On FanDuel, a “Bonus Bet” is a special type of bet that offers enhanced odds or a bonus on top of your potential winnings. These bets are often used as promotions to attract new customers or to keep existing customers engaged on the platform.
When you place a Bonus Bet, the way it works is generally as follows:
1. **Enhanced Odds**: The odds for the bet are better than the standard odds you would get for the same outcome. This means if your bet wins, you will receive a higher payout than you would have with the standard odds.
2. **Bonus on Top**: In some cases, FanDuel may offer a bonus that is a percentage of your winnings or a fixed amount on top of your winnings if the bet is successful.
It’s important to note that Bonus Bets often come with specific terms and conditions, such as:
– They may be restricted to certain sports, leagues, or types of bets.
– There may be a maximum amount that can be won with the Bonus Bet.
– They may have specific rollover requirements, meaning you have to bet a certain amount before you can withdraw any winnings from the bonus.
– They may be subject to different withdrawal times or have other restrictions on how the bonus can be used.
Always check the terms and conditions of any Bonus Bet offer on FanDuel or any other sports betting platform to ensure you understand how it works and any limitations that may apply.