FanDuel Promo Code - Bet $5, Win $200 for March Madness Day 1

March Madness officially starts today, and you can activate the FanDuel promo code for $200 in bonus bets if your initial wager wins.

Christian Stringer - Betting Editor at Covers.com
Christian Stringer • Betting Editor
Mar 20, 2025 • 09:07 ET • 3 min read
FanDuel Promo Code for March Madness Opening Day
Photo By - Imagn Images

The wait is finally over March Madness 2025 starts today, and $200 in bonus bets are up for grabs with no FanDuel promo code required. 

Bet on any game, including — (1) Auburn Tigers vs. (16) Alabama State Hornets and the battle of the Bulldogs (8) Gonzaga vs. (9) Georgia   with one of best sportsbook promos in the country

Claiming is simple: Deposit $5, bet $5, and receive $200 in bonus bets if you win.

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

FanDuel - Bet $5, Win $200 for March Madness Day 1

  • Download the FanDuel Sportsbook app to activate the welcome bonus with no FanDuel promo code required.
  • Fund your account with a minimum deposit of $5
  • Make an initial wager of $5 on any available market, and FanDuel will give you $200 in bonus bets if it is successful.
  • FanDuel bonus bets are valid for seven days (168 hours).
  • 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.

Are you interested in learning more about key features, additional promos, and more? Check into our comprehensive FanDuel Sportsbook Review.

FanDuel March Madness odds boost

FanDuel All Users
March Madness 25% Boost on Any Game
e.g. +100 BOOSTS to +125! 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

FanDuel Bonus Bets: How to Claim $200

If you're at least 21 and live in a state where it's permitted, click to visit the FanDuel login page, provide your information—like date of birth, address, email, and Social Security Number — and download the FanDuel Sportsbook app to claim your bonus. Deposit at least $5 into your new account, place a $5 cash wager, and if it wins, you'll get $200 in bonus bets within 72 hours of the bet settling.


FanDuel $1,000,000 Dog of the Day Jackpot

Current users can grab a 'Dog of the Day' Jackpot token by logging in. Make a moneyline bet today on any March 20 game, and if your chosen team is the lowest seed to come out on top, you’ll split $1 million in bonus bets with all other token users who backed the same team.

FanDuel All Users
$1,000,000 Dog of the Day Jackpot! Claim Now


Sportsbook promos comparison

Choosing the right sportsbook promo 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 $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.

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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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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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