FanDuel Racing Promo: Get a $500 No Sweat First Bet in for 2024 Belmont Stakes

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Belmont Stakes, the third and final installment of the Triple Crown races, is on Saturday June 8. Given that horse racing occupies a different avenue than traditional sports betting, you may be wondering what the most effective way to wager on the race.

FanDuel has you covered with its $500 no sweat bet for new users. In states where sports betting is legal, you can usually use the traditional FanDuel Sportsbook app to place bets. In states where standard online sports betting is not yet legal (think California and Florida, to name a few) you can sign up with FanDuel Racing — a separate app designed exclusively for horse racing — and claim the welcome offer.

This offer is available in the following states, but you must be a brand-new user to any FanDuel platform, not just racing: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Mexico, New York, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Virginia, Washington, West Virginia and Wyoming. So if you already have FanDuel Sportsbook, you won’t be eligible for this offer.

Where is FanDuel Racing available?

Based on the legal framework in the U.S., there are two. categories based on which state you’re wagering from:

1. SWOBA — which are states that allow online sports betting and thus you can use FanDuel Sportsbook to wager on the Belmont Stakes
2. NOBA — which are states that do not allow online sports betting thus you’ll need to download and sign up with FanDuel Racing to be on Belmont

Regardless of which state you’re located in, the offer is the same. You can get a $500 No Sweat First Bet with no promo code required.

Currently, FanDuel Racing is operational in AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD and WA.

What is the FanDuel Racing promo?

Sign up with this hyperlink and get a $500 No Sweat First Bet. Similar to other No Sweat First Bet offers, this works as bet insurance on the first cash wager you place. So when you claim this offer you’ll be eligible to get the value of your first cash bet back as bonus bets — up to $500 — if you lose.

Wagering on horse races

If you’re used to traditional sports betting, wagering on horse racing is a bit different. As opposed to other markets like the NBA or NFL where the odds are set by Vegas oddsmakers and can fluctuate based on injuries, weather etc. horse racing is pari-mutuel.

In this context, pari-mutual simply means that the odds are determined by the amount of money other people are placing on that particular horse. So the more favored a horse is, the more money has been wagered on it.

2024 Belmont Stakes Odds

Odds courtesy of FanDuel

1. Seize the Grey: 8-1
2. Resilience: 10-1
3. Mystik Dan: 5-1
4. The Wine Steward: 15-1
5. Antiquarian: 12-1
6. Dornoch: 15-1
7. Protective: 20-1
8. Honor Marie: 12-1
9. Sierra Leone: 9-5
10. Mindframe: 7-2

How to sign up with FanDuel Racing

There’s no actual promo code needed to claim this offer, you can follow the steps below to claim this offer.

1. Use this hyperlink to access FanDuel Racing, if you’re in a legal sports betting state you’ll likely be able to bet with the traditional FanDuel Sportsbook app
2. Input the relevant personal information to establish your account (home address, birthdate etc.)
3. Review and approve the T&Cs for this promotion
4. Make a cash deposit to register your account
5. You’re ready to wager. You’ll get your cash stake back as bonus bets if you lose on your first bet of the day.

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