DraftKings $200 Promo Code | Bet $5 Get $300 in Bonus Bets + 3 Months of League Pass
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Note: New DraftKings customers can currently bet $5+ and get $150 in Bonus Bets, with the Bonus Bets paid over 14 days.
New customers to DraftKings will have a chance to Play $5 Get $60 in Bonus Picks Instantly + Super Bowl LX Gimme Pick for Pick6 Players
That’s right, bet $5+ and get $150 in Bonus Bets, subject to the promotion terms.
Create a new DraftKings account and place a qualifying wager of $5 or more on DraftKings Sportsbook to become eligible for the promotion.
Be sure to also read the full terms and conditions before taking advantage of this DraftKings new user promotion for betting on sports.
Looking For More Bet & Get Promos?
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How The Bet $5 Get $150 Promo Works
The current DraftKings promotion allows eligible new customers to place a qualifying wager of at least $5 and receive a maximum of $150 in Bonus Bets.
The $150 reward is issued as six $25 Bonus Bets over a 14-day period rather than being credited as a single Bonus Bet.
A qualifying bet must be placed on DraftKings Sportsbook. Check the current promotion terms before placing the wager to make sure it satisfies all eligibility requirements.
The Bonus Bets are distributed as two $25 Bonus Bets every seven days via click-to-claim over the 14-day promotional reward period.
This means customers should check their DraftKings account during the reward period and claim each available installment in accordance with the promotion terms.
Each Bonus Bet expires seven days, or 168 hours, after it is issued.
The Bonus Bets are non-withdrawable and the stake is removed from the payout.
This means that when a Bonus Bet wins, the Bonus Bet amount itself is not returned as part of the payout.
For example, if a $25 Bonus Bet is placed at -200 odds and wins, the resulting profit would be $12.50. The original $25 Bonus Bet stake would not be returned.
The potential return from any Bonus Bet depends on the odds of the selection and whether the wager wins.
Higher odds can produce a larger potential return, but they also generally correspond with a lower implied probability of the selection winning.
Customers should therefore consider the applicable odds, markets and promotion conditions before using each Bonus Bet.
Using Your DraftKings Bonus Bets
The six $25 Bonus Bets provide separate opportunities to place eligible wagers during the promotional period.
Because the Bonus Bet stake is removed from the payout, the potential return is based on the winnings generated by the wager rather than the Bonus Bet stake plus the winnings.
Each Bonus Bet should be reviewed individually, including the applicable odds and market, before it is placed.
Remember that betting outcomes are uncertain and a Bonus Bet can lose. The promotion does not guarantee a return.
Promo Rules
Taking advantage of the DraftKings new customer offer involves the following steps:
- Create a new DraftKings account.
- Place a qualifying wager of $5 or more on DraftKings Sportsbook.
- Meet the eligibility requirements stated in the current promotion terms.
- Receive a maximum of $150 in Bonus Bets, issued as six $25 Bonus Bets over 14 days via click-to-claim.
Two $25 Bonus Bets are issued every seven days via click-to-claim for 14 days. Each Bonus Bet expires seven days, or 168 hours, after issuance.
Bonus Bets are non-withdrawable and the stake is removed from the payout. Additional eligibility and wagering restrictions may apply under the full promotion terms.
Don’t forget to read the full terms and conditions before betting.
| Expires On | 11 October 2026 at 11:59 PM ET |
| Promo Type | New User Promo |
| Sportsbook | DraftKings Sportsbook |
| Qualifying Bet | $5+ |
| Maximum Reward | $150 in Bonus Bets |
Terms & Conditions
1 per new DraftKings customer.Qualifying bet to be placed on DraftKings Sportsbook.Get max. $150 in Bonus Bets as 6 x $25 in Bonus Bets.Reward issued as 2 x $25 in Bonus Bets every 7 days via click-to-claim for 14 days.Bonus Bets expire in 7 days (168 hours) after issuance.Bonus Bets are non-withdrawable.Stake removed from payout.
- Terms: sportsbook.draftkings.com/promos
- Ends 10/11/26 at 11:59 PM ET.
- To be eligible for DraftKings Sportsbook and the Promotion, you must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR (residents only), TN, VA, VT, WY, WV, CA-ONT or CA-AB (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/NH/PR/WY/CA-AB) (19+ in CA-ONT).
- 1 per new DraftKings customer.
- Creative: DraftKings Sportsbook Creative
- Full RG & Disclaimer:
GAMBLING PROBLEM? CALL 1-800-GAMBLER OR 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA).Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets. Reward issued as $25 in Bonus Bets every 7 days via click-to-claim for 14 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: sportsbook.draftkings.com/promos. Ends 10/11/26 at 11:59 PM ET. Sponsored by DK.
Frequently Asked Questions – DraftKings Sportsbook
What is the current DraftKings Sportsbook welcome offer?
New DraftKings customers can receive a maximum of $150 in Bonus Bets after placing a qualifying $5+ first-time bet. The Bonus Bets are issued over 14 days via click-to-claim, with each Bonus Bet expiring seven days after issuance.
Do I need a promo code?
The current promotion terms supplied for this offer do not specify a promo code. Follow the DraftKings Sportsbook offer link and review the promotion details shown during registration before placing the qualifying wager.
How do I claim the bonus?
- Create a new DraftKings Sportsbook account.
- Meet the eligibility requirements for the promotion.
- Place a qualifying first-time bet of $5 or more on DraftKings Sportsbook.
- Eligible customers can receive up to $150 in Bonus Bets, issued over 14 days via click-to-claim.
What sports qualify?
The supplied promotion terms require a qualifying bet to be placed on DraftKings Sportsbook. Check the current promotion terms in your DraftKings account before placing the wager for any additional market or wager restrictions that may apply.
How are the $150 in Bonus Bets issued?
The maximum $150 in Bonus Bets is divided into six $25 Bonus Bets and distributed over the 14-day reward period through click-to-claim.
- The maximum promotional reward is $150 in Bonus Bets.
- Each Bonus Bet is worth $25.
Are Bonus Bets withdrawable?
No. Bonus Bets are non-withdrawable. The Bonus Bet stake is also removed from the payout when a Bonus Bet wins.
How long are Bonus Bets valid?
Bonus Bets expire 168 hours (7 days) after they are issued. The associated click-to-claims also expire seven days after issuance.
When is the DraftKings promotion available?
The current promotion is scheduled to end on October 11, 2026 at 11:59 PM ET. Promotion availability and eligibility remain subject to the full DraftKings terms.
Where is DraftKings Sportsbook available for this promotion?
According to the promotion terms supplied for this offer, eligible customers must be physically located in one of the following jurisdictions:
- Arkansas
- Arizona
- Colorado
- Connecticut
- District of Columbia
- Iowa
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana, in select parishes
- Massachusetts
- Maryland
- Maine
- Michigan
- Missouri
- North Carolina
- New Jersey
- New Hampshire
- New York
- Ohio
- Oregon
- Pennsylvania
- Puerto Rico, for residents only
- Tennessee
- Virginia
- Vermont
- Wyoming
- West Virginia
- Ontario, Canada
- Alberta, Canada
Customers must meet the applicable minimum age requirement in their jurisdiction. The supplied promotion terms state 21+ in most eligible jurisdictions, 18+ in DC, NH, PR, WY and Alberta, and 19+ in Ontario. Other eligibility restrictions apply.
Where can I read the full terms?
Visit DraftKings Sportsbook Promos and review the specific promotion for the full legal terms, eligibility requirements and qualifying conditions.
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