Nothing says “welcome back” like a freebie.
On a couple of fronts, FanDuel celebrated the return of MLB, the NBA, preseason NFL football and the looming NFL betting season by spreading some financial love throughout its base.
FanDuel decided to mark the occasion by offering a risk-free bet to all users on FanDuel Sportsbook and the FanDuel fantasy sports app.
All customers (existing ones included) will get a day of risk-free betting up to $100. In addition to that, all FanDuel users, whether on the daily fantasy or sports betting side, got a $10 site credit to celebrate the return of sports.
FanDuel celebrates the return of sports
Whether a customer signed up today or in 2015, more than $80 million in free bets was distributed to FanDuel customers to use for daily fantasy contests and legal sports bets.
“We are excited for the return of sports and wanted to give all of our customers a chance to get in on the action for free,” said Mike Raffensperger, CMO of FanDuel Group.
“Putting more than $80 million in site credits into our customers’ accounts to enter DFS contests or to make legal sports bets is a thank-you to our customers for their loyalty during this long stretch without the NBA, NHL and MLB.”
FanDuel giveaway includes $10 free to everyone
The $10 free bet appeared as an account balance update from FanDuel on Tuesday morning:
“This is a notification to let you know that you have an active account on FanDuel, and your account balance has increased by $10 in site credit.
“These funds are due to expire by Sunday, August 2.”
About 10 days to use $10? How about 10 minutes?
The New York Yankees got odds-boosted to +270 if they win their season opener against the Washington Nationals on Thursday and the game exceeds eight runs.
Maybe that bet was going to be made, maybe it would not have been. Max bet is $50. They just gave me $10. Boom, done.
It’s a freebie, one of the loyalty-building mechanisms employed by NJ online sportsbooks.
And there’s more.
Risk-free for all at FanDuel
Here’s the other side of the FanDuel giveaway: $100 in risk-free bets.
Now that sports are back, just place a bet between July 22-Aug. 2 and begin your day of risk-free betting.
Here’s how the other part of the FanDuel giveaway works:
Start by placing a bet between now and Aug. 2. Once your first bet is placed, your day of risk-free betting begins.
Up to $100 will be refunded for net losses during this time frame. And all bets must be placed and settled by 3 a.m. ET the following day to be eligible.
Customers who start their betting before July 23 will be granted an extended period until July 24 at 3 a.m. So, for example, if you trigger the offer on July 22, you get longer than one day.
Customers who start their betting on July 24 will have until 3 a.m. July 25. And customers who start their betting on July 25 will have until 3 a.m. on July 26, and so on.
Any lost bets (up to $100) accrued during that time will be refunded within 24-48 hours of being settled.
Of course, you can’t get this $100 risk-free day of betting more than once. Once you bet, your day is triggered, and that’s it.
So really, it’s quite simple: place a bet, get $100 in risk-free bets for a day.
Welcome back, sports. We missed you.