DraftKings: Bet $5, Get $200 Instantly Pros & Cons
About the Bonus
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The DraftKings "GET $200 IN BONUS BETS!" offer is a promotional bonus aimed at new customers of the DraftKings Sportsbook. This bonus becomes available upon a new user making a deposit of $5 or more into their DraftKings Sportsbook account. Following this deposit, the user must then place a wager of at least $5 on any sport. Once these conditions are met, the user is credited with $200 in Bonus Bets instantly.
The bonus is structured as eight $25 Bonus Bets, which are valid for seven days from the time they are credited to the user's account. These bets can be placed on any eligible DraftKings Sportsbook market. However, the amount of the Bonus Bet is not included in the returns or winnings. Moreover, the Bonus Bets are not redeemable for cash, are non-transferable, and non-refundable. They also cannot be used as a qualifying wager for other promotions.
This offer is available only to first-time DraftKings Sportsbook customers during the promotional period, which runs from January 8, 2024, to February 11, 2024. Users must be physically located in specified states in the USA and meet the age requirements for gambling in their respective states to qualify for this bonus.