How to get a $1,000 Risk-Free bet on ANY College Basketball Team!

fanduel march madness
Photo of Jake Apperley

Jake Apperley

NCAAB · 1 year ago

Show Bio

Co-founder of Pickswise. A fan of all sports with a passion for the NFL and Premier League soccer. An avid sports bettor who loves fading the public, taking ugly dogs, and the under. Go Pack Go!

In this article, we’ll show you how to get a $1,000 Risk-Free bet on ANY College Basketball Team! Pick your team and take advantage of the risk-free first bet from FanDuel sportsbook!

What is the offer?

  • $1,000 risk-free first bet
  • New FanDuel Sportsbook web and mobile app users

How do I claim?

Best way to use your $1,000 risk-free first bet

First, pick your team who you think will win it all. If you want some information to help, check out our experts March Madness betting guide and March Madness bracket guide. Filled with key stats, trends, expert opinion, and analysis to help you bet better this March.

You’ve made your deposit, picked your team. Now it’s time to place your wager. I’m going to use Gonzaga at +200 as an example.

I select Gonzaga, add it to my bet slip at +200 and place my first real-money wager of up to $1,000 on Gonzaga.

If Gonzaga wins then I get paid $3,000 ($1,000 free bet value + $2,000 winnings).

This is where FanDuel Sportsbook is different from other sportsbooks. FanDuel’s offer pays cash value on the free bet value if your free bet cashes.

You don’t have to place $1,000. If you only want to bet $10, $100, or even $500 then payouts will be adjusted. $1,000 is used as an example stake for customers wanting to take full advantage of the maximum risk-free first bet available.

Please remember to gamble responsibly.

fanduel march madness

Who’s it for?

New FanDuel Sportsbook web and mobile app users who are 21+ and located in New Jersey, Pennsylvania, West Virginia, Colorado, Indiana, Illinois, Iowa, Michigan, Virginia, or Tennessee.

Pickswise is the home of March Madness Predictions. Check out all of our March Madness Picks, including daily March Madness Parlays throughout the NCAA Tournament.

Virginia Bonuses

See All
FanDuel Sportsbook

$1,000

Get a $1,000 No Sweat First Bet

Sign up for a new FanDuel Sportsbook account and make your first deposit of $10+

Place your first bet up to $1,000!

Get refunded up if you lose up to $1,000

Must be 21+. First online real money wager only. $10 first deposit required. Bonus issued as non-withdrawable free bets that expire 14 days after receipt. See full terms at fanduel.com/sportsbook.

DraftKings

$200

Bet $5+ on any NFL Pre-Game ML, Get $200 If Your Bet Wins

Sign up for a new account with DraftKings Sportsbook and make your first deposit

Bet $5+ on any NFL pre-game ML

Win $200 if your team wins

Offer valid for new players only. Must be 21 years or older to play. Reward paid in site credit. Full terms available at DraftKings Sportsbook.

Unibet

$100

Get a $100 Risk-Free Bet!

Register for a new Unibet account & make a deposit

Place your first bet up to $100 risk-free!

Get refunded up if you lose up to $100

New players only. Terms & conditions apply. 21+. VA only.

PointsBet

$800

Get 4x $200 In Free Bets

Sign up for a new PointsBet account

Bet up to $200 and If you lose, you get a refund

You will receive Free Bet(s) in the amount of the losing wager(s), up to $200 each for four days.

Must be 21+. Full terms are available at PointsBet.

Caesars Sportsbook

$1,250

Get a $1,250 risk-free bet

Sign up for a new Caesars Sportsbook account

Place your first bet of $10 or more

If your first bet loses, you’ll receive a refund up to $1,250 from Caesars in free bets

21+. Terms and conditions apply.

BetMGM

$1,000

Get a $1,000 Risk Free Bet

Register for a new BetMGM & deposit

Place your first bet up to $1,000 risk-free!

Get refunded up if you lose up to $1,000

21+. Terms & conditions apply.

BetRivers

$500

Get Your First Bet Risk-Free Up To $500

Sign up for a new BetRivers account using promo code PICKSWISE

Make your first deposit & get up to $500 in free bets

To get $500 in free bets, wager $500

Must be 21+. Play in IA Only. Gambling Problem? Call 1-800-BETS OFF

DraftKings

$100

Bet $5+ on MLB and get $100 in Free Bets Instantly!

Sign up for a new account with DraftKings Sportsbook and make your first deposit

Bet $5+ on any MLB team to win their next game

Win $100 no matter what!

Offer valid for new players only. Must be 21 years or older to play. Reward paid in site credit. Full terms available at DraftKings Sportsbook.

PointsBet

$500

Get 5x $100 in Free Bets With PointsBet's Second Chance

Sign up for a new PointsBet account

Make a bet of up to $100 and receive a refund if you lose

Get this offer once a day for the first 5 days you sign up

Must be 21+. Full terms are available at PointsBet.

DraftKings

$1,000

Get a $1,000 Deposit Bonus!

Register for a new DraftKings Sportsbook account & deposit

DraftKings will match 20% of your deposit up to $1,000 total

To get a $100 bonus, deposit $500

21+. Terms & conditions apply.

PointsBet

$2,000

Get $2,000 in Free Bets

Register for a new PointsBet account & deposit

Receive a free bet refund up to $500 if your first fixed odds bet loses

& a free bet refund up to $1,500 if your first two PointsBetting Wager loses

Must be 21+. Full terms are available at PointsBet.

Monkey Knife Fight

$100

Claim Instant Deposit Match up to $100 + Free $5 game

Register for a Monkey Knife Fight account & deposit using promo code PICKSWISE100

Monkey Knife Fight will match your first deposit up to $100

Deposit $100 and you'll get $100 bonus + a free $5 game

18+. Terms and conditions apply. You must live in one of the states where real money DFS is legal.

TVG

$200

Get Your First Single-Horse Win Wager Back Up to $200 if you don't win

Register for a new TVG account and make a deposit

Place your first single horse win-type bet up to $200

If your horse doesn't win you'll get a refund up to $300

21+. T&C's apply. Please gamble responsibly.

TwinSpires

$200

Get a $200 Sign-Up Bonus with Twinspires Racebook!

Open your TwinSpires.com account using offer code BET200

$200 bonus cash will be credited in increments of $100 for every $400 wagered

To earn the full $200 bonus players must wager $800 within 30 days

21+. Terms and conditions apply.

Underdog Fantasy

$100

First deposit is 100% matched up to $100 with Underdog Fantasy

Sign up for a new account with Underdog Fantasy

Make your first deposit

Every dollar (up to $100) will be matched! Deposit $25, get $50; deposit $100, get $200, etc

Must be 21+ to play. Terms & conditions apply