DraftKings Promo Code: Get $300 in Bonus Bets for NBA All-Star Saturday, CBB, 2026 Winter Games

New bettors can claim a DraftKings promo code offer worth $300 in bonus bets when wagering on NBA All-Star Weekend, college basketball or 2026 Winter Games events. This welcome promotion provides excellent value for Sunday, Feb. 16 betting action across multiple sports. DraftKings continues leading the way with competitive sportsbook promos for new customers.
How the DraftKings promo code offer works for All-Star Weekend betting
The DraftKings promo code promotion requires no special code entry for new users. Simply register, deposit $5 and place a qualifying $5 wager on any available market. If your initial bet wins, DraftKings awards $300 in bonus bets instantly or within 72 hours.
Key terms and conditions include:
• Make a minimum $5 deposit and select your bonus token before placing the qualifying wager.
• Winning $5 bets trigger 12 separate $25 bonus bets plus original winnings.
• Bonus bet stakes are not included in any potential winnings from those wagers.
• All bonus bets expire seven days after issuance.
For example, a winning $5 bet on Team Melo to advance in the Rising Stars competition would return the original stake plus winnings, while unlocking the full $300 bonus bet package. However, a losing wager on college basketball spreads would only result in the $5 loss without triggering 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.
Steps to claim your DraftKings new-user promo for weekend sports action
Follow these simple steps to secure your DraftKings Sportsbook promo code offer:
- Register by tapping the promotional link and entering required personal information for account verification.
- Make your first deposit of at least $5 using PayPal, debit card or preferred e-wallet option.
- Place a qualifying $5 wager on NBA All-Star Weekend, college basketball or Winter Games markets.
- Collect your $300 in bonus bets if your initial wager settles as a winner.
New users can explore additional features and betting options by reading our comprehensive DraftKings review.
Additional DraftKings promotions for existing customers during All-Star Weekend
Current DraftKings customers can access ongoing promotional opportunities beyond the new-user welcome offer. The sportsbook frequently updates its "Promos" section with profit boosts, same-game parlay insurance and special event bonuses. These rotating promotions often coincide with major sporting events like NBA All-Star Weekend festivities. Existing users should regularly check the mobile app's promotional tab to discover the latest betting enhancements and bonus opportunities available for their accounts.
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.