DraftKings Promo Code 2024 - Claim $150 in Bonus Bets
Registration with DraftKings is a cinch, and as a new sports bettor, you can bet $5 to get $150 in bonus bets without a DraftKings promo code.
Read on to claim one of the best sportsbook promos in 2024.
Offers are not available to residents of Ontario, Canada.
Bet $5, Get $150
DraftKings promo code summary
Sign-up bonus | Bet $5, get $150 |
Minimum deposit | $5 |
Minimum wager | $5 |
Eligible bet types | All bet types ✅ |
Eligible states | AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, ME, MI, NC, NH, NJ, NY, OH, PA, TN, VT, VI, WV, WY |
DraftKings mobile app | iOS & Android ✅ |
Offer expiry | May 19, 2024 |
Last verified | May 15, 2024 ✅ |
DraftKings promo code terms and conditions
No DraftKings promo code is required to claim any of the sportsbook's current welcome offers in legal states. Here are the most important terms and conditions to remember before claiming DK's latest new-user promotion:
This offer expires on May 19, 2024, at 11:59 p.m. ET.
Make a minimum $5 deposit and initial wager to unlock the bonus.
DraftKings Sportsbook awards $150 in bonus bets regardless of the outcome of your qualifying wager. The bonus will be issued as six (6) $25 bonus bets.
Your bonus comes with a 1x wagering requirement.
Bonus bet amounts are not included in winnings derived from bonus bets.
Bonus bets expire after 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.
At DraftKings Sportsbook, simply register a new account, make the initial qualifying deposit, and wager to access your welcome offer, as no DraftKings promo code is required.
Bet $5, get $150 + NBA No Sweat SGP
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 beginner-friendly sign-up bonus checks all 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 $150 in bonus bets regardless of the outcome of your wager. That's in addition to any cash winnings earned from your original bet.
You can also opt-in to receive one 'No Sweat' same-game-parlay token every day of the 2024 NBA Playoffs. Head to DraftKings' 'Promos' section to claim this offer ahead of each night of playoff basketball. If your bet loses, DraftKings will give you one bonus bet of equal value. Maximum bet limits do apply, and limits will vary from bettor to bettor.
Covers tip: Since DraftKings Sportsbook's welcome bonus comes with a 1x wagering requirements, you must bet the entire bonus once before any winnings earned with the funds can be redeemed.
How to claim the DraftKings promo code
Taking advantage of the DraftKings Sportsbook 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 Sportsbook customers must make an initial deposit of at least $5 following the account creation step.
Make a bet
Line up your first wager on any sports market. Remember, win or lose, DraftKings will give you a $150 bonus.
Withdraw winnings
If you win, go ahead and withdraw your winnings. You cannot withdraw your $150 bonus immediately and must wager it once before accessing withdrawable cash winnings. The bonus bet amount is not included with these winnings.
DraftKings in the news
Sportsbook bonus comparison
Welcome bonus | Bet $5, get $150 | Bet $5, get $150 if your bet wins | $1,000 First Bet on Caesars | $1,500 in bonus bets |
Promo code | Not required | Not required | COVERSBONUS1000 | CVRBONUS1500 |
Bonus type | Bet and get | Bet and get | Second chance bet | Second chance bet |
Bonus form | Six (6) $25 bonus bets | $150 in bonus bets | One (1) $1,000 bonus bet | One (< $50) or five (> $50) bonus bets |
Wagering period | 7 days | 7 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
DraftKings Sportsbook is one of the industry's most well-rounded sports betting operators, offering 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 college football to snooker and darts, there's something for everyone at the DraftKings Sportsbook.
DK also makes our lists of the best F1 betting sites, best boxing sites, and UFC betting sites in 2024.
NFL bettors can check out our list of the best football betting apps, NFL prop bets, and the top Super Bowl betting sites.
Additional DraftKings promotional offers
In addition to welcome bonuses offered exclusively to new users, DraftKings Sportsbook 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 |
---|---|
MLB Early Win April | Win your moneyline wager if the team goes up by two or more runs at any point, even if they lose the game. |
No Sweat NBA Same Game Parlay | Opt-in and place an NBA SGP./SGPx during the 2024 Playoffs and receive one (1) No Sweat token if your wager is unsuccesful. Qualifying parlay must contain 3+ legs and have minimum odds of -500. |
All Sport Same-Game Parlay Insurance | Opt in every day to get a bonus bet when one leg of your 3+ leg same-game parlay loses. |
Refer A Friend. Get up to a $100 bet. | 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 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. |
DraftKings Casino promo
No DraftKings Casino promo code is required to claim DK's latest online casino welcome bonus. New users in Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia can secure $50 in Casino Credits instantly after creating a new account and placing $5 in casino wagers.
Wager $5 or more to earn $50 in Casino Credits instantly.
The Casino Credits promotion has a 1x wagering requirement, meaning you must play through the $50 bonus one time before withdrawing winnings.
You have seven days to meet the Casino Credits offer wagering requirements.
DK Horse promo
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 2024 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 available until May 26, 2024.
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 promo
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.
Choose from fantasy football, basketball, baseball, hockey, golf, MMA, Nascar, and more DraftKings Fantasy is among the best esports betting sites in 2024. 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.
Sign up with DraftKings Daily Fantasy Sports today to receive up to a $500 deposit bonus.
DraftKings sportsbook review
Tagged with an impressive Covers BetSmart Rating of 4.6/5 in our most recent review, DraftKings Sportsbook offers a safe and secure environment for sports bettors of legal age in regulated U.S. states. In addition, DraftKings provides unrivalled 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 from over 720,000 reviews.
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 users are saying about DraftKings Sportsbook's mobile offering:
"Great interface. Payouts are literally lightning quick. Great customer service. Best sportsbook 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
- X (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 2024:
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 25 states listed below. You can bet with DraftKings Sportsbook and claim the operator's sign-up bonus of $150 in bonus bets, but new users in Oregon and New Hampshire can claim a $100 sign-up bonus.
What's new: DraftKings Sportsbook entered the legal online North Carolina sports betting market on March 11, 2024.
State | Sign-up bonus | Launch date |
---|---|---|
Bet $5, get $150
|
September 2021 | |
Bet $5, get $150 | May 2020 | |
Bet $5, get $150 | October 2021 | |
Bet $5, get $150 | August 2020 | |
Bet $5, get $150 | October 2019 | |
Bet $5, get $150 | February 2020 | |
Bet $5, get $150 | September 2022 | |
Bet $5, get $150 | September 2023 | |
Bet $5, get $150 | January 2022 | |
Maryland | Bet $5, get $150 | November 2022 |
Massachusetts | Bet $5, get $150 | March 2023 |
Maine | Bet $5, get $150 | November 2023 |
Bet $5, get $150 | January 2021 | |
Up to $100 bonus bet | December 2019 | |
Bet $5, get $150 | August 2018 | |
Bet $5, get $150 | January 2022 | |
Bet $5, get $150 | March 11, 2024 | |
Bet $5, get $150 | January 2023 | |
Up to $100 bonus bet | January 2022 | |
Bet $5, get $150 | November 2019 | |
Bet $5, get $150 | November 2020 | |
Bet $5, get $150 |
January 2024 | |
Bet $5, get $150 | January 2021 | |
Bet $5, get $150 | August 2019 | |
Bet $5, get $150 | 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:
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 'risk-free' 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 loses.
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 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.
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 2024.
DraftKings promo code FAQ
As a new customer, deposit $5 or more and receive $150 in bonus bets when you place a $5 real money 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.
DraftKings does not require its new users to input a unique DraftKings promo code. Simply click this link to register with DraftKings and claim the welcome bonus.
Founded and based in the USA, DraftKings Sportsbook is now licensed in 25 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' to discover existing offers.
Michael Duchesne serves as content manager for Covers, with a focus on North America, its operators and players, and the evolving regulatory and responsible gambling environment. With over a decade of experience within the online publishing and gambling industry, Mike's background has helped him to develop a keen eye for reviewing and breaking down casino and sports betting sites. Mike works in concert with more than 100 top sports betting and iGaming operators and well-known brands, bridging the gap between user expectations and the goals of the partner. Driving the work: Ensuring that the Covers community of users and readers receive exclusive information and premium experiences personally reviewed by his team of experts around the globe. Publishing accurate, engaging, and helpful content is the hallmark of success and helps to fuel thriving betting communities.
Bet $5, Get $150