Start off your LV BET experience with a fantastic 100% Cashback Welcome Offer.

Simply make your first deposit of at least €10 and place your first bet on your favourite sport event.

Your first bet can be a single or a combi bet, with maximum total odds of 7.00 to qualify. 

If your first bet is a qualifying wager, and it is lost, don’t worry! We will refund your stake up to €40 on the following day by 17:00*. 
Win or lose you’ll still come out on top!

*Cashback crediting which falls on a weekend will be moved on to the next working day.


  1. Register and make your first deposit of at least €10 in the sports betting product.
  2. Place your first single or combi bet with maximum total odds of 7.00.
  3. If your bet is lost, you will receive a return up to €40. If your first bet is won, you will receive your winnings.

This offer only applies to the first placed bet which must be a qualifying wager and must be settled.


Terms and Conditions

  1. This is an ongoing promotion which is valid until further notice. Whilst it has no end date, it is available for new players who have registered at LV BET after 17.11.2020 and is only valid for their first sports bet.
  2. This promotion is valid only for players residing in Latvia.
  3. The minimum required age of the customer for this offer is 18.
  4. To be eligible for the Welcome Cashback, the player's first bet must be a qualifying wager, made after a first deposit of at least €10 in the sports betting product.
  5. The qualifying bet must be a single or combi bet with maximum total odds of 7.00.
  6. The qualifying bet must be settled as lost before the cashback is credited to eligible players.
  7. The maximum refund is €40.
  8. Cashbacks will be credited to players' accounts on the following first working day by 17:00 after the qualifying bet has been settled.
  9. Crediting may be delayed for up to 48 hours, in the unlikely event of downtime due to technical issues.
  10. Bets on Virtual Sports or bets with used Cash Out option do not qualify for this offer.
  11. Bets placed on different selections within the same market or bets placed on equivalent markets (eg. Double Chance and (Asian) Handicap bets +1/-1) do not qualify for this offer. If such bets are placed, LV BET reserves the right to close relevant accounts and confiscate existing funds.


  1. LV BET offers Promotions in good faith to players who use our services for entertainment purposes. The client upholds not to abuse the ability of opening accounts in order to benefit from promotional offers that LV BET may offer. LV BET has a zero-tolerance policy towards bonus abuse, fraud, taking unfair advantage of the service and/or other suspicious activity, and reserves the right to block and remove bonuses as well as any associated winnings from accounts deemed suspect of being involved in such activities or behaviours. (Links with access to promotions will be restricted or removed from such accounts) Note that in such circumstances, LV BET shall be under no obligation to refund any funds that may be on the standing balance, other than the originally deposited amounts.
  2. ‘Promotion Abuse’ is defined as, but is not limited to, any one of the following types of activity:
    • The use of VPN, proxy or other services and techniques, for the purposes of deliberately obscuring, hiding or changing IP addresses in order to fraudulently take advantage of promotional offers;
    • Whether known or unknown to us, taking advantage of any software or system bug, loophole, fault, error, or failure including, but not limited to, in respect to any game provided;
    • Using multiple accounts to claim a bonus or any other promotional offer more than once;
    • Working in a syndicate with other players to abuse promotions, deliberately cheat or other exploitative behaviour;
    • Placing a series of contradictory bets placed by a customer or group of customers within the same game/betting market with the final goal of achieving profits regardless the final outcomes of the bets placed, or any other type of abusive behaviour;
    • Placing equal, zero or low margin bets,
    • Moving from large bets that are placed on high variance outcomes, and after a large win switching to normal variance outcomes with smaller bets with the purpose of clear wagering requirements.
    • Promotions can be claimed once per person, household, family, residential address, email address, payment method, IP address, device or shared computer environment (please note that if you are using a shared computer, such as in the workplace, public library or Internet cafe, only one use per computer and/or IP address will be eligible to receive the bonus, prize, cashback etc). Winnings will be paid out in such cases where LV BET decides that one or more bonuses were claimed as a result of genuine error or connectivity issue that seems incidental and is not being considered as fraudulent.
  3. If you are currently self-excluded, or you become so from LV BET during a Promotion period, you will not be eligible to participate and receive any bonuses and/or prizes during the time you have self-excluded.
  4. LV BET reserves the right to change the above-mentioned terms and conditions, and/or to discontinue or withdraw any Promotion, due to unforeseen circumstances (e.g. force majeure, connectivity issues, changes in the law). LV BET will strive to give as advanced prior notice as possible to players in such events. If you find any addendum unacceptable, you should cease using the site, participating in the Promotion and/or close your account. Continuation of use after the date on which the changes to the terms come into effect will be deemed as acceptance of the updated terms.
  5. All promotions are limited-time offers and the terms and conditions associated with any bonus rewards are subject to change.
  6. By default, times mentioned in LV BET Promotions are set in Eastern European Time (GMT +3).
  7. LV BET reserves the right to make amendments to any Promotion at any time to correct obvious errors, misprints, typographical and visual errors or to improve offer understanding.
  8. LV BET’s management reserves the right to remove or change any Promotion, deny or limit bonuses and offers to any clients in circumstances that include, but are not limited to problem gambling, Promotion and Bonus Abuse and any other technical exploitation of the system.
  9. LV BET reserves the right to disqualify any player from any Promotion if evidence of abuse or fraud is found. Should you find LV BET’s decision unsatisfactory, you may follow the LV BET's complaint procedure or seek an alternate dispute arbitration, whose decision will be deemed final.
  10. General Terms & Conditions apply.

These Terms & Conditions may be published in a number of languages for information purposes and ease of access by players. In case of any discrepancy between a non-Latvian version and the Latvian version of these Terms & Conditions, the Latvian version shall prevail.