FanDuel Sportsbook Bonus

FanDuel Sportsbook welcomes new customers with an attractive offer: bet $5 to get $300 in bonus bets if your first wager wins.

The FanDuel Sportsbook bonus is a straightforward offer, but it’s a clear step above average. As the industry’s market share leader, FanDuel suffers no shortage of resources to invest in bonuses and promotions – and nowhere is that clearer than in its welcome offer.

FanDuel entered the US sports betting market with widespread brand recognition due to its prior daily fantasy operations, but that is not the only thing FanDuel has done well.

Effective marketing campaigns, a customer-friendly deposit bonus, and frequent promotions have contributed to FanDuel cementing its position as the industry leader.

FanDuel Sportsbook Promo Code

• FanDuel Promo Code: None needed

FanDuel Sportsbook offers new customers $300 in bonus bets when they sign up, place a first bet of at least $5, and it wins. If their first bet doesn’t win, new customers do not receive the $300 in bonus bets.

Many online sportsbooks advertise bigger betting bonuses, but FanDuel’s is better than most for a few reasons that we’ll delve into shortly.

But first, here’s how to claim the current FanDuel bonus:

• Visit FanDuel.com to sign up for an account
• Deposit $5 or more
• Place a first bet of at least $5 on any sport

After completing the above steps, bettors will receive $300 in bonus bets if their first wager wins.

FanDuel Sportsbook Bonus Pros

The FanDuel Sportsbook bonus has three primary strong points:

First, all eligible customers qualify for the bonus if their first bet wins.

Other sportsbooks may advertise bonuses worth a thousand dollars or more, but bettors only receive the bonus if their first bet loses. If you claim a first bet refund offer and your initial wager wins, you get nothing except your winnings. In contrast, customers who place winning first bets get the $300 FanDuel bonus.

Second, the FanDuel Sportsbook bonus requires minimal upfront risk. New users only have to deposit and wager at least $5 to potentially claim $300 in bonus bets.

A competing sportsbook’s offer of up to $1,000 may sound attractive, but a bettor would have to place a cash wager of at least that much (and lose) to claim the maximum bonus amount.

Third, the FanDuel Sportsbook bonus is divisible.

In other words, bettors do not have to use their $300 in bonus bets on a single wager. Bettors can break up the bonus into as many bit-sized pieces as they want.

Most online betting bonuses still require customers to use their bonus bets in one big chunk. That means if you receive a $500 refund from a competing offer, you’ll have to use the entire bonus amount on a single wager.

FanDuel Bonus Cons

Although the FanDuel bonus is better than most, it’s not perfect.

First, bonus bets expire in seven days. If you don’t use your bonus bets within seven days, FanDuel will remove them from your account.

It’s nice that bettors can break up their FanDuel bonus bets into as many wagers as they wish, but the one-week expiration date limits how selective bettors can be when using them.

Second, customers only receive the net winnings when they use bonus bets to place wagers. The original stake is not included in the return.

For example, a bettor who uses $100 in bonus bets to wager on a -200 favorite and wins would only receive $50 in withdrawable cash. A bettor who places that same bet using cash would receive $150 because it would include the return of the original stake.

Ranking the FanDuel Welcome Offer

The FanDuel $300 bonus bets offer is among the best in the industry, and it’s the decisive winner for small stakes bettors.

The low upfront risk contrasted against the relatively large bonus amount makes it an obvious choice for anyone who wants to test the waters without committing to a large deposit. And even for higher-stakes bettors, it’s hard to beat the value this bonus offers.

Other FanDuel Promotions

FanDuel’s promotional lineup varies throughout the season, often reflecting the main in-season sports.

Below are two examples of recent FanDuel promotions:

• Multi-Sport Parlay Insurance: Place a 4+ leg parlay on any combination of sports, and if you hit every leg except one, FanDuel will give you back up to $25 in site credit
• Daily Odds Boost: FanDuel selects a handful of wagers to give them an enhanced payout for that day. For example, FanDuel might boost the odds on one bet from +300 to +400, another wager from +500 to +600, and yet another from +125 to +150

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