It’s Week 3 already! Hard to believe, but that is football betting season. It comes and goes in an instant, so we need to take advantage of PA online sportsbook promos each and every week.
FanDuel Sportsbook PA is offering “NFL Close Loss Insurance” in Week 3.
FanDuel NFL “Close Loss” Promo Details
“Bettors who place a moneyline bet will be given site credit equal to the amount of their initial bet, up to $50, if their team loses by six points or less.” directly from FanDuel Sportsbook.
This means if you were to place a moneyline bet on a team to win, and that team loses by six points or less…you will be refunded a site credit of up to $50 on your initial bet.
For example, if you bet on the Eagles moneyline you need the Eagles to beat the Detroit Lions. Say you bet $50 on this. If the Eagles happen to lose 27-21 or less…FanDuel Sportsbook will give you a site credit for a close loss.
More details:
- One (1) Eligible wager per person, per game
- Cash out bets ineligible
- Live bets ineligible
- Multi-bet wagers are ineligible
- Max bonus $50 per game per person
- First bet on the moneyline market
- Straight bets only
How To Bet (and win) With This Promo
Bettors, be sure to take advantage of this promotion. There is a strategy to betting money-lines.
First, take a look at all the lines. Say you like an upset this week to win outright, say the Giants +230 to beat the Bucs outright, or at least to come within a touchdown to get your money back.
If you bet $50 on Giants +230, you can win $115 with those odds. If you lose (by within six points), you’ll get your $50 site credit back.
Of course, you can bet on a heavy favorite like the Patriots or Cowboys for “sure money”, but the upside there is very limited on a $50 bet.
If you bet on the Patriots moneyline to beat the Jets (-3000), a $50 bet wins you $1.67. What would you rather have? $1.67, or a chance to make $115 on a $50 bet if you happen to like the upside? No brainer right?
Think about it that way, as this promo allows you to get a site credit back in a close game loss of up to $50.
Be sure to take advantage of this promo on FanDuel Sportsbook here!
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