DraftKings is a pioneer of the iGaming industry, boasting an impressive selection of sports betting markets, competitive odds, and a user-friendly design. However, in this DraftKings bonus review, we are focusing our efforts on discussing the latest welcome offer.
Without needing to enter a DraftKings bonus code, you can claim $150 in bonus bets when you place your first $5 bet. Of course, you’ll need to stick around to find out whether the terms suit your usual activity. Along the way, you’ll also learn more about the ongoing perks and its impressive Dynasty program. Let’s begin.
Quick Facts
| Welcome Bonus |
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
|
| Has Self-Exclusion |
no
|
| Slot Providers |
Red Tiger, NetEnt, Microgaming, The Games Company, Evolution Gaming, IGT
|
| Live Casino |
no
|
| Free Play available |
yes
|
| Partial Cash Out |
no
|
| Live Streaming |
yes
|
| Cash Out |
yes
|
| Mobile Live Streaming |
yes
|
| Create your own contests |
yes
|
| Live Betting |
yes
|
| Mobile Statistics |
yes
|
| Gaming Licence |
Virginia (US) Lottery Board
|
| Deposit time |
instant
|
| Support Types |
E-Mail, Live Chat, Hotline
|
| Available States |
VA, AL, AK, AZ, AR, CA, CO, CT, DE, FL
+34 more, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, DC, WV, WI, WY
|
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DraftKings: A quick overview of what to expect from one of the best sports betting platforms in 2025
It is important to remember that a new customer offer is just one piece of the selection process. As you’ll soon see, DraftKings does a great job of introducing new members to the site; however, they have plenty of additional perks and features that help them stand out from the pack.
Based on our latest review, we would be quick to suggest that DraftKings has one of the busiest sports betting lobbies around. All popular sports leagues, including the NFL, NHL, MLB, and NBA, are all covered. Plus, you’ll find some niche markets that are rarely found elsewhere.
Odds are competitive, betting limits are inclusive across the board, and you’ll even find that you can fund the experience for as little as $5 using a range of credible payment methods. Provided you’ve passed standard KYC checks, you can soon withdraw your rewards, too.
This is all without mentioning the site's overall usability. Sure, some may suggest that the platform feels a little crowded, but that is solely because of the sheer volume of sports betting markets and ongoing promotions presented to you. As soon as you’ve spent some time familiarizing yourself with the layout, you’ll find that bets can be built within a couple of clicks, pages load swiftly, and live stats and facts are updated regularly to ensure the in-play betting experience is just as responsive.
When looking at the overall safety of DraftKings, you won't have anything to worry about. Not only does the site don relevant state-specific licenses, but you'll also find that all details are backed by the latest encryption technology. Odds are competitive, the site is externally vetted, and you can find a ton of resources and tools to help with
responsible gambling, too.
Pros & Cons of DraftKings
- All major leagues are covered
- Great selection of betting markets
- Responsive betting platform
- Can feel overwhelming to new users
New customer bonus: Unlock $150 in bonus bets today
As touched upon in our latest
Caesars promo code
review, the DraftKings sign-up offer is subject to change and may vary depending on your current location. However, as things stand, you’ll be able to release an impressive $150 in bonus bets (deposit and bet at least $5, receive $150 in bonus bets) for use across the sportsbook by joining today.
You won’t ever need to enter a DraftKings promo code, but you will need to make a minimum qualifying deposit of at least $5. Fortunately, DraftKings has plenty of eligible payment methods for you to choose from, including Apple Pay, debit cards, and bank transfers.
Once you’ve made your deposit of at least $5, you’ll then be expected to place a bet of $5 across the sportsbook. Now, unlike we found with the latest
FanDuel promo code, this really does mean any sports betting market you come across. In fact, we didn’t find any restrictions regarding minimum odds, sports, or betting opportunities. Instead, simply choose your market, place your bet, and wait for the outcome to finish.
After your wager has resulted, you’ll find $150 in bonus bets added to your account.
20% up to $1000
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 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 & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. Ends 4/13/25 at 11:59 PM ET. Sponsored by DK
Get Bonus
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 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 & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. Ends 4/13/25 at 11:59 PM ET. Sponsored by DK
Get Bonus
Things to consider: A closer look at the terms and conditions of the latest DraftKings sign-up bonus
We suspect some of you will already have had your interest piqued at the prospect of unlocking this promotion from DraftKings. However, as with the latest
BetMGM promo code, a few clear terms and conditions are attached. Fortunately, we've done our best to highlight some of those key considerations for you.
- There is no need to enter a DraftKings
sportsbook promo
code
- A minimum qualifying wager of $5 must be placed
- Regardless of the outcome of your first wager, you will receive the full bonus
- The $150 bonus bets will be paid instantly
- Bonus bets are not redeemable or transferable and will not be included in any rewards
- You will have seven days to play through your bonus bets
- This bonus is available to those over the age of 18 in Washington DC, Kentucky, and Wyoming
- This bonus is available to those over 21 in AZ, CO, CT, IA, IL, IN, KS, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, or WV.
- Offer valid till 4/13/25 at 11:59 PM ET.
GAMBLING PROBLEM?
CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 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 & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. Ends 4/13/25 at 11:59 PM ET. Sponsored by DK. Also, explore the full terms of this offer here:
.
Registering with DraftKings: A quick step-by-step guide
Of course, the latest DraftKings sign-up bonus is also only available to those who are completely new to the site. With this in mind, it will be worthwhile knowing how you can sign yourself up. This guide aims to walk you through the process.
- Click on the links within this DraftKings promo code review to take you over to the site
- Select the ‘Sign up’ button and wait for the form to load
- Enter your email address and telephone number before creating a username and password
- Click ‘Create Account’
- To confirm your identity, you’ll then need to enter your date of birth, legal name, home address, and last four digits of your SSN
- Click ‘Verify’
- If all of your details match, you can move on to the next step. If DraftKings cannot confirm your details, you will need to scan a legal document to confirm that you are exactly who you say you are.
- To confirm your location, you will also need to download the DraftKings plug-in
- Once all of these steps have been completed, you can look to make your first qualifying deposit
- Scroll through the sportsbook, wait for your first wager to result, and enjoy your Draftings sign-up bonus
Top tips: Getting more out of the latest DraftKings sign-up bonus
It is all very well knowing how to register and redeem the DraftKings sign-up bonus, but what about getting the most out of it? Although we can’t make any guarantees, these top tips should help you get ahead of the pack.
🎲 Keep your first bet low
The minimum you need to wager to qualify for this promotion is just $5. If you usually place bets of a higher value, we’d suggest sticking around the $5 mark to secure the bonus, using your bonus bets, and then reverting back to your usual tactics.
You will receive the bonus bets for meeting the requirements; however, if the cash-out value of your qualifying bet is over $150, it could be worth taking your cash over the bonus bets. However, do check the terms and conditions before you decide to cash out.
We would always suggest sticking to markets and sports that you are already familiar with – at least until you’ve figured out how DraftKings works. Then, you can take time to do your research and explore things further with your bonus bets. Although, you best remember that you only have a set amount of time to play through them.
Your $150 bonus bet bonuses will be eligible for seven days. So, we suggest checking on upcoming fixtures a week after your first qualifying wager. That way, you’ll be ready to lock in your bonus and play through it within the allocated time frame.
Ongoing promotions: What to expect as a returning DraftKings bettor
As a new user, you should have a pretty solid understanding of what to expect from the latest DraftKings sign-up bonus and how to make the most of it. However, the great perks and promotions of DraftKings do not end at the sign-up stage. Based on our latest
DraftKings Sportsbook review, we found that returning players had plenty of great reasons to stick around — you will find some of our favorites in this list.
- MLB No Sweat SGP/SGPX:
The MLB No Sweat promotion is ideal for baseball fanatics, and the terms and conditions are relatively straightforward. To enter, you’ll need to opt-in to the promotion and build a three-leg parlay with minimum odds of -500 per leg. You must use your own cash balance or DK dollars to qualify, and any losing bet will see your initial stake returned as bonus bets. You will then have seven days to play through your bonus bets. Just bear in mind that any cashed-out parlay will void any chance of receiving a bonus.
- Soccer Stepped Up SGP/SGPX:
The Soccer Stepped Up promotion has the potential to boost your odds by up to 100%. To enter, you must physically opt into the promotion and begin building your soccer parlays. Each leg must have odds of at least -200. Once you’ve built your parlay, you’ll notice a ‘boost token’ can be applied. Your boost will increase with every additional leg you add to your bet. You can use DK dollars or your cash balance to secure your wager, but it will become ineligible if cashed out.
- Rotating bonus offers:
Alongside some effective long-standing
sportsbook promos, you’ll also find regularly rotating promotions that are relevant to upcoming fixtures or ongoing tournaments. For example, you can receive a
50% Mystery Boost
across the BMW Championship, a
33% Boost
on the Dutch GP and Coke Zero Sugar 400, and a share of $1,000,000 in bonus bets if Caitlin Clark hits a single-game 3-point record in an upcoming WNBA game. Of course, these are subject to change and will vary depending on where you have chosen to visit DraftKings.
VIP experience: Work your way through the Dynasty Rewards program and pick up plenty of great perks
The good news is that DraftKings has its own rewards program. However, as we found in our latest review of the
Bet365 promo code, it isn’t solely aimed at sports fans. The Bet365 rewards program is geared towards poker players in Europe, and DraftKings has partnered with Golden Nugget, appealing predominantly to its casino players, but also to DFS fans and sports bettors.
For some of you, this means that the perks of the Dynasty Rewards program are a little bit limited. That said, we can’t possibly create a review on the latest DraftKings promo codes without bringing it up. So, what can you expect?
As with any rewards program, you will need to deposit and play in order to level up through the tiers and unlock your rewards. Depending on your chosen way to bet and stake online, you’ll pick up tier credits and Crowns that will contribute to your overall VIP level. Unlike other platforms that track the activity on a month-by-month basis, the great thing about DraftKings is that only your annual activity is considered. We’ve found that this helps to reduce the risk of increasing your online activity in order to meet specific requirements.
In this table, you’ll find a breakdown of the current DraftKings Dynasty levels.
| Tier Level | Tier Credits per calendar year |
For sports bettors, it is important to understand that wagers of less than -1000 will not contribute. For casino enthusiasts, you’ll want to avoid live craps. Aside from that, almost all stakes and wagers will contribute, leading to a simple but effective way to pick up rewards throughout your time online.
Now, onto the rewards. You’ll find that your Crowns and tier credits can soon be exchanged for a bundle of prizes. These will all vary depending on the amount you currently have and the tier level that you are in, but may include the following:
- Free entries to DFS contests
- DK Dollars
- Gift cards (Amazon, Zara, etc)
Verdict: The latest DraftKings deposit bonus gives sports bettors a great head start
The latest DraftKings sign-up bonus is simple to redeem and great fun to play through. We soon found that you won’t have to worry about entering a DraftKings promo code, and the $5 minimum qualifying deposit and wager is more than accessible to most.
While scouring through the sports betting lobby, we stumbled across plenty of eligible markets from both elite leagues and niche competitions. DraftKings manages to keep things inclusive by putting minimal limits in place, too. However, it is important to note that all bonus bets, including the $150 in bonus bets received from the $5 welcome bonus, must be used within seven days.
As a returning player, you’ll have the chance to opt into plenty of great promotions, too. A soccer parlay boost and MLB first bet offer stand out to us at the moment, but plenty of rotating offers have the potential to appeal to all sorts of sports fans. There is also the impressive Dynasty Rewards program that allows you to exchange Crowns and Tier Credits for DFS contest entries, DK Dollars, and gift cards.
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
Welcome Offer
|
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 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 & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. Ends 4/13/25 at 11:59 PM ET. Sponsored by DK
DraftKings bonus code FAQ
🎁 Do you need to enter a DraftKings bonus code?
No. As things stand, you’ll be able to unlock $150 in bonus bets by making a deposit and wagering at least $5. This is one of the many reasons DraftKings stands out among top
NFL betting sites, offering excellent promotions for football enthusiasts.
🎯 When do your DraftKings bonus bets expire?
Once your qualifying wager has resulted, you’ll find that $150 in bonus bets will land in your account. You’ll then have seven days to play through them, which can be particularly thrilling when used on
live betting sites.
❓ How many times can you use the DraftKings deposit bonus?
Once. The DraftKings sign-up bonus is only available to new users. So, once you’ve registered and created your account, you’ll have one chance to pick up your bonus. If you’re in Ontario, the
DraftKings Ontario review
goes over the details of the deposit bonus and how to make the most of it.
🤔 Does the DraftKings promo code change depending on where you play?
No. However, the DraftKings deposit bonus does have the potential to change depending on where you play. For instance, offers like the
DraftKings Sportsbook VT Promo
may vary slightly from those in other states. The latest bonus and terms are also subject to change, so it is always worth double-checking before signing up.
🤑 What is the Dynasty Rewards club?
The Dynasty Rewards program works in a similar way to any other rewards or VIP program you may have stumbled across. Your online activity will contribute towards your current tier level, and you’ll pick up various perks and promotions along the way.
