FanDuel Risk Free Bet Up To $500 Is Worth Your Attention

FanDuel Risk Free Bet Up To $500 Is Worth Your Attention

FanDuel online sportsbook bonus

Last week, FanDuel became the newest online sportsbook in Pennsylvania when they opened up their services to sports bettors across the state. And with the opening of the FanDuel online sportsbook, they gave PA sports bettors the opportunity to earn up to $500 with little risk. We’re talking about the FanDuel Online Sportsbook Risk-Free Bet and it’s worth a look to anybody hoping to get some extra value when trying out an online sportsbook in PA.

Since opening in May, PA online sportsbooks are stepping up to the plate to offer some impressive bonuses to new players. The PlaySugarHouse bonus in PA set the tone early on by garnering attention for their $250 bonus with just a one-time play-through requirement.

The PA FanDuel online sportsbook is equally impressive, even though it is earned in a different way compared to the bonus from the PA PlaySugarHouse online sportsbook. The FanDuel risk-free bet is effectively insurance on your first bet.

Betting risk-free at FanDuel online sportsbook

Although the FanDuel online sportsbook bonus is not a first deposit bonus, the FanDuel PA online sportsbook offers one of the biggest opportunities to double your initial deposit.

Before we explain how the bonus works, let’s clarify one thing — the so-called FanDuel Risk-Free Bet is not entirely risk-free, but it’s about as close as you will get to being risk-free.

When funding your account, make sure to think about how much you want to wager on your first bet. This is important because the FanDuel Risk-Free bet is dependent upon the size of your first deposit. If you try out the FanDuel online sportsbook with a small bet of $10, you will not get near the full potential of the bonus.

So while we don’t want to outright say make a $500 bet as your first bet, it is the best way to maximize your chance of earning another $500.

After placing your first bet, the outcome will be dependent upon whether the bet wins or not. If betting on a favorite, the line can not be anymore than -200 to be considered an eligible wager. For example, if the line is -300 it will not count towards the first Risk-Free bet.

If the bet wins, that’s great, FanDuel will pay your bet based on the odds of what you wagered on. Your Risk-Freeill be credited but your Risk Free Bet will be removed because you won.

However, should you lose your bet, FanDuel will credit your first bet back to your account in the form of site credits. You will again to need to put those site credits to use before withdrawing, which does provide some risk. However, because you can make smaller bets, you can lower your variance and even come out ahead if you were to a win a majority of your bets.

Obviously, the best outcome here is for your bet to win and to collect the winnings. But if your bet doesn’t come through, FanDuel will have your back and give you a way to effectively earn it back.

Some other terms to consider

There are a couple of additional requirements to be aware of for those that lose their first bet.

If you lose your initial wager, the promotional bonus will be credited to your account within 72 hours of the losing bet.

One thing to be careful of if you lose is that you will only be given seven days to meet the terms of the bonus requirement. Don’t forget about this requirement as it is can be an easy way to lose all your value instantly.

Sounds good? For more information on the FanDuel online sportsbook bonus, make sure to check out the FanDuel PA online sportsbook review.