DraftKings Sportsbook Promo Code: Bet $5, Get $150 in Bonus Bets | April 2024

With origins in the daily fantasy sports space, DraftKings has since expanded its offerings to include an online sportsbook. The DraftKings app is available to sports bettors in over 20 states and continues to improve as the online sports betting industry becomes legal in more jurisdictions.

If you’re in a state where the app is available, be sure to sign up today with the DraftKings promo code. We’ll talk about the generous welcome offer in addition to the app’s ongoing promos, betting markets, and much more.

DraftKings New Customer Offer

Currently, DraftKings has a generous bet-and-get promotion in the 25 states where it operates — Bet $5, Get $150 in Bonus Bets – Instantly! There’s no promo code required at DraftKings Sportsbook, so you can get started easily just by clicking this link.

You’ll have to deposit at least $5 and make a $5+ sports wager on an eligible market. Six $25 bonus bets should hit your account immediately and expire within seven days of receipt. Note that the bonus bets carry a 1x wagering requirement, meaning you have to wager them at least once before you can make a withdrawal.

Bet-and-gets offers are common in sports betting as they’re an excellent entry point for new customers with a low wager threshold. This offer is particularly enticing, as you get the bonus bets regardless of your first bet’s outcome.

Must be physically located in AZ, CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, VT, WY or WV. (“each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”).

If you’re in North Carolina, use this link to get the same offer but increased to $200 in bonus bets!

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov

DraftKings Live in North Carolina!

North Carolina is the latest state to get DraftKings Sportsbook. Along with seven others, the operator went live in the Tar Heel State on March 11. New users can sign up via this link to claim the welcome offer Bet $5, Get $200 in Bonus Bets!, no promo code needed! Act now, as this lucrative signup bonus promises $50 more in bonus bets than the national offer.

Signing Up at DraftKings

Signing up for a new sportsbook can be time-consuming and confusing. Luckily, that’s not the case here. While DraftKings has a promo code offer, there’s no actual promo code needed. So you can get started easily with this link and will have access to the bet $5, get $150 new-customer offer.

Here’s how to sign up at DraftKings:

  1. Go to the DraftKings app or desktop site and select “Sign Up.”
  2. Enter your email address and phone number, and create a username/password.
  3. Click “Create Account,” which will also allow you to accept the operator’s terms and conditions.
  4. Enter the required personal information to complete the verification process (birthdate, home address, etc.).
  5. Connect a compatible payment method and deposit $5+.
  6. Make a qualifying $5+ wager on any sports market to get your $150 in bonus bets instantly.
  7. One important note for sports bettors around the country — you can still sign up and play at DraftKings Sportsbook even if you’re just visiting a state that allows legal betting.

For example, say you live in California but are visiting Louisiana for a week. If you want to sign up and wager while you’re in the Bayou State, you can and you’ll still be eligible to claim the welcome bonus.

While you’re in Louisiana, you’ll be able to bet as you please. Once you return to the Golden State, you won’t be able to bet or do much on the DraftKings mobile app but you’ll be able to withdraw any potential winnings.

How to Use the DraftKings Promo Code

Since there’s no actual DraftKings promo code required, you can easily get started by clicking this link which will direct you to the DraftKings Sportsbook.

That’s right, there’s no actual DraftKings bonus code needed. You can easily sign up for a DraftKings account by using our link and will still be able to claim the sportsbook bonus of Bet $5, Get $150 in Bonus Bets – Instantly!

Notably, you can claim the offer at DraftKings Sportsbook even if you’ve signed up with DraftKings Online Casino or DraftKings Daily Fantasy Sports before. As long as you’re new to the mobile sportsbook specifically, you’ll still be eligible.

How Do Bonus Bets Work on DraftKings?

Much like other books and sports betting sites, DraftKings Sportsbook incorporates bonus bets in some capacity. In practice, a bonus bet is a credit that functions like cash for wagers but cannot be withdrawn as cash. Most promotions involve bonus bets in some capacity with specifics on the bonus bet amount, their expiration date, and their wagering requirements.

While a bonus bet may function like cash in certain ways, remember that any bonus bet you earn cannot be withdrawn like cash. You can only withdraw winnings you earn from bonus bets after you meet their playthrough requirements. Additionally, a bonus bet is only valid on the sportsbook from which it was issued. So, a DraftKings Sportsbook bonus bet does you no good on FanDuel Sportsbook, and vice versa.

That said, bonus bets can apply to anything from same-game parlays on the NBA to more niche sports betting. So NFL bettors, NHL heads, and NBA fans alike can all make use of the DraftKings promo code offer and the accompanying bonus bets.

Where Is the DraftKings Sportsbook App Available?

draftkings legal states on a map of the U.S.

Currently, DraftKings Sportsbook is live in 25 states. The sportsbook is less widely available than the daily fantasy sports app, as DFS has fewer legal restrictions across the country. On the flip side, the sportsbook is more accessible than the casino app due to stricter online casino gambling laws.

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Oregon
  • Pennsylvania
  • Tennessee
  • Vermont
  • Virginia
  • West Virginia
  • Wyoming

While DraftKings is live in the above states, the welcome promo is limited to sports bettors in: NJ, PA, IN, IA, WV, CO, TN, IL, VA, MI, AZ, KS, LA, WY, MD, OH, and MA.

Sports Leagues on DraftKings

One of the things that’s made DraftKings Sportsbook one of the best sports betting sites is the wide array of available leagues. Sports bettors crave variety, and DraftKings is an online sportsbook that has just that.

With everything from college football and jai alai to MMA, you can wager on whatever you’re interested in. Thus, the DraftKings app is an excellent choice for the casual sports bettor or a seasoned vet.

  • Aussie Rules (AFL)
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • esports
  • Football
  • Golf
  • Handball
  • Hockey
  • Jai Alai
  • Lacrosse
  • MMA
  • Motorsports
  • Rugby
  • Snooker
  • Soccer
  • Tennis

Betting Markets at DraftKings Sportsbook

One of the most important factors when choosing a sportsbook is the available markets. For that reason, DraftKings is among the best in the country. DraftKings customers get their pick whether they want to predict the total of a game or have a hunch on who will cover the spread.

Take a look at some of the most common betting markets that you can pick from on DraftKings Sportsbook.

Moneyline

The moneyline is a standard wager across a lot of leagues, which makes sense considering the premise is the most straightforward. Moneyline bets are wagers on the winner of a contest — simple as that.

The odds are displayed either as negative for favorites or positive for underdogs. For example, in an NBA game between the Warriors (+300) and the Celtics (-550), the Celtics would be the heavy favorite.

Spread Betting

Spread bets are common in football and basketball but are also available on other DraftKings leagues. Based on the nature of scoring in baseball and hockey, spread wagers are less common. At its core, a spread bet is a wager on the difference between the winning team and losing team’s score.

For example, if the expected spread between Golden State and Boston is +8.5 with Boston being the favorite, sportsbooks expect Boston to win by nine points. Betting on Golden State to cover means that you’re wagering that Steph Curry and company will lose by less than that expected amount.

Conversely, betting on Boston to cover indicates that you expect them to win by more than nine points.

Over/Under

Over/under bets are common across different leagues but especially so with basketball and football. They can also be referred to as totals wagers. Totals bets are simply wagers on the collective number of points scored by both teams.

Keeping with the example above, say the expected total is 220.5. A bet on the over means you expect the cumulative score to be 221 points or more while a bet on the under means you expect the cumulative score to be 220 points or less.

Live Betting

This form of wagering has pushed betting in a new direction in recent years, with more bettors expecting it as a standard feature at online sportsbooks.

Live betting, or in-play betting, consists of wagers on the game while it’s occurring. This feature is convenient and appealing to a lot of younger sports bettors in particular because it gives them a chance to adapt as the game goes on.

You can place live bets on tons of different individual stats on DraftKings Sportsbook, which allows the site to compete with other books.

Promotions are usually not applicable to this type of betting, but as usual, it’s important to review your terms before finalizing signup.

Parlay

Parlays, parlay insurance, and same-game parlays have dramatically increased in popularity over recent years.

Put simply, a parlay is multiple wagers pieced together to create a larger bet. To win, you need to hit on all the legs. The addition of parlay insurance has made that rule less strict, as this type of protection means you can still win even if a leg loses.

While the payout from parlays, particularly same-game parlays, can be huge, the risk is also bigger.

Odds Boosts

Odds boosts are another common facet of the modern betting market. On DraftKings, you can use boosts to get more advantageous odds on a specific market. While these boosts won’t typically be impressively competitive, they can potentially bolster your winnings.

DraftKings VIP Program

Whether they’re at a sportsbook or an online casino, loyalty programs are common as they incentivize existing customers. The Dynasty Rewards program awards Crowns and Tier Credits for every dollar you spend on DraftKings Sportsbook or the DraftKings online casino.

It’s a five-tiered, incremental system going from Bronze up to Onyx.

Bronze

  • Get Crowns and Tier Credits for playing
  • Redeem Crowns in the Dynasty Store or for site credit
  • Access promotions on DraftKings Sportsbook, DraftKings Online Casino, or Golden Nugget Online Gaming

Silver: 5,000 Tier Credits

  • All of the aforementioned Bronze benefits
  • Up to 500 rollover Tier Credits
  • Four 2X Crown Days per month
  • Tier Credit milestone rewards
  • Tier-exclusive contests and promotions

Gold: 25,000 Tier Credits

  • Up to 4,000 rollover Tier Credits
  • Four 3x Crown Days per month
  • All aforementioned Silver benefits
  • Priority customer support

Diamond: 90,000 Tier Credits

  • Up to 15,000 rollover Tier Credits
  • Five 3x Crown Days per month
  • All aforementioned Gold benefits
  • 24/7 Chat support
  • Invitation to Dynasty Sweepstakes
  • Access to exclusive live experiences
  • Consideration for VIP Host
  • Diamond Annual Gift

Onyx: 175,000 Tier Credits

  • Up to 25,000 rollover Tier Credits
  • Five 4x Crown Days per month
  • All of the aforementioned Diamond benefits, excluding the annual Diamond gift
  • Onyx elite reward

DraftKings Customer Support

The DraftKings customer support is among the best in the country. The help section is broken down into various categories based on what answers you’re looking for with the Sportsbook, Online Casino, Fantasy Sports, and Pick 6 products.

You’ll also see modules for Account Questions, Deposits & Withdrawals, Rewards & Promotions, and Responsible Gambling.

DraftKings has various contact methods including leaving a voicemail or requesting a callback.

There are also tons of responsible gambling resources for users who feel their gambling problem has gotten out of hand.

DraftKings FAQ

We’ve outlined some of the most commonly asked questions about the DraftKings promo code offer and other related topics in the subsections below.

Is there a DraftKings promo code?

No DraftKings promo code is needed to obtain the welcome offer — just sign up with our link! In most states, the maximum bonus you can get is $150 in bonus bets. DraftKings has a special promo in North Carolina due to its recent launch there, giving NC sports bettors a maximum of $200 in bonus bets.

Is DraftKings Sportsbook legal?

Yes, DraftKings Sportsbook is available in 25 states with legal sports betting. The sportsbook is licensed in all of its operational states and answers to the appropriate regulatory authorities.

Is DraftKings safe to use?

Absolutely! DraftKings is one of the premier sports betting options in the country. It consistently ranks as one of the highest online sportsbooks in the country with exceedingly generous betting limits, an excellent welcome bonus, and an easy-to-use sportsbook app.

Can I play DraftKings on my phone or computer?

Definitely! DraftKings Sportsbook is accessible on both your computer and your phone. The online sportsbook will look a little different on the computer as opposed to the phone, but sports bettors will have the same basic experience regardless of where they play. If you choose to go the mobile route, you can download the app from the App Store or Google Play Store.

Can I use multiple sportsbooks at once?

Yes, you can use multiple sportsbooks at once. Though, if you’ve signed up with a sportsbook before, you won’t be able to claim the welcome bonus. For example, the DraftKings sportsbook promo code offer is only eligible for new customers.

Do I have to report DraftKings winnings on my taxes?

Yes, you’ll need to report any winnings from DraftKings Sportsbook, or any online sportsbook for that matter, on your taxes.

What banking options work with DraftKings?

There are various withdrawal and deposit options on DraftKings. Most major credit and debit cards are accepted as well as PayPal, Venmo, Apple Pay, and most other online banking options. If none of those work for you, try Skrill, PayNearMe, or the classic cash at the cage.

Is there an age restriction on DraftKings?

Yes, there is an age restriction at DraftKings. The sportsbook and casino require players to be 21+ (18+ in NH, WY & KY). The age minimum is 18+ to use the DFS product (19+ in AL & NE and 21+ in AZ, IA, LA & MA).

Does DraftKings have a referral bonus?

Indeed! DraftKings has a referral bonus across all of its platforms. You can refer a friend to claim the DraftKings casino promo, use an exclusive DFS referral, or sign up for the sportsbook.

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