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Note: This offer is currently paused in favor of the Bet $5, Get $300 in Bonus Bets If It Wins promo.
New customers to DraftKings will have a chance to
That’s right, bet $5 and get bonus bets.
Create a DraftKings account, deposit $5 or more, and place a $5+ wager on a pre-game moneyline as your first bet on DraftKings on NFL games, NBA, or any other sport.
Be sure to also read the full terms and conditions before betting taking advantage of this DraftKings new user promo for betting on sports.
If you are looking for more bet and get promos, we recommend the following:
This promotion is a steal because you only need to put down and play $5 to be eligible for $300 in bonus bets.
Even if your initial wager doesn’t hit, as long as it’s over $5, you’ll get $300 in bonus bets.
You can choose any pre-game moneyline bet on NFL, MLB, NBA, or other sports — spread, live, or parlay bets do not qualify.
The key is winning your first bet – you shouldn’t worry about the odds but just picking a winner.
You can think of this almost like an odds boost deal – you bet $5 at (+3000) odds on any wager, so you’ll want to select the bet with the best odds and shot at winning, without focusing on the original odds.
We recommend taking a heavy favorite, the bigger the better, and betting $5 on their moneyline.
Ideally, this would be in a lower-variance sport.
As long as your first pre-game moneyline wager of $5+ qualifies under the terms, you’ll receive $200 in bonus bets — win or lose.
An important note is that your bonus bets will expire 7 days after being issued, so make sure to use them within that timeframe so they don’t expire and you miss out.
It’s also key to know you won’t get your stake back on bonus bets.
You’ll only get the profits if your bet wins.
So if you put a $25 bonus bet on a (-200) odds bet, you would only get the $12.50 in profits, not your $25 stake.
This motivates bettors to take longer odds bets – underdogs, parlays, or futures – to maximize the bonus bets.
If you take a favorite you might be more likely to win, but you’d also be leaving money on the table.
Since you only get bonus bet winnings, taking a riskier wager with longer odds is the best way to get the most value from your bonus and welcome offer.
The system nudges you towards the thrill of the chase. Longer odds, underdogs, parlays, futures – that’s where the real action is.
Sure, backing a favorite might seem like a safe bet, but why leave cash on the table?
With only the winnings from bonus bets up for grabs, why not shoot for the stars?
Because bonus bets return winnings only (not the stake), longer odds can result in higher potential payouts. However, remember that higher odds also carry a higher risk of loss.
Taking advantage of the DraftKings new customer offer is easy — just follow these steps:
Bonus Bets are valid for seven (7) days and failure to use them will void the promotion.
You are not allowed to combine bonus bets or your qualifying wager with odds boosts, profit boost, or bets settled using the cash-out feature.
Don’t forget to read the full terms and conditions before betting.
| Starts On | 14 April 2025 |
| Expires On | 18 May 2025 |
| Promo Type | New User Promo |
| Sportsbook | DraftKings Sportsbook |
| Promo Code | BESTODDS200 |
1 per new customer.
Get max. $300 in Bonus Bets if your bet wins
Min. -500 odds req.
Token and Bonus Bets are single-use and non-withdrawable.
Token expires 2/1/2026.
Bonus Bets expire in 7 days (168 hours).
Bonus Bets issued as (12) $25 Bonus Bets.
Stake removed from payout.
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). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 2/1/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 1/25/26 at 11:59 PM ET. Sponsored by DK.
New customers can receive $200 in Bonus Bets after placing a $5+ pre-game moneyline wager. The offer is valid from April 14 to May 18, 2025, and bonus bets are issued as eight (8) $25 bets.
Yes, if prompted. Use BESTODDS200 during registration. However, if you click through a tracked affiliate link, the promo may be applied automatically.
You must place a pre-game moneyline bet on any sport (NFL, MLB, NBA, NHL, etc.). Spread bets, parlays, live bets, and SGPs do not qualify.
Yes. If your qualifying bet wins, you’ll receive both:
No. Bonus Bets are non-withdrawable, but winnings from those bets are withdrawable once the bonus is used and settled.
Bonus Bets are valid for 168 hours (7 days) from the moment they’re credited to your account.
No. Bonus Bets must be used individually. You cannot combine them or use them on cash-out or boosted markets.
As of this promotion, DraftKings Sportsbook is available in:
You must be 21+ and physically located in one of these states.
Visit DraftKings Sportsbook Promos and scroll to the specific promo for full legal terms and qualifying conditions.
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