DraftKings Bonus Code: Bet $5, Get $200 in Bonus Bets (Aug. 24)
Bet $5. Get $200 in bonus bets, paid out over 21 days.
New DraftKings Sportsbook customers who place a qualifying bet of $5 or more will earn up to $200 in bonus bets, no promo code required. DraftKings does not hand it all over at once, though: the $200 comes as eight separate $25 bonus bets, released two at a time every seven days over a three-week stretch.
Read our full DraftKings Sportsbook review for more on what the app offers beyond this welcome bonus.
DraftKings Sportsbook Sign-Up Offer at a Glance
| Detail | What You Need to Know |
|---|---|
| Offer | Bet $5, Get $200 in Bonus Bets |
| Promo code | None needed: new customers qualify automatically |
| Eligible jurisdictions | AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NH, NY, OH, OR, PA, TN, VA, VT, WY |
| Minimum age | 21+ (18+ in DC, NH, WY) |
| Minimum bet | $5 |
| Reward | $200 total, paid as 8 x $25 bonus bets |
| Promotion window | Now through Sept. 20, 2026, at 11:59 PM ET |
| Payout schedule | 2 x $25 bonus bets released via click-to-claim every 7 days, over 21 days total |
| Bonus bet expiration | 7 days (168 hours) from the date each bonus bet is issued |
This reward comes as bonus bets, not cash. If a bet placed with a bonus bet wins, the stake itself is removed from your payout, so you only receive the winnings portion in cash.
How to Claim the DraftKings Sportsbook Bonus
- Click the link below, and sign up for a new DraftKings Sportsbook account.
- Verify your identity and confirm you are physically located in an eligible jurisdiction.
- Deposit at least $10 into your account.
- Place a qualifying bet of $5 or more on any available market.
- Return every 7 days over the following three weeks to click and claim each new pair of $25 bonus bets before they expire.
DraftKings Sportsbook Promo: Key Restrictions
- Limited to one redemption per new DraftKings customer.
- The full $200 is issued only if you keep logging in to claim each 2 x $25 allotment on schedule; nothing is automatically added to your account beyond the first release.
- Each $25 bonus bet expires just 7 days (168 hours) after it is issued, so unused bets disappear quickly if you do not use them.
- Bonus bet stakes are removed from any winning payout: you keep only the winnings, not the original bonus bet amount.
- Minimum age varies by location: 21+ in most eligible states, but 18+ in DC, New Hampshire, Puerto Rico, and Wyoming.
- Puerto Rico requires actual residency to qualify, unlike the rest of the eligible jurisdictions, where physical presence at the time of betting is enough.
What to Bet on With Your DraftKings Bonus
College football's regular season opens August 28, and the US Open begins August 30, both falling in the very first week of this three-week offer, giving new users a full sports calendar to use their first bonus bets on before the next allotment lands.
Betting Responsibly with DraftKings
DraftKings Sportsbook is licensed to operate in each of its eligible states and provinces, and offers responsible gambling tools including deposit limits, time-outs, and self-exclusion.
If gambling stops being fun, help is available: call or text 1-800-GAMBLER in most eligible states; call or text 1-800-NEXT-STEP, or text NEXTSTEP to 53342, in Arizona; and see DraftKings' responsible gaming page for state-specific helplines.
Must meet the minimum age for your jurisdiction and be physically present in an eligible state or province (Puerto Rico requires residency).
Gambling problem? Call 1-800-GAMBLER.
FAQs
Do I need a DraftKings promo code for this offer?
No promo code is required to take part in this offer. As long as you're a brand-new DraftKings Sportsbook customer and place a qualifying bet of $5 or more sometime before the promotion ends on September 20, 2026, your bonus bet schedule begins automatically without needing to enter anything at sign-up.
Does my qualifying bet need to win?
No, your qualifying bet doesn't have to actually win. Simply placing a real-money bet of $5 or more on DraftKings Sportsbook is what triggers the bonus bet schedule, regardless of the outcome. Whether that first bet wins or loses, you're still on track to receive the full $200 in bonus bets over 21 days.
What happens if I forget to claim an allotment?
Each pair of $25 bonus bets must be claimed within its own window before the next pair becomes available, and each bonus bet then expires 7 days after it is issued. Missing a claim forfeits that portion of the $200, as it is not rolled over or reissued.
How is the $200 actually paid out?
The $200 is paid out as eight separate $25 bonus bets rather than a single lump sum. DraftKings releases them two at a time via click-to-claim links every 7 days, spread across a 21-day period after your qualifying bet.
Is this offer available in my state?
This offer is live across a broad list of US states. Check the eligibility table above for the full list.
With the exception of Puerto Rico, which requires actual residency, every other jurisdiction only requires you to be physically present at the time you sign up and place your bet.
Refer to Cashback Terms & Conditions for full program terms.
