$500 FanDuel Racing Bonus Code: Online Horse Betting for the Kentucky Derby with a No-Sweat Bet

The Kentucky Derby is approaching, and FanDuel Racing is offering new users a No Sweat Bet, allowing them to place their first wager up to $500 without risk. If the bet loses, users receive their stake back as bonus bet credits. To access this promotion, users must sign up, deposit funds, and place their first wager. FanDuel Racing app is user-friendly, providing various betting options and features like live race viewing, but some users have noted responsiveness issues. The app also promotes responsible gaming and customer support is available, albeit a bit cumbersome to navigate.

The Kentucky Derby is fast approaching, and the latest FanDuel Racing promo code is providing new users with a No Sweat Bet for their initial wager of up to $500. Below, we’ll detail how to bet on the Kentucky Derby and take advantage of this online horse betting offer.

This review will explore the promotion, the steps to claim it, guidance on signing up for FanDuel Racing, and more.

FanDuel Racing Promo Code Review

The current FanDuel horse racing promotion offers new users a No Sweat Bet for their first wager, allowing for a bet of up to $500. This means if your initial bet is unsuccessful, you will receive your stake back in the form of bonus bet credits, up to $500. This offer is exclusively for new users who have never registered with FanDuel Racing, applicable only to their first bet.

If your initial wager loses and you get bonus bet funds, you can use these immediately upon their arrival in your account, betting them as you wish. It’s crucial to remember that when using a bonus bet, you won’t receive your initial stake back for a winning bet—just the profit.

This promotion is straightforward and enables bettors to guarantee either winnings from their first bet or a refund in bonus bet form to use on future races. The amount wagered can vary from as little as $0.20 to a maximum of $500. However, the minimum deposit required is $5.

How to Sign Up for FanDuel Racing and Claim the Promo

The procedure for registering with FanDuel Racing and claiming this promo code is quite simple.

  1. Select “Claim Bonus” on this page to navigate to FanDuel Racing.
  2. Fill in your personal details and agree to the terms and conditions.
  3. Make your first deposit using your bank information, credit or debit card, Venmo, or PayPal.
  4. Click on “Promos” followed by “Learn More” regarding the signup bonus.
  5. Place your initial wager.

The main screen of the app is titled “Racing,” presenting popular events of the day, imminent races, and a list of leading tracks. You also have the option to click “Tracks” at the bottom of the app to find specific racetracks.

Once you locate the race you’d like to bet on, select the type of wager—Win, Win/Place/Show, Exacta, Trifecta, Superfecta, Daily Double, Pick 3, and Pick 4. To pick a horse, click the number on the far right of the screen, which indicates the odds for that horse. You’ll then be prompted to decide the amount you wish to wager. After placing your initial bet, it will appear under the “Race Bets” tab, which includes all your betting slips. Following the race, that slip will transition to the “Settled” section of the “Race Bets” tab.

If your first bet does not win, your account will be immediately credited with your stake returned as bonus bets, which you can use right away on any race. You can distribute these funds across multiple bets; for example, if you wagered $100 and lost, you could use the $100 in bonus bets in five $20 bets, 20 $5 bets, or 50 $2 bets, etc.

FanDuel Racing Promos for Existing Users

The No Sweat Bet up to $500 isn’t the only offer available from FanDuel Racing. The app features a Money Back Special, offering up to $10 in refunds on your Win bets if your selection finishes second or third. For a list of races and days this promotion is applicable, click “Learn More” under the “Promos” tab. To include this promo in your next wager, click “Opt In Now” at the bottom of the screen.

The app also presents a Race Of The Day promo available each weekday. Each day, a highlighted race allows you to place a Win bet on a horse. If the horse takes second or third place, you receive your stake back in bonus bets up to $5.

Comparing the FanDuel Racing Promo to Other Race Betting App Promos

The following racebooks are rolling out competitive Kentucky Derby promos leading up to Saturday:

Among these notable racing applications, FanDuel Racing’s offering is a bet insurance promo while the TwinSpires promo provides bonus credits regardless of winning or losing. It’s worth mentioning, however, that you need to wager credits to earn credits; a total of $1,600 is required to fully capitalize on the TwinSpires promo code bonus.

In a similar vein, the 1/ST BET promo code gives new users bonus credits after placing cash bets. While the total bonus at 1/ST is less than at TwinSpires, the minimum threshold to activate bonus credits is lower at 1/ST.

FanDuel Racing User Experience

Here’s a more in-depth look at various aspects of the user experience with the FanDuel Racing app.

FanDuel Racing App Rating

The FanDuel Racing app boasts a 4.8-star rating on the Apple App Store (iOS) from 6,500 reviews and a 4.5-star rating on the Google Play Store (Android) based on 671 reviews.

The Process of Making a Bet

Placing a bet and completing a bet slip is straightforward. Simply choose the race you wish to bet on, select your desired wager type, and pick the horse(s) you want to back. After making these selections, decide how much to wager and finalize your bet.

Tracking Your Bets

Monitoring bets on FanDuel Racing is very simple. Just click the “Race Bets” tab at the bottom of the screen to view your active and settled wagers. A red icon indicating the number of active bets will be displayed in the “Race Bets” tab.

Post-race, you can navigate to the “Settled” section of the “Race Bets” tab to verify if your bet was successful, as well as to see the final race results by clicking on the relevant race.

Cash-Out Offers

A cash-out offer permits you to settle your bet early for a guaranteed return based on real-time odds, before the race concludes. Only specific single and multi-leg bets qualify for cash-outs at FanDuel Racing. Bets already settled or linked to certain promos or bonuses are not eligible for early cash-out.

Website vs. App

FanDuel Racing is accessible on both the iOS App Store and Android. There’s also a website where you can place all similar wagers as on the app. The interface is largely consistent with the app, with the primary difference being that bet slips can be viewed at the screen’s top. Furthermore, available promos are more prominent on the website, appearing on the home screen instead of under a “Promos” tab, as seen in the app.

Customer Support

To contact customer support, navigate to the “Account” tab and scroll down to “Support.” Here, you can choose to send an email or start a chat. You’ll be asked about your inquiry and enter a conversation with an AI bot that asks for the app you’re using and your state. You can then type your questions, which the bot will either answer or direct you to a specific resource. From there, you can continue interacting with the bot or escalate to a live agent.

Choosing to communicate with a live agent can be quite involved, as the bot will ask for the subject of your inquiry, presenting six categories—Rewards & Promotions, Account & Verification, Wagers & Contests, Financial Transactions, Retail Locations, and Technical Assistance. After selecting one, you’ll be presented with additional specific options before being placed in a queue to connect with a live agent. While there may be some delay initially, the agents tend to be helpful and timely afterward.

User Experience Summary

The FanDuel Racing app is user-friendly, offering a broad array of racing options. The interface is clean, making it easy to navigate and clear when placing bets, as well as to view all active and past wagers in one spot. Additional resources and videos are provided for newer bettors, along with the ability to watch races live and access replays. Utilizing various available promotions is also a hassle-free experience.

The app performs well overall; however, it can be slow or unresponsive at times, necessitating a hard close on the app (iOS version) multiple times to reach desired sections.

Betting Markets

FanDuel Racing presents a diverse range of bet types available for races. Here’s a breakdown:

  • Win: Bets on the horse expected to win
  • Place: Bets on a horse to finish either first or second
  • Show: Betting on a horse to finish among the top three
  • Win/Place/Show: A combination of the three bets. If you wager on a horse and they finish first, you win on all three; if second, you win on the Place and Show; if third, just the Show.
  • Win/Place: Similar to the above but without the Show
  • Win/Show: Betting on a horse to finish either first or third
  • Place/Show: Similar to the above but for finishing second or third
  • Exacta: Wagering on the horses expected to finish first and second in a specific order
  • Trifecta: Betting on the first three finishers in the right sequence
  • Superfecta: Wagering on the top four finishers in a particular order
  • Super Hi-5: Placing bets on the top five finishers in a specific order
  • Boxing: By “Boxing” an Exacta, Trifecta, Superfecta, or Super Hi-5, you predict the top horses regardless of the order of finish.
  • Daily Double: Creating a parlay by selecting winners from two consecutive races
  • Pick 3, 4, and more: Similar to Daily Double, but for an increasing number of races.

FanDuel Racing Banking Options

FanDuel Racing provides several methods for depositing and withdrawing funds.

Deposit Method

Bank account, Credit and Debit Cards, Venmo, and PayPal

Deposit Fee

None

Deposit Processing Time

Instant

Minimum Deposit

$5

Withdrawal Method

Bank account, Credit and Debit Cards, Venmo, and PayPal

Withdrawal Fee

None

Withdrawal Processing Time

Up to 48 hours

Maximum Withdrawal

$10,000

FanDuel Racing Responsible Gaming Tools

It’s crucial for bettors to engage in responsible gaming, which involves understanding personal limits, refraining from chasing losses, and being aware of available resources. FanDuel Racing features a “Responsible Gaming” resource page under the “Account” tab at the bottom right of the screen, providing various options for users to explore.

User Limits

User limits enable participants to set restrictions on deposits, losses, wagers, maximum sizes, and entry limits. You can also establish alerts for deposits or when an entry is placed.

Timeout

If you wish to deactivate your account temporarily, you can opt for a timeout of at least three days and up to 365 days. Just specify the duration of your timeout and enter your full name.

Self-Exclusion

By choosing to self-exclude, you will be unable to log in to your account for a period you determine. Your email will also be removed from promotional and marketing lists. To self-exclude, enter the desired length of exclusion and provide your full name.

Reality Check

With FanDuel’s Reality Check feature, you will receive reminders about the time and money you’ve spent using the app. These notifications can be delivered every 15 or 30 minutes.

Deposit Threshold

Users who deposit over $2,500 must read and acknowledge a Responsible Play Statement, which must be confirmed annually.

Parental Controls

Users with FanDuel accounts or personal information associated with them who have minors nearby and access to computers are encouraged to install parental control software to restrict access to FanDuel and other age-restricted websites.

Final Verdict for FanDuel Racing

The FanDuel Racing app impresses with its ease of use. The options available are clear, and the interface is straightforward to navigate. There are many racing options, both regarding the number of races and the variety of bets that can be placed. Depositing funds and placing bets is quick and simple, and the process for claiming and utilizing promotions like the No Sweat Bet is equally as efficient.

The “Race Bets” tab is superb, consolidating all your bet slips—active and inactive—in one location, and the app nearly instantaneously updates you on race outcomes. Plus, you can watch races live, including those you have wagered on via the “Race Bets” tab. Expert picks and resources for new bettors are also plentiful.

Given that FanDuel ranks among the top sportsbooks in popularity, it’s not surprising that its app is exceptional.

Honest Feedback on How FanDuel Racing Can Improve

While FanDuel Racing is a commendable app that is easy to navigate, two significant issues I encountered relate to customer support and the app’s responsiveness.

Getting in touch with a live agent rather than an AI bot can take numerous prompts, even after selecting the “Talk To Agent” option. Once connected to an agent, there can be delays before they begin communicating with you following an initial message indicating they are reviewing your chat log with the bot. However, once you start conversing with a live agent, they tend to be quite helpful and prompt. It merely takes too long to reach that stage. Furthermore, the “Support” option for engaging with either a chatbot or an agent is located under the “Account” tab toward the bottom, which feels misplaced.

Additionally, the app can be somewhat slow and unresponsive at times, requiring a complete closure in order to restart it. The principal issues lie in navigating the main page, where it can lag or stutter, and exiting specific races or bet slips can fail occasionally, prompting a forced close of the app for a fresh start.

Rules and Responsible Gaming

Responsible gambling is a significant focus across all racebooks. Each platform provides essential resources and contact information if you or someone you know may be experiencing a gambling problem. Most states set the minimum age for horse racing betting at 18, though it is 21 in some areas.

Resources for responsible gambling include the National Council for Problem Gambling (NCPG) and Gamblers Anonymous.

Bet smart. Wager responsibly. If you need assistance, you can also contact or text 1-800-GAMBLER (1-800-426-2537). Help is available around the clock.

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