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FanDuel Sportsbook promo code creates $150 in bonus bets for NBA, other sports on Thursday

Golden State Warriors guard Stephen Curry (30) drives to the basket against Milwaukee Bucks guard Pat Connaughton during the first half of an NBA basketball game in San Francisco, Saturday, March 11, 2023.

The current FanDuel promo code generates up to $150 in bonus bets for new users when they place a $5 wager on anything.

As opposed to other welcome offers that are often a higher “first bet on the house” wager, users will get those bonus bets regardless of the status of their qualifying wager, and will naturally keep their profits and the stake from their initial wager if they win.

Some readers may be curious as to why the value of this promotion is significantly lower than FanDuel’s previous “No Sweat First Bet” offer. These promotions work a bit differently. The No Sweat First Bet offer functions as insurance on a new user’s first bet. New players can get their complete stake back in bonus bets — usually up to $1,000 — if their first wager goes south.

If you put $100 down on the Warriors against the Kings and Golden State lost, you’d get $100 in bonus bets.

However, the “bet $5, get $150″ FanDuel promotion generates those bonus bets for new users as soon as they place the qualifying wager.

In the paragraphs below, we’ll explain the relevant conditions for this promotion, which is live in every FanDuel state, and preview the best NBA bets for Thursday.

FanDuel “bet $5, get $150″ promotion

This new FanDuel offer is notably different from other welcome offers.

Most new customer promotions are structured as insurance with new users getting their stake back in bonus bets if their first wager doesn’t hit.

However, this promotion — which as noted is live in every FanDuel state — gives new users $150 in bonus bets as soon as they place a $5 qualifying wager. Bonus bets however, cannot be withdrawn or cashed out.

So, if a new user places $100 bonus bet on the Kings at +200 against the Warriors and Sacramento wins, the user will pocket $200. Critically, the user will not get their stake back when they place a successful bonus bet wager because bonus bets are only valid for one wager.

This promotion does not require a promo code so users can simply click the module above and input their relevant information to claim this offer. Notably though, this promotion is limited to new customers who are at least 21 years old and in a legal FanDuel state.

How to use the FanDuel promo on Thursday

Sacramento Kings vs. Golden State Warriors

The Kings travel down I-80 to take on the Warriors at Chase Center on Thursday night.

This is a huge game as Golden State is already down 2-0 and is hoping to secure a home win and to get back in this series. The Warriors have played very well at home this year and the books expect a tough night for the Kings, as Golden State is a 6-point favorite. The previous two games closed around Warriors -1 or -2.

The previous two games have been physical and fast-paced, as well. Golden State has been absolutely worked on the boards, with Sacramento collecting 17 offensive rebounds in Game 1 and 12 in Game 2.

The Warriors will be without Draymond Green for Game 3, which will present some issues on the defensive end. Sacramento has played excellent on offense all season but they’ve shown some holes in the interior defense over the past two games, which the Warriors will be able to exploit at home.

Green’s absence due to suspension means the rest of the team will have to step up the defensive intensity. That being said, Steph Curry is still one of, if not the best player in the league in crunch time and this is about as crunch as it gets for the defending champions.

There’s a worthwhile prop on his points and rebounds here. Most books currently have him at 35.5 at -120 for this game. He’s been rebounding well all season and will have to pick up the slack a bit with Green out. Bet the over on that one.

Overall, the Warriors are 6-point favorites with the O/U at 240.5. There isn’t room for a total bet here but, given how well Golden State has played at home this year, they’re a solid bet on the moneyline in Game 3.

FanDuel sign-up information

Prior to signing up with FanDuel, new users should review the relevant conditions outlined below to get the best value out of this promotion.

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

Since no promo code is required, users can easily sign up by clicking the module and inputting the relevant information.

Next, new users must deposit at least $10 into their FanDuel Sportsbook account and place a real-money $5 wager. Notably though, only cash wagers will trigger this promotion as any bets placed using credits will not trigger this offer.

As soon as the user places this qualifying wager, they’ll get $150 in bonus bets credited to their account.

Bonus bets can be used for any additional wager on the FanDuel Sportsbook platform but cannot be withdrawn or cashed out. If that bonus bet wager is successful, new users will naturally keep their profits but will not get their stake back as bonus bets are only good for one wager.

Any bonus bets earned from this promotion will be valid for up to seven days after distribution.