DraftKings Bet $5 To Win $200 Promotion
The NBA starts on October 19, and Draftkings is offering all new users a 40-1 bonus option! That means you bet $5 and you win $200!
Bet $5 Get $200 Details
The NBA is starting back up for the 2021-2022 season and Draftkings sportsbook is offering a excellent new user sign up promo to get a 40-1 on your money. New users can bet $5 on any NBA game between 10/18 –11/7 and get $200 in free bets. Yes it is as simple as it seems!
New users just have to deposit $5, place a money line wager of $5 on any of the NBA team if they win you will receive $200 bonus once the wager settles.
If it sounds too simple, you have to understand that these offers from DK are, and have always been, ways to encourage users to sign up and get a good head start with their bankrolls. These are supposed to be attainable. They are supposed to have a high likelihood of coming through.
In other words, there aren’t any strings attached, at least not any that you wouldn’t expect to see. Just the usual stuff from a sportsbook offer for new users.
Bet 5 Win 200 Rules
Bet $5, Get $500 in Free Bets After Betting a NBA Team On The Money Line
- Promotional period from 10/18/2021 8:00 a.m. EST and 11/07 11:59 p.m. EST
- Promotion games include all NBA games played between 10/19/21 – 11/07/21
- First time DraftKings Sportsbook customers only
- Make a deposit of $5+ into your Sportsbook account
- Following deposit, place a bet of at least $5 on a money line wager on any NBA game
- If your team wins, you will be issued a $200 free bet bonus, in addition to cash winnings from the wager, once your original $5+ bet settles
- Bet must be placed prior to the start of your selected game
- Bonus paid as eight (8) $25 Free Bets
- Free Bets valid for 7 days. Failure to use the Free Bets will void the award
- Free Bet amount is not included in any returns or winnings
- Free Bet also not redeemable for cash, non-transferable, and non-refundable
- One qualifying bet per user
- Excludes odds boosts, live bets, parlays, free bets, cash out bets, and voided bets
- Must be located in AZ, CO, CT, IA, IL, IN, MI, NJ, PA, TN, VA, WY or WV
Other Bet 1 Win 100 Promos
BetMGM Bet 10 To Win 200
- 20-1 On NFL Team Scores a TD
- 1000 Risk Free First Bet
- $10 Free Bets Weekly
- CFB Parlay Boost Token
Here’s how DraftKings Bet 1 to Win 100 works:
-This is an offer for FIRST-TIME depositors only; you must deposit at least $5 in your account
-Bet $1 on the event.
-This is only on a PREGAME spread, total or money line wager, you cannot participate in this promotion with a live bet, a free bet, or a parlay
-The DK Dollars have a one-time wager rollover requirement before you can deposit
-Only one qualified bet is available per user
This promotion is valid for users in New Jersey, Iowa, Illinois, Virginia, Michigan, Colorado, Indiana, and West Virginia, so if you do not have a DraftKings Sportsbook account in any of those eight states, now is the time to get one.
This is an awesome opportunity to get a boosted bonus offer to get all set up at DraftKings Sportsbook. Keep in mind, it won’t be long until the NFL and college football seasons are here and you’ll want to be ready to go from Day One.
Be ready with an extra $100 in DK Dollars. There is an expiration date for those, so you won’t be able to store them until football season, but you’ll get some free MLB, UFC, golf, NASCAR, soccer, or NBA bets out of it over the next week.
Legal: If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).
Gambling problem? Call 1-800-GAMBLER (NJ/WV/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA), or TN REDLINE: 800-889-9789 (TN).
21+. CO/IL/IN/IA/MI/NJ/TN/VA/WV only. Min. first time $5 deposit. Min. $1 wager. One (1) per customer. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions.
What Is The Bet $1, Win $100 DraftKings Sportsbook Promo Offer?
DraftKings Sportsbook regularly runs new user promos in which first-time depositors can Bet $1 to Win $100 with a single-use Odds Boost found in the Sportsbook Promos section.
This promotion is the perfect complement to a sign-up bonus at DraftKings Sportsbook worth up to $100. Sometimes the +10000 odds are going to come in the form of a UFC fight or an NFL money line. Other times, they will be on an NBA game or a MLB game. It all depends on the season and what is currently happening.
These aren’t going to be giveaways in which you can win free money. You’ll have to work for it and put some thought into it, but odds boosts like what DraftKings has to offer can really help your bottom line in a big way.
Imagine taking a -300 favorite and getting +10000 instead. Or a -150 favorite and getting +10000. You may not win, but you’re going to get tremendous value and it is a bet that you would be willing to make every single day.
Remember, these are new user offers, so if you have an existing DraftKings Sportsbook account, you are not eligible. If you don’t, check back often on this page to see the current offer and see if it winds up being a great time for you to sign up.
DraftKings Sportsbook seemingly went from 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 $1, Win $100 offers from DraftKings Sportsbook are 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 several states, but the Bet $1, Win $100 promotions are limited to Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, and West Virginia.
Keep an eye on this page to see the most recent Bet $1, Win $100 promotions at DraftKings and sign up when the time is right with one of the best US sportsbooks.