Welcome Bonus
About the Bonus
DraftKings Sportsbook offers a promotional bonus aimed at new customers. Upon fulfilling certain criteria, individuals can receive $150 in Bonus Bets. This offer is accessible to first-time customers of the DraftKings Sportsbook who meet the eligibility requirements. To participate, customers must deposit a minimum of $5 into their DraftKings Sportsbook account and place a bet of at least $5 on any sports market within a specified promotional period. Regardless of the outcome of this initial qualifying bet, participants are instantly awarded $150 in Bonus Bets. These are distributed as six $25 Bonus Bets. This promotional incentive is designed to welcome new users to the platform, giving them an immediate boost to their betting options with the $150 in bonus bets provided they meet the promotion's specific requirements and conditions.
Pros & Cons
Pros
- Immediate Bonus Receipt: Participants receive the $150 in Bonus Bets instantly after placing a qualifying wager, ensuring immediate access to the bonus.
- Low Entry Requirement: With a minimum deposit and bet of just $5, the offer is accessible to a wide range of customers.
- Broad Eligibility: Available in numerous jurisdictions and to customers aged 21+ (18+ in specific states), widening the pool of eligible participants.
- Flexible Market Options: The qualifying bet can be placed on any sports market, offering participants a wide range of betting options.
Cons
- Bonus Bets Validity: The Bonus Bets expire seven days after being credited, limiting the time frame in which they can be used.
- Non-Cashable Bonus Bets: Bonus Bet amounts are not included in any returns or winnings and cannot be cashed out.
- Limited to New Customers: Only first-time DraftKings Sportsbook customers can avail of the offer, excluding existing users.
- One Qualifying Wager Per Customer: Limitation of one qualifying wager per customer restricts the opportunity for additional bonus bets through multiple bets.
How to Claim the Welcome Bonus
To participate in the DraftKings $150 Bonus Bets offer, a straightforward process must be followed. Interested individuals need to ensure they meet the eligibility criteria, such as being a new customer and located within the eligible jurisdictions. Here’s a step-by-step guide to claiming the bonus:
- Sign Up for a DraftKings Sportsbook Account: Create a new account with DraftKings Sportsbook, ensuring you meet the eligibility criteria.
- Deposit Funds: Make a deposit of $5 or more into your newly created DraftKings Sportsbook account.
- Place a Qualifying Bet: Bet at least $5 on any sports market of your choice within the promotional period.
- Receive Your Bonus: Upon placing the qualifying bet, $150 in Bonus Bets will be instantly credited to your account.
Terms & Conditions
Understanding the terms and conditions is crucial for anyone interested in the DraftKings Sportsbook $150 Bonus Bets offer. Here’s an overview:
- Eligibility: First-time DraftKings Sportsbook customers only.
- Deposit Requirement: Must deposit $5+ into your Sportsbook account.
- Qualifying Wager: Place a wager of $5+ on any sport during the promotional period.
- Bonus Format: $150 in bonus bets, issued as six $25 Bonus Bets.
- Validity Period: Bonus Bets valid for seven days from the time of credit.
- Non-Redeemable: Bonus Bets are not redeemable for cash, non-transferable, and non-refundable.
- Usage Restrictions: Bonus Bet cannot be used for the qualifying wager and is excluded from certain promotions and betting markets.
- Jurisdiction and Age Requirements: Must be 21+ (18+ in specified states) and located in eligible jurisdictions.
Great Choice for NFL & NBA
Final Thoughts
The DraftKings $150 Bonus Bets offer presents a structured incentive for new customers to join the platform. With a minimal entry barrier and the immediate availability of bonus funds, it's positioned as an attractive introduction to DraftKings Sportsbook. However, the offer comes with specific limitations and conditions, such as the validity period of the bonus bets and the exclusivity to new customers. Prospective participants should carefully consider these factors and the terms and conditions to fully understand and benefit from the promotion.
