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Claiming a sportsbook bonus helps your initial bankroll go a whole lot further, so it’s something we’re always interested in here at PromoGuy! And today we’re checking out the exciting DraftKings deposit bonus offer for new sign-ups.
If you need to use a DraftKings sportsbook promo code to claim the offer, we’ll tell you all about it. We’ll also explain the reasoning behind bonus offers and why they matter. And of course, we’ll tell you all about the wagering requirements and time limits of the offer too, so you’ll know exactly what to expect.
Payment Provider | Deposit time | Withdrawal time | Safety | Approval rate |
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instant | 1 - 2 days | very high | High | |
instant | 1 - 3 days | high | ||
instant | 2 - 5 days | high | ||
instant | high | |||
instant | 1 - 3 days | very high | ||
instant | 1 - 3 days | high | ||
instant | 1 - 3 days | high | ||
instant | 1 - 2 days | high | ||
instant | 1 - 3 days | some | ||
Cash | instant | instant | low risk | |
instant | 1 - 3 days | very high | ||
instant | high |
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.
DraftKings has launched a fantastic March Madness bonus offer for all new players. The Promotion is valid from March 1 at 12:00:00 AM Eastern Time (ET) to March 24 at 11:59:59 PM Eastern Time (ET). You Must be physically located in CT, MI, NJ, PA, WV, or CA-ONT to be eligible. Customers must opt-in within 7 days (168 hours) of registering a new account.
You Must deposit a minimum of $5 within 7 days (168 hours) of opting in to earn a 100% deposit match bonus, up to $100 in Casino Credits eligible on select DraftKings Casino games. Casino Credits are single-use, have no cash value, are not withdrawable, must be wagered 1x before any resulting cash winnings can be withdrawn, and expire 7 days (168 hours) after being awarded.
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 a 20% deposit match which could be worth as much as $1,000 for some lucky 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.
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:
State: | Bonus Offer:Bonus Code: | Get Bonus: |
---|---|---|
Washington, D.C. |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings DC |
Iowa |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings IA |
Kansas |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings KS |
Kentucky |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings KY |
Louisiana |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings LA |
Maryland |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings MD |
Michigan |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings MI |
New Jersey |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings NJ |
New York |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings NY |
Tennessee |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings TN |
Virginia |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings VA |
Vermont |
Bet $5, Get $150 If Your Bet Wins
Go to DraftKings
|
Join DraftKings VT |
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.
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.
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.
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.
Three months is a long time to keep track of your progress with the DraftKings bonus, but luckily 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.
There’s a great deal of luck involved in online sports betting, but we do everything we can to encourage 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.
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.
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.
No, the introductory bonus offer at DraftKings is only available when making your first deposit on the site.
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.
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.
No, the bonus may only be used by the player who activates it by depositing $5 or more into their new DraftKings account.
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. Earn Crowns as you wager, which can be exchanged for bonus bets, holidays, travel, entertainment, and much more at the onsite store.
Sign up as a brand new member of DraftKings and you’ll be in line for an extremely generous 20% match against your very first deposit into your new member account. There’s up to $1,000 available for those depositing $5,000 or more, but even if you don’t have quite that amount available, you’ll still benefit from some site credit to fund even more sporting wagers across the site.
One thing you don’t have to bother about when claiming the DraftKings sportsbook bonus, is remembering any bonus codes or checking any opt-in boxes. As long as your initial deposit is for $5 or more, you’ll automatically activate the bonus award, giving you a 20% match against the amount of your deposit.
For the next 90 days, every $25 wagered on the DraftKings site releases $1 of the site credit into your account. Your aim is to convert as much of your bonus into cash as possible before your 90 days are up and the remaining bonus funds are withdrawn.
It’s impossible to access your DraftKings sportsbook bonus funds without fulfilling the site’s wagering requirements. So you’ll need to keep wagering if you want to convert your site credit into withdrawable cash. Wager $25 to release $1 of your bonus, which is then transferred to your account to be used for bets, or to be withdrawn, according to your preference.
Since this is a 20% deposit match offer, there’s the temptation to deposit more than you can afford, simply to trigger a bigger bonus. But you should always deposit and wager within your means if you want the best outcomes.
Take time over your wagering too. Don’t rush to fulfill the wagering requirements, simply in order to release site credit. Set betting limits and stick to them, even if that means forfeiting some of your bonus rewards.
The DraftKings sportsbook bonus is a little different from other sportsbook offers we’ve seen. It comes as a 20% deposit match, rather than the full 100%, and it needs to be converted into withdrawable cash by wagering across the site. Used wisely, the bonus can give you plenty of extra bang for your buck, so it’s a bonus we’re more than happy to recommend to our readers.
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 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.
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.
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.
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.
It's an average site
it's good, although it's a shame that one bonus is better than the other :(
i like that there's a bonus for the sports side and for the casino side. Also love the loyalty club
This bonus worked excellently for me, but I bet quite frequently and would consider myself experienced. I'm not sure if I would recommend it to any friends who are new to sports betting, but it definitely did the job for me. If you think you got game - go for it!
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.