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FanDuel Racing Promo Code: $20 No Sweat First Bet for Preakness Stakes

Any FanDuel customer is eligible for the racing bonus with a single, win bet on the Preakness

Chris Ilenstine by Chris Ilenstine
May 20, 2023
in Promotions
FanDuel Racing promo code featuring War of Will.

(Tommy Gilligan-USA TODAY Sports)

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FanDuel Racing offers all customers the chance to earn up to $20 back if their first bet on the Preakness Stakes is a loss.  If your horse wins the Preakness, you don’t earn the bonus bets, but you earn the cash from the winning wager.

If you earn the racing bonus, FanDuel Racing will deposit the bonus into your account within 24 hours and can be bet on other horse races. The bonus isn’t available to withdraw but can be used on any races until June 12.

Use the link below to place your win bet for the Preakness Stakes with no promo code required to be eligible for the No Sweat First Bet.

FanDuel Racing Preakness Bonus
FanDuel Racing Promo CodeNo Promo Code Required - Click Here
FanDuel Racing Offer$20 No Sweat First Bet for the Preakness Stakes
Eligible StatesCO, MA, IL, IN, LA, MD, MI, NY, OH, PA, VA, WV, WY, AR, CA, DE, FL, KY, NH, NM, ND, OR, RI, SD, VT

Wagering on FanDuel Racing for the Preakness Stakes opened on Friday, May 19. Currently, Mage is projected as the top contender with 8-5 odds after winning the Kentucky Derby two weeks ago.

Select few horses have had the honor of winning multiple or all three legs of the Triple Crown. Two horses in recent years have won the Triple Crown — American Pharaoh in 2015 and Justify in 2018. 

Mage will look to keep the streak alive and is no longer the underdog in the race. Read below how to place your wager in time for the Preakness Stakes or check out other sports wagers available with FanDuel Sportsbook.

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1
FanDuel Racing

$20 No Sweat Bet for the Preakness Stakes

4.5
  • No Promo Code Required
  • Exclusive Preakness Stakes Offer
  • Available in 25+ States
  • 18+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Other FanDuel offers

New customers looking for other sports wagers can take advantage of FanDuel Sportsbook’s $1,000 No Sweat First Bet. All you need is a new account, a $10 deposit and real-money wager on any sport or odds provided by FanDuel.

Unlike the Preakness deal, this is only for new customers, but is available in any state with FanDuel Sportsbook. The No Sweat First Bet works the same in that you are eligible for bonus bets only if your first bet is a loss, if it wins, you earn the cash and your stake back.

FanDuel will deposit up to $1,000 in bonus bets within 72 hours which can be used on any market or odds on the sportsbook. These bonus bets are eligible for 14 days from receipt into your account.

How to sign-up for the No Sweat First Bet

Follow the steps below to place your Preakness wager on any single horse to win the race.

  1. Go to FanDuel Racing.
  2. If you already have an account, you only need to place a single, win bet on any horse competing in the Preakness Stakes.
  3. If you are new to FanDuel Racing, click join now, and create an account with no promo code needed to place the wager.

Details of the FanDuel Preakness offer

FanDuel Racing offers up to $20 in racing bonus if your bet on the Preakness doesn’t win. Any customer can grab the No Sweat First Bet with a win bet on a single horse competing in the Preakness Stakes.

Customers can only grab one promotional bonus per person and the racing bonus is deposited directly to you within 24 hours. If you earn the racing bonus, you have until June 12 to use it for a wager on another race.

First bet on the 148th Preakness Stakes

Mage is the current favorite to win the second leg of the Triple Crown at 8-5. With the FanDuel Racing offer you only need to make a win bet on any single horse competing to be eligible.

For example, you can place $20 on Mage to win the Preakness outright.

  • If Mage wins, you cannot win the racing bonus, but you earn the cash payout from the win ($32, as of Saturday morning, since he’s 8-5 or +160 in American odds).
  • If another horse wins, FanDuel will deposit a $20 racing bonus into your account within 24 hours to recoup the loss.

1
FanDuel Racing

$20 No Sweat Bet for the Preakness Stakes

4.5
  • No Promo Code Required
  • Exclusive Preakness Stakes Offer
  • Available in 25+ States
  • 18+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). 21+ and present in AZ, CO, CT, IA, IL, IN, KS, LA (permitted parishes only), MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, or WY. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, NJ, OH, PA, IL, TN, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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Chris Ilenstine

Chris Ilenstine

Chris started in the sports betting industry in 2022 with contributions to the Chicago Tribune and SportsHandle. He is a graduate of Texas Christian University and the University of Texas and is an avid fan of Seattle sports and TCU/UT teams.

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only.

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