DraftKings Promo Code – $200 New User Bonus In November

Join the excitement at DraftKings Sportsbook, a premier destination for online sports betting in the US! With its cutting-edge app and user-friendly interface, DraftKings offers an exhilarating betting experience like no other. As a new user, you can kickstart your journey with a massive $200 first-time bonus when you sign up and make a deposit through our website or mobile app (available on iOS and Android). Whether you’re just starting out or you’re a seasoned pro, DraftKings has a host of features and promotions to elevate your sports betting action. Dive in to discover the latest promotions for new users and exciting monthly bonuses waiting for you!

November DraftKings Promo Code

If you are new to DraftKings Sportsbook, you have the opportunity to place a wager of $5 or more on any market with your cash balance. Upon doing so, you will receive $200 in Bonus Bets immediately after your wager is placed. For a complete understanding of eligibility requirements and offer details, please refer to the Terms and Conditions. This offer is available solely to first-time customers of DraftKings Sportsbook.

DraftKings Promo Code Quick Details

How do I claim the $200 promo code on DraftKings?

To receive a $200 bonus on DraftKings, make a minimum deposit of $5 and place a $5 bet on any sports event. Once you place your qualifying wager, DraftKings will credit your account with $200 in bonus bets, divided into eight single-use $25 bets. These bonus bets must be used within 7 days.

How does the $200 promo work on DraftKings?

When you place a qualifying wager on DraftKings, you’ll receive $200 in bonus bets, split into eight $25 bonus bets, regardless of whether your initial bet wins or loses. Once your qualifying bet is settled, any cash winnings from it will be credited to your account. This offer is limited to one per customer.

The $200 in bonus bets will be credited to your account about 72 hours after your first bet is settled, distributed as eight $25 bonus bets. These bonus bets are not withdrawable and must be used within seven days (168 hours) of activation.

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 bonus 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.

Does DraftKings have a new user casino promo?

To get a new user bonus on DraftKings Casino, sign up and play $5 to receive $50 in casino credits instantly. This offer is valid for one customer per account. You must opt-in within seven days of signing up. Make a first-time deposit of $5 or more, then place a wager of at least $5 to unlock the $50 in casino credit.

How does the DraftKings Promo compare with other sportsbooks?

Comparison	DraftKings	FanDuel	Bet365	Fanatics
New User Bonus	Bet $5 Get $200 Instantly	Bet $5 Win $150	Bet $5 Get $200 In Bonus Bets	No sweat bet between $5-$100 during first 10 days
Promo Code	Click To Claim	Click To Claim	ATSBONUS	Click To Claim
Bonus Type	Bet & Get	Bet & Win	Bet & Get	Bet Match
Redemption Period	7 Days	7 Days	7 Days	7 Days
Min Deposit	$5	$10	$10	$5
ATS Rating	4.7/5.0	5.0/5.0	4.8/5.0	4.2/5.0
States Available	AZ, CO, CT, DC, IN, IA, IL, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV or WY	AZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY	AZ, CO, IA, IN, KY, LA, NC, NJ, OH, PA, VA	AZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VA, VT, WV, & WY

Other on going promotions to know about

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, 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 extra 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:

DraftKings Promo Code FAQ