DraftKings $200 Promo Code | Bet $10, Get $200

No longer a DraftKings Bet $5, Get $200 offer, the new DraftKings Bet $10 Get $200 promo is almost just as good!

The above offer is available in any DraftKings eligible state, but only players in IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY can access the Bet $10 Get $200 promo (and the DraftKings $300 offer which I will touch on more below).

Those in CT, MA, and NY are restricted to the DraftKings Bet $5 Get $150 promo.

Terms & Conditions

• New users only.
• Minimum deposit is $5.
• Place a $5+ bet on NFL or any other market.
• Win or lose, get $150 in bonuses 72 hours after this bet is settled.
• The bonus is divided into six $25 bet tokens.
• Bonus bets must be used within seven days or they will expire.
• You cannot withdraw bonus bets from your account.

The terms and conditions outlined above are the same for Bet $10 Get $200 and Bet $50 Get $300 offers.

The difference with those bonuses is that you have to choose one of three options with your qualifying wager:

• Bet $5 Get $150 (for CT, MA, and NY)
• Bet $10 Get $200 (for IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY)
• Bet $50 Get $300 (for IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY)

DraftKings $200 Promo Code

NOTE: The DraftKings Bet $5, Get $200 promo has expired, please see above for the latest offer!

New users can take advantage of a Bet $10, Get $200 offer in IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY.

This is one of the best sportsbook promos in the industry because you get your bonus bets instantly and there’s no playthrough requirement - any money you win from these bonus bets can be withdrawn immediately.

Just sign up, bet $10 on any market and you’ll instantly get $200 in bonus bets - no strings attached!

How to Get the DraftKings $200 Promo

1. Click here to get to DraftKings.
2. Register for a new account.
3. Create a username and password.
4. Include your name, birth date, address, and more.
5. Make a minimum deposit of $5.
6. Place a bet of at least $10 on the NFL or any other market.
7. Even if you lose, you will get $200 in bonus bets.
8. You will get the bonus about 72 hours after your first bet is settled.

DraftKings has several deposit methods, including the following:

• 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

When you sign up for this DraftKings $200 promo code offer, you’ll receive eight (8) $25 Bonus Bets, totaling $200 in bonus bets.

Those bonus bets will expire after seven (7) days and are not eligible for DraftKings odds boosts or to be settled using the cashout feature.

If you are looking for an even bigger bonus, check out how the DraftKings $300 promo works.

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

The DraftKings welcome bonus is now Bet $10, Get $200 in select states.

Taking advantage of the DraftKings $200 promo is easy — just follow these steps:

• Click “Get Bonus" 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 $10 on any sport.
• Whether that bet wins or loses, you’ll receive eight (8) $25 Bonus Bets.
• Bonus Bets are valid for seven (7) days and failure to use them will void the promotion.

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 $10, Get 200 promotion, you must be a new user present in select states.

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

Even though the DraftKings Bet $5, Get $200 promo has expired, I still enjoy the DraftKings Bet $10, Get $200 promo. Here’s why:

• You can make a $10 deposit and $10 bet to get $200 in bonus bets, even if you lose.
• The bonus is in smaller increments rather than one lump sum.
• Any market is available for your qualifying wager, including the NFL.

If you’re going for the Bet $10, Get $200 promo, it’s great because you can net an extra $50 in bonuses just for $5 more.

The Best Way to Use the DraftKings $200 Promo

The best way to use the DraftKings $200 promo is to try to convert a Hail Mary pass on a longshot prop with your $10 qualifying wager.

This is because you are going to get the $200 in bonuses even if you lose, so you can try for a larger payout.

Find your favorite “First Touchdown” scorer prop because these can have longshot odds for a chance at a nice profit.

I like to pick a player on the favored team, since it’s more likely that they will score first. For example, if the Eagles are home favorites against the Giants, I might go with Dallas Goedert, since he will have a better payout than his teammates.

Once you receive your $200 in bonuses, prioritize straight bets with player props.

This bet type is easier to win, so taking this route is a good way to build your bankroll.

I like to target quarterbacks to go Over passing yards if they are heavy underdogs. This is because if they’re playing from behind, they are more likely to throw at a higher rate.

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

The DraftKings welcome bonus is now Bet $10 Get $200, available in the following states:

• Iowa
• Illinois
• Louisiana
• Michigan
• North Carolina
• New Jersey
• Ohio
• Pennsylvania
• Vermont
• Wyoming

Users in Connecticut, Massachusetts, and New York can use the Bet $5 Get $150 promo.

How to Withdraw My DraftKings $200 Promo Winnings?

1. Go to your account and click “Withdraw.”
2. You may be prompted to verify your account.
3. Your funds should be with you within five business days (varies based on banking method).

You can use the following banking methods 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 Sportsbook review to learn more about DraftKings, or simply sign up today by clicking “GET BONUS" at the bottom of this page and start betting!