DraftKings $150 Promo Code – Bet $5, Get $150 + A No Sweat SGP Every Day

January 3, 2024

Unlocking the free $150 bonus at DraftKings Sportsbook is straightforward for new users. Simply sign up and use the exclusive DraftKings 150 promo code. Then, place your initial bet of just $5. Regardless of the outcome of your bet – win or lose – you will automatically receive $150 in bonus bets. This promotion is an excellent opportunity for new members to start their betting journey with a significant advantage. Remember, this offer is specifically tailored for new sign-ups at DraftKings Sportsbook, ensuring a rewarding start for your sports betting experience. 

In this article, we'll walk you through the simple steps to claim this offer, highlight key terms and conditions, and provide tips to maximize your betting strategy with DraftKings. Dive into the world of sports betting with confidence and enjoy the thrill of the game with the DraftKings $150 Promo Code.

Let us look further into the specifics of this compelling DraftKings $150 promo.

DraftKings Bet $5 Get $150

DraftKings $150 NFL Promo

DraftKings Sportsbook offers an exceptional $150 Promo. As a new customer, you're eligible to receive a generous $150 in bonus bets instantly when you place a minimum bet of just $5 on any sports event. Plus, enjoy the added perk of a No Sweat Same Game Parlay every single day. Dive into the action and maximize your betting experience with DraftKings' unbeatable offer. The Bet $5 Get $150 bonus instantly is distributed as six individual $25 bonus bets, which participants can use across a diverse array of sports, including college basketball, NBA, NHL, MLB, soccer, golf, tennis, and more. Be mindful that the bonus bets are valid for seven days from issuance. The no-sweat SGP/SGPx bet must consist of at least 3+ legs, and opt-in is required. 

Eligibility criteria require participants to be first-time DraftKings account holders, at least 21 years of age, and residents of one of the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, or Wyoming.

🎁 Bonus Promo Offer:Bet $5 Get $150 + No Sweat SGP Daily
🇺🇸 Available in:AZ, CO, IL, IN, IA, KS, KY, LA, MD, MI, MA, ME, NJ, NY, OH, PA, TN, VA, WV, WY
💰 Minimum deposit:$5
🗓️ Days to use bonus bets:7 days
ℹ️ SGP Promo DetailsOpt-in required: 1 No Sweat token given daily, and parlay requires at least 3 legs.
Promo Rating5/5

+21. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (CO/ IL/ IN/ KS/ KY/ LA/ MD/ MI/ ME/ NJ/ OH/ OR/ PA/ TN/ VA/ WV/ WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. Call 1-800-NEXT STEP (AZ), 1-800-522-4700 (NH), 888-789-7777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or visit www.1800gambler.net (WV).

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How Does The DraftKings Promo Compare?

DraftKings vs FanDuel

When comparing DraftKings vs FanDuel promotions, both offer competitive deals in the sports betting industry. However, DraftKings stands out with its enticing bonus, which includes daily 'no sweat' Same Game Parlay (SGP) bets as an added perk. This unique feature enhances your sports betting experience, making DraftKings an excellent choice for those seeking extra excitement.

DraftKings vs BetMGM

BetMGM and DraftKings sportsbooks, both stand out in the online betting landscape. BetMGM leads with a more generous promotional offer, adding $50 more in value to your initial betting experience. However, DraftKings gains an advantage with its unique 'No Sweat SGP' feature, offering daily opportunities for second-chance bets. This makes DraftKings an attractive choice for regular bettors seeking consistent value and varied betting experiences.

How to Claim the DraftKings Bet $5 Get $150 Promo

How do I enter a promo code on DraftKings

Unlock a $150 bonus with DraftKings by simply placing a $5 wager on your first bet, irrespective of the outcome. Additionally, DraftKings offers a daily 'No Sweat' bet token, which you can use for a Same Game Parlay or SGPx, provided it includes a minimum of three legs. To start, follow these steps:

1 Start by clicking the 'Sign Up Now' button located on the DraftKings homepage.

Click here to visit DraftKings Sportsbook, or use the other links provided on this page.

2 Complete all the required information to create your DraftKings account.

Follow the on screen prompts to register, information includes name, address and phone number. During the registration process, a DraftKings promo code is not required.

3 Make a Deposit of at least $5

Before placing your first wager with DraftKings, you must deposit at least $5. DraftKings offers a variety of payment options to fund your account. Here are some of the most popular options:

Payment MethodDescriptionProcessing Time
Credit/Debit CardVisa, MasterCard, DiscoverInstant
PayPalSecure online paymentsInstant
Bank TransferDirect transfer from bank account2-5 Business Days
DraftKings Play+ CardPrepaid card exclusive to DraftKingsInstant
PayNearMeCash payments at retail locations15 Minutes
Wire TransferHigh-value transfers5-7 Business Days
Cash at Casino CageDirect cash deposit at partner casinosInstant
4 Place your initial bet of at least $5

Once your first bet is placed, DraftKings credits your account with $150 in bonus bets. This opportunity is a great way for new users to kick-start their betting experience with DraftKings, offering a significant boost right from the beginning.

Claim My DraftKings Bonus
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What States Allow DraftKings?

DraftKings is available for use in a wide range of states across the United States. As of the latest information available, DraftKings can be accessed in the following states: Arizona, Colorado, Connecticut, Illinois, Iowa, Kansas, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Players in these states can enjoy the full DraftKings experience, including sports betting and daily fantasy sports.

Does DraftKings have any promos in these states?

Yes, DraftKings offers various promotions for both new and existing customers. One of their current promotions includes offering new customers $150 in Bonus Bets when they place a bet of $5 or more. Additionally, new customers can also enjoy a daily 'no sweat' Same Game Parlay (SGP) bet. DraftKings frequently updates their promotions, so it's advisable to visit their website to stay up-to-date on the latest offers and deals.


Sqore.com Rating of the Bet $5, Win $150 Bonus from DraftKings

DraftKings Sportsbook Logo

Is the DraftKings new customer offer as good as it looks? To put it short, yes, it is. Let's look at different bet parameters and get a bonus. 

  1. Comparing the bonus to similar available bonuses
    1. Bet and Get offers are hugely popular in the US and DraftKings have been leading the way with the Bet $5 Get $150 offer. Fanduel, Bet365, and BetMGM are examples of other sportsbooks that usually offer similar bet-and-get offers. The DraftKings Bet $5 Win $150 + A Daily No Sweat SGP/SGPx bet promo is currently one of the best offers you can claim in any state where online sports betting is legal.
  2. Actions needed to maximize bonus amount
    1. This promo is very easy to claim. There is no need for a promo code, users just need to sign up with DraftKings using the links provided on this page, make a deposit, and place their first bet on any matchup of their choice. To receive your SGP no-sweat bet you need to opt-in.
  3. Looking at the Terms and Conditions
    1. The terms for the bonus are fair. The promo is only for new customers and you have 7 days to use your 6 x $25 bonus bets which should be enough time to make use of your bonus money.

The Verdict

Overall, we consider this one of the best bonus offers available across the United States. No further comments are needed!

⭐ Sqore Promo Rating⭐⭐⭐⭐⭐ 5/5

About DraftKings

DraftKings Sportsbook, an eminent digital betting site, originated as a premier daily fantasy sports entity; it has evolved into a comprehensive sports betting and online casino operator.

The platform caters to a broad spectrum of sports, encompassing football, basketball, baseball, hockey, soccer, golf, and tennis. It provides an extensive range of betting modalities such as spreads, moneylines, over/unders, and proposition bets, catering to diverse betting preferences.

A distinctive feature of DraftKings Sportsbook is its live betting capability. It enables users to engage in bets during the live action of events, thus adding a dynamic dimension to the betting experience. The platform is distinguished by its intuitive user interface, promotional offers and bonuses, and a well-structured loyalty program designed to reward its dedicated clientele.

Geographically, DraftKings Sportsbook's presence is notable in all U.S. states where online sports betting is legally sanctioned, marking its expansive and compliant operational footprint.

Mobile AppAvailable on iOS and Android platforms
Sports MarketsIncludes NFL, NBA, MLB, soccer, golf, MMA, and others
Bet VarietiesOffers moneyline, point spread, over/under, props, futures, parlays, etc.
In-Play BettingAvailable, providing live wagering options
Loyalty ProgramDynasty rewards program for regular users
Referral IncentivesRewards vary based on the referred product
Payment OptionsIncludes credit/debit cards, PayPal, ACH, online bank transfers, etc.
Customer SupportAccessible via email, live chat, and a comprehensive FAQ section
Responsible GamblingTools for limit setting and self-exclusion are available
Security MeasuresEmploys SSL encryption and stringent data protection protocols

FAQ on the DraftKings Bet $5, Win $150 Promo

In which states can I claim the DraftKings Bet $5, Win $150 promotion?

DraftKings Sportsbook is currently available in the following U.S. states: AZ, CO, IL, IN, IA, KS, KY, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, and WY.

How old do I need to be to register with DraftKings?

You need to be at least 21 years of age to register with DraftKings Sportsbook.

Do I need a promo code to claim the DraftKings Bet $5, Win $150 Promo?

No, you do not need a promo code to claim this offer. You can use promo code SQORE, but this is optional as the promo will trigger without using a promo code!

I think I might have a gambling problem?

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Peyton Powell
Peyton is an huge sports fan and a graduate of the University of Louisville. He has always enjoyed playing, watching, and betting on sports. Born and raised in Kentucky, a state without any professional sports teams, he had to find teams to cheer for away from home. Peyton's favorite teams include the Los Angeles Lakers, Baltimore Ravens, and Boston Red Sox.