how do you use free bets on draftkings

How to Use Free Bets on DraftKings

DraftKings offers free bets as promotions. To use a free bet, select a bet and tick the “Free Bet” box before placing it. Remember, you don’t need to enter a dollar amount when using a free bet.

Finding and Claiming Free Bets

DraftKings frequently offers free bets as part of their promotions. These promotions might be tied to specific sporting events, holidays, or even just for being a loyal customer. You can find these free bet offers in a few different places⁚

DraftKings Sportsbook Promotions Page⁚ The easiest way to find current free bet offers is to visit the promotions page on the DraftKings Sportsbook website or app.
Email⁚ DraftKings often sends emails to its users about upcoming promotions, including free bet offers. Make sure you’ve opted in for marketing emails.
Your Account’s Rewards Section⁚ Sometimes, free bets are credited directly to your account as part of a loyalty program or special offer. Check your account’s rewards or bonus section regularly to see if you have any free bets available.

Once you’ve found a free bet offer that interests you, be sure to carefully read the terms and conditions. This will tell you how to claim the free bet, what bets you can use it on, and any wagering requirements.

Understanding Free Bet Terms and Conditions

Before you get too excited about using a free bet on DraftKings, it’s crucial to understand the terms and conditions attached to it. These terms can significantly impact how you can use the free bet and what you can win. Here’s what to look out for⁚

Expiration Date⁚ Free bets often come with an expiration date. Be sure to use them before they expire, or you’ll lose them.
Eligible Markets⁚ Some free bets can be used on any sport or market, while others might be restricted to specific sports, leagues, or bet types. For instance, a free bet might only be valid for NFL games or for live bets.
Minimum Odds⁚ Many free bet offers have minimum odds requirements. This means you can only use the free bet on selections with odds above a certain threshold. For example, you might need to place a bet with odds of -200 or higher.
Wagering Requirements⁚ Some free bets come with wagering requirements, also known as playthrough requirements. This means you need to wager the free bet winnings a certain number of times before you can withdraw them. For example, a 10x wagering requirement on a $10 free bet win means you need to place $100 in bets before withdrawing any associated winnings.
Stake Not Returned⁚ In most cases, when you win a bet using a free bet, you only receive the winnings, not the original stake. For example, if you use a $10 free bet on a selection with odds of +200 and win, you’ll receive $20 in winnings, but the initial $10 free bet stake is not returned.

Placing Bets with Free Bets

Once you’ve found a free bet that suits you and understand the terms and conditions, placing a bet with it is a straightforward process⁚

Log in to your DraftKings account⁚ If you don’t have an account yet, you’ll need to create one and might need to opt into the promotion to be eligible for the free bet offer.
Navigate to your desired sport and market⁚ Browse the available sports and events and select the one you want to bet on. Then, choose the specific market within that event, such as the moneyline, point spread, or over/under.
Add your selection to the bet slip⁚ Click on the odds of the bet you want to make. This will add the selection to your bet slip, usually located on the right-hand side of the screen.
Select your free bet⁚ In the bet slip, you’ll usually see a box or option to use a free bet. The wording might vary, but it should be clear. Select the free bet you want to use from your available free bets.
Review and confirm your bet⁚ Double-check your bet details, including the selection, the stake (which should be automatically filled in with the free bet amount), and the potential winnings. Once you’re happy with everything, click “Place Bet” or a similar button to confirm your wager.

Remember that free bets usually cannot be divided into smaller bets and must be used as a whole on a single wager.

Withdrawing Winnings from Free Bets

While using a free bet is exciting, understanding how winnings are handled is crucial. Here’s a breakdown of withdrawing winnings from free bets on DraftKings⁚

Stake Not Returned⁚ Unlike regular bets where you receive your initial stake back along with any winnings, free bet winnings typically do not include the original free bet amount. For instance, if you place a $10 free bet with odds of +200 and win٫ you’ll receive $20 in winnings (10 x 2.00)٫ but the original $10 free bet is not returned.

Winnings as Cash or Bonus Funds⁚ Depending on the specific terms of the free bet promotion, your winnings may be credited as either withdrawable cash or bonus funds. If your winnings are in cash, you can usually withdraw them immediately, subject to DraftKings’ standard withdrawal policies.

Wagering Requirements⁚ If your winnings are awarded as bonus funds, you’ll likely need to meet wagering requirements before withdrawing them. This means you’ll need to wager the bonus amount a certain number of times on eligible bets before it converts to withdrawable cash. For example, a 1x wagering requirement on $20 in bonus funds means you must place $20 in bets before you can withdraw the funds. Always check the terms and conditions of the free bet promotion to understand any wagering requirements.

Responsible Gaming and Free Bets

While free bets can enhance the excitement of sports betting, it’s essential to approach them responsibly. Here are key points to keep in mind⁚

Free Bets Aren’t “Free Money”⁚ Treat free bets as a chance to try out DraftKings’ platform or explore new betting markets, but don’t consider them as guaranteed profits. Responsible betting involves understanding the risks and wagering only what you can afford to lose, even with free bets.

Set Limits⁚ Before using free bets, establish clear limits on your overall betting activity. DraftKings provides various responsible gaming tools, such as deposit limits, wagering limits, and time-outs, which can help you stay in control of your spending and time spent on the platform.

Don’t Chase Losses⁚ If you lose a free bet, avoid the temptation to chase those losses by immediately placing more bets, especially with your own money. It’s easy to get caught up in the excitement, but chasing losses can lead to bigger risks and potential financial harm.

Seek Support⁚ If you feel that your betting habits are becoming problematic or are concerned about someone else’s gambling, don’t hesitate to seek help. DraftKings offers resources and links to organizations that provide support and guidance for responsible gaming.