DraftKings Promo Code: Get $100 Bonus Bets for Kentucky Derby on Saturday

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 the big race: new users can bet $5 and receive $100 in bonus bets instantly.

As of May 2, this offer gives first-time bettors a compelling reason to sign up before Churchill Downs takes center stage.

Bet $5, Get $100 Instantly

Claimn $100

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

The DraftKings promo code offer requires no code at all -- it applies automatically when 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 or take a shot on a closer like Chief Wallabee or Emerging Market, your qualifying bet gets the process started.

Win or lose your first wager, DraftKings will issue four $25 bonus bets totaling $100. For example, if you place $5 on Commandment to win the Derby and he falls short in the stretch, you still receive your $100 in bonus bets. If Commandment pulls off the upset and your bet wins, you collect your winnings and still receive the bonus bets within 72 hours of your wager settling.

Here are the key terms and conditions to keep in mind:

• Minimum deposit and qualifying wager: $5
• Qualifying odds: -500 or longer
• Bonus: Four $25 bonus bets ($100 total), issued win or lose
• Bonus bets delivered within 72 hours of 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
• No DraftKings promo code required -- offer applies automatically

With Renegade, Further Ado, and a deep field of contenders all in play, the 2026 Kentucky Derby offers plenty of markets to place that qualifying wager. The unpredictable pace scenario and 20-horse field make this one of the most intriguing editions in years, giving new bettors a wide range of options to explore.

 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 $100 Bonus Bets Before the Kentucky Derby

Claiming this offer ahead of the 2026 Kentucky Derby is straightforward. Follow these steps to get started:

1. Register: Visit DraftKings and create a new account by entering your full name, address, phone number, date of birth, and other required personal information. Complete identity verification to finalize your account. Note that you cannot use DraftKings if you are on any self-exclusion lists for gambling.
2. Deposit Funds: Once your account is verified, select a deposit method and add a minimum of $5 to your new sportsbook account.
3. Place Your Qualifying Bet: Wager at least $5 on any sports market at odds of -500 or longer. Consider placing your bet on the 2026 Kentucky Derby, where contenders like Renegade, The Puma, and Emerging Market all offer compelling options across a variety of bet types.
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 in this process.

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

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