DraftKings, a popular online sports betting platform, is currently running an attractive promotion for new users. By signing up and depositing just $5, you can unlock $200 in bonus bets to enhance your betting experience.
This promotion is available across various states where DraftKings is legally operational, providing an exciting opportunity for sports betting enthusiasts.
To take advantage of this offer, simply register a new account and make an initial deposit of $5 or more. Then, place a $5 bet on any available market within the platform. Regardless of your bet's outcome, your account will be credited with $200 in bonus bets instantly.
These free bets need to be used within seven days, offering you a great chance to explore the platform and potentially boost your winnings. Enjoy this exclusive offer and experience the thrill of online sports betting with DraftKings!
Claim the DraftKings Bet $5 Get $200 Bonus
If you're a new customer on the hunt for free bets then you're in the right place. Claim the exclusive offer via this link.
DraftKings Promo Guidelines & Rules
Receive $200 in Bonus Bets by Betting $5
Here's how the Bonus Bets Promotion functions:
Active Period: Your Bonus Bets are valid for seven days, known as the "Play Through Period."
Expiry: If you don't use your Bonus Bets within the period, they will be invalidated.
Betting Requirement: You must wager your Bonus Bets at least once (1x).
Payouts: The initial Bonus Bet amount isn't included in your returns or winnings. For instance, if you place a $20 bonus bet with even odds and win, only the $20 profit is added to your account.
Applicability: You can use your Bonus Bets on all eligible DraftKings Sportsbook markets.
Steps to Claim the Bet $5 and Receive $200 DraftKings Promotion
Signing up for the DraftKings promotion is super straightforward, below is a step by step guide.
Step 1: Sign up for DraftKings
Create your account on the DraftKings platform to start.
Step 2: Deposit a Minimum of $5
Ensure you deposit at least $5 into your account. DraftKings accepts various payment methods, including PayPal, Visa, Mastercard, American Express, and online bank transfers.
Step 3: Wager $5 and Obtain $200 in Bonus Bets
Place a $5 bet on any NFL, NBA, NHL, or CFB game you prefer. Regardless of the outcome, you'll receive $200 in bonus bets.
Step 4: Enjoy Daily Promotions in the App
Upon signing up for DraftKings, you'll also be eligible for daily in-app promotions like stepped-up parlay tokens, adding extra value to your sports betting experience.
Daily DraftKings Promotions
NBA Offers
Enhanced NBA Parlays - Get one (1) Enhanced Token for every 4+ leg NBA Parlay, SGP, or SGPx you place. Use it to build your NBA Parlay, SGP, or SGPx with minimum odds of -500 or longer per leg and enjoy up to a 100% Profit Boost.
NBA Profit Boost - After opting in, you'll receive one-time usage of a 50% Profit Boost on any NBA bet.
College Basketball Deals
Stepped-Up College Basketball Parlay - Obtain one (1) Stepped-Up Token for a 3+ leg NBA Parlay, SGP, or SGPx. Build your NBA Parlay, SGP, or SGPx with minimum odds of -500 or longer per leg, and increase your profit boost percentage with each additional leg:
Number of Legs | Profit Boost |
|---|---|
3 Legs | 20% |
4 Legs | 25% |
5 Legs | 30% |
6 Legs | 40% |
7 Legs | 50% |
8 Legs | 65% |
9 Legs | 80% |
10 Legs | 100% |
Want some tips on where to place your basketball bets? Check out our free picks below.
- The National Basketball Association (NBA) is the dominant force in the global basketball industry. It attracts tens of millions of viewers every season and thousands of passionate bettors.
Stephen AbiolaDecember 21st, 2023 - NBA props bets are some of the most entertaining types of wagers that bettors can place because of the variety. With props bets, you don’t need to pay attention or worry about the outcome of a game. Instead, you can use these types of bets to predict and guess whether the two teams will score 25 points in the first quarter, which players will have a triple-double, will a certain player make 4+ three-pointers, etc.Stephen AbiolaDecember 21st, 2023
- his way, bettors have cumulative odds value from multiple legs, which can generate bigger payouts with smaller stakes.
Jonathan LambOctober 25th, 2023 - The world of NBA betting has grown tremendously over the years, with more fans and bettors getting involved in the thrilling action of predicting game outcomes.Jonathan LambDecember 7th, 2023
- As the popularity of basketball increases across the globe, more and more people are betting on the sport. NBA betting sites show their appreciation for basketball gamblers by offering free bets, competitive NBA odds, and other betting features. From our review, we can say that the overall best NBA betting site is DraftKings Sportsbook. They offer the best promotions and enable mobile betting with responsive customer support. Check out our list of other reputable and legal betting sites, and sign up with any of them to enjoy a premium NBA betting experience.
Olufifun AdelekeDecember 7th, 2023
Soccer Offers
Stepped-Up Soccer Parlay - Boost your payout with each extra leg in your soccer parlay! Use a Stepped-Up Token on a paid 3+ leg Soccer parlay, SGP, or SGPx bet with minimum odds of -500 or longer per leg (-400, +100, etc). Boosts range from 20% on a 3-leg parlay to 100% on a 10-team parlay.
Looking for some tips when putting together your soccer parlay? Check out some of our expert picks below.
Fans and bettors everywhere are excited and ready to watch and bet on one of the biggest football events in the world.Jonathan LambDecember 21st, 2023- With numerous matches per season, there are many betting options for interested bettors. All bookies have a list of the best EPL bets, but we’ve extracted the best EPL bets this week to ease the search for you!Jonathan LambOctober 26th, 2023
- The summer break is a time for a roster tune-up and coaching changes. However, sportsbooks already provide odds for the next champion or who will get relegated. Some of these futures bets offer options for formulating the best EPL parlays.Jonathan LambOctober 26th, 2023
- Sportsbooks are eagerly working on betting options for the upcoming 2023-24 season, scheduled to start in August.Jonathan LambOctober 26th, 2023
- In today’s guide, we’ll take a look at the best MLS parlays bets this week, so you can bet smart and increase your winnings, quite literally.Jonathan LambOctober 26th, 2023
- MLS prop bets let you bet on more than just the final result of the match. Check out our guide to the best MLS props bets this week.Jonathan LambOctober 26th, 2023
If you're looking for a rundown of upcoming Major League Soccer be sure to bookmark this page. Here, you'll find information on the best bets to make, the most favorable MLS betting odds, and the latest bonuses available to use on each game.Jonathan LambMarch 26th, 2024
Soccer is becoming a big deal in the US, with fans all over the country and more people loving it more and more every day.Stephen AbiolaFebruary 13th, 2024
Invite-a-Friend Rewards
Invite your friends to join DraftKings and earn up to $100 in bonus bets for each successful referral. This promotion is a fantastic opportunity for you to enjoy extra benefits while introducing friends to the excitement of DraftKings Sportsbook.
What's the $200 Bonus on DraftKings?
The $200 bonus on DraftKings is an attractive offer, designed especially for new members. By placing a minimum first bet of $5, newcomers are immediately granted with $200 in bonus bets to explore a wide range of betting possibilities on the platform.
The bonus is divided into eight $25 bets, giving a significant boost to a new user's betting options. Such a promotion not only makes the beginning experience richer but also serves as a great chance for users to get acquainted with the diverse betting opportunities available on DraftKings.
No need for a promo code — simply click a link on this page to access the offer.
Where Should I Go to Enjoy This DraftKings Bonus?
DraftKings makes their services accessible in multiple states, including Arizona, Colorado, Connecticut, Illinois, Iowa, Kansas, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
If DraftKings is legal in your state then simply head to the DraftKings website to claim the bonus.
How to Rate this Free Bet Offer
To evaluate this promotion's customer value, consider the following points:
Comparison with similar promotions
Although other sportsbooks like BetMGM and FanDuel have bet-and-get offers, none are as attractive as DraftKings' 40/1 odds boost. Bet365 provides a Bet $1 and Get $200 deal, but it's limited to Colorado and New Jersey, whereas DraftKings accommodates users in more than 15 states.
Efforts to Maximize the Bonus Value
The process couldn't be simpler. Make a unique $5 deposit on DraftKings, and you'll be rewarded with $200 in bonus bets.
An Overview of Terms and Conditions
With the bonus disbursed as 8 x $25 bets, players are given seven days (168 hours) to use them.
Our verdict? This is an outstanding bonus from beginning to end. Although the seven-day time frame for using bonus bets might be tight for some, the $200 bonus is exceptional considering the minimal $5 risk, resulting in a 40/1 return.
About DraftKings Sportsbook
DraftKings Sportsbook emerged from its beginnings as a daily fantasy sports website in 2012 to become a reputable online sports betting platform for both new and seasoned bettors. This US-based company provides a user-friendly app and offers a plethora of betting markets to its customers.
Upon signing up with DraftKings, you can place bets on a wide selection of games and leagues. The sportsbook offers traditional betting markets like moneyline, as well as parlay and same-game parlay options. By combining multiple markets into a single bet, you can potentially earn a higher payout if your bet is successful.
The platform ensures a seamless and secure experience, offering multiple convenient deposit methods and prompt withdrawals. DraftKings covers a vast range of sports events, providing numerous betting opportunities throughout games and for future outcomes.
While the site's main welcome offer has somewhat higher wagering requirements than some competitors, they compensate with a variety of bonus bets, contests, and limited-time promotions.
If you're interested in finding out more about DraftKings then check out our in-depth review of DraftKings Sportsbook.
DraftKings Sportsbook Features | Information |
|---|---|
Mobile App Availability | Yes (iOS and Android) |
Sports Betting Markets | NFL, NBA, MLB, soccer, golf, MMA, and more |
Types of Bets Offered | Moneyline, point spread, over/under, prop bets, futures, parlays, and more |
Live Betting | Yes, including in-play wagering |
Loyalty Program | Yes, Dynasty rewards program |
Refer-a-friend Program | Yes, reward depends on the referral product |
Payment Methods | Online Banking, VIP Preferred, PayPal, Credit and Debit Cards, Cash, Venmo, Wire Transfer via MVB Bank, Electronic Gift Card, DraftKings Gift Card |
Customer Support | Email, live chat, and FAQ section |
Responsible Gambling | Tools for setting limits and self-exclusion |
Security | SSL encryption and robust data protection measures |
Disclaimer: 21+ and present in a legal state. Gambling problem? Call 1-800-GAMBLER
