FanDuel Promo Code: Bet $5, Get $200 If It Wins for Saturday's NCAA Tournament Games

Place a $5 wager on Saturday's NCAA Tournament action and score $200 in bonus bets if you win — no FanDuel promo code required.

Trevor Knapp - Publishing Editor at Covers.com
Trevor Knapp • Publishing Editor
Mar 22, 2025 • 15:00 ET • 3 min read
FanDuel Promo Code for Saturday's March Madness Action
Photo By - Imagn Images

The Second Round of March Madness is in full swing, featuring a lineup of marquee matchups!

New bettors can cash in on FanDuel’s promo code — just sign up, place a $5 wager on any market, and if your bet wins, you’ll receive $200 in bonus bets, thanks to the latest sportsbook promos.

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

Bet $5, Get $200’ Offer — No Promo Code Required

FanDuel makes it easy for new users to claim its latest welcome bonus. Simply sign up, deposit at least $5, and place a $5 real money wager — if your bet wins, you’ll receive $200 in bonus bets, no promo code necessary.

This offer is available across all sports markets, including the latest March Madness games. If your $5 bet hits, the bonus funds will be credited to your account within 72 hours. However, losing bets do not qualify for the bonus. Bonus bets expire after seven days, and any winnings from them will not include the original bonus stake.

With no promo code required, this is a hassle-free way to jump into the action.


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 a $200 Bonus

Follow these simple steps to take advantage of FanDuel’s latest offer and cash in on bonus bets:

  1. Sign Up – Click here to create a FanDuel Sportsbook account. No promo code is needed. Complete the registration process with your personal details.
  2. Deposit Funds – Add at least $5 to your account to qualify for the promotion.
  3. Place a Bet – Wager a minimum of $5 on any sports market, including Saturday's March Madness action. If your bet wins, you’ll receive $200 in bonus bets.
  4. Unlock Winnings – Bonus bets will be credited within 72 hours. A one-time playthrough is required to withdraw any winnings.

For more details, 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

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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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Trevor Knapp - Covers
Publishing Editor

Trevor joined the Covers content team as a publishing editor in early 2022. Growing up in Vancouver, he studied Broadcast and Online Journalism at the British Columbia Institute of Technology (BCIT), and interned with TSN and Sportsnet Radio while also writing for the Daily Hive.

An avid bettor of the MLB, NFL, and CFL, Trevor advises his fellow sports bettors to leave their hearts at the door and not hesitate to fade their favorite team. It's a strategy he follows regularly as an apathetic Toronto Blue Jays and Indianapolis Colts fan.

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