Gaming operator DraftKings reported $133 million in third-quarter 2020 revenue Friday. Their quarterly earnings report also increased revenue guidance for the current fiscal year and 2021.
This is the first full quarter that the company has spent as publicly traded, following the April IPO.
DraftKings Q3 Reports
DraftKings Sportsbook capitalized on the return of major North American sports in July, nearly doubling their revenue from Q3 2019 of $67 million. The company revised the 2020 revenue projections, previously at $500 to $540 million, to $540 to $600 million. They also introduced 2021 revenue projections of $750 to $850 million.
“The resumption of major sports such as the NBA, MLB and the NHL in the third quarter, as well as the start of the NFL season, generated tremendous customer engagement,” said Jason Robins, DraftKings’ co-founder, CEO and Chairman of the Board, in a statement.
“In addition to our year-over-year pro forma revenue growth of 42%, DraftKings recorded an increase in monthly unique payers of 64% to over 1 million, demonstrating the effectiveness of our data-driven sales and marketing approach. Our product offerings and scalable platform provide a distinctive and personalized experience for customers across the ten states where we operate mobile sports betting today, and we look forward to entering additional jurisdictions at the earliest opportunity.”
While DraftKings has built their brand on daily fantasy and sports betting in NJ, more of the revenue comes from online casinos.
On top of the sports betting world… for now
The company took the top spot in gross gaming revenue for iGaming in the very competitive New Jersey market, while placing second in Pennsylvania and West Virginia. They are planning to expand the DraftKings casino to Michigan when that market launches in early 2021.
DraftKings is now available in 10 states with 20 percent of the US population in the footprint, with three more states approving sports betting via referendum earlier this month. During the presentation, the company mentioned the possibility to join a newly privatized market in the province of Ontario for iGaming and sports betting.
While the company has shown revenue growth, there is one notable concern. In the report, the company listed $203 million in sales and marketing expenses for the quarter, nearly four times higher than last year’s $58 million for Q3.
DraftKings has spent significant money to create partnerships with major league franchises, athletes, and organizations to draw business. The company also ran major promotions for the opening weekends of the NFL season.
Q4 will be very interesting for DraftKings and other sports betting companies. The prolonged NBA and NHL seasons in the summer will prevent most games from happening this fall. College football has seen multiple games moved and teams opt-out of playing, while the NFL has largely avoided major disruptions from the coronavirus.
The Ivy League’s announcement Thursday to not play a winter schedule might not be the only one from mid-majors in college basketball. Despite the lack of a regular schedule, New Jersey announced a record in October with over $800 million in handle Friday.
If you enjoy watching and betting on football games but have been finding picking the winners extra hard this season, you have plenty of company.
$10 Free Football bet at Borgata and BetMGM
But here’s some great news. Borgata and BetMGM Online Casinos have come up with an outstanding weekly offer you can’t refuse. Every Monday, bet $10 on an online jackpot slot and get a FREE football bet for the same amount!
Games played in stadiums with no fans, canceled and rescheduled games, key players sidelined due to injuries or COVID-19, and scoring like the leagues have never seen before have coaches and handicappers alike scratching their heads this football season.
So if you can relate, one thing you should probably do is cut back on the size of your bets. Another is to take advantage of easy-to-access offers for free football bets like the one described here.
How it works
This is how the $10 Free Football bet promotion at Borgata and BetMGM Online Casinos works:
This special promotion started on Mon., Oct. 5, 2020 and continues every Monday through Dec. 28.
If you’re a registered player at either or both of these NJ gambling websites, all you have to do to get started is
use this exclusive link to log into your account on any applicable Monday and wager $10 on the online jackpot slot of your choice.
Win or lose, the casino will immediately credit your account with $10 to use for a free football bet. If you wish you can make your free bet on the Monday night football game the same day. Or if you prefer, you can save it for any other football game being played in the next seven days.
The $10 free bet must be on a single game, and it is valid for football only. You cannot use it for casino games, poker, or any other sport.
If you win, the casino will pay you your winnings from the bet but not the cost of the bet.
The offer can only be claimed on Mondays
Both Borgata and BetMGM Online Casinos are offering the identical promotion. The offer is valid every Monday for the duration of the 2020 regular NFL season. However, you can only access the offer on Monday.
So if you happen to open the promotion page on either website on any other day of the week and don’t find the promotion listed, don’t worry. The casino hasn’t discontinued the offer. It just doesn’t display it on any day but Monday because it is strictly a Monday promotion.
Also, while you can only access the promotion from the same website once any given Monday, you are welcome to do so again repeatedly on any other Monday this football season.
If you’re a registered player on both sites, it is not clear whether you can claim the same offer on the same from each site once. But, by all means, try!
How to enter
Here’s how to participate in the weekly $10 Free Football Bet promotion at Borgata and BetMGM Online Casinos:
Each Monday that you wish to participate, be sure to do the following:
- Log into your BorgataCasino.com or BetMGM.com account.
- Click on Promotions and opt-in to the offer.
- Wager $10 or more on the same day on any online Jackpot slot.
As soon as you meet this very small wagering requirement, a credit for a $10 free football bet will appear in your account.
But first, you have a tough decision to make. Which Jackpot slot should you play? You have a long list to choose from at both Borgata and BetMGM.
Which Jackpot slot is calling your name?
Both Borgata and BetMGM Online Casinos offer a wide variety of Jackpot slots, including all of the following:
- All You Can Spin Sushi*
- Biker Pigs*
- Book of Myths*
- Candy Shore
- Champagne Super Clover
- Divine Fortune
- Fire Drake
- Going Nuts*
- Loot “En Khamun*
- Luck O’ The Jackpot*
- Mango Madness*
- Melon Madness*
- Mercy of the Gods
- MGM Grand Millions*
- Money Boot
- Pirate’s Bounty
- Spin Bandit*
- Sweet Hawaii
- The Win Genie*
These other two Jackpot slots are at BetMGM only:
- Fruit Blaster*
- Serengeti Lion
*As of this writing, the shared top jackpot is over $455,000 and climbing!
Just in case the titles of these games aren’t enough to tempt you to play, surely the display of the ginormous jackpot you can win will!
Additional terms and conditions
If you want to wager more than $10 on the Jackpot slot, that will have no bearing on the size of your free football bet. It will still only be for $10.
Once the free football bet has been credited to your account, you can access it either online or via the Borgata or BetMGM mobile app. Simply log into Borgata Sports or BetMGM Sports using the same login as for your casino account.
Be sure to wager the entire $10 on a single football game within the allotted seven-day period. Also, keep in mind that any applicable surcharge or vig needs to be counted as part of the bet.
For example, if you want to make a cash bet against the point spread at a sportsbook, hoping to win $10, you would bet $11. Then, if you win, you would get back $21 (the $11 you bet plus the $10 you win).
But in this case, you’re betting a total of $10, not $11, and win or lose, Borgata or BetMGM keeps the cost of the free bet. So if you win, unless you are betting the underdog on the moneyline, expect to get back less than $10.
Furthermore, before you will be permitted to withdraw your winnings, you must meet an additional wagering requirement of 6x your free bet ($60). Presumably, this must also be on sports, However, the terms and conditions don’t specify whether it must be on football, and no time frame is given for completing the wagering either.
My advice would be to play it safe and place another $60 in football wagers the same day you are paid.
Too good to be true?
This free football bet offer is a no-brainer for every Borgata or BetMGM player. Here’s why:
$10 is a small amount to be betting on a football game. But as long as it is being offered to you as a weekly free bet, why not?
This promotion is great because even the smallest players can afford it. And for those of you who are sports betting novices, making small bets with zero risk to your own bankroll would be the perfect way to get your feet wet and see if football wagering is for you.
Those of you who wager a lot more than $10 on a game should also appreciate these weekly opportunities to try to add close to another $10 to your bankroll.
Each time, the point spread or over/under bet you make, hoping to win $100 loses, you lose $110, and over time all of those extra $10 losses add up. That’s why if you were to bet the same amount on every game all season long, whether it’s $100 or any other amount, a winning percentage of 50 percent won’t cut it.
You would need to win at a 53 percent or better clip to show a profit.
Conversely, a free $10 bet week after week can start adding up to more money than you think. In the worst-case-scenario, you don’t win your bet, but it costs you nothing. But you should be winning some of your free bets, too. If not, you should probably not bet on sports or at least study the game first and improve your handicapping skills.
So log into your Borgata or BetMGM account now before you forget so you can use your free football bet on the Monday night game.
DraftKings gave out millions in player credits and cash before the NFL season started and a cool million to someone in their NFL Survivor pool just for playing.
We’re still not sure how much players cashed on the Chiefs +101 promotion from the season opener. Believe it or not, they’re still not done. Introducing the DraftKings bet 1$ win 100$.
DraftKings Bet 1$ Win 100$
For new NJ sports betting accounts still waiting to get in the action, DK has a great intro deal for Week 2 of the NFL season.
Sign up for an account, deposit $5 or more, and get 100-1 odds at DraftKings on any pre-game moneyline for Sunday or Monday. It’s that simple.
- Any of the 15 games kicking off from Sunday afternoon to Monday night are eligible.
- Just sign up for an account using our exclusive link
- Make the deposit, and pick a game.
Like the 49ers to bounce back against the Jets? Take the boost.
Think the Titans can bring the Jaguars back to Earth? Pick the boost.
Believe the Steelers can go 2-0 at home against Denver? Go for it.
Use the boost once, and use it wisely. Once selected, it can’t be undone. It’s a dollar risk with a chance to turn that into $100 on one of the best books for promos, boosts, and options.
The site also has a variety of exciting NJ gambling website casino games, from slots to live dealer table games.
DraftKings DFS Millionaire Contest
If daily fantasy is more of your bag, DraftKings DFS has a special millionaire contest for new players.
- Click this link to set up a new account, make a qualifying deposit, and get in the exclusive game.
- This may be the best odds for anyone to become a DFS millionaire so don’t pass this up.
It’s a great opportunity to get familiar with one of the top daily fantasy sites in the world, with contests available everyday in major leagues nationally and internationally, racing, MMA, and other unique offerings.
If you’re one of the countless numbers of people who enjoy watching and following and perhaps betting on major sports, either on a casual basis or as an avid fan, the media giant ESPN needs no introduction.
If you’re a sports bettor and have access to the NJ sportsbooks, another name that should need no introduction is DraftKings.
A brief history of DraftKings Sportsbook in New Jersey
DraftKings Sportsbook is headquartered in Boston. The site was established in 2012 by Jason Robins, Matt Kalish, and Paul Liberman.
However, it is important to note that DraftKings got its start strictly in the area of Daily Fantasy Sports (DFS). In fact, even when full-scale sports betting was illegal not only in New Jersey but in virtually all US states, DraftKings was able to establish its presence legally in certain jurisdictions as a daily fantasy sports operator.
DraftKings debuted in New Jersey, but strictly as a DFS site, in August 2017. It became the 16th state to do so.
A year later, on Aug. 6, 2018, the company made an even bigger name for itself in New Jersey. Two months after sports betting became legal in this state, it became the first operator to launch an online sportsbook and mobile app for NJ players to go along with its already existing separate DFS offerings. You can read all about the DraftKings NJ digital sportsbook here on NJ Gambling Websites.
Then in November 2018, DraftKings followed up with a retail sportsbook at Resorts Casino Hotel in Atlantic City.
Today DraftKings ranks as one of the top generating sportsbooks in New Jersey. Furthermore, as DraftKings’ first ever full-scale digital and retail sportsbook, it has served as the model for the growing list of other DraftKings sportsbooks that have launched subsequently in other states, including West Virginia, Indiana, Pennsylvania, and more. DraftKings has also expanded into the international market, currently offering DFS products in eight foreign countries.
DraftKings official partnerships with the major leagues–and now ESPN
Now that an increasing number of US states have legalized or are working on legalizing sports betting, the major leagues have no choice but to embrace it. Thus, it is no surprise at all that DraftKings has already entered into multiple partnerships with the major leagues. DraftKings is the official DFS partner of the NFL, MLB, and PGA Tour, an authorized gaming operator of the NBA and MLB, and an official betting operator of the PGA.
But that’s not all. As of Sept. 14, 2020, DraftKings has also partnered with ESPN.
What the multi-year co-exclusive content agreement between DraftKings and ESPN entails
According to a Sept. 14, 2020 press release from DraftKings, the two organizations have entered into a multi-year partnership. Effective immediately, DraftKings Inc. becomes a “co-exclusive sportsbook link-out provider and exclusive daily fantasy sports provider” for ESPN digital platforms.
Under the terms of the agreement, DraftKings will be able to use ESPN’s widely accessed digital platforms to promote its own products and services. Links across ESPN digital platforms will connect interested sports fans to DraftKings’ offerings. You can access the links by visiting www.espn.com on your desktop or mobile device or with the ESPN Fantasy app.
In addition, existing and future ESPN studio shows will include segments promoting DraftKings, starting with the DraftKings sportsbook daily fantasy sports operation.
More about ESPN
ESPN is the acronym for Entertainment Sports Programming Network. It is the world’s leading sports entertainment enterprise, featuring eight US television networks, direct-to-consumer ESPN+, ESPN Radio, ESPN.com and the ESPN mobile app, ESPN International, and more.
ABC, Inc. owns 80 percent of the company, and Hearst owns the remaining 20 percent.
ESPN broadcasts some of the most widely viewed major league sporting events, including Monday night football and other NFL games, along with selected MLB and NBA games. You can also watch NASCAR and Indy Racing League (IRL) events, and all major golf events and tennis Grand Slam events as well as major international events in soccer, cricket, and other sports on ESPN.
Many sports fans also rely on ESPN as their go-to source not only for up-to-the-minute scores and game recaps for games not broadcast locally but also for important sports news and commentary.
Also, now that betting on the games is becoming increasingly accepted as an American pastime, the commentators have become very outspoken about their picks to win or cover the point spread as well. This does not mean that you should necessarily follow them and bet the same way, and definitely not bet the house on their say-so because they are frequently wrong. But you do get these professionals’ opinions free of charge for whatever they are worth.
Summary and conclusion
Just as you would expect, both DraftKings and ESPN are very excited to embark on their new partnership.
Jason Robins, Co-Founder, Chairman, and Chief Executive Officer of DraftKings had this to say:
“We look forward to this collaboration to exclusively showcase DraftKings’ daily fantasy content and offerings while also advancing further visibility and mainstream adoption of our regulated sports betting products.”
Meanwhile, Mark Walker, Senior Vice President of Business Development & Innovation for ESPN acknowledged ESPN’s own broadened role with regard to sports betting. It needs to address the fact that for a tremendous number of fans, watching sports events and betting them are now closely interrelated.
He brought that point out in the following statement:
“Sports betting is quickly becoming endemic to the overall experience of the overall experience of the sports fan.”
“To us, that means greater opportunities to innovate and deliver the best and most seamless experience for fans, which will ultimately expand ESPN’s brand and audience and increase engagement. It is an industry that we will continue to actively pursue as it grows and evolves.”
In summary, the new co-exclusive content integration agreement between the two sports powerhouses looks like a win-win-win–for DraftKings, ESPN, and you, the fans.
The 2020 sports season is like none other in history. Therefore, even now, with all of the major leagues back in action, no one can say with absolute certainty that it will continue that way uninterruptedly for the rest of the year.
But the great news for all of you football fans is that the fall NFL season stated on Thurs., 9/10, as scheduled, and will be followed by a full slate of games on Sunday and Monday.
More great news is that the Caesars Rewards Online $1 Million NFL Pick’Em Contest kicks off this weekend, too.
Entering The 2020 Caesars $1 Million NFL Pick’Em Contest is completely FREE!
This will be the third consecutive season for legal sports betting in New Jersey, and as always, of all of the sports betting options available to you, wagering on the NFL is by far the most popular. Along with all of the seasoned sports bettors, thousands of others who never place sports bets otherwise come out of the woodwork to root for and have a few bucks riding on their favorite teams.
But whether you choose to bet real money or not, NFL pick’em contests are also a lot of fun. And some of them, like the Caesars contest, everyone can access because entering doesn’t cost a cent.
The difference between the 2020 Caesars Rewards $1 Million NFL Pick’Em Contest and Caesars’ 2019 NFL Pick’Em contest
Last year Caesars Rewards also offered a free weekly NFL Pick’Em contest. Each week of the regular NFL season, participants had to pick which team they thought would win each of the Sunday and Monday games outright. They were allowed only one entry per week, which they made by swiping their Caesars Rewards card at one of the designated kiosks at Harrah’s, Bally’s, or Caesars Atlantic City.
Caesars offered a grand prize for any player who picked the correct winner of all 220 games included in the contest.
No one did, but the player with the most correct picks won two Super Bowl tickets, the player in second place won two tickets to the NFL Draft Experience in Las Vegas, and the player in third place won a Las Vegas Super Bowl Viewing Experience.
In addition, the 10 players with the most correct picks each week received a share of $10,000 in free play, and other players won prizes in weekly fan appreciation drawings.
This year, however, Caesars has made two important changes to the $1 Million NFL Pick’Em Contest. First and foremost, instead of entering your weekly picks at a participating Atlantic City casino, the entire contest will now take place online.
In addition, while your task is the same as before–to pick the winners of each Sunday and Monday NFL game–the weekly prize pool is much bigger, and so is the number of winners. Every week the 60 top players will win a share of $60,000!
Are you eligible to participate?
The Caesars Rewards NFL Pick’Em Contest is open to residents of all 50 states and Washington, D.C. who are age 21 or older. No purchase is necessary to enter or win, and a purchase will not improve your chances.
However, you must have access to a computer or mobile device, and you must be a Caesars Rewards member. If you’re not already a member, you can sign up free of charge at any Caesars Rewards center or online at https://www.caesars.com/program/, or via the Caesars Rewards mobile app.
How the 2020 Caesars Rewards $1 Million NFL Pick’Em Contest works
Before you can start making your weekly selections for this NFL Pick’Em Contest, you will need to register online at www.Caesars.com/NFLpickem and log in using your Caesars Rewards account information.
You also need to create a nickname for Caesars to use on the weekly leaderboards. Your nickname cannot be or be construed as offensive.
The leaderboards, which will be publicly available, will display each participant’s contest nickname, his or her current number of points, and current rank.
The contest starts with week 1 of the regular NFL season and continues each week thereafter through week 17. However, it will include the Sunday and Monday games only. Therefore, assuming all of these games are played and completed all 17 weeks as scheduled, the contest will include a total of 238 games.
Activating your entries
In order for your correct picks each week to count and get points for them, however, you need to activate your entries. You can do this in either of the following ways:
- Earn at least one Tier Credit the same week playing games for real money at a participating Caesars Rewards property. Only slots, video poker, keno, and table games count, not sports bets or poker. You have any time from the preceding Monday to 15 minutes before the start of the first game on Sunday to activate your entries in this manner.
- By mail: Complete the online entry form here or legibly print on a separate piece of paper your full name, Caesars Rewards account number, date of birth, phone number, email address, and week number of the contest.
- Then mail the form in an envelope with first-class postage to Caesars Entertainment, One Harrah’s Court, Las Vegas, NV 89119, Attn: Caesars Rewards NFL Pick’Em Promotion. All mail-in activations must be postmarked no later than the preceding Tuesday and received no later than Saturday of the applicable week.
What each week’s entries must include
The period for making your picks for both the Sunday games and the Monday game(s) each week of the contest opens the preceding Monday at 12 a.m. PT (3 a.m. ET) and closes 15 minutes before the start of the first game on Sunday.
Your task for each game is to pick which team you think will win outright. Whether or not the team covers the point spread doesn’t matter.
Don’t omit any games. If you have no idea which team will win or you can’t make up your mind, guess anyway because you might still be right.
The same applies to the total score for the last NFL game each week. You need to enter what you think will be the total score for both teams combined in the last NFL game being played each week.
Caesars will use this information as a tie-breaker, if necessary. These are the games for which you will need to enter a total score:
- Week 1: Second Monday night football game (Denver Broncos vs. Tennessee Titans)
- Weeks 2-16: Monday night football game
- Week 17: Sunday night football game
If a tie still exists after the designated tiebreaker is applied or if the game gets postponed or canceled, no tie-breaker will be used that week and the winners will share the applicable prizes equally.
Weekly prizes in the Caesars Rewards Online $1 Million NFL Pick’Em Contest
You will receive one point for each correct pick. Or, if a game ends in a tie, either team will count as a correct pick.
Each week of the contest, the top 60 participants with the most points will receive a share of the $60,000 prize pool. The prizes will be distributed as follows:
|Weekly Leaderboard Points||Prize|
|1st place||$20,000 cash|
|2nd-5th place||$2,500 cash|
|6th-10th place||$1,000 cash|
|11th-60th place||50,000 Reward Credits (est. retail value of $500|
Claiming your prizes
Caesars will contact potential prize winners using the contact information included with their Caesars Rewards account. Potential winners will then need to complete and return an affidavit of eligibility, along with a release of liability, tax paperwork, and publicity release documents within 48 hours.
All claims for prizes will be subject to validation. You are not a winner until you receive official notification from the Sponsor.
Winners of cash prizes will receive their prize in the form of a check mailed to the address on record within 30 days of being claimed. Any taxes associated with these prizes are the sole responsibility of the recipient.
Reward Credits won in this promotion cannot be exchanged for cash but can be redeemed in accordance with the rules of the Caesars Rewards program.
All prizes are non-transferable and non-exchangeable.
Three ways to place your sports bets–online, via a mobile app, or in-person
Unless you activate your weekly entries by mail, you will need to visit a participating property at least once for this purpose. However, betting on any of the games is optional.
If you do decide to bet, as always, you have many choices. For example, all of the Atlantic City casino-affiliated sportsbooks are ready when you are to take your bets online or on your mobile device anywhere in New Jersey or, if you prefer, at the sportsbook itself.
You will find a complete list of all of your online, mobile, and retail NJ sports betting options on NJ Gambling Websites.
When Caesars Rewards first announced the 2020 NFL Pick-Em Contest, its two Atlantic City sportsbooks were still closed. That is why Caesars decided to run the contest online even though both sportsbooks have since reopened.
All of the Atlantic City casino sportsbooks, including those at Bally’s Wild West and Harrah’s Resort, which had been closed all summer, are now open for extended hours daily.
So if you wish, making your bet in person and watching multiple games at once, including in-play bets, on giant size screens at the sportsbook is again an option.
But different sportsbooks may have different policies regarding hours of operation, kiosk availability, whether seating is by reservation or first come first served, and whether or not you can eat and drink on the premises. In any case, maintaining social distancing and wearing a mask (except when eating or drinking) are required.
Caesars is converting their Atlantic City sportsbooks to William Hill
In addition, the sportsbooks at Bally’s Wild Wild West and Harrah’s, formerly known as The Book at Bally’s and the Book at Harrah’s, are currently in the process of being converted to William Hill Sportsbooks.
As of this writing, you can still present your Caesars Rewards card when you place your bets to receive Reward Credits and Tier Credits, but at some point (probably soon), this benefit will cease. The previous policy of handing out vouchers for free drinks to anyone who wagered $50 or more has already stopped.
William Hill has operated the sportsbook at Tropicana Atlantic City from day 1 and will continue to do so. After the Caesars-Eldorado merger, I hoped that the Tropicana sportsbook would convert to a Caesars-Rewards sportsbook since casino play at the Tropicana now earns Caesars Rewards. But for sports betting, the reverse is true.
Instead of presenting your Caesars Rewards card if you want to get credit for your sports bets at Bally’s or Harrah’s, just like at the Tropicana, you will need to show a William Hill Sports Rewards card. This is significant and not good news for anyone who bets a large amount of money on sports.
Under the previous arrangement, you would earn 1 Reward Credit and 1 Tier Credit for every dollar wagered. That would add up to $50 in comps and 5,000 Tier Credits once your wagers reached $5,000. However, the same $5,000 wagered on straight bets at William Hill earns you nothing more than a free $5 bet.
The choice of either a casino or sports betting Welcome Bonus for new players has also been discontinued
I don’t know how Caesars Casino & Sports will reward players for their online and mobile sports bets going forward.
However, the Welcome Bonus for new players of a 100 percent deposit match bonus up to $300 on their first deposit no longer offers a choice of either a casino bonus or sports betting bonus. It’s now valid for casino games only.
Are you ready to win some big money this football season?
In summary, I can’t say I love everything about the Caesars Rewards program. But giving credit where credit is due, I commend the people who designed this year’s $1 Million NFL Pick’Em Contest for offering a great opportunity for football fans all over the country.
There’s no entry fee whatsoever. And with 60 huge prizes being handed out each week, how could you not want to take a shot?
The NFL season is almost here (finally) and for experts in the Garden State, that means time for pick’em contests. One great option is the PlaySugarHouse.com Pick’em Challenge, which will offer at least $100,000 in cash prizes.
The contest offers a grand prize of $30,000 to the top performer after the competition ends. The entry fee is $150 but players can get in at $125 if signed up by Monday, September 7th.
Players will pick straight-up winners each week for the length of the season, starting at 5 PM Tuesday up to Sunday afternoon early kickoff. There doesn’t appear to be a minimum or maximum of picks to be made. Top performers each week will receive $1,000. Also, players will be allowed to make picks every week, unlike others that offer “bye weeks”.
Sugarhouse Sportsbook NFL Contest
In the age of coronavirus, PlaySugarHouse Sportsbook has accounted for a potential gap in games or shortening of the 2020 season. The contest becomes official after the halfway point of the season. If the NFL plays eight weeks or less, all entry fees will be refunded. Players can enter a maximum of 25 teams.
Should the contest gross over $100,000 in entry fees, the pool will grow accordingly. At least 100 players will payout with the current format. Also, the worst-performing player will get $500 as the Biggest Loser for the most missed picks. That’s not a bad booby prize.
Signing up is a breeze. Log in to PlaySugarHouse.com or create an account and click on the Pick’em link. Then get ready for 17 weeks (fingers crossed) of exciting NFL action!
This is a major opportunity for New Jersey players as this is exclusive to the Garden State. Other sites are looking to multi-state pools for bigger contests. However, these also mean fewer entries finish “in the money” and could limit interest. PlaySugarHouse.com is offering a deal for NJ residents which means more of your friends are going against you and less national pros.
You know the old saying if it sounds to be good to be true, it probably is. Therefore, when I first heard about the $100 Million Golden Ticket Giveaway at DraftKings Online Sportsbook, with a FREE chance to win $1 million, I was skeptical. How could this be? There must be a catch–or maybe not.
My curiosity led me to read the fine print so I could fully understand what this offer entails. If your curiosity has been piqued, too, read on.
When DraftKings will hold the free Golden Ticket Giveaway and are you eligible?
This promotion got underway at 9 a.m. ET on August 14. But you have until 10 a.m. ET Sun., Sept. 13 to opt-in. DraftKings is calling it the $100 Million Golden Ticket Giveaway, and the 2020 NFL regular season marks the first time ever that this gambling website is offering it.
The DraftKings Golden Ticket Giveaway is open to registered DraftKings account holders only. Therefore, if you wish to enter but are not already signed up, the first thing you need to do is open an account with the site.
NJ residence is not required. Anyone with an active DraftKings account in good standing who resides anywhere in the US except Florida and New York who meets the minimum age requirements for gambling in his or her state can participate.
How the DraftKings Golden Ticket Giveaway works
The Golden Ticket Giveaway itself will be run as a sweepstakes. No purchase is required to enter, and spending money on the site will not increase your odds of winning. Everyone who participates has an equal opportunity to win.
On September 13, the first Sunday of the 2020 NFL regular season, DraftKings will randomly pick one individual to win $1 million in cash.
The math isn’t clear how the total amount that DraftKings will give away equals $100 million. But that’s the total amount of prize money that DraftKings claims is up for grabs.
However, in order to have a shot at the September 13 million dollar prize, you must also agree to participate in the DraftKings NFL Survivor Pool. The Survivor Pool is also free to enter but requires not just good luck but great handicapping skills. It comes with a winner takes all prize of $1 million as well.
Get an instant reward just for entering
Of course, as great as it would be to win $1 million even once or maybe more than once, especially since it costs you nothing, the odds are overwhelmingly stacked against you. So assuming that neither the Golden Ticket Giveaway nor the requisite Survival Pool contest turns you into a millionaire, does that mean you walk away from this promotion empty-handed?
Not at all. Simply for opting-in to the free DraftKings NFL Survivor Pool, besides automatically receiving a free entry into the Golden Ticket Giveaway as well, you also receive an instant reward.
The reward can be for any of these seven amounts: $5, $10, $20, $100, $500, $1,000, or $25,000.
The $5, $10, $20, $100, and $500 rewards are all issued in the form of a site credit that you can only use at DraftKings and must use by September 30. Otherwise, the reward will expire. However, the $1,000 and $25,000 instant rewards are dispensed as immediately withdrawable cash.
If you’re the Golden Ticket Giveaway winner of $1 million–
On September 13, DraftKings will hold a random drawing among all eligible Golden Ticket Giveaway entries to select the winner of the $1 million prize. The recipient will have up to 72 hours to claim the prize.
The potential winner must also satisfy other eligibility and compliance stipulations and agree to interviews with the sponsor and media.
Any applicable federal, state, and local taxes associated with the million-dollar prize will also be the sole responsibility of the prizewinner.
The separate $1 million season-long Survivor Pool
Each week of the 2020 NFL regular season, starting with the opening week, the task is to pick one team that you think will win its game outright. If you pick correctly, you “survive” to make another pick the following week.
However, you cannot pick the same team more than once.
You must submit your one pick for the week before 1 p.m. ET on Sunday for a Sunday or Monday game and before kickoff on Thursday for Thursday night games.
Picking correctly will probably be easier early in the season than later, especially after the bye weeks start, and the better teams will either not be playing or you will have already used them. You may have no choice then but to depend on a lesser team to rise to the occasion.
The last player standing will win $1 million. Or at the end of the season, if multiple players are still standing, they will share the prize.
The bottom line
There you have it—a guaranteed reward of at least $5 but possibly as much as $25,000 just for entering plus free shots at two $1 million prizes. How can you say no to an offer like that?
I told you about another golden opportunity to win big money in my July 27, 2090 article on NJ Gambling Websites entitled “Win Up To $1 Million in DraftKings NFL Pick’Em Contest.” However, as of now, participation is limited to players in New Jersey and New Hampshire. The contest also comes with a steep $1,500 entry fee.
So in case the NFL Pick’Em Contest is not a viable option, now you have an exciting alternative to consider with the DraftKings Golden Ticket Giveaway. Or enter both promotions. Either way, this could be your winningest football season yet!
Still getting used to watching the NBA play on an empty, neutral court in the summer? Yeah, it’s kinda odd. Well, FOX Bet is willing to offer something almost never seen by a sportsbook: payout for losing bets.
Bet $1 on any Philadelphia 76ers market as the first bet on FoxBet and your account will get $76 in free bets, even if the bet loses. Yeah, seriously.
Sign up, deposit, and place a $1 bet on any Sixers bet (moneyline, spread, total, or players’ props) and $76 in free bets will appear 48 hours after the bet clears.
Fox Bet 76ers Offer is the Real Deal
The Sixers have been a more inconsistent team to watch in the bubble. Ok, that’s being nice. The one game they needed the most against Indiana they blew a late lead and may have cemented themselves in the sixth seed. They almost blew another lead to San Antonio and lost Ben Simmons against the Wizards. It’s been painful and might get worse.
The FOX Bet Sportsbook deal takes away the need to sweat out any bet to earn the cashout. You can still watch the games, we won’t judge. Once the money hits the account, players have seven days to place the free bets, on any sport. Play that 6-leg parlay, take some futures action, bet more consistent teams. FoxBet offers a lot of same-day bet boosts and promotions that deserve consideration.
The promotion runs through August and is only for new accounts that registered after the start of the month. The Sixers regular season ends on August 14th with no dates set for the first round of the playoffs.
While that does mean the free bets may not last into the start of football, it will allow players to get acclimated to the FoxBet offerings and take advantage of in-game betting. Sign up, make a deposit, and see what happens.
After a long hiatus when NJ sports betting on all of the major leagues came to a virtual standstill, your favorite teams are finally back in action in a big way. Although the NJ online sportsbooks never closed, with MLB, MLS, the NBA, and NHL all sidelined, your options were so limited that most of you probably stayed away.
Now, however, all of these sports are back. And on Sept. 10, the regular NFL season will kick off as well. But for those of you would like to make NFL future bets, why wait? All of the NJ online sportsbooks are offering these bets now, and you might get better odds than if you wait until September or later.
If you’re already registered with one or more NJ online sportsbooks, now is a great time to explore your options. Or if you’re not yet signed up at any NJ online sportsbook, use our handy link on NJ Gambling Websites to receive a generous welcome offer when you make your first deposit.
Either way, the sports betting special offers and promotions are not limited to first-time players. Existing NJ online sportsbook account holders can take advantage of some great offers, too.
NJ sports betting offer you can’t refuse-–Free Bets
As a gambler, you’re told again and again that “there’s no such thing as a sure thing.” Or, in everyday terminology, “there’s no such thing as a free lunch.”
Well, virtually every rule has an exception, and this is one of them.
One type of offer that’s perfect for any size bettor and that anyone who enjoys sports betting can and should take advantage of is a free bet.
More specifically, anytime a sportsbook offers you a free bet, you should gladly take it because it carries no risk to your own bankroll at all. Even if you lose the bet, you don’t lose a cent of your own money. Or you can win.
In other words, a free bet is as close to a sure thing as you can find in sports betting. Since it’s a bet you can’t lose, if making money matters to you, it’s an offer you can’t afford to refuse!
Check out the recurring free bets offer at BetMGM Sportsbook and the risk-free bet offers at Hard Rock Sportsbook described below.
The BetMGM offer is a recurring one that anyone betting $50 or more per week can access on a weekly basis. Your weekly free bet is only $10. But week after week, it adds up, and you have lots of flexibility in your choice of wagers.
The Hard Rock offer is different because it’s a risk-free bet. So instead of the sportsbook giving you the money to make a free wager upfront, you must make both the qualifying bet and the follow-up bet with your own funds. But if you lose the latter, the sportsbook will return the entire cost back to you as immediately withdrawable cash. No need to make another wager if you prefer not to do so.
Best of all, losing a real money bet is not required at either sportsbook, as it generally is when a free bet offer is included in the welcome offer for new sign-ups. As an already existing customer, you can win and still qualify for these free bet and risk-free bet offers!
Weekly Free Bets at BetMGM Sportsbook
Start each week with a $10 Free Bet at BetMGM Sportsbook!
Sports betting at BetMGM Sportsbook has gotten more rewarding. Simply wager a total of $50 or more in qualifying wagers over the course of any given week (Mon.-Sun.), and win or lose, the following Monday, you will receive a $10 free bet! You can use the free bet on any game of your choosing.
How to participate in the BetMGM weekly Free Bet offer
The first week you wish to participate, here are the steps you need to follow:
- Log in to the BetMGM Sports NJ app on your Apple iOS or Android mobile device.
- Opt-in to the Money Monday Club
- Place a total of $50 or more in qualifying wagers over the course of the week.
Within 24 hours of the end of the promotion period, BetMGM will issue you a $10 free bet, which you can also use on any sport of your choosing.
Thereafter, you are automatically opted-in for the same offer for future weeks. However, each week’s play is tabulated separately. You cannot carry wagers over from one week to the next.
Additional terms and conditions
This promotion is ongoing and will continue weekly through December 31, 2020, unless the BetMGM website subsequently informs you otherwise. However, you can only access the offer once per week.
The minimum odds for each qualifying bet are -300 or greater. In addition, the outcome of your bet must be decided within the same promotional period in which you make the bet.
Do not cash out any bets that you wish to have counted as qualifying bets until the following week, as cashed out bets will not be considered.
You can redeem your $10 free bets either online or on the BetMGM mobile app. However, you must bet the entire $10 on a single wager within seven days.
The free bet is valid for sports betting only and cannot be used for casino games or poker.
If you win your free bet, you will receive the winnings but not the amount of the bet as a credit to your account.
Risk-Free Bets at Hard Rock Sportsbook
Hard Rock Sportsbook has come up with a potentially even more lucrative offer. However, it doesn’t give you the same degree of flexibility as the BetMGM offer since it applies to in-play bets only.
Make an in-play bet of $50 or more this week and get a risk-free bet next week
This offer runs through 11:59 p.m. Sun., Aug. 9 only. I contacted customer support to inquire if it will be extended after that, but the representative did not know.
In any case, you still have time to take advantage of it this week.
Simply place a single in-play wager of $50 or more in any sport anytime between now and 11:59 p.m. Sun., Aug. 9.
Win or lose, Hard Rock Sportsbook will reward you on Monday with a risk-free bet. However, the amount of the risk-free bet will vary as listed below based on the amount of your qualifying wager:
- $50 to $99: Get a $10 Risk-Free Bet
- $100 to $199: Get a $20 Risk-Free Bet
- $200 or more: Get a $50 Risk-Free Bet
How to participate in the Hard Rock Sportsbook promotion for a risk-free bet up to $50
If you’re a registered player at Hard Rock online and wish to take advantage of this offer, here are the steps you need to follow:
- Log in to your HardRockCasino.com or HardRockSports.com account before the end of the promotion period.
- Opt-in to the Risk-Free Bet promotion.
- Place a single in-play sports bet of $50 or more on any eligible game of your choosing.
Win or lose, depending on the amount of your wager, you will receive an offer for a risk-free bet of $10, $20, or $50 on Monday.
Additional terms and conditions
It remains to be seen whether or not Hard Rock Sportsbook will extend this offer. Meanwhile, be sure you understand all of the applicable terms and conditions.
The qualifying bet must be a single in-play wager. Straight bets, parlays, and futures don’t count. Wagers where the favorite has odds of -150 or greater will also not count.
Players who qualify for the $10, $20, or $50 risk-free bet from this offer will receive it within 24 hours of the end of the promotion period.
The risk-free bet must also be an in-play bet, and you need to make it within seven days of receiving the offer.
As with the qualifying wager, you must use your own funds. However, if you lose the bet, Hard Rock will refund the entire cost of the bet as immediately withdrawable cash.
On the other hand, if you win the risk-free bet, it is treated just like a regular winning bet. Both the cost of the bet and your winnings from the bet will be promptly credited to the cash balance in your account.
$100 risk-free bet for first-time sports bettors
If you will be making your first sports betting play at Hard Rock online, even if you have already accessed the Welcome Bonus for casino players, this NJ gambling website has another special offer for you that’s even better.
It’s a $100 risk-free free sports bet!
If you’re eligible, here’s what you need to do to get started:
- Log in to your HardRockCasino.com or HardRock Sports.com account.
- Click on the button to opt-in to this promotion.
- Deposit $100 or more.
- Then make a $100 in-play wager in any sport of your choice within the next seven days.
Within 24 hours of the bet being settled, win or lose, the cash balance in your account will be greater than it was just after you made the bet.
If you win, both the cost of your bet and winnings will be credited to your account cash balance.
However, if you lose the wager, you will still receive the entire $100 back in your cash balance. Then, it’s entirely up to you whether you would like to re-wager the money on other games or simply withdraw it. You are under no obligation to make another wager if you prefer not to do so.
The Hard Rock website does not specify any end-date for this promotion for first-time sports bettors, so it should be ongoing indefinitely.
The 2020-21 NFL regular season will kick off on Thurs., Sept. 10, and DraftKings is pulling out all the stops to help make it your winningest season yet. It’s the brand new DraftKings NFL Pick’Em Contest!
This will be one of the biggest NFL handicapping contests ever offered on NJ gambling websites, featuring both weekly and end-of-season prizes for the most successful handicappers, including a Grand Prize of a cool $1 million.
How the 2020 DraftKings NFL Pick’Em Contest works
As of this writing, the contest is open to NJ players only. However, between now and the start of the season, DraftKings may extend the invitation to players in select other states.
$1,500 entry fee
If you want to win big, you sometimes have to spend big, and the DraftKings NFL Pick’Em Contest is one of those instances.
The fee for entering is a hefty $1,500.
So clearly, the contest is priced out of many otherwise interested participants’ reach. As with any online casino or sportsbook promotion, if the cost is more than you can comfortably afford, as tempted as you might be, based on the substantial prizes you can win, you should skip it and seek out other offers that are more friendly to your budget.
Handicapping skill is important, too
On the other hand, even if you can afford the $1,500 fee, to lessen the chance of wasting your money, before you proceed gung-ho, you should ask yourself another question. Do you feel you are sufficiently knowledgeable about handicapping professional football to zero in on five games each week where you have a better than average chance of beating the point spread?
If so, the DraftKings NFL Pick’Em Contest is an opportunity you should not pass up. On top of all the fun and excitement this contest provides all season long, you could wind up pocketing many times your investment.
The contest runs from week 1 through week 16 of the 17-week regular NFL season. Your task is to pick five games against the point spread posted at the time by DraftKings each week. However, you also get to skip any two of those weeks you wish as bye weeks where you don’t submit any picks.
In other words, you will need to make five point spread picks each week for 14 of the 16 weeks, for a total of 70 picks.
All picks must be made by 10 a.m. EST on the Sunday of the applicable week.
How to participate in the 2020 DraftKings NFL Pick’Em Contest
If you are new to DraftKings Sportsbook, first, you will need to register and set up an account. Otherwise, simply log-in to your account and click on the “Pools” tab.
Follow the directions given on the website for paying the entry fee.
What you can win in the 2020 DraftKings NFL Pick’Em Contest
If you pick all five of your games in any given week correctly, you will win a free $100 bet at DraftKings Sportsbook.
In addition, at the end of the season, DraftKings will award larger cash prizes to the 50 players with the best overall record, including a guaranteed $1 million Grand Prize to the player who finishes in first place.
The following table shows how the 50 prizes will be distributed.
If the 2020 NFL season is delayed or canceled
Hopefully, the still ongoing COVID-19 pandemic will not cause the upcoming NFL season to be delayed or canceled, but it remains a possibility. If that is the case, DraftKings has the following contingency plans in place:
- If the season starts after the scheduled Sept. 10 start date, DraftKings will adjust the start of the contest accordingly.
- If the season is canceled before Week 12, your entry fee will be refunded.
- If the season gets canceled between Weeks 12 and 16, all of the payouts for the end-of-season winners will be honored. However, rankings will be made based on the percentage of correct picks rather than the total number of picks to be equally fair to players with fewer picks because they have used one or both of their byes.
The bottom line
Many football handicapping contests require you to make picks on every game. This contest only asks you to make five picks each week. So it is not only an excellent test of a person’s handicapping skill but more in line with the way you would probably bet on sports otherwise, that is betting select games each week rather than all of them.
For those of you who are brand new to sports betting, however, I recommend getting your feet wet with a free or cheap football picks contest rather than this one. You will be up against a very tough field of top-notch handicappers, and while you could have beginner’s luck, finishing in the money is a big longshot.
But if you love football and have not only the requisite funds but also the interest and knowhow to have a good chance to excel in the DraftKings NFL Pick’Em Contest, the sky is the limit.