DraftKings promo code: Get $250 Instantly

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Rating: 4.5 out of 5.

✅ Exclusive $50 bonus bet with first deposit


✅ Bet $5, Get $200 in bonus bets


✅ 20% deposit match up to $1,000


✅ Expires: December 3, 2024


GET $250 INSTANTLY

The newest DraftKings promo code is now available. With it, you can get $250 in bonus bets instantly. After signing up (no DraftKings promo code required), you must deposit at least $5, which will get you a $50 bonus bet. Next, place a $5 cash bet and instantly get $200 in bonus bets. Additionally, you still qualify for the $1,000 deposit match bonus.

Claim Your $1,250 Bonus at DraftKings Sportsbook
1
Up to $1,250 BONUS
New User Bonus. T&Cs Apply
Bet $5, Get $200 in Bonus Bets Instantly!
PLUS up to $1,000 Deposit Bonus
PLUS $50 Bonus Bet on Deposit
Gambling Problem? Call 1-800-GAMBLER 

Now is a great time to sign up with DraftKings Sportsbook as the NFL and college football are up and running, the MLB Playoffs have arrived, the WNBA Playoffs are into the semifinals. Plus, the NBA and NHL seasons will be back very soon. DraftKings offers specials, bonuses and promos for all users.

Sign up with DraftKings today and get $250 in bonus bets instantly when you deposit $5+ and place your first bet for $5 in cash. This offer is $50 more than you’ll find anywhere else. On top of those $250 in bonus bets, you also will get your first deposit match 20% for up to $1,000.

DraftKings promo code for max welcome offer

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 expiresDecember 3, 2024
Promo code valid as ofOctober 12, 2024

DraftKings 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:

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.

How to claim the DraftKings promo code sign-up bonus

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 October 2024.

  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 2024. Remember, this offer expires on December 3, 2024.

DraftKings promotions for existing users

On top of the $1,250 welcome bonus, DraftKings offers daily promos for all users. Here are the DraftKings specials available on October 12, 2024.

Compare bonus offers from 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, comparing them has never been more important. Here’s a breakdown of how the top 5 bonuses stack up in October. Based on the data below, we found DraftKings to have the best sportsbook bonus for new bettors with smaller budgets.

Online sportsbookDraftKingsFanDuelCaesarsBetMGMBet365
Welcome bonusBet $5, Get $200 + $50 Deposit BonusBet $5, Get $300 if your bet winsFirst bet insurance up to $1,000First bet insurance up to $1,500Bet $5, Get $200 in bonus bets
Promo codeNone neededNone neededLSR1000PLAYLSRLSRCO
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 12/3/24Qualifying wager must be placed prior to 11:59 p.m. ET on 10/27/24Qualifying wager must be placed within 30 days of account openingQualifying wager must be placed prior to 11:59 p.m. ET on 12/31/2024Qualifying wager must be placed within 30 days of account opening
Bonus bet expirationSeven daysSeven days14 daysSeven daysSeven days
LSR Rating4.8/54.5/54.5/54.7/64.6/6

Eligibility and requirements for promotional offers

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.

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.

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

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 photo gallery

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.

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

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 Casino promo

The DraftKings Casino bonus for new players is worth up to $85 in casino credits. Sign up and deposit $5, and you’ll be instantly rewarded with $35 in casino credit. Then, when you wager $5, you’ll receive another $50 in casino credit. Below are the terms and conditions:

DraftKings DFS promo

The current bonus offer at DraftKings DFS gets you one $5 entry into the Fantasy Football Millionaire contest. All you have to do to claim both rewards is sign up with DraftKings DFS and deposit $5. Here are the terms and conditions:

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 $250. 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 Promo Code 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. You can learn more here.

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.

DraftKings in the news

More sportsbooks like DraftKings

When it comes to a robust welcome bonus, DraftKings Sportsbook is the #1 app on the market. However, that doesn’t mean it’s the only one. Here’s our list of in-depth sportsbook promo reviews that we also consider worth claiming: