DraftKings Promo Code: Get Up To $300 in Bonus Bets for the Fourth of July Sports Slate

DraftKings Promo Code: Get Up To $300 in Bonus Bets for the Fourth of July Sports Slate article feature image

Photo by John Fisher/Getty Images

The Fourth of July brings features some exciting sports action with the MLB, WNBA, Wimbledon, and Copa America on the docket. You can use the DraftKings promo code to sign up and bet on any event on Thursday.

The DraftKings Sportsbook welcome offer differs, depending on your location. You can activate the $150 in bonus bets promo here and place a $5 first bet. DraftKings will instantly provide $150 in bonus bets, regardless of the bet's outcome. Bonus bets are paid out in six $25 increments.

In other DraftKings legal states, you can get up to $300 in bonus bets. The amount of bonus bets you receive depends on your first bet — it takes a $50 first bet for $300 in bonus bets. You can opt for a lower amount, with a $5 first bet netting $150 in bonus bets or a $10 bet to get $200 in bonus bets. Claim this sign-up bonus here or click the module on this page.

Bonus bets expire in seven days. You can use them on any event or sports betting market available at DraftKings Sportsbook.

How to Use DraftKings Welcome Offer on July 4

We can bet on any event today to unlock the DraftKings bonus bets. DK immediately pays out the bonus bets, so you don't have to wait for your first bet to settle.

Below, we'll give you an example of both welcome offers at DraftKings. For our first bet, let's wager on the Cincinnati Reds defeating the New York Yankees. The game begins at 1:05 p.m. ET.

  • Bet $5, Get $150 Offer: A Reds win means you keep a small profit, while you lose the $5 with a loss. Either way, you'll have six $25 bonus bets.
  • Bet $50, Get $300 Promo: A Reds victory gives you a profit over $50, but you lose that money with a Yankees victory. You'll receive the $300 in bonus bets simply by placing your first bet.

Remember, the bonus bets are distributed in $25 increments. You don't have to use them all on Thursday, but be sure to use them prior to the seven-day expiration period.

No matter when you use the bonus bets, you want to target a longshot, near +300 odds. This is a good long-term strategy since those odds provide more expected value. This is merely a suggestion, as you can bet on any market when using bonus bets.

I should note that the bonus bet stake is not included in your payout, regardless of the outcome of the bonus bet. Therefore, you either get the winnings or net zero when using bonus bets.

Let's say you use a $25 bonus bet on the Washington Mystics +8 (+310) in Thursday night's WNBA contest with the Las Vegas Aces. If that bet wins, you're looking at a $77.50 payout.

Sign Up for DraftKings Sportsbook

  1. Click through the sign-up link on this page to visit the DraftKings registration page.
  2. Select your state to begin the new user sign-up process.
  3. Enter your details: Name, Date of Birth, Last four digits of your SSN, Home Address, Phone Number, etc.
  4. Accept the Terms & Conditions.
  5. Confirm your location by downloading the GeoComply plugin.
  6. Make your initial deposit using an eligible payment method.
  7. Place your first bet of at least $5 and the bonus bets are yours — instantly!

21+. Must be physically located in AZ, CO, CT, IN, KS, KY, MA, MD, ME, NY, TN, VA, WV. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (AZ/CO/IA/IL/IN/KS/KY/LA/MD/ME/MI/NC/NH/NJ/OH/OR/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. Call 888-789-7777/visit ccpg.org (CT), or visit www.1800gambler.net (WV).

How would you rate this article?

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only. Action Network makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event.