DraftKings $200 Promo Code - Bet $5 Get $200 + $150 in No Sweat Bets

September 27, 2023

At DraftKings Sportsbook, bettors can boost their odds on any first bet wager. Place a $5 bet on any team, and DraftKings Sportsbook will add $200 in bonus bets and any cash payouts you earn.

🎁 Bonus Promo Offer:Bet $5 Get $200 + $150 in No Sweat Bets
🇺🇸 Available in:AZ, CO, IL, IN, IA, KS, KY*, LA, MD, MI, MA, NJ, NY, OH, PA, TN, VA, WV, WY
💰 Minimum deposit:$5
🗓️ Days to use bonus bets:7 days
Promo Rating5/5

+21. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/KY/LA/MI/MD/NJ/OH/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/KS), 888-789-7777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or 1-888-532-3500 (VA).

*Pre-registration offer

What is the best current DraftKings promo?


The best promo you can now claim at DraftKings is the Bet $5 Get $200 Promo + up to $150 in no Sweat Bets. 

The promo is available in more than 20 states across the United States, which makes it accessible in pretty much every single state where online sports betting is regulated. 

This is a new DraftKings sportsbook customer-only bonus and claiming this bonus should be a no-brainer. With only a $5 bet, you instantly trigger a $200 bonus worth of Bonus bets. In addition, you can get up to $150 in no-sweat bets. Use DraftKings promo code SQORE to trigger the Bet $5 Get $200 promo.

Get My Bonus at DraftKings
Bonus Code: SQORE
Gambling Problem? Call or TEXT 1-800-Gambler 21+

How to get the DraftKings Free $200?

To claim the DraftKings Free $200 offer, begin by registering a new account on the DraftKings Sportsbook platform. Ensure you verify both your identity and geographical location. Then, initiate a minimum deposit of $5 and stake a $5 bet on any available sports event. Irrespective of your bet's result, DraftKings will promptly add $200 in bonus bets to your account.

Steps by Step Guide On How To Claim the Bet $5 Get $200 DraftKings Promo

A step-by-step Guide to Claim Bet $5 Win $200 DraftKings Promo

It's hard to beat DraftKings 40/1 on NFL, College Football, Basketball, UFC, NBA, or any other sports available at DraftKings Games at the moment because it's so direct. To take advantage of this limited-time offer, follow the steps outlined below.

1 Get the DraftKings app and sign up for a new profile

Sign up for a DraftKings account today by clicking any DraftKings link on this page. Complete the registration form and use promo code SQORE.

2 Make a deposit

To get started, you'll need to deposit at least $5. DraftKings offers a wide range of payment methods such as PayPal, Visa, MasterCard, American Express, and online bank transfer. 

3 Make a wager of $5 and get $200 in bonus bets

Place your $5 wager on any NFL, NBA, NHL or CFB game of your choosing.

Get My DraftKings $200 Promo
Bonus Code: SQORE
Gambling Problem? Call or TEXT 1-800-Gambler 21+

What is the $200 bonus on DraftKings?

DraftKings offers a tantalizing $200 bonus for newcomers. By simply placing your initial wager, DraftKings magnifies that bet by 40-1 as a bonus, capping at a maximum of $200. For example, a first-time wager of $20 unlocks the full $200 bonus. Notably, as of 2023, securing this generous bonus is straightforward, as there's no need for any promotional code if you click on any link on this page, However using DraftKings promo code SQORE will also qualify you for this welcome bonus.

Sqore.com Promo Rating

Sqore.com Logo

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 BetMGM and FanDuel, but none is as generous as the 40/1 odds boost that the DK promo gives. Bet365 has their Bet $1 and Get $200, but it's only available in Colorado and New Jersey, while the DraftKings promo is accessible in over 15 states.
  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



Is there a Draftkings $200 promo code?

Yes, to trigger the Bet $5 Win $200 bonus, you need to use Draftkings promo code SQORE

Is Wagering on DraftKings legal?

Yes, it is legal in all of the states where DraftKings does business, which is currently Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, New Jersey, New York, Michigan, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

If your state is not on this list, it is likely that sports betting is not yet legal there. Other states will be added soon, though.

To get and use the app, you don't have to live in any of the states listed. No matter where you live, you can legally bet if you are in one of the legal states.

To bet, you have to be in a state where it is legal, but you can get your money from anywhere.

What are the minimum and maximum bets and deposits on DraftKings?

DraftKings has bet minimums as low as $1, so players of all budgets can participate. Only $5 is needed to make a deposit.

On what devices can I access DraftKings?

You can use DraftKings on your PC, in a web browser, or by downloading the app on your phone, tablet, or other device. The DraftKings sports betting app is also available on both iOS and Android.

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 does 200 in free bets work DraftKings?

To secure DraftKings' $200 free bets offer better known as bonus bets, follow these steps: First, navigate through a promotional link to DraftKings. Once there, set up your new account and deposit a minimum of $5. Your initial wager should be $5 or more on any pre-game moneyline. Successfully predicting that first bet yields eight separate $25 Bonus Bets, accumulating to the promised $200. This ensures newcomers get a boosted start on DraftKings.

What happens if you win a bonus bet?

When you place a free bet, also known as a bonus bet, you're essentially betting without using your money. If your bonus bet proves victorious, you won't get the original bonus bet amount returned to you. Instead, your winnings will exclusively be the profit made from the bet. For instance, a $10 bonus bet that wins at odds of 2:1 will grant you $20, excluding the initial bonus bet stake.

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.