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DraftKings Promo Code: Bet $5, Get $150 in Bonus Bets Instantly

May brings a compelling mix of NBA and NHL playoff action. With a DraftKings promo code, new customers can grab $150 in bonus bets by signing up at DraftKings Sportsbooks and placing a first-time bet of just $5.

DraftKings has become a sports betting staple in recent years thanks to a fantastic mobile app and diverse betting markets. Given the versatile props it offers, including individual player props for points scored, assists, and rebounds, DK is an excellent option for NBA betting.

The DraftKings welcome offer stands out among the leading sports betting promos, given the small qualifying wager of only $5.

DraftKings Promo Code Details

DraftKings Promo Code CLAIM HERE
DraftKings Welcome Bonus Bet $5, Get $150 in Bonus Bets
Min. Deposit  $10
Verified May 8, 2024

How to Claim Your DraftKings Promo Code

Getting started with a DraftKings promo code is easy. The process can be completed in a matter of minutes. Here’s a quick walkthrough of how you can get set up with $150 in bonus bets

  • Download the DraftKings Sportsbook app
  • Complete registration process
  • Make a deposit ($10 minimum)
  • Browse available betting options
  • Place a $5 bet on any sport
  • Collect $150 in bonus bets instantly

One important detail regarding bonus bets is that they cannot be withdrawn. Bonus bets can only be used to place additional bets at DraftKings. However, any bets you win using bonus funds are converted into “real” currency that can be withdrawn.

Best Bets at DraftKings for May 8th

There are several compelling sports betting events on the calendar for May 8th. There is a full slate of MLB games, with 16 games lined up thanks to a doubleheader between Oakland and Texas.

There are also two NHL playoff games tonight, including game two between the Bruins and Panthers and game one between the Oilers and Canucks.

However, our best bet for this evening comes from the lone NBA game between the Knicks and the Pacers. After a thrilling fourth-quarter comeback in game 1, look for the Knicks to ride the momentum of a raucous MSG crowd. Jalen Brunson is on a historic tear, and the Pacers lack a defender who can stop him.

You can currently get the Knicks at -4.5 on DraftKings. Remember, with your DraftKings promo, if you place a $5 bet on the Knicks spread, you are guaranteed an additional $150 in instant bonus bets whether your bet wins or not.

DraftKings Best Bet: Knicks -4.5


Must be 21+ years of age or older (18+ if in KY/NH/WY). Full T&Cs Apply.


  • Devin Erickson-Sheehy

    Devin is the Product Owner at Winners and Whiners, and is a sports betting expert with experience providing sports bettors with industry news, sports betting reviews, offer details and more.