FanDuel Promo Code: Bet $5, Get $200 in Bonus Bets if You Win

FanDuel Promo Code

Are you looking for the latest FanDuel promo code to get bonus bets, bet credits, and more? Here’s what you need to take advantage of the latest FanDuel promo code and offer. Whether you’re a seasoned sports bettor or just getting started, our guide will help you make the most of the offers at FanDuel Sportsbook.

If you’re in Ohio or Massachusetts, you can take advantage of a different offer:

You can also place a $1 bet on any WNBA game and claim a free month of WNBA League Pass!

Sports betting in the United States is currently regulated by individual states, with each state having the power to decide whether or not to legalize it. As a result, the legality of FanDuel Sportsbook varies by state.

Currently, FanDuel Sportsbook is legal and available in 20 states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Vermont, West Virginia, and Wyoming.

New Jersey was the first state to have a FanDuel Sportsbook available. The states where FanDuel is available are continuing to grow with more expected to join the list.

In addition, FanDuel will be replacing GamebetDC in Washington, DC which isn’t a state but sports betting is legislated in the district. Notably, the DC Office of Lottery and Gaming (OLG) has granted official approval for FanDuel to replace GamebetDC.

It’s important to note that in order to place an online wager with FanDuel Sportsbook, you must be physically located within a legal state.

FanDuel Promo Codes and Offers

FanDuel regularly offers promotions and promo codes for users to take advantage of. These might be a No Sweat First Bet or even bonus bets.

Maybe you want to bet on the Chicago Bears to beat the Green Bay Packers. The latest offer might have bonus bets or bet credits to cover you if you lose. That’s why it’s important to check the latest promotions before you place a wager.

Additionally, FanDuel has previously used bonus bets as a promotional tool to attract new users to sign up. It’s important to keep an eye out for these types of offers, as they can provide a great opportunity to make the most of your betting experience with FanDuel.

How to Use a Promo Code for FanDuel

To claim the FanDuel Sportsbook promo code, you’ll need a FanDuel account. Sign up for an account on the FanDuel website or mobile app by clicking on the link above. This promo code will automatically be applied when you sign up, so there is no need to enter anything. 

If you are already signed up, check the FanDuel promotions page to see if any offers can be claimed after signing up. Keep in mind that some promo codes and offers have specific terms and conditions, such as minimum bet requirements and expiration dates, so be sure to read them carefully before using them.

Types of Promotions and Bonuses

Sportsbooks use plenty of promotions and offers to attract new users. Here are some terms you might see.

Bet Bonus

A bet bonus is a common offer that a sportsbook will give to new users. You will have your account credited with bets to place. For example, FanDuel has occasionally given out $100 in bonus bets to users who signed up early in some states.

Bonus bets are a great offer because, usually, they don’t require a deposit. You sign up and get your account funded. Sometimes a qualifying bet will be attached or you have to wager on specific games.

FanDuel used to offer a promotion where you bet $5 and instantly received $200 in bonus bets. Earning this bet bonus meant making a deposit of $5 and placing a bet. This is why it’s important to understand the terms and conditions when claiming a promo code.

No Sweat First Bet

You might have heard the terms No Sweat First Bet, Second Chance Bet, First Bet Insurance, and more. Basically, they all mean the same thing. Your first bet is covered up to a maximum limit if you lose.

FanDuel has run a No Sweat First Bet offer in past promotions. You can get your first wager back in bet credit if it ends up losing.

Odds Boost

The odds boost is extremely common. It can be for daily games, props, or major events. For example, for Super Bowl 56, FanDuel Sportsbook had an odds boost of 56 to 1 for moneyline bets on the Bengals or Rams.

Deposit Match Bonus

A deposit match bonus is when a sportsbook will give you bonus funds based on how much you deposit. Most sportsbooks will do this as a percentage. You might earn 20% in bonus funds up to $1,000. For that offer, you would have to deposit $5,000 to get the full $1,000.

Tips for using FanDuel Sportsbook Promotions

You have claimed the promo code and have access to the FanDuel Sportsbook. Now what? Here are a few tips on how to use your promo code, bonus funds, and more.

Read the Terms

Check the terms and conditions to make sure you understand how to use the promo code. Don’t get tripped up by the fine print. Some promo codes require a qualifying bet or a deposit. Check with customer support if you have any questions. It is better to ask than end up losing out on bonus funds or the No Sweat First Bet.

Claim the Code Correctly

When checking out the offer, take note of how to claim it. Sometimes a promo code is required to be entered before you register. Other times, there is no promo code necessary and you will get the offer immediately after signing up.

As we mentioned before, some promotions might require you to make a deposit or place a bet. For example, if the offer says to place a $5 bet to get $200 in bonus bets, you must make a $10 deposit and bet before getting the bonus.

Research Bets

A common mistake by novice sports bettors is to immediately burn through all of their bonus funds or bet credits. Take the time to research and have a strategy. Just because you have bonus bets doesn’t mean you have to use them within seconds.

Search the sportsbook and take time to get familiar before making any decisions. This is the best strategy when planning to use your bet credits.

Benefits of Using a FanDuel Promo Code

So you are wondering, what’s the point of using a promo code? There are many benefits to using promotions and offers provided by a sportsbook.

First, these promotions might include bonus bets. You don’t have to use any of your own money to get started. You can place wagers without any risk to you. Bonus bets are a great way to get started and feel comfortable betting.

For a bet like the No Sweat First Bet, you can wager more than usual and know it’s protected. If you sign up for the sportsbook, you can place a $500 wager and know you are covered if it loses. This gives you the chance to win more right off the bat without having to risk a ton of your own money.

FanDuel Sportsbook vs Top Competitors

FanDuel Sportsbook is one of the top betting sites in the industry. But how does the best FanDuel Sportsbook promo code stack up vs other sportsbooks? Here are a few of FanDuel’s competitors.

DraftKings

DraftKings is one of the leading sportsbooks in the United States, offering users a wide variety of betting options for a range of sports and events. Known for its innovative features and user-friendly interface, DraftKings has established itself as a go-to destination for sports betting enthusiasts.

DraftKings has been one of FanDuel’s top competitors due to their running history of both providing DFS. Promotions in the past have included a deposit bonus of up to $1,000 and bonus bets for new users.

BetMGM

BetMGM is a popular sportsbook that offers users the ability to place bets on a wide range of sports and events. With competitive odds and a user-friendly platform, BetMGM provides an enjoyable and engaging experience for both novice and experienced bettors.

Promotions on the platform have included First Bet Offers that protect your first wager if it loses. In some states, it has been up to $1,000.

Caesars

Caesars Sportsbook is a well-established sportsbook that has been around for many years. With its strong reputation and wide range of betting options, Caesars is a popular choice for sports bettors who value reliability and trustworthiness.

The sportsbook has used a Bet on Caesars up to $1,500 in the past to attract new customers.

PointsBet

PointsBet is also a relatively new sportsbook to the market that has quickly gained popularity due to its innovative and exciting approach to sports betting. With its unique PointsBetting feature and user-friendly interface, PointsBet is a popular choice for those who want to try something new and different.

PointsBet has used promotions that include Second Chance Bets. These protect your first bet with the sportsbook if it loses.

BetRivers

BetRivers is a sportsbook that is known for its competitive odds and user-friendly platform. With a wide variety of sports and events to bet on, BetRivers offers a fun and engaging experience for sports bettors of all levels.

Like PointsBet, BetRivers has also used 2nd Chance Bets to encourage new signups. In the past, we have seen offers of up to $500 on your first bet.

Top Features of FanDuel Sportsbook

FanDuel Sportsbook is one of the most popular sportsbooks and has some solid features. Here are a few of the features to check out before you use your FanDuel Sportsbook promo code.

Same Game Parlay

The same game parlay has boomed in popularity over the years. FanDuel was the driving force behind that. For an SGP, bettors can combine multiple picks or “legs” into one game. This boosts the odds but does make the probability less likely. FanDuel offers pre-loaded parlays or the ability to make your own with the online sportsbook or FanDuel app.

Live Betting

New FanDuel users will find the sportsbook has great live betting. There are plenty of odds and lines available that are changing quickly based on what is happening in the game or event.

This is one of the advantages of mobile betting over a retail sportsbook. Easy access to live lines and odds right in the palm of your hand. Be sure to check out live betting after you register for a FanDuel account.

Banking Options with FanDuel Sportsbook

At some point, you will make your first deposit. At FanDuel, you can use major credit/debit cards from Visa or Mastercard. Other options include PayPal, online banking, wire transfers, or a PrePaid Card+ method.

Many of the same methods are available for withdrawal. Most of the time, you will have to use the same method to withdraw as a deposit. Check with FanDuel if you have any questions before making a deposit and are set to place your first bet.

More Promotions and Offers

When you use the FanDuel app or website, you’ll see promotions and offers throughout the year. Many of these will pop up around major events such as the Super Bowl, March Madness, and more. A lot of these are targeted toward new users who sign up with FanDuel.

In the past, there have been welcome bonuses that include bonus bets. For example, some state launches included $100 in bonus bets to any new player who signed up before the launch date. The are also FanDuel daily odds boosts and more FanDuel bonus options to help boost your account.

Customer Support

FanDuel Sportsbook provides several options for customer support including live chat with an agent, social media support through Twitter and Facebook, and phone support. The FanDuel Coach or Chat with an Expert button on the bottom right of their website provides a quick and easy way for customers to connect with support 24 hours a day.

Current FanDuel wait times can be long for support. Customers can also send a DM on Twitter at the support handle @FanDuel_Support, or a private message on Facebook.

If you are looking to place your first wager, you’ll want to know what sports you can bet on. With your new account, you can wager on major sports such as baseball, basketball, football, hockey, soccer, and more.

The sportsbook also has other sports such as MMA, lacrosse, cycling, cricket, tennis, and boxing. You can see the long list of sports when using the FanDuel online sportsbook.

Bet Types and Markets on FanDuel

You’ll find plenty of popular bet types and options after signing up for your sportsbook account. FanDuel players have plenty of options to use their sportsbook promotions on when betting. Be sure to check the terms and conditions. Some offers might need to be used on certain FanDuel odds or bets.

Point Spreads

A point spread is a bet on the point difference in a game. You are betting on whether a team wins or loses by a certain amount. It’s one of the most popular bets available at FanDuel and in the entire industry.

Let’s say you want to bet on the Chicago Bulls vs Toronto Raptors game. The Bulls are listed as a -5.5 favorite. To cover the spread, the Bulls have to win by six points or more.

Moneylines

A moneyline bet is a type of wager in which the bettor chooses which team they believe will win a given game or event. The bettor simply needs to pick the winner of the game, regardless of the margin of victory.

The odds for each team are expressed as either a positive or negative number, with the favorite represented by a negative number and the underdog represented by a positive number.

For example, you want to bet on an MLB game between the Chicago Cubs and Los Angeles Angels. A sportsbook might set the moneyline odds as follows: Cubs -130, Angels +110.

This means that the Cubs are the favorites to win the game. A bettor would need to wager $130 on the Cubs to win $100. On the other side, a $100 bet on the Angels would pay out $110 if they win the game.

Totals

A total bet, also known as an over/under bet, is betting on the total number of points in a game. You are predicting whether the final score will be over or under the line set by a mobile sportsbook.

For example, in an NHL game between the Chicago Blackhawks and Minnesota Wild, the sportsbook might set the total at 5.5 goals. If you bet the over, you are predicting that the total number of goals scored by both teams will be six or more. If you bet the under, you are predicting that the total number of goals scored will be five or fewer.

Props

Prop bets, short for proposition bets, are a popular type of bet that is based on an individual player or team performance rather than the outcome of a game. These bets can add an extra layer of excitement to watching a game and can provide opportunities to win big payouts on small wagers. 

For example, in an NFL game featuring Patrick Mahomes and the Kansas City Chiefs, a prop bet might be offered on whether Mahomes will throw over or under 1.5 touchdown passes. If you bet the over, you would need Mahomes to throw two or more touchdown passes in the game.

Parlays

A parlay bet is a type of wager that involves combining multiple individual bets into a single, larger bet. In a parlay bet, all of the individual bets included in the parlay must be correct in order for the bettor to win. If any of the individual bets is incorrect, the entire parlay bet is lost.

Parlay bets can offer the potential for large payouts on a relatively small wager, as the odds of winning a parlay bet are lower than the odds of winning each individual bet on its own. For example, if a bettor believes that four NFL teams will win in a given week, they can include all four bets in a single parlay bet.

If any of the teams lose, the entire bet loses.

Futures

A future bet is a type of wager that involves placing a bet on the outcome of an event that will take place at a later date. These bets are typically placed well in advance of the event, sometimes even before the season starts, and the odds can shift over time as new information becomes available.

Future bets can be placed on a wide range of sporting events, from the winner of the Super Bowl to the winner of a tennis tournament. For example, a future bet on the winner of the 2023 NFL Super Bowl might be offered prior to the start of the regular season. The odds for each team change each week based on performance, injury, and more.

How to Sign Up with FanDuel Sportsbook

Signing up for FanDuel Sportsbook is a quick and easy process that can be done online in just a few minutes. To get started, visit the FanDuel Sportsbook website or mobile app.

When registering, you will have to enter some basic personal information such as your name, email address, and date of birth. You will also need to create a username and password. After you have entered your information, you will need to verify your identity by providing some additional information, such as your address and the last four digits of your social security number.

This information is necessary to ensure that you are who you say you are and to comply with state and federal regulations. Next, you will need to enable geolocation on your device so that FanDuel Sportsbook can verify that you are located in a state where online sports betting is legal.

Once you have completed the sign-up process, you will be ready to start placing bets on your favorite sports and teams. Take advantage of the latest FanDuel promo codes and bonuses as you get started with the sportsbook or casino.

How to Place a Bet with FanDuel Sportsbook

Placing a bet with FanDuel is a straightforward process. First, you’ll need to create an account with FanDuel Sportsbook by visiting their website and following the registration process. Once you have an account, you’ll need to fund it by making a deposit using one of the available payment methods.

If you used a promo code, be sure to claim the sign-up bonus or confirm it has been added to your account. You don’t want to have a situation where you can’t use the best FanDuel promo code

Find Your Bet

Next, find the sport or game you want to bet on by browsing the available options on the FanDuel Sportsbook. Select the game you want to bet on and then choose the type of bet you want to place, such as a moneyline bet or a point spread bet.

Enter the amount of money you want to wager and confirm your bet. After you confirm your bet, it will be processed and you will be given a confirmation of your wager. It’s important to remember that responsible gambling is key to enjoying your betting experience.

Make sure to set a budget and stick to it, and never bet more than you can afford to lose. With these simple steps, you can start placing bets on your favorite sports and teams with FanDuel Sportsbook.

The FanDuel Sportsbook App

The FanDuel Sportsbook app is a popular sports betting app available on both the Google Play Store and the Apple App Store. The sportsbook is rated a 4.8 out of 5 in the Apple App Store while having a 4.6 rating on Google.

Users appreciate the quick and simple process of getting started with the app, which involves downloading the app and creating an account. They also like the app’s user-friendly interface and the wide variety of sports, games, and outcomes available to bet on.

Additionally, the app offers live game updates and the ability to track bets in real time, which users find convenient. Overall, the FanDuel Sportsbook app is a popular choice for sports betting enthusiasts who enjoy a seamless and enjoyable betting experience.

Is FanDuel Sportsbook Legit?

FanDuel is a licensed and regulated sportsbook in several states across the US. It’s a safe platform to use as it has to follow strict rules and regulations. FanDuel is one of the top sportsbooks and has been operating successfully in legal states.

Also, FanDuel Daily Fantasy Sports has been operating for more than a decade. Because FanDuel DFS was strong, the company was able to expand into sports betting easily.

The company uses state-of-the-art technology to make sure your information is safe and protected. If you have questions, reach out to customer support for more details.

Should I Sign Up for FanDuel Sportsbook?

FanDuel Sportsbook is a solid platform with great features including the same game parlay and live betting. FanDuel is live in several states across the country and you can use the FanDuel mobile app within legal state borders.

Check the latest Fanuel Sportsbook promotions to claim bonus bets or a No Sweat First Bet. These are a great way to start out with a FanDuel Sportsbook account and have some confidence placing your first bet. Check out the FanDuel Sportsbook promos page for more information throughout the year.

At the end of the day, the sportsbook you choose will come down to personal preference. If it’s FanDuel, you can have the option of using the sportsbook or Daily Fantasy Sports to try and win big.

FanDuel Promo Code FAQs

Is FanDuel Sportsbook legal?

Yes. The sportsbook is available in over 15 states across the US. It is operating and sticking to strict regulations set forth by governing bodies in each state.

When did FanDuel Sportsbook launch?

FanDuel launched in New Jersey back in 2018. The sportsbook has since expanded across the country. Check the latest news to see when you might see FanDuel Sportsbook available in your state.

What is the best FanDuel promo code to claim?

FanDuel will often run promotions throughout the year. The best depends on your betting strategy and preference

Do I need to deposit to get a FanDuel sign-up bonus?

It depends on the promotion. For some FanDuel Sportsbook welcome bonuses, you will have to make a deposit and make a qualifying wager to earn your promotion. Check the terms and conditions or contact customer support if you have any questions.

How do I download the FanDuel Sportsbook mobile app?

FanDuel is available for Apple and Android users. Visit the app store on your device and search for “FanDuel Sportsbook.” You can then download the app and register for an account to claim the latest FanDuel Sportsbook offers.

Can I use a FanDuel promo code for any type of bet?

It depends on the terms and conditions. Some promotions will come with strings attached and have to be used on certain events. For others, you will be able to place a wager on whatever sport or event you like.

Does FanDuel have promotions for existing users?

A lot of promotions are targeted at new users, but FanDuel does have offers for existing users as well. These will usually pop up around major events such as the Super Bowl or March Madness. Also, the sportsbook will run daily odds boosts.

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written by

Sam hails from Grandville, Michigan. He has a rich sports background, including playing baseball at Central Michigan before covering high school sports and working with the Orlando Magic. He earned his broadcasting/journalism degree from Central Michigan University and was a member of the 2010 MAC Championship baseball team. Sam developed his expertise while working with Betsperts, Bleacher Nation, and 4for4 in various areas such as writing, social media, betting research, and business development. He's a big fan of the NBA, NFL, and MLB, highly interested in data and statistics.

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