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DraftKings Promo Code: Bet $5, Get $200 Bonus Bets for NBA, College Basketball, and Genesis Invitational Action
New bettors can claim a valuable welcome offer with no DraftKings promo code required. The bet $5, get $200 bonus bets promotion is perfect for Thursday's packed sports schedule featuring NBA games, college basketball matchups, and the Genesis Invitational. Check out the latest sportsbook promos available Feb. 19.
How the DraftKings promo code offer works for Thursday's sports action
This DraftKings promo code offer requires no code entry to activate the welcome bonus. New users simply need to register, deposit at least $5, and place their first qualifying wager of $5 or more on any available market.
The promotion works on a win-only basis, meaning you only receive the bonus bets if your initial $5 wager wins. If successful, DraftKings awards eight $25 bonus bets totaling $200 in value, delivered instantly or within 72 hours.
Key terms and conditions include:
• Must select the promotional token before placing your minimum $5 bet.
• Bonus bets expire seven days after issuance.
• The bonus bet stake is not included in any winnings.
• Complete a 1x wagering requirement before withdrawing bonus-derived winnings.
For example, if you bet $5 on the Boston Celtics to beat the Golden State Warriors and they win, you receive $200 in bonus bets plus keep your original winnings. However, if the Warriors win instead, you only lose your initial $5 stake without receiving any bonus bets.
This DraftKings promo is available to new customers in the following states: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY. Bonus not available in Ontario, Canada.
How to claim the DraftKings new-user promo for Thursday's games
Follow these simple steps to secure your DraftKings Sportsbook promo code offer and start betting on Thursday's NBA, college basketball or Genesis Invitational action:
- Download the DraftKings Sportsbook app and complete the registration process by providing personal information and verifying your identity.
- Make your first deposit of at least $5 using any accepted payment method.
- Select the promotional token in your account before placing any bets.
- Place your qualifying $5 wager on any available sports market, including Thursday's games.
- If your bet wins, receive eight $25 bonus bets totaling $200 in value.
Read our comprehensive DraftKings review for more details about the sportsbook's features and betting options.
Additional DraftKings promo codes and ongoing offers
DraftKings consistently provides existing customers with various promotional opportunities beyond the new-user welcome offer. Regular users can find daily odds boosts, profit boosts, and special event promotions by checking the "Promos" section within the DraftKings Sportsbook app.
These ongoing promotions often feature enhanced odds on popular betting markets, parlay insurance offers, and seasonal bonuses tied to major sporting events. The sportsbook frequently updates these offers, so checking regularly ensures you don't miss valuable opportunities to maximize your betting experience.
Odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.
An award-winning author at just six years old (it’s true!), Jeff has parlayed early-life accolades into a prominent role in the sports betting content space with Sports Illustrated. As content manager, he leads a talented team of expert betting analysts and sportsbook reviewers focused on delivering industry-best experiences to North American bettors. Jeff joined SI in 2024 and has since been a driving force in enhancing the team’s sports betting coverage. With his inventive mindset and relentless pursuit of "best-in-class" content, Jeff ensures SI readers have access to unparalleled betting analysis that’s comprehensive, unbiased, and well-researched. Jeff’s primary goal is to give new and casual bettors the confidence they need to come to their own conclusions when deciding how and where to bet online. Before joining the SI team, Jeff was a senior editor at Covers, where he laid much of the groundwork for the brand’s commercial sports betting content strategy. Known for his industry knowledge and product expertise, Jeff has been a leading voice with his coverage of burgeoning legal sports betting markets like New York, Ohio, and Ontario. An avid bettor himself, Jeff is a strong proponent of line shopping and sticking with a consistent, manageable unit size. He primarily wagers on MLB, NFL, and NHL player props and cites bet365, Pinnacle, and Sports Interaction as his most-used sportsbooks. Jeff holds a BBA from St. Francis Xavier University. His work has been featured in Newsweek and referenced in news media outlets like the Calgary Herald, Financial Post, and Toronto Sun. The Nova Scotia native has crafted and edited over 400 articles and guides across the sports, iGaming, e-learning, and software industries since 2020.