ByFrank Ammirante

Mar 13, 2024

DraftKings $250 Promo Code | Bet $5, Get $250 Instantly

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      Bet $5, Get $250 in Bonus Bets

DraftKings is renowned for their user-friendly platform, useful promotions, and robust betting markets.

North Carolina sports betting has finally launched, giving NC users a chance to try out one of the best sportsbooks in the industry in DraftKings.

On this page, we’ll provide a full breakdown of the DraftKings promo code, which features a lucrative Bet $5, Get $250 in bonus bets offer.

DraftKings Bet $5, Get $250 Promo Code


There’s no promo code required for this offer, simply place your first bet of at least $5 to net $250 in bonuses. That’s right — you won’t have to win your first wager to unlock the bonus bets.

This is one of the best sportsbook promos because you’re only risking $5 to get $250 in bonuses. This is essentially like hitting a (+5000) parlay, since you’re getting 50x your stake in bonus bets.

The difference here is that you don’t even need to win your bet. It simply does not get much better than this, so join DraftKings to get off to a good start building your bankroll.

NOTE: DraftKings North Carolina has the Bet $5, Get $250 offer. Other states with DraftKings have a Bet $5, Get $150 welcome bonus.

How the DraftKings Bet $5, Get $250 Promo Works

Check out the terms and conditions attached to the DraftKings Bet $5, Get $250 promo below.

  • ✅ Deposit at least $5 into your account.
  • ✅ Place a $5+ first wager on any market.
  • Please note that you cannot use your first bet on profit boosts or the cash-out feature.
  • Once the bet is settled (win or lose), you’ll get $250 in bonuses.
  • The bonus will come in the form of 10 $25 bonus bets.
  • These bonus bets have no cash value and can be only used to get more winnings.
  • Make sure to use your bonus within seven (7) days, or it will expire.

How to Sign Up For DraftKings Bet $5, Get $250 Promo

Follow these steps to sign up for the DraftKings Bet $5, Get $250 promo:

  • ✅ Click this to access DraftKings.
  • ✅ Create a username that is easy to remember.
  • ✅ Think of a secure password.
  • ✅ Set up two-step authentication to add another security measure.
  • ✅ There is no promo code required for this offer.

The Best Way to Use the DraftKings Bet $5, Get $250 Promo

Follow this strategy to make the most out of your DraftKings Bet $5, Get $250 promo:

$5 Wager

  • Your $5 bet should be used on a longshot.
  • You don’t have to worry about playing it safe because you’re getting the bonus even if you lose.
  • Find your favorite prop with longshot odds.
  • I would recommend looking at First Basket markets in NBA because they always have nice prices.

$250 in Bonus Bets

  • Even if you lose your $5 bet, you’ll still get $250 in bonuses.
  • You can split up the bonus because it’s distributed as 10 $25 bet tokens.
  • Focus on straight bets with the bonus, since they’re easier to win.
  • I would suggest using eight (8) tokens on straight bets.
  • The remaining two (2) tokens can be used on parlays for a chance at a higher payout.

What To Bet With The DraftKings Bet $5, Get $250 Promo

Below you’ll find a number of options for the DraftKings Bet $5, Get $250 promo. Each of the suggestions will have long odds to get you a chance at a better payout.


  • First Basket Props
  • Alternate Lines (ex. a higher number on points, rebounds, and more).
  • Underdog Moneylines


  • Home Run Props
  • Alternate Lines (ex. more strikeouts, hits, etc.)
  • Underdog Moneylines


  • Goalscorer Props
  • Goalie Shutouts
  • Underdog Moneylines

College Hoops

  • Alternate Lines (points, assists, etc.)
  • Underdog Moneylines
  • Futures Bets


  • NFL Draft Futures
  • Super Bowl Futures
  • Player Next Team Futures


  • Outright Winners


  • Champions League Player Props

Our Expert Take On The DraftKings Bet $5, Get $250 Promo

Overall, I can confidently say that the DraftKings Bet $5, Get $250 promo is one of the best in the industry.

Here’s why:

  • Low Barrier to Entry: You just need to place a $5 wager for $250 in guaranteed bonus bets.
  • $250 in Bonuses: Most Bet & Get offers are capped at $150-200, so getting an extra $50 is huge.
  • 10 $25 Bet Tokens: The bonus is split up into 10 $25 bet tokens rather than one $250 credit.

It’s great to be able to get guaranteed bonus bets that can be split up into smaller wagers, making it more likely to help build your bankroll, since you can spread your risk across multiple bets.

Promo TypeNew User Promo
SportsBookDraftKings Sportsbook
How to EnterSign Up & Bet
Promo CodeNone needed


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.

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

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