What is the mechanism behind using bonus bets on FanDuel?

On FanDuel, bonus bets function as additional funds that users can use to place wagers across the platform's sports betting offerings. When a user receives a bonus bet, it is added to their special bonus balance rather than their real money balance. To utilize a bonus bet, the individual selects their desired wager and activates the bonus bet option from their account. The stake for that wager is then taken from the bonus balance instead of the real money funds. If the wager wins, the user typically receives the winnings minus the initial bonus stake amount, as per the terms and conditions of FanDuel's bonuses. Bonus bets are promotional tools designed to engage users by providing an incentive to participate in more betting activities without immediately risking their own cash.