FanDuel Sportsbook Promo Code & Bonus (2025) – Bet $5, Get $150 in Bonus Bets
If you’re into sports betting, FanDuel Sportsbook is one of the biggest names out there. Whether you’re looking to bet on the Super Bowl, NBA Playoffs, or the Kentucky Derby, FanDuel has competitive odds, live betting, and some solid promotions.
But is it really worth signing up? Let’s break it down—from their welcome bonus and promotions to the betting options and how it stacks up against other sportsbooks.
FanDuel Sportsbook Welcome Bonus: Bet $5, Get $150 in Bonus Bets
If you’re new to FanDuel, they’ve got a “Bet $5, Get $150” deal going on. Here’s how it works:
- Sign up for a new account (no promo code needed).
- Deposit at least $5 (just enough to qualify for the bonus).
- Place a $5 bet on any sport.
- If your bet wins, you get $150 in bonus bets within 72 hours.
For example, let’s say you bet $5 on the Lakers to beat the Celtics at -110 odds. If the Lakers win, you get back your winnings + $150 in bonus bets to use on future bets.
➡️ Playthrough Requirement? Nope, these bonus bets can be used immediately. Just keep in mind that you can’t withdraw them directly—you need to place bets with them first.
FanDuel Promo Codes & Ongoing Promotions
Even though the welcome offer doesn’t need a promo code, FanDuel still runs other promotions that might need one. Here are a few common ones:
- No Sweat Same-Game Parlays: If your parlay loses, you get a refund in bonus bets.
- Odds Boosts: Enhanced odds on popular games. Example: Instead of Chiefs to win at +200, they might boost it to +250.
- Refer-a-Friend Bonus: Get bonus bets when your friend signs up and deposits.
To find these promos, just check the ‘Promotions’ section in the app.
Explore alternatives to Fanduel – try bet365 promo code or bet with the betrivers affiliate code.
What Can You Bet On? (Bet Types & Examples)
FanDuel Sportsbook covers everything from NFL and NBA to soccer, MMA, and even horse racing. Here are some popular bet types with real examples:
Moneyline Bet (Simple Winner Pick)
You bet on the 49ers to beat the Eagles at -150 odds. If they win, you get your bet + profit back.
Spread Betting (Winning Margin)
The Celtics are -6.5 favorites against the Bucks. That means they need to win by 7+ points for your bet to win.
Totals (Over/Under)
Yankees vs. Red Sox Over/Under 8.5 Runs. If the game ends 5-4, Over hits. If it’s 4-3, Under wins.
Same-Game Parlay (Multiple Bets on One Game)
You bet on Messi to score, Miami to win, and over 2.5 goals in the match. If all three hit, you win big.
FanDuel & Horse Racing: Bet on the Kentucky Derby
FanDuel also runs FanDuel Racing, where you can bet on horse races across the U.S. including the Kentucky Derby and Breeders’ Cup.
They offer a $500 No Sweat First Bet, meaning if your first bet loses, you get a refund in bonus bets.
- You bet $100 on a long shot horse at 10/1 odds.
- If the horse wins, you get $1,000!
- If the horse loses, FanDuel refunds your $100 as bonus bets.
How Does FanDuel Compare to Other Sportsbooks?
| Feature | FanDuel | DraftKings | BetMGM |
|---|---|---|---|
| Welcome Bonus | Bet $5, Get $150 | Bet $5, Get $200 | Bet $10, Get $200 |
| Live Betting | ✅ Excellent | ✅ Great | ✅ Solid |
| Odds Boosts | ✅ Daily | ✅ Daily | ✅ Daily |
| Parlay Insurance | ✅ Yes | ✅ Yes | ✅ Yes |
| Loyalty Rewards | ❌ No | ✅ Yes | ✅ Yes |
FanDuel vs. DraftKings
- DraftKings has more promotions, but FanDuel’s interface and live betting are better.
- DraftKings has a loyalty program, but FanDuel is faster with payouts.
FanDuel vs. BetMGM
- BetMGM has a bigger VIP program, but FanDuel offers more frequent odds boosts.
- FanDuel’s app is smoother, while BetMGM’s interface feels a bit clunky.
Pros & Cons of FanDuel Sportsbook
✅ Pros:
✔️ Easy-to-use app – one of the best in the industry.
✔️ Fast payouts – PayPal & online banking options are quick.
✔️ Great live betting – Odds update quickly in real time.
✔️ Huge betting markets – Covers everything from the NFL to tennis and horse racing.
❌ Cons:
❌ No loyalty program – Unlike BetMGM or DraftKings, you don’t earn points.
❌ Fewer promos for existing users – Some competitors offer better ongoing bonuses.
FanDuel Sportsbook FAQs
Can I withdraw bonus bets from FanDuel?
No, you need to wager them first. If you win, you get to keep the profit.
How long do FanDuel bonus bets last?
Bonus bets expire 7 days after you receive them, so use them quickly!
What states is FanDuel Sportsbook available in?
FanDuel is legal in 20+ states, including AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY.
Our Verdict: Is FanDuel Worth It?
Yes! FanDuel Sportsbook is one of the best options in the U.S. Whether you’re betting on the Super Bowl, March Madness, or the Kentucky Derby, they offer solid odds, quick payouts, and great live betting features.
While they could improve loyalty rewards, their user-friendly app and strong odds boosts make them a top choice.
