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DraftKings Promo Code and Bonuses

When looking for the top sportsbooks, you’ll find DraftKings in the mix. New users will see DraftKings offer promotions and bonuses to new users. Here is what you need to know about the latest DraftKings promo code and bonuses.

DraftKings Promo Codes and Offers

DraftKings Sportsbook

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Bonus Bets!

The top sports betting sites are constantly running promotions. DraftKings has run plenty of promotions throughout the years for new and existing users. These have included bonus bets, odds boosts, deposit bonuses matches up a certain percentage, and more. Take a look at the latest promo code and take advantage right now.

How to Use a DraftKings Sportsbook Promo Code

If you’re new to using DraftKings promo codes, don’t worry, it’s easy. First, visit the DraftKings website or download the DraftKings Sportsbook App on your mobile device. Sign up for a DraftKings Sportsbook account by providing your personal information, then enter the promo code during the sign-up process.

You don’t always need a promo code to be entered. Some offers are claimed immediately by signing up. If you have questions, check with the terms and conditions or DraftKings customer support.

Make your first deposit and place your first wager to receive your bonus. Keep in mind that some promo codes may have specific terms and conditions, such as a minimum deposit or certain odds for the first bet. Check the terms and conditions before using the promo code to make sure you’re eligible for the bonus.

And remember, DraftKings regularly updates its promotions, so check back often to take full advantage of the DraftKings promo codes and offers. Bet on your favorite sports with DraftKings and use the promo codes to get extra bonus money for your bets.

The platform is legal in several states across the country in the form of DraftKings mobile, online, and retail locations. Geolocation in the DraftKings mobile app and website will confirm you are within the legal borders of a sports betting state.

DraftKings is legal in the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, and Wyoming.

More states are expected to pass sports betting legislation and you will see the list continue to grow. Due to its reputation and popularity, DraftKings usually is one of the sportsbooks that gets approval quickly in each new state.

Types of Sportsbook Promotions

Sportsbooks use plenty of promotions and bonuses to attract new users. Here are some terms you might see and want to be familiar with before you try to fill up your bet slip.

Bet Bonus and Bet Credits

A bet bonus is a common offer that a sportsbook will give to new users after registering. You will have your account credited with bets that you can place on a variety of sports.

Bonus bets are a great offer because, most of the time, they don’t require a user to make a deposit. You sign up and get your account funded because you are a new user. Sportsbooks want users to get familiar with the platform and have the confidence to place wagers. 

Sometimes a qualifying bet will be attached or you have to wager on specific games. For some DraftKings offers, you have to bet $5 to receive bet bonuses. DraftKings also has had offers that didn’t include a qualifying bet. In some states, you received bonus bets aaslong as you completed the DraftKings sign-up process before the go-live date.

Second Chance Bets

You might have heard the terms No-Risk Bet, No Sweat First Bet, Second Chance Bet, First Bet Insurance, and more. Basically, they all are the same idea. Your initial wager is covered up to a maximum limit if you lose.

For example, you place a $400 bet on the Chicago Bears to beat the 49ers. They lose. For a second chance bet offer, a sportsbook would credit you with $400 to cover the loss.

Odds Boosts

The odds boost is extremely common at sportsbooks across the industry. It can be for daily games, props, or major events. For example, for Super Bowl 56, DraftKings Sportsbook had an odds boost of 56 to 1 for moneyline bets on either the Rams or Bengals.

Deposit Bonus

A deposit match bonus is when a sportsbook will give you bonus funds based on how much you deposit. Most sportsbooks will do this as a percentage. DraftKings has a 20% deposit bonus of up to $1,000. You would have to deposit $5,000 to claim the full $1,000 offers.

Tips for using DraftKings Sportsbook Promotions

You have claimed the promo code and have access to the DraftKings Sportsbook via the mobile app or online website. Now, what do you do exactly? Here are a few tips on how to use your promo code, bonus funds, and more.

Read the Terms and Conditions

Check the terms and conditions to make sure you understand how to use the promo code, bonus, or offer. It’s a smart idea to read the fine print on the current DraftKings offers. Some promo codes require a qualifying bet or a deposit. Check with customer support if you have any questions.

Correctly Claim the Code

When checking out the DraftKings bonus or offer, take note of what you need to do to claim it. Sometimes a promo code is required to be entered before you register. Other times, there is no promo code necessary and you will get the offer immediately after signing up.

As we mentioned before, some promotions might require you to make a deposit or place a bet. For example, if the offer says to place a $10 bet to get $200 in bonus bets, you will need to make a $10 deposit and bet before getting the bonus.

Research Your Bets

A common mistake by novice sports bettors is to immediately burn through all of their bonus funds or bet credits. Don’t let this be the case when you bet at DraftKings. Take the time to research and have a strategy. Just because you have bonus bets doesn’t mean you have to use them immediately without thinking first.

Search the sportsbook and take time to get familiar before making any decisions. This is the best strategy when planning to use your bet credits.

Benefits of Using a DraftKings Promo Code

What’s the point of getting bonuses and promotions on the DraftKings platform? There are many benefits to getting these bonuses. First, some bonuses give you bet credits and you don’t have to use any of your own money. You can sign up for an account and get bonus bets to use without making a deposit.

DraftKings is one of many sportsbooks that have used bonus bets or credits. They’ve run DraftKings promotions for state launches that give out bonus bets and they were claimed without having to make a DraftKings deposit.

For an offer like a deposit match, this can allow a DraftKings new user to deposit a little more money knowing they will get bonus funds. It’s worth adding a little extra if the sportsbook will match it. These are just a few of the reasons new DraftKings customers should enter a promo code or claim an offer when starting. It’s a nice way to gain some confidence and place bets on the long list of sports on DraftKings.

DraftKings Sportsbook vs Other Top Sportsbooks

DraftKings makes a case for being one of the top sportsbooks in the US. Now, there are several others that are in the running. Here are some of the top competitors you will find that also have a bonus for new users.


FanDuel Sportsbook

First online real money wager only. $10 first deposit required. Bonus issued as nonwtihdrawable bonus bets that expires in 14 days. Restrictions apply. See terms at

21+ and present in Participating states. Gambling problem? Call 1-800-GAMBLER.$1000
No Sweat First Bet

FanDuel has a strong platform with some of the best live betting in the industry. Also, FanDuel brought the same-game parlay to life. Bettors can combine multiple picks from the same game into one bet.

Promo codes can be used at FanDuel. Over the course of the year, the sportsbook has great offers such as a No Sweat First Bet, bet bonuses, odds boosts, and more.


Caesars Sportsbook



Caesars Sportsbook is a well-established sportsbook that has been around for many years. With its strong reputation and wide range of betting options, Caesars is a popular choice for sports bettors who value reliability and trustworthiness.

The sportsbook has used a Bet on Caesars up to $1,500 in the past to attract new customers.




21+ and in participating states. Gambling problem? Call 1-800-GAMBLER.$1,000

BetMGM is a popular sportsbook that offers users the ability to place bets on a wide range of sports and events. With competitive odds and a user-friendly platform, BetMGM provides an enjoyable and engaging experience for both novice and experienced bettors.

Promotions on the platform have included First Bet Offers that protect your first wager if it loses. In some states, it has been up to $1,000.


PointsBet Sportsbook

States: IL, NY, NJ, PA, CO, IA, IN, MI, WV, VA

SIGN-UP BONUS!4 x $50!

PointsBet is also a relatively new sportsbook to the market that has quickly gained popularity due to its innovative and exciting approach to sports betting. With its unique PointsBetting feature and user-friendly interface, PointsBet is a popular choice for those who want to try something new and different.

PointsBet has used promotions that include Second Chance Bets. These protect your first bet with the sportsbook if it loses.


Barstool Sportsbook



Barstool Sportsbook is a relatively new sportsbook in the industry, but it has already gained a large following due to its entertaining and engaging approach. With its emphasis on social media and sports-related content, Barstool has quickly become a popular destination for sports bettors.

Barstool has had a sign-up bonus that has worked like first-bet insurance of up to $1,000. This means your first bet is covered if it ends up losing.



States: IL, NY, NJ, PA, CT, AZ, CO, IN, IA, MI, VA


BetRivers is a sportsbook that is known for its competitive odds and user-friendly platform. With a wide variety of sports and events to bet on, BetRivers offers a fun and engaging experience for sports bettors of all levels.

Like PointsBet, BetRivers has also used 2nd Chance Bets to encourage new signups. In the past, we have seen offers of up to $500 on your first bet.

Top Features of DraftKings Sportsbook

DraftKings Sportsbook is one of the most popular sportsbooks and has some solid features if bettors are looking to bet on their favorite teams. Here are a few of the features to check out so you can take full advantage of DraftKings.

User-Friendly App and Website

DraftKings makes it easy to use its app and website with great navigation. The app is also clean and users have complimented how easy it can be to use.

This might not seem important, but it is a major factor for some sports bettors. The last thing you want is to have trouble finding a bet or navigating the app after you claim your DraftKings promo.

Live Betting

DraftKings Sportsbook will find the sportsbook has great live betting. There are plenty of odds, lines, and bets available that are changing quickly based on what is happening in the game or event.

This is one of the major advantages of mobile betting apps over a retail sportsbook. Easy access to live odds, lines, bets, and more right in your hand. Be sure to check out live betting after you register for a DraftKings account.

Deposits and Withdrawal Options

What about making deposits? At DraftKings, you can use major credit/debit cards from major companies such as Visa or Mastercard. Other options include PayPal, online banking, wire transfers, or a PrePaid Card+ method.

Many of the same methods are available for withdrawal. Most of the time, you will have to use the same method to withdraw as a deposit. This is something to keep in mind before depositing any money. Know how you are going to get your money out as well. Check with DraftKings if you have any questions before making a deposit and are set to place your first bet.


DraftKings has one of the best features in allowing cashouts. A user can cash out a bet early to capitalize on a profit or dip out to prevent a major loss. It’s a solid feature that gives the bettors a little more control. Your bet isn’t trapped after you click submit The odds available are determined by many factors and cashout isn’t always an option.

Daily Fantasy Sports

DraftKings DFS has been a major part of the company for over a decade. It’s one of the reasons the company was able to shift into sports betting efficiently. DraftKings does a great job with both platforms and each is worth checking out. Also, there might be a DraftKings DFS promo code to capitalize on.

Rewards Program

You can get rewarded for placing bets with DraftKings. Users can earn crowns for placing bets. The crowns can then be redeemed for rewards, bonus bets, and more.

A rewards program is one of the best ways to reward existing users who have been loyal to the brand. It gives them the chance to score promotions just like new users who sign up.

Customer Support

DraftKings Sportsbook has 24/7 customer support. Most of the industry is moving in this direction. Sports are on throughout the day and night. This means bettors can be constantly placing wagers based on their time zone. The sportsbook has made itself available so it can be helpful if any issues happen while a user claims the current DraftKings promo code offer.

Top Sports to Bet on with DraftKings

When you decide to bet online with DraftKings, there are a lot of sports options available. You can find sports, teams, and leagues from around the entire world. With your new account, you can wager on major sports such as baseball, basketball, football, hockey, soccer, and more.

The sportsbook also has other sports such as MMA, lacrosse, cycling, cricket, tennis, auto racing, and boxing. You can see the long list of sports when using the DraftKings mobile betting app.

DraftKings Bet Types and Markets

You’ll find plenty of popular bet types and options after signing up for your DraftKings online sportsbook account. DraftKings users have plenty of options to use their sportsbook promotions on when placing bets. Be sure to check the terms and conditions. Some offers might need to be used on certain DraftKings odds or bets.


A moneyline bet is a type of wager in which the bettor chooses which team they believe will win a given game or event. The bettor simply needs to pick the winner of the game, regardless of the margin of victory.

The odds for each team are expressed as either a positive or negative number, with the favorite represented by a negative number and the underdog represented by a positive number. 

For example, you want to bet on an MLB game between the Chicago Cubs and Los Angeles Dodgers. A sportsbook might set the moneyline odds as follows: Cubs -140, Cubs +120.

This means that the Cubs are the favorites to win. A bettor would need to wager $140 on the Cubs to win $100. On the other side, a $100 bet on the Dodgers would pay out $120 if they won.

Point Spreads

A point spread is a bet on the point differential in a game. You are betting on whether a team wins or loses by a certain amount. It’s not just about who wins. It has been one of the most popular bets available since DraftKings launched and in the entire industry.

Let’s say you want to bet on the Chicago Bulls vs Portland Trail Blazers game. The Bulls are listed as a -7.5 favorite. To cover the spread, the Bulls have to win by eight points or more.


A total bet is also referred to as an over/under bet. This bet is based on the total number of points scored in a game. You are predicting whether the final score will be over or under the line set by a sportsbook.

For example, in an NHL game between the Chicago Blackhawks and Detroit Red Wings, the sportsbook might set the total at 6.5 goals. If you bet the under, you are predicting that the total number of goals scored by both teams will be six or lfewer If you bet the under, you are predicting that the total number of goals scored will be five or fewer.


Prop bets are a popular type of wager that are based on an individual player or team performance rather than the outcome of a game or event. These bets can add an extra layer of excitement to watching a game and can provide opportunities to win for bigger payouts.

For example, in an NFL game between the Bengals and Lions, a prop bet might be offered on whether Jared Goff will throw over or under 2.5 touchdown passes. If you bet the over, you would need Goff to throw three or more touchdown passes in the game.


A parlay bet is a type of wager that involves combining multiple individual bets into one entire wager. In a parlay bet, all of the individual bets included in the parlay must be right in order for the bettor to win. If any of the individual bets iarewrong, the entire parlay bet is a loss.

Parlay bets can offer the potential for large payouts on smaller wagers. For example, if a bettor believes that five NFL teams will win in a given week, they can include all five bets in a single parlay bet.

If any of the teams lose, the entire bet loses.


A future bet is a type of wager that involves the outcome of an event that will take place at a later date or down the road. These bets are typically placed well in advance and sometimes even before the season starts. The odds can shift over time as based on team performance, injuries, and more.

Future bets can be placed on a wide range of sporting events, from the winner of the Super Bowl to which teams will make the NCAA Final Four in college basketball. For example, a future bet on the winner of the 2023 NFL Super Bowl might be offered prior to the start of the regular season. The odds for each team change each week based on performance, injury, and more.

How to Sign Up with DraftKings Sportsbook

Signing up is a relatively quick process. To get registration started, download the DraftKings app on your mobile device or visit their online sportsbook to create an account. If a promo code is necessary, confirm it has been entered before moving fforward

You’ll have to enter your personal information such as name, birthday, address, and more. This will help the sportsbook confirm your identity. Also, DraftKings currently uses geolocation to confirm where you are located. You need to be within the borders of a legal sports betting state to place wagers.

Once you’ve created an account and entered the bonus code (if necessary), you can start exploring the different sports. Take a look at the different bet types available on DraftKings. Whether you’re into football, basketball, baseball, hockey, or any other sport, DraftKings has options.

How to Place a Bet with DraftKings Sportsbook

You’ve claimed offers and now it’s time for you to place a bet. Visit DraftKings and log into your account. If you have bonus bets, you can begin looking for a wager to make. If you want to make a deposit, navigate the app to fund your account. 

After making your initial deposit, you can start betting on your favorite sports using the DraftKings sports betting app. The app is user-friendly and has one of the most extensive sports betting menus available.

To place a bet, simply select the sport, game, and market you want to bet on, and enter the amount you want to wager. Once you’ve reviewed your bet, hit submit, and you’re all set.

The DraftKings Sportsbook App

The DraftKings Sportsbook App is the perfect way to bet on your favorite sports from your mobile device. With an apple app store rating of 4.8 and a google play store rating of 4.6, it is clear that users love the platform.

Many users appreciate the simple and user-friendly interface, as well as the variety of sports and betting options available on the app. Using the sportsbook promo code and making an initial deposit, you can start placing bets on the DraftKings sports betting app in no time.

Some users reviewing the app mentioned that the in-play betting feature is especially exciting, as it allows them to place bets on games as they happen. Overall, the DraftKings Sportsbook App is an excellent choice for anyone looking to bet on sports from their mobile device.

Is DraftKings a Legit Sportsbook?

When it comes to online sports betting, legitimacy is a top concern for many players. With DraftKings, you can rest assured that you are dealing with a legitimate and trustworthy sportsbook.

As one of the biggest names in the industry, DraftKings is licensed and regulated in multiple states, which means that they must meet strict standards for fairness, security, and customer service.

In addition to its reputation for safety and security, DraftKings offers a user-friendly platform and a wide range of betting options, including in-play betting and daily fantasy sports. If you are looking for a reliable and exciting sports betting experience, DraftKings is a top choice.

If you have any questions, reach out to DraftKings customer support.

Should I Sign Up for DraftKings Sportsbook?

DraftKings started as a DFS site and has continued to grow. It has not spilled into the sports betting industry and is one of the most popular options for sports bettors.

DraftKings Sportsbook has great features, strong promotions, and more. It’s a great option for sports bettors looking to get into betting. Take a look at the latest DraftKings promo code available and see if it fits your betting strategy.

Continue to research and take your time when making decisions. Compare DraftKings to other sportsbooks to see if it has what you are looking for. You can compare odds, lines, features, promotions, and more. That’s one of the best things about mobile betting. You have options right from home.

DraftKings Promo Code FAQs

Is DraftKings Sportsbook legal in the US?

Yes. DraftKings Sportsbook is legal and available in over 20 states across the United States. It is operating and following strict regulations set forth by governing bodies in each state.

What is the best DraftKings promo code to claim?

DraftKings will often run promotions throughout the year and the best depends on what you are looking for. The sportsbook usually has bonus bets and a 20% deposit match offer available.

Do I need to make a deposit to get a DraftKings welcome offer?

Some DraftKings promotions require a qualifying bet. This means you have to make a deposit and then a bet to earn the bonus bets. This is why it’s important to check the terms and conditions to see what you need to do to claim the latest offers.

Does DraftKings have a mobile app?

Yes. You can download the DraftKings Sportsbook app from the Google Play and Apple App Stores. It is available on several different mobile devices.

Do I need a DraftKings Sportsbook account for each state?

No. You only need one account. The sportsbook will use geolocation tracking to confirm if you are within the borders of a legal state. If not, you won’t be able to place wagers.

Does DraftKings have promotions for existing users?

Many of the promotions are for new users, but not all of them. The sportsbook has a rewards program as well as odds boosts to help existing customers earn more bonus bets and rewards.

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