US
Bet $5, Get $150
New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly.
Legal In
Verified On
July 15, 2025
-
1Register with DraftKings
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2Wager $5 or more
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3Get $150 in bonus bets instantly
DraftKings Promo Code: Get $150 in Bonus Bets + $1K Deposit Offer in July 2025
Fact Checked
Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.
United States
DraftKings promo code welcome offers
|
Sportsbook🏆 |
Welcome bonus💰 |
Promo code✅ |
|---|---|---|
|
⭐ DraftKings |
Bet $5, Get $150 | No code required |
|
⭐ DraftKings Casino |
500 Spins + Up to $1,000 Back in Casino Credits | No code required |
|
⭐ DraftKings DFS |
Play for a Share of $1M in Prizes | No code required |
|
⭐ DraftKings Pick6 |
Play Free for Thousands or More | No code required |
Understanding your DraftKings bonus bets
First thing’s first: What are DraftKings bonus bets? Simply put, bonus bets are a form of site credit betting sites often award their users upon registration or via regular promotions. Sometimes, you may have to take extra steps to acquire them, such as make a first deposit or place a wager of a certain amount.
How to get your DraftKings bonus bets
While you don't have to worry about the hassle of plugging in a DraftKings promo code, it still takes a few steps to receive your bonus bets:
- After registering, make a first deposit of $5 or more.
- Place your initial wager of at least $5 on any market with odds of -500 or greater.
- For example, you could bet $5 at any Wimbledon market with odds of -500 or longer.
- If your wager wins or loses, you will receive $150 in bonus bets.
- Once your wager settles, you should get the bonus bets instantly.
- The bonus will not come in one $150 amount. Instead, it will be broken up into 6 $25 bets.
Key elements of DraftKings bonus bets
- Odds and market limitations: There are no odds restrictions attached to the DraftKings bonus bets, nor are there any limits on which markets you can use them.
- Expiry date: You will only have seven days to use the DraftKings bonus.
- Unable to combine: DraftKings does not permit you to combine your bonus bets with other wagers.
- Non-withdrawable: Bonus bets are not considered real cash by DraftKings and, therefore, cannot be withdrawn from your account.
- No stake in return: When you place a wager with a bonus bet and win, the stake is not included as part of the return. However, if you place a bet with real money, your stake will be included.
How to use DraftKings promo codes strategically
Unlocking sportsbook promos on the platform is simple, as you don't need to hunt for a DraftKings promo code. Maximizing their value, however, may not feel as straightforward.
Don't worry — through rigorous testing, we've pinpointed the best ways to get the most out of your DraftKings bonuses, regardless of your betting experience.
DraftKings welcome bonus for beginners
Bet $5, Get $150
New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly. DraftKings' active ‘Bet $5, Get $150’ welcome bonus is one of the most newbie-friendly rewards on the market. Here are the top methods for optimizing it:
Get your feet wet
DraftKings' $150 bonus comes in 6 $25 portions, allowing you to get a feel for the sportsbook's robust betting menu. Take your time, explore, and pick out a variety of bets — this is a quick way to garner some vital early experience.
Know your odds
Before placing any wager, ensure you understand the basics. Favorites are designated with a minus (-) sign, while underdogs are marked by a plus (+) sign. If you put a successful $25 bet on the New York Yankees to win the AL East at odds of -295, for example, you would earn $8.47.
Choose low-risk markets
Whether you prefer betting on the NBA, NFL, or something else entirely, identifying low-risk markets is a good way to increase the likelihood of early success and build confidence. For example, backing the favored Los Angeles to win the NL West while they lead the division is a relatively safe play.
Avoid influencer bets
Sportsbooks often partner with influential figures, who then create personal bets for users to tail. For example, DraftKings has linked up with LeBron James, promoting his NFL wagers throughout the football season. Influencer bets have a low success rate, so it's best to follow true experts or stick with your own methods.
Covers tip
Looking for wager suggestions but trying to avoid sportsbook-provided options? Check out Covers' best bets today, carefully curated by our industry experts.DraftKings welcome bonus for bankroll builders
$1,000 Deposit Bonus
First-time bettors with DraftKings can also claim the online sportsbook's 20% deposit match of up to $1,000. However, this promotion is far more complex than its 'Bet and Win' counterpart, and we highly recommend proceeding with caution. Here are a few tips:
Understand the cost
If you're set on acquiring the $1,000 DraftKings deposit bonus, it's important to know what that means for your wallet. To unlock the full reward, you'll need to add $5,000 in real money to your account balance.
Have patience
DraftKings will release the $1,000 bonus in $1 increments each time you wager $25 on a market with -300 odds or longer, meaning you must wager $25,000 total. Taking a slow and steady approach is key.
Re-invest wins
Should you spend the time and cash to unlock the deposit match offer, you'll want to utilize it as smartly as possible. For each win you earn with the bonus, re-invest those funds into future bets to steadily increase your bankroll.
Target promos
DraftKings offers a plethora of NBA betting promos, NHL betting promos, and more. Identifying which ones are likely to be easy wins is a great way to give your bonus wagers an extra boost.
Covers Expert Analysis"While the $1,000 deposit bonus presents a lucrative upside, be wary of the steep terms attached. I struggled to track all my bets I was required to make to meet the wagering requirements and unlock the full bonus."
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DraftKings promo code for existing customers
In addition to its sign-up bonuses, DraftKings Sportsbook regularly provides registered sports bettors with a variety of loyalty rewards and daily bonuses. None of these require DraftKings promo codes to secure, and they help keep your bankroll growing efficiently.
| Type of DraftKings promo | Description of DraftKings promo |
|---|---|
| ⚾ MLB HR Derby Profit Boost |
Claim a profit boost to use on an MLB Home Run Derby wager with minimum -250 odds. |
| ⚾ DraftKings King of the Diamond |
Win a share of $1 million in bonuses by choosing between two-to-five MLB players to include in any type of pre-game home run parlay. If one of your selected players hits one or more home runs on the highest scoring MLB team that day, you'll win of share of $1 million in bonus bets. |
| ⚽ MLS Season Pass Bet and Get |
Make a $5 wager on any Major League Soccer market and get an MLS Season Pass subscription for free. |
| ⚡ All Sports Stepped Up Boost | Earn up to a 105% profit boost to use on various NBA, NCAAB, and NHL wagers during the season. Browse the "Promotions" tab to check availability. |
| 👥 DraftKings Refer A Friend | Invite friends who have yet to register with DraftKings to get a sportsbook referral bonus. Share in the spoils once they have deposited at least $25, and receive $25. The maximum DraftKings refer a friend bonus can reach $100. |
DraftKings promo code summary for this week
| 💰 Sign-up bonus | Bet $5, Get $150 |
| ➕ Additional bonus | $1,000 deposit bonus |
| 💵 Minimum deposit | $5 |
| 💵 Minimum wager | $5 (at -500 odds or greater) |
| 💲 Eligible bet types | All bet types |
| 🌎 Eligible states | AZ, CO, CT, DC (18+), IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT WY (18+), WV |
| 📱 DraftKings mobile app | iOS & Android ✅ |
| 🕒 Offer expiry | Aug. 3, 2025 |
| ✅ Last verified | July 15, 2025 ✅ |
DraftKings promo comparison
 |
 |
 |
 |
|
|---|---|---|---|---|
| Welcome bonus | Bet $5, Get $150 | $2,500 No Sweat Bet | Bet $1, Double Winnings on Your Next 10 Bets | $1,500 First Bet Offer |
| Promo code | Not required | Not required | COVERSBONUSDYW | CVRBONUS1500 |
| Bonus type | Bet and get | Bet and get | First bet offer | Deposit bonus + Second chance bet |
| Bonus form | Six (6) $25 bonus bets | $150 in bonus bets | 10x 100% profit boosts, each worth up to $2,500 | One (< $50) or five (> $50) bonus bets + $50 exclusive bonus |
| Wagering period | 7 days | 7 days | 14 days | seven days (168 hours) |
| Min. deposit | $5 | $5 | $10 | $10 |
| Covers BetSmart Bonus Rating | ⭐ 4.6/5 | ⭐ 4.9/5 | ⭐ 5/5 | ⭐ 4.8/5 |
How do you enter promo codes on DraftKings?
Here are step-by-step instructions to claim the DraftKings Sportsbook sign-up offer:
1
Register
You can register with DraftKings Sportsbook in minutes. Enter some personal information and confirm your identity to complete your account. Remember, you are ineligible to use DraftKings if you are on any self-exclusion lists for gambling. If you are struggling, please refer to DraftKings' responsible gaming features for assistance.
2
Deposit funds
Since no DraftKings promo code is required, new DraftKings Sportsbook customers must make an initial $5 deposit to qualify.
3
Make a bet
Place an initial $5 (at -500 odds or greater) wager on any sports market to receive 6 $25 bonus bets. You have seven days (168 hours) from issuance to use the bonus funds.
4
Withdraw winnings
You must complete the bonus' 1x wagering requirement before accessing withdrawable cash winnings, in which the bonus bet amount is not included.
DraftKings promo code terms and conditions
You do not require a DraftKings promo code to secure the operator's 'Bet $5, Get $150' promo, but there are some important terms and conditions to remember:
- This DraftKings promo code bonus expires on Aug. 3, 2025, at 11:59 p.m. ET.
- Make a minimum $5 deposit and a qualifying wager of at least $5 (at -500 odds or greater) on any sports betting market to activate the bonus.
- If you win or lose your first bet, DraftKings will give you 6 $25 bonus bets instantly.
- If your first bet wins, you also keep the winnings.
- New users can also claim DraftKings' secondary welcome offer, where the online sportsbook will match 20% of your initial deposit, up to $1,000 in bonus bets.
- The stake is not included in any winnings derived from the DraftKings bonus bets, which expires seven days (168 hours) from issuance.
Full terms: dkng.co/ftball. Offer expires on Aug. 3, 2025, at 11:59 p.m. ET.
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).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).
Is DraftKings legal?
Yes, DraftKings is legal if you're physically located in one of the 26 states plus DC listed below. Refer to this section to see which DraftKings promo code new user offer you qualify for in 2025.
What's new: With legal Missouri sports betting slated to launch in 2025, keep an eye on DraftKings. It's possible the sports betting giant will be one of the first platforms to go live in the state.
Will we see a DraftKings Florida or DraftKings Minnesota in 2025? Keep tabs on all states with legal sports betting and find out where the online sportsbook could launch next.
List of sports you can bet on with DraftKings
DraftKings Sportsbook is one of the industry's most well-rounded sports betting operators, offering competitive betting lines for all of your favorite sports in North American sports, including:
But this is just the tip of the iceberg with DraftKings. From golf and NCAAF to snooker and darts, there's something for everyone at DraftKings Sportsbook. DK also makes our lists of the best F1 betting sites, best boxing sites, UFC betting sites and Oscars betting sites for the Academy Awards. Looking to wager on college football? Look no further than DraftKings, which is one of our top college football betting sites available today.
Covers Expert Analysis"DraftKings is one of my go-to betting sites for all things NFL, as it is among the best football betting sites, football betting apps, parlay betting sites, and prop betting sites in 2025."
DraftKings Sportsbook bet types
DraftKings Sportsbook provides bettors with many betting options for each sports league. We've highlighted the most popular bet types you can find at DraftKings in 2025 below:
Moneyline
The most common type of wager where you choose the winner of the event. The moneyline odds indicate the favorite with a minus (-) sign, while the underdog has a plus (+). For example, if you take a favorite at -110 odds, you would be risking $11 to win a $10 wager.
Point spread
Point spread betting requires predicting by how many points the team you are backing will win or lose to win the wager. If an NFL team has a -6.5 spread, they need to win by at least seven for the wager to hit.
Over/Under (totals)
Over/Unders allows you to bet on whether the game's total score will be more or less than the pre-determined line. You can bet this just for an individual team in a game for most events. For example, if you took New York Mets/New York Yankees Over 8.5, they would need to combine for nine runs or more for you to win your wager.
Parlays
Parlay wagers combine multiple wagers for different events or the same game onto one bet slip for a higher payout. All selections — or 'legs' — must win for the wager to cash.
Props bet
Prop bets focus on specific events or outcomes within a game, including individual players' achievements — like total points scored in the NBA — or unique occurrences, such as 'Will a buzzer beater happen during the 2025 NBA Playoffs'. DraftKings offers enticing player props for every sports league it covers.
Futures
Futures bets are based on long-term outcomes, with results determined at the end of a season, such as NFL MVP or how many goals an NHL player will have.
More sportsbook sign-up bonuses
Identifying the right sportsbook bonus is a crucial step in your sports betting journey. Aside from DraftKings Sportsbook, here are some of our favorite sign-up offers available in 2025.
Best Caesars Bonus
Learn about the best sportsbook welcome bonus at Caesars.
Best FanDuel Bonus
Check out the top FanDuel Sportsbook sign-up bonus.
Best Fanatics Sportsbook Bonus
Claim your Fanatics Sportsbook sign-up promo today.
DraftKings Sportsbook review
Bet $5, Get $150
New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly. Covers Verdict:
DraftKings is one of the most established and reliable brands in all of sports betting. We love DraftKings Sportsbook's user experience, mobile app, key features, and current new user bonus, which is one of the industry's most straightforward welcome offers in 2025. As avid football bettors, we also love DraftKings' NFL BetVision feature, which allows you to stream games that you wager on directly in the DraftKings Sportsbook app for free.
Who is DraftKings for?
We would recommend DraftKings to all sports bettors, as it is truly one of the most well-rounded online sportsbooks in 2025. Not only is it one of the industry's best sports betting apps, but DraftKings also has a vast collection of betting markets, and a slew of ongoing promotions that are easy to claim and help build your bankroll. If you're a sports bettor who has yet to try DraftKings Sportsbook, we'd suggest changing that quickly.
Covers BetSmart Rating
Player reviews
Anthony
Google Play Store user
“I have had nothing but wonderful things to say about the DraftKings app and sportsbook. It is a pleasure being able to gamble with honest and honorable, not to mention speedy payouts. I wish I could give it 10 Stars, actually.”
Tammy
Google Play Store user
"DraftKings is the BEST site around. Plus their staff are the greatest of people! They are always giving back to their clients with awesome trips, gifts, and play money. You're always a winner with DraftKings!"
App Store rating
Google Play rating
Additional info
DraftKings app review
Bet $5, Get $150
New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly. We have the DraftKings Sportsbook mobile app as one of our top U.S. sports betting apps in 2025 thanks to its user-friendly design, allowing you to access to great selection of daily promos with a few swipes easily.
The DraftKings app is highly rated on both the App Store and Google Play Store, where you can download it for free, boasting a 4.8/5 and 4.3/5 score, respectively. The mobile app is constantly improving itself, undergoing regular updates to enhance its mobile betting capabilities. The DraftKings Sportsbook iOS app recently underwent an update in July 2025, adding new product features, fixing existing bugs, and providing overall improvements to the mobile platform.
You can click here to download the DraftKings Sportsbook iOS app. Android users can access the DraftKings Sportsbook app on the Google Play Store by clicking here.
DraftKings iOS app
DraftKings live betting
In our opinion, DraftKings' live betting experiences is second-to-none in 2025. This is a key feature that helps make DraftKings stand out from the competition.You can wager on 'In-Play' or 'In-Game' markets for most sports and earn lucrative payouts for your attentiveness towards a game's momentum.
Simply navigate to the 'Live In-Game' section, browse the available live betting markets, and place a wager when the continuously changing odds swing in your favor. We love DraftKings' live flash props, which provide an additional layer of intrigue to the game you're watching by offering exclusive, event-specific bets, such as 'Will the next drive result in an offensive score?' or 'Will the next play be a run or a pass?'
Not only is it great to be able to bet on live player props -- which isn't often available at other sites -- but it's nice to have a visual graphic as seen below.
DraftKings iOS app
Covers Expert Analysis"Live betting represented more than 50% of DraftKings handle in Q1 2025, the first time in company history in-play wagering made up the majority of handle, $DKNG CEO Jason Robins said during a recent earnings call."
DraftKings live streaming: NFL Betvision
NFL BetVision lets customers stream in-network and nationally televised NFL games directly within the DraftKings Sportsbook app by placing a wager on the event. Available in U.S. jurisdictions where DraftKings Sportsbook operates and Ontario, Canada, the feature supports bonus bets and remains active even if your bet settles before the game ends.
DraftKings betting odds and restrictions
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 provided by SBTech 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. We've outlined the payout limits for the following top U.S. sports betting markets:
🏈⚾ American football and baseball - $1 million for NFL and MLB, including the MLB World Series; $250,000 for additional competitions.
⚽︎ Soccer - $500,000 for top leagues and international events; $100,000 for additional competitions.
🏀 Basketball - $1 million for NBA, Euroleague, and top international events like the Olympics; $250,000 for all other competitions.
🏒 Hockey - $250,000 for NHL and top international events like the Olympics; $50,000 for additional competitions.
🎾 Tennis - $150,000 for all Grand Slam tournaments after the third round; $75,000 for all ATP and WTA tournaments from the quarter-finals onwards; $40,000 for additional competitions.
DraftKings odds for today's top games
⚾ MLB: 2025 Home Run Derby odds
|
Moneyline 💰 |
|---|---|
 Cal Raleigh |
+295 |
 Oneil Cruz |
+330 |
 James Woods |
+450 |
 Matt Olson |
+800 |
 Brent Rooker |
+850 |
 Byron Buxton |
+950 |
 Jazz Chisholm Jr. |
+1100 |
 Junior Caminero |
+1200 |
All odds shown above are subject to change.
DraftKings customer service
Registered users can connect with a DraftKings customer support representative by filling out an easy-to-use online form or talking directly via the 24/7 live chat feature. Though the DraftKings customer service number via it's dedicated phoneline only allows for callbacks, you can also reach them on all major social media platforms. DraftKings' customer service staff welcomes your feedback and responds extremely quickly to general inquiries.
💬 Live chat: 24/7
📧 Email: sportsbook@draftkings.com
☎️ Phone: Leave a voicemail at 1 (855) 357-2377
🌎 Support languages: English
📱 X (Twitter): @DK_Assist
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 | ✅ | ❌ |
| Amex (NJ only) | ✅ | ❌ |
| Debit card | ✅ | ✅ |
| Bank wire | ✅ | ✅ |
Best DraftKings promos by vertical
DraftKings Casino
500 Spins + Up to $1,000 Back in Casino Credits
New customers only. Must be 21+ years of age or older. Must be physically located in: CT, MI, NJ, PA, or WV. Casino Credits are valid for seven days from the time they are credited to account. 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 secure up to $1,000 of their losses back in Casino Credits during the first 24 hours plus 500 spins after creating a new account and making a $5 deposit.
You will receive your free spins to use on a featured game once you have made a $5 minimum wager, while a cumulative loss of at least $5 after 24 hours is required to receive any Casino Credits.
Deposit $5 then wager $5 or more to trigger the spins bonus.
Casino Credits have a 1x wagering requirement, meaning you only need to play through these funds once before withdrawing winnings.
Casino Credits and bonus spins expire after seven days.
Offer not currently available in Connecticut.
Our DraftKings Casino review outlines everything you need to know about this top-notch operator, including how it scored a 4.3/5 on our Covers BetSmart Rating system.
DK Horse
Up to $250 Deposit Match Bonus
New DK Horse Users Only
Saddle up for another exciting year of horse racing betting action by registering with DK Horse today. You can put yourself into pole position for every race in 2025 by claiming its latest welcome offer — a 100% match on your initial deposit, up to $250.
We've taken a lap around the track to detail this enticing racebook offer below:
This DK Horse welcome bonus is currently ongoing.
You must make a $25 minimum deposit to qualify. DraftKings Horse will match 100% of your initial deposit, up to $250, in bonus bets.
All bonus is awarded within 72 hours and is withdrawable after completing the 2x playthrough requirements.
DK Horse is only available in the following states — CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, WY.
DraftKings Daily Fantasy
Play for a Share of Millions in Prizes
Ends: Dec. 31, 2025
DraftKings operates one of the top daily fantasy sports (DFS) platforms in North America. With DraftKings Daily Fantasy, you draft your team, set your lineup, and take on your friends or other DFS players in public leagues. Additionally, you'll earn tier credits and DraftKings Crowns by entering contests, allowing you to ascend DraftKings' Dynasty Rewards loyalty program rapidly.
You can sign up with DraftKings Daily Fantasy Sports today to receive first bet offer for your chance to win a share of millions in prizes. Make a minimum $5 deposit, and DraftKings DFS will issue you one (1) $3 ticket into the DraftKings Daily Fantasy contest.
Choose from fantasy football, basketball, baseball, hockey, golf, MMA, NASCAR, and more. DraftKings Fantasy is among the best esports betting sites in 2025. DraftKings Fantasy contests include:
Casual: For players who have yet to earn an experience badge but have played over 50 contests.
Head-to-Head: A one-on-one, winner-take-all match-up. Score more points than your opponent, and you win.
50/50s: Finish in the top half of all teams competing to win real cash.
Tournament: Join a private or public contest and win prizes as you advance.
DraftKings Best Ball Week - Play for a Share of $15M
Enter a $20 NFL lineup into DraftKings DFS Best Ball $15M headliner contest by September 4, 2025, to receive a ticket to win a share of $15 million in bonuses. Simply draft your dream NFL fantasy team once, and DraftKings DFS will automatically start your top weekly scorers. Top teams will split a share of $15 million in bonuses at the end of the season. Maximum 150 entries per person.
What are DraftKings Missions?
DraftKings Missions allow you to earn additional DK Crowns daily by completing specific DraftKings Fantasy Sports tasks, such as 'Play in any $5+ Contest to earn 100 Crowns'.
To start, simply log into your DraftKings Fantasy Sports account via the app or on your desktop. If you're on mobile, locate the 'Missions' section on the homepage, tap, and opt into your daily mission. Desktop users will find their mission in the 'Mission' tab of the 'Promos' section. The task will automatically appear in your Mission tracker, allowing you to record your progress easily. You will receive your DraftKings Missions rewards — which hold no expiration date — immediately after completing the task.
DraftKings Pick6
Bet $5, Get $50 Instantly in Pick6 Credits
Ends: July 27, 2025
DraftKings Pick6 is a peer-to-peer DFS platform that operates similarly to DraftKings Daily Fantasy, allowing you to build lineups from various sports leagues to win prizes. Today, new users in AL, AR, CA, SC, SD and WI can claim $50 in Pick6 Credits if they're new to DraftKings Pick6 and place a minimum $5 entry fee into any available contest. Meanwhile, new customers in DE, GA, MN, MO, ND, NE, TC ad UT can deposit $5 to play for free to potentially earn thousands in prizes or get $25 in Bonus Picks or five (5) $5 Bonus Picks.
Both of these Covers-verified DraftKings Pick6 welcome bonuses are available until July 27, 2025.
DraftKings Dynasty Rewards
DraftKings offers 'Dynasty Rewards' program — one of best sportsbook rewards programs of 2025 — a tiered loyalty system where you earn Crowns and Tier Credits for every dollar you wager. You can redeem your earned DraftKings Crowns for a variety of rewards, including DK Dollars, DFS contest entries, gift cards, bonus bets, and much more. You can also track your progress and loyalty status on a dedicated section of the DraftKings website, earning better benefits as you ascend tiers.
Read below to discover how to earn DraftKings Crowns and Tier Credits and unlock access to some of the best sportsbook rewards available:
| Tier | Gaming Tier Benefits |
|---|---|
| 🥉 Bronze | Access promos and redeem DraftKings Crowns for site credits to the Dynasty Store. |
| 🥈 Silver (5K credits) | 500 annual Tier Credits, monthly boosts, and exclusive rewards and promos. |
| 🥇 Gold (25K credits) | 4,000 annual Tier Credits, exclusive promos, and priority customer support. |
| 💎 Diamond (90K credits) | 15,000 annual Tier Credits, exclusive promos, 24/7 live support, invitation to the Dynasty signature sweepstake, exclusive live DraftKings' experiences, consideration for VIP host, and annual rewards. |
| ⚫ Onyx (175K credits) | Receive all of the perks mentinoed above, plus 25 Tier Credits and five monthly 4x betting boosts. |
I've outlined how you can earn DraftKings Dynasty Rewards Crowns and Tier Credits below:
📲 DraftKings Sportsbook
- Straight bets - 1 Tier Credit per $10 wagered
- Parlays and SGP wagers - 1 Tier Credit per $5 wagered
♥️♣️ DraftKings Online Casino
- Slots - 1 Tier Credit per $10 wagered on most slot titles. Select slot games require a $25 wager to qualify
- Table games - 1 Tier Credit per $40 wagered. Some titles only require a $25 bet
- Keno and virtual sports - 1 Tier Credit per $10 wagered
🏅 DraftKings Daily Fantasy Sports
- Contests - 1 Tier Credit for every $5 in entry fees for any daily fantasy sports contest
💲 DraftKings Marketplace
- NFT drops - 1 Tier Credit per $2.50 spent on NFTs supplied by DraftKings
- Purchases - 1 Tier Credit per $10 spent on DraftKings Marketplace
How to use DraftKings Crowns?
We've outlined how you can redeem your DraftKings Crowns in minutes:
- Log into your account and navigate to the 'Rewards' section.
- Select 'Dynasty' and click 'Redeem Crowns'.
- You can redeem your DraftKings Crowns for contest entries, DK Dollars, Casino Credits, or purchases at the Dynasty Rewards Store and DraftKings Shop.
Recent DraftKings updates
Stay tuned to stay abreast of new DraftKings features and legal markets. Here's the latest DK news:
July 11, 2025: Jim Cramer announces that he is still bullish on DraftKings, despite the 'Big Beautiful Bill' gambling tax.
July 11, 2025: DraftKings will refund $3 million to nearly 7,000 Connecticut players after a state probe into unclear bonus terms.
July 3, 2025: Jefferies Group, the investment bank and financial services firm, reduced its price target for DraftKings to $53 from $60 and has a Buy recommendation on the stock.
July 1, 2025: DraftKings extended its responsible gambling offering with its new tool ‘My Budget Builder’, which allows players to set limits when gambling.
June 23, 2025: DraftKings, ESPN Bet, Fanatics Sportsbook, and Bet365 were among sportsbooks that voided losing wagers on Tyrese Haliburton props after he left the game with an injury Sunday night in Game 7 of the NBA Finals.
June 12, 2025: DraftKings joins FanDuel in planning to charge its customers a 50-cent fee in response to the per-bet tax Illinois lawmakers recently approved.
June 4, 2025: With UFC 316 scheduled for Saturday, June 7 at the Prudential Center in Newark, New Jersey, DraftKings teamed up with the organization to issue a brand-new responsible gaming campaign.
June 2, 2025: Clemson, Notre Dame, and Georgia, all of whom made the most recent College Football Playoff, are the only three teams that are favorites at DraftKings Sportsbook in all of their fall games, according to the latest College Football odds.
May 21, 2025: Five Pennsylvania bettors sue DraftKings, accusing the sportsbook of taking advantage of their gambling addiction through predatory marketing and a lack of responsible gambling features.
May 9, 2025: DraftKings says bettors’ recent winning streak is random, not a trend, despite major losses from NFL and NCAA favorites hitting at high rates.
May 9, 2025: Live betting development powers DraftKings' hot start to 2025, as CEO Jason Robins believes live betting can produce as much as 70-80% of gross gaming revenue.
May 8, 2025: Despite sports betting outcomes going against the gaming operator, DraftKings grew year-over-year revenue by 20% during 2025's first quarter.
April 17, 2025: A DraftKings-connected company is no longer a pending member of the self-regulatory organization for the U.S. derivatives industry.
April 3, 2025: The city of Baltimore files a lawsuit against DraftKings for violating its Consumer Protection Ordinance using deceptive and unfair tactics to exploit gamblers.
April 2, 2025: DraftKings now offers torpedo bat home run markets amidst MLB craze.
March 18, 2025: DraftKings uses Kenny Rogers' 'The Gambler' to promote responsible gaming for 2025 March Madness.
March 14, 2025: DraftKings' responsible gaming initiatives extend beyond National Problem Gambling Awareness Month.
March 13, 2025: DraftKings registers the company name 'DraftKings Predict' with National Futures Association, suggesting that the online betting company will offer futures contracts in the near future.
March 4, 2025: DraftKings CEO Jason Robins is bullish about sports betting and iGaming legalization, as headway is being made in adding more states.
Feb. 27, 2025: Plaintiffs in the non-fungible token (NFT) class action lawsuit against DraftKings filed for preliminary approval of a $10 million settlement. The plaintiffs, who purchased DraftKings' Reignmakers digital game pieces, told the court the settlement was “fair, reasonable, and adequate.”
Feb. 14, 2025: CEO Jason Robins says DraftKings is shifting its focus to live betting, intending to reach a new record in 2025.
Feb. 13, 2025: DraftKings loses $100 million in the Fall of 2024, as the public NFL bettors have their best quarter in the past 40 years.
Feb. 5, 2025: The DraftKings-Delta partnership will soon offer free in-flight gaming to SkyMiles members.
Feb. 3, 2025: DraftKings' stocks sees a 10% rise in January, cementing itself as the clear second online gaming operator in market share in the U.S.
Jan. 28, 2025: DraftKings reportedly settles NFLPA's lawsuit over NFT payment obligations.
Jan. 10, 2025: Covers' Ryan Butler tackles the top (not so likely) opportunities with the DraftKings-Delta partnership, including a potential reciprocity between each company's respective rewards programs.
Jan. 9, 2025: Bank of America analysts predict DraftKings will suffer a revenue decline in 2024 due to NFL favorites covering this season.
Jan. 7, 2025: DraftKings' new parlay subscription service is best for both bettors and the sportsbook, Covers' own Ryan Butler explains.
Jan. 6, 2025: DraftKings updates its welcome bonus, allowing new users to instantly claim $200 in bonus bets.
Jan. 3, 2025: DraftKings offers a $20/month subscription service called DraftKings Sportsbook+ to select customers in New York, which provides incremental boosts on parlays.
Dec. 30, 2024: A DraftKings bettor misses out on a $68K winning NFL parlay after taking the early cash out for $590 before overtime started.
Dec. 30, 2024: DraftKings releases a list of the most bet-on events, games, players, teams, and more for 2024. Scottie Scheffler was the most-wagered athlete by handle.
Dec. 18, 2024: A former DraftKings customer is suing the company for sharing their video-viewing habits without permission.
Dec. 7, 2024: A DraftKings user's wife files a lawsuit after he loses $1 million of his family's money.
Dec. 6, 2024: Two U.S. Senators want DraftKings and FanDuel to be investigated for 'possible anticompetitive conduct' within the betting industry.
Dec. 2, 2024: DraftKings is optimistic about iGaming expansion in 2025, says CEO Jason Robins during the fourth annual Craig-Hallum Online Gaming Conference.
Nov. 21, 2024: DraftKings files motion to have its MLBPA NIL case dismissed.
Nov. 20, 2024: Ohio regulator fines DraftKings $425K for accepting wagers on college props after the state banned them.
Nov. 15, 2024: DraftKings hires a government affairs specialist to ramp up lobbying efforts in Texas sports betting push.
Nov. 8, 2024: DraftKings eyes election betting opportunities ahead of 2028.
Nov. 7, 2024: DraftKings lowers its yearly guidance despite a 39% annual Q3 revenue increase.
Oct. 28, 2024: Sports betting influencer and DraftKings ambassador Taylor Mathis has been accused of manipulating cryptocurrency by inflating the $TAYLOR currency price and selling her shares before the price dropped.
Oct. 23, 2024: DraftKings and a former executive are close to settling their ongoing legal dispute. The betting platform accused Michael Hermalyn of taking confidential information to Fanatics Sportsbook when he started working there.
Oct. 21, 2024: A DraftKings customer wins $98K on an NFL parlay in Week 7.
Oct. 18, 2024: DraftKings adheres to the NBA's request to eliminate under prop betting markets for players on short-term contracts months after the Jontay Porter scandal.
Oct. 17, 2024: DraftKings acquires Dijon Systems Limited to help improve its golf pricing.
Oct. 16, 2024: DraftKings partners with Shaquille O'Neal ahead of the 2024-25 NBA season.
Oct. 10, 2024: DraftKings repairs 'nightmare' outage ahead of a big sports night that featured games from the NFL, NHL, WNBA, and MLB Playoffs.
Oct. 9, 2024: DraftKings CEO Jason Robins offers predictions for sports betting's near and distant future at the G2E Conference in Las Vegas.
Oct. 9, 2024: Daily fantasy users in the UK received an email on Friday indicating that DraftKings would no longer be offering DFS services.
Oct. 3, 2024: DraftKings gives an additional $5 million in pursuit of Missouri sports betting.
Sept. 23, 2024: DraftKings and FanDuel double their contributions to Missouri's legal sports betting campaign, with each operator investing $5 million in support of the upcoming ballot.
Sept. 23, 2024: A New York regulator calls out DraftKings for 'misleading' sports betting surcharge that was aborted a few weeks ago.
Sept. 19, 2024: DraftKings gives $5 million to the Winning for Missouri Education campaign, raising the sportsbook's total contributions to more than $10 million.
Sept. 17, 2024: The MLBPA files a lawsuit against DraftKings and other online operators for using its player's images without the union's permission.
Sept. 12, 2024: Massachusetts regulators are investigating DraftKings for a golf betting email the sportsbook sent out in August.
Sept. 6, 2024: DraftKings CEO talks about their proposed surcharge and future plans for tax hikes.
Sept. 5, 2024: DraftKings CEO believes the company can catch FanDuel, citing the sportsbook's live betting and various product innovations as key factors for the optimism.
Aug. 29, 2024: DraftKings' Simplebet deal creates an iGaming opportunity for the sportsbook in the future.
Aug. 28, 2024: DraftKings reaches a deal to acquire microbetting technology company Simplebet.
Aug. 27, 2024: DraftKings to open a retail sportsbook in Wisconsin at the Lake of the Torches Casino on Aug. 28, 2024.
Aug. 22, 2024: DraftKings launches 'Electric Poker' platform in Michigan.
Aug. 14, 2024: DraftKings inadvertently sends an email blast about golf bets even if bettors did not place a relevant wager.
Aug. 13, 2024: DraftKings kills sports betting surcharge after FanDuel refuses to implement a similar policy on winning bettors.
Aug. 2, 2024: DraftKings' sports betting 'surcharge' could be less about money and more about sending a message.
Aug. 1, 2024: DraftKings to start charging a "gaming tax surcharge" on winning bets in four states — Illinois, New York, Pennsylvania, and Vermont.
July 31, 2024: DraftKings announces that it is discontinuing Reignmakers and its NFT Marketplace.
July 26, 2024: DraftKings Sportsbook is officially live in DC, offering new users a 'bet $5, get $200' welcome promotion.
July 23, 2024: DraftKings Sportsbook is officially set to launch in DC, becoming the fourth online sportsbook to operate in the nation's capital.
July 22, 2024: Musburger Media purchases VSiN from DraftKings, allowing the sports betting network to operate separately from the online sportsbook.
July 18, 2024: DraftKings becomes an official sports betting partner of the WNBA.
July 17, 2024: DraftKings unveils its pre-launch offer for DC bettors — sign up today and get $200 in bonus bets on launch day.
July 8, 2024: The New Jersey Division of Gaming Enforcement fines DraftKings $100K for 'unacceptable' errors pertaining to sports betting data.
July 2, 2024: The 'John Doe' is set to be named in the DraftKings extortion lawsuit after withdrawing their request to use a pseudonym in court.
June 28, 2024: DraftKings sets its defense in the 'John Doe' lawsuit — which is requesting at least $1 million in damages against the sportsbook — ahead of the formal dismissal motion.
June 25, 2024: DraftKings denies collusion allegations with a professional sports bettor to extort and threaten other users.
June 14, 2024: A shrewd bettor won over $1.1 million on DraftKings by cashing out a 22-to-1 wager on Patrick Cantlay after the first round.
May 24, 2024: A recent report suggests that DraftKings is about to acquire SimpleBet, a microbetting technology provider.
May 23, 2024: DraftKings adds new product and markets with the finalization of the JackPot acquisition.
May 20, 2024: DraftKings updates its new user welcome offer — $1,500 No Sweat Bet.
May 9, 2024: DraftKings acquires odds provider Sports IQ, which uses "advanced artificial intelligence and machine learning to build proprietary odds for the U.S. sports betting industry."
May 3, 2024: DraftKings CEO eyes bringing sports betting to Texas in 2025.
May 1, 2024: DraftKings wins court battle with former VIP Executive, prohibiting him from bringing VIP clients over to his new position at Fanatics Sportsbook.
May 1, 2024: DraftKings' lottery app Jackpocket announces record number of users during the "most successful month in company history."
April 22, 2024: DraftKings announces that Lori Kalani will be joining the company as its first-ever Chief Responsible Gaming Officer.
April 18, 2024: Fanatics-owned PointsBet records more gross gaming revenue than DraftKings in New Jersey during March.
April 18, 2024: Former DraftKings executive denies breach of contract claims before he joined Fanatics Sportsbook.
April 18, 2024: DraftKings receives a class-action lawsuit in New York due to misleading messaging around 'first bet offer' bets.
April 5, 2024: DraftKings partners with the New York Racing Association, becoming the official betting partner of the Saratoga Race Course and the Belmont Stakes.
April 3, 2024: DraftKings is reportedly among several big-name sports betting brands eyeing entry into Brazilian market.
March 27, 2024: DraftKings launches the Responsible Online Gaming Association (ROGA) with six other major sportsbooks.
March 25, 2024: DraftKings expands its problem gambling program to all 25 states it currently operates in.
March 22, 2024: Fanatics accuses DraftKings of a "culture of retribution" in new court filing amidst legal battle.
March 19, 2024: DraftKings shuffles leadership team, appointing Jason Park as Chief Transformation Officer and Alan Ellington as CFO.
March 11, 2024: DraftKings officially goes live in the Tar Heel State alongside the launch of legal North Carolina sports betting.
March 1, 2024: DraftKings goes live with its North Carolina pre-launch welcome offer of $300 in bonus bets.
Feb. 27, 2024: North Carolina will start online sports betting sign-ups on Friday, and Covers' own Geoff Zochodne outlines what to expect from DraftKings and other expected sportsbook operators.
Feb. 26, 2024: DraftKings helps New York's sports betting revenue to bounce back, bringing in $17.6 million in profits for the week of Feb. 11..
Feb. 21, 2024: DraftKings is among several sportsbooks offering betting options for when and how Lebron James reaches 40,000 points, which has never been achieved in NBA history.
Feb. 15, 2024: DraftKings announced $1.23 billion in revenue in Q4, marking a 63.% YoY increase.
Feb. 15, 2024: Reports indicate that DraftKings is purchasing Jackpocket — the leading lottery app in the U.S. — for $750 million.
Feb. 14, 2024: DraftKings awaits punishment for non-compliance in Massachusetts sports betting after allegedly accepting funds that were deposited elsewhere via credit card in May 2023.
Feb. 12, 2024: Barstool confirms an exclusive online sports betting partnership with DraftKings.
Feb. 9, 2024: Judge rules in favor of DraftKings, but former Executive can work at Fanatics, as Michael Hermalyn is only barred from using the company's information and soliciting DraftKings' clients or employees.
Feb. 6, 2024: DraftKings claims a former executive stole confidential information during move to Fanatics Sportsbook. DraftKings is suing Michael Hermalyn, alleging he hatched a "scheme" to steal from the company days before becoming VIP Fanatics.
Feb. 5, 2024: DraftKings denies allegations of changing house rules during the Pebble Beach Pro-Am, which was called off Sunday evening due to severe weather.
Jan. 31, 2024: DraftKings lands partnership with LeBron James. The NBA legend will provide football betting insight for the operator.
Jan. 26, 2024: DraftKings add 'highly regarded' executive Marie Donoghue, assuming a strategic role to help the sportsbook operator drive future growth.
Jan. 24, 2024: Barstool nears a multi-million dollar marketing deal with DraftKings to promote DK's odds and sportsbook across its brand.
Jan. 22, 2024: DraftKings refunds wagers on Deebo Samuel props following his injury during the divisional round of the NFL playoffs.
Jan. 15, 2024: FanDuel and DraftKings give $250,000 each to help start a petition drive to bring legal sports betting to Missouri
Jan. 11, 2024: DraftKings opens its doors in Vermont as the state officially launches legal sports betting.
Jan. 8, 2024: DraftKings partners with NASCAR, paving the way for the sportsbook to legally operate in North Carolina when the Tar Heel State launches its sports betting market later this year.
Dec. 29, 2023: DraftKings is among the initial list of operators applying for a North Carolina sports betting license, vying to offer legal services when legalization occurs..
Dec. 26, 2023: A DraftKings sports bettor miraculously turns $5 into $489k on a 14-leg touchdown parlay.
Dec. 15, 2023: DraftKings Sportsbook launches new 'Progressive Parlays' feature, allowing bettors to receive a payout even if one or more legs on their parlay lose.
Dec. 12, 2023: DraftKings is one of three online sportsbooks to go live when legal Vermont sports betting launches on Jan. 11, 2024.
Dec. 4, 2023: DraftKings meets with New York State Gaming Commission Chair Brian O'Dwyer to ensure safeguards are in place to avoid the infamous '9/11 parlay' incident.
Nov. 30, 2023: The MGC votes to allow DraftKings to void winning parlays placed at incorrect odds from a third-party vendor, Sportcast.
Nov. 16, 2023: Wisconsin teen pleads guilty to a 2022 DraftKings data breach case, in which they used stolen Daily Fantasy Sports login credentials to steal approximately $600,000.
Nov. 7, 2023: DraftKings announces a new sports betting product that will increase the online sportsbook's hold and be 'great for the customer.'
Nov. 3, 2023: DraftKings joins Maine's legal online sports betting market, offering new users $200 in bonus bets.
Nov. 2, 2023: DraftKings reports third-quarter revenue of $790 million.
Oct. 31, 2023: DraftKings strikes an agreement with the Passamaquoddy Tribe to bring its online sportsbook to Maine.
Oct. 3, 2023: DraftKings unveils its latest new user welcome offer — 'bet $5, get $200 + No Sweat SGP
Sept. 28, 2023: DraftKings introduces a new welcome offer — 'bet $5, get $200 instantly + 3 'No Brainer SuperBoosts'' — to celebrate the launch of legal online Kentucky sports betting.
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.
DraftKings responsible gambling features
DraftKings has a strong stance on responsible gaming, offering several internal resources to ensure bettors gamble within their means like weekly deposit and betting limits and a self-exclusion option. Additionally, DraftKings provides bettors access to numerous external responsible gaming resources and tolls as well, such as the American Gaming Association, Gamblers Anonymous, and BetBlockers.
We're impressed with DraftKings commitment to providing a safer space to bettors. Recently, the operator launched DK Safer Play, which enables bettors to track and interact with their account usage and allows them to better understand their betting habits. Furthermore, DraftKings released 'My Budget Builder', which is a new tool within the DraftKings Responsible Gaming Center that allows bettors set customized limits and reminders to manage their spending across online betting verticals. Lori Kalani, the Chief Responsible Gaming Officer at DraftKings, states that the new tool 'Reflects our ongoing commitment to creating fun, enjoyable environment for our players."
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DraftKings promo code FAQ
As a new customer, deposit $5 or more and place a $5 wager on any sports betting market and DraftKings will issue 6 $25 bonus bets instantly if you win your first wager.
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.
There is no DraftKings Sportsbook promo code first time users need to input. Simply register with DraftKings via the links in this guide to claim the welcome bonus.
Founded and based in the USA, DraftKings Sportsbook is now licensed in 26 U.S. states plus DC, and that number is expected to grow as more jurisdictions move to permit legal sports betting.
Sports bettors can easily input the DraftKings promo code when prompted in the required field if it is required to unlock a specific promotion. New users do not need a DraftKings promo code to secure its latest welcome offer. Meanwhile, registered users 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.
You do not need to input an exclusive promo code to secure the latest 'bet and get' DraftKings welcome offer or any other available promotion. Simply sign up for DraftKings and meet the minimum requirements to unlock its welcome bonus and additional ongoing promos.
Yes. Besides its generous welcome bonus, DraftKings offers a wide range of great promos that you can claim today, including referral bonuses, daily odds boosts, second-chance bets, and more sport-specific offers that are easy to secure.
No DraftKings promo code is required to claim its latest new-user welcome offer. Simply click here or on one of the links throughout this page to create your account and claim your DraftKings welcome bonus.
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