DraftKings Promo Code: Get $1,250 in Bonus Bets With Latest Code

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✅ Exclusive $50 bonus bet with first deposit


✅ Bet $5, Get $200 in bonus bets


✅ 20% deposit match up to $1,000


✅ Expires: January 27, 2025


GET $250 INSTANTLY

The newest DraftKings promo code is now available. With it, users can claim a “bet $5, get $200” bonus, plus a $50 bonus bet with first deposit, & a $1,000 deposit match at 20%. The overall value of the DraftKings promos is $1,250 in welcome bonuses!

Up to $1,250 Bonus
New User Bonus. T&Cs Apply.
Top Features
  • Bet & Get up to $200 in Bonus Bets
  • PLUS up to $1,000 Deposit Bonus
  • PLUS $50 Bonus Bet on Deposit
  • PLUS King of the End Zone Promo
  • Gambling Problem? Call 1-800-GAMBLER

DraftKings promo code for new users

The DraftKings Sportsbook welcome bonus does not require a promo code to claim. You just need to sign up for a new account, deposit at least $5 and place your first bet for $5. Do that and you’ll have $250 in bonus bets added to your account. Plus, your initial deposit qualifies for the 20% match for up to $1,000.

DraftKings Promo CodeNo code, click to claim $250 instantly
Maximum Welcome Bonus$1,250
Deposit bonus$50 bonus bet with first deposit
First bet bonus$200 in bonus bets with first $5 cash bet (win or lose)
Deposit match bonus20% match up to $1,000
Bonus available inAZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY
DraftKings Mobile AppiOS & Android
Minimum Deposit$5
Deposit OptionsCredit/debit cards, online banking, wire transfer, VIP Preferred eCheck, Venmo, PayPal, check
Offer expiresJanuary 27, 2025
Promo code valid as ofJanuary 16, 2025

What to know about the latest DraftKings sign-up bonuses

Here is everything you need to know about the DraftKings promo code offer available today:

Exclusive Sign-Up Bonus$50 bonus bet with first deposit
Regular Sign-Up BonusBet $5, Get $200 in bonus bets
Additional BonusUp to $1,000 deposit match
Minimum Deposit$5
Minimum Wager$5 (to qualify for the bet and get bonus)
Eligible States (get $200 bonus win or lose) AZ, CO, CT, IN, MA, ME, NC, OH, PA, WY (18+), WV
Eligible States (must win to get $200 bonus)DC (18+), IA, IL, KS, KY (18+), LA, MD, MI, NJ, NY, TN, VA, VT
DraftKings Mobile AppAndroid & iOS
Offer ExpiresJanuary 27, 2025
Last VerifiedJanuary 16, 2025

DK sportsbook promo code terms and conditions

You do not need a DraftKings promo code to claim the $1,250 welcome bonus, but there are a few things you need to know about the sign-up offer. Here are the latest DraftKings Sportsbook terms and conditions:

  • Offer valid through January 27, 2025 at 11:59 p.m. ET
  • 20% deposit match bonus comes with a 25x playthrough requirement. And you have 90 days to unlock all available bonus cash. Any bonus cash not released during the 90-day window will be forfeited.
  • $50 bonus bet awarded after making your first bet for $5 or more.
  • $200 in bonus bets awarded after placing your first cash bet for $5 or more. You get the $200 in bonus bets regardless of the outcome of your qualifying bet. Those bonus bets come as eight $25 bonus bets.
  • All DraftKings bonus bets expire seven days after being issued. The value of the bonus bet is not returned to you if your bet with it wins. Only the winnings come back.
  • The $1,000 deposit match offer is not available in Massachusetts.

LSR Tip: The DraftKings deposit match bonus comes with a 25x playthrough requirement. That requirement means you get $1 in bonus cash for every $25 played on any DraftKings product. This means you can release your bonus funds by betting at DraftKings Sportsbook, entering DFS contests at DraftKings Fantasy, or wagering at DraftKings Casino.

DraftKings promo code vs. other sportsbook promos: Which is better?

When it comes to sports betting, the promo code offer can make a big difference in your overall experience. While many sportsbooks advertise enticing bonuses, the DraftKings promo code stands out as the best available for several key reasons.

DraftKings offers a generous welcome bonus maxing out at $1,250. The DraftKings promo code is designed to maximize your betting potential right from the start. Unlike some competitors that have complicated terms or smaller offers, DraftKings keeps it simple and rewarding. Whether you’re new to sports betting or a seasoned bettor, the combination of deposit matches, bonus bets, and ongoing promotions ensures you’re always getting excellent value.

Other sportsbooks may offer flashy promotions, but they often come with hidden strings, such as high rollover requirements or limited betting options. DraftKings not only provides a straightforward and user-friendly promo code offer, but its platform also boasts one of the widest selections of betting markets, live betting options, and competitive odds in the industry.

In comparison to other major sportsbooks, DraftKings consistently ranks at the top for customer satisfaction, accessibility, and promotional value. So if you’re looking for the best promo code to kickstart your sports betting journey, DraftKings is the clear winner.

Comparing bonus offers from other top sportsbooks

DraftKings is one of a handful of online sportsbooks rolling out a welcome bonus for new players this month. With so many to choose from (like the BetMGM bonus code), comparing them has never been more important. Here’s a breakdown of how the top 5 bonuses stack up in January. Based on the data below, we found DraftKings to have the best sportsbook bonus for new bettors with smaller budgets. ‘, comparing them has never been more important. Here’s a breakdown of how the top 5 bonuses stack up in January. Based on the data below, we found DraftKings to have the best sportsbook bonus for new bettors with smaller budgets.

Online sportsbookDraftKingsFanDuelCaesarsBetMGMBet365
Welcome bonus$50 bonus bet + Bet $5, Get $200 + $1,000 deposit matchBet $5, Get $200 if your bet winsFirst bet insurance up to $1,000First bet insurance up to $1,500Bet $5, Get $150 in bonus bets
Promo codeNone neededNone neededLSRDYWPLAYLSRLSRCO
Minimum Deposit$5$10$10$10$10
Bonus typeBonus bets (eight $25 bonus bet tokens, one $50 bonus bet token)Bonus betsSingle bonus betUp to five bonus betsBonus bets
Wagering periodQualifying wager must be placed prior to 11:59 p.m. ET on 1/27/25Qualifying wager must be placed prior to 11:59 p.m. ET on 1/31/25Qualifying wager must be placed within 30 days of account openingQualifying wager must be placed prior to 11:59 p.m. ET on 1/31/2025Qualifying wager must be placed within 30 days of account opening
Bonus bet expirationSeven daysSeven days14 daysSeven daysSeven days
LSR Rating4.8/54.5/54.5/54.7/54.6/5

How to claim the DraftKings promo code

Claiming the DraftKings Sportsbook promo code offer is a cinch. That’s because you don’t even need a DraftKings promo code to be eligible. All that’s required is you being at least 21 years of age and being in a state where DraftKings Sportsbook is legal. As long as you meet those requirements, follow these steps to claim the DraftKings Sportsbook promo code sign-up offer in January 2025.

  1. Register here for a new DraftKings account.
  2. Entered the required information (name, date of birth, last four digits of your Social Security number, email, phone number).
  3. Make your first deposit for at least $5, this unlocks the $50 bonus bet. But if you want to take advantage of the first deposit match offer you’ll want to deposit as much as you’re comfortable with. A $5,000 deposit is required to unlock the full $1,000 deposit match offer at DraftKings.
  4. Make your first cash bet for $5+. Doing this gets you $200 in bonus bets, these come as eight $25 bonus bets, and you get them regardless of the outcome of your qualifying bet.

That is all that is needed to claim the DraftKings promo code sign-up offer in 2025. Remember, this offer expires on Monday, January 27, 2025.

Exciting games to bet on this week with the latest DraftKings promo

This week offers plenty of great sports betting opportunities. Just look at all the events you can wager on at DraftKings online sportsbook:

Alternative DraftKings promos

Here’s a look at all the Draftkings promo codes available in January:

DraftKings Sportsbook Promo CodeNo code needed, click to claim $1,250 sportsbook bonus
Sportsbook Welcome Bonus• $50 bonus bet with first deposit (exclusive)
• Bet $5, Get $200 in bonus bets
• 20% deposit match up to $1,000
Legal StatesAZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY
DraftKings Casino Bonus CodeNo code needed, click to claim $2,035 casino bonus
Casino Welcome Bonus$2,035 ($35 casino credit + $1,000 deposit match + play and spin for shot at $1,000)
Legal StatesMI, NJ, PA & WV
Promo Codes Valid As OfJanuary 16, 2025

DraftKings bonuses for existing users

On top of the $1,250 welcome bonus, DraftKings offers daily sportsbook promos for all users. Here are the DraftKings specials available on January 16, 2025.

DraftKings welcome offers by state

Here is a look at what the DraftKings welcome bonus is in each state where DraftKings Sportsbook is available.

StateTop Welcome OfferRedeem Now
DraftKings ArizonaBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings ColoradoBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings ConnecticutBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings DCBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings IllinoisBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings IndianaBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings IowaBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings KansasBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings KentuckyBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings LouisianaBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings MaineBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings MarylandBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings Massachusetts Bet $5, Get $200 win or lose + $50 w/depositClaim promo
DraftKings MichiganBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings New HampshireUp to $1,050 in bonusesClaim promo
DraftKings New JerseyBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings New YorkBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings North CarolinaBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings OregonUp to $1,050 in bonusesClaim promo
DraftKings OhioBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings PennsylvaniaBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings TennesseeBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings VermontBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings VirginiaBet $5, Get $200 if your bet wins + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings West VirginiaBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo
DraftKings WyomingBet $5, Get $200 win or lose + $50 w/deposit + $1,000 deposit matchClaim promo

DraftKings offers for NFL Divisional playoff games

Remember, you don’t need a DraftKings promo code to claim the $1,250 welcome bonus; for that reason, there’s also no NFL DraftKings promo code. And while the DraftKings sign-up offer is not restricted to any specific sport, DraftKings does have NFL Dividional Round promotions galore going on all week long. Here are the best NFL Wild Card promotions available now:

NBA DraftKings promotion offers

There is not an NBA-specific DraftKings promo code, but there are a number of DraftKings NBA promotions going on in January that we think you’ll love.

DK Horse promo

A DK Horse bonus is currently available for new users if you’re looking to bet on horse racing at DraftKings. The bonus comes in the form of a 100% deposit match up to $200. We advise players to read the terms and conditions below for more information on how to sign up and claim the bonus with DK Horse:

Important to note: Only one promo is available for each new user at DK Horse. That means that the 100% deposit match will apply only to your first deposit. Make sure you take full advantage the first time you add funds to your new DK Horse account.

DraftKings DFS bonus

The current bonus offer at DraftKings DFS is worth up to $500 in bonus credits and a $3 DFS contest entry. Here are the details for the DraftKings DFS welcome bonus:

Your Share of Millions in Prizes
With $5 Deposit
Top Features
  • Play Free for your Share of Millions with First Deposit
  • T&Cs Apply. Gambling Problem? Call 1-800-GAMBLER
  • To Claim: Click Play Now

DraftKings Casino promo

The DraftKings casino bonus for new players is worth up to $2,035 in casino credits. Sign up and deposit $10, and you’ll be instantly rewarded with $35 in casino credit. Then, you’ll get a deposit match up to $1,000 in casino credit plus, play and spin for another shot at $1,000. Below are the terms and conditions:

$35 Casino Credits
On First Deposit
Top Features
  • $35 Casino Credits on First Deposit PLUS
  • Play and Spin for a shot at $1,000 Casino Credits
  • PLUS Get a $1,000 Deposit Match in Casino Bonus Funds
  • To Claim: Click Play Now

Eligibility and requirements for DraftKings promotional offer

DraftKings welcome bonuses are available to new players who are 21 or older and physically located in states where DraftKings is licensed to operate. DraftKings is currently operational in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington DC, West Virginia, and Wyoming. Note that the legal age to sign up is 18 in Kentucky, New Hampshire and Wyoming.

We found that some bonuses were limited or altered in particular states, and we recommend that you read the terms and conditions before you opt-in.

DraftKings restrictions on promos

Each of the DraftKings welcome bonuses comes with limits and restrictions. The best available offer is the get $250 in bonus bets instantly welcome bonus ($50 comes after making your initial deposit and $200 comes after placing your first $5 bet). Here’s what you need to know about each of the bonuses.

DraftKings welcome bonusAvailable in all DraftKings states?Playthrough requirementMinimum depositMinimum wagerMinimum odds requirement?Expiration period
$50 Deposit BonusYes1x$5NoneNoSeven days
Bet $5, Get $200AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY1x$5$5NoSeven days
20% Deposit Match up to $1,000All except MA25x$5NoneNo90 days to meet playthrough

How bonus bets work

Any bonus bets you receive at DraftKings are under the “My Rewards” tab. Here are the most important considerations you need to consider with bonus bets.

Easy wins for beginners using DraftKings bonuses

While nothing is easy per se when it comes to winning at sports betting, the bonuses offered by DraftKings do make things a little easier. It starts with the DraftKings promo code sign-up offer.

You get a $50 bonus bet after making your first deposit. While not technically free, this $50 bonus bet gives you a chance to bet without fear of losing any of your own money. Next, you get six $25 bonus bets when you make your first $5 cash bet. Again, these $25 bonus bets represent a chance to make six different bets without having to risk your own money. Any money you win off of these bets represents easy wins in our book.

Next, you can head to the DraftKings Sportsbook promos page for beginners looking for easy wins. Again, you’re not going to find many guaranteed wins, but you are going to find a lot of offers that make winning more rewarding. DraftKings offers a plethora of daily promotions, most of which are profit boosts, and no-sweat bet offers. With profit boosts you’ll increase your winnings by the stated percentage. Oftentimes, a profit boost can take a bet with negative odds and change it into positive odds (-110 to +125 or +150 for example). While a no-sweat bet offer allows you to get a bonus bet refund if your bet loses.

Lastly, thanks to the DraftKings Dynasty Rewards loyalty program you’re always getting rewarded for every bet you place at DraftKings Sportsbook. You earn DraftKings Crowns for every bet you make. Crowns determine which Dynasty Rewards tier you’re in and they also can be redeemed for bonus bets or merchandise at the DraftKings Dynasty Store. This is yet another way that makes winning easier for beginners at DraftKings.

Using DraftKings promos to build your bankroll

First things first, there’s no guaranteed way to win at DraftKings Sportsbook or any other online sportsbook, it’s called gambling for a reason. Having said that, DraftKings runs a myriad of promotions making it easier to build your bankroll. Here are some of our tips to building your bankroll at DraftKings Sportsbook.

The best way to increase your bankroll at DraftKings is by claiming the three-part DraftKings promo code welcome bonus. Two of the parts of the bonus are the closest thing you can get to free money. That’s because you get a $50 bonus bet after making your first deposit and you get another $200 in bonus bets after making your first bet a cash wager of $5+. This gets you $250 in bonus bets while only having to risk $5 of your own money. You can now use those bonus bets to get a better feel for how DraftKings works and figure out what sports and types of bets you enjoy making.

Don’t forget about the third part of the DraftKings welcome bonus, the 20% deposit match for up to $1,000. This portion of the bonus is not quite as helping at building your bankroll, but it still helps some. First, the basics, you get your initial deposit matched 20% for up to the $1,000 limit. This means you need to deposit $5,000 to claim the full $1,000 bonus. Second, the bonus is released based on how much you bet over the next 90 days. For every $25 in qualifying bets (-200 or longer) you make, $1 in DraftKings bonus cash is released. So, to claim the full $1,000, you need to make $25,000 in qualifying bets over three months. When it comes to building your DraftKings bankroll we don’t recommend actively trying to clear the deposit bonus. Instead, we suggest betting how you’re comfortable and simply viewing the released funds as an added bonus.

The final way to build your DraftKings Sportsbook bankroll is to take advantage of all the daily promos, bonuses and specials that DraftKings has to offer. And the best way to do that is by reading the terms and conditions of each offer and only betting when you feel like you’re getting a good bonus. DraftKings has so many daily offers that you do not need to feel like you have to take advantage of each and every one. If there are bonuses for sports you don’t know anything about, that might be a good one to pass on. Or maybe DraftKings has a boosted bet, but you don’t think the bet is going to hit, another perfect time to pass.

How to cash out DraftKings bonus winnings quickly

Cashing out your DraftKings bonus winnings can be simple and straightforward if you follow a few key steps. DraftKings makes it easy to turn bonus bets into real, withdrawable cash, provided you meet the terms and conditions tied to the offer. Here’s how to do it efficiently:

  1. Understand the Bonus Terms
    Every DraftKings bonus comes with specific requirements, such as minimum odds or wagering conditions. Make sure you review these details in the promo offer to ensure you meet all criteria. For instance, some bonuses may require you to use bonus bets within a set time frame or bet on odds above a certain threshold.
  2. Strategic Betting
    To maximize your bonus winnings, focus on placing calculated bets. Look for markets where you feel confident or use the bonus on multiple smaller wagers to increase your chances of winning. Many bettors prefer using bonus bets on higher-odds wagers to potentially yield larger payouts while minimizing personal risk.
  3. Verify Your Account
    Before you can cash out, DraftKings requires users to complete a quick account verification process. Ensure that your account information, such as your name and banking details, is accurate and up to date. This step prevents delays when it’s time to withdraw your funds.
  4. Withdraw Your Funds
    Once your bonus winnings convert to cash by meeting the promo requirements, head to the cashier section of the DraftKings app or website. Choose your preferred withdrawal method, such as PayPal, direct bank transfer, or a check, and complete the transaction. DraftKings is known for processing withdrawals efficiently, often within a few business days.

By understanding the rules and planning your bets carefully, you can cash out your DraftKings bonus winnings quickly and enjoy the rewards of your betting strategy.

Where is DraftKings legal?

DraftKings Sportsbook is now legal in 25 US states plus Washington, DC. The states where it is legal include: 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 and Washington, DC.

StateWelcome BonusPartnerLaunch Date
ArizonaUp to $1,250TPC ScottsdaleSeptember 2021
ColoradoUp to $1,250Mardi Gras CasinoMay 2020
ConnecticutUp to $1,250Foxwood Resort CasinoOctober 2021
IllinoisUp to $1,250Casino QueenAugust 2020
IndianaUp to $1,250Ameristar Casino HotelOctober 2020
IowaUp to $1,250Wild Rose CasinosFebruary 2020
KansasUp to $1,250Boot Hill CasinoSeptember 2022
KentuckyUp to $1,250Cumberland Run RacetrackSeptember 2023
LouisianaUp to $1,250Golden Nugget CasinoJanuary 2022
MaineUp to $1,250Passamaquoddy TribeNovember 2023
MarylandUp to $1,250Timonium RacetrackNovember 2022
MassachusettsUp to $250N/AMarch 10, 2023
MichiganUp to $1,250Bay Mills Resort & CasinoJanuary 2021
New HampshireUp to $1,250N/ADecember 2019
New JerseyUp to $1,250Resorts CasinoAugust 2018
New YorkUp to $1,250del Lago Casino and ResortJanuary 2022
North CarolinaUp to $1,250NASCARMarch 11, 2024
OhioUp to $1,250Hollywood CasinoJanuary 1, 2023
PennsylvaniaUp to $1,250Meadows CasinoNovember 2019
TennesseeUp to $1,250Online OnlyNovember 2020
VermontUp to $1,250Online OnlyJanuary 11, 2024
VirginiaUp to $1,250Online OnlyJanuary 2021
Washington, DCUp to $1,250D.C. UnitedJuly 2024
West VirginiaUp to $1,250Hollywood Casino at Charles Town RacesSeptember 2018
WyomingUp to $1,250N/ASeptember 2021

DraftKings Sportsbook review

Throughout all of our online sportsbook testing, DraftKings consistently comes out as one of, if not the very best online sportsbook. That’s because DraftKings offers great promotions, quality odds, a stellar rewards program, plenty of banking options and a solid customer service department. Here’s a breakdown of all that DraftKings online sportsbook has to offer:

DraftKings Sportsbook strengths and weaknesses

DraftKings consistently ranks as one of our top sportsbook options, but there are always areas where sportsbooks can improve. Here’s a quick look at the overall strengths and weaknesses at DraftKings. The app is rated as one of the best, but the deposit bonus is on the low end.

Strengths

Bonuses and promotions | DraftKings offers exceptional promotions for new and returning players, with the highlight being the welcome bonus where you get $250 in bonus bets after depositing and making a single $5 bet. This is the best promo currently running at any online sportsbook.

Market coverage | There’s never a dull moment at DraftKings, thanks to its unparalleled selection of betting markets, from top US leagues to niche international sports. You can also find an industry-leading selection of props, parlay options, and live bets.

Mobile app | The user experience at DraftKings is one of the very best out there, with a sleek, state-of-the-art interface that has rightfully garnered hundreds of thousands of positive reviews from both iOS and Android users. If you bet primarily on a tablet or smartphone, DraftKings is an ideal option.

Weaknesses

Promotion limits & conditions | We frequently see low limits on promos (e.g., max bets of $5 or $10), plus minimum odds requirements, playthrough requirements, and other annoying strings that can diminish the returns of each bonus.

Deposit match bonus difficulty | We don’t believe the deposit match bonus is as valuable as other bonuses from DraftKings or competitors. First, it’s a 20% match rather than a 100% match. Second, a sky-high 25x playthrough requirement is attached to the matching funds. That means that if you wanted to turn your first deposit into $1,000 of withdrawable bonus funds, you’d need to deposit $5,000 and then wager in $25,000 in real money. This is not possible for most sports bettors.

DraftKings Sportsbook photo gallery

Banking options at DraftKings Sportsbook

DraftKings offers enough methods for depositing and withdrawing funds that we’re confident there’s a method that works for you. Here’s a look at your choices.

MethodDepositWithdrawal
VisaYesNo
MasterCardYesNo
Debit CardYesYes
VenmoYesYes
PayPalYesYes
Play+YesYes
SkrillYesNo
eCheckYesYes
CheckNoYes
Online bankingYesYes
Wire TransferYesYes

Encouraging responsible gambling with DraftKings

DraftKings is dedicated to promoting responsible gambling and fostering a safe and enjoyable betting environment for all users. The platform offers tools like deposit limits, time-outs, and self-exclusion options to help players maintain control over their gaming activities.

DraftKings also collaborates with organizations such as Gamblers Anonymous and the National Council on Problem Gambling, providing resources and support for those facing gambling-related challenges. By emphasizing player well-being, DraftKings underscores its commitment to creating a balanced and responsible sports betting experience.

Draftkings Promo FAQs

How does the DraftKings welcome bonus work?

Our exclusive DraftKings welcome bonus gives you $250 in bonus bets instantly when you deposit and place your first cash bet for $5. You get a $50 bonus bet after making a minimum deposit ($5+), then you get $200 in bonus bets when you bet $5+ in cash. The $200 comes as eight $25 bonus bets.

What is the DraftKings promo code?

There is no promo code needed to claim the bonus at DraftKings. Sign up using one of the exclusive bonus code links on this page, and you’ll qualify for the bonus automatically.

How do I opt into DraftKings promos?

To opt into DraftKings promos, head to the “Promos” tab on the site or app. Select the promo you want to use, then click the opt-in button to activate it. Ensure you meet any additional deposit or wagering requirements and fulfill all the terms and conditions to receive the bonus. We have reviewed the T&Cs in-depth and will update them as offers change.

Does DraftKings have a promo code?

No, you do not need a DraftKings promo code to be eligible for the $1,250 maximum welcome bonus. As part of that offer, you’ll get a $50 bonus bet after making your first deposit, $200 in bonus bets after making your first cash bet for $5 or more and your first deposit is matched 20% for up to $1,000.

How do you get $1,000 bonus on DraftKings?

The DraftKings welcome bonus comes in multiple parts. You get a $50 bonus bet when you make your first deposit. You get another $200 in bonus bets when you make your first cash bet for $5 or more. And you get your first deposit matched 20% for up to $1,000 in bonus cash. This portion of the sign-up offer does come with a 25x playthrough requirement, which you have 90 days to achieve.

Does DraftKings offer a no-deposit welcome bonus?

No. However, for a $5 deposit, you can unlock a $50 bonus. Then, a $5 wager unlocks an additional $200 in bonus bets. This means you can get a bonus of $250 for $5.

Can I claim more than one DraftKings sign-up bonus?

No, you cannot combine the bonus offers at DraftKings Sportsbook with any of the other offers from the casino, DFS site, or racing app. The promos are limited to one promo per new account. You must not have an existing DraftKings account.

You can claim multiple offers under one product. For example, you can claim all three parts of the DraftKings Sportsbook bonus, valued at $1,250. However, you could not combine it with the DraftKings DFS offer.

Where do I enter a promo code on the DraftKings app?

You don’t need to enter a DraftKings promo code at any point during the registration process. This field is optional, as noted in the registration form. When prompted for a code, you can leave that box blank. This will not affect your eligibility for any bonuses listed on this page.