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FanDuel Risk Free Bet 2023

Publish Date: 02/09/2022
Fact checked by: Mark Lewis

FanDuel Free Bet Promo Code

FanDuel is regarded as one of the top sportsbooks around in the US right now. What’s more, is there’s a Fanduel risk-free bet up for grabs too!

This page will tell you all you need to know about how to take advantage of this great offer!

Risk-Free Bet
FanDuel Risk Free Bet 2023
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What do you get – how does Fanduel risk free bet work

The Fanduel free bet on offer is pretty straightforward to follow, like the BetMGM free bet bonus is too. It also has a maximum refund of $1000! If your first bet loses, you will receive a Fanduel risk free bet! You’ll first need to deposit and place your wager, if the bet wins, then happy days you’re a winner! If the bet loses, you get another bite of the cherry with the Fanduel risk free bet award.


Although this Fanduel sportsbook risk free bet is relatively straightforward, we do recommend to our readers that you have a deep think about the stakes you wish to play with before depositing and placing your first bet.

We recommend planning for all betting operator offers whether it is Fanduel, or the Unibet deposit bonus on offer. You see, if you make a mistake and place your first bet of $50 you will only be awarded a $50 Fanduel risk free bet if it loses. There are no second chances! So have a good think and please gamble responsibly!

Touching down to Fanduel sportsbook

When you first reach the Fanduel website, you should look for any “opt in” buttons you may see, and follow the instructions. We recommend sparing some time when claiming high value welcome offers, to avoid mistakes. You will need to specify which state you are residing in too.

Fanduel risk free bet

When making your first deposit and then carefully selecting your first bet, please bear in mind that if this bet loses, then you will receive a free bet to the same value. For example, you follow the procedure stated above and choose to bet $1000 on the Baltimore Ravens at odds of +100. In the event that the Baltimore Ravens lose their match, then you have the peace of mind that you will receive a Fanduel risk free bet of $1000 dropping its way into your account.

Fanduel quote on their website that this free bet is credited between 24-72 hours after the event that you bet on has ended. With that in mind,  if you have not received your Fanduel risk free bet within these time periods, then do not hesitate to speak to the helpful Fanduel customer service members who will then look into this for you!

What can you use the Fanduel free bet bonus on?

Your Fanduel risk free bet will never be lonely when it comes to sports to choose when looking to use your free bet! Fanduel sportsbook features all major sports found in the US. These sports include Super Bowl, college football, NBA, MLB, soccer, golf, boxing, NASCAR, and more.

Plenty of markets on the Fanduel sportsbook

Fanduel not only offers a wide array of sports to bet on, but the market depth within the sports are quite impressive too! There’s no shortage of finding specific bets when using Fanduel sportsbook.

We recommend being cautious when first entering into this Fanduel risk free bet and considering if it is worth enjoying the full risk free bet value of $1000. You might want to consider a strategy when placing your first bet? Is it worth betting on something at larger odds than normal? If the bet loses, you will then be credited with the risk free bet. Is it worth chancing the risk free bet on something at higher odds, or playing safe at lower odds?

Think before placing your first qualifying bet!

Whatever approach you choose to take, it is great insurance to have two chances to win from one bet! There are so many betting deals new customers can claim. We recommend having a browse through their sportsbook to check if there are any specific markets you prefer to bet in. You can then  plan your risk free bet well, if you are unfortunate enough to win from your first bet. If your first bet wins, then happy days, you’ve hit the ground running!

What important Fanduel risk free bet terms do you need to consider?

Before signing up to the sportsbook, for example, would it be wise to consider if you would prefer to use their welcome bonus on the casino?  We mention this now, because a new customer is only entitled to one welcome bonus!

A new player would not be entitled to enjoy the Fanduel risk free bet, then use the FanDuel casino welcome bonus too, so have a good think before depositing and entering into offers. Also, bear in mind there are many betting operators offering similar bonuses, such as the William Hill free bet offer, so it would be wise to plan ahead.

Welcome bonus restrictions

Another thing new players need to be mindful of when online gambling in the USA, is there are certain restrictions when it comes to welcome offers and bonuses.

Bookmakers generally are at a loss when they offer new customers welcome bonuses. This is because the value of these free bets and bonuses exceed the value that the new customer deposits. The reason bookmakers almost “give away” this money, in terms of value to the customer, is to entice their new custom, hoping that the player will continue to bet with on their website long-term.

The online bookmaker will then recoup the losses from the original welcome offer as time progresses.

Considering these factors, bookmakers have had to apply certain restrictions to offering these welcome bonuses. If they let every person in one household, or one person open several accounts in their own name, the bookmaker would be at a great loss. Therefore, online bookmakers apply restrictions such as one welcome bonus per customer, household, email,  and IP address, to prevent widescale abuse.

Keep a note of what operators you’re signed up with!

Please be mindful of this before entering into offers. Some new players can inadvertently attempt to enter into a welcome bonus they have already claimed some time before that. The consequence is usually detection before the new account is created, or simply the welcome bonus is not granted after the qualifying bet has been placed. So make note to avoid this as it can easily be done, especially when enjoying several welcome offers within a short time!

FanDuel risk free bet restrictions – know before you bet

Do not forget to opt in!

So, you’ve realized the Fanduel risk free bet offer is too good to resist, and you’ve decided to follow the links on this page to enter into your Fanduel free bet offer. It is vital you click the “opt in” button when reaching the Fanduel site – the button is very clearly displayed. We recommend taking your time when claiming initial free bet offers with a large value. Also, follow any instructions for a Fanduel risk free bet promo code that may appear too.

Use it or lose it – expiry dates on the free bet!

We recommend journaling your free bets and welcome bonuses to keep track of everything. This can avoid forgetting free bet expiry dates and also prompt you that you have had a free bet credited or due to be credited from a bookmaker. It is good practice to document everything and it will save the misery of losing out on expired free bets. If you do not use your Fanduel risk free bet within 14 days it will be lost!

State-to-state travel cautions

By now you’re no doubt well-aware of the recent state-by-state legislation that has been passed over the past couple of years, to enable legalization of online gambling in the USA. It’ll be no surprise that each state can have different rules for their sportsbooks. Therefore, you may not be entitled to playthrough your welcome bonus in Delaware if you opened your account while residing in New Jersey. It is best to plan these things if you are considering traveling while using your welcome bonus.

When will I receive my free bet?

You will usually have your Fanduel risk free bet credited to your account within 24 to 72 hours. We would like to think it is closer to the 24 hour window, however, one piece of advice would be, if you have not received your Fanduel risk free bet by 72 hours, then please contact their customer support team, who will be happy to help!

Cash out bets do not count!

Please be cautious of cashing-out any bets that are attached to welcome bonuses. This usually applies to most online sportsbook offers. Anything that requires a qualifying bet to obtain a free bet, will usually have this stipulation attached to it! If the first bet you place at Fanduel is the qualifying bet for your Fanduel free bet, and you cash out before it is settled, then you will not receive the Fanduel risk free bet.

Check out FanDuel other bonuses in 2023

The good thing about entering into large welcome bonus offers with great companies like Fanduel, is that good betting operators also offer ongoing offers too! Yes, there is another slice of pie (or two) to appreciate after enjoying the welcome risk-free bet offer!

Where to find the ongoing offers

Regular ongoing offers are indeed the sign of a sportsbook that is worth using on a regular basis. Most of the promotions mentioned below, can be found in the “promotions” tab on the Fanduel website, situated at the top navigation bar. On a mobile this may be displayed as “promos”.

Fanduel Odds Boosts

Fanduel offers regular odds boosts. We recently found odds boosted from +450 to +800 and -120 to +110. While these boosted margins may not seem as generous as some operators’ boosts, one thing to be aware of is that Fanduel odds are generally regarded as good.

Same game parlay

Fanduel offers a unique market called “same game parlay”, which is a great feature if that interests you. They have recently been offering $10 risk free bets for these weekly. Please always check if offers are valid.

UFC parlay insurance

Faduel regularly offers insurances such as “Place a 4+ Leg parlay wager with cash on the latest UFC event”. If this interests you, check if it is still valid.

Refer-a-friend $100!

If you’re enjoying Fanduel, then why not tell a friend too! Invite your friends using your exclusive referral link and Earn $$$!

FanDuel risk free bet FAQ

❓What is the Fanduel risk free bet?

Although this generous welcome offer is quite straightforward, we recommend reading our guide at  TheGruelingTruth to avoid making any mistakes. When searching for new customer offers and risk free bonuses, such as the PointsBet free bet,  it is important to read the terms and conditions. Our review has done all this for you!

📱Does FanDuel sportsbook have an app?

FanDuel is one the leading US brands within the new online sports betting scene! And rightly so, they have been operating a daily fantasy sports service prior to the new legislation being processed in the US states. Our review guide at TheGruelingTruth will explain all you need to know to enjoy the Fanduel risk free bet promo code. 

📶 Is Draftkings better than FanDuel?

We have found there is very little between these two similar online betting operators. However, we have found both have different bonuses to offer that can be used to the new players’ advantage! Want to know more? Our review guide at TheGruelingTruth can help you objectively decide. If you want to explore further after that, then why not check out our 888 free bet review too! 

💳 What payment methods do Fanduel accept?

There are several varieties of payment methods available for use at FanDuel. These include  online bank transfers, FanDuel Prepaid Card, ACH, Credit or Debit Card, and PayPal. Our Fanduel article at TheGruelingTruth was written to fast-track your chances of success when using this $1000 Fanduel risk free bet offer. We have given some helpful tips and tricks and also specify what extra offers can be found at Fanduel after signing up.

✔️ What are the Fandual betting bonuses?

We recommend checking our Fanduel guide at TheGruelingTruth. We have written this guide to help you guys enjoy the Fanduel $1000 risk free bet offer and also steer you in the right direction to their ongoing, reload offers, that can be enjoyed even after signing up and using the $1000 bonus! There’s free bets to enjoy every week at Fanduel! Not only that, they’ve a great sportsbook with lots of markets to use these free bets on too!

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