The 2026 Kentucky Derby is shaping up to be one of the most wide-open Run for the Roses in recent memory, and there is no better time to get in on the action than with a new FanDuel Sportsbook account. No FanDuel promo code is required to unlock one of the best sportsbook promos available right now: Bet $5 and get $250 in bonus bets if it wins.
This $250 offer is available through May 2, 2026, so new users should act quickly before heading to Churchill Downs for the biggest race of the year.
Bet $5, Get $250 If It Wins + NBA BetProtect+
FanDuel Promo Code Offer: Bet $5, Get $250 for the 2026 Kentucky Derby
The FanDuel promo code offer for new users is straightforward and rewarding. No code is needed to claim it. Simply sign up, deposit at least $5, and place a $5 real money wager on any available market, including the 2026 Kentucky Derby. If that first bet wins, FanDuel will credit your account with $250 in bonus bets within 72 hours of settlement.
Here is a breakdown of the key terms and conditions to keep in mind:
- A minimum deposit of $5 is required to activate the welcome offer.
- Your initial $5 wager must be a real money bet on any FanDuel market.
- The $250 in bonus bets is only awarded if your first bet wins.
- Bonus bets are valid for seven days after they are issued.
- If you use a bonus bet and win, the bonus amount itself is not returned as part of your payout. For example, if you place a $100 bonus bet at +100 odds and win, you receive $100 in withdrawable cash, not $200.
To illustrate with a Derby example: Say you place your $5 bet on Renegade to win the Kentucky Derby at +300 odds. If Renegade crosses the wire first, your bet cashes and FanDuel deposits $250 in bonus bets into your account. From there, you can use those funds on additional Derby exotics, NBA Playoffs markets, or any other available wager. If Renegade falls short, the bonus bets are not awarded, but you still have the full FanDuel platform at your disposal.
FanDuel is also offering NBA BetProtect+ starting from Round 1 of the NBA Playoffs. This optional feature provides full-game injury protection on eligible player prop bets for a flat 3% fee added to your total stake. If a player exits the game due to injury at any point, straight bets are refunded as cash and parlays have the injured leg voided, with remaining legs recalculated at adjusted odds. BetProtect+ is entirely optional and can be toggled on during the bet placement process wherever the feature is available in the app.
All Users
Odds Available in AZ, CO, IL, IN, KY, LA, MD, MA, MI, MO, NY, OH, PA, VA, WV, WY
- Renegade — 4-1
- Commandment — 6-1
- Further Ado — 5-1
- The Puma — 10-1
- So Happy — 7-1
- Chief Wallabee — 8-1
- Emerging Market — 12-1
- Right to Party — 30-1
- Litmus Test — 30-1
- Intrepido — 50-1
Check out all FanDuel odds and profit boosts for today.
How to Claim Your FanDuel Welcome Offer for the 2026 Kentucky Derby
Getting started with FanDuel Sportsbook ahead of the May 2, 2026, Kentucky Derby is quick and simple. No FanDuel promo code is needed at any step. Follow these instructions to claim your welcome bonus:
- Register: Click through to FanDuel Sportsbook and create a new account. FanDuel operates in 22 states plus Washington, D.C., so confirm your state is eligible before signing up. Have your personal information ready, including your date of birth and mailing and email address.
- Download the app: You do not need the FanDuel mobile app to register, but you will need it to claim your bonus bets. Download it from the App Store or Google Play after completing registration.
- Deposit funds: Make a minimum deposit of $5 into your new FanDuel Sportsbook account using any available payment method.
- Place your first wager: Place a $5 real money bet on any market, such as the 2026 Kentucky Derby winner or any other available event. If your bet wins, you will receive $250 in bonus bets within 72 hours.
- Use your bonus bets: Once credited, your bonus bets will be available for seven days. Complete the one-time playthrough requirement to unlock and withdraw any winnings generated from those funds.
For a full breakdown of what FanDuel Sportsbook has to offer beyond this welcome promotion, check out our complete FanDuel Sportsbook review.
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