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This article is dated December 11, 2022, content related to promotions is no longer valid. Any promotion described below has expired.
There is no denying that American sports fans and bettors strongly favor following sports like baseball, basketball, and football. It's a shame because there are lots of other sports out there that offer entertainment value. It's good to see that sometimes U.S. sports betting operators will put some focus on other sports by creating bonus promos that can be used on any betting market. That would seem to be the case with the Sports Illustrated Sportsbook Colorado "Live Bet Insurance" promo. Colorado sports betters are welcome to read about this offer below.
The Sports Illustrated Sportsbook Live Bet Insurance promo was posted to the operator's bonus menu on November 7, 2022. It is scheduled to remain in effect until its expiration date on December 31, 2022. Since there is no opt-in procedure connected to this offer, participation requires nothing more than placing qualifying bets. Each SI customer can place one qualifying bet a day, and their first qualifying bet of the day shall be counted towards the promo.
A qualifying bet shall be defined as a live in-game sports wager of at least $25 on any sports betting market with the exception of tennis and soccer. There will be no minimum odds requirement assigned to this offer.
If a participant's qualifying bet ends up being a losing wager, SI sportsbook will grant a 33% insurance rebate based on the amount of the qualifying wager. The maximum potential bonus that SI will grant per day is set at $100.
The bonus related to this offer will be issued as bonus bet vouchers within 72 hours of the qualifying bet going through the settlement process. After SI Sportsbook issues said bonuses, the bonus recipients will be allotted a total of seven (7) wagering days to use their vouchers before they expire. When they expire, they are forfeited and access removed. If and when the vouchers are used successfully and end up as a winning bet, the bonus recipient will be granted access to the net winnings upon settlement of the winning bet.
Sports Illustrated Sportsbook customers in Colorado are entitled to take part in this offer. The offer is also being extended to new customers after they go through and complete the SI registration process.
In the state of Colorado, online gamblers are required to be over the age of 20 years old. They are also required to be in Colorado when they use the SI website.
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