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FanDuel Promo Code Provides $150 Value for NFL Draft, Any Thursday Sports Action

FanDuel Promo Code Provides $150 Value for NFL Draft, Any Thursday Sports Action article feature image

FanDuel NFL Draft, 04/27/2023

The 2023 NFL Draft kicks off Thursday night, with the Carolina Panthers making the No. 1 pick. If you’re new to sports betting and want to wager on the NFL Draft, check out the FanDuel promo code for $150 in bonus bets.

In addition to being a new customer, players must make a $5 wager on any prop to access the bonus bets. The bonus bets appear in your account following your first bet, regardless of the outcome. Therefore, you’ll need to make your first bet on Thursday to have bonus bets for the NFL Draft.

We’ll discuss how you can use bonus bets on the NFL Draft. However, the FanDuel Sportsbook promo code isn’t exclusive to the event. New bettors can use the FanDuel promo code wager on the NBA, NHL, MLB, or any sport they choose to activate the bonus bets, and to use the bonus bets on.

Betting on the NFL Draft at FanDuel

There’s very little football to bet on during the offseason. Naturally, bettors have flocked to the sportsbooks to wager on the NFL Draft. Thursday marks your final chance to wager on the first round. Thankfully, FanDuel has a plethora of props to choose from.

Now it’s easy to bet on Bryce Young as the No. 1 pick considering his -2000 odds. However, that pick has no value, so bettors should avoid it. No matter what, bonus bets should be used on a plus-money prop in the +300 range. The +EV betting guide recommends this because it’s the best way to maximize your expected value.

The QB class has dominated the headlines for the NFL Draft. Everyone knows Bryce Young will be the No. 1 pick, but what happens with the next three QBs? Anthony Richardson is arguably the biggest boom-or-bust prospect in the draft.

The Florida QB is +225 to be selected in the first four picks. While it’s unlikely, Tanner McGrath explains why it’s worth a bet.

I was never a believer in Anthony Richardson. But I recently watched a deep-dive scouting video by The Ringer’s Ben Solak, which flipped my opinion.

I can see why Richardson’s draft stock has skyrocketed. He has every tool needed to be an elite NFL quarterback, and his upside is higher than every other guy in this draft.

Richardson boasts elite arm talent and unbelievable speed that he combines with a huge frame. I mean, he’s 6-foot-4, 245 lbs., runs a 4.43 40-yard dash and can throw the ball 60 yards with a flick of the wrist.

I’m not sure why teams wouldn’t take a shot on Richardson. His ceiling is Mahomesian.

We also know the scout against Richardson, which includes his accuracy and decision-making issues.

But even with those in mind, Richardson gets picked among the top four in 38% of Vegas Refund’s 34 tracked mock drafts. A 38% implied probability translates to +163 fair odds, giving us value in this position.

Meanwhile, Richardson goes before pick No. 5 in 84% of Matthew Freedman’s sharp consensus. You can guess what an 84% implied probability translates to.

And we don’t know who will trade up into the top four. As I mentioned with Anderson, any trade by a team into the top three or top four increases the likelihood of that team drafting a quarterback, increasing the likelihood of Richardson being drafted fourth or better.

I don’t know what will happen on draft day, but there’s too much value in this huge plus-money number not to take a shot with Richardson, whose draft stock is rising like a hot-air balloon.

We have $150 in bonus bets to use for the NFL Draft. Let’s take a shot at this prop at +225.

  • Richardson is a Top-4 Pick: We win $337.50 but don’t keep our $150 bonus bet.
  • Richardson isn’t a Top-4 Pick: We lose our $150 bonus bet and don’t win any money.

Signing Up For FanDuel

Signing up for FanDuel is an easy 4-step process. Follow the directions below to get your account activated and ready for betting.

Step 1. Click here to visit FanDuel. Navigate to “Bet Now” in the middle of the page, and select your state.

Step 2. Enter your details:

  • Email
  • Username
  • Create a Secure Password
  • Legal Name
  • Date of Birth
  • Home Address
  • Last four digits of your SSN

Step 3. Confirm your age and eligibility (must be 21+ years old).

Step 4. You’re ready to deposit and bet!

New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, LA, MD, MI, NJ, NY, PA, OH, TN, VA, WV, and WY only. Full T&C apply.

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