FanDuel Promo Code $50 For Existing Users: What Rewards & Loyalty Promotions Are Available?

As you probably know, FanDuel is not pulling any punches when it comes to rewarding active players. So, it’s no wonder that many are asking whether the FanDuel promo code of $50 for existing users is a real thing.

 

The truth is no such thing exists, although there is something quite close to it and that’s the FanDuel refer-a-friend program which also rewards users $50 for every successful referral. You should know though that’s only the tip of the iceberg because there are other FanDuel promos for existing users and that is what I am going to talk about below.

What FanDuel promos can existing users claim right now?

As I’ve talked about above, FanDuel doesn’t offer a straight-up $50 promo code for existing players. However, this doesn’t mean that you’re left without options since FanDuel has some exciting bonus up for grabs right after you’ve claimed the FanDuel new user promo. Some of the most popular FanDuel promos for existing users include the following:

FanDuel refer-a-friend program

The FanDuel refer-a-friend program lets you score as much as $50 for every friend you’ve referred to FanDuel and the best part is you don’t need a promo code for it. All you have to do is copy your unique referral link and share with your friends who aren’t FanDuel users yet. When your friend signs up and places a qualifying wager of at least $10, you’ll both receive $50 in bonus bets regardless of the outcome of their wager.

This really stands out among other FanDuel offers as their current welcome bonus and the previous FanDuel bet $5 get $150 promotion required players to win their first bet in order to receive the bonus bets. If that’s not good enough, your referral link can be used up to five times per month. This means that you can get as much as $250 for just bringing your friends to FanDuel.

FanDuel Dinger Tuesday

The FanDuel Dinger Tuesday is another FanDuel promo that you should check out, especially if you are into Major League Baseball. One thing I love about this is that you can use it on virtually anything, including straight home run prop bets and even same-game parlays. It is, however, worth noting that you’ll need to opt in every Tuesday to qualify for the promo.

Profit boosts

Every now and then, FanDuel rolls out profit boosts for existing users to increase your payouts on selected bets. These boosts are usually available whenever there’s a major sporting event or a popular matchup. As a personal tip, it might be a good idea to always check the FanDuel promotions page since these profit boosts are usually available for a limited time and tied to specific events.

Pros and cons of FanDuel promos for existing users

Since there is no FanDuel promo code of $50 for existing users, let’s now focus on the pros and cons of what’s actually available once you’ve signed up for a FanDuel account. Quite frankly, it’s even better than the $50 FanDuel promo code I was searching for at the start or even the FanDuel promo code of $100 for existing users.

That’s because you’re not only limited to a single promo and can take advantage of multiple offers at the same time. However, like everything else, these FanDuel promos for existing users come with some upsides and drawbacks that you should know so you won’t find yourself being caught off guard.

Pros

  • No promo code needed
  • Increases potential payout
  • Up to $250 in monthly referral bonuses
  • Easy to claim

Cons

  • Cash out restrictions

How to claim the FanDuel promo for existing users?

Unlocking FanDuel promo for existing users is really easy as long as you’ve already verified your FanDuel account. Here’s a step-by-step guide on how you can get your hands on all of the juiciest FanDuel promos available for existing users.

Log in to your FanDuel account

As you’ve probably guessed by now, only existing users can claim the promos I’ve mentioned above. So, if you haven’t done so, make sure to log in to your FanDuel account right now by filling in your username and password.

Go to the FanDuel promotions page

Once logged in, you can head into the FanDuel promotions page to view all the available offers to your existing users. Here you can see the FanDuel refer-a-friend program and some profit boots on select sporting events. Some promos like the FanDuel Dinger Tuesdays only appear every Tuesday so it’s important to check the Promotions page regularly to avoid missing out. One thing I usually do after I place a bet every morning is check the Promotions page to see if there’s anything new that could help me make the most out of my bets.

Choose the promo you want

After browsing the FanDuel promotions page, the next step is to choose the promo you want. It is worth mentioning that some of the FanDuel promos for existing users have specific terms and conditions so it’s important that you read them carefully before opting in. Some of the things you need to keep in mind when opting in for a promo are the minimum odds requirement, qualifying stake amounts, and expiration dates.

You should also check whether it requires any FanDuel promo code for existing users. Although you won’t need a promo code to claim some of the FanDuel promos I’ve mentioned above, there have been instances when FanDuel has required users to enter a specific promo code before placing their qualifying bet.

Once you’ve fulfilled all the requirements, your bonus should be available immediately unless of course FanDuel specifies otherwise. If you don’t see your bonus right away, then it might be best to double-check the promo’s terms to confirm when the bonus is expected to arrive.

Tips for using the FanDuel promos for existing users?

While you can always splash the bonus bets you can get from FanDuel promos for existing users on a long shot, it is always not a good idea, especially if you want to make the most of it. Although there are no hard and fast rules on how you can use it to your advantage, here are some things I usually do with the bonus I get from FanDuel.

1. Split your bonus bets

Many people think that the best way to use FanDuel bonuses for existing users is to place it all on one bet because they might not fulfill any wagering requirements. The good news is that most FanDuel promos for existing users have no wagering requirements so you can split it into multiple smaller bets without worrying about any restrictions.

2. Look for value bets

As I’ve mentioned above, you should steer clear of long shots and instead look for value bets. While bonus bets are technically free, using them on value selections gives you a better chance of turning them into real cash since only the profit from the bonus bets is available for withdrawal and not the bonus stake itself. For example, the potential payout of a $50 bonus bet at 2.00 odds is set at 100 but the withdrawable amount is only $50 since the original $50 stake cannot be withdrawn.

Bonus Bet StakeOddsPotential PayoutWithdrawable Amount/Profit
$502.00$100$50

3.Try new sports and betting markets

The good thing about these FanDuel promos for existing users is it lets you learn the ropes of betting. As a matter of fact, FanDuel bonuses have helped me get comfortable with different bet types. Like everyone else, I only knew about straight moneylines when I first started betting. However, with FanDuel’s frequent bonus promotions, I was able to try my hand on player and team props which can be profitable, especially when you have the inside scoop on a particular athlete or squad.

Take advantage of FanDuel promos for existing users today

While there isn’t a FanDuel promo code of $50 for existing users, there are several FanDuel promos that might be better. By simply logging in and checking the promotions page daily, you give yourself a chance to unlock profit boosts, refer-a-friend bonuses, and even sports-related promos like the FanDuel Dinger Tuesdays. As always, make sure to read the terms and conditions of each promo since every offer comes with a set of unique requirements that you have to fulfill before you can get your hands on these exciting bonuses.

FanDuel promo code of $50 for existing users FAQ

Does FanDuel have a $50 promo code for existing users?
FanDuel doesn’t offer a direct $50 promo code for existing users. However, there are several FanDuel promos for existing users you can take advantage of including the Refer-a-Friend program, profit boosts, and the FanDuel Dinger Tuesdays.
Do you need a promo code to claim the FanDuel promos for existing users?
No FanDuel promo code is needed to claim the latest FanDuel promos for existing users although it’s important that you check the terms and conditions of each offer from time to time so you’re not missing out on any important details.
Who can claim FanDuel promos for existing users?
You’ll need to have a verified FanDuel account before you can start claiming FanDuel promos for existing users.

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