DraftKings is one of the best online sports betting sites, and you can claim the DraftKings welcome bonus and other promos, including the site’s rewards program.

DraftKings offers all new customers to bet $5, and get $150 in bonus bets instantly when they sign up. Check out the chart below for more information. No DraftKings promo code is required to claim this offer.

If you’re located in one of the states listed above, DraftKings has a sweeter, more flexible welcome bonus to offer. You can receive up to $300 in bonus bets, depending on the amount of your first bet:

Both the standard DraftKings national welcome bonus and the alternative promo available in select states operate under the straightforward “Bet & Get” format. After signing up and depositing at least $5, you can place your first wager of at least $5, and you’ll instantly unlock $150 in bonus bets.

If you’re in IA, IL, LA, MI, NC, NJ, OH, PA, VT, or WY, you also have the option of betting $10 for $200 in bonus bets or betting $50 for $300 in bonus bets.

The DraftKings welcome promo comes with a few terms and conditions that are important to understand. First, you must be a brand-new DraftKings customer who has never signed up for the platform. 

For example, if you have previously signed up in Michigan, you wouldn’t be eligible to sign up for a new account and claim the welcome bonus in Pennsylvania. You must be 21 or older to sign up and claim the DraftKings promo. 

To qualify for this welcome bonus, your first deposit with DraftKings and your initial, qualifying wager must be $5 or more. Your qualifying wager can be on any betting market. 

Importantly, your qualifying wager does not need to win. You will still receive the $150 instantly in bonus bets (or up to $300 in select states) once your bet settles, regardless of the outcome. 

Another important note for this welcome promo is that your $150 in bonus bets will be credited in the form of six $25 bonus bet tokens. All six of your bonus bet tokens expire seven days after reaching your account. 

If you’re in IA, IL, LA, MI, NC, NJ, OH, PA, VT, or WY, and you were able to collect $200 or $300 in bonus bets, those bets will also be returned to you in multiple equal amounts, as single-use tokens. They will also expire seven days after issuance.

Lastly, your bonus bets are not included in any returns or winnings, nor are they redeemable for cash, transferable, or refundable.

The sign-up process at DraftKings Sportsbook is simple and usually takes just a couple of minutes to complete. You can register at DraftKings Sportsbook using the step-by-step guide below, and claim the welcome bonus:

DraftKings typically offers promos for marquee matchups across sports and significant events, including the World Series and the NBA Finals. The brand is also excellent at gaining traction during new state launches, offering elevated promos for prospective customers.

After claiming the DraftKings welcome bonus and event-specific promos, you can progress toward receiving some daily offers. Let’s look at some to take advantage of today.

The DraftKings loyalty program is called Dynasty Rewards. For every bet you place, you earn points towards the program that can be relayed into prizes. The program works in a tier system where you start at Bronze and can work up to Onyx. You earn Crowns and Tier Credits that can help your prizes and “DK Dollars” accumulate even faster during your wagering experience.

You can expect profit boosts at DraftKings for many marquee matchups. Profit boosts function precisely as they sound—they boost your profit. These profit boosts typically range from 25% to 100%. For example, if your bet normally grants you a profit of $100 and you have a 50% profit boost, you’d earn $150 with a win instead.

DraftKings offers a unique promo called an “Early Win.” When you place a moneyline wager on select sports, your bet can be graded as a winner prematurely if the team you bet on jumps out to an early lead. For example, DraftKings offered this promo for MLB moneylines, and bets were marked as winners if the team you bet on had a two-run lead at any point in the game. DraftKings is a great MLB betting site as you can frequently get promos like this.

As online sportsbooks typically have, DraftKings has multiple different types of bet insurance. You can get bonus bets back if your wagers don’t win on select events, including straight wagers, parlays and same game parlays.

The DraftKings welcome bonus carries one of the highest bonus bet values in the sports betting industry. As a “No Sweat Bet”, you can try betting on something with a big return without having to break your bankroll.

Check out how the DraftKings welcome offer compares to the sports betting promos seen at other sites in the industry, including FanDuel, Fanatics Sportsbook, and BetMGM.

Look out for even more promos at DraftKings, as the site constantly develops new ways to engage its user base. Sign up today at DraftKings Sportsbook to start reaping the benefits of being a customer with bonuses and the Dynasty Rewards program.