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1xBit Bet Insurance - How to get a 100% refund on losing bets

  • 100% Bet Insurance available at 1xBit
  • Offer allows you to insure sports bets, either in part or in full
  • Offer available for both singles and accumulator bets
  • Exclusive 1xBit promo code NEWBONUS also gets you a 7 BTC bonus when you open an account!
Conrad Castleton 11 Aug 2021
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1xBit have launched 100% Bet Insurance, allowing their players to insure bets to avoid a loss.

Many sportsbooks offer some form of insurance on losing accumulator bets, but 1xBit.com have taken things a step further, with their paid-for service allowing sports bettors to buy insurance on both single and accumulator bets. Furthermore, bets can be insured either in part, or in full, meaning you can put yourself in a position to avoid a losing bet completely!

Any 1xBit customer can insure their sports bets, either in full or in part. This means any existing customers can already take advantage of 100% Bet Insurance. For new customers, use the 1xBit promo code NEWBONUS to get an exclusive 7 BTC welcome bonus when opening account. Once registered, you'll also have full and immediate access to this offer!

As noted, insurance can be bought for single and accumulator bets, and if your bet loses, the insured part of the bet will be refunded to your 1xBit account.

Here's a quick example of how it works:

  • You place a 5mBTC bet at odds of 1.8 and want to insure 100% of the bet.
  • 1xBit will insure the full bet for a cost of 2.43mBTC (if you agree to this, your account would be debited by 2.43mBTC)
  • If the bet wins, you'll receive 9mBTC, paid to you in full.
  • If the bet loses, you'll still receive 5mBTC because the full stake was insured (5mBTC)!

You can also purchase more than one insurance for the same bet.

For example, you could at first decide to insure 30% of the bet, then 50%, then another 20%.
The main rule when purchasing several insurance policies is that the total amount cannot exceed 100% of the bet, plus the insurance price may increase (or decrease) depending on any odds changes.

To insure your bets at 1xBit, simply:

  1. Go to 1xBit.com or open a new account using the NEWBONUS code (7BTC welcome bonus for new customers joining with this exclusive code)
  2. Log in to your account and click on 'Sports'
  3. Places your bet(s) - either a Singles or an Accumulator bet
  4. Enter your stake value and confirm your bet

Once the bet has been placed, go to your account and select 'Bet History'. Select the bet you have just placed, then find the option "Bet insurance" and click to insure the bet.
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