DraftKings Sportsbook has developed a reputation for offering the most creative and exciting sign-up bonuses in the country. It regularly offers new customers a welcome bundle featuring a $50 bonus bet and a 20% deposit match worth up to $1,000. However, it often eclipses that offer with alternative bonuses launched on a short-term basis, such as the current "Bet $5, Win 200" deal. 

DraftKings appears to be more interested in increasing its customer base than earning a profit right now, which is great news for customers. It means you will receive a very large welcome bonus, along with a variety of ongoing promotions and access to the Dynasty Rewards loyalty program.

DraftKings also offers one of the best sports betting apps, competitive lines on major sporting events and reliable payouts, so it deserves its status as the No. 1 online sportsbook in several states. Read on to learn more about the DraftKings Sportsbook promo code offers you can benefit from.

DraftKings Sportsbook Promo Code

DraftKings changes its welcome bonuses far more frequently than rival online sportsbooks. The current DraftKings offer gives new customers $200 in bonus bets if they make a successful $5 wager on any NFL moneyline. Once the wager is settled, users will receive eight $25 bonus bets.

The bonus betting credits come with just a 1x playthrough requirement. That means you only need to roll them over once, and any winnings you earn will be paid immediately into your cash balance. You can then withdraw the funds or place additional bets.

This is a very generous online sports betting bonus, as you only need to risk $5 of your own money and you could earn a large cash profit if you make astute betting predictions.

Short-Term DraftKings Sportsbook Welcome Bonuses

DraftKings has offered a wide variety of short-term welcome bonuses over the past few years. For example, in the build-up to Super Bowl 56, DraftKings offered new sports betting customers a "Bet $5, Win $280" bonus. You could bet $5 on either team to win and earn seven $40 bet tokens if you guess correctly. The bonus funds had just a 1x playthrough requirement, giving you seven opportunities to earn cash profits.

It ran a similar "Bet $5, Win $200" bonus during the last NFL playoffs. We have also seen DraftKings offer huge odds for new online sports betting customers customers. For example, a DraftKings UFC promo code offer allowed new users to bet $1 at boosted odds of 100/1 (+10000) on a single punch being thrown in fight, while there was a similar offer allowing you to bet $1 at 100/1 on a single 3-point field goal being made in an NBA game. There were also offers centering around March Madness betting during the NCAA Tournament.

$1,000 Deposit Match Bonus

DraftKings regularly offers new customers a 20% welcome bonus worth up to $1,000. This is provided as an alternative to one of the short-term DraftKings promo code offers mentioned above. It comes with a 25x release requirement, so you would need to deposit $5,000 and place $25,000 worth of wagers to unlock the full $1,000 in bonus funds.

DraftKings often chucks in a $50 bonus-bet token to sweeten the deal. That makes it a very attractive offer if you make a small initial deposit. You may see it referred to as a $1,050 welcome bonus.

DraftKings Casino Bonus

DraftKings runs a superb online casino in Connecticut, Michigan, New Jersey, Pennsylvania and West Virginia. New customers are offered a very generous welcome bundle worth up to $2,085. You will instantly receive $25 in bonus funds, before you even make your first deposit.

It will then match your first deposit 100% up to $2,000 with site credit. You will receive an extra $60 in additional bonus funds too. The minimum deposit required for this bonus is just $5, so you could deposit $5 and get $90 to play with. The bonus funds have a 15x playthrough requirement, which is low by industry standards.

DraftKings Recurring Promotions

DraftKings will provide all sports bettors with a series of recurring promotions to reward you for remaining loyal to the brand. These are the main bonuses available to existing customers:

Free to Play Pools

DraftKings runs free to play pools offering cash prizes on a daily basis. The prize pools can range from $500 to hundreds of thousands of dollars. If you climb to the top of the leaderboard, you can win some juicy cash prizes, so this is a great, risk-free offer for all DraftKings Sportsbook customers.

DraftKings Odds Boosts

You will occasionally find odds boosts when you use the DraftKings Sportsbook mobile app. They are normally linked to same game parlays and player props. For example, you might find Nikola Jokic to record 40+ points and assists, boosted from +240 to +280, or Leon Draisaitl to score a goal in an NHL playoffs game, boosted from +115 to +135. These odds boosts are for all bettors, not just new customers.

DraftKings Parlay Bonuses

We noticed that DraftKings has recently started offering same game parlay insurance for NBA and NHL bettors when conducting this DraftKings Sportsbook review. If one leg of your same game parlay fails, causing the overall bet to lose, you will be refunded with a bonus-bet token of up to $10. This token has a 1x rollover requirement, and you can use it on any sport, from college football to Aussie Rules.

DraftKings Referral Bonus

You will receive up bonus bet tokens if you convince friends to sign up for a DraftKings Sportsbook account. The size of the bonus bet token is determined by how much your friend deposits after creating his or her DraftKings account.

DraftKings Promo Codes by States

DraftKings is now the most widely available online sportsbook in the United States. It is available in almost every state that offers legal sports betting online, from Arizona to Wyoming. It also has an exclusive deal to provide online sports wagering in New Hampshire and Oregon. DraftKings Casino is now available in five states too, and its Daily Fantasy Sports product continues to go from strength to strength. These are the states in which you can claim the DraftKings Sportsbook promo code offers:

DraftKings Promo Code Arizona

DraftKings was among the first tranche of sportsbooks to launch in the competitive Arizona sports betting market after the state legalized sports wagering in 2021. It became the official sportsbook of the Phoenix Waste Management Open golf tournament at TPC Scottsdale to gain market access. The DraftKings Arizona promo code will provide you with hundreds of dollars in bonus bet credit if you sign up today, and you can then earn DraftKings daily rewards via the loyalty program. DraftKings is the most popular sportsbook in Arizona right now.

DraftKings Promo Code Colorado

DraftKings signed a deal with Bally’s Black Hawk Casino to launch online sports betting in Colorado in the spring of 2020. At the time, the pandemic had shut down all the major sports leagues, but DraftKings gained a cult following by offering lines on table tennis and other niche sports. It has gone on to become one of the most popular online sports betting brands in the state. You will benefit from a generous welcome bonus if you download the DraftKings Sportsbook app, make a first deposit and place a qualifying wager in Colorado.

DraftKings Promo Code Connecticut

DraftKings was one of just three operators to gain a coveted license in Connecticut, along with FanDuel and PlaySugarHouse. It teamed up with Foxwoods Casino to gain access. You can play at DraftKings Sportsbook and DraftKings Casino in Connecticut, while its DFS contests are also available. The DraftKings Connecticut promo code for the sportsbook will unlock hundreds of dollars in bet credit. The DraftKings promo code Connecticut for the casino will also earn you $85 in credit, plus a 100% deposit match up to $2,000. DraftKings sometimes offers Daily Fantasy Sports bonuses, too.

DraftKings Promo Code Illinois

DraftKings has emerged as the No. 1 online sports betting brand among Illinois betting sites. It has been live in the state since August 2020, offering online and mobile sports betting through a tie-up with Casino Queen in East St Louis. You can claim a "Bet $5, Win $200" bonus at DraftKings in Illinois. It is also one of the best online sports betting sites for free-to-enter daily pools, which provide lots of opportunities to earn bonus-bet tokens.

DraftKings Promo Code Indiana

DraftKings also is the No. 1 online sportsbook in Indiana, cementing its status as the leading light in the Midwest sports betting industry. It accounts for more than a third of all sports bets placed in the Hoosier State. It has teamed up with Ameristar Casino in East Chicago for market access in Indiana. Use the DraftKings promo code Indiana today to join the fun.

DraftKings Promo Code Iowa

DraftKings debuted its mobile and online sportsbook in Iowa in February 2020 courtesy of an access deal with Wild Rose Casino & Resort in West Des Moines. The DraftKings Iowa promo code will earn you a “Bet $5 on any NFL moneyline and win $200 in Bonus bets” offer, or a deposit match deal.

DraftKings Promo Code Kansas

DraftKings was among the first sportsbooks given approval to accept bets when the Sunflower State launched legal sports betting on Sept. 1, 2022. As always, DraftKings got a jump on its rivals by tying up market access deal with Dodge City-based Boot Hill Casino. DraftKings changes its Kansas promo codes often, but its current offer provides a $200 bonus on an successful initial $5 bet on an NFL moneyline. 

DraftKings Promo Code Louisiana

DraftKings online sportsbook launched in the Louisiana sports betting market in January 2022 as the NFL playoffs were raging on. It quickly launched a terrific DraftKings Louisiana promo code, offering new customers the chance to bet $5 on the Super Bowl and win $280 in bonus bets – divided into seven bonus bets worth $40 each – if they called it correctly. DraftKings regularly launches great welcome offers, so register today and claim your DraftKings promo code Louisiana offer.

DraftKings Promo Code Michigan

DraftKings is often revealed to be the leading online betting operator in Michigan when the state’s Gaming Control Board unveils its monthly trading figures. It has been live in the state with an online sportsbook and an online casino since January 2021 through a partnership with Bay Mills Resort & Casino in Brimley, which is close to the border with Ontario. Claim the DraftKings Michigan promo code today to get involved in the action at one of the top Michigan sports betting sites.

DraftKings Promo Code New Jersey

DraftKings became the first online sportsbook to launch in New Jersey after the federal sports betting ban was overturned in 2018. It has an access deal with Resorts in Atlantic City, and it offers an online casino alongside its online sportsbook. DraftKings is the second largest sportsbook in the Garden State, but it is determined to overtake rival FanDuel, so it launches high-quality DraftKings New Jersey promo code offers for anyone that signs up for a DraftKings Sportsbook account.

DraftKings Promo Code New York

DraftKings was one of the first four online sportsbooks to launch in the New York sports betting market when the industry got underway in January 2022. It launched a brilliant DraftKings NY promo code offer to celebrate. Football fans in the Empire State could sign up for an account and bet $5 on any team to win an NFL playoff game, and they would receive $280 in bonus bets if successful.

The DraftKings promo code New York terms stipulated that bettors would receive seven $40 bonus bets, each with just a 1x wagering requirement, along with the profits from the $5 qualifying wager. It offered this bonus on the Super Bowl too and continues to provide great DraftKings promo code NY deals.

DrafKings Promo Code Ohio

DraftKings should be cleared to launch its popular mobile app and sports betting website in Ohio before the end of 2022. We expected to see a large first deposit bonus available for anyone that signs up for a DraftKings account. Sports bettors in the Buckeye will also State will also join the DraftKings Dynasty Rewards loyalty program. It already offers Daily Fantasy Sports in Ohio, and DraftKings should be one of the first brands to enter the legal sports betting market when it gets underway.

DraftKings Promo Code Pennsylvania

DraftKings has offered a popular online sportsbook and online casino in Pennsylvania for several years. The DraftKings Pennsylvania promo code for the casino will earn you a $60 no deposit bonus, followed by a 100% deposit match up to $2,000 plus an extra $25 in bonus bet credit, meaning $2,085 is up for grabs. Pennsylvania sports betting fans can also claim hundreds of dollars in bonus bet bonus credit via the DraftKings Sportsbook promo code Pennsylvania.

DraftKings Promo Code Tennessee

DraftKings Sportsbook has been available in Tennessee since November 2020. It is the official sports betting partner of the Nashville Predators, which has boosted its brand in the state. There are no casinos in Tennessee, so DraftKings TN was not required to tie up an access deal. Claim the DraftKings Sportsbook promo code Tennessee today to grab the best available offer.

DraftKings Promo Code Virginia

DraftKings launched its online sports betting site and mobile app in Virginia in January 2021. It was the 12th state in which DraftKings Sportsbook went live. You can claim the DraftKings Virginia promo code if you do not yet have an account. You will then join the DraftKings loyalty program, which allows you to earn points for placing bets and exchange them for site credit and other rewards.

DraftKings Promo Code West Virginia

West Virginia is one of just five states in which DraftKings offers an online sportsbook, casino and DFS platform. It operates on the master license of Hollywood Casino at Charles Town Races. You can claim hundreds of dollars in bonus bet credit at the DraftKings online sportsbook and casino if you activate the DraftKings West Virginia promo code today.

DraftKings Promo Code Wyoming

DraftKings is one of just two online sportsbooks in Wyoming, along with BetMGM. You only need to be 18 to bet on sports in Wyoming, compared to 21 in the rest of the country. You can claim your exciting DraftKings Wyoming promo code offer today and start betting on football, basketball, baseball, hockey and lots of other sports.

DraftKings Bonus Terms

You will be able to claim a DraftKings Sportsbook promo code if you are physically located in one of the states listed above. You do not need to actually live in the state, so you can drive into one of those states to claim a DraftKings bonus code. The DraftKings Sportsbook promo code is for new customers only, but you can claim it if you are already a DraftKings Fantasy user. Just click the link provided and you will automatically gain the best available DraftKings bonus code today.

How to Redeem and use the DraftKings Promo Code

The process for redeeming a DraftKings Sportsbook promo code is easy. We have provided steps below to walk you through it:

• Click on the link we have provided to visit DraftKings.com and you will land on a page that details the sign-up offer.

• Click on the green “Sign Me Up” button to begin the registration process.

• You will be asked to choose a username, provide your email address and select a password. You can then fill in your personal details, including the last four digits of your SSN.

• That is normally enough to verify your identity, but you may be asked to scan the front and back of your driver’s license or upload documents as part of the KYC process. This takes just a few seconds.

• When you have completed the sign-up process, you can make a deposit. The minimum deposit to claim a bonus is just $5, compared to $20 at rivals such as Caesars, so DraftKings Sportsbook is great for casual players.

• If you have claimed a deposit match offer, the funds will be credited to your account. If it is an odds boost bonus, place your qualifying wager and you will receive your funds after it has been graded.

Check Bonus Funds on the DraftKings Mobile Betting App

There is an “Active Bonuses” option within the account section of the DraftKings Sportsbook mobile betting app. Tap on that to see details of your bonus funds. If there are release requirements or wagering requirements to complete, you can monitor your progress via a status bar. When the requirements have been completed, the bonus funds will go into your general account balance.

How long do Bonus funds take to arrive?

You should receive your bonus funds very quickly. If it is a deposit match bonus and a bonus bet, they will be credited to your account instantly. If you have claimed a “bet and get” bonus or an odds boost, the funds will be issued as soon as the qualifying bet is settled.

DraftKings User Experience and Interface Review

DraftKings offers a very impressive user experience and interface. It merged with SBTech, one of the world’s leading white-label sportsbook providers, a couple of years ago, so it has a wealth of in-house talent to work on the interface. It is very slick, attractive and user-friendly. The DraftKings mobile app is also terrific, and the exceptionally high average scores it has received from users on the app stores underline that sentiment.

Deposit & Withdrawal Methods at DraftKings 

Deposits and withdrawals are smooth, secure and easy at DraftKings Sportsbook. You can use Visa, Mastercard or Discover to fund your account. It also accepts bank transfers, e-checks or wire transfers. You can use PayPal, Play+ or cash at the casino cage too. All deposits and withdrawals are free at DraftKings. Deposits arrive instantly, while withdrawals are processed quickly. The fastest withdrawal options are PayPal and Play+, but you can alternatively go for a bank transfer or an e-check, or you can visit a retail sportsbook for a cash payout. DraftKings is a trustworthy, licensed, legitimate online sportsbook brand that delivers prompt, secure payouts.

DraftKings Rewards & Loyalty Program

The DraftKings Dynasty Rewards loyalty program is open to all players. You will start off in the “Bronze” tier. You will earn 1 Crown (a loyalty point) for every $2 spent on sports, for every $1 spent on DFS contest entry fees and for every $2 spent at the DraftKings Marketplace. Crowns are also available for casino customers. You can exchange 100 Crowns for $1 in bonus bet credit, known as a DK Dollar, giving them a value of $0.0018.

The Crowns can be redeemed for bonus bet credits, contest entries, merchandise, experiences, gift cards and even vacations. When you have accrued 25,000 Crowns, you will progress to the “Silver” tier. You can then progress to the “Gold” level with 125,000 points, “Diamond” with 500,000 and “Onyx” with 1 million. The rewards improve as you climb up the ladder, as do the accrual boosts you receive. There are lots of exclusive perks if you qualify for the DraftKings VIP program.

Conclusion on DraftKings Promo Codes 

 Signing up for a DraftKings Sportsbook account is a no-brainer. You will instantly unlock hundreds of dollars in bonus funds, and they come with very generous wagering requirements, so your chances of earning a profit are high. DraftKings Sportsbook also runs a great loyalty program and provides a ton of odds boosts to maintain your loyalty. It is a terrific online sportsbook with competitive odds, a wealth of prop bets, secure payouts and a perfect security record, so we recommend signing up and claiming your DraftKings Sportsbook promo code today.

DraftKings Sportsbook FAQs

What is the best promo code for DraftKings?

The DraftKings Sportsbook promo code for new customers changes on a regular basis. You can normally wager $5 at huge odds on an upcoming game, or you will receive a deposit match welcome bonus along with bonus bet credit. Check out our DraftKings deposit bonus code guide to claim the best available offer from this legal sports betting operator today.

How do you get a DraftKings bonus?

Click the link we have provided to claim the best DraftKings promo code today. The code will then be automatically inserted (if needed) when you are filling in the registration form, ensuring you receive a lucrative DraftKings Sportsbook bonus. Additional DraftKings Sportsbook promotions will be found in a dedicated section of the DraftKings Sportsbook app and website, and you can simply opt in if you want to claim them.

Who can Redeem this DraftKings Promo Code Offer?

The DraftKings signup promo code is available to all new customers that are physically located in a state that has issued DraftKings Sportsbook a license. You can claim it if you have a DraftKings Fantasy account. You will need to prove that you are old enough to take part in legal sports betting, so be prepared to provide personal details when signing up via the DraftKings Sportsbook mobile app.

Are there any specific rules that apply to be eligible for Promotions?

The DraftKings sign-up bonus is only available to new customers, so you cannot claim it twice. You must be in a state in which DraftKings holds a license, such as New York, New Jersey, Illinois, Pennsylvania, Michigan or Arizona. You must be aged 21 or older, unless you are in Wyoming, where the minimum age to use a sportsbook mobile app is 18.

Will I keep the Promo money until I personally choose to use it?

Any funds you receive from a DraftKings deposit bonus or any other promo code Draft Kings is offering will go into your account balance. It is essentially DraftKings money, but it will only be converted from DK Dollars into withdrawable cash after you have completed the necessary rollover requirements. Check the DraftKings bonus bet terms to see how long you have to complete the requirements.

Does DraftKings match deposits for new customers?

DraftKings Sportsbook regularly offers a sign-up bonus whereby it will match 20% of your initial deposit amount, up to a maximum of $1,000. It also throws in a $50 bonus bet as part of the deal, which is similar to a DraftKings no deposit bonus. You will often see alternative DraftKings promotions, such as the recent “Bet $10, Get $280” deal.

Are there any DraftKings Promo Codes Required?

You will need a DraftKings Sportsbook promo code to claim the best available offer. If you click the link we have provided, it will all be taken care of automatically, so you will not need to type anything in. Check out our DraftKings welcome bonus guide for more details about the DraftKings Sportsbook offers you can claim.

Do I have to deposit to use the DraftKings Promo Code?

You normally need to make a deposit and place a qualifying wager to claim a DraftKings offer. There is often a DraftKings no deposit promo code, where you get a $50 bonus bet, but you need to deposit at least $5 to receive it, with the $5 going towards the 20% deposit match offer. DraftKings offers lots of convenient deposit methods, and you do not need to risk much of your own money to unlock a large amount of bonus credit.

Are all the Promos available to Mobile Players?

All DraftKings Sportsbook promo code offers are available to mobile players. You can download the DraftKings mobile app for your Android or iOS device, and you will be able to bet on thousands of sporting events each week. You can conduct all your banking via a mobile device and take part in the loyalty program, which covers sports betting, casino gaming and Daily Fantasy Sports contests.

Is DraftKings Sportsbook legal?

DraftKings offers legal sports betting in several states across the country, from Arizona and Connecticut to West Virginia and Wyoming. Sports bettors will receive a large sign-up bonus after downloading the DraftKings app or visiting the DraftKings website to bet online. Check out our DraftKings Sportsbook promo codes guide for details on the NBA playoffs promo, the first deposit offers and other promotions available via the DraftKings sports betting app.