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FanDuel promo code earns $150 in bonus bets for NBA action or other sports Wednesday

New York Knicks guard Jalen Brunson reacts after scoring a three-point basket in the first half of Game 4 in an NBA basketball first-round playoff series against the Cleveland Cavaliers, Sunday, April 23, 2023, at Madison Square Garden in New York.

The FanDuel promo code gives new users $150 in bonus bets as soon as they place their first $5 cash wager, regardless of how it settles, on any game this week, including the NBA and NHL playoffs. While most welcome offers give new users some kind of first bet insurance, returning a user’s stake in bonus bets if their first wager settles as loss, new players will get $150 in bonus bets immediately with this current FanDuel offer. Bettors at FanDuel Illinois and all other FanDuel states can take advantage.

Many welcome offers mention something like “$1,000 in bonus bets” or “first bet on the house”. While those are solid offers, they don’t actually give users bonus bets for signing up, as bettors must place a cash wager and have it settle as a loss before they’ll get their stake returned in bonus bets.

This FanDuel promo code offer gives new users $150 in bonus bets regardless of how their first wager settles.

Since this offer doesn’t require a promo code, new users can claim this great deal by simply clicking the module displayed above and inputting the relevant information to sign up for a free account with FanDuel.

FanDuel ‘bet $5, get $150′ promotion

As noted above, this promotion is structured a bit differently from previous new customer offers at FanDuel. With this offer, new users can get $150 in bonus bets as soon as they place their qualifying wager of at least $5.

This qualifying wager must be a real-money or cash wager as any bets placed using credits will not qualify for this offer.

Since this offer doesn’t require a promo code, users can simply click the module displayed below and input the relevant personal information to sign up for a FanDuel Sportsbook account.

So, if a new customer places a $100 real-money wager on the Knicks at +187 against the Cavaliers, and the Knicks win, they’ll keep their stake, pocket $187 and collect $150 in bonus bets. If that user places a bonus bet wager on the Knicks and they win, they’ll collect their profits but will not get their stake returned, as bonus bets are only valid for one wager each.

This offer is currently live in every FanDuel state and is exclusive to new customers who are at least 21 years old and physically present in a legal FanDuel state.

How to use the FanDuel promo on Wednesday

New York Knicks vs. Cleveland Cavaliers

The Knicks return to Rocket Mortgage Fieldhouse for a potential gentleman’s sweep of the NBA’s best defensive team during the regular season, the Cavaliers.

This series has been a really intriguing one throughout. The Knicks won the regular season series against Cleveland, 3-1, in part by controlling the glass and getting impressive production from the bench players. That has been the key to success in this playoff series as well.

New York has outrebounded Cleveland in every game, save the Game 2 win. That Game 2 victory was also marked by Cleveland’s success in the paint and their high shooting percentages. After four games though, Game 2 seems more like an anomaly than an indication of things to come.

The Cavs have struggled to shoot the ball as a team, Donovan Mitchell has struggled to shoot the ball and in recent games, the Cavs have been bested on defense by the Knicks.

It’s also worth noting, the Knicks haven’t shot the ball especially well from three. Through the four games, the highest percentage from deep was a whopping 30.3 percent. Adding insult to injury for Cleveland, Julius Randle has played poorly throughout the series and Tom Thibodeau benched him for the end of Game 4.

It’s not looking great for the Cavaliers at home here, but there are some worthwhile player props.

Jalen Brunson, the Brunson Burner, has put together a solid series thus far, but in the close out game look for him to deliver a big performance to help New York get to the next round. Bet the over on his points and assists here, which most books have at 29.5.

Overall, the Cavs are 5.5-point favorites with the total at 202.5. There’s not a lot of room for a play on the total considering how well the Knicks have played on defense. New York is just a better team than Cleveland and while the home crowd will definitely be a factor, it’s unlikely that it’ll do enough to get them the victory, so back the Knicks on the moneyline here.

FanDuel sign-up details

Before signing up with FanDuel, new users should review the conditions outlined below to get the most out of the promotion.

Critically, this promotion is limited to new customers who are at least 21 years old and present in a legal FanDuel state. Given that, the first step to claim this offer is to sign up for a FanDuel Sportsbook account by clicking one of the modules linked above and inputting the relevant information.

After that, new users need to deposit at least $10 into their FanDuel Sportsbook account and place a real-money wager of at least $5 to trigger this offer. As noted above, only real-money wagers will initiate this promotion and any bets placed with credits will not qualify for this promotion.

New users will get $150 in bonus bets as soon as they place their qualifying wager.

Bonus bets earned from this offer can be used for any additional wager on the FanDuel platform but cannot be withdrawn or cashed out. Of course, if a new user’s bonus bet wager is successful, they’ll keep their profits but will not get their stake returned as bonus bets are only valid for one wager per credit.

Typically, bonus bets will be distributed 72 hours after the qualifying wager settles and will remain valid for up to seven days after distribution.