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DraftKings Promo Code: Bet $5, Get $150 in Bonus Bets!

DraftKings Sportsbook Promo Code & Review August 2026

🚨 Current DraftKings Promo Code 🚨

DraftKings keeps its current welcome offer simple: there’s no DraftKings promo code to type in. Eligible new customers who sign up through our link can Bet $5, Get $150 in Bonus Bets!

The $150 doesn’t arrive all at once, though. DraftKings releases it in three $50 installments over two weeks, and each Bonus Bet has its own seven-day expiration window. That makes the offer easy to claim, but worth planning around before you place that first $5 wager.

Keep reading to learn more about this sportsbook and its offer.

DraftKings Sportsbook at a Glance - August 2026

Current welcome offer Bet $5, Get $150 in Bonus Bets!
Promo code Click to claim!
Terms & Conditions 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 DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days after issuance. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. 7 days = 168hrs. Terms: http://sportsbook.draftkings.com/promos . Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
iOS rating 4.8/5 from 1.2M ratings
Google Play rating 4.8/5 from roughly 270K reviews
Available Legal States AR, AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY
Features Live betting, Live Flash props, same-game parlays, Progressive Parlays, Moonshot, Pools and Social
Support 24/7 email and live chat

DraftKings Promo Last Verified by The Action Network On

August 22, 2026

DraftKings covers a lot of ground compared to most U.S. sportsbooks, especially if you spend time in live betting, props, parlays, or the rewards system that ties into other DraftKings products.

How to Claim the DraftKings Promo Code

You can get the DraftKings welcome offer without entering a promo code. Just use the any link on this page, set up a new account, and place the qualifying first bet.

  1. Open our DraftKings offer link and pick the current deal: Bet $5, Get $150 in Bonus Bets!
  2. Sign up with your email, phone number, and the usual personal details.
  3. Go through DraftKings’ identity and location checks.
  4. Add a payment method and make your first deposit.
  5. Place a qualifying first bet of at least $5. It needs to be -500 odds or longer.
  6. Wait for that bet to settle.
  7. The Bonus Bets show up in installments, and you’ll need to claim each one as it becomes available in your account.

Your first bet doesn’t need to win for the Bonus Bets to kick in. Just keep in mind the offer only applies to eligible new users and certain locations, so it’s worth checking the terms tied to your account before locking anything in.

Learn more about how DraftKings Bonus Bets work here!

DraftKings Account Verification

DraftKings usually runs a quick check during sign-up, but sometimes it needs a bit more before everything’s fully active. If an account gets flagged for review or stays unverified, you might be asked for a government-issued photo ID, a selfie, and in some cases a bank or financial statement tied to recent DraftKings activity. When that happens, support notes that manual checks can take around 24-48 hours.

Location tracking also has to stay on while you’re using the Sportsbook. Anything that hides or alters your location, like a VPN, can block access or trigger issues with logging in.

How to Find and Use DraftKings Bonus Bets

DraftKings Bonus Bets show up in your account as rewards you can apply right from the bet slip before you place a wager.

You can only use one Bonus Bet per slip, and it has to be used in full on a single bet. There’s no splitting it across multiple wagers. Also, if it wins, you don’t get the original Bonus Bet amount back, just the profit from the bet goes into your cash balance.

If a wager using a Bonus Bet gets voided or ends in a push, the Bonus Bet is returned after everything settles. Expiration details are listed in the Rewards section and also show up in the bet slip, so double-check the exact time it expires instead of just the date.

To use one in the app, add your bet to the slip, tap into the Apply Reward section, pick the Bonus Bet, and place the wager. And remember; once the bet is submitted, you can’t go back and attach a Bonus Bet afterward.

DraftKings Sportsbook Pros and Cons

Pros Cons
Lots of options across major sports, props, futures, and live betting Some recent app-store reviews mention lag when betting live
Same-game parlays, Live Flash props, Progressive Parlays, and other less common bet types Promotions and certain features can differ depending on account and location
DraftKings Rewards ties eligible play into Crown Cash and Tier Credits Extra identity or financial checks can be required on some accounts
Apple Pay, debit, online banking, PayPal, Venmo, and other funding methods are supported where available Credit cards aren’t available as a Sports & Casino deposit option
Pools, Social, and Stats Hub sit alongside the standard sportsbook setup Online Sportsbook access is still limited to certain states

Latest DraftKings Odds

DraftKings posts pregame and live markets across the major U.S. leagues as well as college sports, soccer, golf, tennis, combat sports and a long list of international events. For betting on today's MLB action, check out the current DraftKings Sportsbook odds below.

MLB Odds: Pittsburgh Pirates vs. Los Angeles Dodgers

Below is a selection of odds for the upcoming Pirates vs. Dodgers matchup. Updated August 22, 2026 - Odds Provided by DraftKings - Subject to Change

Team
Run Line
Moneyline
Total

PIT Pirates

(+1.5) -110

+198

Over 8 (-114)

LA Dodgers

(-1.5) -109

-245

Under 8 (-105)

DraftKings Sportsbook App Review

The DraftKings app review is based on current Apple App Store and Google Play ratings, along with recent user reviews. Sure, store ratings won’t tell you if Face ID fails a certain percentage of the time or how long withdrawals take down to the hour, but they do show the general pattern in what users are liking right now, and where frustration keeps popping up.

DraftKings App Ratings for August 2026

Platform Rating Review volume
Apple App Store 4.8/5 1.2M ratings
Google Play 4.8/5 Roughly 270K reviews

Recent iOS reviews lean positive, though not perfectly consistent. One February user mentioned that placing bets and moving money around felt quick after a year of use, while a July 14 review highlighted the live betting setup in a good way. Another July 14 user, who said they’ve been on the app almost daily for over three years, still rated it well but noted that live markets were taking longer to load than before.

On the Android side, the tone was more mixed. A July 9 reviewer mentioned freezes during live betting after updates, including cases where the bet slip vanished after reopening the app, and a July 18 review brought up losing access to an account and not being happy with how support handled it.

Overall, the feedback shows us the app performs reliably for most users, especially on iOS, but that live betting performance and occasional technical issues on Android are the main areas where experiences tend to vary.

DraftKings App Use and Search

DraftKings lays things out pretty clean. The main bar runs through Home, My Bets, Live In-Game, Rewards, Pools, Social, and Stats Hub, so you’re not just jumping straight into a betting screen and figuring it out from there.

The sportsbook itself still leans on a full A-Z sports list.That includes the usual U.S. staples like NFL, MLB, NBA, WNBA, college football, plus soccer, tennis, golf, UFC, Formula 1, NASCAR, and then a long tail of options like cricket, rugby, darts, table tennis, and a mix of international leagues.

DraftKings Social and Betting Groups

DraftKings Social is built into the sportsbook and lets users set up or join betting groups. It’s basically a way to keep everything inside the app instead of moving between group chats and screenshots. 

It’s more of a side feature than anything else, but it does come in handy if your friends are already on DraftKings and you want a shared space to track bets and activity.

One App, Different DraftKings Products

DraftKings now bundles Sportsbook, Predictions, and horse racing under its broader Sports & Casino app. Keep in mind, though, that racing and Predictions sit in their own lanes with separate rules, and Sportsbook access still comes down to where you’re physically located when you open the app.

DraftKings Live Betting and Featured Bet Types

Live betting is where DraftKings gets a bit more layered. You still have the usual in-game spreads, moneylines, totals, and props, but there are also a few formats built specifically for how games actually unfold in real time.

Live Flash Props

Live Flash props are tied to specific moments instead of waiting for a full quarter or game to settle. You might be looking at things like whether the next drive ends in points, run or pass on the next play, or how far a drive gets before it stalls.

Odds move quickly here, so DraftKings gives you a bit of control before you lock anything in. You can set it to ask for approval on changes, accept only better odds, or allow adjustments either way.

Moonshot

Moonshot is a newer MLB-focused live bet that DraftKings rolled out in 2026. It’s built around a single plate appearance, where the bet builds value as the at-bat plays out.

You pick a live game, place the wager before the plate appearance starts, and set a target multiplier. Different outcomes during the at-bat add toward that target. You can also cash out early if it’s moving in your favor, but if the batter records an out before you cash or hit the target, the bet ends. It’s only available in certain states, so access depends on where you’re playing from.

Same-Game Parlays and SGPx

Same-game parlays are a core part of the DraftKings setup, and SGPx takes it a step further by letting you mix single-game bets with same-game parlays across multiple matchups.

Most of the appeal comes from how much you can combine in one slip. Spreads, totals, and player props all sit together, which makes it easy to build around a single game or spread things across a slate. As always with parlays, more legs means more moving parts.

Progressive Parlays

Progressive Parlays work a bit differently from a standard parlay. You can build them with three to 12 over/under picks, and you don’t need every selection to hit to get a payout. The return scales based on how many of your picks are correct, and the bet slip updates as you add selections so you can see what you need to cash. Availability depends on your state as well.

Pools

DraftKings also runs a Pools section where users can enter or set up group-style contests. What’s available changes depending on the sports calendar, so the options you see can differ throughout the year.

DraftKings Sports and Betting Markets

DraftKings covers the main U.S. leagues and also goes fairly deep into international and smaller sports.

Sport Common DraftKings markets
NFL and college football Moneylines, spreads, totals, game props, player props, futures, live markets
NBA, WNBA and college basketball Moneylines, spreads, totals, props, futures, live markets
MLB Moneylines, run lines, totals, pitcher and hitter props, futures, live betting
NHL and international hockey Moneylines, puck lines, totals, props, futures
Soccer Three-way moneylines, spreads, totals, player/team props, futures, live markets
Golf Outrights, placement markets, matchups, round and tournament props
UFC and boxing Moneylines, method of victory, round markets, totals and props
Tennis Moneylines, set/game spreads, totals, props and futures
Motorsports Race winners, podium/placement markets, matchups and futures
Other sports Cricket, rugby, darts, cycling, table tennis, lacrosse, snooker and more

What’s available can change depending on the sport, the event, and your location. College betting rules also vary by state, so a market you see in one place might not show up in another.

What Changed at DraftKings in 2026?

DraftKings made a few notable product changes in 2026, and most of them are already visible in the app.

On the betting side, Moonshot arrived in June and gave MLB users another live format built around individual plate appearances. DraftKings also brought more of its products into the same app, so Sportsbook users may now see DraftKings Predictions and DraftKings Racing alongside the regular betting menu, though each product still has its own eligibility rules.

DraftKings also overhauled its loyalty program this year, including a new rewards currency and updated program name. Here’s how the current setup works.

DraftKings Rewards and Crown Cash

DraftKings Rewards is the current loyalty setup, replacing the old Dynasty Rewards name. Crown Cash came in during the July-August 2026 rollout as the main rewards currency.

Tier Credits determine your annual status, while Crown Cash is what you earn and can use across eligible DraftKings products or redeem through supported options. It shows up as a dollar amount in your account, but it can’t be withdrawn as cash.

The five annual tiers are still Bronze, Silver, Gold, Diamond, and Onyx.

DraftKings Rewards tier Tier Credit requirement
Bronze Starting tier
Silver 5,000
Gold 25,000
Diamond 90,000
Onyx Invite-only; at least 175,000 Tier Credits required for consideration

Silver and above is where Crown Cash earning starts to kick in. The higher you go, the more you get back, with Gold, Diamond, and Onyx each bumping up Sportsbook Crown Cash multipliers along the way.

The 2026 update also layered in a few tier-based extras like Crown Cash boosts, birthday rewards, and Milestone Rewards. What you actually get depends on your tier and whether you qualify for specific perks.

Other DraftKings Sportsbook Promotions

DraftKings has a few other promos running alongside the new-user offer, though what you see can vary depending on your state, account, and the event.

Profit Boosts, Odds Boosts, and Odds Surges are added as tokens before you place a bet, you can only use one per slip, and they don’t combine with other promo tokens. There are also Early Win promos on select markets, but you’ll need to opt in and attach the token to a qualifying bet before placing it.

DraftKings Refer-a-Friend

DraftKings’ current Refer a Friend offer gives both users a matched Bonus Bet when an eligible new customer signs up through a personal referral link and deposits at least $25. The reward matches the friend’s qualifying deposit up to $100, so a $50 deposit gets each person a $50 Bonus Bet, while deposits of $100 or more cap the reward at $100 each.

You can earn referral rewards for up to five friends, putting the maximum at $500 in Bonus Bets. Each Bonus Bet expires seven days after it’s issued. The person being referred also needs to be completely new to DraftKings; an existing Sportsbook, DFS, Casino, or Pick6 account can make them ineligible for the offer.

Where Is DraftKings Sportsbook Legal?

DraftKings Sportsbook is currently available online in 27 states, along with Washington, D.C. and Puerto Rico.

You can use DraftKings Sportsbook in ArizonaArkansas, Colorado, Connecticut, Washington, D.C., Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

Keep in mind access in Louisiana can vary by parish, while Puerto Rico follows its own registration requirements. Also, the welcome offer has its own eligibility rules, so Sportsbook access doesn't always mean the promo is available in your location. Check the eligible-state list before signing up.

DraftKings Mobile App Screenshots

    DraftKings Payment and Withdrawal Options

    DraftKings give a few reliable ways to move money in and out, but what you actually see in your account can vary depending on where you’re located and which product you’re using.

    For Sports and Casino deposits, you’ll usually run into payment methods like Apple Pay, debit cards, PayPal, Venmo, online banking, bank wire, and in some cases cash or gift-card style methods where they’re supported. Crypto deposits are also available for Sports Betting in select areas.

    Credit cards don’t show up for Sports and Casino deposits, as they’re only listed under Fantasy Sports.

    DraftKings Withdrawal Times

    Withdrawal method DraftKings standard timeline
    Debit card Up to 24 hours
    Apple Pay 1 day
    Trustly Verified 1 day
    Online banking Up to 2 business days
    PayPal Up to 2 days
    Venmo Up to 2 days
    Bank wire Up to 2 days
    Cash/Cage 1 hour
    Check under $100 Up to 14 business days
    Check from $100.01 to $1,999 Up to 5 business days
    Check above $2,000 Up to 3 business days

    Some withdrawals can take longer depending on verification checks or the method used, and not every option is available to every user. Also, Bonus Bets don’t come out as cash. If one hits, the winnings are added to your cash balance once the bet settles.

    DraftKings Customer Support

    DraftKings offers live chat and email support around the clock, so there’s always someone available if something comes up.

    On X, the @DK_Assist account is mainly for quicker questions like promo details, market requests, settlement issues, or password resets. It’s useful for fast back-and-forth, but it won’t cover everything. Things like account restrictions, identity checks, or deeper account changes usually get pushed to email or live chat instead.

    If you're account gets locked, go straight to chat or email rather than trying to sort it out on social media.

    DraftKings Pricing vs. Other Sportsbooks

    No sportsbook nails every market, so we recommend you compare DraftKings with a couple of other books before locking anything in.

    Action Network looked at closing odds across the NFL, NBA, MLB, college football, and college basketball from September 1, 2023 through June 1, 2024. The lower the percentage, the smaller the average sportsbook edge.

    Sport DraftKings average edge Lowest edge in the sample
    NFL 4.56% bet365: 4.45%
    NBA 4.56% DraftKings: 4.56%
    MLB 5.18% bet365: 4.36%
    College football 4.64% theScore Bet: 4.51%
    College basketball 5.36% bet365: 4.62%
    Overall 4.88% bet365: 4.83%

    DraftKings came out right around the same level as bet365 overall, and it actually matched the best NBA pricing in this sample. NFL pricing, though, wasn’t where it led.

    One thing to keep in mind: odds move constantly, so it’s better to check the specific game you’re betting rather than assuming one book always has the edge based on these numbers.

    DraftKings Sportsbook Promo Comparison Chart

    The DraftKings Sportsbook promo is considered one of the best in the online sports betting industry. Here is a comparison chart showing the differences between the DraftKings sportsbook promo and some of the others on the market.

    A Brief History of DraftKings

    DraftKings started in 2012, founded by Jason Robins, Matt Kalish, and Paul Liberman. It began with daily fantasy sports before moving into regulated sports betting and other gaming products.

    These days, the lineup includes Sportsbook, daily fantasy sports, Pick6, casino gaming in select states, horse racing, and DraftKings Predictions. What you can actually use depends on where you are, since each product follows its own set of regulations.

    DraftKings Predictions

    DraftKings Predictions is an event-contract product inside the main DraftKings app. It runs separately from Sportsbook and follows its own regulatory rules and eligibility requirements. New users can Trade $5, Get $150 in Predictions Dollars!

    For more information, see our DraftKings Predictions Promo Code review.

    DraftKings Casino

    DraftKings Casino is also separate from Sportsbook and only available in states where online casino play is legal. New players in CT, MI, NJ, PA, and WV can claim the DraftKings Casino welcome offer: Get 1,000 Flex Spins Including 500 Lightning Link Spins!

    For more information, see our DraftKings Casino promo code review.

    Responsible Gambling at DraftKings Sportsbook

    DraftKings gives you a few simple ways to stay in control of your account. You can set deposit, wagering, and time limits right from your profile. There’s also the option to cap how much you can put on a single Sportsbook bet, take a break with a cool-off period, or go further and self-exclude if you need more distance.

    Deposit limits can be set daily, weekly, or monthly. Wagering limits follow the same structure, while the Max Single Wager Limit is there for individual bets. Also, keep in mind that if you tighten a limit, loosening it later isn’t instant: there’s a required waiting period that depends on where you’re located and the type of limit you changed.

    For more information, see our responsible gambling review.

    My Stat Sheet

    My Stat Sheet is DraftKings’ account-tracking tool for seeing your betting activity without adding everything up yourself.

    It shows how much money you’ve deposited and withdrawn, how much you’ve wagered, how much time you’ve spent on DraftKings Sports & Casino, and whether you’re up or down over the period you’re viewing. That last figure is especially useful because your account balance alone doesn’t show the full picture if you’ve made several deposits or withdrawals.

    If you’ve set responsible gambling limits, My Stat Sheet also shows your activity alongside those limits. So instead of checking individual transactions, you can get a broader view of how much you’ve spent, how often you’ve been playing, and how your recent activity compares with the boundaries you set for yourself.

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    Virginia Gandolfo

    Virginia Gandolfo is a writer with over seven years of experience creating thoughtful, audience-focused content. She has worked across industries like prediction markets and sports betting, specializing in making complex topics easy to understand. Her goal is to create content that speaks to readers first.

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    DraftKings Sportsbook FAQs
    What is the best DraftKings promo code?

    You don’t need to enter a DraftKings promo code for the current offer. Eligible new customers who sign up through our link can Bet $5, Get $150 in Bonus Bets! The offer is for new customers only, though existing users may still see their own boosts and promos in the app.

    Where is DraftKings Sportsbook legal, and is the promo available in every state?

    DraftKings Sportsbook is available in 27 states, plus Washington, D.C. and Puerto Rico. The welcome offer has a smaller eligibility list, so having access to DraftKings Sportsbook doesn’t necessarily mean you can claim the "Bet $5, Get $150 in Bonus Bets!" promo. Check the offer terms for your location before signing up.

    How do DraftKings Bonus Bets work?

    DraftKings Bonus Bets are single-use and can be applied to eligible wagers, including parlays. You can only use one per bet slip, and you can’t split one Bonus Bet between multiple wagers. If the bet wins, you keep the profit but not the Bonus Bet stake. If it pushes or is voided, DraftKings returns the Bonus Bet after settlement. There’s no additional rollover after you use it once, and any eligible winnings are added to your cash balance.

    What is DraftKings Crown Cash?

    Crown Cash is the rewards currency used through DraftKings Rewards. It shows up as a dollar amount and can be used across eligible DraftKings products, but it can’t be withdrawn as cash. Tier Credits are separate and determine your Rewards status for the year.

    How long does a DraftKings withdrawal take?

    It depends on how you cash out. Debit-card withdrawals can take up to 24 hours, Apple Pay around one day, and PayPal, Venmo, and online banking up to two days in most cases. Checks take longer, with the timing depending on the withdrawal amount.

    Is DraftKings Sportsbook legit?

    Yes. DraftKings Sportsbook works as a regulated sportsbook in the states and jurisdictions where it’s licensed. You still need to be physically located in an eligible area to place sportsbook bets, and state-specific rules can affect which markets and promotions are available.

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