DraftKings Promo Code and Bet $5 Get $150 in Bonus Bets if your First Bet Wins

DraftKings Promo Code Overview

DraftKings Promo Code Terms & Conditions 

21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resorts (KS). 1 per new customers. Min. $5 deposit. Min. $5 bet. Maz. $150 issued at non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings.

How to Claim the DraftKings Promo Code

Bettors looking to redeem the lucrative DraftKings promo code will be pleased to hear that it is straightforward to claim and offers generous bonus offerings. To be eligible for the promotion, players must be 21+ and residing in a legal state. Follow our step-by-step guide below to get started. 

• To get started with the incredible DraftKings Sportsbook, select the link within this article to access the DraftKings site. 

• Once on the interface, select ‘Sign Up’ to begin registration. Here, you must enter all the required information, including your full name, email address, and login details. DraftKings will protect all user data.

• To verify your DraftKings sportsbook account, click the link sent to your email inbox from the brand. 

• To begin redeeming the offer and completing sports bets at the site, you must fund your DraftKings account. This can be done through the cashier section of the site. Follow all on-screen instructions.

• Once you have successfully funded your account, complete a minimum deposit of $5 and a wager of at least $5 on a sports market of your choice. 

• Once you complete these steps, the bonus will be credited to your account, ensuring you have adhered to all requirements.

DraftKings Legal States in theUS

For many players, online sports betting is still widely restricted across the US due to local gambling laws and legislation. However, players residing in the following states can enjoy the incredible features of the DraftKings sportsbook, including the incredible promo code of Bet $5, Get $150 If Your Bet Wins.

• Arizona 

• Colorado 

• Connecticut

• Illinois

• Indiana

• Iowa 

• Kansas

• Kentucky

• Louisiana

• Maryland

• Massachusetts 

• Michigan

• New Hampshire

• New Jersey

• New York

• North Carolina 

• Ohio

• Oregon

• Pennsylvania

• Tennessee

• Vermont

• Virginia 

• Washington D.C.

• West Virginia

• Wyoming

Comparison of the Top US Sportsbook Promo Codes

Leading Betting Markets at DraftKings Sportsbook

A standout quality of the DraftKings sportsbook is the vast library of sports betting markets. Players will no doubt find a sport suited to them to place wagers on. Our experts have explored in further detail the leading sports betting markets at the DraftKings Sportsbook. Keep reading to find out more.

UFC

Bettors looking for wager opportunities on the UFC (Ultimate Fighting Championship) are in luck. DraftKings Sportsbook provides comprehensive coverage of the UFC, presenting several betting opportunities. Some key bet types at DraftKings include moneyline bets and over/under bets. Moneyline bets are where bettors can predict the outright winner of the fight. 

This is one of the most popular bet types due to its simplicity. Prop bets are great for bettors who feel confident in their UFC knowledge, as players can place bets on knockouts and submissions. DraftKings also offers live betting for an immersive feel. 

MLB

Major League Baseball is another key betting market at DraftKings. Therefore, bettors will be pleased to find several betting types, each with different outcomes. More information is provided below: 

• Moneyline Bets: Predict which team will win the baseball game.

• Player Props: Betting on individual player performances. This includes total hits, home runs, or strikeouts.

• Run Line Bets: Where players bet on a team to win by a certain margin or not lose by more than that margin. This is typically set at 1.5 runs. 

• Live Betting: With dynamic odds, users can place bets in real-time as the game unfolds.

• Totals (Over/Under): Wagering on whether the combined score of both teams will be over or under a specified number set by DraftKings.

• Parlays: Multiple bets combined into one, increasing potential payouts but also the risk.

NHL

DraftKings provides extensive coverage on the National Hockey League, so fans can choose from various betting types. Some examples include moneyline bets, puck line bets, and over/under bets. Puck line bets are similar to point spread bets, and they allow bettors to place wagers on a hockey team's margin of victory of defeat. 

If users wish to place bets on specific players rather than a team in general, they will enjoy player prop bets, which focus on individual performances. Real-time wagers can be placed through live betting for an interactive experience. 

NBA

The NBA betting market at DraftKings is extremely impressive, flaunting various wagering options to enhance your basketball sports betting experience. Some key bet types include:

• Moneyline Bets: Wager on which team will win the game outright.

• Point Spreads: Bet on the margin of victory, where favorites give points and underdogs receive points.

• Live Betting: Place bets in real-time as the game unfolds, with constantly updated odds.

• Totals (Over/Under): Predict whether the combined score of both teams will be over or under a set line.

• Player Props: Bet on individual player statistics, such as points, assists, or rebounds.

NFL

Perhaps one of the most prevalent sports betting markets across the US is the NFL. With this year's Superbowl well underway, there are more and more betting opportunities for users. Some bet varieties that players can choose from include moneyline bets, where users predict the winning team, and point spread betting, which involves wagers being made on the margin of victory. 

Users who are particularly knowledgeable about certain team players can complete player prop bets on aspects such as passing yards or touchdowns. To enjoy the action in real-time, users can also enjoy live betting on the NFL at DraftKings.

Bet Types at DraftKings Sportsbook

• Spread Bets - One of the most popular bet types available on sports markets at DraftKings is spread bets. Spread bets are where users wager on the margin of victory in a game of match instead of just picking an outright winner. The favorites in a game will give points, and the underdog will receive points. The favorite must win by more than the points specific by DraftKings to be successful, whereas the underdog can either win or lose by fewer points than the spread.

• Over/Under - Another leading bet type at DraftKings is over/under betting. Essentially, this is where bettors will wager on whether the combined score for both teams will be over or under the predetermined score set by DraftKings. This bet type is available on all major sports betting markets at the site, including basketball, hockey and football. Over/under betting allows players to focus on the overall game performance rather than individual teams.

• Moneyline - Moneyline bets at DraftKings Sportsbook are straightforward wagers where users simply pick which team or player they think will win a game or match outright. Unlike spread bets, money line bets don’t consider the margin of victory, just the winner. Favorites are marked with negative odds, indicating how much you need to bet to win, while underdogs have positive odds.

• Prop Bets - Prop bets focus on specific events or outcomes within a game/ match, rather than the final result. These bets can cover a variety of scenarios, such as player performance (e.g., total points scored, touchdowns, or rebounds) or team achievements (e.g., total turnovers or first team to score). Prop bets add excitement and flexibility, allowing bettors to engage with unique aspects of the game beyond traditional wagering options.

• Futures - The future bet type at DraftKings involves wagering on long-term outcomes of a sports season or tournament. These bets are placed well in advance of the event's conclusion and typically include predictions like championship winners, MVP awards, or division leaders. For example, you can bet on which team will win this year's Super Bowl or which player will be named NBA MVP. Futures offer high potential payouts due to their long-term and unpredictable nature.

• Live Betting - Players looking for an immersive betting experience will be pleased to hear that DraftKings provides live betting options. Also referred to as in-play wagers, users can place bets on sporting events as they happen in real-time. With constantly updating odds, players can bet on outcomes like the next team to score, updated point spreads, or totals. This bet type presents a dynamic betting experience.

• Parlays - At DraftKings Sportsbook, a parlay bet combines multiple individual bets into a single wager. To win, all selections within the parlay must be correct. While the risk increases with each additional leg, the potential payout is significantly higher compared to placing each bet individually. Parlay bets can include money lines, spreads, totals, or props across various sports, offering bettors the potential to earn exciting prizes with a single wager.

Payment Methods at DraftKings Sportsbook

In order to place exciting wagers and claim lucrative bonuses at DraftKings, players will be required to have a funded account. Fortunately, DraftKings offers a plethora of reliable and easy-to-use banking options to complete sportsbook deposits and withdrawals. The available methods of payment are listed below. 

Frequently Asked Questions (FAQs)

What is the DraftKings Promo Code?

New bettors who create an account with DraftKings can currently claim the welcome bonus of Bet $5, Get $150 If Your Bet Wins. Redeeming this offer is highly straightforward, allowing users to access the potential rewards within minutes. Players must be aged 21+ and located in an eligible state to redeem the DraftKings bonus. No promo code is required also. 

Is DraftKings Legal in the US?

DraftKings is restricted across parts of the US, so our experts have listed below the legal states so players understand if they are eligible to play at DraftKings:

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, Washington D.C., West Virginia, and Wyoming.

Can I Trust DraftKings Sportsbook?

Our readers can rest assured that DraftKings is entirely reliable, meaning players can enjoy a secure gaming experience. The site has received valid licensing and certification from leading authorities such as the New Jersey Division of Gaming Enforcement and the Pennsylvania Gaming Control Board, which proves that it has met all requirements to be legitimate. Additionally, SSL technology protects players' personal and financial data.   

Does DraftKings have a Mobile App?

Players who prefer to wager on the go will be pleased to hear that DraftKings is fully mobile-compatible. The brand provides an optimised mobile site that can be accessed through a mobile browser and a dedicated mobile app for iOS and Android. The DraftKings app can be downloaded via the App Store and Google Play. 

Responsible Gambling

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

• KY – Call 1-800 GAMBLER, 18+

• MI – Call 1-800-270-7117 for confidential help

• MA – Call 1-800-327-5050

• NC – Call – 1-800-662-4357

• 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