DraftKings $1000 Deposit Match Bonus - New User Welcome Offer

Last updated March 22, 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 site credit. To receive the full $1000 bonus, new users need to deposit $5000 into their DraftKings account when signing up for the promotion at the sportsbook. This bonus provides new users with extra funds to explore the various betting options available on the DraftKings platform. This Draftkings sportsbook deposit bonus is a great way to maximize your bankroll, whether you're into sports betting, DFS or Casino.

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$1000 DEPOSIT BONUS

Promo Code:
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DraftKings Promo Code - $1000 Deposit Match

Draftkings $1000 Bonus

The $1000 match on DraftKings is a promotional offer where DraftKings matches 20% of your initial deposit, with a maximum site credit of $1000. To qualify for the full $1000 match, you would need to deposit $5000 into your DraftKings account upon signing up for the promotion at the sportsbook. The DraftKings $1,000 Deposit Bonus is a special offer tailored for new customers who are physically located in select regions including AZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY. It is important to note that this offer is not available in MA.

The bonus structure is designed to reward new customers with up to $1,000 in DK Dollars. A minimum deposit of $5 is required to qualify for the bonus. The bonus amount is 20% of the initial deposit, with the maximum bonus capped at $1,000, which can be achieved with a deposit of $5,000.

To earn DK Dollars, customers must meet play-through requirements. For every $25 wagered on any combination of paid DFS contests, Sportsbook bets with -300 odds or longer, and casino products, $1 in DK Dollars is released into the customer's account.

The timeframe to clear the bonus is 90 days.

🏅 SportsbookDraftKings Sportsbook
🎁 Bonus Promo Offer:20% up to $1000 Bonus on your First Deposit
🇺🇸 Available in:AZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MD/ME/MI/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY only. Void in MA
💰 Minimum deposit:$5
🗓️ Days to clear bonus:90 days
Promo Rating4/5

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Do you need a DraftKings promo code to claim the deposit bonus?

No, you do not need a DraftKings promo code to claim the deposit bonus. Simply 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 the need for promo codes, 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 the pros and cons of DraftKings Sportsbook First Deposit Bonus:

Pros
  • Big Bonus Amount
  • One of few Sportsbook Deposit Match Bonusea
  • 90 days to clear bonus
Cons
  • 20% Deposit Match is low
  • Quite tough play-through requirements
Claim My DraftKings Bonus
Bonus Code: CLICK HERE
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Understanding DraftKings' $1,000 Deposit Match Offer:

Step-by-step Guide on how ot 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:

1 Sign Up:

Create a new account on DraftKings Sportsbook to become eligible for the bonus.

Draftkings
2 Make a Deposit:

Upon your first deposit, DraftKings will match 20% of the amount as bonus credit.

3 Maximizing the Bonus:

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.

4 Start to wager

Wager on sports, DFS, or casino and reach the playthrough (25x per bDKonus 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, offering 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.

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Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.