DraftKings $300 Promo Code | Bet $5, Get $300

If you’re new to DraftKings Sportsbook, you’re in luck. If you sign up today and bet $5 on any market, you can get an additional $300 in bonus bets! No promo code is needed to activate this offer, either.

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 promo.

DraftKings $300 Promo Code

You don’t need a promo code to get the $300 offer from DraftKings. Just sign up, bet $5 on any market, and you’ll put yourself in position to get $300 in bonus bets. As long as your first bet of $5 or more wins, you’ll be credited with 12 bonus bets worth $25 apiece.

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

It’s simple to claim the DraftKings $300 promo. Just follow these steps and you’ll be on your way.

1. or the “Get Bonus" button to visit DraftKings Sportsbook.
2. Tap “Sign Up" to register for a new account.
3. Enter your email, create a username, and come up with a strong, unique password.
4. Add your phone number and other necessary personal information.
5. Once the sign-up process is complete, make a deposit of $5 or more.
6. Find a bet you feel confident in and place at least a $5 wager.
7. 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

When you win your bet, DraftKings will pay out the $300 promo in the form of 12 bonus bets. Each bet is equivalent to a $25 wager. Your stake will not be included in the payout if the bonus bet is used in a winning bet, but any additional winnings you receive would be yours to keep.

For example, if you use one of your bonus bets on a market priced at +200 and win, you would get $50. If you made this bet with cash and won, you would get $75, because it would include the stake you played in the payout.

You will have seven days (168 hours) to use all 12 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.
• If your bet wins, get $300 in bonus bets.
• Bonus bets are paid as 12 $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 full list below.

Why I Like the DraftKings Bet $5, Get $300 Promo

The DraftKings Bet $5, Get $300 promo stands out because of the valuable bonus. 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 there’s no odds requirement for this bet. 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, perhaps around -300 odds or better, and hope they follow through.

Use The DraftKings Promo on Dream vs Fever

Fever (-470) vs Dream

Caitlin Clark is one of the biggest names in sports right now, and for good reason. Despite an early exit from the WNBA Playoffs in 2024, her Indiana Fever are one of the betting favorites to win the 2025 title. After beating the Chicago Sky by 35 in their season opener, the Fever look poised to roll through the Atlanta Dream. Back Clark’s side to win with your first $5 bet.

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