Busting Brackets
Fansided

FanDuel Promo and App Review: How to Wager Using Bonus Bets 

Bet $5 on any team, get $200 bonus if that team wins!
facebooktwitterreddit

Anything can happen in March, but some teams are more sure bets than others, and you can win big if you can predict just one win at FanDuel! 

You’ll get $200 in bonus bets if you can call any win this week (even a No. 1 seed over a No. 16 seed), and all it takes is a $5 bet to opt-in.

FanDuel Promo Code: Bet $5, Get $200

Here’s how you can claim your $200 bonus:

  1. Sign up with FanDuel Sportsbook with this link (no promo code needed)
  2. Verify your identity and location
  3. Deposit $10 or more 
  4. Bet $5 or more on any team to win
  5. Win your wager and get your bonus

You can bet on any team to win, but you must deposit at least $10 and put at least $5 on your first bet. 

If your team wins, you can spend your bonus bets on any of the many betting markets available at FanDuel.

What is FanDuel? 

FanDuel is a gambling and entertainment company founded in the United Kingdom in 2009 as a daily fantasy sports site. 

It’s since expanded to include a sportsbook and casino since the United States allowed individual states to govern sports betting in 2018. 

FanDuel is now the most popular sportsbook in the nation, with a reputation for offering some of the biggest and best promotions in the industry.

FanDuel Bonus Bets 

Bonus bets at FanDuel allow you to wager on sports without risking your own money.

The value of your bonus won’t be returned to you when wagering (just your winnings), but that’s a small price to pay for betting with house money. 

How to Use FanDuel Bonus Bets

FanDuel makes it easy for you to spend your bonus bets on any of the many wagers available. 

Select a wager to add it to your bet slip. You’ll then see an option to apply your bonus credit to the stake rather than using real money from your account. 

Then place your bet and root for it to win. If your wager wins, you’ll receive your winnings in the form of withdrawable cash!

What is a Moneyline? 

Betting on the moneyline is picking a team or player to win a matchup. 

If a team or player is favored on the moneyline, they’ll have ‘minus’ odds. For example, if you bet on a team as a -200 favorite and it wins, you’d have to bet $200 to profit $100. 

A team as an underdog will have ‘plus’ odds. If you bet on a team as a +200 underdog and it wins, you’d profit $200 for betting $100. 

What is Spread Betting? What is a Parlay? 

The spread was invented to even the playing field in lopsided matchups. 

You can bet on a huge underdog with the spread, and you can still win betting on them even if they lose the game. For instance, if you bet on a team at +15 points on the spread, it could cover by winning OR losing by 14 points or less. 

If you bet on a team that’s -15 points on the spread, it would have to win by at least 16 points to cover.

Any spread bet ending on the exact number (winning by 15 as a -15 favorite) would result in a push and your stake would be returned to you. 

A parlay is a combination of wagers that results in an amplified payout. The tricky part of parlays is that you have to hit every single bet in the parlay to win. 

But the payout can often be worth the risk!

Does FanDuel Sportsbook Have a Mobile App?

Yes. If you want to bet on-the-go, FanDuel has you covered. 

All you have to do is visit your device’s app store, search for ‘FanDuel Sportsbook’ and install the app. 

Once you sign in, you’ll be able to bet with FanDuel as long as you’re physically located in a state where FanDuel is legal.

FanDuel Sportsbook Summary

FanDuel Pros

FanDuel Cons

Big welcome bonus

No rewards program

Some of the best promotions in sports betting

Must win first bet to receive welcome bonus

Well-organized site and app

Can't combine boosts/no-sweat bets and bonus bets

FanDuel is the most popular sportsbook in the nation with some of the best promotions and bonus offers in sports betting. 

It’s also known for its top-tier site and mobile app, and it’s built one of the best reputations in the industry. 

What are you waiting for? Find out what you’ve been missing out on and sign up with FanDuel today!

Game odds refresh periodically and are subject to change.