DraftKings Promo Code: Bet $5, Get $150 If Your Bet Wins

A DraftKings promo code is not required to claim the new DraftKings welcome bonus. Use the bonus to bet on NFL Week 17, the College Football Playoff or other sporting events taking place this week.

DraftKings offers all new customers to bet $5, and get $150 in bonus bets if your bet wins when they sign up. Check out the chart below for more information. No DraftKings promo code is required to claim this offer.

The DraftKings welcome bonus operates under the straightforward “Bet & Get” format. After signing up and depositing at least $5, you can place your first wager of at least $5, and you’ll instantly unlock $150 in bonus bets.

The DraftKings welcome promo comes with a few terms and conditions that are important to understand. First, you must be a brand-new DraftKings customer who has never signed up for the platform. 

For example, if you have previously signed up in Michigan, you wouldn’t be eligible to sign up for a new account and claim the welcome bonus in Pennsylvania. You must be 21 or older to sign up and claim the DraftKings promo. 

To qualify for this welcome bonus, your first deposit with DraftKings and your initial, qualifying wager must be $5 or more. Your qualifying wager can be on any betting market. 

Another important note for this welcome promo is that your $150 in bonus bets will be credited in the form of six $25 bonus bet tokens. All of your bonus bet tokens expire seven days after reaching your account. 

Lastly, your bonus bets are not included in any returns or winnings, nor are they redeemable for cash, transferable, or refundable.

DraftKings takes good care of its loyal customers. Much of this care comes in the form of promotional offerings, all of which can be found under the ‘Promos’ tab. 

Below, you will find today’s promotions that can be claimed at DraftKings Sportsbook:

Place an NBA SGP or SGP(x) today and get a bonus bet back if you lose

Get a profit boost to use on a College Basketball SGP(x) bet today

Get two (2) profit boosts to use on Soccer SGP or SGP(x) bets

Get a Same Game Parlay boost to use on Thursday Night Football

Join the Jackpot Pools and watch the prize grow daily until someone wins!

New users can claim a 20% Deposit Bonus, up to $1,000!

After claiming the DraftKings welcome bonus and event-specific promos, you can progress toward receiving some daily offers. Let’s look at some to take advantage of today.

The DraftKings loyalty program is called Dynasty Rewards. For every bet you place, you earn points towards the program that can be relayed into prizes. The program works in a tier system where you start at Bronze and can work up to Onyx. You earn Crowns and Tier Credits that can help your prizes and “DK Dollars” accumulate even faster during your wagering experience.

You can expect profit boosts at DraftKings for many marquee matchups. Profit boosts function precisely as they sound—they boost your profit. These profit boosts typically range from 25% to 100%. For example, if your bet normally grants you a profit of $100 and you have a 50% profit boost, you’d earn $150 with a win instead.

DraftKings offers a unique promo called an “Early Win.” When you place a moneyline wager on select sports, your bet can be graded as a winner prematurely if the team you bet on jumps out to an early lead. For example, DraftKings offered this promo for MLB moneylines, and bets were marked as winners if the team you bet on had a two-run lead at any point in the game. DraftKings is a great MLB betting site as you can frequently get promos like this.

As online sportsbooks typically have, DraftKings has multiple different types of bet insurance. You can get bonus bets back if your wagers don’t win on select events, including straight wagers, parlays and same game parlays.

The sign-up process at DraftKings Sportsbook is simple and usually takes just a couple of minutes to complete. You can register at DraftKings Sportsbook using the step-by-step guide below, and claim the welcome bonus:

The DraftKings welcome bonus carries one of the highest bonus bet values in the sports betting industry. As a “No Sweat Bet”, you can try betting on something with a big return without having to break your bankroll.

Check out how the DraftKings welcome offer compares to the sports betting promos seen at other sites in the industry, including FanDuel, Fanatics Sportsbook and BetMGM.

DraftKings Sportsbook owns one of the largest market shares of any brand in the industry; and it’s easy to see why, as it’s truly a top-tier sports betting site.

You already know all about the user-friendly promotions that are available at DraftKings, but that’s far from where the story ends. DraftKings offers live streaming and betting, along with early cash out.

It’s worth noting that DraftKings boasts one of the highest-rated mobile apps of any online sportsbook. The app runs incredibly smooth, which makes placing sports bets in the palm of your hand simple and without stress. 

Another area where DraftKings Sportsbook excels is banking. Users of DraftKings will be able to make deposits and withdrawals with a variety of methods. See below:

DraftKings has a page that’s entirely dedicated to promoting responsible gambling.You can put all kinds of limits in place for yourself, including: Deposit limits, time limits, wagering limits and contest limits. 

You can also give yourself cool-off periods and even put yourself on a self-exclusion list. 

There are additional resources available too, such as:

Look out for even more promos at DraftKings, as the site constantly develops new ways to engage its user base. Sign up today at DraftKings Sportsbook to start reaping the benefits of being a customer with bonuses and the Dynasty Rewards program.