DraftKings Promo Code - Bet $5, Get $150 in Bonus Bets - Instantly (2024)

Born in 2012, Boston-based DraftKings has built its reputation as an industry leader in online gaming. From daily fantasy sports to legal online sports betting, the brand has changed the way that we engage with sports. Whether you’re sweating DFS lineups or cheering for your favorite team to cover, DraftKings is, well, King.

How does DraftKings continue to crush the sports betting and DFS space? You could look at the brand’s ease of use, the sparkling DraftKings sportsbook app, quality customer support, or any number of other bells and whistles… but ultimately it comes down to promotions. DraftKings has lucrative promo offers available for users across the country, often without the need for a DraftKings bonus code.

DraftKings Promo Code

Now active and accepting legal wagers in several states, DraftKings Sportsbook is hard to top. You don’t need a DraftKings promo code to redeem a big-time welcome offer!

📲 DraftKings Promo CodeNo promo code needed—claim here!
💰 DraftKings Welcome BonusBet $5, Get $150 in Bonus Bets – Instantly!
Eligible StatesAZ, CO, CT, IN, KS, KY, MA, MD, ME, NY, TN, VA, WV
📝 Terms and Conditions21+. Must be physically located in AZ, CO, CT, IN, KS, KY, MA, MD, ME, NY, TN, VA, WV. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (AZ/CO/IA/IL/IN/KS/KY/LA/MD/ME/MI/NC/NH/NJ/OH/OR/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.1800gambler.net (WV).

In other states, new DraftKings users have access to a different welcome offer:

📲 DraftKings Promo CodeNo promo code needed—claim here!
💰 DraftKings Welcome BonusBet and Get up to $300 in Bonus Bets – Instantly!
Eligible StatesIA, IL, LA, MI, NC, NJ, OH, PA, VT, WY
📝 Terms and Conditions21+. Must be physically located in IA, IL, LA, MI, NC, NJ, OH, PA, VT, WY. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (AZ/CO/IA/IL/IN/KS/KY/LA/MD/ME/MI/NC/NH/NJ/OH/OR/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.1800gambler.net (WV).

If you don’t live in, or aren’t visiting a state with access to DraftKings Sportsbook in the near future – don’t fret. The DraftKings DFS bonus offers new sign-ups a chance to pocket a nice welcome offer on that end as well. Aside from the awesome promo offer, we also absolutely love DraftKings’ slick, user-friendly platform. It’s without a doubt one of the best mobile sports betting apps.

Welcome Offer on DraftKings Sportsbook

Create your account using our links, deposit, and you’ve got an opportunity to claim some Bonus Bets coming your way. There is no need for a DraftKings Sportsbook promo code to get this welcome offer. If your first bet is a dud, DraftKings Sportsbook will offer up a bonus bet your way. Please note, when wagering with bonus bets, users will only receive the winnings back – not the initial stake.

Can Existing Users Claim the DraftKings Bonus Offer?

Having a DraftKings daily fantasy sports account DOES NOT disqualify you from this offer, but this must be your first ever deposit/bet on the site. Remember, DraftKings does not require a DraftKings promo code to receive these perks.

DraftKings DFS Bonus Offer

While sports betting legislation is still making its way across the country, DraftKings DFS is already available in most states. DFS players are invited to claim a welcome offer on that end of the spectrum as well to use for daily fantasy sports. Again, you don’t need a DraftKings Sportsbook promo code to get this.

Additionally, new DFS sites have emerged in recent years and prepare to take DraftKings head on in 2023.

Underdog Fantasy is battling, and winning, when it comes to Best Ball fantasy football drafts. The Underdog Fantasy promo code gives new users an enticing $100 sign-up bonus.

Meanwhile, Betr Picks and Sleeper Fantasy have both launched Fantasy Pick’em products, similar to PrizePicks.

The Sleeper promo code is also a generous $100 bonus, and so is the PrizePicks promo code.

DraftKings Deposits and Withdrawals

You need money to play, right? If you’re like most bettors, you want depositing money to be an easy process that you can complete in a few minutes. Adding funds to your DraftKings account is really simple. The site offers plenty of easy-to-use banking methods that can be tapped to transfer your funds to the site. The options that are available to you will depend on a couple of factors. Generally speaking the DFS app and the sportsbook app have some options in common, but not all of them. Similarly, with DraftKings Sportsbook you may not have the exact same list of options in every state. That being said, you won’t have trouble funding your account and claiming your DraftKings deposit bonus. Available options for depositing funds include:

Deposit Options

Withdrawal Options

DraftKings Shared Wallet Feature

One of the major benefits of using a site like DraftKings is that it offers the luxury of a shared wallet. You can deposit funds to the DraftKings Daily Fantasy Sports site and use them to bet on sports if you’re in a state that permits it, and vice versa. If you’ve funded your DraftKings account through one product, that money is accessible through the other products. This also means that if you create an account to bet on sports in one regulated state, like New Jersey, you don’t have to create a new account to bet with DraftKings if you cross over into Pennsylvania. It just makes things simpler and easier for the user.

Preparing To Bet With DraftKings Sportsbook

DraftKings will accept bets from all persons who are legally allowed to place them. Generally, as long as you’re in a state in which DraftKings Sportsbook operates, and of age, you’re good to go.

Age Requirement

With just a few exceptions the age requirement to bet on sports in the U.S. is 21+. DraftKings is the exclusive sports betting provider in New Hampshire, however, which chose to set their betting age at just 18. More broadly speaking though, it’s a 21+ activity across the country.

Creating an Account with DraftKings

Creating a DraftKings Sportsbook account can be done without much fuss using the DraftKings Sportsook app. You’ll need to provide some personal information like your legal name, address, birthday, choose a password, etc. Crucially, the last four digits of your Social Security Number are also required before you’ll be allowed to place a bet.

Location Services

The first requirement we mentioned, location, is vitally important for online betting in the U.S. If your person is not present inside of a state that has legal sports betting, you won’t be able to place a wager… even if you already have an account and funds to bet with. Since online betting is obviously done digitally, DraftKings relies on geolocation tech to confirm your location.

When betting from the DraftKings Sportsbook app using a phone or tablet, simply enable location services. The app will be able to pull the info it needs from the built-in GPS chip on your device. If you want to bet from a laptop or desktop computer you’ll be prompted to download and install a separate geolocation plugin program that can certify your location.

DraftKings Geolocation

DraftKings Sportsbook: Current States

To put it as a metaphor, DraftKings Sportsbook is the water to the U.S. sports betting market’s glass. No matter how big the glass is, DraftKings will expand to fill it. The company’s sports betting presence in the country is near ubiquitous, with successful operations in an impressive, growing collection of states. You can currently bet with DraftKings in all of the following:

StateLicense PartnerLaunch Date
New JerseyResorts ACAugust 6, 2018
West VirginiaHollywood Casino at Charles Town RacesAugust 28, 2019
IndianaAmeristar Casino East ChicagoOctober 3, 2019
PennsylvaniaHollywood Casino at Penn NationalNovember 4, 2019
New HampshireNew Hampshire State LotteryDecember 30, 2019
IowaWild Rose Casino & Resort, West Des MoinesFebruary 19, 2020
ColoradoGolden Gulch Casino, Mardi Gras CasinoMay 1, 2020
IllinoisCasino Queen East St. LouisAugust 5, 2020
TennesseeN/A - Tennessee is online onlyNovember 1, 2020
MichiganBay Mills Resort CasinoJanuary 22, 2021
VirginiaN/A - Not requiredJanuary 24, 2021
WyomingN/A - Wyoming is online onlySeptember 1, 2021
ArizonaTPC Scottsdale/PGA TourSeptember 9, 2021
ConnecticutMashantucket Pequot Tribe (Foxwoods Casino)October 19, 2021
New YorkNYGCJanuary 8, 2022
OregonOregon State LotteryJanuary 18, 2022
LouisianaGolden Nugget CasinoJanuary 28, 2022
KansasBoot Hill CasinoSeptember 1, 2022
MarylandMaryland State FairgroundsNovember 23, 2022
OhioHollywood Casino ToledoJanuary 1, 2023
MassachusettsRaynham Park March 10, 2023
KentuckyN/A - Mobile OnlySeptember 28, 2023
MainePassamaquoddy TribeNovember 3, 2023
VermontN/A - Mobile OnlyJanuary 11, 2024
North CarolinaNASCARMarch 11, 2024

Now, one would think that because it’s the same company, in the same country, that the DraftKings Sportsbook experience would be consistent from state to state. For the most part, that is true. However, since every individual state government can craft its own rules, there are some niche differences worth noting… and note we will:

New York

New Jersey

West Virginia

Indiana

Pennsylvania

Iowa

New Hampshire

Colorado

Illinois

Tennessee

Michigan

Virginia

Wyoming

Arizona

Connecticut

Louisiana

Oregon

Kansas

Maryland

Ohio

Massachusetts

Vermont

The DraftKings Sportsbook app arrived in Vermont in January 2024. The state recently legalized mobile sports betting and it was recently announced that Fanatics, DraftKings, and FanDuel will be the first three sportsbook apps to open up in the state. Since there are no casinos in Vermont, the sportsbooks will be mobile-only similar to Tennessee.

North Carolina

DraftKings partnered with NASCAR to gain access to the North Carolina betting market. The sportsbook launched in NC on March 11, 2024, the first day it was allowed to do so.

New customers in NC can get up to $150 in bonus bets when they bet $5+. Click here to get this great promotion. No promo code needed!

Bets Offered at DraftKings Online Sportsbook

DraftKings is taking real money online wagers on all the major sports for as little as $0.10. All the standard betting options are available, including single game bets like totals, moneyline, the spread, futures, props, parlays up to 12 bets combined, and round robin parlays (multiple parlays on one ticket) and teasers. Odds can easily be changed to three different formats, American (+143, -150) Decimal (1.20, 3.50) or Fractional (10/1, 9/5).

Spreads, Moneylines and Totals

Bets can be made on the typical point spreads, money lines, and totals. The most exciting and innovative feature is “Live” in-game betting. Live betting allows users to place bets as the action happens. You can wager on every pitch, every down, or every point, and the odds are constantly updating in real time. There is also a “cash out” feature that allows bettors to do just that. Before the outcome of your wager is decided, using the odds displayed in the in-game betting section, you can pull the rip cord and claim an early (though smaller) win, or a less painful loss if things aren’t looking good.

DraftKings Sportsbook Homepage for Desktop
DraftKings Sportsbook Homepage for Desktop

Available Betting Markets on DraftKings

All major betting markets permitted by state law will be available on DraftKings Sportsbook. Some states, like Colorado for example, have more niche choices, but you can count on pretty much all of the following no matter where you are:

Bet With a Browser or Mobile App

DraftKings is available through both iOS and Android apps, or via desktop with the use of a web browser. The desktop version allows users to easily switch between DFS, sportsbook, and casino (in states that permit it), and shares balances across all platforms through one wallet. Generally speaking it is a more spacious version of the mobile product, but both are very similar.

The overall DraftKings layout is very user friendly and allows both sports betting veterans and rookies alike to easily find what they are looking for. Popular games are listed on the top of the screen with a drop-down menu to find any, and all sports listed A-Z. Above this, a link to your active bets and live in-game betting options, with a betting slip prominently displayed on the right for an easy summary of wagers and potential payouts.

Mobile App Overview

The mobile app runs through a list of menu options along the bottom of the screen. Similarly, your betslip will pop up from the bottom as opposed to on the right, as it does on the browser-based version. DraftKings, having operated its DFS app successfully for years, is no stranger to optimized mobile products. Their sportsbook app is a success.

DraftKings Mobile App

DraftKings Sportsbook Rewards Program and Promotions

By tapping on the Rewards > My Rewards button at the top of the DK homepage it’s possible to check out the offers that are currently available to you. The DraftKings Sportsbook loyalty program isn’t an exact science. It revolves around the completion of specific “missions” to receive corresponding rewards, though the missions will be unique to you. Generally speaking though it is volume based, so the more you wager, the more you’re likely to get back if you win.

Under Rewards > Promotions you can see all of the site-wide offers that DraftKings has made available. Common promos include:

Typically there is no DraftKings Sportsbook promo code needed to claim these offers.

DraftKings DFS Rewards Program

DraftKings has its own currency, Crowns, which has replaced Frequent Player Points (FPPs) for DFS. Crowns can be accumulated by taking part in any of the following:

Achievements Program

Recently DraftKings has rolled out an achievements program that is similar to many popular video games and is clearly targeted towards recreational players. Each achievement varies in difficulty and reward. You can be rewarded for the number of contests entered, or number of days/weeks that you have entered a contest consecutively. Rewards are paid out in Crowns, DraftKings own on site currency, and can be used for purchasing contest tickets.

The Crowns themselves are not worth very much – in order to purchase a $20 ticket you need 11 000 Crowns. 550 crowns are worth a dollar, 5.5 crowns are worth 1 cent. If you enter NBA contests in consecutive weeks you will be awarded 20 crowns, or almost 4 cents! The promotion is a good idea at its core, but the level of reward to players leaves something to be desired. With the value of the crowns being so low a recreational player could spend a lot of money chasing rewards that are of almost no monetary value.

Daily Rewards Program

In order to receive daily rewards you have to click on the daily rewards button on the Rewards dropdown menu. Your reward for each day depends on your status, which is calculated monthly based on the number of crowns earned.

Status Tiers

The status tiers are as follows:

Missions

Missions are also available to be completed on a daily basis. They are personalized based on your play, meaning they won’t be too difficult to complete. The amount of Crowns you will receive for completing your mission will vary.

DraftKings Daily Fantasy Sports

While we’ve focused more on sports betting thus far, it’s time to get back to basics. DraftKings was founded in Boston by three former VistaPrint employees who sought to bring daily fantasy sports to the masses. They’ve done just that. While it now covers virtually every aspect of online gaming, DraftKings will always be synonymous with daily fantasy sports.

Loaded with freerolls, guaranteed prizepools, and the occasional overlay, DraftKings knows how to attract the Daily Fantasy Grinder and casual player alike. Simply put, if you enjoy DFS, you should be playing on DraftKings. Play legally today from 43 states (excluding Arizona, Nevada, Idaho, Montana, Washington, Oregon, and Hawaii).

We already covered the DraftKings DFS promo code above, so we won’t rehash the details, but suffice to say there’s a juicy welcome offer waiting for you. Scroll up to read more about it. Let’s have a look at the game variety on DraftKings.

DraftKings Fantasy Homepage

DraftKings DFS Game Types

DK has all sorts of daily fantasy sports contests. They’ve got traditional tournaments, cash games, and qualifiers. You can play single game contests, full slates, showdowns, and more. Most games will utilize the standard salary cap model – you’re allotted a set amount of salary and can pick any players you want, as long as you are below the cap. However, they also have tiers contests (pick a player from each tier) and snake draft contests (pick players through a standard snake draft) that are a nice shake up.

Overall, if you’re craving some fantasy action on an upcoming game, DraftKings has you covered. Contests can be found in a variety of sports:

DraftKings DFS Tournaments

DraftKings is known for game changing DFS tournaments. You won’t find bigger prizepools, or a better opportunity to stake a claim to life changing money. There are massive, multi-entry contests, in addition to smaller single-entry events where everyone gets one shot at the top lineup. Contests are available at a full range of buy-ins and field sizes, and can be enjoyed by all DFS players.

DraftKings DFS Cash Games

DFS players looking to avoid the potential swings of tournament play can find their comfort zone playing cash games. 50/50s, Head to Head, and Double Ups are all available where the lone goal is to do just that… double up. Out perform half of your opponents and double your money. Your odds of winning are greater than in tournaments, but the payoff isn’t as large. DraftKings cash games require a completely different strategy and mindset when compared to tournaments, but are a lot of fun to play.

DraftKings Qualifiers

If you’re looking to play a contest that’s a little out of your bankroll, qualifiers are a great way to get in for less. By winning your entry into a larger event through a DraftKings DFS qualifier you keep your expenses down, and your potential winnings high. Plus, DraftKings offers some of the best Live Final experiences in the industry. Players can win the trip of a lifetime to an exciting destination city like Las Vegas or Miami, with the added bonus of getting to compete for a prestigious title and a massive payout.

DraftKings Best Ball

Best Ball is all the rage in the fantasy football community. You get the joy of drafting a team, but don’t have to sweat out your waiver picks every week or lineup choices. With DraftKings Best Ball you draft a team of 20 players in a standard snake draft against real opponents… and that’s it. Each week you can sweat your team and DraftKings will automatically substitute in the players that perform the best at each position. At the conclusion of the season the best teams will be rewarded accordingly based on the contest terms.

DraftKings offers a number of different Best Ball contests, including a NFL Best Ball Millionaire that will award one player with a million dollars.

DFS Mobile App

In addition to a mobile-optimized website, DraftKings DFS offers a mobile app for iOS and Android. Versions are available on both iPhone and iPad devices, check the app store, while you can grab the Android app through the website. The app is intuitive and makes managing your teams on the fly even easier than ever before. The app mimics the functionality found on the mobile website and features the additional capabilities as well.

Keep in mind that the DraftKings DFS app is a separate app from the DraftKings Sportsbook app. While your account information and bankroll may be shared between the two, they require separate downloads, and are separate products.

DraftKings Fantasy Mobile App

Customer Support on DraftKings

If you need support, just scroll to the bottom of the page and click on “Contact Us” and it will take you to a page with all of the available options. Support is available 24 hours a day, and seven days a week.

Draftkings FAQs

Who can place bets on DraftKings Sportsbook?

Anyone who is 21 years of age or older and is physically located in a state with legal wagering. Currently, active states include: New York, New Jersey, West Virginia, Indiana, Pennsylvania, Iowa, Colorado, Illinois, Tennessee, New Hampshire, Michigan, Wyoming, Arizona, Virginia, Oregon, Kansas, North Carolina, Vermont, and Louisiana. Note: DraftKings DFS is available in more states than the sportsbook. NV, ID, MO, WA, OR, and HI are the only states where you can’t play DraftKings DFS.

What is the best DraftKings Sportsbook promo code?

There aren’t any exclusive DraftKings promo codes. Register through any of the links we’ve provided to claim the welcome offer of Bet $5, Get $150 in Bonus Bets – Instantly! or Bet and Get up to $300 in Bonus Bets – Instantly! depending on your state.

Do I have to live in a certain location to bet on sports on DraftKings?

Yes, DraftKings is available in select states with legal online sports wagering.

I have a DFS account with DraftKings, can I use those funds to place sports bets?

Yes you can. DraftKings utilizes a shared wallet across its various iGaming platforms. You can use the same bankroll to wager on sports, play DFS, or even gamble in the DraftKings Casino (in states where it is available).

Is the DraftKings online sportsbook legal?

Yes it is. DraftKings Sportsbook has obtained all of the necessary licenses to offer legal, regulated online sportsbooks in a variety of U.S. states. Similarly, DraftKings runs completely legal daily fantasy sports operations in each of its states of operation.

About the Author

schmitto
Matt Schmitto (schmitto)

Matt Schmitto is an Organic Strategy Lead for Better Collective. He was introduced to daily fantasy sports in 2012 and soon became a member at RotoGrinders. Seven years later, Schmitto joined RotoGrinders Network full time as a staff writer shortly after the Supreme Court overturned PASPA. He has since covered important stories in the sports betting and fantasy sports industries for sites like SportsHandle and USBets and has had roles as a sports betting editor and commercial content lead. He continues to play DFS and loves placing Futures bets at sportsbooks. His favorite DFS sites are Underdog Fantasy, and PrizePicks, and DraftKings. Follow Schmitto on Twitter – @Matt_Schmitto