DraftKings Bet $5, Get $150 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.
Please note that the Bet $5, Get $150 promo now varies depending where you are located.
If you’re located in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WY, or WV, simply place a $5+ wager and you’re guaranteed $150 in bonuses, even if your bet loses.
Users in DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT will need to win their first wager ($5+) in order to get the $150 in bonus bets.
How to Get the DraftKings Bet $5, Get $150 Promo
Here’s how to get the DraftKings Bet $5, Get $150 promo:
- and get to the DraftKings landing page.
- Think of a username and password.
- Include your personal information (name, address, etc.)
- Make a minimum deposit of $5.
- Place your first wager of at least $5.
- Get $150 in guaranteed bonus bets once your wager is settled if you’re in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WY, or WV. You need your first bet to win if you’re in DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT.
You can deposit at DraftKings with these banking 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
How Does the DraftKings Bet $5, Get $150 Promo Work?
Taking advantage of the DraftKings welcome bonus is easy:
- Click “Claim Offer" at the top or bottom of this page.
- Create a DraftKings account and finish any necessary identity verification steps.
- Choose one of the many safe and secure deposit methods and deposit $5 or more.
- Place your first wager of $5 on any sport.
- Get $150 in bonuses (need your bet to win in DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT).
- Bonus Bets are valid for seven (7) days and failure to use them will void the promotion.
Terms & Conditions
- New users only.
- Minimum deposit is $5.
- Place a $5+ bet on NFL or any other market.
- Have a chance at $150 in bonuses once your initial wager is settled.
- The bonus is divided into six (6) $25 bet tokens.
- Bonus bets must be used within seven days or they will expire.
- You cannot withdraw bonus bets from your account.
You are not allowed to combine bonus bets or your qualifying wager with odds boosts, profit boost, or bets settled using the cash-out feature.
In order to be eligible for the DraftKings Bet $5, Get $150 promotion, you must be a new user present in eligible states.
Why I Like the DraftKings Bet $5 Get $150 Promo
Here’s why I like the DraftKings promo, which is now Bet $5, Get $150:
- You have a chance at turning $5 into $150.
- The bonus is in smaller increments rather than one lump sum.
- Any market is available for your qualifying wager, including the NFL.
The Best Way to Use the DraftKings Bet $5, Get $150 Promo
You can shoot for the moon with your DraftKings Bet $5, Get $150 promo with your first bet ($5+) if you’re in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WY, or WV.
The bonus bets are guaranteed, so you don’t have to worry about taking a conservative approach.
I suggest going with NBA “First Basket” props because they have longshot odds and can settle within one minute of the game.
You can also go with “Home Run” in MLB, “First Touchdown” in NFL, or “First Goalscorer” in NHL.
Essentially, you’re looking for a longshot prop that will settle quickly, giving you a greater return on investment while lowering your wait time for your $150 in bonuses.
After you get your $150 in bonuses, use the six $25 bet tokens on straight wagers.
I prefer to go with player props because they are easier to win than spreads, moneylines, and totals.
Prioritize straight bets over parlays because you have a better chance at winning one bet than a combination of three or more.
You want to add to your balance, not just take shots on parlays with long odds, so stick with this conservative approach with your bonus.
If you ride with these tips, you will be able to take advantage of the DraftKings Bet $5, Get $150 promo.
However, if you’re in DC, IA, KS, KY, LA, MD, MI, NJ, NY, TN, VA, or VT, you need your first bet to win in order to get the bonus, so make sure to play it safe.
No matter which you choose, DraftKings currently has one of the best sports betting promos around.
