DraftKings $200 Promo Code: Bet $5, Get $200 Instantly

Last updated October 18, 2024

This season, don’t miss out on the chance to turn your game-watching into winning with DraftKings Sportsbook! Simply deposit and place a bet of $5 to unlock an impressive $200 in bonus bets, all without requiring a promo code. By clicking our link, you can claim your bonus and significantly improve your chances of success on the platform. Remember, these enticing offers are fleeting, so act swiftly to take advantage! Find out how now.

🎁 Bonus Promo Offer:Bet $5 Get $200 In Bonus Bets Instantly!
🇺🇸 Bonus Available in:AZ, CO, CT, IL, IN, IA, KS, KY, LA(select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY only. Void in ONT/OR/NH
💰 Minimum deposit:$5
🗓️ Days to use bonus bets:7 days
Promo Rating5/5
 
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. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/ftball. Ends 10/31/24 at 11:59 PM ET.

How To Get The DraftKings $200 Promo

DraftKings $200 Bonus

To get a  $200 Bonus on DraftKings, start by signing up as a new user. Click on our 'Claim Offer' link and make a minimum deposit of $5 into your account. Once you place your first wager of $5, you'll automatically qualify for $200 in bonus bets, regardless of whether your bet wins or loses DraftKings will credit your account with eight $25 bonus bet tokens ($200).  This is the perfect time with the World Series around the corner, NFL Week 7, College Football, NHL all in action. Plus the NBA starts in less then a week!

DraftKings Promo Terms & Conditions

  • Validity: Bonus Bets remain valid for a seven-day "Play Through Period".
  • Expiration: 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.
  • Usage: Applicable on all eligible DraftKings Sportsbook markets.

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 do I get my $250 from DraftKings?

To get your $250 from DraftKings, start by creating a new user account. After signing up, make a cash deposit of $5 or more. Then, download the DraftKings Sportsbook app from the App Store or Google Play Store. Place a bet of $5 or more on any game, and you’ll receive $250 in bonuses, along with access to NFL+ Premium. **Please note this offer has recently expired, check back for more details.

How do I claim my DraftKings bonus?

To claim your DraftKings bonus, start by placing an initial wager of at least $5 using funds from your cash balance. Once your wager is placed, the bonus will be credited to your account instantly. To view your available bonus bets, go to the 'Rewards' section and select 'My Rewards,' where you’ll find any current bonus bets listed under 'Available Rewards.

How does DraftKings promo work?

The DraftKings promo is designed to reward new users with bonus credits through an easy process. After signing up and making a minimum deposit of $5, you need to place a $5 bet on any sport. If your bet wins, you’ll receive $200 in site credit, distributed as eight $25 bonus bets. Keep in mind that this credit cannot be withdrawn and must be used within seven days.

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.

Get My $200 DraftKings Bonus Now!
Bonus Code: NONE NEEDED
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. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/ftball. Ends 10/31/24 at 11:59 PM ET.

Complete Sign Up Steps For The $200 DraftKings Bonus

Unlock a $200 welcome bonus instantly with DraftKings when you make your first cash wager.

Here's how to activate this offer:

1 Visit DraftKings

Start by visiting the DraftKings website or downloading their app.

Draft
2 Register:

Register a new account by creating a username and entering details like your name, birth date, and address. You’ll need to provide details such as your username, password, name, birth date, and address.

Draftkings
3 Make a Deposit:

Next, deposit at least $5 using any one of the following methods:

  • 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
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4 Place a Qualifying Bet:

Place your first cash bet of $5 on any event or sport of your choice, this will activate the promo, no bonus code needed.

draftkings
5 $200 Bonus:

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.

Get My DraftKings $200 Promo
Bonus Code: NONE NEEDED
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. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/ftball. Ends 10/31/24 at 11:59 PM ET.

Sqore.com Sportsbook Promo Rating

Sqore.com-draftkings-sportsbook-ratings

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. 

  1. Comparing the bonus to similar available bonuses
    1. 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.
  2. Actions needed to maximize bonus amount.
    1. 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.
  3. Looking at the Terms and Conditions
    1. 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 Rating5/5

About DraftKings Sportsbook

DraftKings Sportsbook is a name that you can trust when it comes to legal online sports betting. This brand started out as a Daily Fantasy Sports site in 2012. Since then, it has grown into a high-quality betting site that is great for both new and experienced bettors.

The US-based sportsbook has paid a lot of attention to its app. This is because the site is easy to use and has a lot of betting markets. When a player signs up for a DraftKings account, they will be able to bet on any number of games and leagues.

DraftKings Sportsbook has traditional markets, as well as parlay and same-game parlay options. This lets users combine more than one market into a single bet with better odds. These longer odds mean that if a bet wins, the winner could get more than if they had bet on each market separately.

It gives people who bet on sports a number of easy ways to deposit money, and withdrawals are quick and safe. The site goes into great detail about a huge number of sports events, and there are many ways to bet before and during games, as well as in the future.

DraftKings' main welcome offer has wagering requirements that are a bit higher than those of other sites. However, DraftKings makes up for this with a huge number of bonus bets, contests, and short-term promotions.

DraftKings Sportsbook FeaturesInformation
Mobile App AvailabilityYes (iOS and Android)
Sports Betting MarketsWide range, including NFL, NBA, MLB, soccer, golf, MMA, and more
Types of Bets OfferedMoneyline, point spread, over/under, prop bets, futures, parlays, and more
Live BettingYes, with in-play wagering
Loyalty ProgramYes, Dynasty rewards program
Refer-a-friend ProgramYes, the reward depends on the referral product
Payment MethodsCredit/debit cards, PayPal, ACH transfers, online bank transfers, and more
Customer SupportEmail, live chat, and FAQ section
Responsible GamblingOffers tools for setting limits and self-exclusion
SecuritySSL encryption and strong data protection measures

Disclaimer: 21+ AND PRESENT IN A LEGAL STATE. GAMBLING PROBLEM? CALL 1-800-GAMBLER

Jake
Jake Williams
Jake Williams is a sports gambling expert. He's been writing in the sports betting and DFS industry for over a decade. He specializes in MLB and NBA, along with College Basketball and College Football.