ByMatt De Lima

Mar 6, 2024

Best NFL Draft Betting Promos | Get Over $4K+ In Bonuses

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      Bet $5, Get $150 in Bonus Bets

      Bet & Get

Every NFL fan loves the draft because it provides an offseason palette cleanser—an opportunity to start over. What better way to celebrate all three days of drafting than by taking advantage of the best NFL Draft betting promos?

Check out some of the best sportsbook promos below for the NFL Draft, which runs from Thursday, April 25 through Saturday, April 27.

Best NFL Draft Betting Promos Details

Sportsbook PromoBonus DetailsBest Feature
DraftKings SportsbookUser Experience + Existing User Promos
bet365 SportsbookBest Odds + Daily SuperBoost
BetMGM Sportsbook Huge Welcome Offers + Rewards Program
Caesars SportsbookDaily Odds Boosts + Great Rewards
FanDuel SportsbookMobile App Experience + Fast Payouts

DraftKings NFL Draft Betting Promos

A great NFL Draft betting promo can be found at DraftKings Sportsbook. All you have to do is create an account, submit your first-time deposit of $5+, and submit a wager of $1, and if it loses, get your initial stake back as a bonus bet, up to $1,000.

DraftKings is making it cheaper to take advantage of their No Sweat First Bet promo with a $5 deposit and wagers starting at $1. It is recommended to wager more (say $10) to get more back if your bet loses.

To get started, click below. No promo code is necessary to take advantage of this NFL betting offer.

bet365 NFL Draft Betting Promos

Who doesn’t like having options? That’s what bet365 Sportsbook delivers in their promotion. Instead of one path, they give you two options in their NFL Draft betting promo.

Your first choice is a $1,000 First Bet Safety Net. When you choose this offer, if your first wager is a loss, you get a bonus bet equal to your wager (up to a maximum of $1,000). Talk about a safety net because this is a great option if you make a riskier bet and want a second chance to score a big payout.

Or, if you prefer, bet365 gives you a second option with their Bet $5, Get $150 promo. With this method, it’s even simpler. With your first bet of at least $5, you’ll receive $150 in bonus bets whether you win or lose.

Given these two choices, bet365 allows you to win big exactly how you prefer. All that’s needed to get started is to enter code GAMEDAY.

BetMGM NFL Draft Betting Promos

When you sign up at , you get $150 in bonus bets. Here’s how you can get started.

Once you’ve created an account and used the promo code, make your first deposit. Once your account is funded, place a $5 in any market. Whether that bet is a winner or not, BetMGM delivers you $150 in bonus bets.

You receive three bet tokens total divided into three $50 credits. This provides three chances to win. Hey, it’s a great deal, all for placing a $5 bet.

Caesars NFL Draft Betting Promos

Do you believe in second chances? does.

They’re offering new users up to $1,000 in second-chance bets if they sign up with the bonus code GAMEDAY1000.

After signing up with the promo code, you can make your first bet. If you lose that bet, Caesars will credit your account with a bonus bet equal to your wager amount, up to a maximum of $1,000.

So, for example, let’s say you bet $500 on Caleb Williams to be the No. 1 overall pick, but Drake Maye ends up going first. Then, Caesars gives you a $500 bonus bet, so now you have a second chance bet equal to that original bet.

Caesars will add your second chance bonus within two business days. Remember that the bonus bet can’t be split into smaller denominations, so make that second chance bet count.

FanDuel NFL Draft Betting Promos

There is also a great promo available at FanDuel Sportsbook. It is their Bet $5, Get $150 offer, although it comes with one small caveat: Your first bet has to be a winner to receive the $150 bonus.

Please don’t fret because it’s important to remember that FanDuel will let you bet whatever you want, and there are no odds limitations on your first bet. So that means you could take a monster favorite (-5000) to qualify. From there, assuming you win, the $200 bonus is all yours.

Your bonus bets are provided to you as six $25 bet tokens. You only have seven days because credits will expire if unused.

All you need is one $25 bet to hit a huge payout, and FanDuel is giving you six $25 credits to chase a big winner.

How To Activate NFL Draft Betting Promos

You can activate your NFL Draft betting promos by following these steps.

  1. Click one of the links on this page to head to a sportsbook.
  2. Enter your name and other personal information.
  3. Create a strong, unique password.
  4. Enter the promo code (if necessary).
  5. Make your first deposit.
  6. Place your bet.
  7. Once you’ve won or lost your bet, you will receive your bonus so long as you’ve met the requirements.

How NFL Draft Betting Promos Work

NFL Draft betting promos are easy to understand and make work for you. The toughest decision you’ll have to make is choosing which sportsbook(s) you’d like to sign up for, though, because there’s a good chance you’ll still come away with some bonus bets no matter what.

The main factor to consider when choosing a sportsbook is the type of bonus you prefer. The NFL Draft betting promos listed above follow one of two primary formats: Bet & Gets or First Bet Safety Nets.

Bet & Gets require you to wager a predetermined amount — usually no more than $5 — to receive a bonus. You’ll usually receive your bonus bets whether you win or lose your wager. It is typically the act of betting the $5 that sportsbooks will reward you for, not winning your bet.

On the other hand, First Bet Safety Nets are all about losing your first bet. When you sign up and claim one of these offers, you’ll be in line to receive a bonus bet equal to the amount of your first wager — should it be counted as a loss. These are great ways to earn a second chance without betting more money.

You’ll be required to sign up for a new account, make your first deposit, and place a bet. If that sounds good, click any links associated with your sportsbook(s) to start.

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


Matt De Lima

Matt is a sports content editor at The Game Day with more than 10 years experience in the fantasy and betting spaces. He is a two-time Fantasy Sports Writing Association award finalist with previous experience working for Sports Illustrated, Full Time Fantasy, FFToolbox, 4for4, and RotoExperts. Born and raised in California, Matt now calls southern Maryland home. He is a Virginia Tech alumnus and a life-long 49ers, Lakers, and Dodgers fan.

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