The thrilling chaos of March Madness is finally here, with 16 games set to tip off on Thursday. Whether you're expecting a top seed like Auburn to cut through the competition or have zeroed in on a Cinderella story hopeful like Arkansas, you can participate in all the action with DraftKings' assortment of sportsbook promos — none better than its bet $5, get $200 in bonus bets reward for new users. The best part? You don't even need a DraftKings promo code to get started.
Bet $5, Get $200
How to unlock the $200 DraftKings offer without a promo code
Since no DraftKings promo code is required to nab the bet $5, get $200 offer, redeeming it is a snap. That said, there are some key terms and conditions to keep in mind. I've outlined them here:
- After registering, make an initial deposit of $5 or more.
- Place your first bet of at least $5 on any NCAA Tournament matchup.
- Whether your wager wins or loses, you'll receive $200 in bonus bets.
- The bonus will come as eight (8) $25 bets.
- If you do not use the bonus bets within seven days, they will expire.
- Remember: A winning wager using bonus bets does not return the stake.
For further expert analysis and insight, dig into our complete DraftKings review.
Get a 50% boost token when you place a March Madness futures parlay
All Users
Bet the Bracket Bet & Get
Place a college basketball futures parlay with at least four legs to receive a 50% CBB parlay boost token! Claim Now
Offer available to first-time customers in the following states: AZ, CO, CT, DC (18+), IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT WY (18+), WV . Not available to residents of Ontario, CA.
Here's how to claim DraftKings' $200 promo for March Madness
The steps to garner your DraftKings bet $5, get $200 in bonus bets reward are simple:
- Sign up – Register a new account for DraftKings Sportsbook. You will not need a promo code.
- Deposit cash – Put down a real-money deposit of $5 to qualify.
- Place a wager – Bet $5 or more on any NCAA Tournament matchup.
- Receive the bonus – Get $200 in bonus bets, win or lose.
Sportsbook promos comparison
Choosing the right sportsbook promo for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.
|
 |
 |
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|---|---|---|---|
| Current Bonus | Bet $5, Get $200, Instantly | Bet $5, Get $200, If Your Bet Wins | $1,500 Bonus Bets Back |
| Promo Code | None Required | None Required | CVRBONUS1500 |
| Bonus Type | Bet & Get | Bet & Get | Second Chance Bet |
| Bonus Amount | $200 Bonus Bets | $200 Bonus Bets | One (< $50) or five (> $50) bonus bets |
| Wagering Period | Seven Days | Fourteen Days | Seven Days |
| Min. Deposit | $5 | $5 | $10 |
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