Bet $5, Get $200 in Bonus Bets Instantly
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New User Bonus offer
Bet $5, Get $200 in Bonus Bets Instantly
DraftKings Promo Code
US States Applicable T&C
AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY
Min Deposit
$5
Overall rating 5 /5
The $200 bonus bets offer is a DK promotional offer designed to welcome new users to its sportsbook. Under this promotion, your first bet payouts win or lose! The $200 in bonus bets can be used across various markets within the sportsbook, providing a broad scope for betting on your favorite sports. This promotion is ideal for those new to sports betting, offering a generous safety net as they explore the Draftkings sportsbook offerings. Additionally, you can opt-in to receive a no sweat bet this weekend on any college basketball game, adding more value to your initial sports betting experience with DraftKings.
What Is The DraftKings Promo Code New User Bonus?
To secure the free $200 bonus on DraftKings, follow these simple steps: Initiate by making a first deposit of at least $5. Then, place your first wager of $5 or more on any sports market available on DraftKings. Regardless of the outcome of this wager, win or lose, you will receive $200 in bonus bets. There is no need for a specific promo code to activate this offer. Once credited, you have one week to utilize these bonus bets to enhance your betting experience across various sports markets.
In addition the the $200 in bonus bets, new users can also take advantage of the a No sweat bet SGP or SGPX on any NBA playoff game of their choice! There is no better time to sign up at DraftKings sportsbooks.
DraftKings Sportsbook | Information |
---|---|
✂ DraftKings Promo Code: | Click To Claim |
🎀 DraftKings Bonus: | Bet $5, Get $200 in Bonus Bets Instantly |
🌎 Available States: | AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY |
💲 Minimum Deposit: | $5 |
📱 DraftKings Mobile App: | Yes – IOS & Android |
✅ Last Verified: | April 18, 2024 |
Terms & Conditions
- Bonus Bets are valid for seven (7) days and failure to use them will void the promotion.
- Bettors must be present in legal states where DraftKings Sportsbook is operational and 21yrs or older (18+ in Kentucky).
- Bonus Bet amount is not included in any returns or winnings
Do you need a promo code for DraftKings?
No promo code is necessary to claim the welcome bonus at DraftKings Sportsbook. Simply sign up for a new account and make an initial deposit of at least $5. DraftKings automatically credits the sign-up bonus to your account after your first $5 bet. This seamless process ensures that all new users can easily access their welcome bonus, making it convenient to start betting without the hassle of entering a specific promo code.
How does the DraftKings Promo compare with FanDuel Sportsbook
In comparing the DraftKings Promo with the FanDuel Sportsbook offer, it’s essential to consider the unique advantages of each. DraftKings provides up to 200 in bonus bets win or lost with your first bet, while FanDuel gives you $150 in site credit only if your first bet wins. DraftKings also has an additional edge with its no sweat college basketball bet offer, making it an appealing choice for those looking for a variety of promotions.
DraftKings verse the BetMGM Bet & Get Offer
Comparing the sign-up bonuses of BetMGM and DraftKings, both platforms offer bonus bets, which is a common practice in the online sports betting industry. DraftKings provides first-time players with up to $200 in guaranteed bonus bets, while BetMGM offers a lower bonus of $150 in bonus bets. It’s important to note that BetMGM’s $150 bonus bet offer is available in select states, whereas the DraftKings promo is more widely accessible.
What states can I get the DraftKings Sportsbook sign up bonus?
As of April, 2024, DraftKings Sportsbook is authorized to operate in a variety of states across the United States, reflecting the growing acceptance of online sports betting. The states where DraftKings is available include Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Tennessee, Virginia, Vermont, West Virginia, and Wyoming. DraftKings’ presence in these states is in compliance with local regulations, ensuring a legal and secure betting environment for users. The list of states permitting DraftKings continues to evolve as legislation around online sports betting advances, offering more opportunities for sports enthusiasts to engage in legal betting.
What’s The Best Way To Use The New User Offer At DraftKings
Maximizing the value of “No Sweat Bets” involves strategic betting on higher odds. This approach leverages the nature of the promotion, where the risk of losing your initial bet is mitigated by the safety net of a refund in the form of a bonus bet. To capitalize on this opportunity, consider placing your wager on outcomes with higher potential returns. While this increases the risk of the initial bet, it also elevates the potential reward. In the event of a loss, the promotion cushions the impact by returning your stake as a bonus bet, allowing you another opportunity to win. This strategy is about balancing risk with the potential for significant reward, making the most of the “No Sweat Bet” by aiming for a high-value return on your initial wager.
Using your bonus bets
If you lose your first bet and once you get the bonus bets back, it’s important to note that you only receive winnings from wagers placed using the bonus bets. For example, if you bet $25 on a +200 money line with cash, the final payout will be $75 ($25 bet + $50 profit). The same bet with a $25 bonus bet would only payout the $50 profit. Or if you use a bonus bet on a spread bet Giants +3 -110, your final payout $22.72, rather then ($25 Bet & 22.72 profit) $47.72 with a cash bet.
Optimal strategy suggests betting on underdogs with a money line value of +200 to +400. Example:
Example: Place a wager on a +250 underdog with a $25 free bet. You’ll win $75 if it wins, and you can expect the bet to win 28.57% of the time. The expected value of this bet is 28.57% x $75, which equals $17.86.
Daily Promotions For All Users At DraftKings
Refer A Friend
DraftKings believes in spreading the joy of sports betting. With their “Refer A Friend” program, you can invite your friends who have yet to register with DraftKings and get a sportsbook referral bonus. Here’s how it works – once your referred friend deposits at least $25, both you and your friend will receive a $25 bonus. And the best part? The maximum bonus can reach up to $100, making it a win-win situation for everyone.
Loyalty Program
DraftKings introduces the Dynasty Rewards program, a tiered system that rewards you for your loyalty. It’s simple – the more ‘crowns’ you gather (DraftKings’ version of points), the more rewards you unlock. For every $2 sports bet you place, you earn one crown. As you accumulate more crowns, the rewards increase in value. It’s a testament to DraftKings’ commitment to recognizing and rewarding their dedicated bettors.
Daily Odds Boosts
DraftKings keeps the surprises coming with their Daily Odds Boosts. Keep an eye on their promotions page, and you’ll discover daily odds boosts across a wide range of sports. These boosts can significantly enhance your potential winnings and add an extra layer of thrill to your sports betting adventures. Don’t miss out on these limited-time offers – they could be your ticket to even bigger wins. Here is what is available for this week:
Learn More About DraftKings Sportsbook
DraftKings Sportsbook seemingly went from a booming DFS marketplace to overnight sportsbook success. When PASPA was overturned on May 14, 2018, DraftKings was right there, ready to go. Since instant success in New Jersey, this is a sports betting operator that has expanded to include most of the states that currently accept legal sports wagers.
Competition is fierce across the industry for users to sign up and that is why places like DraftKings offer such great bonuses and promotions in order to get your business. This type of environment is great for bettors that want to line shop and also take advantage of the best sign-up offers and promos.
The Bet $5, Win $150 offer from DraftKings Online Sportsbook is just the tip of the iceberg. They regularly offer contests for sportsbook users and also have the largest collection of odds in the legal US sports betting landscape, especially when it comes to props and futures wagering.
DraftKings Sportsbook is up and running in every legal US betting state.
Keep an eye on this page to see the most recent Bet & Get promotions at DraftKings and sign up when the time is right with one of the best US sportsbooks.
What Types Of Bets Can I Make At DraftKings Online Sportsbook?
Once you are signed up and made your first deposit on the DraftKings app or betting site the first thing you will notice is the huge selection of sports betting markets from the popular ones like NFL, MLB, NBA, NHL, College Basketball & Football to Snooker, Darts, Soccer pretty much anything you can think of. To wager on any of these markets they have all the common bet types such as:
- Spread Bets – Spread betting aka betting on or against the spread is the most popular bet type players use. A point spread bet in sports betting is a type of wager where a sportsbook like DraftKings sets a line or margin of victory for a particular sporting event. For example, if a football game has a point spread of -7 for the favorite team, it means that the sportsbook considers the favorite team to be 7 points better than the underdog team. If a bettor wagers on the favorite team, they must win the game by more than 7 points to win their bet. Conversely, if a bettor wagers on the underdog team, they can win their bet even if their team loses the game, as long as the underdog team loses by less than 7 points.
- Money Line Bets – A money line bet in sports betting is a type of wager where a bettor simply chooses which team they think will win a particular sporting event, without any point spread involved. In a money line bet, each team is assigned odds based on their perceived chances of winning the game. The odds are expressed as a positive or negative number, with the negative number indicating the favorite and the positive number indicating the underdog. For example, if a baseball game features the New York Yankees (-150) against the Boston Red Sox (+130), the Yankees are considered the favorite to win the game, and a bettor would have to wager $150 to win $100 if they chose to bet on the Yankees. Conversely, if a bettor chooses to bet on the Red Sox, they would win $130 if they wagered $100 and the Red Sox won the game.
- Parlay Bets – A parlay bet in sports betting is a type of wager where a bettor combines two or more individual bets into a single bet, with the goal of increasing the potential payout. In order to win a parlay bet, all of the individual bets within the parlay must be correct. If even one bet within the parlay is incorrect, the entire parlay bet is considered a loss.
- Prop Bets – A prop bet in sports betting, short for proposition bet, is a type of wager that is based on an individual event or outcome within a sporting event, rather than the overall outcome of the game itself. Prop bets are often based on specific statistics or milestones that may occur during a game, such as which player will score the first touchdown in a football game or how many strikeouts a particular pitcher will have in a baseball game.
- Other Types Of Bets Available: Teasers, Over/Under Total Bets, Reverse Bets, If Then Bets, Pleasers, and Futures
DraftKings App
The DraftKings sportsbook app is a mobile application that allows users to place sports bets on their mobile devices from home, work or anywhere within a legal betting state. The DraftKings betting app is available for download on both iOS and Android devices and offers a wide range of betting options on various sports events, including professional and college sports.
IOS Users – Download the DraftKings mobile app in the App store
- Rating: 4.8 out of 5
- Ratings: Over 707,800
- Best Rated App in all of sports in the App Store.
- Download here
Andriod Users – Download the DraftKings mobile app in the Google play store
- Rating: 4.6 out of 5
- Ratings & Reviews: 143K reviews, and over 1 million+ downloads
- #1 Free Sports App in Google Play.
- Download here
Users can place bets on a variety of betting markets, including moneyline bets, point spread bets, totals (over/under), futures, props, and parlays. The app also provides users with live in-game betting options, allowing them to place bets on a game while it is in progress.
In addition to betting, the DraftKings sportsbook app also provides users with a variety of features to help them make informed betting decisions. These features include live scores and game stats, team and player information, and a range of articles and analysis from sports experts.
The DraftKings sportsbook app is available in several states where online sports betting is legal, including New Jersey, Pennsylvania, Michigan, and Colorado, among others. Users must be located within a state where DraftKings is licensed to operate in order to place bets on the app.
DraftKings Online Casino
DraftKings offers an online casino in addition to its sports betting platform. The DraftKings Casino offers a variety of games including slots, table games, and live dealer games, with options for players of all skill levels and bankrolls. The DraftKings Casino is available in several states where online gambling is legal, including New Jersey, Pennsylvania, Michigan, and West Virginia.
If you’re on the hunt for a new online casino experience, look no further. DraftKings Casino has an exciting offer for new customers that’s too good to miss. By using our exclusive DraftKings Casino bonus code, you can secure $100 in casino credits with just a $5 opening bet.
DraftKings Casino 100% Deposit Match Bonus Offer
DraftKings Casino is renowned for its diverse selection of casino games, ensuring that players have access to all their favorite options right at their fingertips. With our special DraftKings Casino bonus code, new customers can enjoy a $100 bonus in casino credits after placing a $5 bet, regardless of whether their initial bet wins or loses. No promo code is needed; simply follow the link and deposit $5 or more when you sign up with DraftKings Casino to activate your welcome bonus instantly.
What Types Of Games Are In The DraftKings Casino?
DraftKings Casino offers an extensive library of over 2,000 games, setting itself apart with a wide variety of options to cater to all online casino enthusiasts. Whether you’re into slots, live dealer tables, or classic casino games, DraftKings Casino has something for everyone. Security is a top priority, ensuring the safety of your funds and personal information. The DraftKings Casino offers a variety of games, including:
Slots
Table Games
Live Dealer Games
Video Poker
Other Games: In addition to the above categories, DraftKings Casino also offers a range of other games, including scratch cards, virtual sports games, and more.
It’s worth noting that the selection of games available on DraftKings Casino may vary depending on the state in which you are located. Each state has its own set of regulations when it comes to online gambling, and DraftKings Casino may not be licensed to offer all of its games in every state.
DraftKings Daily Fantasy Sports
The DraftKings Daily Fantasy Sports app is a mobile application that allows users to play daily fantasy sports games on their mobile devices. The app is available for download on both iOS and Android devices and offers a wide range of daily fantasy sports contests, including contests for NFL football, NBA basketball, MLB baseball, NHL hockey, and more.
In daily fantasy sports contests, users select a lineup of players from a particular league and earn points based on the players’ real-life performance in games. The goal is to accumulate the most points in the contest and win cash prizes.
The DraftKings Daily Fantasy Sports app allows users to enter contests of various entry fees and prize amounts, ranging from free contests to high-stakes contests with large prize pools. Users can also create their own private contests to play with friends or colleagues.
The app provides users with a range of features to help them build their lineups and make informed decisions, including player news and injury updates, expert analysis, and statistics on player performance.
The DraftKings Daily Fantasy Sports app is available in several states where daily fantasy sports is legal, including New Jersey, Pennsylvania, Michigan, and Colorado, among others. Users must be located within a state where DraftKings is licensed to operate in order to participate in contests on the app.
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