DraftKings Promo Code: Get $350 in Bonus Bets in September 2023

Registration with DraftKings is a cinch, and for new sports bettors, you can bet $5 to get $200 in bonus bets. An additional $150 in bonus bets are available when signing up with DraftKings Sportsbook to obtain one of the industry's best sportsbook promos.
DraftKings promo code terms and conditions
No DraftKings Sportsbook promo code is required to claim the "bet $5, get $200 + $150 in bonus bets" new customer welcome offer, but there are some important terms and conditions to remember:
This offer expires on Oct. 2, 2023, at 11:59 p.m. ET.
Make a minimum $5 deposit and $5 initial wager to unlock the bonus.
Your bonus comes as eight (8) $25 bonus bets.
DraftKings awards $200 in bonus bets regardless of the outcome of your qualifying wager.
An additional $150 is available when you wager a maximum of $50 on an NFL game day. If the bet loses, you'll receive a 'no sweat token' equal to the wager amount. The token is issued per eligible gameday, up to three per week.
Bonus bet amounts are not included in winnings derived from bonus bets.
Bonus bets are valid for seven days (168 hours).
Current DraftKings offers
We identify, claim, and test each of the best U.S. sportsbook bonuses to ensure they are reasonable and obtainable for users. Simply register a new account and make the initial qualifying deposit to access the welcome offers, as no DraftKings promo code is required.
Bet $5, get $200 + $150 in bonus bets
Only keep reading if you have never deposited on any DraftKings betting product.
If you’ve yet to place a bet with DraftKings Sportsbook, this simplified, beginner-friendly sign-up bonus checks the right boxes.
Get started by creating a DraftKings Sportsbook account. Next, confirm your identity and location. Lastly, make a qualifying deposit of at least $5 and place a $5 wager on any sports market. DraftKings will credit your account with $200 in bonus bets regardless of the outcome of your wager. That's in addition to any cash winnings earned from your original bet.
The second part of the DraftKings welcome offer provides a bonus bet (max. $50) equal to the amount wagered on an NFL game if it is unsuccessful. This can be used three times (on Thursday, Sunday, and Monday) for a total of $150 in bonus bets.
Covers tip: Since the bonus comes as eight (8) individual $25 bonus bets, you can line up multiple wagers within the seven-day promo window.
How to claim the DraftKings promo code
Taking advantage of the DraftKings sign-up offer is fast and easy, even for novice sports bettors who are just getting started. Here are step-by-step instructions:
Register
In most states with legalized betting, you’ll be able to download and register with DraftKings in a matter of minutes. Enter some personal information and confirm your identity, and you’ll be all set.
Deposit funds
New DraftKings customers must make an initial deposit of at least $5 following the account creation step.
Make a bet
Line up your $5 wager on any sports market. NFL fans can wager up to $50 in conjunction with the second component of the welcome offer.
Withdraw winnings
If you win or lose, DraftKings will award $200 in bonus bets in addition to your regular cash winnings. Up to an additional $150 in bonus bets is available for losing NFL wagers.
DraftKings in the news



Sportsbook bonus comparison
Welcome bonus | Bet $5, get $200 + $150 in bonus bets | $1,000 No Sweat First Bet | $1,000 First Bet on Caesars | $1,000 in bonus bets |
Promo code | Not required | Not required | COVERSBONUS1000 | COVERSBONUS |
Bonus type | Bet and get + second-chance bet | Second-chance bet | Second-chance bet | Second-chance bet |
Bonus form | $350 in total bonus bets | One (1) $1,000 bonus bet | One (1) $1,250 bonus bet | 1 (<$50) or 5 bonus bets |
Wagering period | 7 days | 14 days | 14 days | 7 days |
Min. deposit | $5 | $10 | $10 | $10 |
Covers BetSmart Bonus Rating | ⭐ 4.6/5 | ⭐ 4.9/5 | ⭐ 5/5 | ⭐ 4.8/5 |
List of sports you can bet on with DraftKings
The DraftKings sportsbook has got you covered with the most competitive betting lines for all major North American sports leagues, including:
But this is just the tip of the iceberg with DraftKings. From golf and lacrosse to snooker and darts, there's something for everyone at the DraftKings sportsbook.
With the NFL season around the corner, check out our list of the best sites for NFL live betting and NFL prop bets.
Additional DraftKings promotional offers
In addition to welcome bonuses offered exclusively to new users, DraftKings regularly provides registered sports bettors with a variety of loyalty rewards and daily bonuses. Sports bettors can also capitalize on league-specific promos.
DraftKings Promo | Description |
---|---|
Refer A Friend. Get up to a $100 bet. | Invite friends who have yet to register with DraftKings. Share in the spoils once they have deposited at least $25, and receive $25. The maximum can reach $100. |
Loyalty Program | The DraftKings Dynasty Rewards program is a tiered program with incremental rewards awarded and increasing in value the more 'crowns' — DraftKings' version of points — that you gather. Earn one crown for every $2 sports bet placed. |
Free to play NFL season-long Pick Em' Pool | Millions in bonus prizes are to be won from picking the point spread of NFL games. Contestants must make five selections a week. |
Daily odds boosts | Keep an eye on the DraftKings promotions page for daily odds boosts across numerous sports. |
DraftKings Casino promo
No DraftKings Casino promo code is required to claim DK's latest online casino welcome bonus. New users in Michigan, New Jersey, Pennsylvania, and West Virginia can grab up to a $2,000 deposit match after creating a new account and making a first-time deposit.
Minimum $5 deposit to activate offer ($2,000 to maximize the bonus)
Wager your deposit and bonus 15 times before withdrawing winnings
30 days to meet the 15x wagering requirement
DraftKings sportsbook review
Tagged with an impressive Covers BetSmart Rating of 4.6/5 in our most recent review, DraftKings offers a safe and secure environment for sports bettors of legal age in regulated U.S. states. In addition, DraftKings provides unrivaled customer service that is available around the clock via live chat, email, or with a quick and courteous callback.
DraftKings iOS app
DraftKings iOS rating
Apple customers who have downloaded the sportsbook's mobile betting app have deemed it worthy of a 4.8/5 rating.
DraftKings Android rating
Android users have given their version of the DraftKings sports betting app an average rating of 4.6/5.
User reviews
Here's what DraftKings users are saying about the sportsbook's mobile offering:
"great interface. payouts are literally lightning quick. great customer service. best sports book app."
- Google Play reviewer
"Have been using DK as a sportsbook/casino for exactly a year since they launched in my state. Overall I think they're one of the best books because their app has a very clean and intuitive UI and their customer service is unmatched."
- Reddit user
Learn more about what the operator has to offer via our unbiased DraftKings Sportsbook review or see how the sportsbook stacks up against the competition in our FanDuel vs DraftKings and bet365 vs DraftKings sportsbook comparisons.
DraftKings key features
The DraftKings sportsbook app is loaded with impressive features. Here are some noteworthy standouts:
Live betting
DK's Live In-Game section is neatly packaged and teeming with micro-betting opportunities.
Same-game parlays
Looking to sprinkle some action on an SGP? Use one of DraftKings' pre-built Quick SGPs or create your own parlay to follow your narrative.
Early cash out
Whether locking in winnings or mitigating losses, DraftKings gives you the opportunity to let it ride or take the money and run.
DraftKings odds pricing and betting limits
For all that the sportsbook does well, DraftKings' "league average" odds are a huge win for bettors. In a vacuum, you can certainly find better value by line shopping with multiple sportsbooks, but DraftKings' competitive lines round out a truly exceptional and complete sportsbook package.
DraftKings does limit bettors, but this shouldn't be a deterrent for most sportsbook users. However, maximum bet limits on odds boosts can be frustrating. View "Sport Specific Limits" in the "General Betting Rules" section for more information.
DraftKings customer support
DraftKings supplies its users with a responsive and knowledgeable customer service team. Representatives are on hand 24 hours a day, seven days a week, to respond to your big and small concerns.
Registered users can connect with a customer service representative by filling out an easy-to-use online form or talking directly via the 24/7 live chat feature. DraftKings can also be reached on all major social media platforms, and their dedicated staff welcomes your feedback and responds quickly to general inquiries.
- Live chat: 24/7
- Email: sportsbook@draftkings.com
- Phone: Leave a voicemail at 1 (855) 357-2377
- Support languages: English
- Twitter: @DK_Assist
DraftKings hits and misses
DraftKings excels in nearly every sportsbook category, but no platform is without its shortcomings. Here are DK's top hits and misses in 2023:
Hits
Misses
DraftKings payment methods
DraftKings supports several popular banking options, making it easy to top up your account and access your sportsbook winnings. PayPal, Play+, Visa, and Mastercard are among the most commonly used deposit and withdrawal options.
Method | Deposit | Withdrawal |
---|---|---|
PayPal | ||
Skrill | ||
Play+ | ||
eCheck | ||
Check | ||
Online banking | ||
Venmo | ||
Visa | ||
Mastercard | ||
Debit card | ||
Bank wire |
Is DraftKings legal?
Yes, DraftKings is legal. If you're physically located in one of the states listed below, then you can bet with DraftKings and claim the sportsbook's sign-up bonus.
Consult our dedicated DraftKings Kentucky promo codes hub for the latest pre-launch offers and news.
Additionally, new users in Oregon and New Hampshire can claim a $100 sign-up bonus from DraftKings.
DraftKings entered the Massachusetts online sports betting market on March 10, 2023, and you don't need a DraftKings Massachusetts promo code to claim any of its offers.
State | Sign-up bonus | Launch date |
---|---|---|
Bet $5, get $200 + $150 in bonus bets
|
September 2021 | |
Bet $5, get $200 + $150 in bonus bets | May 2020 | |
Bet $5, get $200 + $150 in bonus bets | October 2021 | |
Bet $5, get $200 + $150 in bonus bets | August 2020 | |
Bet $5, get $200 + $150 in bonus bets | October 2019 | |
Bet $5, get $200 + $150 in bonus bets | February 2020 | |
Bet $5, get $200 + $150 in bonus bets | September 2022 | |
$200 in bonus bets | September 2023 | |
Bet $5, get $200 + $150 in bonus bets | January 2022 | |
Maryland | Bet $5, get $200 + $150 in bonus bets | November 2022 |
Massachusetts | Bet $5, get $200 + $150 in bonus bets | March 2023 |
Bet $5, get $200 + $150 in bonus bets | January 2021 | |
Up to $100 bonus bet | December 2019 | |
Bet $5, get $200 + $150 in bonus bets | August 2018 | |
Bet $5, get $200 + $150 in bonus bets | January 2022 | |
Bet $5, get $200 + $150 in bonus bets | January 2023 | |
$100 No Sweat Bet
|
January 2022 | |
Bet $5, get $200 + $150 in bonus bets | November 2019 | |
Bet $5, get $200 + $150 in bonus bets | November 2020 | |
Bet $5, get $200 + $150 in bonus bets | January 2021 | |
Bet $5, get $200 + $150 in bonus bets | August 2019 | |
Bet $5, get $200 + $150 in bonus bets | September 2021 |
Keep tabs on all states with legal sports betting and find out where DraftKings will come online next.
Recent DraftKings updates
Stay tuned to stay abreast of new DraftKings features and legal markets. Here's the latest DK news:
Sept. 18, 2023: DraftKings adds a second-chance bet in addition to the existing offer for a total of $350 in bonus bets.
Sept. 7, 2023: DraftKings allows its new Kentucky sports betting customers to deposit funds before the state's online sports betting launch.
July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.
Aug. 21, 2023: DraftKings rolls out its welcome bonus for the NFL season, a 'Bet $5, Get $200' promotion.
July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.
June 27, 2023: DraftKings increased its sports betting market share this year at the expense of its competitors.
May 25, 2023: DraftKings releases version 4.16.1 of its iOS app.
March 10, 2023: DraftKings enters the newly-regulated MA market with its Massachusetts sports betting app.
Jan. 1, 2023: DraftKings launches its Ohio sports betting app.
Quick facts: DraftKings promo code
Sign-up bonus |
Bet $5, get $200 + $150 in bonus bets |
Minimum deposit | $5 |
Minimum wager | $5 |
Eligible bet types | All bet types ✅ |
Eligible states | 21 |
DraftKings mobile app | iOS & Android ✅ |
Last verified | Sep. 25, 2023 ✅ |
Offer expiry |
Oct. 2, 2023 |
More sportsbook sign-up bonuses
Identifying the right sportsbook bonus is an important step in your sports betting journey. Check out some of our favorite sign-up offers available in 2023.
DraftKings promo code FAQ
As a new customer, you can can place a wager of $5 or more on any sports market and receive $200 in bonus bets should your wager win or lose. Just create an account, deposit $5 or more, and place your bet before Oct. 2, 2023. An additional $150 in bonus bets are available for losing NFL wagers.
Good news: You don't need a promo code. Sports bettors of legal age in U.S. states where DraftKings operates and where sports betting is legal can rightfully get the latest promo. In addition to promos available to sports bettors across the country, DraftKings also regularly offers promos designed to meet the needs of sports bettors in specific regulated U.S. states.
DraftKings does not require its new users to input a promo code. Simply click this link to register with DraftKings and claim $350 in total bonus bets.
Founded and based in the USA, DraftKings Sportsbook is now licensed in 21 U.S. states, and that number is expected to grow as more jurisdictions move to permit legal sports betting.
Sports bettors registering at DraftKings for the first time can simply follow the instructions on the DraftKings promotion of your choice, and input the promo code in the required field when prompted. It is even easier for registered users, who can keep track of available promos simply by logging into their DraftKings account and clicking on “Promos”.
The DraftKings app for Android and iOS provides sports bettors with an easy and intuitive way to take advantage of promo codes, both for sports bettors signing up for the first time and longtime registered users.
DraftKings promo codes can be used by sports bettors registering for the first time. Registered users can also take advantage of regularly published promotions by logging into their account and clicking on “Promos”.

Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.