FanDuel Promo Code: $150 in Most States with Winning Bet, $300 in Vermont

There are plenty of games to wager on this week, including the NFL, NBA, NHL, and college hoops. You can place a $5 moneyline wager at FanDuel and claim $150 in bonus bets when you win tonight. No FanDuel promo code is required — use the links on this page to help direct you.

There’s also no minimum odds requirement on your first moneyline wager either. This means that you can bet a -2500 favorite or a +800 underdog. However, as we will explore, there is an optimal way to attack this promo to ensure you can claim bonus bets.

This FanDuel promo is a bit different from others that are offered at other top online sports betting sites. Your bonus bets aren’t guaranteed as other Bet & Get offers are. You must win your $5+ moneyline bet, or you won’t see any bonus funds.

FanDuel has opened pre-registration in Vermont, which launches online sports betting on Jan. 11. You’ll get $100 bonus bets with no deposit right now when you sign up, and another $200 in bonus bets when you wager $5 after launch.

As we mentioned, no FanDuel promo code is required to get your $150 bonus.

Just follow the steps below to get started:

• Use our links to register or visit the FanDuel site.
• Agree to FanDuel’s terms and conditions.
• Deposit $10 or more.
• Place your first $5 wager at FanDuel on any moneyline.
• Get back $150 in bonus bets if your first bet settles as a win; no FanDuel promo code is necessary.

Let’s examine examples to demonstrate our thought process regarding the best way to claim the bonus. We’ll use tonight’s NHL slate as a guide.

Say you want to deposit $20 and wager all of it on the Blues moneyline (-125) against the Detroit Red Wings. Here is how the offer would function based on the outcome:

• If St. Louis wins, you receive $16 in profit and $150 in bonus bets.
• If Detroit wins, you lose your $20 stake and receive no bonus.

Using Action Network’s implied odds calculator, we can say that St. Louis is expected to win at a 55.56% frequency. So, you can expect to recover $92.20 in value at this rate. At 44.44% frequency, you can expect to lose $20. Combined, the expected value of this promo using the Dallas moneyline is only $83.42.

Instead, opt for a heavier favorite: the Oilers moneyline (-400) against the Chicago Blackhawks. Let’s use the same $20 bet as the previous example.

• If Edmonton wins, you receive $5 in profit and $150 in bonus bets.
• If Chicago wins, you lose your $20 stake and receive no bonus.

The implied odds of the Oilers winning are 80%, and the Blackhawks are expected to win at a 20% frequency. The expected value of the promo using the heavily favored Oilers tonight is $120, much larger than the previous example. Remember, no FanDuel promo code is required to get your bonus.