Fanduel Sportsbook offers: Get up to $500 risk-free bet

To get the latest FanDuel bonus cash in 2020, you won’t need any promo code. A $500 risk-free bet is all yours if you reside in eligible states.

fanduel sportsbook USA

FanDuel Sportsbook 2020

FanDuel likes to keep their promotions tab busy. Besides the welcome bonus, you’ll find plenty of promotions for existing players. Three main ones are:

  • Welcome Bonus – get a risk-free bet up to $500.
  • Keep the Cash – participate in a yes/no quiz and win cash from the $1,000,000 prize pool.
  • NFL Close Loss Insurance – get a refund up to $50 on pre-live moneyline bets if your team loses by 6 points or less.

How to Register on FanDuel Sportsbook

FanDuel offers a very clean and up to date platform, so registering shouldn’t be a big problem. If you find yourself in need of assistance, just follow the steps below.

Step 1:

Upon visiting the official FanDuel website, you can choose one of four states in which FanDuel is legal.

Step 2:

In the top right corner of your screen, there is a Join Now button. Clicking on it will bring a new window where you have to enter account information and your personal data. After entering username, password, email, first and last name, state, city, postal code, you can also enter the FanDuel sportsbook promo code if needed. Currently, there is no FanDuel bonus code.

Step 3:

Verify you are of legal age and accept all FanDuel’s Terms & Conditions.

Abundance of Promotions

FanDuel is definitely not shy when it comes to promotions. You’ve probably heard of FanDuel promo code $500, but you won’t be needing any promo code for this year. Just by registering a new account, you will be eligible for FanDuel bonus money which is $500 in free bets. This welcome bonus is only given to players who lose their first bet. It is a pretty standard welcome bonus, but it is very limiting. If you win your first bet, you will receive nothing. If you lose the bet, you will receive up to $500 which cannot be withdrawn. You will have to spend this money on their sportsbook or Fantasy Football.

Some promotions may differ depending on the state, but the welcome bonus is always the same. You won’t be needing a FanDuel promo code Indiana or FanDuel promo code Pennsylvania. But all players must be aware of FanDuel promo code Barstool if you are a member of Barstool Sports blog. This bonus will give you a $5 in free bets when you make your first deposit. Any other FanDuel bonus payout is tied with one of the promotions available for existing players. We assure you they are numerous and they constantly change and update. We will list all of the current promotions available:

  • $25 NFL Same Game Parlay Insurance – you will receive a refund up to $25 if you place a same game parlay on any NFL game and hit all legs except one.
  • NFL Close Loss Insurance – if your NFL team loses by 6 points or less, you’ll get up to $50 refund on your moneyline bet.
  • College Hoops Win Bonus – you can get $3 for every point your team wins by, if you place a $25+ moneyline bet on FanDuel’s featured game.
  • Keep the Cash – one of the most interesting promotions which gives you the chance to win cash by answering 20 Yes/No questions.
  • NBA 3rd Quarter Insurance – placing a moneyline bet on any NBA game will give you a $50 refund if your team is leading in 3rd quarter but still loses the game in the end.
  • Multi-Sport Parlay Insurance – place a 5+ parlay leg on any game and get up to $25 back if you hit all legs except one.

Does FanDuel match your deposit?

FanDuel will not match your deposit. This may change in future, but for now they offer a risk free bet up to $500.

How does FanDuel risk free bet work?

Risk free bet is basically a bonus that will be given to the player if he loses the first bet. This means if you win the first bet, you won’t receive any bonus. If you lose the bet, you won’t be able to withdraw the money. You’ll have to wager the money on their sportsbook or use it for Fantasy Football.

How do you use your bonus on FanDuel?

All bonuses on FanDuel are paid in site credits. These credits can be used to enter contests that have real cash as rewards. Credits can also be used as currency to bet on sports. In simple terms, site credits are like real money, which cannot be withdrawn.

What’s better, FanDuel or DraftKings?

This already feels like a century-old question. Both sites have their pros and cons. But if we have to choose, DraftKings would be our pick. FanDuel’s betting platform and mobile app is definitely better. But DraftKings has more sports and players, better betting options and more high-stake contests.


fanduel sportsbook logo

Can you cancel a bet on FanDuel?

Unfortunately, you will not be able to cancel a wager once it is placed through their service. 

Some promotions require opt-in. What is this?

Apart from the welcome bonus, other promotions will not be automatic. You will have to manually opt-in for these events. To do this, go to the promotions tab, select the promotion you like and press the opt-in button. 

Who is not eligible to place bets at FanDuel?

Players below the required age will not be eligible to create the account. Additionally, any individual whose participation may undermine the integrity of sports wagering may be excluded. These include athletes, coaches, referees and others.

What are the maximum payouts for sports?

These vary on the type of bet and events in question. But NFL payouts are capped at $100,000, MLB, NBA and NHL are capped at $250,000 and soccer is capped at $1,000,000.

Is there a minimum deposit amount?

Yes. Minimum deposit is capped at $10, while the maximum deposit is $10,000.

Can you create two accounts?

No. By doing so you violate FanDuel’s Terms and Agreements and risk getting your account banned.

Quality of Platform

An Amazing Online Platform

FanDuel’s platform is really a joy to use. The beautiful blue interface is easy on the eye, and the white lettering provides for enough contrast to make everything clearly visible. The platform is updated constantly and is running the latest software, which makes the page very responsive and without any lag. Nothing less is expected from owners of FanDuel, the popular PaddyPower Betfair Interactive. If this name sounds familiar, it’s because PaddyPower is one of the largest UK-based bookmakers, and their cooperation with Betfair made them an industry giant.

The platform is able to handle many requests at once, which is great for bettors who like to create multiple bets. There is a large pool of sports to choose from, but one can easily notice they are biased towards North American sports. Coverage of other sports is decent, and they mostly focus on international soccer matches. Other than that, it significantly lacks behind its competition in this domain. Betting options are standard ones like moneyline, parlay, teaser, future, over and under, round robin, props, and other. They have recently expanded the sports betting options, and now you can find up to 100 betting lines for certain events.

Odds are slightly more expensive and above the industry margin. It could be a throw off for some casual bettors or players who are not used to legal online betting. You have to understand that offshore bookies do not pay taxes and regulations, while FanDuel has to. In addition, it is one of the newest online bookmakers in the US and has to accumulate enough profit to reduce prices. There are numerous bookmakers who did the same. As soon as they stabilized on the market, they cut the prices down and became more appealing for players.

If you like to play around with your bets, you’ll be happy to know that FanDuel offers great flexibility. On the front page, you’ll see your bet slip with all your available bets. Most of the bets can easily be turned into a parlay, teaser, or round robin with a simple click on the tab. Live betting is very simple, which is also its biggest disadvantage. You can’t see anything but the score. Coverage of sports and events is ok, and we’ve found about 25 on less busy days.  

Banking Options

Good Deposit Options

FanDuel offers the most popular methods for US-based customers. Funds are processed instantly and the bookmaker does not charge any fees. These include:

  • Credit Card
  • Prepaid Card
  • PayPal
  • ACH
  • Online Bank Transfer
  • PayNearMe

Four Withdrawal Methods

Withdrawal takes time to be processed and FanDuel offers only four methods. These are:

  • ACH – funds are approved within 24 hours, but may take up to 3 working days to appear on your account.
  • Check – funds are processed from 5 to 7 working days.
  • Prepaid Card – recommended by FanDuel as the easiest way to withdraw funds within 24 hours.
  • PayPal – best used for smaller amounts, with funds being processed within 24 hours.

Good and Helpful Customer Service

Methods to contact the customer service are:

  • Live Chat – open 24/7
  • Email
  • Phone

If you look on the internet, you’ll see that there are no major complaints about their customer service. We have personally tested it and agents that answered were highly professional and knowledgeable. Please note that you may wait a bit longer in the live chat if they are handling in too many requests at the same time. But the usual response is less than 5 minutes. They take a bit longer to reply to the email, but are equally helpful when they do. 


fanduel mobile betting

State-of-the-art Mobile Application

FanDuel offers an extremely well-designed mobile app. It is available for iOS and Android users and can be downloaded from their site. The mobile app interface is practically the same as the desktop version. However, it runs significantly better for some reason. This may be due to FanDuel’s platform, which was initially developed for mobile devices. The responsiveness is awesome, and everything is a few clicks away. 

When you tap on a particular sport, a bet slip will pop up. Here you can see all of the available options and bets you have. Few more clicks will lock in the bet. A small icon will always remain on the screen to remind you of your placed bets. Additionally, you can set up notifications to alarm you when your bet is settled. An amazing feature to have when you don’t want to check the platform yourself all the time.

Live betting is very easy, and when you click on a certain sport, several submenus will open. These offer you standard or alternative betting options which can be easily modified. Hopefully, FanDuel will manage to implement live streaming for the app soon.

Our Opinion

FanDuel started as a fantasy football site and became one of the best sites in the US. They managed to create an enormously big and loyal fanbase, which is now slowly transitioning to their online sportsbook. Their interface and online betting tutorials allow for an easy transition. Players won’t be forced to make high-stake bets. Should players dislike the sportsbook, they can always ignore it altogether and continue playing fantasy football. Site credits are shared between the account, but you won’t be forced to choose between one or the other.

The app is magnificent, and FanDuel spared no expenses. They are constantly upgrading and improving it. It works flawlessly and offers everything needed for the great betting experience. They could always add more stuff to live betting, making it much more appealing. Live streaming should be their next primary goal as well.

They know how to keep their customers happy with plenty of promotions available each week or month. Both casual and experienced bettors will find something to their liking. FanDuel is definitely worth paying a visit.

Top Alternatives to FanDuel


Betfair is one of the leading bookmakers in the US. They have better prices than traditional bookmakers due to their markets being controlled by customers. The odds are very competitive, and they have plenty of sports markets. They do not limit high-stake bettors, but they charge a 5% commission on all winnings.


Unibet is an amazing online bookmaker which offers more than 30 sports markets. The depth on some of them is truly stunning. Their welcome bonus will give you 2x $10 and a $250 risk-free bet. Unfortunately, some of the other bookmakers offer way more promotions. In addition, their Cash Out feature is sometimes unreliable.