Note: The FanDuel Bet $5 Get $150 promotion is no longer available. FanDuel has since replaced it with a different welcome offer. Check the latest promotion through the links on this page before signing up.
Was the FanDuel Bet $5 Get $150 promo available?
The FanDuel Bet $5, Get $150 bonus was one of FanDuel’s previous welcome offers.
Eligible new users received $150 in Bonus Bets if their initial $5 wager won. This gave bettors more than enough Bonus Bets to try different sports, whether it was basketball, football, tennis, or even less popular markets like darts, chess, and table tennis.
One of the best parts of the offer wasn’t just the number of Bonus Bets available from a $5 qualifying wager. A successful account sign-up also unlocked access to ongoing promotions, including the FanDuel promo code for existing users, which helped bettors continue taking advantage of future sportsbook offers.
Who can sign up to FanDuel?
Before I talk about how you could have claimed the former FanDuel Bet $5 Get $150 offer, it’s important to know who can sign up for an account in the first place. The truth of the matter is that it depends on where you live and which FanDuel product you are using. Currently, FanDuel offers four products: FanDuel Sportsbook, FanDuel Casino, FanDuel Daily Fantasy Sports, and FanDuel Racing. In the table below, I’ve broken down each FanDuel product and how old bettors need to be to sign up.
| FanDuel Products | Legal Age |
|---|---|
| FanDuel Sportsbook | At least 21 years old in most US states, except for bettors in Kentucky, Washington D.C., and Wyoming where the legal age to join FanDuel Sportsbook is 18+ |
| FanDuel Casino | 18+ in most US states |
| FanDuel Daily Fantasy Sports | 18+ in most US states, 19+ in Alabama, and 21+ in Arizona, Iowa, Louisiana, and Massachusetts |
| FanDuel Racing | 21+ in all US states |
As of this writing, FanDuel is available in 24 US states. These include Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, and Mississippi. Bettors in New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Washington D.C., West Virginia, and Wyoming can also place action on FanDuel. Missouri was just added recently, so it’s always a good idea to check the FanDuel terms and conditions page every now and then to see whether your state has been included.
How to claim the FanDuel Bet $5 Get $150 promo?
Claiming the former Bet $5 Get $150 welcome bonus was straightforward, and the best part was that no promo code was required.
Create a FanDuel Account
Bettors needed a FanDuel account to unlock the Bet $5 Get $150 welcome offer or the FanDuel promo code $50 for existing users. Signing up only took a few minutes as long as the eligibility requirements were met. Users simply visited the FanDuel website or clicked one of the FanDuel banners on this page and entered their personal information, including their full name, email address, location, and password.
Verify your FanDuel account
Once registered, users had to verify their email address to complete the registration process. While most states allowed the Know Your Customer (KYC) process to be completed later, others such as Connecticut, Iowa, Maryland, New Jersey, New York, and Pennsylvania required verification before betting.
During the KYC process, users submitted a government-issued ID and proof of address to verify their identity. In some states like Connecticut, New Jersey, and Pennsylvania, additional verification checks, including proof of income, could also be required.
Fund your account
After completing the KYC process, bettors were ready to deposit money into their FanDuel account. Deposits started from as little as $5 using credit and debit cards, online banking, PayPal, FanDuel Prepaid Play+, Cash at Counter, PayNearMe, or gift cards. Withdrawals generally had to be made using the same method used to fund the account.
Place your qualifying wager
To qualify for the promotion, bettors had to place a qualifying wager of at least $5. Eligible markets included moneyline bets, spreads, totals, player props, and team props.
As a personal tip, it was usually better to bet on something you knew well rather than chasing long-shot parlays, since the $150 in Bonus Bets was only awarded if the qualifying wager won. One of the strongest features of the FanDuel Bet $5 Get $150 welcome offer was that there was no minimum odds requirement, meaning heavy favorites still qualified.
Receive $150 in Bonus Bets
Once the qualifying wager settled as a winner, FanDuel credited the account with $150 in Bonus Bets.
Those Bonus Bets expired seven days after being credited. To use them, bettors simply selected the Bonus Bet option when placing a wager, and the amount was deducted without affecting the cash balance. Bonus Bets themselves weren’t withdrawable, although any winnings generated from them could be withdrawn after meeting the applicable terms.
After receiving the Bonus Bets, bettors could also participate in other promotions, including the FanDuel promo code $100 for existing users and FanDuel Profit Boost Tokens.
Pros and cons of FanDuel Bet $5 Get $150 offer
As you can see, there were plenty of things to like about the FanDuel Bet $5 Get $150 offer. Compared to many earlier welcome promotions, it stood out because there was no minimum odds requirement on the qualifying wager.
Pros
- Easy to claim
- No minimum odds requirement
- Available on multiple sports
- Low qualifying bet
Cons
- Bonus Bets expired after seven days
Join FanDuel today and check the latest welcome offer
Although the Bet $5 Get $150 promotion has ended, FanDuel continues to update its welcome offers for new customers. If you’re interested in joining the sportsbook, click any FanDuel banner on this page to see the latest promotion currently available in your state.
