Draftkings Bonus Bets

Check out the complete list of DraftKings bonuses that you can get your hands on right here – completely updated for 2020!

DraftKings Bonuses

When looking through the list of bonuses below, please keep in mind that DraftKings currently permits real money online sportsbook betting in New Jersey, West Virginia, Indiana, Pennsylvania and New Hampshire only. In New-York you can place bets in person across the Drfatkings Sportsbook in Del Lago Resort & Casino. In Mississippi sportsbook betting is open at another phisical location at Scarlet Pearl Casino Resort. Similarly, the operator offers retail sports betting in Iowa at any Wild Rose Casino & Resort location.  Legislation is still in the works for Kansas, Michigan, Illinois, Montana, Nevada, Oregon, Rhode Island, Tennessee, Colorado, Delaware, District Of Columbia and Arkansas. KS, MI, IL, MT, NV, OR, RI, TN, CO, DE, DC, AR

Sportsbook Welcome Bonus 

Members who are making their way from fantasy sports across to sports betting, or just brand new members in general can lock in a hefty bonus with DraftKings right now. As a first time sportsbook user you can get $20 in bonus sports bets from just a $5 deposit, and then the real attraction comes. 

The second part of this welcome bonus is a $500 bonus sports bet, which is a sure-fire way to kick off your membership in style. DraftKings advertises this as a bonus bet because the site up to the value of $500 effectively insures your first bet. If you win your first bet, great, but if you do not then DraftKings will refund the full amount (capped at $500).

Fantasy Sports Welcome Bonus 

If fantasy sports contests are your thing, there is some more good news. DraftKings has a welcome bonus for first time fantasy sports members. It’s not huge, but for just a $5 deposit you will get a $3 free-ticket to a contest of your choice. This is a great way to get started on the site and take a test run.

Of course the free-ticket will only allow you to enter a contest where the actual entry fee is $3. But you can browse the range of contests on the site prior to using this bonus, and then ensure that you enter a sport that is enjoyable for you. That is the beauty of this initial bonus really, as you can see what DraftKings is all about without needing to deposit too much cash.

Casino Weekend Warm-up

DraftKings is more than a sports betting brand these days, and the recent introduction of casino play is only broadening their product range further. This casino bonus actually provides you with bonus cash as a sports bet rather than casino play, but you must play through $5 in the casino first. After playing through $5 across any casino game, DraftKings will give you a $5 bonus sports bet to use as a reward.

Parlay Insurance 

By taking a chance on a parlay bet that consist of over 5 legs, DraftKings is offering a degree of protection through this bonus. Parlay bets can be thrilling, and agonizing if you miss out by just one game. DraftKings clearly knows the agony, and they are giving players their money back as a bonus bet if their parlay loses because of just one team. You can actually get up to $25 as a bonus bet through this promotion.

Pregame Protection NFL

It seems that DraftKings just loves offering protected bets for players – since this is yet another cash back promotion. This is specifically for NFL games, but if your team manages to score at least 24 points in any game but proceeds to lose, DraftKings will give your money back. Money back is given as a bonus bet up to $25.

Pregame Protection English Premier League

Isn’t it annoying when you back a winner of a soccer game, and both teams just cannot find the goal on the day! Not only does this cause your bet to lose, but also it makes the game incredibly boring to watch. So yet again, DraftKings has served up some protection against this event. If you back a winner on any English Premier League game and it finishes 0-0, DraftKings will give money back as a bonus bet – with a maximum of $25.

Bonus Terms and Conditions

All bonuses and bonus bet offers described here are eligible for customers located in NJ, IN, PA, NH, and WV only. Customers located in KS, MI, IL, MT, NV, OR, RI, TN, CO, DE, AR and DC will need to keep an eye out for when these bonuses become available in their State, while retail sports betting is open for in person wagers across partner casino and resorts: Del Lago Resort & Casino, Scarlet Pearl Casino Resort and Wild Rose Casino & Resort, in NY, MI, and IA respectively. 

Sportsbook Welcome Bonus

After opening your DraftKings account you have 7-days to deposit the $5 required to get $20 in bonus sports bets. This bonus carries just a 1x-wagering requirement, as does the second part of this bonus.

The bonus bet that is advertised works as follows: your first bet will be matched by DraftKings up to a value of $500, but this is rewarded as a separate bonus sports bet. This is only available to customers that have never made a sports bet with DraftKings previously, and the bonus is only valid for 30 days after it is issued.

Fantasy Sports Welcome Bonus 

Sign up and deposit $5 within 7 days of creating a fantasy sports account to get $3 in free tournament entry tickets. This free ticket is not redeemable for cash and it is valid for an entire year after it is credited to your account.

Casino Weekend Warm-up

By making a $5 bet on any specified blackjack game, DraftKings will match this with a $5 bonus sports bet. This will be credited to your account automatically within 3 days of making the qualifying bet, and the $5 bonus sports has a 1x wagering requirement that must be used within 7 days.

Parlay Insurance

You need to opt-in for this promotion before receiving it. By placing a 5+ parlay bet where each leg has a minimum odd of -300 you will be protected up to $25 (given if just one leg lets you down). The cash back amount will equate to the initial amount staked, and you have 7 days to use this bonus sports bet after receiving it.

Pregame Protection NFL

Opt-in and place an NFL bet to qualify for this bonus, and you will automatically be protected for a maximum of $25. You will receive money back if your chosen team scores over 24 points but still loses. The cash back amount that you receive will match your stake, up to $25 as a bonus bet. Bonus bets must be used within 7 days.

Pregame Protection English Premier League 

Get protected by up to $25 in bonus bets, just by betting on a goalless Premier League game this season. You must opt-in and place your wager before the game starts for this promotion, and bonus bets need to be placed within one week of receiving them.

Conclusion

We were quite impressed with the range of bonuses that DraftKings has to offer as we head into 2020. A few of these may change since betting providers regularly reassess their promotions once the New Year hits, so it is advisable to check in to ensure that these haven’t changed. However, with over 5 bonuses in total we are confident that DraftKings will continue to provide excitement and value for a significant length of time!

And finally as a reminder – all of the promotions mentioned in this article can only be accessed by players in NJ, IN, PA, NH, and WV. This could well change in the near future for players in KS, MI, IL, MT, NV, OR, RI, TN, CO, DE, AR and DC, while those in NY, MI and IA are elegible for retail sports betting in sleect partner locations. You may refer to the table below for a quick reference.

last update : July 2024