FanDuel Promo Code Let's You Win $200 Bonus Bets for Today's March Madness Slate

No FanDuel promo code needed. Bet $5 on March Madness games like Florida vs. Norfolk State or Kentucky vs. Troy and get $200 in bonus bets if you win.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 21, 2025 • 13:17 ET • 3 min read
FanDuel Promo Code for Friday's March Madness Slate
Photo By - Imagn Images

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.

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

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

FanDuel All Users
Get a boost for one bet! Claim Now

FanDuel All Users
Bet on one MM underdog, win a share of $1M if they're the lowest seed of the day to win! Claim Now

FanDuel All Users
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:

  1. 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.
  2. Make a deposit: Deposit at least $5 to fund your new account.
  3. Place a $5 wager: Bet on any NCAA Tournament game, like Lipscomb vs. Iowa State or Florida vs. Norfolk State.
  4. 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.

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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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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