FanDuel $200 Promo Code - Bet $5 Get $200 in Bonus Bets

Last updated April 10, 2024 | Published June 1, 2022

FanDuel provides a significant welcome offer for new users, featuring a $200 bonus in bonus bets. To access this promotion, a new user must first sign up on FanDuel. The crucial step following registration is to deposit and then place an initial bet of $5 or more on any sports event. If your first bet wins collect an additional $200 in bonus bets on top of your initial bet winnings.

How does FanDuel 5 for 200 work?


FanDuel's 'Bet $5, Get $200' promotion provides a significant bonus for new online sportsbook customers, streamlining the process without requiring a promo code. To access this offer, new users must first sign up for a FanDuel account and make an initial deposit of at least $10. Following this, place a qualifying first bet of $5 on any sports market deemed eligible. Successful wagers will not only yield the original winnings but also reward the bettor with $200 in bonus bets. This lucrative offer ensures that new FanDuel members have the chance to significantly boost their betting resources from their very first wager, combining the thrill of potential wins with a substantial bonus payout

Terms & Conditions

  • You can bet on any event to trigger the $200 bonus
  • There are no odds requirements for the initial $5 bet.
  • New users will receive their $200 in bonus bets within 72 hours of the bet winning.
  • A FanDuel promo code is NOT required for this offer if you sign up through a link or banner on this page.
  • Offer is available in all states where FanDuel’s online betting platform operates. Those states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wyoming.

Does FanDuel give you a $200 bonus?

Yes, FanDuel offers a $200 bonus in the form of Bonus Bets to new customers. To qualify for this bonus, simply complete the registration process to create your FanDuel account and deposit a minimum of $10. Then, place an initial wager of $5 on any sports market. Following this wager, regardless of the outcome, FanDuel credits your account with $200 in Bonus Bets. This offer provides an excellent opportunity for new users to begin their sports betting journey with FanDuel, offering a substantial boost to explore a wide variety of betting options. Downloading the FanDuel app is recommended for a seamless betting experience, although it is not a requirement to receive the bonus.

Is the FanDuel promo legit?

FanDuel's promotional offers, including their sportsbook bonuses, are indeed legitimate and trustworthy. As a prominent name in the online sports betting industry, FanDuel operates with strict adherence to various state regulations, ensuring legality and reliability. Their promotions, such as welcome bonuses and special deals, aim to enrich the user experience with clear terms and fair play. Participants can be assured of a secure betting environment, as FanDuel prioritizes the safety and enjoyment of its users. This commitment to transparency and regulation solidifies FanDuel's status as a reputable platform for sports betting enthusiasts.

How does the FanDuel bonus bet work?

The FanDuel bonus bet system offers a flexible bonus that users can find within their account page or directly in the betslip. These bonus bets can be utilized for a wide range of purposes, from general betting across various sports to specific events, games, or types of bets, with the applicable conditions clearly outlined in your betslip or account details. For instance, if you receive a $200 Bonus Bet, you can apply this bonus to wager $25 on an NFL game like Super Bowl, such as betting on the 49ers to cover the spread. Bonus bets are credited to your account under certain promotions or as rewards and must be used according to FanDuel’s terms, such as within a specified timeframe and without being directly withdrawable as cash.

Claim My Bonus at Fanduel
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How to Claim Bet $5 Win $200 FanDuel Promo

How to Claim $200 On FanDuel

Acquiring the $200 bonus bets on FanDuel is a straightforward process for new users. Initially, a user must create an account on FanDuel and make a minimum deposit of $10. Following the deposit, the crucial step is to place the first real-money wager of at least $5 on any sports event of their choice. FanDuel awards the $200 bonus in free bonus bets if the outcome of this initial wager is a win.

Claiming bet $5 win $200 promo is easy and simple. Follow the detailed steps below to access the offer.

1 Register & Deposit

First, register for a FanDuel Sportsbook account and make an initial deposit of at least $10.

2 Wager $5 on any sports market

Next, place your first cash wager of $5 or more on any sports market. 

3 Win & Collect

If this initial bet results in a win, FanDuel credits your account with $200 in Bonus Bets, enhancing your betting experience right from the start. These Bonus Bets are credited within 72 hours of your winning bet settlement, allowing you to further explore FanDuel's wide range of sports betting options. 

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, such as  DraftKings and BetMGM. Apart from sports betting, FanDuel also 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 Sportsbook FeaturesInformation
Mobile App AvailabilityYes (iOS and Android)
Sports Betting MarketsExtensive selection, including NFL, NBA, MLB, soccer, golf, MMA, among others
Types of Bets OfferedMoneyline, point spread, over/under, prop bets, futures, parlays, and additional varieties
Live BettingYes, with real-time in-game wagering
Loyalty ProgramYes, FanDuel Players Club
Refer-a-friend ProgramYes, bonus amount varies based on the referred activity
Payment MethodsCredit/debit cards, PayPal, ACH transfers, online bank transfers, among others
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



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


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


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


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


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


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

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.