Bonuses are a crucial part of choosing and sticking with a sportsbook. DraftKings is one of several sportsbooks that consistently rolls out new and innovative promotions for new and existing customers. Let's break down all the current welcome offers for new customers, then look at some of the ongoing promotions available in April of 2021. For a full breakdown of DraftKings, read our DraftKings review.
How do DraftKings bonuses compare to other sportsbooks?
DraftKings Sportsbook ranked 5th overall in our 2021 review for the bonuses and promotions category, which assessed 20 sportsbooks on new and ongoing promotions. DraftKings Sportsbook excels for its ongoing promotions and free contests, while welcome bonuses have teetered back and forth from good to average to eh. DraftKings does not host as many casino-based promotions as other sportsbook, although the one it does offer is a winner.
DraftKings Sportsbook Welcome Bonuses for April 2021
Where competitors such as BetMGM give users the choice of a welcome bonus for either sports betting, casino games, or online poker, DraftKings sticks to its sports betting guns with a deposit bonus up to $1,000. There is also a casino bonus for first-time casino players, but you don't have to choose between one or the other.
Note: In addition to the bonuses mentioned below, DraftKings might offer additional bonuses depending on what state you live in and whether or not you are a new or returning customer. For example, in Michigan DraftKings offers a new user 100% Deposit Match up to $2,000. Bonus money is distributed across four risk-free bets. Bettors must deposit at least $500 and have one week to use the free bets. Any money won must be rolled over at least once. This bonus is one of the better welcome bonuses I've seen, but it is not available nation-wide.
Deposit Bonus up to $1,000
With this promotion, new customers are eligible for a 20% deposit match, yp to $1,000.
- Eligibility - Through 5/2/21 DraftKings is offering all new users a 20% deposit match on their first deposits, up to $1,000.
- How to get it - Create a DraftKings Sportsbook account, head to promotions, click on this promotion and make your first deposit.
- Things to know - Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $5,000 deposit requires a user to play through a cumulative total of $25,000 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $1,000).
- Moneyline subjective score - 4/10. Plug your nose, this bonus is not pleasant. A 25X rollover is the highest I've seen of any U.S. sportsbook since sports betting became legal. Like I mentioned in the notes above, there are much better welcome bonuses available on a state-by-state basis. You can always create a DraftKings account and check the welcome bonuses in your state. If you don't deposit any money you can comfortable wait until a bonus comes along that appeals to you.
No Risk - All Reward
With this promotion, customers new to casino can get $100 in free casino credits. Available in in NJ/PA/WV/MI.
- Eligibility - Through 4/30/21 DraftKings is offering all customers in MI, NJ, PA, and WV $100 in free casino credits.
- How to get it - You don't have to be a new customer to get this promotion, you just have to be new to the casino portion of DraftKings.
- Things to know - Bonus funds will be awarded as free credit and must be wagered through 1x before being withdrawn. Free Credits expire on 5/7/2021. A 1X rollover simply means you must wager all $100 before withdrawing it.
- Moneyline subjective score - 9/10. Sports bettors who have not yet played casino games at DraftKings should take advantage of this offer. A free $100 credit with a 1X rollover requirement is amazing for casino games.
Ongoing Sportsbook Promotions
Ongoing sports betting promotions at DraftKings include profit boosts, pools, odds boosts and free contests, amongst others.
Daily Free to Play Pools
- Available in all states.
- Pools are free and offered on a daily basis. Available for a multitude of sports, all you have to do is guess what you think will happen in each Pools contest. A sample contest would bet guessing which team will cover the spread in each game of a Sunday slate of NFL games.
- Moneyline subjective score - 8/10. These contests are fun and free with a chance to win real money. DraftKings is one of the only sportsbooks to offer these types of contests so take advantage of it.