DraftKings began in 2012 in a founder’s spare bedroom as a fantasy sports platform. Over the years, it expanded rapidly, adding a sportsbook and online casino.
Today, its sportsbook operates legally in 25 U.S. jurisdictions, including Washington, DC, while its fantasy sports offering reaches 44 states. DraftKings controls roughly 32–36% of the U.S. sports betting market, competing closely with FanDuel, which holds a similar share.
DraftKings Welcome Bonus 2025
| DraftKings Sportsbook Bonus Code | Claim Offer! |
| Free Bets | Bet $5, get $200 in bonus bets |
| DraftKings Deposit Welcome Offer | $1,000 deposit match bonus |
| Promo Terms | New Customers in AZ, CO, CT, DC (18+), IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, and WY (18+). |
| Visit: | sportsbook.draftkings.com |
The DraftKings Sportsbook welcome bonus for 2025 gives new users a simple but valuable offer: place a first bet of $5 and instantly receive $200 in bonus bets, no matter if your wager wins or loses. The bonus is paid as eight $25 bets that must be used within seven days, and only the profit from those bets can be withdrawn since the stake is not returned.
Along with the bonus bets, new customers also receive over $200 off NFL Sunday Ticket within 72 hours of placing their qualifying wager. DraftKings also offers a 20% deposit match up to $1,000 in site credit, though unlocking the full amount requires significant wagering. Altogether, the promotion can be worth up to $1,200.
DraftKings Welcome Offer Terms
No promo code is needed to access any of the current welcome bonuses at DraftKings in legal states. Here are the key terms to keep in mind when claiming DraftKings’ latest promotion for new users:
- No promo code needed — the offer applies automatically to new customers.
- Minimum bet: Place at least $5 on a wager with odds of –500 or longer.
- Bonus amount: $200 in bonus bets, split into eight $25 bets.
- Wagering time: Bonus bets must be used within 7 days of being credited.
- Winnings: Only the profit is paid out; the bonus stake itself is not returned.
- NFL Sunday Ticket: Discount code (over $200 value) is sent within 72 hours of first wager.
- Deposit match: 20% up to $1,000 in site credit; higher wagering required to unlock.
- Eligibility: Must be 21+ (18+ in KY, WY, and DC) and located in a legal DraftKings state.
To participate, customers must meet the age requirement of 21+ (or 18+ where specified) and be located in eligible states, including AZ, CO, CT, DC (18+), IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, and WY (18+).
What is the DraftKings Sportsbook Promo Code?
As of 2025, no promo code is needed to claim the DraftKings Sportsbook welcome offer. The promotion is automatically applied when eligible new users meet the requirements.
How to Claim the Bonus
- Sign up for a new DraftKings Sportsbook account.
- Deposit at least $5.
- Place a $5 bet (minimum odds of –500).
- Once the bet settles:
- $200 in bonus bets will be credited to your account.
- The NFL Sunday Ticket discount will be available within 72 hours.
- If you deposit more, you can also qualify for the 20% deposit match up to $1,000.
Current Promotions at DraftKings Sportsbook
- Bet $5, Get $200 in Bonus Bets + NFL Sunday Ticket Discount
New users who place a $5 qualifying bet receive $200 in bonus bets instantly, along with over $200 off NFL Sunday Ticket. - Deposit Match Bonus
DraftKings also offers a 20% deposit match up to $1,000 in site credit. Unlocking the full amount requires high wagering volume. - Total Bonus Value
Between the bonus bets, Sunday Ticket discount, and deposit match, the welcome package can be worth up to $1,200. - Ongoing Offers for Existing Users
DraftKings regularly provides daily odds boosts, profit boosts, and special promotions tied to major sporting events. Current promos include:- NFL Thursday Night Football SGP Insurance: Place a 4+ leg Same Game Parlay on Thursday Night Football and get a bonus bet back if only one leg loses.
- Daily No Sweat SGP/SGPx Token: A token that refunds a losing parlay once per day across any sport.
- NBA x DK Shop Bet & Get: Place a $10+ NBA SGP or SGPx bet and get $15 to use in the DraftKings Shop.
- Refer a Friend: Invite a friend to DraftKings and both of you receive bonus bets and casino credit once they place a qualifying wager.
Unique Features at DraftKings Sportsbook
DraftKings has built its reputation by giving players not just a sportsbook, but a full betting experience. The platform combines promotions, unique bet types, and loyalty rewards with one of the smoothest betting apps in the U.S. Here are some of the standout features you’ll find when using DraftKings Sportsbook:
Daily Odd Boosts
Every day, DraftKings highlights top events with boosted odds. This means you can place your bet on a big NFL matchup, an NBA playoff game, or even a major UFC fight at improved odds compared to the regular line. If you like betting on the games everyone is talking about, this is one of the best ways to add extra value.
Refer a Friend
Sharing DraftKings with friends comes with rewards. If you invite someone using your personal link, both of you benefit. For example, when your friend deposits and wagers $50, you each get a $50 bonus bet and a $50 casino credit. It’s an easy way to build your bankroll while introducing someone to the platform.
Player Prop Betting
DraftKings doesn’t just offer standard spreads and moneylines—it has a full section dedicated to player props. You can bet on LeBron James’ points, Patrick Mahomes’ passing yards, or Connor McDavid’s shots on goal. Props are available across major leagues like the NFL, NBA, NHL, and MLB, often with more depth and variety than smaller sportsbooks.
Dynasty Rewards
Loyalty pays off with the Dynasty Rewards program. Every time you bet, you earn Crowns and Tier Credits. Crowns can be redeemed for free bets, site credits, or even hospitality experiences at live events. For example, frequent players may move up tiers and unlock exclusive perks—like better bonuses or VIP access.
Betting Variety
Few sportsbooks cover as much ground as DraftKings. You’ll find:
- Major U.S. sports like NFL, NBA, NHL, and MLB
- College football and basketball with deep markets
- International favorites like soccer, rugby, and cricket
- Special events such as the Oscars, Emmys, or political betting
Your options include straight bets, parlays, same-game parlays (SGPs), futures, over/unders, and prop bets. For example, you could build an SGP on an NFL game with the winner, total points, and a quarterback passing yard prop—all in one ticket.
Live Betting and Streaming
With DraftKings, you don’t just place bets before the game—you can wager as the action unfolds. Live betting lets you react to momentum shifts, like betting on the underdog after a strong first half. On select events, DraftKings also provides live streaming, so you can watch and bet in real time without leaving the app.
Cash-Out Options
Sometimes you want to lock in profit before the final whistle. DraftKings’ cash-out feature lets you settle your bet early, whether your team is ahead and you want to secure a win, or you’d rather cut losses if things aren’t going your way. It puts you in control of your wagers.
Daily Fantasy Sections
DraftKings continues to lead in daily fantasy sports with special promotions tied to major events. These offers are updated regularly and give you extra ways to stay engaged, whether you’re building an NFL lineup, entering an NBA contest, or trying out niche sports. The variety keeps the fantasy side fresh and rewarding alongside the sportsbook.
Loyalty Program at DraftKings Sportsbook
DraftKings rewards regular play through its Dynasty Rewards program. Every bet you place earns Crowns and Tier Credits, which can be exchanged for bonus bets, site credits, or even special experiences. The more you play, the higher your loyalty level, unlocking bigger rewards and exclusive perks. It’s a system designed to give you something back every time you wager.
Top 10 Major Events to Bet on in the USA with DraftKings
DraftKings also highlights major sporting events, drawing significant betting interest. These include:
- NFL Super Bowl & Playoffs / NCAA Football – The most popular betting events of the year with plenty of props and specials.
- NBA Playoffs and Finals – High-intensity games with a wide variety of betting options.
- NHL Stanley Cup – Championship hockey with moneylines, props, and live betting.
- MLB World Series – Baseball’s biggest stage with inning-by-inning and futures bets.
- Golf Majors – Events like the Masters and U.S. Open with outright and matchup bets.
- U.S. Open Tennis – Grand Slam action featuring match winners, totals, and live wagers.
- UFC and Boxing Fights – Title bouts with betting on winners, rounds, and methods of victory.
- Formula 1 Racing – High-speed global races with bets on podiums and fastest laps.
- The Olympics – Wide-ranging markets across dozens of sports every four years.
- Special Interest Events – Unique markets like eating contests and pop-culture moments.
What is DraftKings Sportsbook?
DraftKings has grown from a fantasy sports startup in 2012 into one of the biggest names in U.S. betting. Along the way, it’s partnered with major leagues like MLB and the NFL, and even brought high-profile investors such as Michael Jordan on board.
What makes DraftKings stand out today is the experience it gives players. The app is packed with daily odds boosts, same-game parlays, and live betting, which now makes up more than half of all wagers. It also runs special promotions tied to big events like the Super Bowl, NBA Finals, and UFC title fights, giving fans more ways to get involved.
In 2025, the company continues to innovate. Live betting now makes up more than half of all wagers, giving players more ways to engage in real time. DraftKings is also testing prediction markets, allowing users to bet on outcomes beyond sports, which could expand access in states where traditional betting is limited.
Review and Our Opinion of DraftKings Sportsbook
DraftKings is one of the most polished and reliable sports betting platforms in the U.S. The site combines a wide range of markets with competitive odds, making it appealing for betting on major leagues or smaller events. The layout is easy to navigate, the app runs smoothly, and with frequent promotions.
Pros
- Wide selection of betting markets
- Attractive welcome bonus for new users
- Easy-to-use interface and mobile app
- Trusted, licensed, and legal across multiple states
Cons
- Live betting odds can update slowly
- Limits on boosted bets are relatively low
Deposit Methods
DraftKings Sportsbook makes it simple to add money to your account with several safe and convenient options. You can use debit cards (Visa and MasterCard), bank transfers, wire transfers, and popular e-wallets such as PayPal, Skrill, and eCheck. DraftKings also offers Play+, a prepaid card designed for gaming deposits. In some states, you can even deposit cash directly at the casino cage. Important: As of August 25, DraftKings no longer accepts credit card deposits for its online sportsbook and casino..
Customer Support
Help is available around the clock. You can use the 24/7 live chat for quick answers or send an email to sportsbook@draftkings.com for more detailed questions. If you’d like to talk to someone directly, you can request a callback for phone support. DraftKings also shares updates and responds to players through their Twitter account, @DKSportsbook.
