FanDuel Promo Offers Review 2020: Get $500 Risk-Free Bet

Get information and access to the best offers with FanDuel sportsbook promo offers, which can be used until 2020.

Verified
Claim Fanduel Sportsbook promo offer ACTIVATED
Bonus & Offers details
Up to $500 risk-free sports bet
Expires on: 31-12-2020
Last check: 2 days ago

FanDuel Sportsbook Promo Offers 2020

FanDuel’s sports betting section is a great destination for signing up and placing wagers on sports events that take place around the world. In the United States, the sportsbook from FanDuel operates in five different states – Colorado, Indiana, Pennsylvania, New Jersey, and West Virginia.

Step 1: Go to the FanDuel Sportsbook Using the Link Above

The availability of FanDuel in different states makes it very important for users to choose the right version. After having identified the platform that they want to sign up, users can hit the above link so that they are taken to the version in question. The users will immediately be directed to information about the welcome offer along with an opportunity to open an account. The link also manages to make life a lot easier by providing the direct to start an account.

A user who visits the FanDuel page with this link will be able to get information about the welcome offer, which stands at a whopping $500 in risk-free bets. This offer is available only for new customers, who can gain a lot of advantage. For example, a bettor makes a deposit of $100 and uses the same to wager on a sporting event. If the bet manages to come out successful, users will take on the wins and they will not receive any bonus. If the bet loses, users will get a free bet that is worth the same as their first bet.

Step 2: Options and Steps for Opening Account with FanDuel sportsbook

FanDuel is a sought-after platform for betting on different sports. The process of opening an account with this sportsbook is much easier than anticipated. A user will initiate the registration process by choosing the ‘join’ symbol at the top right corner. Once an interest in sports has been chosen, the option to choose between the different states where FanDuel operates is presented. After choosing the New Jersey version, users have to go through an extensive registration process. The first stage is about users coming up with information about their name, date of birth, username, email, and password. At this juncture, users can also pick two security questions that can be used to protect the account from being locked out in case of the registration details being lost.

The user then proceeds to updating the contact information. Once these details are entered, users can opt for the various promotional offers and then use a code for the promotion offers.

Step 3: Banking Options Supported for Depositing and Receiving the Offer

It is necessary for a sportsbook to have a wide range of deposit options so that users do not face any problems when trying to put funds into the betting account. FanDuel NJ is excellent in this regard with multiple banking options being supported by the platform. It is quite a common feature to witness support for credit cards and online bank transfer, but FanDuel also makes available e-wallets like PayPal and ACH. The deposit limits are dependent on the platform used, but a minimum deposit of $10 is applicable. Furthermore, the user is restricted from making use of third-party accounts to make the payment.

Once the payment has been made, users will automatically qualify for the promotional offer where they can pick up a free bet with up to $500 if the first bet loses. The platform will refund the loss of the first bet up to this $500.

Step 4: Place your first bet to qualify for the promo offer

Fanduel Sportsbook betting options

The bonus for a player is offered only after meeting qualification requirements. In case of FanDuel, new customers have to be at least 21 years of age before they can open an account. This also happens to be one of the key requirements for receiving bonuses. The user must also be physically present within the state of New Jersey when they claim the promotional offer. An employee or someone associated with FanDuel are not allowed to pick up this offer. The new customer offer can also be opted out against other promotional offers like the Double Your First Deposit. If that is the case, only one of the offer can be claimed.

The participants for the new customer offer will have to agree to the different terms and conditions. The real money wager has to be placed on any sporting event within the sportsbook to qualify for the bonus. The user is limited to just one wager for eligibility. If the bet has been placed outside the expiry period, it will not count as an eligible wager. Crucially, if a wager has been settled through a Cash Out, it will not count towards eligibility.

Step 5: Updates about the Different Bonuses Received

The bonus payout is based on the size of the first bet that has ended in a defeat for the new customer. The maximum insurance caps out at $500. If a player makes a $100 first deposit that ends in a defeat, they can receive the $100 free bet within 72 hours after the bet is settled. Since it is not immediately available in a user’s account, it is important to be kept updated about the bonus situation. The updates can come in the form of messages or emails. Even when a player logs into the account, they will be able to get information about the availability of bonuses. It is important to note that a player will not receive any bonuses if their first bet ends up as a win.

During the signup process, the user can opt for promotional emails that will inform users about any of the latest offers that reach the platform. Since many of the bonuses for current players will have a short expiry time that usually lasts for a week after they go live, it is imperative that players take advantage as soon as possible. The notifications and updates regarding the bonuses can help in this regard.

Step 6: Making Bonus Withdrawable by Meeting Wagering Requirements

Fanduel Sportsbook mobile apps

It is very common for new customer bonuses to come with a wagering requirement that has to be met for being able to withdraw the funds. There are moderate wagering requirements that come with the new customer offer. After it has been credited into the account within a 72 hour period, users are required to wager the same at least once before it can be converted into cash that can be withdrawn. If a player receives $100 back as site credits following the loss of their first bet of $100 in value, they should wager the $100 received as a bonus at least once. Any wins that have been generated from the resulting wager will be added to the withdrawable funds. Until then, there are restrictions on the bonus.

Step 7: Choices to Consider after New Customer Offer

Once a user has picked up the bonus, they are ready to explore the different facets of FanDuel. In some states, the brand also operates with a daily fantasy sports section and a casino section. However, the bettors would be more than satisfied with the sportsbook, which is huge in terms of options that it provides. For starters, the pre-money game lines and futures options are some of the best in the business. A bettor will be able to receive a string of offers well ahead in advance. Even though the prices offered by the platform are not outstanding, the range of betting options do compensate to a great degree.

The platform does not provide live streaming services, but there is a strong in-play betting option where users are able to bet on games that are in progress. The scores and other statistics are updated swiftly for bettors to make their choices and place wagers. It is extremely crucial that speed and accuracy of data is available along with dynamic odds that are reflected on the platform quickly. This is to ensure a high quality of live betting experience and FanDuel has it in abundance.

Existing Customers and their Numerous Bonus Offers

FanDuel is big when it comes to promotional offers that are available throughout the year. Each offer has different terms, rewards, and associated conditions. It is very common to witness generic promotional offers like odds boost, where certain markets are provided with the price boost. The deposit bonuses are very common in the world of sportsbooks, but FanDuel specialises in providing price boosts, insurance, and refund offers. A loyalty program is also available on the daily fantasy sports section, but it is yet to be available for the sportsbook. Players can even pick up bonuses without placing a wager, as referral programs are also available on the platform. A player will be able to pick up $10 in bonus when they make a valid referral, which has to meet certain conditions.

FanDuel Sportsbook’s New Customer Offer Verdict

The new customer offer from FanDuel is quite brilliant, as it comes with a generous insurance policy that will refund a first bet made on the platform if it loses. This gives a lot of confidence to new customers who can take that extra bit of risk knowing that their wager is safe for up to $500. Yet, this is not the only bonus provided by the platform, which specialises in offering multiple wagering opportunities on different sports. The availability of different payment options makes it easy to add or withdraw funds from the account. This can be quite a bonus for bettors as they place wagers. The star of the FanDuel sportsbook section is undoubtedly the welcome offer.

FAQs about FanDuel Sportsbook and Bonus Offers

In what states does FanDuel operate with a legal status?

FanDuel has a presence in five states where sports betting platform is offered. They are New Jersey, West Virginia, Pennsylvania, Colorado, and Indiana.

Is a minimum deposit required for the new customer offer?

Yes, a deposit of $10 is the very least required for activating the new customer offer. The user will be able to claim an insurance for up to $500.

What are the safety measures taken up by the platform?

Due to the customer information, which includes personal and financial, being shared with on the platform, FanDuel has a strict safety regiment that includes SSL encryption. The brand is also owned by a company with deep pockets.

Does the platform require residency status?

No, FanDuel does not require a residency status from the five states where it offers a sportsbook. Instead, it only has a location restriction in these five states.

Is it possible to cancel a bet?

It is not possible to cancel a bet once it has been placed on the platform.

Does Fanduel have an online casino product?

Unfortunately not. We recommend instead taking a look at Parx Casino promo codes, or Mohegan Sun Casino bonus codes, depending on your state of residence.

What bet types are eligible for Cash Out?

Cash Out is a feature that is available only at the discretion of FanDuel. The availability of this feature on a specific bet type is notified with a special symbol. The Cash Out feature is also available only when the player is accessing the bet from the state where they placed a bet.

Can Cash Out option be reversed?

No, Cash Out is a final option that cannot be reversed. The feature can also be suspended due to odds changes and market suspensions.

Can users change the format of odds?

FanDuel does not provide the option of changing odds format which is displayed only in the American format. Users must make use of free tools available on the Internet to convert American odds to European or decimal odds.

Can users set a timeout or limit?

FanDuel provides a different sort of limits for the benefit of users. A timeout can be taken from the account access for anywhere between three days to one year. The different limit options available are time, wager, and deposit.