DraftKings Promo Code: 2026
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.
Current DraftKings Promo Offers
| DraftKings Promo | States | Key Condition |
|---|---|---|
| Bet $5, Win $300 + $1,000 deposit match | Most states (AZ, CO, CT, IL, etc.) | Initial bet must WIN |
| Get $300 in Bonus Bets if Your $5+ Bet Wins | MO, NY | Initial bet must WIN |
| Up to $100 bonus bet | NH, OR | Varies |
National Offer: Bet $5, Win $300 + $1,000 Deposit Match
The standard DraftKings welcome offer in most markets combines bonus bets with a deposit match for maximum value.
How It Works:
- Create a DraftKings account (no promo code required)
- Deposit at least $5
- Place a qualifying bet of $5 or more at odds of -500 or longer
- If your bet WINS, receive $300 in bonus bets (12 x $25 tokens)
- Plus get a 20% deposit match up to $1,000
Key Terms:
- Minimum deposit: $5
- Minimum qualifying bet: $5
- Odds requirement: -500 or longer (no heavy favorites like -600)
- Bonus distribution: 12 separate $25 bonus bets
- Bonus bet expiration: 7 days from issuance
- Wagering requirement: 1x (stake not returned in winnings)
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.
MO/NY Offer: Get $300 in Bonus Bets
Missouri and New York residents have a simplified offer.
How It Works:
- Create a DraftKings account
- Deposit at least $5
- Place a qualifying bet of $5 or more
- If your bet WINS, receive $300 in bonus bets
Key Terms:
- Bonus distribution: 12 separate $25 bonus bets
- Initial bet must win to trigger bonus
Bonus Bundle: NBA League Pass
Select sign-up paths include a three-month NBA League Pass subscription bundled with the welcome offer - check affiliate links for availability.
Which States is DraftKings Legal In?
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.
Deposit and Withdrawal Methods
Important: Credit Card Ban
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.
Deposit Options
| 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 |
Withdrawal Options
| 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.
Dynasty Rewards Program
DraftKings operates a unified loyalty program spanning Sportsbook, Casino, and Daily Fantasy Sports.
Tier Structure
| 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% |
Earning Rates (Sportsbook)
Points earned vary based on bet odds - longshots earn significantly more:
- Odds -300 to -125: 1 Tier Credit per $18 wagered
- Odds -125 to +200: 1 Tier Credit per $9 wagered
- Odds +200 to +500: 1 Tier Credit per $4.50 wagered
- Odds +500+: 1 Tier Credit per $2.25 wagered
- Heavy favorites (-500 or worse): Zero Tier Credits
Crowns can be redeemed for DK Dollars (site credit) or merchandise in the Dynasty Store.
NEW: DraftKings Sportsbook+ Subscription
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:
- 2 legs: 10% profit boost
- 3 legs: 20% profit boost
- Each additional leg: +10% boost
- Maximum: 100% profit boost (11+ legs)
- Max wager: $25 per boosted bet
Key Features
Mobile App Performance
- iOS: 4.8/5.0 stars - praised for speed and design
- Android: 4.6/5.0 stars - occasional live betting latency during peak times
Unique Features
- Same Game Parlay Extra (SGPx): Combine multiple SGPs from different games
- Progressive Parlays: Win partial payouts even if some legs lose
- Live Streaming: Integrated video for select leagues
- Cash Out: Available on most bet types
Sports Coverage
Major leagues (NFL, NBA, MLB, NHL, NCAA), international soccer, golf, tennis, UFC/MMA, boxing, motorsports, and niche sports (table tennis, cricket, rugby, darts).
Ongoing Promotions
- Stepped Up Parlays: Profit boosts that scale with parlay legs (3+ legs)
- No Sweat Bets: Stake back as bonus bet if qualifying bet loses
- Refer-A-Friend: $50-$100 bonus for both parties
- 12 Days of Gifts: December campaign with daily rewards
- Weekly NFL/NBA Specials: Targeted offers for marquee games
Customer Support
- Live Chat: 24/7 via app (AI bot with human escalation)
- Callback Request: Request phone callback through chat
- Social Media: @DK_Assist on X (Twitter)
- Email/Ticket: Web form for document submission
- Physical Mail: 222 Berkeley St, Boston, MA 02116
FAQ
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.
Licensing and Regulation
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.
