Arkansas sports bettors can claim $350 in bonus bets from FanDuel by placing a $5 wager on each of their first seven days on the platform, the sportsbook's newest sign-up promotion for the state's legal market.
The offer requires a minimum $5 bet per day across a seven-day window, meaning a new user risks $35 total to unlock the full $350 in bonus bets. Bonus bets typically must be used within a set period and cannot be withdrawn as cash, though winnings from those bets can be.
A separate offer from Kalshi gives new users $55 in bonus trading credit after they trade $25 or more on the platform. Kalshi operates as a regulated event-contract exchange rather than a traditional sportsbook, a distinction that matters for how Arkansas law treats the two products.
Arkansas voters approved legal sports betting through a 2018 ballot measure, and the state began accepting wagers in 2019. The market has since grown to include major national operators alongside the state's casino-affiliated sportsbooks, which are tied to the four casinos licensed under the same amendment.
Promotional credits have become the primary customer-acquisition tool in U.S. sports betting, with FanDuel, DraftKings and others spending heavily to convert new users in states where they hold licenses. The size of an offer often reflects how competitive a given state's market is — deeper discounts appear where operators are fighting hardest for the same customers.
For bettors, the practical value of a bonus depends on the terms attached. Most sportsbooks require bonus bets to be wagered at minimum odds, and some exclude certain markets or sports from qualifying wagers. Reading the fine print before opting in determines whether a $350 headline figure translates into usable value.
Arkansas law requires bettors to be at least 21 years old and physically located within state lines to place a wager. Geolocation checks run through each app, meaning a bettor who crosses into a neighboring state mid-session will be blocked from placing new bets until they return.
The state's gambling also includes a constitutional restriction limiting casino licenses to four counties, which shapes which operators can offer retail sportsbooks versus online-only access. That structure has kept the Arkansas market smaller than neighbors like Tennessee, which launched mobile-only betting in 2020.
FanDuel has not announced an end date for the $350 promotion, and Kalshi's $55 credit offer remains listed as available to new users. Both require account registration and identity verification before any wager or trade can be placed.
