Draftkings Sportsbook Promo Code 2022 – Get a $1050 Sign-up Bonus

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Bonus & Offers details
New Users can get a Signup Bonus of up to $1000* DraftKings New York is now Live!
T&C:
  • *Valid for NJ/PA/WV/IA/IN/CO/IL/TN/MI/VA/NY
    First deposit matched at 20% up to $1000
  • If you or someone you know has a gambling problem, crisis counseling, and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), or call/text TN REDLINE: 800-889-9789 (TN). 21+. NJ/PA/WV/IN/IA/CO/IL/TN only. Min $5 deposit. Deposit bonus requires 25x playthrough. Deposit bonus issued as site credits. Eligibility restrictions apply. See draftkings.com/sportsbook for details.
Expires on: 31-12-2022
Last check: 2 days ago

Fancy securing a $1,050 welcome bonus at one of America’s top betting sites? Register with our DraftKings promo code today, valid in all legal states, including New York & now Louisiana!

DraftKings Promo Code 2022 – current sign up bonus

Although DraftKings rose to fame by becoming one of the top fantasy sports sites in the game, the offerings at this site have now changed quite dramatically. And as you have no doubt guessed, DraftKings is now a prestigious site for professional sports betting. Not only is DraftKings right up there with the very best for the quality of the site, but it is also a far-reaching brand too – operating in 15 different states, at the time of writing. Not many betting brands are able to boast the same kind of accessibility, which automatically draws punters to DraftKings, to begin with.

In addition to this, DraftKings further cements its appeal by offering a huge welcome bonus for those who register with the DraftKings sportsbook promo code detailed here. The current welcome deal involves a maximum of $1,000 through a deposit match promotion, and this comes hand in hand with a $50 free bet following any deposit. This sign-up bonus is available in each of the 15 states where DraftKings operates. More recently, DraftKings has created a 40-1 bet boost for new customers too, with a maximum wager of $5 permitted for any initial bet.

So really, this means that DraftKings gives new customers a shot at three separate welcome deals. Talk about value!

DraftKings promo code – what is it?

First thing’s first – why should you bother using our promo code for DraftKings? Well, not only is it free to use this code, but you then stand to claim any of the welcome offers stated previously. If you signed up without the code, you may not get the same deal, which would be a shame. So putting two and two together – the DraftKings sportsbook promo code is an exclusive code that unlocks a great welcome bonus for brand new customers. In a nutshell, this is what the promo code stands for, and as a reminder, it can be used in all states where DraftKings operates.

DraftKings sportsbook bonus – what is it?

draftkings sportsbook promo code

Technically speaking, there are three sign-up offers on the table, and we’d like to give you a quick overview of them all. Let’s start with the easiest one to claim. When you register with DraftKings, you must then make a deposit before placing any real money bets. As long as you deposit more than $5, DraftKings will give you a $50 free bet to use on any sport you like. But if you want to qualify for the main bonus, which is a 20% deposit match worth up to $1,000, the minimum deposit is $20. So for that reason, we recommend you deposit at least this amount for your initial transaction.

And finally, the most recent sign-up offer that DraftKings has released is the 40-1 odds for your first wager. However, the most you can bet if you choose this bonus is $5, which means that the most you can win is $200.

DraftKings welcome bonus – terms and conditions explained

Let’s begin by discussing the main welcome bonus – the 20% deposit match worth up to $1,000. Since this is a 20% deposit match, you’d actually need to deposit $5,000 to get the full rewards. And funds aren’t released immediately either. You have to actually make qualifying wagers on markets with odds above -300 to release the bonus funds. This makes it a little tough to reap the full rewards from the offer, but it isn’t impossible. In addition to this, your wagers must be over $5 if they are to count towards releasing the funds.

With that out of the way, let’s now take a look at the sign-up offer which is the easiest to redeem – the $50 free bet. All you need to do here is deposit at least $5 with a debit card and your $50 free bet should be credited to your account. But as previously stated, since there is a 20% deposit match on offer for this initial transaction, this should be taken into consideration regarding how much you deposit.

And finally, the 40-1 odds boost is also super easy to claim. However, there are select sports that you must use this wager for. This includes the NFL, NBA, and College Football. But if you are based in a state where betting on in-state college teams isn’t permitted, you might want to consider the first two options.

Eligible states for the DraftKings sportsbook promo code

DraftKings was actually founded in 2012, although back then, they were strictly a fantasy sports gaming platform. But since then, DraftKings has obviously recognized an opportunity in the sports betting market for the USA. This is proven by the fact that DraftKings was actually one of the very first online sportsbooks to launch in this country, which occurred back in August 2018 when they went live in New Jersey. And given that DraftKings has now expanded into 15 different states, with a vision to keep this number growing, it’s fair to say that DraftKings hasn’t really looked back!

A breakdown of DraftKings' operational states

As we have stressed above, DraftKings is one of the most widely accessible betting sites in the nation. Currently, you have 15 different states where you can register, receive the welcome bonus, and use DraftKings’ online betting services. So without further ado, here is a brief overview of each state:

DraftKings Arizona

DraftKings has a partnership deal in place with TPC Scottsdale, which has allowed them to launch in September 2021. They have gone live with a native app and full betting options besides prop betting on college sports. For Arizona residents, the DraftKings promo code can be used to receive any of the three mentioned bonuses.

Draftkings Louisiana

It's official: Draftkings entered Louisiana on January 28th! You can get a bonus of $1,050 if you don't already have an account with DraftKings.

DraftKings Colorado

Colorado changed their sports betting laws fairly early on in the game, which allowed DraftKings to launch there quite early. In fact, their sportsbook went live in May 2020, thanks to a partnership with the Mardi Gras Casino. This means you can place either online bets or retail bets as you wish.

DraftKings Connecticut

Connecticut has joined the online sports betting game since 2021, and DraftKings launched pretty quickly thereafter. DraftKings established a partnership with the Foxwood Resort Casino to facilitate this launch, and their betting app went live in October 2021. CT punters have a full range of betting options here too, with the only restriction being high school sports, which is fairly normal.

DraftKings Indiana

DraftKings Indiana Sportsbook Promo Code

DraftKings was one of the first sportsbooks to launch in Indiana, and this occurred back in October 2020. The Ameristar Casino Hotel was their physical casino of choice concerning the partnership agreement. And for clarification, you can register with the DraftKings sportsbook promo code here to receive your $1,000 sign-up offer.

DraftKings Iowa

Back in 2020, DraftKings struck a deal to obtain a license through the Wild Rose Casino in Iowa. This allowed DraftKings to launch with a full-scale sportsbook in February 2022, meaning they have operated in Iowa for almost two years, at the time of writing. The betting offerings are fairly flexible here too, with the only real restrictions being credit card deposits and prop betting for college athletes.

DraftKings Illinois

DraftKings launched in Illinois back in August 2020, and this was made possible through the partnership with Casino Queen. With that said, betting on mobile in Illinois is a little different from the other states. You must still register in person before engaging in mobile betting, which can be a bit of a hassle if you don’t live near the physical casino. Then again, this is a one-time thing, and once it is done, you can enjoy all of the top features that DraftKings has to offer.

DraftKings Michigan

Sports betting in Michigan didn’t get legalized quite as easily as in other states. However, now that full-scale sports betting has been approved, DraftKings wasted no time in launching here back in January 2021. This was done once a partnership deal was struck with Bay Mills Resort & Casino, where you can also visit if you want to make retail wagers. There is just one betting restriction in place here too, which relates to propping betting on college athletes.

DraftKings Pennsylvania

Much like other states such as New Jersey, Pennsylvania was quick to jump on the sports betting bandwagon once laws were changed at the federal level. That’s why DraftKings has been live here since November 2019, with a license obtained through the Meadows Casino. PA punters pretty much have free reins over what they can bet on too, thanks to the flexible betting laws in this state.

DraftKings New Hampshire

In New Hampshire, betting brands don’t actually need to obtain a license through an established physical location. This actually made it pretty easy for DraftKings to launch in NH, which occurred back in December 2019. So for more than two years now, DraftKings has been serving new customers with a four-figure sign-up offer through the DraftKings promo code. And on top of this, features like cashouts and streaming are more accessible than elsewhere.

DraftKings New Jersey

New Jersey was the very first state to relax its restrictions on sports betting, and DraftKings wasted no time in getting involved in this new market. In fact, DraftKings was one of the first to launch in NJ, which occurred in August 2018. In addition to mobile sports betting, DraftKings also offers retail betting through the Resorts Casino in Atlantic City. With that said, it’s obviously a bit more convenient to just download the app and bet through this platform.

draftkings sportsbook promo code

DraftKings Tennessee

With TN being an online-only state when it comes to sports betting, you don’t have to deal with any in-person registration requirements. This means that it is very easy to get set up with a new DraftKings account in Tennessee, and this has been the case since DraftKings launched here back in November 2020.

DraftKings New York

New York is the most recent state in which DraftKings has blessed punters with their presence. In fact, the site went live as recently as January 8th, 2022, and NY residents have certainly wasted no time in signing up. Then again, with such a great sign-up offer listed alongside the promo code for DraftKings, what could we expect? DraftKings also has a partnership with Del Lago Casino and Resort, where you can make in-person bets if desired.

DraftKings West Virginia

Under a licensing agreement with Hollywood Casino at Charles Town Races, DraftKings has been live in WV since September 2018. This was actually the second state in which DraftKings launched, meaning that punters have now enjoyed this platform for over 3 years in West Virginia. WV also has very flexible betting laws, with the only restrictions being placed on high school sports.

DraftKings Virginia

Much like Tennessee, Virginia is another online-only state for sports betting. This means that VA residents can register and start placing bets within minutes through the DraftKings mobile app. The sportsbook offerings are rather extensive in this state too, although you cannot bet on any in-state college teams. What you can do, however, is bag any of the three sign-up bonuses that DraftKings currently has to offer! This has been true since DraftKings launched here in January 2021.

DraftKings Wyoming

Wyoming doesn’t require an online betting brand to establish partnerships with any in-state entity. Of course, this makes it a rather appealing market for new brands to launch here, which DraftKings did back in September 2021. The range of sports, features, and betting markets are just as good in WY as they are in other states too. And yes, the sign-up offer is available for brand new DraftKings customers!

DraftKings Sportsbook – important news and recent updates

Undoubtedly, the most significant bit of news surrounding the DraftKings brand in recent times is the NY launch. DraftKings is just one of four sportsbooks that have been granted a mobile betting license in this state. We firmly expect DraftKings to rise to the forefront of the NY betting market as the month's roll by too. Apart from this, DraftKings has voiced intentions to launch in Maryland and Louisiana at some point in 2022. We have no concrete dates on this as of yet, however. A different sportsbook that is present in many states in the US currently is Unibet, if you're looking for an alternative to DraftKings, be sure to check out what you can get with Unibet.

Other features of the DraftKings Sportsbook

Analyzing the quality of a site’s bonuses and where they operate is one thing, but to really understand how good a site is, you have to look into certain areas. For that reason, we’d like to discuss some important areas that are relative to the DraftKings sportsbook for all states in which they operate:

Mobile experience

DraftKings promo code

Betting on mobile is advantageous for a number of reasons. Of course, it gives you the opportunity to bet on sport no matter where you might be. But in addition to this, in the case of DraftKings, you get to use a slick, stylish, and extensive platform to really boost your online betting experience. In terms of the app, you can usually enjoy 100+ markets for top events, access bonuses, process transactions, perform cashouts, and so much more.

Payment options

Being able to transfer funds in and out of your account is important, especially if you plan on being a regular punter. On that note, DraftKings has a bunch of options you may currently use. These include cash at the cage, ACH (e-check), credit and debit cards, PayPal, other e-wallets, and direct bank transfers. DraftKings has very low transaction minimums too, at just $5 for many of the methods listed here.

Registration process

If you are 21+ and located in one of the 15 states where DraftKings operates, you can set up an account in less than five minutes. When registering, you’ll need to provide the site with your DOB, address, name, and contact details. It is also the sign-up process where you get the chance to apply the DraftKings promo code 2022, which we recommend you do to receive the stated offers.

Betting markets

When it comes to betting markets, more is always better. And in the case of DraftKings, this isn’t something you need to worry about. There are regularly 100+ markets for top events relating to sports like basketball, American football, soccer, and others. You can also bet a broad scope of markets across the board too, including futures, teasers, spreads, Moneyline, parlays, and props.

DraftKings promo code

How does DraftKings actually promote responsible gambling?

DraftKings promotes responsible gambling in a big way, for all of the states where they have a live sportsbook. There are links to gambling resources on the homepage of both the mobile and desktop platforms, but DraftKings takes things a step further too. In addition to these links, DraftKings allows users to set up wagering, deposit, playing time, and other limits. This is all possible within the settings of your account.

An overview of DraftKings' hits and misses

All in all, we feel pretty comfortable stating that DraftKings is an excellent betting site, no matter where you are betting from. The site is clearly committed to providing people with the very best betting experience possible. This is shown through a multitude of positive factors. But with that said, DraftKings, like all sites, does have both positive and negative factors to consider:

Hits

Positives surrounding the DraftKings sportsbook are in rich supply, and we believe that the following are some of the more enticing features:

  • Multiple welcome bonuses
  • Competitive odds
  • Tailored reload offers for major sports

Misses

We can’t pretend that DraftKings has absolutely zero weaknesses, and we wouldn’t be doing this review justice if we didn’t highlight them. So, here they are:

  • Stringent terms and conditions for certain offers
  • Cashouts are not supported for all markets
  • Slow withdrawals for select methods

Comparison with FanDuel

In the US betting market, FanDuel and DraftKings really are leading the pack. Starting with the welcome bonus, DraftKings has a better selection, but FanDuel’s offer is far easier to redeem and use. With that said, DraftKings does seem to offer slightly better odds for top sports, especially when you use the boosted odds feature. Both sites aren’t shy in the special features department either, with streaming, cashouts, and more for players to use.

FAQs

How long is the DraftKings promo code valid for?

You may use the promo code for DraftKings until the very end of 2022.

What happens if I fail to meet the terms of the sign-up offer?

If you fall short of meeting the terms of the sign-up offer, or any bonus for that matter, you will likely surrender the bonus and/or any winnings that have resulted from the promotion.

What documents can I use to verify my account?

For your ID, you can upload either a driving license or passport. For your address, you can upload a recent utility bill or bank statement.

What are the main sports that DraftKings covers?

DraftKings tends to cover all of America’s top sporting leagues. These include the NFL, NBA, NCAA, MLS, MLB, NHL, among many other sports from overseas too.

Are there any particular sports that have more reload bonuses?

Yes – reload bonuses seem to be more profound for basketball, NCAA events, American football, boxing/UFC, and baseball.