DraftKings $1000 Bonus - How Does The Deposit Bonus Work?
Last updated October 24, 2024
The DraftKings $1000 deposit bonus for new users is a promotional offer where DraftKings matches 20% of the user's initial deposit, up to a maximum of $1000 in bonus credits. To receive the total $1000 bonus, new users must deposit $5000 into their DraftKings account when signing up for the promotion at the sportsbook.
This Draftkings sportsbook deposit bonus is a great way to maximize your bankroll, whether you're into sports betting, DFS, or Casino.
DraftKings Promo Code - $1000 Deposit Match
DraftKings is offering a promotional deal where they will match 20% of your initial deposit, up to a maximum of $1,000 in site credit. To be eligible for the full $1,000 bonus, you must deposit $5,000 into your DraftKings account at the time of signing up. This bonus is specifically for new customers who are physically located in certain regions. It is important to note that this offer is not available in Massachusetts, so residents there are unfortunately excluded from this promotion. Terms and conditions may apply depending on your location.
| 🎁 Bonus Promo Offer: | DraftKings will match 20% of your deposit amount up to $1,000 |
| 🇺🇸 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 Rating | 4/5 |
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. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).
Do you need a DraftKings Match Deposit Code to claim the deposit bonus?
You do not need a DraftKings promo code to claim the deposit bonus. Follow the registration process outlined by DraftKings, and upon making your initial deposit, the bonus will be automatically credited to your account. DraftKings makes it easy for users to access their promotional offers without needing a match deposit promo code, ensuring a seamless experience for new users.
How does DraftKings $1000 bonus work?
The DraftKings $1000 deposit bonus works by matching 20% of your initial deposit, up to a maximum of $1000 in bonus funds. To receive the full $1000 bonus, you would need to deposit $5000 into your DraftKings Sportsbook account. DraftKings releases $1 in bonus funds for every $25 played on any DraftKings product. This bonus provides users with additional funds to wager on various sports and betting options available on the DraftKings platform.
For instance, depositing $5,000 necessitates a cumulative betting amount of $25,000 to unlock the full $1000 bonus in DK Dollars. Participants are given a 90-day period from the time of their qualifying deposit to meet this playthrough requirement, ensuring they have ample time to maximize their bonus potential. This well-defined structure aims to reward consistent play and engagement across DraftKings’ platform, offering a clear path to earning bonus funds.
Let's look at some of the pros and cons of DraftKings Sportsbook First Deposit Bonus:
- Big Bonus Amount
- One of few Sportsbook Deposit Match Bonusea
- 90 days to clear bonus
- 20% Deposit Match is a bit low
- Quite tough play-through requirements
Step-by-step Guide on how to claim the DraftKings First Deposit Bonus
DraftKings offers a compelling deposit match bonus for new users, where 20% of your initial deposit is matched as site credit, up to a maximum of $1,000. To leverage this promotion fully and secure the maximum $1,000 bonus, a new user needs to deposit $5,000 upon signing up. Here's how it works:
Wager on sports, DFS, or casino and reach the playthrough (25x per DKonus dollar) requirements within 90 days.
This deposit match bonus is an excellent way for new DraftKings users to enhance their betting funds right from the start. It offers extra site credit for more betting opportunities across a wide range of sports.
Create a new account on DraftKings Sportsbook to become eligible for the bonus.
Upon your first deposit, DraftKings will match 20% of the amount as bonus credit.
To claim the full $1,000 match, your initial deposit should be $5,000. Deposits lower than this will receive a 20% match but will not reach the maximum bonus amount.
Wager on sports, DFS, or casino and reach the playthrough (25x per DKonus dollar) requirements within 90 days.
This deposit match bonus is an excellent way for new DraftKings users to enhance their betting funds right from the start. It offers extra site credit for more betting opportunities across a wide range of sports.
FAQ
How does DraftKings deposit bonus work?
The DraftKings deposit bonus gives new customers a bonus based on their first deposit, requiring them to wager a certain amount within a set time frame to unlock the bonus.
How do you redeem deposit bonus on DraftKings?
To redeem a deposit bonus on DraftKings, sign up, make a qualifying deposit, and meet the specified play-through requirements to release the bonus into your account.
On what sports and products can I use my DraftKings first Deposit Bonus?
On DraftKings, you can use your bonus on various sports betting markets, Daily Fantasy Sports (DFS) contests, and casino games.
Are there any resctrictions in odds to clear the first deposit bonus at DraftKings?
Yes, DraftKings imposes restrictions on odds for clearing the first deposit bonus. Sportsbook bets must meet the play-through requirements and have odds of -300 or longer.
Do you need a match deposit code to claim the bonus?
No, to activate the Draftkings $1000 bonus, you just need to click on the link on this page.
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