The latest FanDuel promotion allows users to claim $200 in bonus bets IF they win their first $5 wager. The “if” is the most important part of that sentence. If users do not win their first wager, they do not qualify for the $200 bonus bets.

Here's a comprehensive review of the latest FanDuel horse racing promo for online horse betting, which gives new users a Kentucky Derby No Sweat Bet up to $500. Plus, a full breakdown of the app.

Get up to speed on how to bet on the Kentucky Derby in 2025, including what states allow online horse betting, the best Kentucky Derby betting apps, and types of bets to place.