The DraftKings promo code offer now provides $150 in instant bonus bets from your first $5 wager on any market or odds. You’ll find this welcome offer in over 20 sports betting states by setting up a new account — you can click here to set up the account — followed by at least a $5 deposit and bet on anything you prefer.

We’ll walk you through the details of the offer and how to qualify. You can use any module throughout this piece or the one below to navigate directly to the sign-up page with no DraftKings promo code necessary.

Yes, DraftKings doesn’t place any sports, market or odds restrictions on your type of bet. It can be a straight bet or parlay and only takes a single bet to instantly earn the bonus bets.

NFL action returns on Thursday for the NFL Hall of Fame Game that kicks off the preseason. Until then, you can find a full slate of MLB action on Wednesday starting at 12:10p.m. ET all the way until the Oakland A’s take on the San Francisco Giants at 9:45p.m. ET.

Bet $5, Get $150 in instant bonus bets

This is one of the simplest and best value offers you’ll find among top sports betting apps. It also has one of the lowest deposit requirements at $5 to get started.

You’ll place any type of bet, such as the Los Angeles Dodgers -102 over the San Diego Padres on Wednesday.

After submitting the betslip, you immediately receive $150 in bonus bets. Next, if your bet hits, you also profit cash and keep your stake from the wager.

The bonus bets are paid out as six $25 bonus bets that last for seven days in your account. This means each $25 bonus bet must be used in its entirety and cannot be sprinkled across bets such as five $5 bets.

Here’s how a bonus bet wager works:

Let’s say I use one of the $25 bonus bets on a +300 parlay and it hits.

DraftKings recently launched in the District of Columbia and provides an elevated offer for new bettors. It is essentially the same bet/get mentioned above but with an elevated $200 in instant bonus bets instead of the $150.

This DraftKings DC promo code offer is most likely for a limited time as sportsbooks usually elevate offers for new locations temporarily. You can click this link if you’re geolocated in DC to find the elevated DraftKings promo.

21+. Must be physically located in AZ, CO, CT, IA, IL, IN, LA, KS, KY, MA, MI, MD, ME, NC, NJ, NY, OH, PA, VT, TN, VA, WV, WY. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (AZ/CO/IA/IL/IN/KS/KY/LA/MD/ME/MI/NC/NH/NJ/OH/OR/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.1800gambler.net (WV).

Gambling Problem? Call or text 1-800-GAMBLER or visit dclottery.com/player-resources/play-responsibly.
18+. Physically present in DC. Subject to regulatory licensing requirements. Terms: draftkings.com/sportsbook/dc. Valid 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Ends 8/18/24 11:59 PM ET. Terms: draftkings.com/sportsbook/dc.