Skip to content
Home » DraftKings Sportsbook Promo Code And App Review

DraftKings Sportsbook Promo Code And App Review

By using the latest DraftKings Sportsbook promo code, new users can claim a $1,000 No Sweat First Bet through either the DraftKings Sportsbook app or a desktop browser. With its lack of restriction on an initial bet’s outcome, a low cost to activate the bonus, and its wide range of available betting markets, the DraftKings Sportsbook promo code is one of the best on the market.

This offer from the well-known online sportsbook presents a significant bang for your buck. Here’s what you need to know.

DraftKings Sportsbook Promo Code: Key Takeaways

🎁 Offer type: No Sweat First Bet Up To $1,000

🎁 Offers available at: Retail locations, desktop, DraftKings Sportsbook app

🎁 Available states: 26 states (soon to be 27)

🎁 Last verified: Feb. 27, 2024

Here’s What You Get with the DraftKings Promo Code

When you use the DraftKings promo code, you’re in for a straightforward and rewarding experience with enticing bonuses tailored for new users. Here’s what you get when you sign up using DraftKings’ promotional offers.

Easy-to-Understand Bonuses

The simplicity of DraftKings’ first-time deposit bonus is a standout feature. New users can grab $1000 in a No Sweat First Bet on any sport. This bonus is instantly released after the qualifying bet, making it hassle-free and instantly rewarding.

Additionally, for users with a larger bankroll, there’s an option for a 20% deposit bonus, up to $1,000, for a $5,000 deposit.

Eligibility and Accessibility

The eligibility criteria for these bonuses are crystal clear. New users who bet $5 or more on any sport can easily take advantage of the offer of $1000 in a No Sweat First Bet. The detailed terms for the 20% bonus are available on DraftKings’ page, ensuring clarity for DraftKings Sportsbook account holders interested in larger bonuses.

Reasonable Timeframes

DraftKings provides ample time for users to claim and utilize their bonuses. The $1000 in No Sweat First Bet must be utilized within the initial seven days. For users selecting the 20% bonus, there’s a generous 90-day window to meet the play-through requirements.

Speedy Withdrawals

One of the most appealing aspects of this bonus is the promptness of withdrawing winnings. Once the bonus bet is settled, DraftKings account holders can swiftly withdraw their cash winnings, ensuring a quick turnaround time for enjoying the fruits of their bets.

User-Friendly Signup Process

Signing up with DraftKings is a breeze. With a straightforward process requiring basic personal information like name, email, and date of birth, users can swiftly register. Once signed up, they can make a deposit and place their qualifying bet to unlock the bonus.

Reviewer’s Choice

DraftKings’ first-time deposit bonuses and signup process earn a perfect score of 5 out of 5. The accessibility, clarity, and options provided, especially for users with larger bankrolls, make it stand out. The quick and straightforward signup process further adds to its appeal.

The DraftKings Sportsbook promo code offers an array of easily understandable and accessible bonuses. With clear eligibility criteria, reasonable timeframes, swift withdrawals, and a hassle-free signup process, it’s a top choice among sportsbook bonuses. Whether you’re a casual bettor or someone seeking larger bonuses, DraftKings ensures a user-friendly and rewarding experience right from the start.

DraftKings Sportsbook Promo Code Terms and Conditions

📝 First-time DraftKings Sportsbook customers only

📝 Make a deposit of $5+ into your Sportsbook account

📝 Place a wager of $5+ on any sport between the time frame listed once the promotion is officially launched

📝 Your first placed wager of $5+ will be your qualifying wager

📝 You will receive $1,000 in bonus bets if your wager does not win

📝 Bonus Bet amount is not included in any returns or winnings

📝 Bonus Bet also not redeemable for cash, non-transferable, and non-refundable

📝 Bonus Bet cannot be used as qualifying wager

📝 One (1) qualifying wager per customer

📝 All paid wagers qualify

📝 The less-advertised 20% bonus offers full details on the Draft Kings page: Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $5,000 deposit requires a user to play through a cumulative total of $25,000 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $1,000). The play-through requirement must be met 90 days from the date of the first deposit to receive maximum bonus. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. Customers who previously made a deposit on DraftKings are ineligible for this promotion. Limit one (1) deposit bonus per user.

📝 Must be 21+, unless otherwise stated, and located in a state where DraftKings is available.

DraftKings Sportsbook Promo Code for Existing Customers

DraftKings, catering to both new and existing users, has a compelling set of offers and rewards tailored to enhance its online sportsbook experience. For existing users, the “DraftKings Dynasty Rewards” program stands out. Through this loyalty initiative, DraftKings Sportsbook account holders earn Tier Credits for every dollar wagered on sports, enabling them to redeem these credits for various perks like free bets, merchandise, and entry into sweepstakes. The program is transparent, featuring five tiers where higher tiers yield more Tier Credits per dollar wagered, with additional ways to earn credits, such as engaging in contests and referring friends.

Moreover, DraftKings excels in providing value incentives. The DraftKings Sportsbook app regularly offers profit boosts by enhancing odds on specific games and implementing reduced juice on selected matches, diminishing the house edge and amplifying users’ winning potential. These incentives are abundant and frequently refreshed, ensuring existing users consistently benefit, regardless of their account tenure.

In terms of obtainable bonus bet offers, DraftKings furnishes various options like bonus bets and deposit matches. These offers are user-friendly, with reasonable qualification criteria and manageable rollover requirements, augmenting the appeal for active users.

While the DraftKings promo code lavishes first-time users with substantial bonuses, its absence of reload bonuses for existing users is a notable drawback. Unlike initial sign-up bonuses or frequent boosts, reload bonuses—common among sportsbooks—are conspicuously absent from DraftKings’ offerings. This absence might be perceived as a limitation, especially for users seeking substantial incentives on additional deposits.

Overall, DraftKings impresses with its comprehensive rewards programs, abundant value incentives, and the DraftKings promo code that boasts user-friendly bonus bets. However, the absence of substantial reload bonuses might leave some seasoned users seeking more extensive rewards for additional deposits. Yet, the platform’s frequent boosts and incentives align well with the preferences of casual sports bettors seeking ongoing perks on their wagers.

North Carolina

DraftKings figures to be an immediate player once North Carolina online sports betting goes live. DraftKings NC has partnered with NASCAR ahead of the launch, which will happen on Monday, March 11. The app will be available for download on Friday, March 1.

Arizona

Mobile and online sports betting are legal in Arizona.

Colorado

Retail, mobile, and online sports betting are legal in Colorado. DraftKings is live with sports betting in the state online and with its retail partner, Mardi Gras Casino in Black Hawk.

Connecticut 

Retail, mobile, and online sports betting are legal in Connecticut. DraftKings, together with Foxwoods, is live with sports betting in the state online and at DraftKings Sportsbook at Foxwoods.

Illinois

DraftKings at Casino Queen Sportsbook is now live in the state of Illinois.

Indiana

Retail, mobile, and online sports betting are legal in Indiana. DraftKings is live with sports betting in the state online and with our retail partner Ameristar Casino.

Iowa

Retail, mobile, and online sports betting are legal in Iowa. DraftKings is live with sports betting in the state online and with its retail partner, Wild Rose.

Kansas

Mobile and online sports betting are now live in the state of Kansas.

Kentucky

Retail and mobile sports betting is live in Kentucky.

Louisiana

Retail, mobile, and online sports betting is live in Louisiana. DraftKings is live with sports betting in the state online and with its retail partner, Golden Nugget Casino Lake Charles.

Maine

Mobile and online sports betting is live in Maine.

Maryland

Mobile and online sports betting is live in the state of Maryland.

Massachusetts

Mobile and online sports betting is live in the state of Maryland.

Michigan

Mobile sports betting is now live in the state of Michigan.

New Hampshire

Mobile and retail sports betting are legal in New Hampshire. DraftKings is live with sports betting in the state online and with retail partners The Brook (DraftKings Sportsbook at the Brook) and Filotimo Casino (DraftKings Sportsbook at Manchester).

New Jersey

Both mobile and retail sports betting are legal in New Jersey. DraftKings offers its mobile sportsbook in New Jersey as well as retail sports betting in partnership with Resorts Casino.

New York

Retail, mobile, and online sports betting are legal in New York. DraftKings is live with sports betting in the state online and with its retail partner at DraftKings Sportsbook at Del Lago Resort.

Ohio

Mobile and online sports betting is live in the state of Ohio.

Oregon

Mobile and online sports betting are now live in the state of Oregon through DraftKings Sportsbook – Official Provider of the Oregon Lottery.

Pennsylvania

Retail, mobile, and online sports betting are legal in Pennsylvania. 

Tennessee

Mobile and online sports betting are live in the state of Tennessee. 

Vermont

DraftKings launched with Vermont sports betting in early-2024.

Virginia

Mobile and online sports betting are live in the state of Virginia.

West Virginia

Retail, mobile, and online sports betting are legal in West Virginia. 

Wyoming

Mobile and online sports betting are legal in Wyoming.

Ontario, Canada

Mobile sports betting with DraftKings Sportsbook is live in Ontario, Canada.

Sports You can Bet on with the DraftKings Sportsbook promo code

🏈 NFL – The NFL was founded in 1920. Today the league has 32 teams, all in the United States. NFL betting dominates the American sports betting landscape from September through February, and Super Bowl betting is one of the biggest annual betting extravaganzas in the world.

⚾ MLB – Major League Baseball is often referred to as America’s pastime. The league was founded in 1876. Today, the league has 29 teams in the United States and one in Canada. 

🏀 NBA – The National Basketball Association was founded in New York City on June 6, 1946 as the Basketball Association of America. NBA betting is a very popular option in the winter and spring months.

🏒 NHL – The National Hockey League was founded on November 26, 1917 in Montreal, Quebec. The league is composed of 25 teams in the United States and seven in Canada, making NHL betting a popular pastime. 

🐎 Horse Racing – Horse racing holds a significant historic place in betting due to its roots dating back to ancient civilizations. The sport’s unpredictability and the potential for significant profits have solidified horse racing as a cornerstone of the betting world, contributing to its popularity and longevity.

🚦 NASCAR – Stands for the National Association for Stock Car Auto Racing, Inc. It is the premier stock car racing organization in the United States. NASCAR sanctions and promotes more than a dozen major racing series, with more than 1,500 events held annually.

🎾 Tennis – In tennis betting, you can place wagers on match outcomes, set scores, or specific in-game events like the number of aces served by a player.

⛳ Golf – Golf betting offers various options, including picking tournament winners, placing bets on head-to-head matchups between players, or predicting specific player performances within a tournament.

⚽ Soccer – Soccer betting encompasses a wide range of markets, from match outcomes to specific player goal-scoring bets, halftime scores, and even in-play betting during the game. There are several leagues to bet on throughout the world.

🥋 MMA – MMA betting involves predicting fight winners, fight outcomes (like knockout or decision), or specific aspects such as round betting or method of victory.

🥊 Boxing – Similar to MMA. You can bet on fight winners, specific round outcomes, or unique bets like whether a fighter will win by knockout or decision.

Other Promos Available at DraftKings Sportsbook

  • DraftKings offers a less publicized bonus that gives players a 20% deposit bonus, with a maximum bonus limit of $1000.
  • No Swear SGP/SGPX: This offer gives you a refund as a bonus bet if your Same Game Parlay (SGP) or Same Game Parlay Plus (SGPX) loses. Your first SGP/SGPX bet each day up to $5 is eligible.
  • Refer a Friend (up to a $100 bet): Share your personal referral link with friends. If they sign up, deposit at least $25, and place a bet, you both get a bonus bet, up to $100 for you and $25 for your friend.
  • Loyalty Program: DraftKings rewards users for activity with “Crowns.” Earn Crowns by placing bets, playing daily fantasy, and participating in other activities. Redeem Crowns for bonus bets, merchandise, and other rewards.
  • Free to Play NFL season-long pick’em pool: Join a free pool where you predict NFL game winners throughout the season. Compete for prizes without risking any money.
  • Daily Odds Boosts: DraftKings offers boosted odds on select bets each day. These bets have potentially higher payouts than standard odds.

DraftKings Sportsbook Bet Types Available

✔️ Spread betting: A spread bet is a wager on how many points one team will win or lose by. The spread is represented in a number followed by a plus for the dog, or minus sign, which symbolizes how many points a winner must win by. 

✔️ Totals: A totals bet is a simple play on if the final score of a game will be over or under a certain number. 

✔️ Half bets- These are wagers placed on the first half results of the game online. In the NBA or NFL these bets would be based on the results before or after halftime. In MLB, these are commonly first five inning plays.

✔️ Moneyline: Betting on which team will win outright regardless of the point spread. Favorites odds begin with a minus (-), underdog odds are preceded by a plus (+).

✔️ Futures: A bet that predicts specific sports outcomes or events that are scheduled to occur in the future, before the event begins.

✔️Team prop bets: A specialized wager focused on a team’s player’s specific statistical performance.

✔️ Player Prop bets: A specialized wager focused on an individual player’s specific statistical performance.

DraftKings Sports Betting App Review

DraftKings stands tall among the most popular sports betting operators, known for its robust offers, lucrative welcome bonuses, live-betting options, and user-friendly mobile app. Catering to both seasoned bettors and newcomers, the platform offers a range of incentives and programs to enhance the betting experience.

Loyalty Program: DraftKings Dynasty Rewards

The DraftKings Dynasty Rewards loyalty program earns a commendable 4 out of 5. Members accrue Tier Credits for every dollar wagered on sports, which can be redeemed for free bets, merchandise, or sweepstakes entries. The program’s simplicity with five tiers based on activity level ensures straightforward progression. Moreover, engaging in various activities, like contest participation or referrals, can also earn Tier Credits. Detailed information can be found on their website, ensuring transparency for users interested in maximizing rewards.

Profit Boosts and Value Incentives: Abundant Opportunities

Boasting a perfect 5 out of 5 in this category, DraftKings presents a plethora of profit boost and value incentives. Users frequently encounter “boosted” odds on selected games, enhancing potential payouts. Additionally, the “reduce juice” feature offers reduced house edges, thereby improving winning probabilities. The app consistently provides diverse offers for existing users, ensuring continued engagement and value beyond the initial sign-up phase.

Bonus Bet Offers: Attainable and Favorable

DraftKings impresses with a 4 out of 5 in the bonus bet offers department. These offers, including bonus bets and deposit matches, are easily attainable with reasonable rollover requirements. Users find it accessible to qualify for these bonuses, enhancing the overall betting experience without imposing excessive conditions.

Perks for First-Time Users: Appealing Welcome Offers

Scoring a perfect 5 out of 5, DraftKings sets an enticing stage for new users. The DraftKings Sportsbook promo code offers either $200 in bonus bets for a $5 bet or a lucrative deposit match of up to 20% (with a maximum bonus cap of $1,000 for a $5,000 deposit). These welcome bonuses cater to different user preferences, providing a strong incentive for newcomers.

Reload Bonuses: Limited for Consistent Players

Regrettably, DraftKings falls short in reload bonuses, earning a 2.5 out of 5. While the platform offers an array of reduced juice and profit boost offers, it lacks specific reload bonuses. The emphasis on generous offers primarily targeting new users leaves consistent players with fewer benefits in this regard.

Reviewer’s Choice: Catering to Casual Bettors

DraftKings earns a solid 4 out of 5 in the reviewer’s choice category. The exceptional rewards programs and DraftKings promo bonuses cater well to users, especially casual bettors seeking frequent boosts and incentives. However, the absence of a straightforward reload bonus upon depositing additional funds might disappoint consistent players. The bonuses, though frequent, tend to cap between $10 to $25 in occasional bonus bet offerings, limiting the benefits for consistent users compared to newcomers.

In conclusion, DraftKings Sportsbook stands as a popular and user-friendly platform, offering an array of bonuses, incentives, and loyalty programs for DraftKings account holders. While the platform excels in welcoming new users and engaging casual bettors, its emphasis on new user bonuses leaves consistent players with fewer reload bonuses and larger incentives. Overall, DraftKings caters well to both new and experienced bettors, but it shines particularly bright for those seeking frequent boosts and ongoing incentives.

DraftKings Mobile App: Our Review

The DraftKings Sports App stands as a prime example of user-friendly design, intuitive navigation, and efficient betting functionality. Despite minor location verification issues within state lines and a lack of comprehensive statistical data, its overall performance eclipses many competitors, delivering an immersive and enjoyable betting experience.

Whether you’re a seasoned bettor or just starting your journey in the world of sports wagering, DraftKings’ mobile app proves itself as a reliable and accessible platform for all.

Log In Process: User-Friendly and Swift

One of the hallmarks of the DraftKings app is its log-in process. Rated at 4.8 out of 5, it boasts a streamlined approach that ensures users swiftly access their accounts with just an email and password. Despite minor location hiccups within state lines, these are negligible compared to competitors like MGM and FanDuel.

In-App Navigation: Intuitive and Clear

Earning a perfect 5 out of 5, the app’s navigation is a shining example of simplicity and efficiency. The intuitive menus facilitate easy exploration, allowing users to effortlessly locate desired information. Additionally, the multitude of betting options caters to diverse preferences, offering a plethora of choices for users.

General App Layout: Aesthetically Pleasing and User-Friendly

With a perfect score of 5 out of 5, DraftKings’ overall layout deserves applause. The visually appealing design, coupled with easy-to-read text and a soothing color scheme, creates an environment conducive to extended use without straining the eyes.

App Speed: Fast and Responsive

Scoring 5 out of 5 for its speed and responsiveness, the DraftKings app impresses with its swift loading times and seamless betting execution. While encountering slight location issues within state lines, its performance eclipses that of MGM and FanDuel, standing shoulder-to-shoulder with Bet Rivers in terms of speed.

Data Density: Comprehensive Information Display

With a 4 out of 5 rating for data density, the app effectively presents essential game information, catering to bettors’ needs. While providing ample odds, spreads, and totals per game, it falls short in offering in-depth statistics and research options, necessitating users to seek additional platforms for comprehensive game analysis.

Bet Slip: Intuitive and Functional

The bet slip within the DraftKings app shines for its user-friendly interface. Enabling easy addition of bets, displaying total wager amounts, and offering diverse options like parlay bets, it ensures a hassle-free betting experience. We give it a 4.8/5 in this area.

Accessibility/Personalization Options: Limited

Similar to its counterparts, DraftKings lacks accessibility and personalization options, scoring an “N/A” in this regard. Users are unable to customize contrast, font size, or type, limiting accessibility features.

Overall Desktop Function: Well-Designed and User-Friendly

Earning a commendable 4 out of 5, the desktop version aligns seamlessly with the functionality of the DraftKings mobile app. Its straightforward navigation simplifies information retrieval, yet issues with location verification for desktop users might pose a hurdle, necessitating additional software downloads.

DraftKings iOS rating

4.8/5.0

DraftKings Android Google Play rating

4.6/5.0

DraftKings Sportsbook: What we like

✔️ Live betting

✔️ Same-game parlays

✔️ Early cashouts

✔️ DraftKings is one of the easiest sportsbooks to sign up for and function.

✔️ Is a well-known and established brand, which gives it some advantages over smaller sportsbooks.

✔️ Offers incentives for power players, such as reduced juice on high-volume bets.

✔️ The welcome bonuses are amongst of the best in the industry.

✔️ DraftKings offers early cashout options on most bets, which allows you to take a profit or cut your losses before a game is over.

DraftKings Sportsbook: Some Limitations

❌ No option to reach customer service by phone

❌ Some wagering restrictions: By reputation, DraftKings is generally seen as a sportsbook for recreational bettors, whereas the BetMGM online sportsbook is known to be more sharp-friendly. DraftKings’ limits on certain bets are lower than some other sportsbooks.

DraftKings Sportsbook Payment Methods

Like almost all reputable sportsbooks, DraftKings offers plenty of deposit and withdrawal options through a desktop browser and the DraftKings mobile app. Below are some of the ways sports bettors can fund accounts and redeem winnings.

Deposit Options

💰 Online banking 

💰 PayPal 

💰 Credit and debit cards 

💰 Cash at retail sportsbooks or casino cages

💰 Venmo 

💰 Wire transfer 

💰 Gift cards

Withdrawal Options

💰 Online banking 

💰 VIP preferred 

💰 PayPal 

💰 Debit card 

💰 Cash at retail sportsbooks or casino cages 

💰 Venmo  

💰 Play card 

💰 Prepaid card 

💰 Checks 

💰 Bank wire 

Payout Speed

  • Credit/debit card transactions: Generally instant to 24 hours.
  • Bank and wire transfers:  3-5 business days.
  • Skrill:  Instant to 24 hours.
  • Checks: 5-7 business days for processing, then mail delivery time.

DraftKings Sportsbook Customer Service

  • DraftKings does not offer a phone customer service option
  • DraftKings customer service’s preferred method of contact is through the chat, which allows sports bettors to submit a question through the “contact us” feature. DraftKings then quickly responds by email, usually in less than five minutes.
  • Overall, DraftKings has good customer service. They are able to solve most issues quickly. DraftKings works through their chat feature and email for customer service. Although those features flow smoothly, they do not offer a viable phone option for customers who physically want to talk to someone. Their chat feature is also less personal than other apps like FanDuel and BetRivers, which better personalize the rep you are talking to.

Other information about DraftKings

DraftKings emerges as a versatile platform, appealing to a wide spectrum of bettors. Its welcoming bonuses, ongoing promotions, competitive odds, early cash-out options, and swift line releases position it as a top contender in the industry. With an established reputation, variety in betting options, and a user-friendly interface, DraftKings remains a preferred choice for both casual and high-volume bettors alike. While there are limitations in certain bet types and slightly lower bet limits compared to some competitors, the overall experience offered by DraftKings makes it a strong contender in the sports betting landscape.

Competitive Odds and Early Cash-Out

DraftKings’ odds remain competitive with other sportsbooks, especially in MLB, where they often outshine competitors on spreads and totals. The availability of early cash-out options on most bets adds another layer of control for bettors, allowing them to secure profits or minimize losses before a game concludes, enhancing the overall betting experience.

Incentives for High-Volume Bettors and Reputation

Catering to power players, DraftKings provides reduced juice on high-volume bets, appealing to users looking for increased value. As a well-known and established brand, DraftKings enjoys advantages over smaller sportsbooks, providing users with a sense of reliability and trustworthiness. The platform also boasts 24/7 customer support via live chat and email, ensuring assistance is readily available.

Line Release Speed and Betting Flexibility

DraftKings excels in releasing lines swiftly, often having MLB game lines available within minutes of the day’s schedule start. This speed offers bettors a significant advantage in seizing early betting opportunities. Additionally, the platform caters well to both favorites and underdogs, offering competitive odds on both sides of the action.

Payout and Deposit Options

One of the standout features of DraftKings is its extensive range of deposit and withdrawal options, providing users with flexibility and convenience in managing their funds.

Responsible Gambling at DraftKings Sportsbook

DraftKings believes life is more fun with skin in the game, and their responsible gambling measures mean they want it to stay that way. That’s the significance of safer play. It’s important to remember that you should only bet what you can afford and always set reasonable limits for yourself.

Spending Controls

  • Deposit limits: You can set daily, weekly, and monthly deposit limits. Minimum limit is $5, maximum varies based on account and payment method.
  • Spend limits:  Separate from deposit limits, you can set limits on your total wagering for a specified timeframe. Minimum limit is $5, maximum varies.
  • Daily time limit: You can set a maximum amount of time you can spend logged in each day. Minimum limit is 30 minutes, maximum is 24 hours.
  • Cool-off period: You can temporarily restrict yourself from gambling for a chosen period, from 24 hours to one year.

DraftKings Sportsbook FAQs

Yes. DraftKings Sportsbook is a regulated option in states that have legalized online sports betting.

Is there a DraftKings promo code for new bettors?

Through the process available here, you can sign up for an account without needing a DraftKings promo code.

Are my winnings taxable?

Yes. Make sure you’re familiar with national and statewide regulations regarding winnings from sports betting.