The DraftKings Sportsbook promo code 2026 unlocks $300 in bonus bets for NFL Playoffs action. New players can sign up and wager $5 to activate the DraftKings first bet offer (first bet must win). No DraftKings bonus code is required to claim the bonus—this is a DraftKings welcome offer no code required promotion.
Here's how to claim DraftKings promo code offers in January 2026.
DraftKings Promo Code Quick Facts in January 2026
| Detail | Information |
|---|---|
| 🎁 Sign-up Bonus | DraftKings bet $5 get $300 bonus bets + 3 months of NBA League Pass |
| 🎟️ Bonus Code | SHARP** |
| 🎯 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 | Token expires 2/1/26; Bonus bet expiration within 7 days |
| 📅 Last Verified | January 27, 2026 |
- What do you get? $300 in bonus bets (twelve $25 credits) if your first bet wins
- What's the catch? Your first bet must win. 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 January 2026
- 2 DraftKings New User Promo Details: Bet $5, Get $300 in Bonus Bets
- 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 Casino Promo Code
- 10 DraftKings Promos for Existing Customers in January 2026
- 11 DraftKings App & Features
- 12 DraftKings Payment Methods
- 13 DraftKings Customer Support
- 14 Responsible Gambling
- 15 Final Thoughts: Is the DraftKings Promo Code Worth It?
- 16 DraftKings Promo Code | FAQs
DraftKings New User Promo Details: Bet $5, Get $300 in Bonus Bets
The current DraftKings new user promo is a bet-and-get offer plus three months free of NBA League Pass. Players who sign up and wager $5+ get the DraftKings $300 bonus bets promo. However, your first wager bonus must win to unlock the DraftKings bonus bets (-500 minimum odds). The bonus bets come in the form of twelve $25 single-use bonus bets, which can be used on any sports bet.
The DraftKings sportsbook sign up offer is automatically applied when you register—this is the best DraftKings promo code today and no code is necessary. This 2026 DraftKings promo code for new customers represents one of the top online sports betting bonus offers available.
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
- Three months of NBA League Pass for free
- Higher bonus amount ($300) for the NFL Playoffs
👎 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 1/25/26
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
- First bet must win to receive the bonus
- Minimum first bet odds of -500
- Token expires 2/1/2026
- Offer ends 1/25/26 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 12 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 is legal in 26 states plus Washington D.C. Here is the full list of states where DraftKings Sportsbook is available as of January 2026:
- 🌵 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
The DraftKings new user promo is easily among the best sports betting bonuses we've encountered. The bonus amount is solid ($200), which is more than the current FanDuel promo code offer. Both the DraftKings and FanDuel promos require you to win your first bet. However, the Bet365 bonus code is awarded regardless of your first bet outcome ($150 guaranteed), which is a significant advantage.
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 if first bet wins + 3 months of NBA League Pass | SHARP** |
| FanDuel | Bet $5, get $150 if first bet wins | No Code |
| Bet365 | Bet $5, get $150 or $1,000 safety net | SHARP365 |
| BetRivers | $500 second chance bet | SFABET |
| Caesars | 20 (100%) profit boost tokens | SFA20X |
| BetMGM | Up to $1,500 back if your first bet loses | SFAPLAY |
Which Sign-up Bonus is Better: DraftKings or FanDuel?
The DraftKings and FanDuel welcome bonuses change often, but as of January 2026, we give the clear edge to DraftKings. This is for a couple of reasons:
- Higher bonus amount: DraftKings awards $300 in bonus bets, while FanDuel only offers $150.
- 3 months of NBA League Pass: The DraftKings promo includes a free three-month subscription to NBA League Pass.
- More bonus bets: You receive twelve $25 bonus bets compared to FanDuel's smaller allocation.
However, the FanDuel promo has a couple of key advantages, as well. For one, while both require your first wager to win to receive the bonus, there are no minimum first bet odds at FanDuel (DraftKings has -500). This means you can wager on a massive favorite to pretty much guarantee you receive the bonus bets.
FanDuel also allows you to split up your bonus bets in any increment. DraftKings requires them to be used as twelve $25 bet credits.
Winner: DraftKings offers the highest bet and get bonus at $300, plus the NBA League Pass perk gives it significant extra value.
DraftKings Casino Promo Code
DraftKings Casino offers separate promotions in states where online casino is legal: Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia. The DraftKings casino promo code is different from the sportsbook offer.
DraftKings Promos for Existing Customers in January 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.
NFL Playoff Pack — Wild Card Profit Boosts
Get two Profit Boost Tokens for NFL Wild Card Playoff games (January 10-12):
- One 3+ Leg SGP/SGPx Boost — Minimum +300 odds required
- One All-Purpose Boost — Use on any bet type with +100 or longer odds
College Football Playoff Profit Boosts
Game-specific profit boosts for CFP Semifinal matchups:
- Miami FL @ Ole Miss (1/8/2026 at 7:30 PM ET)
- Oregon @ Indiana (1/9/2026 at 7:30 PM ET)
Opt in to receive one Profit Boost per game. Token expires at the end of each game.
NFL Early Exit — Player Prop Protection
If your player exits early due to injury during the first half, DraftKings has you covered. Live player props are now included under the Early Exit program, providing added protection on your NFL bets.
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 January 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 January 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 January 25th.
DraftKings Promo Code | FAQs
What is the DraftKings $300 promo code in January 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. If your bet wins, you receive $300 in bonus bets.
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.