DraftKings Sportsbook has established itself as one of the dominant forces in US sports betting, operating a proprietary technology platform across 27 states plus Washington D.C. As of December 2025, DraftKings employs a tiered welcome bonus strategy that varies by market maturity, offering enhanced incentives in newly launched states like Missouri while maintaining a performance-based bonus structure in established markets.
| DraftKings Promo | States | Key Condition |
|---|---|---|
| Bet $5, Get $200 in Bonus Bets | Most states (NY, NJ, PA, IL, etc.) | Initial bet must WIN |
| Bet $5, Get $300 in Bonus Bets | Missouri only | Guaranteed (Win or Lose) |
The standard DraftKings welcome offer in established markets requires your first bet to win in order to unlock the bonus.
How It Works:
Key Terms:
Strategy Tip: Since the bonus requires a win, consider betting on a moderate favorite (-150 to -200 range) to balance win probability with the odds requirement.
Missouri residents get a significantly better deal following the December 1, 2025 launch.
How It Works:
Key Terms:
Select sign-up paths include a three-month NBA League Pass subscription bundled with the welcome offer - check affiliate links for availability.
DraftKings Sportsbook is live in 27 states plus Washington D.C.:
| State | Age | Casino Available |
|---|---|---|
| Arizona | 21+ | No |
| Colorado | 21+ | No |
| Connecticut | 21+ | Yes |
| D.C. | 18+ | No |
| Illinois | 21+ | No |
| Indiana | 21+ | No |
| Iowa | 21+ | No |
| Kansas | 21+ | No |
| Kentucky | 18+ | No |
| Louisiana | 21+ | No |
| Maine | 21+ | No |
| Maryland | 21+ | No |
| Massachusetts | 21+ | No |
| Michigan | 21+ | Yes |
| Missouri | 21+ | No |
| New Hampshire | 18+ | No |
| New Jersey | 21+ | Yes |
| New York | 21+ | No |
| North Carolina | 21+ | No |
| Ohio | 21+ | No |
| Oregon | 21+ | No |
| Pennsylvania | 21+ | Yes |
| Tennessee | 21+ | No |
| Vermont | 21+ | No |
| Virginia | 21+ | No |
| West Virginia | 21+ | Yes |
| Wyoming | 18+ | No |
Age Exceptions: Kentucky, New Hampshire, D.C., and Wyoming allow users aged 18+ to bet.
As of August 25, 2025, DraftKings no longer accepts credit cards for deposits. This applies to all Visa, Mastercard, Amex, and Discover credit cards. Debit cards remain accepted.
| Method | Min Deposit | Processing |
|---|---|---|
| Online Banking (Trustly) | $5 | Instant |
| Debit Card (Visa/MC) | $5 | Instant |
| PayPal | $5 | Instant |
| Venmo | $5 | Instant |
| Apple Pay | $5 | Instant |
| VIP Preferred (eCheck) | Varies | Instant |
| DraftKings Gift Card | Varies | Instant |
| Cash at Cage | N/A | Instant |
| Method | Processing Time | Min/Max |
|---|---|---|
| Debit Card | Under 24 hours (often minutes) | $1 / $25,000 |
| Online Banking (RTP) | Up to 24 hours | $1 / $100,000 |
| PayPal | Up to 2 days | $1 / $60,000 |
| Venmo | Up to 2 days | $1 / $20,000 |
| Apple Pay | 1 day | $1 / $25,000 |
| VIP Preferred (ACH) | 2-5 days | $1 / $100,000 |
| Check (under $100) | Up to 14 days | $15 / $50,000 |
| Check (over $2,000) | 3-5 days (FedEx) | $15 / $50,000 |
DraftKings uses Real-Time Payments (RTP) technology for fast withdrawals. Most debit card withdrawals process within minutes.
DraftKings operates a unified loyalty program spanning Sportsbook, Casino, and Daily Fantasy Sports.
| Tier | Tier Credits Required | Crown Earning Boost |
|---|---|---|
| Bronze | 0 - 4,999 | Standard |
| Silver | 5,000+ | +25% |
| Gold | 25,000+ | +50% |
| Diamond | 90,000+ | +75% |
| Onyx | 175,000+ | +100% |
Points earned vary based on bet odds - longshots earn significantly more:
Crowns can be redeemed for DK Dollars (site credit) or merchandise in the Dynasty Store.
DraftKings is testing a paid subscription service in select markets (currently New York beta).
Cost: $20/month (use code TRYPLUS for one month free)
Benefits: Unlimited "Stepped Up" parlay boost tokens:
Major leagues (NFL, NBA, MLB, NHL, NCAA), international soccer, golf, tennis, UFC/MMA, boxing, motorsports, and niche sports (table tennis, cricket, rugby, darts).
Do I need a DraftKings promo code? No, offers are typically activated through direct links. No code entry required.
What if my first bet loses? In most states, you receive no bonus if your first bet loses. Missouri is the exception - you get $300 regardless of outcome.
Why was my credit card declined? DraftKings banned all credit card deposits in August 2025. Use a debit card, PayPal, or bank transfer instead.
How long do bonus bets last? All bonus bets expire 7 days from issuance.
Can I bet at 18? Only in Kentucky, New Hampshire, D.C., and Wyoming. All other states require age 21+.
Is DraftKings Casino available? Only in Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia.
DraftKings Sportsbook is licensed and regulated by gaming commissions in each US state where it operates:
All DraftKings operations are subject to strict regulatory oversight, ensuring fair play, secure transactions, and player protection measures.
Gamble responsibly. If you or someone you know has a gambling problem, call +1-800-GAMBLER.