Another wall-to-wall slate of NCAA Tournament action is on tap today, and no FanDuel promo code is necessary to claim the perfect welcome offer for March Madness. If you win a $5 bet, FanDuel will add a $200 bonus to your account.

FanDuel is one of the best March Madness betting sites because the welcome offer acts as a 40x boost that pays out in bonuses. If you win the bet and earn the $200 bonus, you can use the funds to continue wagering on the non-stop NCAA Tournament games.

FanDuel promo code at a glance

FanDuel promo code: How to claim the offer

A week ago, FanDuel’s new-user promo provided $150 in bonuses. The most popular sportsbook in the United States decided to upgrade the offer to a $200 bonus for March Madness, making now a great time to open an account. Here’s how to get started:

1. Tap a FanDuel promo code banner or link and tap “Join Now.”
2. Choose your state and supply the necessary information; no promo code is required.
3. Submit an initial deposit of $5 or more.
4. Bet at least $5 on March Madness or any other market.
5. If the wager wins, you’ll receive a $200 bonus within 72 hours of bet settlement.

The $200 bonus will not be sent if you cash out the qualifying wager. Bonuses cannot be withdrawn for cash and must be used within seven days. Tap a FanDuel promo code banner or link to see the complete list of terms and conditions.

FanDuel existing user promos

Collecting a $200 bonus is a great way to start with FanDuel, but the bonus funds won’t last forever. Luckily, more promos for new and returning customers are always available through the “promotions” tab on FanDuel’s homepage. Some of the offers include:

• College Basketball Bet Back Token: If you’re watching a game you wagered on and start losing confidence, apply the Bet Back Token and you’ll immediately get a refund in bonuses.
• College Basketball Dog of the Day Jackpot Token: Place a moneyline wager on any NCAA Tournament matchup. If your team is the lowest seed to win, you’ll enjoy a share of $1 million in bonuses.
• Tourney Shuffle ’Em: This free-to-play game gives winners a share of $100,000 in prizes.

How to use the FanDuel promo code offer for March Madness

These four games lead off another thrilling day of March Madness:

• No. 9 Baylor vs. No. 8 Mississippi State – 11:15 a.m. CST (CBS)
• No. 15 Robert Morris vs. No. 2 Alabama – 11:40 a.m. CST (truTV)
• No. 14 Lipscomb vs. No. 3 Iowa State – 12:30 p.m. CST (TNT)
• No. 12 Colorado State vs. No. 5 Memphis – 1 p.m. CST (TBS)

FanDuel’s welcome offer is extremely rewarding but requires a bit of work. The $200 bonus is only unlocked if you win a $5 bet. Luckily, a small detail in the terms and conditions makes this task much easier.

There are no odds restrictions on your $5 bet, meaning you can back a huge favorite’s moneyline odds. The cash payout will be negligible, but taking this route puts you in the best position to win.

At -7000 odds, Alabama moneyline is one of the safest bets on the board. The odds imply a 98.59% chance of victory.

If you want to take it a step further, Florida has -30000 moneyline odds in today’s matchup with Norfolk State. The odds suggest the Gators have a 99.67% shot at winning.