DraftKings Promo Code June 2026: Bet $5, Get $200 in Bonus Bets

DraftKings Sportsbook Promotion – June 2026

New DraftKings customers can bet a $5 qualifying bet on any market and get $200 in bonus bets, and that $200 lands whether the first bet wins or loses. You do not need to type a DraftKings promo code. The link on this page applies the offer when you sign up, so the job is just deposit, bet, done.

Here is how the $200 pays out. Once your first $5 or larger bet settles, DraftKings credits the bonus as eight separate $25 bonus bets. Those bonus bets stay live for seven days before they expire, and the stake is not returned when a bonus bet wins. The minimum deposit is $5, the same number you need for the qualifying bet, so $5 is the real cost of entry.

While Reddit threads often claim to have “secret” codes, the official Oddschecker DraftKings link is the only verified way to secure this $200 offer safely and directly from the sportsbook.

The offer runs through July 19, 2026 at 11:59 PM ET, and is open to new DraftKings customers only, 21+ (18+ in DC, KY, NH, PR and WY), betting from an eligible state. Gambling problem? Call 1-800-GAMBLER.

How to Claim the DraftKings $200 Bonus 

Claiming the DraftKings offer takes just a couple of minutes:

Step 1: CLICK HERE or visit DraftKings website to register - this ensures you qualify for the $200 bonus

Step 2: Create your DraftKings Sportsbook account (it only takes about two minutes).

Step 3: Deposit at least $5. Most methods land instantly.

Step 4: Place your first $5+ wager on any sport. Moneyline, spread, total, the choice is yours.

Step 5: You’ll receive $200 in Bonus Bets instantly whether your first wager wins or loses.

How Beginners Can Maximize the DraftKings Welcome Bonus

The DraftKings “Bet $5+, Get $200” welcome bonus is one of the most beginner-friendly offers in the sportsbook world. It’s simple, fast, and gives new bettors a chance to explore DraftKings’ features while building their balance with bonus bets.

If you’re new to sports betting, here are a few proven strategies to make the most of your DraftKings welcome offer:

1. Start with a Simple, Low‑Risk First Bet

Since your $5+ wager now unlocks the $200 Bonus Bets, focus on placing a straightforward, low‑risk wager to ensure your qualifying bet wins without complications. A basic moneyline or standard market is the easiest way to trigger the offer while keeping things simple for new bettors.

2 . Use Your $200 in Bonus Bets Strategically

Once your first wager settles and the $200 in bonus bets hit your account, divide them into multiple smaller bets instead of placing one big wager. This gives you more opportunities to test different markets and learn how odds move - all without risking your own cash.

3 . Explore DraftKings’ Player Prop and Live Betting Tools

DraftKings’ interface makes it easy to experiment with player props, Same Game Parlays (SGPs), and live in-game betting. Use your bonus bets here - they’re perfect for testing high-upside bets without personal risk.

4 . Set a Betting Budget Early

New bettors should always set a deposit limit and bankroll strategy. Starting small helps you learn the platform’s features - from odds boosts to parlay building - gambling responsibly without chasing losses.

How Much Your $200 In DraftKings Bonus Bets Is Actually Worth

Bonus bets are not worth their face value, and most pages will not tell you that. Because DraftKings keeps the stake (the value of the bonus bet you put up) when a bonus bet wins, $200 in bonus bets converts to less than $200 in cash. How much less comes down entirely to the odds you place them at. For example, if you put in $100 at +150 odds, you will receive $150 in profit if you win, while DraftKings keeps the original $100 stake. We ran the numbers on the eight $25 bonus bets to show what they are really worth.

Start with the qualifying bet, because it is the one spot to keep simple. The odds don't matter. The $200 is paid win or lose, so a $5 bet on any market triggers the offer no matter how it settles. Spend as little thought on it as the terms allow.

These are rough cash values per $25 bonus bet, before DraftKings' margin, so real value runs a touch lower.

Odds you place a $25 bonus bet at	Approx. chance it wins	Cash value you keep
Even (+100)	~50%	~$12.50 (50%)
+150	~40%	~$15.00 (60%)
+200	~33%	~$16.70 (67%)
+300	~25%	~$18.75 (75%)
+400	~20%	~$20.00 (80%)

Across all eight, that puts the real cash value of the $200 at roughly $100 at even-money odds, and under $200 wherever you place them. Most individual bonus bets lose, which is normal, so treat the offer for what it is: house money for a week of entertainment, not income and not a bankroll to grow. Use the eight bonus bets on the games and props you would watch anyway, set a deposit limit before you start, and only stake what you are comfortable losing. They expire seven days after they land, so spread them across that week and keep it fun. Gambling problem? Call 1-800-GAMBLER.

About DraftKings Sportsbook

Founded in 2012 by Paul Liberman and others, DraftKings first gained national attention through Daily Fantasy Sports (DFS) contests. It launched its full sportsbook in New Jersey in 2018, quickly becoming one of the most trusted names in legal online betting.

Now active across states like Arizona, Colorado, Illinois, Michigan, New York, Ohio, and more, DraftKings is also publicly traded on NASDAQ, underlining its credibility and transparency. The brand’s blend of sleek software, strong odds, and rewarding bonuses has made it a staple for both casual bettors and serious sports fans.

DraftKings is one of the most recognized daily fantasy sports brands in the world, operating in most US states and several other countries. More recently, it’s begun offering its DraftKings Sportsbook to customers in several states, including New Jersey, West Virginia, Indiana, Pennsylvania, Iowa, Colorado, and New Hampshire. It has a wide selection of markets to bet on, easy to use software and great promotions to help you get the most out of your sports betting. Read our review and learn more about why you should sign up for DraftKings.

DraftKings Sportsbook Daily & Weekly Promotions -

Below are the epic promotions that DraftKings is running today:

• NBA King of the Court:

  Use your qualifying token on a pre-game NBA player prop and enter to win a share of $2 million in bonus bet prizes.

• Soccer SGP(x) Boost: Get a profit boost to use on a 4+ leg soccer SGP or SGPx bet today.

• World Baseball Classic SGP Boost: Get a profit boost to use on a 3+ leg World Baseball Classic SGP bet today.

• Daily Drop: Get a 20% profit boost to use on any sports bet today.

DraftKings NFL Early Exit Promo

Injuries are one of the most frustrating parts of betting on the NFL and NBA- a player goes down early, and your wager feels doomed before halftime.

DraftKings Sportsbook has already had your back this season with its Early Exit program, which refunds bettors in cash credits if a player leaves during the first half due to injury. Now, the protection has been expanded: live player props are covered under Early Exit.

Whether you bet pre-game or live, if your player exits in the first half and doesn’t return, you’re covered. One important note: the policy still only applies to full-game player props - quarter or half-specific props remain excluded.

How the DraftKings Early Exit Program Works

DraftKings’ Early Exit program now applies to both pre-match and live full-game player prop bets. Here’s how it works:

• Single Bets: If your player qualifies for Early Exit, you’ll receive cash credits equal to your original stake.

• Parlays & Same Game Parlays (SGP/SGPx): The leg that qualifies for Early Exit is removed, and the parlay is recalculated based on the remaining legs.

Example: You place a 3-leg parlay at +700 total odds. If one leg qualifies for Early Exit and the other two remain open at +100 each, your parlay is recalculated to +300. If those legs win, you’re paid out at the adjusted odds.

• Coverage: Applies to pre-match player props, full-game player props, single bets, parlays, SGP/SGPx, and now live/in-play player props.

What Bets Are Not Eligible

• Bets on players injured outside the Early Exit timeframe (e.g., second half).

• Quarter or half-specific player props.

• Props already settled before the injury, regardless of outcome.

How to Make Use of the DraftKings Early Exit

• Place a qualifying pre-game or live full-game player prop, single bet, parlay, or Same Game Parlay via the DraftKings app or website.

• If a player in your wager qualifies for Early Exit, the system automatically applies the refund or parlay adjustment.

• Continue betting with confidence knowing your stake has built-in protection.

The Legendary "King of the" Promotions

DraftKings started releasing these series of promotions starting with the King of the Court in the NBA last year and they have been one of the most viral promotions within the sports betting landscape as bettors have landed tens of thousands of dollars in bonus bets.

Quickly expanding it across multiple sports with King of the Course (PGA) and King of the Diamond (MLB), it has become one of the most popular recurring promos in sports betting thanks to its combination of fun, sweat-inducing rooting interest, and jaw-dropping payouts.

• King of the Court: Most Points, Rebounds, and Asissts from a player on the NBA slate

• King of the Diamond: Player to hit a HR, AND his team must score the most runs on the MLB slate

• King of the Course: Golfer to score the most birdies in Round 3 and Round 4 of that week’s major

• King of the Endzone: Longest Touchdown scorer of the Primetime NFL game

The baseball version, King of the Diamond, went viral this summer when 12 lucky bettors each landed $83,334 in bonus bets after correctly picking St. Louis Cardinals catcher Pedro Pagés to hit a home run.

We’ll say that again.... $83,334 in bonus bets.

Paid Pools

DraftKings’ paid pools are a fun and competitive way to bet against other players instead of the sportsbook itself. Each pool has a set entry fee, and the total prize fund depends on how many bettors join. The goal is simple: make your picks and finish among the top performers to claim your share of the winnings. You’ll find a range of pool formats - from Pick’Em contests and Squares to themed Brackets around major sporting events.

Contests

Alongside its usual promos, DraftKings often rolls out creative contests that give bettors extra ways to win. These limited-time events tie into major sports moments - such as the NFL’s King of the End Zone promo, which rewarded players who picked the athlete to score the day’s longest touchdown. The prizes typically come in the form of bonus bets or a share of a larger reward pot, adding a little extra excitement to the weekly sports calendar.

Odds Boosts

Daily odds boosts are another staple at DraftKings. You’ll regularly find enhanced prices on key matchups, player props, or parlays - especially around major sports weekends like NFL Sundays, NBA primetime games, or the NHL. To use them, simply opt in to the boost and apply it to your bet to unlock the improved odds.

DK Horse

Horse racing fans have their own dedicated platform in DK Horse. Available in select states, it offers live streams, up-to-the-minute odds, expert analysis, and even replays from top tracks around the world. Whether you’re wagering on the Kentucky Derby or a midweek meet in Australia, DK Horse brings the track experience right to your screen.

Dynasty Rewards Program

DraftKings rewards loyalty through its Dynasty Rewards program - a multi-tiered VIP system where you collect Crowns and Tier Credits with every wager you make. Those Crowns can then be redeemed for a variety of perks, including bonus bets, DraftKings Dollars, DFS entries, and even gift cards. The higher your tier, the more exclusive benefits and experiences you can unlock.

DraftKings Sportsbook Future States

DraftKings Sportsbook is live in Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wyoming. DraftKings Sportsbook also welcomes players from Ontario (Canada).

DraftKings promotions are available in all states DraftKings operates in, and the promo codes don’t differ by state. However, DraftKings are likely to roll out different sign-up promotions when they launch in new states.

DraftKings Sportsbook vs Other Sports Betting Apps 🥊

Feature	DraftKings Sportsbook	Fanatics	FanDuel	BetMGM
Welcome Bonus	Bet $5, Get $200 in Bonus Bets instantly	Bet and Get up to $1,000 in FanCash	Bet $5 Get $250 If Your Bet Wins	$1500 in Bonus Bets
Loyalty Program	✅ Dynasty Rewards Program	✅ FanCash earned every bet	❌	✅ MGM Rewards
Live Streaming	✅ Wider selection	✅ Select events	✅ Wider selection	✅ Good selection
Profit Boosts	✅ Frequent promos	✅ Daily boosts	✅ Same Game Parlay boosts	✅ Odds boosts and parlay insurance
User Experience	Mature, data-heavy UI	Clean, new app with gear tie-ins	Sleek and intuitive app	Polished, casino-first layout
Retail Integration	✅	✅ Inherits PointsBet retail partnerships	✅	✅
Unique Features	In-app stats + pools	Fanatics gear redemption via FanCash	SGP tool, casino games	BetMGM Rewards, hotel/casino perks
Available States	26	22	26	23
iOS & Android App Rating	⭐️ 4.8 (iOS) / ⭐️ 4.7 (Android)	⭐️ 4.8 / ⭐️ 4.6	⭐️ 4.8 / ⭐️ 4.7	⭐️ 4.7 / ⭐️ 4.4

DraftKings rates highest of the four on app store scores, and its promotion lineup runs deeper week to week. FanDuel is the closest on app polish, while BetMGM leans on its casino and hotel rewards.

DraftKings Sportsbook Legal States & Sports Betting Partners

Legal State	DraftKings Sportsbook Partner	Current Promo
Arizona Sportsbook Promos	DraftKings Sportsbook at TPC Scottsdale	Bet $5, Get $200 in Bonus Bets Instantly
Colorado Sportsbook Promos	Twin River Worldwide Holdings, Colorado Rockies	Bet $5, Get $200 in Bonus Bets Instantly
Connecticut Sportsbook Promos	Mashantucket Pequot Tribe / Foxwoods	Bet $5, Get $200 in Bonus Bets Instantly
Illinois Sportsbook Promos	DraftKings at Casino Queen	Bet $5, Get $200 in Bonus Bets Instantly
Indiana Sportsbook Promos	Ameristar Casino East Chicago, Indiana Pacers	Bet $5, Get $200 in Bonus Bets Instantly
Iowa Sportsbook Promos	Wild Rose Casinos & Resorts	Bet $5, Get $200 in Bonus Bets Instantly
Kansas Sportsbook Promos	DraftKings Sportsbook at Boot Hill Casino & Resort	Bet $5, Get $200 in Bonus Bets Instantly
Kentucky Sportsbook Promos	The Mint Gaming Hall - Cumberland, Cumberland Run, and Bowling Green	Bet $5, Get $200 in Bonus Bets Instantly
Louisiana Sportsbook Promos	Live! Casino & Hotel Louisiana	Bet $5, Get $200 in Bonus Bets Instantly
Maine Sportsbook Promos	Passamaquoddy Tribe	Bet $5, Get $200 in Bonus Bets Instantly
Maryland Sportsbook Promos	Baltimore Ravens, Timonium Racetrack (in progress)	Bet $5, Get $200 in Bonus Bets Instantly
Massachusetts Sportsbook Promos	None - Temporary Category 3 License	Bet $5, Get $200 in Bonus Bets Instantly
Michigan Sportsbook Promos	Bay Mills Resort & Casino, Detroit Pistons	Bet $5, Get $200 in Bonus Bets Instantly
New Hampshire Sportsbook Promos	New Hampshire Lottery - The Brook, Filotimo, Gate City Casino	Bet $5, Get $200 in Bonus Bets Instantly
New Jersey Sportsbook Promos	Resorts Casino Hotel, New York Giants, New York Rangers, New York Knicks	Bet $5, Get $200 in Bonus Bets Instantly
New York Sportsbook Promos	Madison Square Garden - New York Giants, New York Rangers, New York Knicks	Bet $5, Get $200 in Bonus Bets Instantly
North Carolina Sportsbook Promos	NASCAR	Bet $5, Get $200 in Bonus Bets Instantly
Ohio Sportsbook Promos	Hollywood Casino, DraftKings Sports & Social Bar	Bet $5, Get $200 in Bonus Bets Instantly
Pennsylvania Sportsbook Promos	Hollywood Casino at The Meadows, Philadelphia Eagles, Philadelphia 76ers	Bet $5, Get $200 in Bonus Bets Instantly
Tennessee Sportsbook Promos	None - Tennessee Education Lottery Corporation, No Retail (Mint Gaming Hall in Kentucky)	Bet $5, Get $200 in Bonus Bets Instantly
Vermont Sportsbook Promos	None - Licensed via Vermont Dept. of Liquor and Lottery	Bet $5, Get $200 in Bonus Bets Instantly
Virginia Sportsbook Promos	None - Licensed via Virginia Lottery	Bet $5, Get $200 in Bonus Bets Instantly
West Virginia Sportsbook Promos	None - Hollywood Casino at Charles Town Races	Bet $5, Get $200 in Bonus Bets Instantly
Wyoming Sportsbook Promos	None - Permit from Wyoming Gaming Commission	Bet $5, Get $200 in Bonus Bets Instantly

DraftKings Bonuses & Promotions

DraftKings offers one of the most extensive promo lineups in the sports betting industry, giving players a steady mix of welcome offers, ongoing boosts, and loyalty rewards. Whether you’re signing up for the first time or already a regular bettor, there’s always a new way to add extra value to your wagers.

Deposit Match Bonus

New users can claim a 20% deposit match up to $1,000 when joining DraftKings Sportsbook. You’ll unlock $1 in bonus funds for every $25 wagered across any DraftKings product, meaning a $5,000 deposit in total wagers are required to earn the full bonus. The offer is available in most active DraftKings states, including AZ, CO, CT, IL, IN, KY, LA, MD, MI, NJ, NY, OH, PA, TN, VA, and more.

VIP Program

DraftKings’ VIP experience is invite-only and tailored for high-stakes players. While entry requirements aren’t publicly listed, members receive exclusive promotions, personal account support, and access to premium events. Interested users can inquire directly at dkvip@draftkings.com for more details.

Bonus Bets

DraftKings bonus bets (also known as credits) typically expire after seven days and can’t be withdrawn as cash. When used, any winnings exclude the stake amount, and bonus bets must be wagered once (1x) before converting to real money - a notably light rollover compared to other sportsbooks.

Refer-a-Friend Bonus

Invite friends to DraftKings and earn up to $500 in bonuses. You’ll get $100 for each friend who signs up, deposits, and wagers at least $50, with both of you receiving the reward. All referrals must be in legal DraftKings states and 21+.

Odds Boosts

Daily odds boosts are a fan favorite, offering enhanced prices on selected matchups and parlays. Most boosts raise your potential profit by up to 50%, while special “Super Boosts” appear during marquee events like NFL Sundays, NBA Finals, or major playoff games.

Same Game Parlay Promotions

DraftKings’ Same Game Parlay (SGP) boosts let you choose eligible bets and increase your payout potential. These promos are typically centered around big events in the NFL, NBA, UFC, and boxing, with fresh boosts updated daily.

Cash Out Feature

With Cash Out, bettors can settle their wagers before a game or event concludes - securing profits early or cutting losses if the tide turns. The feature is available on most singles and parlays, giving you full control over your bets in real time.

Brand Ambassador: Kevin Hart

Comedian Kevin Hart is the face of DraftKings’ major ad campaigns, appearing across sportsbook, casino, and DK Horse promotions. His partnership often features themed offers and exclusive content tied to DraftKings’ entertainment-driven marketing.

DraftKings Sportsbook - How To Bet

DraftKings offers a wide range of betting options across every major sports league. Here are the most popular bet types you can find on the platform in 2026:

• Moneyline The simplest form of wagering, where you pick the winner of a game or event. Favorites are shown with a minus (-) sign, while underdogs have a plus (+). For example, a -110 favorite requires a $11 bet to win $10.

• Point Spread Point spread bets involve predicting by how many points a team will win or lose. If a team is -6.5, they must win by at least seven points for your wager to succeed.

• Over/Under (Totals) Bet on whether the total combined score of a game will be over or under a set line. You can also bet on totals for a single team in many sports. For example, an Over 8.5 on a Yankees/Mets game requires nine or more runs combined to win.

• Parlays Parlays combine multiple bets - either from different events or the same game - into a single wager for a higher payout. All selections, or “legs,” must win for the bet to cash.

• Prop Bets Player and team proposition bets focus on specific events within a game. Examples include how many points a player will score, whether a buzzer-beater occurs, or which team scores first. DraftKings covers props across all major sports leagues.

• Futures Futures are long-term wagers on season outcomes or tournaments. Examples include betting on the NFL MVP, the Stanley Cup winner, or total goals by a player in the NHL season.

DraftKings Rewards 🧠

DraftKings Dynasty Rewards program has been designed to give benefits to loyal customers. The DraftKings rewards program rewards users' crowns based on their activity across DraftKings products. Below you will see how you can earn rewards:

Vertical	Crowns Earned
Casino (progressive slots)	1 Crown per $1 wagered
Casino (regular slots)	1 Crown per $2 wagered
Casino (table games & video poker)	1 Crown per $8 wagered
Casino (virtual sports & keno)	1 Crown per $2 wagered
Lottery	1 Crown per $1 wagered
Sports betting (parlays)	1 Crown per $1 wagered
Sports betting (straight bets)	1 Crown per $2 wagered
Fantasy	1 Crown per $1 in entry fees
Marketplace	1 Crown per $2 spent

The DraftKings rewards scheme has different tiers, which can be found below:

• Bronze — basic level everyone starts at

• Silver — 5000+ Tier Credits

• Gold — 25,000+ Tier Credits

• Diamond — 90,000 Tier Credits

• Onyx — 175,000 Tier Credits

To move tiers with DraftKings Rewards you need to earn tier credit points, which can be found below:

Vertical	Crowns Earned
Casino (regular slots)	1 Tier Credit per $10 wagered
Casino (table games & video poker)	1 Tier Credit per $40 wagered
Sports betting (parlays)	1 Tier Credit per $5 wagered
Sports betting (other bets)	1 Tier Credit per $10 wagered
Fantasy	1 Tier Credit per $5 in entry fees
Marketplace	1 Tier Credit per $10 spent

Below are the benefits for DraftKings Dynasty Rewards:

VIP Level	Annual Tier Credits	Crowns Boost	Weekly Prize Chest	VIP Benefits
Bronze	Open to all	-	-	-
Silver	5000	10%	Up to 100k Crowns	-
Gold	25,000	20%	Up to 200k Crowns	Priority customer support
Diamond	90,000	30%	Up to 1,000,000 Crowns	VIP Associates
Onyx	175,000	40%	Up to 5,000,000 Crowns	VIP Host

You can also exchange DraftKings crowns for this like IPhone, MacBook Pro etc.

DraftKings Same Game Parlay

DraftKings Same Game Parlay is one of the best products on the sports betting market. Not only do they offer a comprehensive Same Game Parlay proposition, but they also run regular odds boost and No Sweat bets for their Same Game Parlays.

DraftKings Same Game Parlay allows users to combine different prop bets for the same game into a parlay, meaning they can win big on a single wager for a bet. DraftKings have a wide array of markets when it comes to their Same Game Parlay.

Not only do DraftKings let you build your own Same Game Parlay but they also offer suggested Quick SGP to customers.

DraftKings Review

Our review of DraftKings is very positive for a number of reasons. We’ve broken down our key points below and ranked them out of 5.

Features	Score	Feedback
Betting Promotions	5/5	Firstly, when it comes to promotions there aren’t many sportsbooks that can compete with DraftKings both in terms of sign up promotions and existing customer promotions. DraftKings provides it’s customers will good value.
Betting Odds	4/5	DraftKings odds are competitive compared to the market. Oddschecker are in a unique position when it comes to reviewing which sportsbook has the best odds, and whilst DraftKings don’t stand out as being the more valuable when it comes to odds pricing, they certainly aren’t the worst.
App	4.8/5	As you can see from our app store reviews, the DraftKings app is highly regarded in the space. It’s easy to use, and has all the features you would expect.
Security	4.9/5	DraftKings sportsbooks is licensed and regulated in almost 20 states.
Features	5/5	DraftKings Sportsbooks leads the way when it comes to features such as cash outs, Same Game Parlays and free to play pools.
Customer Support	4.7/5	Customer support is something that is reference a lot in the app stores, and is a key feature of the DraftKings products.

DraftKings Payment Methods

DraftKings deposit methods

Platform	Max Limit	Processing Time	Min Limit	Transaction Fee
PayPal	$15,000	Instant	$5	No Fee
Visa	$50,000	Instant	$5	No Fee
MasterCard	$50,000	Instant	$5	No Fee
Skrill	$25,000	Instant	$5	No Fee
Bank Transfer	$0	Instant	$0	No Fee
Trustly	$0	Instant	$0	No Fee
Apple Pay	$0	Instant	$0	No Fee
Internet Banking	$0	Instant	$0	No Fee
Cash	$10,000	Instant	$20	No Fee
Play+	$0	Instant	$0	No Fee
Venmo	$0	Instant	$0	No Fee

DraftKings withdrawal methods

Below you will find the various options DraftKings gives you to withdraw from the sportsbook. This will help anyone looking to find out how long it takes for DraftKings to payout.

Platform	Max Limit	Processing Time	Min Limit	Transaction Fee
PayPal	$25,000	2 Hours	$20	$0
Visa	$100,000	2 Hours	$20	$0
MasterCard	$100,000	2 Hours	$20	$0
Skrill	$0	-	$0	No Fee
Bank Transfer	$50,000	2 Hours	$20	$0
Trustly	$20,000	2 Hours	$20	$0
Apple Pay	$20,000	2 Hours	$20	$0
Internet Banking	$50,000	2 Hours	$20	$0
Cash	$20,000	2 Hours	$20	$0
Play+	$20,000	2 Hours	$20	$0
Venmo	$20,000	2 Hours	$20	$0

DraftKings Promotion FAQs

Below are the most commonly asked questions when it comes to DraftKings Sportsbook and the DraftKings promotions.

FAQ: Is there a DraftKings promo code for June 2026?

There is no code to type. The offer is Bet $5, Get $200 in bonus bets, and the link on this page applies it automatically when you sign up.

FAQ: How does the $1000 bonus work on DraftKings?

The $1000 bonus on DraftKings is a deposit match bonus, and you get rewarded the more you play. The actual $1000 bonus, is a 20% deposit match up to $1000 in bonuses. This means you need to deposit $5000 to claim the whole $1000 bonus. However, don’t worry you don’t need to deposit all at once to unlock the $1000 bonus. DraftKings Sportsbook rewards you as you play. Every deposit you make will contribute to unlocking the $1000 bonus.

DraftKings will release $1 in bonuses for every $25 you play on DraftKings, which means to get the full $1000 bonus you need to play through $25,000. This might seem a lot but turning over money in sports betting accounts doesn’t take too long. This rule is to stop people from depositing and withdrawing constantly to unlock the $100 bonus.

FAQ: What states is DraftKings Sportsbook legal in?

DraftKings Sportsbook is licensed and regulated in the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Massachusetts, Michigan, New Hampshire, New York, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming.

FAQ: Why Does DraftKings Need My SSN?

State regulators require sportsbooks to verify every sportsbook account to avoid fraud and underage gambling. This is done by asking the bettor to provide a copy of a photo ID, proof of residence (such as a utility bill), proof of payment method used (such as a bank statement), and part of the bettor’s Social Security number. As part of its licensing requirements, DraftKings must verify your account before you can withdraw any funds. You will only need to verify your account once, and DraftKings Sportsbook will never share your information with any third party without your consent.

FAQ: Does DraftKings have a promo?

DraftKings Sportsbook leads the way when it comes to sports betting promotions. They run their $1000 deposit match promotion, and also countless specials which change constantly.

Each DraftKings promo will be leading compared to other sportsbooks. The current DraftKings promo is Bet $5, Get $200 in Bonus Bets which is available for new customers only. New customers who sign up to DraftKings Sportsbook will get the chance to get $200 in Bonus Bets if they wager $5 or more.

How to get free money on DraftKings?

Unfortunately, there’s no such thing as free money on DraftKings. That said, DraftKings does give away considerable bonus credits which people can wager on the platform. Also, DraftKings Casino has been known to run no deposit promotions, which give users bonus credit without the need to deposit. DraftKings Sportsbook promotions normally give users a $200 bonus when they wager $5. So it’s no free money, but you do get a big bonus from a small deposit.

FAQ: How to get bonus bets on DraftKings?

DraftKings Sportsbook bonuses are given to new customers when they join the sportsbook. There are various promotions run by DraftKings Sportsbook for new customers which range from a $1000 deposit match which gives users up to $1000 in bonuses, or Bet $5 get $200 promotion. This review will always list the best promotions available on the market.

Play Responsibly

Betting should always be fun. If you’re worried about your gambling or want advice on staying in control, we’ve put together guidance and support resources you can access anytime. See our Responsible Gambling page here .

DraftKings Sportsbook Welcome Offer Terms & Conditions

Here are the updated terms and conditions for the $200 DraftKings promotion:

• 1 per new DraftKings customer.

• Qualifying bet to be placed on DraftKings Sportsbook.

• Get max. $200 in Bonuses.

• Bonus Bets expire in 7 days (168 hours).

• Issued as (8) $25 in Bonus Bets.

• Stake removed from payout.

• Terms: sportsbook.draftkings.com/ promos

• Ends 7/19/26 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 or WV (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/KY/NH/WY).

• New DraftKings Customers Only.

PROMOTION AND ELIGIBILITY REQUIREMENTS

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. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/ promos . Ends 7/19/26 at 11:59 PM ET. Sponsored by DK.

Author Note: Sam Eaton has over a decade of sports betting experience, which means he has a great understanding of what makes a good sportsbook. Sam is also an avid sports bettor himself so is in a great position to review DraftKings Sportsbook.