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DraftKings Sportsbook Promo Code Mar 2023

DraftKings promo codes are some of the most generous among US sportsbooks. Read our guide on how to claim DraftKings Sportsbook’s bonus offers and promotions in your state today.

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Level: Beginner
4 m mins read
Page  created  06 Mar, 2023
Kenny Ducey
Who is Kenny Ducey?

Kenny Ducey is a betting expert at NBC Sports and The Action Network. He's previously contributed betting content at Sports Illustrated and DraftKings and has served in the Baseball Writers Association of America for four years.

DraftKings Sportsbook Promo Code Details

New players at DraftKings will receive a 20% deposit of up to $1,000. There is no promo code required for this offer. To claim the full $1,000, you’ll need to deposit $5,000. The bonus funds you receive will be put into a pool from which you can draw off, with the conversion rate being $25 wagered in cash equating to $1 received in bonus funds.

For sports bettors In Massachusetts, new customers can receive $200 in bonus bets by signing up with DraftKings and opting in prior to the online sports betting market launch. Existing customers in MA who have placed a bet with DraftKings before will receive $100.

DraftKings Promo Code Info Promo Code Details
💰 Bonus Code: N/A
✅ Bonus Details: 20% deposit bonus up to $1,000; $200 in bonus bets (MA pre-launch offer)
📅 Last Verified: January 2023
📅 Valid Until: February 2023
📍 DraftKings Available States: AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, WY
⚖️ Legal Betting States: AZ, AR, CO, CT, DE, IL, IN, IA, KS, LA, MD, MI, MS, NV, NH, NJ, NY, OH, OR, PA, RI, SD, TN, VA, WA, WV, WY and Washington DC
🏈 Available Sports: Aussie Rules, Baseball, Basketball, Boxing, Cricket, Cycling, Football, Golf, Hockey, Lacrosse, MMA, Motorsports, Rugby League, Rugby Union, Snooker, Soccer, Tennis
💵 Minimum Deposit: $5
💳 Deposit Methods: DraftKings Gift Card, PayNearMe, PayPal, Play+ Card, Venmo, VIP Preferred eCheck, credit/debit card, electronic gift cards (e.g., AMEX gift card), online banking, wire transfer

How to Register & Claim Your DraftKings Promo

If you’ve ever played Daily Fantasy Sports (DFS) games with DraftKings, you can use that same account for the online sportsbook. However, if you’re new to DraftKings, then follow the steps below and it won’t be long before your account is created and you’re on your way to getting the welcome bonus:

  1. Download the DraftKings Mobile App on your Android or Apple device. Alternatively, visit the DraftKings Sportsbook website on desktop or via your mobile browser.

  2. Once you’re on the site's homepage, click ‘Log In’ to start the registration process.

  3. The registration process takes just a few minutes to complete. You’ll need to provide information such as a username, email, password, name, promo code (if you have one), address and the last four digits of your Social Security number. You’ll also need to enable your geolocation services or download the GeoComply extension, which determines your location based on your IP address.

  4. Now you’re ready to make your first bet with the DraftKings Sportsbook. Choose a market and add a wager to your betting slip.

  5. For every $25 bet at DraftKings during the 90-day requirement period, your account will be credited $1 in bonus funds.

Welcome Bonus
Bet $5, Get $200 in Bonus Bets Instantly
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DraftKings Sportsbook Promos in Mar 2023

DraftKings runs excellent promotions all year round, but their offerings really ramp up near the start of the NFL and NCAA seasons.

The sportsbook has several offers available in addition to the 20% deposit bonus up to $1,000, which we’ve listed below. However, these offers are typically updated daily so be sure to check regularly for the latest promotions.

  • DraftKings Welcome Bonus – 20% Deposit up to $1,000

Promo: New players at DraftKings will receive a 20% deposit of up to $1,000. You must make a minimum deposit of $5, and to claim the full $1,000 you will need to deposit $5,000. The bonus funds will be put into a pool, and you will unlock $1 of these for every $25 wagered. The bonus funds expire 90 days after deposit.
Promo Code: N/A
Expiry Date: February 12, 2023

  • DraftKings Welcome Bonus (MA) – $200 Bonus Bet

Promo: New players at DraftKings Massachusetts will receive a $200 bonus bet when they sign up and opt in ahead of market launch. The bonus funds must be wagered 1x within seven days of being awarded. Customers that have bet with DraftKings before will receive $100 in bonus bets.
Promo Code: N/A
Expiry Date: Upon market launch (TBC)

  • DraftKings Bet $, Get $

Promo: First-time DraftKings Sportsbook customers will receive $200 in bonus bets when they make a deposit of $5 or more and then bet $5 or more on any sport. Your bonus will be paid in the form of eight $25 bets. Bonus bets are valid for seven days.
Promo Code: N/A
Expiry Date: February 12, 2023

  • DraftKings VIP

Promo: Available by invitation only, DraftKings VIPs will enjoy “exclusive benefits and enhanced promotional offers, top-tier customer support, access to personalized contests, and more.”
Promo Code: N/A
Expiry Date: N/A

  • DraftKings Daily Pools

Promo: You can enter new pools daily to climb leaderboards and win real cash.
Promo Code: N/A
Expiry Date: N/A

  • DraftKings DK Crowns

Promo: Each time you wager at DraftKings Sportsbook, you’ll receive DK Crowns. These can be redeemed for playable site credit. Based on our personal crowns balance, it’s roughly 550 DK crowns per $1.
Promo Code: N/A
Expiry Date: N/A

Why Choose DraftKings Sportsbook?

DraftKings has been a titan in the sports and gaming world since it launched its Daily Fantasy Sports (DFS) platform in the early 2010s. With so many exciting attributes, here are our top three best features:

  • Shared Wallet

If you enjoy betting and casino play, you can use the balance you accumulate or deposit across any of your DraftKings platforms. For example, you could win playing slots then use those winnings to place an NFL futures bet. You can also claim the latest DraftKings casino promo codes, which update regularly throughout the year.

  • Daily Offers

Whether it’s pools or promotional offers, every day at DraftKings offers something new and exciting to look forward to – which could also result in more money in your pocket.

  • Mobile App

While all online sportsbooks have a mobile app, few of them are in the same ballpark as DraftKings. The DraftKings Sportsbook mobile app is fluid and straightforward to navigate. You’ll find all your favorite leagues, teams, and sports to wager on quickly. Live betting on the app is responsive, which is essential for sports where the betting lines could shift rapidly.

What Sports can you Bet on at DraftKings Sportsbook?

DraftKings may not extensively cover all the niche sports that are available with some other sportsbooks, but in terms of bet types, they have virtually everything you could think of – including single-player props on all your favorite sports. The futures markets also have plenty of options to select from.

Live Betting at DraftKings

Live betting is available at DraftKings and exceedingly easy to take advantage of – with flashing lights highlighting in-play bets. The sportsbook interface isn’t exactly leading the charge in innovation, but you can sort the bets by either game or sport. It would be a welcome addition to see live in-game updates, but you can keep up to date with stats as the game progresses.

Banking & Payment Options

The payment methods available to you at DraftKings will vary between states, but most options will be available everywhere in the US. The sportsbook welcomes a variety of trusted payment platforms, including bank cards, direct banking, prepaid cards, and e-wallets.


The minimum deposit for DraftKings is just $5. This is less than almost all competitors who typically only go as low as $10. You’ll have several deposit methods to work with, including Venmo, which is something only one other sportsbook (FanDuel) offers. Like PayPal, Venmo is an e-wallet service that is proving increasingly popular.


The withdrawals process can take 2-4 business days, but in our experience using PayPal, it was processed almost instantly. To initiate a withdrawal, you’ll need to click on your account icon, then ‘account information’. You’ll find a link to withdraw, and you can complete the process there.

DraftKings Sportsbook Promo Terms & Conditions

You do not need a promo code for DraftKings Sportsbook to utilize the 20% deposit bonus worth up to $1,000. However, unlike other deposit bonuses, you won’t receive the bonus funds immediately. Instead, the bonus funds you’re owed will be put into a pool that you can redeem in increments of $1 per $25 wagered in cash. To count toward the wagering requirement, you must wager on contests with betting odds of -300 or longer. Bets placed within 90 days of the initial deposit are eligible for the bonus money.

As for the Massachusetts welcome offer, no promo code is required but you must opt im. You will not receive your bonus bet funds until the online sports betting market goes live. The funds have a 1x wagering requirement which must be satisfied within seven days.

DraftKings Sportsbook Customer Support

At the bottom of the homepage, you’ll find a link to ‘Get Help’. This page has an FAQ section, links at the top to ‘Contact Support’ (via email), and a ‘Support’ button in the lower right-hand corner of the page to initiate a live chat. You can also request a callback or send DraftKings content about requesting assistance via regular mail to their postal address.

Address (US): 222 Berkeley Street, Boston, MA 02116

Address (UK): Suite 265, 15 Ingestre Place, Soho, London, W1F OJH

Address (Malta): Quantum House, 75 Abate Rigord Street, Ta’ Xibex, XBX 1120


Phone: N/A

DraftKings Sportsbook Promo Review Summary – 8.4/10

While getting up to $1,000 in value is great, the terms and conditions of the DraftKings Sportsbook promo offer make it less appealing. The 20% match is less than competitors, and needing to wager $25 in order to redeem $1 in bonus funds is on the high end of wagering requirements.

Pros ✅

  • Low minimum deposit.

  • 90-day window to complete wagering requirements.

  • Rapid withdrawal processing.

Cons ❌

  • Bonus funds not available immediately.

  • High wagering requirements.

  • Must wager on contests with betting odds of -300 or longer.

DraftKings Sportsbook’s sign-up promotion is therefore one of the least enticing welcome offers from the sportsbooks we’ve reviewed.

DraftKings Sportsbook Review Score out of 10
📋 Registration: 10
🏈 Sports Options: 8
💰 Bonus Quality: 4
📲 Software: 10
🏦 Banking Options: 8
⭐️ Overall Rating: 8.4
Welcome Bonus
20% up to $1,000
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Is DraftKings Sportsbook legit?

Yes, DraftKings is legitimate. DraftKings Sportsbook is available for mobile-only play in 19 states and jurisdictions, while additional states have DraftKings retail sportsbooks.

Are bonus codes legit?

No bonus code is required to redeem the DraftKings offers mentioned on this page, but any bonus codes provided by the operator are legitimate.

How do I claim DraftKings Sportsbook’s promo code?

You will claim the DraftKings Sportsbook promotion after creating an account and opting in. There will also be a wagering requirements tracker to see how close you are to redeeming all of your bonus funds.

Where is the DraftKings Sportsbook promo code valid in the US?

The DraftKings Sportsbook promo is valid wherever the sportsbook is available online. This includes AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, and WY.

What restrictions are there for the DraftKings Sportsbook promo code in 2023?

The only restriction on the welcome offer is that you’ll draw off your bonus funds in $1 increments per $25 wagered in real money.

How do I deposit with DraftKings Sportsbook’s promo code?

After creating an account, you’ll see a green deposit button in the upper right-hand corner of the page or app. Once you click on this, the deposit page with the available methods in your state will appear. The minimum deposit at DraftKings is just $5.