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Terrence Shannon Jr. #0 of the Illinois Fighting Illini celebrates as we look at our DraftKings promo code for March Madness
Terrence Shannon Jr. #0 of the Illinois Fighting Illini celebrates his 3-point basket against the Wisconsin Badgers in the second half at Target Center during the Championship game. Photo by David Berding/Getty Images via AFP.

This DraftKings promo code gets new users $150 in bonus bets when they bet $5 on March Madness (or any market) after registering with DraftKings today!

DraftKings is providing new users in eligible U.S. states with $150 in bonus bets when they bet $5. The good news is there's no promo code needed, you can just click here to register.

Bet $5, Get $200 in Bonus Bets

+ No Sweat SGP Every Day of NBA Playoffs πŸ€

Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site. 21+. Gambling can be addictive, please play responsibly

DraftKings offers for existing customers

The bet $5, get $150 in bonus bets offer is only available for new users to DraftKings, but the offers certainly don't stop there.

After claiming DraftKings' welcome offer, existing customers can get a 64% profit boost for any one CBB bet from today through Sunday! Users can also get a bonus bet back if a wager on the moneyline for a double-digit seed loses. Just click here!

How the DraftKings promo code works

The DraftKings promo code is only for new customers in eligible states. If you’ve never bet with DraftKings before, follow the steps below to claim your welcome bonus and get started today:

  1. Click here to claim the sign-up offer. There's no promo code needed! (This promotion is not available in Ontario.)
  2. Select your state.
  3. Follow the prompts and enter your name, address, birth date, etc.
  4. After registering and confirming your identity and location, deposit at least $5. You will receive $150 in bonus bets to use on the event of your choosing after an initial wager of at least $5. 
  5. Your first wager of $5+ is your qualifying wager.
🚨 DraftKings promo codeBet $5, get $150 in bonus bets
😊 DraftKings bonusBet $5, get $150 in bonus bets
➑️ DraftKings promo typeNo sweat
πŸ’° Minimum deposit$5
πŸ’΅ Minimum wager$5
πŸ‡ΊπŸ‡Έ U.S. Legal statesAZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, NC, NH, NJ, NY, OH, OR, PA, TN, VT, VA, WV, WY
🏟️ Eligible bet typesAll bet types
πŸ“± DraftKings mobile appiOS & Android
βœ… Last verifiedMarch 2024

Gambling problem? Call 1-800-GAMBLER

DraftKings Sportsbook features

Among the many standout features of DraftKings is its comprehensive coverage of sports. It offers a wide range of sports options, including major professional leagues, international sports, and niche sports.

It also offers a user-friendly interface and mobile accessibility. DraftKings is known for being easy to navigate and place bets with. Additionally, DraftKings provides a mobile app for both iOS and Android devices, allowing users to enjoy the convenience of betting on their preferred sports from anywhere at any time.

DraftKings also strives to offer competitive odds across various sports, ensuring that users can find favorable betting lines. Moreover, it provides a diverse range of bet types and markets, including traditional options like the moneyline and point spread, as well as prop bets, futures, and live betting. This wide selection caters to the preferences and strategies of different bettors.

Click here for our full DraftKings review.

Who can claim a DraftKings promo code?

This promo code is available to any new customer located in one of the following states:

(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.

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