FanDuel Giving Every User $10 Free, Totaling More Than $80 Million in Site Credits

To celebrate the return of mainstream sports, FanDuel announced Tuesday that it will place a $10 site credit into every daily fantasy and sportsbook account.

Given that there are more than eight million accounts, it’s an on paper marketing expense of $80 million, though it’s much less considering every daily fantasy player and every bettor isn’t going to win their money back and not everyone will use the offer before it expires on Aug. 2.

[Where Is Sports Betting Legal? Tracking All 50 States]

“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,” Mike Raffensperger, CMO of FanDuel Group, said in a statement.

FanDuel is also offering sportsbook bettors their first $100 back, starting Tuesday, in the form of risk-free bets throughout a day. It’s not just one bet — users can place up to $100 of free bets (10, $10 bets for example) and have the money refunded if they lose.

FanDuel is the leading mobile sportsbook with a 45% share in New Jersey, the second largest betting state behind Nevada, and 49% in Pennsylvania, the No. 3 state.

More From Rovell

How would you rate this article?

Top Offers

Odds Boosts
See More >
Odds boosts are simply regular bets offered at enticing odds. They're available to everyone and there's no limit to how many you can bet.
Sportsbook Reviews
See More >
Discover the best online sports betting sites and take advantage of bonus offers from legal sportsbooks.
Expert Picks
See More >
See what plays the Action Network experts are making for all of today's games.
PRO Membership
See More >
Access betting systems and signals to get daily, actionable picks.
Download the App
See More >
Download the Action app to track all your bets in one place. Exclusive data helped you make smarter betting decisions.
See More >
The best sports betting newsletter with trends, insights and news - condensed in a two-minute read.
Live Odds
See More >
See live odds and the best lines for every game.

Follow Us On Social

Top Stories