DraftKings Promo Code: Bet $5, Get $150 in Bonus Bets in January 2024

  • Monday, January 1, 2024 1:30am
  • Reviews

DraftKings is offering all new customers the chance to claim $150 in bonus bets in January 2024 with the generous DraftKings promo code.

Sign up to DraftKings in the United States to get $150 in bonus bets when you place a $5 qualifying bet. For more information on how to claim the DraftKings promo code and on the features that are available with the sportsbook.

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

What is the DraftKings Promo Code in January 2024?

New customers to DraftKings fantastic sportsbook who register for an account this January can be in with the chance to claim one of the best offers on the market of Bet $5 Get $150 in Bonus Bets. Complete the sign-up process at the DraftKings website and click to reveal your exclusive bonus code to use at the site to claim yours and enjoy $150 worth of free bets on DraftKings to use across all of the top sports and leagues, all for the cost of an initial $5 bet.

This is a great way to get yourself started with DraftKings, enabling you to be able to try out various different sports betting markets without spending any of your hard-earned cash. A worthwhile promotion to claim whilst it’s on offer.

Launch Date2012
Welcome OfferBet $5, Get $150 in Bonus Bets
Minimum Deposit$5+
Withdrawal Time1-3 days

How to Claim DraftKings Promo Code

  1. Click here to be taken to the DraftKings Sportsbook sign-up page to create your account and get started.
  2. Once you get to the sign-up page, you will need to enter your personal details when prompted. This will include information such as your name, address, email, date of birth, etc.
  3. Then, you will need to create a unique username and password combination that you will remember. This will then become your unique login to access your DraftKings account.
  4. Once you have completed steps two and three and completed any verification necessary, just sign in to your account and make your first deposit to start your sports betting journey.
  5. Now, click the link to reveal your code to claim your $150 in bonus bets.
  6. Once complete, go ahead and choose any qualifying sports bet and place your $5 bet.
  7. Wait for it to settle and receive your $150 in bonus bets into your sportsbook account.
  8. Finally, enjoying your time playing at DraftKings sportsbook is also important.

DraftKings Legal States

DraftKings Sportsbook is legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

DraftKings Pros and Cons

Established, American-born companyOdds boosts have a low maximum bet limit
Advanced security makes it the safest online sports betting platform.
Proven, industry-leading technology you can count on
Quick and easy to withdraw your winnings

DraftKings Existing Customer Promos

While DraftKings has a fantastic offer for new customers signing up to their site, this is not to say that there are none for existing customers. Full of top offers for everyone, we have highlighted the top existing customer promotions on offer at the Sportsbook.

Refer A Friend

DraftKings has a fantastic refer-a-friend offer for current players to get their friends playing on the site. Invite friends who are not yet registered with the site and receive a sportsbook referral bonus for both you and them. Once they have deposited $25, you will receive $25, too, all the way up to a maximum of $100.

Daily All Sport No Sweat SGP/SGPX

Claim one No Sweat token per day when placing a minimum three-leg same-game parlay (SGP). If your bet loses, DraftKings will return the entire amount back to you as one bonus bet into your account.

Daily odds boosts

Each day at the sportsbook, keep an eye on the DraftKings promotions page for daily odds boosts and offers across an incredible range of different sports and events.

Terms and Conditions of DraftKings Bonus Code

  • 21+ (18+ KY/NH/WY)
  • The promotional offer is valid between 11/14/23 at 12:00 AM Eastern Time (ET) and 1/8/24 at 11:59 PM. Eastern Time (ET) (the “Promotional Period”).
  • Must be physically located in AZ, CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, MI, NJ, NY, NH, OH, OR, PA, TN, VA, WY or WV. (“each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”).
  • To be eligible to earn $150 in Bonus Bets, Sportsbook customers must: (1) be physically located in an Eligible Jurisdiction and obtained the minimum age requirements; (2) have never had a DraftKings Sportsbook account and sign up for a new Sportsbook account; or have a Sportsbook account but never made a deposit in their Sportsbook account; (3) deposit a minimum of $5 into your account; and (4) place a minimum bet of $5 on any eligible DraftKings Sportsbook market during the Promotional Period (the “Qualifying Bet”).
  • Qualifying Bets must come from your cash balance or DK Dollars.
  • Customers who have previously redeemed a pre-launch offer in a new jurisdiction are ineligible for this promotion.
  • Upon completion of the requirements, eligible customers will receive $150 in Bonus Bets instantly, or in the event of technical difficulties within 72 business hours.
  • Bonus Bets will be issued as six (6) $25 Bonus Bets. Additionally, once your bet settles you will receive any cash winnings from your original wager.

Sportsbook Features

There are so many great features to DraftKings that make it one of the best sportsbooks in the United States. We have taken a look at some of these stand-out features below:

Range of Markets

There is an incredible variety of different betting markets and types available at DraftKings for players to choose from. Whether your preference is parlays, moneylines, over/under futures, or totals, DraftKings has them all. Along with an incredible variety of sports too, place bets on the NFL, NBA, NHL, English Premier League, Tennis, and more.


There is a great selection of different promotions on offer from DraftKings. Whether this be the site’s top welcome offers for new customers signing up to the site or its loyalty program for its loyal customers. Players can expect to find the likes of bet boosts, deposit matches, free bets, and referral bonuses from DraftKings Sportsbook.

Payment Methods

DraftKings accepts a great range of different, tried, and trusted payment methods for customers placing their sports bets on the site. It accepts PayPal, Skrill, Play+, eCheck, Check, Online banking, Venmo, Visa, Mastercard, and so many more for both deposits and withdrawals. There are, of course, deposit and withdrawal limits that may apply to these and can vary between methods. An example is Wire Transfers with a minimum deposit requirement of $100.

Mobile App

DraftKings has one of the best mobile apps in the industry available to be downloaded across iOS and Android devices for free. It provides one of the best mobile betting experiences and is highly rated by its users. It has a 4.9/5 star rating on the iOS app store with over 510.4k customer reviews. Meanwhile, the Android app also has a great customer rating, with a score of 4.6/5 from over 120k reviews.

Gamble Responsibly

If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling:

  • Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org
  • CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY – Call 1-800-GAMBLER
  • AZ- Call 1-800-NEXT-STEP
  • IA – Call 1-800-BETS-OFF
  • KS, NV – Call 1-800-522-4700
  • MI – Call 1-800-270-7117 for confidential help
  • MA – Call 1-800-327-5050
  • NY- Call 877-8-HOPENY or text HOPENY (467369)


What is the DraftKings sign-up bonus for January 2024?

All new customers at DraftKings can get $150 in bonus bets when they place a $5 winning moneyline bet.

What is the DraftKings Promo Code?

Click the link provided to reveal the DraftKings promo code for January 2024.

How does the DraftKings sign-up promo work?

Create an account at the site and place a qualifying sports bet of $5 at the site and receive $150 worth of bonus bets into your account to use at the site.

Which states is DraftKings legal in?

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.


The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. does not accept liability for any loss or damages caused by the use of any products, nor do we endorse any products posted in our Marketplace.

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