By Frank Ammirante
Sep 15, 2021
FanDuel is similar to other sportsbooks in that it offers welcome bonuses to its new customers. They provide users with a risk-free bet up to $1,000 in the form of bet credits. This gives users an opportunity to test out the sportsbook.
Sports betting can be difficult, so it’s important to take any bonuses that are provided from your preferred sportsbook. Always keep an eye out for welcome bonuses or promotions because they put you in a better position to succeed.
FanDuel Promo Code
You do not need a FanDuel promo code. All you need to do is click the “Get Bonus” button, which will trigger the welcome offer of $1,000 in risk-free bets for new customers.
FanDuel Sportsbook
Intuitive App
Single Game Parlay Option (SGP)
Timely Promotions & Odds Boosts
Get Up To $1,000 FREE
Risk-Free Bonus
Bank Transfer
- Read Review
This offer is available to each state where FanDuel is operational, including:
- New Jersey
- Michigan
- Pennsylvania
- Colorado
- Indiana
- Iowa
- Tennessee
- Virginia
- Illinois
- Mississippi
- West Virginia
- Arizona
FanDuel Sign Up Bonus
FanDuel offers a risk-free bet up to $1,000 in bet credits as a sign-up bonus to new users. All you need to do is click the “Get Bonus” button on this page and you’ll be able to take advantage of this offer.
FanDuel No-Deposit Bonus
FanDuel is not currently offering a no-deposit bonus to new users at this time.
FanDuel Deposit Bonus
FanDuel does not provide a deposit bonus to its new users, but the risk-free bet provides the same benefits as a deposit bonus.
FanDuel Risk-Free Bet
FanDuel offers a risk-free bet up to $1,000 in bet credits to new customers. Your first bet after depositing funds in your account will be used as your risk-free bet.
If you choose multiple wagers on your bet slip, the risk-free bet will be the first wager on the slip. This promotion began on August 31, 2020 and will end on December 31, 2021.
If your risk-free bet loses, FanDuel will reimburse your wager with the same amount, up to a maximum of $1,000. For example, if you bet $200 and lost, FanDuel will provide you with $200 in credits. If your eligible wager wins, you will not be reimbursed any funds.
Additionally, if you choose to cash out on your eligible wager before it settles, you will not receive any funds. The bet credits are processed into your account within approximately 72 hours. They must be used within 14 days or they will be withdrawn from your account.
FanDuel Sportsbook
Intuitive App
Single Game Parlay Option (SGP)
Timely Promotions & Odds Boosts
Get Up To $1,000 FREE
Risk-Free Bonus
Bank Transfer
- Read Review
Benefits of the FanDuel Bonus
There are several benefits to the FanDuel Bonus, such as:
- Users will be reimbursed funds if their first bet loses
- Users can take more of a financial risk on this risk-free bet by wagering a larger amount than usual, since they’ll be compensated in bet credits even if it loses
- The bet credits allow users to check out the promotions and everything else the sportsbook has to offer
- There are no restrictions on the odds or sport that is deemed as a risk-free bet, it just needs to be a straight bet
The Best Way to Use the FanDuel Promo
The best way to use the FanDuel promo is to use more money on a wager than usual because it’s risk-free. It’s essentially a win-win situation for you as a bettor. If you win the bet, that’s great, you’ll have those funds in your account. If you lose, it’s not a big deal because you’ll be reimbursed the exact amount in bet credits.
It doesn’t make sense to only use $10 on a risk-free bet because you’re limiting the true benefits of this promotion. If you normally bet $10 per play, I’d consider betting your maximum on your risk-free bet because you really have nothing to lose here.
I’d also consider putting this larger wager on an underdog since they’ll have plus moneyline odds, which can give you more winnings than the amount that you risked. This is your one opportunity to make a bet without worrying about losing. Take advantage of this and shoot for the moon!
If you end up losing your bet, I would consider spreading the bet credits around on longshot parlays to try to maximize your upside and earnings. Let’s say that you lost $100 on your risk-free bet. I’d use $5-10 each on 3- to 4-game parlays to try to make the most of my wager.
FanDuel Free Bets vs No-Deposit Bonus
Free bets are provided to users in bet credits in the form of a risk-free bet for FanDuel. This might be done with a welcome bonus, where users have their first deposits matched up to a certain amount by the sportsbook. It can also be given with a risk-free bet, like on FanDuel.
No-deposit bonuses are signup offers where users are provided bet credits just for creating an account on the sportsbook. It does not matter how much the user deposits into their account.
Free bets are good because users are provided bet credits to familiarize themselves with the sportsbook. No-deposit bonuses are good because users don’t need to deposit any funds. They can use the no-deposit bonus as a trial run without taking on any financial risk.
FanDuel offers a free bet but does not provide a no-deposit bonus.
How to Redeem the FanDuel Bonus Code
- Click the “Get Bonus” button here or go to FanDuel Sportsbook and click “Promotions”
- Click “Join Now” and FanDuel will give you a Risk-free Bet up to $1,000
- Sign up for your FanDuel account
- Take advantage of this useful promotion!
Do FanDuel Promos Expire?
Promo codes have an expiration date, which means that users need to take advantage of the promotion before it expires. Any wager made after the expiration date is ineligible for the promotion. The risk-free bet promotion expires on December 31, 2021.
What Are Wagering Requirements?
Wagering requirements are how many times a customer needs to use their bet credits before they are able to withdraw these funds from their account. The risk-free bet credits are non-withdrawable on FanDuel, so make sure to use them within 14 days to take advantage of this promotion.
Is there a Way to Track Your Bonus Progress?
Users can track their progress by clicking on their username and checking their balance. FanDuel will provide information on which funds are withdrawable and which are bet credits.
When Will I Receive My FanDuel Bonus Credits?
Users will receive their FanDuel bonus credits within 72 hours of their risk-free bet.
FanDuel Promotions
FanDuel has various promotions for different sports that are available at different times of the year. Let’s take a look at a few of them below.
FanDuel NFL Promotions
FanDuel offers promotions during the NFL season such as enhanced odds that are worth checking out.
FanDuel NBA Promotions
Users don’t have any NBA-centric promotions right now because the NBA is currently in its offseason. Check back once the season begins to take advantage of any promotions provided by FanDuel.
FanDuel MLB Promotions
FanDuel typically runs several promotions during the MLB season, including longshot same game parlays and home run bonuses.
FanDuel NHL Promotions
There are currently no promotions available for the NHL right now. Check back when the season begins.
FanDuel Sports Promotions
FanDuel often runs promotions on other sports as well such as boxing, so be sure to check the site ahead of major sporting events.
State Specific Bonuses
There are no state-specific bonuses at FanDuel as it is the same bonus across the states FanDuel Sportsbook is active in:
- New Jersey
- Indiana
- Illinois
- Michigan
- Pennsylvania
- Colorado
- Mississippi (retail only)
- West Virginia
- Iowa
- Virginia
- Tennessee (online only)
- Arizona
FanDuel Sportsbook
Intuitive App
Single Game Parlay Option (SGP)
Timely Promotions & Odds Boosts
Get Up To $1,000 FREE
Risk-Free Bonus
Bank Transfer
- Read Review
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