FanDuel Sportsbook Bonus

If you're looking to start betting on sports, FanDuel Sportsbook offers an exciting welcome bonus for new customers in the United States.

With the chance to *get $150 in bonus bets if your first bet wins! This promo is a great way to get started— If your bet wins, you will get $150 in bonus bets. This promo is available in AR, AZ, CA, CO, CT, DC, IA, IL, IN, LA, MA, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV
In this guide, we'll break down how the FanDuel welcome bonus works, its advantages and disadvantages, how to claim it in three simple steps, and what you need to know about payouts and bonus bet conditions.

Find out more about this betting company in our Fanduel sportsbook review.

1 days after first qualifying bet

When you receive your $150 bonus bets, here’s how they work:

Not a Cash Bonus: The bonus cannot be withdrawn as cash, but any winnings from bets placed with the bonus funds are immediately withdrawable

Settlement: all users receive their bonus bets (if you bet wins) within 72 hours

Stake Not Returned: If you use a $10 bonus bet on +100 odds and win, you receive $10 in profit but not the original $10 bet amount

You should choose to take lower risk with your first Bet: Since your first bet must win to get the bonus

Keep an Eye on the Expiration Date: Your bonus bet expires 7 days after receipt

Don't forget about the mobile app! Here is a detailed and unbiased Fanduel App test.

Let’s say you deposit $5 and place a $5 wager on an NBA game at +150 odds. Here’s what happens in different scenarios:

✅ If Your Bet Wins:

• Your $5 bet at +150 odds wins $7.50 in cash.
• You now have $12.50 ($7.50 winnings + $5 initial deposit)
• you will receive $150 in bonus bets within 72 hours 

❌ If Your Bet Loses:

• You will get NO bonus at all!

FanDuel Sportsbook’s welcome bonus is a good but not excellent new customer bonus offer.

With the chance to get $150 bonus bets, it’s one of the better new customer promos out there. However, the requirement that your bet must win your first bet is a significant downside compared to bonus bets offered by other sportsbooks.

If you’re taking low risk wagers, this promotion offers excellent value. Just make sure to bet smart, manage your bonus bets wisely.