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    Drop Down Caret

FanDuel Promo Code January 2023: Bet $5, Get $150

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Editor-in-Chief
Last Updated Jan 27, 2023, 4:16 PM ET

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    Offer expiry

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    Minimum deposit $10 USD
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    Last verified January 2023
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    FanDuel welcome offer

    Ohio: Bet $5, get $200 in bonus bets

    With legal Ohio sports betting in full swing, new users can jump on FanDuel's welcome offer through Jan. 29, 2023. Customers can sign-up with the sportsbook, deposit $10, and make a first wager of $5 or more to have $200 in bonus bets credited to their account regardless of how their wager fares. 

    Responsible gaming: 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

    FanDuel Ohio welcome offer

    Covers tip: The bonus bets you receive from the FanDuel welcome offer don’t have to be used on a single bet — they can be broken up into fragments. However, any unused portions of the bonus will be automatically withdrawn from your account after 14 days.

    FanDuel Promo Code FanDuel sportsbook offer Claim FanDuel Bonus
    FanDuel Bonus Code

    Bet $5, get $150 (most states)

    Bet $5, get $200 in bonus bets (Ohio)

    No code - claim nowExternal link icon

    No code - claim nowExternal link icon

    How to claim FanDuel sportsbook promo code

    Claiming a sportsbook's new-user incentive can sometimes be tricky. There are a few steps to complete before getting started, and the instructions aren't always easy to follow. Let's take a look at the process to help you begin online sports betting and snagging FanDuel's latest offer.

    1

    Register

    Click here to register if you live in one of the 18 states in which FanDuel is operating. If you live in Ohio, sign up to snag the bet $5, get $200 in bonus bets offer. Make sure to have personal information ready. Remember, there is no FanDuel promo code necessary to access the bonus funds with the online sportsbook.

    Don't forget to download the FanDuel sportsbook mobile app, too — you don't need it to register, but you will need the app to claim your bonus.

    2

    Deposit funds

    Once you've created your FanDuel account, it will be time to deposit some funds via online banking. To claim your welcome bonus, you'll have to put down a minimum of $10 real cash.

    3

    Make a wager

    Placing your first real money wager is next on the agenda. New users can make a bet of $5 or more on any sports market to qualify for the bonus funds, so choose wisely. Whether the wager wins or loses, FanDuel will credit your account with $150 in bonus bets.

    4

    Withdraw winnings

    The bonus will appear in your account within 72 hours after your first wager settles. Because the reward is in bonus bets — a form of site credit — you won't be able to withdraw it. Instead, you'll need to use it on other wagers before collecting any winnings.

    FanDuel promo code terms and conditions

    While no FanDuel promo code is needed to claim the sportsbook's sign-up bonus, there are some other terms to keep in mind. The initial deposit must be at least $10, and the subsequent real money wager of $5 or more is the only one that will be eligible. Any type of bet on any market counts.

    You’ll get $150 in bonus bets credited to your account regardless of whether your first wager wins or fails. Should your bet prove successful, you'll get to keep the winnings on top of the bonus.

    The welcome offer will appear in your account within 72 hours of completing its requirements. Bonus bets must be wagered within 14 days and cannot be withdrawn. The offer ends on Jan. 29, 2023.

    Sports bettors must download the FanDuel sportsbook mobile app — you can learn more about the best mobile sports betting apps here — to claim the sign-up bonus. 

    Sports and leagues on deck with FanDuel betting odds

    FanDuel has a wide variety of betting games spanning several major sports leagues, including the NFL, NBA, MLB, golf, NHL, UFC/MMA, soccer, esports, college football, and college basketball. The odds it offers for each league are competitive across the board.

    Additional FanDuel promotional offers

    FanDuel provides several different offers and daily boosts for a wealth of sports betting markets, allowing users to quickly identify the highest betting value opportunities currently available with the online sportsbook. For example, one such offer presently being featured is the operator's 'Over/Under' promotion. Those who submit the most correct answers to weekly prop bet questions (no wagering required) will split the payout with respect to each eligible game. 

    Here are some of the operator's other current promotional offers:

    Type of FanDuel Promo Offer Description of FanDuel Promo Offer
    Same Game Parlay+ Select multiple bets from any combination of games under the 'Same Game Parlay' tab and place your wager. This can include game pros, player props, and more. The maximum bonus is $1,000 in site credit.
    TNT Thursdays No Sweat Same Game Parlay Place a pre-game parlay consisting of three or more legs on any Thursday "NBA on TNT" game and receive a bonus of bonus bets if the wager loses.
    Super Bowl Kick of Destiny During the 2023 Super Bowl, FanDuel will use its ad time to air a live attempt by former NFL tight end Rob Gronkowski to kick a field goal. If you bet at least $5 on the Super Bowl, you will be eligible to earn a share of $10 million in bonus bets should Gronkowski hit the mark.
    Refer-A-Friend Invite a friend through a unique referral link, and once they make their first deposit and place a bet of $10 or more, you'll both receive $50 in site credit (10-referral maximum, credit paid out in 72 hours).
    MLB Same Game Parlay and MLB SGP+ Bet on a four-leg same-game parlay or combine two bets from two separate playoff games with SGP+.

    Where is FanDuel legal?

    There are presently 18 states in which FanDuel legally operates. If you are 21 or over and within one of these locations' borders, you'll be eligible to nab the sportsbook's latest promotional offer.

    Check out our legal tracker to view a list of states with legal sports betting and to find out where else FanDuel may be coming soon.

    State Launch Date
    Arizona
    Sept. 9, 2021
    Colorado
    May 19, 2020
    Connecticut
    Oct. 19, 2021
    Illinois
    Aug. 28, 2020
    Indiana
    Oct. 22, 2019
    Iowa
    Sept. 3, 2020
    Kansas
    Sept. 1, 2022
    Louisiana
    Jan. 28, 2022
    Maryland
    Nov. 23, 2022
    Michigan
    Jan. 22, 2021
    New Jersey
    Sept. 1, 2018
    New York
    Jan. 8, 2022
    Ohio
    Jan. 1, 2023
    Pennsylvania
    July 29, 2019
    Tennessee
    Nov. 1, 2020
    Virginia
    Jan. 21, 2021
    West Virginia
    Aug. 26, 2019
    Wyoming
    Mar. 10, 2022

    FanDuel sportsbook review

    FanDuel Sportsbook is one of the most well-known, influential legal U.S. betting sites within the sports gambling industry, and it currently boasts a BetSmart rating of 4.7/5. The operator initially started as a daily fantasy sports site (FanDuel DFS) but has since expanded to offer a traditional sportsbook to those living in Arizona, Connecticut, Colorado, Indiana, Iowa, Illinois, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. FanDuel's DFS games are also offered in those states, as well as in Canada.

    The FanDuel (DFS) and FanDuel sportsbook platforms are available on separate mobile sports betting apps. The FanDuel app (DFS) is available only for U.S. and Canadian residents. You must be at least 18 years of age to play (19+ in Alabama, 21+ in Massachusetts). The user interface is straightforward, making betting with FanDuel a seamless experience for online sports betting. 

    Additionally, FanDuel offers some sports betting markets not typically found with other online sportsbooks. For example, most operators offer betting odds on golfers to finish in either the top-10 or top-20 of a given event, whereas FanDuel provides top-30 and top-40 position bets as well. Users can also place wagers on the LPGA, which is usually a tough market to find for sports bettors.

    Be sure to check out our full FanDuel sportsbook review.

    Customer service at FanDuel

    FanDuel is committed to providing exceptional customer service across all mediums, including phone, email, and 24/7 live web chat. You can typically expect a response within 24-36 hours, though it's quicker than that most of the time, especially if you're using the live chat. Social media reply times may vary, and customer service is only offered in English.

    • Live chat: 24/7
    • Email: sportsbook@fanduel.com
    • Phone: (646-930-0860)
    • Support languages: English
    • Twitter: @FDSportsbook

    FanDuel promo code FAQs

    No FanDuel sportsbook promo code is needed to claim FanDuel's bet $5, get $150 welcome offer. FanDuel will award $150 in bonus bets to all new customers in eligible states who deposit at least $10 and make their first wager of $5 or more on any sports market. The outcome of the wager does not matter.

    The most common FanDuel promo is the sign-up bonus, which currently provides new users with $150 in bonus bets should they make an initial wager of at least $5 on any sports market. However, there are many special offers for existing users as well. Most bonuses are automatically applied, provided you use the correct link when redeeming them.

    Users can collect deposit bonuses once entered contests have been settled. A deposit bonus is released as cash at a 4% rate, depending on the entry fee of the contest you've selected. These bonuses are released gradually to prevent fraud and the creation of multiple FanDuel accounts. First-time deposit bonuses do not expire, but others may.

    Some FanDuel DFS contests include an MVP bonus, which is a payout split amongst everyone who picks a specific player to be the MVP of the night (fantasy-wise). If the player you've selected scores the highest amount of fantasy points that evening, you are eligible to win bonus money. These contests can easily be found as they often have 'MVP Bonus' within the title.

    Users are typically offered a deposit bonus following their initial deposit and when special promo offers become available. Bonuses are generally achieved intermittently, depending on the kinds of contests you enter and how frequently you play. Any bonus cash you earn is slowly released into your account automatically. The remaining deposit bonuses you are eligible to earn show up in the account menu with the status 'pending bonus.'

    During Super Bowl 57, FanDuel will use its ad time to air a live attempt by former NFL tight end Rob Gronkowski to kick a field goal. If you bet at least $5 on the Super Bowl with the online sportsbook, you will be eligible to earn a share of $10 million in bonus if he makes the kick.

    To deposit on FanDuel Sportsbook, your online banking options include: Visa, Mastercard, PayPal, PayNearMe, bank transfer, echeck, and more.

    Yes, there are current promotions for daily fantasy sports. Refer to the FanDuel DFS section after registration with the online sportsbook.

    Yes, there are bonus offers for same game parlays. This includes the No Sweat TNT NBA promo from FanDuel Sportsbook.

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    • FanDuel Promo Code January 2023: Bet $5, Get $150
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