DraftKings Sportsbook Promo Code – Get $1000 Bonus

Receive access to the latest and best offers with the DraftKings sportsbook promo code, which is tested and valid for new customers in .

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Bonus & Offers details
Up to $1,000 new player bonuses
Expires on: 31-12-2020
Last check: 2 days ago

DraftKings Sportsbook Promo Code lowdown

DraftKings is a leader when it comes to daily fantasy sports, but they have also been able to create a strong presence in the sports betting fraternity. The sportsbook from DraftKings operates in different states across the United States. A user who wants to claim a $1000 bonus offer from DraftKings will be able to take advantage of their operations in New Jersey, Pennsylvania, Indiana, Iowa, Colorado, West Virginia, and New Hampshire.

Step 1: Click above to Visit DraftKings Sportsbook

It is important to visit the correct version of DraftKings sportsbook so that users do not face hiccups when trying to register. Even though the brand is the same, it complies with different licensing requirements in different states. It is vital that the player in New Jersey goes to the NJ version. For this reason, the above link will get users to the place where they can choose their DraftKings sportsbook version according to their state of residence.

Apart from taking users to the correct destination, the link above will also make sure that users are able to claim DraftKings’ welcome offer of $1000, which is provided as a deposit bonus and risk-free bets.

Step 2: Account Creation with DraftKings Sportsbook Promo Code

One can create an account at DraftKings after visitingthe home page and looking for the ‘sign me up’ button. This will give access to the registration page that will request a variety of information from the users, who would start with choosing their preferred username, email, and password combination for the account. After this has been completed, users have the option of entering a promo code straight away. This is quite a unique step with most of the competitors choosing to place this designated field for a promo code at the end of the registration process. The use of a promo code makes a player eligible for claiming the massive $1000 welcome offer.

The next three stages of the account creation process at DraftKings are available to collect more information and data from the user. This can be in the form of name, date of birth, and gender. It is essential to use the correct information, as this will be verified later through different means. One of the ways of verification is through the last four digits of the Social Security Number, which has to be entered on the platform.

The bonus offer is available in two tranches with an equal split of $500 each. The first deposit made by a user will be matched at 20% up to a maximum of $500. The first bet made by the player will be covered to a maximum loss of $500. Due to the presence of two different offers rolled up into one, users have to be wary of the multiple requirements to receive the bonus and converted into a cash balance.

Step 3: Process of Depositing Funds to Claim the Bonuses

The payment options supported by DraftKings is slightly smaller compared to the competitors, as users can only make use of support for credit cards, debit cards, and PayPal. The crucial difference is that American Express and Discover credit cards are also accepted by the platform. If there are any gift cards from American Express, MasterCard, and Visa, these are also accepted. It is very important that users are depositing funds only when the payment method is registered in their name. It is not possible to use third-party accounts to fund the DraftKings betting balance. In order to qualify for the bonus, users have to place at least $5 as a deposit.

There are online casinos and sportsbooks that tend to disqualify some of the deposit methods from being eligible for welcome offers. However, DraftKings makes all these options open for picking up welcome bonuses. If the options in the deposit section can be considered low, the choices available for withdrawing funds is also limited. A user has only a handful of options like being able to request for withdrawals using check, PayPal, bank transfer.

Step 4: What Qualification Requirements Do Users Have to Meet?

DraftKings has a few steps that have to be completed by a user to pick up the bonus offers. Even before meeting those steps, there are some basic requirements like being 21 and above to be able to open an account. A minimum deposit of $5 has to be placed into the account. Depending on the deposit amount, users will receive the match bonus. The bonus funds thus received has to be wagered at least 25 times on the different sections at DraftKings, which can be sportsbook, casino, or daily fantasy sports – depending on the location of the user. The requirement has to be met within 90 days.

The requirements for the risk-free bet are slightly different. This bonus is awarded only if the first bet loses. If not, users do not get to receive this award. A bet will qualify for the offer only if it is placed within 30 days after opening the account and the free but also comes with a 30 day expiration time. A user is not permitted to convert this free bet into a cash balance, while it is also non-refundable and non-transferable.

Step 5: How Can Users Stay Notified about Bonuses?

The list of bonuses offered by the DraftKings platform is tremendous. The sportsbook section especially focuses on individual spots with new offers on a regular basis. This makes it very difficult for users to keep track of the bonuses. If a user misses out on a campaign, this can have a significant consequence on their rate of return. For this purpose, it is important to get the notifications turned on so that users are abreast with the latest offers. The notifications provided through text messages email depending on the user’s preference. Once notified, a user can immediately step into the account section and claim the same. The bonuses that have already been claimed can be seen and managed in the accounts section.

Step 6: Wagering Requirements Related to the Offer

The wagering requirement is a key part of the bonus that is being provided by DraftKings. A user has to meet the requirement that has been set forward by both bonuses – match and free bet. There is not much of a requirement associated with the risk free bet apart from having to be placed within 30 days after claiming to the account. The free bet amount does not feature in the winning or returns. A user is not limited to making wagers using this free bet. There is a more significant set of wagering requirements associated with the match bonus, which has to be wagered at least 25 times. For example, a user will get $2 in withdrawable bonus when they wager $50 on any of the DraftKings platforms. There are some key factors that limit the usage of funds, as a bet will not qualify for the requirement if it does not have odds of -300 or more.

Step 7: What can Players do after claiming this Offer?

Once the offer has been claimed, users have a lot of opportunities in the DraftKings platform. The fantasy sports section is available in multiple states across the US. The sportsbook is more limited, as it operates only in states like Indiana, New Jersey, and more. The betting opportunities provided by DraftKings is quite remarkable, as the platform is very supportive of different bet types like props, money lines, round robins, and more. There is an extensive amount of coverage given to European and American sports. Almost every match that is covered on the DraftKings platform tends to have a minimum of 30 markets, which provide more than sufficient betting options for bettors. The user interface may not be the best around, but DraftKings manages to stuff users with plenty of options.

There are some states where DraftKings also operates a casino that comes with different gaming options. Yet, it is clear that the platform is best known for the fantasy sports section, which is offered on almost every location. The options in the fantasy sports are tremendous and users have the option of taking part in daily tournaments. One of Draftkings' long-time rivals is Fanduel, who also accept US customers from a number of states. A Fanduel risk-free bet may be of interest if you wish to broaden your horizons.

Bonuses and Other Products Available for Existing Customers

The welcome offer is not the only option available at DraftKings to increase the value for money proposition. All users get the option of receiving multiple bonuses when they place a wager on different types of sports. There are special bonuses for soccer, basketball, baseball, and more. Many of these bonuses are only available on an ad hoc basis – users will get these offers only when they bet on events or meet requirements like placing parlays with a certain number of legs.

There are also insurance bets that can reward users under specific conditions. For example, DraftKings is known for their UFC fight insurance where users will receive a free bet if a fighter that they back ends up losing through a submission, disqualification, or knockout. These bonuses would be in the region of $25. Since the daily fantasy sports section is one of the popular sections of DraftKings, it also receives special promotional offers users get to pick up massive wins over the course of a tournament or league.

Comparing DraftKings’ Welcome Offer for a Verdict

DraftKings is a popular platform to bet on sports, but it is also quite powerful when it comes to the bonuses. A new user gets to enjoy a massive welcome offer, which is actually two offers rolled into one, when they sign up. Since the offer includes a deposit bonus and a risk-free bet, users are getting the best of both worlds. The wagering requirement on these bonuses is also not hard to meet. All these increase the attractiveness of the offer even further and make DraftKings as a strong platform in every sense. This is due to the multiple opportunities that a player receives in addition to the bonuses.

FAQs Related to DraftKings Sportsbook and Offers

What licenses does DraftKings hold?

DraftKings NJ operates in the New Jersey State with a license from the New Jersey Division of Gaming Enforcement, while DraftKings IN operates in the Indiana State with a license from the Indiana Gambling Commission.

What minimum age is required to be part of DraftKings?

The minimum age required to be part of DraftKings platform depends on the license issuing authority and the state where it operates. The average minimum age for gambling in the United States varies from 18 to 21.

Do users have to be within state boundaries for placing bets?

Yes, despite differences in the requirements of the licensing authority, it is quite common across the United States to see licensing authorities impose location restrictions on users, who have to be within the confines of the state for placing wagers within the platform.

Can users access funds from outside the state boundaries?

Yes, there are no restrictions when it comes to accessing the accounts section even when the user is not within the state confines. It is only the wagering process that is restricted.

How long does it take for withdrawals to complete?

Depending on the payment option chosen by the user, a withdrawal transaction may take around 2 business days to even 3 weeks. The likes of PayPal can deliver funds within a maximum of eight business days, while checks will take up to 3 weeks.

What are the features available for meeting responsible gambling requirements?

DraftKings provides many features that are designed to help meet the commitment towards responsible gambling. These features include a self-exclusion even for a period of several months.