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This December, sign up for a new sportsbook account with DraftKings to claim up to $1,200 in bonus bets. A DraftKings promo code is not required to unlock this exclusive sign-up bonus.
First, get your first deposit matched 20% up to $1,000. Then, place a $5 bet to claim $150 in bonus bets. Check out our breakdown below to learn whether your state requires you to win that $5 to get the bonus. DraftKings in many states gives you the $150 in bonus bets, win or lose. Finally, you’ll get $50 in bonus bets just for making your first $5 deposit.
Sign up with DraftKings Sportsbook today to claim your $1,200 sign-up bonus.
DraftKings Sportsbook’s $1,200 Welcome Bonus
The current DraftKings welcome bonus for Gaming Today readers is worth up to $1,200. The most appealing part of the bonus, though, is the $150 in bonus bets you’ll get when you place your first bet for $5 or more in cash. Here’s how it all breaks down:
- You get a $50 bonus bet when you make your first deposit (minimum $5).
- You get $150 in bonus bets when you make your first bet for $5+ in cash. (Win-or-lose policy depends on your state; see details below.)
- You get your first deposit matched 20% for up to $1,000. This comes with a 25x playthrough requirement, which you have 90 days to clear.
DraftKings Promo Code Details & Eligibility
| DraftKings Promo Code | Click to claim DraftKings Promo |
|---|---|
| Total Value | $1,200 |
| Bonus Format | • $50 bonus bet with first deposit (min. $5) • $150 in bonus bets with first $5 cash bet • 20% deposit match up to $1,000 |
| Minimum Deposit | $5 |
| Bonus Terms & Conditions | • Real money deposit of $5 or more is required to activate the bonus offers • $50 deposit bonus is awarded as one single bonus bet token • $150 first bet bonus is awarded as in $25 bonus bet increments • Deposit match bonus comes with 25x playthrough requirement, which you have 90 days to meet • Bonus bets are not withdrawable and expire seven days after receipt |
| Payment Options | Credit card, eCheck, PayPal, Play+, Skrill, wire transfer, cash at partner casino |
| State-by-state terms | • If you're in AZ, CO, CT, IL, IN, ME, NC, OH, PA, WY, WV, you get the $150 instantly when you bet $5. • If you're in DC, IA, KS, KY, LA (select parishes), MD, MI, NJ, NY, TN, VA, or VT, you must WIN the $5 bet to claim the bonus bets. • Note that MA customers do not get the deposit bonus, but the Bet & Get applies win-or-lose |
| Offer Expires | Jan. 5, 2025 |
How To Claim the $1,200 Bonus at DraftKings Sportsbook
In our experience, claiming the DraftKings welcome bonus is a very straightforward process.
First, click on one of the links on this page to the DraftKings site.
Then, click on the bright green “Sign Up” button. Fill out the registration form with your personal information and verify your identity. Remember that you don’t need a DraftKings promo code to get the bonus.
The next step is to make a deposit. With any deposit of $5 or more, you’ll unlock an exclusive $50 bonus bet courtesy of Gaming Today. However, you may want to deposit more since your first deposit automatically qualifies for a 20% deposit match. The 20% match is good for up to $1,000. A $5,000 deposit is required to be eligible for the $1,000 in DraftKings bonus cash. (Deposit match not included for customers in Massachusetts.)
The last step is to make your first bet. When you make your first real money bet for $5 or more on any market, DraftKings will credit your account with $150 in bonus bets.
New customers in AZ, CO, CT, IL, IN, MA, ME, NC, OH, PA, WY, and WV get the $150 instantly after their first $5 bet. If you’re in DC, IA, KS, KY, LA (select parishes), MD, MI, NJ, NY, TN, VA, or VT, your first $5 must win for you to receive the $150 in bonus bets.
Maximizing Value From Your DraftKings Promo Code Offer
The DraftKings welcome bonus has three parts, which can be intimidating for some new bettors. Fortunately, in our experience, taking advantage of the $1,200 welcome offer at DraftKings is a smooth and easy process. Here are some tips to help you out.
First, be sure to use a sign-up link on this page to unlock the exclusive $50 sign-up offer for Gaming Today readers. This will ensure you get credited with a $50 bonus bet token when you deposit $5 or more. If you sign up without clicking a link on this page, you’ll miss out on this part of the bonus.
The next key is to take advantage of your first deposit since it will automatically qualify for the deposit match bonus (no need to opt in). The maximum deposit match is $1,000, but remember that you only get 20% of your deposit matched in bonus bets. That means you must make a $5,000 real money deposit to get the full $1,000.
On top of that, there’s a 25x playthrough requirement attached to any bonus funds you receive from the 20% deposit match. For example, depositing $500 earns you are eligible for $100 in matching funds. However, to get any of that $100 you need to start wagering your own money. For every $25 in qualifying bets you place, $1 in bonus cash will be released into your account. To get the entire $100, you’ll need to make $2,500 in qualifying bets. You have 90 days to meet the playthrough requirement, but it can still be difficult to do, so it’s important to keep it in mind when deciding how much to deposit.
The last (and best) part of the bonus comes when you make your first wager. Put down any cash wager for $5 or more, and DraftKings adds $150 in bonus bets into your account. You’ll receive this as six $25 bonus bet tokens. These need to be wagered within seven days. While you won’t receive the bonus bets back in any payouts, the winnings from the bet will be automatically available in your withdrawable balance.
Again, it’s crucial to note that customers in DC, IA, KS, KY, LA (select parishes), MD, MI, NJ, NY, TN, VA, and VT must win their first $5 bet to claim the bonus bets.
Sportsbook Showdown: DraftKings vs. FanDuel vs. Caesars and More
| Sportsbook | DraftKings | Caesars | FanDuel | BetRivers | Fanatics |
|---|---|---|---|---|---|
| Bonus Value | $1,200 | $1,000 | $150 | $500 | $1,000 |
| Bonus Format | $50 bonus bet + 20% deposit match up to $1,000 + bet $5, get $150 | Get a refund up to $1,000 if your first bet loses | Bet $5, get $150 if your bet wins | Second chance bet if your first bet loses | First bet match up to $100 daily for ten consecutive days |
| Minimum Deposit | $5 | $10 | $10 | $10 | $5 |
| Minimum Wager | $5 | $5 | $5 | N/A | $5 (Max. $100) |
| How Long for Bonus Funds to Expire | 7 days | 14 days | 7 days | 30 days | 7 days |
| Our Rating | 4.7/5 | 4.6/5 | 4.4/5 | 4.5/5 | 4.4/5 |
Why DraftKings Ranks Among Top US Sportsbooks
For years, DraftKings has been one of our favorite online sportsbooks. We’re especially big fans of the DraftKings app, which is available for both iOS and Android and is one of the highest-rated sportsbook apps in the country. DraftKings also offers frequent bonuses for returning customers, including its Dynasty Rewards program.
DraftKings is available in these states, Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming, plus Washington, DC, its most recent addition. Users in all states can claim a welcome bonus when signing up using a link on this page, though the exact terms can vary by state.
Check out our full DraftKings Sportsbook review for more information about how DraftKings stacks up against the competition. There, we’ll tell you everything you need to know about the DraftKings platform, including how to sign up, its strengths, and where it could improve.
Other Promotions at DraftKings
DraftKings offers more promotions than just its welcome bonus. If you’re a regular at DraftKings, you’ll be able to claim a variety of boosts and bonuses on a rotating basis. Here are a few of the recurring promos that you can claim at DraftKings:
Stepped Up Parlay
Put down a parlay, SGP, or SGPX on an eligible MLB game, and you’ll receive a profit boost. The more legs you add, the bigger your boost will be. If you add the full 10 legs to your parlay, you’ll get a 100% profit boost.
DraftKings Jackpot Pools
Answer 15 prediction questions daily to enter a jackpot pool starting at $10,000. If you get all 15 correct, you’ll win a share of the jackpot, along with anyone who went 15/15. If nobody gets 15/15, the jackpot pool grows and rolls over to the next day.
King of the Court Prop Token
Now through Jan. 5, new DraftKings customers can enjoy weekly “King of the Court” prop tokens as part of their welcome bonus. Each week, you can receive a qualifying bet token to bet on DraftKings’ NBA Player Props and to win part of $1,000,000 in bonus bet prices.
Why You Should Claim DraftKings’s First Bet Bonus Today
The DraftKings welcome bonus is one of the best on the market, especially when you take advantage of the exclusive $50 bonus bet for Gaming Today readers. Between that and the “Bet $5, Get $150” offer, you’ll earn a guaranteed $200 in bonus bets with just a $5 real money investment.
On top of that, you’re also entitled to a 20% matching bonus on your first deposit of $5 or more, up to a maximum match of $1,000, for a grand total of $1,200 in bonus bets up for grabs. This puts the DraftKings welcome bonus near the very top of our overall welcome bonus rankings.
To claim the DraftKings welcome bonus, simply use a link on this page to register. There’s no promo code required to unlock the offer, so simply click here, fill out the registration form, and get started with a deposit of $5 more.
DraftKings Promo Code FAQs
You don’t need a DraftKings promo code to claim any of the current sign-up offers. Sign up with DraftKings Sportsbook at GamingToday to claim an exclusive offer worth up to $1,200. When you do, you’ll get:
- A $50 bonus bet after making your first deposit.
- $150 in bonus bets after making your first cash bet for $5 or more.
- Your first deposit matched 20% for up to $1,000. This comes with a 25x playthrough requirement, which you have 90 days to clear.
The DraftKings sign-up bonus is available to all new users in these locations: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington DC, West Virginia, and Wyoming.
Note that customers in the following states must win their first $5 to get the $150 bonus bets: DC, IA, KS, KY, LA (select parishes), MD, MI, NJ, NY, TN, VA, and VT.
In all other states, you get the bonus bets automatically (win or lose).
No, unlike some online sportsbooks, DraftKings does not require a promo code to unlock its new user bonus.
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