DraftKings Promo Code: Bet $5 on College Hoops, Get $200 in Bonus Bets

By: Devin Erickson-Sheehy Updated 01/04/2026, 08:27 AM ET

College basketball season delivers wall-to-wall action, and the DraftKings promo code is giving new bettors a powerful way to get involved. With this DraftKings promo code, new users can bet $5 on college basketball and get $200 in bonus bets if your bet wins, creating instant flexibility across spreads, totals, and props throughout the CBB slate.

This low-barrier offer is built for volume bettors who want exposure across multiple games without needing a large upfront commitment.

Min. Deposit $5

Odds Requirements -500

Cashable No

21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 2/1/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 1/25/26 at 11:59 PM ET. Sponsored by DK.

The DraftKings promo code is simple and easy to claim on College hoops this Saturday. New users place a $5 wager on any qualifying college hoops market, and DraftKings rewards them with $200 in bonus bets once the wager settles.

There’s no need to stack parlays or hunt for long odds. A standard spread or total qualifies, making it easy to trigger the bonus and immediately start betting across the board.

Promo snapshot

Bet $5 on college basketball
Get $200 in bonus bets if you win
Available to new DraftKings users
Valid across a wide range of CBB markets (and all other sports)

This structure makes DraftKings one of the most accessible entry points for college basketball betting.

College hoops offers more games and more betting opportunities than almost any other sport. From ranked matchups to mid-major conference play, the board stays full nearly every night. That’s where this DraftKings promo really shines.

By turning a $5 wager into $200 in bonus bets, bettors gain the freedom to:

Spread action across multiple games
Target live betting opportunities
Explore player props and alternative lines
Stay engaged throughout busy weekday and weekend slates

Instead of tying your bankroll to one game, this promo encourages exploration and smart distribution across the CBB schedule.

How to Use Your DraftKings Bonus

Once the bonus bets are credited, they can be applied to most college basketball markets available on DraftKings. Many bettors choose to use them on straight bets with standard odds to maximize consistency, while others use smaller portions on plus-money plays tied to high-tempo matchups.

Because college basketball lines shift quickly based on injuries, travel, and scheduling spots, having bonus bets available gives bettors flexibility to react as the slate evolves.

Using the bonus across multiple days and conferences often provides more value than forcing everything into one wager.

The DraftKings promo code offering Bet $5, Get $200 in Bonus Bets is tailor-made for the nonstop nature of college basketball. With a minimal upfront wager and a massive bonus return, it’s one of the strongest ways for new bettors to dive into CBB action and stay active throughout the season.