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March Madness FanDuel Promo Code: Bet $5, Get $200 in Bonus Bets If You Win for Elite Eight

FanDuel Promo
FanDuel Promo | Sports Illustrated

With the Elite Eight having finally arrived for this year’s March Madness, the stakes have never been higher.

As a new FanDuel Sportsbook user, you can earn $200 in bonus bets by winning your initial $5 wager. No FanDuel promo code is required to unlock this welcome offer.

Bet $5 and get $200 in bonus bets from FanDuel if you win - CLAIM NOW 

What you need to know about the FanDuel March Madness offer 

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To ensure you qualify for FanDuel’s welcome offer, please read the following terms and conditions carefully:

  • Click any link on this page to begin the registration process. When prompted, download the FanDuel Sportsbook app and begin your registration.
  • Deposit a minimum of $5 and place a bet on any available market. If your bet is successful,
  • FanDuel will send you $200 in bonus bets.
  • Your first wager does not have to meet a minimum odds requirement.
  • If bonus bets are not used within seven days, they will expire.
  • This FanDuel promotion ends on April 7, 2025, at 11:59 PM ET.

You should place your initial $5 wager on a strong favorite or a market that you are familiar with. You won’t earn the $200 in bonus bets if your first bet loses.

Bet $5 and get $200 in bonus bets from FanDuel if you win - CLAIM NOW 

This FanDuel promo is available to new customers in the following states: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY. Bonus not available in Ontario, Canada. 

More FanDuel offers for all users 

FanDuel offers various promotions beyond its welcome offer. Here’s what’s available for today’s March Madness games:

  • Bet Back Token: If your bet doesn’t win, you can receive a bonus bet token equal to the amount of your wager.
  • Tourney Shuffle: Participate in a free game to select a random set of men’s college teams. You can shuffle up to 20 times to create your perfect lineup. You’ll share a $100,000 prize pool if all your teams make it to the Final Four.
  • Profit Boost Token: Use a profit boost token to boost your parlay’s value for any March 29 matchup only.
  • Tourney Future Parlay: You can now parlay picks from multiple rounds of the March Madness tournament.

How to claim $200 in bonus bets from FanDuel 

Follow these steps to claim your welcome offer:

  • Create an account: Click any link on this page to begin your sign-up with FanDuel. You’ll need to enter your personal details and download the FanDuel app to verify your account.
  • Make a deposit: Choose your preferred payment method and deposit at least $5 to activate the FanDuel offer.
  • Place your first bet: Bet $5 or more on any March Madness betting market.
  • Receive your bonus: If your $5 bet is successful, you’ll get $200 in bonus bets. These bonus bets can be used on any FanDuel sports market within seven days.

Can you bet on March Madness in the US? 

Nearly every state allows you to bet on March Madness games. However, there are stricter regulations around college player props and betting on in-state teams. Check the table below to see your state’s stance on March Madness betting.

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Legal States | Sports Illustrated

Compare March Madness betting promos 

By signing up for a new account with BetMGM, DraftKings, and Caesars Sportsbook, you can earn nearly $2,000 in additional bonuses. Here's a quick breakdown of each offer:

BetMGM

Caesars Sportsbook

FanDuel

DraftKings

March Madness betting promo

Up to $1,500 in bonus bets

Bet $1, double your winnings on next 10 bets

Bet $5, get $200 in bonus bets if you win

Bet $5, get $200 in bonus bets if you win

Promo code

SI1500

SICZRDYW

No code required

No code required

Bonus form

1 or 5 bonus bets

10 100% profit boost tokens

$200 in bonus bets

Eight $25 bonus bets

Minimum deposit

$10

$10

$5

$5

Minimum bet

N/A

$1

$5

$5

Days to use bonus

7 days

14 days

7 days

7 days


Odds refresh periodically and are subject to change.

If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.

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Published | Modified
Brian Giuffra
BRIAN GIUFFRA

Brian Giuffra is the VP of Betting Content at Minute Media and has been with the company since 2016. He's a fan of the Knicks, Giants, wine and bourbon, usually consuming them in that order.

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