DraftKings Kentucky Promo Code: Bet $5, Get $150 in bonus bets + A No Sweat SGP Every Day

Reviewed By Ziv Chen

Last Updated: Nov 14th, 2023

Governor Andy Beshear has signed HB 551, paving the way for legal sports betting in Kentucky. 9 Kentucky sportsbooks have confirmed their launch, and DraftKings is one of those now live as of September 28, 2023. Check out our guide for details on bonuses and features that DraftKings will offer to Kentucky residents.

DraftKings Sportsbook KY Promo Code & Upcoming Bonus Overview

DraftKings will offer one of the best Kentucky sportsbook promos available. They feature a Bet $5, Get $150 in bonus bets + A No Sweat SGP Every Day. You don't need a promo code to access this offer.

DraftKings Online Sportsbook Launch in Kentucky?

Governor Andy Beshear legalized sports betting in Kentucky by signing HB 551 in March 2023. The bill mandates that sports betting must go live in the state before December 28, 2023. However, the actual launch date for mobile betting apps was September 28, 2023.

Kentucky offered up to 27 online sports betting licenses. DraftKings, one of the largest sportsbooks in the U.S., will be among the licensed operators available to Kentucky residents from the day of the official launch.

DraftKings Sportsbook KY - Sports Betting Laws and Bills Timeline

• May 14, 2018: The Professional and Amateur Sports Protection Act of 1992 (PASPA) is overturned by the US Supreme Court. This means that individual US states can determine the legality of sports betting in each state.
• April 1, 2019: The first attempt is made to legalize Kentucky sports betting. HB 175 is put forward in the House, with the proposed bill looking to legalize sports betting, Daily Fantasy Sports (DFS), and online poker. Kentucky online casinos are not included in the bill, which does not pass the House.
• January 8, 2020: Representative Adam Koenig puts forward HB 137, a sports betting bill allowing for retail sportsbooks and online sports betting. The bill is poorly received as it includes a ban on in-state college betting. This clause is swiftly removed.
• April 20, 2020: The worldwide Covid-19 pandemic curtails any momentum HB 137 has gained.
• April 8, 2021: Three different sports betting bills are proposed, all of which would legalize online sportsbook and retail sportsbook betting in Kentucky. Despite evident traction, none of these bills pass the House.
• March 16, 2022: HB 606 is the first betting bill to pass the Kentucky House. However, the bill stalls at the Senate level, and no further progress is made.
• March 8, 2023: Representative Michael Meredith puts forward HB 551. The bill proposes three online sports betting licenses to each of the nine horse racing tracks in the state. The bill also proposes up to nine retail sportsbook locations. HB 551 passes both the House and Senate, meaning Kentucky sports betting is coming.
• July 28, 2023: Lawmakers in Kentucky declare that sports betting must be legal in the Bluegrass State before December 28, 2023. DraftKings Sportsbook is expected to be available when the market launches.
• August 22, 2023: The Kentucky Horse Racing Commission disclosed a list of partnerships between horse tracks and sports betting operators in the state. DraftKings has formed a partnership with Cumberland Run and its satellite location for both retail and mobile sports betting.
• August 28, 2023: DraftKings is now accepting pre-registrations for mobile sports betting in Kentucky, ahead of the official launch on September 28. 
• September 28,2023: DraftKings is now live! Click here to get the welcome offer of Bet $5, Get $150 in bonus bets + A No Sweat SGP Every Day.

DraftKings Kentucky Bonus Code

Get ready for mobile sports betting in Kentucky with DraftKings' exclusive early sign-up offer. As Kentucky launched the official sports betting era on September 28, 2023, DraftKings is offering a special deal you won't want to miss. Register now and score bonus bets! No promo code is needed to claim this offer.This is an incredible opportunity to start your sports betting journey with one of the leading sportsbooks in America.

What is a Bonus Code?

When you enter a promo code, you can unlock a unique bonus if you follow the terms and conditions, like making a minimum deposit. Online sportsbook companies use a bonus code to reward players with exclusive rewards like bonus bets.

Sportsbooks use promo codes when entering a new market to attract new players, as competition for customers is fierce. As such, expect to see lots of promo codes available in Kentucky. We'll only list the best DraftKings Kentucky promo code here.

All you need to know about the DraftKings Kentucky Welcome Bonus 

DraftKings Sportsbook Kentucky offers a Bet $5, Get $150 bonus when you sign up with the betting site. If you place a qualifying $5 bet, DraftKings Sportsbook will give you $150 in bonus bets on top of any cash winnings. You won’t need to deposit extra, as $5 is the minimum deposit limit at DraftKings.

Also, you won’t need a DraftKings Sportsbook KY promo code. Simply follow the links on this page to claim the DraftKings Kentucky welcome bonus today! To be eligible for this promotional offer, you must be a new DraftKings customer.

How to Claim DraftKings Kentucky Bonus Code 

It is easy to claim your DraftKings Kentucky promo code if our experience in other states is anything to go by. We show the most up-to-date bonus information here, so come back to this page when sports betting goes live, and we'll have the current DraftKings Kentucky promo code waiting for you.

1. ✅ Click any DraftKings link on this page or Claim HERE
2. ✅ Register providing requested personal information.
3. ✅ Enter the DraftKings Kentucky promo code when prompted, and the welcome bonus will be waiting for you.

DraftKings Sportsbook Kentucky Bonus Terms and conditions

There aren't many restrictions to getting access to the DraftKings welcome bonus. The following bullet points should cover any questions you may have regarding this welcome offer.

• Your first deposit must be $10 or more
• The first bet placed must be a pregame bet
• Bonus bet credits received must be used within seven days of receipt

DraftKings KY Sportsbook Bonus types

Kentucky sports betting will launch in September 2023 and bring many online sportsbooks with welcome bonus offers. Online sportsbook companies can offer bigger bonuses than retail sports betting counterparts, and we expect sports bettors in Kentucky to have the following bonus types to enjoy.

• Welcome Bonus

  A welcome bonus is a promo exclusively available to new DraftKings Kentucky players. Sign up for an account using our DraftKings Kentucky promo code, and you'll receive bonus bet credits when you place a first bet of just $5.

• Bonus Bets

  With a bonus bets offer, you have the chance to place bets without risking your own money. One of the best bonus bets offers is the DraftKings Kentucky promo code promotion you can claim when you sign up.

• Event specific promotions

  DraftKings offer special odds for specific major events, such as golf and tennis majors. You can claim most of these odds boosts for free just by betting on the betting line you want.

• Refer a Friend

  Refer a friend to DraftKings Kentucky, and both you and your friend can earn up to $100 in bonus bet credits once your friend has made a qualifying deposit of $25 or more. Your friend will need to use your exclusive DraftKings Sportsbook Kentucky link.

• Same Game Parlay Boost

  Same game parlays have exploded in popularity in recent years, and DraftKings has contributed to this craze with same game parlay boosts. Place a same game parlay of four legs or more and see your odds boosted by up to 100%.

DraftKings Sportsbook KY Review Summary

DraftKings KY Sportsbook Top Features:

• ✅ Live stream major league sports
• ✅ DraftKings Social betting
• ✅ Free-to-play sports pools
• ✅ One wallet for sports betting, DFS, and horse racing

Pros & Cons

DraftKings Kentucky Sportsbook In-depth

• Betting and User Experience

  There are several reasons why DraftKings is one of the most popular online sportsbook options in the US, and at the forefront is the quality of the user experience. Kentucky sports betting novices can get to grips with the DraftKings Sportsbook app in minutes, which is impressive given that there are literally thousands of markets to bet on.

• Live Betting

  In-play betting is available on DraftKings Sportsbook for all the most popular sports, and the responsive app and desktop site refresh at lightning speed to give the latest odds. DraftKings Sportsbook also offers live streams of some sports, allowing you to place bets while watching the action.

• Welcome Offer

  The DraftKings Kentucky promo code is expected to offer the best sign up bonus for new bettors in Kentucky. Details of this offer are to be finalized, but it is likely that you'll be able to get bonus bets when you place your first bet of just $5. To access this welcome offer, click a link on this page and use the DraftKings Kentucky promo code.

• Ongoing Bonuses

  DraftKings are famed for the range of ongoing bonuses available in other sports betting states. Odds boosts and bonus bets are frequently provided, and free-to-play sportsbook pools are very popular, where you can win cash prizes if you finish near the top of the leaderboard.

• DraftKings Sports Betting App

  Few sports betting apps in the sports betting industry perform as well as the DraftKings mobile app. This is reflected in the Apple App Store and Google Play Store scores, where DraftKings scores 4.8 and 4.7, respectively. The app loads quickly and is easy to use. If you've not used a betting app before, you'll be amazed at how easy mobile sports betting is with the DraftKings app.

• Rewards Scheme

  DraftKings rewards program is known as Dynasty Rewards. Dynasty Rewards award Crowns and Tier Credits. Tier credits help you level up tiers, while you can use Crowns for bonus bets and perks such as merchandise and tickets. You can earn Dynasty Rewards with every sports bet and every Daily Fantasy Sports tournament you enter.

DraftKings Sportsbook App Kentucky

You can download the DraftKings sports betting app for iOS and Android in Kentucky, allowing you to bring all of DraftKings’ markets on the move. With features like DraftKings Social, free-to-play pools, and mobile exclusive live streaming, DraftKings has established its app as one of the best in the business. You’ll struggle to find other Kentucky betting apps which run as quickly and give you access to as many features. It may be harder to learn for beginners than an app like FanDuel, but it is still one of the top KY betting platforms.

How to download the DraftKings sportsbook app on Android

1. ✅ Head to the Google Play Store on your device.
2. ✅ Search for “DraftKings” and find the DraftKings sports betting app, “DraftKings Sportsbook & Casino”.
3. ✅ Select “Install”. The app should take no longer than a couple of minutes to download.
4. ✅ Once the DraftKings sports betting app has been downloaded, you can log in to your account and begin placing your bets!

How to download the DraftKings sportsbook app on iOS

1. ✅ Go to the Apple App Store on your iOS device, and search “DraftKings”.
2. ✅ Select the “DraftKings Sportsbook & Casino”.
3. ✅ Press “Get” to download the app to your device. The DraftKings sports betting app is free of charge.
4. ✅ The app should be ready within a couple of minutes, after which you can log in to your account and start playing

How do Android users rate the DraftKings App

• Android Rating: 4.6/5

How do iOS users rate the DraftKings App

• iOS Rating: 4.8/5

Desktop Vs App Vs Mobile Site 

DraftKings Sportsbook Kentucky is available via its mobile app, or its HTML5 optimized site on desktop and mobile. While all platforms use similar navigation, we found it was easier to play on the desktop platform, with the layout suiting a larger screen. 

However, playing on the mobile app has many benefits compared to the desktop or mobile site. The DraftKings sports betting app is the only platform that lets you access DraftKings’ live streaming and is also well integrated with the DraftKings Social feature. So while navigation may be more straightforward on a desktop, we recommend the mobile app for its extra features. 

Rating the software at DraftKings Sportsbook

DraftKings Sportsbook is powered by SBTech, a rapidly growing software provider for sports betting sites. Some user reviews suggest that the DraftKings app is slightly slow, but we think both the desktop and mobile sites run smoothly.

DraftKings’ software guarantees the seamless operation of Daily Fantasy Sports (DFS) contests, live streaming, and real-time game update features alongside its sports betting.

Banking Options for DraftKings KY Betting

DraftKings offers a range of payment options that you'd expect from a large multi-billion dollar company. Deposits can be made instantly via debit or credit card, e-wallet, online banking, and prepaid cards. You can make withdrawals through the same payment options, except for debit and credit cards. Withdrawals are processed to your preferred option in 1-5 working days.

• Deposit Methods: MasterCard, Visa, ACH, PayPal, Play+, Online Banking
• Withdrawal Methods + days: ACH (2-5 days), PayPal (1 day), Play+ (1 day), Online Banking (1-5 days)

How to Make a Deposit

1. ⭐ Log in to DraftKings Sportsbook Kentucky.
2. ⭐ Head to the lobby homepage and select “Deposit” from the top of the page.
3. ⭐ Select your preferred payment method, and provide the details to add the option to your account.
4. ⭐ Enter how much you’d like to deposit.
5. ⭐ Confirm the payment and your funds should be available in your account immediately!

How to Make a Withdrawal

1. ⭐ Log in to your DraftKings Sportsbook account.
2. ⭐ Head to your account dashboard, and select “Withdraw”. You may need to verify your identity to continue if you haven’t done so already.
3. ⭐ Choose your withdrawal method. If your previous deposit method was only available for deposits, you may need to add a new payment option to your account. 
4. ⭐ Enter the amount you want to withdraw and confirm the transaction. Your withdrawal will hit your account in two to five days, depending on your chosen payment provider. 

Most Popular Payment Related Queries

How long does DraftKings withdrawal take to reach your account?

• DraftKings process withdrawal requests daily, so your request should be approved the same day. The rest depends on your payment provider. Withdrawals take up to one day with debit cards, but online banking withdrawals can take up to five business days.

Can you use Paypal on DraftKings?

• Yes, DraftKings accepts PayPal for both deposits and withdrawals. PayPal is a super secure option that doesn’t require bettors to enter their card details directly into the site.

Does DraftKings match your first deposit?

• No, DraftKings does not match your first deposit. However, the betting site will give you Bet $5, Get $150 in bonus bets + A No Sweat SGP Every Day

What Sports and Kentucky sports teams will I be able to bet on at DraftKings Sportsbook Kentucky?

DraftKings offer Kentucky sports bettors a considerable range of sports to bet on, including professional and college sports. We've highlighted sports that will be most popular when DraftKings Kentucky launches.

Horse Racing and Kentucky Derby Betting

The Kentucky Derby is the best-known sporting event in Kentucky, but there is much more horse racing available in the Bluegrass State. There are nine horse racing tracks in Kentucky, and it is expected that you'll be able to bet on the Kentucky Derby and other horse races using DK Horse, the DraftKings horse racing app.

NFL

The NFL is the most popular sport to bet on in the US, and this will prove to be the same in Kentucky. NFL fans in Kentucky typically root for the Indianapolis Colts, Cincinnati Bengals, or the Tennessee Titans. DraftKings will offer odds boosts on different betting markets for these teams, including moneylines and prop bets.

NBA 

NBA loyalties in Kentucky are split between the Cleveland Cavaliers and the New Orleans Pelicans. DraftKings Kentucky will offer many different NBA bets, including totals, point spreads, and futures bets. Same game parlays for NBA are very popular bets in other states, with DraftKings often offering odds boosts.

MLB 

DraftKings Kentucky will offer different odds boosts for MLB teams, including the Cincinnati Reds, the most popular MLB team in the state. Moneyline, spreads, totals, and more bet types can be placed via DraftKings online sportsbook or in retail sports betting locations in the state.

NHL 

Kentucky fans favor the Nashville Predators, and DraftKings Kentucky will acknowledge this by offering promotions for the Tennessee-based team. Boosted odds will also be available for other NHL teams.

Other Sports and E-Sports

There are no major league sports in Kentucky, but many events are still based in the Bluegrass State. The University of Kentucky Wildcats receive fanatical support across the state, which is excellent for bettors as Kentucky is one of the few betting states that has no college sports betting restrictions. World-class motorsports events are held at Kentucky Speedway, and you can even enjoy eSports betting.

DraftKings Kentucky most popular bet types

One of the benefits of online sports betting is the ease of access to a huge variety of markets, bet types, and sports gambling options. Every sport has hundreds of bet options available, and our experts have listed the most popular bet types offered by sportsbook operators in Kentucky.

• Moneyline – A bet placed on the team or player that you think will win the game.
• Spreads – DraftKings Kentucky will apply a handicap to the favorite and an advantage to the underdog. A spread bet is a wager on which team will win after factoring in these imaginary adjustments.
• Totals – Also called over/under bets, totals see DraftKings Kentucky predict the final score total across both teams. Your total bet sees you wager on whether the final score is above or below the expected score.
• Parlays – A parlay bet consists of multiple different bets, also known as legs. You win your parlay bet if every leg wins. DraftKings offers same game parlays where you can add numerous legs from the same event into one wager.
• Live Bets – A feature that allows you to wager while a game is being played. Odds frequently change during the game.
• Futures – A bet on a significant event that concludes in the future. For example, who will win the World Series or the NFL MVP award?
• Prop Bets – A wager on the statistical performance of a team or player unrelated to the final score of an event. For example, how many passing yards will the Tennessee Titans achieve in a game?

DraftKings KY Sportsbook vs. Other Sportsbooks in Kentucky

The Kentucky sports betting market will be highly competitive, with up to 27 online sportsbooks able to offer sports betting. This is great news for Kentucky sports bettors as many highly rated online sports betting sites will offer large sign up bonuses and promotions.

DraftKings is one of the best sports betting companies, but other excellent options are available. BetMGM and Caesars Sportsbook have also built a nationwide reputation as excellent sportsbooks worth your consideration. DraftKings usually offers the best welcome bonus for low-rollers and new bettors, while Caesars is known for providing one of the biggest welcome bonus offers in the US. BetMGM offers great sportsbook features, including excellent live betting facilities and live streaming.

All three sportsbooks are expected to have great Kentucky betting apps that make betting on the go easy, and all offer rewards programs that give back bonus bets and more to you, with reward points earned for every bet. The DraftKings loyalty program is a little less generous than what's available with the other two betting sites.

DraftKings Sportsbook vs Caesars Sportsbook vs Hard Rock Sportsbook

Scoring System:

⭐ = Basic betting experience 
⭐⭐ = Below average betting experience

⭐⭐⭐ = Standard betting experience

⭐⭐⭐⭐ = Great Betting experience

⭐⭐⭐⭐⭐ = Exceptional betting experience. 

Comparison Summary: 

• DraftKings Sportsbook Kentucky: Earning an average of 4.4/5, DraftKings Sportsbook Kentucky caught our attention with its super generous welcome bonus that allows new customers to try out a lot of betting features without risking much of their own money.
• Caesars Sportsbook Kentucky: The Caesars Rewards program is one of the best loyalty programs in the US, allowing you to earn points every time you bet and use your points to claim online and real-life prizes. 
• Hard Rock Sportsbook Kentucky: One of the outstanding features of Hard Rock Sportsbook is its slick desktop and mobile platforms. All these layouts are easy to navigate and aren’t too overcrowded.

Do you have to pay taxes on any winnings at DraftKings Kentucky Sportsbook

Kentucky sports bettors have to pay taxes on sports betting winnings. If you win over $600, you must complete a W-2G form, and all winnings must be declared to the IRS. Kentucky taxes must also be paid at state level on sports winnings, with state tax applied at a flat rate of 5%.

Security & Support for DraftKings Sports Betting in KY

DraftKings Kentucky prioritizes a high-security standard, employing several measures to safeguard its customers. Users must verify their identity, which helps prevent fraud. DraftKings also utilizes encryption technology to safeguard user data and adheres to legal requirements in each location where it operates, including Kentucky. Finally, you should be able to contact customer support easily, as the team is available 24/7 via live chat.

• FAQs
• 24/7 Live Chat

Responsible Betting at DraftKings Kentucky

DraftKings has several responsible gambling tools to help keep Kentucky sports betting safe and enjoyable. Sports bettors can set deposit, wagering, and time limits to help combat problem gambling. The Kentucky Horse Racing Commission regulates Kentucky sports betting, and you can participate in a state-wide self-exclusion program to exclude yourself from all gambling activities in the state.

DraftKings Sportsbook Kentucky: Final Verdict

Kentucky sports bettors are right to get excited about the prospect of one of the best US sportsbooks going live in the Bluegrass State. DraftKings Kentucky offer a generous welcome bonus perfect for new bettors learning how to bet. DraftKings also offers an extensive range of sports and betting markets, so you'll be sure to find the bet type you want.

The DraftKings app lets you stream and bet on live sports, and the odds are updated quickly. Placing a bet is easy even if you are a novice, and the continually refreshed promotions keep things interesting. We recommend you bookmark this page so that when sports betting goes live, you'll be in the perfect place to get the best welcome bonus from DraftKings Kentucky.

FAQ's

What states can you use DraftKings Sportsbook?

DraftKings Sportsbook is available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington (limited to tribal land), West Virginia, and Wyoming. Now it's also available in Kentucky.

Can I have multiple DraftKings Kentucky accounts?

No, you can only have one DraftKings Kentucky account. You can sign up with different betting sites and obtain a welcome bonus from each Kentucky sportsbook.