DraftKings Sportsbook Bonus

Welcome Bonus

  • Bet $5, Get $150 in Bonus BetsBet & Get

    +

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GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
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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).
1 per new customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 4/13/25 at 11:59 PM ET. Sponsored by DK

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DraftKings Promo Codes 2025

Like many other prominent sportsbooks, DraftKings offers valuable welcome bonuses to its new consumers. These welcome bonuses allow users to get a feel for the sportsbook and provide an opportunity to build their bankrolls.

The welcome bonus is offered in bet credits which can be withdrawn once playthrough requirements are fulfilled. Welcome bonuses are important because they allow users to have more opportunities to win.

Sports betting is a high-variance venture, so users need to take advantage when they’re handed +EV opportunities like welcome bonuses. Make sure to always check if the sportsbook is offering a bonus before signing up. Be sure to take advantage of this terrific promotion!

DraftKings Promo Code

Currently, DK is not offering a bonus code for our site, but keep an eye out for our report on DraftKings Sportsbook promo codes if that should change.

Instead, when you create your DK account, you can simply click “” button, which will trigger the welcome bonus.

This promo is applicable for all the states where DraftKings is currently operational:

  • Iowa
  • New Jersey
  • New York
  • Louisiana
  • Pennsylvania
  • Indiana
  • New Hampshire
  • Illinois
  • West Virginia
  • Tennessee
  • Colorado
  • Virginia
  • Michigan

DraftKings Signup Bonus

DraftKings has in the past offers a signup bonus where they can provide up to $1,000 in bet credits depending on how much is deposited into the account upon registration.

DraftKings No-Deposit Bonus

DraftKings is not currently offering a no-deposit bonus at this time.

DraftKings Deposit Bonus

DraftKings does offer a first deposit bonus, but there are some stipulations involved. Users are required to deposit at least $5 in order to qualify for the deposit bonus. DraftKings will match 20% of the funds, which means that users will need to deposit $5,000 in order to qualify for the $1,000 bonus.

The bonus is provided in bet credits, which can only be withdrawn once users meet the playthrough requirements. For every $25 played, users will receive $1 in withdrawable credits. You can earn up to $1,000 in withdrawable bet credits.

DraftKings Bet Insurance Reward

DraftKings is not currently offering a no-deposit bonus at this time.

Benefits of the DraftKings Bonus

There are benefits to the DraftKings bonus, including the following:

  • Bettors are given bonus bet credits to use on any preferred bet.
  • Opportunities to get higher payouts without using your own funds.
  • Users can familiarize themselves with the sportsbook.
  • They can practice placing different types of wagers without incurring the same financial risk.

How to Use DraftKings Global Free Credits

There are many different ways to take advantage of the DraftKings welcome bonus. One way could be to use it on a straight bet that you really like because straight bets are much easier to win than parlays. However, straight bets don’t provide as much upside in payouts as parlays.

Using the welcome bonus on parlays (three or more legs) is my preferred strategy with bet credits. This is because you’re essentially “playing with house money” to try to hit big on a longshot parlay. You can continue to use the welcome bonus on several long-shot parlays, hoping to hit at least one to secure the big payout.

Make sure not to use too much of the bet credits on one specific parlay. Instead, you should “spread the wealth” so that you can bet on multiple parlays.

For example, let’s say that I deposited $1000 into my DraftKings account, which qualifies me for $150 in bonus bets. I would vary my bets based on the size of my parlay. If it was a six-teamer, I’d only put $5 on the parlay. However, if it was only three legs, I would put $10 on the parlay.

Money management is important, even if you’re using bet credits. The goal is to take as many shots as you can to try to hit that big payout. It’s a great way to “swing for the fences” without taking on any financial risk.

DraftKings Bonus Bets vs No-Deposit Bonus

Bonus bets are provided in the form of bet credits as a welcome bonus on DraftKings.

No-deposit bonuses are signup offers that are provided to users, regardless of how much is deposited into their account.

No-deposit bonuses are good because users don’t need to deposit any funds into their account, but they aren’t as high as welcome bonuses. Welcome bonuses are preferred because they allow users more opportunities to place wagers since more money is provided.

Bonus bets are provided to users either as a loyalty reward or to draw interest to a particular betting market. For example, one promo might be that bettors receive a $10 bet credit to use on the Super Bowl.

DraftKings currently offers a welcome bonus but does not provide users with a no-deposit bonus.

How to Redeem the DraftKings Bonus Code

  1. Click on our “” link to activate the welcome bonus
  2. Even though it asks for a promo code, you don’t actually need one
  3. Sign up for your DraftKings account
  4. DraftKings will match 20% of your first deposit

Do DraftKings Promos Expire?

There are usually time limits on when promo codes expire, but they will always be updated and easy to find.

After signing up, there is no time limit to use your bet credits. You just need to meet playthrough requirements in order to withdraw your funds.

What Are Wagering Requirements?

Wagering requirements, or playthrough requirements, represent how many times users need to play through a bonus before they are able to withdraw their winnings. At DraftKings, every $25 played in bet credits represents $1 in withdrawable funds.

The playthrough requirements need to be met within 90 days from your first deposit in order to obtain the maximum bonus for this promo.

Is There a Way to Track Your Bonus Progress?

You can track your progress in unlocking your bonus rewards on the DraftKings app by clicking your account and checking your balance. DraftKings will let you know how much of your current balance is withdrawable.

When Will I Receive My DraftKings Bonus Credits?

Users can expect to see their bonus credits obtained through the welcome bonus immediately following their first deposit.

DraftKings Promotions

DraftKings does have various promotions for different leagues and different times of the year.

DraftKings NFL Promotions

New Users: Bet $5+ on any NFL Pre-game Moneyline and Win $280!

New users that bet at least $5 on any NFL pre-game moneyline will receive $280 in bet credits if their team wins. The bonus bets are non-withdrawable and valid for seven days. This offer excludes live bets, parlays, and odds boosts.

Money Back On A Same Game Parlay

Users who lose their Same Game Parlay will get their money back up to $25. This offer can only be used once per game.

DraftKings NBA Promotions

NBA Same Game Parlay Bet & Get

Users that place an NBA Same Game Parlay of at least +300 or greater odds will receive bonus bets, depending on how many parlays they bet per week. If the bettor places a Same Game Parlay three times in a week, they’ll get $20 in bonus bets. The maximum is seven times per week, which gives a $100 bonus bet. Users are eligible for one bonus bet during this promotion.

DraftKings MLB Promotions

MLB Same Game Parlay Bonus Bet

Users can use a $10 bonus bet on a Same Game Parlay in any MLB game from a specific time period. The Bonus Bet amount is not included in any winnings.

With that being a past promotion, be on the lookout for any upcoming MLB promotions during the baseball season.

DraftKings NHL Promotions

There currently aren’t any NHL promos available at DraftKings, but keep an eye out for any odds boosts. You can expect to see promos available as we get closer to the NHL playoffs.

DraftKings Sports Promotions

Sportsbook Pools

DK Sportsbook provides assigned contests that apply to this promotion, such as WWE DraftKings pools. Users can enter the contest, make predictions, and win prizes. These contests are free to join with prize pools from $500-$25,000.

State-Specific Bonuses

There are no state-specific bonuses, as all the bonuses in which DraftKings is active in are the same. Those states are:

  • New Jersey
  • New York
  • Louisiana
  • Pennsylvania
  • Indiana
  • New Hampshire
  • Illinois
  • West Virginia
  • Tennessee
  • Colorado
  • Virginia
  • Michigan

Author

Frank Ammirante

Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community. He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year. He's got a diverse sporting background, but specializes in football and baseball.

If you or someone you know has a gambling problem and wants help, please call 1-800-GAMBLER.

21+ and present in OH. Gambling Problem? Call or text 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY).

Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI).

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).

Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

21+ and present in most states. (18+ DC/KY/NH/WY). Eligibility restrictions apply.

All betting content on TheGameDay.com is exclusively intended for audience members 21 years and older who are permitted to gamble in legal states. The Game Day may earn revenue from site visitor referrals to betting services.

Responsible Gaming: Many sportsbooks offer ways to encourage responsible gaming, including the establishment of limits to deposits, spending, and time dedicated to betting.

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