FanDuel Promo Code: Win a $5 March Madness Bet, Get a $200 Bonus, Win $100K On a Tourney Shuffle Challenge

No FanDuel promo code is needed to claim the "Bet $5, Get $200 If It Wins" welcome offer. Bet on the 2025 NCAA Tournament today and score big with FanDuel Sportsbook.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 17, 2025 • 12:17 ET • 3 min read
FanDuel Promo Code for March Madness
Photo By - Imagn Images

The 2025 NCAA Men’s Basketball Tournament bracket is officially set, and the madness is about to begin. With 68 teams fighting for a spot in the Final Four, college basketball fans are in for a thrilling month of action. If you're looking to get in on the excitement, FanDuel Sportsbook has a Bet $5, Get $200 If It Wins offer available for new users. No FanDuel promo code is required to claim their sportsbook promos — just sign up, deposit, and place a $5 wager on any tournament game. If your bet wins, FanDuel will credit you with $200 in bonus bets.

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

How FanDuel's 'Bet $5, Get $200' offer works for the NCAA Tournament

FanDuel Sportsbook’s latest welcome bonus gives new users the chance to claim a $200 bonus when betting on the NCAA Tournament. Here’s what you need to know:

  • No FanDuel promo code is needed—simply sign up to qualify.
  • Make a minimum deposit of $5 to your new FanDuel account.
  • Place an initial real-money wager of $5 on any tournament game.
  • If your bet wins, FanDuel will award you $200 in bonus bets within 72 hours.
  • Bonus funds must be used within seven days of being credited to your account.
  • Any winnings from bonus bets will be withdrawable, but the bonus bet amount itself will not be included in the payout.

With powerhouse programs and potential Cinderella stories battling it out for a spot in the Final Four, now is the perfect time to get started with FanDuel Sportsbook. Whether you're backing a top seed or an underdog looking to shock the world, this promo gives you a great way to add excitement to March Madness.

Get more FanDuel sportsbook promos and enter March Madness bracket challenges

FanDuel All Users
FanDuel Tourney Shuffle: Win $100K! Enter for Free

FanDuel All Users
Get one live bet back token, which can get a refund on one losing bet! 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

How to win $200 bonus bets without a FanDuel promo code

Getting started with FanDuel Sportsbook is quick and easy. Follow these steps to claim your Bet $5, Get $200 If It Wins offer and start betting on the NCAA Tournament today:

  1. Register – Click here to sign up for FanDuel Sportsbook. No FanDuel promo code is required to claim this offer.
  2. Deposit Funds – Make a minimum deposit of $5 into your new FanDuel account.
  3. Place a Bet – Wager at least $5 on any NCAA Tournament game. If your bet wins, you’ll receive $200 in bonus bets.
  4. Use Bonus Bets – Your $200 in bonus bets will be credited within 72 hours and must be used within seven days.
  5. Withdraw Winnings – Any winnings from bonus bets can be withdrawn, but the bonus stake itself will not be included in your payout.

Get ready for March Madness by claiming your FanDuel Sportsbook welcome bonus today. Want to learn more? Check out our full FanDuel Sportsbook review for everything you need to know.


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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