FanDuel Sportsbook Promo Code Offers $1K Bonus for NBA Finals, Any Other Game

Steven Petrella Sports Betting Expert

3 minute read

Ahead of the NBA Finals -- or for any other event this week -- FanDuel Sportsbook is offering a $1,000 "no sweat first bet."

There's no actual promo code needed -- just use the link below or head over to FanDuel to get started. All new users will get this offer automatically after signing up.

This promotional offer provides insurance in case their first bet doesn't go as planned. If your initial bet loses, FanDuel will reimburse you whatever you lost in bonus bets, up to $1,000. To be eligible for this signup offer, new bettors need to deposit a minimum of $10.

The FanDuel promo offer is applicable to any sporting event taking place throughout the week -- so you can use your first bet on MLB, golf, soccer, UFC and much more. Alternatively, users can choose to save it for the NBA Finals on Thursday or the Stanley Cup Final, which begins Saturday.

Updated on 04/26/2024

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FanDuel's Promo Breakdown

In this promotion, FanDuel matches your first bet with an equivalent amount in bonus bets if it happens to lose. To earn the full $1,000 in bonus bets, you would need to deposit and lose a $1,000 bet.

There could either be one or two parts depending on how your first bet goes. Let's break down both with real examples from this week's sports calendar, including the NBA Finals.

Part 1: Your First Bet

Alright, once you're through the registration process, it's time to make your first bet.

Mathematically, you should deposit and bet $1,000 and not a penny more on your first wager. But most users won't do that since they don't want to risk that much.

So let's say you deposit $100 and put it all on the Heat moneyline against the Nuggets on Thursday night in Game 1 of the NBA Finals. Right now, Miami is priced at +320 at FanDuel.

There are two possible outcomes (since there can't be a tie in an NBA game).

• You bet $100 on Miami and if the Heat win, you profit $320 in cash and keep your $100 bet. You'll now have $420 in your account you can withdraw or continue betting.
• You bet $100 on Miami and if the Heat lose, you get $100 back in bonus bets.

Part 2: Using Your Bonus Bets

Should your first wager go south, you won't get cash back -- you'll get bonus bets in your account equal to whatever you lost. You then have to wager them to turn them into cash.

We always advise placing a plus-money bet when using the bonus bets since these bonus credits do not include the return of your initial bet. Additionally, bonus bets cannot be withdrawn until you win a bet, and only the winnings from the bonus bets are eligible for withdrawal.

Signing up at FanDuel

It's simple to get started at FanDuel. Just follow these four steps. You will be asked for some personal information, like the last four digits of your Social Security Number. That's because you can only have one account -- you can't make another with a different email address.

Step 1. Click here to visit FanDuel. Click bet now, then find your state.
Step 2. Enter your vital details. You'll be asked for things like:

• Email
• Username
• 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!

Always use your real address, because your account is tied to your identity. If you're visiting a legal betting state you can still sign up, deposit and bet, but if you use your parents' address or the address of an AirBNB, FanDuel can't verify your identity and you won't be able to deposit.

Steven Petrella

Steven runs The Action Network’s written content team, which specializes in industry news, betting advice on specific games and slates, betting education and more. He got his start betting about 10 years ago, and got his first job in the sports betting media industry since 2015. Prior to joining Action in 2018, he worked for Sporting News, MLB.com and Cox Media Group. More from Steven Petrella