ByFrank Ammirante

Jul 3, 2024

DraftKings MLB Promo

  • Bet $5, Get $200 in Bonus Bets

    Bet & Get

    Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KS, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY Call 877-8- HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ to wager. Please Gamble Responsibly. Call 1- 800-NEXT-STEP (AZ), 1-800-522-4700 (NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981- 0023 (PR).

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    Visit DraftKings Sportsbook|Read Review
    • Huge Variety of US & International Markets

    • Tons of Promotions & Features

    • VIP & Rewards System

    • Very Aesthetically Pleasing

DraftKings MLB Promo Code

The DraftKings welcome bonus includes a Bet $5, Get $150 offer for new users with no promo code required.

Simply make a minimum deposit of $5 and place your first wager of $5 or more on any market.

Win or lose, you will receive $150 in bonus bets, which will be distributed as six (6) $25 bet tokens that expire seven days after being issued.

This is a single-use offer available to new players in any eligible DraftKings state.

To claim this promotion, or “Get Bonus" on this page to earn your first bet insurance.

How to Get the DraftKings MLB Promo

  1. Get to DraftKings Sportsbook by clicking here.
  2. Sign up for a new account.
  3. Create a unique username and password.
  4. Provide your name, date of birth, and more.
  5. Deposit at least $5 into your balance.
  6. Make a $5+ first wager.
  7. Win or lose, you will get $150 in bonus bets approximately 72 hours after your qualifying wager is settled.

Use these deposit methods at DraftKings:

  • 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

How Does the DraftKings MLB Promo Work?

Take advantage of the DraftKings Bet $5, Get $150 welcome bonus for a chance to get your MLB betting venture off to a strong start. Read more to learn about the terms and conditions.

Terms & Conditions

  • Available for new signups only.
  • Minimum deposit of $5 is required.
  • Qualifying wager is $5+ on MLB or any other market.
  • $150 in bonuses is provided approximately 72 hours after the qualifying bet is settled.
  • Users get the bonus whether their qualifying wager wins or loses.
  • The bonus bets are split up into six $25 bet credits.
  • You have to use your bonus within seven days or they will expire.
  • Bonus bets cannot be withdrawn from your account.

Why I Like the DraftKings MLB Promo

Here are some reasons why I like the DraftKings MLB promo:

  • $5 wager nets you $150 in guaranteed bonuses.
  • You only need to deposit $5 into your account.
  • The bonus is divided into smaller bet tokens.
  • You can wager on whatever you want, whether it’s MLB or any other sport.

The Best Way to Use the DraftKings MLB Promo

The best way to use the DraftKings MLB promo is to try to hit a home run on your initial $5 bet.

Win or lose, you will get your bonus, so you have every reason to try to hit a big payout.

Find your favorite “Home Run” prop because these have longer odds and better payouts.

I suggest picking someone who is on a hot streak, facing a pitcher with home run issues. Bonus points if the hitter is in a home run-friendly ballpark or in a favorable platoon split matchup.

I’ve had success going with red-hot hitters, such as Corey Seager, who recently finished up a torrid streak in May.

Once you get your bonus bets, focus on pitcher props. I find that it’s a lot easier to predict pitching results instead of hitting.

I know I suggested hitting earlier, but that was for the longshot attempt. It’s better to play it safe with the bonus, so focus on the mound.

I like targeting pitcher walks (Unders on strong command types, like George Kirby) or strikeouts (Overs on pitchers with good stuff, like Paul Skenes).

Make sure to focus on straight bets over parlays because they’re easier to win in the long run.

Keep some of these tips in mind for other sports betting promos.

Where Is the DraftKings MLB Promo Available?

The DraftKings promo is available in the following states:

  • Arizona
  • Colorado
  • Connecticut
  • Iowa
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana (select parishes)
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • North Carolina
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • Vermont
  • Wyoming
  • West Virginia

How to Withdraw My DraftKings MLB Promo Winnings?

  1. Access your account information, which is found on the top-right.
  2. Select “Withdraw” to remove funds from your account.
  3. Make sure that you have verified your identity.
  4. You should receive your funds within five business days, depending on the banking method.
  5. Please note that bonus bets cannot be withdrawn. You can see your withdrawable balance in your account information.

Claim your winnings at DraftKings using the following methods, each with varying wait times:

  • 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

Other DraftKings MLB Betting Promotions

There are several cool promos at DraftKings, including the following:

  • Odds Boosts: Players will have enhanced odds, offering better payouts. An example of this could be Aaron Judge to hit a home run, boosted from +150 to +200.
  • MLB Early Win: Choose a team to win on a pre-game moneyline bet. If they have a two-run lead at any point of the game, your wager is graded as a win, even if the team ends up losing.

Want to know more about this betting site? Read our comprehensive DraftKings Sportsbook review to see how it stacks up against the competition.

Promo TypeNew User Promo
SportsBookDraftKings Sportsbook
How to EnterSign Up & Bet
Promo Code

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).

Call 877-8-HOPENY or text HOPENY (467369) (NY).

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).

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