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LIMITED-TIME WELCOME OFFER

DraftKings Promo Code: Bet $5 to Get $200 in Bonus Bets If Your Bet Wins

Use code at sign-up. New customers, eligible states only.

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BV1
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21+ and physically present in an eligible state. Gambling problem? Call 1-800-GAMBLER. New customers only. Terms apply.

The offer, briefly

Bet $5+ Get $200. In Bonus Bets Instantly.

Promo Code BV1
Promo Offer Bet $5, Get $200 in Bonus Bets Instantly
Expiration Date July 19, 2026
Offer Terms 21+. New players only. One offer per household. Bonus paid as $25 bonus bets that expire 7 day after issuance. Terms and conditions apply.
Available States AZ, CO, CT, IL, IN, IA, KS, KY, MA, MI, NH, NJ, NY, OH, PA, TN, VA, WV, WY

Claim in 4 steps

1
Click claim offer and register your new account.
2
Use promo code BV1 on signup.
3
Place a $5 wager to receive eight (8) $25 bonus bets.
4
Use bonus bets within first 7 days of issuance.

DraftKings is offering new sports bettors an amazing bonus — Bet $5+ Get $200 | In Bonus Bets Instantly — this offer is valid through March 8, 2026! 

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.

By now you must have seen a DraftKings commercial on TV, ESPN, or even heard one on your favorite podcast. 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)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 and 50 leagues live between the sportsbook and DFS apps. They offer live betting and plenty of same game parlay options for every major sport. Whether you’re a casual player or a high roller, that is a lot of betting options!

DraftKings Sports Logos

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 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.

DraftKings Deposit Bonus Offers

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 King of the Court Promo for 2026

Daily Promos at DraftKings Sportsbook

One of the many benefits to being a DraftKings Sportsbook customer are the daily promotions that can be found in the app and on the website. These promotions include boosted payouts, mystery promotions, sponsored freerolls, and weekly contests. These promotions are a great way to build your bankroll on the house.

Profit Boosts

By far the most common promotion DraftKings offers are the daily profit boosts. With this promo, DraftKings will boost your winnings on a specific type of bet.

For example, at the time of writing this, DraftKings is offering a 20% PGA profit boost that will increase your payout on any ‘Top X Finish’ parlay. Parlay 2 or more golfers to finish in the top X and DK will boost your winnings by 20%.

The availability of these offers ranges, but on any given day there may be 5+ profit boosts available across a variety of sports. These offers do require you to opt in, so be sure to check out the promos page daily to never miss out on a boost.

Weekly In-App Contests

One of our favorite unique twists you will find in the DraftKings Sportsbook app are the weekly contests. These promotions are recurring contests that happen one night of the week and typically require a $5+ wager to enter.

Perhaps our favorite version of this is the weekly King of the Court contest. This NBA promotion requires a $5+ player prop bet, and if your player leads the night in PRA (points + rebounds + assists) you take home a share of the $1 million prize.

These weekly promotions add a fun twist to your betting action, and certainly add another dimension of excitement to watching that day’s games. Opt-in required, terms and conditions apply.

Sponsored Freerolls

The sponsored freerolls available in the DraftKings app are much more sporadic than any other type of promotion, but offer a fun way to play without touching your bankroll.

Every DK customer is eligible for these offers, they are free to play, and the format varies between different promotions. As an example, this week DraftKings is partnering with Arby’s for the ‘March Boxes & Baskets Challenge’. The contest has $39,000 up for grabs and is a typical free-to-play squares pool contest.

In addition to the sponsored free rolls in the sportsbook, the DraftKings Fantasy app runs similar promotions every week of the NFL season and occasionally during the NBA, NHL, and PGA seasons. These are typically free-to-play fantasy contests that pay out cash to the winners.

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—

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.

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—

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 July! For a limited time, DraftKings will give new players a very handsome bonus — Bet $5+ Get $200!  

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 July 2026, 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.

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