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Jackpot.bet Penalty Heartbreak Insurance: Losing on Penalties Doesn't Have to Hurt

by Tyler Morgan,June 29, 2026
4 min read
Key Takeaways
  1. Available on FIFA World Cup Knockout Stage matches only, Round of 32 onward, must be placed before kickoff
  2. Single bets on match winner or to advance/qualify markets only, futures, outright markets, multis, parlays, and prop bets do not qualify
  3. If your team loses via penalty shootout and your qualifying bet lost, receive a free bet equal to your stake, up to $50, credited within 48 hours
  4. Bets that won or pushed (e.g. a 90-minute draw bet) are not eligible even if the team exits on penalties
  5. One payout per customer per knockout round, Round of 32, Round of 16, Quarter-finals, Semi-finals, Third-place match, and Final each count separately
  6. Cashed-out, void, cancelled, refunded, partially settled, and live wagers do not qualify
  7. Free bet is valid for 7 days from issue, must be placed at minimum odds of 1.30, is not eligible for live games, and the stake is not returned with winnings
  8. A single bet can qualify for one World Cup promotion only, where a bet qualifies for more than one, the higher bonus applies
  9. Promotion runs June 28, 2026 - July 19, 2026

Penalty shootouts are brutal. Back your team in any FIFA World Cup Knockout Stage match at Jackpot.bet with a $25+ wager, and if they go out on penalties, you'll get a free bet equal to your stake back, up to $50.

How Penalty Heartbreak Insurance Works

It's simple, bet on your team, and if the worst happens, we've got you covered.

  1. Place a single qualifying $25+ wager on team to win or advance in any World Cup Knockout Stage match before kickoff at minimum odds of 1.50 (-200)

  2. If your selected team loses the match via penalty shootout, you receive a free bet equal to your qualifying stake

  3. Maximum free bet awarded is $50

  4. Free bet is credited within 48 hours of the match being settled

  5. Free bet is valid for 7 days from issue

Example

You bet $40 on France in a Knockout Stage match. France loses on penalties. A $40 free bet is credited to your account; your original wager is covered regardless of how the match played out before the shootout.

What Makes a Bet Eligible

  • Minimum stake of $25 on any eligible World Cup Knockout Stage match

  • Single bets on match winner or to advance/qualify markets only, futures and outright markets (e.g. to win the tournament, to reach the final), multis/parlays, and prop bets do not qualify

  • Must be placed prior to kickoff

  • One Penalty Heartbreak Insurance payout per customer per knockout round (Round of 32, Round of 16, Quarter-finals, Semi-finals, Third-place match, and Final each count as one round)

  • Cashed-out, void, cancelled, refunded, or partially settled wagers do not qualify

  • Live wagers do not qualify

Key Terms

  • Promotion runs June 28, 2026 – July 19, 2026 (all Knockout Stage matches, Round of 32 onward, all times EST

  • Available to verified customers in good standing

  • Applies only when your selected team loses via penalty shootout, standard losses and draws going to extra time do not qualify, and the qualifying bet itself must have lost (bets that won or pushed, such as a 90-minute draw bet, are not eligible)

  • Free bet is not eligible for live games and carries no cash value, must be placed at minimum odds of 1.30, and the free bet stake is not returned with winnings

  • Multi-accounting, bonus abuse, or irregular activity may result in disqualification

  • A single bet can qualify for one World Cup promotion only, if a bet qualifies for more than one, the higher bonus applies

  • The operator reserves the right to modify or cancel the promotion at any time

Full T&Cs

Bet on the World Cup at Jackpot.bet

Key Takeaways
  1. Available on FIFA World Cup Knockout Stage matches only, Round of 32 onward, must be placed before kickoff
  2. Single bets on match winner or to advance/qualify markets only, futures, outright markets, multis, parlays, and prop bets do not qualify
  3. If your team loses via penalty shootout and your qualifying bet lost, receive a free bet equal to your stake, up to $50, credited within 48 hours
  4. Bets that won or pushed (e.g. a 90-minute draw bet) are not eligible even if the team exits on penalties
  5. One payout per customer per knockout round, Round of 32, Round of 16, Quarter-finals, Semi-finals, Third-place match, and Final each count separately
  6. Cashed-out, void, cancelled, refunded, partially settled, and live wagers do not qualify
  7. Free bet is valid for 7 days from issue, must be placed at minimum odds of 1.30, is not eligible for live games, and the stake is not returned with winnings
  8. A single bet can qualify for one World Cup promotion only, where a bet qualifies for more than one, the higher bonus applies
  9. Promotion runs June 28, 2026 - July 19, 2026