Note: This offer has expired. Instead, DraftKings Sportsbook is now offering a Bet $5, Get $150 instantly promo. Continue reading below to find out how to get your bonus.
At DraftKings Sportsbook, new players will receive $300 in bonus bets when they place a successful $5 wager. While there’s no promo code required and you can redeem this on desktop or with the iOS/Android app, remember that in order to get the $300 in bonus bets, the wager must win. This wager is available to all players 21 and older in legal DraftKings states, which includes AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY, and WV.
You can to claim the offer and head to DraftKings to begin the sign-up process. Otherwise, you can continue reading on to learn more about this Bet $5, Get $300 DraftKings new customer promo.
There’s no need to Google “bet 5 get 300 DraftKings" or anything like that; we’ve got you covered.
DraftKings $300 Promo Code
You don’t need a promo code to get the $300 offer from DraftKings. With this DraftKings sign up bonus, bet $5 on any market, and you’ll get $300 in bonus bets if you win. You’ll be credited with bonus bets worth $25 apiece if you win.
With $300 in bonus bets up for grabs, this is easily one of the best sportsbook promos available today. Follow the checklist below to find out exactly how to get yours.
How to Get the DraftKings $300 Promo
The DraftKings $150 promo is no more, but you can still get $300 in bonus bets instantly by following the steps below.
- or the “Get Bonus" button to visit DraftKings Sportsbook.
- Tap “Sign Up" to register for a new account.
- Enter your email, create a username, and come up with a strong, unique password.
- Add your phone number and other necessary personal information.
- Once the sign-up process is complete, make a deposit of $5 or more.
- Find a bet and place at least a $5 wager.
- If you win, DraftKings will award you with $300 in bonus bets.
DraftKings offers a wide range of deposit methods, making it easy to add funds to your new account. The following options are all available:
- Apple Pay
- Bank Wire Transfer
- Cash at Cage
- Cash at Retail Stores
- Credit Card
- Debit Card
- Gift Card
- Online Banking
- PayPal
- Play+ Prepaid Card
- Venmo
- VIP Preferred
You will have seven days (168 hours) to use all bonus bets. If any of them go unused after the specified period, they will expire and be removed from your account.
For more information about this betting site, read our DraftKings Sportsbook hands-on review.
DraftKings Bet $5, Get $300 Promo Terms & Conditions
- Only new users can claim this offer.
- You must deposit at least $5 into your account.
- Bet at least $5 on a market of your choosing.
- Win and get $300 in bonus bets.
- Bonus bets are paid as $25 bet tokens.
- Bonus bets must be used within seven days (168 hours).
- Bonus bets cannot be withdrawn, but winnings earned from using them can.
- Bonus bets cannot be combined.
- Using the cash-out feature will void your bonus bet.
- You must be located in a state where DraftKings legally operates. See the full list below.
Why I Like the DraftKings Bet $5, Get $300 Promo
The DraftKings Sportsbook bonus of Bet $5, Get $300 stands out because of the value. Most welcome offers that follow a similar structure tend to cap at $150 or $200 in bonus bets, but DraftKings is upping the ante and raising the bar to $300 for this offer in particular.
Winning your first bet might sound difficult, but it’s important to note that this is an excellent minimum odds requirement at -500. Don’t make it difficult on yourself by betting on a heavy underdog with your first $5 wager — find a team that’s widely expected to win, like at -500 odds or better, and hope they follow through.
3 Free Months of NBA League Pass via DraftKings Promo
Along with the $300 in bonus bets, you’ll also receive three free months of NBA League Pass if your $5 wager wins. You’ll receive a promo code to the email associated with your DraftKings account, and from there, you can redeem it to get the three free months. Keep in mind that NBA League Pass will auto-renew, so if you want to discontinue the service, be sure to do so before the three months are up.
Use The DraftKings Promo on Panthers vs. Bills
Panthers +7 (-110) vs. Bills
The Bills are allowing the second-most rushing yards per game this season at over 156, and now they’re taking on a Panthers team that’s averaging north of 193 per game over their last three. Additionally, the Bills are coming off a bye and have lost their last two games. Look for the Bills to win, but the Panthers to cover.
The Best Way to Use the DraftKings $300 Promo
The best way to use the DraftKings $300 promo is to find a heavy favorite to place your initial $5 bet on. There’s no point in building a complicated parlay or backing a heavy underdog — you’re decreasing your chances of winning by doing so. Think of your first $5 bet as though it were a lay-up. You’re not going all-out here.
Once you win your first bet and get the $300 bonus, you’re free to use your bonus bets however you please. I prefer to build small parlays around props I feel especially confident about and use my bonus bets to make the most of them. For example, a two-leg parlay at +351 odds would pay out roughly $88 on a $25 bonus bet.
Where is the DraftKings Bet $5, Get $300 Promo Available?
DraftKings Sportsbook is widely available throughout the United States. You can take advantage of the Bet $5, Get $300 promo if you’re located in one of the following states:
- Arizona
- Colorado
- Connecticut
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana (select parishes)
- Maine
- Maryland
- Massachusetts
- Michigan
- New Jersey
- New York
- North Carolina
- Ohio
- Pennsylvania
- Tennessee
- Vermont
- Virginia
- Washington, D.C.
- West Virginia
- Wyoming
How to Withdraw My DraftKings $300 Promo Winnings?
- Head to your account and tap “Withdraw."
- Enter the amount you’d like to withdraw from your account.
- Depending on your banking method, your funds should be available within five days.
Some of the accepted banking methods at DraftKings Sportsbook include:
- Apple Pay
- Bank Wire Transfer
- Check
- Credit/Debit Card
- PayPal
- Play+ Card
- Online Banking
- Trustly
- Venmo
What games are on this week?
This week, there are a number of games on across all major sports leagues, including the following:
- NFL: We’re at Week 8 of the NFL season. Thus far, only Thursday Night Football between the Minnesota Vikings and Los Angeles Chargers has happened, and the Chargers won with ease, 37-10.
- NBA: The NBA season is finally underway, with most teams logging one game. Tonight, Oct. 24, the New York Knicks host the Boston Celtics.
- MLB: The World Series is here. Tonight, Oct. 24, we have Game 1 in Toronto as the Blue Jays host the Los Angeles Dodgers.
- NHL: The NHL season rages on with four games on tonight (Oct. 24).
- College Football: We’re at Week 9 of the college football season, and the game of the week is Oklahoma and John Mateer hosting the Lane Kiffin-led Ole Miss Rebels.
DraftKings Odds NFL Game Odds – Selected Matchup
Below are the odds at DraftKings Sportsbook for all remaining Week 8 NFL games.
| NFL Game |
Moneyline |
Point Spread |
Total |
Predictions |
| Carolina Panthers vs. Buffalo Bills |
CAR: +295
BUF: -375 |
CAR: +7 (-108)
BUF: -7 (-112) |
46.5 (-108/-112) |
Panthers +7 |
| Cincinnati Bengals vs. New York Jets |
CIN: -298
NYJ: +240 |
CIN: -6 (-112)
NYJ: +6 (-108) |
44.5 (-112/-108) |
Jets +6 |
| Baltimore Ravens vs. Chicago Bears |
BAL: -298
CHI: +240 |
BAL: -6.5 (-105)
CHI: +6.5 (-115) |
49.5 (-112/-108) |
Bears +6.5 |
| New England Patriots vs. Cleveland Browns |
NE: -375
CLE: +295 |
NE: -7 (-105)
CLE: +7 (-115) |
40.5 (-115/-105) |
Patriots +7 |
| Houston Texans vs. San Francisco 49ers |
HOU: -125
SF: +108 |
HOU: +1.5 (-110)
SF: -1.5 (-110) |
41.5 (-105/-115) |
49ers -1.5 |
| Atlanta Falcons vs. Miami Dolphins |
ATL: -440
MIA: +340 |
ATL: -7.5 (-115)
MIA: +7.5 (-105) |
44.5 (-115/-105) |
Falcons -7.5 |
| Philadelphia Eagles vs. New York Giants |
PHI: -410
NYG: +320 |
PHI: -7.5 (+100)
NYG: +7.5 (-120) |
43.5 (-118/-102) |
Eagles -7.5 |
| New Orleans Saints vs. Tampa Bay Buccaneers |
NO: +185
TB: -225 |
NO: +4.5 (-112)
TB: -4.5 (-108) |
46.5 (-110/-110) |
Buccaneers -4.5 |
| Indianapolis Colts vs. Tennessee Titans |
IND: -1450
TEN: +850 |
IND: -14.5 (-112)
TEN: +14.5 (-108) |
46.5 (-114/-106) |
Colts -14.5 |
| Denver Broncos vs. Dallas Cowboys |
DEN: -185
DAL: +154 |
DEN: -3.5 (-105)
DAL: +3.5 (-115) |
50.5 (-112/-108) |
Denver -3.5 |
| Pittsburgh Steelers vs. Green Bay Packers |
PIT: +136
GB: -162 |
PIT: +3 (-115)
GB: -3 (-105) |
45.5 (-115/-105) |
Steelers +3 |
| Kansas City Chiefs vs. Washington Commanders |
KC: -800
WAS: +550 |
KC: -12.5 (-108)
WAS: +12.5 (-112) |
45.5 (-112/-108) |
-12.5 |
What NFL Games Are On This Week
In addition to the odds above, here’s when each game will be played this week in the NFL.
Sunday, 1 pm ET Slate
- Falcons vs. Dolphins
- Bengals vs. Jets
- Patriots vs. Browns
- Eagles vs. Giants
- Panthers vs. Bills
- Ravens vs. Bears
- Texans vs. 49ers
Sunday, 4:05 - 4:25 pm ET Slate
- Saints at Buccaneers (4:05 pm ET)
- Broncos vs. Cowboys (4:25 pm ET)
- Colts vs. Titans (4:25 pm ET)
Sunday Night Football
Monday Night Football
What are other DraftKings Promo Benefits?
Here are some other promotions you can find at DraftKings Sportsbook today.
- NBA Friday Mystery Promotion: Claim this offer to find out if it’s a No Sweat Bet, Early Win, or Profit Boost.
- CFB Friday Mystery Parlay Boost: Get up to a 50% profit boost on 3+ leg CFB Parlays/SGPs.
- MLB Playoffs 25% SGP Boost: Get a 25% profit boost on all MLB SGPs with four legs or more.
- MLB YRFI/NRFI 33% Profit Boost
- NFL TD Scorer Profit Boost
- Knicks vs. Celtics 25% Profit Boost
- Unlimited Live MLB HR Boost
- 33% Profit Boost for UFC 321
- SEC Profit Boost (College Football)
- Soccer Weekend Profit Boost Pack
- NFL Parlay Boost
- MLS Season Pass Bet and Get: Wager $5 on soccer and get an MLS Season Pass subscription.
- Touchdown Draw: Claim an NFL player, and if they score a touchdown, you’ll earn rewards.
- Full Court Draw: Claim an NBA player, and if they score 15 points or more, you’ll earn rewards.
In addition to these offers, you can dive into DraftKings DFS for a new way to experience fantasy sports.
DraftKings App Reviews
Both are some of the latest DraftKings app reviews showing what real players think of the app.
“the app works as long as I have a strong signal. Big complaint is boost tokens. Specifically when the ones you have to build your own parlay with. I’ve read the fine print a few times and the vagueness of the limitations sometimes is frustrating! You have no idea what is excluding sometimes a 105% profit boost. I believe the fine print says something like “Boost token may be applied to eligible games only" but it doesn’t list which games are eligible/ineligible anywhere! So you just get to guess"
This player brings up the concern over language for boost tokens, so always be sure to read them to understand fully what you’re getting into.
“Excellent way to get involved with betting on sports in your state. Good for beginners with lots of documentation to learn. You can bet with any amount to start before you take any big risks."
DraftKings has excellent resources for all new bettors so they can learn about the ins and outs of sports betting and begin making their first wagers with confidence.
