as the desktop version, so you can still turn your bets into parlay or teaser.  You have all the sports available on the top of the app, the major leagues are shown first when using the app.

With the app, you’ll be able to bet using your smartphone or tablet/iPad on any of the bets which are available on desktop as well.

Bally Bet bet slip screenshot

Here is how you can place parlay or teaser bets at Bally Bet.

Bally Bet bet slip screenshot

Click the ‘Place Bet’ button to confirm your wager.

Geo-location with Bally Bet

To bet with Bally Bet on desktop you’ll have to download a geo-location software called GeoComply.

Once you download the software you can start betting on Bally Bet as it automatically recognizes your location. If you have an older version of the software you will have to download the newer version to be able to bet on Bally Bet.

As for when you use your smartphone or tablet, you’ll have to leave your GPS location on when you’d like to bet on the app.

Is Bally Bet Legit?

Bally Bet Corporation was founded in 2004, they own 13 casinos across different states in the US. Then in 2021, they launched their first online sportsbook in Colorado. Later on, they went live in Iowa as well.

Bally Bet Corporation are one of the leading casino-entertainment company in the US. Not only do they have a great online presence but have multiple in-store casinos around the US.

Bally Bet company info
bally bet info
US licensesCO, IA
Casino
Non-US licensesN/A
Responsible gambling measuresDeposit limits, Spending limits, Time limits, time-out period
Year founded2004
OwnerBally’s Corporation
CEOGeorge Papanier
Publicly tradedNYSE

History of Bally Bet

Back in November 2020, Bally Bet made the purchase of the popular Bet.Works, one of the US most powerful sportsbooks. In 2021 they then launch the newly branded Bally Bet sportsbook for the Colorado State, a month later, they also add Iowa.

bally bet buys bet works
2020

Acquisition of Bet.Works

Bally Bet buys Bet.Works for $125m.

colorado launch
2021

First launch for their online sportsbook

Bally Bet open their first sportsbook in the state of Colorado.

iowa launch
2021

Second launch for their online sportsbook

The state of Iowa becomes available on their online sportsbooks.

In the last few years, they’ve already launched in 4 different states in the US. Keep in mind that for a sportsbook to be legal in the United States, it must first obtain a gambling license from the state it wants to launch in.

Why You Should Join Bally Bet

Bally Bet’s online sportsbook has only been open for the past 4 months, but they have managed to create a good sportsbook for that short amount of time. Although they may not have as many features they still have good-priced odds for bettors.

Pros
  • Early cashout
  • Live chat
  • Average priced odds
  • Mobile application
Cons
  • Limited sports options
  • Complicated user interface
  • Slow at uploading new matches

A big disadvantage is that Bally Bet are slow at uploading new matches on their sportsbook. We look forward to seeing if Bally Bet will launch in new states since they already have 14 horse racing licenses in multiple states.

Alternatives to Bally Bet

If think that Bally Bet is not the right sportsbook for you, you should take look at these other sportsbooks.

FAQs

Yes, Bally Bet is legitimate and you can place bets on their online sportsbook on desktop or smartphone. The sportsbook is owned by Bally’s Corporation, which owns a lot of casinos in the US.

Yes, Bally Bet is a safe sportsbook. You can rest assured that it is a trustworthy online sportsbook. They use encryption to keep any of your personal information and payment methods secure.

With Bally Bet, you can get up to $550 in free bets. It is a risk-free bet welcome bonus which means that you will need to lose your first wager to receive the free bets. The minimum qualifying deposit for the welcome bonus is only $10.

Yes, Bally Bet offers early cashout; however, you won’t know if your wager qualifies for early cashout until after you’ve placed it. The Bally Bet app on mobile and tablet also has this betting option available.


250 $ BONUS

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