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FanDuel Promo Code 2024: How to Unlock and Benefit from FanDuel Bonuses

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FanDuel Sports
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Welcome Bonus
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1x Deposit
FanDuel Sports Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
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Signing up at FanDuel is super simple, and there’s a sweet deal waiting for you. As a new sports bettor, you can claim $200 in bonus bets if your first bet comes out on top.

And guess what? All it takes is a successful $5 bet on any market to grab that full $200 bonus. I’m here to walk you through everything you need to know about this bonus. Plus, I’ll throw in some handy tips to help you really take advantage of it.

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Last Updated on 20.03.2024
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Introducing the FanDuel deposit bonus

Welcome bonuses are everywhere these days. They’re the secret sauce sportsbooks use to stand out in a crowded market, and they tend to be pretty generous. Among the sea of welcome offers, deposit match bonuses are super common. If you’re ever placed bets at a sportsbook before, you probably won’t need these sports betting bonus types explained to you. But if you don’t know, it’s where you chuck in some cash, and the sportsbook matches it by a certain percentage.

There’s another cool kind of bonus that’s pretty similar, known as the “Bet and Get” promo. Think of “Bet and Get” like the cousin of deposit matches. Instead of matching your deposit, they match your bet with a bonus. FanDuel’s got a sweet “Bet and Get” offer for newbies. Just place a bet of $5 or more, and if you win, you don’t just get your winnings; you also score an extra $150 in bonus bets. This can provide you with a pretty impressive boost to your bankroll, so it’s a fantastic way to kickstart your FanDuel betting experience.

Who’s eligible for the FanDuel promo?

Ready to claim the DraftKings deposit bonus? To be eligible, you have to be a new member and be over the minimum age limit, which is 21 years old in most states. Not every state’s in on this, but if you’re in one of the following locations, you’re good to go:

IowaNew JerseyWest Virginia
KansasNew YorkWyoming

How to claim the FanDuel signup bonus bets: A step-by-step process

Claiming the signup bonus is a breeze, and I walked the walk during my FanDuel review to prove it. Even if you’re new to the sportsbook scene, the whole process, right from registering to making a deposit and claiming the bonus, is user-friendly. Let me break it down for you.

  1. First off, head over to the FanDuel sportsbook website. You can click one of the direct links right here on this page to get there fast. Once you land on the site, hit the bright green “Join Now” button you’ll see at the top right. It’s hard to miss.
  2. Clicking it will bring up a list of 21 states where the bonus is up for grabs. If your state’s on that list, you’re good to go. Click on your state, and you’ll see the registration form. Fill it out with your details, pick a username and password, and you’re almost there.
  3. Next, you’ll need to make your first deposit. The minimum bet for the bonus is $5, but your first deposit needs to be at least $10. Heads up: if you’re thinking about using PayNearMe to deposit, you might want to pick another method since those deposits don’t qualify for this offer.
  4. After your account is funded with at least $10, it’s time for the fun part—placing your first bet. It can be as low as $5, and what’s cool is that there are no market restrictions. You can bet on any sport, any game. If your first bet wins, boom, you get $200 in bonus bets.

It’s straightforward, right? While it would be nice to get the bonus win or lose, the chance to claim $200 in bonus bets from just a $5 wager is a solid deal. Plus, with no market restrictions, you’ve got the freedom to place any bet you like the look of.

How the FanDuel signup bonus bets work

Alright, so let’s say you’ve nailed your successful first bet and got $200 in bonus bets from the FanDuel signup offer. The fine print says you might have to wait up to 72 hours to see that bonus in your account, but don’t sweat it too much. In my case, it showed up in just a few minutes, so you’ll likely be jumping back into the action sooner than you think. Once you’ve got those bonus bets, you’ve got a week to put them to use. To do that, head over to your bet slip and hit the “Add Bonus Bet” switch.

You’re able to use these free bets on any market FanDuel has on offer, which is pretty sweet. But the real cherry on top? These bonuses come with a super low 1x wagering requirement. That means whatever you win with them is yours to keep right away. You can either withdraw those winnings or keep the fun going by placing more bets.

Just remember, when you win with bonus bets, you’ll only get the winnings you make, not the bonus bet stake. So, if you slap down a $100 bonus bet at +150 odds and win, instead of the full $250, you’ll get $150. This is standard for bonus bets at almost all top-rated sportsbooks, not just FanDuel.

Compare the offer with the best

Check the table below to see how the Fanduel offer compare to its closest rivals. Please note that the region in which you live can have an affect what sites are shown on the table and whether the table shows at all. If sports betting is not legal in your state, you may be able to find a suitable Daily Fantasy Sports site offer instead.

Tips to make the most of the FanDuel sign-up offer

To get your hands on the $200 in bonus bets and really make them work to your advantage, be sure to keep these tips in mind.

Use your qualifying bet on a heavy favorite

The main goal with your first bet is to lock in that $200 bonus, which you’ll only get if your bet wins. So, my advice? Don’t stress about how much you’ll win from this initial bet. Instead, consider placing it on a heavy favorite. Why? It maximizes your chances of winning. Of course, betting $5 on the favorite might not have a high expected value, but the real prize here is the $200 in bonus bets you’ll get when you win. That’s where the value really lies.

Bet on underdogs with the bonus bets

After you’ve secured those bonus bets, it’s time to get a little adventurous. This is your chance to explore alternative bets, like backing the underdogs. Since these are bonus bets, you’re in a great position to use strategies you might not usually consider.

Remember to select the bonus bets

Before you dive into placing bets with your bonus bets, there’s a crucial step you can’t skip. Make sure to hit the “Add a Bonus Bet” toggle in your bet slip. Doing this will automatically fill in the bonus bet amount for you, but you’ve got options to tweak it based on what you’re feeling.

Feel free to adjust the wager to either throw in some extra cash from your own real money balance or dial it back to use just part of the bonus bet. If you forget to select the bonus bet option, the entire bet will be removed from your cash balance instead. So, always double-check to ensure you’re using the bonus bets and not dipping into your own funds unless you want to.

Break down the bonus bets

When you win with bonus bets, the winnings are added to your cash balance, which means using those bonus bets smartly can lead to a healthy bankroll. My advice? Split that $200 into smaller chunks. Spreading your bets can stretch your bonus further.

Though you might be tempted to go all in with $200 on a single bet, especially if you’re really confident, splitting the amount can be a better approach. Consider dividing it into ten $20 bets, for example. This strategy not only diversifies your risk but also gives you more opportunities.

Sign up at the right time

Timing is everything when it comes to signing up and making your first bet. Take a moment to check out the sports calendar before you dive in. It’s crucial to make sure that, in the week following when you might get your bonus bets, there are plenty of games or events you feel good about betting on. If not, you run the risk of not using your bonus bets before they expire. So, lining up your sign-up with a packed sports schedule can really make a big difference.

Claim additional FanDuel bonus codes and more

Thought FanDuel was just about the welcome bonus? Think again. Beyond that first welcome offer, there’s a whole bunch of other goodies waiting. Just swing by the promotions page. You’ll see some of the best sportsbook promotions that change throughout the year, keeping everything fresh and exciting.

Plus, I noticed FanDuel often shoots over exclusive bonus codes and special deals right to your email, so keep an eye on that inbox. I gotta say, I’m pretty stoked about all the extra rewards you can claim all year round. And the best part? The terms for these bonuses are actually fair, giving you a legit chance to cash out on those bonuses.

Loyalty rewards at FanDuel

FanDuel Sportsbook does not have a loyalty or VIP program, which could catch you off guard, especially since their online casino and daily fantasy sports sections do have VIP schemes and reward programs. But, don’t let that deter you. The range of ongoing bonuses at the sportsbook does a great job of making up for it, rewarding your regular play.

And if you’re into the casino or daily fantasy sports on FanDuel, you’re in luck. You’ll have the chance to benefit from even more perks and rewards in those areas. So, even without a traditional loyalty program for the sportsbook, there are still plenty of ways to get rewarded.

Refer a friend and get $50 each

Love placing bets at FanDuel as much as I do? Be sure to spread the love! Their refer-a-friend program hooks both you and your buddy up with $50 in bonus bets for every friend you bring on board. Pretty sweet, right? Here’s the lowdown: Just log into your account and hit the “Refer” or “Earn $$$” button, either on your phone or online.

You’ll get a link to share with your pals. Once they sign up with your link, drop in at least $10, and make a bet of $10 or more, you both score $50 in bonus bets. And it doesn’t even matter if your friend’s first bet is a win or a loss. It’s an easy way to rack up more bonus bets. Plus, you can refer up to five friends every 30 days, which means you could grab an extra $250 in bonus bets a month just from referrals.

The latest FanDuel signup bonus

As you would expect from such a recognized brand, the FanDuel signup bonus is one of the best out there at the moment. As a new bettor, you get $150 in bonus bets if your first bet is a winner.

Now, it might not look like much at first glance, but the terms are what set this welcome bonus apart. You only need to bet a minimum of $5, and you can pick any market you like to make that bet. So, you can easily place $5 on a favorite to win and still pocket an extra $150 if it hits. Pretty cool, right?

No FanDuel promo code is required

I gave this bonus a try myself and it’s honestly a breeze to get. Just sign up, drop at least $10 into your account, and place a bet of $5 or more with real money. No FanDuel sportsbook bonus code is required. Nail that bet with a win, and boom, you’re looking at $150 in bonus bets.

Sure, it’d be sweet if you could get those bonus bets win or lose, but getting $150 off a $5 bet is a pretty sweet deal. What I really dig about this offer is you can make your qualifying bet on any market FanDuel has up for grabs. This is great because you can go for a heavy favorite you feel really good about, which should give you a good shot at getting the $150 in bonus bets.

How the bonus bets work

The terms say you might have to wait up to 72 hours to see those bonus bets in your account, but in my experience, they usually show up way faster—often within 24 hours. Once you’ve got them, just pop open your bet slip and hit the “Add a Bonus Bet” switch.

This will automatically set the bet amount to your bonus. Feel free to tweak it as you like. Want to go bigger? You can top up your bet with some cash from your real money balance if you’re aiming higher than $150. Or, if you prefer, you can split it up and use just a part of your bonus for multiple bets. The best part? There are no restrictions on what markets you can bet on with your bonus bets. This flexibility lets you use your bonus bets in a way that suits your betting style.

Keep what you win from the FanDuel signup bonus

Sure, there might be bigger bonuses out there, but looks can be deceiving. What sets this $150 apart is the zero wagering requirements on what you win. Yep, you heard that right. Whatever you win with your bonus bets, you get to keep, no strings attached. Just remember, the bonus bets themselves can’t be cashed out. So, you can only withdraw the winnings you make from those bonus bets, not the bonus amount itself.

Keep your eye on the clock

Like with any sportsbook bonus, there are some important terms and conditions to keep an eye on. With the FanDuel sign-up bonus, the big one is the time limit. You’ve got seven days to use those bonus bets once they’re in your account. So, make sure to plan your bets wisely. If you don’t use them within that week, you’ll lose them.

Final thoughts on the FanDuel sign-up offer

It’s not often you see a big-name sportsbook with one of the best welcome offers out there, as it’s usually the up-and-coming sportsbooks that go the extra mile to try and attract attention. But FanDuel? They keep proving they’re a top choice for sports betting in the US.

This welcome offer might not seem like much at first glance, but trust me, it’s a standout deal right now. It’s not every day you get a chance to turn a $5 bet on any market into $150 in bonus bets. Typically, betting $5 at short odds doesn’t get you much at all. But with this offer, that same $5 can get you an extra $150 in bonus bets if you win. And the cherry on top? Whatever you win with those bonus bets is all yours. So if you haven’t signed up, now is an excellent opportunity to do so.

Sports Bonus
Sports Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
Welcome Bonus
T&Cs apply, 21+
Go to FanDuel
Get Bonus

Hit the ground running with a FanDuel signup bonus

FanDuel doesn’t mess around when it comes to bonuses, and the latest signup bonus is all the proof you need. You don’t need any special FanDuel sportsbook promo code to claim it, and the chance to grab $200 in bonus bets from just a successful $5 wager is pretty sweet.

What I like the most is the freedom to bet on anything, even the heavy favorites, making it easier to claim those bonus bets. Sure, betting $5 at short odds won’t make you rich, but the extra $200 in bonus bets sure makes up for it. And the icing on the cake? No wagering requirements on what you win, so you keep all your winnings. It’s an excellent way to kickstart your betting experience. Haven’t signed up yet? Now’s the perfect time.

Sports Bonus
Sports Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
Welcome Bonus
T&Cs apply, 21+
Go to FanDuel
Get Bonus

FanDuel bonus code FAQ

🔎 Do I need a FanDuel promo code?

Nope, no special FanDuel bonus code is needed. When you sign up as a new bettor, you’re eligible for the sign-up bonus without the need for a promo code. Just follow the sign-up process, place your qualifying bet, and if you win, you’ll get $200 in bonus bets added to your account.

🎁 How do I make sure I receive the FanDuel bonus bets?

Winning your first bet is key to unlocking the FanDuel bonus bets. Because of this, it’s best to bet on a heavy favorite you’re confident in to give yourself the best chance of receiving the $200 bonus. If you win, you should see the bonus bets in your account within 24 hours.

👀 Am I eligible for the FanDuel signup bonus?

To grab the latest FanDuel signup bonus, you have to be over the legal gambling age and sign up from within a state where the sportsbook is legal, which includes New York, New Jersey, and Pennsylvania, to name a few. The full list of eligible states is in my guide.

🤔 How do I claim the FanDuel sign-up bonus?

After signing up for a FanDuel account, make a minimum deposit of $10 (PayNearMe is not accepted), and place your first bet of at least $5. Win that bet, and you’ll score $200 in bonus bets. It’s a smooth process from start to finish.

❓ What can I do with my FanDuel sign-up bonus bets?

Once you’ve got your bonus bets, you’ve got a week to use them on any market available on the FanDuel sportsbook platform. The cool part? You just need to meet a 1x wagering requirement. So, if you win, the cash is yours to keep or bet again with. Just remember, the stake isn’t returned, only the winnings.

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FanDuel Bonus Details
Bet $5 Get $200 in Bonus Bets if your bet wins
Type: Welcome Bonus
Requirements (WR): 1x Deposit
Min. Deposit: $10
Cashable: No
Odd: -
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