March Madness FanDuel Promo Code: Bet $5 to Win $200 in Bonus Bets

Brian Giuffra | Mar 23, 2025

FanDuel Promo / Sports Illustrated

With college basketball’s premier tournament in full swing, it’s a great time to get some wagers down on the hoops, and there’s no better way to do it than with FanDuel.

Sign up and place a $5 wager today. If you win, you’ll receive $200 in bonus bets — no FanDuel promo code is required.

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 

We recommend familiarizing yourself with these key terms and conditions before you claim your FanDuel bonus:

• To get started, click any link on this page to begin the registration. You will be asked to download the FanDuel Sportsbook app to claim your bonus and complete the account verification.
• Make a deposit of at least $5 and place a bet on any available sports betting market. If your bet wins, you’ll. Earn $200 in bonus bets.
• There are no odds requirements for your first wager.
• Any unused bonus bets will expire after seven days.
• This FanDuel offer is valid until April 7, 2025, at 11:59 PM ET.

We recommend using your initial bet on as heavy a favorite as you can find to increase your chances of getting the $200 bonus. Remember, if your first wager is unsuccessful, you will not receive the bonus.

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 

Beyond its exciting welcome bonus, FanDuel is rolling out several sportsbook promos for existing users. Here’s what’s available for today’s March Madness matchups:

• Bet Back Token: Opt in to receive a token that provides a bonus bet refund if your wager doesn’t hit.
• Tourney Shuffle: Play a free game to receive a random selection of men’s college teams. You can reshuffle up to 20 times to build your ideal group—if all your teams make the Final Four, you’ll share a $100,000 prize pool.
• NCAAB Parlay Boost Builder: Add more legs to your parlay to increase your potential payout by up to 105%.
• Bet Your Bracket: Wager on March Madness futures by building a parlay with your bracket picks.

How to claim $200 in bonus bets from FanDuel 

To get started, follow these steps:

• Register: Click any link on this page to begin the registration process. Enter your personal details and download the FanDuel app to verify your account.
• Make your deposit: Choose your preferred payment method and deposit at least $5 to qualify for the FanDuel welcome offer.
• Place your first bet: Bet $5 or more on any available sports betting market.
• Claim your bonus: If your $5 wager wins, you’ll be rewarded with $200 in bonus bets. Be sure to use them within seven days on any FanDuel market.

Can you bet on March Madness in the US? 

Most states with legal sports betting allow wagers on March Madness, though some have restrictions on college sports and player props. Check the table below for your state’s specific betting rules.

Betting Promo / Sports Illustrated

 Compare March Madness betting promos

 With a $5 deposit, FanDuel’s March Madness welcome bonus is one of the best offers for new and casual bettors. But it doesn’t stop there — you can also claim up to $1,700 in additional bonuses plus 10 100% profit boosts by signing up at BetMGM, Caesars Sportsbook, and DraftKings.

Here’s a quick look at what else is available:

	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.