-
1Claim offer Tap to unlock your bonus at DraftKings.
-
2Register Enter your personal info and create a new account.
-
3Enjoy your bonus Make the minimum deposit and wagering requirements to land your bonus.
DraftKings Promo Code: Bet $5, Get $150
You'll get a guaranteed $150 in bonus bets instantly after claiming the DraftKings promo code and making an initial minimum $5 deposit and $5 wager. Win or lose, DraftKings will credit your new account with six $25 bonus bets that you can use on any sports betting market — including NFL Week 17 Monday Night Football and the College Football Playoffs — within seven days (168 hours).
There's more: Read on to find our how to secure up to an additional $1,000 deposit bonus.
Claim one of the best sportsbook promos of 2024 today.
Offers are not available to residents of Ontario, Canada.
Bet $5, Get $150 if You Win
DraftKings promo code summary for this week
💰 Sign-up bonus | Bet $5, Get $150 |
➕ Additional bonus | $1,000 deposit bonus |
💵 Minimum deposit | $5 |
💵 Minimum wager | $5 |
💲 Eligible bet types | All bet types |
🌎 Eligible states ('Win or Lose' offer) | AZ, CO, CT, IN, MA, ME, NC, OH, PA, WY (18+), WV |
🌎 Eligible states ('If You Win' offer) | DC (18+), IA, IL, KS, KY (18+), LA, MD, MI, NJ, NY, TN, VA, VT |
📱 DraftKings mobile app | iOS & Android ✅ |
🕒 Offer expiry | Jan. 5, 2025 |
✅ Last verified | Dec. 30, 2024 ✅ |
DraftKings promo code terms and conditions
You do not require a DraftKings promo code to secure the operator's 'Bet $5, Get $150' promo, but there are some important terms and conditions to remember:
This DraftKings 'bet and get' offer expires on Jan. 5, 2025, at 11:59 p.m. ET.
Make a minimum $5 deposit and a qualifying wager of at least $5 on any sports betting market to activate the bonus.
Win or lose your first bet, DraftKings will give you six $25 bonus bets instantly if you reside in AZ, CO, CT, IN, MA, ME, NC, OH, PA,WY, or WV. Those in DC, IA, IL, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT must win their first wager to earn the bonus.
If your first bet wins, you also keep the winnings.
New users can also claim DraftKings' secordary welcome offer, where the online sportsbook will match 20% of your initial deposit, up to $1,000 in bonus bets.
The bonus bet stake is not included in any winnings derived from the bonus, which expires seven days (168 hours) from issuance.
Best DraftKings bonus offers for new users
We identify, claim, and test each of the best U.S. sportsbook bonuses to ensure they are reasonable and obtainable for all new users, regardless of years of gambling experience.
The latest 'bet and get' DraftKings Sportsbook bonus is quite simple to unlock, especially since no DraftKings promo code is required. Simply sign up for DraftKings, make the initial qualifying deposit, and place a $5 wager to access your welcome offer.
Bet $5, Get $150
Only keep reading if you have never deposited on any DraftKings betting product.
If you’ve yet to place a bet with DraftKings Sportsbook, this new user-friendly sign-up bonus checks all the right boxes.
Sign up for DraftKings and make a new sportsbook account. Next, confirm your identity and location. Lastly, make a qualifying deposit of at least $5 and a $5 wager on any sports market. Regardless if you win or lose your bet, DraftKings will credit your account with six $25 bonus bets. You must wager each bonus individually and cannot combine them with any additional promo. If you win your $5 bet, you also keep the winnings.
Bet $5, Get $150 if Your Bet Wins
The 'bet and get' DraftKings Sportsbook offer is the same in DC, IA, IL, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT, except for one key difference — you must win your initial $5 wager to receive the six $25 bonus bets. If you lose your first wager, you do not get a DraftKings sportsbook welcome bonus, and are ineligible for claiming any future new-user promos.
$1,000 deposit bonus
New users can also opt for DraftKings' 20% deposit match of up to $1,000. However, we urge you to proceed with caution when choosing this offer. While the $1,000 is eye-catching, you must:
- Make an initial $5,000 deposit to unlock the full bonus.
- Wager a total of $25,000 to receive the full bonus. DraftKings releases your bonus in $1 increments each time you wager $25 on a market with -300 odds or longer.
- Additionally, the bonus is non-withdrawable and carries a 1x wagering requirement that must be met within 90 days before you can redeem any winnings derived from the funds.
- This DraftKings offer is available until 11:59 p.m. ET on Dec. 31, 2024.
DraftKings eligibility requirements
Review the eligibility requirements outlined below before claiming any DraftKings promo code to ensure you can register with the online sportsbook:
The DraftKings age limit requires all bettors to be at least 21 years old, except if you are in DC, Kentucky, or Wyoming, where the minimum legal DraftKings age limit for betting is 18.
You are physically located in a state where DraftKings legally operates — AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, or WY. You do not have to permanently reside in these states but must be within their borders when you sign up for DraftKings and use its online sportsbook.
The 'bet and get' DraftKings welcome bonus is for new users only, meaning you are ineligible to receive the offer if you have claimed a promotion previously.
You are ineligible to use DraftKings if you are on any self-exclusion lists for gambling. If you are struggling, please refer to DraftKings's responsible gaming features for assistance.
How do you enter promo codes on DraftKings?
You can take advantage of the DraftKings Sportsbook sign-up offer quite easily, even if you are a novice sports bettor who is just getting started. Here are step-by-step instructions:
Register
In most states with legalized betting, you’ll be able to download and register with DraftKings Sportsbook in a matter of minutes. Once you're on the login page, just enter some personal information and confirm your identity to sign up for DraftKings. Remember that the minimum age to use DraftKings products varies depending on where you are playing. Please review your state's laws before signing up.
Again, no DraftKings promo code is required to collect the welcome bonus.
Deposit funds
New DraftKings Sportsbook customers must make an initial deposit of at least $5 following the account creation step.
Make a bet
Line up your first $5 wager on any sports market. Remember, if you are from AZ, CO, CT, IN, MA, ME, NC, OH, PA,WY, or WV, you will receive six $25 bonus bets regardless of the outcome of your qua;ifying wager. New users in DC, IA, IL, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT must win their first wager to earn the bonus. You have seven days (168 hours) from issuance to use the bonus funds.
Withdraw winnings
If you win, go ahead and withdraw your winnings. You must complete the bonus' 1x wagering requirement before accessing withdrawable cash winnings. The bonus bet amount is not included with these winnings.
DraftKings in the news
Sportsbook bonus comparison
|
|
|
|
|
---|---|---|---|---|
Welcome bonus | Bet $5, Get $150 | Bet $5, Get $250 if You Win | Bet $1, Get 100% Boost on Next 10 Bets | $1,500 in bonus bets |
Promo code | Not required | Not required | COVERSBONUSDYW | CVRBONUS1500 |
Bonus type | Bet and get | Bet and get | Bet and get | Second chance bet |
Bonus form | Six (6) $25 bonus bets | $250 in bonus bets | 10 100% profit boosts | One (< $50) or five (> $50) bonus bets |
Wagering period | 7 days | 7 days | 14 days | 7 days |
Min. deposit | $5 | $5 | $10 | $10 |
Covers BetSmart Bonus Rating | ⭐ 4.6/5 | ⭐ 4.9/5 | ⭐ 5/5 | ⭐ 4.8/5 |
List of sports you can bet on with DraftKings
DraftKings Sportsbook is one of the industry's most well-rounded sports betting operators, offering competitive betting lines for all of your favorite sports in North American sports, including:
But this is just the tip of the iceberg with DraftKings. From golf and college football to snooker and darts, there's something for everyone at the DraftKings Sportsbook. DK also makes our lists of the best F1 betting sites, best boxing sites, and UFC betting sites in 2024.
DraftKings Live Streaming: NFL Betvision
NFL BetVision lets customers stream in-network and nationally televised NFL games directly within the DraftKings Sportsbook app by placing a bet on the event. Available in U.S. jurisdictions where DraftKings Sportsbook operates and Ontario, Canada, the feature supports bonus bets and remains active even if your bet settles before the game ends.
Best DraftKings bonus offers for existing users
In addition to welcome bonuses offered exclusively to new users, DraftKings Sportsbook regularly provides registered sports bettors with a variety of loyalty rewards and daily bonuses. Sports bettors can also capitalize on league-specific boosted DraftKings bets today.
DraftKings Sportsbook Promo | Description |
---|---|
🏈 NFL TD Scorer Parlay Boost | Get a profit boost token to use on any single NFL Week 16 parlay where all selections are from the 'Touchdown Scorer' markets. |
⚡ All Sports Stepped Up Boost | Earn up to a 105% profit boost to use on various NBA, NCAAB, and NHL wagers during the season. Browse the "Promotions" tab to check availability. |
🏈 Football Parlay Boosts | Get a parlay profit boost to use on a minimum four-leg NFL and/or NCAAF wager. Browse the "Promotions" tab to check availability, including NFL Thursday Night Football matchup. |
🏈 Barstool College Football Playoff Parlay Sweepstakes | Opt-in and place a College Football Playoffs parlay for a chance to win a $1,000 bonus bet for the College Football National Championship on Jan. 20, 2025. Your qualifying parlay must contain at least two selections and have minimum +400 odds or longer. |
👥 Refer A Friend | Invite friends who have yet to register with DraftKings to get a sportsbook referral bonus. Share in the spoils once they have deposited at least $25, and receive $25. The maximum can reach $100. |
⭐ DraftKings Dynasty Rewards | DraftKings Dynasty Rewards is one of the best sportsbook rewards programs in 2024, as it offers increasing rewards based on the amount of 'Crowns' you have. You earn one crown per $2 wagered and can later redeem crowns for perks like bonus bets and event access. Recently, DraftKings enhanced the program and plans to launch an Elite Reward program for top-tier members in January 2025. |
More sportsbook sign-up bonuses
Identifying the right sportsbook bonus is a crucial step in your sports betting journey. Aside from DraftKings Sportsbook, here are some of our favorite sign-up offers available in 2024.
DraftKings sportsbook review
DraftKings is one of the most established and reliable brands in all of sports betting. We love DraftKings Sportsbook's user experience, mobile app, key features, and current new user bonus, which is one of the industry's most straightforward welcome offers in 2024. As avid football bettors, we also love DraftKings' NFL BetVision feature, which allows you to stream games that you wager on directly in the DraftKings Sportsbook app for free.
We would recommend DraftKings to all sports bettors, as it is truly one of the most well-rounded online sportsbooks in 2024. Not only is it one of the industry's best sports betting apps, but DraftKings also has a vast collection of betting markets, and a slew of ongoing promotions that are easy to claim and help build your bankroll. If you're a sports bettor who has yet to try DraftKings Sportsbook, we'd suggest changing that quickly.
Bonuses and promotions | ⭐ 4.6/5 |
Banking and payout speed | ⭐ 4.6/5 |
Key features | ⭐ 4.8/5 |
Security and trust | ⭐ 4.9/5 |
Customer support | ⭐ 4.5/5 |
User experience | ⭐ 4.8/5 |
Betting odds | ⭐ 4.4/5 |
"Great interface. Payouts are literally lightning-quick. Great customer service. Best sportsbook app."
- Google Play reviewer
“I have an account with DraftKings, and it's been a great experience being able to have access to this kind of opportunity to bet and win from your home.”
- Jamar, Google Play Store user
One bonus per new customer. Min. $5 deposit. Min. $5 bet. Get max. $150 issued as non-withdrawable bonus bets that expire in seven days (168 hours). Stake not included with payout. Terms: dkng.co/ftball. Offer expires on Jan. 5, 2025, at 11:59 p.m. ET.
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).
DraftKings at a glance
💰 Sign-up bonus | Bet $5, Get $150 |
🏅 Top feature | Best for grading winners |
💵 Minimum deposit | $5 |
💵 Minimum wager | $5 |
🕒 Payout speed | Within 24 hours |
App Store rating | 4.8/5 ⭐ (737.2K reviews) |
Google Play rating | 4.6/5 ⭐ (153.1K reviews) |
🌎 Eligible states ('Win or Lose' offer) | AZ, CO, CT, IN, MA, ME, NC, OH, PA, WY (18+), WV |
🌎 Eligible states ('If You Win' offer) | DC (18+), IA, IL, KS, KY (18+), LA, MD, MI, NJ, NY, TN, VA, VT |
✅ Last verified | Dec. 30, 2024 |
DraftKings iOS app
What we like
What we don't like
Learn more about what the operator has to offer via our unbiased DraftKings Sportsbook review or see how the sportsbook stacks up against the competition in our FanDuel vs DraftKings and bet365 vs DraftKings sportsbook comparisons.
DraftKings betting odds and restrictions
For all that the sportsbook does well, DraftKings' 'league average' odds are a huge win for bettors. In a vacuum, you can certainly find better value by line shopping with multiple sportsbooks, but DraftKings' competitive lines provided by SBTech round out a truly exceptional and complete sportsbook package.
DraftKings does limit bettors, but this shouldn't be a deterrent for most sportsbook users. However, maximum bet limits on odds boosts can be frustrating. View 'Sport Specific Limits' in the 'General Betting Rules' section for more information. We've outlined the payout limits for the following top U.S. sports betting markets:
🏈⚾ American football and baseball - $1 million for NFL and MLB, including the MLB World Series; $250,000 for additional competitions.
⚽︎ Soccer - $500,000 for top leagues and international events; $100,000 for additional competitions.
🏀 Basketball - $1 million for NBA, Euroleague, and top international events like the Olympics; $250,000 for all other competitions.
🏒 Hockey - $250,000 for NHL and top international events like the Olympics; $50,000 for additional competitions.
🎾 Tennis - $150,000 for all Grand Slam tournaments after the third round; $75,000 for all ATP and WTA tournaments from the quarter-finals onwards; $40,000 for additional competitions.
DraftKings customer service
Registered users can connect with a DraftKings customer support representative by filling out an easy-to-use online form or talking directly via the 24/7 live chat feature. Though the DraftKings customer service number via it's dedicate phoneline only allows for callbacks, you can also reach them on all major social media platforms. Their dedicated staff welcomes your feedback and responds extremely quickly to general inquiries.
- Live chat: 24/7
- Email: sportsbook@draftkings.com
- Phone: Leave a voicemail at 1 (855) 357-2377
- Support languages: English
- X (Twitter): @DK_Assist
DraftKings payment methods
DraftKings supports several popular banking options, making it easy to top up your account and access your sportsbook winnings. PayPal, Play+, Visa, and Mastercard are among the most commonly used deposit and withdrawal options.
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ✅ | ✅ |
Skrill | ✅ | ❌ |
Play+ | ✅ | ✅ |
eCheck | ✅ | ✅ |
Check | ❌ | ✅ |
Online banking | ✅ | ✅ |
Venmo | ✅ | ✅ |
Visa | ✅ | ❌ |
Mastercard | ✅ | ❌ |
Amex (NJ only) | ✅ | ❌ |
Debit card | ✅ | ✅ |
Bank wire | ✅ | ✅ |
Is DraftKings legal?
Yes, DraftKings is legal if you're physically located in one of the 26 states plus DC listed below. Refer to this section to see which welcome bonus you qualify for in December 2024.
What's new: The DraftKings North Carolina promo code went live on March 11, 2024. DraftKings officially went live in DC on July 26, 2024. DraftKings launched in the Wisconsin sports betting market via a retail location on Aug. 28, 2024.
State | Sign-up bonus | Launch date |
---|---|---|
Bet $5, Get $150
|
September 2021 | |
Bet $5, Get $150 | May 2020 | |
Bet $5, Get $150 | October 2021 | |
Bet $5, Get $150 if You Win | July 2024 | |
Bet $5, Get $150 | August 2020 | |
Bet $5, Get $150 | October 2019 | |
Bet $5, Get $150 if You Win | February 2020 | |
Bet $5, Get $150 if You Win | September 2022 | |
Bet $5, Get $150 if You Win | September 2023 | |
Bet $5, Get $150 if You Win | January 2022 | |
Maryland | Bet $5, Get $150 if You Win | November 2022 |
Massachusetts | Bet $5, Get $150 | March 2023 |
Maine | Bet $5, Get $150 | November 2023 |
Bet $5, Get $150 if You Win | January 2021 | |
Up to $100 bonus bet | December 2019 | |
Bet $5, Get $150 if You Win | August 2018 | |
Bet $5, Get $150 if You Win | January 2022 | |
Bet $5, Get $150 | March 11, 2024 | |
Bet $5, Get $150 | January 2023 | |
Up to $100 bonus bet | January 2022 | |
Bet $5, Get $150 | November 2019 | |
Bet $5, Get $150 if You Win | November 2020 | |
Bet $5, Get $150 if You Win |
January 2024 | |
Bet $5, Get $150 if You Win | January 2021 | |
Bet $5, Get $150 | August 2019 | |
N/A | August 2024 (retail only) | |
Bet $5, Get $150 |
September 2021 |
Keep tabs on all states with legal sports betting and find out where DraftKings Sportsbook will come online next.
DraftKings Casino promo
Play $10, Get $100 Back Instantly in Casino Credits
No DraftKings Casino promo code is required to claim DK's latest online casino welcome bonus. New users in Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia can secure $100 in Casino Credits instantly after creating a new account and placing $10 in casino wagers.
Wager $10 or more to earn $100 in Casino Credits instantly.
The Casino Credits promotion has a 1x wagering requirement, meaning you must play through the $100 bonus one time before withdrawing winnings.
You have seven days to meet the Casino Credits offer wagering requirements.
Our DraftKings Casino review outlines everything you need to know about this top-notch operator, including how it scored a 4.3/5 on our Covers BetSmart Rating system.
DK Horse promo
Saddle up for another exciting year of horse racing betting action by registering with DK Horse today. You can put yourself into pole position for every race in 2024 by claiming its latest welcome offer — a 100% match on your initial deposit, up to $250.
We've taken a lap around the track to detail this enticing racebook offer below:
This DK Horse welcome bonus is available until May 26, 2024.
You must make a $25 minimum deposit to qualify. DraftKings Horse will match 100% of your initial deposit, up to $250, in bonus bets.
All bonus is awarded within 72 hours and is withdrawable after completing the 2x playthrough requirements.
DK Horse is only available in the following states — CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, WY.
DraftKings Daily Fantasy promo
DraftKings operates one of the top daily fantasy sports (DFS) platforms in North America. With DraftKings Daily Fantasy, you draft your team, set your lineup, and take on your friends or other DFS players in public leagues. Additionally, you'll earn tier credits and Crowns by entering contests, allowing you to ascend DraftKings' Dynasty Rewards loyalty program rapidly.
Choose from fantasy football, basketball, baseball, hockey, golf, MMA, NASCAR, and more. DraftKings Fantasy is among the best esports betting sites in 2024. DraftKings Fantasy contests include:
Casual: For players who have yet to earn an experience badge but have played over 50 contests.
Head-to-Head: A one-on-one, winner-take-all match-up. Score more points than your opponent, and you win.
50/50s: Finish in the top half of all teams competing to win real cash.
Tournament: Join a private or public contest and win prizes as you advance.
Sign up with DraftKings Daily Fantasy Sports today to receive up to a $500 deposit bonus.
Recent DraftKings updates
Stay tuned to stay abreast of new DraftKings features and legal markets. Here's the latest DK news:
Dec. 18, 2024: A former DraftKings customer is suing the company for sharing their video-viewing habits without permission.
Dec. 7, 2024: A DraftKings user's wife files a lawsuit after he loses $1 million of his family's money.
Dec. 6, 2024: Two U.S. Senators want DraftKings and FanDuel to be investigated for 'possible anticompetitive conduct' within the betting industry.
Dec. 2, 2024: DraftKings is optimistic about iGaming expansion in 2025, says CEO Jason Robins during the fourth annual Craig-Hallum Online Gaming Conference.
Nov. 21, 2024: DraftKings files motion to have its MLBPA NIL case dismissed.
Nov. 20, 2024: Ohio regulator fines DraftKings $425K for accepting wagers on college props after the state banned them.
Nov. 15, 2024: DraftKings hires a government affairs specialist to ramp up lobbying efforts in Texas sports betting push.
Nov. 8, 2024: DraftKings eyes election betting opportunities ahead of 2028.
Nov. 7, 2024: DraftKings lowers its yearly guidance despite a 39% annual Q3 revenue increase.
Oct. 28, 2024: Sports betting influencer and DraftKings ambassador Taylor Mathis has been accused of cryptocurrency manipulation by inflating the price of the $TAYLOR currency and selling her own shares before the price dropped.
Oct. 23, 2024: DraftKings and a former executive are close to settling their ongoing legal dispute. The betting platform accused Michael Hermalyn of taking confidential information to Fanatics Sportsbook when he started working there.
Oct. 21, 2024: A DraftKings customer wins $98K on an NFL parlay in Week 7.
Oct. 18, 2024: DraftKing adheres to the NBA's request to eliminate under prop betting markets for players on short-term contracts months after the Jontay Porter scandal.
Oct. 17, 2024: DraftKings acquires Dijon Systems Limited to help improve its golf pricing.
Oct. 16, 2024: DraftKings partners with Shaquille O'Neal ahead of the 2024-25 NBA season.
Oct. 10, 2024: DraftKings repairs 'nightmare' outage ahead of a big sports night that featured games from the NFL, NHL, WNBA, and MLB Playoffs.
Oct. 9, 2024: DraftKings CEO Jason Robins offers predictions for sports betting's near and distant future at the G2E Conference in Las Vegas.
Oct. 9, 2024: Daily fantasy users in the UK received an email on Friday indicating that DraftKings would no longer be offering DFS services.
Oct. 3, 2024: DraftKings gives an additional $5 million in pursuit of Missouri sports betting.
Sept. 23, 2024: DraftKings and FanDuel double their contributions to Missouri's legal sports betting campaign, with each operator investing $5 million in support of the upcoming ballot.
Sept. 23, 2024: A New York regulator calls out DraftKings for 'misleading' sports betting surcharge that was aborted a few weeks ago.
Sept. 19, 2024: DraftKings gives $5 million to the Winning for Missouri Education campaign, raising the sportsbook's total contributions to more than $10 million.
Sept. 17, 2024: The MLBPA files a lawsuit against DraftKings and other online operators for using its player's images without the union's permission.
Sept. 12, 2024: Massachusetts regulators are investigating DraftKings for a golf betting email the sportsbook sent out in August.
Sept. 6, 2024: DraftKings CEO talks about their proposed surcharge and future plans for tax hikes.
Sept. 5, 2024: DraftKings CEO believes company can catch FanDuel, citing the sportsbook's live betting and various product innovations as key factors for the optimism.
Aug. 29, 2024: DraftKings' Simplebet deal creates an iGaming opportunity for the sportsbook in the future.
Aug. 28, 2024: DraftKings reaches a deal to acquire microbetting technology company Simplebet.
Aug. 27, 2024: DraftKings to open a retail sportsbook in Wisconsin at the Lake of the Torches Casino on Aug. 28, 2024.
Aug. 22, 2024: DraftKings launches 'Electric Poker' platform in Michigan.
Aug. 14, 2024: DraftKings inadvertently sends an email blast about golf bets even if bettors did not place a relevant wager.
Aug. 13, 2024: DraftKings kills sports betting surcharge after FanDuel refuses to implement a similar policy on winning bettors.
Aug. 2, 2024: DraftKings' sports betting 'surcharge' could be less about money, and more about sending a message.
Aug. 1, 2024: DraftKings to start charging a "gaming tax surcharge" on winning bets in four states — Illinois, New York, Pennsylvania, and Vermont.
July 31, 2024: DraftKings announces that it is discontinuing Reignmakers and its NFT Marketplace.
July 26, 2024: DraftKings Sportsbook is officially live in DC, offering new users a 'bet $5, get $200' welcome promotion.
July 23, 2024: DraftKings Sportsbook is officially set to launch in DC, becoming the fourth online sportsbook to operate in the nation's capital.
July 22, 2024: Musburger Media purchases VSiN from DraftKings, allowing the sports betting network to operate separately from the online sportsbook.
July 18, 2024: DraftKings becomes an official sports betting partner of the WNBA.
July 17, 2024: DraftKings unveils its pre-launch offer for DC bettors — sign up today and get $200 in bonus bets on launch day.
July 8, 2024: The New Jersey Division of Gaming Enforcement fines DraftKings $100K for 'unacceptable' errors pertaining to sports betting data.
July 2, 2024: The 'John Doe' is set to be named in the DraftKings extortion lawsuit after withdrawing their request to use a pseudonym in court.
June 28, 2024: DraftKings sets its defense in the 'John Doe' lawsuit — which is requesting at least $1 million in damages against the sportsbook — ahead of the formal dismissal motion.
June 25, 2024: DraftKings denies collusion allegations with a professional sports bettor to extort and threaten other users.
June 14, 2024: A shrewd bettor won over $1.1 million on DraftKings by cashing out a 22-to-1 wager on Patrick Cantlay after the first round.
May 24, 2024: A recent report suggests that DraftKings is about to acquire SimpleBet, a microbetting technology provider.
May 23, 2024: DraftKings adds new product and markets with the finalization of the JackPot acquisition.
May 20, 2024: DraftKings updates its new user welcome offer — $1,500 No Sweat Bet.
May 9, 2024: DraftKings acquires odds provider Sports IQ, which uses "advanced artificial intelligence and machine learning to build proprietary odds for the U.S. sports betting industry."
May 3, 2024: DraftKings CEO eyes bringing sports betting to Texas in 2025.
May 1, 2024: DraftKings wins court battle with former VIP Executive, prohibiting him from bringing VIP clients over to his new position at Fanatics Sportsbook.
May 1, 2024: DraftKings' lottery app Jackpocket announces record number of users during the "most successful month in company history."
April 22, 2024: DraftKings announces that Lori Kalani will be joining the company as its first-ever Chief Responsible Gaming Officer.
April 18, 2024: Fanatics-owned PointsBet records more gross gaming revenue than DraftKings in New Jersey during March.
April 18, 2024: Former DraftKings executive denies breach of contract claims before he joined Fanatics Sportsbook.
April 18, 2024: DraftKings receives a class-action lawsuit in New York due to misleading messaging around 'risk-free' bets.
April 5, 2024: DraftKings partners with the New York Racing Association, becoming the official betting partner of the Saratoga Race Course and the Belmont Stakes.
April 3, 2024: DraftKings is reportedly among several big-name sports betting brands eyeing entry into Brazilian market.
March 27, 2024: DraftKings launches the Responsible Online Gaming Association (ROGA) with six other major sportsbooks.
March 25, 2024: DraftKings expands its problem gambling program to all 25 states it currently operates in.
March 22, 2024: Fanatics accuses DraftKings of a "culture of retribution" in new court filing amidst legal battle.
March 19, 2024: DraftKings shuffles leadership team, appointing Jason Park as Chief Transformation Officer and Alan Ellington as CFO.
March 11, 2024: DraftKings officially goes live in the Tar Heel State alongside the launch of legal North Carolina sports betting.
March 1, 2024: DraftKings goes live with its North Carolina pre-launch welcome offer of $300 in bonus bets.
Feb. 27, 2024: North Carolina will start online sports betting sign-ups on Friday, and Covers' own Geoff Zochodne outlines what to expect from DraftKings and other expected sportsbook operators.
Feb. 26, 2024: DraftKings helps New York's sports betting revenue to bounce back, bringing in $17.6 million in profits for the week of Feb. 11..
Feb. 21, 2024: DraftKings is among several sportsbooks offering betting options for when and how Lebron James reaches 40,000 points, which has never been achieved in NBA history.
Feb. 15, 2024: DraftKings announced $1.23 billion in revenue in Q4, marking a 63.% YoY increase.
Feb. 15, 2024: Reports indicate that DraftKings is purchasing Jackpocket — the leading lottery app in the U.S. — for $750 million.
Feb. 14, 2024: DraftKings awaits punishment for non-compliance in Massachusetts sports betting after allegedly accepting funds that were deposited elsewhere via credit card in May 2023.
Feb. 12, 2024: Barstool confirms an exclusive online sports betting partnership with DraftKings.
Feb. 9, 2024: Judge rules in favor of DraftKings, but former Executive can work at Fanatics, as Michael Hermalyn is only barred from using the company's information and soliciting DraftKings' clients or employees.
Feb. 6, 2024: DraftKings claims a former executive stole confidential information during move to Fanatics Sportsbook. DraftKings is suing Michael Hermalyn, alleging he hatched a "scheme" to steal from the company days before becoming VIP Fanatics.
Feb. 5, 2024: DraftKings denies allegations of changing house rules during the Pebble Beach Pro-Am, which was called off Sunday evening due to severe weather.
Jan. 31, 2024: DraftKings lands partnership with LeBron James. The NBA legend will provide football betting insight for the operator.
Jan. 26, 2024: DraftKings add 'highly regarded' executive Marie Donoghue, assuming a strategic role to help the sportsbook operator drive future growth.
Jan. 24, 2024: Barstool nears a multi-million dollar marketing deal with DraftKings to promote DK's odds and sportsbook across its brand.
Jan. 22, 2024: DraftKings refunds wagers on Deebo Samuel props following his injury during the divisional round of the NFL playoffs.
Jan. 15, 2024: FanDuel and DraftKings give $250,000 each to help start a petition drive to bring legal sports betting to Missouri
Jan. 11, 2024: DraftKings opens its doors in Vermont as the state officially launches legal sports betting.
Jan. 8, 2024: DraftKings partners with NASCAR, paving the way for the sportsbook to legally operate in North Carolina when the Tar Heel State launches its sports betting market later this year.
Dec. 29, 2023: DraftKings is among the initial list of operators applying for a North Carolina sports betting license, vying to offer legal services when legalization occurs..
Dec. 26, 2023: A DraftKings sports bettor miraculously turns $5 into $489k on a 14-leg touchdown parlay.
Dec. 15, 2023: DraftKings Sportsbook launches new 'Progressive Parlays' feature, allowing bettors to receive a payout even if one or more legs on their parlay lose.
Dec. 12, 2023: DraftKings is one of three online sportsbooks to go live when legal Vermont sports betting launches on Jan. 11, 2024.
Dec. 4, 2023: DraftKings meets with New York State Gaming Commission Chair Brian O'Dwyer to ensure safeguards are in place to avoid the infamous '9/11 parlay' incident.
Nov. 30, 2023: The MGC votes to allow DraftKings to void winning parlays placed at incorrect odds from a third-party vendor, Sportcast.
Nov. 16, 2023: Wisconsin teen pleads guilty to a 2022 DraftKings data breach case, in which they used stolen Daily Fantasy Sports login credentials to steal approximately $600,000.
Nov. 7, 2023: DraftKings announces a new sports betting product that will increase the online sportsbook's hold and be 'great for the customer.'
Nov. 3, 2023: DraftKings joins Maine's legal online sports betting market, offering new users $200 in bonus bets.
Nov. 2, 2023: DraftKings reports third-quarter revenue of $790 million.
Oct. 31, 2023: DraftKings strikes an agreement with the Passamaquoddy Tribe to bring its online sportsbook to Maine.
Oct. 3, 2023: DraftKings unveils its latest new user welcome offer — 'bet $5, get $200 + No Sweat SGP
Sept. 28, 2023: DraftKings introduces a new welcome offer — 'bet $5, get $200 instantly + 3 'No Brainer SuperBoosts'' — to celebrate the launch of legal online Kentucky sports betting.
Sept. 18, 2023: DraftKings adds a second-chance bet in addition to the existing offer for a total of $350 in bonus bets.
Sept. 7, 2023: DraftKings allows its new Kentucky sports betting customers to deposit funds before the state's online sports betting launch.
July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.
Aug. 21, 2023: DraftKings rolls out its welcome bonus for the NFL season, a 'Bet $5, Get $200' promotion.
July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.
June 27, 2023: DraftKings increased its sports betting market share this year at the expense of its competitors.
May 25, 2023: DraftKings releases version 4.16.1 of its iOS app.
March 10, 2023: DraftKings enters the newly-regulated MA market with its Massachusetts sports betting app.
Jan. 1, 2023: DraftKings launches its Ohio sports betting app.
DraftKings responsible gambling features
DraftKings has a strong stance on responsible gaming, offering several internal resources to ensure bettors gamble within their means like weekly deposit and betting limits and a self-exclusion option. DK Safer Play is a new feature that enables bettors to track and interact with their account usage, allowing them to better understand their betting habits.
Additionally, DraftKings provides bettors access to numerous external responsible gaming resources and tolls as well, such as the American Gaming Association, Gamblers Anonymous, and BetBlockers.
Additional sportsbook welcome promos
Browse even more of the top U.S. online sports betting welcome bonuses:
DraftKings promo code FAQ
As a new customer, deposit $5 or more and place a $5 wager on any sports betting market. If you are in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, or WV, DraftKings will issue six $25 bonus bets instantly, regardless of the outcome of your wager. New users in DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, and VT must win their first bet to get the bonus. The DraftKings NC promo is awarded whether the bet hits or misses.
Sports bettors of legal age in U.S. states where DraftKings operates and where sports betting is legal can rightfully get the latest promo. In addition to promos available to sports bettors across the country, DraftKings also regularly offers promos designed to meet the needs of sports bettors in specific regulated U.S. states.
DraftKings does not require its new users to input a unique DraftKings promo code. Simply click this link to register with DraftKings and claim the welcome bonus.
Founded and based in the USA, DraftKings Sportsbook is now licensed in 26 U.S. states plus DC, and that number is expected to grow as more jurisdictions move to permit legal sports betting.
Sports bettors can easily input the DraftKings promo code when prompted in the required field if it is required to unlock a specific promotion. New users do not need a DraftKings promo code to secure its latest welcome offer. Meanwhile, registered users can keep track of available promos simply by logging into their DraftKings account and clicking on “Promos”.
The DraftKings app for Android and iOS provides sports bettors with an easy and intuitive way to take advantage of promo codes, both for sports bettors signing up for the first time and longtime registered users.
DraftKings promo codes can be used by sports bettors registering for the first time. Registered users can also take advantage of regularly published promotions by logging into their account and clicking on 'Promos' to discover existing offers.
You do not need to input an exclusive promo code to secure the latest 'bet and get' DraftKings welcome offer or any other available promotion. Simply sign up for DraftKings and meet the minimum requirements to unlock its welcome bonus and additional ongoing promos.
The $200 promotional offer from DraftKings is no longer available. Instead, you can sign up today without a DraftKings promo code, make an initial $5 deposit, and wager to get $150 in bonus bets. You'll have to win your first real money wager to receive the bonus in some jurisdictions, which we outline in this review.
Mike is a prolific writer and editor for Covers, celebrated for his honest storytelling and attention to detail. Duchesne specializes in the North American gambling industry, including its operators, players, and the evolving regulatory and responsible gambling landscape.
With over a decade of experience in online publishing and the gambling sector, Duchesne has honed his expertise in reviewing and analyzing sports betting and casino sites. His in-depth knowledge ensures that users receive comprehensive, accurate, and insightful information.
Collaborating with over 100 top sports betting and iGaming operators and renowned brands, Duchesne effectively bridges the gap between user expectations and partner objectives. His commitment is driven by a mission to provide the Covers community with exclusive, meticulously reviewed information and premium experiences.
Beyond producing articles and industry posts, Duchesne is a sought-after attendee at gaming conferences, including G2E, and has been featured by prominent media and broadcasting outlets, including CBC, CTV, and Global. His insightful quotes and articles have been featured in the National Post and the Globe and Mail, showcasing his versatility and expertise.
Duchesne's professional background includes stints at MTV Networks, Institutional Investor, and Travelzoo prior to joining Covers. The Montreal native graduated from Concordia University and completed successful academic terms in Italy and Wales.
Duchesne's oversight ensures that the content produced by his team is engaging, reliable, and helpful, fostering a thriving and informed betting community. His dedication to publishing high-quality content underscores the trust and authority he brings to the industry, contributing to the ongoing success of Covers and its user base.