DraftKings Sportsbook is now offering new customers in select states up to $300 in bonus bets when they sign up and place their first wager today. In this article, we’ll cover everything you need to know about the DraftKings $300 Promo! This includes how it works, where it’s available, what steps you can take to unlock your bonus, and much more.
Bet $5, Get $200 in Bonus Bets Instantly
Gambling Problem? Call or TEXT 1-800-Gambler 21+ 
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: Click To Claim
Bet $5, Get $200 in Bonus Bets Instantly
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: Click To Claim
Gambling Problem? Call or TEXT 1-800-Gambler 21+
DraftKings $300 Promo Code & New Customer Offer
DraftKings is currently providing one of the best sportsbook promos in the online sports betting industry, and we’re here to tell you all about it!
In nearly a dozen U.S. states, you can sign up now at DraftKings Sportsbook and get up to $300 instantly when you place your first wager of $5 or more. And the best part? It doesn’t matter if the bet wins or loses; you’ll receive a massive welcome bonus either way!
The reward you receive will range from $150 to $300 in bonus bets, and the exact bonus amount will depend on the amount of your initial wager.
| ✂ DraftKings $300 Promo Code: | Click To Claim |
| 🎀 Bet & Offer: | |
| 🌎 Available States: | IA, IL, LA, MI, NC, NJ, OH, PA, VT, & WY Bet $5 Get $150 in AZ, CO, CT, IN, KS, KY, MA, MD, ME, NY, TN, VA or WV |
| 💲 Minimum Deposit: | $5 |
| ✅ Last Verified: | April 29, 2025 by Mike McDermott |
GAMBLING PROBLEM? CALL 1-800-GAMBLER, CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). 1-800-NEXT-STEP AZ, 1-800-522-4700 KS, NV, 1-800-BETS-OFF IA, Call 1-800-981-0023 – PR Only, 1-800-270-7117 for confidential help MI.
Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply.
And don’t worry! If DraftKings is live in your state but you don’t live in one of the 10 states that are eligible for this promotion (IA, IL, LA, MI, NC, NJ, OH, PA, VT, & WY), you can still take advantage of classic Bet $5 Get $150 Promo.
Our team here at ATS.io has already tested the DraftKings $300 Sign Up Bonus for ourselves, and we’re happy to report that the offer is 100% legitimate. The sportsbook delivered on all of its promises, and we received the bonus bets instantly and without any hassle.
How Does the DraftKings $300 Bonus Work?
Do you have some questions about the $300 welcome offer at DraftKings Sportsbook? Don’t worry, we’re here to help! Here’s a quick breakdown of how the bonus works and everything else you need to know:
- The DraftKings “Get $300 Instantly” New Customer Offer is valid between 6/24/2024 and 7/21/2024.
- The bonus amount awarded will depend on the size of your initial wager: a minimum bet of $5 unlocks a $150 bonus, a minimum bet of $10+ unlocks a $200 bonus, and a minimum bet of $50+ unlocks the maximum $300 bonus.
- To qualify, you must be physically located in one of the following U.S. states: IA, IL, LA, MI, NC, NJ, OH, PA, VT, or WY.
- You must be at least 21 years or older and a new customer of DraftKings Sportsbook.
- A minimum deposit of $5 is required.
- Bonus bets are single-use only, non-withdrawable, and expire in 7 days (168 hours).
Bet $5, Get $200 in Bonus Bets Instantly
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: Click To Claim
Bet $5, Get $200 in Bonus Bets Instantly
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: Click To Claim
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Do You Need a DraftKings Promo Code To Get $300 Instantly?
Nope! You currently do not need a specific promo code or bonus code to unlock the DraftKings $300 New Customer Offer.
Instead, you’ll just need to click or tap on the links we’ve provided throughout this article to register for an account, make your first deposit, and unlock the offer automatically. This seamless process ensures that you can take advantage of the promotion without any extra steps or complications.
Is There a DraftKings Bet $5 Get $300 New Customer Offer?
Yes…well, almost! DraftKings is offering a generous sportsbook promotion for new customers where you can get up to $300 in bonus bets when you place your first wager. The bonus amount you receive will depend on the size of your initial bet:
- Bet $5: Unlocks a $150 bonus
- Bet $10 or more: Unlocks a $200 bonus
- Bet $50 or more: Unlocks the maximum $300 bonus
As a result, it’s better described as a “Bet $50 Get $300” promotion since you’ll need to place an initial wager of $50 or more to unlock the full $300 bonus. This structured bonus system allows you to choose the level of bonus you want based on how much you’re comfortable betting initially.
How To Get Up to $300 Instantly at DraftKings Sportsbook
Time needed: 5 minutes
Are you ready to sign up and claim $300 in bonus bets instantly at DraftKings? Just follow the steps outlined below!
- Visit the Website
First, click or tap here to visit DraftKings Sportsbook on your smartphone, tablet, or another preferred device.
- Create an Account
Once you reach the website, tap the orange “Sign Up” button to begin creating your DraftKings account. You’ll just need to provide some basic information about yourself (name, email address, date of birth, etc.) and complete the quick identity verification process by following the on-screen instructions provided.
- Make Your First Deposit
After you’ve finished signing up and verifying your account, it’s time to make your first deposit. Tap the “Deposit” button in the top right corner of your screen, choose your preferred payment method, and select or enter the amount you’d like to deposit ($5 or more). Then, if everything looks alright, go ahead and confirm the transaction.
- Place a Qualifying Wager
Now, it’s time to place a qualifying wager. Find a betting market that piques your interest, and place a wager of $5+, $10+, or $50+ (depending on your budget and the bonus amount you’d like to unlock).
- Claim Your Bonus
Now, you’re all set! The $150, $200, or $300 bonus will be instantly awarded as soon as your qualifying wager has been placed. Enjoy!
Terms & Conditions for DraftKings $300 New Customer Offer
Before you claim a sign-up bonus at DraftKings or any of the other top betting sites in the United States, it’s always a good idea to carefully read through the offer’s terms and conditions. This way, you’ll know exactly what you’re getting into and can avoid any surprises later on.
To save you some time and a whole lot of reading, we’ve summarized the important Terms & Conditions for the DraftKings $300 welcome offer below!
Eligible States
To qualify for the DraftKings “Get $300 Instantly” promotion, you must be physically located in one of the following U.S. states:
- Iowa
- Illinois
- Louisiana
- Michigan
- North Carolina
- New Jersey
- Ohio
- Pennsylvania
- Vermont
- Wyoming
Qualifying Bets
To qualify for the DraftKings $300 New Customer Offer, your first wager on DraftKings Sportsbook must meet specific criteria. Here’s what you need to know:
- Minimum Wager Requirement:
- Your initial bet must be at least $5 to qualify for any bonus.
- Bonus Tiers:
- The bonus amount you receive depends on the size of your first bet:
- Betting $5 unlocks a $150 bonus.
- Betting $10 or more unlocks a $200 bonus.
- Betting $50 or more unlocks the full $300 bonus.
- The bonus amount you receive depends on the size of your first bet:
- Receiving Bonus Bets:
- Once your qualifying bet has been placed, you will instantly receive your bonus bets.
- Each bonus bet will be valued at $25. For example, a $300 bonus will be paid out as 12 separate $25 bonus bets.
Wagering Requirements
Lastly, it’s crucial to understand the wagering requirements for the DraftKings $300 Sign Up Bonus.
After receiving your bonus bets (valued at $25 each and totaling up to $300 depending on your initial wager size), they must be used within seven days of issuance.
These bonus bets cannot be withdrawn as cash directly but any winnings generated from them can be withdrawn after meeting a 1x wagering requirement.
Best Way To Use Your DraftKings $300 in Bonus Bets
Are you trying to figure out how to make the most of your $300 bonus at DraftKings Sportsbook? Here are some strategies and tips you can use to help set yourself up for success:
- Do Your Research: Before placing your bets, conduct thorough research on teams, players, and recent performance trends. Look at factors like home-field advantage, player injuries, and head-to-head statistics.
- Explore Different Markets: Venture beyond traditional game outcomes and explore prop bets, player performance bets, or alternative betting markets. These markets often offer unique opportunities for leveraging your bonus bets.
- Try Live Betting: Take advantage of DraftKings’ live betting options to place bets during games. Live betting allows you to capitalize on unfolding game dynamics and make bets based on real-time insights and momentum shifts.
- Track Your Performance: Keep track of your betting performance and outcomes. Analyzing your wins and losses helps you identify successful strategies and areas for improvement, ultimately refining your approach for future bets.
- Take Advantage of Other Promotions: Keep an eye out for additional promotions and offers on DraftKings Sportsbook. These promotions (odds boosts, no-sweat bets, Bet & Get offers, etc.) can provide additional value and increase your chances of winning over the long run.
DraftKings “Get $300 Instantly” Promo FAQ
To qualify, you must be a new customer signing up for DraftKings Sportsbook and be physically located in one of the eligible U.S. states. Your first wager on DraftKings Sportsbook must meet specific minimum requirements ($5 minimum for any bonus, higher amounts for larger bonuses).
Eligible states include Iowa, Illinois, Louisiana, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Vermont, and Wyoming.
No, the bonus bets themselves cannot be withdrawn as cash. However, any winnings generated from the bonus bets can be withdrawn after meeting the 1x wagering requirement.
