DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified)

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$1,200 New User Bonus

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Sign up for a new account with DraftKings, you’ll earn an exclusive $50 bonus bet when you make your first deposit, that deposit is matched 20% for up to $1,000 AND you get $150 in bonus bets after placing your first cash bet for at least $5. Combined, that brings the total DraftKings promo code value to $1,200.

Keep reading to learn more about these bonus offers and how you can take advantage of them at DraftKings Sportsbook.


DraftKings promo code for first-time user

Register now to receive up to $1,200 in bonuses. Thanks to our exclusive offer, you can get $50 more than anywhere else.

DraftKings Promo Code Click to claim $1,200 sign-up offer
Deposit Match Offer 20% first deposit match up to $1,000
Exclusive Sign-up Offer $50 bonus bet with first deposit
Bet & GetBet $5, Get $150 in bonus bets
MLB Promo Early-win special, win your moneyline bet if your team take a two-run lead at anytime
Legal States AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
DraftKings Mobile App Android & iOS
Minimum Deposit $5
Deposit Options Online banking, credit/debit cards, PayPal, Venmo, wire transfer, VIP Preferred eCheck, check
Promo Code Valid In July 2024

DraftKings Sportsbook promo code terms and conditions

There are three parts to the current DraftKings welcome bonus. To make sure you qualify for all of them, use a link on this page when you register for a new account.

The first part of the DraftKings promo is our exclusive deposit bonus, which nets you a $50 bonus bet when you deposit $5 or more. This bonus bet must be used to place a wager on the DraftKings platform within 30 days, or it will expire.

Part two of the bonus is a 20% match on your first deposit up to $1,000. That means if you make an initial deposit of $200, you will receive a $50 bonus bet automatically for clearing the $5 minimum, along with a deposit match of $40 (20% of $200), for a total of $90 in bonus bets.

Keep in mind that the deposit match bonus funds are released at a rate of $1 for every $25 that you wager on the DraftKings platform. That’s a 25x playthrough requirement. If you claimed the full $1,000 deposit match, you would need to place $25,000 in wagers to convert the bonus funds into cash. You have 90 days to meet the playthrough requirements to release your bonus, though you do not have to release the full amount.

Lastly, make your first cash bet for at least $5, and you'll get another $150 in bonus bets. These bets come as six $25 bonus bets.

To claim the welcome bonus, you must be 21 or older. You must also be located in a state where DraftKings is legal, with geolocation services enabled if you are using the DraftKings app. DraftKings bonuses cannot be withdrawn and may be subject to further playthrough requirements.

Bonus up to $1,350 in Illinois, Iowa, Louisiana, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Vermont and Wyoming

For a limited time, DraftKings is offering up to $150 in extra bonuses to users in Illinois, Iowa, Louisiana, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Vermont and Wyoming.

In those ten states the bet and get portion of the welcome bonus comes in three sizes. You can bet $5 and you'll get $150 in bonus bets, or you could bet $10 and you'd get $200 in bonus bets or your final option is to bet $50 and receive $300 in bonus bets. The rest of the DraftKings promo code welcome bonus remains the same.

Again, this $1,350 DraftKings promo code sign-up offer is only good in Illinois, Iowa, Louisiana, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Vermont and Wyoming.

How to sign up and use the DraftKings promo code

To register for a DraftKings Sportsbook account, start by clicking a link on this page. Once you’re on the site, there’s no DraftKings promo code necessary as long as you meet the eligibility requirements and register using one of our exclusive links. Follow the steps below to claim the offer.

  • Click the “Sign Me Up” button on the DraftKings site.
  • Complete the registration form by entering your details (name, DOB, last four digits of your SSN, etc.).
  • Select a payment method and deposit at least $5 to unlock a $50 bonus bet.
  • Remember that you must be 21 or older to claim the DraftKings Sportsbook welcome bonus. DraftKings may also require you to complete identity verification steps, such as uploading a picture of your photo ID. You must also be in a state where DraftKings is legal.

Other promotions offered at DraftKings Sportsbook

In addition to the $1,200 welcome bonus currently offered to new players, DraftKings customers have a handful of other promotions available. Below is a quick overview of some of the promotions that are either currently running or that could be offered in the future.

  • MLB Early Win Offer: Make an MLB moneyline bet, and if your team goes up by two runs or more at any point in the game, your bet will pay out as a win, regardless of the end result of the game.
  • NHL Stepped Up Parlay: Celebrate the Stanley Cup Playoffs by placing an NHL parlay, same-game parlay, or SGPX wager, and you can receive a profit boost anywhere from 20% to 100%. The more legs you add to the parlay, the bigger your profit boost.
  • DraftKings MLB Pools: Enter DraftKings’s free MLB prediction pools every day and win up to $5,000 in prizes if you answer enough questions correctly prior to the start of each day’s MLB games.
  • DraftKings Odds & Profit Boosts: DraftKings frequently offers various odds boosts and profit boosts on select wagers across different sports and leagues. Check back each day to see which wagers have been boosted.
  • Refer A Friend: Get a friend to sign up for a DraftKings account using your referral link, and you can both earn up to $100 in bonus bets. When your referee deposits $25 or more into a new account, both of you will receive a bonus bet equal to 100% of their first deposit. In other words, if they deposit $50, you’ll both receive $50 in bonus bets, but if they deposit $100 or more, you’ll both receive $100 in bonus bets. You can repeat this process for up to 10 friends.

With so many rotating promotions, DraftKings almost always has a bonus on offer to help you get in on the action. Sign up now and click the “Promos” tab to view a full list of the current promotions.

How does the DraftKings promo code offer compare to other sportsbook bonuses?

DraftKings isn’t the only sportsbook on the market with a compelling welcome offer. Before you sign up anywhere, it’s a good idea to get a full picture of all the offers on the table. Here’s how the DraftKings $1,200 offer stacks up against some of the other top sportsbook offers.

  • DraftKings vs. FanDuel: Right now, FanDuel’s bonus offer is a “Bet $5, Get $200” offer, which nets you $200 in bonus bets when you make a minimum deposit of $10, place a bet of $5+ AND win that bet. However, DraftKings' $1,200 offer dwarfs it and does not require you win a bet to get part of the bonus.
    • WINNER: DraftKings by a mile.
  • DraftKings vs. Caesars: The current Caesars Sportsbook welcome offer is a first bet bonus worth up to $1,000 in bonus bets if your first bet loses. Place your first wager (minimum $5), and if it loses, you’ll be refunded your stake in the form of a single bonus wager, with a 1x playthrough requirement. DraftKings doesn't offer a bet refund, but does offer up to $1,200 in promos that you can get win or lose.
    • WINNER: DraftKings by a lot.
  • DraftKings vs. Bet365: At Bet365 Sportsbook, you get to choose your welcome bonus: either a first bet safety net for up to $1,000 or a more casual “Bet $5, Get $150” offer. If you really want a safety net offer, then Bet365 is the choice. But DraftKings offers you a bet and get for the same amount, plus an additional $1,050 in bonuses.
    • WINNER: DraftKings.
  • DraftKings vs. BetMGM: BetMGM offers a first-bet bonus worth up to $1,500 in bonus bets if your first wager (minimum $5) loses. Similar to Bet365, if insured bets are your thing, then taking the BetMGM welcome bonus makes sense. But at DraftKings you get $200 in bonus bets for a minimum deposit and $5 bet, plus you still get that 20% deposit match.
    • WINNER: DraftKings.
  • DraftKings vs. Fanatics: At Fanatics, the current welcome offer is good for up to $1,000. You do need to bet $100 a day for ten days to get this bonus though. This one is a little closer. The overall value of the DraftKings offer is better, but at Fanatics you can get FanCash by winning bets during your first ten days. We prefer the DraftKings offer because you get guaranteed returns for minimum investment, but Fanatics does offer a better top value.
    • WINNER: Tie.

In sum, DraftKings clears most of the competition when it comes to bonus offers. However, if more than one offer appeals to you, remember that you can always create accounts with multiple sportsbooks and claim their welcome offers.

DraftKings Sportsbook mobile app review

DraftKings is one of the most popular online sportsbook platforms in the country, with a top-rated mobile sportsbook app, tons of betting markets, and excellent bonuses, starting with the $1,200 welcome bonus. Below, we’ll go through some key aspects of the DraftKings platform to give you a better idea of what you can expect when you sign up.

  • DraftKings app: DraftKings has an exceptional free mobile app platform that runs smoothly on both iOS and Android devices. On the Apple App Store, it has an average rating of 4.8/5 with over 711,000 reviews, and on the Google Play Store, it has an average rating of 4.6/5 with over one million users. The app requires iOS 15.0 or later or Android 5.0 and up and takes up just over 300 MB of storage.
  • DraftKings website: If you prefer wagering from your web browser, DraftKings offers a fully functional web-based sportsbook platform that runs smoothly in Chrome, Safari, Firefox, and other popular web browsers. You can also access your account settings, DraftKings rewards, plus racebook, DFS, and casino (where available) features via the DraftKings website.
  • Available betting markets: DraftKings has an exhaustive range of bet types (money lines, spreads, totals, futures, props, parlays, SGPs, SGPXs) on top leagues like the NFL, NBA, MLB, NHL, NCAAF/B, UFC, PGA Tour, ATP/WTA Tour, plus soccer, motorsports, rugby, cricket, and other niche sports.
  • DraftKings odds: In general, DraftKings has odds that are either on par with or better than competitors’ odds. It has the best average odds pricing out of any major sportsbook on the NBA and NFL, though it sits closer to the middle of the pack on NCAAF and MLB wagers.
  • Customer support: One advantage of betting with DraftKings is that you will have consistent access to a professional customer support team. You can reach a DraftKings representative via 24/7 live chat through the site or app, by email (sportsbook@draftkings.com), phone (1-855-357-2377), or on X (formerly Twitter) @DK_Assist.
  • DraftKings rewards: DraftKings has its own rewards program called Dynasty Rewards. Here, players collect two types of rewards points, DK Tier Credits and Crowns, for every bet placed. Players then move up through the program’s levels—Bronze, Silver, Gold, Diamond, and Onyx—earning rewards like bonus offers, promotions, and experiences. There is also an invitation-only VIP program for top Onyx users.
  • DraftKings banking options: DraftKings makes it easy to move money on and off the platform with a number of prompt and reliable banking options. Players can deposit and withdraw using credit or debit cards, online banking, wire transfer, VIP Preferred, eCheck, Venmo, PayPal, and even checks by mail. The minimum deposit at DraftKings is $5, and there are no fees to deposit or withdraw.
  • Live betting: DraftKings offers one of the most comprehensive live betting menus of any major sportsbook. Access it by clicking the “Live In-Game” tab in the top toolbar. This will show you a full range of all the current games. With a huge range of international leagues available, DraftKings will have multiple options available to bet live any time of the day or night.
  • Parlays and SGPs: DraftKings makes it easy to place SGP or SGPX wagers. For the most popular leagues (e.g., NFL, NBA, NCAAF/B, NHL, MLB), you can access a dedicated same-game parlay menu for each game that will let you customize your SGP from an extensive menu of available legs. You can also find Quick SGP options pre-built for a number of other games and leagues.

DraftKings performs well in virtually every metric, making it easy to see why so many players choose to play with DraftKings in the 25 states where it currently operates. When you register now, you can claim up to $1,200 in bonus bets as a welcome bonus.

Advantages and disadvantages of signing up with DraftKings Sportsbook

DraftKings is easily one of the top online sportsbooks on the market, but no platform is perfect. Below, you’ll find our list of the main pros and cons of signing up with DraftKings.

  • $1,200 welcome bonus for new users
  • Daily MLB early-win bonus, plus plenty of other daily promotions and odds boosts
  • Top-rated iOS and Android app
  • Secure and reliable payment methods
  • Impressive range of betting markets
  • Dedicated SGP and live betting interface
  • Demanding playthrough requirements on bonus funds
  • Lack of live SGPs

Banking options at DraftKings

DraftKings continues to add options for depositing and withdrawing funds. This is great news since DraftKings already offers a number of options for funding your account. Here are all your current options.

Debit card
Online banking
Wire transfer

Where is DraftKings Sportsbook legal?

As of July 2024, DraftKings is legal in 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.

More states may join this list as state laws around sports gambling continue to evolve. You must be located in a legal state to sign up and enable geolocation so that DraftKings can verify your location. Attempting to bypass geolocation requirements by using a VPN or other means is prohibited. Such actions may result in your account being banned.

DraftKings DFS promo code welcome offer

Nowadays, DraftKings is primarily known as one of the nation’s top sportsbooks, but DraftKings initially earned its reputation as a daily fantasy sports (DFS) operator. DraftKings still offers a top-rated DFS platform, which you can access via the dedicated DraftKings Fantasy app or through the DraftKings site.

When you sign up with DraftKings Fantasy using a link on this page, your first deposit will be matched at a rate of 20% up to $500. Plus, you’ll automatically earn $20 in Free Play when you make your first deposit.

DraftKings DFS Promo Code Claim up to $520
Deposit Match Promo 20% match up to $500
Exclusive Sign-up Offer Get $20 Free Play with any first deposit
Legal States AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
DraftKings DFS Mobile App iOS & Android
Minimum Deposit $5
Deposit Options Credit/debit cards, online banking, wire transfer, VIP Preferred eCheck, Venmo, PayPal, check
Promo Code Valid In July 2024

How DraftKings DFS contests work

DraftKings offers many DFS contest types, including salary cap leagues, tournaments, Best Ball, Flash Draft, tournaments, single-game showdowns, in-game showdowns, head-to-head, tiers, plus casual and beginner contests. To enter, simply pick a contest, draft a lineup, and then follow along to see how your team stacks up against other players.

With the exception of some free-to-play contests, each contest will have an entry fee, with players competing to win the combined prize pool. You can choose the contest format and entry fee that’s right for you, and DraftKings will match you against players in your experience bracket.

With each contest you enter, you’ll earn experience badges, which DraftKings will use to match you against other players when you enter future contests. DraftKings also offers a DFS Playbook for new players, with fantasy advice to help you get acquainted with the platform, fantasy scoring, and draft strategy.

How DraftKings DFS compares to FanDuel Fantasy

DraftKings and FanDuel have been the dominant forces in the DFS industry since 2011, and their rivalry is still as fierce as ever. With that in mind, it can be difficult to distinguish between the two and decide which platform is ideal for you when you’re just starting out.

In most areas, DraftKings and FanDuel are comparable. They are both real money DFS platforms with a wide variety of contest types. They are available in most of the same states. Both offer hassle-free and reliable banking, professional customer service, and highly rated online sportsbooks in addition to their DFS operations.

While some FanDuel customers maintain that the app platform is preferable to DraftKings, our experts lean toward DraftKings as the superior DFS platform. This is largely thanks to its wider variety of contests, prize pools, and special events. With that being said, it’s a good idea to check out each platform for yourself and get to know their respective scoring systems and contest types.

What other DFS operators are there?

FanDuel and DraftKings aren’t the only DFS platforms worth considering. Several other DFS platforms, along with social sportsbooks and sweepstakes apps, offer exciting alternatives to sports betting apps. Here are some of our top contenders as of July 2024.

  • Underdog Fantasy: Underdog is one of the most popular DFS platforms currently on the market. It is known for offering Best Ball leagues, daily and weekly Battle Royale contests, and parlay-style pick’em contests. Underdog also offers frequent promotions for new users and bonuses for returning players.
  • PrizePicks: Exclusively devoted to a pick’em-style game mode where players combine “more” or “less” picks on player stats into a parlay-style ticket, PrizePicks is an ideal option for players looking for a fast-paced and beginner-friendly DFS option.
  • Fliff Social: Fliff is a social sportsbook that mimics the look and feel of a real money sportsbook. It lets players choose whether they want to play exclusively for fun using Fliff Coins or for possible cash prizes using Fliff Cash. Fliff also offers leaderboards and social features, meaning users can compete against friends for bragging rights.
  • Sleeper: Originally a platform for people looking to host their annual fantasy leagues, Sleeper has expanded into paid DFS contests, including salary cap, Best Ball, and other options. With the industry’s deepest stat-tracking and tons of unique features, Sleeper is a great option for more dedicated fantasy GMs.
  • SuperDraft Fantasy: For players who love nothing more than the thrill of the draft room, SuperDraft is an exceptional option. This operator spices up traditional draft leagues by offering unique game modes.

DraftKings sign-up promo code FAQ

Is the DraftKings sign-up offer good?

Yes, the DraftKings sign-up bonus is one of the best in the industry for value, ease of use, and return on investment. The current DraftKings welcome bonus is worth up to $1,200 and includes three different bonuses, including a 20% deposit match up to $1,000, a $50 deposit bonus, and $150 in bonus bets after placing your first bet for $5+.

Where do I get a DraftKings Sportsbook promo code?

No promo code is needed to unlock the DraftKings welcome bonus. Simply register using a link on this page, and you’ll secure our exclusive $50 bonus bet, plus $1,150 in other offers.

What is the current DraftKings welcome bonus?

The current DraftKings welcome bonus is a 20% deposit match on your first deposit for up to $1,000, our exclusive $50 deposit bonus and a Bet $5, Get $150 in bonus bets special.

Is DraftKings Sportsbook legit?

Yes, DraftKings is a licensed, legal, and highly reputable sportsbook that has been operational for more than a decade. It operates in 23 states and is fully regulated by local gambling authorities. Payments are handled securely, user data is stored safely, and the gameplay is fair.

Is DraftKings Sportsbook available where I live?

Currently, DraftKings is available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Vermont, West Virginia, and Wyoming, as well as the Canadian province of Ontario. If your state does not appear on this list, you are not currently able to wager with DraftKings.

If I registered with DraftKings DFS, can I still get the DraftKings Sportsbook sign-up offer?

Yes. The DraftKings DFS sign-up offer is different from the DraftKings Sportsbook offer. To claim the DraftKings Sportsbook $1,200 welcome bonus, you must create an account with DraftKings Sportsbook.

Is the DraftKings Sportsbook app available for iOS?

Yes, the DraftKings Sportsbook app can be downloaded for free from the iOS App Store. It has an average rating of 4.8/5 stars based on over 700,000 reviews from current users.

Is the DraftKings Sportsbook app available for Android?

Yes, the DraftKings Sportsbook app is available for free on the Google Play Store. With an average rating of 4.6/5 and over 1,000,000 users, the DraftKings Android app is among the most popular sportsbook apps for Android users.

Have you reviewed any other sportsbooks or DFS sites?

Yes, we have reviewed a large number of online sportsbooks and online daily fantasy sports sites. Here are some of our favorites:

DraftKings Promo Code Reviews


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Ted

Best interface in the business and endless amounts of bets to make.


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Bookie1987

Odds are ripe for the picking. Bonus worked. Thanks for the easy money suckers..lol


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Go Pats! I bet it all on the Pats and won. Give me more free money and I'll take you to the bank!


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Sportsbook bonus worked for me in NJ on the mobile app.


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Michelle

Loving the Sportsbook! Now I don't have to drive to AC to bet on the Giants...the Jets suck! hahahaha


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Bryan

I'll take anything free...i'm going to play anyway. Not sure what people are complaining about.


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Dude007

Saw a draftkings promocode offer on TV. Not sure if this is the same, but how is a $3 contest entry supposed to motivate me to deposit my money? Come up with something better and maybe I'll come back.


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I'm loving draftkings.com. I saw a tv commercial and have been hooked ever since. IMO, draftkings is better than fanduel. Bigger prize pools and I like the site better


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Chris

How can $600 free be bad?


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Dusty

$600 is nice, but wish I got it immediately.


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Sandy

thanks for the free cash!


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Cory

Can't argue with $600, but I think the release rate is slow. I know it's industry-standard, but that needs to change.


DraftKings Sign-up Promo Code: $1,200 Max Bonus (Verified) by Daniel

One of the highest amounts I've seen. You do have to play a number of cash games to get it released.