DraftKings' welcome offer is one of the most recognized in sports betting — here's exactly what you get and how to maximize it.
DraftKings competes directly with FanDuel for the top spot in US sports betting, and its new user promotion is designed to match. In 2026, the welcome offer structure is generous, but knowing the mechanics helps you capture maximum value from day one.
DraftKings New User Offer Breakdown
DraftKings typically offers new users a deposit match or bonus bet package. The current standard offer gives new users $200 in bonus bets after placing a qualifying first bet of $5 or more. Some states and promotional periods offer enhanced deals — up to $1,000 in bonus bets depending on the market. Always check the DraftKings promotions page on the day you sign up, as offers change frequently throughout the year.
How to Claim the DraftKings Promo Code
Visit DraftKings through a promo link or enter a code during account registration. The process: create your account, enter the promo code if prompted, make your first deposit, and place your qualifying bet. Bonus bets are typically credited within 24 hours and must be used within 7 days. They carry a 1x playthrough — spend the bonus bet, and cash winnings are yours to withdraw.
DraftKings Ongoing Promotions
DraftKings' daily promotions calendar is one of the most active in the industry. Odds boosts are available every day across all major sports. SGP boosts improve parlay odds on same-game combinations. Refer-a-friend bonuses, stepped-up parlays, and profit boosts run on a rotating schedule. The DraftKings Rewards loyalty program also offers Crowns redeemable for bonus bets and other prizes.
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