ByFrank Ammirante

Mar 10, 2025

FanDuel Bet $5 Get $200 Promo

  • Bet $5, Get $200 in Bonus Bets

    Bet & Get

    Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KS, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY Call 877-8- HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ to wager. Please Gamble Responsibly. Call 1- 800-NEXT-STEP (AZ), 1-800-522-4700 (NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981- 0023 (PR).

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    Visit FanDuel Sportsbook |Read Review
    • Intuitive App

    • Single Game Parlay Option (SGP)

    • Timely Promotions & Odds Boosts

    • Tons of Markets and Bet Types

Simply complete registration, make a $5+ wager, and if your bet wins, the bonus is yours.

Be sure to when signing up. There is no promo code required for this welcome bonus.

FanDuel Bet $5, Get $200 Promo Code

The FanDuel Bet $5, Get $200 offer is one of the best sportsbook promos in the industry. You have a chance at $200 in bonuses at FanDuel with no promo code required!

The only catch is that unlike other Bet & Gets, you need to win your first wager in order to secure the $200 in bonuses.

With that in mind, let’s take a closer look at how the FanDuel Bet $5, Get $200 promo works.

How the FanDuel Bet $5, Get $200 Works

Follow these steps to secure the FanDuel Bet $5, Get $200 promo.

  • to get to the FanDuel landing page.
  • Sign up by creating a username and password.
  • Include your name, address, and more to verify your identity.
  • Deposit at least $5 into your account using the various banking methods.
  • Place a $5+ wager on your preferred betting market.
  • If you win, you will get $200 in bonuses.
  • If you lose, you do not receive any bonus bets.

Wagering Requirements

  • You cannot withdraw bonus bets from your account.
  • The bonus is not included in the return of your wager.

Terms and Conditions

  • Must be at least 21 years of age.
  • New users only.
  • You will receive your bonus bets within 72 hours after your qualifying bet is settled.
  • Bonus bets expire seven days after being issued.

FanDuel Promo vs Its Competitors

Let’s take a look to see how the FanDuel promo compares to other operators.

bet365 Sportsbook

bet365 features a choice between Bet $5, Get $150. You can activate this offer using promo code GAMEDAY.

What’s great about this promo is that your bonuses are guaranteed.

Sign up today to take advantage of this offer.

DraftKings Sportsbook

DraftKings includes a Bet $5, Get $150 welcome bonus where the bonus is guaranteed.

This is similar to the bet365 Bet $5, Get $150. FanDuel has the same limit, but their bonus is not guaranteed.

Make sure to take advantage of this offer with no promo code required.

Caesars Sportsbook

New signups at Caesars can double their winnings for the first 10 bets with promo code GAMEDAYDYW.

The maximum bet for this profit boost is $25. You just have to wager $1 to be eligible for this offer.

This is a great bonus that can help you build your bankroll.

BetMGM Sportsbook

BetMGM gives new users a chance to secure up to $1,500 in bonuses with bonus code GAMEDAY.

This is where your first bet is matched up to $1,500 if it loses. Your bonus is provided as 20% increments of your initial pick, which is helpful because you can split up your bets into several wagers.

Read more about the BetMGM promo code.

Best Way To Use The FanDuel $200 Promo

The best way to use the FanDuel Bet $5, Get $200 promo is to play it safe on your first bet.

Remember that you need to win this wager in order to lock in the $200 in bonuses.

I would recommend finding your favorite player prop, since this market is easier to find an edge than spreads or totals.

Once you win your first bet and lock in the bonus, now you can start taking a more aggressive approach. You can sprinkle in some longshot parlays for a chance at a high payout.

With that said, I would still use more of your bonus on straight bets, since they’re easier to win.

The bottom line is that you want to make sure that you have an opportunity to play with your $300 in bonuses, so winning that first bet is essential.

Is the FanDuel Promo Worth It?

Yes, the FanDuel promo is worth it. While I prefer when the bonus bets are guaranteed, it’s still valuable to have a chance to net $200 in bonuses on a mere $5 wager.

This is one of the highest limits on a Bet & Get in the industry, so I understand why FanDuel decided to add in the requirement that you need to win your first wager.

Don’t miss out on the chance to 40x your $5 bet.

Think of it this way — if you built a $5 parlay to win $200, it would be a major longshot with (+4000) odds. But FanDuel is giving you that chance on a single wager!

Learn more about the FanDuel $200 promo.

How to Withdraw Your FanDuel Promo Winnings

Follow these instructions to withdraw at FanDuel Sportsbook:

  1. Click your account on the top-right.
  2. Select “Withdraw."
  3. Choose your preferred banking method.
  4. Wait until it is approved and processed.
  5. Depending on your banking method, you can have your funds within 1-3 business days.

Where Is the FanDuel Sportsbook Promo Available?

The FanDuel $200 promo is available in these 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
  • Wyoming
Promo TypeNew User Promo
SportsBookFanDuel Sportsbook
How to Enter
Promo Code

Author

Frank Ammirante

Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community. He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year. He's got a diverse sporting background, but specializes in football and baseball.

If you or someone you know has a gambling problem and wants help, please call 1-800-GAMBLER.

21+ and present in OH. Gambling Problem? Call or text 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY).

Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI).

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).

Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

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