DraftKings $200 Promo Code: Bet $5, Get $200 Instantly In Bonuses
Last updated November 14, 2024
Don’t miss out! DraftKings’ new user promo gives you an instant $200 in Bonus Bets with just a $5 wager on any market. Sign up today, place your bet, and unlock this exclusive bonus. Check the details below to see how easy it is to claim, along with other rewarding offers.
How to Get the DraftKings $200 Promo
To get your $200 on DraftKings, start by completing a quick registration and place a $5 cash bet on any market, such as the NBA. Once you make your first wager, DraftKings will instantly reward you with $200 in bonus bets, regardless of the outcome of your $5 wager.
The $200 in bonus bets, will be distributed as eight $25 bonus bets. plus enjoy the King of the Court promotion over the next ten days. You can then use these bonus bets across various sports markets to maximize your experience.
DraftKings $200 Promo Code Overview
| 🎁 Bonus Promo Offer: | Bet $5, Get $150 If Your Bet Wins |
| ➕ DK Promo Code | None Needed - Click To Claim |
| 🇺🇸 Bonus Available in: | Bet $5, Get $150 Instantly in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WY (18+), or WV Bet $5, Get $150 If Your Bet Wins in DC, IA, KS, KY (18+), LA (select parishes), MD, MI, NJ, NY, TN, VA, or VT Void in ONT/OR/NH |
| 💲 Eligible bet types | Moneyline bets, Spread bets, Player props, Over/under bets, Same Game Parlays, Live bets, Traditional parlays |
| 💰 Minimum deposit: | $5 |
| 🗓️ Days to use bonus bets: | 7 days |
| ⭐ Promo Rating | 5/5 |
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).
21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS).
1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings.
What Is King Of The Court?
DraftKings users are eligible to receive profit boosts based on their status within the platform, ranging from a 25% boost with a $10 maximum to a 50% boost with a $500 maximum. Regardless of tier status, each boost serves as one entry into this promotion. A qualifying wager may be placed on any player prop, such as points, assists, or defensive statistics.
Should the player on whom you wager record the highest combined points, rebounds, and assists across all NBA games that evening, you will receive an equal share of $1 million in bonus bets.
King of the Court example:
If you bet on Luca Doncic to go over his points (scoring +assists + rebounds) total, and he ends that day as points scoring leader, you'll share a $1 million bonus bet pool with others who bet on him. Even losing bets like those who wagered on his rebounds going under would share the pool. For example, if 10,000 people bet on Doncic, each would receive $100 in bonus bets ($1,000,000/10,000).
Additional Things to know about the DraftKings Promo
- Validity: Bonus Bets expire 7 days (168 hours) after the reward is received in your account this is known as the "Play Through Period". Unused Bonus Bets after the period will be nullified.
- Wagering Requirement: Bonus Bets must be wagered once (1x).
- Returns: The original Bonus Bet amount is not considered in returns or winnings. Example: If a $20 bonus bet is placed at even odds and wins, only the $20 profit is credited to the customer's account.
- Eligibility: Must be a new user and 21+ years of age or older, unless otherwise stated.
DraftKings $200 Promotion Reviews
DraftKings, one of the pioneers of the U.S. online sports betting industry, still ranks among the top platforms available. Their Bet $5 Get $200 promotion aims to help new players get comfortable with betting. Unlike most offers, this one rewards you regardless of whether your bet wins or loses, creating a less pressured experience.
I believe this approach makes DraftKings more accessible for beginners, and I recommend the promotion. - Jake Williams Author at Sqore.com
Additional Player Quotes
I used to bet my parlays at the casino because I wanted to get paid as SOON as I win .,I was a bit skeptical about using draftkings at first because I previously used fan duel and witness all the horror stories about winning with bonus money.
I joined draftkings and made a $5!!! Deposit and received $200 in bonus bets in the form of (8) $25 tokens with my LAST bonus bet I hit a 6 leg parlay for $692.50 and instantly became leery as I used a $25 ber token...to my shock I was paid INSTANTLY - THE $25 bonus bet money...the withdrawal process is LIGHTNING fast.
Once you click on withdraw funds ,enter the amount you want to withdraw then select the method of deposit(fyi I made my initial deposit with my cash app card but had to link MY debit card in order to get paid) so be mindful that if you don't have a bank account in YOUR name that's registered on draftings you may hit an issue other than that this is the BEST sports betting app out there!!! Karl Tomlin - Trustpilot
They have the best promotion for New Accounts. Deposit $5, make a bet, and they give you $150 to bet more, regardless if your bet wins or not. You can't withdraw any of the $150 they give you, but any Money you win from bets with the $150 promotion you can.
I Deposited my last $7 and turned it into $400 with that promotion. As long as you have some up to date knowledge of sports and Athletes there is no reason you shouldn't be profiting!! Andrew Calvetti - Google Play
Sqore.com Sportsbook Promo Rating
This promo ticks every box in terms of customer value. You can bet a pre-game $5 Moneyline bet on any sport for as little and walk away with $200 in bonus bets in case your team wins. So let's look into why this promo is so good.
- Comparing the bonus to similar available bonuses
- There are a few bet-and-get offers from sportsbooks like Bet365, BetMGM and FanDuel, but none is as generous as the 40/1 odds boost that the DK promo gives.
- Actions needed to maximize bonus amount.
- It simply does not get any easier than this. You can make a $5 deposit, unique for DraftKings, and walk away with $200 in bonus bets.
- Looking at the Terms and Conditions
- The bonus bets are paid out as 8 x $25, and you must use your bonus bets within seven days (168 hours). So place a bet, get your bonus bets, and use those bonus bets within seven days. What's not to like?
The Verdict
This is an excellent bonus from start to finish. There is nothing more we could have asked for. The seven days to use your bonus bets should be enough, but you could have wished it was longer. However, the bonus amount of $200 is excellent, considering you only have to put $5 at risk to get a 40/1 return.
| ⭐ Sqore Promo Rating | 5/5 |
Complete Sign Up Steps For The $200 DraftKings Bonus
Unlock a $200 welcome bonus instantly with DraftKings when you make your first cash wager.
To get the DraftKings $200 promo, follow these steps:
Start by visiting the DraftKings website or downloading their app on to your mobile device.
Register a new account by creating a username. You’ll need to provide details such as your name, birth date, and address. These details will be used to verify your account.
Click on the cashier button to make a deposit a minimum of $5, some of the more popular choices include: Venmo, Debt Card, Apple Pay and more.
Place your first cash bet of $5 on any event or sport of your choice, this will activate the promo, no bonus code needed. Types of bets include: Moneyline bets, Spread bets, Player props, Over/under bets, Same Game Parlays, Live bets, Traditional parlays.
Regardless of the outcome, you'll receive $200 in bonus bets. These are credited to your account as eight $25 bet tokens approximately 72 hours after your first bet settles. Don't miss out on this opportunity to kickstart your sports betting journey with DraftKings Sportsbook.
DraftKings Promo Code FAQ
Do you need a promo code for DraftKings?
No, you do not need a promo code to take advantage of DraftKings' welcome offer. The bonus bets are automatically applied when you place your wager by tapping 'BET NOW.' To qualify, you must be at least 21 years old (18 in Wyoming and Washington, D.C.) and located in a state where DraftKings is legally available.
How long does it take to get the $200 from DraftKings?
The $200 bonus from DraftKings is typically credited to your account instantly once you fulfill the play-through requirements outlined in the offer's terms and conditions. However, should there be any technical issues, the bonus may take up to 72 hours to be reflected in your account. Ensure that your initial deposit and bet meet the criteria to qualify for this bonus promptly.
Does DraftKings really give you 200 dollars?
Yes, DraftKings does offer a $200 bonus to its new customers. This bonus is credited to your account irrespective of the outcome of your qualifying wager—win or lose. Importantly, the $200 in bonus bets is provided immediately upon meeting the necessary conditions. It's crucial to note that if your initial bet is successful, you'll also receive the full payout in addition to this bonus.
How quickly does DraftKings payout?
DraftKings typically processes withdrawals within five business days, though the exact timeline can vary based on the chosen withdrawal method. Among the various options, online banking tends to take the longest, with up to five days required to process a withdrawal. This ensures that users have a predictable timeframe for receiving their payouts, accommodating different methods to suit their convenience.
Is the DraftKings promo legit?
Yes, the DraftKings promo is legitimate. When you use bonus bets from the promo, any winnings are real and can be withdrawn. The initial deposit and wager required to activate the promo are genuine, and the site operates under strict regulatory standards to ensure fair play and secure transactions.
Where can I take advantage of this DraftKings bonus?
As of October 2024, DraftKings is legally available in the following states: Connecticut, Tennessee, Arizona, Indiana, New York, Vermont, Maine, Colorado, Illinois, Oregon, West Virginia, Massachusetts, Pennsylvania, New Hampshire, Michigan, North Carolina, Iowa, Virginia, New Jersey, Wyoming, and Louisiana. These states allow residents to access DraftKings' full range of sports betting and daily fantasy sports offerings, providing a robust platform for legal online gaming.
