Claim $150 in bonus bets this month with the generous DraftKings promo code. All new customers who sign up and place a $5 bet can claim $150 in bonus bets, courtesy of DraftKings.
This article will discuss the DraftKings site, promo code, key features, and much more! Read on to learn more about how to claim one of the best welcome bonuses and promo codes in the sports betting industry.
21+. Gambling Problem? Call 1-800 GAMBLER.
What is the DraftKings Bet $5, Get $150 Welcome Promo?
New players who sign up for the DraftKings site or mobile app for the first time will be greeted with a welcome bonus of $150 in bonuses in exchange for a $5 qualifying bet. This is one of the best and most rewarding welcome bonuses we have seen in the sports betting industry; players are rewarded with $150 in bonuses available across all betting markets on the DraftKings site. The outcome of your qualifying bet does not determine whether you are awarded your bonus bets either; win or lose, the bonus bets will instantly be credited to your account. Now, for the best bit. No promo code is required in order for players to be eligible for this offer either! Simply click the link provided, sign up, place a $5 bet, and away you go!
How to claim DraftKings Promo Code
Follow these simple steps in order to claim the DraftKings promo code properly and successfully. First, if you wish to sign up and claim this offer for yourself, click here to be redirected to the DraftKings sign-up page.
This will then redirect you to the DraftKings sign-up page. From here, you must follow the on-screen instructions to create an account. This involves providing your personal information, such as your name, date of birth, and email address. From there, create a username and password combination. Then, sign in and make a minimum deposit of $10. From this $10, you must then place a minimum bet of $5. Wait for this bet to settle, and regardless of the outcome, your account will be credited with $150 in bonuses available to be used across all markets!
REVEAL DRAFTKINGS PROMO CODE HERE
DraftKings Legal States USA
DraftKings Sportsbook is legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
Terms and Conditions of DraftKings Promo Code
The promotional offer is valid between 7/1/2023 at 12:00:00 AM Eastern Time (ET) and 12/31/2023 at 11:59:00 PM. Eastern Time (ET) (the “Promotional Period”). Must be physically located in AZ, CO, CT, IA, IL, IN, KS, LA (select parishes), MA, MD, MI, NH, NJ, NY, PA, TN, VA, WY or WV. (“each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in NH/WY). To be eligible for the promotion, Sportsbook customers must: (1) be a new DraftKings Sportsbook customer, (2) must be physically located in an Eligible Jurisdiction and obtained the minimum age requirements, (3) must register and opt-in to the promotion by clicking on the appropriate select affiliate partner link/button, and (4) deposit a minimum of $5 into their DraftKings Sportsbook account (the “Qualifying Deposit”).
How to Place a Bet at DraftKings
Placing bets online can be daunting at first, and players who have never placed a bet before may need some help. In this section, we will discuss how to place a bet successfully and what are the best betting options available on the DraftKings site.
First, players must select the sport and selection they wish to place. From there, enter your stake, ensuring your account balance is sufficient for that wager. Then, click the “Place Bet” button, and away you go! Read below to learn more about the different types of bets available to players on the DraftKings site and app.
Moneyline
A moneyline bet is when you place a wager on the outcome of a game or event. For example, a bet on the New York Jets to beat the New York Giants in the NFL would qualify as a moneyline bet, as it only depends on the final outcome and result of the game. This is the easiest type of bet to understand for beginners.
Spread
Spread betting is similar to moneyline betting as it depends on the outcome of a game/event. However, a point spread is a number created by bookmakers to determine the gap between the favorite and the underdog. Due to spread betting rules, players must predict a game’s winning/losing margin to be paid out as a winner. For example, the Broncos could be a -3.5 favorite against the Jets, meaning the Broncos must win by at least 4 clear points to cover the spread and be a winning bet. Also, the Jets could lose by 3 points and still be a winning bet under the rules of the spread.
Total
A total bet is a popular and easy bet to place in the US sports betting scene. A total bet is when a player places a bet and predicts the total number of points scored in a game. For example, a sportsbook will make a prediction that a certain team or player will score a certain amount of points. The player must then predict whether there will be more, less, or the same number of points scored in that game. If this selection is correct, the player is paid out as a winner!
Live Betting
Live betting is one of the best and most popular types of betting, especially in the sporting world. Players are able to place live bets on events happening at the moment in time. With live betting, users are able to place wagers with updated odds that reflect the ongoings of the event at the time of placing the wager.
Parlay
A parlay is one of the most popular betting options for players betting on the world’s best sportsbooks. DraftKings allows players to place parlays on all of their favorite sporting events. A parlay is a bet that allows customers to place multiple selections under one bet, thus increasing the potential winnings. However, all of these selections must win in order for the player to be paid out. If one leg of a four-leg parlay lets the player down, the entire bet is lost.
Same-Game Parlay
As explained above, a same-game parlay works very similarly to a regular parlay. However, with a same-game parlay, the customer places multiple selections on the same game or event. This then allows players to place bets like who will score the most points, who will win the game, who will commit the most fouls, and more. Once again, every leg of the parlay needs to win in order for the player to be paid out as a winner.
Existing DraftKings Promotions and Offers
A wide selection of existing customer promotions is also available to those already registered with the DraftKings site or app. This next section will dive deeper into a few examples of existing customer promotions available on the DraftKings site and app.
Refer A Friend
One promo offered to customers already registered with DraftKings is the refer-a-friend promo. This is a great promo for those looking to earn themselves some extra bonus bets! Simply send a friend a unique sign-up link, and when they use it, both parties are rewarded with a $100 bonus to be used across all markets!
DK Squares
Those of you looking for a different type of wager, look no further than the DK Squares promo! This promotion is available to all customers registered with DraftKings and allows players to win some great prizes. They must predict the correct score and choose the corresponding square while betting on the NFL.
Why join DraftKings?
So, why should you join the DraftKings site? This next section will dive into some of the best features available to new and existing customers on the Draftkings site.
Existing Customer Promotions
As we have discussed earlier, the range of existing customer promos available to those already registered with the site and app is incredibly rewarding! DraftKings certainly values its existing customers as well as new customers. Therefore, after you have taken advantage of the welcome bonus, there is plenty of incentive to keep betting on the site.
Daily Fantasy Sports
A promo unique to DraftKings is the Daily Fantasy Sports promo. It consists of season-long fantasy sports condensed into a more exciting format! Each week is different, with some amazing prizes up for grabs!
Same-Game Parlays
Same-game parlays are yet another key feature available to all DraftKings site and app customers. As discussed earlier, same-game parlays are an incredible betting option for those looking to increase their potential winnings. This bet type allows players to select multiple wagers and place them all under one bet. However, all selections must be made in order for the bet to be paid out as a winner.
Competitive Odds
When deciding on which site to use, customers will look at the quality of the odds when judged against other sites. For example, one site may have odds of +120 on a certain selection, while another may have the same selection but at odds of +150. Therefore, the customers’ decision is essentially made for them!
Deposits and Withdrawals
Players at the DraftKings site and mobile app can choose from a wide selection of trusted payment methods. Therefore, customers can rest assured that their funds are safe and secure when making online transactions on the DraftKings site. Whether players are depositing additional funds into their accounts or withdrawing their winnings, players are able to do this without any fuss or stress.
Customer Service
The quality of customer service offered at the DraftKings site is among the best available on the market. In the unlikely event that players encounter a problem or issue when betting on the DraftKings site or app, they can contact a dedicated and hard-working customer service team that will work tirelessly to resolve any issues.
DraftKings App Review
Those looking to place their bets on the go and wish to access their betting information at the touch of a button look no further than the incredibly popular DraftKings mobile app. This app is available to download completely for free on both iOS and Android.
The DraftKings mobile app boasts a 4.8/5 rating based on over 600,000 reviews on the Apple App Store and a 4.6 rating based on over 110,000 ratings on the Google Play Store. This is the perfect app for those looking to enjoy a comprehensive betting experience on the go.
Gamble Responsibly
If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling:
- Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org
- CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY – Call 1-800-GAMBLER
- AZ- Call 1-800-NEXT-STEP
- IA – Call 1-800-BETS-OFF
- KS, NV – Call 1-800-522-4700
- MI – Call 1-800-270-7117 for confidential help
- MA – Call 1-800-327-5050
- NY- Call 877-8-HOPENY or text HOPENY (467369)
DISCLAIMER: The information on this site is for entertainment purposes only. Gambling comes with its fair share of risks, and it is important to recognize that when using online gambling sites.
While we review different gambling sites, you should check with local laws in your area before gambling online. Also, all gambling sites and guides are rated 21+ only.
The following free gambling addiction resources can be of help:
21+ Please Gamble Responsibly. Gambling Problem? Call or text 1-800-GAMBLER
NCPG – ICRG – Gamblers Anonymous – Gambling Therapy
FAQs
What is the DraftKings Promo Code?
No promo code is required to qualify for the DraftKings welcome promo. Simply sign up, and away you go.
Who can claim the DraftKings Promo Code?
DraftKings Sportsbook is available to players residing in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
How does the Bet $5, Get $150 DraftKings Deposit Bonus work?
New players signing up for the DraftKings site or app for the first time can claim a brilliant welcome offer that consists of $150 in bonuses in exchange for a $5 qualifying bet. Players who stake $5 on any sports betting market will receive $150 in bonus bets to use across all sports betting markets regardless of the outcome of their original stake.
Which states can I use the DraftKings Promo Code in?
DraftKings Sportsbook is legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
How old do users have to be to use the DraftKings Promo Code?
Users wishing to claim the DraftKings promo code offer must be aged 21 year
What does the DraftKings Promo Code do?
The DraftKings promo allows users to claim a whopping $150 in bonus bets in exchange for a $5 qualifying bet. These bonus bets can be used across all sports betting markets and will be credited to the player regardless of the outcome of their $5 bet.
