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Bet $5, Get $250 in Bonus Bets
Bet & Get
1 Month of NFL+ Premium FREE
NFL Network + RedZone Access
Huge Variety of US & International Markets
Tons of Promotions & Features
VIP & Rewards System
Very Aesthetically Pleasing
Great news: The is back!
Right now, new users can once again get a Bet $5, Get $200 in bonus bets instantly when they sign up for DraftKings Sportsbook.
This is one of the best sportsbook promos around because there’s very little monetary risk: Just sign up, bet $5 on any market and you’ll instantly get $200 in bonus bets - no strings attached!
There is no promo code needed to get this DraftKings Bet $5, Get $200 promo.
What’s more, you also get a $50 No Sweat Same Game Parlay Token to use every day there’s an NFL game.
Keep reading as we tell you everything to know about the DraftKings $200 promo code.
💰 DraftKings Sportsbook Promotion | Bet$5, Get $200 Bonus |
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🎁 DraftKings Sportsbook Promo Code | None needed |
📔DraftKings Sportsbook Promotion Terms | Get $200 in bonus bets credited to your account instantly and a get a bonus bet back equal to your initial wager if your SGP/SGPx doesn't win. |
⚖️ DraftKings Legal States | AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS (retail), NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, WY |
When you sign up for this DraftKings $200 promo code offer, you’ll receive eight (8) $25 Bonus Bets, totaling $200 in bonus bets.
Those bonus bets will expire after seven (7) days and are not eligible for DraftKings odds boosts or to be settled using the cashout feature.
This is one of the best sportsbook promos in the industry because you get your bonus bets instantly and there’s no playthrough requirement - any money you win from these bonus bets can be withdrawn immediately.
NOTE: DraftKings North Carolina launched March 11. Sign up now and get a Bet $5, Get $250 in bonus bets limited time offer!
If you’ve already signed up for DraftKings — be sure to check out these other sportsbook bet and get promotions:
Taking advantage of the DraftKings new customer offer is easy — just follow these steps:
You are not allowed to combine bonus bets or your qualifying wager with odds boosts, profit boost, or bets settled using the cash-out feature.
In order to be eligible for the promotion, you must be a new user present in states where DraftKings Sportsbook is operational.
You might have seen the TV ads with Kevin Hart talking about DraftKings’ No Sweat Bet and been confused by this development.
After all, rival FanDuel made the No Sweat Bet a thing — now DraftKings has grabbed ahold of the term as well. Right now, when you sign up for the DraftKings $200 promo code you’ll get a No Sweat SGP Token worth up to $50.
This extra layer makes the DraftKings $200 promo by far the best on the market - and that’s before we tell you that you get more than one!
DraftKings is giving new users who sign up with the DraftKings promo a No Sweat Bet to use on Same Game Parlays for every day the NFL kicks off.
So how does the DraftKings No Sweat Bet for Same Game Parlays work, you ask? Simple. Once you sign up, you’ll get your 8 $25 bonus bets that come with the DraftKings $200 promo code.
After that, you’ll be able to bet at least $50 on a Same Game Parlay of at least 3 legs. If it loses, you’ll get that amount back in the form of a bonus bet. Let’s take a closer look at the details:
This promotion is great because you only have to deposit and wager $5 to qualify to receive $200 in bonus bets. Even if your first wager doesn’t win, and exceeds $5, you’ll receive $200 in bonus bets.
You can pick any NFL, MLB, NBA, or other moneyline or spread bet. The important thing is winning your first bet, you shouldn’t worry about the odds but just about winning your bet.
You can almost think of this as a odds boost promotion, you bet $5 at (+3000) odds on any wager, so you’ll want to pick the bet with the best odds and chance to win, without worrying about the original odds.
We recommend taking a heavy favorite, the bigger the better, and betting $5 on their moneyline. This would preferably be done in a sport with lower variance.
Either way though, you can’t go wrong with any first bet because you’re getting $200 in bonus bets either way!
An important note with your bonus bets is that they will expire seven (7) days after issuance, so be sure to use them within that time frame so they do not expire and you miss out on your bonus.
It’s also important to know that you will not receive the stake back of your bonus bets. You’ll only receive the profits if your bet wins. So if you place a $25 bonus bet on a bet with odds of (-200), you would only receive the $12.50 in profits and not your $25 stake back.
This incentives bettors to take bets with longer odds — underdogs, parlays, or futures — to maximize the bonus bets. If you take a favorite you might be more likely to win, but you’d also be leaving money on the table.
Since you only receive the winnings of bonus bet wagers, taking a risk and using your bonus bets on wagers with longer odds is the best way to get the most out of your bet and get welcome offer.
Read Anthony Cervino’s DraftKings Sportsbook review to learn more about DraftKings, or simply sign up today by clicking “GET BONUS" at the bottom of this page and start betting!
Promo Type | New User Promo |
SportsBook | DraftKings Sportsbook |
How to Enter | Sign Up & Bet |
Promo Code | None needed |