DraftKings Promo Code

The best DraftKings bonus offers across DFS, Sportsbook, and Casino – August 2022
DraftKings Sportsbook Promo Code

DraftKings Sportsbook Promo Code Offer

Bet $5, Get $200 Free

DraftKings Sportsbook players that sign up with the promo code BV1 can get $200 in Free Bets when they place a $5 wager on the NFL or college football. DraftKings is our top-rated U.S. sportsbook for 2022.

DraftKings DFS Promo Code Offer

$500 Deposit Bonus

Our current DraftKings DFS bonus offer will provide new fantasy players with a $500 deposit bonus and a free contest entry this August. Use promo code DFSBV.

DraftKings Casino Promo Code Offer

DraftKings Casino Promo Code Offer

$2,000 Bonus + $50 Site Credit

Use the promo code CASINOBV to receive a 100% deposit bonus, up to $2,000 free at DraftKings Casino. Added bonus: get $50 in site credit on signup!

Details for Current DraftKings Bonus Offers

DraftKings is offering new DFS players up to $500 plus a Free contest entry this August. This offer is available for both the website and the app. You must be a new user, located in a state where DraftKings DFS operates, making a minimum $10 deposit to take advantage of this offer.

Our team works directly with EatWatchBet, who has exclusive access to DraftKings promotions that you can’t find anywhere else. This guarantees that our subscribers will always find the top offer, whether they are looking to sign up for sports betting or daily fantasy.

We update these offers every week throughout the year with the latest update coming on August 3, 2022.

Sportsbook Promo CodeBV1
OfferBet $5, Get $200 Free
Offer20% Deposit Bonus, Up to $500
Casino Promo CodeCASINOBV
Offer100% Depsoit Bonus and $50 in Site Credit
Last VerifiedAugust 15, 2022
Offer TermsMinimum deposit $5. Must be 18+ years of age for DFS and 21+ for Sportsbook and Casino.
Updated DraftKings DFS Promo Offer

Current DraftKings DFS Promotions

By now you must have seen a DraftKings commercial on TV, ESPN, or even heard one on SiriusXM radio. You have heard that you can compete in fantasy sports for real money.

Did you remember to write down the promo code from the end of the commercial? Is this the best new player bonus available? We will address all of those concerns on this page.

Our current bonus offer is not only the best available DraftKings promotion but is the top new player offer in the entire daily fantasy industry! The exclusive promo code offer available to our readers will not only provide you with an industry-best bonus but also a free MLB or PGA GPP entry.

New DFS players that register using the coupon code at the top of this page will also receive a free entry that could pay out as much as a $1 million top prize. We have updated this page with the latest details, terms, and conditions attached to our current DraftKings promo code offer.

Daily fantasy sports on DraftKings are revolutionizing the way people play fantasy football, fantasy basketball, fantasy baseball, and even fantasy golf. DraftKings has nearly 20 sports to choose from this August and almost 50 leagues live between the sportsbook and DFS apps.

While competing with friends in fantasy leagues is a blast, what do you do once the season has ended and the only thing going on is Major League Baseball? The DraftKings mobile app offers a real money alternative to the season-long fantasy football we have all grown to love.

DrafKings Promo Contests for 2022 NFL Season

New DraftKings Promo Contests for 2022

One of the best things about playing daily fantasy on DraftKings is their massive selection of promo and free contests. These range from weekly freerolls to live finale contests. New promo contests are posted in the DraftKings lobby every day, so check the promo section of their website regularly.

DraftKings is offering their new players more ways to win free cash beyond just our promo code offer. Users can also benefit from free DFS games. Looking for tips for these GPP contests and some tips on how to get the most out of your first deposit?

Beyond just the DFS promotions, DraftKings is announcing new sports betting promotions on a daily basis. Obviously, these are only available to customers that live in states that have legalized sports betting. Here are three of our favorite ways to play on DraftKings for free this August:

MLB $80K Relay Throw

DraftKings is offering a nightly $80,000 MLB contest. This contest pays out in the top 22% and has a top prize of $20,000. This is one of the largest MLB nightly contests in the daily fantasy sports industry.

This is just another example of how DraftKings players always win more than players on any other app. Not only that, but the entry fee is very affordable at only $15.

PGA Tour $300K Pitch + Putt Contest

Golf DFS has grown by leaps and bounds over the past couple of years. Folks all around the globe are finally realizing that golf can be a fun sport to have some action on! In this contest, DraftKings gives away $300K in prizes with 1st place taking home $100K!

The entry fee of $20 is a little steeper than the MLB contest, but keep in mind that the golf contest lasts for 4 days. Check out the DraftKings website for more contest details and to view the rules and scoring system.

NHL $60K Kick Save Contest

One of our favorite new promo contests at DraftKings is the NHL $60K Kick Save. The Top 991 finishers walk away with cash prizes and first place takes home $20,000. It’s rare to find a good DFS contest for hockey, but DraftKings delivers!

These contests span across a wide variety of sports and games on the DraftKings website and app. This includes the Best Ball product, a Pick’em Contest, betting contests, and, of course, their traditional salary cap fantasy format. Track this page throughout 2022 for more ways to win $1 million+ at DraftKings!

Types of Sportsbook Bonus Offers Available at DraftKings

DraftKings offers several different types of promotions for new sports betting customers. These range from free 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

Easily the most popular type of promotion from DraftKings is their deposit bonus offers. This ranges from our current 20% DFS bonus offer to the current Bet $5 Get $200 offer for the start of the NFL and college football season. The upside is that this is free 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.

DraftKings Free Bets

A free bet from DraftKings is typically equal to your initial deposit and must be used on your first wager. Simply deposit using our bonus code, add a wager to your bet slip, and click the ‘Use Free Bet’ option. Anything you win using your free bet is yours to keep.

DraftKings Risk-Free Bets

A risk-free bet, which is also the current offer from Caesars, essentially just guarantees your first wager cashes. This promotion will only apply to your first bet, which will be refunded in the form of store credit if your first bet loses.

Free DFS Contest Entry

DraftKings offers new players a free contest year-round. During the NFL season, this offer is typically a free Millionaire Maker entry. New users who register this August will receive either an MLB or PGA entry when they register using this bonus code.

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 odds boost bonus offers are a great way to build your bankroll. For instance, the New York Yankees may be a huge -400 favorite over the Baltimore Orioles in a regular-season MLB game. Bet $5 on the Yanks, forget about the -400 moneyline, and cash $150 if they win.

DraftKings App Ratings and Review

Answers to DraftKings FAQs

We have worked directly with the DraftKings team for over six years, and have written weekly articles for nearly every NFL slate over that time. Needless to say, we have gathered a good deal of knowledge over that time.

Below are answers to the questions we receive most often, as well as information we think new players should be aware of. This includes details for their current promo code offers, plans for new products, and requirements for using the various DraftKings apps.

Is DraftKings legal and legit?

DraftKings is legit and operates legally across the US. The sportsbook is licensed in 15 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.

The sportsbook and fantasy sports products are heavily regulated to ensure they are fair to players. DraftKings also enforces entry limit rules on all contests and bans players from owning more than one account to ensure all fantasy contests are legit.

What states is the DraftKings sportsbook available?

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

With a betting market that spans 15 US states, DraftKings joins FanDuel and BetMGM as the only US sportsbooks offering online sports betting in 10 or more states. Additionally, we expect the sportsbook to launch in as many as five more states by the time the 2022 NFL regular season rolls around in September.

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 Visa, MasterCard, Discover, American Express, and PayPal. Withdrawal requests are typically made the same way you make your first deposit.

As is the case with any DFS platform or US-based sportsbook, eligibility restrictions apply. You must live in a state that DraftKings currently operates in.

Is it easy to win on DraftKings fantasy?

Everyone who competes in daily fantasy sports thinks that they are an expert. The games are challenging enough to be enjoyable, but also very winnable. This is why DFS is widely considered to be a game of skill.

If you’re new to DFS, you can always create an account and play for free to start with. In fact, you should only enter free contests until you are ready to play with money on the line.

Get your legs under you before taking the plunge into the biggest events. There are no gifts in life. Everything that is good is worth working for. Do your homework and put yourself in a position to win.

While winning may not be a cakewalk, DraftKings does a great job of keeping you in the game. DraftKings players get access to more benefits than any other DFS site. This includes benefits like DK Dollars, which can be used to enter contests, and player rewards, which can be used to grab free gear.

If you are looking to avoid sharks and improve your odds, check out the DraftKings Sportsbook. Obviously, sports betting allows you to choose the odds and payout, and it is always simply you vs the sportsbook.

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

The minimum betting age to place a wager on DraftKings 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.

Is DraftKings or FanDuel Better?

We are constantly asked our opinion on whether FanDuel or DraftKings offers a better fantasy and sports betting app. Answers will vary based on your own preferences. DraftKings offers larger contests and better bonus offers, while FanDuel offers a slightly easier platform for new players.

Both FanDuel and DraftKings are powered by nearly flawless technology. The DraftKings website and mobile app are as solid as they come. They offer the top promotions in the daily fantasy sports industry. This includes the largest guaranteed prize pool contests in the business, including the only $1 million GPP contest with only a $5 entry fee!

What sports can I play on DraftKings?

You can find the usual fantasy sports on DraftKings. These include favorites such as fantasy football, basketball, baseball, and hockey. Additionally, college football, college basketball, PGA, MMA, Soccer, Nascar, Canadian Football, and even eSports are available.

Not only is there variety, but there are massive tournaments in each sport. DraftKings already has many PGA Millionaire Maker tournaments. They offer massive tournaments, unlike any other DFS platform in the market.

Whether you are into fantasy football, fantasy basketball, or fantasy baseball, the fantasy experience is just so much better when $1 million is on the line.

Does DraftKings match your deposit?

The DraftKings team recently announced a new player deposit bonus offer that will run through September 19! For a limited time, DraftKings will give new players $200 in Free Bets after making a $5 wager on the NFL or college football ! Use promo code BV1. This is a great way to grow your bankroll before football season.

Note that restrictions do apply and the bonus is paid in DK Dollars that can be used to enter any of their paid fantasy contests. If you receive a guaranteed first bet bonus, the refund is only eligible on your first bet and cannot be applied to future bets.

How do I receive my deposit bonus?

Your deposit bonus gets released into your 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 accounts.

The fact that the bonus gets released over time ensures you have every opportunity to win. New users should always play smart and manage their bankroll to make the most out of their DraftKings deposit bonus.

Does DraftKings offer a no-deposit bonus code promotion?

While sportsbooks like Unibet are currently offering new players the option to try their product for free with a no deposit bonus, DraftKings does not have a no-deposit promotion available this August.

This is in part due to the dominant market share and brand recognition DraftKings has already established in the US.

What is the rollover requirement when DraftKings does offer a new player deposit bonus?

The first thing to note here is that playthrough and rollover requirements exist on all daily fantasy and sports betting websites. In fact, the rate of release for deposit funds is the same on all daily fantasy sports sites.

Check out the DraftKings terms of use for more information. It is also worth noting the rollover requirement is different for the DraftKings online sportsbook. Most sports betting companies in the US have moved to a low (2x-3x) rollover rate as of August 1, 2022.

The rate on DraftKings is $4 for every $100 in entry fees. So if your total bonus amount is $500, then you will need to enter $12,500 worth of contests to be eligible to receive the full bonus.

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

All you have to do is register with our code and make the minimum deposit to receive the best available offer. This includes both DFS and Sports Betting DraftKings products.

As of August 2022, users can see what contests they have 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, after removing college football for the 2016 and 2017 seasons, DraftKings added it back at the start of the 2018 season. Whether or not you can enter a DraftKings college football paid contest will depend on the state you are playing in. Certain states, including New York, have banned fantasy college sports.

Because college football is not available to all DraftKings users, the prize pools for these fantasy contests are not quite as large as what you’d find with the NFL. Of course, CFB is wildly popular in the sports betting community and the DraftKings sportsbook offers some great options for fans.

We recommend that you check out our latest college football content if you are interested in getting started with college football. It is also worth noting that our current DraftKings bonus code can be saved and redeemed on NFL and CFB contests this fall.

What should I do if I think I have a gambling problem?

If you or someone you know has a gambling problem there are several resources at your disposal. We strongly recommend calling 1 800 GAMBLER or visiting the 1 800 Gambler website. Even if you are simply concerned that a family member has a gambling problem, we recommend talking to someone about it and 1 800 GAMBLER is our recommended place to start.

DraftKings Review and Offer Rating

Review and Rating for Current DraftKings Promotions

As a leader in both DFS and sports betting, DraftKings is constantly improving its available promotions and bonus offers. While their current new player bonus isn’t very lucrative, it’s very common for sportsbooks to scale back their bonuses when football season ends. As we approach September, look for DraftKings to increase their bonus offer.

It is important to remember that DraftKings does not need to be this aggressive with its promotional offers. They offer the largest prize pools in the industry, fantasy contests across 18 different sports, and have the fastest growing online sportsbook in the United States.

One last note, eligibility restrictions apply across all platforms and this rating accounts for those restrictions. This includes which of the US states the DraftKings sportsbook currently operates in compared with its top competitors, and the variety of promotions they offer for each state.

The review below compares our current DraftKings offer to those top competitor FanDuel, as well as up-and-coming DFS apps like Betcha and PrizePicks.

We have repeatedly referred to the current DraftKings promo offer as the best in the industry, so why does it not have a perfect rating? This is because they have offered a slightly better new player bonus before, and they would have to match or exceed that offer to receive a perfect score.

ReviewCurrent DraftKings Promo Code Offers
DetailsDraftKings offers more promotions than any other company in the US fantasy and sports betting market. New fantasy players can lock in a $500 deposit bonus plus a free contest entry this August. New sportsbook players can Bet $5 on the NFL or college football to Win $200 in Free Bets. Additionally, DraftKings offers more free contests and player rewards than almost all of its competitors. Combine these bonus opportunities with an industry-best app with great odds and the highest payouts in the DFS industry, and DraftKings is an easy pick for sports fans.
AuthorChris Lollis
Rating4.9 (out of 5)