No FanDuel Racing promo code is necessary to bet on the Kentucky Derby with extra confidence. New customers can join FanDuel Racing and get their first bet refunded with up to $500 in bonuses if it loses.

FanDuel Racing promo code: What you need to know

FanDuel Racing promo code: How to claim a $500 bonus for the Kentucky Derby

FanDuel Racing’s welcome offer acts as insurance, guaranteeing you’ll get something in return after placing your first bet. You’ll either receive a cash payout if you win, or the opportunity to try again with bonuses if your horse doesn’t come through.

Take these steps to get your account up and running:

1. Tap a FanDuel Racing promo code banner or link and hit “Join Now.”
2. Select your state and supply the necessary information; no promo code is required if you use our links.
3. Add a payment method to your account and deposit at least $0.10.
4. Wager $0.10 or more on the Kentucky Derby or any other race available at FanDuel Racing.
5. If your bet loses, the entirety of your stake will be refunded with bonuses (max. $500 bonus).
6. If your bet wins, you won’t receive a bonus.
7. The bonus will enter your account within five days of qualifying bet settlement.
8. Bonuses cannot be withdrawn and expire seven days after receipt.

Learn more about this offer by clicking a FanDuel Racing promo code banner or link and heading to the terms and conditions.

FanDuel Racing state availability

FanDuel Racing is the top betting site for the Kentucky Derby and any other horse racing event. To create an account with FanDuel Racing, you must be located in one of these states:

• AR
• AZ
• CA
• CO
• CT
• DE
• FL
• IA
• ID
• IL
• IN
• KY
• LA
• MA
• MD
• MI
• MN
• MT
• ND
• NH
• NJ
• NM
• NY
• OH
• OR
• PA
• RI
• SD
• VA
• WA
• WV
• WY

FanDuel Racing existing user promos

Signing up with FanDuel Racing before May 18 grants entry into the Belmont Stakes Sweepstakes. You could win a VIP trip for two to the Belmont Stakes, including a three-night hotel stay, VIP tickets to the Belmont Stakes Racing Festival and $2,000 in cash.

These stellar promo offers are also there for the taking after joining FanDuel Racing:

• Race of the Day: Wager on a horse to win, and land a bonus if your horse finishes second or third. This offer only applies to select races.
• No Sweat Derby Bet: Enjoy a no-sweat bet for the Kentucky Derby. If you wager on a horse to win but the bet falls short, you can try again with a bonus.

How to use the FanDuel Racing promo code for the Kentucky Derby

Some new customers with FanDuel Racing may take the opportunity to wager on a longshot. Knowing a bonus is heading your way if the bet loses, why not shoot for a big payout?

You could take that route, but I recommend placing a wager with reasonable odds.

Getting a bonus if you lose is a nice consolation, but bonuses must be used within seven days and cannot be withdrawn. Cash winnings can be withdrawn at any time, or sit in your account for as long as you’d like.

Sovereignty to place is my best bet for the Kentucky Derby. Sovereignty must finish in first or second for the wager to cash. If it happens, the payout on a $10 bet ranges from $59.60 to $71.60.

Trainer Bill Mott’s thoroughbred had the second-best morning line odds behind Journalism. Sovereignty has two first-place finishes and two runner-ups in his last four races. After winning at Churchill Downs in October 2024, I expect Sovereignty to notch another top-two finish on Saturday.

FanDuel Sportsbook promo code: Bet $5, get a $200 bonus if you win

FanDuel Sportsbook’s sign-up offer is just as strong as the racing bonus. You don’t need a FanDuel promo code to bet just $5 and get a $200 bonus if you win.

You must earn the bonus funds by winning the wager, but this task becomes much easier if you back a heavy favorite. FanDuel doesn’t place an odds restriction on your opening bet, and I recommend betting on a market with extremely short odds.

Alternate spreads and totals for NBA Playoff games are great places to look for safe wagers.