21+ in OH. $5 min bet req. New Customer Offer Token expires 7 days after offer expiration. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
The DraftKings promo code is not required to claim the current welcome offer, with the Bet $5, Get $100 in Bonus Bets promotion auto-applying when you register through our affiliate link.
⬇️ Read More
- 🗒️ Promo Code. No code required for DraftKings. The bonus is auto-applied
- 💲 Bonus Offer. Bet $5, Get $100 in Bonus Bets instantly
- ✅ Bonus Benefits. The DK promo is automatically applied when you register and paid out instantly regardless of outcome
- Top Alternatives. BetMGM and FanDuel
- ❌ Expires. May 31, 2026
DraftKings vs Top Competitors Promo Comparison
Up to $1,500 first bet offer
If your first bet loses
21+ in OH. $10 min bet req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $5
Get $150 in Bonus Bets if You Win
21+ in OH. $5 min deposit req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $1
Get 10x Profit Boosts
21+ in OH. $1 min bet req. Profit Boosts expire 14 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $5
Get $100 in Bonus Bets Instantly
21+ in OH. $5 min bet req. New Customer Offer Token expires 7 days after offer expiration. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
First Bet Safety Net or Bet $10
Get $200 in Bonus Bets Win or Lose
21+ in OH. Bonus Bets expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Do You Need a DraftKings Promo Code
If you’re wondering whether you need a DraftKings promo code, the short answer is no. Although historic DraftKings sign up bonus offers have required the entry of a manual promo code, the brand has evolved to auto-apply promotions via separate affiliate links.
This is advantageous for several reasons. Firstly, it negates the need to manually enter a DraftKings bonus code, reducing the risk of human error. Secondly, it allows the brand to track referrals from different affiliates and report these accurately.
Overall, the use of distinct affiliate links to auto-apply bonuses creates a more efficient model for both the casino and their bettors. Remember, it automatically connects you with the latest bonus offer, whereas promo and bonus codes have fixed expiry dates that may be overlooked.
DraftKings Bet $5, Get $100 Bonus Explained
The Bet $5, Get $100 offer at DraftKings is one of the most accessible welcome bonuses in the U.S. sports betting market. There’s also a 20% first deposit match up to $1,000, but we’ll cover this later in the guide. Below, we’ll explore precisely how the main welcome bonus works and provide a detailed breakdown of its value.
Current Welcome Offer Breakdown
The welcome bonus requires you to register via our affiliate link and place a qualifying wager of $5 or more. The qualifying bet can be placed on any available DraftKings Sportsbook market, with horse betting wagers being the only category excluded.
One of the strongest features of this offer is that the bonus pays out instantly, regardless of whether your qualifying wager wins or loses. This removes the risk element entirely and lets new customers focus on choosing a market they actually want to bet on, rather than chasing short odds.
This puts the offer on par with no-sweat first bet promotions from competitors. Casual bettors benefit the most here, as the bonus bets arrive in your account immediately and can be used across a wide range of subsequent wagers throughout the seven-day validity window.
Offer Expiration and Bonus Payout
Once your qualifying wager has been placed, the bonus bets are issued instantly. In the rare event of technical difficulties, they will be credited within 72 hours. You’ll receive four separate $25 bonus bets, which have no real money value and are issued as non-withdrawable credits.
After issuance, the bonus bets will remain valid on your account for seven days (168 hours). You must use the bonus bets within this timeframe, or they will be voided and removed from your account automatically.
If one or more of your bonus bets pays out, the winnings will be transferred to your cash balance. However, the stake amount won’t be included, and you’ll need to factor this into your profit and loss calculations when planning your strategy.
How to Claim Your DraftKings Bonus Step by Step
If you find these T&Cs appealing and are wondering how to claim a DraftKings bonus, we’ve provided a concise, step-by-step guide to help you get started with the welcome offer.
Step 1 Click Our Affiliate Link
To kickstart the process, you’ll need to click our affiliate link on this page. You can do this either via a desktop or mobile browser. Once the relevant page lands, hit the Sign Up button in the middle of the screen to begin registration.
Step 2 Create Your Account
Now, you’ll have to create your account and enter your personal information across three secure screens. First, enter a verifiable email and provide a password to help secure your account. Also, provide a unique username and your mobile number at this stage.
Next, you’ll have to enter a number of personal datasets, including your legal name, address and date of birth. You’ll be asked to accept the terms and conditions at this stage and set your preferences about how the brand can contact you.
You can choose to verify your identity at this stage by uploading copies of your passport or driver’s license to your account. Otherwise, this may be required by the site before you can successfully request a withdrawal of your winnings.
Step 3 Make First Deposit ($5 minimum)
The next step is to make your first deposit. Remember, you can initially credit your account with just $5, using payment methods such as Visa or Mastercard debit, PayPal, Venmo or Apple Pay.
| Payment Method | Minimum Deposit | Deposit Time |
|---|---|---|
|
Visa and Mastercard Debit Card |
$5 |
Instant |
|
ACH e-Check |
$10 |
Instant |
|
Bank Transfer |
$100 |
0 to 48 hours |
|
Prepaid Card (Paysafe) |
$10 |
Instant |
|
PayPal |
$5 |
Instant |
|
Apple and Google Pay |
$5 |
Instant |
|
PayNearMe |
$10 |
Instant |
|
Venmo |
$5 |
Instant |
Step 4 Place Qualifying Bet
Once your funds have landed, you can place your qualifying wager. You can stake as low as $5 on any eligible sports market, with the only exception being that horse betting wagers do not qualify for this welcome promotion.
You can browse sports, events and markets via the vertical menu on the left-hand side of the lobby. When you click on a line, it will automatically populate the bet slip in the bottom right-hand corner. There are no minimum odds restrictions.
Because the bonus pays out regardless of outcome, you have complete freedom to bet on whichever market you find most interesting rather than feeling pressured to target heavy favorites at very short odds.
Step 5 Receive Your Bonus Bets
Once your qualifying wager has been placed, the site issues the bonus bets instantly. In the rare case of technical difficulties, the credit will arrive within 72 hours. You’ll receive four $25 bonus bets at once, with each one remaining active on your account for a period of seven days.
How to Claim Bonuses on the DraftKings App
The mobile app at DraftKings also enables you to claim the welcome bonus via either iOS or Android. You’ll first need to download the app via either the Apple or Google Play Store. Here’s each application’s average rating and specifications:
| Operating System | Average Rating (Reviews) | App Size | Operating System Requirements |
|---|---|---|---|
| iOS | 4.8/5 (from 900k+ reviews) | 259.8MB | iOS 15.0 or later |
| Android | 4.8/5 (from 175k+ reviews) | 249.5MB | Android 8.0 or later |
Once your app has downloaded, you can click on our affiliate link on your smartphone. When the app opens, accept the privacy policy and Sign Up for an account. You can then register and have the welcome bonus auto-applied, before crediting your account and placing the qualifying wager as normal.
⬇️ Read More: Complete Bonus Terms and Conditions
Eligibility Requirements
- Must be 21+ years old (18+ in DC, Kentucky, New Hampshire, Wyoming)
- New DraftKings customers only (no previous paid activity on any DK product)
- Must be physically located in an eligible state at the time of registration and betting
- One welcome offer per person and household
How to Qualify
- Register for a new DraftKings account via affiliate partner link
- Place a first-time wager of $5 or more on any eligible sports market
- Horse betting wagers do not count as qualifying
- Bonus bets cannot be used as the qualifying wager
- Qualifying bets must be placed between 4/27/2026 at 12:00 AM ET and 5/31/2026 at 11:59 PM ET
Bonus Terms
- $100 in bonus bets issued as four $25 bonus bet tokens
- Bonus bets credited instantly, regardless of the outcome of your qualifying wager
- Bonus bets expire seven days (168 hours) after issuance
- Bonus bets are single-use, non-transferable, non-withdrawable credits with no cash value
- Bonus bet stake is removed from any payout (only profit is credited)
Additional Terms
- Qualifying wager must be placed using cash from your cash balance or DK Dollars
- Cashed-out bets and voided bets will void the promotion
- Bets placed with bonus rewards (Bonus Bets, Odds Boosts, or Profit Boosts) are not valid
- Bonus bets may not be combined with other bonus rewards
- The casino reserves the right to withhold bonuses at its discretion
Last Verified. May 18, 2026
Understanding Your DraftKings Bonus Bets
To understand the bonus bets at DraftKings further, we’re going to drill a little deeper into precisely how they work in practical terms. We’ll also consider the impact of the bonus’s wagering rules and the best way to deploy each individual credit.
How Bonus Bets Work
Bonus bets are non-withdrawable bet credits with no real cash value at all. This is why they’re not eligible to be returned even if they successfully settle as winners after being placed on a qualifying market.
Bonus bets are added to your account instantly after the qualifying wager has been placed. Once added, you’ll have to navigate the Rewards then My Rewards tab to access them. As bonus bets are only valid for seven days, it’s important to use them as quickly as possible.
Using Your 4 x $25 Bonus Bets
After issuance, your bonus bets will be awarded as four separate $25 bet credits. A maximum of $100 in bonus bets will be awarded as part of this welcome promotion to new eligible customers.
You must wager the four $25 bonus bets at least once before you can withdraw any real money winnings. However, they must be wagered in full and individual bet credits cannot be broken down into smaller stakes.
You can wager the bonus bets at any standard odds, unlocking outcomes with a wide range of implied probabilities. These bets must also be used within the seven-day expiry period, otherwise the site will remove them from your account automatically.
Best Practice for Using Bonus Bets
The four bonus bets have a maximum value of $25 each. They can therefore be used as part of a wider betting strategy, to target both high and low risk outcomes that strike the optimal balance between risk and reward across multiple wagers.
It’s possible to wager at longer odds and maximize the value of your $25 bonus bet stakes. When deploying these bet credits, it’s also important to consider the fact that each individual stake amount won’t be returned as part of any winnings credited to your cash balance.
20 Percent Deposit Match Bonus Up to $1,000
As we’ve touched on, there’s also a second bonus offer available to new players at the site. This comprises a first deposit match of 20% up to $1,000. Below, you’ll find a breakdown of precisely how this offer is structured.
Secondary Welcome Offer Details
This bonus is available to new players who are making their first deposit. You must deposit a minimum of $5 and opt-in to receive this particular promo, and the brand will match this by 20% up to the value of $1,000.
This bonus has different and more complex wagering requirements than the main bonus. More specifically, you’ll unlock $1 in bonus funds for every $25 on any DK sportsbook or casino product, creating a de facto wagering requirement of 25x.
Qualifying wagers must be $5 or greater, while such bets must be staked at minimum sportsbook odds of -300. This enables you to wager on outcomes with an implied probability of up to 75.0%, creating relatively favorable terms that let you back many event or match favorites.
Overall, these T&Cs suit high-stakes and high-volume bettors, who can maximize the value of the initial deposit match and fulfill the wagering requirements within the 90 day period. The offer is also suitable if you’re a fan of casino gambling.
How to Realise the Bonus Full Value
To realize the full value of the deposit match, you’ll need to deposit an initial $5,000 into your account. This will qualify for the 20% deposit match and let you bank the maximum $1,000 in bonus funds.
This is a significant commitment, and one that’s largely unsuitable for casual bettors. This is because the wagering requirements on a $1,000 bonus would trigger a playthrough amount of $25,000. This must also be fulfilled within 90 days, creating an average requisite spend of $277.77 per day.
Available States for DraftKings Promo
The casino is currently licensed in 28+ US states. It was also launched in Missouri on December 1st, 2025, when sports betting finally went live in the state after Amendment 2 was successfully voted in last November.
| State | Age Requirement | Launch Date | Regulator |
|---|---|---|---|
| Arizona | 21+ | Sept 2021 | AZ Gaming Dept. |
| Arkansas | 21+ | March 2022 | AR Racing Commission |
| Colorado | 21+ | May 2020 | CO Division of Gaming |
| Connecticut | 21+ | Oct 2021 | CT DCP |
| Washington, DC | 18+ | July 2024 | DC Office of Lottery |
| Illinois | 21+ | March 2020 | IL Gaming Board |
| Indiana | 21+ | Oct 2019 | IN Gaming Commission |
| Iowa | 21+ | Aug 2019 | IA Racing and Gaming |
| Kansas | 21+ | Sept 2022 | KS Racing and Gaming |
| Kentucky | 18+ | Sept 2023 | KY Horse Racing Comm. |
| Louisiana | 21+ | Jan 2022 | LA Gaming Control |
| Maine | 21+ | Nov 2023 | ME Gambling Control |
| Maryland | 21+ | Nov 2022 | MD Lottery and Gaming |
| Massachusetts | 21+ | March 2023 | MA Gaming Commission |
| Michigan | 21+ | Jan 2021 | MI Gaming Control |
| Missouri | 21+ | Dec 2025 | MO Gaming Commission |
| New Hampshire | 18+ | Dec 2019 | NH Lottery Commission |
| New Jersey | 21+ | Aug 2018 | NJ Div. Gaming Enforcement |
| New York | 21+ | Jan 2022 | NY Gaming Commission |
| North Carolina | 21+ | March 2024 | NC Education Lottery |
| Ohio | 21+ | Jan 2023 | OH Casino Control |
| Oregon | 21+ | Oct 2024 | OR State Police Gaming |
| Pennsylvania | 21+ | May 2019 | PA Gaming Control |
| Tennessee | 21+ | Nov 2020 | TN Sports Wagering |
| Vermont | 21+ | Jan 2024 | VT Liquor and Lottery |
| Virginia | 21+ | Jan 2021 | VA Lottery |
| West Virginia | 21+ | Sept 2018 | WV Lottery |
| Wyoming | 18+ | Sept 2021 | WY Gaming Commission |
DraftKings vs FanDuel vs BetMGM Promos
Up to $1,500 first bet offer
If your first bet loses
21+ in OH. $10 min bet req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $5
Get $150 in Bonus Bets if You Win
21+ in OH. $5 min deposit req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $1
Get 10x Profit Boosts
21+ in OH. $1 min bet req. Profit Boosts expire 14 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Bet $5
Get $100 in Bonus Bets Instantly
21+ in OH. $5 min bet req. New Customer Offer Token expires 7 days after offer expiration. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
First Bet Safety Net or Bet $10
Get $200 in Bonus Bets Win or Lose
21+ in OH. Bonus Bets expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Existing Customer Promotions
In addition to the bonus bets for new bettors, the brand continues to run a broad selection of promos for existing customers. We’ll explore some of the most popular promotions below for those who have already registered.
- Profit Boosts. The site offers one of the largest selections of profit boost offers on the market. A 20% profit boost can be unlocked by qualifying NBA SGPs or SGPx bets, while a variable boost is also applied to qualifying college basketball lines priced at +400 or longer.
- SGP Boosts. The casino also publishes special SGP boost offers on qualifying SGP or SGP+ bets every NFL gameweek. For example, you can build an SGP or SGP+ bet on the upcoming game between the Panthers and the 49ers, with at least four legs required to secure eligibility.
- NFL Touchdown Parlay 30% Boost. Currently, you can qualify for a 30% odds boost when you construct a 3+ leg NFL parlay at odds of +100. Qualifying matches will be selected during each NFL gameweek. The odds restrictions are quite tight, so build a three-leg SGP that’s positively correlated.
- MLS Season Pass Bet and Get. You can opt-in and receive an MLS season pass at the site. Place a $5+ wager to qualify, with cash out bets, profit boosts, bonus bets, progressive parlays and voided bets all ineligible to trigger the promo.
- DK Refer-a-Friend Bonus. The Refer-a-Friend bonus lets you refer up to five friends and earn up to $100 in bonus bets each time. Access a unique referral link via your account and share this with your friend, who must sign up and make a qualifying deposit to trigger the reward.
- Dynasty Rewards Program. The Dynasty Rewards Program unlocks one Tier Credit and one Rewards Credit for every $2.25 to $18 wagered, depending on the odds at which you bet. TCs unlock six different loyalty levels, while there’s no expiry on the redeemable RCs that you earn over time.
Final Verdict
The welcome bonus at DraftKings has a simple and accessible structure, with a low $5 qualifying wager unlocking $100 in bonus bets. The qualifying bet now pays out instantly, regardless of whether it wins or loses, removing the risk element entirely from this new customer promotion.
Overall, this option is ideal for casual or low-risk bettors who want to leverage a straightforward bonus with no win conditions attached. The bonus is automatically applied when you register for an account and doesn’t require manual promo code entry at any stage of the sign-up process.
| Pros | Cons |
|---|---|
|
The bonus is auto-applied so no promo code is required |
Bonus bets cannot be withdrawn directly as cash |
|
Bonus pays out instantly regardless of win or loss |
All bonus bets expire after seven days |
|
The minimum $5 bet limit creates a low barrier to entry |
The deposit match offer has high wagering requirements of 25x the bonus |
|
The four separate $25 bonus bets offer flexibility across multiple wagers |
|
|
There is a secondary 20% first deposit match up to $1,000 available |
The bonus is auto-applied so no promo code is required
Bonus pays out instantly regardless of win or loss
The minimum $5 bet limit creates a low barrier to entry
The four separate $25 bonus bets offer flexibility across multiple wagers
There is a secondary 20% first deposit match up to $1,000 available
Bonus bets cannot be withdrawn directly as cash
All bonus bets expire after seven days
The deposit match offer has high wagering requirements of 25x the bonus
⚠️ Gamble Responsibly
Sports betting should be entertaining, not a way to make money. If you or someone you know has a gambling problem, help is available 24/7.
- National Problem Gambling Hotline. 1-800-522-4700 (24/7, free, confidential)
- National Council on Problem Gambling. ncpgambling.org
- Gamblers Anonymous. gamblersanonymous.org
- DraftKings Responsible Gaming Center. Set deposit limits, time limits, and self-exclusion options through your account settings
You must be 21+ years old to bet in most states (18+ in DC, Kentucky, New Hampshire, Wyoming). Never bet more than you can afford to lose.
Frequently Asked Questions
Do I need a DraftKings promo code?
No code required. The DraftKings welcome bonus applies automatically when you sign up through affiliate links. Simply click our links, register, and the $100 bonus offer activates instantly.
Is a code required for the DraftKings welcome bonus?
No. DraftKings eliminated promo codes for simplicity. The bonus auto-applies via affiliate partner links, making the claiming process faster and easier for all eligible new customers.
How do I claim the DraftKings $100 bonus?
Click our affiliate link, create an account, deposit $5+, and place a $5+ bet on any eligible sports market. You will receive $100 in bonus bets instantly, regardless of whether your qualifying wager wins or loses.
What is the DraftKings Bet $5, Get $100 offer?
It is the current welcome bonus. New users who deposit and bet $5 receive $100 in bonus bets instantly, issued as four $25 bonus bets, regardless of whether the first wager wins or loses.
Does the DraftKings bonus work on mobile?
Yes. Click our mobile links, download the DraftKings app (iOS or Android), and follow the same claiming process. The bonus works identically on mobile and desktop platforms.
How long do DraftKings bonus bets last?
Seven days (168 hours) from when they are issued. Mark your calendar and use them before expiration, as they hold no cash value after this period and will be voided automatically.
What states can use the DraftKings promo?
The promotion is available in 28+ states plus DC. Eligible jurisdictions include 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, and WV. Age requirement is 21+ (18+ in DC, KY, NH, WY).
Does the DraftKings bonus come instantly?
Yes. Bonus bets are credited instantly after your qualifying wager is placed. In the rare event of technical difficulties, the credit will arrive within 72 hours per official terms.
What is the DraftKings deposit match bonus?
A secondary offer. DraftKings matches 20% of your first deposit up to $1,000 in bonus funds. Requires $25,000 in wagers within 90 days to unlock fully, making it best suited for high-volume bettors.
