Looking for the best DraftKings promo and bonus codes? Claim $250 in bonus bets on DraftKings Sportsbook. By Henry Palattella , Tyler Maher Contributor , Editor

Expert Reviewed

Brian Pempus Editor Published: Sep 4, 2024, 2:00pm - DraftKings Promo Code Summary

• Best DraftKings Promo Codes
• Our Verdict
• How to Claim DraftKings Promo Codes
• Who is DraftKings’ Welcome Offer For / Eligibility Requirements
• DraftKings Deposit Methods
• How to Bet on DraftKings
• What Sports Can You Bet on at DraftKings?
• What We Like and Don’t Like at DraftKings
• What To Look For in a Sports Betting Bonus
• How We Evaluate Betting Promotions
• Responsible Gambling
• Frequently Asked Questions (FAQs)

{{ tocState.toggleTocShowMore ? ‘Show more’ : ‘Show less’ }}| Category | Description | |—|—| | Offer | Bet $5+, get $250 in bonus bets + 1 month of NFL+ Premium subscription | | Promo Code | N/A | | Requirements | New users only, 21+ and in eligible state | | Eligible Bet Types | All bet types | | Availability | AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, NH, OH, OR, PA, TN, VA, VT, WY, WV | | Offer Expires | Sept. 19, 2024 at 11:59 p.m. ET | | Apple Store Score | 4.8/5 | | Google Play Store Score | 4.6/5 | | Bet now | 21+ Gambling Problem? Call 1-800-GAMBLER | | Date Verified | Sept. 4, 2024 |

DraftKings Bonus Code for New Customers

Currently, the best offer from DraftKings for people who have never signed up and deposited on the platform includes $250 in bonus bets.

To claim the offer, new users must create an account with DraftKings, deposit at least $5 and place a $5+ wager on any sport.

No matter how your wager turns out, you’ll instantly receive the bonus bets in the form bonus bets.

No DraftKings promo code is required for this offer if you sign up through a banner on this page.

DraftKings Bonus Code Terms & Conditions

• First-time DraftKings Sportsbook customers only
• Make a deposit of $5+ into your DraftKings account
• Bet $5+ on any sport
• Instantly receive $250 in bonus bets (10 $25 bonus bets)
• Your first placed real-money wager will be your qualifying wager
• Bonus bet amount is not included in any returns or winnings
• Bonus bet not redeemable for cash, non-transferable and non-refundable
• Bonus bet cannot be used as qualifying wager
• Bonus bets are valid for seven (7) days
• One (1) qualifying wager per customer
• All paid wagers qualify
• Offer valid through 11:59 p.m. ET on Sept. 19, 2024

DraftKings’ bonus is available to new customers in every state where DraftKings is operational.

DraftKings Bonus Codes for Existing Users

Currently, there are no DraftKings Sportsbook promo codes for existing users who have already registered, deposited and played on the platform.

Still, the sportsbook has perks for existing customers. Existing users who refer a friend are eligible for a bonus bet up to $100. Additionally, there are usually daily profit boosts for existing users.

DraftKings also offers customers perks such as parlay insurance and bad beat refunds.

Currently, the best offer from DraftKings for people who have never signed up and deposited on the platform includes $250 in bonus bets.

To claim the offer, new users must create an account with DraftKings, deposit at least $5 and place a $5+ wager on any sport.

No matter how your wager turns out, you’ll instantly receive the bonus bets in the form bonus bets.

No DraftKings promo code is required for this offer if you sign up through a banner on this page.

DraftKings Bonus Code Terms & Conditions

• First-time DraftKings Sportsbook customers only
• Make a deposit of $5+ into your DraftKings account
• Bet $5+ on any sport
• Instantly receive $250 in bonus bets (10 $25 bonus bets)
• Your first placed real-money wager will be your qualifying wager
• Bonus bet amount is not included in any returns or winnings
• Bonus bet not redeemable for cash, non-transferable and non-refundable
• Bonus bet cannot be used as qualifying wager
• Bonus bets are valid for seven (7) days
• One (1) qualifying wager per customer
• All paid wagers qualify
• Offer valid through 11:59 p.m. ET on Sept. 19, 2024

DraftKings’ bonus is available to new customers in every state where DraftKings is operational.

DraftKings Bonus Codes for Existing Users

Currently, there are no DraftKings Sportsbook promo codes for existing users who have already registered, deposited and played on the platform.

Still, the sportsbook has perks for existing customers. Existing users who refer a friend are eligible for a bonus bet up to $100. Additionally, there are usually daily profit boosts for existing users.

DraftKings also offers customers perks such as parlay insurance and bad beat refunds.

Simply put, DraftKings is one of the best sportsbooks out there, starting with its generous welcome offer.

Wagering just $5 after you sign up unlocks 10 $25 bonus bets, giving you plenty of leeway to explore the sportsbook and try different betting options like prop bets and parlays. If you play your cards right, you can turn that initial $5 wager into hundreds of dollars in winnings with your bonus bets.

Beyond that, DraftKings’ app is easy to use and includes some of the most extensive market depth around. If you’re looking for a bet, there’s a good chance DraftKings has it.

Throw in their rewards program and frequent promotions, and DraftKings is easily one of our favorite sportsbooks.

To claim the new user offer:

• Download the DraftKings Sportsbook app through a banner on this page
• Register with your name and other required personal information
• Deposit at least $5 with an approved payment option such as credit/debit card, PayPal, Bank transfer, Venmo, Apple Pay or ACH Transfer
• Bet $5+ on any sport live on the DraftKings platform
• Receive your bonus bets guaranteed

DraftKings’ welcome offer is for new customers only. If you have already set up an account with DraftKings and claimed one of its welcome offers in the past (even if it was a different offer), you aren’t eligible for this one.

You also must be of legal betting age (typically 21+) and physically located in a state where a) sports betting is legal, and b) DraftKings is operational. See below for the states where DraftKings is accessible:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky (18+)
• Louisiana
• Massachusetts
• Maryland
• Maine
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Ohio
• Oregon
• Pennsylvania
• Tennessee
• Vermont
• Virginia
• Washington D.C.
• West Virginia
• Wyoming (18+

If you’re not located in one of those states, are below the legal betting age or have already signed up for DraftKings before, you aren’t eligible for this promotion.

There are several ways you can deposit money into your DraftKings account, all of which are safe, quick and convenient.

• Online Banking
• Credit/Debit Card
• Gift Card
• ACH Bank Transfer
• Apple Pay
• PayPal
• Venmo
• Play+ Prepaid Card
• Cash
• VIP Preferred E-Check
• Wire Transfer

Betting on DraftKings Sportsbook is simple.

In the app, find the sport you wish to wager on through the homepage and select the game. What is called a bet slip will appear.

In the wager box, enter the amount of money you wish to bet. Then click submit.

One of the most popular forms of betting on DraftKings is the parlay. This form of betting gives low-stakes bettors a chance to risk a small sum to potentially score a large payout. However, parlays have a low chance of winning compared to a straight bet, such as a wager on the moneyline, spread, over/under or a game/player prop.

We recommend straight bets because you are less likely to lose money.

DraftKings has a wide selection of sports you can wager on, including the following:

• Aussie Rules
• Badminton
• Baseball
• Basketball
• Beach Volleyball
• Boxing
• Canoeing
• Climbing
• Cornhole
• Cricket
• Cycling
• Darts
• Diving
• E-Sports
• Equestrian
• Fencing
• Field Hockey
• Football
• Golf
• Gymnastics
• Handball
• Hockey
• Lacrosse
• MMA
• Motorsport
• Olympics
• Rowing
• Rugby League
• Rugby Union
• Sailing
• Shooting
• Snooker
• Soccer
• Surfing
• Swimming
• Table Tennis
• Tennis
• Track & Field
• Volleyball
• Water Polo
• Weightlifting
• Wrestling

DraftKings is a great sportsbook with lots of pros, but we’ve found a few cons as well. Here are some of the things we like and don’t like about it.

Pros

• Great market depth, especially prop bets
• Generous welcome offer
• User-friendly app
• Frequent promotions
• Good selection of deposit and withdrawal options
• Rewards program

Cons

• Betting options can be overwhelming
• App isn’t as clean as FanDuel‘s

Here are some criteria to keep in mind when considering a sportsbook promotion.

• Bonus Type: Most new-user bonuses either give you bonus bets for placing a small wager or refund your first bet if it loses. DraftKings’ offer is the first kind.
• Eligibility: Many promotions are only for new customers who haven’t signed up for that sportsbook before, often coming with age and state requirements as well. DraftKings’ offer is only for new customers of legal gambling age in states where DraftKings is operational.
• Wagering Requirements: To qualify for a promotion, your wager may need to be a certain amount or over a certain odds threshold. DraftKings only requires that your first wager be in cash (not a bonus bet).
• Minimum Odds: A qualifying bet may have minimum odds to prevent customers from backing heavy favorites (i.e., -200 or longer). DraftKings’ offer does not have a minimum odds requirement.
• Validity Period: The amount of time that a bonus is valid for. The bonus bets for DraftKings’ offer are valid for seven days, after which they expire and will be removed from your account.
• Maximum Win/Bonus Cap: Some bonuses limit the amount of money you can win with them to protect sportsbooks from losing too much money. DraftKings’ offer does not have a maximum win amount on its welcome offer.
• Bet Type Restrictions: Some promotions only allow certain bet types to be eligible for a promotion or prevent you from using your bonus on certain betting markets. DraftKings does not have any restrictions like this on its welcome offer.

While we don’t have a formal rating for sports betting promotional offers, we only write about consumer-friendly signup offers regarding the following criteria.

• Size of offer: Sports betting signup bonuses range from $100 to $1,500. The size is important, but it depends on the type of the offer. Regardless of size, a sports betting signup offer can give you some cushion for your first betting experience. Remember, these offers are one-time deals.
• Offer format: Most sportsbooks offer a so-called “bet & get” offer, where if you make a wager, you will receive so-called bonus bets. These wagers are in the form of site credit. Sometimes, your bet must win to claim the site credit. Other sportsbooks will offer a so-called free bet where you can get a refund in the form of site credit if your first wager loses. Both have their advantages.
• Time to receive site credit: It’s better if you receive your site credit immediately rather than having to wait 2-3 days. This can be relevant to your betting experience. However, all sportsbooks issue site credits in a timely manner.
• Odds requirement: It’s always better if the promotion doesn’t stipulate a minimum or maximum odds for your qualifying wager.

Some sportsbook signup offers are slightly better than others, but you can claim one new user offer at each sportsbook. You should claim each site’s offer if you want to try out multiple sports betting sites.

Photo by Matt Stone/Boston Herald via Getty Images

Make sure to always bet responsibly. Set and stick to a budget, and never bet more than you can afford to lose. Bet for fun on sports you know and don’t chase your losses.

You must be of a legal sports betting age and physically present in a legal sports betting state to wager.

If you feel that you may have a gambling problem or addiction, help and resources are available. You can seek help for you or someone you know by calling 1-800-GAMBLER.

How do I get free money on DraftKings?

You can get “free money” on DraftKings Sportsbook through the platform’s welcome promotion, which requires a $5 deposit and placing a $5 bet on any sporting event.

Regardless of how your wager turns out, you’ll receive $250 in site credit that can’t be withdrawn from your account. You can withdraw any winnings derived from the site credit into your bank account or digital wallet.

The promotion is only available to new customers and through DraftKings’ mobile application on iOS and Android.

What states is DraftKings legal in?

DraftKings is legal in more than 20 legal sports betting states and jurisdictions:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky (18+)
• Louisiana
• Massachusetts
• Maryland
• Maine
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Ohio
• Oregon
• Pennsylvania
• Tennessee
• Vermont
• Virginia
• Washington D.C.
• West Virginia
• Wyoming (18+)

How old do you have to be to use DraftKings?

The legal sports betting age varies by state, but it’s either 18 or 21 in most states. Check your state’s law to make sure you’re old enough to join DraftKings, as you won’t be allowed to sign up if you’re below the legal betting age in your state.

Is DraftKings legit?

Yes, DraftKings is legit. It’s one of the most popular sportsbooks in the country with millions of customers in numerous states.

Does DraftKings have an app?

Yes, DraftKings has a mobile app. You can download it to your mobile device through the Apple Store or Google Play Store.

DraftKings’ app is considered one of the best in the industry, as it’s easy to navigate and find the bets you’re looking for.

What is the DraftKings promo code?

DraftKings doesn’t have a promo code. Simply sign up for the app, make a deposit and bet at least $5 to claim your bonus.

What do you get with the DraftKings promo code?

You get $250 in bonus bets, which come in the form of 10 $25 bonus bets. This is site credit that you can use to bet on any markets you want at DraftKings.

How long do DraftKings bonus funds take to arrive?

Your DraftKings bonus bets will arrive instantly as soon as you place your first $5+ qualifying wager after signing up. This allows you to start using your bonus bets immediately.

How does the DraftKings promo work?

Simply download the DraftKings app, set up an account, deposit at least $5 and then wager $5+ on anything you want. After placing your wager, you’ll immediately receive $250 in bonus bets (10 $25 bonus bets) regardless of how your initial bet turns out.

You can then use your site credit to bet on anything you want at DraftKings.

You can get “free money” on DraftKings Sportsbook through the platform’s welcome promotion, which requires a $5 deposit and placing a $5 bet on any sporting event.

Regardless of how your wager turns out, you’ll receive $250 in site credit that can’t be withdrawn from your account. You can withdraw any winnings derived from the site credit into your bank account or digital wallet.

The promotion is only available to new customers and through DraftKings’ mobile application on iOS and Android.

DraftKings is legal in more than 20 legal sports betting states and jurisdictions:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky (18+)
• Louisiana
• Massachusetts
• Maryland
• Maine
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Ohio
• Oregon
• Pennsylvania
• Tennessee
• Vermont
• Virginia
• Washington D.C.
• West Virginia
• Wyoming (18+)

The legal sports betting age varies by state, but it’s either 18 or 21 in most states. Check your state’s law to make sure you’re old enough to join DraftKings, as you won’t be allowed to sign up if you’re below the legal betting age in your state.

Yes, DraftKings is legit. It’s one of the most popular sportsbooks in the country with millions of customers in numerous states.

Yes, DraftKings has a mobile app. You can download it to your mobile device through the Apple Store or Google Play Store.

DraftKings’ app is considered one of the best in the industry, as it’s easy to navigate and find the bets you’re looking for.

DraftKings doesn’t have a promo code. Simply sign up for the app, make a deposit and bet at least $5 to claim your bonus.

You get $250 in bonus bets, which come in the form of 10 $25 bonus bets. This is site credit that you can use to bet on any markets you want at DraftKings.

Your DraftKings bonus bets will arrive instantly as soon as you place your first $5+ qualifying wager after signing up. This allows you to start using your bonus bets immediately.

Simply download the DraftKings app, set up an account, deposit at least $5 and then wager $5+ on anything you want. After placing your wager, you’ll immediately receive $250 in bonus bets (10 $25 bonus bets) regardless of how your initial bet turns out.

You can then use your site credit to bet on anything you want at DraftKings.

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