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A new featherweight champion will be crowned at UFC 314 when Alexander Volkanovski and Diego Lopes square off in Miami on Saturday, and bettors who are looking to place wagers on any of the night's fights can utilize the latest FanDuel promo code to receive $250 in bonus bets if their first bet of $5+ wins. 

Let's dive into FanDuel's latest offer, including how it compares to promotions from other sportsbooks, and then take a closer look at UFC 314 and some of the top fights on the card, including Volkanovski-Lopes. 

How to claim FanDuel's promo code

Those looking to claim this latest FanDuel offer for $250 in bonus bets need to follow the following steps.

  1. Click "Claim Bonus" on this page, which will direct you to FanDuel 
  2. Enter the requested information, such as name and date of birth, and allow FanDuel to verify your location
  3. Deposit at least $5 through any of the available payment methods
  4. Make a first wager of at least $5 

If that first wager wins, you will receive $250 in bonus bets. There are no odds requirements for that initial bet, so you can bet on a heavy favorite in order to maximize your chances of winning the wager and receiving those bonus bets. 

Once you receive the bonus bets, you can use them however you'd like. Want to place one $250 bet? Go for it. Five $50 bets? Also acceptable. You could even place 50 $5 bets if that's more of your style. The bonus bets expire seven days after they enter your account, however, and you must use them or lose them. It's also worth noting that should you win a wager with bonus bet funds, you receive only the winnings for your payout and not the initial stake. 

This offer is available only to those 21 and older who reside in a state in which FanDuel operates and who have never signed up for the sportsbook before in any state. You can check out the full terms and conditions of this FanDuel promotion here. 

FanDuel promo comparison

FanDuel is one of many sportsbooks offering new-user promotions right now. Here's how they all stack up to one another.

Brand Promo CBS promo code
FanDuelBet $5, get $250 in bonus bets if your bet winsNone required
BetMGMUp to $1,500 in bonus bets if your first bet losesCBSSPORTS
CaesarsBet $1, double your winnings on your next 10 betsCBSDYW
FanaticsBet and get up to $1,000 in No Sweat BetsNone required
DraftKingsBet $5, get $150 in bonus bets instantlyNone required
bet365Bet $5, get $150 in bonus bets win or loseCBSBET365

FanDuel, DraftKings and bet365 are all offering the same type of promotion, commonly referred to as a "bet and get" promotion.  FanDuel offers more in bonus bets than DraftKings and bet365, both of which offer $150. FanDuel requires your first bet be a winner to net those bonus bets, while that's not the case at DraftKings or bet365. 

Fanatics' offer is for "No Sweat Bets," which is a bet insurance promo that covers a users first bets over their first 10 days with Fanatics. Essentially, if any of those first bets lose, you receive your stake back in the form of bonus bets up to $100 for each day for a maximum return of $1,000 in bonus bets. BetMGM is also running a bet insurance promotion where if your first bet loses, you receive your stake back in bonus bets up to $1,500. 

Caesars' promotion offers profit boosts to new users. After you place a first wager of at least $1, your next 10 bets receive a 100% profit boost. The maximum wager for a bet using a profit boost token is $25, and the maximum additional winnings for each token is $2,500.  

Betting on UFC 314

Volkanovski, a former featherweight champion, is the -125 money-line favorite (bet $125 to win $100) over Lopes, who is -102, according to FanDuel odds. Volkanovski hasn't fought since UFC 298, where he lost to Ilia Topuria. In fact, the former champ has lost three of his last four UFC fights after winning 22 in a row. Lopes, on the other hand, has won each of his last five fights and seven of his last eight. The shortest odds as for how this fight will end is KO/TKO at a resounding +100. Oddsmakers seem to think this fight will be over quick, too, as Round 1 is the favorite at +370 to be when this fight is decided. 

UFC fan favorite Paddy Pimblett is also back and fighting in a lightweight matchup with Michael Chandler. Pimblett is the favorite there at -160 over Chandler at +124. Pimblett has won eight fights in a row dating back to 2020, while Chandler has dropped four of his last five bouts. 

Other notable fights include Nikita Krylov (-200) taking on Dominick Reyes (+152), Jean Silva (-280) versus Bryce Mitchell (+215) and Yair Rodriguez (-205) against Patricio Pitbull (+158). 

For expert picks on UFC 314, including the main event for the featherweight championship, make sure to join SportsLine. 

Responsible Gaming with FanDuel

Bettors should know their limits when placing wagers and also understand that there are plenty of resources available for responsible gaming. FanDuel offers various tools and resources for its users, such as wager and time limits. 

Other nationwide resources include The National Council on Problem Gaming, Gamblers Anonymous and calling 1-800-GAMBLER.