DraftKings Promo Code: Bet $5, Get a $150 Bonus for Heat vs Cavs

No DraftKings promo code is needed to claim the ‘Bet $5, Get $150 Bonus Bets’ offer. Sign up now and bet on Heat vs. Cavaliers tonight!

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 5, 2025 • 17:01 ET • 3 min read
DraftKings Promo Code for Heat vs Cavaliers
Photo By - IMAGN IMAGES

Tonight’s ESPN showdown between the Cleveland Cavaliers and Miami Heat is the perfect opportunity for new bettors to take advantage of DraftKings Sportsbook’s latest sportsbook promos and welcome offer. No DraftKings promo code is required to claim the ‘Bet $5, Get $150 in Bonus Bets’ promotion. Simply sign up, deposit at least $5, and place a qualifying bet on the Heat vs. Cavaliers. Win or lose, DraftKings will credit you with $150 in bonus bets.

Bet $5, Get $150

How DraftKings' 'Bet $5, Get $150' offer works for Heat vs Cavaliers

DraftKings Sportsbook is offering new users an exciting way to get started with online betting. No DraftKings promo code is needed, but you must meet the following requirements to claim this promotion:

  • New users must sign up and deposit a minimum of $5.
  • Place a $5 qualifying wager on any market, including Miami Heat vs. Cleveland Cavaliers.
  • Regardless of whether your bet wins or loses, you will receive six (6) $25 bonus bets, totaling $150.
  • Bonus bets will be credited instantly or within 72 hours in the case of technical delays.
  • Bonus bets expire seven days after being issued and do not include the stake in potential winnings.

With the Cavaliers riding an 11-game winning streak and Miami dealing with injury setbacks, this game presents plenty of betting opportunities. Whether you're backing Donovan Mitchell and Cleveland’s dominant run or expecting

Miami to pull off an upset, DraftKings ensures you get $150 in bonus bets no matter the outcome.

Claim more basketball bonuses from DraftKings

DraftKings All Users
Get three boosts for 4+ leg parlay/SGP/SGPx! Claim Now

DraftKings All Users
Get a boost for one 2+ leg "Double Double" parlay/SGP/SGPx! Claim Now

DraftKings odds for Heat vs Cavaliers


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 claim you $150 bonus without a DraftKings promo code

  1. Register: Sign up for a DraftKings Sportsbook account in a legal betting state.
  2. Deposit funds: Make a minimum deposit of $5 to qualify for the bonus.
  3. Place a wager: Bet at least $5 on any market for the Heat vs. Cavaliers game.
  4. Receive bonus bets: Regardless of the outcome, you’ll receive $150 in bonus bets.

Sign up now and start betting with DraftKings! Read our full DraftKings Sportsbook review here.


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.

DraftKings FanDuel BetMGM
Current Bonus Bet $5, Get $150, Instantly Bet $5, Get $150, 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 $150 Bonus Bets $150 Bonus Bets One (< $50) or five (> $50) bonus bets
Wagering Period Seven Days Fourteen Days Seven Days
Min. Deposit $5 $5 $10

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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