DraftKings Promo Code: Bet $5, Get $300 in Bonus Bets if Your Bet Wins

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. DraftKings has become one of the most recognized names in online sports betting, known for its deep market coverage, smooth mobile experience, and enticing promotions. The current DraftKings new user promo gives players the chance to bet $5 and get $300 in Bonus Bets if their bet wins, with no promo code required. Super Bowl LX kicks off today as the Patriots and Seahawks gear up for a historic showdown. The Seahawks look to avenge their loss against the Patriots in Super Bowl XLIX. Current DraftKings Promo: DraftKings Promo Code: Bet $5, Get $300 in Bonus Bets if Your Bet Wins, No Promo Required DraftKings has an exciting offer for you with no promo code needed as new users can sign up and unlock $300 in bonus bets if your bet wins when you place your first bet of $5 or more. As one of the top sportsbooks in the U.S., DraftKings offers some of the best promos on the market. On this page, you’ll learn everything you need to know about the $300 DraftKings promo, including how it works, how to claim on their betting app, and how the promo compares to its competitors. DraftKings Promo Code: Bet $5, Get $300 in Bonus Bets if Your Bet Wins Today's Top DraftKings Promos for Existing Customers All Sport Stepped Up: Build your Parlay and get up to a 105% Profit Boost based on parlay legs! How to Sign up for DraftKings Sportsbook and Claim the New User Bonus DraftKings Promos for Existing Customers Profit boosts and ongoing promos are one of DraftKings' strengths — it's not just about new users. Let's take a look at a few of the promos of existing customers. DraftKings Single-Game Parlays, Profit Boosts & No Sweat Bets DraftKings is a leader in the sports gambling space when it comes to these options. Check the promotions tab to see any current SGP boosts or No Sweat SGPs. DraftKings also offers SGPx (Same Game Parlay Extra) which allows you to combine multiple SGPs from different games into one single wager. For example: All four legs are part of one parlay, but they’re from different matchups. DraftKings Referral Bonus DK also offers bonuses for referrals. If you refer a friend (new user), and they deposit at least $25 into their account, you get $100 bonus bets. DraftKings Promo Comparison vs. Other Sportsbooks How Does the DraftKings Sign-Up Bonus Compare to the Competition? DraftKings has one of the best promos available, mainly because you get the bonus bets whether you win or lose on that $5 bet, which is great for new bettors who don’t want to risk too much. The FanDuel promo does not apply whether a bettor wins or loses, and the First-Bet Safety Net at BetMGM only triggers if the first bet loses, which is higher risk and best for large wagers. Where is DraftKings Legal? DraftKings Sportsbook Review 2026 DraftKings Sportsbook is one of the highest-reviewed books in the market. Let's get into the particulars. DraftKings User Experience & Interface DK has one of the smoothest user experiences on mobile and desktop, and is extremely beginner-friendly. Key pages/features — such as Met Bet, Live Now and SGP Builder — are easy to find and load fast. Navigation between sports, promos, and bet slip is intuitive, and there are real-time stat integrations. DraftKings Mobile App Review DraftKings is available on Apple and Android devices, and has Face ID/Touch ID. The app also features push notifications for odds boosts, bet results and promos.  It's fast nav, in-app stats, intuitive build, and feature-rich platform makes this one of the best sportsbooks app out there. Market Depth & Betting Options DraftKings is recognized for its market depth, with betting options that stretch across every major sport as well as niche events. Standard spreads, moneylines, and totals are available for all games, complemented by a wide range of player props and creative specials. Bettors can explore both mainstream and alternative markets: Sports You Can Bet On With DraftKings: Key Events You Can Bet On With Draftkings: Every game mentioned above has standard spread, moneyline, totals, and a wide variety of player props you can bet on. But the platform doesn’t stop with the major leagues, as it also features odds on entertainment and alternative markets such as the Oscars, eSports, lacrosse, and table tennis. This breadth of coverage helps explain why DraftKings frequently appears in roundups of the best NFL betting sites and top sportsbooks in the U.S. Betting Features & Innovation DK is an industry leader, feature-rich, and one of the most innovative books in the U.S. market. SGPs/SGPx are one of the best builders in the industry, especially for the NFL, and it is one of the best apps for live betting. There are options for early cashout, built-in stats hub, free-to-play pools, and there is NFL BetVision, which allows users to stream in-network and nationally televised games directly inside the DraftKings Sportsbook app. To access a stream, you must place a bet on the specific event. DraftKings Live Betting DraftKings delivers a smooth in-play experience with odds that refresh quickly after key moments, so you can react to momentum swings in real time. The interface is clean and intuitive, with a betslip that updates potential payouts instantly and accepts bets fast. You’ll find a wide range of live markets, including updated spreads and totals, next drive result in the NFL, next team to score, and plenty of player props as the game unfolds. Early Cash Out is available on many markets, letting you lock in profit or limit losses midgame, and the mobile app mirrors the full live offering for easy wagering on the go. DraftKings Promotions DraftKings has one of the best welcome offers and ongoing promos for existing users, where a new user can bet $5 and get $300 if your bet wins. There are also No Sweat Same-Game Parlays (often available for primetime games), Profit Boost Tokens (usually issued on weekends or for big events), occasional deposit matches and no-deposit offers for returning users. DraftKings Banking: Deposit & Withdrawals Deposits can be made on desktop or mobile app, and to make a deposit, click "deposit" on the top right corner (app and desktop), select the amount, and add payment details. Trust & Safety DraftKings Sportsbook is legally available online in 24 states plus Washington, D.C., with additional retail locations in Nevada, Washington, and Mississippi. Expansion is expected to continue, with Missouri being the latest state to legalize sports betting. The platform also emphasizes player protection, offering responsible gaming tools such as real-time check-ins, deposit and loss limits, timeouts, and exclusion options. For customer support, users can access live chat or email assistance, while secure payment processing and multi-factor authentication ensure that both transactions and accounts remain protected. DraftKings Sportsbook Pros & Cons Pros: Cons: DraftKings Dynasty Rewards Loyalty Program The Dynasty Rewards Program is the rewards program for DraftKings and Golden Nugget Online Casino. With Dynasty Rewards, your play can earn Crowns and Tier Credits for your play to receive exciting perks and redeem for a variety of rewards. Dynasty Rewards Program Tier Credits Information DraftKings Promo Code FAQ What is the current DraftKings promo code and how does it work? Do I need to enter a promo code to get the DraftKings welcome bonus? What states allow DraftKings? How do you claim the DraftKings $300 promo? Can I cash out DraftKings in another state? How long does DraftKings take to payout? Can I use DraftKings in a state I don’t live in? How do I contact DraftKings customer service? Can you bet on presidential elections on DraftKings? How do you redeem crowns on DraftKings? Gambling disclaimer: Only individuals aged 21 and over are permitted to gamble. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Gambling is subject to local state regulation and is illegal in some states. Please gamble responsibly – information relating to responsible gambling can be found here. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, and follow leagues, teams and players to receive a personalized newsletter daily!