The DraftKings Promo Code offers an incredible Bet $5, Get $150 in Bonus Bets Instantly. In addition to this superb offer, users can look forward to incredible site features, including a vast range of niche and popular betting markets, top-notch software, and an exemplary user experience.
Last updated: 7 April 2025, 09:06AM
To redeem the generous DraftKings promo code and create your sportsbook account, keep reading to learn more how to this exceptional sports betting promo works.
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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, $150 in Bonus Bets will be credited to your account, ensuring you have adhered to all requirements.
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 in Bonus Bets Guaranteed.
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
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.
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.
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.
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.
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.
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.
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.
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.
Payment Option | Eligible for Deposits | Eligible for Withdrawals |
PayPal | ✅ | ✅ |
Skrill | ✅ | ❌ |
Play+ | ✅ | ✅ |
eCheck | ✅ | ✅ |
Check | ❌ | ✅ |
Online Banking | ✅ | ✅ |
Venmo | ✅ | ✅ |
Visa | ✅ | ❌ |
Mastercard | ✅ | ❌ |
Amex (NJ only) | ✅ | ❌ |
Debit Card | ✅ | ✅ |
Bank Wire | ✅ | ✅ |
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