Risk-free. It’s not a phrase commonly associated with sports betting, or any form of gambling for that matter. Yet, this week, risk-free might as well be the mantra of the NJ online sports betting industry.
In preparation for Sunday’s Big Game between the New England Patriots and the Los Angeles Rams, multiple sites are rolling out promos where bettors can feel at ease with their pick, knowing that if it comes up short, they’re going to get a full refund — sometimes as a site credit, and sometimes as cash.
This is about as generous as it’s ever going to get from the state’s 10 online books, who are desperately trying to jockey for market share in a competitive environment. And what better time to grab some new players than during Super Bowl week?
PointsBet racking up the score
Newcomer PointsBet should probably be the first stop on your promotional hunt. New players get the best of it with a $50 bonus bet just for signing up (no deposit required), and two risk-free wagers, up to $500 each.
The first risk-free bet is on any fixed price bet, while the second taps into PointsBet’s unique PointsBetting nuance, where players put up a stake and win or lose a multiple of that stake depending on how far the result is from the line. For instance, if you take over 57 on the point total, and the final score is 42-35, you’ll win 20x your wager.
Alternatively, it looks like PointsBet has upped the ante even more for the Super Bowl, with a limited time offer “$530 Free Swing” where new players will receive an up-to-$530 refund on their first PointsBetting bet.
All this in addition to the site offering no juice point spreads (+100) on the Big Game, and -105 lines on the total. To our knowledge, PointsBet is the only site offering odds this juicy … or should we say, this juiceless.
Refunds will be rewarded as bonus bets, which must be wagered on the site one time before any winnings are eligible for withdrawal.
DraftKings runs multiple wideouts
There’s not one home run (er, touchdown) offer on DraftKings Sportsbook, but the site does manage to kick a lot of field goals, with multiple offers that will mend the bleed from any losses.
First up, is a risk-free proposal, where bettors that place a player prop on the Super Bowl, and lose, will be credited back a free bet up to $50.
In addition, if spending real money really isn’t your thing, DraftKings has rolled out a free Big Game Squares promotion, where players choose one of 100 squares at random, just as they would for an office pool. If the final digit of both team’s scores match the numbers of your square at the end of any quarter, you’ll win a portion of a total $53,000 prize pool. Not too shabby for just clicking your mouse on a grid.
Also at DraftKings are risk-free opportunities for casino game players. Between now and the conclusion of the Big Game, if you’re down at the slots or table games, DraftKings will refund you with a free sports bet up to $53.
If you still haven’t signed up for DraftKings Sportsbook — there has to be some of you left, right? — you can take advantage of a $500 instant free bet up to $500. Notice that this welcome bonus is extra lucrative, as you receive the free bet even if you win. For that reason, we do encourage players to place the maximum eligible wager of $500 on their first bet, if they can afford to do so.
A rockin’ start
Rock n’ roll and the Super Bowl go together like pizza and beer, so we’re not too surprised to see Hard Rock online sportsbook — just launched this week — go live with something special.
This offer doesn’t apply exclusively to the Super Bowl, but players that deposit and wager $100 or more on their first sports bet will be entitled to a $100 cash refund if their pick doesn’t come through.
The cool thing here is that players who have already taken advantage of the site’s 100% match up to $1,000 welcome offer are still eligible for this promotion. This alone is a worthy reason for casino goers to try their hand at the book.
FanDuel goes low-risk, high-reward
The best offers on FanDuel Sportsbook this weekend aren’t exactly risk-free, but in some ways, they’re better.
New players can enjoy boosted odds of 53/1 on the Super Bowl moneylines, the only caveat being the eligible wager is capped at a measly $5. Still, that’s $265 in site credit on a win. To max out this offer, you’ll probably want to go with the New England Patriots, since they’re currently the slight favorite, and offer slightly lower payouts on traditional moneyline bets.
Pre-game moneyline wagers of $25 or more are also eligible for the “Big Game Bonus” where players will receive a $5 bonus in site credit for each TD their team scores. It’s unlikely that this bet will be completely risk-free, unless your team goes completely off, but with these two high flying offenses, there’s always that possibility.
FanDuel has also rolled out a ton of odds boosts on the Big Game, with more expected as the clock winds down on the Super Bowl LIII kickoff.
For more on how to score welcome bonuses at FanDuel Sportsbook and others, check out our step-by-step guide from September. Some of the monetary values have changed, but the path toward thousands in bonuses has not.