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DraftKings Promo Code Grants $150 in Instant Bonus Bets for all Sports

New customers can sign up today and claim a DraftKings promo code, which entitles them to $150 in instant bonus bets once they lock in their first bet of $5.

DraftKings also offers an array of NBA betting promos all postseason long, including odds boosts and no-sweat bets. Its prop menu is one of the most expansive around, with dozens of game/player props for every matchup.

Given the low wagering requirements, this $150 welcome bonus from DraftKings stands out among the top sportsbook promos currently available.

DraftKings Promo Code Details

DraftKings Promo Code CLAIM HERE
DraftKings Welcome Offer Bet $5, Get $150 in Bonus Bets Instantly
Minimum Deposit  $10
Type of Bonus Bet & Get

Here is a quick overview of exactly what you need to do to claim your DraftKings promo:

  • Sign up for a new account in a legal betting state
  • Complete the brief registration process
  • Make a deposit ($10 min.)
  • Place a $5 bet on any sport
  • Collect $150 in bonus bets instantly

How the DraftKings Welcome Promotion Works

Once you have placed your $5 bet and collected $150 in bonus bets, they will show up in your account as six $25 bet credits. You can apply bet credits to any wager when you submit them.

Your DraftKings bonus bets can be used on any sport and any bet type, including spread, moneylines, totals, and props.

If you apply bonus bets to a wager, they are not included in the final payout. For instance, if you placed a bet on The Dallas Mavericks at +200 and applied a $25 bet credit, your final payout would be $50 (not $75).

Bonus bets cannot be withdrawn from your account and must only be used to place additional bets at DraftKings. Any winnings you accrue with bonus funds are eligible for withdrawal.

Best Bets at DraftKings Sportsbooks

With so many options, selecting odds and placing your first bets on the app can seem daunting. For this reason, we suggest coming in with a clear plan and highlighting specific sports and games you want to bet on.

Here are some great options available to bet on this week at DraftKings:

  • NBA playoffs
  • NHL playoffs
  • WNBA opening week games
  • Caitlin Clark prop bets
  • MLB
  • The Preakness (with DK horse)
  • English Premier League final weekend

If you are looking for additional betting markets, head to the “sports” tab and browse through the full list. Remember your DraftKings promo code can be applied to any sport you wish.


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.