FanDuel Bet $5, Get $200 Bonus Offer – New User Promo

Last updated August 15, 2025

FanDuel has a $5-for-$200 deal that’s pretty simple and very popular. You create an account, add at least ten bucks, and place a $5 bet. If that bet wins, they’ll add $200 in bonus bets to your account. You don’t need a code or anything fancy.

It’s about the same as the Draftkings $5 for $200 or the Bet365 Bet $5 Get $150 new user bonuses.

The FanDuel app runs smoothly and is easy to figure out, even if you’re new to this. You’ll see all the major sports and enough betting options to use those bonus bets without much guesswork.

If you’re curious, it’s a low-risk way to try things out with a little extra in your corner.

Here’s how it works:

🎁 Bonus Promo Offer:Bet $5 Get $300 in Bonus Bets If Your Bet Wins!
🇺🇸 Available in:All Legal US States
💰 Minimum deposit:$10
🗓️ Days to use bet credits:14 days
🗓️ Bonus TermsTo claim, new users must register, deposit at least $5, and place their first real-money bet on any FanDuel Sportsbook market. The bet must win to receive the $300 in bonus bets, except for TN, AZ, CO, KS, and NC, where it is guaranteed.
Promo Rating5/5
+21. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY), 877-8-HOPENY (NY) 1-800-327-5050 (MA) Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 (MI)

How FanDuel's Bet 5 Get 200 Bonus Works

FanDuel Bet 5 Get 200

FanDuel's Bet 5 Get 200 offer is pretty straightforward. This is what you do:

  1. Open a FanDuel account and put in at least $10.
  2. Place a $5 bet on any game you like.
  3. If your first bet wins, you get $200 in bonus bets.

📋 Key Terms & Conditions:

ConditionDetails
Initial BetMinimum $5 bet on any event.
Bonus Amount$200 in Bonus Bets if your first bet wins.
TimeframeBonus credited within 72 hours of a winning bet.
Promo CodeNo promo code required if signing up through the link.
Available StatesArizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming.

💵 Do this Promo Really Give You $200?

Yes. As long as your first $5 bet wins, you’ll see $200 in bonus bets show up in your account. Just make sure you’ve deposited at least $10 before placing that first bet.

✅ Is this FanDuel Bet 5 Get 200 Promo Legal?

Definitely. FanDuel has been around for years and runs by the book in every state where it's legal. The bonus works just like they say it does. If your first bet wins, you get the bonus. No tricks or fine print hiding anything.

🤔 How Do Bonus Bets Work at FanDuel?

Once you get the bonus, you’ll see the bonus bets show up in your account or on your bet slip. You can use them on most sports or bet types, as long as they fit the promo rules.

Let’s say you’ve got $200 in bonus bets. You could split it into smaller wagers — maybe $25 here, $50 there — on different games or bet types. If one of those bets wins, you only keep the winnings, not the bonus amount itself. So if a $25 bonus bet wins you $60, that $60 is yours, but the $25 stake disappears. Just make sure to use the bonus bets before they expire.

Claim My Bonus at Fanduel
Bonus Code: CLICK HERE
+21. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY), 877-8-HOPENY (NY) 1-800-327-5050 (MA) Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 (MI)

How to Claim Bet $5 Win $200 FanDuel Promo

How to Claim $200 On FanDuel

Getting the $200 bonus bets at FanDuel is pretty simple. First, sign up and put in at least $10. Then place a $5 bet on any game or event. If that bet wins, FanDuel adds $200 in bonus bets to your account.

That’s really all there is to it. Just follow the steps below to get started.

1 Sign up and add funds

Create your FanDuel account and deposit at least $10 to get started.

create
2 Place your first bet

Make a $5 cash bet on any sport you like.

3 Win and get your bonus

If that first bet wins, FanDuel drops $200 in bonus bets into your account. You’ll usually see them within a couple of days. Then you can use them on more bets across the site.

What’s Good (and Not So Good) About FanDuel’s $5 for $200 Deal

If you're new to this and want a simple way to try out sports betting with some bonus bets, this FanDuel deal is one of the better ones out there. Here’s a quick look at what works — and what to keep in mind.

Pros
  • Simple to Get Started

You just sign up, add $10 or more, and place a $5 bet. If that bet wins, you get $200 in bonus bets.

  • No Odds Rules

Your first bet doesn’t need to be on long shots or high-risk picks. You can go with any odds you feel good about and still get the bonus if it wins.

  • Use Your Bonus Your Way

The $200 in bonus bets can go toward any sport or market you want. You’re not stuck with one type of bet, so you can try out different options.

  • Quick Payout

You’ll receive your bonus bets within 72 hours of your first bet winning. That’s a fast turnaround for something that can help you get more action in without waiting long.

  • Available Across Many States

This offer is available in many states, including Arizona, New Jersey, Michigan, Tennessee, and more. As long as FanDuel operates in your state, you can access this offer.

  • No Promo Code Required

There’s no need to worry about entering a promo code. Just sign up through the link or banner on the page, and you're good to go.

Cons
  • Must Win Your First Bet

The main drawback is that your first bet must win to receive the $200 in bonus bets. If you’re not familiar with sports betting, this could feel like a bit of pressure. If you don’t win, you’ll miss out on the bonus.

  • Limited to New Users

This offer is only available to new users. If you’ve already signed up with FanDuel, you won’t be able to claim this deal. However, FanDuel regularly runs other promotions, so there’s always something to check out.

  • Bonus Bets Can’t Be Withdrawn

While you can use the bonus bets on various events, they can’t be cashed out. You’ll have to wager them first before you can withdraw any winnings.

✅ Conclusion

The Bet $5, Get $200 in Bonus Bets offer from FanDuel is an excellent choice for new bettors. It takes just a minute to lock it in, doesn’t require any promo code, and gives you plenty of flexibility to use the bonus bets on any event. While there’s the catch of needing to win your first bet, the potential rewards make it a great way to get started!

Where Is the FanDuel Offer Available?

FanDuel’s Bet 5 Get 200 promo is available in many states across the U.S. If you’re in one of these states, you can claim the offer as a new user and start placing bets right away.

Here’s where you can get in on the action:

StateOffer Availability
ArizonaYes
ColoradoYes
ConnecticutYes
IllinoisYes
IndianaYes
IowaYes
KansasYes
KentuckyYes
LouisianaYes
MarylandYes
MassachusettsYes
MichiganYes
New JerseyYes
New YorkYes
North CarolinaYes (Guaranteed)
OhioYes
PennsylvaniaYes
TennesseeYes (Guaranteed)
VermontYes
VirginiaYes
West VirginiaYes
WyomingYes

📋 Important Terms to Remember

To claim the $200 bonus, here’s what you need to do:

  • Register and make a deposit of at least $10.
  • Place your first bet of at least $5 on any FanDuel Sportsbook market.
  • Win the bet to get your $200 in bonus bets.

However, in Tennessee (TN), Arizona (AZ), Colorado (CO), Kansas (KS), and North Carolina (NC), this bonus is guaranteed, meaning even if your first bet doesn’t win, you’ll still get the $200 in Bonus Bets.

For all other states, your first bet must win to unlock your bonus. This is a great opportunity to get started, especially in those states with the guaranteed bonus!

FanDuel Promo Code – Everything You Need to Know

When it comes to FanDuel, you might be wondering if a promo code is needed to get the best offers. While for some promotions like Bet 5 Get 200, no promo code is required, other promotions may ask for one. Here's everything you need to know about FanDuel promo codes and how they work, plus answers to some common questions.

📋 Do You Need a FanDuel Promo Code?

For many of FanDuel's promotions, such as the Bet 5 Get 200 offer, you don’t need a promo code. Just sign up, add some funds, and place your first bet. That’s it. 

Now and then, you might run into a special deal that does ask for a code — usually tied to a specific link or promo. If that’s the case, it’ll be clear when you sign up.

📋 How Do FanDuel Promo Codes Work?

FanDuel promo codes work by unlocking special bonuses or increased offers when you sign up or make a deposit. You enter the code when you’re signing up or depositing funds, and you’ll unlock a specific deal tied to that code.

Promo Code UseBonus Details
During RegistrationUnlock special sign-up bonuses
Deposit CodesExtra bonus funds or free bets

Every promo code goes with a certain deal, so it’s worth double-checking the details when you’re signing up or adding money to your account.

💬 Common Questions About FanDuel Promo Codes

📍 How Do I Find a FanDuel Promo Code?

The easiest way is to check here on Score.com. We keep a fresh list of all the current FanDuel deals and any codes that go with them. You’ll see what’s live in your state and know the code’s legit before you use it.

📍 Is There a FanDuel Promo Code for Tennessee, Arizona, or Other States?

Yes, FanDuel regularly offers promo codes for various states, including Tennessee, Arizona, Michigan, and more. Promos aren’t always the same in every state, so it’s smart to look at what applies where you live. Some states like Tennessee or Arizona might have their own deals, and those usually need the right code to work.

📍 Do I Need a Promo Code for the $1,000 Risk-Free Bet?

No, for the $1,000 Risk-Free Bet, you don’t need a promo code. Sign up, put in some money, and place your first bet. If it doesn’t win, you’ll get the amount back as site credit, up to $1,000.

📍 How Can I Use a FanDuel Promo Code in Tennessee or Arizona?

If you're in a state like Tennessee or Arizona, just enter the code when signing up or adding funds. The bonus should show up once everything’s in place. Always double-check the rules for your state so you know exactly what to expect.

🌍 FanDuel Bonus Codes by State

FanDuel has different deals depending on where you live. Here’s a quick look at how it works in a few places:

StatePromo Code Availability
West VirginiaBonus codes show up pretty often
New JerseySome deals are exclusive for this state
MichiganOffers and promo codes available for new users
PennsylvaniaPromo codes tied to new sign-ups
TennesseeGuaranteed promo deals with no code required

Keep an eye out for these offers, especially during major sports events when FanDuel often rolls out special promotions.

🔑 Key FanDuel Promo Code Tips

  • Check the Terms: Always read the fine print to understand the promo details and ensure the code is valid for your state.
  • Use the Right Code: Some promotions are exclusive to specific states, so make sure you're using the right code for where you live.
  • Look for Special Deals: FanDuel frequently offers limited-time codes during big sports events, so don’t miss out on these deals.

With these insights, you’ll be ready to take full advantage of FanDuel’s promo codes and get the best bonuses available!

About FanDuel

FanDuel Sportsbook was founded on July 21, 2009, and is owned by Flutter Entertainment. Headquartered in New York, Amy Howe takes the lead as FanDuel Sportbook’s CEO. 

FanDuel Sportsbook is among the leading names in the sports betting market, along with DraftKings and BetMGM. In addition to sports betting, FanDuel offers daily fantasy sports, an online casino, and online horse racing betting.

The FanDuel website and mobile apps are eligible across all US states where online sports betting is regulated.

Fanduel SportsbookDescription
Mobile AppYes (iOS and Android)
Sports OfferedExtensive selection, including NFL, NBA, MLB, soccer, golf, MMA, and many more
Bet TypesMoneyline, point spread, over/under, prop bets, futures, parlays, and more
Live BettingYes, with real-time in-game wagering
Online CasinoYes, but only in a few states
Daily Fantasy SportsYes, in around 45 states
Loyalty ProgramYes, FanDuel Players Club
Refer-a-Friend ProgramYes, the bonus amount varies
Payment MethodsCredit/debit cards, PayPal, ACH transfers, online bank transfers, and more
Customer SupportEmail, live chat, comprehensive FAQ section
Responsible GamblingProvides tools for establishing limits and opting for self-exclusion
SecuritySSL encryption with robust data protection protocols

Ongoing Promotions and Other Bonuses at FanDuel

FanDuel offers a range of exciting promotions and bonuses, perfect for bettors looking to maximize their experience beyond the Bet 5 Get 200 offer. Here’s a look at some of the other perks you can take advantage of.

🎯 $1,000 Risk-Free Bet

If you're new to FanDuel, the $1,000 Risk-Free Bet might be a great start. This deal lets you place a bet and get another shot if it doesn’t go your way. Here’s how it works:

  1. Place your first bet: You must bet on any sports market.
  2. Risk-free: If your first bet loses, FanDuel refunds the amount in site credit, up to $1,000.
Bet AmountRefund
$1 – $1,000Full refund in site credit

This promotion is ideal for those who are a little cautious but still want to dive in and explore.

🛡️ FanDuel Parlay Insurance 

If you love placing parlays, this is for you! FanDuel offers Parlay Insurance for those near-miss moments. Place a parlay with at least 4 legs, and if just one leg fails, you’ll receive up to $25 in site credit.

  • How it works: Place a parlay of 4 or more legs.
  • If one leg loses, you’ll get up to $25 back.
Parlay LegsMaximum Refund
4+ legsUp to $25 in site credit

It’s a nice cushion when you’re one leg away from a big win.

👥 Refer a Friend Bonus

FanDuel’s Refer a Friend bonus lets you earn rewards for spreading the word. Here’s how it works:

  1. Invite a friend to join FanDuel.
  2. Once they sign up and place a bet, both of you receive a bonus.
Referral BonusRequirements
Up to $50Friend must make a $10 bet

It works out for both of you. Your friend gets a head start, and you both pick up a bonus.

💥 Same-Game Parlay + Bet Boosts

FanDuel sometimes puts out special deals that raise the odds on certain bets. You might see one tied to a big game or a same-game parlay. These can bump up your potential payout a bit, so it’s worth checking your account now and then to see what’s live.

EventBoost Type
Major gamesSame-Game Parlay Boost
Select sportsBet Boosts

These promotions are a great way to take advantage of higher payouts when placing bets.

📋 Summary of Ongoing Promotions

PromotionDetails
$1,000 Risk-Free BetGet up to $1,000 back in site credit if your first bet loses.
Parlay InsuranceGet up to $25 back if one leg of your 4+ leg parlay loses.
Refer a Friend BonusEarn up to $50 when a friend signs up and places a bet.
Same-Game Parlay + Bet BoostsEnjoy boosted odds on select games and sports events.

FAQ

IS WAGERING ON FANDUEL LEGAL?

Yes. As long as you play within the eligible states, it is legal to place your wager at FanDuel.

WHAT ARE THE MINIMUM AND MAXIMUM DEPOSITS ON FANDUEL?

The minimum deposit is $10 and the maximum deposit is $10,000.

ON WHAT DEVICES CAN I ACCESS FANDUEL?

You can access FanDuel through a website or mobile apps that are available on iOS and Android platforms.

HOW DO I WITHDRAW FROM FANDUEL?

You can choose any withdrawal options such as ACH transfer, physical check, PayPal, or nearest casino cage.

DOES FANDUEL OFFER LIVE BETTING?

Yes. You can check the live betting feature at the top of the homepage or mobile app.

CAN I CREATE ANOTHER ACCOUNT IN FANDUEL?

No. Having multiple accounts is violating FanDuel’s Terms. Contact FanDuel’s Customer Team if you have any troubles regarding 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.