DraftKings Bet $5, Get $200 Promo | Get $200 in Bonus Bets

DraftKings $200 Promo Code

New users who sign up for DraftKings Sportsbook can get a Bet $5, Get $200 promotion when they bet and win on any pregame moneyline wager.

New sign-ups at DraftKings can get $200 in bonus bets when they make an account, deposit at least $5, and win a $5+ wager on a pre-game moneyline wager.

All you need to do to receive the $200 in bonus bets is , create a DraftKings account, deposit $5 or more, and place a $5+ wager on any pre-game moneyline as your first bet on DraftKings.

If that first bet wins, you’ll receive eight (8) $25 Bonus Bets, totaling $200 dollars. 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.

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

Taking advantage of the DraftKings new customer offer is easy — just follow these steps:

• Click “GET PROMO" at the top or bottom of this page and create a DraftKings account.
• Choose one of the many safe and secure deposit methods and deposit $5 or more.
• Place your first wager of $5 or more on any pre-game moneyline.
• If your bet wins, you’ll receive eight (8) $25 Bonus Bets, totaling $200.
• 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 Bet $5, Get $200 promotion, you must be a new user present in states where DraftKings Sportsbook is operational.

The Best Way to Use DraftKings $200 Promo

This promotion is great because you only have to deposit and wager $5 to qualify and receive $200 in bonus bets.

As long as your first wager is on any pre-game moneyline, exceeds $5, and the bet wins, you’ll receive $200 in bonus bets.

Pick any game, no matter how big of a favorite, and simply bet $5 or more on it. If they win, you’ll get eight (8) $25 bonus bets, totaling $200.

You will not receive the stake back for the bonus bets, you’ll only receive the profits if your bet wins. This incentives bettors to take bets with longer odds — underdogs, parlays, or futures — to maximize the bonus bets.

If you take a favorite you might be more likely to win, but you’d also be leaving money on the table. Since you only receive the winnings of bonus bet wagers, taking a risk and using your bonus bets on wagers with longer odds is the best way to get the most out of your deposit bonus.