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.
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.
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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.
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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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