There’s no need to use a DraftKings Daily Fantasy promo code to claim the welcome offer that could give you $20 in credit for playing with $5. Remember that this deal varies according to which state you are playing from.
To get you started, we’ll walk you through all of the different steps you might have to consider that would potentially hinder your claiming of a DraftKings Daily Fantasy bonus. Expiry dates, sports restrictions, playthrough requirements, you name it – it’s all here in our comprehensive guide.
| Welcome Bonus | Bet $5, Get $200 in Bonus Bets Instantly! |
|---|---|
| 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 |
Let’s quickly go over what Daily Fantasy Sportsbooks are – because it’s a relatively new concept in the grand scheme of online gaming. Pick a sport, any sport – NFL, NBA, MLB (or any number of other niche sports like MMA) – and you draft a team.
As they play in real life, you’ll gain points based on the players you’ve drafted. Just like in real-world sports, your team is also pitted against other teams, and you’ll go head-to-head to see who has the best lineup.
You can’t just fill your team with a star-studded roster, though. There’s a salary cap, so you have to spend your money wisely.
So, as you can probably tell, DraftKings DFS isn’t your average sportsbook. You’re not betting on the specific outcome of a game or how many points will be scored. As discussed in our FanDuel Fantasy review, it’s more of a strategy game where you’re building the best team possible.
Where DFS and real-money sports betting are similar is in that they both offer players the opportunity to get plenty of perks. Just because DraftKings DFS isn’t a traditional sportsbook doesn’t mean you won’t be able to claim bonuses; there are lots to go around.
Now, onto the main event – the DraftKings DFS bonus. Remember, this can vary depending on where you’re playing from, but it should generally be the same across most states. You’ll also find that DraftKings may mix things up from time to time, changing its bonus terms on occasion. We recommend checking out the banners on this page for the best bonus offers available in your jurisdiction, which may be the Underdog fantasy promo code depending on where you are based. However, we’ll illustrate the DraftKings DFS bonus with an example below..
For example, we saw that players in Arizona can claim a 20% deposit match up to $500 in DK Dollars. Just note that this deal requires a minimum $5 deposit and it comes with 25x wagering conditions. Note that you must be at least 21 or older to claim this bonus offer. DK Dollars refers to the site credit used at DraftKings. Think of it as bonus funds that can be used to enter contests and play fantasy sports at DraftKings.
Additionally, you must complete the 25x wagering requirements first before the bonus funds are released. This means that you must first use your deposit to enter contests on the platform. After you’ve successfully wagered your deposit 25 times, DraftKings will credit your account with the bonus funds in DK Dollars. But that’s not all–the bonus funds will be released in increments based on your wagering activity. You’ll receive $1 in DK Dollars for every $25 used to play contests on the site.
Claiming the welcome bonus is a breeze. However, even though you don’t need to enter a DraftKings daily fantasy promo code, it’s worth going over the steps to make sure you get the most out of it.
We can’t stress this enough – DraftKings Daily Fantasy promo code offers aren’t totally static. What this means is that someone in California might not necessarily have the same ParlayPlay promo code available to them as players in New York. Or, if you waited a couple of weeks to sign up, the same bonus that was available when you first visited the site might not be available now.
These are some of the different kinds of welcome offers you might be able to claim at any given time from a DraftKings Daily Fantasy promo code.
| Typical DFS Bonus Offer | Details |
|---|---|
| Deposit Match | A percentage of your deposit is matched in bonus funds. For example, if you deposit $10, you could claim a 100% match bonus giving you $10 in additional bonus funds. |
| No Stress Entry | If your first shot at a contest doesn’t go to plan, then you can get a refund of up to a certain amount of money. |
| Free Entry | When you make a deposit, you may receive entry into high-stakes contests. |
Remember, these are just examples. The actual offers you get might differ, so it’s always worth checking what’s available in your state before you make a deposit. The banners on this page will provide you with info on all available bonus offers in your jurisdiction.
So, you’ve got your bonus – now what? We’ve got a couple of tips that can help you maximize its value:
We’ve said it before in the Underdog Fantasy review, and we’ll say it again here. Before you start playing, make sure you know the terms and conditions of your bonus. What are the wagering requirements? Is there a minimum deposit? Are some deposit methods excluded? These are important details that can affect how you use your bonus and if you even get one in the first place. So when it comes to this DraftKings promo you might find that there are some pretty tricky wagering conditions applied to your bonus credit. We even saw some deals with 25x wagering requirements which could obviously have a big impact on how you play. The same may be true for other bonuses such as the FanDuel fantasy promo code, so be sure to check out this information before rushing to claim the deal.
It may be worth saving your bonus for a contest where you feel particularly confident. For example, if you’re a big football fan, save it for an NFL contest where you know the players and matchups well. The good news here is that DraftKings has a vast range of tournaments that you can use your promo credit on. Just remember that it might be smarter to use your bonus on some of the less popular contests where you have less chance of playing against some pro players.
Particularly if you’re using the above tip, you have to make sure you don’t let your bonus go to waste while you’re waiting for your time to shine. Keep an eye on the expiration date, and make sure you use it before it’s too late. For example, we saw plenty of DraftKings fantasy promos that had to be used within 90 days. While this sounds like a lot of time, it’s important to remember that the time limits will also apply to how long you get to fulfil any wagering conditions.
More often than not – no matter what state you’re in or when you’re signing up – the welcome bonus available to you will be an entry into a free contest. When you make your first deposit, it’s likely you’ll receive entry into a free contest. The type of contest and the value of the entry will vary – but the overall gist is the same.
These are exactly what they sound like, a free pass to enter a contest without dipping into your own pocket. It’s a great way to test the waters, try out different strategies, and get a feel for how the site operates without taking a big risk.
In most cases, you will be given a ticket worth a certain amount of money that you can use to enter a contest of that value.
Sometimes, though, you might find that your free entry might only be eligible for certain contests. Whether it’s only valid for a specific sport, a contest with a lower prize pool, or a beginner-level game, there may be a catch or two.
Any winnings you get from free entries might not be immediately withdrawable. Instead, they could be credited to your account as bonus funds. Before you can withdraw them, you have to play through them. These are called playthrough requirements and they’re put in place to make sure you don’t just take the money and run.
It’s common practice in online gaming and DFS betting, but it works a little differently with DraftKings Daily Fantasy promo code and bonus offers.
Let’s say you enter a free contest and win. Those winnings are credited to your account as bonus funds, and to turn them into withdrawable cash, you’ll need to play through that money a certain number of times.
For example, you win $10 in a free contest. To be able to withdraw those winnings, DraftKings DFS might require you to enter $50 worth of paid contests.
Sometimes, instead of a flat amount, you have to use your bonus funds in a set number of contests before you can withdraw any associated winnings.
For example, you receive $20 in bonus funds by entering a free contest from a DraftKings promo code. The site requires you to enter five contests using those funds before you can withdraw any winnings derived from them.
And remember those expiration dates. If you don’t meet the requirements within the allotted time, you could lose the bonus and any winnings tied to it. In most cases, you’ve got 30 days to meet a wagering requirement. If the deadline passes and you haven’t hit the mark, any bonus funds in your account might vanish into thin air.
Something we really like about DraftKings Daily Fantasy Sports is that there are tons of regular, different, ongoing promotions. They change constantly, and only last a few weeks at a time, so you have to be quick if you see a promotion that you want to join.
Once you've claimed the welcome bonus, there are always reload offers to take advantage of. This means that when you make your second or third or fourth deposit, you can also get bonus cash or free contest tickets. These tend to be more limited than the welcome bonus, normally restricted to specific sports or contests.
DraftKings also offers an exclusive VIP program, called Dynasty Rewards. As you enter contests on the platform you collect Tier Credits that allow you to climb the VIP ranks and benefit from a host of different bonus offers. You enter the program at the Bronze Tier, which requires you to collect 4,999 Tier Credits in a year. Some of the promotions you can enjoy as part of the VIP program include personal account managers and invitations to exclusive contests and events.
You'll also find lots of leaderboard promotions since DraftKings DFS is a very social site, and they want to encourage competition among players to foster a community on their Discord channels.
This also includes refer-a-friend bonuses, which we cover in more detail in our DraftKings review. Just like at most other DFS sites, you can claim a bonus whenever one of your friends uses your specific referral code or link to register and enter a contest. Again, the value of these deals will change on a state-by-state basis, but we saw a few DraftKings referral promos that gave you up to $100 in site credit for each friend you brought to the site. Check the terms and conditions for your jurisdiction to find out the exact amount.
DraftKings has carved itself quite a nice little niche in the world of Daily Fantasy Sports, and we’d say their bonuses are definitely part of the appeal. Whether you’re a seasoned DFS player or just beginning to dip your toe in, these bonuses can give you a great boost that allow you to get that little bit more out of your experience. At the moment, you can claim a 20% matched deposit bonus up to $500 in DK Dollar when you make a qualifying minimum deposit of $5. However, you’ll have to fulfill the 25x wagering requirements first before the bonus funds are released into your account.
Additionally, you can also benefit from a wide range of other promotions such as the refer-a-friend bonus and the DraftKings Dynasty Rewards program. Just remember, these offers can vary depending on where you are, so it’s important to check what’s available in your state. Head to the banners on our page to find the best DraftKings bonuses available in your jurisdiction.
Yes, DraftKings bonuses can vary depending on the state you’re playing from. The specific offers you receive might differ based on local regulations. So while you might be able to get a 20% deposit match up to $500 in Arizona, such deals aren’t universally available.
Some DraftKings bonuses may have 25x wagering requirements, meaning you’ll need to play through the bonus funds that amount of times before you can withdraw any winnings. These types of requirements do pop up in a number of bonuses and the Sleeper fantasy promo code may be similar so we always advise checking the T&C's.
This is usually the case, although you will still have to peruse the terms and conditions to make sure you know if the bonus can be used on specific sports or contests.
You normally have 30 days to use your bonus, but this isn’t a one-size-fits-all rule as some deals can last up to 90 days. Always ensure you read the terms and conditions so you don’t run out of time before you’ve had the chance to use it.
| Type: | Deposit Bonus |
| Requirements (WR): | 25x Deposit |
| Min. Deposit: | $5 |
| Cashable: | Yes |
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Promo Code
Go to DraftKings Fantasy
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