Draftkings Sportsbook Sign Up Bonus Overview
The DraftKings new user promo offers new players $300 in bonus bets after they click our exclusive link, create an account, and place a $5 winning wager.
To qualify, the $5 bet must be placed on a market with odds of -500 or longer. This promotion is available through February 15, 2026, at 11:59 p.m. ET, and the qualifying wager must settle by February 22, 2026.
This offer is available to new users located in the following DraftKings legal states: Arizona, Colorado, Connecticut, Washington, D.C., Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana (select parishes), Massachusetts, Maryland, Maine, Michigan, Montana, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Vermont, Wyoming, and West Virginia.
The minimum age to participate is 21, except in Washington, D.C., Kentucky, New Hampshire, and Wyoming, where players must be 18 or older.
Once the $5 wager wins, players receive the $300 bonus as 12 separate $25 bonus bet tokens. These bonus bets are valid for seven days, have no cash value, and cannot be withdrawn directly. Any unused bonus bets will expire after the seven-day window.
However, winnings from bonus bets are withdrawable. For example, if you place a $25 bonus bet at +100 odds and win, you would receive $25 in cash winnings that can be withdrawn.
Current Draftkings Sign Up Bonus Offer
The only available DraftKings Sportsbook sign up bonus is the one mentioned above: Bet $5, Get $300 if you win. This offer expires on Feb. 15, 2026.
How To Claim The Draftkings Sign Up Bonus
To claim the DraftKings sign up offer, follow the step-by-step guide below:
Step-by-step Sign Up Instructions
- Click our exclusive link and select “Sign Up.”
- Complete the account registration process by providing required details such as your name, address, date of birth, and the last four digits of your Social Security number.
- Verify your identity and create your account.
- Deposit into your DraftKings Sportsbook account.
- Place a $5 or larger wager on a contest with odds of -500 or longer that settles by February 22, 2026.
- If your wager wins, you’ll receive 12 $25 bonus bets for a total of $300.
- If your wager does not win, no bonus bets are awarded.
Draftkings Sign Up Promo Code Explained
No DraftKings sign-up promo code is required for this offer. You’ll only need to click our exclusive link, create an account, make a deposit, wager $5, and if you win, you’ll get $300 in bonus bets.
As of February 2026, there’s no DraftKings no deposit bonus available.
Draftkings Sign Up Bonus Terms & Conditions
While we touched on the terms and conditions above, below is a complete, easy-to-read, and easily scannable list of all of the important bonus terms and conditions to be aware of:
- Wagering Requirements: None. You can withdraw any winnings earned from using bonus bets.
- Minimum Odds: -500
- Expiration Date: Feb. 15, 2026, at 11:59 pm ET
- Bonus Bet Expiration: 7 days
- Bonus Bet Payout: $300; 12 $25 bonus bets
- Available States: Valid in Arizona, Colorado, Connecticut, Washington D.C., Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana (select parishes), Massachusetts, Maryland, Maine, Michigan, Montana, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Vermont, Wyoming, and West Virginia.
- Qualifying Wager Deadline: Must place the $5 wager on an event that resolves before Feb. 22, 2026.
- Minimum Age: 21; 18+ in Washington D.C., Kentucky, New Hampshire, and Wyoming.
Eligible States For The Draftkings Sign Up Bonus
The DraftKings sign up bonus is available in these states and locations:
- Arizona
- Colorado
- Connecticut
- Washington, D.C.
- Iowa
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana (select parishes)
- Massachusetts
- Maryland
- Maine
- Michigan
- Montana
- North Carolina
- New Jersey
- New York
- Ohio
- Pennsylvania
- Tennessee
- Virginia
- Vermont
- Wyoming
- West Virginia
All locations except for Washington D.C., Kentucky, New Hampshire, and Wyoming require you to be 21 or older.
However, if you’re in one of those four locations, the minimum age is 18.
Before claiming this offer, DraftKings will utilize its geolocation technology to determine that you’re in one of the legal states. If you attempt to redeem it in the DraftKings app and you’re not in one of the states above, you won’t be able to redeem it.
Using The Draftkings Sign Up Bonus On Mobile
If you’re looking to use the DraftKings sign-up bonus on mobile, you can do so without any issues.
If you’re on a mobile device right now, tap our exclusive link to head to DraftKings Sportsbook.
Once there, follow these steps:
- Click “Sign Up.”
- Complete the registration process. You must provide various bits of personal information, such as your name, address, date of birth, the last four digits of your social security number, and more. This is normal across all online sportsbooks.
- Once you’ve created your account and confirmed your identity, you can begin playing, including making deposits.
- A deposit is required for this offer. However, at this point, download the mobile app.
- The mobile app is available on the Apple App Store and Google Play Store.
- Once the app is downloaded, log in to your account.
- Make your deposit.
- Wager $5 or more on a contest with odds of at least -500.
- If you win, you’ll get $300 in bonus bets (12 bonus bets for $25 each).
- If you lose, you won’t receive anything.
The process for claiming this offer isn’t any different than on desktop. The only difference is the platform you use to create an account and play.
This DraftKings sign up offer is available to players on both mobile and desktop.
Payments & Withdrawals For New Draftkings Users
The deposit and withdrawal options may be different at DraftKings depending on what state you’re in. However, in preparing this guide, these are the options I used.
Deposit Methods
- Online Banking (ACH)
- Debit Card
- Apple Pay
- PayPal
- Gift Card
- Wire Transfer
- Venmo
All of these methods, except wire transfers, should be processed and credited to your account immediately.
Withdrawal Methods
If you use the bonus bets, win some cash, and want to withdraw, you’ll be able to with these methods:
- Online Banking (ACH)
- PayPal
- Wire Transfer
- Check by Mail
- Debit Card
- Apple Pay
- Venmo
All methods except Check by Mail will be sent to you within hours or within 2 days. Checks mailed may take 7 to 14 days.
Draftkings Sign Up Bonus Pros And Cons
Pros
- A massive amount of bonus bets if you win at $300
- Accessible minimum odds at -500
- Qualifying wager deadline is a week after the promo itself expires
- Paid out in 12 $25 bonus bets
- Numerous deposit methods are available
Cons
- The sign up bonus does have a win condition.
How Draftkings’ Sign Up Bonus Compares To Other Sportsbooks
In addition to DraftKings Sportsbook, we have exclusive offers with other top sportsbook brands. How do they compare?
Fanduel Sportsbook
With our exclusive FanDuel Sportsbook offer, players will receive $200 in bonus bets with a winning $5 wager. The biggest difference here is that the amount is $100 less, though there’s no mention of minimum odds requirements.
Bet365 Sportsbook
Using our exclusive bet365 Sportsbook offer, new players will get $200 in bonus bets after they wager $5, win or lose. Like FanDuel, this offer is $100 less, but there’s no win condition.
Caesars Sportsbook
Finally, with promo code GAMEDAY250BM at Caesars Sportsbook, players will get their first wager matched up to $250 in bonus bets, win or lose. With this offer, your first wager will need to be $250 to take advantage of the full amount. That said, it’ll mirror whatever your first wager is, as low as $5.
Is The Draftkings Sign Up Bonus Worth It?
Yes. While there is a win condition, the minimum odds requirement of -500 allows players to wager on an event with an implied probability of winning of 83.3%.
So, if that wager were to win, and you wagered just $5, you’d get $300 in bonus bets spread out across 12 $25 bets.
