FanDuel’s Bet $5, Get $150 Bonus – A Slam Dunk for New Users

Last updated December 3, 2024

FanDuel Sportsbook is revolutionizing how new users experience sports betting with its exciting Bet $5, Get $150 if You Win + 3 Months of NBA League Pass welcome offer. This limited-time promotion allows you to start betting with just $5, and if your first wager wins, you’ll receive $150 in bonus bets, valid for seven days. Even better, you’ll also unlock three months of NBA League Pass—perfect for basketball fans who want to follow every game.

As industry veterans with years of experience in online sports betting, we’re here to guide you through claiming this exclusive offer. There’s no need for a FanDuel promo code—simply sign up, make your first deposit, and place a $5 bet on your favorite matchup. Our expertise ensures you’ll navigate the process effortlessly, taking full advantage of one of the best promotions available today.

How does FanDuel bet 5 Get 150 work?

This is more than just a bonus; it’s FanDuel’s way of showing why they’re one of the top sportsbooks in the game. With $150 in bonus credits, weekend odds boost, and promotions tailored to big matchups, this deal turns an ordinary bet into an extraordinary experience. 

And the free NBA League Pass? That’s the cherry on top: bringing the world’s best basketball straight to your screen. Ready to jump in? Let’s break down the details of this winning combo.

  • To get $150 on FanDuel with a $5 bet, new users need to set up an account and place a $5+ wager on the NBA, NHL, or any sport. 
  • FanDuel's 30-1 odds boost allows new players to earn $150 by picking a winner. 
  • Additionally, with the NBA League Pass offer, the $150 bonus is guaranteed for those who bet on NBA games.

FanDuel $150 Bonus Sign Up Guide

Step by step registration process

To claim the FanDuel $150 bonus, enter details like your legal name, age, location, and banking information. Next, deposit at least $5 into your FanDuel account using a secure payment method such as PayPal, an online bank, or a debit card. This initial deposit will be your eligible wager for the "Bet $5, Win $150" promotion.

Bet $5 Win $150 Promo Terms & Conditions

  1. The bonus funds you receive are valid for seven days (168 hours) from the moment they are issued.
  2. If you win a wager using these bonus funds, note that the original $150 is not returned with your winnings. For instance, betting on a market with +100 odds means you’ll receive $300 in cash, not $600.
  3. This verified FanDuel promotion is valid until 11:59 p.m. ET on December 22, 2024.
1 Sign Up:

Create a new account on FanDuel Sportsbook by providing the necessary information.

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2 Make a Deposit:

Deposit a minimum of $10 into your FanDuel Sportsbook account.

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3 Place Your First Bet:

Place your initial cash wager of $5 or more on any eligible sport or event.

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4 Receive Your Bonus:

If your first bet wins, FanDuel will credit your account with $150 in Sportsbook Bonus Bets within 72 hours of your bet settling.

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5 NBA League Pass:

Regardless of whether your first bet wins or loses, you'll also receive 3 months of NBA League Pass for uninterrupted access to live games.

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Sqore FanDuel Sportsbook Promo Rating

This FanDuel promo ranks among the best when compared to new user offers at competing US Sportsbooks. 

  • Comparing the FanDuel bonus to similar available sportsbook bonuses
    • Comparing the bonuses offered by FanDuel and DraftKings reveals that both provide substantial value, each with unique advantages. FanDuel's bonus, often seen as more flexible, allows users to control their $150 in site credits, offering greater freedom in how they use their bonus bets. DraftKings, in contrast, typically offers six $25 bonus bets, providing a structured bonus experience. While both bonuses are among the best in the sports betting industry, FanDuel's approach caters to those seeking flexibility, whereas DraftKings appeals to users who prefer a more straightforward bonus structure.
  • Deposit amount needed to maximize the signup bonus.
    • FanDuel Sportsbook's bonus deposit requirement stands at $10, aligning it with other major sportsbooks like BetMGM. This deposit threshold is accessible for most bettors, facilitating entry into sports betting with a reasonable initial investment. In comparison, DraftKings offers a slightly lower entry point with a $5 deposit requirement for their new user bonus. While both FanDuel and BetMGM maintain a standard deposit requirement, DraftKings' lower deposit option might appeal to those seeking minimal initial investment. Overall, FanDuel's deposit requirement is competitive and in line with industry standards, offering a balanced entry point for new users.
  • Looking at the Terms and Conditions
    • In the competitive landscape of top sportsbooks, FanDuel, BetMGM, and DraftKings maintain a standard practice regarding the usage period of bonus bets. Typically, these sportsbooks require users to utilize their bonus bets within a 7-day window from the time of issuance. This time frame is a common industry standard, allowing bettors a full week to strategically use their bonuses. Comparatively, FanDuel aligns with this practice, offering a similar duration as its counterparts, ensuring consistency and fairness in the sports betting realm. Bettors should be aware of this timeline to maximize the potential of their bonus bets across these platforms.

The FanDuel Bonus Verdict

The FanDuel bonus is highly regarded for its exceptional value and user-friendliness. With a low risk of just $5 to unlock a potential $150 in bonus bets, the offer stands out for its impressive 30/1 return rate. While the 7-day timeframe to use the bonus bets is standard in the industry, some users might prefer a longer period for more strategic betting. Nevertheless, the overall appeal of the FanDuel bonus lies in its generous amount and the minimal risk involved, making it an attractive choice for both new and experienced bettors in the sportsbook market.

⭐ Sqore Promo Rating4.5/5

Top questions about the FanDuel Bet $5 Get $150 bonus

Can I bet more than $5?

Yes, you can bet more than $5 with the FanDuel Bet $5 Get $150 offer. While $5 is the minimum required to qualify for the bonus, there is no limit on how much you can bet on your first wager. However, the $150 in bonus bets will only be awarded once, regardless of the amount wagered beyond $5. This means you have flexibility in how much you want to bet initially, depending on your personal betting strategy.

Is the FanDuel Bet $5 Get $150 offer only valid for new users?

The FanDuel Bet $5 Get $150 offer is exclusively available to new users. To qualify, you must create a new FanDuel Sportsbook account and place an initial cash wager of $5 or more. This promotion is intended to welcome new customers, so existing users are not eligible for this bonus. It applies only to your first bet, and you will receive $150 in bonus bets regardless of whether your wager wins or loses.

How to get more bonus bets on FanDuel?

To get more bonus bets on FanDuel, you can take advantage of ongoing promotions and special offers. These promotions often require you to opt in and complete specific activities, such as placing a qualifying bet or participating in a featured event. Once you fulfill the requirements, the bonus bets will automatically appear in your account. Additionally, keep an eye on seasonal promotions, loyalty rewards, and other special offers to maximize your bonus bet opportunities.

Is there a limit you can bet on FanDuel?

Yes, FanDuel does have betting limits that vary depending on the type of wager. For most major markets, the limit is set at $1,000,000. However, for more specialized or niche markets, the limits are lower, typically ranging from $250,000 to $500,000. These limits ensure fair play and responsible betting across all types of wagers on the platform.

How long does FanDuel take to pay out?

FanDuel payout times vary depending on the withdrawal method used. Once a withdrawal request is approved, which can take up to 48 hours, payment methods such as Online Banking, PayPal, Venmo, Debit Card, and FanDuel Prepaid Play+ can process in as little as one hour. However, depending on your bank or payment provider, it may take up to five business days for the funds to appear in your account.

Gus
Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.