Why do operators offer bonuses?
Take a look at any online sportsbook and it seems as though they’re lining up to give away free money. So what’s going on? Have the operators taken leave of their senses? Or are they all incredibly generous?
The truth is, with so much competition from other online operators, every sportsbook is desperately hoping that you’ll pick them to sign up to, rather than any other mobile betting site.
Get the DraftKings Welcome Offer!
DraftKings has launched a fantastic welcome offer for all new players that could give you $200 in bonus bets. For this bonus, you must deposit a minimum of $5, make a first-time $5+ bet, and get a $200 bonus, issued as eight $25 Bonus Bets that are single-use. You also cannot withdraw them; they must be wagered 1x before any resulting cash reward can be withdrawn. This welcome bonus must be used within seven days after it is awarded.
To qualify for this offer, you must be located in one of the following states: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, or WY. This promotion is available until
02/09/25 at 11:59 PM Eastern Time (ET). Please note that stake will be removed from the payout. Terms:
sportsbook.draftkings.com/promos.
What better way of bringing in new members than by offering a
DraftKings bonus bet and deposit match bonus offers? Every operator hopes to stand out from the crowd with the generosity of its offering, in the hope that you’ll stick around and keep wagering, long after the introductory bonus is just a distant memory.
The DraftKings deposit bonus for new sign-ups is exceptionally generous. The site will give you an exciting deposit bonus which could be worth as much as $200 for sports betting fans. And we’re here to explain whether you need to input a
DraftKings sportsbook promo code
to claim the offer, as well as guide you through the terms of the bonus, so you can make the most of the opportunities it gives you.
20% up to $1000
T&Cs and 21+ apply
Get Bonus
Bet $5 and Get $150 in Bonus Bets Instantly!
T&Cs and 21+ apply
Get Bonus
20% up to $500
+ free $3 ticket
18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.
Get Bonus
Is DraftKings available in your state?
Go through our table below to know if DraftKings is available in your state, and check for your state-exclusive promo code in order to start taking advantage of their welcome offer today:
How to use the DraftKings deposit bonus
Right now, there’s no need to input a DraftKings sportsbook promo code to claim the offer, so that’s one less thing to worry about. So all you need to do is check over the sportsbook site to make sure it’s a good fit for you, then start the sign-up process. You’ll need to input a few personal details, including your name, address, email, and cell number, as well as the last four digits of your Social Security number.
Once your account has been verified, you’re ready to make your first deposit, which will automatically trigger the DraftKings deposit bonus award. You’ll need to deposit at least $5, and DraftKings will give you a 20% deposit match in the form of site credits to help boost the power of your bankroll. Wager on any sporting events at odds/lines of -300 or longer to unlock the bonus funds, which will be released at a rate of $1 in site credits for every $25 wagered across the site. You’ll have 90 days in which to unlock as much of the bonus as you can before any remaining bonus funds are withdrawn from your account.
20% up to $1000
T&Cs and 21+ apply
Get Bonus
Bet $5 and Get $150 in Bonus Bets Instantly!
T&Cs and 21+ apply
Get Bonus
20% up to $500
+ free $3 ticket
18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.
Get Bonus
Top 5 expert tips to take advantage of the DraftKings deposit bonus
Here at PromoGuy, we’re not just here to tell you about the bonus offers and let you know whether you need a DraftKings sportsbook promo code. We want you to have a great experience as you wager on your favorite sports, so we’ve put together five top tips to help achieve that aim.
Make sure that DraftKings is the right sportsbook for you
It’s impossible for any one sportsbook to be all things to all people, so make sure that you like the look and feel of DraftKings before signing up. Browse through a few pages to check out the overall site design – after all, there’s more to a sportsbook than its introductory bonus, which is soon over and done with. So no matter how tempting you find the DraftKings deposit bonus offer, be sure to establish that it’s a sportsbook you’ll enjoy revisiting.
Check for upcoming fixtures over the next three months
Once you’ve activated the DraftKings introductory bonus, you’ll have 90 days in which to fulfill the wagering requirements and unlock as much of the bonus as possible. You’ll be receiving back $1 in site credit for every $25 wagered, so you’ll need to keep up with your betting to maximize your bonus award. Make sure there are plenty of sporting events lined up that enable you to take full advantage of the bonus.
Keep track of your wagering
Three months is a long time to keep track of your progress with the DraftKings bonus, but that’s something that the sportsbook has covered. Head to the
sportsbook promotions
page of the DraftKings mobile betting site and look for the section marked ‘Track your deposit bonus’. Click on the link to see the current status of your bonus, so you can see how far you still have to go to release it all.
Refine your betting strategy
There’s a great deal involved in online sports betting, but we do everything we can for better than average returns. DraftKings has some useful advice on getting started with betting, for those with no previous experience. But if you want to develop and refine a betting strategy that’s been designed to deliver consistent sports betting profits, we can help you with that right here at PromoGuy.
5 Read the full terms and conditions of the DraftKings bonus
Although we constantly review our information to ensure it’s up to date and relevant, that doesn’t prevent operators from changing their terms – and even their offers – whenever they choose. So before signing up for the DraftKings promotional offer, we urge you to double-check that nothing has changed by reading through the terms and conditions. And if there’s anything at all you’re not sure about, reach out to DraftKings customer support who will be happy to explain.
FAQs about the DraftKings deposit bonus
Is there a DraftKings sportsbook promo code?
No, you don’t need to input any codes to claim the DraftKings deposit match bonus offer. Just deposit at least $5 after opening your account with the sportsbook to activate the bonus.
Can I claim the DraftKings promo if I’m already a member?
No, the introductory bonus offer at DraftKings is only available when making your first deposit on the site.
Can I withdraw my DraftKings site credit?
No, you can only release site credit by wagering your own money across the DraftKings site at the rate of $1 for every $25 wagered.
How long do I have to use my site credit?
Site credit that haven’t been converted into cash will be withdrawn from your account 90 days after they were awarded to you. You can find more information on the
DraftKings withdrawal time
here. Conditions may vary between bonuses.
Can I transfer my bonus to another DraftKings member?
No, the bonus may only be used by the player who activates it by depositing $5 or more into their new DraftKings account.
Fantastic promotions and rewards at DraftKings
The fun certainly doesn’t end with the DraftKings welcome bonus, as you’ll see with a quick glance at the site’s Promotions page. Aside from regular bet boosts and promotions on current and upcoming sporting events, DraftKings also signs up all its members to its exciting Dynasty Rewards program. Get Crowns as you wager, which can be exchanged for bonus bets, holidays, travel, entertainment, and much more at the onsite store.
Our verdict on the DraftKings deposit bonus offer
There’s up to $1000 up for grabs at DraftKings sportsbook, and who wouldn’t want to claim an offer like that? It comes in as a 20% deposit match offer though, so keep in mind that you’ll need to deposit $5000 to claim the full amount. It’s triggered from paying in just $5, making it accessible to all sports betting fans, and with 90 days in which to convert your bonus into withdrawable cash, this is an offer that seems hard to resist. Definitely one for your shortlist, in our opinion!
DraftKings is available in these states right now!
DraftKings sportsbook is widely available across the US, as it’s such a well-known and respected brand. Right now it’s available in the following states, where new members can all help themselves to the deposit match bonus offer, which could be worth as much as $1,000 for some sports betting enthusiasts.
More states are considering their options when it comes to online sports betting, so bookmark this page and keep checking back to find out which states have been added to the list: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
DraftKings sportsbook promo code FAQ
👀 Is there a DraftKings bonus code?
Some online sportsbooks require you to input a promo code when you sign up, to activate a bonus offer. Come and check out what’s needed to get started at DraftKings, and we’ll explain everything you need to know. From wagering requirements and time frames to promo codes and much more, we’ve got all the information you need, right here at PromoGuy.us. Come and take a look.
☝ Is the DraftKings deposit bonus legit?
If you’re considering your sportsbook options, you need to come and check out our sportsbook and casino bonus reviews right now. We’ve got the complete lowdown on the DraftKings promotional offer, so we can tell you whether it’s safe and legitimate. We’ve got operator reviews and bonus comparisons to help you take your wagering to the next level, so be sure to check this out.
💰 What’s on offer from the DraftKings deposit bonus?
Claim an introductory bonus offer and your initial deposit at an online betting site will go a whole lot further! Here at PromoGuy, we’ve got the full details of all the sportsbook and casino offers, including what’s available at DraftKings. Come and compare it against other offers to pick out the ones that are right for you. You really need to see this.
Bet $5 and Get $150 in Bonus Bets Instantly!
