March Madness rages on with the Elite Eight on Sunday, along with the opening series of the MLB season. When you sign up at FanDuel, you can bet $5 or more on these events or any other to claim $200 in bonus bets. No FanDuel promo code is required to claim your sign-up bonus.

A notable difference exists between the two offers that provide a $200 bonus. In most states, a $5+ first bet will get you $200 in bonus bets, but you must win your first bet to claim the bonus. You don't have to win your first $5 bet in North Carolina to get the $200 bonus.

As mentioned, you will receive $200 in bonus bets as your sign-up bonus at FanDuel in most states. All you need to do is place a $5+ initial wager on any market and win the bet. Winning any wager is challenging, but there's a way to approach this promo to give yourself the best chance of claiming bonus bets.

We highly advise placing your first $5+ bet on as heavy a favorite as possible. This is mainly because this FanDuel promo does not have a minimum odds requirement. This means you can bet on something at -10000 odds if you want to.

For example, suppose I'm placing a $5 bet on the Diamondbacks moneyline (-350) against the Colorado Rockies.

Because the downside of this FanDuel promo is that you can lose the stake on your first bet聽and聽miss out on $200 in bonus bets, ensuring you win the first bet is imperative. Any favorite can lose on any night, but this will always maximize your chances.

Unlike most states, FanDuel North Carolina sign-ups can claim $200 in bonus bets without winning their first $5+ bet. This allows you to place your first bet on whatever odds you choose.

For example, I bet $20 on a college basketball moneyline at +130 odds.

Again, this offer is exclusive to new FanDuel North Carolina customers.