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Bet $5, Get $200 Bonus Bets

1. Register for an account with DraftKings.
2. Min deposit $5.
3. Receive bonuses as $25 bonus bets
4. Bonus bets expire after 7 days.
5. Welcome bonus expires on Oct. 13, 2024.

Terms and conditions apply

Your Region united states

Last Verified βœ… Oct. 7, 2024

Offer Expiry ⏰ Oct. 13, 2024

DraftKings Promo Code: Bet $5, Get $200 in Bonus Bets Oct. 2024

One of the best sportsbooks in the nation, DraftKings is tempting prospective U.S. customers with a choice of sign-up bonuses β€” a  promotion, or up to $1,000 in deposit matching. These are easily some of the best sportsbook promos available to new bettors.

Remember: A DraftKings promo code is not necessary to claim the offer.

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.

21+. Gambling can be addictive, please play responsibly

Welcome Offer

Bet $5, Get $200 Bonus Bets

Terms and conditions apply

1. Register for an account with DraftKings.
2. Min deposit $5.
3. Receive bonuses as $25 bonus bets
4. Bonus bets expire after 7 days.
5. Welcome bonus expires on Oct. 13, 2024.

Offer expires at 11:59 PM EST on October 13, 2024

Additional Offer

DraftKings MNF Saints vs. Chiefs Profit Boost 🏈

Terms and conditions apply

Week 5 of NFL action wraps up on DraftKings with a special Profit Boost Bonus for any bet on the Saints vs. Chiefs Monday Nighter on Oct. 7, 2024: 

  • Opt-in and receive a randomly valued Profit Boost token to use on any New Orleans vs. Kansas City wager. Max. betting limits, min. odds, and min. legs restrictions may apply.

Offer expires at 8:15 PM EST on October 7, 2024

Best DraftKings promo code this week

Editor’s note: The offer(s) outlined here are for eligible U.S. customers only.  

DraftKings’  welcome offer for first-time users provides genuinely good value. Here’s the best part: You only need to deposit a minimum of $5, and wager $5 or more, meaning the offer is extremely low-risk. Win or lose, DraftKings will credit your account with $200 in bonus bets. Not bad, from one of the best sportsbooks in the business. 

On top of all that, you don’t need to look for a DraftKings promo code since the offer doesn’t require one. Instead, this promo is applied automatically to everyone who meets the conditions. 

🚨 DraftKings promo code
😊 DraftKings bonus
➑️ DraftKings promo typeBet and Get
πŸ’° Minimum deposit$5
πŸ’΅ Minimum wager$5
🌎 U.S. Legal statesAZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY + DC
🏟️ Eligible bet typesAll bet types
πŸ“± DraftKings mobile appiOS & Android
βœ… Last verifiedOct. 7, 2024
⏰ Offer expiryOct. 13, 2024

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DraftKings promo code: how to qualify

While the DraftKings $200 bonus bets offer doesn't require you to input anything during registration, there are other elements of the bonus to keep in mind. We've laid them out clearly for you here:

DraftKings Promo Code
πŸŽ‚ Legal betting age21 (18+ in KY and MI)
πŸ’° Bonus eligibilityNew customers only
❌ Bonus restrictionsOne welcome bonus per user
🚫 Betting restrictionsWithin legal state lines only
πŸ“† Bonus expiry dateOct. 13, 2024

Here's a short step-by-step guide to collect the DraftKings bonus:

  • Begin by .
  • You must deposit at least $5 and wager at least $5 on any sports market.
  • Win or lose, you'll be credited with $200 in bonus bets.
  • The bonus bets arrive as multiple $25 bonus bets.
  • Bonus bets are not redeemable for cash.
  • Bonus bets will be paid out within 72 hours of your first bet, but often come almost instantly.
  • If you do not use the bonus bets within seven days, they will expire.
  • The bonus is available until Oct. 13, 2024, at 11:59 p.m. ET.
Bet $5, Get $200 Bonus Bets

Terms and conditions apply.

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+. Gambling can be addictive, please play responsibly

How to enter promo code on DraftKings

A DraftKings promo code isn't necessary to claim any of the sportsbook’s offers. However, you’ll still need to be in one of the legal online sports betting markets where DK is licensed and open for business.

Regardless of which one you’re in, you’ll be asked to confirm your location β€” if you’re on a desktop, you may be prompted to download a plug-in specific to the sportsbook. If you're using the mobile app, ensure location services are enabled. Then, you can register and make an initial deposit and bet to qualify for the $200 in bonus bets welcome offer.

To summarize:

1. Register:  to start creating your account at DraftKings. The bonus is only available for brand new customers, so this first step is required.
2. Deposit and wager: You must make at least a $5 bet to collect the bonus. Luckily, the minimum deposit limit is also $5. You can put more into your account if you like, but the minimums are extremely player friendly. 
3. Use bonus bets and cash out: You must use your bonus bets within seven days of receiving them, so don't let them expire. Hopefully you picked some winners with them, leaving with some profits, which can be cashed out immediately. 

One (1) bonus per new customer. Minimum $5 deposit. Minimum $5 bet. Get max. $200 issued as non-withdrawable bonus bets that expire in seven (7) days (168 hours). Offer expires on Oct. 13, 2024, at 11:59 p.m. ET. 

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050, or visit  (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit  (CT), or visit www.mdgamblinghelp.org (MD).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).

DraftKings promo code for existing users

DraftKings regularly breaks out special offers for big sporting events, like the the start of a new NFL season, College Football, or Tennis. Watch its 'Promos' sections for regular updates. 

Here are some of the special DK promos you can claim right now:

  • WNBA SGP(x) Boost: Get a randomly valued same-game parlay profit token to use on any WNBA SGP or SGPx wager on Oct. 1, 2024. Max. betting limits apply.
  • NFL: Opt-in and get a No Sweat Bet Token to be used on the Thursday Night Football game between the Tampa Bay Buccaneers and the Atlanta Falcons. Max. betting limits and some odds restrictions apply.

All DraftKings promotions

DraftKings consistently has some of the best sportsbook promos available for both newbies and existing customers. Once you've collected the welcome offer, you should stick around for plenty of frequent, ongoing promotions that keep things interesting. 

Here's a quick breakdown of DraftKings's current active promotions beyond the welcome offer. Bookmark this page to discover any fresh offers DK may provide or head to the "promos" section inside the DraftKings app.

DraftKings promo πŸ’°DraftKings promo terms and conditions βœοΈ
Up to a $1,000 Deposit Match Welcome OfferYou can claim the sportsbook's  for new players instead of its other welcome bonus.  Only 20% of your first deposit will be matched by DraftKings, meaning that you must put down $5,000 to acquire the maximum $1,000 bonus. Bonus funds come with a 25x playthrough requirement. Only wagers at odds of -300 or greater will count, and you’ll have 90 days from the date of the first deposit to clear the funds.
MLB Hits Stepped UpOpt-in and build an MLB parlay, SGP, or SGPx on player hits. Score up to 100% profit boost, increasing with each additional leg you add. 
MLB HR Odds SurgeGet boosted odds on any MLB player to hit a home run on select days of the week. 
DK Squares (annually)A fun twist on the classic Super Bowl squares office pool. You can bet on what "square" you think will win for major NFL games, according to the final score (or the end of any quarter).
Refer-a-Friend PromotionInvite a friend to join DK via a personal referral link β€” this is different from a DraftKings sign-up promo code. You and your friend will receive a sportsbook referral bonus bet if they click the link, sign up, and deposit at least $25. The amount the bonus bet is worth depends on how much is deposited β€” if your friend puts down $25, you’ll each get a $25 bonus. A maximum limit of five referrals per user exists for each promotional period. Currently, the referral bonus is at a max of $100.

DraftKings current sign up bonus

Frequent No Sweat Bet offers, profit boosts, and other ongoing promotions are just part of being a DraftKings customer. There's always a little extra available if you know where to look. That being said, none of the promotions for existing users are as valuable as the bet $5, get $200 in bonus bets welcome offer.

DraftKings bonus comparison

The competition amongst legal sportsbooks is fierce. They all want your business, so you can find a bunch of attractive welcome offers in almost any legal betting state. You should take a moment to compare the various offers and choose which one bets suits your betting style and bankroll size. Or, better yet, try to claim as many as you can, maximizing potential profit with the least amount of risk possible.

Here's a quick glance at how DraftKings' welcome bonus compares to the other major industry names:

DraftKings πŸ‘‘FanDuel πŸ”΅Caesars πŸ›οΈBetMGM πŸ¦bet365 🟒ESPN BET 🏈
Sign-up bonus
Promo codeNo codeNo codeSBRBONUS1000SBRBONUSSBRBONUSNo code
Bonus typeBet & getBet & getFirst bet offerFirst bet offerBet & getFirst bet offer/deposit match
Bonus comes asEight (8) $25 bonus bets$200 in bonus betsOne (1) bonus bet equal to bet amountFive 20% chunks (if more than $50)$200 in bonus betsFive 20% chunks + up to $500 cashback
Minimum deposit$5$10$10$10$10$10
Days to use7714777
SBR rating⭐ 4.7/5⭐ 4.8/5⭐ 4.7/5⭐ 4.6/5⭐ 4.7/5 β­4.1/5

DraftKings Casino promo

If you reside within Michigan, New Jersey, Pennsylvania, or West Virginia and have yet to register with DraftKings Casino β€” one of the top real money online casinos β€” you can claim a special welcome bonus.

Just make a minimum deposit and at least $5 of cumulative wagers. Once you've done that, DraftKings will give you . You need to playthrough the bonus funds at least once before you can withdraw them as cash. Luckily, all DK Casino games count 100% towards redemption (except Live Dealer games).

As with the sportsbook, no DraftKings Casino promo code is necessary here.

Play $5, Get $50 in Casino Credits Instantly

Terms and conditions apply.

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+. Gambling can be addictive, please play responsibly
  • and create your new account.
  • Opt in to the offer within seven days of registration.
  • You must make a minimum deposit and wager at least $5 (cumulatively) to unlock the offer.
  • The bonus funds must be wagered 1x before you can withdraw your winnings.
  • If you do not use the bonus funds within seven days, they will expire.

DraftKings fantasy promo code

DraftKings was founded as a daily fantasy sports (DFS) platform long before it ventured into sportsbook and casino offerings. True to its roots, DK still offers DFS contests and a solid daily fantasy welcome offer. 

  • Get a $500 deposit bonus without needing a DraftKings daily fantasy promo code.
  • Choose from multiple popular sports: football, hockey, basketball, golf, NASCAR, MMA, and more.
  • Choose a type of contest: Causal, Head-To-Head, 50/50s, or Tournament.

Daily fantasy sports is a fun twist on regular betting or traditional fantasy leagues. You can draft a roster like in traditional fantasy sports, but without needing a season-long commitment. You can root for individual players without being concerned about the final score or which team wins. 

Where is DraftKings legal?

DraftKings currently operates in 25 states and recently launched in Washington, DC, all of which you can peruse at your leisure in the table below. If you’ve got two feet firmly planted within one of those states’ borders, you’ll have unfettered access to the bet $5, get $200 in bonus bets welcome offer.

In May 2022, DraftKings Sportsbook entered the newly launched Ontario sports betting and iGaming market, providing those in Canada’s most populous province with another top-tier sports betting option. Like all other sportsbooks in that market, DraftKings is regulated by the (AGCO).

DraftKings promo offers by state

State πŸŒŽWelcome bonus πŸ’°Launch date πŸš€
Arizona sportsbook promosBet $5, get $200 in bonus betsSeptember 2021
Colorado sportsbook promosBet $5, get $200 in bonus betsMay 2020
Connecticut sportsbook promosBet $5, get $200 in bonus betsOctober 2021
DC sportsbook promosBet $5, get $200 in bonus betsJuly 2024
Illinois sportsbook promosBet $5, get $200 in bonus betsAugust 2020
Indiana sportsbook promosBet $5, get $200 in bonus betsOctober 2019
Iowa sportsbook promosBet $5, get $200 in bonus betsFebruary 2020
Kansas sportsbook promosBet $5, get $200 in bonus betsSeptember 2022
Kentucky sportsbook promosBet $5, get $200 in bonus betsSeptember 2023
Louisiana sportsbook promosBet $5, get $200 in bonus betsJanuary 2022
Maine sportsbook promosBet $5, get $200 in bonus betsNovember 2023
Maryland sportsbook promosBet $5, get $200 in bonus betsNovember 2022
Massachusetts sportsbook promosBet $5, get $200 in bonus betsMarch 2023
Michigan sportsbook promosBet $5, get $200 in bonus betsJanuary 2021
New Hampshire sportsbook promosBet $5, get $200 in bonus betsDecember 2019
New Jersey sportsbook promosBet $5, get $200 in bonus betsAugust 2018
New York sportsbook promosBet $5, get $200 in bonus betsJanuary 2022
North Carolina sportsbook promosBet $5, get $200 in bonus betsMarch 2024
Ohio sportsbook promosBet $5, get $200 in bonus betsJanuary 2023
Oregon sportsbook promosBet $5, get $200 in bonus betsJanuary 2022
Pennsylvania sportsbook promosBet $5, get $200 in bonus betsNovember 2019
Tennessee sportsbook promosBet $5, get $200 in bonus betsNovember 2020
Vermont sportsbook promosBet $5, get $200 in bonus betsJanuary 2024
Virginia sportsbook promosBet $5, get $200 in bonus betsJanuary 2021
West Virginia sportsbook promosBet $5, get $200 in bonus betsAugust 2019
Wyoming sportsbook promosBet $5, get $200 in bonus betsSeptember 2021

DraftKings in future states

DraftKings is already leading the way when it comes to available states, with licenses to operate in 25 different U.S. states, plus Washington, DC. However, math experts will quickly notice that leaves another 25 states still on the table.

Some states seem to be inching towards legalizing sports betting, with Georgia being the most likely next candidate (even if they aren't particularly close yet). Others, like Utah, appear to have no intention of even considering new gambling legislation. Check our legal sports betting state tracker for the most up-to-date information. 

Other states that have at least considered adopting new sports betting legislation include Alabama, California, Missouri, Minnesota, and Oklahoma. However, it seems highly unlikely that any of them will introduce legalized sports betting in 2024. Unless something drastically changes, we're looking at 2025 or beyond for these states. 

In something of surprise, DraftKings CEO Jason Robins recently mentioned the company had its sights set on Texas, a state that has been notoriously anti-gambling for a long time.

Our DraftKings sportsbook review

A trailblazer in the DFS space, DraftKings has built on its success by morphing into a sports betting monolith, creating a product that users trust and that competitors hope to emulate β€” and sprouting the now constant FanDuel vs. DraftKings debate.

Read our full DraftKings review to get a sense of everything the sportsbook has to offer and take a look at the top highlights below.

DraftKings mobile app

Few sports betting apps can hold a candle to DraftKings. The iconic sportsbook's mobile platform amazes with a striking and clean interface, constant promos for new and existing users, straightforward navigation, tons of betting options, and high-quality security.

The DraftKings app is available in the Apple App Store for iOS users and Google Play store for Android users. You can also find download links via the sportsbook's website.

Screenshots of the DraftKings Sportsbook iOS app.
DraftKings iOS app
πŸ“± App Store rating4.7/5.0 β­(5.3K ratings)
πŸ“± Google Play rating4.6/5.0 β­(127K ratings)
➑️ Download size331 MB
πŸ† Top featureIndustry leader
πŸ’° Welcome bonusBet $5, get $200 in bonus bets

DraftKings key features

DraftKings brandishes all the key features bettors expect from a top-tier online sportsbook. Here are a few of the best:

πŸ”₯ Live betting β€” As one of the premier live betting sites, DraftKings boasts a packed "Live In-Game" section containing the typical markets as well as numerous micro-betting opportunities.

πŸ”₯ Same-game parlays β€” Building same-game parlays with DraftKings is simple: Either construct your own by meticulously selecting your preferred legs or take advantage of the sportsbook's "Quick SGPs" feature, which provides pre-made options.

πŸ”₯ Early cash out β€” Most relevant online sportsbooks offer early cash out, and DraftKings is no different. If you decide you want to bow out of a wager early, you can remove money from your active bet before a game ends.

DraftKings pros and cons

Although DraftKings is considered by many to be the top sportsbook in the nation, no sports betting product is perfect. We've outlined the platform's pros and cons below:

Pros

βœ… Top-rated mobile app β€” Undeniably, the marquee element of DraftKings' sports betting product is its mobile app. Smooth and simple navigation, thoughtful organization, and general reliability give it an edge over even the most fierce competitors. 

βœ… Ongoing promotions β€” DraftKings delivers much more than just a sign-up bonus. Its Dynasty Rewards program, same-game parlay offers, and profit and odds boosts are never-ending. You'll never need a DraftKings Sportsbook promo code, either.

βœ… Exhaustive betting menu β€” Whatever sporting events you're interested in betting on, be they popular options like basketball or football or niche selections like cricket or rugby, you'll find them within DraftKings' massive betting menu.

Cons

❌ Bet limits for odds boosts β€” While DraftKings is quick to offer odds boosts, the promos almost always contain wagering restrictions to cap their potential. 

❌ Weak alternate welcome offer β€” Despite DraftKings' primary welcome offer being a great deal for first-timers, its alternate option β€” a 20% deposit match worth up to $1,000 β€” is the opposite. You must put down $5,000 and bet $25,000 to garner the entire $1,000 reward.

Popular DraftKings bet types

DraftKings offers a swath of betting options across multiple markets. We've outlined the most popular choices below:

  • Spreads
  • Moneylines
  • Over/Unders
  • Props
  • Parlays

Props and parlays are particularly favored amongst NFL bettors. With the 2024-25 season coming up fast, you can check out our guides on the best prop betting sites and parlay betting sites to learn which sportsbooks are tops at offering these bet types.

DraftKings sports to bet on

DraftKings is an industry leader in the legal sports betting market. As such, they offer one of the most robust lineups of available sports you can wager on. On any given day, depending on your state, you can find odds for at least 30 sports

All the mainstream sports are accounted for, of course, but you'll also find markets for niche sports like volleyball, snooker, jai alai, futsal, darts, and cycling races from around the world.

DraftKings is one of the best sportsbooks for NFL betting, offering great football betting promos and a competitive Super Bowl betting promo.  

DraftKings odds quality and betting limits

When it comes to pricing, DraftKings does more than enough to stay competitive. While there are sportsbooks that outperform DK in this category, they tend to lack in other areas where DraftKings excels. You'll find many of the top platforms, such as FanDuel, BetMGM, and Caesars, all host similar odds.

As for betting limits, DraftKings does enforce restrictions β€” especially on odds boosts. You may even find yourself limited if you are consistently beating the house for major wins. However, most casual bettors shouldn't find this much of an issue. Like FanDuel, DK states that their maximum payout for any bet will be $1 million.

DraftKings payment methods

Banking with DraftKings is unsurprisingly simple β€” the sportsbook offers all the most popular methods, including credit and debit cards, PayPal, Play+, and Venmo. Even the uninitiated can feel like experts cycling through the process, making DraftKings arguably the best online sportsbook for payouts.

Method πŸ’³Deposit β¬‡οΈWithdrawal β¬†οΈ
Bank wireβœ…βœ…
CheckβŒβœ…
Debit cardβœ…βœ…
eCheckβœ…βœ…
Mastercardβœ…βŒ
Online bankingβœ…βœ…
PayPalβœ…βœ…
Play+βœ…βœ…
Skrillβœ…βŒ
Venmoβœ…βœ…
Visaβœ…βŒ

DraftKings customer support

Getting in touch with DraftKings’ customer service team is a snap. Registered users can connect with an agent via live chat β€” available 24/7 β€” or use the website’s fillable online form for a typically prompt response. Email, phone, social media, and a prodigious online help center are viable alternatives.

  • πŸ“± Live chat: Available 24/7
  • πŸ“§ Email: sportsbook@draftkings.com
  • πŸ“ž Phone: Voicemails can be left at 1 (855) 357-2377; callback service is available
  • 🐀 Twitter:
  • πŸ‘©β€πŸ’Ό Support language(s): English

What we like about DraftKings

DraftKings is regularly considered one of the best online sportsbooks in the business and for many good reasons. It combines ease of use and a generous welcome bonus with a seamless mobile app and terrific overall odds. Throw in frequent, ongoing promotions for existing customers, and you've got yourself a real winner. The real question is: why wouldn't you choose DraftKings? We can't think of any good reasons. 

⭐Our Overall DraftKings Rating: 4.7/5.0

DraftKings user reviews

DraftKings is easily one of the most popular online sportsbooks on the market. With millions of daily users, there's no shortage of opinions from around the internet. We sorted through hundreds of comments on Reddit, Trustpilot, the iOS App Store, and the Google Play Store. We also asked our own SBR Community to have a say in our forums. 

Here's how the general sports betting public feels about DraftKings:

"The bonuses are way above my expectations, especially the $1,500 first-bet insurance and the 2 Run Up early payout for MLB games. Reduced juice would be nice, but I think it's the #1 book in the United States. Customer service was also great to deal with when I had an issue."

-raiders72001, SBR Forum user

[Editor's note: the $1,500 first bet insurance and 2 Run Up MLB promo are not currently available, but DraftKings does cycle them back into the rotation regularly.]

"Great sportsbook. Plenty of options. Great boosts! They care about their customers too, unlike some of their rival sportsbooks. Five stars!"

-Behls,

"I don't understand why there are negative reviews. DraftKings is the best betting app out there, in my opinion. No issues with deposits and withdrawals hit my bank account almost instantly every single time. They have promos running every day, and most bonus bets only have a 1x wagering requirement before it becomes instant cash."

-Donovan McDaniel,

(User comments may be edited for spelling, grammar, and/or clarity.)

Recent DraftKings updates

Sept. 23, 2024: DraftKings donates $5 million to the Winning for Missouri Education campaign, a lobbying group aiming to bring legal sports betting to the state. 

Sept. 18, 2024: The MLB Players Association has filed a lawsuit against DraftKings (and four other online sportsbooks) over the use of player names and likenesses. 

Sept. 7, 2024: Draftkings CEO Jason Robins reflects on the company's failed plans to add "winning bet surcharge fee" in certain states to offset tax hikes, concluding "it wasn't the right thing at this time."

Aug. 30, 2024: DraftKings announces the acquisition of Simplebet, a microbetting technology founded in 2018. DraftKings previously held a 15% stake in the company. 

Aug. 26, 2024: The NFL Players Association files a lawsuit against DraftKings for "anticipatory breach of contract." The issue seems to be around DraftKings decision to close its NFT market last month.

Aug. 19, 2024: DraftKings changes it's welcome offer to a bet $5, get $200 in bonus bets offer plus 1 month of NFL+ Premium.

Aug. 14, 2024: Less than two weeks after announcing it, DraftKings is backtracking on its plans to add a "gaming tax surcharge" to winning bets in certain regulated markets.

Aug. 5, 2024: DraftKings to start taxing winning bets in select markets starting in early 2025.

July 26, 2024: DraftKings officially goes live in Washington, DC, offering an enhanced new customer sign-up bonus of bet $5, get $200 in bonus bets. 

July 17, 2024: In a surprise move, DraftKings announces they are launching soon in Washington, DC after previously being shut out of the nation's capital due to local regulations that restricted the market. 

July 9, 2024: New Jersey regulators fine DraftKings $100,000 for sending inaccurate sports betting financial reports. 

June 28, 2024: DraftKings files a motion to dismiss the "John Doe" lawsuit, which alleges the sportsbook colluded with a prominent sports better to attack a former VIP customer. 

June 24, 2024: DraftKings adjusts its welcome offer, giving new customers in ten specific states a chance to earn up to $300 in bonus bets by meeting increased betting requirements. 

June 14, 2024: A calculated high roller bet $80,000 on golfer Patrick Cantley to win the U.S. Open after the first round. His 22-1 odds would have paid as much as $1.76 million, however he . 

May 27, 2024: DraftKings reportedly closing in on a deal to acquire Simplebet.

May 21, 2024: DraftKings changes its standard national sign-up bonus, now offering an up to $1,500 No Sweat Bet for all new customers.

May 10, 2024: DraftKings purchases Sports IQ Analytics, a Vancouver-based company that provides proprietary oddsmaking and player prop services using AI and machine learning.

May 5, 2024: DraftKings posts its 2024 first-quarter results, and they are better than projected, with $1.1 billion in total revenue.

Apr. 26, 2024: A YouGov report found that DraftKings was the preferred sportsbook of bettors aged 45 or older. Younger customers preferred bet365 or FanDuel.

Apr. 23, 2024: DraftKings hires Lori Kalani as its first-ever Chief Responsible Gaming Officer. Her role will focus on promoting and implementing player safety and protection measures.

Apr. 15, 2024: DraftKings adjusts their welcome bonus, switching to a bet $5, get $200 in bonuses bets offer (plus a No Sweat SGP for every day of the NBA Playoffs).

Apr. 8, 2024: DraftKings and the New York Racing Association announce a key partnership deal that will expand DK's horse racing offerings.

Mar. 21, 2024: DraftKings announces an expanded relationship with Kindbridge Behavioral Health which provides access to therapy and treatment for problem gaming in every state where DraftKings operates its online products.

Mar. 11, 2024: DraftKings switches its welcome offer to a bet $5, get $150 in bonus bets deal. On the same day, it officially opens for business in North Carolina.

Mar. 1, 2024: DraftKings officially opens for pre-registration in North Carolina, offering up to $300 in bonus bets to new users ahead of the March 11, 2024, start of legal online betting.

Feb. 25, 2024: The new Apple Sports app will use DraftKings' data to display live odds for games and other sporting events.

Feb. 9, 2024: DraftKings files a lawsuit against Michael Hermalyn, a former executive with DraftKings, for allegedly stealing company secrets and revealing them to Fanatics Sportsbook, a rival in the sports betting industry.

Feb. 6, 2024: DraftKings next earnings report expected sometime in mid-February.

Feb. 5, 2024: DraftKings lands a partnership fit for royalty. LeBron "King" James signs a multiyear deal to be DK's new Talent Ambassador.

Jan. 29, 2024: DraftKings removes the daily No Sweat SGP token from their welcome offer.

Jan. 21, 2024: DraftKings makes a generous decision to refund most bets involving Deebo Samuel after the San Francisco 49ers wide receiver suffered a shoulder injury in the first quarter in the NFC Divisional playoff game.

Jan. 11, 2024: DraftKings officially launches in Vermont with a welcome offer.

Jan. 8, 2024: DraftKings unveils a new welcome offer to coincide with the start of NFL playoffs and Super Bowl 58, offering $200 in bonus bets for any initial bet of $5.

Dec. 12, 2023: Pre-launch Vermont sportsbook promos begin rolling in, and DraftKings unveils its $200 in bonus bets offer for those who register early.

Nov. 28, 2023: DK announces that its sports betting product will become the feature retail sportsbook at Golden Nugget Casino Biloxi in MS.

Nov. 14, 2023: DraftKings rolls out its latest welcome offer: A bet $5, get $150 in bonus bets reward.

Nov. 7, 2023: DraftKings CEO Jason Robins announces that the sportsbook plans to unveil a new feature during its investor day on Nov. 14, 2023.

Nov. 3, 2023: Legal Maine sports betting officially launches, with Caesars and DraftKings the only available online sportsbooks.

Oct. 3, 2023: DraftKings updates its new-user offer to include up to three No Sweat tokens per week for NFL SGP/SGPx bets.

Sept. 7, 2023: Kentucky sports betting customers can start depositing funds with DraftKings in advance of the state's online sports betting launch.

Aug. 21, 2023: DraftKings alters its welcome bonus to a bet $5, get $200 in bonus bets reward with the NFL season around the corner.

July 31, 2023: Version 4.21.0 of DraftKings' iOS app releases.

June 27, 2023: As of May 2023, DraftKings owns roughly 32% of the online sports betting market in the U.S.

May 25, 2023: DraftKings releases version 4.16.1 of its iOS app.

March 10, 2023: DraftKings goes live in MA with various other Massachusetts sports betting apps.

Jan. 1, 2023: With Ohio sports betting apps free to launch, DraftKings opens its virtual doors in the state.

Additional sportsbook promo codes

While you don't need a DraftKings bonus code to snag the online sportsbook's sign-up offer, you may require one when looking to garner a bonus from another of the country's best betting sites.

We've done the work for you by closely inspecting Caesars, DraftKings, FanDuel, and more to provide you with information on each site's sports betting platform and promo code offerings:

DraftKings promo code FAQs

Can I trust DraftKings when it comes to promos?

Yes, DraftKings is one of many legitimate real money online sportsbooks. As such, it is authorized and regulated in states where sports betting has been legalized. If you’re in one of these locations, you can use the product safely.

What is the DraftKings promo code?

You do not need a DraftKings promo code to redeem the sportsbook's new-user offer. Simply click one of our links in the guide above and begin the registration process.

How do I get the DraftKings bonus?

Get started by  β€” you won’t need a DraftKings Sportsbook promo code to acquire the bonus. Simply deposit and make your first wager of at least $5 or more and receive $200 in bonus bets, win or lose.

In what states can I legally bet at DraftKings?

If you reside in one of the 25 states in which it operates (plus Washington, DC), you can legally bet on sports at DraftKings.

Do I need to make a deposit to get my DraftKings promo?

Yes. The DraftKings promo code offer requires a minimum deposit of $5. 

If I get bonus bets, can I withdraw them from DraftKings immediately?

After you claim your bonus bets, you cannot withdraw them from your DraftKings account right away. Instead, you must use it to wager further with the sportsbook.

I’m already registered at DraftKings, can I still use the promo code(s)?

You do not need a DraftKings promo code to redeem any welcome offer the sportsbook may issue. However, if you are already registered with DraftKings, you cannot claim the sign-up bonus more than once β€” it is for new users only. You can if you haven’t yet.  ;