DraftKings Promo Code: Bet $5, Get $150 Instantly (June 2024)

The DraftKings promo code unlocks two fantastic offers for new users in June. Claim their Bet $5, Get $150 in Bonus Bets Instantly offer or a 20% First Deposit Match of up to $1,000 with a $50 Bonus Bet. Don’t miss these offers for betting on sports and leagues like the NFL, NBA, NHL, MLB, college football, and more!

Let’s review the latest sign-up bonus from DraftKings. Other highlights include weekly DraftKings NFL odds, profit boosts, and regular promotions for existing customers.

NOTE: For a limited time only, DraftKings is offering new users in IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY a special welcome offer of up to $300 in bonus bet that works as follows: $5 to receive $150, $10+ to receive $200, $50+ to receive $300.

DraftKings Promo Code for June

Using the link in the table above will automatically unlock a DraftKings bonus code worth a Bet $5, Get $150 in Bonus Bets Instantly offer for new users. I found this promo code to be very helpful when I was getting started with online sports betting at DraftKings Sportsbook. The only other thing I would keep in mind is the wagering requirement outlining the need to make a $5 minimum deposit.

DraftKings Promo Terms and Conditions

Here are some of the key terms and conditions that you need to keep in mind with this DraftKings welcome offer.

• When you sign up and make your first deposit, you’ll need to make a minimum deposit of $5.
• You will need to make a Qualifying Bet of $5.
• $150 will be paid out as bonus bets instantly.
• Any winnings from bonus bets will not include original stake upon payout.
• Your Bonus Bets will be paid out within 24 hours of bet settlement and up to 72 hours should technical difficulties arise.

Make sure you always bet responsibly and also look into any terms and conditions (T&Cs) for the new user offer at DraftKings Sportsbook. Carefully read over rollover requirements and any other necessary information before making a wager.

What I like about DraftKings Sportsbook promos 👌🏼

• Bet $5, Get $150 in Bonus Bets Instantly offer covers many of your first wagers.
• Dynasty Rewards program unlocks Crowns and Tier Credits for money spent across all DraftKings platforms.
• One of the largest selections of daily odds boosts on the market.

What I’d like to see more of from DraftKings Sportsbooks bonuses 💭

• Increased limits on same-game parlay insurance promos.
• Offer more bet/get bonuses for existing customers.

The NHL postseason comes to an exhilarating conclusion on Monday as the Edmonton Oilers and Florida Panthers square off for Game 7 of the Stanley Cup Final to determine the best team in the league. The MLB regular season continues rolling along for baseball fans to enjoy as well, plus some fun combat sports action on Saturday with UFC 303: Pereira vs. Procházka 2.

We’re always on the lookout for the best DraftKings Sportsbook promo codes to keep you informed, just use the links on this page to get the best offer.

Jump to:

• Current Promos from DraftKings Sportsbook
• What States Offer a Promo for DraftKings Customers?
• DraftKings Sportsbook Promo FAQs

How to Claim a DraftKings Sportsbook Promo

Getting the main DraftKings promo code is simple. Just download the app and complete the registration process with DraftKings Sportsbook. In my experience, signing up with DraftKings to claim their best promo code was simple and expedient.

DraftKings typically offers two sign-up bonuses to choose from: the Bet $5, Get $150 in Bonus Bets Instantly offer OR a deposit match.

Here’s how the Bet $5, Get $150 in Bonus Bets Instantly offer works:

• Sign up with DraftKings Sportsbook.
• No promo code required upon registration.
• Make an initial deposit of at least $5.
• Finalize your first wager of $5.
• DraftKings will reward you with $150 in bonus bets to place more wagers.

The bonus funds you receive from the DraftKings $150 promo code cannot be withdrawn immediately. You must use these bonus funds on other wagers before collecting a payout, and the bonus funds must be used within seven days.

The deposit match promo for new users is DraftKings’ second-most popular welcome offer. Players can receive matched promo funds for making their first deposit through the user-friendly DraftKings Sportsbook app. However, you must complete a 25x playthrough requirement which is not as accessible for the average new player.

Overall, I recommend choosing the Bet $5, Get $150 in Bonus Bets Instantly offer instead.

Current Promos from DraftKings Sportsbook

PROMO

Add +1000 to Any Golfer to Win Any Tournament!

Details

CLAIM OFFER

Offer Detail

Promo

Add +1000 to Any Golfer to Win Any Tournament!

In Regions: us,az,ct,md,la,nj,pa,co,wv,in,tn,ia,mi,ny,va,il,oh,ma,ky

Valid: 01/03/23 - 31/10/24

CLAIM OFFER

PROMO

Sign Up & Receive Up to $1,050 in Bonuses

Details

CLAIM OFFER

Offer Detail

Promo

Sign Up & Receive Up to $1,050 in Bonuses

In Regions: us,az,ct,md,la,nj,pa,co,wv,in,tn,ia,mi,ny,va,il,oh,ma,ky

Valid: 25/08/21 - 01/02/30

CLAIM OFFER

The best DraftKings promo code unlocks a Bet $5, Get $150 in Bonus Bets Instantly promotion for new users. In my opinion, this is one of the most enticing welcome offers for sports bettors.

You’ll be happy to know entering a promo code at DraftKings is optional. Using the exclusive links on this page will automatically unlock the DraftKings $1,000 promo code bonus. I had no troubles completing the registration process to claim this offer. Thankfully, DraftKings has a best-in-class customer support team should you encounter any issues.

DraftKings Promos for NBA Playoffs

Take advantage of our exclusive DraftKings sign-up promo and experience why this is one of the most popular sportsbooks in the world.

The bonuses don’t stop there once you’re registered with DraftKings Sportsbook. Known for offering a ton of odds boosts, profit boosts, no-sweat bets, and stepped up parlays, claiming multiple promos is perfect for all the NBA playoff action.

Here are a few solid DraftKings promos for NBA and NCAAB:

• NBA Threesday: Bet $10 on a ‘First Three Pointer’ wager and receive $0.50 towards a bonus bet for every three-pointer made in that game. Opt-in to the promotions, make a $10 wager on the ‘First Three Pointer’ market, and you’ll get 50 cents towards a bonus bet for every three. For example, a total of 20 three-pointers made during the game would earn you $10 in bonus bets.
• NBA No Sweat SGP or SGPx: If  you’re crafting an NBA parlay with three or more legs, but you’re concerned about the added risk, then this DraftKings promo is for you. Opt-in to the DraftKings NBA No Sweat SGP bonus and apply the token to any NBA 3+ leg  SGP or SGPx bet. If that bet loses, you’ll get a refunded bonus bet up to a $5 maximum.

All DraftKings Promotions

Ongoing DraftKings promotions are a great opportunity to stay locked in with all the action in your favorite games. Some of these are only available to new players, while others can be claimed even after you’ve registered with DraftKings Sportsbook.

These promotions can change on a monthly or even weekly basis, so make sure you check back here for all the latest details.

DraftKings Odds Boosts

Boosted odds promos are some of the best bonuses for padding your bankroll, and DraftKings Sportsbook usually has a ton of these on offer. Odds boosts promos at DraftKings increase the value of lines on numerous games, giving you a chance to win more money on a wager you might already be interested in.

For example, a DraftKings odds boost promo might move the line for a moneyline wager on the Boston Celtics from +125 to +175. If you placed a $100 wager on the boosted odds promo, you’d end up potentially winning an additional $50 over the $125 you could win on a wager without the bonus.

Check in with DraftKings to see what kind of boosted odds bonuses they have going.

MLB Stepped Up Same Game Parlay (SGP)

Stepped up Same Game Parlays (SGP) take the excitement of parlays to a new level, and DraftKings has special MLB promotions running for this type of wager throughout the dog days of summer.

Opt-in to the MLB Stepped Up SGP promo with DraftKings Sportsbook, build your MLB Same Game Parlay, and you’ll get up to a 100% Profit Boost. This is one of the best ways to boost your bankroll betting on MLB games this year, so make sure you take advantage if you’re eligible.

DraftKings Casino Promo Code

DraftKings also happens to have one of the most popular online casino game offerings in the industry. It is currently available in Pennsylvania, New Jersey, Michigan, West Virginia, and Connecticut.

You can currently claim the DraftKings Casino promo code by hitting the link below in Pennsylvania, New Jersey, Michigan, West Virginia, or Connecticut. DraftKings Casino offers a Play $5, Get $100 Instantly in Casino Credits signup bonus.

DRAFTKINGS
CASINO

Play $5 & Get $100 Instantly in Casino Credits!

LOCK IN PROMO

SIGNUP PROMO

PLAY $5
GET $100

BET NOW

Some important T&Cs to keep in mind when it comes to this offer is that you must opt-in within seven (7) days of the successful registration of your new account. Customers who place a $5 minimum in casino wagers with seven days of opting in will get the $100 in Casino Credits. The Casino Credits must be wagered 1x before withdrawal and expire seven days after being rewarded.

DraftKings Fantasy Promos

If you prefer DFS games, or you’re in a state where sports betting has yet to be legalized, taking advantage of a DraftKings Fantasy promo code might be a better option than the other offers listed on this page.

New customers signing up with DraftKings through their daily fantasy sports platform will be eligible to receive a deposit match bonus worth up to $500 in extra funds. The DraftKings DFS promo code will unlock an offer that matches 20% of your first deposit up to the $500 maximum.

How the DraftKings DFS promo code works:

• Download the DraftKings Fantasy app and create your new account.
• Make your first deposit with DraftKings Fantasy using an authorized payment method.
• DraftKings Fantasy will match 20% of your initial deposit up to the $500 maximum.
• You’ll receive $1 in bonus funds for every $25 played on any DraftKings product.
• Use the bonus funds to play more DFS contests with DraftKings.

The bonus funds associated with this DraftKings Fantasy promo can be used on contests for sports like football, baseball, basketball, hockey, golf, NASCAR, and MMA.

DraftKings DFS Contests

One of the best parts of DraftKings DFS is the number of different contests and tournaments you can compete in.

Some types of DraftKings DFS contests include the following:

• In-Game Showdowns: Draft your team during the second half of a game, choose the players you think will come up clutch.
• Tournament: Small and large fields of players with big prizes to be won.
• Best Ball: Fantasy teams drafted in a snake draft, roster used for entire duration of contest.
• Flash Draft: Compete live while watching your favorite games.
• Single-Game Showdown: Draft performance players from two teams in a single game while staying salary cap compliant.
• Leagues: Private contests where you can compete with your friends in the sport of your choosing.

These are just some of the many DFS contests offered at DraftKings Fantasy. Download the app today and see the latest contests they have on offer.

Dynasty Rewards Program

The DraftKings Dynasty Rewards program gives you crowns and tier credits for money spent using DraftKings products such as the sportsbook or casino. The crowns and tier credits can be used to get special experiences, gift cards, merchandise, and more.

There are five tiers in the Dynasty Rewards program: Bronze, Silver, Gold, Diamond, and Onyx. Each of these tiers comes with specific benefits and you will move up the tiers based on the amount of credits you use.

DraftKings Missions

One of the newest and most exciting features at DraftKings Sportsbook is their daily Missions that bring players special rewards.

DraftKings Missions are daily tasks you complete to unlock perks like bonus bets. Head to the promos section on DraftKings to see what Missions they have going for that day. If you click the “Rewards” tab, you can see all the promotions currently available to you at the DraftKings sportsbook. The rewards program is based around the completion of specific “Missions” asking you to take a side on select wagers or propositions.

For example, a DraftKings Mission might ask you to place three $1 bets to earn a $3 bonus bet. You’ll need to opt-in to DraftKings Missions in order to qualify for the rewards, which can be done each day on the promotions menu. You’ll earn odds boosts, enhanced payouts, and more for each mission completed. You can also earn DraftKings crowns and dollars that can be used on all their platforms, including the sportsbook, daily fantasy, and casino activities.

Refer-a-Friend Program

DraftKings likes to incentivize fans to bring their friends in on the action with some referral bonuses.

All you have to do is share a referral link from the DraftKings refer-a-friend page. You’ll both receive a bonus bet of up to $100.

How to Get the DraftKings Referral Bonus

• Share the referral code with your friend
• Make sure they use the link when they sign up with DraftKings
• The bonus bet amount depends on how much the person receiving the referral code deposits
• The bonus bet is valid for 30 days
• Invited friends must be new to DraftKings, not just their sportsbook

Keep in mind, these can change weekly, so make sure you’re checking the DraftKings homepage for their latest refer-a-friend offers. You and your friend can fulfill these requirements through the DraftKings sports betting app or desktop site.

Where To Enter Promo Code On DraftKings App

Using a welcome offer takes all the action to the next level no matter what sport you’re betting on. Applying a DraftKings promo code is a straightforward process that will help you get the best value on your wagers.

Use the links on this page to download the DraftKings app and begin the sign up process. Once you’ve entered all the required personal information to create a sportsbook account at DraftKings, you’ll see a ‘Promo Code’ field at the bottom of the screen. This promo code field is pictured above, and as indicated, entering a DraftKings promo code is optional. However, using the links on this page will automatically apply the latest and greatest DraftKings Sportsbook bonus.

Once you’ve applied the promo code available to new customers and your sportsbook account has been verified, you can opt-in to ongoing DraftKings bonuses through the ‘promos’ tab. You won’t need a promo code to opt-in for these other DraftKings bonuses, simply find the promotion you like and opt-in.

What States Offer a Promo for DraftKings Customers?

We’ll keep this list updated when DraftKings goes online in more states like Florida and Texas. Some of the more recent additions to the DraftKings online betting empire include Massachusetts, North Carolina, and Ohio. The DraftKings mobile app is now available in these states, but keep in mind that not all wards in Louisiana will give you eligibility to place bets with a mobile sports betting app.

As a household name in sports betting, you can expect DraftKings to enter new markets as more US states go online with legal sports betting. If online sports betting gets legalized in your state, it’s likely that DraftKings will be one of the first platforms to launch. They’re eager to capitalize on emerging markets in the US sports betting scene, and their Bet $5, Get $150 in Bonus Bets Instantly promo is designed to attract new customers.

You can expect to see DraftKings online and retail sportsbooks available in more locations as sports betting legalization sweeps across the nation. Make sure to keep in mind that wagering requirements can vary from state-to-state.

DraftKings Promotions: Best Features Compared to FanDuel & BetMGM

The Crown is Yours with DraftKings Sportsbook, and as you can see from the table above, they’re up there with other industry giants like FanDuel and BetMGM. With unique features like Same Game ParlayX (SGPX) and the Dynasty Rewards program, DraftKings sets itself apart with a strong app and valuable offers for all customers.

As far as sign-up promos go, this is one area where DraftKings could improve upon. While the No Sweat First Bet Up to $1,000 offer is an enticing promotion, it did fall behind to a competitor like FanDuel, who are offered the same bonus with the added value of $100 off the price of NFL Sunday Ticket at one point. DraftKings should look to improve their sign-up bonus if they want to compete with other sportsbooks for years to come.

The ESPN BET app is now live in 17 states across the nation and the ESPN BET promo is very competitive with the brand looking to grab 20% market share against DraftKings and FanDuel.

DraftKings Sportsbook App vs. DraftKings DFS App

DraftKings offers many different ways to get closer to all the action in your favorite sporting events, along with some of the best promos in the game.

Whether you’re betting on the sportsbook app or competing in contests through the DFS app, DraftKings has got you covered. Still, there are a few key differences between their sportsbook and DFS platforms.

You can use your existing DraftKings account to sign in to their sportsbook and DFS options seamlessly. However, you’ll be using standalone apps for each offering. The layout for the DraftKings DFS app focuses on contests, along with images of specific players you can add to your DraftKings Fantasy lineup. On the other side, the DraftKings Sportsbook app highlights odds for upcoming sporting events, giving you the chance to wager as specifically as you see fit.

Visually, the bold DraftKings branding holds up on both platforms, although the DFS app features brighter colors like orange and white as opposed to the sportsbook’s grey and green tones. Either way, you can trust both DraftKings apps to deliver reliable performance, helpful customer support, and enticing promo codes.

DraftKings Responsible Gambling Features

Responsible gambling should be at the forefront of every sports bettor’s mind and DraftKings knows that very well. They’ve put some specific responsible gambling features in place to protect bettors:

• Deposit Limits: Daily, weekly, or monthly limits on how much you deposit into your DraftKings account.
• Spending Limits: Set a limit on exactly how much money you want to spend while wagering.
• Wagering Limits: Set limits on the maximum wager amount you can place.
• Time Limits: Set a limit on your session times in DraftKings Sportsbook.
• Cool Off Periods: Players can set a cool off period for 30 days that restricts you from placing bets and depositing new funds.

Always gamble responsibly and within your means. The DraftKings responsible gambling features are designed to help you play within your comfort zone at all times.

How Do I Get Bonus Money on DraftKings?

When it comes to padding your betting bankroll, the DraftKings bonus code is really where it’s at. Using it, by simply following the links on this page, will get you bonus money that come in the form of bonus bets on DraftKings.

The new user bonus is a great place to earn bonus bets with DraftKings be it the DraftKings $150 bonus or the deposit match welcome offer. That said, there are also plenty of great offers you can find regularly as a returning user on the DraftKings Sportsbook promotions page. That includes special odds boosts and profit boosts that can help you get more bonus bets so your bankroll stays healthy.

Where to Find Bonus Bets on DraftKings?

There are a few different ways to find bonus bets on DraftKings. One of the best ways is by participating in other DraftKings promotions, which might require wagering with funds from your own cash balance. You may also receive a push notification through the DraftKings app that a new bonus bet has been delivered to your account.

Regardless of how you earn them, you’ll find bonus bets by selecting ‘Rewards’ followed by ‘My Rewards’. Any bonus bets currently available will be displayed under the ‘Available Rewards’ menu, where you can select ‘Bet Now’ to start building a wager.

You can also find bonus bets directly through your bet slip. Just pick out your wager, navigate to the bet slip, and hit ‘Apply Bonus’ before selecting the specific bonus bet.

The bonus bet will automatically be entered into the stake field, but note that you cant combine real money with bonus bets on DraftKings. There’s also a ‘My Rewards’ shortcut available on each DraftKings bet slip you put together.

The DraftKings ‘My Rewards’ section is also helpful if you’ve claimed a DraftKings No-Sweat Bet promo. If your real-money wager happens to lose and you receive refunded bonus bets, then you can navigate to the rewards section on your account to find all your available bonus bets. This is helpful if your betslip for any given wager doesn’t meet the criteria for a bonus bet, as the bonus funds won’t appear on your betslip in that scenario.

Finding and using bonus bets on DraftKings through the My Rewards menu is a straightforward process, and there’s no current promo code you need to enter to unlock them. Bonus bets are so useful because they allow you to make wagers without spending any of your own money.

Why Are My DraftKings Bonus Bets Not Working?

Having issues using your DraftKings bonus bets? Encountering problems when you’re trying to use a DraftKings bonus bet can be frustrating, but there are a few troubleshooting steps you can take to remedy the issues.

Here are some things to try when your DraftKings bonus bets are not showing up:

• Make sure you’ve entered any promo codes using the correct spelling. Copying and pasting a promo code is one of the easiest ways to ensure you’re using it correctly, and using the links on this page will automatically apply any relevant promo codes for you.
• Find the DraftKings Sportsbook FAQs page to see if your issues have been addressed already. This is a great resource when DraftKings bonus bets are not working.
• Navigate to the DraftKings social media channels to see if other users are reporting similar issues, or if DraftKings has acknowledged service interruptions.
• If none of the above steps work, contact DraftKings customer service for further assistance.

Encountering issues that prevent you from using DraftKings bonus bets can be frustrating, but there are steps you can take to solve these issues, and help is there if you need it. You can contact the same customer support channel for additional concerns, like a DraftKings deposit not showing up issue. They can answer questions related to your DraftKings deposit limit, processing slowdowns, or any other questions you might have about your account.

Stay patient and you’ll be using your DraftKings bonus bets in no time.

DraftKings Sportsbook Promo FAQs

Check out these answers to DraftKings Sportsbook promo FAQs:

Final Thoughts

DraftKings is one of the most popular online sportsbooks, and for good reason. I recommend signing up with DraftKings Sportsbook for all your sports betting needs, as they haven’t let me down while betting on my favorite games.

The DraftKings Bet $5, Get $150 in Bonus Bets Instantly promo code is one of the best available in online sports betting, and they have a staggering amount of other offers to keep you coming back for more.

With seasonal promotions and new offers popping up weekly and monthly, promos help make DraftKings one of the best choices for sports bettors.

Check out our full DraftKings review for all the details on why it’s so special.

Bonus offer availability varies by location and changes frequently. Please consult each sportsbook directly to confirm the availability of the promo offers featured on this page.

If you may be struggling with a gambling problem, please contact the national hotline at 1-800-GAMBLER to get help.

Mitchell South

MMA Sportsbooks Gambling Horse Racing Content Marketing Specialist

Content Marketing Specialist

A sports fanatic and strategic wordsmith, Mitchell has been writing gaming content for over seven years. As sports betting emerges in markets across the globe, he’s ready to journey alongside those who haven’t wagered before with informative articles and comprehensive how-to guides.

MMA Sportsbooks Gambling Horse Racing

A sports fanatic and strategic wordsmith, Mitchell has been writing gaming content for over seven years. As sports betting emerges in markets across the globe, he’s ready to journey alongside those who haven’t wagered before with informative articles and comprehensive how-to guides.