DraftKings Promo Code: Bet $5 to Get $150 in Bonus Bets Instantly

With a sleek design, favorable odds, and unlimited betting options, DraftKings Sportsbook is our top-rated sports betting app for 2025. New players who register using the DraftKings promo code BV20 get $150 in bonus bets with any $5+ wager, win or lose. This exclusive promotion is a guaranteed way to make your first bet with DraftKings a winner.

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Bet $5, Get $200 in Bonus Bets Instantly New Bettors Only Promo Code: No Code Required Staff Verified: January 16, 2025
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (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. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).
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Details for Current DraftKings Bonus Offers

DraftKings is offering new sports bettors an amazing bonus — Bet $5, Get $200 in Bonus Bets Instantly | New Bettors Only — for the month of January! 

This offer is available for both the website and the DraftKings mobile betting app. You must be a new user, located in a state where DraftKings operates, making a minimum $10 deposit to take advantage of this offer.  This is easily one of the best DraftKings promo codes we’ve seen in a long time and we’re sure you’re going to love getting your hands on these bonus bets.

DraftKings Sportsbook Promo Code No Code Required
Offer Bet $5, Get $200 in Bonus Bets Instantly | New Bettors Only
Valid Through January 31, 2025
Bonus Verified January 16, 2025 by Chris Lollis
Terms for the Offer Offer valid for new customers only. 18+ for DFS, 21+ for the sportsbook and casino. Limited to one bonus per customer. Minimum $10 deposit.

Current DraftKings Sportsbook Promotions

By now you must have seen a DraftKings commercial on TV, ESPN, or even heard one on SiriusXM radio. They are literally all over the place.

Did you remember to write down the DraftKings promo code from the end of the commercial? Probably not, but that’s why we’re here to help.

Our exclusive bonus offer (Bet $5, Get $200 in Bonus Bets Instantly)is not only the best available DraftKings promotion but is the top new bettor offer in the entire sports betting industry! 

DraftKings has over 20 sports to choose from and almost 50 leagues live between the sportsbook and DFS apps. That’s a lot of options whether you’re a casual player or a high roller!

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Hello Rookie’s Daily Pick for January 19th

Begin your experience at DraftKings on a high note with these odds boosts recommended by our pros.

🔥Sam LaPorta Anytime TD: +130🔥

Good luck and we hope you win big at DraftKings!

Types of Sportsbook Bonus Offers Available at DraftKings

DraftKings offers several different types of promotions for new online sports bettors. 

These typically range from bonus bets to deposit bonus offers. Each type of bonus works differently and has unique terms and conditions. Use the guide below to help you decide what type of bonus is right for you.

DraftKings Deposit Bonus Offers

DraftKings Your Winning Streak Starts Here

Easily the most popular type of promotion from DraftKings is their deposit bonus offers — when they offer them. 

However, sometimes these aren’t just quick deposit bonuses, oftentimes they’re paid out in bonus bets if you place a bet!

The upside is that this is bonus cash to use on DraftKings, the downside is it takes a while to get access to your funds. 

DraftKings currently has a 25x rollover requirement on all bonus funds. For example, if you deposit $1,000 and get a 20% deposit bonus ($200), you’ll need to wager $12,500 before being able to withdraw any of your funds.

The other thing to keep in mind with DraftKings deposit bonuses is that they are only available for new customers. So if you’ve already participated in a previous promotion, you won’t be able to take advantage of these offers.

DraftKings Bonus Bets

Bonus bets from DraftKings are typically equal to the sports bettors’ initial deposit and must be used on your first wager. 

Simply deposit using the bonus code we gave you, add a wager to your bet slip, and click the ‘Use Bonus Bet’ option. Anything you win using your bonus bet is yours to keep. 

So, for example, if you bet $50 and win $100, the $100 is yours to keep. It’s pretty straightforward and a great way to get started with betting on DraftKings.

Do note that bonus bets typically come with a few restrictions. The most common is that you must use your bonus bet within 7 days or it will expire. On top of that, there may be other restrictions such as only being able to use your bonus bet on certain types of wagers.

 Different promotions and bonus bets may have their own unique set of restrictions so check with DraftKings before diving into any promotions.

Odds Boost Offers

Our top DraftKings sportsbook bonus offer will often include an odds boost opportunity. With these promotions, new players will receive a one-time increase payout on their first wager.

DraftKings sportsbook odds boost bonus offers are a great way to build your bankroll. 

For instance, the Ravens may be a -190 favorite over the Buccaneers in a regular-season NFL game. However, DraftKings might offer a boost to bring those odds to -175. It’s not much, but it adds up when you play the boosts.

Speaking of odds.  These are the upcoming NFL games odds at DraftKings. You might be able to find an odds boost on any of these games at any given time. However, they’re already fairly decent.

DraftKings App Ratings and Review

Why We Love DraftKings

There’s plenty to like when it comes to DraftKings. After all, they’re one of the industry leaders in both online sportsbooks and DFS (and the DraftKings casino isn’t too far behind, either).

However, some specific things stand out to us when we look for an online sportsbook—

  • Industry-leading bonuses. DraftKings offers some of the best bonuses in the sports betting industry. Their current bonus offer — Bet $5, Get $200 in Bonus Bets Instantly — for new players is not just a great deal, it’s the top new player offer in the entire industry. Imagine using the DraftKings Sportsbook promo code and winning a million dollars from a bonus entry. It could change your life!
  • Variety of sports and leagues. With nearly 20 sports to choose from and almost 50 leagues live between the sportsbook and DFS apps, DraftKings provides a massive variety of options. Whether you’re a casual player or a high roller, you’ll find something to enjoy.
  • Revolutionizing fantasy sports. DraftKings is changing the way people play fantasy sports. Beyond the traditional season-long leagues, DraftKings offers daily fantasy sports, allowing you to compete daily or weekly. This opens up continuous play opportunities, even when your favorite sport is out of season. They’ve recently introduced their new Pick6 platform which lets you make Pick’Ems as you would on sites like PrizePicks.
  • User-friendly mobile app. The DraftKings mobile app offers a seamless experience for users. From setting your lineup to entering contests, everything is intuitive and efficient. 
  • Daily promo contests. DraftKings is known for its massive selection of promo and bonus contests. These range from weekly freerolls to live finale online sports betting. New promo contests are posted daily, offering exciting opportunities for users to win big.
  • Regular betting promotions. DraftKings regularly announces new sports betting promotions. These promotions, which are available to customers in states that have legalized sports betting, offer yet another way to win.

DraftKings is more than just another sports betting platform. It’s a trailblazer in the sports industry, offering sports bettors a unique, user-friendly, and rewarding approach to daily fantasy sports and betting on sports. With its generous bonuses, wide variety of sports and leagues, innovative format, user-friendly app, and exciting promotions, there are plenty of reasons to love DraftKings.

Answers to DraftKings FAQs

We have worked directly with the DraftKings team for over eight years, and have written weekly articles for nearly every major slate over that time. 

Needless to say, we have gathered a good deal of knowledge over that time. It’s probably also why they trust us to give out their DraftKings promo code to casual and competitive sports bettors.

Below are answers to the questions we receive most often, as well as information we think new sports betting players should be aware of. 

Is DraftKings legal and legit?

DraftKings is legit and operates legally across the US. The sportsbook is licensed in 25 states and the DFS product is legal and regulated in 43 states. As long as you live in one of these states it is legal for you to bet on DraftKings. They maintain compliance with these regulations by regularly updating their software and processes. If you have any concerns about the legitimacy of DraftKings, we encourage you to reach out to their customer support team.

What states is the DraftKings sportsbook available for online sports betting?

DraftKings is available in more states than any other US sportsbook. Mobile and online betting are available through DraftKings in AZ, CO, CT, LA, IL, IN, IA, KS, KY, MA, MI, MD, NC, NH, NJ, NY, OH, OR, PA, TN, VT, VA, VT, WV, and WY.

When will the DraftKings be available in my state?

DraftKings is expanding into new US sports betting markets as quickly as possible. When they begin operating in your state depends on the legal environment and the passing of necessary sports betting legislation. You can always track what states have legalized sports betting by using our interactive map which is updated on a weekly basis with relevant news.

How do I make a deposit on DraftKings?

Making a deposit on DraftKings is a simple, straightforward process no different from making a purchase at any of your favorite online stores. You can fund your DraftKings account with any of the following—

  • Visa
  • MasterCard
  • Discover
  • American Express
  • PayPal

Withdrawal requests are typically made the same way you make your first deposit.

What is the minimum age to bet on the DraftKings sportsbook?

The minimum betting age to place a wager on DraftKings sportsbook is set by the state you are physically located in. Currently, you must be 21 years of age to bet on sports in any US state that has legal sports betting. So if you’re not of legal sports betting age, this Draftkings promo code is not for you.

Is DraftKings or FanDuel Better?

We are constantly asked our opinion on whether FanDuel or DraftKings offers a better sports betting app. Answers will vary based on your own preferences. DraftKings sportsbook offers larger contests and better bonus offers, while FanDuel offers a slightly easier platform for new players. Both FanDuel and DraftKings sportsbook are powered by nearly flawless technology. The DraftKings website and mobile app are as solid as they come. 

What sports can I play on DraftKings?

You can find the usual sports on DraftKings sportsbook. These include favorites such as football, basketball, baseball, and hockey. Additionally, NCAAF, college basketball, PGA, MMA, Soccer, Nascar, Canadian Football, and even eSports are available. There are even some odd sports like Darts and Cornhole.

What promo code do I use for DraftKings sportsbook?

While DraftKings does not require a promo code to get the bonus, we do recommend following our link as that will activate the bonus for you. Sure, you may find another offer from another mobile sports betting site, but our bonus has been tested and proven to work. 

Does DraftKings match your deposit?

Sometimes they do, sometimes they don’t. Their offers and bonuses vary from month to month. The DraftKings team recently announced a new player deposit bonus offer that will run through January! For a limited time, DraftKings will give new players a very handsome bonus — Bet $5, Get $200 in Bonus Bets Instantly!  

How do I receive my deposit bonus?

Your initial deposit bonus gets released into your DraftKings account over a period of time. This is the only way to ensure players do not abuse the deposit bonus policy. People would otherwise only play with deposit bonus funds. This also limits players from abusing the system by creating multiple DraftKings accounts.

How do I receive the bonus entry for using the Hello Rookie DraftKings Promo Code?

All you have to do is register with our DraftKings promo link and make the minimum deposit to receive the best available offer. This includes both DFS and Sports Betting DraftKings products. As of January 2025, users can see what contests DraftKings sportsbook has tickets for right in the lobby. Qualified contests show an orange ticket in the description. Build your lineup and choose to use your ticket instead of money to enter the contest.

Does DraftKings Offer College Football?

Yes, but they’re limited to states that allow college betting. These states include —AZ, CO, CT, IL, IN, IA, KS, LA, MI, NH, NJ, NY, PA, TN, VA, WV, and WY.

Chris Lollis Bio Avatar

Chris Lollis


Chief Content Officer

Chris Lollis is the founder and senior editor at Hello Rookie. He has over a decade of experience in the sports betting industry and has covered everything from the PASPA repeal to every state launch since. Chris currently contributes guides, reviews, and betting tips at Hello Rookie.

The Best DraftKings Bonus Offer
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