DraftKings 20% Deposit Match Bonus – Up to $1,000 in DK Dollars

6 min read
Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Last Updated: May 27, 2025, 1:35 PM

Deposit Bonus

21+
DraftKings 20% Deposit Match Bonus – Up to $1,000 in DK Dollars
Medium
to obtain
-300
min. odds
25x
wagering req.
90 Days
wagering period
$5
min. entry
$5,000
max. entry

Our review of DraftKings Sportsbook is intended to provide a thorough, unbiased perspective based on available information. We uphold the principles of responsible gambling and encourage users to set limits, engage thoughtfully, and approach betting as entertainment rather than income. For those who need assistance with gambling-related concerns, please seek support from trusted resources.

Pros & Cons

Pros
High potential value ($1,000 max bonus)
DK Dollars do not expire
Bonus applies to sportsbook, casino, and DFS
Cons
25x wagering requirement is high relative to bonus
Full $1,000 bonus requires $5,000 deposit and $25,000 in wagers
DK Dollars cannot be withdrawn or combined with other bonuses

20% Match for $1,000 DK Dollars– Overview

DraftKings Sportsbook offers a 20% deposit bonus for new users who sign up and make their first qualifying deposit. The maximum bonus available is $1,000 in DK Dollars, which are non-withdrawable site credits. Users receive $1 in DK Dollars for every $25 wagered across DraftKings products, including sportsbook wagers (at -300 odds or longer), paid DFS contests, and casino games.

The playthrough requirement must be completed within 90 days. A full $5,000 deposit is required to receive the full $1,000 bonus. DK Dollars are used before cash balances, are non-refundable, and must be wagered once before any winnings can be withdrawn.

Key Bonus Details

TermDetails
Promotion NameDraftKings 20% Deposit Match Bonus
Minimum Deposit$5
Maximum Bonus Value$1,000 in DK Dollars
Bonus Rate20% of Qualifying Deposit
Wagering Requirement$25 wagered = $1 in DK Dollars
Maximum Eligible Deposit$5,000
Playthrough Deadline90 days from qualifying deposit
Eligible Bet TypesSportsbook (-300 odds or longer), DFS contests, DraftKings casino
Bonus FormatDK Dollars (site credits, 1x use, not withdrawable)
Eligible StatesAZ, CO, CT, DC, IA, IL, IN, KS, KY(18+), LA, MD, ME, MI, NH(18+), NJ, NY, OH, ON(19+), OR, PA, TN, VA, VT, WY(18+), WV
Promo Code RequiredYes, or opt-in via link/button
Bonus ExpirationNo expiration on DK Dollars; 90 days to meet playthrough requirement

How to Claim the DraftKings Deposit Bonus

  1. Register for a DraftKings Sportsbook Account
    Sign up for DraftKings on your desktop or via mobile apps.
  2. Make a Qualifying Deposit
    Deposit at least $5. The amount deposited will determine your maximum DK Dollar eligibility (20% match rate).
  3. Start Wagering
    Place real-money wagers on sportsbook (-300 odds or longer), paid DFS contests, or casino games.
  4. Earn DK Dollars
    For every $25 wagered, you’ll receive $1 in DK Dollars, up to the calculated cap (e.g., $1,000 for a $5,000 deposit).
  5. Use and Convert
    DK Dollars are automatically used first. If your DK Dollar wagers win, you can withdraw the winnings after a 1x wager.
DraftKings Sportsbook

Great Choice for NFL & NBA

Go to Website
icon-21+
CAD
USD
Bank Wire Transfer
8091
User reviews
$10
Min. First Deposit
Varies
Max. Withdrawal
1-7
Withdrawal Speed
3-6%
Vig

Our review of DraftKings Sportsbook is intended to provide a thorough, unbiased perspective based on available information. We uphold the principles of responsible gambling and encourage users to set limits, engage thoughtfully, and approach betting as entertainment rather than income. For those who need assistance with gambling-related concerns, please seek support from trusted resources.

Terms & Conditions

This offer is available only to new users who have never deposited on any DraftKings product. The maximum bonus awarded is $1,000, which requires a deposit of $5,000 and a total wagering volume of $25,000 within 90 days of deposit. DK Dollars are credited progressively as playthrough is completed ($1 bonus per $25 wagered).

DK Dollars cannot be withdrawn, transferred, or refunded and must be used before any cash in your balance. Winnings from DK Dollar wagers can be withdrawn after meeting the 1x wagering requirement. There are no restrictions on withdrawing cash winnings from bets placed using DK Dollars.

Only one first-deposit offer may be claimed per user. Misuse of the promotion or suspicious wagering behavior may lead to disqualification. If requested, customers can cancel participation and withdraw remaining eligible funds not linked to the promotion.

DraftKings 20% Deposit Match Bonus

General Questions on the Bonus

How much do I need to deposit to get the full $1,000 bonus?

You must deposit $5,000 to unlock the full $1,000 in DK Dollars. Lower deposits receive 20% of the amount as bonus potential.

How do I earn DK Dollars after depositing?

You receive $1 for every $25 wagered on eligible products (sportsbook bets at -300 odds or longer, DFS, and casino games).

When do I receive the DK Dollars?

DK Dollars are credited gradually as you meet the wagering requirement, not all at once.

Can I withdraw the DK Dollars?

No. DK Dollars have no cash value and must be wagered once before winnings can be withdrawn.

Do DK Dollars expire?

No, but the wagering requirement must be completed within 90 days of your qualifying deposit to earn the bonus.

Can I combine this bonus with other DraftKings promotions?

No. Only one first-deposit bonus is allowed per customer. DK Dollars cannot be stacked with other first-time offers.

Are all bets eligible for meeting the wagering requirement?

No. Bets must be on sportsbook lines at -300 odds or longer (e.g., -250, +100) and placed with cash, not bonus credits or profit boosts.

<p>With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.</p><p>At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.</p>
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