123bet Promo Code: Get 25% First Deposit Bonus When You Deposit $50

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Use a 123bet promo code at signup to give your starting funds a boost. Get a 25% match on your first deposit of at least $50. Plus, check out all your online horse racing options. And catch up on the 13 Triple Crown winners in history.

123bet promo code

What can I get with the 123bet promo code?

123bet Promo Code Offer Promotion Details 123bet Promo Code
 First deposit bonus 25% when you deposit at least $50
 Refer-a-friend bonus  $50 referral credit
 Daily cash rewards  Based on total money wagered the previous day
 No fees On deposits of $100 or more
 Ladies day 2x Thursday  Double the payout if participant finishes in the Top 3

How can I use the 123bet promo code?

Redeeming the 123bet promo code – which will get you a 25% bonus when you deposit at least $50 – is as simple as following the four steps below:

  1. Sign up to 123bet. All new users who registered with a valid 123bet promo code are eligible for the first deposit bonus.
  2. Make your first deposit. Meet the minimum deposit amount and give your funds a boost before you even start playing.
  3. Make your first wager of at least $50 within 30 days of creating your account.
  4. Enjoy your 25% bonus!

Terms & Conditions

In order to be eligible to redeem the promo code, you must meet certain terms and conditions.

  • You must be a new user with no registration or playing history at 123bet.
  • A valid 123bet promo code must be entered during the registration process.
  • You must make an initial deposit of at least $50 to qualify for the 25% bonus.
  • The bonus from the promo code will be credited as betting credit and is not available for withdrawal until the bonus has been wagered through once at odds of 1:2 or higher within 30 days of sign up.
  • Wagering credit does not count towards the waging requirement.
  • Show ways do not count towards the promotion.
  • Unused bonus funds from the horse racing bonus code will be deducted after 30 days.
  • You must be at least 18 years old (excluding Washington, where residents must be at least 21 years old).

Other Promotions

123bet has several promotions and bonuses on offer for both new and existing users. While some of them are a one-time-only deal, the majority can be redeemed on multiple occasions.

123bet bonuses

25% First Deposit Bonus

The first 123bet promo code offer is the first deposit bonus, wherein you can receive a 25% boost when you deposit at least $50 when making your first payment.

While the above bonus strictly applies to your first deposit, you can actually receive an additional 25% bonus after wagering $1000.

$50 Refer-a-Friend Bonus

When customers sign up to the horse racing website using your unique 123bet promo code – which will be ‘FRIENDXXXX’, with the ‘XXXX’ representing the last four numbers of your account number – you will receive a $50 referral credit.

Both you and your friend win when it comes to this bonus: by signing up with a referral code, your friend will receive a $10 free wager credit when they make a cleared deposit and wager over $500.

Daily Cash Rewards

On top of 123bet sign-up bonuses, existing users can benefit from daily cash rewards. Each day, users will receive generous rewards based on total money wagered on the previous day.

In addition, every Monday morning qualifying users are credited with weekly VIP wager rewards, which are based on the customer’s total wagering during the previous seven days.

No Fees on Deposits of $100 or More

A nice perk of betting on horse racing at 123bet is that anyone who deposits $100 or more will have their deposit fees reimbursed at the discretion of management.

Keep in mind that customers who accept this offer must wager the funds before making a withdrawal.

Ladies Day 2X Thursday

Every Thursday, the horse racing website has a special offer: if a female participant finishes in the Top 3, 123bet will credit their account with the same amount. This will effectively double their payouts.

Betting Markets

123bet has all your online horseracing favorites, in addition to some personal twists. This means you can either have a more traditional experience or a more unique one by participating in Freeplay or Pick6 – the choice is yours.

General Information

123bet has a wagering dashboard updated daily. Throughout the week it covers dozens of races, both American and international.

The horse racing website has also partnered with a number of racetracks and OTBs throughout America. This allows customers to have the choice to place their bets either online or in-person at wagering windows and self-service terminals.

123bet horse racing

There are also a number of different leaderboards available on their website, divided by the following categories: Wager, Weekly, TV, and Mobile.

Types of Wagers

123bet offers all of the favorite types of wagers including Win, Place, Show, Exacta,  Trifecta, and Exotics.

It is also home to 123racing Pick6 $2 competitive pari-mutuel wager pools, a new handicapping contest style bet type.

Pick6 can be described as fantasy sports for horseracing. It pits you against the rest of America and is an interactive wager meant to appeal to handicappers of all levels of experience.

Free Handicapping Challenges

In addition to the paid play, 123bet also has regular free to place handicapping contests, which users can participate in for the chance to win big cash prizes. Join and you’d become part of a Freeplay community that’s at 30,000 members and counting.

123bet Live Horse Racing

123bet advertises itself as a licensed and regulated live betting website for horseracing and live horseracing video streaming. They live stream all of their races, which take place at hundreds of racetracks and raceways throughout America and the world.

The live video feeds are high quality, ensuring that you can make informed betting decisions before and while you watch the race.

Which is to say: 123bet is unique in being a rare ‘watch and wager’ horseracing betting operator. This means that you are not only restricted to betting before the race – you can place bets while it’s going on as well.

Where is the 123bet mobile app?

123bet mobile app

There is no 123bet mobile app that can be downloaded in the Apple Store or Google Play. Instead, they have a special mobile-optimized version of their website.

The mobile site is a near mirror image of the desktop version. This makes it just as easy to use and to place bets on.

What are the payment options for the 123bet promo code?

Ready to make your first deposit and redeem the 123bet promo code? The operator accepts a wide variety of payment methods, from online transactions to snail mail. A such, you’re sure to find one that fits your preference.

Payment options include debit card, credit card, PINpocket, Green Dot MoneyPak, PayNearMe, personal check (sent by courier), wire transfers, and direct deposits from the Bank of America.

Customer Service

If you’re having issues with your 123bet promo code – or with anything else – customer service is on standby. Customers can call 123bet directly at 1-877-782-9994 (available between 9 am – 10 pm EST) or send them an email at [email protected]

If you happen to be in the Portland area, you can also visit their customer care offices in person. The physical address of the offices is clearly listed in the Customer Care section of their website.

If you have a general query, you should consider visiting the blog, which is regularly updated with updates to subjects such as payouts and VIP weekly changes. It also covers the latest horse racing news and suggests odds to bet on for specific horses to win.

123bet blog

Review

123bet is a smaller American horse racing website, but still one worth giving a look. Horseracing fans are sure to appreciate the live streams, national and international coverage, Pick6 feature, and live betting (a rarity in the industry).

The website looks outdated and it could use a dedicated mobile app, but these negatives are outweighed by the positives. And with the 123bet promo code giving you the chance to receive a 25% bonus when you make a first deposit of $50, you can’t go wrong testing it out for yourself.

FAQ

Is there a 123bet promo code currently available?

Yes. New players to the horse betting operator can use a 123bet promo code to claim a 25% bonus on the first deposit of $50 or more.

Who can claim this promotional offer?

Only new signups qualify for the 123bet promo code bonus offer mentioned above. That said, there are other promotions on offer for existing users, such as the refer-a-friend bonus and daily cash rewards.

In addition to being a new player, you must also be a US resident over the age of 18 (21 in Washington).

Can I claim more than one bonus offer?

Yes, provided that you meet the terms and conditions of those particular offers.

Why am I having trouble redeeming the bonus? 

If you are experiencing problems with your promo code, you can contact the horse betting operator’s customer service. They can be reached by phone, by email, and even in person.

If you reach out to 123bet directly, they will be able to personally solve your specific issue with the promo code, as well as answer any other questions that you may have.