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DraftKings NFL Promo – Bet $5 on Any Team, Get $200 If They Win

Sascha Paruk

by Sascha Paruk in NFL Football

Updated Oct 19, 2021 · 5:59 AM PDT

Arizona Cardinals quarterback Kyler Murray celebrating in the end zone after scoring a touchdown.
Arizona Cardinals quarterback Kyler Murray (1) celebrates in the end zone after rushing for a touchdown during the first half of an NFL football game against the Jacksonville Jaguars, Sunday, Sept. 26, 2021, in Jacksonville, Fla. (AP Photo/Phelan M. Ebenhack)
  • DraftKings Sportsbook has a fun promo on offer for the next few weeks
  • New customers can wager $5 on any team, in any game, at 40-1 odds
  • See below for more details plus the terms and conditions

The latest promotional offer from DraftKings Sportsbook will be a hit with NFL fans who want to bet on a heavy favorite.

The sportsbook is giving customers a chance to wager on any team to win straight-up at +4000 odds, regardless of the actual moneyline odds for the game.

 

See below for the terms and conditions, plus a look at which teams are the best bets to cash this offer in Week 7.

DraftKings’ 40-1 NFL Promo Terms and Conditions

This offer is subject to the following T&Cs:

  • The offer is only available to new customers making a first-time deposit.
  • The offer is open from 8:00 am ET, Oct. 18th, until 11:59 pm ET, Nov. 7th.
  • Customers must deposit at least $5 into their DraftKings account to be eligible.
  • If the qualifying wager is graded as a win, the $200 in bonus money will be paid as eight $25 free bets.
    • Note that free bets are not equivalent to cash. Winning wagers placed with free bets return only the profit, not the original stake.
  • Qualifying wager must be placed prior to kickoff and cannot be cashed out.
  • The maximum wager for this promo is $5.
  • The offer is only available to customers in the following states: Arizona, Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, Wyoming, and West Virginia.

>> CLAIM DRAFTKINGS’ +4000 NFL PROMO <<

Best Bets to Cash This Promotional Offer

This offer is not an automatic win. The team you wager on still has to win the game on the field in order to win the bonus money. That said, the best time to use this promo is ahead of Week 7, because there is one particularly appealing game.

The table below shows the biggest favorites in Week 7.

Biggest Week 7 NFL Favorites

Team Moneyline Spread Date/Time
Houston Texans +750 +17 (-115) Sunday, Oct. 21st
Arizona Cardinals -1250 -17 (-105) 4:25 pm ET
Team Moneyline Spread Date/Time
Detroit Lions +650 +15 (-110) Sunday, Oct. 21st
LA Rams -1000 -15 (-110) 4:05 pm ET
Team Moneyline Spread Date/Time
Chicago Bears +575 +13.5 (-110) Sunday, Oct. 21st
Tampa Bay Buccaneers -850 -13.5 (-110) 4:25 pm ET
Team Moneyline Spread Date/Time
Washington Football Team +320 +9 (-110) Sunday, Oct. 21st
Green Bay Packers -425 -9 (-110) 1:00 pm ET
Team Moneyline Spread Date/Time
New York Jets +260 +7 (-110) Sunday, Oct. 21st
New England Patriots -335 -7 (-110) 1:00 pm ET

It’s rare to see 17-point spreads in the NFL anymore, but that’s where the line is sitting for the Houston/Arizona game.

The 6-0 Cardinals have put up the second-best point differential in the league so far (+85), while the 1-5 Texans are dead-last in the 32-team league (-80). Arizona pivot Kyler Murray is second to Buffalo QB Josh Allen in the NFL MVP odds.

Houston managed to register a 37-21 win over the hapless Jacksonville Jaguars at home in Week 1, and have lost five straight since then by an average of 19.2 PPG.

The second-biggest favorite on the board is the Los Angeles Rams, who are 15-point chalk over the still-winless Detroit Lions.

The Rams’ only loss this season came at the hands of the undefeated Cardinals. Four of Detroit’s six losses have been by more than a touchdown, but they have also lost two games on field goals as time expired.

Despite having the worst record in the league, Football Outsiders DVOA metric says they are only the sixth-worst team in the league (ahead of Atlanta, Jacksonville, Miami, New York Jets and Houston).

I would personally avoid this game.

How to Hedge With This Promo

For those bettors who are exceedingly cautious, there is a way to (almost) guarantee a sizable profit with this promotion (barring an exceedingly rare tie).

If you wager $5 on the Cardinals, you can hedge by betting on the Texans. Say you bet $25 on Houston at +750. If Arizona wins, you would end up with a $200 in free bets plus $0.40 cash from your $5 bet on Arizona at -1250, while losing the $25 you wagered on Houston. If Houston wins, you would win $187.50 in cash from that wager, and lose just the $5 you bet on Arizona.

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