March Madness Bonus: Win $200 Betting $5 on Any Favorite to Win

Bet $5, get $200 if your wager wins!


Anything can happen in March Madness, but some games are a little easier to predict than others. 

For instance, only two No. 16 seeds have beaten a No. 1 seed in the history of the NCAA Men’s Basketball Tournament. 

If history stays the course, you could win $200 in bonus bets at FanDuel Sportsbook!

FanDuel Arizona Promo Code: Bet $5, Win $200 Bonus

FanDuel is giving you $200 in bonus bets if you can win your first bet of $5 or more.  And why not bet on a huge favorite like a No. 1 seed?

Here’s how you can win your $200 bonus:

  1. Sign up with FanDuel with this link (no promo code needed)
  2. Verify your identity and location
  3. Deposit $10 or more
  4. Bet $5 or more on any team to win
  5. Win your wager and get your bonus

You can bet on any wager, including props and alternate lines, but you must deposit $10+, bet $5+ and that first bet must win. 

If that bet wins, you’ll want to know how to use all that bonus cash.

What are FanDuel Bonus Bets? 

FanDuel bonus bets give you the chance to win withdrawable cash without risking your own money. 

The best part is that it’s up to you to decide how much of your bonus you want to spend on any wager. 

That gives you the chance to make tons of bets on March Madness!

How to Use FanDuel Bonus Bets

Select a wager to add to your bet slip. Then click the option to apply your bonus funds and place the bet. 

Once that’s done, all that’s left to do is root for your bet to win!

If it wins, you’ll get cash as if you wagered real money – the only difference being you won’t have the value of your bonus returned to you.

When Does March Madness Start? 

Play-In Game

How to Watch

No. 16 Howard vs. No. 16 Wagner

TruTV at 6:40 p.m. EST Tuesday

No. 10 Colorado State vs. No. 10 Virginia

TruTV at 9:10 p.m. EST Tuesday

No. 16 Grambling vs. No. 16 Montana State

TruTV at 6:40 p.m. EST Wednesday

No. 10 Colorado vs. No. 10 Boise State

TruTV at 9:10 p.m. EST Wednesday

March Madness technically begins with the first play-in game: No. 16 Wagner vs. No. 16 Howard at 6:40 p.m. EST on Tuesday, March 19. 

However, most consider the true start of March Madness to be No. 9 Michigan State vs. No. 8 Mississippi State at 12:15 p.m. EST on Thursday, March 21.

Odds to Win March Madness

FanDuel also offers you the ability to bet on the winner of the NCAA Tournament right now and you’ll get odds in your favor for doing so!

You’ll get better than 3-to-1 odds betting on ANY team to win the tournament, including the heavily favored UConn Huskies at +370 odds.

If you want to stay loyal to your Wildcats, you can bet on them to win it all at 13-to-1 odds!

And with so many bonus bets on your disposal, you could take your shot on a few different teams.

Find out what it’s like to have a chance to win big betting on the madness. Sign up with FanDuel today!

Game odds refresh periodically and are subject to change.