Bet $5 Get $200 in Bonus Bets Instantly
T&Cs apply, 21+
DraftKings Sportsbook Review
Signup Bonus
New Draftkings Sportsbook Customers are welcomed with a massive bonus: Bet $5+ Get $300 in Bonus Bets If Your Bet Wins. This is strictly 1 per new customer. You must make a minimum $5 first time bet to instantly receive a max $200, which is issued as eight separate $25 Bonus Bets. You must be in eligible U.S. jurisdictions and be 21+ (18+ in DC/KY/WY/PR). This promotion ends April 6 2026 at 11:59 PM ET. Full terms and conditions apply: https://sportsbook.draftkings.com/promos
- 1 per new customer.
- Get max. $300 in Bonus Bets if your bet wins.
- Min. -500 odds req.
- Must select token BEFORE placing min. $5 bet
- Token and Bonus Bets are single-use and non-withdrawable.
- Bonus Bets expire in 7 days (168 hours).
- Bonus Bets issued as (12) $25 Bonus Bets.
- Stake removed from payout.
- Token expires 5/3/2026.
- $5 bet must settle by 5/3/2026.
- Terms: sportsbook.draftkings.com/
promos - Ends 4/26/26 at 11:59 PM ET.
- Must be physically located in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NY, OH, PA, 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/WY/PR).
- New Customers Only.
If Your Bet Wins - The Payout Rule
When utilizing this offer, it is critical to know how the payouts work. The stake is removed from payout when using Bonus Bets. For example, if you wager a $25 Bonus Bet on a +100 market and it hits, you keep the $25 profit, but the original $25 Bonus Bet stake is not returned to your balance. Additionally, Bonus Bets expire in exactly 7 days (168 hours) and are single use and non withdrawable.
The Betstamp Grinder Strategy
Betstamp Tip: Because the stake is removed from payout on your eight $25 Bonus Bets, you should avoid betting them on heavy favorites (like -200 moneylines). To maximize your expected value, target plus money underdogs or 2 leg SGPs in the +150 to +300 range. This ensures you extract the highest possible raw cash return from the non withdrawable tokens before they expire in 168 hours.
Quick Facts
| Overall Rating | |
| Mobile Apps | iOS and Android |
| Same Game Parlays | |
| Live Betting | |
| Early Cashout | |
| Live Streaming | |
| Cryptocurrency | |
| Has A Casino | |
| Odds Provider | DraftKings |
| Payment Methods | Bank Transfer, PayPal, Debit |
| Redemption Speed | 24 to 48 Hours |
| VIP or Loyalty Program |
Pros and Cons
- Elite native mobile applications for both iOS and Android
- Massive betting markets including deep player props and niche sports
- High value Bet $5 Get $200 instantly in bonus bets for new users
- Seamless shared wallet between Sportsbook Casino and DFS platforms
- Fast and highly reliable withdrawals via traditional banking methods
- Bonus bets are strictly single use and non withdrawable
- Stake is removed from the payout when using bonus bets to wager
- Promotional offers have strict expiration dates and times
- Can occasionally have higher juice on obscure prop markets compared to offshore
The Elite Mobile Experience
The DraftKings app is the gold standard for North American sports betting. It features zero lag during heavy live betting sessions and integrates Flash Bet technology to wager on every point in tennis or pitch in baseball.
Dynasty Rewards Program
Every dollar wagered across the Sportsbook, Casino, and DFS platforms earns Crowns. These Crowns dictate your tier in the Dynasty Rewards program, unlocking everything from bonus bets to exclusive live experiences and physical merchandise.
DraftKings Customer Support Info
Live Chat Hours
Available 24/7
Phone Number
Callback request
Email Address
sportsbook@draftkings.com
Languages
English
@DKSportsbook