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FanDuel Racing promo code: $20 no sweat first bet for 2023 Preakness Stakes

Thanks to redeeming the FanDuel Racing promo code, you’ll earn a $20 no sweat first bet for the 2023 Preakness Stakes.

Redeem the FanDuel Racing promo code below by following the outlined steps. (Credit: Getty Images/iStockphoto).
Redeem the FanDuel Racing promo code below by following the outlined steps. (Credit: Getty Images/iStockphoto).Read moreJupiterimages / Getty Images

The FanDuel Racing promo code is up for grabs for new customers looking to wager on the 2023 Preakness Stakes. If you redeem the FanDuel Racing promo code by clicking on an offer module below, you’ll receive a $20 no sweat first bet on any horse racing betting market for the Preakness Stakes.

Whether you want to place your no sweat first bet on an Exacta, Omni, or simple Win wager, you can do so. If your first bet up to $20 isn’t successful, you’ll receive your stake back in the form of bonus bets.

Explaining the FanDuel Racing promo code further

Signing up with FanDuel Racing is as easy as clicking on the offer module above.

The FanDuel Racing promo code is a simple but generous one. Unlike other horse racing betting sites like TwinSpires, you don’t need to wager hundreds of dollars in order to receive bonus bets.

Your first bet on the 2023 Preakness Stakes can be viewed as an on the house bet worth up to $20. Simply place your first bet up to $20 on any Preakness Stakes betting market and then play the waiting game.

You won’t receive your first bet’s stake back in withdrawable cash if you lose. Instead, your first bet’s stake will be paid back in bonus bets that cannot be withdrawn for cash.

However, FanDuel generously lets you divide your bonus bets into as many individual wagers as you want. Whether this means you place 20 $1 bets or four $5 bets is completely up to you.

It should be noted that in order to wager on FanDuel Racing through the FanDuel Sportsbook app, you’ll have to reside in a legal online betting state.

If you’re not in an online betting state, you can only wager through the FanDuel Racing app. Don’t worry if you’re in a non online betting state, as horse racing betting is the exception. It’s betting on standard sporting leagues like the NFL and NBA that are prohibited.

  1. States where you must use FanDuel Racing: AR, CA, DE, FL, KY, NH, NM, ND, OR, RI, SD, and VT

  2. states where you can use FanDuel Sportsbook: CO, MA, IL, IN, LA, MD, MI, NY, OH, PA, VA, WV, and WY

Instructional guide to claiming and using your FanDuel Racing promo code

  1. Click the offer module above to begin the sign-up process

  2. Click “Bet Now” and begin entering and verifying your personal information

  3. Don’t sweat typing in a promo code, since clicking the offer module above to register is all you needed to do for FanDuel to enroll you in their welcome offer

  4. Make your initial deposit of at least $10 and find the Preakness Stakes betting market you want to bet on

  5. Wager no more than $20 and wait for your bet to settle

  6. If your first bet results in a loss, FanDuel will credit your account with $20 in bonus bets

  7. Bonus bets can be used on FanDuel Racing markets but not be withdrawn for cash over the next 14 days

Latest FanDuel Racing odds for 2023 Preakness Stakes

Mage is the reigning Kentucky Derby winner, and has very strong odds of winning the Preakness Stakes at 8-5.

Mage is looking to win the Triple Crown, which requires a win in this race and the final leg of the three races, the Belmont Stakes.

In order to enter Belmont with the Belmont Stakes with a chance to make history, Mage will have to win against First Mission (5-2), Blazing Sevens (6-1), and National Treasure (4-1), all who have incredibly strong odds to win.

The Inquirer is not an online gambling operator, or a gambling site. We provide this information about sports betting for entertainment purposes only.