DraftKings Promo Code: Bet $5, Get $150 in Bonus Bets Instantly

Snagging yourself extra bonus bets with a simple $5 initial wager is one of the best ways to improve your winnings this football season. This "Bet and Get" promotion from DraftKings is particularly strong. Make your first $5 bet. Whether it's a winner or not, you get $150 in bonus bets.

DraftKings Promo Code Terms & Conditions

This top-rated DraftKings promo code earns all new users a Bet $5, Get $150 in bonus bets instantly offer after signing up and placing an opening wager of $5 or more. 

• An initial deposit of $5 or more is required.
• Bonus bets have a 1x playthrough requirement and expire after seven days. 
• Sports bettors must meet minimum age requirements and be in a legal sports betting state to use the DraftKings promo code. Geolocation will help to identify which state you are in.

Let's walk you through exactly how new users can claim the DraftKings promo code. You can start sports betting on the DraftKings sports betting app or choose to use the desktop or mobile version of the site.

1. Click any of the "BET NOW" links on this page to create a new DraftKings Sportsbook account.
2. Complete the new-user registration form with your personal identifying information.
3. Make a qualifying deposit of at least $5 using one of the many payment methods available.
4. Place a first bet on any sports betting market and bet type that qualifies for the DraftKings promo code sign-up offer.
5. Six $25 bonus bets will be credited to your DraftKings account, regardless of whether your first wager is a winner or not.

Alongside the DraftKings promo code for new users, you can also claim a variety of bonuses and promotions once you complete the registration process and log into your account. For a comprehensive comparison of DraftKings vs Caesars Sportsbook, be sure to check out our detailed review to discover why DraftKings offers superior ongoing promotions and a broader range of betting options for all bettors.

💰 Odds Boosts

You can place wagers every day with odds boosts on DraftKings Sportsbook. Odds boost are a staple with boosts typically ranging from 10-25%. Locate boosted odds offers through the DraftKings "Promotions" page and your personal rewards, where you can also find profit boosts and odds surges. After adding a qualifying bet to your bet slip, hit the "Bonus Available" link on the bet slip to select the boost you want to apply.

💰 No Sweat Same Game Parlays

This is often one of DraftKings' key NBA betting promos. "No Sweat Same Game Parlays" are a great way to wager on all the latest basketball odds. Typically offered around key events like the NBA Playoffs, No Sweat Same Game Parlays allow you to create same game parlays and receive bonus bets back in the event your parlay does not hit.

💰 Profit Boosts

Get exclusive profit boosts on select bet types and sporting events – up to as much as 50%. For example, DraftKings offered a 50% profit boost on any golf bet type during the PGA Championship. Check the "Promotions" tab frequently to see which profit boosts are available on a given day.

💰 Jackpot Pools & $5K Daily Prize Pools

Take advantage of its unique jackpot pools and daily prize pool features to unlock even more bonus bets. Contest pool amounts have reached as high as $25,000 for certain events.

💰 New State Promos

Whenever DraftKings Sportsbook goes live in a new state, it is commonplace for it to offer a special promo to new users in that state. For example, recent states that launched online sports betting like North Carolina, Kentucky, Massachusetts, Vermont, Kansas and Ohio all received unique DraftKings promotions for a limited time.

💰DraftKings Pick 6 Promo

DraftKings added yet another layer to one of the top brands in the gaming space. This time, DraftKings Pick 6. This offer gives new users $50 in Pick6 credits instantly when you play your first lineup of at least $5. 

DraftKings Pick6 is a new peer-to-peer fantasy sports game where players predict whether individual player stats will be "more or less" than a given number. After building a Pick Set, users enter contests, with prizes awarded to those with the most correct answers. This player prop-based game aims to compete with similar offerings from operators like Underdog Fantasy and PrizePicks.

💰 Referral Bonus

Refer a friend to sign up for a DraftKings Sportsbook account with your unique referral link and unlock an extra bonus bet worth up to $100. Just note the referral program is not permitted in all locations, depending on local regulatory guidelines.

💰 DraftKings Reward Program

DraftKings also has an exciting rewards program, which is referred to as the Dynasty program. Within this program, users earn rewards or "Crowns" with almost every bet they make. These Crowns can be used in a number of ways from bonus plays, to shopping at the Dynasty Store and even travel perks. When users sign up for an account with DraftKings, they are automatically enrolled into the Dynasty Rewards program.

This is an instant offer (you receive the $150 in bonus bets after your first $5 bet, whether it wins or not), it can differ from other operators "bet-and-get" promos that rely on the outcome of your first bet. 

We have found in our personal experience that bettors can consider markets of any odds range to increase their chance for a nice payday with their initial wager. Since they will get six $25 bonus bets whether their opening wager wins or loses, a little risk might be well worth a $5 bet.

The DraftKings app closely mirrors the desktop version of the DraftKings online sportsbook, delivering a seamless betting experience. With highly rated functionality and navigation, the app provides an expansive betting menu that makes it easy for users to explore different markets and wager types. If you're deciding between platforms, check out our BetMGM vs. DraftKings comparison guide to see why DraftKings stands out with its intuitive mobile app and user-friendly design.

After using the DraftKings promo code, sports bettors can download the DraftKings Sportsbook app and begin viewing all the latest odds, bonuses, promotions and features.

App User Ratings

The user feedback on the DraftKings Sportsbook app is positive from both iOS and Android users. 

1. 🍏 The DraftKings Sportsbook app has a rating of 4.8/5 with more than 836K ratings in the Apple App Store.
2. 🤖 On the Google Play Store, DraftKings has a combined score of 4.3/5 from 169K ratings.

User Reviews

"Customer service is exceptional! I won't get into detail but I had a small disagreement and it was resolved within an hour...not only did they make right on their end, they actually gave me more than I was even asking for to resolve the issue! I had to leave a positive review and will continue betting with DK for sure! It's hard to find great customer service nowadays!" - Matt Beats

"Hands down the best site out there to follow. all your favorite favorite teams in every sport imaginable extremely easy to place bets as well as withdraw money from your winnings. if you want a great experience DraftKings is the place to go, trust me you won't be disappointed." - Thomas Dyer

User-Friendly Interface

Already known for its extremely successful DFS platform, it's no surprise that the DraftKings Sportsbook app has one of the cleanest and easiest-to-operate betting interfaces across all mobile sports betting apps. You can quickly access all of your bets and odds with just a few taps of your screen. Making deposits and withdrawals through the app is easy as well.

Live Cash Out Options

Cash out is an innovative feature available on the DraftKings Sportsbook app. Sports bettors can cash out a bet with live odds, or you can even cash out part of your bet during the game. Cash out is available on select sports and betting markets, and can be advantageous if you find yourself in a position to win big and you want to hedge your bet. Cashing out can also minimize your risk, as you can use it to cash out a parlay that's down to its last leg as well.
 

DraftKings Sportsbook offers every bet type and sports betting market that bettors expect from a top-tier mobile sports betting platform. Whether you're looking to calculate potential payouts for straight bets like moneylines and totals, our betting odds calculator can help. If you're comparing top sportsbooks, our FanDuel vs. DraftKings guide highlights the key differences and explains why DraftKings stands out with a broader range of bet types and sports markets.

These are the most common bet types to choose from at DraftKings Sportsbook:

• 🪙 Moneyline Bets: A bet on which team will win a game outright.
• 🪙 Point Spread Bets: A bet to predict whether a team will win or lose within a certain margin of points.
• 🪙 Over/Under Bets: A wager on the total combined number of points from both teams in a game.
• 🪙 Parlay Bets: A combination of multiple bets into a single bet.
• 🪙 Futures Bets: High-risk bets that wager on the outcome of a season.
• 🪙 Teaser Bets: A bet that is tied to multiple bets like a parlay, however, the lines are adjusted by a certain number of points in your favor in exchange for a lower payout as compared to a standard payout.
• 🪙 Prop Bets: Short for proposition bet, props are bets that allow you to wager on various game aspects like individual player performances or events in the game.
• 🪙 Live Betting: Bets that you can make as the game is happening in real-time.
• 🪙 Same Game Parlays: Parlays that combine wagers on the same game.

🏈 DraftKings NFL Promo

During football season, DraftKings is known for offering its user-base a large variety of unique NFL betting promos. This includes odds boosts, profit boosts, bet-and-gets, featured parlays and more. DraftKings is generally regarded as having one of the best NFL betting sites on the market.

🏀 DraftKings NBA Promo

DraftKings is one of the top NBA betting sites, featuring one of the more popular NBA betting promotions is its inclusion of "No Sweat Same Game Parlays." With same game parlays being such a popular wager type for basketball fans, it's no wonder that DraftKings Sportsbook has become a hub for those looking to wager on NBA odds.

⚾️ DraftKings MLB Promo

One of the top MLB betting promos available at DraftKings is its "Early Win" promotion. Go up 2+ runs and win your moneyline bet instantly on eligible MLB odds and bet types.

🏒 DraftKings NHL Promo

Similar to the other sports mentioned above, DraftKings enjoys offering its users a wide variety of NHL betting promos and boosts during hockey season. This can include profit boosts, boosted odds and same game parlay promotions. If you're looking to wager on NHL odds, it is always worth checking out the "Promotions" tab on DraftKings first before placing any bets.

🏆 More DraftKings Sport Promos

Additionally, DraftKings Sportsbook also offers odds and boosts on a number of other, more niche sporting events like tennis, racing, boxing, soccer, badminton, golf, etc. DraftKings is specifically popular when it comes to MMA & UFC odds, consistently offering exclusive MMA betting promos around big UFC events.

No matter which sport you are looking to wager on, DraftKings likely has odds and promos for you to take advantage of. You can also use any bonus bets unlocked through the new-user DraftKings promo code to bet on any of these sports markets.

DraftKings is one of the best online sportsbook sites and apps for sports bettors in the nation. As is true with any online sports betting operator, there are always pros and cons to consider.

Here are the top pros and cons of DraftKings Sportsbook:

DraftKings Sportsbook comes equipped with lots of top banking choices, which emphasize security and ease of use. Two of the best payment options are PayPal and credit cards.

A rundown of the best banking options includes the following, with max withdrawal limits in parentheses:

• PayPal and eWallets - (Max $60k)
• Debit and Credit Cards - (Max $25k)
• eCheck - (Max $100k)
• Online Banking - (Max $100k)
• Venmo - (Max $20k)
• Apple Pay - (Max $25k)
• Play+ Prepaid Card - (Max $25k)
• Wire Transfer
• Cash at Cage
• Check via Mail (takes up to two weeks)

Most withdrawals are processed within two days, but online banking can take up to five days. Debit card withdrawals can reach your account within 24 hours while an eCheck can take up to three days.

Secure Payment Options

Your available funds at DraftKings Sportsbook are easy to account for, with all deposits made with SSL encryption. The deposit methods available to you will depend on your legal sports betting state. If you wish to withdraw via another method, you may have to offset your deposits from your original payment method first.

How to Cash Out Your Earnings From DraftKings Sportsbook 

DraftKings Sportsbook provides multiple withdrawal options to best meet your personal needs. In our experience, we have received our cash out to our bank account within 3 hours of of requesting it.

1. To cash out your winnings from DraftKings Sportsbook, go to the deposit and withdrawal section on the "My Account Information" page and click "Withdraw." 
2. Type in the amount you want to withdraw and check the withdrawal processing times and limits with your desired payment method. 

DraftKings is the second most popular sports betting brand in the US, trailing only FanDuel. Thanks to its successful beginnings as a Daily Fantasy Sports (DFS) platform, DraftKings soared in popularity during the 2010s. After transitioning into a full-fledged online sportsbook several years later, users have consistently had great sports betting experiences using DraftKings.

Customer safety and security is crucial to DraftKings, and its trustworthiness can be proven by its impressive user database. Millions have placed bets on DraftKings Sportsbook with few issues ever reported. You can learn more about DraftKings security and its world class customer service team below.

DraftKings & Responsible Gaming

You can find a "Responsible Gaming" tab on the DraftKings Sportsbook online betting site and mobile app. DraftKings offers a number of tools to its users to ensure that gaming is performed responsibly including budget setting, limits, self excluding and cool-off periods. Users can also check out the "DK Safer Play" website to learn more about responsible gaming at DraftKings.

DraftKings Customer Service

DraftKings has a number of customer service options available if any issues pop up while using the app or online betting site:

1. 💬 24/7 live chat
2. ✉️ By Mail
3. ☎️ Phone (callback or voicemail)
4. 📄 FAQ Sections
5. 📍 X (Formerly Twitter)

DraftKings Security

DraftKings Sportsbook is overseen and regulated by independent regulatory bodies in each state it holds a sports betting license. The online sportsbook implements advanced security and industry-leading SSL technology with leading encryption and data protection for the safety of its sports bettors. 

Further protection is available using features like password-protection or enabling two-factor authentication. All responsible gambling features are also available at DraftKings Sportsbook including limit setting and self-exclusion.

📌 If you're new to online betting, our how to bet on sports guide can help you get started safely and responsibly.

The DraftKings Sportsbook promo code compares favorably to the welcome bonuses of other top sportsbooks such as the BetMGM bonus code, FanDuel's welcome offer and the Caesars Sportsbook promo code.

DraftKings has a plethora of standout online sports betting offers, like odds boosts, profit boosts and early cash out, along with a wide choice of bet types and sports betting options. The many payment methods and a high-quality mobile app make DraftKings Sportsbook a top choice for sports bettors.

Compared to other offers like the FanDuel promo code, DraftKings offers a very similar promotion.

What's more is bettors can also check out the DraftKings casino app and play an abundance of online casino games from slot machines to table games and even live dealer games. The DraftKings Casino promo code gets new users a shot at casino spins on featured games and casino credits back at one of the best online casinos in the US.

The DraftKings promo code is one of the best sign-up bonuses available for new users for an array of reasons. The bonus-bet credits from the DraftKings Sportsbook promo code have a 1x playthrough requirement and expire in seven days, which stacks up well when compared to other top online sportsbooks. The DraftKings promo code offer nets instant bonus money, another perk of signing up a new sports betting account at DraftKings Sportsbook.

Now that you've read this DraftKings Sportsbook review, sign up via the "BET NOW" link below to claim the best DraftKings promo code for new users today.