DraftKings Promo Code: Bet $5, Get $350 in Bonus Bets for New Users (June 2025)
Verified by: Paul Costanzo


SPORTSBOOK
Bet $5 & Get $300 in Bonus Bets If Your Bet Wins + $50 Deposit Bonus
Are you looking to get your hands on the best DraftKings promo code offer available right now? If so, you’re in the right place.
Whether you’re a brand new sports bettor or seasoned sharp looking to get more out of the sportsbook, I’m here to help break down all the latest DraftKings promo information you need to know.
This page is backed by the knowledge of real experts who use DraftKings on a regular basis and we want you to leave this page with helpful insights into how the promo works — without all the extra noise.
🏆 DraftKings Promo Code: Get the Best Offer Available Today
✅ Verified for June 2025 | 👉 No promo code needed — just CLICK HERE to claim your Bet $5, Get $300 in Bonus Bets If Your Bet Wins welcome bonus
I’m going to let you in on a little secret before we go any further: there is no DraftKings promo code. It might sound counterintuitive to the page you’re currently viewing, but you don’t actually need to input any promo code in order to take advantage of the current Bet $5, Get $300 Bonus.
The one important caveat you need to keep in mind for this welcome offer is the fact that you need to win your first bet in order get $300 in bonus bets. With that being the case, I would chuck a $5 minimum bet on the closest thing to a lock I could possibly find in order to get that first $300 in bonus bets.
Think a huge a favorite in any type of sports matchup. This isn’t really the time to play gunslinger and throw down a big bet with +2000 odds, but I promise not to judge you either way. We’re all friends here.
🧠 How The DraftKings Promo Works (The Simple Version)
- Register a new DraftKings Sportsbook account in a legal state that supports the sportsbook app or site.
- Legal DraftKings states include Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Vermont, Washington D.C., West Virginia, and Wyoming.
- Deposit at least $5.
- Place any $5+ wager on any betting market (moneyline, spread, totals, prop bets, etc.) with odds of -500 or longer (e.g. +100, -110).
- This includes betting options for NFL, NBA, NHL, MLB, college football, college basketball, soccer, golf, tennis, UFC, boxing, and more.
- Receive $300 in Bonus Bets if your first bet is graded a win. No promo code is required.
This offer is set to expire on June 22, 2025. This page will be updated as soon as a new offer comes through.
🤫 Pat’s Tip: Bonus bets cannot be withdrawn, but profits from them can. If you bet $25 in bonus money at +200 and it hits, you’ll get $50 cash.
🧾 Terms & Conditions for DraftKings Promos (The Fine Print)
We can’t have you signing up for a welcome offer without understanding the fine print, so here are the key terms and conditions (T&Cs) to keep in mind:
🤫 Pat’s Tip: Since you only have to bet your minimum deposit of $5 in order to claim this offer, don’t feel the need to deposit more than that for your first bet. You’re obviously more than welcome to, but don’t feel pressure to deposit $20 or $50, you’ll get the same $300 in bonus bets for winning any $5 bet.
🧐 How to Use Your DraftKings Promo as a New User: Novice or Experienced
Depending on how much experience you have as a sports bettor, your first bet to unlock $300 in bonus bets might look a little different. Based on today’s best odds and events, here’s how I would place my first bet as a first-time DraftKings user with little to no sports betting experience or an experienced first-time DraftKings user who has placed plenty of wagers at other sportsbooks.
🦺 Best DraftKings Bet Today as a Novice New User
Goal: Keep things simple and low risk while activating the DraftKings promo
The Indiana Pacers are up 2-1 in the NBA Finals, but this series feels so back-and-forth in terms of momentum shifts that it’s hard not to see how the Oklahoma City Thunder won’t have big response tonight in Indianapolis. With -230 moneyline odds, I’m picking the Thunder to bounce back in Game 4 and tie the series up heading back to Oklahoma City.
🤑 Best DraftKings Bet Today as an Experienced New User
Goal: Swing bigger with your first bet and create higher-payout parlays and SGPs
If you’re a little more seasoned and looking to bet on the NBA Finals, I like the Jalen Williams storyline and how his production has slowly creeped up throughout this series.
🎁 How the DraftKings $50 Deposit Bonus Works
When you sign up for DraftKings Sportsbook and make your first deposit, you’ll also receive a $50 bonus bet added to your account. This is a one-time reward and only available to new users making their first-ever deposit.
📋 Best DraftKings Promos Today
With the NBA Finals and Stanley Cup Final currently in play and plenty of other exciting games and events in the mix, here are the top promos for you to consider as a DraftKings Sportsbook user:
📋 Best DraftKings All-User Promos (June 2025)
Outside of the main DraftKings welcome offer, there are a number of great all-user promos that you can take advantage long after you’ve claimed your $300 in bonus bets. Here’s a look at what DraftKings has to offer:
🤫 Pat’s Tip: These promotions generally require an opt-in, so always check the “Promotions” tab in the DraftKings sports betting app or site before placing a bet. Many of these refresh daily or weekly, especially during major sports seasons. Availability may differ slightly depending on your state or user history, but these are among the most commonly available to all users.
🪙 DraftKings Dynasty Rewards Program
The DraftKings Dynasty Rewards program gives you crowns and tier credits for money spent using DraftKings products such as the sportsbook or casino. The crowns and tier credits can be used to get special experiences, gift cards, merchandise, and more.
There are five tiers in the Dynasty Rewards program: Bronze, Silver, Gold, Diamond, and Onyx. Each of these tiers comes with specific benefits and you will move up the tiers based on the amount of credits you use.
🎯 Insider Tips for First-Time Users on DraftKings Sportsbook
Stick to Straight Bets When You’re Brand New
I get it. All your buddies want you to get in on parlays, but they’re generally longshots. If you know and understand the risk involved, cool. That said, I would personally stick to one of these three types of bets as a new bettor:
- Spread bets (e.g. Celtics -3.5)
- Totals (Over/Under)
- Moneyline (simple win or lose)
Try a “Same Game Parlay” — But Start Small
Under the right circumstances, same game parlays can be a lot of fun to partake in. If you’re newer to online sports betting, I would just go with 2 or 3 leg same game parlay and avoid massive 6+ leg parlays unless you have No Sweat SGP promo attached to it.
Turn on Notifications for Flash Odds & Boosts
Sometimes DraftKings will drop “Happy Hour” boosts and Flash Bets at random times and they only last up to an hour. These can end up being some of the best odds boosts the online sportsbook offers and, in order not to miss out on them, you should turn on your push notifications so you an be alerted in your mobile app as soon as they go live.
Watch for “Opt-In Required” Warnings
When you see an all-user promo that you like and want to use, make sure you opt in first if it’s required. A lot of people forget to take the step of opting into a promo thinking it will automatically be applied to their bet slip somehow, which is not always the case. In fact, most promos require you to opt in.
Track Your Bets with the “My Bets” Tab
DraftKings has a full log of active bets, settled bets, wins and losses, and more that you can access through the “My Bets” Tab. This is a great place to figure out some of your strengths and weaknesses as a bettor. Think about it as watching the game tape after you’ve either had a huge game or one of the worst nights of your career. Review it often to ensure you’re not making the same mistakes.
🎁 Extra Value For You: Compare DraftKings with Competitor Promos
🤫 Pat’s Tip: DraftKings generally has the best welcome offer neck-and-neck with FanDuel when it comes to new customers. That said, if you’ve never used any of these sportsbooks, sign up for a few to get a feel for them while claiming some bonus money in the process.
🔎 DraftKings Promo Code FAQs
➡️ No, not with our link. Some sites promote fake “codes” but they don’t unlock anything new.
➡️ No. One promo per user/account across all DraftKings states.
➡️ You won’t get the bonus. The wager is required to trigger the offer.
➡️ Yes. DraftKings has a number of great all-user promos that you can take advantage of after you’ve signed up.
➡️ The best DraftKings promo to claim right now is their welcome bonus of Bet $5, Get $300 in Bonus Bets If You Win + $50 Deposit Bonus.

Evergreen Manager; Sportsbook Expert
Following a sports journalism career with his work appearing in outlets like theScore, The Province, and VICE Sports, Patrick moved into the world of content marketing to bridge the gap between great writing and SEO success. He’s brought that same mindset to lead evergreen content efforts at SBD.