Launched in Boston as a fantasy sports operator, DraftKings swiftly moved into the online sports betting space in 2018. DraftKings has since exhibited a willingness to acquire innovative companies and explore new betting markets to improve its products and expand its already substantial footprint.
Disclaimer: For those not in as well as those outside the US, you may face restrictions on the offers you see on this page.
DraftKings is one of the leading sportsbooks in the US market. It offers an array of bets on major leagues, live in-game markets, niche sports, futures, props, parlays, and more. DraftKings mostly utilizes “bet & get” welcome offers.
Today, the most widely publicized offer is its “Bet $5, Get $300 in Bonus Bets” welcome offer. To win the bonus bets, the user’s first bet must be a winning bet. The exact structure might change depending on the timing and promotional windows.
Moreover, DraftKings pairs bonuses with extras like a 3-month NBA League subscription pass. For more details, you can always check this sportsbook’s Promos page. In this article, you are going to find all you need to know about DraftKings promo code, promo code for DraftKings, Draft Kings promo code, and other derivatives. Continue reading to know more!
Mobile Sportsbook
Mobile Sportsbook
Mobile Sportsbook
DraftKings Sportsbook at Wrigley Field: 1012 W Addison St, Chicago, IL 60613
DraftKings at Casino Queen: 200 Front Street, E. St. Louis, Illinois 62201
Mobile Sportsbook
As of November 2025, DraftKings' welcome offer for new sportsbook users is “Bet $5, Get $300 in Bonus Bets.” The bonus is credited soon after your first bet is a winner. Besides this, the bonus includes additional perks such as a promo code discount for NFL Sunday Ticket or even a free 3-month NBA League Pass.
As far as the promo code is concerned, it is imperative to note that you do not need to submit a code. The offer is triggered automatically once you click through a valid promotional link and complete the right steps.
Suppose you are new to DraftKings Sportsbook, the current welcome bonus deal is “Bet $5, get $300 in bonus bets instantly the moment your first wager wins.” Notably, this promotion functions as one of the most accessible incentives in the US sportsbook market, enabling players to test the platform in a cost-effective way.
How it works:
Key conditions:
When evaluating a sportsbook's welcome offer, it is important to look beyond the headline bonus amount. This means that you should compare bonus size, betting odds requirement, bonus terms, ease of use, and how the offer fits your betting style whenever you’re judging if DraftKings’ bonus bets are better than the top offerings.
How DraftKings compares:
How competitors measure up:
Verdict: When DraftKings is better
Although some of its rivals might offer bigger caps or more complex “loss insurance” structures, they also come with more restrictive terms. For most users, more so casual betters, the DraftKings Sportsbook promo code/welcome bonus is a good deal for them.
The following is a breakdown of how DraftKings compares with others in terms of promo structure, ease, and value:
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From the information above, this sportsbook’s low barrier and instant bonus make it very competitive compared to its peers. This is because casual players who want to explore the platform can do it without any worries that they will have to dig deeper into their pockets. The bonus offered by DraftKings Sportsbook is also large compared to that of its competitors, which often come with stricter strings attached.
US sports betting is regulated at the state level, therefore DraftKings Sportsbook’s offers vary from one state to another. Today, some states have unique special offers that you should know about. The following is a breakdown of the offers you can find in different states:
Ohio is one of the active states for DraftKings Sportsbook. If you are a new player, trust that you will be able to get a welcome bonus of “Bet $5, Get $300 in Bonus Bets” promotion if your first wager wins. Additionally, you will get a 3-month NBA League Pass subscription.
To get this bonus, you need to do the following:
While some promotional sites might refer to DraftKings Ohio promo code, essentially, you do not need one to get the welcome bonus as a new player. All you need to do is sign up and place the qualifying bet.
If you live in Vermont and are a new player, trust that this sportsbook will offer you a welcome bonus of “Bet $5, Get $300 in Bonus Bets” if your qualifying wager is a winner. The promotion also comes with a 3-month NBA League Pass subscription, regardless of the outcome of your bet.
New players living in North Carolina have a reason to smile as DraftKings Sportsbook offers a welcome bonus of “Bet $5, Get $300 in Bonus Bets” if your first qualifying wager wins. To get this welcome bonus, you do not need to enter a DraftKings NC promo code. Therefore, new players can claim this awesome bonus by signing up through a promotional link and meeting the necessary requirements.
Suppose you live in New York and are a new customer to DraftKings Sportsbook, note that you’ll get the “Bet $, Get $300 in Bonus Bets” if your first qualifying wager wins the offer. There is no DraftKings promo code needed here. As such, you can sign up to this sportsbook through a promotional link and be all set.
As of November 2025, this sportsbook is offering new players living in Michigan a “Bet $5, Get $300 in Bonus Bets” if their first qualifying bets win offer. Apart from the welcome bonus, new players can enjoy a 3-month NBA League pass. You are not required to enter a DraftKings promo code Michigan for you to get the welcome bonus.
Suppose you are a new user living in Louisiana, this sportsbook offers you a welcome bonus of “Bet $5, Get $300 in Bonus Bets” in the event your first qualifying wager wins offer. You will not be required to enter a DraftKings Louisiana promo code to get this welcome bonus. This means that you can register at this sportsbook through a promotional link. Besides the welcome bonus, DraftKings offers you a 3-month NBA League Pass.
New customers in Maryland can now take advantage of this sportsbook’s welcome bonus: “Bet $5, Get $300 Bonus Bets” if your first qualifying bet wins. There is also a three-month subscription to NBA League Pass. You do not need to have a DraftKings promo code Maryland to get this welcome bonus.
If you are a new player in Kentucky, this sportsbook offers a welcome bonus offer that includes up to $300 in bonus bets if your first $5 wager wins. Alongside this welcome bonus, you will get a free 3-month NBA League Pass subscription. To get the welcome bonus, you do not need to have a DraftKings Kentucky promo code.
New players in Illinois willing to test this platform will be greeted with a welcome offer of up to $300 in bonus bets if their first $5 wager wins. Besides this, such players will be able to enjoy a 3-month NBA League Pass subscription. Luckily, you are not required to have a DraftKings promo code Illinois to claim this bonus.
New players living in Massachusetts can receive this sportsbook’s welcome offer of “Bet $5, Get $300 in Bonus Bets”if their first $5 wager hits. Apart from the welcome bonus, DraftKings Sportsbook offers a 3-month NBA League Pass subscription. You do not need a DraftKings Massachusetts promo code to claim this bonus.
This sportsbook is not limited to offering the welcome bonus alone. There are several bonuses and promotions that are tied to certain sports or events that you can find at DraftKings Sportsbook. Whether you bet on baseball, basketball, soccer, or horse racing, there are certain targeted promos such as content bonuses, profit boosts, “King of the Diamond” events, or event-specific wagers.
Here are some of the bonuses that you can find at this sportsbook:
The sportsbook offers a “Queen of the Court” promotion for WNBA matchups. Here, bettors can opt in and make use of a profit boost token on a player prop bet like rebounds, assists, or points at odds of -200 or longer. If their selected player finishes the night leading in combined PRA (points + rebounds + assists) across all WNBA games that day, they can share in a $500,000 prize pool distributed as bonus bets.
For example, if you place a Caitlin Clark point over and she wins Queen of the Court, you’re going to receive a share of the rewards. Currently, the promotion is available on select WNBA game nights and requires users to activate the profit boost token directly in their betslip before wagering. Apart from this promo, the sportsbook also offers WNBA-specific odds boosts, live betting markets, and same-game parlays, thus offering players several ways to profit from their knowledge of basketball.
This sportsbook is actively promoting Ryder Cup betting via enhanced bonus structures and odds boosts that are tied specifically to the event. Here, new users can place a $5 Ryder Cup wager and be able to get $200 in bonus bets instantly as part of the welcome promo.
Existing players can also benefit from the Mysterious Profit Boost of up to 50% on any Ryder Cup Wager and 30% boosts targeting the points leader market. As if this is not enough, this sportsbook pairs these promos with discounts or even bonus offers, especially during the Ryder Cup promo period. For more information, keep an eye on the “Promos” tab during the Ryder Cup weeks.
DraftKings runs one of its standout MLB promotions through its “King of Diamond” contest. Players can opt in and then build a parlay using player home run markets (SGPx, SGP, or standard parlays) with a minimum bet of $5, unless they are using a boosted token. Even if your parlay does not hit, you’ll still be able to win a share of the bonus pool if one of your selected sluggers hits a home run and is part of the highest-scoring MLB team that night.
For the parlay legs, no minimum odds are required, and only games that start at 6 p.m. ET or later are eligible in most slates. On special dates, DraftKings has boosted the contest prize pool to $2 million. Also, MLB betting markets on DraftKings enjoy odds boosts, SGP profit boost, and live HR boosts features. A good example is live HR bet boosts and special profit boosts on YRFI/NRFI markets.
At the moment, this sportsbook is offering NHL profit-boost promos. This means that you can opt in to special profit boost offers that are valid on select NHL games during certain dates to increase your payout. In most cases, these boosts appear alongside standard odds boosts, which can be used across sports such as hockey.
This sportsbook frequently offers promotions around Major League Soccer (MLS) events. One of those promotions that you will find in DraftKings Sportsbook is the MLS Season Pass Bet & Get. This promotion allows users to receive an MLS Season Pass subscription after making a qualifying wager of $5 or more on any soccer market, including MLS games. Here, users have to opt in to this promotion under the “Promos” tab before placing their respective bets.
This sportsbook offers multiple promotions for college football (NCAAF) fans, especially during the peak season. One of the recent offers is the “Bet $5, Get $300 in Bonus Bets” if your first bet wins offer plus 3 months of NBA League Pass. To get this offer, newcomers should just sign up and then deposit at least $5, and then place a $5 wager on any college football market, including moneylines, totals, or spreads.
Once the qualifying bet is placed, the $300 in bonus bets is credited once your qualifying wager wins. With this bonus, you can now have funds to use across other sports or upcoming NCAA matchups. Also, this sportsbook offers parlay insurance, game-day profit boosts, and no-sweat bets for major college games throughout the season.
The DraftKings Horse Promotion offers multiple promotions for new and existing players.
Existing customers at this sportsbook can also enjoy some promotions. The good news is that they do not need a promo code to enjoy these offers. If you are a current user, you can find these offers in the “Promos” and “Rewards” sections on the DraftKings Sportsbook app or website.
Typically, these promotions rotate frequently and are tied to specific events or leagues. To enjoy these offers, users have to opt-in before placing their wager to activate it. The following is a summary of the promos that existing users can find at DraftKings Sportsbook:
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The following are the promo codes and offers available:
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It is important to note that the welcome bonus offered by this sportsbook comes with its own share of restrictions. These restrictions or limits include:
The DraftKings bonus code must be used during the registration process so that you can get the welcome bonus. Typically, it functions as a promotional trigger that helps unlock a certain offer within the sportsbook. Fortunately, this sportsbook does not require you to enter a DraftKings bonus code during the sign-up process.
This means that you can go ahead and register and get the “Bet $5, Get $300 in Bonus Bets” if your qualifying wager wins the offer.
To maximize DraftKings Sportsbook promos as a new bettor, consider:
When it comes to sports betting, there are no easy wins, per se. However, the bonuses offered by this sportsbook make things simpler. Everything starts with signing up at this sportsbook during major sporting events. Here is how to get started:
Before you take advantage of this sportsbook's welcome offer or promos, you need to understand the fine print. The following are the key terms and conditions that apply:
This sportsbook accepts a number of payment methods. When making deposits, some of the options that you can use here include:
When making withdrawals, some of the options you can use include:
Depending on the method you choose and your state, withdrawal times might vary.
If you want to cash out your DraftKings bonus winnings, consider:
This sportsbook stands out for having a modern, intuitive mobile app that can work well on Android and iOS devices. It also boasts of having a wide range of sports, ranging from mainstream leagues to niche props. The sportsbook also has strong live betting features.
On the flip side, customer service needs improvement. Some users have complained that there are some delays in getting responses. That said, its strong security, licensing, and payment options make it a good choice for many bettors.
The DraftKings Sportsbook app comes with a number of features. They include:
DraftKings' Reward program allows you to earn “Crowns” as you bet. Whether you place single wagers, explore new sports, or build same-game parlays, every dollar you stake helps you get more Crowns.
As you gather more Crowns, you are going to move up through this program’s tiered levels. While at it, you’ll be able to unlock even more exclusive perks and benefits. With higher tiers come better rewards like special contest entries, enhanced bonus bets, and access to VIP experiences.
When it comes to the redemption of your Crowns, the process is simple. You can use them for bonus bets, get into exclusive contests, or even shop for merchandise in the Dynasty Store. Therefore, every time you stake a bet, you do not just stand a chance to win but also an opportunity to get valuable rewards that can make the overall betting experience better.
This sportsbook offers several betting types to suit different strategies. These include:
Other popular options include
If you are a new user, you will get a welcome bonus of “Bet $5, Get 300 in Bonus Bets” if your first bet wins offer. These bonus bets will be credited in your account in multiples of $25 and will expire after 7 days.
After making the first qualifying wager and it hits, you will get $300 in bonus bets. The first deposit is then matched 20% for up to $1,000 in bonus cash. However, you need to meet the 25x playthrough requirement.
No. You need to wager at least $5 for you to get $300 in bonus bets if your qualifying wager wins.
No. It is not possible to claim more than one DraftKings sign-up bonus. This is because this bonus is only offered to one account/person at a time.
You do not need to enter a promo code when using the DraftKings app. This field is usually optional, as indicated on the registration form.