DraftKings Promo Code: Get $150 by Betting on the NFL Preseason

Gambling problem? Call 1-800-522-4700 | 21+ in eligible states. Not available to residents of Ontario, CA.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Aug 17, 2024 • 16:01 ET • 3 min read
Aaron Rodgers at the end of the game as the Washington Commanders came to MetLife Stadium to play the New York Jets in the first preseason game of the 2024 season. The Jets topped the Commanders 20-17.
Photo By - USA TODAY Sports

Football's official return inches closer as the NFL enters Week 3 of its preseason. If you're having fun wagering on this exhibition action, you can get $150 bonus bets to build your bankroll before the season without needing a DraftKings promo code. Just sign up and bet $5 on any game to get $150 bonus bets back, win or lose!

Bet $5, Get $150

How the Bet $5, Get $150 offer works

DraftKings' 'bet $5, get $150 in bonus bets' promotion is a welcome offer aimed solely at first-time users. By making a minimum deposit of $5 and wagering a qualifying bet of the same amount, new users will be awarded six bonus bets, each worth $25, regardless of the outcome of the initial wager.

This special offer will remain valid until 11:59 p.m. ET on Aug. 18, 2024. Users should remember that while the winnings from the initial bet can be kept, the bonus bet stake is not included among these winnings and the bonus will expire seven days after being issued.

To fully benefit from the bonus bets, users must bet each $25 wager individually; combining the bets with other promotions is not permitted. Within a seven-day usage period, the bets expire.

Get more information on DraftKings by reading our excellent DraftKings Sportsbook review.


Offer available to first-time customers in the following states: AZ, CO, CT, IN, IA, LA, MI, NC, NJ, OH, PA, VT, WY, IA, IL, LA, MI, NC, NJ, OH, PA, VT, WY. Not intended for use in MA. Not available to residents of Ontario, CA.

How to claim DraftKings $150 welcome offer

Claiming the DraftKings 'bet $5, get $150 in bonus bets' welcome offer is an uncomplicated procedure. Just follow these steps:

  1. Registration: Download the DraftKings app and register in one of the states where sports betting has been legalized. Input the necessary personal information and verify your identity.
  2. Make a Deposit: After successfully setting up your account, you need to deposit at least $5 to become eligible for the promotional offer. No DraftKings promo code required.
  3. Place Your Wager: Bet $5 on any sports market of your choice. Regardless of whether your bet is successful, DraftKings will reward you with $150 in bonus bets, split into six bets worth $25 each.
  4. Get Your Bonus Bets: These bets will be credited to your account immediately or within 72 hours in case of technical issues.
  5. Utilize Your Bonus Bets: You have a seven-day window to use your bonus bets. Each bonus bet needs to be used individually and can’t be clubbed with other promotions.
  6. Claim Your Winnings: Whatever money you win from your first bet or any subsequent bonus bets (excluding the initial bonus bet stake) is yours to keep. However, the bonus bet can't be withdrawn as cash and needs to be used within seven days. The winnings can only be withdrawn after the 1x bonus wagering requirement has been met.

Bet NFL preseason odds at DraftKings

DraftKings

Saturday Night NFL Odds
Team Spread
Falcons Atlanta Falcons +1.0
Ravens Baltimore Ravens -1.0
Bengals Cincinnati Bengals +6.5
Bears Chicago Bears -6.5
Giants New York Giants +2.5
Texans Houston Texans -2.5
Lions Detroit Lions +7.0
Chiefs Kansas City Chiefs -7.0
Vikings Minnesota Vikings +3.0
Browns Cleveland Browns -3.0
Commanders Washington Commanders +5.0
 Dolphins Miami Dolphins -5.0
Cardinals Arizona Cardinals +1.5
Colts Indianapolis Colts -1.5
Bills Buffalo Bills +5.5
Steelers Pittsburgh Steelers -5.5
Jets New York Jets -1.0
Panthers Carolina Panthers +1.0
Seahawks Seattle Seahawks -1.0
Titans Tennessee Titans +1.0
Rams Los Angeles Rams +2.5
Chargers Los Angeles Chargers -2.5
Buccaneers Tampa Bay Buccaneers +2.5
Jaguars Jacksonville Jaguars -2.5
Cowboys Dallas Cowboys +6.5
Raiders Las Vegas Raiders -6.5

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.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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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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