DraftKings $200 Promo Code Bonus: Bet $5, Get $200

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21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: Promos | DraftKings Sportsbook. Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.

DraftKings has a new welcome bonus for users in select states, providing new signups with a Bet $5, Get $200 promo.

The current offer provides up to $200 in non-withdrawable Bonus Bets. The reward is issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days.

Securing this offer is an easy process with no promo code required. You won’t want to miss out on a great opportunity to claim Bonus Bets at DraftKings.

On this page, I will provide a full breakdown of the DraftKings Bet $5, Get $200 offer.

DraftKings $200 Promo Code

New users in eligible states can secure up to $200 in Bonus Bets when they sign up at DraftKings Sportsbook.

Make sure to take advantage of one of the best sportsbook promos in the industry. The current offer provides up to $200 in non-withdrawable Bonus Bets, issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days.

All you need to do is create an account and place a first-time bet of $5 or more to qualify for the offer. No promo code is required.

How to Get the DraftKings $200 Promo

1. Click the “Get Bonus" link on this page to get to DraftKings.
2. Sign up for a new account.
3. Think of a secure username and password.
4. Include your personal information.
5. Make your first deposit.
6. Place a first-time bet of at least $5.
7. Claim your Bonus Bets when they become available through the click-to-claim process.

Read on for the DraftKings terms and conditions.

You can make deposits at DraftKings using the following options:

• Apple Pay
• Bank Wire Transfer
• Cash at Cage
• Cash at Retail Stores
• Credit Card
• Debit Card
• DraftKings Gift Card
• Electronic Gift Card
• Online Banking
• PayPal
• Play+ Prepaid Card
• Venmo
• VIP Preferred

Terms & Conditions

• 21+ and present in most states. (18+ DC/NH/PR/WY).
• Void in CAN.
• Eligibility restrictions apply.
• Available once per new DraftKings customer.
• A first-time bet of $5 or more is required.
• The maximum reward is $200 in non-withdrawable Bonus Bets.
• The stake is removed from the payout.
• The reward is issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days.
• Bonus Bets and click-to-claims expire 7 days (168 hours) after issuance.
• The offer ends 9/20/26 at 11:59 PM ET.
• Sponsored by DK.

How the DraftKings Bet $5, Get $200 Promo Works

The previous DraftKings Bet $5, Get $200 offer has been updated. Under the current promotion, new DraftKings customers must place a first-time bet of at least $5 to qualify for up to $200 in non-withdrawable Bonus Bets.

The $200 reward is not issued all at once. Instead, it is provided as $50 in Bonus Bets every 7 days via click-to-claim for 21 days.

Once each Bonus Bet is issued, you have 7 days (168 hours) to claim and use it before it expires.

Why I Like the DraftKings Bet $5 Get $200 Promo

You can get the DraftKings Bet $5, Get $200 promo offer here. I really like the current offer for these reasons:

• It provides up to $200 in Bonus Bets for new users.
• The reward is distributed in $50 increments every 7 days.
• The offer does not require a promo code.

The Best Way to Use the DraftKings $200 Promo

The best way to use the DraftKings $200 promo is to make sure your first-time wager meets the $5 minimum requirement.

Once you qualify, the reward is issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Keep track of the issuance dates because each Bonus Bet and click-to-claim expires 7 days (168 hours) after issuance.

Because Bonus Bets are non-withdrawable, you cannot cash them out directly. However, winnings generated from eligible Bonus Bets may be subject to the applicable DraftKings terms.

Where Is the DraftKings Bet $5 Get $200 Promo Available?

The DraftKings Bet $5 Get $200 promo is available in most states where DraftKings Sportsbook operates, subject to eligibility restrictions. The offer is for customers who are 21+ in most states, with an 18+ minimum age in DC, NH, PR, and WY.

The promotion is void in Canada.

You can come back to this page to find out where new DraftKings bonuses are available. We’ll keep you updated with all the latest Sportsbook promotions and news.

How to Withdraw My DraftKings $200 Promo Winnings?

The previous $200 offer’s reward structure has changed, but you can still withdraw eligible cash winnings from your DraftKings account.

1. Access your account information on the top right.
2. Click “Withdraw" to remove eligible funds.
3. You may be asked to verify your identity.
4. Funds should be received according to the processing time for your selected withdrawal method.

Here are some withdrawal methods available at DraftKings:

• Cash at Cage: 1 Hour (but has to be in-person)
• Debit Card: 1 Day
• Apple Pay: 1 Day
• Trustly: 1 Day
• PayPal: Up to 2 Days
• Bank Wire Transfer: Up to 2 Days
• Venmo: Up to 2 Days
• VIP Preferred eCheck: Up to 3 Days
• Check: $100-$2,000 = Up to 5 Days, $2,000+ = Up to 3 Days
• Play+ Prepaid Card: Up to 4 Days
• Online Banking: Up to 5 Days

Read our DraftKings hands-on review for more information about one of the best sportsbooks in this space.