How to Receive Your FanDuel or DraftKings Promo Code Deposit Bonus

How to Receive Your FanDuel or DraftKings Promo Code Deposit Bonus

How to Receive Your FanDuel or DraftKings Promo Code Deposit Bonus

This will be a quick post to walk you through what a deposit bonus is, why it pends, and how you get the money released. Both FanDuel and DraftKings do a great job of breaking down exactly how a promo code earns you a deposit bonus, and how you then get that pending deposit bonus to release into your account.

We have gotten a considerable amount of emails and comments regarding the deposit bonus policy of both DraftKings and FanDuel. While this post breaks down the why and how of the deposit bonus policies, I want to ask you to ask you to take a step back and look at the problem logically. It’s not reasonable to expect FanDuel and DraftKings to double every deposit, allowing players play and win with house money… Their are two choices: a gradual release system like the systems in place currently, or no deposit bonus at all.

If you are reaching this page because you made an initial deposit, quickly lost the money, and are now looking for a way to access that bonus money it flat out will not happen. I recommend you reload your account, even if it’s only $10, and then focus solely on cash games with better odds this time around. Play in small $1 50/50’s, spend more time finding reliable projections, and understanding value, and start winning more contests. The more you play, the more of that deposit bonus you are going to earn back, so you are just winning the 1.9x payout from the cash game, you are also earning a portion of that deposit bonus with each entry.

This will also allow you to hone in on a strategy that works, and by the time you’ve earned your entire deposit bonus, you’ll have a larger bankroll and better understanding on how to win those GPP’s.

FanDuel Deposit Bonus Policy

For my money, FanDuel has a much more ‘straight-forward’ answer to how you get your promo code deposit bonus money. On FanDuel it is released at a 4% of your entry fee rate. So If you enter a $50 content you will receive $2 of your bonus money. So, for every $5 contest you enter you are going to receive 20 cents in bonus money. We will get to the explanation on why they use this system in a bit.

DraftKings Deposit Bonus Policy

With DraftKings, your deposit bonus is released as you earn more and more Frequent Player Points. So, how do you earn Frequent Player Points? By playing more games of course. The higher the buy-in for a game, the more points you will earn, the more of your deposit bonus you will earn back. Here are a few examples of the FPP earned for different game sizes, these are directly off from the DraftKings website:
$200 entry fee – 550 FPP
$109 entry fee – 360 FPP
$27 entry fee – 108 FPP
$1 entry fee – 4 FPP
$5,300 entry fee – 8,000 FPP

As you can see, there is no direct dollar to FPP correlation, but the more games you play, the more points you earn. To the best of my knowledge it seems like the less likely you are to win a contest, the more FPP you earn. The rake stays the same across all contests, so it has absolutely nothing to do with that.

Once the DraftKings deposit bonus you earn from using our promo code is released into your account, it’s fine to use that money on any contest.

Why Is This the Norm for Daily Websites?

You like playing DFS right? You’re happy that these sites are popular and turn a big enough profit to market to new players and keep their sites active? Let’s think about the alternative to them not using this gradual release policy. Every one that signs up gets a 100% deposit bonus, so they think, I’ll deposit $100, play with the bonus money and withdraw my money. Now they are paying for everyone to play and win money, it’s just not realistic. The industry would disappear immediately.

FanDuel and DraftKing’s gradual release system keeps their website’s profitable, which keeps this industry thriving. They certainly don’t have to offer promo codes at all, let alone make them as readily available and the bonuses as large as they do. For more information on FanDuel promo code and deposit bonus policies, visit their website here, or for more information on DraftKings promo code and deposit bonus polices, click here for their FAQs. Also, don’t hesitate to post a question in our new forums, or to send us an email directly.

Chris is the lead researcher and writer for The Daily Audible. He has a decade of experience in sports gambling, handicapping, daily fantasy sports, scouting, and analysis.

Chris has a background in the development side of After spending almost a decade working on the development end of the fantasy industry, Chris made the move to the content side of the industry in fall of 2011. He covers the NFL, PGA, NBA, and NHL for The Daily Audible.

13 Replies to “How to Receive Your FanDuel or DraftKings Promo Code Deposit Bonus”

  1. I get what you’re saying but once your account gets down to zero, they should release the bonus to get you to keep playing. I don’t want to deposit more funds when you’re holding my bonus. It’s definitely misleading and bogus in my opinion.

  2. Generally if your account gets to 0 they will give you a free $2 play or something. You have to realize they’re only raking .10 and the .04 bonus comes directly from that. It’s not shady, it’s just not possible to hand every new player $200 and assume that they won’t open another account and do it again once it’s gone.

  3. totally disguisted with fanduel. I signed up with fanduel about a month ago upon registration with site
    I found several different bonus codes online claiming to double your deposit . What you don’t see on those advertisements is the structure of the bonus and let me tell you it is total bs.

    1. Anyone who doesn’t read/review ‘Policies/Procedures and Terms of Service” on ANY internet site when putting up $$ deserves their just desserts…. Common Sense People!

      1. Okay, but it’s still misleading to say you get a dollar for dollar match for free. It’s not free. I deposited $100, thinking I would be able to play with $200. I didn’t read the fine print, and it’s right there below the fields where you enter the deposit, my bad, but it’s just $100, and i thought I could trust the advertisement, and in my case, the radio host who said fanduel would match up to $200 for free – with no mention of the fine print.

        This didn’t sound too good to be true so long as you spend the entire $200 on their site playing games. They would still make 7% profit on your first $200 (or $100 in my case) spent instead of the 13-15% they make after the bonus is spent. Fanduel would not lose money as many suggest, just as credit card companies don’t lose money for giving you $50 to sign up with ZERO obligation. It’s a way to get you to become a customer, and they know they are fooling people. No one would make a decision to sign up for a $100 “bonus” if they knew they would need to enter $2,500 to actually get the match. I’m not saying no one would sign up, but this gimmick certainly wouldn’t be a deciding factor to try out daily fantasy. They will lose customers and it may hurt them in the long run, if there is a long run.

  4. The math is fuzzy. Lets say you deposit $25.00 and play $3 games that earn 20 fpps. Unless you win and have more money to play with, you will earn only 160 fpps before your money is gone refunding you only $1. In this scenario, and without winning, you would be required to deposit an additional $350 and play it in order to “earn” your match. There are of course games that earn you higher fpps, but they are generally higher entrance fees burning through your initial deposit quicker.

  5. Fan duel works. I’ve made money. you can withdraw your earnings via PayPal or with a physical check sent by mail. I prefer PayPal that way my check can’t be lost. As Far as the bonus,I do wish the commercials on tv works be more clearer. Commercial should say bonus paid overtime base on your play. Other than that it works.

  6. I am so lost right now it doesn’t make any sense about the pending bonus, but thats not all I used Roc T for a promo code and suppose to receive $10 for that but never did. Can someone explain that.

  7. Feels like its Almost Impossible to win big. Especially when FanDeul has these robots picking players who’s got the best stats as the game goes on,so they can keep the money for themselves.

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