DraftKings Promo Code: Bet $5, Get a $200 Bonus for Wednesday's First Four Games

No DraftKings promo code is needed to claim the bet $5, get $200 bonus. Sign up and wager on Mount St. Mary’s vs American or Xavier vs Texas today!

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 19, 2025 • 15:00 ET • 3 min read
DraftKings Promo Code for Wednesday's First Four Games
Photo By - IMAGN IMAGES

No DraftKings promo code is required to claim one of the best sportsbook promos available for the 2025 NCAA Tournament First Four. New customers who bet $5 will receive $200 in bonus bets, win or lose. With the Mount St. Mary’s vs American and Xavier vs Texas play-in games set to determine who advances in March Madness, now is a perfect time to sign up with DraftKings and place your first wager.

Bet $5, Get $200

How the 'Bet $5, Get $200' offer from DraftKings works for tonight's First Four games ahead of March Madness

New users can access DraftKings’ bet $5, get $200 in bonus bets offer without needing a DraftKings promo code. Here’s how the promotion works:

  • Make a minimum deposit of $5 after signing up.
  • Place a qualifying $5 bet on any sports market, including the First Four NCAA Tournament matchups.
  • Regardless of whether your first bet wins or loses, you will receive eight (8) $25 bonus bets in your account. These may take up to 72 hours to appear in case of technical delays.
  • If your initial wager wins, you also keep your cash winnings from that bet.
  • Bonus bets expire seven days after being issued, and their stake is not included in any winnings.

Whether you’re backing Mount St. Mary’s or American, or wagering on Xavier vs Texas, this offer gives you a strong bankroll boost heading into March Madness.

Get March Madness Bet Boosts from DraftKings

DraftKings All Users
Get a no-sweat 2+ leg parlay/SGP/SGPx! Claim Now

DraftKings All Users
Place a 4+ leg CBB futures parlay, get a 50% CBB parlay boost token! Claim Now

DraftKings odds for Wednesday's First Four 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 a $200 bonus without a DraftKings promo code

Follow these simple steps to secure your DraftKings bonus before tipoff:

  • Register – Sign up with DraftKings Sportsbook by providing basic personal information. No DraftKings promo code is required.
  • Deposit Funds – Make a minimum $5 deposit into your new account.
  • Place a Bet – Bet $5 or more on Mount St. Mary’s vs American, Xavier vs Texas, or any other market.
  • Receive Bonus Bets – Whether your first bet wins or loses, DraftKings will credit your account with $200 in bonus bets within 72 hours.
  • Withdraw Winnings – If your first wager wins, you can withdraw your winnings immediately. Bonus bets must be used before they expire in seven days.

Get in on the March Madness action today! Read our raftKings Sportsbook review to learn more.


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 $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

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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