DraftKings $200 Promo Code | Bet $5 Get $200

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Notice: Bet and Get $200 promo is currently unavailable but you can bet $5 to get $150 instantly.

New customers to DraftKings will have a chance to bet $5 to get $200 in bonus bets.

That’s right, bet $5 and get bonus bets.

All you need to do to receive the $200 in bonus bets is click this link and use BESTODDS200 promo code.

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.

Looking For More Bet & Get Promos?

If you are looking for more bet and get promos, we recommend the following:

Best Way To Use Bet 5 Get 200 Promo

This promotion is a steal because you only need to put down and play $5 to be eligible for $200 in bonus bets.

Even if your initial wager doesn’t hit, as long as it’s over $5, you’ll get $200 in bonus bets.

You can choose any NFL, MLB, NBA, or other moneyline or spread bet.

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.

Either way though, you can’t lose with any initial bet because you’re getting $200 in bonus bets regardless!

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.

Maximize Your Bonus: Play Smart, Not Safe!

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?

Bet $5, Get $200 Promo Rules

Taking advantage of the DraftKings new customer offer is easy — just follow these steps:

  • Create a DraftKings account.
  • Deposit $5 or more into your account.
  • Place your first wager of $5 or more on any sport.
  • You’ll receive eight (8) $25 Bonus Bets instantly!

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 OnJanuary 2024
Expires OnFebruary 2024
Promo TypeNew User Promo
SportsbookDraftKings Sportsbook
Promo CodeBESTODDS200

Terms & Conditions

  • First-time DraftKings Sportsbook customers only.
  • Make a deposit of $5+ into your Sportsbook account.
  • Place a wager of $5+ on any pre-game moneyline.
  • If your bet wins, you will receive $200 in bonus bets, in addition to any cash winnings from your original wager once it settles.
  • Your first placed wager of $5+ on any pre-game moneyline will be your qualifying wager
  • Bonus paid as eight (8) $25 Bonus Bet.
  • Bonus Bet also not redeemable for cash, non-transferable, and non-refundable.
  • Bonus Bet amount is not included in any returns or winnings.
  • Bonus Bets are valid for seven (7) days. For the avoidance of doubt, the seven (7) day completion period is measured as 168 hours from the time the Free Bets are placed in the customer’s Sportsbook account. Failure to use the Free Bets will void the award.
  • Excludes live bets, bonus bets, cash-out bets, odds boosts, profit boosts, parlays, same-game parlays, and voided bets.
  • One (1) qualifying bet per customer.
  • Must be 21+, unless otherwise stated, and located in MA, OH, AZ, CO, CT, IA, IN, KS, LA, MI, NJ, NY, PA, TN, VA, WY, or WV.

Regular Sign-Up Bonus

If you sign up for this offer, you will not be eligible to receive the 20% deposit match bonus of up to a $1,000 welcome offer.

If you would rather have that signup bonus, you can click on this link.

This offer is available to people signing up in Massachusetts, Maryland, Ohio, New Jersey, Colorado, Indiana, West Virginia, Indiana, Tennessee, Pennsylvania, Michigan, Virginia, Iowa, New York, DC, Arizona, and Wyoming.

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