DraftKings Bet $1 To Win $100 Promo Updated Information

It is a great time to be a basketball fan and bettor. Conference tournaments and March Madness are rapidly approaching. The NBA season is going right along with the end of the first half and the All-Star Break early in the month of March.

As we like to call it, the Month of Madness is coming soon and everybody is excited about the tournament after COVID-19 robbed us of a lot of basketball fun last spring.

DraftKings Sportsbook wants to celebrate as well. Make a first-time deposit of at least $5 between now and February 28 and you can pick up a really nice party favor from DraftKings.

This promotion is eligible for all college basketball and NBA games between now and the end of the month. Be a first-time depositor at DraftKings Sportsbook and fund your account with at least $5. After your deposit, place a bet of at least $1 on a money line or spread in any college basketball or NBA game. If the team you bet on hits a three-pointer in that game, you will be issued a $100 bonus.

The bet must be placed prior to the game. It doesn’t matter if you win your $1 money line or spread bet. You can put it on a big favorite or gamble on a big underdog. You can play a college hoops game or an NBA matchup. Whatever you do is up to you, but you just need that team to make a three-pointer.

The $100 bonus will be paid in four $25 Free Bets that expire seven days after they are issued.

Checkout The BetMGM Bet 1 for 100 Promo Here

The best part is that this promotion is available across 10 states!

Sign up for DraftKings Sportsbook and fulfill that requirement as a first-time depositor in Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, or West Virginia and you are automatically eligible for the $100 bonus offer.

Remember this is a pregame spread or money line wager. It doesn’t count if you live bet and you cannot use a free bet or a leg of a parlay for this promotion. It must be a straight bet on the spread or money line of at least $1.

This promotion runs through February 28 and this is a great time to get yourself positioned for conference tournaments and March Madness.


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.

Click Here Now to Get Up to a $1000 Deposit Bonus & The Current Bet $1 To Win $100 Promo

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.