DraftKings Promo Code: Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!2025

DraftKings Promo Code	No Code Needed!
DraftKings Welcome Bonus	Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!
Minimum Deposit	$5
Terms and Conditions	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. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 3/30/25 at 11:59 PM ET. Sponsored by DK.
Last Verified	January 2025

DraftKings Sportsbook has rolled out an enticing offer for first-time users: Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!

This promotion is designed to attract new sports bettors by providing a substantial reward for a minimal initial bet. 

Interestingly enough, no promo code is required to claim this offer, simplifying the process for newcomers. 

This promotion is a significant draw for both seasoned bettors and newcomers. For a small initial investment, users can explore the platform and potentially win big without risking their own money. 

However, it’s essential to understand the terms and conditions associated with this offer to make the most of it.

DraftKings Promo Code Terms & Conditions

To take advantage of the DraftKings Sportsbook welcome bonus, users must meet certain conditions. You must be at least 21 years old and located in a state where DraftKings operates. The bonus bets are non-withdrawable and are valid for seven days from when they're credited. They also can’t be combined with other promotions.

It’s important to understand these terms to maximize your bonus. Always read the fine print to comply with all requirements and get the most out of your DraftKings experience.

DraftKings Promotions for Existing Users

In addition to the DraftKings Sportsbook promo code, the operator also offers various promotions specifically for existing users. 

Here are some exciting promotions to check out:

Profit Boost Tokens

Profit Boost Tokens improve your betting odds on specific bets. Available through the promotions page, these tokens let you apply a boosted price to your bets. To use a Profit Boost, opt-in and select the boost from your bet slip before finalizing the wager.

Each Profit Boost can only be used once per transaction and cannot be combined with other promotions. If you cash out a bet using a Profit Boost, the boost will not be reinstated for future use.

Boosts must be applied before their expiration date, shown on the bet slip. This feature adds excitement to your strategy, so that you can maximize returns on your wagers. 

No Sweat Tokens

Available for select events, these tokens allow users to place wagers without fear of losing their initial bet. With these tokens, you'll receive a bonus bet if your wager doesn’t win. 

To use a No Sweat Token, make sure you opt into the promotion before placing your bet.

If your qualifying bet loses, you'll receive a bonus bet equal to the original bet amount, up to a specified limit. Winnings from a successful No Sweat wager are credited to your cash balance per usual.

This promotion excludes certain bet types, such as those with odds boosts and bonus bets. No Sweat Tokens are an excellent way to limit risks while betting.

Early Win

The Early Win promotion at DraftKings allows bettors to receive a payout before the game concludes if their team has a significant lead. 

To participate, opt-in each time the promotion is available. Once opted-in, you'll receive a single-use Early Win token, found on your Rewards page.

For example with MLB, if your team leads by at least two runs at any point in the game, your bet is graded as a win immediately. The Early Win token must be applied to the bet slip before placing the wager.

This promotion adds an intriguing twist to traditional betting, letting you cash in on a win even if the game takes a different turn later on.

Deposit Reloads

Deposit reload bonuses provide an additional percentage on top of your deposit amount, increasing available funds for betting. Unlike initial signup bonuses, reload offers can be accessed multiple times, rewarding ongoing deposits rather than a one-time promotion.

DraftKings reload offers vary and typically include bonus bets. This feature rewards loyalty and active usage, making it a valuable addition for regular bettors.

Dynasty Rewards Loyalty Program

The Dynasty Rewards Loyalty Program gives users points, known as 'Crowns', for their betting activity, which can be exchanged for various rewards. 

Users can accumulate Crowns and Tier Credits through their wagering activity on DraftKings. Tier Credits can also be earned through gameplay at the Golden Nugget Online Casino, benefiting both accounts.

The program includes several tier levels: Bronze, Silver, Gold, Diamond, and Onyx, each requiring a specific number of Tier Credits. The highest tier, Onyx, requires 175,000 credits and an invitation.

This loyalty program effectively rewards consistent players and keeps them engaged with the platform.

Refer a Friend

The Refer a Friend program lets existing users earn bonuses by inviting new users to join DraftKings. 

Users can earn a $100 bonus by inviting friends to sign up, receiving $50 in sportsbook bonus bets and $50 in casino credits, depending on which state they reside in. For those not in a legal casino state, the referral bonus will only consist of bonus bets for the sportsbook.

To successfully refer a friend, the referred individual must sign up and make a deposit using the unique referral link provided. The referred friend must be a new customer and meet certain eligibility requirements to earn the bonus.

Users can refer multiple friends, with no limit on referrals, as long as each uses the unique link. This program benefits both parties, making it an attractive promotion for expanding the DraftKings community.

DraftKings King of the Court Promo

DraftKings Sportsbook now has a great NBA King of the Court promo for all bettors.

If you place a bet on an NBA player who ends up leading that day in P+R+A (points+rebounds+assists), then you will win a share of $1 million in bonus bets!

You must opt-in to receive 1 King of the Court Token on the Wednesday that it is being promoted. $5 is the minimum bet as well.

How to Register and Claim the DraftKings Promo Code

Registering for DraftKings Sportsbook is a simple and straightforward process. 

Visit the DraftKings website or download the app from the App Store or Google Play. Click on “Sign Up” and fill out the required information, including your name, email, and password. You’ll also need to provide your address and the last four digits of your Social Security number for verification.

Once your account is set up, place a $5 bet to claim the "Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!" offer. Read and understand the terms and conditions to maximize your rewards.

Where is DraftKings Sportsbook Legal?

DraftKings Sportsbook operates legally in 25 states and Washington D.C. for sports betting. 

These states include Arizona, Colorado, Connecticut, 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. 

This extensive coverage makes DraftKings highly accessible in the U.S. However, always check the specific regulations in your state, as legal requirements for sports betting can vary.

States where DraftKings operates offer residents a safe and regulated way to place bets. This legality provides a secure and legal sports betting platform which safeguards users’ money and personal information.

Wagering Options at DraftKings

DraftKings Sportsbook offers a wide range of wagering options. From traditional moneyline and point spread bets to intricate options like player props and Same Game Parlays, there’s something for every type of bettor.

Let’s explore these options in more detail.

Moneyline Betting

Moneyline betting is a simple form of wagering. You pick the winner of a game or event without worrying about the point spread. The odds determine your potential return, with favorites offering lower payouts and underdogs offering higher returns.

This straightforward approach makes moneyline betting popular among novice and experienced bettors alike.

Spread Betting

Spread betting involves betting on the margin of victory in a game. You can bet on the favorite to win by more than the spread or the underdog to lose by less than the spread or win outright. 

This type of betting can be strategically advantageous, especially for closely contested games.

DraftKings also offers alternate spreads, letting you adjust the spread to increase potential payouts based on risk.

Totals

Totals betting, also known as over/under betting, involves wagering on whether the total score of a game will exceed or fall below a specific number set by the sportsbook. This bet type can cover various statistics related to teams or players. 

Live betting on totals lets users place wagers during the game, with odds adjusting in real-time.

Player Props

Player prop bets focus on individual player performances rather than the overall game result. These bets let you wager on specific achievements. For example, a popular prop bet is whether a player will score over or under a certain number of points.

This type of betting allows you to focus on the performance of your favorite players.

Same Game Parlays

Same Game Parlays let bettors combine multiple wagers from a single game into one bet. This can include various outcomes, such as the game winner, total points scored, and individual player performances.

DraftKings offers a bet builder feature for convenience, making it easy to create and place Same Game Parlays.

Futures Betting

Futures betting involves wagering on events that will be decided in the future, such as league championships or tournament outcomes. 

These bets can include predictions on team performance, like division or league championships. Also, individual player accolades such as league MVP or Rookie of the Year.

The odds for futures bets are often updated during the season, reflecting changes in team or player performance.

Alternate Lines

Alternate lines allow bettors to adjust the standard point spread or total for a game in exchange for altered odds. This flexibility can help bettors hedge their other bets or increase potential payouts based on their risk tolerance.

Live Betting

Live betting, also referred to as “In-Play” betting, allows you to place wagers after an event has started. There's continuously changing odds based on the game’s progress. This dynamic form of betting allows you to react to the action in real-time.

DraftKings also offers Live Flash Props, so that bettors can engage with a game on a play-by-play or drive-by-drive basis.

What sports are available to bet on at DraftKings?

DraftKings Sportsbook offers a wide variety of sports to bet on.

There's popular sports like football, basketball, and baseball along with niche options such as darts and snooker. Overall, DraftKings provides an extensive range of betting markets. This variety means that there is something for every sports bettor, regardless of their preferences.

The platform also includes international sports and leagues, expanding the betting opportunities even further. Whether you’re a fan of the NFL, NBA, or international soccer leagues, DraftKings has you covered. 

This diverse selection makes DraftKings one of the best online sportsbooks for those looking to bet on a wide array of sports.

DraftKings Sportsbook Mobile App Review

The Draftkings mobile app is a smooth platform to use on the go. It's available on both iOS and Android devices. 

The interface makes it easy to navigate through various sports betting options and place wagers swiftly. Unique offerings such as Same Game ParlayX and the Dynasty Rewards program add to the app’s appeal.

Live betting is a key feature of the Draftkings sports betting app, allowing users to place wagers on games as they happen. 

The DraftKings app also supports instant withdrawals for most methods, so that you have quick access to your winnings. With competitive and up-to-date odds, the DraftKings Sportsbook app provides bettors with favorable prices.

DraftKings Sportsbook Desktop Website Review

The DraftKings desktop website features a clean and organized layout. Users can easily access various sports betting markets and live betting options, with real-time odds and market updates for ongoing events. 

Despite its strengths, the DraftKings desktop site lacks a search function, making it harder to find specific betting options. However, a positive is that the early cash-out feature allows users to settle bets before the completion of events. Yet, cash-out offers can be inconsistent in availability.

The online sportsbook is equipped with advanced security measures to protect user information. Overall, the DraftKings desktop website is a solid platform for online sports betting.  

DraftKings Sportsbook Strengths & Weaknesses

DraftKings has several strengths and weaknesses that are worth noting. Let’s delve into these aspects in more detail to provide a balanced view of the online sportsbook. 

Strengths of DraftKings Sportsbook

DraftKings has established a strong reputation in the sports betting industry. 

The platform’s software makes betting straightforward for users. Generous welcome bonuses are another highlight. Additionally, the sportsbook features a loyalty program that allows users to earn rewards from their betting activity.

Being one of the pioneers of legal online sportsbooks in the U.S., DraftKings has extensive betting options. This combination of strengths makes DraftKings a viable contender in the sports betting realm.

Weaknesses of DraftKings Sportsbook

Despite its many strengths, DraftKings faces some challenges. Customer support options on occasion have long wait times. Users have also reported slower withdrawal times compared to some other sportsbooks. 

Connectivity issues with the mobile app are another common complaint. 

DraftKings Payment Options

DraftKings offers a variety of secure methods for both deposits and withdrawals, catering to user preferences for flexibility.

Let’s explore these options in more detail.

Deposit Options at DraftKings Sportsbook

The minimum deposit amount required to fund a DraftKings account is $5, making it accessible for new users. Instant deposit options include debit cards, credit cards, PayPal, Venmo, and Apple Pay. These methods provide quick and convenient ways to fund your account.

DraftKings also accepts deposits via bank wire transfer, though this may take longer to process. It’s important to note that deposits must be made from personal accounts registered in the user’s name.

Setting personal deposit limits on a daily, weekly, or monthly basis on your DraftKings Sportsbook account is encouraged to promote responsible gambling.

Withdrawal Options at DraftKings Sportsbook

Withdrawal methods at DraftKings include options like PayPal, bank wire transfer, and checks, though availability may vary by jurisdiction. 

Payout speeds can differ significantly, with some methods allowing funds to be received within minutes, while others might take several days. Withdrawals must be processed back to the original payment method used for deposits.

Certain withdrawal methods may not be available based on jurisdictional regulations. These options provide flexibility but you should still take careful consideration of processing times and potential restrictions.

Customer Support at DraftKings Sportsbook

DraftKings offers a callback service for U.S. customers, accessible through the chatbot when logged into their account. 

Callback requests are prioritized based on the severity of the issue and the order in the queue. If a callback is not the best option, a Player Advocate may contact you via email instead.

Additionally, there's also DraftKings customer support available on X (formerly Twitter). 

Responsible Gambling at DraftKings Sportsbook

DraftKings is committed to promoting responsible gambling and offers various tools and resources to support this initiative. Users can set personal deposit limits on a daily, weekly, or monthly basis to manage their betting activity. Self-exclusion options are also available for those who need a break from betting.

Additionally, DraftKings provides educational resources on responsible gambling, helping users recognize and address potential gambling issues. 

Frequently Asked Questions on the DraftKings Promo Code

Here's some of the most frequently asked questions about DraftKings Sportsbook and its promo code:

What is the current DraftKings promo code offer for 2025?

The current DraftKings Sportsbook promo code offer is Play $5 Get 200 Casino Spins on a Featured Game + Earn up to $1000 in Casino Credits! No promo code is needed. 

How do I register and claim the DraftKings promo code?

To register and claim the DraftKings promo code, use any of the links on this page to Bet $5, Get $200 Instantly + a $50 Bonus Bet on First Deposit!

What sports can I bet on at DraftKings?

You can bet on a wide range of sports at DraftKings, including football, basketball, baseball, hockey, soccer, MMA, tennis and even darts. 

What are the deposit options at DraftKings?

You can deposit at DraftKings using options like debit cards, credit cards, PayPal, Venmo, and Apple Pay.

How does the Dynasty Rewards Loyalty Program work?

The Dynasty Rewards Loyalty Program allows you to earn points, known as Crowns and Tier Credits, based on your betting activity. You can then exchange them for a range of exciting rewards.