If you’re looking to dive into the exciting world of sports betting, DraftKings Sportsbook is our top choice. With a user-friendly interface, a wide range of betting options, and competitive odds, it’s no wonder sports enthusiasts have been flocking to this platform for years. In this review, we’ll explore everything you need to know about DraftKings Sportsbook, including the best DraftKings promo code to maximize your betting experience.

Best DraftKings Promo Code for 2025

To get the most out of your experience, using the right promo code is essential. Here’s how to unlock exclusive offers:

DraftKings Promo Code	Click to claim Up to $1,250 in bonuses
Sign-Up Offer	• $50 bonus bet with first deposit • Bet $5, Get $200 in bonus bets • 20% deposit match up to $1,000 (25x playthrough, excludes MA)
Required Deposit	$5
Important Terms & Conditions	– 1 per new customer – 21+ and present in legal state – $5+ first-time bet required. – Bonus bets are not withdrawable. – Bonus bets must be wagered within 30 days of receipt, or they will expire. – Bet $5, get [ct id=1032 slug=draftkings-sportsbook-bonus2] offer is paid out as eight $25 bonus bets. – Stake removed from payout
Eligible States	AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY
DraftKings Mobile App	iOS & Android
Offer Expires	March 30, 2025
Promo Code Last Verified	March 25, 2025

• Welcome Bonus: New users can take advantage of a generous welcome bonus when signing up and you don’t even need a special DraftKings promo code. When you sign up in March you’ll get an exclusive $50 bonus bet when you make your first deposit and another $200 in bonus bets when you make your first bet for $5. Plus, your first deposit is matched 20% for up to $1,000 (excluding in MA).
• Ongoing Promotions: DraftKings frequently updates its promotions. Keep an eye on the ‘Promotions’ page for limited-time offers, special odds boosts, and more.

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How to Claim Your DraftKings Promo Code

1. Sign Up: Visit the DraftKings Sportsbook website and click on the “Sign Up” button.
2. Enter Your Information: Fill in your details, including your email and password.
3. Input Promo Code: To claim the DraftKings Sportsbook welcome bonus, you do not need to enter a DraftKings promo code.
4. Make Your First Deposit: Deposit funds into your account to unlock the welcome bonus. Making your first deposit nets you a $50 bonus bet, PLUS, that deposit is matched 20% for up to $1,000. Deposit match is unavailable in MA.
5. Start Betting: Use your bonus bets to explore different sports and betting markets. Just make sure your first bet is for $5 or more in cash. Once this bet is placed, you’ll instantly get $200 in bonus bets. This comes as eight $25 bonus bets.

DraftKings sign-up bonus terms and conditions

Here are all the details you need to know to claim the DraftKings Sportsbook $200 bonus bets welcome offer.

• Bet & Get offer is valid through Mar. 30, 2025
• Minimum deposit: $5
• When you make your first deposit, you will get a $50 bonus bet instantly.
• Then, when you make your first bet for at least $5, you’ll get eight $25 bonus bets instantly.
• Bonus bets are not withdrawable, they must be wagered. If your bonus bets wager wins, you only get the winnings back, not the bonus bet amount.
• Bonus bets must be wagered within 30 days, and profits are immediately available in your withdrawable balance

DraftKings $1,000 deposit match bonus

Another part of the DraftKings welcome bonus is the 20% deposit match for up to $1,000. While the size of this bonus is enticing, the terms and conditions for this portion of the welcome offer are not as exciting. Sorry, new users in Massachusetts are ineligible for this offer.

For starters, you need to deposit $5,000 to have a shot at the full $1,000 bonus. Those bonus funds are not released immediately. Instead, for every $25 in qualifying bets (minimum odds of -300), $1 in bonus funds is released. This means you would need to make $25,000 in qualifying bets to release the full $1,000 in bonus bets.

On the positive side, you do get 90 days to release the bonus funds. Also, you don’t need to release the entire amount. Instead, whatever amount of bonus funds you don’t release, simply expires.

Which DraftKings promo code is best for new users?

With three distinct components, the DraftKings $1,250 welcome bonus gives new players a flexible, easy-to-claim offer with a high ceiling. Register for an account using a link on this page, and you’ll automatically receive a $50 bonus bet with a minimum $5 deposit. Then, with any deposit, DraftKings will match 20% of its value in bonus bets. Finally, make any $5 wager, and you’ll get $200 in bonus bets no matter the outcome.

For beginner and low-stakes players, the best part of this bonus is how easy it is to secure $200 in bonus bets. Even if you leave out the deposit match, you’ll receive $50 automatically upon signing up, plus $200 in bonus bets (paid out as eight $25 bonus bet tokens) when you make your first wager for $5 or more. That’s a return of $200 in bonus bets with a real money investment of just $5.

For players who want to shoot for a bigger bonus, there’s the deposit match bonus, which is good for up to $1,000 in bonus bets. However, keep in mind that you’ll receive only 20% of your initial deposit back as a bonus bet. Therefore, to claim the full $1,000 deposit match bonus, you would need to deposit $5,000. Moreover, there is a 25x playthrough requirement attached to this part of the bonus, meaning you’d need to wager a hefty $25,000 to release the full $1,000 in bonus funds.

To give you an example of how this might look for an average player, you might open your account, claim your $50 sign-up bonus, and then deposit $100 into your account. Your $100 deposit would be matched with $20 in bonus bets, which you could withdraw once you had wagered $500 ($20 x 25). Then, once you make your first $5 wager, you’ll receive $200 in bonus bets.

How does the DraftKings bonus compare to other sign-up offers?

DraftKings sets the bar high with its multi-part $1,250 bonus for new users, but it’s not the only major sportsbook rolling out a big promo this summer. Here are a few of the other offers for new players this month.

• FanDuel Sportsbook (Bet $5, Get [ct id=14 slug=fanduel-sportsbook-bonus]): At FanDuel, new players can bet $5 on any market and get [ct id=14 slug=fanduel-sportsbook-bonus] in bonus bets if their bet wins. No promo code is required, and the minimum deposit is $5. Keep in mind that your $5 bet must win in order for you to receive the [ct id=14 slug=fanduel-sportsbook-bonus] bonus, and there is no minimum odds requirement, so it’s not a bad idea to put your wager on a heavy favorite to maximize your chances of securing the bonus bets.
• BetMGM Sportsbook ([ct id=12 slug=betmgm-sportsbook-bonus] First Bet Bonus): When you register with BetMGM with promo code [ct id=1093 slug=betmgm-sportsbook-code-thelines], you can get up to [ct id=12 slug=betmgm-sportsbook-bonus] back in bonus bets if your first bet with BetMGM loses. Simply sign up, deposit $10 or more, and make any bet. If it loses, you’ll get your stake back in bonus bets. If your bet is for $49 or less, you’ll get one bonus bet back worth the full amount. If your bet is for $50 or more, you’ll get five bonus bets back, each worth 20% of your stake. These bonus bets can be wagered like cash on the BetMGM app, but they aren’t withdrawable and must be wagered within seven days, or they will expire.
• Caesars Sportsbook ([ct id=28 slug=caesars-sportsbook-bonus] First Bet on Caesars): Register for an account using promo code [ct id=1095 slug=caesars-sportsbook-code-thelines], and your first bet at Caesars is covered for up to [ct id=28 slug=caesars-sportsbook-bonus] in bonus bets. You’ll need to sign up for an account, deposit $10 or more, and then make any real money bet for $5 or more. If it loses, you’ll be refunded the amount you wagered as a single bonus bet token. Keep in mind that you can’t withdraw the bonus bet or divide it into smaller wagers, and it will expire if unused after 14 days.

All the bonuses listed above are among the best offers on the market right now, and you may well be tempted to make accounts at all four sportsbooks. That is certainly allowed (assuming in-state availability), but if we were to rank the bonuses, we would put them in the following order:

1. DraftKings Sportsbook
2. BetMGM Sportsbook
3. Caesars Sportsbook
4. FanDuel Sportsbook

Best DraftKings promotions for existing users

DraftKings Sportsbook runs a number of recurring bonuses for its returning customers. Here are a few of the promos you can find when you bet regularly at DraftKings.

• Profit Boost: With profit boost tokens at DraftKings Sportsbook, you get to boost your winnings but a set percentage.
• Insurance Promos: For insurance promotions at DraftKings Sportsbook, you get a bonus bet refund if you qualifying bet loses.
• Stepped-Up Parlays: For stepped-up parlays, the size of your boost increased based on how many legs your parlay has. It takes 10 legs or more to get 100% profit boosts for this specials at DraftKings.

Is DraftKings Sportsbook Right for You?

Who’s it for?

DraftKings is one of the best sportsbooks in the country for all types of bettors. It offers an exceptional mobile betting app and a top betting site, lots of recurring promos, and an extensive range of betting markets. DraftKings also offers live betting and an enormous range of parlay and same-game parlay (SGP/SGPX) options, along with excellent live betting and even daily fantasy sports (DFS).

What stands out?

The DraftKings app is arguably the best in the business, with an average rating of 4.7/5 on the App Store based on over 730,000 reviews. It also has a score of 4.6/5 on the Google Play Store, putting it firmly among the highest rated sports betting apps in the country. For players seeking an above-average mobile betting experience, DraftKings certainly delivers.

What’s missing?

Our biggest complaint after playing with DraftKings is that its bonus terms and conditions can be difficult to meet. When using the deposit match bonus, for example, players are required to play through their bonus funds at a rate of 25 to 1, meaning unlocking the full bonus would necessitate $25,000 worth of wagers. Similarly high rollover requirements can occasionally be found on other DraftKings bonuses, which can be frustrating for players who think they’re getting a better bonus than they are.

How are the odds?

In our experience, DraftKings posts competitive odds. Its spreads, moneylines, totals, and props are all fairly priced and roughly the same as what you’ll find at competitor sportsbooks like FanDuel or BetMGM (i.e., spreads typically a half-point). Keep in mind that no sportsbook will always have the best odds, so it’s a good idea to keep a few active accounts so that you can “shop” for the best odds.

Is the app good?

This is an emphatic “yes.” The DraftKings iOS and Android apps both have immaculate ratings, and it’s not hard to see why. The apps are smooth, functional, and have a sleek and user-friendly design, making them fun to use for beginners and experienced bettors alike. Plus, the dedicated live betting menu is a great perk for players who like betting in-game.

DraftKings banking

DraftKings makes getting money on and off the app a fast and painless process. Deposits are processed instantly and require a reasonable $5 minimum, except for eChecks and cash deposits, for which the minimum is $20. Withdrawals are completed in one to three business days, though mailed checks can take up to a week to arrive. The minimum withdrawal for all methods is $20.

Method	Deposit	Withdrawal
Credit Card	✅	🚫
Debit Card	✅	✅
Online Banking	✅	✅
Skrill	🚫	🚫
PayPal	✅	✅
Play+	✅	✅
eCheck	✅	✅
Wire Transfer	✅	✅
Check by Mail	🚫	✅
Cash at Partner Casino/Retail Sportsbook	✅	✅