Wager Mage
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What happens if you lose on FanDuel?

If your bet is settled as a loss but a certain result happens (as specified in the promotion), you will be refunded the amount within the promotion as a free bet. For example, if you place a parlay and exactly 1 leg loses, you'd get refunded in a free bet.

fanduel.com - FanDuel Sportsbook – How to Bet Strategy Guide and Tips
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TYPES OF REWARDS

What is a bonus?

A bonus is an extra payment in free bets that you get for placing a certain wager, based on a specified statistics/occurrences within the game. For example, a promotion on an MLB game may offer a “$5 bonus in free bets for each home run hit in the game.” This bonus may be offered regardless of your upfront wager winning or losing, or may be tied to you winning or losing your bet (see promotion details for more info). The credit will appear in your account within 72 hours. You then have 7 days in which to use your free bet.

What are free bets?

Free Bets are bonuses that can be found in your account page or betslip. Your Free Bets will either be all-purpose or for a specific sport, game, or bet type. After your bet settles (and if it wins), you’ll get to pocket all of the winnings but the initial Free Bet portion of your wager will not be returned to your wallet. For example: You could use a $25 NFL Free Bet to place a $25 bet on the Patriots to cover the spread. If the bet wins, the $22.73 winnings will be added to your wallet, but the Free Bet stake would not be included in your winnings.

Your Free Bets will expire in 7 days, unless stated otherwise.

More questions? Check out the FAQ page

What is site credit?

Site credit is also known as bonus funds. If a customer wagers with bonus funds and the wager loses, the site credit is not returned. If a customer wagers with bonus funds and the wager wins, your stake, as well as your winnings, will be returned to you and both can be withdrawn. If a customer wagers with cash on a promotion and receives bonus funds as part of that promotion, that site credit cannot be withdrawn. For example, a customer places a $5 cash wager after opting into the following promotion: “Place a Same Game Parlay to get a refund in site credit if your bet loses. Max refund $10.” If the qualifying bet loses, the customer will receive $5 in site credit as part of the promotion. That $5 is now site credit which can be used to place other bets. It cannot be withdrawn. Only your winnings can be withdrawn. The credit will appear in your account within 72 hours. You then have 7 days in which to use your site credit. If you have bonus funds in your account, you can toggle between cash wagers and using bonus within the bet slip.

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What is a "No Sweat" promotion?

If your bet wins, you keep the money. If your bet is settled as a loss, you will be refunded up to a certain amount in the promotion as site credit. The credit will appear in your account within 72 hours. You then have 7 days in which to use your free bet.

What is an “Insurance” promotion?

If your bet is settled as a loss but a certain result happens (as specified in the promotion), you will be refunded the amount within the promotion as a free bet. For example, if you place a parlay and exactly 1 leg loses, you’d get refunded in a free bet. The credit will appear in your account within 72 hours. You then have 7 days in which to use your free bet.

What is a “Bet & Get” promotion?

A Bet & Get promo means you will be awarded a bonus in free bets for placing a certain type of wager (as specified in the promotion). You will be awarded this bonus regardless of whether your bet wins or loses. The credit will appear in your account within 72 hours. You then have 7 days in which to use your free bet.

What is a “Bet Match” promotion?

A Bet Match is a promotion that allows you to receive a Free Bet bonus equal to a percentage of the stake of your first cash wager. The maximum bonus amount will be specified in your promotion. Your wager must be placed during the promotion period and the bonus will be issued upon bet settlement. Please note, you must Opt In before placing the relevant bet. The credit will appear in your account within 72 hours. You then have 7 days upon receipt to use your Free Bet. Your credit must be played on Sportsbook. It cannot be withdrawn.

HOW TO OPT IN FOR PROMOTIONS

fanduel.com - FanDuel Sportsbook – How to Bet Strategy Guide and Tips
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