Why we rate DraftKings
DraftKings is the most featureâpacked sportsbook in the US and, since December 2025, ESPN’s official book. The welcome offer is bestâinâclass â Bet $5, Get $200 instantly, win or lose, no code. The app leads the category for live betting depth (â517 options per game), profit boosts, SGPx and Early Exit, and it’s one of the strongest books for UFC and boxing odds. Add a casino with a 1Ă lossback and the new CFTCâregulated DraftKings Predictions in 38 states, and it’s the most complete oneâaccount ecosystem going. Minor gripes: $25 bonusâbet chunks and stingy cashâout values.
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What we like
- Bestâinâclass welcome: $200 instantly, win or lose, no code
- Most features of any book â SGPx, ~517 live options/game, most profit boosts, Early Exit
- Sharp UFC & boxing odds â a top book for combatâsports bettors
- Topârated app (4.8â , 1.02M reviews)
- Three products in one login: Sportsbook, Casino & Predictions
- ESPN’s official sportsbook and odds provider
What to know
- Bonus bets locked to $25 tokens (can’t split freely)
- Cashâout values can be below the original stake
- Creditâcard deposits no longer accepted
- Casino limited to five states (PA, NJ, MI, WV, CT)
DraftKings Sportsbook bonus & promo code
DraftKings’ newâcustomer offer is Bet $5, Get $200 in Bonus Bets Instantly. Deposit $5+, place a $5 bet on any market, and you receive $200 in bonus bets straight away â win or lose. There’s no promo code.
| Offer | Bet $5, Get $200 in Bonus Bets Instantly |
| Promo code | None â autoâapplied via our link |
| How it pays | Place a $5+ first bet on any market â $200 credited instantly |
| Win required? | No â paid win or lose |
| Bonus format | Eight $25 bonus bets |
| Bonus expiry | 7 days (168 hours) |
| Minimum deposit | $5 |
| Stake returned? | No â bonusâbet stake isn’t included in winnings |
| Deposits | PayPal, Venmo, debit, online banking, gift card â no credit cards |
| Age & location | 21+ (18+ in DC, NH, PR, WY) and in a legal state |
| Eligibility | New DraftKings customers only; one per person |
How to claim the DraftKings Sportsbook offer
DraftKings Casino bonus & promo code
DraftKings Casino welcomes new players with 500 Casino Spins on Cash Eruption games plus a 24âhour lossback up to $1,000 in Casino Credits, at a friendly 1Ă wagering requirement.
| Offer | 500 Casino Spins (Cash Eruption) + 24âhour lossback up to $1,000 in Casino Credits |
| Promo code | None â autoâapplied via our link |
| Wagering | 1Ă on Casino Credits |
| Lossback window | First 24 hours of play |
| Casino states | Pennsylvania, New Jersey, Michigan, West Virginia, Connecticut |
| Credit expiry | 7 days |
| Minimum deposit | $5 |
| Age & location | 21+ and physically in a legal DraftKings Casino state |
How to claim the DraftKings Casino offer
DraftKings Predicts bonus & promo code
DraftKings Predictions is the company’s CFTCâregulated prediction market â buy and sell Yes/No event contracts on sports, economics, weather and pop culture. It’s live in 38 states, including many where the sportsbook isn’t, and is open to 18+.
| Product | CFTCâregulated event contracts (Yes/No), priced 1â99¢ |
| States | Live in 38 states â broader than the sportsbook |
| Age | 18+ (event contracts are federally regulated, not state gambling) |
| Markets | Sports outcomes, economics, weather, awards and pop culture |
| How it works | Buy a contract; it settles at $1 if the event happens, $0 if it doesn’t |
| Account | Same DraftKings login; part of the coming DraftKings “Super App” |
DraftKings vs other sportsbooks
DraftKings’ instant, winâorâlose $200 is one of the easiest bonuses to claim, and no rival matches its feature depth or its threeâproduct (sportsbook, casino, predictions) ecosystem.
| Sportsbook | Welcome offer | Promo code | Standout |
|---|---|---|---|
| DraftKings | Bet $5, Get $200 instant | None | Most features + ESPN |
| FanDuel | Bet $5, Get $350 | None | Biggest book, cleanest app |
| bet365 | Bet $5, Get $365 | None | Best live streaming |
| BetRivers | $500 2nd Chance Bet | USBTRV | 1Ă wagering value |
DraftKings banking, payouts & verification
| Deposit methods | PayPal, Venmo, online banking, debit card, gift card â no credit cards |
| Minimum deposit | $5 |
| Withdrawals | PayPal often sameâday; online banking 1â3 business days |
| Verification (KYC) | Name, DOB, address and SSN last four at signup; ID before first withdrawal |
| Loyalty | Dynasty Rewards â Bronze, Silver, Gold, Diamond, Onyx; Crowns redeem across sportsbook, casino, DFS & Pick6 |
| Note | No dedicated horseâracing ADW app; racing isn’t a DraftKings product |
Where DraftKings is legal
DraftKings Sportsbook is live in 28 states plus Washington DC â one of the widest footprints in the US, including the singleâoperator lottery states of Oregon and New Hampshire. Its online casino runs in five states (PA, NJ, MI, WV, CT), and DraftKings Predictions reaches 38 states. You must be physically located in a legal state.
DraftKings FAQ
Do I need a DraftKings promo code?
Does DraftKings have a prediction market?
Does DraftKings have a horse racing app?
Can I deposit with a credit card?
Is DraftKings ESPN’s sportsbook?
Three DraftKings products, no promo code
New customers, 21+ (18+ for Predictions where noted), in eligible states.
21+ (18+ where noted). Gambling problem? Call 1â800âGAMBLER. agamble.com may earn a commission when you sign up through our links — this never affects our ratings. Offer terms are set by the operator and subject to change; always check the current terms inâapp.