One of the most popular promotions in the sports betting community is back again this week: Dinger Tuesday from FanDuel.
The promotion allows each user to bet $25 on one player in every MLB game played that day to hit a home run. Regardless of whether the player you bet on homers, you receive $5 in free bets back for each home run hit in the game, with a max return of $25 for the game.
Some users have been limited by FanDuel this season and are only allowed to receive a maximum $50 back in free bets – essentially 10 free homers back for the day in free bets. Last season, there were no limits on the promotion for any players.
Given the average number of home runs in an MLB game in 2022 was 2.14, you will receive an average of $10.07 in free bets back for each $25 home run bet you make, without accounting for the loss in expected value on the vig of the home run yes prop.