The DraftKings promo code unlocks $300 in bonus bets instantly for new users who sign up and wager $5. No promo code is required to claim the bonus. Deposit and place your first $5 wager to earn the bonus instantly.
Here's how to claim DraftKings promo in April 2026.
DraftKings Promo Code Quick Facts in April 2026
| Detail | Information |
|---|---|
| 🎁 Sign-up Bonus | DraftKings bet $5, get $300 instantly bonus bets |
| 🎟️ Bonus Code | N/A |
| 🎯 Min Bet | $5 (qualifying bet minimum) |
| 📌 Min Deposit | $5 |
| 📝 Eligible Bets | Any sports bet (-500 minimum odds) |
| 📱 Mobile App | iOS & Android (mobile betting app promo) |
| ⌛ Offer Expiry | Bonus bet expiration within 7 days |
| 📅 Last Verified | April 28, 2026 |
- What do you get? $300 in bonus bets (12 $25 credits)
- What's the catch? Minimum -500 odds required
- Who qualifies? New customers, 21+ (18+ in DC/KY/WY), in eligible states
Contents
- 1 DraftKings Promo Code Quick Facts in April 2026
- 2 DraftKings New User Promo Details: Bet $5, Get $300 Instantly
- 3 How to Claim the DraftKings Welcome Bonus: Step-by-Step Guide
- 4 Pros & Cons of the DraftKings $300 Promo Code
- 5 DraftKings New User Promo Code: Terms & Conditions
- 6 DraftKings Eligible States: Where is DraftKings Available?
- 7 How to Maximize the DraftKings Sportsbook Promo
- 8 DraftKings Sign-Up Bonuses Compared to the Competition
- 9 DraftKings Promos for Existing Customers in April 2026
- 10 DraftKings App & Features
- 11 DraftKings Payment Methods
- 12 DraftKings Customer Support
- 13 Responsible Gambling
- 14 Final Thoughts: Is the DraftKings Promo Code Worth It?
- 15 DraftKings Promo Code | FAQs
DraftKings New User Promo Details: Bet $5, Get $300 Instantly
The current DraftKings promo is an instant bet-and-get offer. Players who sign up and wager $5+ get $300 bonus bets right off the bat. The minimum odds for your first wager are -500. Your first bet doesn't have to win to receive the bonus.
The bonus bets come in the form of eight $25 single-use bonus bets, which can be used on any sports bet. Bonus bets expire after 7 days.
The DraftKings sign up bonus is automatically applied when you register via one of our links (no promo code is necessary).
How to Claim the DraftKings Welcome Bonus: Step-by-Step Guide
Claiming the DraftKings sign up bonus is simple. Just follow our detailed guide, and you'll have your DraftKings bonus bets in no time. This sports betting sign up bonus process takes just minutes.
Step 1: Create a DraftKings Account
Here's how to quickly set up your new user account with the DraftKings Sportsbook:
- Head to the DraftKings website or download the mobile app (iOS or Android).
- Click the “Sign Up” button.
- Enter your email, username, password, and mobile number.
- Next, confirm your identity by entering your legal name, date of birth, last four digits of your SSN, and address.
- Click “Confirm” to finish creating your DraftKings account.
Step 2: Make Your First Deposit
Once your account is verified, it's time to make your first deposit. Remember, the minimum deposit to unlock the DraftKings new user promo is $5.
Here's how to make a qualifying deposit:
- Click “Deposit” (at the top right corner of the DraftKings app).
- Select your preferred deposit method (debit card, online banking, PayPal, etc.) and enter the payment details.
- Input your deposit amount (minimum deposit is $5+ to qualify for the bonus).
- Confirm your deposit and receive the funds within minutes.
Step 3: Select Your Token and Place Your Qualifying Bet
Now it's time for the fun part: actual betting. Important: You must select the reward Token before placing your bet to qualify for the $300 in bonus bets.
- Choose a sport to bet on via the helpful category tabs or by using the search bar.
- Click on the game you want to bet on.
- Select the Token in your bet slip before confirming your qualifying bet.
- Choose a betting market (moneyline, spread, prop, etc.)—minimum odds of -500.
- View your selections in the bet slip.
- Enter a bet of $5 or more to qualify for the bonus.
- Confirm your bet after viewing the updated odds and payout.
Pros & Cons of the DraftKings $300 Promo Code
👍 PROS
- Low initial deposit and qualifying bet requirement ($5)
- Friendly first bet minimum odds (-500)
- Can use bonus bets on any sports market, including moneyline, point spread, and props
👎 CONS
- Bonus bets expire after seven days
- First bet must win
- Bonus bets can't be broken up ($25 each)
- Token must be selected before placing bet
- Offer ends 04/26/26
DraftKings New User Promo Code: Terms & Conditions
Understanding the fine print of your DraftKings sign up bonus is crucial to avoiding any unwanted hiccups. Let's break down each term in clear, practical language so you know exactly what to expect. Unlike a DraftKings deposit match bonus code offer, this is a bet-and-get promotion where your first bet must win.
- Must be 21+ years old (18+ in DC/KY/WY) and in a DraftKings legal state
- Eligible jurisdictions: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY, or WV.
- 1 per new customer
- Minimum deposit: $5
- Minimum bet: $5
- Must select Token BEFORE placing your bet
- Minimum first bet odds of -500
- Offer ends 4/26/26 at 11:59 PM ET
Question
Do I Need to Enter a DraftKings Promo Code?
When registering for a new user account, you'll see a DraftKings promo code box. This can be ignored as the DraftKings welcome bonus is automatically applied when you create an account.
Our DraftKings review found that this box is typically used for referral codes from the DraftKings Refer-A-Friend promotion.
How Do Bonus Bets Work On DraftKings?
DraftKings bonus bets are promotional credits you can use to place wagers. Here's how they work:
- Bonus bets are non-withdrawable and have no real cash value
- Can only be used to place sports wagers
- Can't be divided into smaller or larger bets (must be used as 8 separate $25 bet credits)
- Payouts from successful bonus bets only include the profit (the bonus bet stake isn't returned)
- Valid for 7 days (168 hours) after they are issued
Example: You use a $25 bonus bet on +200 odds. If you win, you receive $50 profit (the $25 stake is not returned).
DraftKings Eligible States: Where is DraftKings Available?
DraftKings recently launched in Arkansas on March 20, 2026, making the sportsbook legal in 27 states plus Washington D.C. Here is the full list of states where DraftKings Sportsbook is available as of April 2026:
- 🐗 Arkansas
- 🌵 Arizona
- 🏔️ Colorado
- 🦌 Connecticut
- 🌽 Illinois
- 🏁 Indiana
- 🌾 Iowa
- 🌻 Kansas
- 🐎 Kentucky
- 🎷 Louisiana
- 🦞 Maine
- 🦀 Maryland
- 📚 Massachusetts
- 🚗 Michigan
- 🎡 Missouri
- 🍁 New Hampshire
- 🌊 New Jersey
- 🗽 New York
- ✈️ North Carolina
- 🌰 Ohio
- 🌲 Oregon
- 🔔 Pennsylvania
- 🎵 Tennessee
- 🍃 Vermont
- 🏛️ Virginia
- ⛰️ West Virginia
- 🦌 Wyoming
- 🏛️ Washington, D.C.
DraftKings States-specific Bonuses
- DraftKings NC Promo Code
- DraftKings Missouri sign up bonus
- DraftKings Michigan Promo Code
- DraftKings Kentucky Promo Code
How to Maximize the DraftKings Sportsbook Promo
Focus on using your DraftKings bonus bets on odds between +100 and +300. This range offers a balance between reasonable risk and higher payouts. Avoid excessively low odds (-200) or high-risk bets (+500) unless you have strong confidence.
Conservative to Aggressive: Real Scenarios for Your Bonus Bets
Let's examine three real-world scenarios for using your bonus bets:
Approach 1: Conservative
Use all eight $25 bonus bets on favorites with odds around -110 to -150:
- Potential return per bet: $16.67 to $22.73
- Higher probability of winning
- Total potential return if all win: $133-$182
Approach 2: Balanced
Split bonus bets between favorites and underdogs:
- Four bets at -110 odds ($22.73 potential return each)
- Four bets at +150 odds ($37.50 potential return each)
- Total potential return if all win: $240.92
Approach 3: Aggressive
Use bonus bets on underdogs with odds between +150 and +300:
- Potential return per bet: $37.50 to $75
- Lower probability of winning
- Total potential return if all win: $300-$600
DraftKings Sign-Up Bonuses Compared to the Competition
Here's a detailed look at how the DraftKings Sportsbook promo compares to other top sportsbook bonuses:
| Sportsbook | Bonus Offer | Promo Code |
| DraftKings | Bet $5, get $300 instantly | No Code |
| FanDuel | $300 back if your bet loses for 10 days straight | No Code |
| Bet365 | Bet $10, get $365 or $1,000 safety net | SHARP365 |
| BetRivers | $500 second chance bet | SFABET |
| Caesars | 10 (100%) profit boost tokens | SFADYW |
| BetMGM | Up to $1,500 back if your first bet loses | SFAPLAY |
DraftKings Promos for Existing Customers in April 2026
If you already have an account or are wondering what perks customers have after using the welcome bonus, here are the promotions are currently available:
King of the Court — $1M in Bonus Bets
Place a pre-game NBA player prop bet using your qualifying token. If you bet on the day's Points + Rebounds + Assists leader, you win a share of $1,000,000 in Bonus Bets. Minimum $5 bet, -200 or longer odds per leg. Works on single player props or Same Player NBA Parlays.
Daily Drop — Any Sport Profit Boost
Opt in daily to receive one Profit Boost token usable on any sport. Applies to Single, Parlay, SGP, or SGPx bets. Must select the Profit Boost Token in your betslip before placing the qualifying bet. Token expires at 11:59 PM ET each day.
Dynasty Rewards Program
Earn Crowns and Tier Credits on every bet. Redeem for bonus bets, odds boosts, and profit boost tokens in the DK Store.
$100 DK Shop Gift Card Giveaway
Enter your email for 15% off and a chance to win a $100 DK Shop gift card.
Sportsbook Discord Community
Join the official DraftKings Sportsbook Discord for exclusive prizes, giveaways, early access to promotions, and direct access to the DraftKings team.
Dynasty Rewards Loyalty Program
The DraftKings Dynasty Rewards program is one of the most comprehensive sports betting loyalty programs. It rewards you for every bet you place across all DraftKings platforms. Players earn Crowns, which can be used to unlock special perks like bonus bets or profit boosts.
DraftKings Refer-A-Friend
DraftKings players can earn bonus bets from referring their friends. Each friend who signs up with your DraftKings referral code earns you bonus bets (usually $50 or $100). Once registered, the friend must make a qualifying deposit. After, both you and your friend receive bonus bets.
DraftKings App & Features
DraftKings boasts one of the best sportsbook apps, offering a wide range of excellent features. The DraftKings mobile app (available on iOS and Android) includes:
- Live betting with real-time odds updates
- Same Game Parlay (SGP) and SGPx builder
- NFL BetVision live streaming
- Cash out options on eligible bets
- Dynasty Rewards tracking
- Quick deposit via Apple Pay, PayPal, or Venmo
DraftKings Ratings & User Reviews
The DraftKings Sportsbook app consistently earns impressive ratings on both major app stores:
| Platform | Rating | Reviews | Size |
| iOS (App Store) | 4.8/5 | 700K+ | 302.9 MB |
| Android (Google Play) | 4.6/5 | 141K+ | Downloads: 1M+ |
DraftKings Payment Methods
Understanding your banking options at DraftKings is crucial for a smooth betting experience. The sportsbook offers a variety of secure payment methods, although availability may vary by state.
Let's examine all available options and their specific details:
| Payment Method | Deposit Time | Withdrawal Time | Withdrawal Available |
| Apple Pay | Instant | 1 day | ✅ |
| Bank Wire Transfer | 1-2 days | 1-2 days | ✅ |
| Credit Card | Instant | N/A | ❌ |
| Debit Card | Instant | 1 day | ✅ |
| Gift Cards | Instant | N/A | ❌ |
| Online Banking | Instant | 1-5 days | ✅ |
| PayPal | Instant | 1-2 days | ✅ |
| Play+ Card | Instant | 1-4 days | ✅ |
| Venmo | Instant | 1-2 days | ✅ |
💡 Important Banking Tip: Verify your identity before your first withdrawal, and use the same method for deposits and withdrawals when possible. This ensures that all deposits and withdrawals are processed quickly and without issues.
DraftKings Customer Support
DraftKings provides 24/7 customer support through multiple channels. Here's every way you can reach DraftKings support if you have an issue:
- Live chat: 24/7 (response time of 2-4 minutes)
- Email: support@draftkings.com (response time of 24 hours)
- Phone: Request a callback via the chatbot (5-10 minutes)
- X/Twitter (@DK_Assist): Message on X for help from Mon-Sun 8 am – 12 am ET (30 minutes)
Responsible Gambling
While sports betting can be entertaining, it's crucial to approach it responsibly and understand the importance of safe gambling practices. DraftKings is committed to promoting responsible gaming and providing users with tools and resources to help them maintain control over their betting activities. These include:
- Budget Builder tool
- Deposit limits
- Session time limits
- Cool-off periods
- Self-exclusion options
Call 1-800-Gambler if you or a loved one is suffering from problem gambling.
Final Thoughts: Is the DraftKings Promo Code Worth It?
The DraftKings promo code offer is the best bet-and-get promotion on the market in April 2026. Here's why:
- ✅ $300 bonus (highest among similar offers from competitors)
- ✅ Low entry ($5 minimum)
- ✅ NBA League Pass included (extra $45+ value)
- ✅ NFL Playoffs timing (great for postseason betting)
The DraftKings Sportsbook offer easily ranks among the best sportsbook bonuses. The $300 bonus is significantly higher than most other bet-and-get bonuses, and the terms are straightforward and fair.
The main downside is that your first bet must win, but with -500 minimum odds, you can bet on a reasonably safe favorite to maximize your chances.
Put simply, there's not much to complain about the DraftKings bonus. And, as of April 2026, new players also get three months free of NBA League Pass to celebrate the start of the new basketball season. With the NFL Playoffs in full swing, there's no better time to sign up and take advantage of this enhanced $300 offer before it ends on April 26th.
DraftKings Promo Code | FAQs
What is the DraftKings $300 promo code in April 2026?
No promo code is needed. The DraftKings welcome bonus (Bet $5, Get $300) is automatically applied when you create a new account and select the Token before placing your first bet.
How do I get $300 on DraftKings?
Sign up for a new account, deposit $5+, select the reward Token, and place a $5+ bet with -500 minimum odds.
How long do DraftKings bonus bets last?
Bonus bet expiration is 7 days (168 hours) after they're credited to your account. Unused bonus bets are forfeited after this period.
How do you use bonus bets on DraftKings?
Bonus bets are easy to use at DraftKings. Once you make a bet selection, navigate to the bet slip and click “Use Bonus Bets.” Then select the bonus bet credit you want to use.
Can I withdraw my DraftKings bonus bets?
No. Bonus bets are non-withdrawable and have no cash value. However, any profit you win from bonus bets can be withdrawn.