Chalkboard Promo Code LABS1: 100% Deposit Match up to $100 + Free Pick! (March 2026)

chalkboard promo code LABS1

Updated on 3/31/26

Chalkboard
Get a 100% Deposit Match up to $100 + Free Pick!
No Purchase Necessary. Void where prohibited. All bonus funds returned from free entries require a 1x play-through before withdrawal. Other restrictions apply. See chalkboard.io for details and contact information. Age, location and other restrictions apply. Must be 18+ to enter (19+NE, 21+ MA) and present in a state where Chalkboard operates. Terms apply. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org.

The Chalkboard promo code is LABS1. Just use our links and enter it at signup to claim the Chalkboard Fantasy welcome bonus of: Get a 100% Deposit Match up to $100 + Free Pick! This no-deposit bonus is hard to beat in the DFS space, so we highly recommend taking advantage of it.

Here at FantasyLabs, we’re providing a full review of the Chalkboard Fantasy promo code & new-user offer. Plus, we’ll discuss how this DFS app/social sportsbook works and how you can start playing today.

Chalkboard Promo Code Details (March 2026)

The current Chalkboard promo code is LABS1. New users can use it to get Chalkboard’s current new-user promo pack, which includes a 100% deposit/purchase match card up to $100 in bonus funds, two boost cards, and a free pick. Chalkboard’s promo-pack terms also state that no deposit is required to receive the pack.

That gives new users a clearer starting point than the usual one-line signup promo. Instead of a single bonus, Chalkboard bundles the offer into a pack that can include playable account value and entry-related boosts right after signup. Bonus funds are playable, but Chalkboard says they’re not immediately withdrawable and are subject to a 1x play-through requirement before additional withdrawals can be made.

📲 Chalkboard Fantasy Promo CodeLABS1
💰 Chalkboard Fantasy Welcome OfferGet a 100% Deposit Match up to $100 + Free Pick!
💵 Minimum Entry$1
🤑 Max PayoutUp to 5000x or $40,000 (subject to change)
📍 Legal StatesAK, AR, CA, DC, DE, FL, GA, IL, IN, KS, KY, MA, ME, MN, MO, NC, ND, NE, NH, NM, OK, OR, PA, RI, SC, SD, TX, UT, VA, VT, WI, WV, WY
🏦 Banking MethodsCredit/debit cards (Visa, Mastercard, Discover), PayPal, Venmo, and Bank transfers (ACH), Google Pay, Apple Pay
📝 Terms & ConditionsNo Purchase Necessary. Void where prohibited. All bonus funds returned from free entries require a 1x play-through before withdrawal. Other restrictions apply. See chalkboard.io for details and contact information. Age, location and other restrictions apply. Must be 18+ to enter (19+NE, 21+ MA) and present in a state where Chalkboard operates. Terms apply. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org.
🏀​ Games TodayUse the promo code LABS1 for Knicks vs Hornets, Diamondbacks vs. Dodgers (MLB), CBB Final 16 action today.
✅​ Verified OnMarch 24th, 2026

New users who sign up with Chalkboard promo code LABS1 receive Chalkboard’s current New User Promo Pack. Chalkboard’s help center says that pack includes two boost cards, one 100% deposit/purchase match card up to $100 in bonus funds, and a free pick. The exact gameplay available after signup depends on your location, since Chalkboard separates access by product type and state.

The best part? No deposit is required to claim the offer. That said, Chalkboard also notes that bonus funds are promotional, cannot be withdrawn as cash, and are subject to the platform’s 1x play-through policy before further withdrawals can be made.

This differentiates Chalkboard’s promo from other DFS promos, including the Underdog promo code and PrizePicks promo code.

Get a 100% Deposit Match up to $100 + Free Pick!
Verified: 3/31/26

How to Claim the Chalkboard Promo Code

Using Chalkboard promo code LABS1 takes only a few steps:

  1. Open Chalkboard through a signup link.
  2. Create your account with your mobile number.
  3. Complete identity and location verification if prompted.
  4. Enter LABS1 in the promo or referral code field.
  5. Finish registration and open your new-user promo pack.

For eligible users, the pack includes two boost cards, one 100% deposit/purchase match card up to $100 in bonus funds, and a free pick. Also, Chalkboard requires a one-time play-through on deposit and promotional funds before additional withdrawals can be made. Bonus cash is playable but not immediately withdrawable, while winnings generated from those entries can become playable and/or withdrawable under the platform’s withdrawal rules.

Chalkboard Wallet Guide: Real Money vs. Social CB Cash

Chalkboard operates with a “dual-mode” infrastructure to ensure compliance across various state regulations. Depending on your physical location, the app will automatically toggle between two distinct wallet systems:

1. DFS Pick’em Mode (Real Money)

In traditional DFS states, Chalkboard functions like a standard fantasy app. You deposit cash and play for cash.

  • Bonus: A 100% Deposit Match up to $100 plus a New User Free Square.
  • Currency: USD ($).
  • Withdrawals: Winnings are withdrawable once you meet a simple 1x play-through requirement on your bonus funds.

2. Social Sports Picks Mode (Sweepstakes)

In states where traditional DFS pick’em is restricted, Chalkboard utilizes a legal sweepstakes model. This version is often preferred by sports bettors because it includes Moneylines, Spreads, and Totals—features not found in the DFS version.

  • Chalkboard Coins: These are for “social” play only. They have no cash value and are used for practice or climbing community leaderboards.
  • CB Cash: This is the promotional sweepstakes currency used for real-prize entries. 1 unit of CB Cash = $1 USD.
  • Bonus: A 50% Purchase Match on Coin bundles, which includes a bonus of Free CB Cash and a Free Square.

Why the Bonus Structure Varies

While the LABS1 promo code works in all legal states, the structure adjusts based on your local currency system:

  1. DFS States: 100% Deposit Match up to $100.
  2. Social States: 50% Purchase Match + Free CB Cash.

What is a Chalkboard “Free Square”? (The Free Pick)

When you see Chalkboard mention a “Free Pick” as part of their welcome offer, they are referring to what the DFS community calls a Free Square.

A Free Square is a promotional player projection that is mathematically discounted to almost zero (usually 0.5) to ensure it hits. For example, instead of needing an NBA star to score his usual 30 points, Chalkboard will “discount the board” to 0.5 Points. As long as that player scores just one bucket, that part of your entry is a winner.

How to Maximize Your LABS1 Bonus Today

The mid-week grind often provides unique +EV spots as teams settle into their road trips. If you’re using your bonus for the Warriors vs. Celtics (7:00 PM ET) or the Lakers vs. Rockets (9:30 PM ET) nightcaps on ESPN, here is your roadmap:

  • The ESPN Wednesday Slate: Reminder for NBA fans—tonight’s marquee matchups have moved to ESPN. Managing your entries while tracking live “Stat Turbos” in the Chalkboard social feed is the best way to catch line movement before the liquidity dries up.
  • Targeting High Usage: Tonight features several stars with massive offensive gravity. Jaylen Brown and Luka Doncic are seeing volume that makes their “More” projections look like strong anchors for a Safe Build.
  • March Madness Prep: Use today to “wash” your matched funds through pro props or tonight’s First Four action on truTV. By the time the First Round begins tomorrow, your bonus funds should be converted to withdrawable cash, giving you full flexibility to attack the tournament board.

How the Free Square Works:

  • It’s a “Gimme”: As long as that player starts the game and gains 1 yard, that part of your entry is a winner.
  • Building Your Entry: You pair this “Free Square” with any other standard player pick (like a “More/Less” on points or rebounds) to complete your entry.
  • New User Perk: These are most common for new players using the promo code LABS1 to help you win your very first contest.

Summary: Free Pick = Free Square = Discounted Board. It’s the same “easy win” designed to get your bankroll started.

Benefits of Playing on Chalkboard Fantasy

Why choose Chalkboard over traditional DFS giants? Beyond the code LABS1, the platform offers several unique “trader” advantages:

  • Customizable Risk: Unlike fixed-payout apps, Chalkboard allows you to toggle between Shield Play (insurance) and Max Cash (pure upside).
  • Real-Time Social Liquidity: The app’s integrated chat allows you to see where the community is leaning, which often signals late-breaking news or line shifts.
  • Dynamic Multipliers: Chalkboard’s multipliers provide more granular value than the flat payouts found on other pick’em platforms.

Chalkboard vs. Competitor Promo Codes (March 2026)

How does the Chalkboard welcome offer stack up against the other giants in the DFS space? While Chalkboard offers a unique mix of a deposit match and a free pick, other apps like Underdog, Dabble or Sleeper provide different ways to get started.

DFS AppPromo CodeWelcome Offer
ChalkboardLABS1Get a 100% Deposit Match up to $100 + Free Pick!
UnderdogLABSPlay $5, Get $50 in Bonus Entries!
SleeperLABSMAXGet Free $20+100% Deposit Match up to $100!
DabbleLABSGet $10 When You Sign-Up to Dabble!

How Chalkboard Picks Work

On Chalkboard DFS, users build entries by selecting 2 to 8 player projections and choosing whether each player will finish more or less than the listed performance metric. Payout scales with the mix of projections selected, with a maximum of 5000x your entry fee or $40,000, subject to change. 

For new users signing up with promo code LABS1, the main thing to understand is how the welcome value works:

  • The current new-user pack includes two boost cards, one 100% deposit/purchase match card up to $100 in bonus funds, and a free pick
  • Bonus cash is playable, but not immediately withdrawable
  • Chalkboard requires a 1x play-through on deposit and promotional funds before further withdrawals can be made 

That makes the code more useful for readers who want to understand the offer before they sign up, not just what happens after the account is already live.

Deeper Dive into Chalkboard’s Payouts: Shield Play vs. Max Cash

A standout feature of Chalkboard is the ability for users to choose their risk level on every entry by selecting between “Shield Play” and “Max Cash.” This choice directly impacts your potential payout and strategy.

What is Max Cash?

Max Cash is the all-or-nothing option. To win, every single pick in your entry must be correct. This is a higher-risk play, but it offers the largest possible payout multipliers. You should use this option when you have a high degree of confidence in all of your selections and want to maximize your potential winnings.

What is Shield Play?

Shield Play is Chalkboard’s version of insurance. This option allows you to get one pick wrong in your entry and still receive a payout. The overall multipliers are lower than Max Cash entries, but it provides a safety net against a single leg of your entry failing.

This is the ideal choice for larger entries (3+ picks) or when you want to reduce your risk. Note that Shield Play is not available for 2-pick entries.

Payout Comparison Table: Max Cash vs. Shield Play

Number of Correct PicksMax Cash PayoutShield Play Payout (If 1 Pick Loses)
2 of 23xN/A
3 of 35x1.25x
4 of 410x1.5x
5 of 520x2x
6 of 635x2.5x
7 of 765x3x
8 of 8100x4x
Payouts are subject to change. Always verify the multipliers in the app before submitting your entry.

Chalkboard Promos for Existing Users (March 2026)

The value doesn’t stop after you use the promo code LABS1. Chalkboard is widely considered one of the most “gamified” DFS apps, offering daily incentives that function like power-ups in a video game.

1. Daily Drop Promo Packs & Stat Turbos

Every day you log in, you can claim a Daily Drop Pack from the “Rewards” tab. These packs contain random cards that you can apply to your entries for a massive advantage.

  • Stat Turbo Cards: These are the most sought-after rewards. They allow you to “boost” a specific stat category. For example, a “Turbo” card might make an NBA player’s assist count as 1.5 assists on your slip, or an MLB walk count as 2 total bases.
  • Payout Boosts: These cards add a percentage (often 10% to 25%) to your total winnings.
  • Free Entries: Rare “Legendary” packs can drop $5 or $10 entry tokens, allowing you to play without using your cash balance.

2. The 5000x Max Cash Multiplier

Chalkboard recently updated its payout structure to include a industry-leading 5000x multiplier. By building an 8-pick “Max Cash” entry with difficult projections, you can turn a small $10 entry into a $50,000 payout. This is currently the highest potential multiplier in the DFS 2.0 space.

3. XP System & Level Up Rewards

Unlike other apps, Chalkboard tracks your activity through an XP (Experience Points) system.

  • Earn XP: You gain points for every entry placed and even for tracking live scores in the app.
  • Level Up: As you reach new levels, you unlock Level Up Packs. The higher your level, the better the rarity of the cards (like “Shield Play” insurance) you receive in your daily drops.

4. Refer-a-Friend Bonus

You can earn $10 in bonus funds for every person you refer who signs up and makes a deposit. You can refer up to 25 friends, totaling $250 in bonuses. Access your unique link in your account settings to start building your bankroll through your social circle.

Where You Can Play Chalkboard Fantasy

Chalkboard is not available in all states, and it varies whether the DFS picks or social sports picks are available in your area.

Legal Chalkboard State⬆️⬇️ DFS Pick’em?👥 Social Sports Picks
Alaska
Arkansas
California
Delaware
Florida
Georgia
Illinois
Indiana
Kansas
Kentucky
Maine
Massachusetts
Minnesota
Missouri
Nebraska
New Hampshire
New Mexico
North Carolina
North Dakota
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Texas
Utah
Vermont
Virginia
Washington, D.C.
Wisconsin
West Virginia
Wyoming

Chalkboard DFS pick’em games are available in the following states: AK, CA, DC, GA, IN, KY, MN, NC, ND, NE, NM, OK, OR, RI, SC, SD, TX, UT, VT, WI, and WV.

Social Sports picks eligible states include AR, DE, FL, IL, KS, MA, ME, MO, NH, PA, VA, WY.

Note that you must be 18+ in most states to play at Chalkboard. In Nebraska and Massachusetts, you must be 19+ and 21+ respectively due to DFS regulations.

Understanding Chalkboard’s Game Types by State

One of the most confusing aspects for new users is that the Chalkboard app can look and function differently depending on your physical location. This is because Chalkboard operates two different legal models to comply with state regulations: a real-money DFS Pick’em game and a sweepstakes-based Social Sports Picks game.

Chalkboard Fantasy Sports App (Feb. 2026)

1. DFS Pick’em Mode (Real Money)

In states with favorable DFS regulations (like California, Texas, and Wisconsin), you play in real-money contests.

  • Objective: Pick “More” or “Less” on 2-8 player stat projections (e.g., LeBron James More/Less 25.5 points).
  • Currency: You deposit and play with US Dollars.
  • Best For: Users who enjoy traditional player-prop-style fantasy games.
Pick'em on Chalkboard Fantasy Sports App (Feb 2026)

Chalkboard Fantasy lets users create entries featuring a team of between 2 and 8 players, each with predetermined associated projected stats (think hits, points, passing TDs, etc.). Users choose whether their players will go More or Less than what Chalkboard predicts they will.

It’s simple: the more players you have, and the more difficult selections you make, the higher the potential payouts.

Sound familiar? That’s not surprising, as it’s similar to the pick’em you’ll find at other DFS 2.0 apps such as Sleeper Fantasy.

During our Chalkboard Fantasy review process, we came away especially impressed with the fact that contest picks can be made across multiple sports leagues, including the NFL, MLB, the NBA, college football, and NCAA sports, along with the NHL.

Speaking of payouts, our Chalkboard DFS app review was impressed with the Chalkboard cash-out features, which are quick and painless. You can win up to 5000x your entry, cash out early, and even set alternative lines.

2. Social Sports Picks (Sweepstakes)

In states where paid fantasy contests against the house are restricted (like Florida, Illinois, and Pennsylvania), Chalkboard operates a sweepstakes model.

  • Objective: Make picks on player stats as well as team outcomes like moneylines, spreads, and totals.
  • Currency: You play with “CB Cash,” a virtual sweepstakes currency that can be redeemed for real cash prizes (1 CB Cash = $1 USD). You acquire CB Cash as a free bonus when purchasing “Chalkboard Coins,” which are for social/fun-only play.
  • Best For: Users who want an experience closer to traditional sports betting, including team-based markets.

Some states have stricter regulations around DFS pick’em contests. Chalkboard gets around this barrier by offering social sports picks. It’s nothing super innovative, as we’ve seen operators ranging from Rebet to Thrillzz take this approach.

Like other social sportsbooks, Chalkboard lets users “bet” with Coins or CB Cash. It’s the equivalent of Gold Coins and Sweeps Coins, respectively, at the best social casinos.

Chalkboard uses these virtual currencies and a sweepstakes model to let users play for free while still having a chance at real money prizes. You can make “bets” on everything ranging from player props to traditional wagers such as moneylines, point spreads, etc.

Feature Breakdown: DFS vs. Social Picks

FeatureDFS Pick’em ModeSocial Sports Picks Mode
Available MarketsPlayer Stat Projections (More/Less)Player Stats, Moneylines, Spreads, Totals
Primary CurrencyReal Money (USD)CB Cash (Sweepstakes Currency)
How to Get FundsDirect DepositPurchase Coin packs to get free CB Cash
RedemptionDirect withdrawal of winnings to bankRedeem winnings from CB Cash for cash prizes

If you’re interested in another DFS app that offers a social sportsbook product, check out the Betr promo code.

Why Chalkboard Feels Different

Chalkboard Fantasy’s twist on traditional DFS platforms focuses on player props and pick ’em contests. Chalkboard is not a traditional sportsbook and operates under a different gambling model.

Chalkboard features a game-changing social/community aspect that connects you to groups and chats, live scores, and play-by-play. Some other unique features of its DFS pick ’em space include:

  • Dynamic Payout Structure, which gives users a chance at a potential payout of up to 5000x their entry fee, based on the difficulty of their Max Cash picks. The multiplier feature adjusts based on the overall difficulty of your picks and rewards the risk you take.
  • Live Picks and live stats tracking, which brings the real-time excitement to the app

We emphasized the community aspect of the gaming experience earlier, but it cannot be overstated for those who love to talk DFS and pick ’em strategy with others on the app.

You can also acquire cards, which are pretty unique compared to other DFS apps. They provide ways to boost payouts, free entries, and protect you against any daily fantasy losses, and more. 

Chalkboard Deposits and Withdrawals

Before funding your account, you must complete identity verification and be physically located in an eligible state. Keep in mind that users may not deposit more than $5,000 in a 24-hour period.

While your Chalkboard wallet is credited right away after a deposit, the underlying transaction may still need time to clear. Note that bonus cash is playable but not immediately withdrawable.

Chalkboard requires a 1x play-through on all deposit and promotional funds before you can initiate a withdrawal. Additionally, if a winning entry was built using a mix of cleared and uncleared funds, those winnings remain locked until all underlying deposits fully clear.

Chalkboard reviews and approves withdrawals at the top of every hour (Monday through Sunday, from 8:00 AM to 2:00 AM EST). Weekends and bank holidays can occasionally cause delays.

To start a transaction, open the Account tab in the app and navigate to your Chalkboard Wallet.

MethodDepositWithdrawalProcessing Time
Bank Account (ACH)✅ Yes✅ YesDeposits: Instant
Withdrawals: ~12 hours (up to 1-3 days depending on bank)
PayPal✅ Yes✅ YesDeposits: Instant
Withdrawals: ~12 hours
Venmo✅ Yes✅ YesDeposits: Instant
Withdrawals: ~12 hours
Debit/Credit Cards (Visa, Mastercard, Discover)✅ Yes❌ NoDeposits: Instant

Chalkboard Customer Service Review

Chalkboard’s customer service team is simple yet effective.

My stubborn self tends to go to the in-app help center first. The FAQs cover just about every topic, allowing me to find the answers I need and be on my way.

If I need further assistance, I have to turn to the live chat. Chalkboard claims that agents respond within four minutes, and I was shocked to find that this is accurate. Despite it being a relatively smaller DFS app, the support team provides fast, helpful answers via live chat.

Chalkboard Responsible Gaming

While Chalkboard isn’t a traditional sportsbook, responsible gaming is still important for DFS and social picks play.

Responsible gaming resources are available in conjunction with your Chalkboard DFS experience. Self-exclusion tools, deposit limits, and a full breakdown of spend tracking are all included with your Chalkboard membership.

For support, call the National Problem Gambling Helpline at 1-800-GAMBLER.

Is Chalkboard a Legit and Safe Platform?

Yes, Chalkboard is a legitimate and safe platform for daily fantasy sports (DFS) and social sports gaming. The app is operated by Taild Sports Inc. and has established a trustworthy reputation within the fantasy sports community. Here’s a breakdown of why you can feel secure using Chalkboard:

  • Legal Compliance: Chalkboard operates legally within the states where it is available, adhering to the specific regulations for either DFS Pick’em or sweepstakes-based social gaming in each jurisdiction.
  • Secure Transactions: The platform uses industry-standard encryption to protect user data and financial information. All deposits and withdrawals are processed through reputable payment providers like Visa, Mastercard, PayPal, and Venmo.
  • Responsive Customer Support: Chalkboard offers a responsive and helpful customer service team, primarily through an in-app live chat, which can quickly resolve user issues.
  • Positive User Reviews: The app maintains high ratings on both the Apple App Store (4.7/5 stars) and the Google Play Store (4.5/5 stars), reflecting positive user experiences with its functionality and reliability.
  • Commitment to Responsible Gaming: Chalkboard provides users with tools to manage their play, including options for self-exclusion and setting deposit limits, demonstrating a commitment to player safety.

Final Thoughts: Should You Claim the Chalkboard Promo Code?

Yes, you should absolutely claim the Chalkboard promo code LABS1. You really can’t beat the welcome offer of LABS1 as it allows you to get off to a nice start.

Whether you’re playing the DFS or social sports picks version of Chalkboard, the app is a great way to have a stake in the game. The trustworthy app, courtesy of Tailid Sports Inc., has a background as a social sports messaging app, meaning it has fine-tuned its UX for your convenience.

Other key features include alternate lines, early cashouts, promo packs, and daily promo specials for a unique experience.


Chalkboard Promo Code FAQs

Below are some frequently asked questions with respect to Chalkboard and its promo code.

What is the current Chalkboard promo code?

The current Chalkboard promo code is LABS1, which gets you the welcome offer of Get a 100% Deposit Match up to $100 + Free Pick! No deposit is required to get this offer.

Is Chalkboard Fantasy legit?

It certainly is! The Chalkboard daily fantasy sports platform is legal and available in numerous states. In other states, it offers social sports picks rather than DFS pick’em.

In which states is Chalkboard Fantasy legal?

Chalkboard Fantasy’s legal states include AK, AR, CA, DC, DE, FL, GA, IL, IN, KS, KY, MA, ME, MN, MO, NC, ND, NE, NH, NM, OK, OR, PA, RI, SC, SD, TX, UT, VA, VT, WI, WV, and WY. Specifically, Chalkboard Picks games are available in the following states: AK, CA, DC, GA, IN, KY, MN, NC, ND, NE, NM, OK, OR, RI, SC, SD, TX, UT, VT, WI, and WV. Social Sports picks eligible states include AR, DE, FL, IL, KS, MA, ME, MO, NH, PA, VA, WY.

Who is eligible to play Chalkboard DFS or Social Sports Picks?

Assuming that Chalkboard Fantasy is supported in your state, all citizens with a valid Social Security Number are eligible to play Chalkboard DFS or Social Sports Picks. You must be 18 years or older in most states, 19 years or older in Nebraska, and 21 years or older in Massachusetts.

What’s the difference between Shield Play and Max Entry?

One of the genuinely unique functions of the Chalkboard Fantasy sports app is its “Shield Play entries” and “Max Cash entries.” Shield Play gives users a chance to fail on a few picks, while Max Cash requires a perfect board and pays max rewards thanks to the multiplier.

What are Chalkboard Social Sports Picks?

Chalkboard Social Sports Picks is a sweepstakes-style game for states where traditional DFS is restricted, like Florida and Pennsylvania. Instead of direct cash, you play with Chalkboard Coins for fun or CB Cash, a sweepstakes currency that can be redeemed for real cash prizes.

How do I get free money on Chalkboard?

While “free money” usually has a catch, the code LABS1 gets you a $100 deposit match. Think of it as a head start—you just have to play through the bonus amount once (1x playthrough) before those winnings are yours to keep.

Does Chalkboard give you real money?

Absolutely. If you’re in a DFS state, you’re playing for cash. In “Social” states like Florida or Virginia, you win CB Cash, which can be redeemed for real USD at a 1:1 ratio once you’ve met the playthrough requirements.

How long does Chalkboard take to payout?

According to Chalkboard, approved withdrawals are processed hourly from 8:00 AM EST to 2:00 AM EST. After approval, funds typically arrive within about 12 hours, although some bank processing times can take longer.

About the Author

Justin Bailey is the Lead Editor for RotoGrinders and FantasyLabs. He’s been playing DFS since 2013 and specializes in small-field NFL and PGA contests. Justin qualified for the DraftKings Fantasy Golf World Championship in 2023.