Turn $5 into $200 at FanDuel

Jayson Tatum #0 of the Boston Celtics dribbles against Klay Thompson #11 of the Golden State Warriors. Ezra Shaw/Getty Images/AFP

In many places around the country, five bucks won’t even get you a full gallon of gas. However, FanDuel is helping to fend off inflation with one of the best things you can do with a $5 bill. 

In its promotion surrounding the Stanley Cup Playoffs and NBA Finals, FanDuel is giving you the chance to turn $5 into $200. That’s a 40-to-1 payout, regardless of whether or not you win your bet.  

How It Works

In order to get your $200 bonus, you need to sign up for a new FanDuel account and make a deposit of at least $10. 

You don’t need to bet the full deposit amount, though. All you need to do is make a $5 bet on any sporting event—the Stanley Cup Playoffs, the NBA Finals, or any one of several MLB or soccer games being played on a given day and you’ll get the $200. 

That’s it. Then, win or lose, you’ll get $200 to use on future bets at FanDuel. If you happen to win your wager, you also get to add your winnings on top of the $200 payout. 

Fine Print

FanDuel (and hence the offer) is not available everywhere. The offer is good most places where FanDuel does business, including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New York, Tennessee, Virginia, West Virginia and Wyoming. You also need to be at least 21 years old. 

The $200 in free bet credits need to be used within 14 days, or else they expire. 

Other Offers

If betting $5 to win $200 doesn’t interest you, FanDuel is also still offering new users a first bet of up to $1,000 risk free.