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DraftKings Sportsbook Bonus: Bet $5, Get $150

Kevin Wolff

By Kevin Wolff

Last Updated:

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The lucrative DraftKings Deposit Bonus is a terrific method for new users to begin their legal sports betting journey. Using the standard DK new user promo, bettors will unlock a two-part offer that provides a fast start for initial wagers. Click below to score a Bet $5, get $150 offer from DraftKings today!

DRAFTKINGS SPORTSBOOK

New Customers: Bet $5, Get $200 Instantly! DraftKings States: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY

GET THE APP
SIGNUP PROMO
BET $5
GET $200

BET NOW!

While sportsbooks have not been legalized in all states, there are a number of states where legal sports betting has already been launched. Users located in states where online sportsbooks are available can take up the promos listed on this page to score an impressive Bet $5, Get $150 in Bonus Bets instantly when they sign-up for an account with DraftKings Online Sportsbook.

This DraftKings Sportsbook new user promo is one of the most lucrative ways to get started and will reward bettors when making their initial wagers. Given that the bonus amount is fully guaranteed with at least a $5 qualifying wager, the DK sign up bonus is simply the best way to play. DraftKings Sportsbook is without a doubt a preferred operator for Saturday Down South, with the sports betting platform expanding to more and more states nationwide.

Now let’s check out some of the details surrounding the standard DraftKings Deposit Bonus.


Best DraftKings Deposit Bonus

There’s no question that DraftKings Sportsbook is among the top options in the industry for online bettors. In addition to an impressive and easy-to-use sportsbook app, players can take advantage of the DraftKings new user promo to receive a generous bonus at registration.

Using the standard DK Sportsbook bonus code, new users will receive a lucrative offer when signing up to boost their newly created account. When the promo has been activated, users can bet $5 and get $150 in bonus bets.

DraftKings Sportsbook App Store Icon🇺🇸 DRAFTKINGS DEPOSIT BONUS
⭐️ DraftKings Availability✅ Online: Yes
✅ Retail: Yes
✍️ DraftKings Deposit Bonus💰 Bet $5, Get $150 in Bonus Bets
💲 Minimum Deposit$5
✅ Minimum Betting Age21
🎲 Betting Requirement25x
➡️ App PlatformsiOS (Apple App Store), Android (Google Play Store), Web Browser
📲 Listed AsDraftKings Sportsbook & Casino
❗️ SellerDraftKings
🇺🇸 States AvailableNY, NJ, PA, CT, AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NH, OH, OR, TN, VA, WV, WY
💸 DK Bonus Provided BySaturday Down South

DraftKings Deposit Bonus & Promos

DraftKings Deposit Bonus
Score the best DraftKings Deposit Bonus courtesy of Saturday Down South

The sports betting mogul provides the DraftKings Deposit Bonus for new users, but that’s not all, as existing players have a number of promos to take up as well. These bonuses arrive in many different forms including Refer A Friend, Bonus Bets, Profit Boosts, Free To Play, and more. It’s very easy to get started, just click on the Promos tab located near the top of the screen to view all the available DraftKings promotions. An added touch, users who opt into the initial DraftKings deposit-match bonus will not be disqualified from any of the future bonuses and promos. Take a look here at all the available DraftKings promos for this weekend’s games.

Bet $5, Get $150 in Bonus Bets

Available to all new users as the trademark sign-up offer, the DraftKings deposit bonus will provide additional funds to your new sports betting account. After claiming the promo, DraftKings users can bet $5 and get $150 in bonus bets. The DK promo code is fully guaranteed with at least a $5 wager and the $150 in bonus bets will be paid out instantly.

Refer A Friend

DraftKings users can spread the sports betting fun by using the Refer A Friend feature. This will unlock a bonus for both you and your referred friend following some simple terms and conditions. To get started, click the Promotions tab in DK Sportsbook and select Refer A Friend. You will then see an option to Refer Now to copy and paste your exclusive referral code to send to a friend. When the referred friend has deposited a minimum of $25 you will both receive a bonus.

If the referred friend deposits $25-$49, both parties will receive (1) $25 bonus bet. Should the referral deposits $50-$99, both parties will receive (1) $50 bonus bet. If the referral deposits $100+, both parties will receive (1) $100 bonus bet. Do note that the referred friend must be new to DraftKings and not just new to the sportsbook (ex. previous DraftKings Casino player).

Bonus Bet

As mentioned in multiple listed DraftKings promos, users will receive Bonus Bets as rewards in a multitude of ways. These bets essentially operate as site credit, allowing users to place wagers on DraftKings Sportsbook without using deposited funds. One of the available ways for DK users to unlock Bonus Bets is by playing a Same Game Parlay. Typically themed based on a popular sport in-season, users will have the chance to place a specific type of Same Game Parlay and receive a Bonus Bet back if they lose.

Profit Boost

Users can also receive a Profit Boost by playing Stepped Up Same Game Parlays to increase their winnings. Profit Boost tokens can then be applied to wagers on the bet slip to receive up to 100% more in bet payouts. Do note that Stepped Up Same Game Parlays unlocking Profit Boost tokens will be sport-specific (as selected by DraftKings) and often available in a limited-time window.

Free to Play

DraftKings Sportsbook users can also take part in daily Free To Play contests to potentially win big. These Free To Play pools offer a variety of different games like Pick’em where players attempt to pick the correct outcomes from a series of questions about a specific event or series. Next time your account balance is running low, head over to the Free To Play section to stack some sportsbook funds back up.


How to Get DraftKings Deposit Bonus

Registering for a new account with DraftKings Sportsbook is very easy to do, even for first-time bettors. Already available in a number of states throughout the country, users can conveniently sign-up online by completing the simple process. Users must be at least 21 years old to be eligible and are required to provide some basic credentials at the time of registration.

Claim DraftKings Deposit Bonus

DRAFTKINGS SPORTSBOOK

New Customers: Bet $5, Get $200 Instantly! DraftKings States: AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY

GET THE APP
SIGNUP PROMO
BET $5
GET $200

BET NOW!

Once you have opted into the DK Sportsbook promo, the offer will be automatically applied to your account at the time of registration. It should be noted that the DraftKings Deposit Bonus does carry a play through requirement, meaning users will need to wager a set amount on DraftKings before they are eligible to withdraw funds.

DraftKings Sportsbook Sign-Up

Users will be required to provide the following information when they sign-up with DraftKings:

  • Full legal name
  • Email address
  • Date of birth (must be at least 21 years old)
  • Residential address
  • Phone number

Prospective DraftKings users will also be required to enable the location services on their access device. This is so that DraftKings can verify the user is within legal state sports betting boundaries.

Although not all states have legalized sports betting, there are a number of states where either online sports betting, retail sports betting, or both, have already been launched. Already operating a number of retail brick-and-mortar locations as well as an impressive online platform, DraftKings Sportsbook is currently available in some fashion in a variety of locations.

Here are all the states where DraftKings Sportsbook is legal in 2025:

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Oregon
  • Pennsylvania
  • Tennessee
  • Vermont
  • Virginia
  • West Virginia
  • Wyoming

Bet Types on DraftKings Sportsbook

In addition to the wide selection of different sports, DraftKings Sportsbook users also have a variety of options with which to bet on all the exciting action. New users looking for a quick 101, or returning bettors looking for a refresh can read up here to find out about all the available wager types on DraftKings.

  • Moneyline: The easiest way for users to bet on DraftKings is by playing a Moneyline bet. Moneyline bets simply represent either team to win the game outright (regardless of point differential). Odds for Moneylines are set pre-game to reflect the status of the teams taking part in the game. Favored teams will have (-) odds, while underdog teams will have (+) odds.
  • Point Spread: Playing a Point Spread bet is another very simple way to jump into the action. Point Spreads represent the difference in the score that the oddsmakers see between the two teams in the game. Favored teams will be giving (-) points, while underdog teams will be getting (+) points. To win your bet, the team you wager on must cover the spread on the final score, do note Point Spread bets that end in a tie are considered a push and the user is refunded.
  • Over/Under Total: Betting the Over/Under Total is a great play for users who may not have a rooting interest in either of the teams in the game. Over/Under Total bets combine the total score of both teams in the game to see whether the number falls under or goes over the pre-game set line. Over/Under Totals that end in a tie are considered a push and the user is refunded.
  • Parlay: One of the most popular, and potentially profitable ways to play on DraftKings Sportsbook is by betting a Parlay. With a Parlay bet, users stack together multiple wagers from various games to multiply the odds for a potentially massive payout. All legs of the Parlay must hit for the bet to cash, Parlay legs that result in a push are typically voided from the bet ticket.
  • Same Game Parlay: Another way to parlay the action is by playing a Same Game Parlay. With a Same Game Parlay, users stack together multiple betting lines from the same game to multiply the odds and stack the winnings higher. It’s worth noting that Same Game Parlays can carry slightly different operational rules than traditional Parlay bets.
  • Futures: Users have the option to bet on events far in advance via the Futures markets. With a Futures bet, DraftKings Sportsbook bettors will have access to some of the longest odds available, meaning higher payouts. However, these can often come with long waits, as you are wagering on a future event.
  • Live Betting: Don’t ever worry if you miss the start of the game, as DraftKings constantly provides Live Betting odds for ongoing action. Live Betting odds are updated by the moment to reflect the status of the ongoing game, and they provide some of the best value in sports betting, as live odds can quickly change.

Bet on NFL with DraftKings Deposit Bonus

Of course, one of the absolute best ways to utilize the DraftKings Deposit Promo is to bet on the NFL. With the DK deposit bonus, new users will have the chance to bet $5 on an NFL game and receive $150 in bonus bets.

The behemoth that is fantasy football has brought so much more attention to the individual statistics of players around the league. In turn, player prop bets have become more and more popular amongst football fans, allowing users to profit from the game regardless of team win/loss success.

And while the NFL is arguably the most popular way to bet with the DraftKings bonus code, there are a plethora of other sports to place legal bets on using DraftKings Sportsbook.

All Sports On DraftKings

DraftKings Sportsbook provides an impressive list of sports for users to bet on. Providing access to betting markets all across the globe, here are all the available sports to wager on with DraftKings Sportsbook:

  • Aussie Rules Football
  • Badminton
  • Baseball
  • Basketball
  • Beach Volleyball
  • Boxing
  • Canoeing
  • Climbing
  • Cricket
  • Cycling
  • Darts
  • Diving
  • Equestrian
  • Fencing
  • Field Hockey
  • Football
  • Golf
  • Gymnastics
  • Handball
  • Hockey
  • Judo
  • Karate
  • Lacrosse
  • MMA
  • Motorsports
  • Olympic Specials
  • Rowing
  • Rugby League
  • Rugby Union
  • Sailing
  • Shooting
  • Skateboarding
  • Snooker & Pool
  • Soccer
  • Swimming
  • Table Tennis
  • Tennis
  • Track & Field
  • Volleyball
  • Water Polo
  • Weightlifting
  • Wrestling

The selection of sports available to wager on with DraftKings is as impressive as any major sports betting entity in the industry.


DraftKings Sportsbook Customer Service

Users on DraftKings have multiple ways with which to contact the DraftKings customer support team. Two of the more popular and easy-to-access methods include the Live Chat feature as well as the Email option. Let’s dive into some of the DK customer support details below.

Live Chat

One of the most basic DK customer support methods is the Live Chat feature. To access the Live Chat, scroll down to the bottom of the page on the DraftKings app or website and select the Help Center section, then click on the button that says Get Help. This will open a secondary window that features a Support tab in the bottom right corner. Click on the Support tab and enter the related term to further streamline your inquiry. Next, select the option to Get in Touch and the link to Live Chat. You can then get started messaging with a DraftKings customer support agent.

Email

Another very easy DK customer support option to use is the Email feature. Send an Email to the DraftKings customer service team by scrolling down and clicking the Help Center button, then the link to Get Help. Then scroll down to the bottom of the page where there is an option to Contact Support. Click this link and a secondary window will be opened where the Email can get started. Enter your email message as well as a return address so that the DraftKings team can get back to you. Users also have the option to draft and send an email from within their own personal inbox to the address: sportsbook@draftkings.com.


DraftKings Deposit Bonus FAQ

Where is DraftKings Sportsbook legal?

DraftKings Sportsbook is already legal and available in a number of states throughout the country, including: NY, NJ, PA, CT, AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NH, OH, OR, TN, VA, WV, WY.

What is the DraftKings Deposit Bonus?

The standard DraftKings Deposit Bonus code will unlock an impressive offer at the time of initial registration: users who opt in will receive $150 in bonus bets after placing an initial wager of at least $5.

How do I place a bet on DraftKings Sportsbook online?

Find your wager by browsing through the sports categories, live betting lines, or search bar. Then, click on the game/team/player you want to bet on to add it to your bet slip. Next, pull up your bet slip, enter a risk amount for your bet, and confirm the wager: DraftKings Sportsbook offers a wide variety of different bet types for users to take up, including moneylines, point spreads, over/under totals, player props, parlays, and more.

What is a bet slip?

The bet slip is simply the page/hub where users can build/view their bets before confirming them: after adding a selected betting line to your bet slip, all available bet types will be displayed in addition to the odds for the selection.

How do I cancel a bet?

Users can 'cancel bets' either before or during the game they have wagered on by using the Early Cash Out feature: simply head over to your bet slip and cash out the ticket before the game starts to cancel a bet.

What does it mean when a market is unavailable?

When a market is unavailable, it simply means that the betting line is temporarily suspended: this is sometimes seen on the Live Betting screen, and is typically the result of the live odds updating.

Kevin Wolff

After years of writing as well as Data Analyst work for Pro Football Focus, Kevin Wolff is now a Sports Betting Writer for SportRadar. A graduate of Fordham University in NYC, Kevin is also a full-time dog dad when he's not writing. He can be reached at k.wolff@sportradar.com

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