SBNY » DraftKings Promo 2023: Free $50 Bet & Up to $1,000 Bonus

DraftKings Promo 2023: Free $50 Bet & Up to $1,000 Bonus

Draftkings are currently offering all new users a generous bonus promo that entitles a free $50 wager and up to $1,000 in bonus funds.

Draftkings are currently offering all new users a generous bonus promo that entitles a free $50 wager and up to $1,000 in bonus funds.

DraftKings initially joined the online gambling scene as a daily fantasy sports giant, but they have expanded with the rest of the industry, providing both an outstanding sportsbook and a state-of-the-art online casino product.

This promo has plenty of important aspects to take note of that make it unique to the DraftKings platform. 

  • $1,000 bonus is a 20% deposit match for new users
  • Only available to new users
  • Minimum of a $5 deposit
  • All acquired bonus funds are acquired in the form of site credit

DraftKings Promo Code Offers

DraftKings offers a couple of promos outside of the Free $50 Bet & Up to $1,000 Bonus offer. Here are the most noteworthy for New York bettors:

  • $200 in Bonus Bets: New users are able to take advantage of an offer that grants new customers $200 in Bonus Bets after they wager $5 on any available sports market. Users are unable to utilize the Free $50 Bet & Up to $1,000 Bonus offer and this offer together.
  • Refer a Friend Promo: At any time after registration, users are able to refer up to five friends and once they make a minimum deposit or more, the user who referred them will receive a 100% profit boost on a wager. There is a maximum of five profit boosts on this promo.

How the Promo Works

With the Free $50 Bet & Up to $1,000 Bonus offer, there are many aspects of the terms and conditions that must be taken into account:

  • Wagering Requirements: The initial deposit to be eligible for the promotion is $5. The playthrough requirement for this promo is 5x, meaning that a user will only be able to withdraw their bonus funds on a deposit of $5,000 once they play through a total of $25,000. Because the promotion is a 20% deposit match, a $1,000 bonus is acquired for a $5,000 deposit. The playthrough requirement must be met within 90 days of registration.
  • New Customers Only: This offer is only available to new users of the DraftKings platform.
  • Qualifying Wagers: This offer is available for all DraftKings products including DraftKings Sportsbook, daily fantasy sports, and DraftKings Casino. In the sportsbook, the wagers as part of the promo need to be -300 odds or longer.

With DraftKings Sportsbook having such a great offer for new users, it is definitely a good time to try out the platform. 

DraftKings Sportsbook Promo Details

Starts on01/01/2023
Expires on02/11/2023
Promo TypeNew User Promo
SportsbookDraftKings Sportsbook
How to EnterSign Up & Bet
3.8 rating
Welcome Bonus
Free $50 Bet
Plus $1000 Deposit Bonus
Make a min. $5 first-time deposit and receive your $50 free bet, instantly! Plus, get a deposit bonus up to $1,000!
T&Cs Apply
T&C Apply

Promo ends 12/31/2022
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