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FanDuel Racing Promo: New Users Can Claim $500 No Sweat First Bet on 2024 Belmont Stakes or Any Race


FanDuel, the largest sports betting site in the country, offers horse racing bettors a chance to get in on the Belmont Stakes action. You can find FanDuel Racing, the horse racing platform of FanDuel, either through a separate app or a tab in the sportsbook app if you’re already in a sports betting state.

Click the corresponding module below whether you’re in a standalone horse racing state or a state that offers horse racing and sports wagering.

You must be brand-new to FanDuel to access this offer — so if you bet at the sportsbook or played DFS, you’re not eligible, even if you’ve never placed a horse racing bet. However, all users are eligible for a $20 no sweat bet on a horse to win the Belmont Stakes. It’s only for the Belmont, not any race, and you’ll get back a horse racing credit that must be used in seven days.

Horse racing only – AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA

Sports betting & horse racing – AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY

Sign-up process with FanDuel Racing

  1. Use this link for the standalone horse racing app or click here if you’re in a sports betting state.
  2. You’ll create a new account and it must be your first time using a FanDuel product.
  3. Place a cash bet on any type of horse racing wager and on any race or track to qualify for the $500 No Sweat First Bet.

Details of the FanDuel Racing offer

The 2024 Belmont Stakes is set to take place on Saturday, June 8 with some critical differences from years past. This year and next year the Belmont Stakes will be held at Saratoga while renovations are taking place at Belmont Park.

Furthermore, the Belmont is typically one and a half miles, the longest race of the Triple Crown hence why it is called the “The Test of the Champion.” However, while it is being held at Saratoga in 2024 and 2025, it will be at one and a quarter miles which has sparked some controversy since it is not the full distance of a traditional Belmont Stakes but is the same distance as the Kentucky Derby.

Your can qualify for the FanDuel Racing $500 No Sweat Bet whether you reside in a state that offers the sportsbook app or a standalone horse racing state. However, if you’re in the sportsbook state, you must be a new customer to the platform to qualify.

You’ll set up a new account and place any type of horse racing bet to be covered up to $500 in Racing Credit. Let’s say I place a $200 single win bet on Sierra Leone to win the Belmont Stakes at 9-5 odds.

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  • I would profit $360 and keep my $200 stake if the bet hits. I’ll then have $560 in my FanDuel account which can be withdrawn or used on other wagers (only horse racing wagers in horse racing states or can be used in sportsbook app if in a legal sports betting state).
  • Meanwhile, a miss means FanDuel deposits $200 of Racing Credit to your account within 72 hours

The Racing Credit can be split and used across horse races within the platform for up to seven days. You have a chance to profit cash from a winning bet using the Racing Credit but the bonus funds will always disappear to the house after usage.


Age and residency restrictions apply. See terms at Gambling Problem? Call 1-800-GAMBLER.

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