FanDuel: Bet $5 Get $200 in Bonus Bets Pros & Cons

Pros

Bonus Amount: The bonus offers a significant amount at $200 in bonus bets for a minimal initial wager of $5.

Flexibility in Bonus Usage: The awarded bonus bets can be used in smaller amounts across different bets.

Automatic Credit: The bonus is automatically credited to the user's account within 72 hours.

Cons

Restricted to New Users: Only new customers are eligible for this promotion.

Initial Deposit Required: A minimum deposit of $10 is required to participate.

Bonus Bet Restrictions: The stake of the bonus bet is not returned, only the winnings.

Limited Time Frame: The promotion is available for a limited period, ending on February 11, 2024.

About the Bonus

The FanDuel "Bet $5 Get $200 in Bonus Bets" offer is a promotional incentive aimed at new users of the FanDuel Sportsbook. This promotion requires participants to first sign up for a new FanDuel account, which must be their first sportsbook account with FanDuel. To participate, a minimum deposit of $10 is needed, with the suggestion that using a debit card may streamline the process. Once registered and the deposit is made, the user must place their first cash wager of at least $5 on any sport available on the FanDuel Sportsbook. If the bet wins, the user is awarded $200 in Sportsbook Bonus Bets.

This promotion is explicitly for new customers who are making their first cash wager with FanDuel Sportsbook. The bonus bets awarded do not have to be used in a single wager but can be distributed across multiple bets. However, it is important to note that only the winnings from these bonus bets are returned to the user's account, not the stake. The bonus funds are generally credited to the user's account within 72 hours of placing the qualifying bet. Additionally, cashed-out wagers do not qualify for this promotion. There is a limitation of one promotional bonus per person, and the maximum bonus one can receive is $200 in bonus bets.

How to Claim

The FanDuel "Bet $5 Get $200 in Bonus Bets" offer is designed for new users and provides a straightforward process for claiming the bonus. To participate, individuals must be new to FanDuel Sportsbook and meet specific requirements detailed in the promotion's terms and conditions.

Steps to Claim:

Sign Up: Register for a new FanDuel Sportsbook account.
Deposit Funds: Make a deposit of at least $10 into your account. Using a debit card is suggested for a smoother experience.
Place a Qualifying Bet: Your first cash wager should be at least $5 on any sport.
Receive Bonus: After placing the qualifying bet, if the bet wins, you will receive $200 in Sportsbook Bonus Bets, typically within 72 hours.

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USD

3873

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$10

Min. First Deposit

Varies

Max. Withdrawal

1-5

Withdrawal Speed

1-4.7%

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Terms & Conditions

The "Bet $5 Get $200 in Bonus Bets" offer from FanDuel Sportsbook is governed by specific terms and conditions that participants must understand and comply with.

Key Terms & Conditions:

Eligibility: Open to new users who are at least 21 years old and located in eligible states.
Wagering Requirements: The first real money wager of at least $5 on the FanDuel Sportsbook.
Exclusions: Deposits made via cash-at-counter or PayNearMe are not eligible.
Bonus Usage: Sportsbook Bonus Bets can be used on any market except Round Robin and Same Game Parlay + wagers.
Bonus Expiry: Unused bonus bets will be withdrawn from the account after 7 days.
Withdrawal Restrictions: Only winnings from bonus bets can be withdrawn, not the bonus bet stake.
Dispute Resolution: All disputes resolved by binding arbitration; no class action claims permitted.

Final Thoughts

The FanDuel "Bet $5 Get $200 in Bonus Bets" offer presents a straightforward opportunity for new users to receive bonus bets in the FanDuel Sportsbook. By adhering to the terms and conditions, including a minimum initial deposit and wager, new users are awarded $200 in bonus bets if their first bet wins. This promotion, exclusive to new customers, is available for a limited time and under specific eligibility criteria. Participants are encouraged to understand fully the terms of the offer, including the use and limitations of the bonus bets, to make informed decisions about their participation in this promotion.