A big part of this site will be keeping you abreast of promos offered by the New Jersey sportsbooks. There were a ton for the Super Bowl and I expect more as March Madness approaches.
This is a new and competitive market. The sportsbooks want market share, they want your business. One way to bring players in is with the use of promos. While all promotions are not alike, most of them offered by the books thus far have been favorable to the player.
I suspect it won’t be like this forever. While there is no free money, most of the promotions put you a big advantage.
FanDuel has been generous with the promotions since they went live in New Jersey last summer.
Here’s a college basketball promotion they’re running through March 10, 2019.
The Promotion will run on the weekends only until March 10, 2019.
So you receive up to $25 back on your bet in site credit if your ML (money line = no spread) selection is up at the half, but loses the game.
Washington State at Arizona
Let’s see this in action. Arizona has been playing poorly of late and had lost four in a row. Washington State was off a huge upset win Thursday night over Arizona State 91-70 as a 15 point underdog.
Arizona was set as a 11. 5 favored this morning over Washington State. That was way too many points and though WSU could hang and hopefully be up at halftime.
Washington got out in front early and coasted to a 33-21 halftime lead. Good news. Worst case I was getting my $25 credit if the Cougars went onto lose.
So, how to play this now. Washington State was -2.5 in-game at halftime. A relatively short line with a 12 point lead. I could hedge, say $33, to guarantee profit along with the credit. I could let it ride and do nothing. FanDuel offered a cash out. You won’t go broke taking profits. I took the cash out.
Was it the best decision? Well, WSU did go on to win the game. Had I done nothing my payout would have been $157 ($132 + 25), but hindsight is very much 20/20. I’m happy with my $106.71 on a fairly big underdog.
I’d look to play a small favorite or dog. On paper, WSU was too big of a dog to play for this promotion. It just jumped out at me and I thought there was value. It worked out favorably.