DraftKings Promo Code Delivers $300 in Bonus Bets for Big Game Coin Toss Betting

New users can claim a DraftKings promo code offer worth $300 in bonus bets by placing a $5 wager on the Big Game coin toss. This promotion is available through Feb. 8 and provides an excellent opportunity to explore sportsbook promos during one of the year's biggest sporting events.
How the DraftKings promo code works for Big Game coin toss betting
The DraftKings promo code promotion requires no code entry and activates when new customers place their first $5 bet. If your qualifying wager wins, DraftKings instantly awards $300 in bonus bets plus your original winnings. The coin toss market offers nearly even odds with heads and tails both priced at -103.
For example, if you bet $5 on heads and the coin lands heads up, you receive approximately $4.85 in winnings plus the $300 bonus bet package. If the coin lands tails, you only lose your original $5 stake and receive no bonus bets. The terms and conditions include several important details:
- Minimum $5 deposit required to activate the bonus token.
- Bonus bets arrive as 12 separate $25 tokens within 72 hours of a winning bet.
- Bonus bet stakes are not included in any winnings from bonus wagers.
- All bonus bets expire seven days after issuance.
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 the Big Game
Getting started with this DraftKings Sportsbook promo code offer takes just a few minutes and four simple steps.
- Register by tapping the promotional link and entering your personal information to create your account.
- 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 bet on the Big Game coin toss or any other sports market.
- Collect your $300 in bonus bets if your initial wager wins, then use them within seven days.
Read our comprehensive DraftKings review for additional details about the platform's features and betting options.
Can you legally bet on the coin toss?
Many sportsbooks do offer coin toss odds, but availability varies by state—even in places where sports betting is legal and regulated. Some jurisdictions don’t allow novelty prop markets at all. Below are the states where you can legally bet on the coin toss:
- Arizona
- Arkansas
- Colorado
- DC
- Illinois
- Indiana
- Iowa
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Nevada
- New Hampshire
- New Jersey
- New York
- North Carolina
- Oregon
- Pennsylvania
- Virginia
- West Virginia
- Wyoming
Additional DraftKings promo codes and ongoing offers
Beyond this new-user promotion, DraftKings consistently provides existing customers with various bonuses and betting boosts throughout the year. Current users can discover daily promotions, profit boosts and special event offers by navigating to the 'Promos' section within the DraftKings Sportsbook mobile app. These ongoing promotions complement the welcome offer and provide continued value for regular bettors who want to maximize their wagering potential across different sports and markets.
- NFL First Half Early Exit: DraftKings’ Early Exit program gives you cash credits if your wager is heavily affected by a player who leaves the game in the first half due to injury and does not return.
Thursday Night Football 50% SGP Boost: Score a 50% Profit Boost to use on your Same Game Parlay for Thursday Night Football!
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.