DraftKings Promo Code for November 2026: Bet $5, Get $200 in Bonus Bets + 3 Months NBA League Pass

The DraftKings promo code offer unlocks a Bet $5, get $200 in bonus bets + 3 months of NBA League Pass welcome bonus for new users. There is no code required. Register today, place your $5 qualifying wager, and once the bet settles, the bonus bets will hit your account. $50 initially, followed by $150 over the next 21 days.

Get your bonus bets and starting betting on Thursday Night Football between the Jacksonville Jaguars and the Baltimore Ravens.

What is the DraftKings new user offer right now? November 2026

SI verified: On November 4, 2026, I evaluated the DraftKings sign-up experience, verified that the welcome offer can be activated without entering a promo code, assessed how the promotion stacks up against FanDuel's bonus conditions, and reviewed which states are eligible.

🎁 Welcome bonus	Bet $5, Get $200 in Bonus Bets + 3 months of NBA League Pass
👤 Who's it for?	New DraftKings Sportsbook users in eligible U.S. states
🇺🇸 DraftKings states	AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY
✍️ Terms and conditions	Min. $5 deposit and wager; receive two $25 bonus bets instantly, then two $25 bonus bets every seven days for 21 days via click-to-claim. Also receive a three-month free trial to NBA League Pass.
⏳ Offer expiry	Nov. 29, 2026

DraftKings promo code testing process

The latest DraftKings promo code has been evaluated using SI's comprehensive bonus review methodology. This process combines hands-on testing and feedback from experienced reviewers and sportsbook users to assess everything from promotional requirements and how easy the offer is to claim, to cashing out winnings and determining the actual value available to new bettors. Below is a breakdown of how the current DraftKings promotion performs across each of SI's key evaluation categories.

Testing process	Description	My experience with the DraftKings promo
1. Register a new account	A Sports Illustrated reviewer goes through the complete DraftKings onboarding process, including creating an account, confirming their identity, and enabling location services.	I completed my DraftKings registration through the mobile app in under 2 minutes. Both identity verification and the location check went smoothly, with no delays or technical problems.
2. Deposit and bet	We fund a new account, make the required opening bet, and measure how quickly DraftKings delivers the promotional credits.	I funded my account with $5 using Interac, and the deposit appeared immediately. I then placed a $5 moneyline wager on the Panthers. Although the bet lost, DraftKings awarded my bonus bets without any issues or need to contact customer service.
3. Confirm the bonus structure	For the current "Bet $5, Get $200 in Bonus Bets" promotion, we verify when the initial rewards become available and whether the remaining credits are distributed as promised over 21 days.	My first two bonus bets became available immediately after I submitted my Panthers wager. The rest were released in weekly installments, and I was able to collect them through the app's click-to-claim feature.
4. Test the bonus structure	We test whether bonus wagers can be placed successfully and check how restrictions involving minimum odds, promotional boosts, and expiration dates apply in practice.	I successfully redeemed my bonus bets across several NFL matchups without encountering any major restrictions. However, when I attempted to pair one of the bonus bets with a 30% parlay boost, DraftKings wouldn't allow the combination.
5. Attempt a withdrawal	We request a payout from winnings earned through promotional wagers to determine whether the withdrawal process includes any unexpected conditions or obstacles.	I submitted a withdrawal request for my bonus bet winnings and tracked the processing time. The funds reached my Interac account 35 minutes later, with no additional wagering requirements preventing the payout.
6. Cross-reference the terms and conditions	Our review includes checking the official DraftKings offer conditions against the promotional messaging displayed during registration to identify potential inconsistencies.	Everything I encountered matched the published promotion rules. I also attempted to apply two bonus bets to a single wager, but DraftKings rejected the combination, consistent with the restrictions outlined in its terms.
7. Repeat the process on different devices	Another SI betting expert conducts the same evaluation using DraftKings' desktop platform to determine whether the experience differs between devices.	Fellow Sports Illustrated sports betting editor Ryan Hagen independently tested the promotion on desktop and reported largely the same results. The main difference came during withdrawal: he selected his Apple Pay rather than his debit card and waited around three hours for the funds to hit his account.

How the DraftKings promo code actually works

The DraftKings Sportsbook promo code is one of the best sportsbook promos to claim for new users, thanks mainly to its easy-to-meet terms and conditions.

By using the links on this page, the bonus code is automatically applied, and all you have to do afterward to get the $200 in bonus bets is complete registration, make your first deposit, and place your first qualifying bet.

Complete these steps below to get your bonus activated within five minutes.

Terms and conditions

Make a minimum $5 deposit and a qualifying wager of at least $5 on any sports betting market. The DraftKings promo code will automatically apply once you meet these requirements.
DraftKings will credit your account with $200 in bonus bets, regardless of the outcome of your first wager.
You will receive an initial $50 in bonuses (two $25 bonus bets), followed by six $25 bonus bets over the next 21 days, totaling $200.
The staked amount is not included in any winnings generated by the DraftKings new user promo.
The bonus bets expire seven days after being issued.
This DraftKings sign up bonus offer expires on Nov. 29, 2026.

How to claim the DraftKings promo code

U.S. bettors can claim the DraftKings welcome bonus without an actual promo code, and signing up on one of our top sports betting apps will only take a matter of minutes.

I'll guide you through each step below, with screenshots to help you out along the way.

1. Registration and offer activation

First, download the DraftKings Sportsbook app using the links on this page. Then register a new account. No specific promo code is required to take advantage of this bonus offer.

Provide all of the personal details needed to complete the verification process. This should be relatively straightforward.

2. Deposit funds

Before you deposit, try to settle on an amount that is optimal and will allow you to get the most out of both of the DraftKings bonuses. Your first deposit will allow you to activate the 'bet and get' offer, but will also determine how much of the DraftKings 20% deposit match up to $1,000 you can claim.

A $5,000 deposit is required to receive the full 20% deposit match up to $1,000 and you only have 90 days to clear the bonus.

Once you're settled, make your deposit to activate the welcome offers. You'll have your choice of popular deposit options like Apple Pay, Visa, Mastercard, and PayPal. All trustworthy choices. Credit Cards can be used for Fantasy Sports only on DraftKings.

3. Place a qualifying bet

Place your first cash bet of $5 or more, and you'll receive your bonus bets — delivered as one initial $50 followed by three $50 bonuses every seven days.

4. Receiving and claiming bonus bets

You've now made the deposit and your initial wager, and will receive your bonus bets in your profile tab, whether that first bet wins or loses.

Receiving bonus bets from DraftKings — Sports Illustrated

What I like about the DraftKings promo code

There is a lot to like about the structure of the current DraftKings new-customer offer. The clearest advantage is the ratio between the required qualifying wager and the max reward. A $5 minimum cash bet for $200 in bonus bets is about as good as it gets, and throw in a 3-month NBA League Pass subscription on top of that.

Getting the bonus on a winning or losing qualifying wager is also a huge plus, as it removes a major source of uncertainty. You can either go big game hunting with a long shot or a safer bet using one of the best NASCAR betting sites and best F1 betting sites.

What I dislike about the DraftKings promo code

I'm not a huge fan of the terms on the DraftKings bonus bets, which are somewhat constraining. The bonus bets come in $25 tokens, are non-withdrawable (not cash), and expire after seven days. Allowing for more flexibility (in terms of bet sizing) and a longer expiry period for bonus bets would make their offer more attractive

The stringent wagering requirements on the deposit match bonus are my least favorite part of the DraftKings bonus. The DraftKings deposit match provides solid value for higher-stakes bettors; however, I would still like to see DraftKings make it easier for new bettors to wager through the deposit match and unlock more of the bonus up front.

My DraftKings promo code experience

The offer I claimed

When I tested the DraftKings promo in 2022, the offer was a deposit match bonus of up to $1,000 in bonus bets. The amount extended was only 20% of the deposit amount, so I received $200 back after a $1,000 deposit.

Here's how the offer worked for me:

Details	Dollar value
Welcome offer	Deposit match of up to $1,000
Qualifying wager	$5
My deposit amount	$1,000
Bonus bets received	$200

How the current DraftKings offer compares

DraftKings’ current bet $5, get $200 in bonus bets offer is more accessible than its 2022 welcome bonus. The 2022 offer provided a 20% deposit match up to $1,000, but to get the full bonus, I needed a $5,000 deposit and $25,000 in qualifying wagers within 90 days.

The current offer requires just a $5 qualifying bet to earn $200 in bonus bets, making it easier for casual bettors to use. However, bonus bets aren’t the same as cash because the stake isn’t returned on winning bets.

How I'd use the current promo

I’d make the minimum $5 qualifying wager since betting more doesn’t increase the bonus. For the $200 in bonus bets, I’d avoid heavy favorites, where the potential return is limited because the bonus bet stake isn't returned.

Instead, I’d use the eight separate $25 bonus bets on reasonably priced straight bets, focusing on value rather than trying to use them all quickly.

How we verified this DraftKings offer

Tested by: John Green, Betting Editor
Latest offer verification: November 5, 2026
Testing location: Ohio, USA
Account funding: Self-funded
Offer tested: Bet $5, get $200 in bonus bets, plus three months of NBA League Pass
Result: Current promotional terms verified. The $200 reward is advertised as four $50 installments, issued as eight $25 bonus bets over 21 days. Account-level receipt and redemption have not been independently documented.

Our latest verification focused on DraftKings' current welcome offer, including the minimum $5 deposit and qualifying wager, bonus distribution schedule, redemption requirements and expiration rules.

The offer provides an initial $50 in bonus bets after the qualifying wager settles, followed by three additional $50 installments at seven-day intervals. Subsequent installments require users to claim their rewards within the designated window. Each $25 bonus bet expires seven days after issuance, and promotional stakes are excluded from winning payouts.

We also reviewed the accompanying three-month NBA League Pass promotion, which requires redemption by December 19, 2026, and automatically renews at the prevailing subscription price unless canceled.

DraftKings ongoing promos for current users

DraftKings advertises additional promotions for existing customers, including profit boosts and event-specific offers. Availability and eligibility can vary by account, location and date.

DraftKings has great promos across several sports, which is one of the main reasons it ranks near the top of our list of the best soccer betting sites. Make sure you check them out today.

🎁 Here is the promo I claimed this week

DraftKings promotion	Date tested	Stake and odds
🏈 NFL SGP Boost	Nov. 5, 2026	$5, boosted from +455 to +592

DraftKings NFL boost — Sports Illustrated

I claimed an NFL Week 9 Thursday Night Football same-game parlay which grants a 30% profit boost on the Jacksonville Jaguars vs. Baltimore Ravens game on November 5, 2026. I took the Jaguars moneyline, Derrick Henry to scorea a touchdown and Zay Flowers to record 50+ receiving yards. After I opted in to the promo, as soon as I made my selections the boost token was clearly visible in my betslip. The bets odds boost from +455 to +592 increased the potential payout from $27.75 to $34.60 off of just a $5 wager.

For every promotion, I like to check the opt-in requirements, eligible markets, maximum stake, expiration, and whether the promised benefit was applied.

See where DraftKings stacks up among the best MLB betting sites ahead of the 2026 playoffs.

➡️ DraftKings Early Exit

Among DraftKings’ ongoing benefits, the Early Exit feature offers bettors a safety net when a player exits a game early due to injury and doesn’t return. On qualifying single bets, you’ll receive your original stake back in cash credits.

For parlays and same-game parlays, the leg impacted by the player’s early exit is removed, and your overall odds are adjusted to reflect the remaining selections. If those remaining bets win, you get paid according to the recalculated odds. This helps you stay protected when injuries change the game and your bet, unexpectedly, making DraftKings a top option if you're looking for parlay betting sites.

Refer a friend

Make sure to take advantage of the DraftKings refer-a-friend program, where you can earn up to $500 in bonus bets. Refer a friend, and once they make a wager between $25 and $100, you'll both receive bonus bets equal to that amount.

DraftKings bonus comparison

Here’s a look at how the DraftKings sign-up bonus stacks up against some other top betting sites in the industry.

BetMGM bonus

The BetMGM promo code offers up to $1,500 in bonuses. Place your opening wager, and if it loses, BetMGM refunds the stake as bonus bets.

While the headline value is high, the bulk of the bonus only triggers if your first bet loses. Compared to DraftKings’ bet-and-get offer, BetMGM’s promotion is less predictable.

FanDuel promo code

The FanDuel sign-up bonus keeps things straightforward: Up to $200 in bonus bets. There are no odds restrictions on the qualifying wager.

Just place a $5+ wager between 3:00 AM ET and 11:59 PM ET on each day for four straight days to be eligible for the bonus bets. Your account will be credited with a $50 bonus bet each day, totaling $200 in value.

Fanatics Sportsbook bonus

The Fanatics bonus code SIBONUS350 takes a very different approach from DraftKings’ bet-and-get model. New users earn FanCash bet matches $50 over seven days for a total of $350.

FanCash expires at 11:59 p.m. of each day so make sure you're using the sportsbook consistently to maximise this offer.

bet365 bonus code

The bet365 bonus code is great forflexibility, offering two distinct welcome bonus paths. New users can choose a low-risk bet-and-get option or a higher-stakes safety net.

You can bet $10 and get $200 win or lose, or opt for a $1,000 First Bet Safety Net that refunds your stake as bonus bets if your opening wager loses. This makes bet365 a strong alternative for bettors who want either certainty or protection on a larger first bet, rather than a win-dependent bonus like DraftKings.

theScore Bet promo code

Our theScore Bet promo code SIBONUS grants new users access to a First Bet Reset bonus of up to $1,000. If your qualifying bet loses, you'll receive five bonus bets worth 20% of your staked amount.

Hard Rock Bet promo

The Hard Rock Bet promo code grants new users up to $500 in bonus bets. Place a $5 qualifying wager to unlock your first no sweat bet token. If the wager placed with that token loses, you'll receive a $50 bonus bet. Continue this process every day for 10 straight days.

Compared to DraftKings, Hard Rock's structure puts more weight on that first bet, since a loss means no bonus at all. DraftKings' current offer, by contrast, pays out its bonus bets regardless of whether your first wager wins or loses, giving new users a lower-risk path to bonuses.

🏈 Make sure to check out the best Super Bowl betting promos from all the bestSuper Bowl betting sites.

How we rate the DraftKings promo code offer

Simplicity 5/5 ⭐⭐⭐⭐⭐ – Claiming the DraftKings promo offer is quick and straightforward. Simply create an account, make a qualifying deposit, place a $5 wager, and win or lose, your account will get credited with $200 in bonus bets.

Value 5/5 ⭐⭐⭐⭐⭐ – Getting $200 in bonus bets from just a $5 deposit provides excellent value. It’s a compelling offer for virtually any bettor looking to sign up with a new sportsbook.

Terms 5/5 ⭐⭐⭐⭐⭐ – The DraftKings promo terms are refreshingly simple. No wagering requirements or complicated conditions to navigate: your qualifying wager just has to settle, win or lose.

Other promotions 5/5 ⭐⭐⭐⭐ – DraftKings Sportsbook also offers customers a steady selection of ongoing promotions, including boosted odds, daily social tournaments, and early payouts.

Overall bonus rating 5/5 ⭐⭐⭐⭐⭐ – The DraftKings sign-up bonus ranks among the more generous sportsbook offers available in the US, particularly given its straightforward terms, along with tremendous bet $5, get $200 value.

What reviewers are saying

David - "I have had only great experiences with DraftKings. They always pay you fast and offer great free bets and profit boosts. This is the best sportsbook I've ever used." - Trustpilot user

Meek - "I've been using DraftKings for half a decade. The platform, customer service, and overall experience have been nothing short of perfect. They reward loyalty and provide incentives. But most importantly, gambling should be done in a responsible manner, and I believe they provide all of the tools to make this experience safe for the user." - App Store user

You can learn more about how we rate sportsbooks and promotions in Canada, the US, and other regions worldwide.

DraftKings bonus bets: What to know

DraftKings bonus bets are a nice perk, but they do come with some stipulations. The most important thing to understand is that the bonus bets you receive expire 7 days after they hit your account. They're also distributed as $25 tokens. Bonus bets are also non-withdrawable (not cash), and you'll forfeit your stake when using them, win or lose.

🚧 Common DraftKings bonus bets pitfalls to avoid:

Bonus bets are not real money — they are not withdrawable.
When you wager using your bonus bets, you will receive your profit from the bet back in real currency, but you will lose your stake.
Bonus bets always have an expiration date; your DraftKings welcome bonus bets will expire after seven days.

DraftKings Casino promo code

New casino players can unlock 500 bonus spins and up to $1,000 back in Casino Credits during their first 24 hours on the platform. No DraftKings Casino promo code is required; just register and deposit to get started.

Remember these key DraftKings Casino terms and conditions:

This offer is available in Michigan, New Jersey, Pennsylvania, and West Virginia.
A minimum deposit of $5 is required.
You must wager $5 or more to receive 500 bonus spins.
Receive Casino Credits based on net losses during the first 24 hours (minimum $5 loss required).
Casino Credits carry a 1x wagering requirement.
All bonus funds and spins expire seven days after being issued.

My DraftKings deposit and withdrawal experience

For the current DraftKings welcome offer, new customers can qualify for $200 in bonus bets by depositing at least $5 and placing a qualifying $5 cash wager.

The promotion has a relatively low deposit requirement compared with previous DraftKings deposit-match offers. However, the $200 reward is issued as bonus bets rather than withdrawable cash, so it's important to understand how deposits, bonus credits and withdrawals work.

Transaction	Amount	Processing time	Findings
Qualifying deposit	$5 minimum	Instant	Required to fund the qualifying wager.
Qualifying wager	$5	Instant	Triggers eligibility for the welcome bonus, subject to promotional terms.
Bonus bet credit	$200 total	Distributed in $50 increments every week	Eight $25 bonus bets, with scheduled claim and expiration requirements.
Withdrawal	Profit from winnings, staked amount isn't withdrawable	Within 6 hours	Eligible cash winnings may be withdrawn, subject to account verification and payment requirements.

What I found

The biggest advantage of the current DraftKings offer is its low qualifying wager. Unlike previous deposit-match promotions that required hundreds or thousands of dollars in deposits, the current offer requires a minimum $5 deposit and a qualifying $5 cash bet.

However, the $200 promotional reward isn't immediately available as cash. The bonus bets are distributed in four $50 installments, with subsequent installments requiring users to claim them within the specified window.

Each $50 installment consists of two $25 bonus bets. If a bonus bet wins, only the profit is credited as cash winnings; the promotional stake isn't returned. Eligible cash winnings can then be withdrawn using an available payment method, subject to DraftKings' withdrawal requirements.

DraftKings payment options

Payment method	Minimum deposit	Deposit speed	Minimum withdrawal	Withdrawal speed
Debit cards	$5	Instant	$1	Within 6 hours
PayPal	$5	Instant	$1	Within 24 hours
Apple Pay	$5	Instant	$1	Within 24 hours
Venmo	$5	Instant	$1	Within 24 hours
Online banking	$5	Instant	$1	Within 24 hours
VIP Preferred (e-check)	$5	Instant	$1	Within 24 hours
Cash (retail locations)	$20	Instant	$20	Within one hour

Overall, DraftKings easily ranks as one of the fastest payout sportsbooks in the U.S.

DraftKings customer support

DraftKings customers can contact support by filling out a simple online form, but the 24/7 live chatbot is often the best option. DraftKings is good at fixing mistakes on its end, but its customer support lags behind the competition because it lacks a 'real person' live chat

I have played around with the help desk search function, and it can help with simple queries. However, there will inevitably be a time when you want to speak with support staff.

Here are some more options for how to get in touch with DraftKings support:

💬 Live chatbot: Available 24/7

📩 Email: sportsbook@draftkings.com

📞 Phone: (855) 357-2377

𝕏 (Twitter): @DK_Assist

❓ DraftKings Help Center: Tap here

✍️ Final verdict: While self-service tools cover most basics, the lack of direct live-agent chat can slow resolution for more complex issues.

DraftKings promo code alternatives

For users looking beyond the traditional sportsbook model, prediction markets like Polymarket and Kalshi provide another way to participate in event-based trading. Instead of making conventional wagers, participants trade contracts whose value depends on the outcome of sporting events, elections, entertainment developments, and other real-world events. Those considering either platform can review the latest Kalshi promo code and Polymarket promo code offers before signing up.

My final take on DraftKings

The DraftKings bet $5, get $200 offer stands out to me for its low qualifying wager and flexible $25 bonus bet increments. Eligible new users only need to place a $5 cash bet to start earning the promotion, making it more accessible than other offers that require larger upfront stakes.

The main drawback is the payout schedule. The full $200 is distributed over 21 days rather than immediately, and each bonus bet expires after seven days. Overall, it’s a strong offer for users willing to track the claim windows and use their credits promptly.

DraftKings responsible gambling

DraftKings is serious about responsible gaming, and it shows in the number of Responsible Gambling tools available to users. They have a dedicated Responsible Gaming Center and recently unveiled a 'My Budget Builder' feature that allows bettors to set custom limits and set reminders to manage their spending across all of DraftKings’ betting and fantasy products.

Responsible Gaming Center — Sports Illustrated

DraftKings also offers a variety of responsible gambling tools, including weekly deposit and betting limits, as well as a convenient self-exclusion option. As someone who has used a variety of online betting sites, I’m impressed with their commitment in this area and with how easy it is for users to access help if gambling becomes an issue.

Additionally, DraftKings provides educational gaming resources, along with links to Gamblers Anonymous, BetBlockers, and more.

If you or someone you know is grappling with problem gambling, do not hesitate to check out the following helpful resources:

🚨 Bottom Line: If betting becomes a problem, use the tools—they're designed to help.

Organization 🤝	Phone number ☎️
Gam-Anon	718-352-1671
Gamblers Anonymous	855-2CALLGA
National Problem Gambling Helpline	1-800-GAMBLER
Substance Abuse and Mental Health Services Association	1-800-662-HELP (4357)

Important terms and conditions:

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit http://gamblinghelplinema.org (MA).

Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT), or visit http://www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).

21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new Sportsbook customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: http://dkng.co/offer . Get 1 promo code to redeem a 3-month NBA League Pass subscription, complimentary of DraftKings. Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/26 at 11:59 PM ET. Addt’l terms: http://support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_ . Ends 11/29/26 at 11:59 PM ET. Sponsored by DK.

DraftKings promo code FAQ

How do you get my free $200 on DraftKings?

DraftKings will grant new users $200 in bonus bets after you register, make your initial deposit, and wager $5 on any sporting event.

How do you enter promo codes on DraftKings?

You do not have to enter a promo code for DraftKings welcome bonuses. Simply click a link on this page to visit the DraftKings website and register for a new account to claim either of the welcome bonuses.

Do you really get $200 from DraftKings?

Yes, you can get a $200 welcome offer with DK. No DraftKings promo code is required, but it is given as bonus bets, not direct withdrawable cash.

Where is my DraftKings referral code?

You can find your DraftKings referral code by clicking on the 'Promotions' tab on the DK website or in the app. Look for the DraftKings refer a friend section, which contains your unique code and sharing options.

Where is DraftKings legal?

DraftKings is legal in 26 states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming. It is also legal in Washington, DC.

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