DraftKings: $1,000 no sweat first bet for Formula 1

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DraftKings: $1,000 no sweat first bet for Formula 1

There is quite a bit going on in the sports world, even if it is considered one of the slower parts of the sports calendar. The NHL and NBA are both gearing up for the playoffs. College basketball is getting ready for March Madness. Spring Training is underway in baseball. In addition, the Formula 1 2024 schedule kicks off this weekend in Bahrain.

Prepare to bet on Formula 1 by signing up with DraftKings Sportsbook. New users who sign up for an account can claim a $1,000 no-sweat first bet. If their first wager loses, DraftKings will refund their bet in the form of bonus bets, giving them a second chance to make it right.

Newcomers joining DraftKings Sportsbook stand to gain from their latest sign-up bonus. Essentially, it serves as a safety net in case your initial wager falls short. If your first bet doesn’t succeed, DraftKings will compensate you with a bonus bet, capped at a maximum refund of $1,000.

This opportunity is exclusively available to new DraftKings Sportsbook customers who haven’t previously funded their accounts. To be eligible, simply deposit $5 or more into your Sportsbook account and place a bet of at least $1 during the promotional period. Should your initial bet not result in a win, you’ll receive a Bonus Bet equal to your first wager, up to $1,000. Your first bet post-registration will count as your qualifying wager, and each customer is restricted to one such qualifying bet.

All paid bets are eligible for this offer, spanning all available sportsbook markets. Bonus Bets, issued as Bonus Bet Tokens, cannot be converted into cash, transferred, or refunded. The amount of the Bonus Bet will not impact any returns or winnings. Bonus Bets will be added to your account within 24 hours of bet settlement and will remain valid for seven days from the time of allocation. Failure to utilize the Bonus Bets within this specified timeframe will result in forfeiture.

This offer is only available to new DraftKings customers. Check out DraftKings Sportsbook promotions for all users here.

If you haven’t yet, now’s the perfect time to create a new account on DraftKings Sportsbook. Here’s a simple guide to get you started:

  1. Click on this PennLive link to access the DraftKings sign-up page.
  2. Fill in all necessary personal details, such as your name, address, and date of birth.
  3. Create your account with a username and a strong, secure password.
  4. Download the DraftKings Sportsbook app for the convenience of placing and monitoring your bets from anywhere.
  5. Deposit at least $5 using any of the available deposit methods.
  6. Make your first bet, knowing that it’s risk-free.

Following these steps will set you up for action. If your initial bet doesn’t turn out as expected, DraftKings will provide you with a bonus bet. And if your first bet wins, you have the choice to keep betting with DraftKings or withdraw your winnings – the decision is entirely up to you.

In recent months, DraftKings Sportsbook has taken substantial steps to strengthen its foothold in the market. As a result, they are now established as a leading choice for sports betting PA.

DraftKings Sportsbook provides a wide array of sports and prop options, catering to diverse betting preferences. Their online platform ensures smooth deposit and withdrawal procedures, backed by robust security measures for user confidence. The DraftKings app is widely praised for its intuitive interface and functionality, enhancing the overall betting experience.

As a result of these efforts, DraftKings has earned an impressive overall rating of 9.7 in the most recent PennLive review.

While certainly not as popular as other sports in the United States, Formula 1 has seen some nice growth across the country in recent years. The 2024 season gets underway this weekend in Bahrain with practice and qualifying scheduled for Thursday and Friday. The actual race takes place on Saturday. Here are the favorites at DraftKings Sportsbook.

  • Max Verstappen (-250)
  • Lewis Hamilton (+600)
  • George Russell (+1400)
  • Charles Leclerc (+1400)
  • Sergio Perez (+1800)
  • Fernando Alonso (+2500)
  • Lando Norris (+2800)
  • Carlos Sainz (+3000)
  • Oscar Piastri (+4000)

All other racers are +12000 or higher.

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