DraftKings Sportsbook Promo Code and Sign-Up Bonus

Check out Pickswise's full rundown of the DraftKings Sportsbook promo code, including how to get bonus bets, how to sign up, the key T&Cs and more.

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DraftKings is an incredible sportsbook that offers a wide variety of betting markets. Not only does DraftKings Sportsbook have pretty much every sport you can think of, but it also offers sign-up bonuses that are extremely valuable when beginning your sports betting journey.

In this article, we will be discussing the latest DraftKings promo code that is worth $150. Continue reading to learn how you can claim the DraftKings new user promo and get started betting with a reputable sportsbook.

๐Ÿ”ฅ DraftKings Sportsbook Promo Code: Claim Your $150 Sign-Up Bonus

If you have not yet tried DraftKings Sportsbook, now is the time to do so. There is an exclusive DraftKings promo code offer for new users that can be claimed by creating a new account ๐Ÿ”— through this link ๐Ÿ”—.

New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn 8 $25 bet credits from DK either way.

๐Ÿค‘ OfferBet $5, Get $150 in Bonus Bets Instantly
๐Ÿ’ฒWelcome Bonus$150
๐ŸŽPromo CodeNo Promo Code Needed
๐Ÿ”“RequirementsNew Users Only, 21+ & Located in Legal DraftKings State
โœ…Eligible Bet TypesAll Bet Types
โฐ Offer ExpiryAugust 28, 2024 at 11:59 PM ET

๐Ÿ’ฒ How to Claim the DraftKings Promo Code

The first step to claiming the DraftKings promo code is to become a member of DraftKings Sportsbook ๐Ÿ”— using this link ๐Ÿ”—. By using our link to join, you are automatically enrolled in the DraftKings promotion. Next, just follow the basic steps below to earn the $150 bonus.

  1. Click here ๐Ÿ‘ˆ๐Ÿผ and complete the registration steps by creating a DraftKings account
  2. Deposit just $5+
  3. Bet $5 at any of the many betting markets available at DraftKings Sportsbook
  4. Once the bet settles, you will receive bonus bets worth $150, in addition to any cash winnings from your first bet

Itโ€™s that easy. The best part of the promotion is that it doesnโ€™t even matter if your first bet wins or not, as the bonus bets is guaranteed. 

๐Ÿ’ฐ How to Use Your DraftKings Bonus

Once your first bet settles, you will see $150 in bonus bets in your DraftKings account. The bonus bets will be paid out as eight individual bonus bets. The bonus bets can now be used for your next wager at DraftKings Sportsbook. To use the bonus bets you have earned by claiming the DraftKings promo code, just follow these steps:

  1. Select the market for your next bet
  2. Add a bet to your bet slip
  3. Instead of populating the bet with a dollar amount, use one of your bonus bets instead
  4. Tick the bonus bet you wish to use
  5. Submit the bet

The bonus bets must be used within seven days, so be sure to use them quickly to capitalize on the reward.

๐Ÿค” Why Bet With DraftKings

There are many options available in the sportsbook market, but DraftKings is among the industry leaders. DraftKings has been in operation since 2012, way before sports betting was even legal. The company began as a Daily Fantasy Sports (DFS) operation, so the transition to becoming a sportsbook was fairly easy. Additionally, they have so many sports to bet on, including these major leagues and sports below:

DraftKings already had one of the best mobile apps, which was helpful when creating the DraftKings Sportsbook app. The app is one of the smoothest in the market and allows you to bet from the palm of your hand. 

In addition to the great mobile app and strong reputation, DraftKings also offers daily odds boosts for existing customers. The DraftKings promo code is only available for new customers, but DraftKings has various promotions for current users as well.

๐Ÿ‘ฅ Other DraftKings Promotions for Existing Customers

Itโ€™s important to know that DraftKings cares about existing customers as well. Current DraftKings users are not eligible for the DraftKings promo code, but they are able to claim any of the offers detailed below.

๐Ÿ‘ฅ Refer A Friend

DraftKings Sportsbook offers a friend referral bonus to all existing customers. With this promotion, you can receive up to $100 in bonus bets for each friend that you refer to sign up for DraftKings. You can refer up to five friends and depending on how much they deposit, you can earn bonus bets. If your friend deposits $25-49, you will receive $25 in bonus bets. For $50-99, your reward will be $50 in bonus bets. If your friend deposits $100 or more, you will receive $100 in bonus bets. 

โšก๏ธ Odds Surges

Existing DraftKings customers can also take advantage of Odds Surges that are offered for various events. For example, during PGA Tournaments, DraftKings Sportsbook offers odds surges. What this means is that if you bet on a golfer to win the tournament at +1200 odds, applying a +300 odds surge would give you +1500 odds on your selection.

โ˜„๏ธ Odds Boosts

DraftKings also offers odds boosts on Same Game Parlays (SGP) to current customers. With odds boosts, DraftKings will take SGPs and provide even better odds than a traditional parlay. You also can earn even bigger boosts for each additional SGP leg added.

๐ŸŽฏ Key Features of the DraftKings Promo Code

The current DraftKings promo code is among the most amazing promos we have seen from a sportsbook. As long as you are a new customer and are at least 21 years or older, you can partake in the DraftKings sign-up bonus. The reason we love this particular DraftKings promo code is that it has these incredible features:

  1. The minimum deposit is only $5
  2. Bonus bets are guaranteed, no matter if your first bet wins or loses
  3. Bonus bets appear instantly once your first bet settles
  4. Bonus bets can be used on a wide variety of different markets

The DraftKings promo code is only available for a limited time, so be sure to not miss out on these amazing features of the promotion and โ˜€๏ธ get started today โ˜€๏ธ.

๐Ÿ“ DraftKings Promo Code: Terms and Conditions

The first step to claiming the DraftKings promo code is simply to join DraftKings Sportsbook through our link. That simple step initiates the eligibility process. To remain eligible throughout the promotion and to receive your $200 in bonus bets, be sure that you meet the key terms and conditions of the DraftKings bonus code below.

  • New users only who are 21+ (18+)
  • Minimum qualifying deposit: $5
  • Minimum qualifying first bet: $5
  • Qualify bet can be on any market
  • Your first placed wager after registration will be your qualifying wager
  • Must be physically located in AZ, CO, IL, IN, MA, NC, OH, PA, WY or WV
  • Bonus bets issued as 6 $25 bet credits
  • All paid wagers qualify
  • Place a qualifying wager during the offer period
  • Bonus bets are single-use, non-cashable, non-withdrawable, and must be wagered 1x before any resulting cash winnings can be withdrawn, and stake is not included in winnings.
  • Bonus bets will be paid out within 24 hours of bet settlement
  • Bonus bets valid for seven days. For the avoidance of doubt, the seven day completion period is measured as 168 hours from the time the bonus bets are placed in the customerโ€™s sportsbook account. Failure to use the bonus bets will void the award.

๐Ÿง Do You Need a Promo Code to Play at DraftKings?

Claiming the DraftKings promo code is not a requirement to join DraftKings, but it certainly helps provide a boost to your starting bankroll. Remember, only new customers are allowed to claim this DraftKings promo code, but there are some lucrative promotions available for existing customers as well. 

To claim the DraftKings deposit bonus, you must sign up through our link. This promotion wonโ€™t be available forever, so โžก๏ธ click here โฌ…๏ธ to get started with DraftKings Sportsbook today.

๐Ÿ“ What States Can I Get the DraftKings Bonus in?

DraftKings is available in several states, but not all of them. Review the list of eligible states below to see if you can claim the DraftKings promo code.

If you see your state listed, ๐Ÿ‘‰๐Ÿผ click here ๐Ÿ‘ˆ๐Ÿผ to receive bonus bets by claiming the DraftKings promo code offer today.

FAQs

โ“ Does DraftKings have a referral bonus?

Yes, DraftKings Sportsbook has a referral bonus. For each friend you refer, you will receive a $50 bonus bet and $50 in casino credits. You can refer up to five friends for this bonus.

To claim the DraftKings promo code, all you need to do is sign up for DraftKings by clicking our link.

There is no official promo code needed to claim the current DraftKings promotion. Simply join through our link and follow the key terms and conditions of the DraftKings new-user promo.

Depending on the method, withdrawals take anywhere from one to seven days.

No, this DraftKings promo code is for new customers only. However, DraftKings Sportsbook has several offers for existing customers as well.

Phil Agius

Head of Production

Phil has been writing about the NFL and a host of other sports for the UK's top daily betting paper the Racing Post for more than 20 years. An incurable Browns fan (1-31 survivor), he also specialises in all kinds of motorsport betting including F1, MotoGP, IndyCar and NASCAR.

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