DraftKings Promo Code: Score A Bet $5, Get $150 Bonus In March 2024

Last Updated: Mar 26, 2024
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Fact Checked By: Paul Shapiro

The DraftKings promo code gives new sportsbook customers an exclusive welcome offer when they register and bet today. When you sign up with the DraftKings promo code, you can get a bet $5, get $150 in bonus bets welcome offer on one of the best sports betting apps in your state. One of the best parts about the DraftKings promo code is that you do not need to enter a promo code to activate the offer. Just click through the links on this page to claim a bet $5, get $150 in bonus bets welcome offer using one of the top sportsbook promo codes today. 

When you use the DraftKings promo code, you not only get access to one of the best sports betting sites but it also opens up the door to other DraftKings promo codes, offers, and features like odds boosts, live betting, bonus bet offers, and same game parlays.

Sign up via the "BET NOW" button below to create a new DraftKings Sportsbook account and take advantage of this exclusive DraftKings promo code to secure bonus bets today.

DraftKings Promo Code Overview For March 2024

🎁 DraftKings Promo CodeBet $5, Get $150 In Bonus Bets
📲 DraftKings Mobile App AvailabilityiOS and Android devices
🥇 Why Choose DraftKings Sportsbook?Prestigious brand and friendly user experience
📆 Promo Last UpdatedMarch 26, 2024

DraftKings Sportsbook was one of the first legal sportsbooks in the U.S. DraftKings began as a brand in the fantasy sports space, back in 2012, and made the logical transition to legal sports betting.

It first launched its online sportsbook in New Jersey -- the state that spearheaded the charge in overturning PASPA -- in August 2018 and has continued to expand across the legal sports betting industry since. The DraftKings Sportsbook app was the first legal online sports betting app in New Jersey upon launch, and remains a go-to choice for online sports bettors throughout the country.

The DraftKings Sportsbook app and website are now active in 20-plus legal sports betting states. Those DraftKings Sportsbook legal states include Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Kentucky, Maine, and Vermont are the latest states where DraftKings Sportsbook launched its mobile app and site in September 2023, November 2023, and January 2024, respectively. We expect DraftKings Sportsbook North Carolina to launch on March 11, 2024. 

Continue reading this DraftKings promo code review for instructions on how to claim the DraftKings promo code welcome bonus and to learn about the top features of the DraftKings Sportsbook app, along with all you need to know about the many sports betting markets, bet types, payment options, and other DraftKings promo codes available to sports bettors.

Click the "BET NOW" button below to claim your bonus bets sign-up offer with the DraftKings promo code.

DraftKings Sportsbook Star Rating

DraftKings Sportsbook is one of the top sports betting sites on the market today. Check out its star rating table below to see how it measures up in multiple notable usability categories, including banking methods and betting options. 

CriteriaRating
💰 DraftKings Sportsbook Overall⭐⭐⭐⭐⭐ 4.7/5
🏦 Deposit/Withdrawal⭐⭐⭐⭐
📱DraftKings App User Experience⭐⭐⭐⭐⭐
🎁 Bonus/Promos⭐⭐⭐⭐⭐
⚽ Betting Options/Odds⭐⭐⭐⭐

DraftKings Promo Code & Current Offers | March 2024

The current DraftKings promo code welcome bonus offer gives new users bet $5, get $150 in bonus bets welcome offer. To claim it, you'll need to click through one of the sign-up links on this page and make a minimum deposit and first bet. Once you complete those actions, you get bonus bets no matter the result of the first bet. 

Sports bettors must meet minimum age requirements and be in a legal sports betting state to use the DraftKings promo code. Geolocation will help to identify which state you are in.

Other current offers include odds boosts, bet-and-get bonuses, and the DraftKings Sportsbook Refer-A-Friend program, which gives sports bettors up to 10 100% profit boosts. We have also seen DraftKings Sportsbook offer bet-and-get welcome offers. 

How To Claim The DraftKings Promo Code Welcome Bonus

StepInstructions
1.Click the "BET NOW" link on this page to create a new DraftKings Sportsbook account.
2.Complete the new user registration form with your personal identifying information.
3.Make a qualifying deposit of at least $5 using any of a myriad of payment methods available.
4.Place a first bet on any sports betting market and bet type that qualifies for the DraftKings promo code sign-up offer.
5.Bonus bets will be credited to your DraftKings account no matter the first bet's outcome.

Let's walk you through exactly how new users can claim the DraftKings promo code. You can start sports betting on the DraftKings sports betting app or choose to use the desktop or mobile version of the site.

As long as you are of legal betting age and a new DraftKings Sportsbook user, follow the steps below:

  1. Click the "BET NOW" link on this page to create a new DraftKings Sportsbook account.
  2. Complete the new user registration form with your personal identifying information.
  3. Make a qualifying deposit of at least $5 using any of a myriad of payment methods available.
  4. Place a first bet on any sports betting market and bet type that qualifies for the DraftKings promo code sign-up offer.
  5. Bonus bets will be credited to your DraftKings account no matter the result of your first bet. 

Any awarded bonus bets from the DraftKings promo code are not included in winnings. Bonus bets are valid for 7 days before they expire.

Sign up now to claim your bet $5, get $150 in bonus bets welcome offer now. 

Sign Up With The DraftKings Sportsbook App

Downloading the DraftKings Sportsbook app and claiming the DraftKings promo code is advised to enjoy the best online sports betting experience. With the DraftKings sports betting app, you'll have access to all of the top products and features, including app-specific DraftKings bonus bet offers.

The DraftKings mobile app is one of the best sports betting apps in the business. It is available on iOS via the Apple App Store and for Android users in the Google Play Store. The download process for the DraftKings Sportsbook app is quick and easy.

Simply follow the steps below to get started with bonus bets on the DraftKings Sportsbook app today:

  1. Click the "BET NOW" link on this page, which will send you to the DraftKings Sportsbook sign-up page.
  2. Enter all of your personal details on the DraftKings Sportsbook registration page, including your name, phone number, email address, and home address.
  3. Deposit a minimum of $5 to claim the DraftKings Sportsbook promo code welcome bonus offer.
  4. Download the DraftKings Sportsbook app to your mobile device to place your first bet.
  5. Place a qualifying wager via the mobile app to activate the bet $5, get $150 in bonus bets welcome offer.
  6. You get bonus bets no matter the outcome of your first bet on DraftKings Sportsbook. 

New sports bettors who register for a DraftKings Sportsbook account using the DraftKings promo code sign-up link below will gain access to a top sports betting experience as well as bonus bets at sign-up.

Sign up and download the DraftKings mobile app at DraftKings Arizona, DraftKings Colorado, DraftKings Connecticut, DraftKings Iowa, DraftKings Illinois, DraftKings Indiana, DraftKings Kansas, DraftKings Kentucky, DraftKings Louisiana, DraftKings Maine, DraftKings Maryland, DraftKings Massachusetts, DraftKings Michigan, DraftKings New Hampshire, DraftKings New Jersey, DraftKings New York, DraftKings Ohio, DraftKings Oregon, DraftKings Pennsylvania, DraftKings Tennessee, DraftKings Virginia, DraftKings West Virginia, or DraftKings Wyoming. You must be at least 21 years old to use the DraftKings promo code in all states, except for Wyoming where the minimum age to sports bet is 18.

Claim the best DraftKings promo code for new sports bettors today to get a bet $5, get $150 in bonus bets welcome offer. 

How To Bet With DraftKings Sportsbook

Online sports bettors can wager on DraftKings Sportsbook on a wide array of sports betting markets and bet types. Whether you choose to make NFL picks on NFL odds or prefer NBA player props, DraftKings Sportsbook has everything sports bettors could want.

On the DraftKings Sportsbook app and site, you can easily find live betting action, featured DraftKings betting promos, and the latest games and sports betting markets. To browse the wide array of betting markets and bet types on DraftKings Sportsbook, simply click the sports betting menu down the left side of the homepage or on the mobile app. Scroll down and you'll see a list of 30-plus sports, including popular U.S. sports and international sports betting markets.

Pick your sport and you'll be able to find the latest betting odds along with featured games. Sports bettors will also see various DraftKings promotions, like odds boosts or seasonal DraftKings promo code offers. Choose to bet on NHL odds like Stanley Cup odds or the latest Super Bowl odds at DraftKings Sportsbook.

Simply click on the "BET NOW" link to sign up and place your first bet today.

Types Of Bets To Make Using DraftKings Sportsbook

DraftKings Sportsbook has every bet type and sports betting market that sports bettors have become accustomed to in the mobile sports betting industry.

These are the most common bet types to choose from at DraftKings Sportsbook:

  • Moneyline Bets
  • Point Spread Bets
  • Over/Under Bets
  • Parlay Bets
  • Futures Bets
  • Teaser Bets
  • Prop Bets
  • Live Betting
  • Same Game Parlays

When you sign up with the DraftKings Sportsbook promo code, you can sample these bet types and more. Claim a bet $5, get $150 in bonus bets welcome offer with the DraftKings promo code now!

Explore DraftKings Sports Betting App And Site

The DraftKings sports betting app is very similar to the desktop and mobile version of the DraftKings online sportsbook website. Functionality and navigation are highly rated, with the DraftKings Sportsbook sports betting menu providing sports bettors with one of the most expansive betting menus in the industry. Explore sports betting markets and bet types in all the different sections of the DraftKings mobile app with ease.

After using the DraftKings promo code, sports bettors can access to sports betting menu, pointing to contests and tournaments as well as live featured events on the mobile app and online sportsbook site.

Live Cash Out Options With DraftKings Sportsbook

Cash out is an innovative feature available at DraftKings Sportsbook. Sports bettors can cash out a bet with live odds, or you can even cash out part of your bet during the game. Cash out is available on select sports and betting markets on DraftKings Sportsbook and can be advantageous if you find yourself in a position to win big and you want to hedge your bet. Cashing out can also minimize your risk, as you can use it to cash out a parlay that's down to its last leg as well.

Odds Boosts With DraftKings Sportsbook

You can place wagers every day with odds boosts on DraftKings Sportsbook. Odds boost are a staple with boosts typically ranging from 10 to 25 percent. Locate boosted odds offers through the DraftKings Sportsbook Promotions page and your personal rewards, where you can also find profit boosts and odds surges. After adding a qualifying bet to your bet slip, hit the "Bonus Available" link on the bet slip to select the boost you want to apply.

User Feedback On The DraftKings Sportsbook App

The user feedback on the DraftKings Sportsbook app is positive from both iOS and Android users. The DraftKings Sportsbook app has a rating of 4.8/5 with more than 619,000 ratings in the Apple App Store and is ranked #3 in Sports. On Android, there has been over 1 million DraftKings Sportsbook app downloads from the Google Play Store with a combined score of 4.6/5 from 115,000 reviews.

DraftKings Casino Promo Code

DraftKings Casino also has a DraftKings Casino promo code which provides new users with a deposit bonus that pays out bonus bets. The DraftKings Casino app can also be downloaded from both the Apple App Store and Google Play Store. DraftKings online casino provides users with the ability to play slots, blackjack, and live dealer games.

Choose to play at the DraftKings Casino after you've used the DraftKings promo code to sign up at DraftKings Sportsbook today.

What Sports Can You Bet On At DraftKings Sportsbook?

Not only does the DraftKings Sportsbook promo code give new users a bet $5, get $150 in bonus bets welcome offer, but the online sportsbook also has one of the most comprehensive sports betting menus in the industry.

These are the most popular sports you can bet on at DraftKings Sportsbook (in alphabetical order):

  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Football
  • Golf
  • Hockey
  • MMA/UFC
  • Soccer
  • Tennis

A quick glance above shows you just some of the sports betting options available when you sign up with the DraftKings Sportsbook promo code. Make sure you put your DraftKings sign-up bonus bets to good use by making wagers on any of the above sports betting markets.

NFL betting markets, MLB odds, and NBA betting are top options, along with MMA betting, soccer, and golf. Super Bowl odds are live year-round in the NFL futures market with NFL live betting accounting for a large slice of the DraftKings sports betting handle. NFL player props are another top choice, while NFL game odds like total and spreads continue to reign supreme.

Pros And Cons Of DraftKings Sportsbook

DraftKings Sportsbook is one of the best online sportsbook sites and apps for sports bettors in the nation. As is true with any online sports betting operator, there are always pros and cons to consider.

Here are the top pros and cons of DraftKings Sportsbook:

Pros of DraftKings Sportsbook 

  • The DraftKings Sportsbook promo code that gives new users a bet $5, get $150 in bonus bets welcome offer. 
  • A smooth interface with a user-friendly online sports betting platform on both the DraftKings Sportsbook app and website.
  • An expansive range of sports betting markets, including a large menu of prop bets.
  • A plethora of fast and easy payment methods with quick withdrawal processing times.

Cons of DraftKings Sportsbook 

  • Feedback indicates that DraftKings customer service could be more efficient.
  • Users sometimes complain that the DraftKings Sportsbook app can be slow at times.

The best way to get started online sports betting is to sign up yourself using the DraftKings bonus code welcome offer that gives you a bet $5, get $150 in bonus bets welcome offer when you sign up with the link below and bet today. 

Stay Updated On DraftKings Sportsbook Promotions

The value of ongoing promotions cannot be understated when you register to a new online sportsbook account at DraftKings Sportsbook. Sport-specific deals and special event bonuses add value to your DraftKings Sportsbook betting experience. Choose to place moneyline bets for bonus bet credits, claim odds boosts, or simply make same game parlays in the DraftKings mobile app or on the DraftKings Sportsbook website.

Start with the DraftKings Sportsbook promo code welcome bonus to claim a bet $5, get $150 in bonus bets welcome offer, and then check the Promotions tab of the DraftKings mobile app or site to stay updated on other DraftKings Sportsbook promotions.

Is DraftKings Sportsbook Legal?

Yes, DraftKings Sportsbook is legal. After the DraftKings app went live in New Jersey in 2018, it has since launched its online sports betting product in more than 20 states, with more on the horizon.

Here's a list of current states in which DraftKings Sportsbook is legal and licensed to operate, along with its partner (where applicable) and when it launched:

  • Arizona - TPC Scottsdale - September 2021
  • Colorado - Bally's Black Hawk - May 2020
  • Connecticut - Foxwoods Resort & Casino - October 2021
  • Iowa - Wild Rose @ Clinton/Emmetsburg/Jefferson - February 2020
  • Illinois - Casino Queen - August 2020
  • Indiana - Ameristar Casino - October 2019
  • Kansas - Boot Hill Casino and Resort - September 2022
  • Kentucky - Cumberland Run Racetrack - September 2023
  • Louisiana - Golden Nugget Boulevard, Lake Charles - January 2022
  • Maine - November 2023
  • Maryland - Partnership with M&T Stadium - November 2022
  • Massachusetts - March 2023
  • Michigan - Bay Mills Resort & Casino in Brimley - January 2021
  • New Hampshire - Filotimo Casino & Restaurant - December 2019
  • New Jersey - Resorts Atlantic City Casino & Hotel - August 2018
  • New York - Del Lago Casino and Resort - January 2022
  • Ohio - App partnership with Hollywood Casino in Toledo - January 2023
  • Oregon - January 2022
  • Pennsylvania - Meadows Casino - November 2019
  • Tennessee - November 2020
  • Virginia - January 2021
  • West Virginia - Hollywood Casino Charles Town Races - August 2019
  • Wyoming - September 2021

Claim your bonus bets today with the DraftKings promo code in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, OH, PA, VA, WV, and WY via the "BET NOW" sign-up link below. Then, place your first bet via the DraftKings app or site to get a bet $5, get $150 in bonus bets welcome offer today. 

Future DraftKings States

DraftKings Sportsbook North Carolina is set to be the next launch for the DraftKings mobile app and site. While a specific date has yet to be announced, we are edging closer to DraftKings joining another sports betting industry in the Tar Heel State. DraftKings Sportsbook is also expected to soon launch in Vermont.

DraftKings North Carolina

With North Carolina set to be the first new sports betting market launch in 2024, DraftKings Sportsbook is expected to join the sports betting market with the DraftKings North Carolina promo code sign-up bonus for new sports bettors. When legal sports betting launches in North Carolina, DraftKings will offer a new user DraftKings promo code along with other DraftKings promo codes and offers.

The North Carolina State Lottery Commission will regulate and oversee sports betting in the Tar Heel State once it goes live, so be sure to bookmark this page for updates.

Best Banking Options At DraftKings Sportsbook

DraftKings Sportsbook comes equipped with lots of top banking choices, which emphasize security and ease of use. Two of the best payment options to make your first-time $5 deposit after signing up with the DraftKings promo code are PayPal and credit cards.

A rundown of the best banking options includes the following, with max withdrawal limits in parentheses:

  • PayPal and eWallets - (Max $60k)
  • Debit and Credit Cards - (Max $25k)
  • eCheck - (Max $100k)
  • Online Banking - (Max 100k)
  • Venmo - (Max $20k)
  • Apple Pay - (Max $25k)
  • Play+ Prepaid Card - (Max $25k)
  • Wire Transfer
  • Cash at Cage
  • Check via Mail (takes up to two weeks)

Most withdrawals are processed within two days, but online banking can take up to five days. Debit card withdrawals can reach your account within 24 hours while an e-check can take up to three days.

Explore Secure Payment Options For Deposits And Withdrawals

Your available funds at DraftKings Sportsbook are easy to account for, with all deposits made with SSL encryption. The deposit methods available to you will depend on your legal sports betting state. If you wish to withdraw to another method, you may have to offset your deposits from your original payment method first.

How To Cash Out Your Earnings From DraftKings Sportsbook 

To cash out your winnings from DraftKings Sportsbok, go to the deposit and withdrawal section on the "My Account Information" page and click "Withdraw." Type in the amount you want to withdraw and check the withdrawal processing times and limits with your desired payment method. DraftKings Sportsbook provides multiple withdrawal options to best meet your personal needs.

DraftKings Sportsbook Security And Customer Support

DraftKings Sportsbook is overseen and regulated by independent regulatory bodies in each state it holds a sports betting license. The online sportsbook implements advanced security and industry-leading SSL technology with leading encryption and data protection for the safety of its sports bettors. Further protection is available using features like password-protection or enabling two-factor authentication. All responsible gambling features are also available at DraftKings Sportsbook including limit setting and self-exclusion.

The DraftKings sports betting app is independently audited in each state. Customer support at DraftKings Sportsbook is becoming more efficient as states continue to legalize online sports betting. The DraftKings customer service team is available 24/7 via its live chat feature on the website with responses from customer support also available phone, email, and a DraftKings Sportsbook FAQ.

Does DraftKings Have A Rewards Or Loyalty Program?

Yes, DraftKings has a rewards and loyalty program called the DraftKings Dynasty Rewards Program. It is a comprehensive loyalty program, which offers perks and prizes such as merchandise and bonus bets in exchange for Crowns and Tier Credits. Sports bettors can earn Crowns and Tier Credits for every $1 spent at DraftKings Sportsbook. Earn Tier Credits and climb the tiers for more rewards in the DraftKings Dynasty Rewards Program after you've signed up with the DraftKings promo code to create your new DraftKings Sportsbook account today.

Comparing DraftKings To Other Sportsbooks

DraftKings Sportsbook is one of the best online sportsbooks in the sports betting industry. The DraftKings Sportsbook promo code compares favorably to the welcome bonuses of other top sportsbooks like BetMGM, Caesars Sportsbook, and FanDuel as you get a bet $5, get $150 in bonus bets welcome offer that gives you bonus bets after your first bet settles. 

DraftKings has a plethora of standout online sports betting offers, like odds boosts, profit boosts, and early cash out, along with a wide choice of bet types and sports betting options. The many payment methods and a high-quality mobile app make DraftKings Sportsbook a top choice for sports bettors.

The DraftKings bonus compares well to other new user sign-up bonuses with its bet $5, get $150 in bonus bets welcome offer. These top online sportsbooks offer a similar mobile sports betting product as well as welcome bonus offers. The BetMGM bonus code ROTOBONUS gives you a $150 in bonus bets offer while the Caesars Sportsbook promo code ROTO1000 gives new users a First Bet on Caesars, up to $1,000. Another top sportsbook promo code is the new ESPN BET promo code ROTO, which nets new bettors $150 in bonus bets with a $10 first bet. 

Our DraftKings Sportsbook review is very favorable with the DraftKings Sportsbook promo code sign-up bonus only adding to the online sports betting experience. Sign up today for a bet $5, get $150 in bonus bets welcome offer on one of the best online sportsbooks in your state. 

DraftKings DFS vs. DraftKings Sportsbook

DraftKings DFS is the product that started it all for DraftKings. Now, with DraftKings Sportsbook, bettors can wager on more than just daily fantasy sports. From prop bets to live betting, DraftKings online sportsbook has become the signature brand for DraftKings.

What makes it even better is that you toggle between the DraftKings Sportsbook and the DraftKings DFS product using the tabs at the top of the website. You can use the same DraftKings promo code for existing users of the DFS product to sign up for a new DraftKings account, similar to the DraftKings fantasy promo code. However, you do need two separate apps to bet at DraftKings Sportsbook and play DraftKings DFS.

You'll find a lot of overlap in both DraftKings products, and we highly recommend both. Sign up today using the DraftKings promo code.

Our Take On The DraftKings Sportsbook Promo Code

The DraftKings Sportsbook promo code is one of the best sign-up bonuses available for new users. We recommend collecting the bet $5, get $150 in bonus bets welcome offer to get started on this top-rated online sportsbook.

The DraftKings sign-up bonus ranks among the best of the best for an array of reasons. The bonus bet credits from the DraftKings Sportsbook promo code have a 1x playthrough requirement and expire in seven days, which stack up well when compared to other top online sportsbooks. The DraftKings promo code offer nets instant bonus money, another perk of signing up a new sports betting account at DraftKings Sportsbook.

Now that you've read this DraftKings Sportsbook review, sign up via the "BET NOW" link below to claim the best DraftKings promo code for new users today.

DraftKings Promo Code FAQ

Is DraftKings Sportsbook legit?

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Yes, DraftKings Sportsbook is legit. It was one of the first online sportsbooks to go live when sports betting was legalized in 2018. Before launching in New Jersey, and more than 20 legal sports betting jurisdictions since DraftKings Sportsbook is one of the top online sports betting apps and sites in the nation.

Is in-play betting offered at DraftKings?

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Yes, in-play betting, also known as live betting, is offered at DraftKings Sportsbook. After you sign up with the DraftKings Sportsbook promo code, you'll have access to some of the top live betting markets in the industry.

Does DraftKings give you bonus bets for signing up?

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Yes, DraftKings gives you bonus bets for signing up as a new user. The DraftKings promo code gives new users a bet $5, get $150 in bonus bets welcome offer when they sign up and bet today. 

Does DraftKings give you bonus bets for signing up?

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Yes, DraftKings gives you bonus bets for signing up as a new user. The DraftKings promo code gives new bettors a bet $5, get $150 in bonus bets welcome offer. 

What are the top features at DraftKings?

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The top features at DraftKings Sportsbook include odds boosts, same game parlays, and an early cash out option. Live betting is another top feature that can be found in both the DraftKings mobile app and site.

What promo code do I use for DraftKings?

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Many new users search for "Draft Kings promo code" when all they need to do is click on the "BET NOW" sign-up link to claim the promo code for DraftKings. New users that register with the DraftKings promo code get a bet $5, get $150 in bonus bets welcome offer when they register and bet today. 

Does DraftKings have a deposit bonus?

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There is no DraftKings deposit bonus, but you can sign up with the DraftKings Sportsbook promo code to claim a bet $5, get $150 in bonus bets welcome offer. 

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Bryan Nicholson
Contributor since October 2023
Bryan Nicholson has been involved with gambling for most of his adult life and has been working in the industry for nearly fifteen years producing content, editing, and tipping. A keen sports bettor and poker player, Bryan has a background in mathematics and probability through an Engineering course in college. Bryan has written for several publications and big betting operators in the sports betting niche. Bryan is the author of two books on sports betting including Hypnotised by Numbers.
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