| Bonus Details | |
|---|---|
| Max Bonus | Up to 100% Insured Bets |
| Bonus Code | Not Required |
| Player Type | New and Existing players |
| Minimum Deposit | NA |
| Wagering Requirements | NA |
1xbit is the best online betting platform for bitcoin or other cryptocurrency users. Cryptos are considered as the quickest mode of payment in the online betting sites. With these swift payments, live betting on sports like cricket becomes much more exciting.
1xbit brings you an exciting offer to insure your bets up to 100% and play risk-free. You can get the insurance for both single and accumulator bets. If you lose any bet, you will get back the insured part of the bet.
Refund, free bet and cashback are three different animals
The three words are used loosely in marketing and precisely in terms, and the difference is money. A refund returns the stake of a losing bet, usually as bonus funds rather than cash. A free bet stakes an amount on your behalf and returns the winnings without the stake. Cashback pays back a share of losses over a period, calculated after the fact. Same headline, three different amounts in the account.
The practical consequence shows up at settlement. A returned stake can be staked again, so its value depends on what the terms allow it to be staked on; a free bet return at a short price is worth far less than the same figure in cash, because the stake does not come back. Anyone comparing two offers by their headline figure alone is comparing two things that are not the same unit.
This page explains the mechanics and the vocabulary. Which of the three a particular promotion actually is — and the conditions attached to it — is stated only in the operator’s terms, and that wording changes without notice.
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How to Claim this bonus at 1xBit?
- Click on Claim Now button and go to the 1xbit official website.
- Go to the Sports section and place your bet.
- Go to the bet history and select the bet you want to insure.
- You can bet some part of the bet or the whole of it.
Bonus Terms & Conditions
- The insurance cannot be used for any bets other than single or accumulator bets.
- More than one insurance can be bought for a single bet.
- The insurance price will change according to the current changes in odds.
- The total amount of the insurance cannot exceed 100% of the bet.