Betting

DraftKings Promo Code: Bet $5, Get $250 in Bonus Bets Instantly | October 2024

DraftKings Sportsbook is currently offering first-time users one of the best sign up bonuses in the business:Bet $5, Get $250 in Bonus Bets Instantly. Click on this link to claim your offer t▨oday, as no DraftKings promo code is required.

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How I Tested DraftKings Sportsbook

Screenshot of the DraftKings Sportsbook mobile app in New Jersey.

The best and most efficient way to te🌱st out any online sports betting app or website is, unsurprisingly, to give it a whirl🅺 for yourself.

For starters, the app’s layout is incredibly inviting. The homepage is layered with several sections and menus that allow for seamless navigation throughout the app. A scrolling bar located at the highest point of the screen can be used to switch over to DraftKings’ other products such as DraftKings Casino, DraftKings DFS and its extensive lobby of pools and contests.

Moving on from the homepage, I took a look into each of the other four tabs located at the bottom of the screen: “In-Game”, “My Bets”, “All Sports”, and “Rewards”. The “In-Game” section is stocked with live betting market♉s, while the “My Bets” tab is essentially a database for all of my open and settled bets. The “All Sports” tab did a great job listing out every single sport or league offered by DraftKings, and the “Rewards” section did the same with displaying all of the site’s ongoing promotional offers.

Overall, I was extremely pleased with DraftKings’ product. The experience was smooth and stress-free, and I wasted no time scouring the app in search of specific features. The platform’s tech is also top tier, making it one of the industry’s best mobile apps in opinion. I’d definitely recommend the DraftKings Sportsbook app to anyone getting involved with sports betting for the first time and plan to continue using it moving forward.

What is the DraftKings Promo Code?

👑 DraftKings Sportsbook Promo CodeNone needed, just click here!
💵 DraftKings Sportsbook Welcome OfferBet $5, Get $250 in Bonus Bets Instantly!
📍 Available States for PromotionAZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MI, MD, NC, NJ, OH, PA, VT, VA, WV, WY
Promotion Last VerifiedOctober 22, 2024

There is no DraftKings promo code required to claim the aforementioned Bet $5, Get $250 in Bonus Bets Instantly welcome offer. Simply click on this link to get started and follow the instructions below to ensure you receive yo๊ur bonus bets.

How to Register and Claim the DraftKings Promo Code

  1. Head over to DraftKings Sportsbook by clicking on this link or any of the modules on this page.
  2. Select the orange ‘Sign Up’ button on the DraftKings Sportsbook landing page.
  3. Provide the following personal details: email, username, password and mobile phone number.
  4. Verify your identity by providing these additional details: first and last name, date of birth, last four digits of your social security number and home address.
  5. Agree to the site’s terms & conditions
  6. Make a minimum deposit of at least $5 or more.
  7. Simply wager $5 or more on any market offered by DraftKings and instantly receive $250 in bonus bets regardless of whether or not your bet wins or loses!

All eligible users will receive an allotment of ten (10) bonus bets worth $25 each, totaling $250. The bonus bets are set to expire exactly 7 days (168 hours) after being credited to your DraftKings account, so be sure to use them before it’s too late!

Existing User Promotions at DraftKings Sportsbook

While getting new users to sign up is a massive goal for every online ওoperator, keeping those users engaged in the product is arguably just as important. DraftKings does well in this department, offering its active customer base a myriad of existing user promotions which include the following:

Deposit Reloads

A deposit reload, also known as a deposit match, is probably the best bonus a sportsbook can possibly offer. While some operators do offer an initial deposit match to first-time signups, DraftKings routinely offe♛rs its existing users the chance to take home some extra ammo in exchange for loading up their account with cash.

A typical deposit reload at DraftKings Sportsbook will allow the user to deposit a set amount of funds and receive a percentage of that amount, in the form of bonus bets, on top of their deposit. For example, let’s say DraftKings is offering a 25% deposit reload worth up to $250 in bonus bets. In this case, you would need to opt-in and deposit a grand total of $1,000 in order to take full advantage of the offer. Most of the time, a simple 1x wagering requirement is imposed on your cash balance, meaning you would need to wager the full $1,000 you deposited at least once during DraftKings’ designated timeframe before your balance is cleared for withdrawal.

Going off the example above, if you deposited the promotional max of $1,00ꦉ0, you would receive $250 in bonus bets as a result, likely divided up into five (5) increments worth $50 apiece. There are no restrictions or wagering requirements on bonus bets at DraftKings, but they will need to be successfully wagered in order to convert them to cash and potentially withdraw.

As al♔ways, bonus bets at DraftKings do 🍰expire 7 days after issuance, so always check the dates on your account and be sure to make good use of them before they are gone. Additionally, deposit reload offers also come with an expiration date, so be sure to take advantage within the designated timeframe.

Profit Boosts

Profit boosts, sometimes referred to as odds boosts, are by far and away the most commonly-offered existing user promotion in the sports betting industry. Profit boosts offer additional funds on top of your wager’s payout, thus ‘boosting’ your profits if your bet wins.

Profit boosts at DraftKings will vary depending on the time of year, the events taking place on that specific day and the types of wagers you can apply them to. The most common profit boost is typically tied to a parlay of some sort, whether it be a traditional parlay, a Same Game Parlay, or a Same Game Parlay Extra (SPGx). Despite this, I’ve also spotted several profit boosts at DraftKings for single-game wagers, ranging from a specific primetime NFL game to a NRFI/YRFI (No Runs in First Inning/Yes Runs in First Inning) bet during baseball season.

As always, profit boosts are limited up to a specific stake. These limits wil🃏🐻l ultimately depend on your status as a customer, history of wagers and other external factors. For example, a 50% profit boost for an MLB parlay might be limited up to a max stake of $10 for one user. A different user, on the other hand, might receive the same 50% profit boost for an MLB parlay but with a max stake of $100 instead. Always opt-in to your profit boosts at DraftKings and check the details on the promotions page to find out what your limits are when receiving these types of rewards.

Odds Surges

Odds surges are similar to profit boosts but are tied to specific wagers and only boost the bet up to a set amount as opposed to a specific percentage. One example of a common odds surge offered at DraftKings would be +200 odds added on to any MLB player’s ‘To Hit a Homerun’ prop.

Let’s say you want to place a wager on Aaron Judge to go yard against the Orioles. The bet, without the odds surge, is priced at +190 at DraftKings Sportsbook. With the +200 odds surge added on, that bet is now priced at +390. In this example, a $10 bet that normally paid out a profit of $19 would pay out a profit of $39 instead, more than doubling your winnings.

Just like profit boosts, odds surges are also limited to a max stake. While you might only be able to get $10 down on the aforementioned example of Aaron Judge to hit a HR, a friend of yours might be able to wager up to $50 using the same odds surge. Again, this is why it is extremely important to opt-in and check꧒ out the details associated with your rewards.

Early Win

This promotion is mainly offered during baseball, football or basketball season, as it’s typically tied to MLB, NFL or NBA wagers. The premise behind DK’s ‘Early Win’ promotion is fairly self-explanatory: users can apply a special token for the promotion to a moneyline wager on whichever sport mentioned above is in season. If the team wagered on takes an early lead up to a specific amount, DraftKings immediately settles the bet as a win and pays it out in full.

For bets on MLB games, the ‘Early Win’ is triggered once your team goes up by 2 or more runs. For example, if you wagered on the New York Mets to win at +110 and they go up 2-0 in the 1st inning, your bet is settled and paid out as a winner – even if the Mets go on to lose the game in the end.

For NFL bettors, the promotion takes effect once your team goes up by 7 or more po♚ints. In this case, if you placed a bet on the P🌟ittsburgh Steelers to win at +120 and they go down the field right off the bat to take an early 7-0 lead, your wager is graded as a winner and you can go about your day without having to sweat the ensuing action.

For NBA betting, this bonus comes into effec𓂃t once the team wagered on goes up by at least 10 or more points. Considering how quickly NBA teams string together big ෴runs, you can probably understand why this promotion can be so lucrative.

Free Pools & Contests

One area that really sticks out when analyzing DraftKings’ offerings compared to the competition is its massive lobby of free pools and contests. This is something I have not seen at many other sportsbooks, and it’s a fantastic way for bettors to get some skin in the game without having to risk any real money.

Whether it’s a free entry into an NFL survivor pool or a free pick ’em contest for a high-profile boxing match, be sure to frequently check out the ‘Pools’ tab on the DraftKings app or website for a chance to win some prizes while mitigating any potential risk.

Dynasty Rewards Loyalty Program

For bettors who wager often, finding a sportsbook that offers a loyalty program of some sort is extremely important. After all, if you’re consistently depositing and wagering your money, you’ll want to get the most bang for your buck by reaping as many rewards as possible.

Luckily for DraftKings users, the brand has one of the better loyalty programs I’ve come across. For every wager placed on the site, DraftKings users can earn ‘Crowns’, which are the virtual currency used within the Dynasty Rewards loyalty program. Sports bettors can earn 1 Crown for every $2 wagered on straight bets and futures or 1 Crown for every $1 wagered on parlays and Same Game Parlays. Casino, DFS, Pick6, and DK Horse bettors will also earn Crowns with each wager placed on those platforms.

Once earned, you’ll have the option to convert your Crowns into either DK Dollars or Casino Credits. DK Dollars essentially work the same way that cash does, and can be used just about anywhere on the site. Casino Credits, on the other hand, can only be wagered at DraftKings Casino in select states with access to the platform.

When converting Crowns into playable rewards, players can earn 10 cents in DK Dollars or Casino Credits for every 55 Crowns accumulated (550 Crowns = $1). While this may not seem like much, it definitely goes a long way for everyday gamblers. If you happen to be a high volume bettor placing tons of regular action, you’ll want to do so at a sportsbook like DraftKings that rewards you for your play.

Refer a Friend

Similar to offering a quality loyalty program, it’s always a plus when an online sportsbook allows its active users to refer friends to reap additional rewards. DraftKings excels in this regard, offering a combination of bonus bets and casino credits, depending on the state, to all existing users who successfully refer a first-time player to the site.

To refer a friend, click on the Refer a Friend tab in the promotions section and share your Personal Referral Link to the person you’d like to refer. From there, your friend will need to sign up for a DraftKings account and make an initial deposit of at least $50 or more. Upon completion of the promotion’s requirements, both you and your referred friend will receive the site’s Refer a Friend bonus package. Right now, in New Jersey for example, the Refer a Friend package consists of a $50 bonus bet and $50 in casino credits, totaling $100 in rewards!

There is a maximum of five (5) referrals available for each existing user, allowing players to rack up a max of $250 in bonus bets and $250 in casino credits using the example above. A few important caveats to keep in mind: the referee must be a n൲ew customer at DraftKings who has never deposited funds into a DK-affiliated account before and must successfully verify their identity with DraftKings during the signup process. Be sure to meet these requirements to ensure you and your friend receive your rewards.

Map of legal DraftKings Sportsbook states (via DraftKings)

DraftKings is one of the more widely available legal sports betting sites in the United States. The brand is now accepting online action in half of the country, with 25 legal states under its belt (plus Washington D.C.) and a bunch more likely on the way. In addition to its first-class online sportsbook, select states also have access to DraftKings’ daily fantasy sports, online casino and online horse betting offerings.

In terms of its sports 🥂betting states, DraftKings operates online in💖 each of the following jurisdictions:

ArizonaColoradoConnecticutIllinois
IndianaIowaKansasKentucky
LouisianaMarylandMassachusettsMaine
MichiganNew HampshireNew JerseyNew York
North CarolinaOhioOregonPennsylvania
TennesseeVermontVirginiaWashington D.C.
West VirginiaWyoming
Active DraftKings Sportsbook states

In my opinion, one factor that sets DraftKings apart from some of its competitors is i🧜ts easy account access and shared wallet across states. What this means is that if you register for a DraftKings Sportsbook account in your home state of New York, for example, and are traveling to New Jersey or Pennsylvania, you can use the same login information to access your account without signing up again.

On top of this, your balance will also carry over, making the site both convenient and seamless to use when outside of your state’s borders. Personally, I really appreciate when a sportsbook operates this way. Having to log in and deposit additional funds into a secondary account for the same app or website is a huge inconvenience, so hats off to DraftKings for being one of the first sportsbooks to roll with this format.

Current Super Bowl LIX Odds at DraftKings Sportsbook

Football season is now in full swing, which means Super Bowl LIX is right a🧔round the corner. The game is set to take place at the Caesars Superdome in New Orleans, Louisiana on🍷 February 9, 2025.

Here’s a look DraftKings Sportsbook’s latest odds to bring home the Lombardi Trophy this season:

  • Kansas City Chiefs (+400)
  • Baltimore Ravens (+600)
  • Detroit Lions (+800)
  • San Francisco 49ers (+1200)
  • Minnesota Vikings (+1200)
  • Buffalo Bills (+1200)
  • Green Bay Packers (+1500)
  • Philadelphia Eagles (+1600)
  • Houston Texans (+1600)
  • Cincinnati Bengals (+2800)
  • Washington Commanders (+3000)
  • Pittsburgh Steelers (+3000)
  • Atlanta Falcons (+3500)
  • Seattle Seahawks (+4000)

Odds updated as of October 22, 2024. Odds subject to change.

Banking Methods at DraftKings Sportsbook

DraftKings Sportsbook provides users with a diverse range of banking options, e💦nsuring both flexibility and convenience wh🦩en making deposits and withdrawals. You can choose between various secure and widely-accepted banking methods, including credit and debit cards, e-wallets, and bank account transfers.

Available deposit and withd🧜rawal methods at DraftKings Sportsbook includওe:

  • Credit/Debit Cards (Visa, Mastercard, Discover & American Express)
  • Online Banking
  • ACH/eCheck
  • PayPal
  • Apple Pay
  • Play+ Prepaid Card
  • Venmo
  • Wire Transfer
  • DraftKings Gift Card
  • Cash at the Casino Cage (in-person)

It’s essential to note that the availability of these methods may vary dep✤ending on your location and applicable state regulations. I recommend checking the DraftKings Sportsbook website or contacting customer support for the most accurate and up-to-date information regarding banking options in your specif✨ic region.

DraftKings Customer Support

DraftKings Sportsbook offers multiple avenues for customer su🎃ppཧort, ensuring that users can seek assistance in an efficient manner. The available customer support options at DraftKings include:

💬 Live ChatDraftKings provides a live chat option for real-time assistance. You can access the live chat feature through the DraftKings website or mobile app and engage in instant messaging with a support agent at the drop of a hat. Live chat support is available 24 hours per day, 7 days per week.
📲 X (Formerly known as Twitter)Those who are heavily engrained in social media can opt to contact DraftKings customer support via X. Send over a DM or simply mention them in a post @DK_Assist.
☎️ Request a CallbackDraftKings does offer phone support, however you must submit a form online and request a callback. Callbacks are only available for sportsbook and casino customers, so daily fantasy sports users are unfortunately out of luck here.
📞 Leave a VoicemailSimilar to the callback option mentioned above, you can also leave DraftKings a voicemail and wait for an agent to get back to them.
📬 By MailGood old snail mail. It might take quite some time, but you’ll also have the option to submit a letter by mail to DraftKings Customer Support at 222 Berkeley Street, Boston, Massachusetts (02116).

Pros and Cons of DraftKings Sportsbook

Screenshot of the DraftKings Sportsbook desktop website in New Jersey.

While my experience testing out the DraftKings Sportsbook app was generally a positive one, no online sportsbook comes without its flaws. I’ve highlighted the brand’s most notable pros and cons below in hopes of giving potential new users a better idea of what to expect.

Pros of DraftKings Sportsbook

  • Wide Availability: DraftKings Sportsbook is rivaled only by FanDuel in terms of its availability throughout the United States. The platform is currently live in 25 states plus Washington D.C. In addition to that, DK’s shared wallet across states makes the experience extremely convenient for any users who often travel from one state to another. No additional registration is required when doing so, which is not the case for many competitors. 
  • Market Diversity: The platform covers a diverse array of sports, leagues and markets, offering the opportunity to wager on both major sports and niche events. 
  • Promotions and Bonuses: One of DraftKings’ greatest strengths is its generous promotions and bonuses for both new and existing users. These offers can include reload bonuses, odds surges, and profit boosts, providing added value and incentives for continued user engagement.

Cons of DraftKings Sportsbook

Some areas of improvement for DraftKings Sportsboo🍃k to consider include:

  • Technical Glitches: I have experienced occasional technical issues while using the platform, including app crashes and slow loading times on certain menus. While these incidents are not universal and may be infrequent, technical glitches definitely have a major impact on the overall user experience.
  • Customer Support Challenges: While DraftKings does provide multiple customer support channels, I have experienced challenges involving the responsiveness and efficiency of its customer support at times. I personally feel that DraftKings should consider adding a direct hotline to its list of customer service options at some point in the near future for the quickest and most convenient support possible.

What Makes DraftKings Sportsbook Unique?

Screenshot of the Pools lobby on DraftKings Sportsbook’s desktop website.

For starters, its lobby of free and paid pools and contests definitely sticks out the most. This is easily the most unique aspect of DraftKings’ platform, as I can honestly say I’ve never seen something like this offered by any of its competitors. The ability to enter free pools and contests allows all users to remain involved and get some skin in the game even if they aren’t looking to risk any of their own money.

Additionally, the aforementioned shared account and wallet across states is another unique feature at DraftKings. Although I have seen other sportsbooks offer this functionality, it still isn’t as common as it should be and absolutely enhances my chances of using DraftKings when traveling into a new state that has access to the brand.

Lastly, DraftKings’ current signup bonus isn’t the most unique offer out there, but it definitely outpaces most of the competition when it comes to the terms associated with it. Unlike other sportsbooks that might require your initial $5 wager to win in order to receive your bonus, the DraftKings promo code instantly pays out $250 in bonus bets following the settlement of that promotional wager.

DraftKings Sportsbook FAQs

For any further inquiries that aren’t addressed below, I recommend checking out the detailed FAQ section available on the brand’s app or website.

What is the DraftKings Sportsbook promo code?

You don’t need a specific DraftKings promo code to claim the site’s Bet $5, Get $250 in Bonus Bets welcome offer. If you are a first-time user with the site, you can simply click on this link to begin the registration process and claim your DraftKings promo code.

Can I claim the DraftKings Promo Code if I’m an existing user?

Unf🤡ortunately, no. The DraftKings Sportsbook promo code is exclusive to first-time users with the brand only. If you have previously created a DraftKings Sportsbook account in another state or for another DraftKings product, you will not be eligible to claim the Bet $5, Get $250 in Bonus Bets welcome offer.

How does the DraftKings signup bonus work?

All you’ll need to do to claim the signup offer at DraftKings is register for a new account, make a minimum deposit of at least $5 and then place an initial bet of $5 or more on any sports market. Regardless of whether or not your qualifying wager wins, you will instantly receive $250 in bonus bets!

Which states can use DraftKings Sportsbook?

As mentioned above, DraftKings Sportsbook is available for use in 25 different states plus Washington D.C. Sports bettors based in the following jurisdictions can access the site and app: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland,💃 Massachusetts, Maine, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, Washington D.C., West Virginia, and Wyoming.

What are the deposit options at DraftKings Sportsbook?

You’ll have the ability to deposit money using any of the following methods: credit or debit cards, online bank account transfers, ACH/eCheck, PayPal, Apple Pay, Play+ prepaid card, Venmo, wire transfer, DraftKings gift card, or cash at an affiliated casino cage.