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DraftKings Promo Code: Place $5 First Bet and Get $250 Sign-Up Bonus on Arizona-Kansas State, Any Weekend Game

by:Christopher Ilenstine09/13/24
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Place your $5 first bet on DraftKings with the DraftKings promo code offer on Week 2 NFL action or anything else listed and get $250 in bonus bets and one month free of NFL+ Premium.

The first step is creating a new account — you can use this link or the module below to find the DraftKings promo code sign-up page.

How to get started with the DraftKings promo code

  1. Use any sign-up module on this page or click here to claim the DraftKings promo code offer.
  2. The link takes you to an account creation page. Tap the orange ‘Sign Up’ button and fill in the required fields.
  3. Deposit at least $5 and place $5 or more on any market or odds you prefer.

How to claim the DraftKings promo code offer

After creating your new account, the DraftKings promo code requires at least a $5 deposit and bet. It’s entirely up to you on which game to bet.

I have my eye on the Friday night matchup between the Arizona Wildcats and Kansas State Wildcats. Both squads have Big 12 Championship aspirations and are currently top-20 AP ranked.

Here’s how I would utilize the DraftKings promo code on this Friday night game:

Imagine I deposit and place $5 on the Kansas State -292 moneyline. While not a large cash payout, I like the safe play to minimize the upfront cost of the offer.

I have a statistically-high chance of winning meaning I can profit cash, $250 in bonus bets and the one month free of NFL+ Premium.

As soon as I submit my betslip, DraftKings sends the $250 in bonus bets as 10 $25 bonus bets. In addition, I receive a promo code for a one month free trial of NFL+ Premium to the email address I provided when creating the account.

Keep reading below for an explanation on how the bonus bets work which can be tricky for first-time bettors.

Using the bonus bets from your first bet on DraftKings promo code

You now have 10 $25 bonus bets from the DraftKings promo code offer. How do you use them?

Each $25 bonus bet is an independent bonus bet credit. This means you can’t split the $25 across multiple stakes but each stake must use the $25 in its entirety.

Additionally, a bet funded by bonus bets profits cash just like a wager funded by deposited cash. However, the stake goes back to the house since the bonus bets are not reusable.

An example would be using one of the $25 bonus bets from Friday to back Alabama -16.5 (-105) in the early Saturday CFB slate. If Alabama wins by 17 or more, I win $23.81 in cash while the $25 bonus bet stake is gone.

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