Right now, the DraftKings bonus bets welcome deal is pretty straightforward: if you’re a new customer and place a qualifying bet of $5 or more, DraftKings drops $300 in bonus bets instantly into your account. They show up as twelve $25 credits. On top of that, you get a code for $200 off NFL Sunday Ticket from YouTube or YouTube TV.
There’s no DraftKings promo code needed if this offer is showing in the app or on site. You just need to be in one of the eligible states, 21 or older (18+ in DC, KY, and WY), and make that first wager during the promo window.
So, What Are Bonus Bets on DraftKings Sportsbook?
Think of bonus bets on DraftKings as betting credits, not real money. You can’t pull them out of your account, but you can use them to place a bet. If that bet hits, you keep the cash winnings. If it doesn’t, the credit just disappears, but your own money stays untouched.
Here’s the catch: the bonus bet stake never comes back to you. For instance, if you drop a $50 Bonus Bet on a +200 play and win, your return is $100 in profit, not $150, because that $50 credit isn’t part of the payouts.
Ground Rules for Using Them
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One per slip. You can’t attach multiple bets worth of credits at once.
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Use the whole thing. Bonus Bets can’t be chopped up into smaller wagers.
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Where you can use them. Moneylines, point spreads, totals (overs/unders), player props, parlays, SGPs, even live betting is fair game. However, teasers are off the board.
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Don’t wait too long. Bonus Bets expire after seven days.
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Profit only. A win adds the profit to your cash balance; the credit itself is gone either way.
DraftKings also runs ongoing promotions for existing players (think stuff like deposit bonuses, “bet and get” offers, or boosts around big sports events), acting as another way to earn bonus bets, which we’ll get into in the next section.
21+ (18+ in DC/KY/WY). Available in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY, and WV.
How to Earn Bonus Bets
There are two main ways players can pick up DraftKings bonus bets: the one-time welcome deal for new customers, and rotating promotions for folks who already have a DraftKings account.
For New Customers
The headline deal right now is clear: Bet $5+ Get $300 in Bonus Bets Instantly + Over $200 Off NFL Sunday Ticket!, meaning the outcome of your first wager doesn’t matter: win or lose, the credits land in your account right away.
A quick checklist for getting it:
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Register for a DraftKings account and confirm your info.
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Make your first deposit.
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Place that first qualifying wager of $5 or more.
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Once your first bet is placed, the credits appear in Rewards. We’ll cover how to use them in the next section
From there, you can use them on whatever you want. Just remember: the bonus bet stake doesn’t come back on a win, and the credits are void seven days after you get them.
For Existing Customers
Once you’re past the sign-up stage, you can still earn bonus bets through regular promos. DraftKings runs these throughout the sports calendar, often tied to specific events or bet types.
A few of the most common are:
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Bet and get rewards. Place a certain number of multiple bets in a week and get potential winnings in the form of bonus credits once they settle.
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Same game parlay (SGPs) boosts. Extra tokens or insurance tied to building a game parlay around one matchup.
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Live betting specials. In-game offers where a qualifying in-play wager gets you a bonus.
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Deposit bonuses. Occasionally, funding your account during a promo window triggers extra credits.
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Money back as Bonus Bets. Some offers refund a losing play (up to a set limit) with site credits instead of withdrawn cash.
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Seasonal promos. March Madness, the NFL playoffs, or the World Series are all stretches when the sportsbook tends to roll out bigger incentives.
The exact details change, and some promos carry odds or market restrictions. To stay current, check the DraftKings promotions page in the app or on site, as that’s where the latest ways to pick up a reward are posted.
How to Use Your DraftKings Bonus Bets Instantly
You’ll manage credits in Rewards › My Rewards inside your DraftKings account. That page shows what’s available, what’s pending (waiting on a qualifying result), and what’s close to expire. It’s the best place to track your tokens before you head to the bet slip.
Read the Slip: Profit Math and 'Potential Winnings'
When you attach a credit, the bet slip displays potential winnings based on the odds. Remember, only the profit returns to your cash balance.
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Single bet example: A $25 Bonus Bet at +150 shows $37.50 in winnings. The bonus bet stake isn’t part of the payout.
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Parlay example: A three-leg game parlay at +425 with a $25 credit shows $106.25 in profit if it hits.
If you need to switch the credit to a different pick, remove it on the slip and re-add on the new selection. No funds are touched until you place the wager.
On the other hand, you can’t put two credits on the same bet slip, but you can use them sequentially: place one bet, then open a new slip and apply the next credit. It’s a simple workflow for days with multiple games.
Terms & conditions: "GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new DraftKings customer. $5+ first-time bet req. Get 1 promo code to redeem discounted NFL Sunday Ticket subscription and max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. NFL Sunday Ticket: YouTube TV base plan (not included in this offer) required to watch NFL Sunday Ticket on YouTube TV. Subscription autorenews yearly at then-current price (currently $378 for YouTube TV subscribers, or $480 for YouTube subscribers); cancel anytime. Terms, restrictions, embargoes and eligibility requirements apply. No refunds. Digital only games excluded. Commercial use excluded. Offer ends 9/29/25 at 11:59 PM ET. Sponsored by DK. "
Tips for Making the Most of DraftKings Bonus Bets
You already know the basics: now here’s how to squeeze the most out of your credits on DraftKings.
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Act fast. Bonus Bets are void in 7 days. Don’t let them vanish from your account.
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Think plus money. Since the bonus bet stake isn’t returned, plays at longer odds (+150, +200, etc.) usually deliver better profit than heavy favorites.
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Pick spots you like. They’re free credits, but using them on markets you follow gives you a better shot at turning them into something valuable.
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Use promos. Beyond the welcome offer, you can still earn bonus bets from ongoing promotions.
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Parlays with care. A single game parlay or even a bigger parlay can stretch your potential winnings, but comes with more risk.
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Check the app. New promos pop up often, from live betting specials to money-back insurance. The Promotions tab in the app is where fresh angles live.
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New customers: If you haven’t signed up yet, the headline offer is still as follows: Bet $5+ Get $300 in Bonus Bets Instantly + Over $200 Off NFL Sunday Ticket! No promo code needed if the tile is live and eligible in your state (as long as it's an online sports betting legal state).
In short: use the full token, play in markets you know, and don’t wait until Day 7 to remember you had a credit sitting there.
They are site credits, not cash. Place a qualifying wager with a credit, and if it wins only the profit goes into your cash balance. The bonus bet stake is not returned as part of payouts. If the bet loses, the credit disappears and no money is withdrawn from your account.
New customers can take advantage of the following promo: Bet $5+ Get $300 in Bonus Bets Instantly + Over $200 Off NFL Sunday Ticket! The credits are issued as twelve $25 tokens, along with a code for 200 off NFL Sunday Ticket through Sunday Ticket from YouTube or YouTube TV.
No promo code is needed if this offer is live in your state. Existing customers can also earn bonus bets through ongoing promotions like deposit bonuses, bet and get offers, and event-based rewards.
Bonus Bets live under Rewards › My Rewards in your DraftKings account. Add a pick to your bet slip, select Apply Reward, and place the bet. Only one credit can be applied per slip, and the full amount must be used at once.