🏇 FanDuel Racing Promo Code: Get Up To $500 In No Sweat Bets For Your First Kentucky Derby Bet

No FanDuel Racing promo code needed! Bet the 2025 Kentucky Derby with a $500 No Sweat First Bet for new users at FanDuel Racing.

Peter Clarke - Content Editor at Covers.com
Peter Clarke • Senior Editor
May 2, 2025 • 08:42 ET • 3 min read
FanDuel Racing Promo Code for tomorrow night's big race.
Photo By - Imagn Images

The most exciting two minutes in sports are back this Saturday, May 3, and new bettors can unlock a $500 No Sweat First Bet without a FanDuel Racing promo code. With odds posted and the full field set for the 151st Kentucky Derby, now’s the perfect time to join the action. 🏆

New customers don’t need a FanDuel promo code to access this offer—just sign up, bet on any race, and if your first wager loses, FanDuel Racing will reimburse you in Racing Credit (up to $500). Whether you’re backing favorite Journalism (3-1) or looking for a long shot like Coal Battle (30-1), this bonus gives you a strong start to Derby Day.

Get a $500 No Sweat First Bet

🎯 How the FanDuel Racing promo works for the Kentucky Derby

This FanDuel Racing promo is simple and requires no FanDuel Racing promo code. Just sign up as a new user and bet on any race at any track—most notably the Kentucky Derby this Saturday. If your first wager wins, enjoy the cash. If it loses, FanDuel will refund your stake up to $500 in Racing Credit. 🐎

The Racing Credit will hit your account within 48 hours and must be used within 7 days. It cannot be withdrawn, used on sports or casino games, or rolled over more than once. But for Kentucky Derby fans, it’s a great way to get involved with minimal risk. Just pick your horse—whether it’s Sovereignty (5-1), Sandman (6-1), or Baeza (12-1)—and place your bet!

This is a Covers-verified offer with no listed expiration date, but it’s only available to new FanDuel Racing customers. Since no FanDuel promo code is required, signing up is quick and easy—just in time for one of the biggest events in the Triple Crown.

Get another No Sweat Bet just for the Kentucky Derby

FanDuel New Users
Get a no-sweat win bet for the Kentucky DerbyClaim Now

FanDuel Racing Kentucky Derby Odds for Friday, May 2

  • Journalism: 3-1
  • Sovereignty: 5-1
  • Sandman: 6-1
  • Rodriguez: 12-1
  • Burnham Square: 12-1
  • Luxor Cafe: 15-1
  • Citizen Bull: 20-1
  • Grande: 20-1
  • East Avenue: 20-1
  • Publisher: 20-1
  • Tiztastic: 20-1
  • Neoequos: 30-1
  • Final Gambit: 30-1
  • American Promise: 30-1
  • Admire Daytona: 30-1
  • Flying Mohawk: 30-1
  • Render Judgement: 30-1
  • Coal Battle: 30-1
  • Chunk of Gold: 30-1
  • Owen Almighty: 30-1
  • Baeza: 12-1

New FanDuel users only. 21+. Must be in AR, AZ, CA, CO, DE, FL, ID, IL, IN, KY, LA, MA, MD, MI, MN, MT, ND, NH, NM, NY, OH, OR, PA, RI, SD, VA, WA, WV, WY. Not available to residents of Ontario, CA

📲 How to claim your FanDuel Racing promo

Getting started is easy! Follow these steps to bet the Kentucky Derby with the FanDuel Racing promo:

  1. Visit FanDuel Racing’s official site or app.
  2. Click Join Now and complete the sign-up form—no promo code needed.
  3. Make your first deposit (there’s no minimum, but we suggest funding your full bet amount).
  4. Place a wager up to $500 on any race, including the Kentucky Derby. 🐴
  5. If your bet wins, withdraw your profits. If it loses, you’ll receive Racing Credit within 48 hours.

Racing Credit must be used within a week, and once bet, your winnings can be withdrawn—usually within 24 to 48 hours, fee-free. 🔄


Where can I bet?

New bettors can wager on horse racing directly through the FanDuel Sportsbook app in the following states:
Colorado, Illinois, Indiana, Louisiana, Massachusetts, Maryland, Michigan, New York, Ohio, Pennsylvania, Virginia, West Virginia, Wyoming

They can also bet directly through our FanDuel Racing app in the following states:
Arizona, Arkansas, California, Colorado, Delaware, Florida, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, North Dakota, New Hampshire, New York, New Mexico, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Washington, West Virginia, Wyoming, Virginia

Is FanDuel Racing legal in my state?

In some states with legal betting sites, users have access to the FanDuel Racing directly from the FanDuel sportsbook app. In others, the racebook is available with the standalone FanDuel Racing app. Refer to the table below to see where you can bet in your region.

State Legal horse racing FanDuel Racing app FanDuel Sportsbook & Racing
Alaska
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey 
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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