Review Draftkings Bonus:

Draftkings Bonus

Bet $5, Get $150

Draftkings Bonus Overview

New customers on DraftKings can claim a No Sweat Bet of up to $1,000 when they sign up and place a $5 bet.

  1. Learn more about the DraftKings Bonus

We will extensively cover these offers and also beam our searchlight on other promotions available for existing customers.

Draftkings new customer no sweat bet

The Draftkings New Customer Bonus

How to Claim the Draftkings No Sweat Bet Bonus

  1. Sign up on DraftKings
  2. Make a $5 deposit
  3. Wager $1+ on any sports
  4. Get your bonus within 24 hours of losing your first bet

Draftkings Bonus score

  • Generous sign up bonus available
  • Low minimum deposit
  • No odds requirements
  • Low bonus amount
  • Requires a qualifying bet
Bonus offer
9/10
Betting variety
10/10
Mobile experience
9/10
Payment options
9/10
Betting experience
10/10
Support
9/10
Summary
9/10
Draftkings Bonus quick facts
Website sportsbook.draftkings.com
Game TypesSportsbook, daily fantasy, casino
Deposit methodsVisa, MasterCard, American Express, and Discover Card, PayPal, ACH, Wire, Cash (where available)
Withdrawal methodsPayPal, ACH, Cash (where available)
Odds providerSBTech
AppsiPhone, Android
Support24/7 live chat, contact form, email
OwnerDraftKings
Founded Year2012
HeadquarterBoston, Massachusetts
Bonus CodeNo Code

Draftkings Bonus: All You Need To Know

DraftKings has moved on from being a hugely popular fantasy platform to being one of the major players on the online betting scene.

DraftKings is now a massive Sportsbook with a bonus offer for new players and existing customers.

New players on DraftKings sportsbook is a No Sweat Bet that guarantees up to $1,000 in bonus after if the first bet is lost.

The bonus will be awarded within 24 hours of losing the qualifying wager.

🔝What We Like About The Draftkings Bonus

Having examined the Draftkings bonus, we have found a few reasons why we like the offer and why players should go for it.

We have listed a couple of reasons below:

👍 Draftkings Bonus Stand Out Features

🎉 High Bonus amount

As it stands, DraftKings offers one of the biggest sign up bonuses in the American market. Their $1,000 offer is a rarity with only Caesars offering the same amount. Mostly, other sportsbooks gives new players bet and get offers with considerably lower bonus amount.

🎁 Bonus is easy to claim

Another reason why we are drawn to the DraftKings bonus offer is that the bonus is easy to bag.

All a new player has to do, is sign up, make a $5 deposit, and wager at least $1. If the qualifying bet is lost, the player is guaranteed to get the stake back.

❌ No odds requirements

Usually, minimum odds are conditions for claiming a bonus, but that is not the case with the DraftKings welcome bonus.

To be eligible for the bonus, you only have to place a qualifying bet with no odds stated.

As long as you wager on any pre-game moneyline with a winning outcome, you will get your bonus.

✖️ What We Do Not Like

We have highlighted the very best features of the DraftKings bonus. However, there are a few areas where the offer could be improved.

🔻Draftkings Bonus Shortcomings

🕰 Short validity period

One drawback of the DraftKings bonus is the validity period. While the bonus amount is good and relatively easy to claim, the validity period of the bonus leaves much to be desired.

Players only have seven (7) days to use the bonus or forfeit. The seven days are not long enough for new players to make calculated use of their bonus especially when they have earned a high bonus.

☹️ Bonus is for one time use

Another shortcoming of the bonus is that it can be used once irrespective of the amount. Unlike the previous offers where the bonus bets have been split and enabled multiple uses, the current bonus regime requires players to use their bonus at once.

Dennis Johnson
Dennis Johnson Editor

Dennis' Thoughts

Bonuses are a nice way of starting out wagering on a Sportsbook especially for a new customer.

Players are guaranteed to get off to a good start with the bonus offers available on DraftKings.

With the $1,000 bonus bets, new customers have another chance to have a crack at claiming a big payday.

Draftkings Sign Up Bonus

New to the DraftKings sportsbook? There is a whole world of goodies waiting for you. As a new customer, you can claim a signup bonus worth $1,000.

To claim this offer, you must make a minimum deposit of $5 and place a bet on any sport of your choice.

If your bet is settled as lost, you will be rewarded with your stake back as a bonus.

You will be credited with the bonus within 24 hours of losing your qualifying wager.

But remember, the sign-up bonus can not be withdrawn, but you can withdraw winnings from bets placed with the bonus.

How to Get the Draftkings Bonus

We are going to show you how to claim the Draftkings bonus with the following steps:

1
Sign Up on DraftKings

Looking to claim the DraftKings bonus? The first step you’ve got to take is to sign up on the Sportsbook.

To sign up, you will need the following details:

  • Full name
  • State of residence
  • Date of birth
  • Address
  • Email address
  • Social security number

Follow this link to sign up on Draftkings.

Draftkings Sign up
2
Make a Deposit on DraftKings

As with most bonuses, you have to make a deposit in order to claim a bonus.

So, to get yourself closer to claiming a bonus you have to make a deposit.

There are several payment methods available and you can choose any of the following for funding your account:

  • Visa
  • MasterCard
  • American Express
  • Wire
  • Paypal
  • Online banking
Draftkings Payment
3
Place a Bet on DraftKings

After making a deposit, the next step in the series is to place a qualifying bet.

The qualifying bet is straightforward and should not pose any problem even if you are new to online betting.

You are required to place a minimum of $5 wager on any pre-game moneyline.

Once the bet is settled, you will get your bonus.

There are quite a number of sports you can wager on. Some examples are:

  • Basketball
  • Soccer
  • Football
Draftkings Betslip
4
Get Your DraftKings Bonus

If you manage to get to this point, it means two things:

Your bet is settled as lost, and you are in line to claim your bonus.

Remember, the bonus is capped at $1,000 and you can only use it once.

You cannot withdraw the, so, the only realistic option is to place wagers with the bonus cash for more profit.

You can wager on any sport of your choice.

Draftkings no sweat bet
DraftKings Sign Up Bonus Terms & Conditions
  • The minimum deposit is $5
  • The offer is available to new users only
  • Bonus bets are only valid for 7 days
  • You must be at least 21 years of age

For more terms and conditions, visit the Draftkings website.

Is there a promo code for DraftKings Bonus?

It is not uncommon for Sportsbook to offer players bonus codes to claim Sportsbook bonuses.

However, not all Sportsbooks offer bonus codes.

An example is DraftKings, they do not offer special bonus codes for players to claim the bonuses available on their platform.

Sport bonus:

Bet $5, Get $150

Turnover: 1x Bonus Amount Lowest odds: No minimum odds Bonus code: No Code

How to Use Draftkings Bonus

Using the DraftKings bonuses is quite simple.

For the No Sweat Bet Bonus, you can not withdraw it, and we have established that you can only place wagers with the bonus. So, go ahead and place a wager with your bonus. However, remember to put your best leg forward, so you can make the most of the bonus.

Draftkings Bonus vs Others

In this section, we are going to test how the Draftkings bonus offers compare to some of the offers from other top Sportsbooks around the States.

We are going to consider factors like bonus amount, validity period and many more.

DraftKings Bonus Vs The Rest Draftkings Bonus Bet365 Bonus FanDuel Bonus BetMGM Bonus
Bonus Amount$1,000$2000 or $150$150$150
Validity period7 days90 days7 days7 days
Minimum deposit$5$10$5$5
Claim row (custom compare block translation) CLAIM CLAIM CLAIM CLAIM

Draftkings Promos

The DDraftKings Sportsbook is not only reputed for a wide range of sports, it is also solid with a few promotions.

Let’s take a look at some of the promotions available on Draftkings:

🧧 Draftkings Promotions

1. Draftkings Refer A Friend

Old DraftKings customers can get up to $25 in bonus bets for both themselves and their legion of Friends for convincing them to join Draftkings.

Existing players only have to get a referral link and have their friends use the link to sign up on DraftKings. The referred players have to be new Referrals and first-time depositors. They are also expected to deposit a minimum of $25.

With a deposit of $25 from the referral, both the referral and the referee will be rewarded with one (1) $25 bonus bet. If the referral makes a deposit of $25-$49 both the referral and the referee will get one (1) $50 bonus bet.

In the same vein, If the referral makes a deposit of $100 or beyond, both the referral and the referee will have a $100 bonus bet as their reward. Old Players can refer not more than five (5) friends per time.

2. Daily Free to Play Pools

Players have the chance to win prizes in everyday pools without spending any money.

Players only have to make picks and win cash prizes.

3. Odds Boost

Players on DraftKings can enjoy enhanced odds on certain bets regularly.

With this Odds boost, players can get more value from their wagers.

The Odds boost is usually indicated by the odds of pre-match events.

4. DraftKings Dynasty Rewards

The DraftKings Dynasty Reward is a program that gives loyal customers of DraftKings various rewards. When a player sign-up on DraftKings, the player is automatically entered into the rewards program.

For every Cent spent in wagering, on the Sportsbook or other products, they get Crowns and Tier Credits.

With more stake, the more the Crown and Tier Credits players get. The total amount of Crowns and Tier Credits earned are dependent on factors such as wager amount bet types, as well as odds.

Accrued Crowns can be redeemed at Dynasty Stores, meanwhile, Tier Credits give players the chance to move to unlock new levels with nice rewards and gifts.

5. DraftKings NFL Promo

If you like to wager on the NFL, there is an opportunity to take advantage of the various DraftKings NFL Promos which are available to both new and old players.

Draftkings Casino Bonus

100% Up to $2,000

If you like to try your hands on the casino, there are a few incentives to encourage you to sign up.

New players can enjoy a bonus of up to $2,000 for new players in the Draftkings casino, with the minimum deposit pegged at $5.

Just like the Draftkings bonus, your first deposit in the casino is matched over time till you reach the $2,000 mark.

Once you meet the play through requirements, your bonus will be available on the Draftkings casino.

Note that both the deposit and bonus amount are to be subjected to a 15x playthrough, and the bonus has to be used within thirty (30) days.

Remember, you can not withdraw the bonus or transfer to the Sportsbook.

There is also a deposit match up to $100 offer which also has a minimum deposit of $5.

Claim 150$ offer
Draftkings Bonus States

In case you are wondering where you can claim the Draftkings bonus, the states where the bonus is legal are stated below:

  • Arizona (Sportsbook)
  • Colorado (Sportsbook)
  • Connecticut (Sportsbook & Casino)
  • Illinois (Sportsbook)
  • Indiana (Sportsbook)
  • Iowa (Sportsbook)
  • Kansas (Sportsbook)
  • Louisiana (Sportsbook)
  • Michigan (Sportsbook & Casino)
  • New Hampshire (Sportsbook)
  • New Jersey (Sportsbook & Casino)
  • New York (Sportsbook)
  • Oregon (Sportsbook)
  • Pennsylvania (Sportsbook & Casino)
  • Tennessee (Sportsbook)
  • Virginia (Sportsbook)
  • West Virginia (Sportsbook & Casino)
  • Wyoming (Sportsbook)

Residents of Colorado, Illinois,Iowa, Mississipi, New York, Pennsylvania and New Jersey have access to physical in-person.

Remember, you have to be 21 and over to play.

Draftkings Bonus FAQs

🎁 What is the DraftKings Sign Up Bonus Offer?

The offer is a No Sweat Bet Offer for up to $ 1,000 for new players. After signing up, new players are required to make a $5 deposit and place a wager with at least $1. If the bet is lost, the player will be given a bonus equal to their stake up to a maximum of $1,000.

💝 What is the maximum Draftkings sign up bonus?

The maximum bonus amount is $1,000.

🎀 Are there other bonus offers on Draftkings?

Yes! There are offers like Refer A Friend offer for existing customers.

😕 Where is the Draftkings bonus legal?

The Draftkings bonus is legal in the following states:

Here is a list of states where the draftkings bonus is legal.

💳 What is the minimum deposit amount to get the Draftkings bonus?

The minimum is $5

Can i withdraw my Draftkings sign up bonus?

No! You can not withdraw the bonus. However, you can withdraw the winnings accruable from bets placed with the bonus.

Learn more about the Draftkings sign up bonus.

21+. Gambling problem? Call 1-800-327-5050
Best Sportsbook offers
Company Bonus TextAction
Up to $1,000 First Bet Back on Caesars
Bet $5 Get $150
If Your Bet Wins
Bet $5, Get $150
Bet $5, Get $150 or $1,000 First Bet Safety Net
Second Chance Bets Up To $500
Up To $1,500 In Bonus Bets
If Your First Bet Is Lost
No Sweat First Bet Up To $105
$100 No Regret First Bet
Up to $250 in Matched Bets
Over Your First 5 Weeks
Get Cash Back Up To $300
Use Promo Code BETBST

Draftkings Bonus review

Draftkings Bonus sportbonus

Bet $5, Get $150

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