There’s no DraftKings promo code needed to unlock the bet $5, get $200 bonus bets welcome offer, making it easier than ever for new users to wager on March Madness games like Baylor vs. Mississippi State, Robert Morris vs. Alabama, Lipscomb vs. Iowa State, and Mount St. Mary’s vs. Duke this Friday. This promotion gives new customers a fast path to $200 in bonus bets — just deposit and bet $5 on any market, and you’ll receive eight $25 bonus bets, win or lose.
With four exciting first-round matchups on the schedule, sportsbook promos like this DraftKings offer are a perfect way to amplify your NCAA Tournament experience without needing to enter a DraftKings Sportsbook promo code.
Bet $5, Get $200
DraftKings' 'Bet $5, Get $200' offer awards $200 bonus bets instantly for today's March Madness slate
No DraftKings promo code is required to claim the sportsbook’s current new-customer welcome bonus, but there are several key terms to know. The promotion allows you to bet $5, get $200 in bonus bets instantly, whether your first bet wins or loses. Once you sign up and deposit at least $5, place a qualifying $5 wager on any sports market — including March Madness matchups like Alabama vs. Robert Morris or Duke vs. Mount St. Mary’s — to receive your bonus.
You’ll be awarded eight (8) $25 bonus bets after placing your qualifying wager. In most cases, these are credited instantly, though it could take up to 72 hours due to technical delays. Bonus bets are valid for seven days and can be used on any sports market within the DraftKings platform.
It’s important to note that the stake of the bonus bets is not included in any winnings. For example, if you use a $25 bonus bet on Baylor vs. Mississippi State at +100 odds and win, you’d receive $25 in winnings, not $50. Also, there’s a 1x wagering requirement for any winnings from bonus bets before they become eligible for withdrawal.
This offer is available in most states where DraftKings Sportsbook operates, and no DraftKings Sportsbook promo code is needed to activate it — simply register and deposit to get started.
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DraftKings odds for Friday's early Round 1 games
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.
How to get $200 bonus bets without a DraftKings promo code
New users can claim the DraftKings bet $5, get $200 offer in just a few easy steps. Here’s how to register and start betting on Friday’s slate of NCAA Tournament action:
- Register with DraftKings Sportsbook: Sign up online or download the DraftKings Sportsbook app. No DraftKings promo code is required.
- Deposit at least $5: Use any accepted payment method to fund your new account with a minimum of $5.
- Place your first $5 bet: Wager on any of Friday’s NCAA Tournament matchups, such as Lipscomb vs. Iowa State or Mount St. Mary’s vs. Duke.
- Get $200 in bonus bets: Receive eight $25 bonus bets — win or lose — to use on additional tournament games or any other sport.
Ready to get started? Read our full DraftKings Sportsbook review for more details on the platform and its features.
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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