DraftKings Promo Code: Get $100 Bonus Bets for the 2026 Kentucky Derby

The 2026 Kentucky Derby is shaping up to be one of the most wide-open Run for the Roses in recent memory, and there is no better time to get in on the action than right now. No DraftKings promo code is required to claim one of the best sportsbook promos available heading into Churchill Downs: new users can bet $5 and get $100 in bonus bets instantly.

As of Friday, May 1, this offer is live and ready to be claimed before the field of contenders hits the track.

Bet $5, Get $100 Instantly

Claimn $100

How the DraftKings Promo Code Unlocks $100 for the 2026 Kentucky Derby

The DraftKings promo code offer requires no code at all -- it applies automatically once you meet the qualifying requirements. To unlock the bonus, simply make a minimum $5 deposit and place a qualifying wager of at least $5 at odds of -500 or longer on any sports betting market, including the 2026 Kentucky Derby. Whether you back morning-line favorite Renegade to hold off closers like Commandment and Further Ado, or you take a shot on a mid-tier contender like Chief Wallabee or Emerging Market at longer odds, your qualifying bet is covered either way.

Win or lose that first wager, DraftKings will issue four $25 bonus bets totaling $100. For example, if you bet $5 on Renegade to win and he gets caught in traffic and finishes off the board, you still receive your $100 in bonus bets. If he wins and your ticket cashes, you collect your winnings and still receive the bonus. Here is a breakdown of the key terms and conditions:

• Minimum deposit: $5
• Minimum qualifying wager: $5 at odds of -500 or longer
• Bonus issued as four $25 bonus bets ($100 total)
• Bonus bets arrive within 72 hours of your qualifying wager settling
• Bonus bets expire seven days from issuance
• Stake is not included in any winnings derived from bonus bets
• Offer expires May 31, 2026, at 11:59 p.m. ET
• Users on self-exclusion lists are not eligible

With a deep and unpredictable 20-horse field, the 2026 Kentucky Derby is an ideal event to put your qualifying bet to work. Pace scenarios, post positions, and late-breaking track conditions all factor in, meaning value could emerge anywhere from the favorite to longshots in the 10-1 to 15-1 range.

Best DraftKings Kentucky Derby Odds

 All Users

Odds Available in FL, LA, MT, NH, NM, OH, OR, RI (+ more select states)

• Renegade — 5-1
• Commandment — 7-1
• Further Ado — 6-1
• The Puma — 6-1
• So Happy — 7-1
• Chief Wallabee — 14-1
• Emerging Market — 13-1
• Danon Bourbon — 13-1
• Litmus Test — 40-1
• Pavlovian — 50-1
• Intrepido — 58-1

Check out all DraftKings odds and profit boosts for today.

Must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/KY/WY).

How to Claim Your DraftKings Bonus Bets Before the Kentucky Derby

Getting started with DraftKings is straightforward. Follow these steps to claim your bonus bets ahead of the 2026 Kentucky Derby:

1. Register: Create a new DraftKings account by entering your full name, address, phone number, date of birth, and other required personal information. You must confirm your identity to complete registration. Note that users on any self-exclusion lists for gambling are not eligible to participate.
2. Deposit Funds: Once your account is verified, select from the available deposit methods and add a minimum of $5 to your new sportsbook account.
3. Place Your Qualifying Bet: Wager at least $5 on any sports betting market at odds of -500 or longer. Consider placing your bet on the 2026 Kentucky Derby, where contenders like Renegade, Commandment, and Further Ado offer a range of betting options across win, place, show, and exotic markets.
4. Receive Your Bonus Bets: Win or lose, four $25 bonus bets totaling $100 will be credited to your account within 72 hours of your wager settling. No DraftKings promo code is needed at any point during this process.

For a full breakdown of what DraftKings has to offer beyond this welcome promotion, check out the complete DraftKings Sportsbook review.

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