Last Updated on March 15, 2021
As the 2021 NCAA Tournament nears, legal sportsbooks everywhere are gearing up for a large influx of users to the platform. March Madness is a time for a lot of new users to legal sportsbooks as well, which means that the top legal sportsbooks will be offering welcome bonuses, boosts, and more.
FanDuel Sportsbook lives up to this each and every year and is offering a generous bonus of a $1000 free bet for the tournament. This certainly falls in line with our top seven best online betting promotions available for the tournament, as a free $1000 bet is nothing to scoff at. This will immediately boost new player’s bankrolls.
Let’s take a look at how to take advantage of FanDuel’s $1000 risk-free bet promotion, along with their Michigan State “spread the love” promo.
FanDuel Offers $1000 Free Bet for NCAA Tournament
For the 2021 NCAA Tournament, FanDuel Sportsbook is offering a risk-free $1000 wager for all new users. This promotion is available for the NCAA Tournament, but FanDuel says this will be their continuous offer as well!
FanDuel’s risk-free offer is quite unique, as it provides the maximum value for what risk-free wagers can be. For example, if a bettor wagers $1000 on the risk-free bet, you are awarded with your $2000 winnings (on +100 odds) in $1,000 cash, then the $1,000 in free bets. This helps your bankroll grow, plus gives you cash in hand for your initial bet.
Bettors can then use the $1000 in free wagers to multiply their bets, for example on March Madness futures or other bets that may return large winnings. No other operator pays the free wager in cash, plus the free bets, which makes this a terrific offer for new bettors on the platform.
Georgetown (+8.5) just beat Creighton by 25 pic.twitter.com/aOZx4tKbp0
— FanDuel Sportsbook (@FDSportsbook) March 14, 2021
How to Get Your Risk-Free Bet on FanDuel
Here is how to take advantage of this offer, and get your risk-free $1000 bet from FanDuel Sportsbook. It is for new users only, and all new players in states that offer FanDuel Sportsbook are eligible.
- Register here at FanDuel Sportsbook.
- Make your first deposit.
- Place your first wager, which is risk-free up to $1000.
If your first wager (up to $1000) grades as a loss, you will be given a refund in the form of free wagers. For example, if you wish to wager up to $1000 on the Baylor Bears to win their first game with a spread of -12 and they win, you keep your winnings. If Baylor (or your team) does not cover, you will receive that amount in free bets. This is a great way to grow your bankroll as a new player at FanDuel Sportsbook.
Keep in mind, if your bet wins you will then have $2,000 ($1,000 free bet value + $1,000 winning money) cash on a +100 odds price in your account for a risk-free wager. This offer is not available from other sportsbooks.
Bet on March Madness With The FanDuel App
At FanDuel Sportsbook, there is a lot to wager on when it comes to college basketball for the tournament. Here’s a look at what FanDuel’s offerings are for March Madness in 2021.
- Props (if available in your state)
- Live in-game betting
- Game Props
- 1st Half Betting
- Alternative Spreads
- Team Totals
- and more!
As the odds will continue to change throughout the NCAA Tournament, betting on futures such as who will win the Final Four are attractive for users that are looking to take advantage of their previous futures wagers. For example, if you wager on Georgetown to win the tournament at +5000 and they advance to the Final Four and the price decreases to +1200, you can take advantage of your 50:1 ticket by wagering on others.
Stay up-to-date with our college basketball coverage, here.
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