FanDuel Promo Code - Bet $5, Win $200 for March Madness

March Madness is here, and you can claim the FanDuel promo code for $200 in bonus bets if your initial wager is successful.

Christian Stringer - Betting Editor at Covers.com
Christian Stringer • Betting Editor
Mar 17, 2025 • 15:11 ET • 3 min read
FanDuel Promo Code for the NCAA Tournament
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March Madness 2025 is here, and you can claim $200 in bonus bets with no FanDuel promo code required. 

You can wager on the Duke Blue Devils, Florida Gators, Auburn Tigers, and more with one of the best sportsbook promos in the country. Simply make a $5 deposit and $5 initial wager, and you will receive $200 in bonus bets if you are successful.

Bet $5, Get $200 Bonus Bets If Your Bet Wins

FanDuel - Bet $5, Win 200 for March Madness

Remember, no FanDuel promo code is required during registration: 

  • Download the FanDuel Sportsbook app to claim the welcome bonus.
  • Create a new account with your FanDuel sign-in credentials and deposit a minimum of $5
  • Place a $5 real money wager on any available market; FanDuel Sportsbook awards you $200 in bonus bets if it wins.
  • FanDuel bonus bets remain valid for seven days (168 hours) after issuance.
  • Winnings from bonus bets exclude the bonus amount; e.g., a $200 bonus bet at +100 odds yields $300 in withdrawable cash, not $600, if successful.
  • This Covers-verified FanDuel promo expires at 11:59 p.m. ET on April 7, 2025.

To learn more, check out our in-depth FanDuel Sportsbook Review.


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 Claim $200 in Bonus Bets with FanDuel

If you're at least 21 and live in a legal state, click to visit the FanDuel login page, provide your personal info — including date of birth, address, email, and SSN— and download the FanDuel Sportsbook app to claim your bonus. Deposit at least $5 into your new account, place a $5 real money wager, and if it wins, you’ll get $200 in bonus bets within 72 hours of settlement.

Sportsbook promos comparison

Choosing the right sportsbook promo for you is a breeze with Covers. We compare all the best offers for legal sports betting sites in your state.

FanDuel DraftKings BetMGM
Current Bonus Bet $5, Get $200, If Your Bet Wins Bet $5, Get $200, 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 $200 Bonus Bets $200 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.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
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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Betting Editor

Christian Stringer is a seasoned Betting Editor at Covers, specializing in the North American sports betting and iGaming industries. Since joining in 2022, he has played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels.

After graduating from Mount Allison University, Christian had extended stays in Italy and the British Virgin Islands, providing him with a global outlook on all things entertainment.

Prior to Covers, he spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker. His expertise extends to onboarding white labels, crafting sportsbook and casino campaigns, and fostering partnerships with gaming providers and affiliates.

Having personally reviewed over 35 sportsbooks and DFS sites, Christian brings a sharp, user-focused perspective to the betting landscape. His passion for sports — including sailing, skiing, basketball, and football — fuels his commitment to delivering insightful, high-quality content. Outside of work, he serves on the board of an amateur athletics club, championing community engagement through sport.

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