FanDuel Promo Code Secures $1,000 No-Sweat Bet for CFB and NFL

FanDuel Promo Code Secures $1,000 No-Sweat Bet for CFB and NFL article feature image

Ever wanted to roll the dice on a crazy underdog without the concern? This weekend's your chance with FanDuel Sportsbook's promo code. 

Here's why: FanDuel is offering a no-sweat bet up to $1,000 — meaning if you lose your first bet, you'll get the amount you wagered back in free bets (up to $1,000).

Users new to FanDuel can follow these steps:

  • Sign up with this link (no promo code needed)
  • Deposit $10 or more
  • Bet $1 or more, and up to $1,000
  • If the bet wins, you keep the bet amount and profits
  • If it loses, you get the same amount back in free bets
  • Those free bets will expire in 14 days

Don't know if FanDuel operates where you live? See where legal betting stands in your state.

How FanDuel Promo Codes & Free Bets Work

We put together a guide of the different lingo that sportsbooks use to name their promotions and bonus offers. We recommend reading up so you know what you're getting into, but we'll also cover it below.

Here's how the $1,000 no-sweat bet works (many other books call it a "risk-free" bet, but there is some risk to it, which we'll explain below).

Most people won't deposit $1,000, so your first bet will be no-sweat up to whatever amount you put in.

Here's an example for TNF:

  • You deposit $200 and bet it all on UMASS moneyline against Eastern Michigan, which pays around +800.
  • If UMASS wins, you'll profit $1,600, and keep the $200 you wagered with. You've now got $1,800 in your account to do with as you please.
  • If UMASS loses, you'll get your $200 back in free bets.

Keep in mind however, "free bets" can be placed on anything but not withdrawn as cash. You must win your wager with them to withdraw the profits.

So let's go with the auspicious outcome in the example above and UMASS loses to Washington Saturday.

You've been reimbursed with $200 in free bets and you look to NFL Sunday.

You look for a play a tad less grandiose — but still lucrative — and take the coach versus former team motivation narrative: Doug Pederson and the Jaguars to beat the Eagles at +235.

  • If the Jags win, you'll make $470 ($200 x 2.35) but don't keep the $200 in free bets that you placed the wager with. You've now got $470 in your account.
  • If the Jags lose, you're back to square one with $0.

So there is some risk involved here, since you can lose some or all of your deposit if the free bet wagers don't hit on your second try.

If you're wondering what +235 means,  check out our 12 tips for beginners and how to read American odds if you're a novice sports bettor.

How to Sign Up at FanDuel Sportsbook

FanDuel makes it super simple to sign up. Here's how:

  1. Use this link, not a FanDuel promo code
  2. Enter all your real signup information (name, address, etc.)
  3. Deposit using a bank account, credit card, or PayPal
  4. Make your first bet!

Even if you're traveling to a state with legal betting this week to see family or friends, or just taking a vacation, you can still legally sign up and bet. Just use all your real information — address especially — or else FanDuel won't be able to verify your account. Don't use your parents' address or your Airbnb. It's perfectly legal to sign up and bet out of state, as long as you're in a legal state.

How to Use Your FanDuel Sportsbook Promo Code Bonus

If there's anything to come away with here, it's the higher the line, the more expected value you'll get. Taking advantage of free bets from promo codes always starts with betting on anything that's plus money — +150, +350, etc.

Here are some pointers to some hot plus-money wagers with this weekend's NFL and NCAA matchups:

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