FanDuel Promo Code: Earn a $250 Bonus If Your $5 Masters Bet Wins ⛳️

Score a Bet $5, Get $250 bonus for The Masters 2025 with FanDuel Sportsbook — no FanDuel promo code needed to claim the offer.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Apr 10, 2025 • 08:29 ET • 3 min read
FanDuel Promo Code for the Masters
Photo By - Imagn Images

The 2025 Masters Tournament tees off at Augusta National today, and FanDuel Sportsbook is offering a massive welcome bonus — no FanDuel promo code required! New users who bet just $5 on The Masters can unlock $250 in bonus bets if their wager wins. 🤑

With stars like Scottie Scheffler, Rory McIlroy, and Jon Rahm in the hunt for the Green Jacket, there's no better time to jump in on the action. Sportsbook promos like this limited-time offer gives new bettors a big boost heading into golf’s most iconic event.

Bet $5, Get $250 Bonus Bets If Your Bet Wins

How FanDuel's 'Bet $5, Get $250' offer works for the Masters 🌟

Here’s how the FanDuel welcome bonus works: Simply sign up, deposit at least $5, and place a $5 real money bet on any sports market — like Scottie Scheffler to win or McIlroy to finish Top 5 at The Masters. If your initial wager wins, FanDuel will drop $250 in bonus bets into your account within 72 hours.

There’s no FanDuel promo code needed to qualify, but you must use the FanDuel Sportsbook app to activate the offer. Bonus bets are valid for seven days after being credited and do not return the stake in any winnings. For example, a $250 bonus bet placed at +100 odds would net you $250 in cash — not $500.

It’s a simple and high-value welcome promo that can elevate your Masters betting experience. Just be sure your qualifying wager settles during the promotional window and your account is verified before you begin. 🏌️‍♂️

This offer is only available to first-time users in legal betting states, including those where FanDuel Sportsbook is already live and licensed.

FanDuel has bet boosts for your Masters wagers

FanDuel All Users
30% boost for a top 5/10/20 finish at the Masters! Claim Now

FanDuel All Users
Get a no-sweat bet for a First Round Leader wager at The Masters! Claim Now


Offer available to first-time customers in the following states: AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, NY, OH, PA, TN, VT, VI, WV, WY (+DC, & PR). Not available to residents of Ontario, CA

How to win a $200 bonus without a FanDuel promo code 🎟

It only takes a few minutes to get set up and bet on The Masters with FanDuel Sportsbook. Here's how:

  1. Register: Sign up for FanDuel Sportsbook. There's no FanDuel promo code required — just download the app and enter your details.
  2. Deposit Funds: Make your first deposit of $5 or more using a trusted payment method.
  3. Place a Bet: Wager $5 on any Masters betting market — if it wins, you’ll receive $250 in bonus bets.
  4. Withdraw Winnings: Bonus funds are subject to a one-time playthrough. Once completed, winnings can be withdrawn as cash.

🏆 Want to know more before betting? Check out our full FanDuel Sportsbook review for all the details.


Sportsbook promos comparison

Choosing the right sportsbook promos for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.

FanDuel DraftKings BetMGM
Current Bonus Bet $5, Get $250, If Your Bet Wins Bet $5, Get $150, Win or Lose $1,500 Bonus Bets Back
Promo Code None Required None Required CVRBONUS1500
Bonus Type Bet & Get Bet & Get Second Chance Bet
Bonus Amount $250 Bonus Bets $150 Bonus Bets One (< $50) or five (> $50) bonus bets
Wagering Period Fourteen Days Seven Days Seven Days
Min. Deposit $5 $5 $10

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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