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DraftKings Promo Code: Get $200 Bonus for Knicks vs. Cavaliers

Danny Small

By Danny Small in Sports Betting News

Published:


draftkings promo code
Photo Credit: Craig Dudek

New customers can take advantage of a high-value welcome offer by accessing the latest DraftKings promo code. This promotion allows eligible users to turn a successful $5 wager into $200 in bonus bets. Click to activate this offer.

DRAFTKINGS
SPORTSBOOK
Bet $5 & Get $200 in Bonus Bets If Your Bet Wins

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-522-4700, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 3/15/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 3/8/26 at 11:59 PM ET. Sponsored by DK.
LOCK IN PROMO
SIGNUP PROMO
BET $5
GET $200

GET PROMO

With the Lakers facing pressure to improve their standing and the Magic looking to maintain momentum despite injuries, this matchup provides a compelling opportunity to utilize the offer. To unlock this bonus, simply sign up and place a minimum $5 bet on this matchup or any other NBA game. If the selection wins, DraftKings credits the account with the bonus funds.

DraftKings Promo Code Offers $200 Sign-Up Bonus

With the Lakers hosting the Magic, now is an opportune time to lock in the latest welcome offer from DraftKings Sportsbook. By placing a winning $5 wager on this matchup, new users can secure substantial bonus bets to use on future contests.

DraftKings Promo CodeNo Code Needed
New User OfferBet $5, Get $200 If Your Bet Wins
Bonus Last Verified OnFebruary 24, 2026

New DraftKings customers looking to wager on the Los Angeles Lakers vs. Orlando Magic game can activate a potentially lucrative offer. By placing a qualifying wager of at least $5 on this game, or any other NBA market with odds of -500 or longer, bettors can earn $200 in bonus bets. It is important to note that this bonus is not guaranteed; the initial $5 wager must settle as a win for the bonus funds to be released.

If the qualifying bet is successful, the $200 bonus is credited to the user’s account in the form of bonus bets. These bonus bets allow users to explore more of the DraftKings sportsbook but must be utilized within seven days before they expire.

Best NBA Matchups Coming Up on Tuesday

The current NBA slate features key matchups in both conferences, offering plenty of betting angles. Below are the current spreads and totals for the games on the schedule, courtesy of DraftKings.

Away TeamHome TeamSpreadTotal
New York KnicksCleveland CavaliersCLE -4.5232.5
Orlando MagicLos Angeles LakersLAL -5.5230.5

Cavaliers vs. Knicks Analysis

The early game sees an Eastern Conference clash as the New York Knicks visit the Cleveland Cavaliers. Cleveland enters the contest boasting a high-powered offense averaging 119.7 points per game, spearheaded by Donovan Mitchell, who is putting up 28.6 points per night. The Cavaliers have been in excellent form, going 12-2 in their last 14 games. The Knicks, averaging 117.5 points per game, rely on Jalen Brunson (26.8 PPG) and the rebounding presence of Karl-Anthony Towns, who is grabbing 11.8 boards per contest. With a high total of 232.5, oddsmakers are expecting plenty of scoring.

Lakers vs. Magic Analysis

Later in the evening, the Los Angeles Lakers host the Orlando Magic. The Lakers are 5.5-point favorites, driven by a spectacular season from Luka Dončić, who is averaging 32.8 points and 8.5 assists per game. He gets significant help from Austin Reaves (25.2 PPG). However, the team is coming off a difficult loss to the Celtics and faces pressure to perform in upcoming games.

They face a balanced Orlando attack featuring Paolo Banchero (21.5 PPG). The Magic are currently without Franz Wagner, who is out indefinitely, and Jalen Suggs is questionable with a back strain. Despite these injuries, Orlando remains dangerous, coming off a win against the Clippers.

How to Redeem This DraftKings Promo Code Offer

Getting started is straightforward for NBA fans looking to wager on the action. There is no need to manually enter a promo code; clicking the links on this page will automatically apply the welcome offer to the new account. Follow these steps to qualify for the potential $200 bonus:

  1. Create an Account: Click the registration link to visit DraftKings Sportsbook. You will be required to enter standard personal information to verify your identity and location.
  2. Deposit Funds: Once the account is active, make an initial deposit of at least $5 using one of the platform’s secure payment methods.
  3. Place Your Bet: Navigate to the NBA tab and place a wager of $5 or more on the Orlando Magic vs. Los Angeles Lakers matchup or any other qualifying market.
  4. Win to Claim: If the qualifying bet is successful, the account will receive $200 in bonus bets alongside standard cash winnings.
Danny Small

Commercial Content Writer for Sportradar. Never had the makings of a varsity athlete.

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