DraftKings Sportsbook Deposit Match Bonus
You might have heard of DraftKings, as it's been around for quite a while now. But now that sports betting has grown in the US, DraftKings is upping their game by offering new users up to $1,000 as a 20% deposit match.
With a deposit match you can basically dictate how much your bonus is
All you need to do is place a first deposit, and 20% of that will be added to your account as free bets!
How does the DraftKings Promo Work?
We love deposit bonuses because of how simple they are, and how much control you have over the bonus amount.
As a new user, this deposit bonus is linked to how much you put into your account initially. The bonus adds 20% of your deposit as free bets, up to a grand total of $1,000. If you want the whole 1k, you will need to put $5,000 in your account when you sign up, and then play through the requirements.
How to Claim the DraftKings Sportsbook Welcome Offer
This handy tracker will keep you on top of how much of the deposit bonus you are able to claim!
Head to the Betting App
Hit one of the green 'CLAIM' buttons on this page to activate your bonus and you'll be sent over to DraftKings Sportsbook.
The next thing to do is find your state, and get the registration process going. You will need some personal details like:
- Social Security Numer
- Phone Number
Don't worry, this is all totally normal for a betting app to ask for, and they make it very simple to work through the sign-up process.
Download the App
Now that you're registered, just head to the App Store or Play Store depending on whether you use iPhone or Android, and download directly from there. Once installed, just sign in and you're good to go!
Make Your First Deposit
This is where the DraftKings bonus comes into play.
After making your first deposit, your account will receive a bonus equivalent to 20% of your deposit. So, if you deposit $200, your account will receive a $40 bonus after you have fulfilled the playthrough requirements.
There is a $5 minimum deposit.
What is the playthrough requirement?
DraftKings Sportsbook has a 25x playthrough requirements, so for every $25 spent, the user will receive $1 until their max bonus amount is met.
This is a very high barrier to receiving the full bonus, but the good news is that your bets are tracked across all DraftKings platforms. This means money spent across daily fantasy, sports betting, and the casino all count towards acquiring your bonus funds.
Plus, unlike many risk-free bets offered by competitors, you get your bonus whether you win or lose! Both of these make the pill of the playthrough requirement a bit easier to swallow.
- Must both be over the age of 21 and physically present in a legal state to be eligible to participate in this promotion
- Deposit bonus will be awarded after fulfilling the playthrough requirements
- 25x playthrough requirement on deposited funds
- Users are only eligible to claim this new customer offer once
- Offer only available to new customers within the first 30 days of opening an account
- Free bet amount excluded from any winnings
- Free Bet must be used within 14 days
Visit DraftKings Sportsbook for full Terms & Conditions
Tips for Using a Deposit Bonus
Deposit bonuses are an awesome way to start betting with a new betting app, primarily because it is linked to your deposit amount, and doesn't rely on winning or losing a wager!
- You Choose the Amount: Given this bonus is linked to the amount you deposit, the more money you're comfortable putting in the more you'll get out. We always say to put in what you are comfortable with, but keep in mind the onus percentage because maxing it out will put more money in your account later.
- Turnover Requirments: Any time you sign up for a new sports betting app, check the turnover requirements on the bonus, the higher the amount to more money you'll have to risk to get the bonus.