There’s an exciting new promotion at DraftKings that you won’t want to miss. Whether you’re following the NFL season or gearing up for NBA action that is also in full swing, DraftKings has a $200 bonus offer that makes it easy for new users like you to jump in on the action.
21+ Gambling Problem? Call 1-800-Gambler
With just a $5 initial bet, you can score a quick $200 in bonus bets. This bonus is instantly added to your account regardless of whether your initial bet wins or loses.
Ready to claim your own $200? We have everything you need to know.
DraftKings is offering this promotion as a simple, no-fuss way for you to start betting on NFL and NBA games with a hefty bankroll in your account. Here’s how it works—
Sign up through our promo link. New users must register for a DraftKings Sportsbook account through our exclusive bonus link to activate the offer. The signup process takes just 2-3 minutes.
Make a deposit of at least $5. Once you’re signed up for DraftKings, you’ll need to make a minimum deposit of $5 to qualify. Sure, you can deposit more.
Place a $5 wager on any available market. This is your qualifying bet. You don’t need to worry about specific odds or betting requirements for this initial wager — DraftKings keeps it simple. You’re not limited to the NBA or NFL, either.
Receive $200 in bonus bets instantly. The best part? You get $200 in bonus bets as soon as you place your qualifying $5 bet. This bonus is awarded to you regardless of the outcome of your first bet. Win or lose, you get the bonus!
Once the $5 wager is placed, DraftKings instantly credits your account with 8 separate $25 bonus bets, totaling $200 in betting power.
Whether you’re a huge football fanatic or a casual basketball enthusiast, these bonus bets give you several opportunities to place wagers across various games, spreads, player props and so much more.
While this promotion is as straightforward as it gets, it’s essential to know the specific terms to make the most of your bonus. Here’s a rundown of the key details you should know before jumping on it—
No promo code required. The offer automatically activates once you sign up through a qualifying link, so you don’t have to worry about entering a promo code.
Available for new users only. This bonus is exclusive to new DraftKings Sportsbook customers. Existing customers aren’t eligible.
Bonus bets must be used within 7 days. You’ll have 168 hours from the time the bonus bets are credited to your account to use them. After that, they expire, so make sure to place your wagers within the week.
Bonus bets have no cash value. These bonus bets can’t be withdrawn or converted into cash—they’re strictly for wagering purposes.
Eligible states and age requirements. The promotion is available only in states where DraftKings Sportsbook is licensed to operate, and you must be 21 years or older to participate.
The $200 bonus from DraftKings comes in the form of 8 $25 bonus bets. This isn’t unusual and they’re not trying to steer your bets. They just need a way to get you the offer.
This structure gives you flexibility in how you want to bet and try out different markets.
For example, you could use one $25 bonus bet on an NBA moneyline, another on an NFL prop, and a third on an over/under bet.
Or, if you prefer, you could place all 8 bets on NFL games in a single weekend to max out your potential return.
This setup gives bettors like you a chance to try different strategies without risking their own money on every bet. Whether you like to bet on spreads, player props, or even game totals, you can use each $25 bonus bet on a different kind of wager to get a feel for DraftKings’ sports betting platform.
With both the NFL season in full swing and the NBA season just tipping off, you’ll have no shortage of betting options to use these bonus bets. While we won’t get into the analysis here (check our other posts for picks and predictions, here are some smart strategies to maximize their value and get the most out of the DraftKings bonus offer.
NFL games are some of the most popular bets among sports bettors as they love them for their various spread and total betting options.
For example, if you’re looking at the matchup between the Houston Texans and New York Jets this weekend, you might use 1 of your $25 bonus bets to take a bet on the Texans covering the spread. Or, if you’re betting on a high-stakes matchup with two strong offenses, like the Buffalo Bills vs. Miami Dolphins, you could place a bet on the total (over/under) points for the game.
The NBA offers numerous betting opportunities, especially with player props and moneylines. With a matchup like the Dallas Mavericks vs. Minnesota Timberwolves, you could place a moneyline bet on the Timberwolves if they’re favored at home. Or, you might place a player prop bet on Luka Doncic to score over a certain number of points, rebounds, or assists. Player props are particularly exciting for fans who follow star players closely.
DraftKings offers live betting, which allows you to place bets as the game unfolds. This unique betting style is a great way to use your bonus bets strategically, especially if you like watching games live and have a good read on the momentum of a matchup. For example, if the Dallas Cowboys are facing the Atlanta Falcons and the Cowboys start the game slowly, you might get better odds on the Cowboys to win as the game progresses if you think they’re going to turn it on in the second half.
If you’re feeling ambitious, you could combine multiple bets into a parlay. While parlays are riskier since each leg of the bet has to win for the entire bet to pay out, they offer much higher payouts. For instance, you could use your bonus bets to place a parlay on the outcomes of multiple NFL or NBA games over a weekend. There are even SGP (same-game parlays) that combine multiple instances in a single game into a single bet.
A small $25 bet on a well-constructed parlay could yield a massive return if all your picks are correct.
This $200 bonus offer is a great way to get started on DraftKings, but using it wisely can make your experience even more enjoyable than ever. Here are some tips to cash in and make the most of this opportunity—
Spread your bets wisely. Since you’re getting 8 $25 bets, avoid using all of them on a single game or market. Spread them across different sports, games, and bet types to try out the platform and increase your chances of winning.
Stay on top of the 7-day expiration. DraftKings gives you 1 week to use the bonus bets from the time they hit your account. Plan your bets so you don’t end up scrambling to use them all on the last day and making bad calls. Track upcoming NFL and NBA games you’re interested in, and make sure you’re ready to place your bets within the expiration window.
Consider smaller risk-reward opportunities. While parlays and prop bets can be exciting and inherently lucrative, they’re also higher risk. You might want to start out using a couple of your bonus bets on safer options like NFL game spreads or NBA moneylines to ensure you have some bets with a fairly solid chance of paying out.
Use in-play betting strategically. Live betting is dynamic and offers unique opportunities to adjust your bets based on how a game is going. It’s also one of the funnest and most exciting ways to engage with the action, especially if you’re watching the game as it unfolds.
Of course, these are just some recommendations and your betting style might differ. However, if you’re new to sports betting, these might be the best bet for you.
If you’re ready to get in on the action, head to DraftKings and take advantage of this $200 bonus offer by signing up through the promotional link we provided above.
The sign-up process is quick and painless, and with no promo code needed, you’ll be eligible for the bonus as soon as you make your first deposit and bet.
This promotion is an easy, low-risk way to test out DraftKings’ sportsbook to see what it’s all about. You’ll be able to experiment with different betting strategies and see which sports or bet types you enjoy most.
DraftKings’ $200 bonus offer on a $5 bet is a perfect way for new users to experience sports betting without a massive upfront commitment from their own pocket. With both NFL and NBA seasons underway, there’s plenty to bet on, from Sunday football matchups to nightly NBA games.