DraftKings Promo Code: Bet $5, Get $200 in Bonus Bets in April 2024

Few sportsbook promos for new users are as agreeable as DraftKings' bet $5, get $200 in bonus bets offer. Claiming it is a snap — you don't even need a DraftKings promo code.

One of the most famous and best sportsbooks in the industry, DraftKings delivers a welcome bonus befitting its elite stature. Following registration, you can deposit and place an initial wager of $5 or more on any sports market. Regardless of that wager's outcome, you'll instantly receive $200 in non-withdrawable bonus bets, providing an immediate boost to your fledgling bankroll. Again, no DraftKings promo code is required at any stage.

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DraftKings North Carolina

With legal online sports betting live in the Tar Heel State as of March 11, 2024, DraftKings is among the first available North Carolina sportsbooks. Although up to 12 are allowed to launch, only eight North Carolina betting apps have garnered the local partnerships and sports betting licenses required to do so. DraftKings has inked its deal with NASCAR and is currently delivering a bet $5, get $200 in bonus bets welcome offer.

DraftKings North Carolina promo code April 2024

You can register with the iconic betting app if you're over 21 to redeem one of the top post-launch North Carolina sportsbook promos — a bet $5, get $200 in bonus bets reward. Following the creation of your new account, deposit and wager $5 or more on any sports market. Regardless of that wager's outcome, you will get $200 in bonus bets. No DraftKings North Carolina promo code is necessary.

How does the DraftKings promo code work?

Not only is there no DraftKings Sportsbook promo code necessary for the online betting site's welcome offer, but the other attached terms and conditions are clear and simple. We've broken them down for you here:

• Once your new account is active, make an initial deposit of at least $5.
• Place a first wager of $5 or more on any sports market.
• Regardless of the qualifying wager's outcome, you'll get $200 in non-withdrawable bonus bets.
• The bonus will come as eight (8) $25 bets.
• If you fail to use the bonus bets within seven days of receipt, they will expire.
• Remember: Any winnings earned from bonus bets are available for withdrawal, but the stake won't be.

After you've signed up, be sure to check out DraftKings' NBA playoff offer, where you can receive a no-sweat token to put toward a same-game parlay every day of the postseason. Here's what you need to know:

• You must opt-in to become eligible for the promotion.
• One (1) No Sweat token will be provided for each eligible NBA game day.
• The No Sweat tokens can only be used on SGP and SGPx wagers.
• Each day the DraftKings NBA promo is offered, the minimum required legs and odds per leg may vary.
• If your same-game parlay does not win, you'll receive your stake back as a single bonus bet.
• Tokens will expire at the end of the last NBA game of each day.
• Your bonus bet will come with a seven-day lifespan.

How to enter the DraftKings promo code

Collecting the sportsbook's sign-up bonus sans a DraftKings promo code is simple. Still, we're aware that the process may feel daunting if you're new to sports betting. Stick to the steps outlined below to obtain your reward efficiently.

1. Register

Should you be 21 or older and located in a region where the online betting site operates, you can sign up without a DraftKings bonus code to acquire the bet $5, get $200 in bonus bets welcome offer. 

Keep in mind that while you don't need to download the DraftKings Sportsbook app to register or claim the new-user promo, it's the best way to experience the platform. We highly recommend you take the time to install it on your mobile device.

2. Deposit funds

Once your account is up and running, you'll want to add some funds. Remember: If you're looking to claim the DraftKings $200 promo code offer, you'll need to put down at least $5. 

3. Place your wager

With some cash lining your virtual pockets, you can place your initial bet. Only your first wager will qualify for the bonus, and it must be $5 or more. 

4. Receive the bonus

Regardless of your qualifying wager's outcome, you will get $200 in bonus bets. The reward will arrive instantly — contact customer support if there are any issues — and have a seven-day lifespan.

5. Withdraw winnings

You can take out any money that you earn while wagering with the sportsbook. But don't forget that bonus bets are not real cash and cannot be withdrawn as such. Rather, they must be used to place more wagers with the betting app.

DraftKings promo code for existing users

As with its sign-up bonus, you won't need any DraftKings promo codes to garner the sportsbook's ongoing offers for existing users — and there are plenty. Many appear right on the home page, while the rest will sit within your promotions tab. Below, we've listed the most popular DraftKings promos for active customers, from odds boosts to parlay insurance to the revered sportsbook referral bonus. 

Other DraftKings product bonuses

DraftKings Casino promo code

DraftKings' online casino product goes hand-in-hand with its sportsbook. First-time customers can access a play $5, get $100 in casino credits welcome package without using a DraftKings Casino promo code so long as they're in one of five states: Connecticut, Michigan, New Jersey, Pennsylvania, or West Virginia. 

• Begin by registering and making a first deposit of $5 or more.
• Place a qualifying wager of at least $5 to receive $100 in casino credits immediately.
• The bonus has a standard 1x wagering requirement, so you'll have to play through the reward once before you can withdraw winnings.
• You must complete the wagering requirement within seven days.

DraftKings fantasy promo

Alongside longtime rival FanDuel, DraftKings is one of the nation's top options for daily fantasy sports. You can register without a DraftKings DFS promo code to receive up to a $500 deposit bonus, then challenge your friends or other players in public leagues by drafting your team and setting your perfect lineup.

Regardless of your favorite sport, DraftKings daily fantasy sports ensures comprehensive coverage with a variety of distinctive contests, including:

• Casual: For players who haven't yet earned an experience badge but who have competed in over 50 contests.
• Head-to-head: Just you and your opponent. Score more points, and you win.
• Tournament: Public or private contests that deliver prizes as you advance.
• 50/50s: Compete with a set number of teams and receive real cash if you finish in the top half.

DK Horse promo

With the Kentucky Derby right around the bend, horse betting enthusiasts can register with DraftKings' dedicated racebook — DK Horse — to get in on all the blink-and-you'll-miss-it action. First-timers are eligible for an up to $250 deposit match welcome offer — no DK Horse promo code necessary. 

• Following registration, make a minimum deposit of $25 or more.
• DK Horse will match 100% of the amount you put down, up to $250, in bonus bets.
• The bonus will arrive in your account within 72 hours.
• You must meet a 2x wagering requirement before you can withdraw the bonus bets.
• Hurry: The promo only lasts until May 26, 2024.
• Only players in the following regions have access to DK Horse: CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, and WY.

DraftKings sports markets to bet on

With the bonus bets from the DraftKings $200 promo code offer in your virtual pockets, you can use them on any sports markets you like. If your focus is on the major leagues, DK has you covered with quality NFL odds, NBA odds, MLB odds, and NHL odds. Or, should your tastes be a little more niche, you can access markets for the likes of rugby, darts, cycling, cornhole, MMA, table tennis, and more. Plus, when key events on the sports calendar arrive, DraftKings consistently delivers specialized promotions — that's what makes it one of the premier March Madness betting sites and Super Bowl betting sites.

DraftKings bet types

After registering without a promo code for DraftKings, depositing and wagering $5 or more, and earning your $200 reward, you'll want to use those funds on your desired bet types. As arguably the most popular sportsbook in the world, DraftKings provides all the popular options you'd expect:

• Moneylines
• Point spreads
• Over/Unders (Totals)
• Parlays
• Props
• Futures

DraftKings Sportsbook review

One of the pioneers of daily fantasy sports, DraftKings has capitalized on that success by transforming itself into a giant of the modern sports betting industry. It's done so via an exceptional online sportsbook and top-tier mobile app that even its most competitive peers can appreciate. 

To uncover everything there is to know about the platform, sift through our detailed DraftKings review. And, for the highlights, continue reading. 

DraftKings mobile app

For those who want to wager on the go, the DraftKings app is top-of-the-line. When compared to the sportsbook's desktop and mobile browser platforms, the app performs exceedingly well. Not only is it simple to claim your sign-up bonus — again, no DraftKings promo code required — but navigation is seamless, the layout is clean, and the organization is excellent. After scouring every inch of the product, we feel confident stating that few sports betting apps can rival what DraftKings delivers.  

Android users can find the DraftKings Sportsbook app in the Google Play store, while iOS users can find it in the Apple App Store. Alternatively, you can go to the website, where download links are readily accessible. 

Overall experience with DraftKings

DraftKings customer service

DraftKings offers a number of ways for customers to get assistance around the clock. Support agents are reachable by calling the phone center during business hours, sending an e-mail, or using the 24/7 live chat feature. Additionally, you can call after hours and ask for a callback via the automated system — you'll typically get one within 24 to 48 hours — or seek out answers yourself through the site's robust FAQ section. 

In our experience, agents have been quick to respond, amicable, knowledgeable, and efficient at resolving any concerns. When we ran into a minor issue with depositing funds, the DraftKings customer service team pleasantly walked us through the solution. About 10 minutes after connecting, our issue was fixed.

DraftKings payment methods

DraftKings' banking system falls in line with the rest of its stellar reputation. It includes nearly all of the most popular payment providers, such as PayPal, Venmo, online baking, debit and credit cards, and Skrill. Any deposit you put down — the DraftKings new user promo code offer demands at least $5 — should occur instantaneously, while the maximum processing time for most withdrawals is five business days. Keep in mind that if you opt to use physical checks, they can take much longer — often up to two weeks — to arrive.

Where is DraftKings legal?

DraftKings is legal, regulated, and available in 25 states — with more to come in the future. For now, if you're 21 or older and in a region where the online sportsbook operates, you can acquire its sign-up bonus without utilizing any DraftKings promo codes.

Future DraftKings states

DraftKings' reach is one of the most prolific of all the active sportsbooks in the United States. And since it's garnered a foothold in most regions where sports betting is legal, that means it's always ready to leap into any potentially upcoming market. Here are a few locales that could legitimize sports wagering in the future and, by extension, welcome DraftKings:

🍑 Georgia — The Georgia Senate put its stamp of approval on SB 386, which would legalize sports betting in the state, earlier this year. Ultimately, though, the bill requires voter approval during the 2024 election before passing.  

🌪️ Missouri — Early in 2024, two online sports betting bills — SB 824 and SB 852 — were filed in Missouri. However, there hasn't been much movement since.

🍔 Mississippi — Hopes are still alive that legal sports betting will come to the Magnolia State in 2024. In early April, the Senate Committee on Gaming approved Rep. Casey Eure’s proposed Mississippi Mobile Sports Wagering Act — HB 774 — forwarding it to the full Senate. The bill would allow each of MS' 26 casinos to partner with an operator to provide online sports betting.

Latest DraftKings updates

April 15, 2024: DraftKings updates its national welcome offer to a bet $5, get $200 in bonus bets reward. Plus, users can opt in to claim a No Sweat SGP token every day of the NBA playoffs.

April 5, 2024: DraftKings announces a deal with the New York Racing Association, becoming an official betting partner of the Belmont Stakes and Saratoga Race Course. 

April 3, 2024: Several major sports betting brands, including DraftKings, are reportedly interested in gaining entrance to Brazil's new regulated gaming market. 

March 27, 2024: DraftKings, together with six other major sportsbooks, introduces the Responsible Online Gaming Association (ROGA).

March 25, 2024: DraftKings and Kindbridge Behavioral Health announce they are expanding their partnership to cover all 25 states in which the sportsbook operates.

March 11, 2024: Eight North Carolina betting apps go live, including DraftKings, as the state officially welcomes legal online sports betting.

DraftKings pros and cons

Pros:

✅ Expansive sports coverage — Whatever you're looking to bet on, DraftKings will likely have markets for it. Not only does it focus on the most popular leagues — it's one of the top football betting sites, NBA betting sites, MLB betting sites, and NHL betting sites — but it also provides numerous niche options, from volleyball to jai alai to lacrosse. 

✅ Elite betting app — We would venture to say DraftKings delivers the best sports betting app in the industry. Intuitive, stylishly designed, and with organization that makes pinpointing markets and adding them to your bet slip a breeze, DK provides the ultimate on-the-go experience.

✅ Cornucopia of ongoing rewards — While the DK sign-up bonus is great — again, no DraftKings bonus code necessary — the sportsbook truly shines with how many promotions and rewards it offers existing customers. From daily odds boosts to pre-built parlay promos to a genuinely fantastic loyalty program, the sportsbook gives you plenty of reasons to return again and again.

Cons:

❌ Restrictive secondary welcome offer — For those uninterested in DraftKings' bet-and-get sign-up bonus, an alternative choice exists — a 20% deposit match worth up to $1,000. However, the bonus demands you put down $5,000 and wager $25,000 to obtain the $1,000 reward.

❌ Limits hot streaks — DraftKings is quick to limit big winners, a common theme amongst the nation's top online sportsbooks. 

Why choose DraftKings?

Attempting to nail down one specific reason you should add DraftKings Sportsbook to your regular betting app rotation is a fruitless endeavour. The online betting site does it all, and at a level rarely matched even by its most fierce competitors. By downloading DK, you secure an excellent mobile platform, continuous bonuses and promotions, a quality live betting section, unique props, exhaustive sports coverage, and competitive odds and lines. If ever there was a do-it-all sportsbook, DraftKings would be the one.

DraftKings promo comparison

As a savvy bettor, you'll want to compare sign-up bonuses and promo codes from competing sportsbooks. However, doing so can prove difficult since bouncing between open desktop tabs or apps on your phone isn't particularly intuitive. To alleviate that issue, we've built the following table, enabling you to directly weigh DraftKings vs. BetRivers, FanDuel vs DraftKings, BetMGM vs FanDuel, BetMGM vs DraftKings, and more.

More sportsbook promo codes

Even though you don't need DraftKings Sportsbook promo codes to collect any of the rewards the online betting app has to offer, other betting sites may utilize their own unique codes to redeem bonuses. So, we've done the hard work for you, analyzing the BetMGM bonus code, FanDuel promo code, bet365 bonus code, Fanatics Sportsbook promo code, and BetRivers bonus code offerings via a plethora of in-depth guides. 

DraftKings promo code FAQs