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DraftKings Daily Fantasy Promo Code: How to Claim The DraftKings $500 Promo

Name: DraftKings Fantasy Bonus
Brand: DraftKings Fantasy

4.5/5

DraftKings is an established sportsbook and fantasy sports market brand with a reputable history to boot. For this review, we have done our homework on the DraftKings bonus codes, welcome bonuses, and other promotions it has in store for players.

The idea is to provide our readers with clear insights on what to expect and how to use these offers to the maximum. We've made some incredible discoveries during our research and can't wait to share them with you. Come on, then. Let's get into it.

DFS

DraftKings Fantasy DFS Bonus

20% up to $500 + free $3 ticket

Promo Code

Go to DraftKings Fantasy

Get bonus now

Players from California accepted

18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.

Details

Payment Methods

User Reviews

Payment Methods: +
License
Award: EGR - Operator of the year (2023)
Withdrawal: 0 – 5 Days
Company: DraftKings Ltd
Founded: 2012
Website: sportsbook.draftkings.com
Available Languages: EN
Customer Support: Live Chat, Phone, Email Support
Email: [email protected]
Phone: 877-659-6066
Verified by: GamCare

Payment Provider	Deposit time	Withdrawal time	Safety	Approval rate
	instant	1 - 2 days	very high	High
	instant	1 - 3 days	very high
	instant	1 - 3 days	high
	instant	2 - 5 days	high
	instant		high
	instant	1 - 3 days	high
	instant	1 - 3 days	high
	instant	1 - 2 days	high
	instant	1 - 3 days	some
Cash	instant	instant	low risk

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Allan Howe

Editor

Last Updated on 08/21/2024

Fact checked by: Vicky Winters

Introduction to DraftKings sign-up bonus

DraftKings Daily Fantasy Sports bonus We have covered many operators in our reviews and found many unique sign-up bonuses. However, across all the Daily Fantasy Sports betting sites we have reviewed, the 100% deposit-match DraftKings sign-up bonus valued up to $500 is among the highest we have seen.

The offer is more interesting because you don't necessarily require a special DraftKings promo code to claim it.

DFS Deposit Bonus

20% up to $500

+ free $3 ticket

18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.

Get Bonus

Is DraftKings available in your state?

Check out our table below to see if Draftkings is available in your state and also be on the lookout for your state-exclusive promo code so you can start enjoying their welcome offer today:

State:	Bonus Offer:Bonus Code:	Get Bonus:
Arizona	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy AZ
California	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy CA
Colorado	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy CO
Connecticut	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy CT
Washington, D.C.	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy DC
Florida	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy FL
Georgia	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy GA
Iowa	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy IA
Illinois	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy IL
Indiana	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy IN
Kansas	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy KS
Kentucky	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy KY
Louisiana	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy LA
Massachusetts	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy MA
Maryland	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy MD
Michigan	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy MI
North Carolina	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy NC
New Jersey	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy NJ
New York	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy NY
Ohio	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy OH
Pennsylvania	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy PA
Tennessee	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy TN
Texas	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy TX
Virginia	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy VA
Vermont	20% up to $500 Go to DraftKings Fantasy	Join DraftKings Fantasy VT

Show more entries

How to use DraftKings welcome bonus

Finding the bonus and claiming it is only a matter of minutes if you follow the steps below:

Sign-up

Enter the DraftKings website into your browser. Create an account by filling in the form with your personal details as well as setting a password of your choosing and log in.

Make a deposit

Since the welcome bonus is deposit-based, it's imperative that you make a first deposit of at least $5. Anything lower will not qualify you for the bonus.

Fulfill wagering requirements

The wagering requirement for the welcome offer is a little complicated. Every $25 win you get on a wager returns $1 in site credit. Thus, to receive the highest potential winnings, you need to match your bonus amount and site credit. As convoluted as that sounds, everything boils down to a 25x wagering requirement.

Stick to the timeline

The operator offers players a generous stretch of 90 days to fulfill wagering requirements. This timeline is enough to take things at your own pace.

Play

From its huge NBA market that is a shoo-in for one of the best NBA DFS sites in the United States to the variety of games, including NHL, MLB, and more, there are enough games to keep you entertained on DraftKings. The operator is even up there with high-ranking NCAA DFS sites since it covers collegiate-level football, too.

Top 5 expert tips to take advantage of the DraftKings sign-up bonus

We experimented with a handful of strategies with our first DraftKings promotion, allowing us to find a winning formula. You can give it a go yourself:

Look into player analysis

In the world of daily fantasy sports, pro players tend to make analyses based on player performances in the real world, create personalized lineups, and predict future potential. There is absolutely nothing to prevent you from using these analyses to improve your game.

Pursue maximum bonus

We don't typically recommend maxing out your welcome bonus. In fact, we preach the opposite. However, with the DraftKings sign-up bonus, you should go for the highest maximum deposit bonus of $500 if you can afford to.

With this bonus, you will be able to enter loads of tournaments and increase your chances of winning loads of prizes compared to having a smaller bonus.

Try beginner tournaments

Regardless of your budget, we recommend entering beginner-level events, as they have lower entry fees and improve your chances of winning.

Read our reviews

This is one of many DraftKings Fantasy reviews we have covered. We encourage you to check out our other guides for insights on navigating the platform as a whole, not just the bonuses.

Play responsibly

Regardless of our findings about maxing your welcome bonus, we strongly believe in responsible gaming and endorse it. Do not stray from safe playing habits.

Frequently asked questions about the DraftKings welcome bonus

1. What can I do if I forget to input the promo code I need to activate the offer?

DraftKings promo codes aren't a necessity for claiming the welcome bonus. However, if you do have one and didn't apply it, consider contacting customer support for answers.

2. When does this offer expire?

You have 90 days to fulfill the wagering requirement.

3. What happens if I don’t complete the playthrough requirements within the time limit?

Failing to meet the playthrough requirements within a generous timeframe will most likely result in forfeiture.

Additional rewards & loyalty programs at DraftKings

DFS sites aren't renowned for their offers, but the slew of available DraftKings promotions we found begs to differ. Players can take advantage of Daily Rewards, an offer that provides Crowns to players based on how many consecutive days they play on the platform.

Then, there is the referral bonus, which offers up to $100 in free bets for inviting a friend to sign up and claim the welcome bonus.

We couldn't find anything on loyalty systems, but the variety of recurring offers more than makes up for that.

DFS Vertical

DraftKings may have just one sign-up bonus, but it's good. Here is a first-person POV of how we perceived the bonus:

Reality Test

After creating our account and logging in, we claimed the welcome bonus by making a first deposit. The bonus was credited to our account within 24 hours, marking the start of the 90-day validity period.

We entered various events, from high variance best ball tournaments to more beginner-level tournaments, and found the bonus to work seamlessly regardless of the DFS restrictions. The bonus was also useful in helping us navigate the platform and understand it better.

Bonus withdrawal

Withdrawing the bonus was fairly simple. After meeting the 25x wagering requirement within the given time, we entered the payments section and withdrew our winnings through one of the available payment channels: checks, PayPal, and bank cards.

Pitfalls and What to avoid when claiming the bonus

The DFS spin on the 25x wagering requirement sure makes for a head-scratcher. However, the 90-day timeline is more than enough to meet it; otherwise, you risk losing the bonus.

Final Verdict

The playing experience with the welcome bonus is great, combined with the many markets and games players can enter. The ease of withdrawing bonus winnings also adds to the luster of the platform, showing the operator's inclination to simplicity and ease of use.

DFS Bonus

4.5/5

20% up to $500

Deposit Bonus

18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.

Go to DraftKings Fantasy

Get Bonus

DraftKings sign-up bonus Conclusion: Hit or Miss?

The DraftKings welcome bonus is easily one of the best we have found in our reviews. Save the somewhat convoluted wagering requirement; the offer is quite straightforward and offers a generous amount of time to complete. We found it extremely satisfactory and on par with the standard of such a renowned brand.

DFS Bonus

4.5/5

20% up to $500

Deposit Bonus

18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.

Go to DraftKings Fantasy

Get Bonus

DraftKings Bonus Code FAQs

?? Does DraftKings fantasy pay real money?

We have found that DFS sites tend to operate like social casinos, using in-house virtual tokens. This helps to differentiate them from sportsbooks and create a different monetary system in the process. See our full review to learn more about how DraftKings fantasy manages bonus payouts.

?? What is the minimum deposit for the DraftKings fantasy bonus?

Welcome bonuses tend to have upper and lower deposit limits. These boundaries help operators to manage the offer and how it can be used. See our comprehensive guide to find out about deposit limits for DraftKings fantasy.

? Is the DraftKings fantasy bonus good?

Players tend to judge welcome bonuses based on factors like wagering requirements, maximum potential bonuses, and entry requirements. To see how the DraftKings fantasy bonus fares against these factors, visit our website today.