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 Summer months come into focus, sports bettors have a myriad of options for placing wagers with the MLB regular season heating up. UFC cards, international soccer matches as well as leagues like MLS, provide even more possibilities for bettors throughout the country, and DraftKings Sportsbook has available markets for all the exciting action.
DraftKings Promo Code for New Players (July 2025)
| DraftKings Promo Code | Details |
| 💰 DraftKings Promo Code | Bet $5, Get $150 in bonus bets (instantly) |
| 💲 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 Promo Last Verified | July 2025 |
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 $150 in bonus bets instantly.
New users can place their $5+ first wager on any qualifying market to receive the reward. The $150 bonus will be awarded instantly, so users don't need to wait for their qualifying wager to be settled. With the $150 bonus awarded right out of the gate, new players can continue wagering on the DraftKings platform using bonus bets.
How to Get the DraftKings Promo Code
DraftKings Sportsbook
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 $150 in bonus bets instantly to use on 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.
Place Your First $5 Bet on DraftKings
The user-friendly nature of the welcome offer cannot be emphasized enough when examining the ins and outs of the DraftKings Sportsbook promo code. New users do not need to win their first bet to claim the $150 bonus.
To ensure that new users on DraftKings secure the bonus bets from the sign-up offer, they are simply required to place a $5 minimum first bet. As soon as the first bet ($5 minimum) has been placed, new users will instantly receive the $150 bonus, even if their qualifying wager ends up losing.
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's a fully guaranteed offer, and pays out the $150 in bonus bets instantly.
As soon as a new player registers for an account using the DraftKings Sportsbook promo code and places a $5+ first wager, they will receive $150 in bonus bets.
DraftKings Promo Code User Review
The DraftKings Sportsbook app has received hundreds of thousands of favorable reviews, and the new user promo code is a big reason for the positive feedback from sports bettors. While some sportsbook platforms require a large initial deposit and first bet to maximize the value of the new user promo, the DraftKings offer is very low-commitment.
With the DraftKings Sportsbook promo code, the minimum deposit amount is the same as the minimum wager amount, just $5. That means a simple $5 entry fee to DraftKings Sportsbook can bring back $150 in bonus bets instantly.
It doesn't get much more user-friendly, and that can certainly be reflected by the 4.8/5-star rating, with over 840,000 reviews for the DraftKings Sportsbook app on Apple. On Google Play, the DraftKings app has a 4.3/5-star rating with over 171,000 reviews.
Google Play
The DraftKings bonus code is simply one of the best ways for new users to get started with online sports betting, and the DraftKings mobile app makes the entire promo code process extremely simple.
How the DraftKings Promo Code Stacks Up vs. Competitors
| Sportsbook | Promo Code Offer | Promo Betting Requirement | Max Bonus Value |
| DraftKings | Bet $5, Get $150 in Bonus Bets (instantly) | $5+ First Bet | $150 |
| FanDuel | Bet $5, Win $150 in Bonus Bets | $5+ First Bet Win | $150 |
| bet365 | $150 in Bonus Bets or $1,000 First Be Safety Net | $5+ First Bet | $1,000 |
| BetMGM | $150 in Bonus Bets or $1,500 First Bet Offer | $5+ First Bet | $1,500 |
| Caesars | Bet $1, Get Ten (10) 100% Profit Boosts | $1+ First Bet | $250 |
When stacking up the DraftKings promo code vs. competitor offers, it's easy to see why so many sports bettors opt to sign-up on the DK platform.
FanDuel provides a similar bet-and-get offer in which the user is required to win their first $5+ wager, but the FanDuel promo caps out at $150 in bonus bets.
Both bet365 and BetMGM Sportsbook offer a higher total bonus value ($1,000 and $1,500), but the user would need to bet (and lose) the maximum promo amount to unlock those bonus bets. The first bet offers from bet365 and BetMGM operate more as an insurance policy.
The Caesars Sportsbook promo code can bring back up to $250 in bonus bets, but that would require the user to win each of their ten [profit-boosted] bets.
DraftKings Sportsbook offers the best combination of low-risk and high reward with just a $5+ first wager bringing back $150 in bonus bets instantly.
DraftKings Promo Code Terms and Conditions
Just like any sportsbook promo code offer, the welcome bonus from DraftKings carries terms and conditions that are important for users to understand.
DraftKings Promo Eligibility Requirements
- New Users Only: The DraftKings Sportsbook promo is only available for new DraftKings Sportsbook customers who have never created an account before.
- Legal Betting Age: All DraftKings users must be 21+ years of age or older, or 18+ in specific states like Washington D.C., Kentucky, and Wyoming.
- Location: DraftKings Sportsbook users must be physically located in one of the eligible states where DraftKings is available.
- Restrictions: Users who are ineligible to wager on DraftKings due to self-exclusion, employment restrictions, or if the user has previously claimed a pre-launch offer are not eligible.
Claiming the DraftKings Sportsbook Promo
- Deposit: Users must make an initial deposit ($5 minimum) to qualify for the bonus bets.
- Qualifying Wager: DraftKings Sportsbook users must place a qualifying bet of at least $5 (-500 minimum odds) to trigger the $150 bonus bets reward.
Using Bonus Bets from the DraftKings Promo Code
- Bonus Bets Payout: The bonus bets from the DraftKings promo code are paid as six (6) tokens of $25 and are awarded within 72 hours of the qualifying bet settling.
- Playthrough Requirements: Bonus bets from the DraftKings promo must be wagered once (1x) before they are eligible to be withdrawn. The bonus bets are not included in any cash winnings, nor are they transferable or refundable.
- Expiration: DraftKings Sportsbook promo code bonus bets expire seven (7) days after issuance.
DraftKings Sportsbook Promos and Bonuses
DraftKings Sportsbook
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 an increased payout 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 Sportsbook
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
DraftKings Sportsbook
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 anytime 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 $150 in bonus bets instantly: This is a fully guaranteed bet-and-get offer, meaning the $150 in bonus bets will be paid out whether the user wins or loses their qualifying wager.
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.