DraftKings promo offers $150 in bonus bets after a qualifying $5 bet, spread over 14 days. New customers must deposit a minimum of $5 to qualify.
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DraftKings is one of the top sportsbooks in the states that have legalized sports betting, with high user ratings and a consistent top-three rank in betting handle. New users who sign up with DK are able to take advantage of the welcome offer easily.
| Welcome Bonus | Spend $5 Get $150 in Bonuses |
| Promo Code | No Code Needed |
| Minimum Deposit | $5 |
| Valid States | AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WY, and WV |
| Last Updated | October 2026 |
You can redeem the DraftKings welcome bonus by following these steps:
The following terms and conditions apply to the DraftKings welcome bonus and should be considered before registration.
DraftKings’ welcome bonus allows you to customize your bonus benefits to a degree, as the credits are disbursed as $25 bonus bets. These bonus bets can be played as individual wagers, combined to use the full bonus in site credits as one stake, or mixing and matching with real-money wagers.
However, the important thing to remember is that bonus bet values are not included in that payout of your winning wagers. This can be confusing to new bettors, so we hope this clears things up.
On a winning real-money wager, the formula for calculating your payout is stake + winnings = payout. For example, a $25 real-money stake at +200 odds would win $50 and pay out $75 ($25 stake + $50 winnings = $70 payout).
However, if you are using a $25 bonus bet on those same odds (with no cash stake), you’ll only receive the $50 winning from the bet. This is because bonus bets have no cash value.
There are several places where you can find DraftKings bonuses, but the easiest is right in front of you! Bettor In Green will always list the latest and greatest DraftKings welcome bonus offer, along with any relevant terms and conditions, simplified for your convenience.
If you’re using the DraftKings mobile app, you can learn about other bonus offers by tapping the “Rewards” icon in the bottom right corner of the screen, then tapping “Promos” (it may open to that menu immediately). On the web, click “Sportsbook” at the top of the page, then “Promos” to access bonus info.
The DraftKings bonus offers $150 in bonus bets after placing a minimum bet of $5 in any market. In comparison, Bet365 gives a possible refund of your first bet up to $1,000 or you can bet $5 and receive $300 in bonus bets. On the other hand, Caesars Sportsbook offers 20 100% profit boosts after betting just $1, which can potentially generate more profit than the flat bonus bet offers. Each of these bonuses come with different terms, suiting different types of bettors and betting strategies.
Yes, DraftKings always offers a bonus for new signups. DraftKings knows the importance of having generous, easy-to-use welcome bonus offers for new players, as it is often one of the biggest motivators for sportsbook signups.
As a result, you’ll often find DraftKings’ welcome bonus to be one of the best values among sportsbook promos for new players.
Here are a few of the additional promotions and bonuses that you’ll be able to claim on DraftKings.
Find the best DraftKings Sportsbook promotions near you. Click your state below to unlock exclusive offers:
DraftKings launched in Boston in 2012. Its first product was a daily fantasy sports (DFS) platform, offering a one-on-one baseball contest that started on MLB’s Opening Day that year.
By February 2014, DraftKings reported it had paid out more than $50 million in prizes to DFS baseball, hockey, basketball, and weekly fantasy football players. As the company continued to grow, it forged partnerships with Major League Baseball and the National Hockey League to help grow the brand.
In November 2016, DraftKings attempted a merger with top rival FanDuel. However, this merger was blocked by the threat of litigation from the Federal Trade Commission (FTC) over concerns of a monopoly (the FTC projected the company post-merger would’ve held more than 90% market share in the DFS space).
After the Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA)unconstitutional, DraftKings launched its online sportsbook in New Jersey in August 2018, becoming the first operator to go live in the state.
DraftKings has been known to innovate in the sports betting space, but it has also found itself on the receiving end of public backlash. In 2023, DraftKings offered a promotion themed around the September 11, 2001, terrorist attacks to encourage betting on New York teams; the promo was pulled after criticisms that the offer exploited national tragedy in a tasteless manner, with DK publicly apologizing for the insensitivity.
In 2024, DraftKings also announced it would be introducing a “winning surcharge,” where players in select states with high tax rates on sports betting would see a nominal percentage of their winnings taken away on each winning bet. DraftKings has since reversed this decision after both user outcry and other top operators rejecting the idea.
DraftKings has different degrees of legality across the United States for its DFS, online casino, retail sportsbook, and online sportsbook products. To clear up confusion, we’ve provided a list of states where DraftKings is legal and illegal, as well as what platforms are permissible.
DraftKings users will love the massive selection of sports to choose from, with ample market coverage of the “Big Four” and niche sports alike. Here are the sports and leagues available to you through DraftKings Sportsbook.
Another major benefit of DraftKings is the ease of managing your bankroll. DK offers one of the largest lists of approved payment methods, with payout times seldom taking longer than 24 hours depending on which option you choose.
DraftKings also does not charge any fees for moving your money, so you won’t have to worry about leaving some of your winnings on the table.
Here are the banking methods you can use with DraftKings Sportsbook. NOTE: It’s possible certain banking methods may not be available in your state.
| Banking Method | Able To Deposit? | Able To Withdraw? |
|---|---|---|
| Apple Pay | Yes | Yes |
| Bank Wire Transfer | Yes | Yes |
| Cash At Cage | Yes | Yes |
| Cash At Retail Shops | Yes | Yes |
| Checks (via USPS) | No | Yes |
| Credit Card | No | No |
| Debit Card | Yes | Yes |
| DraftKings Gift Card | Yes | No |
| Electronic Gift Card | Yes | No |
| Online Banking | Yes | Yes |
| PayPal | Yes | Yes |
| Play+ Prepaid Card | Yes | No |
| Trustly Verified Withdrawals | No | Yes |
| Venmo | Yes | Yes |
| VIP Preferred (e-check) | Yes | Yes |
DraftKings tends to jockey with FanDuel for the top rating among mobile sports betting apps. The two are consistently the highest-rated, which is especially impressive given the large sample size of reviews and that reviews tend to skew toward less favorable scores.
As of August 30, 2024, DraftKings has a 4.8/5 rating in the Apple App Store and a 4.6/5 rating in the Google Play Store.
The app is free to download and is also integrated with the casino platform, allowing you to switch between the two near-seamlessly if you’re in a state where online casino gambling is legal.
Here are a few app store reviews we found to be insightful.
A 4-star reviewer from August 2023:
“I’ve had no issues with this app ever since I downloaded it about a year ago. The withdrawals are fast and their customer support is great! However, the app does get progressively sluggish the longer it’s being used. I often have to force stop the app and clear Cache for it to run well again.”
A 3-star reviewer from November 2023:
“Needs to work on speed. this is a very slow app compared to others. my phone is not the best but live betting is much easier on other apps. all in all good bonuses, no casino luck really. Much better parley options than others. I’d give a higher rating but the speed is a big issue.”
A 5-star reviewer from August 2024:
“Smooth and simple process from start to finish. They deliver on their promos, and they’re quite generous with them too. Great first time betting experience.”
As alluded to above, DraftKings does a solid job with their customer service team. Their FAQ support pages are some of the most detailed and helpful in the industry, especially for new sports bettors.
The support chat begins with an automated chatbot directing your responses. The chatbot does everything it can to answer your questions without directing you to a live agent, which we admittedly found amusing.
However, if the chatbot can’t provide you with the information you’re looking for, you’ll be referred to email support. The email support team will typically contact you within an hour of your initial request.
We found the support email to be quite helpful, and we particularly appreciated the follow-up email afterward to affirm all questions were sufficiently answered.
Unfortunately, DraftKings does not offer customer support over the phone, so you’ll be left with one of the other options. However, we still believe that you’ll have a smooth time working with DK’s support team.
Bettor In Green’s opinion on DraftKings Sportsbook is that you’ll thoroughly enjoy your DK experience and that it will likely become one of your most-used sports betting platforms. The generous and frequent promotions, superior offering of betting markets, and reliable mobile app are sure to please casual and hardcore bettors alike.
If you’re interested in signing up for DraftKings Sportsbook, use the link at the top of this page to access the registration form. Clicking that link helps us continue to bring you the most helpful, informative betting content we can, and it ensures you’re accessing the best available welcome bonus offer.
Good luck, have fun, and always gamble responsibly!
No, you cannot use DraftKings promos more than once. However, DraftKings will run similar promotions for returning players, so if you miss a promo, you’ll likely be able to see it again.
If your DraftKings promo doesn’t work, you should first check that you signed up correctly. After that, contacting DraftKings’ customer support team will help get things sorted out.
DraftKing releases new promotions daily. However, most DraftKings promos require an opt-in to claim.
No, you cannot use more than one promo at a time on DraftKings. DK’s promos will include language in the terms and conditions indicating that bonuses “may not be combined with any other offer.” As such, you won’t be able to double-dip on promos.
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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).
