DraftKings Promo Code February 2026: Bet $5+ Get $300 in Bonus Bets If you win

DraftKings promo code is one of the best I've come across - and I'm here to tell you why. Stick with me and I’ll reveal how you can get $300 in bonus bets just for signing up to this site and betting $5.

Here, you’ll learn all about the key terms of this deal so that you can use it as effectively as possible.

I’ll also be checking out all of the brand’s latest promos for existing customers to make sure everyone gets bonuses after reading this review. Let's dive in.

New Customers: Bet $5+ and get $300 in Bonus Bets if it wins!

Play Now DraftKings Promo

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-522-4700, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 2/22/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 2/15/26 at 11:59 PM ET. Sponsored by DK.

DraftKings bonus for New Customers: Claim $300 in bonus bets for placing a $5 bet

DraftKings has just conjured up a truly monumental welcome offer. It's a deal for new customers where you just have to sign up and bet $5, and doing so will get you $300 in bonus bets when the opening bet wins. The bonus bets can then be used to enjoy plenty more sports betting at no cost to yourself.

You’ll need to choose the promotional token before placing your qualifying wager. Your bet must meet minimum odds of -500, and the Bonus Bets are only awarded if that qualifying wager wins.

Both the promotional token and Bonus Bets are single-use and non-withdrawable. The token expires on February 1, 2026, and any Bonus Bets awarded must be used within seven days (168 hours) of receipt. Keep in mind that your original stake will not be included in any Bonus Bet winnings.

New customers in Missouri can now enjoy a unique bonus bet offer of "bet $5 to get $300" bonus bets. The offer expires after 7 days (168 hours). The bonus cannot be withdrawn. Only new customers who have not claimed an early sign-up promo before the launch can get hold of this offer.  The bonus bet offer for Missouri ends on 1/25/26 at 11:59 PM ET,  To qualify, you need to be 21 or older (18+ in DC/KY/WY) and physically located in an approved state. Offers are void in ONT/OR/NH, limited to one per new customer, and offered on behalf of Boot Hill Casino & Resort (KS). Illinois customers may see a pass-through per-wager tax. and it is sponsored by DraftKings. Terms: sportsbook.draftkings.com/promos

GAMBLING PROBLEM? CALL 1-800-GAMBLER. (MA: 800-327-5050) (NY: 877-8-HOPENY / text HOPENY 467369). You can also visit gamblinghelplinema.org (MA), ccpg.org (CT), or mdgamblinghelp.org (MD). Please gamble responsibly.

Terms and conditions for the DraftKings promo

Obviously, any deal this impressive is going to be accompanied by a fair amount of terms and conditions. While there isn’t anything too sneaky hidden in the small print, it is well worth keeping the following terms in mind:

• Your $300 in bonus credit will be paid out as twelve separate $25 bonus bet tokens
• You cannot withdraw the bonus bets themselves, only the extra winnings created by their use
• You get just seven days to use the bonus bets after they land in your account

Beyond those points, you’ll be glad to see that there isn’t any minimum odds requirement for either your qualifying bets or your bonus bets. Definitely not the case with some other sportsbook promos that I can think of.

How do I use the DraftKings welcome offer 

While you won’t have to use any kind of DraftKings promo code to claim this deal, you will have to follow some important steps. Here’s what you need to do:

1. Tap on any of the links for DraftKings Sportsbook in the banners of this page to launch the site from the browser of your computer or mobile
2. Hit the Sign Up button to start the registration process
3. Fill in the form with personal details like your email address and mobile number
4. Create a username and password
5. Enter in any further required personal information and submit your application
6. Log into your newly created account
7. Navigate to the cashier section and make a deposit with one of the accepted payment methods (Paypal, Venmo, Apple Pay, and cards like Visa, Mastercard and Discover)
8. Make an opening bet of $5 or more
9. Now your bonus should be activated and you can start betting with your bonus bet tokens

You will have to have a fully verified account before you can do things like make your deposits or qualifying bets.

This is something that should automatically be done during registration as you’ll be expected to enter details like your date of birth and social security number.

If this doesn’t work, then you may have to submit a scan of some government-issued photo ID such as your driver’s license or passport.

Daily offers for existing users available at DraftKings

Once you have made good use of your welcome offer, you will probably be keen to hunt down even more promos. The good news is that DraftKings won’t let you down here. Here is a snapshot of some of the brand’s deals for existing customers:

• Dynasty Rewards: This is the brand's rewards program where every bet you make could see you getting Crowns and Tier Credits. Crowns can be traded in for perks like merchandise, travel essentials, contest tickets or even bonus credit for more sports betting. The Tier Credits will help you advance up the various loyalty levels from Bronze and Silver through to Gold, Diamond and Onyx where the rewards can get even more spectacular.
• Winnings boosts: These are simple deals that will simply give you more for your winning bets. Such deals could work to give you anything from a 50% boost on your winning college football parlay to a 34% boost on this weekend's MLB action.
• Referral offers: This is where you just have to get a friend to sign up to DraftKings using your unique referral code. If you do this successfully, you’ll receive a reward in the form of bonus bets funds. How much you get will depend on the size of your referral’s first deposit, but from what I’ve seen, you may get as much as $100 in bonus bets.
• Season Pass promos: This is where you can simply make a $5 bet on any soccer game and then doing so will get you a Season Pass subscription for MLS. Perfect for enjoying plenty of extra soccer entertainment.
• NFL Tickets Giveaways: I like this deal as you just have to check your My Stat Sheet in the Responsible Gaming area to get a shot at winning two tickets for Super Bowl LX. It’s completely free to enter too.

Is the DraftKings Sportsbook promo legit?

DraftKings is possibly the biggest online sportsbook in the US, and so this should give you plenty of confidence in terms of claiming its bonuses. Not only that, but each of these deals will be accompanied by a lengthy amount of terms and conditions.

These will detail exactly what you can and cannot do with your bonus credit, and you can always contact the brand’s friendly customer service team via live chat and email 24/7 if there is anything that you don’t understand.

DraftKings also operates legally in all of the states in which it is present. As we read in the DraftKings Sportsbook review, it holds the following licenses:

• License from the New Jersey Division of Gaming Enforcement to operate in New Jersey
• License from the West Virginia Lottery Commission to operate in West Virginia
• License from the Pennsylvania Gaming Control Board to operate in Pennsylvania

Where is the DraftKings sign up bonus available?

I was pleased to find that DraftKings has made sure that its welcome offer is the same in each of the states that it operates in.

Here is a quick reminder of where you can sign up to this online sportsbook from: Arizona, Colorado, Connecticut, Washington, D.C., Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

How does the DraftKings Sportsbook welcome bonus compare?

While DraftKings is one of the market-leaders in the sports betting domain, it is going to have to continue to work hard to maintain its position. The brand’s welcome offer should do a good job of this, but it’s still worth comparing this deal to the following sign up offers at some rival brands:

Is the DraftKings offer right for you?

If you’ve made it this far, you will know what the DraftKings welcome offer is and you’ll have a good idea of what other sportsbook sign up offers are on the market. So let’s have a quick recap of whether this deal is right for you:

Who’s it for?

You can only get this bonus if you have never signed up to DraftKings Sportsbook before. You will also have to be at least 21 years old and betting from one of these states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming. Bettors from Washington, D.C. can also join.

What stands out?

It’s possibly the most generous welcome bonus on the market as you’ll get $300 in bonus bets to use, however you want, after making an opening bet of just $5 with no minimum odds requirement.

What’s missing?

Some players might complain about the fact that the bonus is split up into twelve $25 bonus bet tokens and that you only get seven days to use this deal.

Responsible gaming features found at DraftKings

Responsible Gaming is taken very seriously at DraftKings to make sure players stay in control. You can easily find their tools by clicking the tab in the DraftKings site footer and you'll find a bunch of them you can use to keep your sports bets in check. These are all worth reviewing before you claim the welcome bonus.

These include the ability to apply limits in your deposits, losses, contests entered, wagering and time spent at the site. You can also manage which deposit methods you can use, block certain bets, take a cooling-off period or even exclude yourself from the site.

Conclusion: No DraftKings Sportsbook bonus code required for any of these promos 

DraftKings has revealed itself to be home to some truly remarkable deals. I’d say that the brand’s welcome offer is easily one of the most generous sign up bonuses on the market, and there is an equally good selection of winnings boosts for various sports.

Beyond this, you will find some handy referral offers and the Dynasty Rewards program looks more than capable of helping you stick around at this site.

Make sure that you click on any of the links for DraftKings Sportsbook featured on the banners on this page if you’d like to sign up to the brand and put deals to good use.

DraftKings promo code FAQ