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DraftKings Promo Code: Bet $5, Win $200 in Bonus Bets

Alex Payton

DraftKings Promo Code: Bet $5, Win $200 in Bonus Bets image

The DraftKings promo code provides an instant bonus, and it's one of the best ways for new sports bettors to get started with online sportsbooks. DraftKings is currently available in over half the states throughout the country, and the welcome offer supplies first-time users with an offer to bet $5 and get $200 in bonus bets (if they win).

Right now, sports bettors have a myriad of options for placing wagers as another football season is rolling along, with seemingly daily NFL and college football action. Daily MLB regular season action continues to roll along, while weekend UFC cards, as well as soccer around the globe, provide even more possibilities for betting, and DraftKings Sportsbook offers markets for all the exciting action.

DraftKings Promo Code for New Players (October 2025)

DraftKings Promo CodeDetails
💰 DraftKings Promo CodeBet $5, Get $200 in bonus bets (if you win)
💲 DraftKings Minimum Deposit$5
🎲 DraftKings Promo Betting Requirement$5+ First Bet
➡️ DraftKings Sportsbook PlatformsiOS (Apple App Store), Android (Google Play), Web Browser
📲 DraftKings App NameDraftKings Sportsbook & Casino
🇺🇸 DraftKings Sportsbook Available StatesAZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY
📅 DraftKings Promo Last VerifiedOctober 5, 2025

DraftKings Sportsbook is one of the most popular betting platforms in the country, and the new user promo code is a big reason for that status. Currently, first-time players on DraftKings Sportsbook can claim a generous welcome offer at sign-up to bet $5 and get $200 in bonus bets (if their bet wins).

New users can place their $5+ first wager on any qualifying market to receive the bonus bets reward (if they win). The $200 bonus will be paid out as soon as the qualifying wager is settled as a win. With the welcome bonus awarded right out of the gate, new players can have the ability to continue wagering on the DraftKings platform using bonus bets rather than having to make an additional deposit right away.

How to Get the DraftKings Promo Code

How To Get DraftKings Promo Code

DraftKings Sportsbook

It's very easy for new users to get the DraftKings Sportsbook promo code, and they can claim the welcome offer by clicking the linked promo on this page. Follow the step-by-step process detailed below to score the DraftKings new user offer and get a fast track to the instant sportsbook bonus.

  1. Click the DraftKings Promo Code link on this page.
  2. Enter the required information to register for an account on DraftKings: full name, email, address, phone number, date of birth, and Social Security.
  3. Agree to the DraftKings Sportsbook terms and conditions and confirm your account.
  4. Make a $5+ initial deposit and first bet to satisfy the promo code requirements.
  5. Receive $200 in bonus bets (if you win) to use on DraftKings Sportsbook.

This sign up bonus for DraftKings users in over 20 states throughout the country, as DraftKings is one of the most popular betting platforms in the game.

Place Your First $5 Bet on DraftKings

The user-friendly nature of the welcome offer cannot be emphasized enough when breaking down the DraftKings Sportsbook promo code. However, it must be noted that new users need to win their first bet to claim the instant $200 bonus.

To ensure that new users on DraftKings secure the bonus bets from the sign-up offer, they should target a "lock" with favorable odds to place a $5 minimum first bet. The promo is paid out as soon as the qualifying wager wins, which means there's no need to make another deposit if you wager is successful. As soon as the first bet ($5 minimum) has been settled as a win, new users will receive the $200 bonus.

Why Choose the DraftKings Promo Code

DraftKings Promo Code Bet 5 Get 300 Instantly

DraftKings

There are many reasons why the DraftKings welcome offer is one of the best ways for new users to get started with online betting. It's a bet-and-get style offer, and it's very low-risk, only requiring a simple $5+ first wager win to activate the promo.

Bet-and-get offers have become increasingly popular with major sportsbook operators, as they are extremely user-friendly promos to get new players started. The DraftKings welcome offer is a true premium as far as bet-and-get promos go.

As soon as a new player registers for a DraftKings Sportsbook account using the DraftKings Sportsbook promo code and places a $5+ first wager (bet must win) they will receive $200 in bonus bets.

DraftKings Sportsbook Promos Today (October 5)

DraftKings Sportsbook Promos Today

DraftKings

DraftKings Sportsbook keeps a constant refresh of promos for bettors to score bonus offers to wager on some of the hottest markets available. Users can log-in to the DraftKings app and click the Rewards tab to view all the available sportsbook promos.

Promos in the DraftKings app include Profit Boosts, No Sweat Offers, Bet and Get Offers, Parlay Boosts, Odds Boosts, and other impressive bonuses.

Here's a look at the available promos in the DraftKings Sportsbook app today (October 5)

  • Vikings vs Browns 33% Live Boost: Get a 33% Profit Boost for any Live bet on Vikings vs. Browns in London
  • NFL 33% TD Scorer Profit Boost: Get a Profit Boost for any TD Scorer bet on Week 5 NFL games
  • NFL RedZone 30% Next TD Scorers Profit Boost Pack: Get three Profit Boosts for any Live Next TD Scorer bet
  • Bills vs. Patriots SGP Boost: Get a Profit Boost to use on a Patriots vs. Bills SGP bet today
  • NFL Parlay Boost: Get a Profit Boost to use on an NFL Parlay, SGP, or SGPx bet today
  • Chiefs vs Jaguars SGP Boost: Get a Profit Boost to use on a Chiefs vs. Jaguars SGP bet today
  • MLB Playoffs 25% SGP Boost Every Game: Get a 25% Profit Boost to use on a 4+ leg SGP bet for every MLB game this Postseason
  • Unlimited Live MLB HR Boost: Get a Live MLB HR Boost each time you place a Live MLB HR bet
  • Soccer Weekend Profit Boost: Get three (3) profit boosts to use on any Soccer SGP(x) bets this weekend
  • WNBA Finals Game 2 SGP Boost: Get a Profit Boost to use on a 3+ leg SGP bet for today's Mercury vs. Aces game
  • NHL Team & October Futures Profit Boost: Get a 25% profit boost on NHL Team and October Futures
  • MLS Season Pass Bet & Get: Make any $5+ Soccer bet and get a free MLS Season Pass subscription
  • Refer-a-Friend: Score up to a $200 bonus with a 100% match of a friend's first $25+ deposit

DraftKings Promo Code User Review

The DraftKings Sportsbook app has received hundreds of thousands of favorable reviews, and the new user promo code is a big reason for the positive feedback from sports bettors. While some sportsbook platforms require a large initial deposit and first bet to maximize the value of the new user promo, the DraftKings offer is very low-commitment.

With the DraftKings Sportsbook promo code, the minimum deposit amount is the same as the minimum wager amount, just $5. That means a simple $5 entry fee to DraftKings Sportsbook can bring back $200 in bonus bets (if the qualifying bet wins).

It doesn't get much more user-friendly, and that can certainly be reflected by the 4.8/5-star rating, with over 840,000 reviews for the DraftKings Sportsbook app on Apple. On Google Play, the DraftKings app has a 4.3/5-star rating with over 171,000 reviews.

DraftKings Promo Code Review

Google Play

The DraftKings bonus code is simply one of the best ways for new users to get started with online sports betting, and the DraftKings mobile app makes the entire promo code process extremely simple.

How the DraftKings Promo Code Stacks Up vs. Competitors

SportsbookPromo Code OfferPromo Betting RequirementMax Bonus Value
DraftKingsBet $5, Get $200 in Bonus Bets (if your bet wins)$5+ First Bet$200
FanDuelBet $5, Win $300 in Bonus Bets$5+ First Bet Win$300
bet365$150 in Bonus Bets or $1,000 First Be Safety Net$5+ First Bet$1,000
BetMGM$150 in Bonus Bets or $1,500 First Bet Offer$5+ First Bet$1,500
CaesarsBet $1, Get Ten (10) 100% Profit Boosts$1+ First Bet$250

When stacking up the DraftKings promo code vs. competitor offers, it's easy to see why so many sports bettors opt to sign-up on the DK platform.

Both bet365 and BetMGM Sportsbook offer a higher total bonus value ($1,000 and $1,500), but the user would need to bet (and lose) the maximum promo amount to unlock those bonus bets. The first bet offers from bet365 and BetMGM operate more as an insurance policy.

The Caesars Sportsbook promo code can bring back up to $500 in bonuses, but that would require the user to win each of their twenty [profit-boosted] bets.

DraftKings Sportsbook offers the best combination of low-risk and high reward, with just a $5+ first wager bringing back $200 in bonus bets (if the bet wins).

DraftKings Promo Code Terms and Conditions

Just like any sportsbook promo code offer, the welcome bonus from DraftKings carries terms and conditions that are important for users to understand.

DraftKings Promo Eligibility Requirements

  • New Users Only: The DraftKings Sportsbook promo is only available for new DraftKings Sportsbook customers who have never created an account before.
  • Legal Betting Age: All DraftKings users must be 21+ years of age or older, or 18+ in specific states like Washington D.C., Kentucky, and Wyoming.
  • Location: DraftKings Sportsbook users must be physically located in one of the eligible states where DraftKings is available.
  • Restrictions: Users who are ineligible to wager on DraftKings due to self-exclusion, employment restrictions, or if the user has previously claimed a pre-launch offer are not eligible.

Claiming the DraftKings Sportsbook Promo

  • Deposit: Users must make an initial deposit ($5 minimum) to qualify for the bonus bets.
  • Qualifying Wager: DraftKings Sportsbook users must place a qualifying bet of at least $5 (-500 minimum odds) to trigger the $200 bonus bets reward.
  • Winning Wager Requirement: New users on DraftKings must win their first $5+ qualifying wager to receive the $200 bonus.

Using Bonus Bets from the DraftKings Promo Code

  • Bonus Bets Payout: The bonus bets from the DraftKings promo code are paid as eight (8) tokens of $25 and are awarded within 72 hours of the qualifying bet settling.
  • Playthrough Requirements: Bonus bets from the DraftKings promo must be wagered once (1x) before they are eligible to be withdrawn. The bonus bets are not included in any cash winnings, nor are they transferable or refundable.
  • Expiration: DraftKings Sportsbook promo code bonus bets expire seven (7) days after issuance.

DraftKings Sportsbook Promos and Bonuses

DraftKings Sportsbook App Promos Bonuses

DraftKings

In addition to the standard new user offer available at sign-up, DraftKings also provides bonuses and promo offers for existing users on the platform.

Parlay Boosts

Among the most commonly available promos on DraftKings are Parlay Boost offers. These promos are very easy for users to claim and activate. After securing the Parlay Boost Token from the DraftKings app Promos section, users can craft their wager and apply the Parlay Boost in the betslip. If the wager is successful, the payout will be increased by the percentage of the Parlay Boost.

Oftentimes, Parlay Boost bonuses on DraftKings are sport or market-specific. 

No Sweat Bets

DraftKings Sportsbook users can claim No Sweat Bet offers for major leagues like the NFL, NBA, MLB, NHL, and other popular sports. These offers allow users to place a wager (up to a specified amount), and if that wager loses, the user will get back a bonus bet.

These promos are typically sport-specific or even market-specific. For example, a No Sweat Bet offer for MLB Home Run markets or NBA Three-Pointer markets.

Profit Boosts

Profit Boost Tokens are regularly made available for DraftKings Sportsbook users, allowing them to increase their winnings on successful bets. Profit Boost offers on DraftKings are typically specific to a sport/league or market and can provide an increased payout on winning bets.

To use a DraftKings Profit Boost, opt into the promo and then apply the boost in the betslip before locking in the wager. There is usually a minimum/maximum wager amount associated with DraftKings Profit Boost bonuses, so be sure to read the terms and conditions first.

Promotional Offers

DraftKings users will often have the opportunity to score promotional offers as major sports leagues gear up for another season. In addition to the NFL Sunday Ticket offer (part of the DraftKings new user promo code), DraftKings is currently running an offer for users to opt in and make any $5 Soccer bet to get a free MLS Season Pass Subscription. Past iterations of this offer have included  NBA League Pass and other popular streaming platforms.

Jackpot Pools

Jackpot Pools are some of the classic DraftKings promotions, allowing users to potentially win massive prizes for very modest entry fees. Many DraftKings Jackpot Pools are free to enter, with some of the larger pools requiring fees of $2 or $3. After entering the Jackpot Pool, users are required to answer a set of 15 questions. If the user answers all 15 questions correctly, they will win the Jackpot.

For most pools, the prize is initially set at $10,000. Each time an entry is made to the pool the jackpot will increase. Users are limited to ten (10) entries per Jackpot Pool.

Refer A Friend

Users on DraftKings can share the fun with a friend to get a bonus for both parties. In the promos tab of the DraftKings app, each user has a unique referral code that can be sent to a friend.

When that friend registers for an account using the referral code and places a qualifying wager, both parties will receive a sportsbook bonus.

DraftKings Sportsbook Available States

DraftKings Sportsbook Available States

DraftKings Sportsbook

DraftKings is one of the most readily available sportsbook platforms in the country, currently live in either online or in a retail setting (or both) in over 20 states nationwide.

The list of available DraftKings Sportsbook states is as follows: Arizona, Colorado, Connecticut, Washington DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

DraftKings is seemingly always in the mix when a new state launches sports betting, meaning this list should continue to expand as the legal sportsbook industry spreads across the country.

DraftKings Deposit Methods

There are a variety of deposit methods available for DraftKings Sportsbook users, allowing them to fund their accounts after registration. Currently, the list of accepted DraftKings payment methods is as follows:

  • Credit/debit cards
  • ACH bank transfer
  • Wire transfer
  • PayPal
  • Venmo
  • Apple Pay
  • VIP preferred e-check
  • Play+ prepaid card
  • PayNearMe
  • DraftKings gift card

DraftKings Withdrawal Methods

DraftKings users also have several withdrawal methods available to receive payouts. The current list of DraftKings Sportsbook withdrawal methods includes:

  • Debit cards
  • PayPal
  • Venmo
  • Apple Pay
  • ACH bank transfer

How to Bet on DraftKings

How To Bet On DraftKings Sportsbook

DraftKings Sportsbook

Betting on DraftKings is very easy to do, and there are so many different ways to wager. Users can bet on popular markets with regularly seen bet types, in addition to niche markets and wagers for more intricate bettors.

Here are some of the bet types available on DraftKings:

  • Moneyline: Bet on either team to win the game outright. Favored teams will have (-) odds, while underdog teams will have (+) odds.
  • Point Spread: Bet on either team to cover the pre-game point spread. Favored teams will be giving (-) points, while underdog teams will be getting (+) points. A point spread bet that ends in a tie is considered a push, and the user is refunded.
  • Over-Under Total: Bet on the two teams to combine to score over or under the pregame total number. Over-under bets that end in a tie are considered a push, and the user is refunded.
  • Player Props: Bet on individual players to record specific stats within a game. Player prop bets do not take team win/loss into account; they are strictly individual player-based.
  • Live Betting: Place a bet after a game has already started. Live betting odds update from moment to moment to reflect the status of the ongoing game, and can provide serious points of value for bettors.
  • Parlay: Combine multiple bets from different games onto the same ticket for multiplied odds. Each individual bet (leg) of the parlay must hit for the ticket to be cashed. If any of the individual legs are lost, the ticket is lost. If any of the individual legs end in a tie, they are considered a push and voided from the parlay ticket.
  • Same Game Parlay: Combine multiple bets from the same game onto the same ticket for multiplied odds. Each individual bet (leg) of the parlay must hit for the ticket to be cashed. If any of the individual legs are lost, the ticket is lost. If any of the individual legs end in a tie, they are considered a push and voided from the parlay ticket.
  • Futures: Bet on a future outcome to occur, like a team to win a championship, conference, division, or record a certain number of wins throughout the season.

DraftKings Dynasty Rewards

DraftKings Sportsbook Dynasty Rewards

DraftKings

DraftKings users will earn rewards as they play, thanks to the Dynasty Rewards program. The DraftKings Dynasty Rewards Program is one of the most enticing aspects of the platform, and all new users are automatically enrolled when they create an account.

Users will then earn Crowns and Tier Credits anytime they bet on DraftKings platforms like the Sportsbook, Daily Fantasy Sports, or Casino (including Golden Nugget Casino). DraftKings Crowns can then be redeemed in the Dynasty Rewards section to secure bonuses like DK Dollars (betting credits) or used in the Dynasty Store to purchase items like merch, gift cards, and others.

The Tier Credits are essentially the status of the user in the DraftKings Dynasty Program, and users will receive more as they progress through the ranks. Once the user has totalled enough credits, they will progress to the next tier and hold that ranking until the end of the next calendar year.

Here's the breakdown of DraftKings Dynasty Rewards Tiers:

Tier LevelTier Credits per Calendar Year
Bronze Tier0 - 4,999 Tier Credits in a calendar year
Silver Tier5,000 Tier Credits in a calendar year
Gold Tier25,000 Tier Credits in a calendar year
Diamond Tier90,000 Tier Credits in a calendar year
Onyx Tier175,000 Tier Credits in a calendar year + Invite Required

DraftKings Promo Code FAQ

Some of the popular questions regarding the topic of the DraftKings Sportsbook promo code.

What is the DraftKings Promo Code?

The DraftKings Promo Code unlocks an offer for new users to bet $5 and get $200 in bonus bets (if your bet wins): This is a bet-and-get offer, meaning the $200 bonus bets will be paid out if the user wins their $5+ qualifying wager.

Where is DraftKings Sportsbook Available?

DraftKings Sportsbook is currently available in AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, and WY: New users located in these states can click the linked offer on this page to claim the DraftKings sign-up promo.

What is the Minimum Age for DraftKings Sportsbook?

In most states, the minimum betting age is 21 years old, however, there are some states (like Kentucky) that permit users of at least 18 years to legally bet on sports.

Does DraftKings have Promos for Existing Users?

Yes, existing users can claim a variety of promos on DraftKings Sportsbook, including Profit Boosts, No Sweat Bets, and more.

Does DraftKings Have a Loyalty Program?

Yes, DraftKings Sportsbook and Casino use the Dynasty Rewards Program: Any time users play on DraftKings platforms, they will earn points towards their Dynasty Rewards status.

Is DraftKings Sportsbook legit?

Yes, DraftKings Sportsbook is a safe and trusted sportsbook operator that offers a premium online betting platform in over 20 states nationwide: There are several states where DraftKings also operates retail brick-and-mortar sportsbook locations for users to bet in-person.

Alex Payton

Alex Payton is a betting content producer for The Sporting News. A resident of Kentucky, Alex graduated from the University of Louisville in 2017 and is a devoted Cardinals fan. He has several years of experience creating dedicated content for various publications in the online sports betting industry.