DraftKings Promo Code – How to Claim the $1,050 Bonus in 2025

DraftKings shot to fame in 2012 by becoming a leading provider of daily fantasy sports (DFS). Following the U.S. Supreme Court’s overturning of PASPA in 2018, the brand changed dramatically.

DraftKings is now a fully-fledged sports betting site operating in several states. In bid to woo the masses, the platform has made its bonus code seriously enticing.

New players receive a free bet with a minimum deposit, plus a deposit match bonus to get started. Keep reading our DraftKings bonus review to learn how to claim these offers.

DraftKings new user bonus is made up of two parts. Register with our DraftKings promo code and make a minimum deposit to unlock a $50 free bet plus a 20% match deposit bonus up to $1,000.

As longs as you are located in a state where DraftKings is live and legal, you can trigger a total of $1,050 welcome bonus. The offer is subject to the following requirements:

• Sign up an account and deposit at least $5 to unlock a $50 free bet
• DraftKings fee bet is valid for 30 days from the time it’s activated
• There are no restrictions on the type of wager you can make with a free bet
• The first deposit is matched at a rate of 20% up to $1,000
• Must deposit $5,000 to unlock full bonus funds
• Deposit match bonus comes with 25x playthrough requirements
• Bets must have odds longer than -300 to qualify for the playthrough requirement
• You must complete these requirements within 90 days

DraftKings bonus requirements are pretty clear. Since the first deposit is matched at a rate of 20% up to $1,000, it means a deposit of $5,000 is needed to unlock the full amount.

To convert the bonus funds into withdrawable cash, you must complete a 25x playthrough requirement, whereby $1 bonus credit is released for every $25 wagered.

For example, say your first deposit is $500, you would then receive $100 in bonus funds. To withdraw these funds, you would need to wager $2,500 within three months.

DraftKings signup bonus is super easy to claim. Just follow the steps below:

Step #1: Head to the DraftKings Website

Visit the DraftKings Sportsbook site and sign up a new account. You can click on one of the links on our page to visit DraftKings landing page.

Step #2: Provide Basic Information

During the sign-up process, you’ll be asked to complete basic personal details in addition to the login credentials. Your personal information and login credentials include:

• First and last name
• Username and password
• Email address
• Date of birth
• State
• Last four digits of your SSN

DraftKings may also require that you undergo additional identity checks after creating a new account. In this case, you may have to submit a digital copy of your ID/driver’s license/passport.

Step #3: Enter the DraftKings New User Bonus

You have to enter the DraftKings new user bonus to activate the signup bonus. This code is free to use in all states where DraftKings operates.

Step #4: Make a Minimum Deposit of $5

Deposit at least $5 to be eligible for DraftKings multi-part welcome bonus. There are tons of deposit options available for players including the following; credit/debit card, PayPal, ACH direct transfer, PayNearMe, e-check, Play+ prepaid card or cash at the DraftKings Casino cage.

Step #5: Receive Your $50 Free Bet Plus a 20% Deposit Match Up To $1,000

Your first deposit of $5 will automatically trigger a $50 free bet. Thereafter, DraftKings will match 20% of that same deposit up to $1,000.

For example, if you deposit $100, DraftKings will credit your account with $50 free bet credits and $20 deposit match bonus funds.

Step #6: Complete Your Playthrough Requirements

DraftKings deposit match bonus funds aren’t immediately available for withdrawal. You must complete your 25x playthrough requirements and then withdraw any winnings you earn from it.

DraftKings sports bonus code unleashes “free money” to capture the attention of new customers. But that’s not to mean there’s no DraftKings promo for existing users too.

Whether it’s a signup bonus or a promo for regular customers, the goal is to turn the bonus into cash. So how can you achieve that?

Here are five pro tips to make the most of DraftKings bonuses:

Tip 1: Know Your Goal With Deposit Bonuses

Don’t make a sportsbook deposit for the sake of earning a bonus. Make a deposit because you want to have fun betting on sports.

DraftKings betting bonuses give you an opportunity to double or triple your current bankroll. But unless you’re okay with risking big and coming away empty handed, you should make a deposit conservatively.

The idea is to have fun just as you would without a bonus. You might want to start with smaller deposits and experiment with your bonuses before going full throttle.

Tip 2: Understand Your Rollover Requirements

You need to hit a rollover requirement before you can redeem your DraftKings match deposit bonus. DraftKings gives 20% of the first deposit amount as a bonus.

However, you must wager 25x your deposit in order to withdraw the full bonus amount. Every $25 you wager will release $1 bonus.

For example, say you deposit $500 and got an extra $100. To withdraw the full $100, you have to wager $2,500 within 90 days. That’s an insanely high roller so make sure you know what’s at stake.

Tip 3: Be Mindful of Odds Restrictions

As well as rollover requirements, DraftKings has a restriction on the odds of bets you can make using your free bonus funds.

Your wagers will only contribute to playthrough requirements if they’re at odds greater than -300. There are no restrictions on plus odds.

Again, make sure you’re clear about what qualifies and what doesn’t. Otherwise you risk missing out on the opportunity to turn those bonus funds into cash.

Tip 4: Experiment with Exotic Wagers

For more risk-taking mindsets, DraftKings bonuses are a fun way to experiment with exotic wagers. Doing so gives you the exposure without risking your money.

Futures and huge monelyline underdogs are an excellent place to start. These wagers usually result in little return, but they could massively boost your bankroll in the long run.

Parlays aren’t a bad option either. A parlay bet involves a lot of risk, but when it hits, rest assured the return is so much greater.

Tip 5: Don’t Forget to Read the Fine Print

Read the terms and conditions thoroughly before redeeming a DraftKings promo code. Sportsbooks T’s and C’s exist for a reason.

If you don’t know what DraftKings expects of you, chances are you will not collect your bonus. So make sure you understand everything before accepting a reward.

You can even contact us if you get stuck. Better still, reach out to DraftKings customer service department to clear any doubts you may have.

DraftKings has expanded into 15 states, with a vision to go live in more states. You can now redeem a DraftKings promo code if you reside in a state where the sportsbook is legal.

DraftKings promo is pretty consistent across all legal states. Here are the states where DraftKings online sports betting is legal:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Michigan
• New Hampshire
• New Jersey
• New York
• Pennsylvania
• Tennessee
• Virginia
• West Virginia
• Wyoming

DraftKings provides a wealth of ongoing offers to reward regular customers. Often, DraftKings promotions change on a weekly or monthly basis.

Players signing up a daily fantasy sports account can look forward to a 20% match deposit up to $500. A DraftKings fantasy promo code is required.

Casino players aren’t left out either. A DraftKings Casino bonus code unlocks $50 free bet credits plus a 100% match up to $2,000.

Others promotions to expect include:

• DraftKings risk free bet
• Opt-in odds boosts
• Free to play pools
• Pregame protection

DraftKings Refer a Friend – Get a $100 Free Bet Plus a $1,000 Deposit Bonus

DraftKings refer a friend program rewards you with a $100 free bet plus a $1,000 deposit bonus. To refer a friend, do the following:

• Log in to DraftKings to access your unique referral link
• Send your friend a referral link through email, text, twitter or Facebook
• Have your friend sign up with your link and deposit $100 or more
• Get rewarded

Does DraftKings Have Bonuses for Existing Customers?

DraftKings offers a variety of deals and promotions to its current customers. You may get a bonus for Fantasy Sports, Sportsbook or Casino.

DraftKings promo codes can activate many different bonuses, such as inflated boosts on specific bets, parlay competitions, casino free credits and more.

Some of these promotions give you a chance to win thousands of dollars in prize money, so make the most of them to build your bankroll.

When you create a DraftKings account, you’re automatically enrolled in the DraftKings Dynasty Rewards Loyalty Club. From there, every time you play real money on casino, sports and fantasy, you earn loyalty points known as Crowns.

You can redeem Crowns via the Dynastic Store shop on the site. Some of the items available in the store include Apple iPhone Case, MacBook Pro and iPhone 13 Pro.

You can also accrue these Crowns and use them to climb up the ranks of the loyalty club. There are five distinct levels: Bronze, Silver, Gold, Diamond and Onyx.

Each new level adds new benefits to the previous tier. Players in the highest levels can unlock priority customer support, VIP associates and VIP host.

Being able to cash out your DraftKings promo funds without a hassle is important. Though the platform offers only a few methods for withdrawal, they’re all pretty convenient.

Once you’ve redeemed your DraftKings promo code and placed a successful bet, you can withdraw your winnings using methods such as credit cards, VIP Preferred e-check, Play+ and PayPal.

The minimum withdrawal amount is set at $15 while the maximum is up to $100,000, depending on the method used.

Withdrawals usually take up to three business days to complete. However, DraftKings will need to verify your identity before releasing your funds.

DraftKings welcome bonus is one of the best in the sports betting market. With a minimum deposit of $5, the sportsbook gives you $50 free bet credits. As if that’s not enough, your first deposit is matched 20% up to $1,000.

On the downside though, DraftKings 25x playthrough requirements are more stringent than the competition. The good news is DraftKings has several ongoing bonuses with easier wagering requirements.