BET $5, WIN $150 BONUS IF YOUR BET WINS

FANDUEL SPORTSBOOK (All Other Live States)

BET $5, WIN $300 BONUS IF YOUR BET WINS

FANDUEL SPORTSBOOK OHIO

BET $5, WIN $300 BONUS IF YOUR BET WINS

FANDUEL SPORTSBOOK MASSACHUSETTS

21 and present in participating states. Gambling problem? Call 1-800-Gambler.

FanDuel Promo Code: Win $5 Bet on MLB, Score $150 Bonus

The latest welcome offer for new FanDuel customers is a game-changer. Any $5 bet that settles as a win activates a $150 payout in bonus bets, the equivalent of winning a bet with +3000 (or 30/1) odds. In addition, a victory produces every dollar of the deserved cash profit, so the payout actually exceeds $150.

FanDuel Sportsbook has odds on every MLB matchup. Some of Sunday’s best games include Padres-Red Sox, Yankees-Blue Jays, Astros-Mets, Cubs-Brewers, Dodgers-Giants, Twins-Mariners and Rangers-Astros. Tackle a run line, over-under total, moneyline or player prop with your first $5 bet, and FanDuel will reward a victory with $150 in bonus bets and additional cash winnings.

Since the bonus rests on a successful first bet, now isn’t the time for new FanDuel users to take a massive risk. Many players opt for a heavily favored moneyline, like the Brewers (-196) vs. the Cubs or the Diamondbacks (-198) vs. the Athletics. You can even go for a player prop expected to cash, like Kansas City’s Bobby Witt Jr. recording a hit at -380 odds. The cash winnings won’t be substantial, but $5 is all it takes to earn $150 in bonus bets for more MLB action.

Most first-time FanDuel customers qualify for the “Bet $5, Get $150” promotion. However, Newsweek also offers links for Ohio and Massachusetts bettors to win $300 in bonus bets instead of $150.

Comparing FanDuel Offer to Similar New Player Promotions

The “Bet $5, Get $150” deal is one of FanDuel’s best new customer offers. However, it’s different from other industry promotions that convert a small wager into a substantial bonus. For example, DraftKings and bet365 each have “Bet $5, Get $150” deals that automatically apply the bonus after a $5 bet, win or lose. FanDuel’s offer requires a victory, which means the $150 bonus isn’t guaranteed. However, bettors in Ohio and Massachusetts are receiving what might be the best possible offer in the sports betting industry in the “Bet $5, Get $300.”

Despite needing a victory, FanDuel’s welcome offer is still superior to competing promos. Many online sportsbooks cover a four-digit bet with bonus bets after a loss, like Caesars and BetMGM. These promotions require a much larger investment instead of a small $5 bet. Even bonus bet matches like Fanatics’ “5x$200” deal force bettors to deposit and wager hundreds of dollars to receive their bonus bets.

Claim the Latest FanDuel Promo Code

First-time bettors in legal FanDuel states can use Newsweek’s links to create an account. FanDuel requires your full legal name, date of birth, residential address, phone number and Social Security number to verify your identity. Players must also verify their playing area through FanDuel’s geolocation technology.

The next step is to deposit at least $5. FanDuel accepts online banking methods, credit or debit cards and other secure payment options. Finally, bettors must place at least $5 on any betting market from MLB or another sport. A victorious bet triggers a $150 payout in bonus bets and cash, while a loss leaves bettors empty-handed. All bonus bets expire seven days after receipt, which should be within 72 hours of settlement.

The “Bet $5, Get $150” promo from FanDuel Sportsbook is available to new customers 21 years of age and physically present in AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MD, MI, NJ, NY, NC, PA, TN, VA, WV, VT and WY. Bettors in OH and MA have separate links for their “Bet $5, Get $300” offer.

21+ and present in participating states. Gambling problem? Call 1-800-Gambler.

Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator’s terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.