FanDuel Sportsbook is giving new bettors a chance to turn $5 into $200 in bonus bets — and no FanDuel promo code is needed. Just sign up, deposit, and place a $5 real money wager on any NCAA Tournament game this Friday. If your first bet wins, FanDuel will credit your account with $200 in bonus bets.
Whether you’re backing favorites like Florida vs. Norfolk State and Kentucky vs. Troy, or eyeing potential upsets like Lipscomb vs. Iowa State, sportsbook promos like this offer are a great way to elevate your March Madness betting experience.
See FanDuel T&Cs
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).
How the $200 bonus bets promo works without a FanDuel promo code
There’s no FanDuel promo code required to activate this new-user promotion — it’s available simply by signing up and placing a qualifying bet. After downloading the FanDuel Sportsbook app and registering, deposit at least $5 into your account. Then, place a $5 real money wager on any betting market. Eligible matchups for Friday include Baylor vs. Mississippi State, Robert Morris vs. Alabama, and more.
If your first wager wins, you’ll receive $200 in bonus bets within 72 hours of the bet settling. These bonus bets can be used across any market and are valid for seven days after they are issued. Bonus funds must be used before they expire and do not include the stake value in any winnings. For example, if you use a $50 bonus bet on Kentucky vs. Troy at +100 and win, you’d receive $50 in cash — not $100.
Only your first wager after account creation qualifies for this bonus. If your opening bet loses, you won’t receive the $200 in bonus bets.
Again, no FanDuel Sportsbook promo code is needed to access this offer — making it a quick and seamless way to get started.
FanDuel has 3 great March Madness boosts for Friday's games
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Get a boost for one bet! Claim Now
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Bet on one MM underdog, win a share of $1M if they're the lowest seed of the day to win! Claim Now
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Get one live bet back token, which can get a refund on one losing bet! Claim Now
FanDuel odds for Friday's March Madness Slate
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 $200 bonus bets on Round 1 March Madness games
Here’s how to take advantage of FanDuel’s bet $5, get $200 offer and place your first bet on Friday’s March Madness schedule:
- Register with FanDuel Sportsbook: Head to the FanDuel website or download the mobile app. Complete the sign-up process — no FanDuel promo code is required.
- Make a deposit: Deposit at least $5 to fund your new account.
- Place a $5 wager: Bet on any NCAA Tournament game, like Lipscomb vs. Iowa State or Florida vs. Norfolk State.
- Win and receive $200 in bonus bets: If your first wager wins, you’ll receive $200 in bonus bets within 72 hours.
Want more details before joining? Check out our full FanDuel Sportsbook Review.
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.
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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).