The DraftKings promo code is currently available in 25 states throughout the country and provides new users with a terrific welcome offer to score an instant bonus.
As the Spring months roll along, sports bettors have a myriad of options for placing wagers with the Playoffs coming into focus for the NBA and NHL. Daily MLB regular season games provide even more options for bettors throughout the country, and DraftKings Sportsbook has available markets for all the exciting action.
DraftKings Promo Code for New Players (May 2025)
| DraftKings Promo Code | Details |
| 💰 DraftKings Promo Code | Bet $5, Get $300 bonus if your bet wins |
| 💲 DraftKings Minimum Deposit | $5 |
| 🎲 DraftKings Promo Betting Requirement | $5+ First Bet |
| ➡️ DraftKings Sportsbook Platforms | iOS (Apple App Store), Android (Google Play), Web Browser |
| 📲 DraftKings App Name | DraftKings Sportsbook & Casino |
| 🇺🇸 DraftKings Sportsbook Available States | AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY |
DraftKings Sportsbook is one of the most popular betting platforms in the country, and the new user promo code is a big reason for that. Currently, first-time players on DraftKings Sportsbook can claim a welcome offer at sign-up to bet $5 and get $300 in bonus bets if the wager wins.
New users can place their $5+ first wager on any qualifying market to receive the reward. Then, the $300 bonus will be awarded should the wager hit, allowing new players to continue wagering on the DraftKings platform using bonus bets.
How to Get the DraftKings Promo Code
It's very easy for new users to get the DraftKings Sportsbook promo code, and they can claim the welcome offer by clicking the linked promo on this page. Follow the step-by-step process detailed below to score the DraftKings new user offer and get a fast track to the instant sportsbook bonus.
- Click the DraftKings Promo Code link on this page.
- Enter the required information to register for an account on DraftKings: full name, email, address, phone number, date of birth, and Social Security.
- Agree to the DraftKings Sportsbook terms and conditions and confirm your account.
- Make a $5+ initial deposit and first bet to satisfy the promo code requirements.
- Receive $300 in bonus bets following a win from DraftKings Sportsbook.
This welcome offer is available for new DraftKings users in over 20 states throughout the country, as DraftKings is one of the most popular betting platforms in the game.
Why Choose the DraftKings Promo Code
There are many reasons why the DraftKings welcome offer is one of the best ways for new users to get started with online betting. It's a bet-and-get style offer, and it's very low-risk, only requiring a simple $5+ first wager to activate the promo.
Bet-and-get offers have become increasingly popular with major sportsbook operators, as they are extremely user-friendly promos to get new players started. The DraftKings welcome offer is a true premium as far as bet-and-get promos go, as it currently has the most upside.
The DraftKings sign-up bonus is also instant, so there's no need for users to wait around for their qualifying bet to be settled. As soon as a new player registers for an account using the DraftKings Sportsbook promo code and places a $5+ winning first wager, they will receive $300 in bonus bets.
DraftKings Sportsbook Promos and Bonuses
In addition to the standard new user offer available at sign-up, DraftKings also provides bonuses and promo offers for existing users on the platform.
No Sweat Bets
DraftKings Sportsbook users can claim No Sweat Bet offers for major leagues like the NFL, NBA, MLB, NHL, and other popular sports. These offers allow users to place a wager (up to a specified amount), and if that wager loses, the user will get back a bonus bet.
These promos are typically sport-specific or even market-specific. For example, a No Sweat Bet offer for MLB Home Run markets or NBA Three-Pointer markets.
Profit Boosts
Profit Boost Tokens are regularly made available for DraftKings Sportsbook users, allowing them to increase their winnings on successful bets. Profit Boost offers on DraftKings are typically specific to a sport/league or market and can provide up to a 105% boost on winning bets.
To use a DraftKings Profit Boost, opt into the promo and then apply the boost in the betslip before locking in the wager. There is usually a minimum/maximum wager amount associated with DraftKings Profit Boost bonuses, so be sure to read the terms and conditions first.
Refer A Friend
Users on DraftKings can share the fun with a friend to get a bonus for both parties. In the promos tab of the DraftKings app, each user has a unique referral code that can be sent to a friend.
When that friend registers for an account using the referral code and places a qualifying wager, both parties will receive a sportsbook bonus.
DraftKings Sportsbook Available States
DraftKings is one of the most readily available sportsbook platforms in the country, currently live in either online or in a retail setting (or both) in over 20 states nationwide.
The list of available DraftKings Sportsbook states is as follows: Arizona, Colorado, Connecticut, Washington DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.
DraftKings is seemingly always in the mix when a new state launches sports betting, meaning this list should continue to expand as the legal sportsbook industry spreads across the country.
DraftKings Sportsbook Deposit Methods
There are a variety of deposit methods available for DraftKings Sportsbook users, allowing them to fund their accounts after registration. Currently, the list of accepted DraftKings payment methods is as follows:
- Credit/debit cards
- ACH bank transfer
- Wire transfer
- PayPal
- Venmo
- Apple Pay
- VIP preferred e-check
- Play+ prepaid card
- PayNearMe
- DraftKings gift card
DraftKings Sportsbook Withdrawal Methods
DraftKings users also have several withdrawal methods available to receive payouts. The current list of DraftKings Sportsbook withdrawal methods includes:
- Debit cards
- PayPal
- Venmo
- Apple Pay
- ACH bank transfer
How to Bet on DraftKings
Betting on DraftKings is very easy to do, and there are so many different ways to wager. Users can bet on popular markets with regularly seen bet types, in addition to niche markets and wagers for more intricate bettors.
Here are some of the bet types available on DraftKings:
- Moneyline: Bet on either team to win the game outright. Favored teams will have (-) odds, while underdog teams will have (+) odds.
- Point Spread: Bet on either team to cover the pre-game point spread. Favored teams will be giving (-) points, while underdog teams will be getting (+) points. A point spread bet that ends in a tie is considered a push, and the user is refunded.
- Over-Under Total: Bet on the two teams to combine to score over or under the pregame total number. Over-under bets that end in a tie are considered a push, and the user is refunded.
- Player Props: Bet on individual players to record specific stats within a game. Player prop bets do not take team win/loss into account, they are strictly individual player-based.
- Live Betting: Place a bet after a game has already started. Live betting odds update from moment to moment to reflect the status of the ongoing game and can provide serious points of value for bettors.
- Parlay: Combine multiple bets from different games onto the same ticket for multiplied odds. Each individual bet (leg) of the parlay must hit for the ticket to be cashed. If any of the individual legs are lost, the ticket is lost. If any of the individual legs end in a tie, they are considered a push and voided from the parlay ticket.
- Same Game Parlay: Combine multiple bets from the same game onto the same ticket for multiplied odds. Each individual bet (leg) of the parlay must hit for the ticket to be cashed. If any of the individual legs are lost, the ticket is lost. If any of the individual legs end in a tie, they are considered a push and voided from the parlay ticket.
- Futures: Bet on a future outcome to occur, like a team to win a championship, conference, division, or record a certain number of wins throughout the season.
DraftKings Dynasty Rewards
DraftKings users will earn rewards as they play, thanks to the Dynasty Rewards program. The DraftKings Dynasty Rewards Program is one of the most enticing aspects of the platform, and all new users are automatically enrolled when they create an account.
Users will then earn Crowns and Tier Credits any time they bet on DraftKings platforms like the Sportsbook, Daily Fantasy Sports, or Casino (including Golden Nugget Casino). DraftKings Crowns can then be redeemed in the Dynasty Rewards section to secure bonuses like DK Dollars (betting credits) or used in the Dynasty Store to purchase items like merch, gift cards, and others.
The Tier Credits are essentially the status of the user in the DraftKings Dynasty Program, and users will receive more as they progress through the ranks. Once the user has totalled enough credits, they will progress to the next tier and hold that ranking until the end of the next calendar year.
Here's the breakdown of DraftKings Dynasty Rewards Tiers:
| Tier Level | Tier Credits per Calendar Year |
| Bronze Tier | 0 - 4,999 Tier Credits in a calendar year |
| Silver Tier | 5,000 Tier Credits in a calendar year |
| Gold Tier | 25,000 Tier Credits in a calendar year |
| Diamond Tier | 90,000 Tier Credits in a calendar year |
| Onyx Tier | 175,000 Tier Credits in a calendar year + Invite Required |
DraftKings Sportsbook Promo Code FAQ
Some of the popular questions regarding the topic of the DraftKings Sportsbook promo code.
What is the DraftKings Promo Code?
The DraftKings Promo Code unlocks an offer for new users to bet $5 and get $300 in bonus bets with a win: It's critical to find a winning wager as the payout only occurs with a win. This is unlike the previous "instant bonus" mechanic that existed in the spring.
Where is DraftKings Sportsbook Available?
DraftKings Sportsbook is currently available in AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, and WY: New users located in these states can click the linked offer on this page to claim the DraftKings sign-up promo.
What is the Minimum Age for DraftKings Sportsbook?
In most states, the minimum betting age is 21 years old, however, there are some states (like Kentucky) that permit users of at least 18 years to legally bet on sports.
Does DraftKings have Promos for Existing Users?
Yes, existing users can claim a variety of promos on DraftKings Sportsbook, including Profit Boosts, No Sweat Bets, and more.
Does DraftKings Have a Loyalty Program?
Yes, DraftKings Sportsbook and Casino use the Dynasty Rewards Program: Any time users play on DraftKings platforms, they will earn points towards their Dynasty Rewards status.
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