DraftKings North Carolina Promo Code Dec. 2023: Bet $5, Get $200 in Bonus Bets

Expected DraftKings North Carolina promo code details

DraftKings features one of the better sportsbook promos for first-time customers based on the risk-to-reward factor. You just have to make a first bet of only $5 on any market, with any odds. Win or lose, DK will give you $200 in bonus bet credits, which are divided into eight $25 sections. 

You can claim the offer in just a few clicks. You don’t need to use a North Carolina DraftKings promo code to activate this deal, as it's done automatically for all eligible users. 

DraftKings is known for switching up its sign-up promo from time to time. Their usual offer is a bet $5, get $150 in bonus bets deal, but they raised it the celebrate the start of the new NFL season. If they change it again, return to this page for the most up-to-date information on all things related to the launch of North Carolina sports betting in early 2024.

Gambling problem? Call 1-800-GAMBLER. 21+

How to use DraftKings North Carolina promo code

When DraftKings goes live in North Carolina, you can head to its website or app and claim the welcome offer. Here’s a quick step-by-step to help you get started:

1. Register

Use this link to go to DraftKings website or download the mobile app to your device. Click or tap the "Sign Up" button to create your account.

You'll have to input some standard personal information, like your full name, address, and social security number. You'll also be prompted to enter your email and pick a unique username and password.

Remember that you don't need a DraftKings North Carolina promo code to take advantage of any welcome bonus.

2. Deposit

Find the "Banking" or "Cashier" option to initiate your first deposit. Pick your preferred banking method from the available options, like Visa, Mastercard, PayPal, or VIP Preferred. You can fund your account with as little as $5 (with most methods). Deposits are usually processed very quickly, so you should be ready to place your first bet in no time. 

3. Place a qualifying bet

Place at least a $5 bet on any market, with any odds. It can be a pre-game moneyline bet on the Panthers or a live player prop bet on the Charlotte Hornets. It doesn't really matter. You will immediately receive your $200 in bonus bets. If your qualifying bet wins, you'll get that amount added to your account when the wager settles.

4. Claim the bonus

Your total bonus will be $200, divided into eight $25 bonus bets. You can place your bonus bets on all eligible sports and markets. Remember that you must use all of them within seven days (168 hours) from the moment they are credited to your account. 

Bonus bets cannot be withdrawn as cash, so you must make additional picks to use them up. The bonus bet stake amount is not included in any winnings, so keep that in mind when deciding how to use them.

5. Withdraw your winnings

Hopefully, your qualifying bet and some of your bonus bet picks were winners. When you have an account balance to cash out, just head back to the banking section and find the "Withdraw" option.

Follow the steps to input your financial details and the amount you want to cash out. Depending on the method, most DraftKings payouts take one to five business days to hit your account.

DraftKings North Carolina promos

Although North Carolina has offered legal sports betting for some time, it's been limited to just three retail locations. It wasn’t until 2023 that a new sports betting bill (HB 347) arose, focusing on online betting.

The North Carolina House voted 68-45 in favor of the bill on June 7, 2023, with Gov. Roy Cooper signing it a week later. The bill allows the state to license up to 12 online betting skins, while retail betting can expand to up to eight more locations. Online betting in North Carolina could begin as early as January 8, 2024.

It's currently unclear which 12 betting sites will receive licenses from the North Carolina Lottery Commission. However, we can safely assume DraftKings will be among the first applicants, considering it has historically had a pretty aggressive approach to entering new markets.

DraftKings North Carolina promo code terms and conditions

The DraftKings welcome offer is simple enough, but you should review some key terms thoroughly. Ensure you understand the promotion's ins and outs before claiming it when online betting goes live in NC.

• The bonus is only available to 21+ individuals with no previous account on the DraftKings sportsbook.
• You must deposit and wager at least $5 to get the bonus. All odds and bet types are eligible, although you can’t make your first bet using any special odds boost or profit boost offers.
• When your bet settles, you will instantly receive eight (8) $25 bonus bets, totaling $200 in bonus bet credits.
• All bonus bets expire seven days (168 hours) after being credited to your account.
• Bonus bets must be wagered; they can’t be redeemed for cash or other bonuses.
• The stake part of the bonus bets is not included in the winnings (e.g., if you use a $25 bonus bet on +100 odds and win, your total payout will be $25 instead of the usual $50).
• Using a North Carolina DraftKings promo code is not necessary.

It's that easy. For just a $5 initial risk, you'll get $200 in bonus bets that you can use to make additional wagers on the site. These eight $25 credits are a great way to spread some bets around various markets and get a better feel for the DK betting app. In our opinion, it's one of the best North Carolina sportsbook promos you can get.

DraftKings North Carolina review

DraftKings runs one of the best online sportsbooks in the country. Here’s a general overview, but you may want to check out our in-depth DraftKings review to learn more.

• DraftKings initially launched as a fantasy sports website in 2012. It was founded in Boston, Massachusetts, where it still has its headquarters.
• DraftKings decided to expand into sports betting after the Professional and Amateur Sports Protection Act (PASPA) was ruled unconstitutional by the U.S. Supreme Court in 2018.
• The company first received an online betting license in New Jersey.
• North Carolina will be one of over 20 states hosting the DraftKings online sportsbook. Aside from the United States, DraftKings is legal in Ontario, Canada, and a handful of European nations.
• DraftKings ranks among the top online sports betting platforms in the U.S., holding nearly one-third of the total market share (second only to FanDuel). The FanDuel vs. DraftKings rivalry is a fierce one.

Picking DraftKings as your go-to sportsbook is always a good choice. Aside from its great welcome offer, which we already discussed, DraftKings has many other qualities, including a cutting-edge mobile app, a rich menu of sports and competitions, an abundance of betting options, and several unique features.

DraftKings North Carolina mobile app experience

DraftKings features one of the finest sports betting apps in the business. The app’s interface and design are easy on the eyes, and navigating to a desired game and betting market is a breeze. 

We especially like how the app organizes market navigation. Instead of tapping on the game and browsing to find a specific bet type, you can simply choose a desired market from the dropdown list without leaving the page. You can save precious seconds, which is especially crucial when live-betting or making other time-sensitive wagers.

All these excellent qualities are reflected through ratings, with the DraftKings mobile app boasting 4.8 stars on the Apple App Store and 4.6 stars on the Google Play Store, with over 600,000 reviews. For these reasons, we rank it as one of our top North Carolina sports betting apps.

DraftKings North Carolina live betting experience

If you enjoy the thrill of making split-second decisions and capitalizing on momentum shifts through in-play betting, you’ll have a hard time finding a better platform than DraftKings.

Using Simplebet’s technology, DraftKings offers a comprehensive live betting experience where you can bet on standard in-play markets and enjoy a robust selection of micro-bets. This ultra-quick way of betting entails predicting a number of small-scale in-game occurrences, like the method of the next scored basket or which tennis player scores the next point.

DraftKings is easily one of the best live betting sites on the market and will continue to hold that ranking when it launches in North Carolina.

DraftKings North Carolina sports and market range

DraftKings caters to all types of bettors when it comes to diverse sports options and market coverage. Whether you want to make a simple parlay consisting of a few Sunday NFL games or seek value in niche sports like lacrosse, handball, or Jai Alai, DraftKings has you covered.

While there are more than 20 sports you can bet on, the focus in North Carolina will certainly be the major North American leagues like the NFL, NBA, MLB, and the NHL. The most popular events have even wider betting markets, with plenty of alternate lines and game or player props.

For example, a typical Carolina Panthers NFL game will feature dozens of markets, including tons of prop betting options. Meanwhile, an obscure international table tennis match may only offer a betting option on the moneyline.

Like most contemporary sportsbooks, DraftKings has the Same-Game Parlay (SGP) feature, allowing you to combine bets from the same event. These games will have an SGP marker on them. Meanwhile, you can also make an SGPx bet to combine SGP from two different games, increasing the potential payout. DraftKings is among the best parlay betting sites on the market, which should please North Carolina bettors when it goes live in their state. 

DraftKings North Carolina standout features

The Stats Hub feature makes DraftKings truly stand out from its competitors. While browsing the app, you’ll notice the Stats Hub tab next to Game Lines. There, you can see key statistics and trends for several featured games. The feature is designed to help you make a more informed decision on your picks. 

The stats are not just displayed at random. Instead, you'll find a related wager next to any key stat. For instance, you may have a stat saying that the San Francisco 49ers had won each of their last 11 games when they were favorites. Next to that, you'll see a shortcut for a 49ers moneyline bet on their next matchup.

You can also look for specific trends by yourself. Just move the sliders labeled “last five games,” “home field advantage,” “conference record,” and more. Stats Hub will automatically adjust the date to show you your desired trends. Then, the tool will generate a few suggested bets to coincide with those trends.

Aside from regular sports betting, DraftKings also offers Pools. This method is similar to parimutuel betting, where every participant pays an entry and makes certain predictions. For example, in the NFL Sunday Week Spreads Pool, you can make point spread picks for all the games played that week. If you get all the picks right, you share the prize pool with the rest of the winners.

DraftKings North Carolina odds and profit boosts

Like all the best sportsbooks, DraftKings bumps the odds on a select number of daily bets. You can also opt-in for a profit boost on specific games, where your initial payout may increase by up to 50%.

Another way DK bolsters its original prices is through a feature called Odds Surge, which lets the bettor choose which odds to boost on a given event.

Of course, some of these boosts seem a little too generous, so they’ll come with strict wagering limits, often around $25 or $50. Still, being able to bet on a heavy favorite for even money (or better) can provide a lot of value in the long run. 

DraftKings North Carolina deposit and withdrawal options

When making payments at the DraftKings sportsbook, you'll find a standard selection of options. The operator accepts all major credit and debit card providers, along with PayPal, Play+, Venmo, wire transfers, online banking, checks, and more.

The platform is ideal for recreational bettors, as the deposits begin at as little as $5 (compared to a $10 minimum deposit limit at most rivaling sportsbooks), while the minimum stake for most wagers is just $0.10. Remember that triggering the DK welcome bonus only takes $5.

Payment processing is also relatively quick, with the standard pending time on all withdrawal requests between 24 and 48 hours. Once the withdrawal is approved, you may need to wait a bit more to receive your winnings, depending on the chosen method. Electronic payments via services like PayPal are the quickest (within several hours), while the slowest method is the paper check (seven business days or more). 

Regardless of your cash-out method, rest assured that DraftKings is among the fastest payout sportsbooks in the industry. 

DraftKings North Carolina customer service

DraftKings has a comprehensive help section full of knowledgeable articles on everything from account management and payment information to teaching novice bettors how to read odds and make sense of the sportsbook’s features.

If you need further assistance, you can contact them via live chat, email, or even reach out on social media:

• 24/7 Live Chat
• Email: sportsbook@draftkings.com
• Callback support for complex issues for Sportsbook and Casino only.
• Customer Support Twitter: @DK_Assist

DraftKings North Carolina quick facts

North Carolina sports betting history and handle

North Carolina legalized retail sports betting in 2019, although it only accepted its first legal sports wager in 2021. The state currently boasts three retail sportsbooks at three of its tribal casinos (Catawba Two Kings Sportsbook at Two Kings Casino, The Book at Harrah's Cherokee Casino Resort, and Harrah's Cherokee Valley River Casino & Hotel).

House Bill 347, voted in by the North Carolina House of Representatives and signed by Gov. Roy Cooper in June 2023, will bring up to eight more retail sportsbooks to the state. It also allows up to 12 online sportsbooks to be licensed. 

Under the new legislation, online sports betting in North Carolina could launch as early as January 8, 2024. However, a firm date has not yet been finalized. 

Latest North Carolina sports betting news

Sept. 11, 2023: The North Carolina State Lottery Commission hires Gaming Laboratories to assist them in establishing online sports betting regulations and operational framework.

June 14, 2023: Governor Roy Cooper signed HB 347 into law, legalizing online sports betting in the state. The launch of online sportsbooks is expected to follow in early 2024.

June 7, 2023: The NC House of Representatives approves HB 347 by a vote of 68-45.

June 1, 2023: The North Carolina Senate passes the legal sports betting bill, HB 347, clearing the way for the bill to become law.

March 13, 2023: Rep. Jason Saine files HB 347, a bill that would legalize online sports betting in North Carolina. Up to 12 online sportsbooks would be permitted under the proposed legislation. 

North Carolina sports betting handle

The handle is how much money bettors risked in a certain period, typically measured monthly. When legal online sports betting does launch in North Carolina, we'll keep you updated on the latest handle figures.

Other expected sportsbooks in North Carolina

The law allows for up to 12 online sportsbooks in North Carolina. However, which companies will attempt to claim one of the dozen spots is still unclear. We can make a few educated guesses, as the big players like FanDuel and Caesars are available in most legal states. Other companies, like bet365, Fanatics, and ESPN BET are still trying to establish market share.

As for others, here’s a list of possible candidates:

Where is DraftKings Sportsbook legal?

DraftKings is available in almost two-dozen states with legal sports betting, plus the Canadian province of Ontario.

Related Guides: BetMGM North Carolina Promo Code and FanDuel North Carolina Promo Code.