Draftkings Sign-Up Bonus Apr 2020

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DraftKings has been a leader in the world of fantasy sports, but the sportsbook and casino sections have also seen rapid growth in popularity. This has been done to a string of bonuses and promotional offers.

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Welcome Bonus - Sportsbook Win up to $1,000 Deposit Bonus GET DRAFTKINGS PROMO CODE>
Parlay Insurance Win up to $25 in free bets GET DRAFTKINGS PROMO CODE>
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Offers and Bonuses for Sportsbook & DFS

Sportsbook Welcome Offer

There are different offers and bonuses for each section of DraftKings. Players who are signing up with the sportsbook stand to get $1000 as a sign-up bonus. This would be split up into two portions – a deposit bonus and a risk free bet using this welcome promo code. Each portion is worth $500. A player has to deposit at least $2500 in order to receive this maximum bonus since the match is done at 20%. Currently, it is open to New Jersey, Indiana, and Pennsylvania. Illinois users will have to wait for DraftKings’ launch.

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Parlay Insurance

A player will get $25 in bonuses when one of their 5+ parlays ends up as a loss. A regular bet on every sport is included in this offer, but in-play bets will not applicable.

No Goals, No Problem

The player will receive $25 as a bonus if any game in the English Premier League ends up as a goalless draw. In order to qualify for the offer, a pre-game single moneyline bet should be placed on any of the English Premier League matches.

Fantasy Sports Welcome Offer

A new player who signs up for the fantasy sports section of DraftKings will get $500 in bonuses. Players will also receive a free entry to a fantasy football contest. Once again, the deposit will be matched at 20%. There is no risk free bet provided with this bonus. Currently, fantasy sports is in all places like New Jersey, Indiana, Pennsylvania, Kansas, Michigan, and Illinois.

Achievements

A player can earn rewards by completing achievements in various sports like golf, NFL, basketball, hockey, and more. As players collect more rewards, they boost their status and relationship with DraftKings. Depending on the sport, the duration of these challenges will differ. For example, NFL play-off achievements last throughout the play-offs, while NBA achievements will last the whole season.

Missions

A player will open up new missions every day when they log in. As they complete each mission, they can win bonus rewards which can help earn them site credits. The site credits can be used on the shop for contest tickets.

Daily Rewards

Players receive a brilliant opportunity to pick up more rewards, which translate into more site credits for contest tickets when they log in daily. Rewards are provided on a daily basis and a player is put into different tiers based on their collected rewards.

Casino Welcome Offer

A new player who signs up for DraftKings’ casino section will be covered by a risk-free wager. Any losses that they make within 24 hours after signing up will be covered up to $50. This offer is applicable only for new players. The covered value will be available to users as site credits.

DK Live Dealer Happy Hour

This offer is applicable to live dealer games at DraftKings casino. If a player manages to spend time on the live dealer games on the platform during happy hours, they stand to win lucky cards which are worth from $10 to $50. Once again, these funds would be available as site credits.

DraftKings Christmas Blackjack

The blackjack titles at DraftKings would provide a $10 risk-free wager if a player suffers net losses of $10 or more. For example, a player manages to suffer net losses of $10 after winning $30 in one blackjack hand and losing $40 on the other hand. Now, the $10 loss will be refunded.

Bonus Terms

draftkings bonus terms

Sportsbook Welcome Offer

The player has to make a minimum deposit of $5 to qualify for this offer. The deposit bonus is calculated after matching the first deposit at 20%. The upper limit of bonus will be $500, which is only available as site credits. Once it has been credited into the account, players have to meet play through requirements before April 2020. The bonus carries a wagering requirement of 25X, which means that $250 of the bonus has to be wagered to release $10 for withdrawal. The bonus can be wagered on all offerings from DraftKings – sportsbook, daily fantasy contests, and casino products. A contribution to the wagering requirements is meant only when betting on markets that have odds greater than -300 or more.

Parlay Insurance

The parlay can be placed on any sport, but each leg should have odds of at least -300 or more. Any in-event parlays not count as part of this offer. Moreover, only users from New Jersey, Pennsylvania, and Indiana can take part. The states like Michigan and Kansas will have to wait further. Even though Illinois is open to sports betting, DraftKings does not have a presence.

No Goals, No Problem

The goalless draw refund offer is applicable only on markets that have minimum odds of at least -250 or more. The cash out bets, free bets, parlays, odds boast, and voided bets do not qualify for the offer. The bonus is also available only on English Premier League matches.

Fantasy Sports Welcome Offer

The bonus funds received by fantasy players can be used on any section of DraftKings to meet the wagering requirements of 25X.

Casino Welcome Offer

The bonuses come with a one-time wagering requirement. The net losses have to be arrived after a casino play with more than $1.

DK Live Dealer Happy Hour

In order to qualify for the offer, players need to wager on Live Dealer Blackjack during the specific hours and they should deal with a Lucky Card. The bonus, which is paid out as site credits, should be wagered one time.

DraftKings Christmas Blackjack

This offer once again plays out bonuses as site credits, which come with a 1x wagering requirement. Only players in the state of New Jersey are eligible for the offer.

Conclusion

DraftKings has interests in fantasy sports, sports betting, and casino play. It is not a surprise that all sections receive promotional offers from the operator. These offers target almost every section of the user base, and they serve to enhance value quite drastically. A player who capitalises on the presence of these bonuses would not be disappointed with choosing DraftKings.