Best DraftKings Promo Code (July Update)
DraftKings offers various promotions throughout the year, but its deposit bonus for new users is by far its largest. New users to the DraftKings platform are eligible to receive a deposit match bonus worth up to $1,000 when they use the DraftKings promo code above. Click here to claim this offer, make a minimum $5 deposit, and DraftKings will match your deposit up to $1,000, which will be awarded as site credits available to you on DraftKings. You will also receive a free bet worth $50 after the deposit. All in all, the DraftKings promo code totals up to $1,050 in bonuses.
DraftKings $1M Survivor and Pick’em Pools
Outside of its welcome bonus, DraftKings is also offering season-long NFL Pick ‘Em Pool and Survivor Pools with a $1 million prize for each. The NFL Pick ‘Em Pool has its members pick NFL games each week; for every pick they get right, they receive a point -most points accumulated by the end of the season wins. Each member of the survivor pool will pick just one team each week to win its game. You can only pick a team once the entire season. If a member picks wrong, he/she is eliminated from the pool. The last person standing wins the survivor pool.
DraftKings F1, MLB, & Tour De France Betting Markets
There are lots of events coming up where DraftKings users will be able to leverage these promotions. The next Formula 1 race, the French Grand Prix, will be held on July 24, and DraftKings has future bets and race markets available on their mobile and desktop for F1 fans. The second half of the MLB season is also underway, as well as the Tour De France cycling event.
DraftKings & Sports Betting News
In recent industry news, Ohio legalized sports betting earlier this year and is eyeing a Jan. 1 launch to kick off its market. DraftKings was among the first commercial operators to apply for licensing in the state, but no operator has received a license yet.
On May 6, DraftKings announced via press release that its first-quarter revenue was up to $417 million, a 34% increase year over year. Its sportsbook is present in 17 US states, representing approximately 36% of the U.S. population and another 11% via its iGaming platform, which is available in five states.