First bet matched up to $500. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable,. DraftKings will match your first bet with a risk-free bet up to $500 What is draftkings sportsbook? Established, American-born company with over 9 million players worldwide. Advanced security makes it the safest online sports betting platform. Betting just launched yesterday in Colorado and Draftkings has a $500 first bet match. From everything I can find, the bet can be made at any odds so would it be in my best interest to bet $500 on a huge favorite just to get the $500 free bet?

Placing your first bet on any online sportsbook can be intimidating. Thankfully, DraftKings Sportsbook is making sure that new players in New Jersey can ease into sports betting with a free wager to get started.

DraftKings Sportsbook is now offering to match all first bets onsite up to $500. This deal, which is more than double its previous amount of $200, will give players more freedom and flexibility to see how things work.

How the $500 First Bet Match works

This promotion is open to newly-registered DraftKings accounts (here’s a how-to guide to get started). Simply make a first wager and see what happens.

Whether that first bet wins or loses, a Free Bet for the same amount will soon appear in the player’s account. In effect, DraftKings is doubling the bet amount for the first go-round.

There are a couple of caveats, however:

• The first is the timing of the bet — a player mustplace his or her wager within 30 days of registration in order for the bet to be eligible.
• The other issue is that the Free Bet is not a negotiable instrument. Bettors cannot simply exchange the Free Bet for cash – the new money must be put back in play. However, players will keep any winnings from the Free Bet.

This promotion is active right now, but won’t last forever. Players need to be sure to make their first bet by Jan. 21, 2019.

What new players to DraftKings Sportsbook will find

DraftKings Sportsbook was the first online sportsbook to debut in NJ and it has maintained its dominance through innovative and intuitive design and operation. New players will likely be surprised at how easy it all is.

Risk Free Bet Draft Kings

The first thing that greets players to the mobile site is the betting carousel. This design feature places bet suggestions on a wheel that mobile users can then rotate to see more options.

These suggestions are not just stock opportunities, however. Each player’s betting carousel is customized according to the player’s preferences and betting history.

The result is that no two players will experience the same DraftKings. Instead, each will find prompts for wagers they would be most likely to make, anyway.

Draftkings 500 Free Bet Picks

DraftKings Sportsbook also offers incredible flexibility with its variety of wagers. Almost every type of bet and betting limit is available for players to craft their betting patterns. There are even betting limits that are less than a dollar.

Players also have options to guard against last-minute defeats or parlay legs that seem unreliable in hindsight. The DraftKings live ticket system allows bettors to cash out their tickets at almost any point during the game(s).

Risk Free Bet

The bottom line is that DraftKings leading the field in New Jersey for a reason. With the site doubling players’ first bets up to $500, there’s no reason not to try out the sportsbook this month.