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DraftKings Promo Code Delivers $300 Bonus for NBA All-Star Weekend, College Basketball, and 2026 Winter Games
New users can capitalize on NBA All-Star Weekend excitement with a DraftKings promo code offer that delivers substantial value. The bet $5, get $300 in bonus bets promotion activates when your qualifying wager wins on Friday, Feb. 13. DraftKings provides excellent sportsbook promos for major basketball events like the Rising Stars competition and crucial college matchups.
How the DraftKings promo code offer works for basketball betting
This DraftKings new-user promo operates without requiring any special code entry, making activation straightforward for basketball fans. No DraftKings promo code is needed to access the promotion. New customers simply deposit $5, select their bonus token, and place a qualifying $5 wager on any available market.
Key terms for this DraftKings Sportsbook promo code include:
• Minimum $5 deposit required to activate the bonus token.
• Place a qualifying $5 bet on any sports market to trigger the promotion.
• Winning bets receive $300 in bonus bets (12 separate $25 bonus bets) within 72 hours.
• Bonus bets expire seven days after issuance.
• Bonus bet stakes are not included in any winnings.
For example, if you bet $5 on Team Melo to win the Rising Stars tournament at +200 odds and they capture the title, you would receive your $15 in winnings ($5 stake plus $10 profit) plus the $300 bonus bet package. However, if Team Austin wins instead, you would lose your $5 stake and receive no bonus bets. The same principle applies to college basketball wagers, where a winning $5 bet on a conference favorite could unlock the full bonus package.
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.
Steps to claim your DraftKings new-user promo for basketball action
Securing this promo code for DraftKings requires completing a simple registration and betting process. Follow these steps to activate your bonus opportunity:
- Register with DraftKings Sportsbook by providing personal information and confirming your identity.
- Make your first deposit of at least $5 using PayPal, debit card, or another preferred payment method.
- Select your bonus token and place a qualifying $5 wager on NBA All-Star Weekend or college basketball markets.
- If your bet wins, receive $300 in bonus bets and withdraw your initial winnings after using the bonus funds.
For additional insights about this sportsbook's features and betting options, check out our comprehensive DraftKings review.
Additional DraftKings promo codes and ongoing offers
Beyond this welcome promotion, DraftKings consistently provides existing customers with various bonus opportunities and enhanced odds. Regular users can discover daily profit boosts, parlay insurance offers, and special event promotions by navigating to the 'Promos' section within the DraftKings Sportsbook app. These ongoing DraftKings promo codes help maximize betting value throughout the basketball season and beyond major events like All-Star Weekend.
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.