DraftKings Welcome Bonus: Get $300 in Bonus Bets with a Winning $5 Wager

7 min read
Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Last Updated: May 27, 2025, 12:34 PM

Welcome Bonus

21+
DraftKings Get $300 in Bonus Bets
Medium
to obtain
1x
wagering req.
7 Days Per Bonus Bet Reward
wagering period
$5
min. 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
Low $5 minimum bet makes the offer widely accessible
Bonus Bets are issued in smaller units ($25 x 12), allowing for multiple wagers
Bonus is credited immediately after qualifying bet wins
Cons
Only awarded if your first bet wins — no reward for a losing bet
Bonus Bets expire after 7 days, offering limited flexibility
Winnings exclude the Bonus Bet stake and are subject to restrictions

$300 Bonus Bets Promo– Overview

DraftKings Sportsbook is offering new users a promotion that awards $300 in Bonus Bets if their first real-money wager of $5 or more wins. This promotion is available from May 19, 2025, through June 22, 2025, and is limited to eligible new users physically located in participating states.

To claim, users must sign up for a DraftKings Sportsbook account, place their first real-money sports wager of at least $5, and wait for the outcome. If that wager settles as a win, the user will receive twelve $25 Bonus Bets, totaling $300. The bonus is not awarded for losing or voided bets, and early cash-outs are not eligible. Bonus Bets must be used within seven days of being credited.

This offer is only available to users who have never had a DraftKings Sportsbook account or who have not deposited or wagered more than $5 in their account prior to the promotion period.

Key Bonus Details

TermDetails
Promotion NameDraftKings $300 Bonus Bets for New Users
Promo PeriodMay 19, 2025 – June 22, 2025
Minimum Qualifying Bet$5
Bonus TriggerFirst bet of $5+ must settle as a win
Bonus Award$300 in Bonus Bets (twelve $25 Bonus Bets)
Bonus Bet Expiration7 days from time of crediting
Wager Type RestrictionsFirst cash wager only; cashed out or voided bets do not qualify
Eligible StatesAZ, CO, CT, DC, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY (18+), WV
Cash Withdrawable?Only winnings from Bonus Bets are withdrawable
Promo Code Required?No promo code required

How to Claim the Bonus In 5 Easy Steps

  1. Sign Up
    Create a new DraftKings Sportsbook account. Only first-time users or those who haven't deposited or wagered more than $5 are eligible.
  2. Fund Your Account
    Deposit at least $5 from your cash balance—no promo code is required.
  3. Place Your First Bet
    Place a real-money sports wager of $5 or more on any eligible market. This must be your first-ever bet on the platform.
  4. Win to Unlock Bonus
    If your qualifying bet wins, you’ll receive $300 in Bonus Bets (twelve $25 credits), issued shortly after settlement.
  5. Use Bonus Bets Within 7 Days
    You’ll need to manually select Bonus Bets in your betslip. They expire 7 days after being credited and only return profits—stake not included.
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 promotion is available to new customers only. Users must be physically located in an eligible state and meet the minimum age requirement (21+ in most states, 18+ in KY, WY). Users with previously restricted or self-excluded accounts are ineligible.

Only the first real-money sports bet of $5 or more is considered a qualifying wager. If that wager wins, the user receives $300 in Bonus Bets. If the bet loses, no bonus is awarded. Bonus Bets are issued immediately after the qualifying wager settles, though processing may take up to 72 business hours in case of technical delays.

Bonus Bets are non-withdrawable, have no cash value, and cannot be used to place qualifying wagers or be combined with other promotions. If a Bonus Bet wins, only the net winnings are returned to the user’s cash balance. Bonus Bets cannot be used on all markets and must be selected manually in the betslip before placement.

Only one offer per user is allowed. Users who have redeemed pre-launch or state-specific offers may be excluded from this promotion. Any perceived abuse of the platform or its promotional offers may result in account restrictions or disqualification from the bonus.

For help with participation, cancellation, or responsible gambling support, users may contact DraftKings support or call 1-800-GAMBLER.

FAQs on DraftKings $300 Bonus Bets

How the DraftKings Bonus Bets Work

What makes a bet "qualifying" for the promotion?

Only your first real-money sports bet of $5 or more, placed during the promotional period, qualifies. The bet must settle as a win, and cannot be voided or cashed out early.

What happens if my qualifying bet loses?

You will not receive any Bonus Bets. This promotion only awards the bonus if your qualifying wager wins.

When will the Bonus Bets be credited to my account?

Bonus Bets are usually issued immediately after the qualifying bet settles, but may take up to 72 business hours in case of technical delays.

Can I use the Bonus Bets however I want?

Bonus Bets are limited to standard DraftKings sportsbook markets and may not be eligible for all promotions or betting types. You must select the Bonus Bet in your betslip before confirming the wager.

Are Bonus Bets withdrawable?

No. Bonus Bets have no cash value. If you win a bet placed with a Bonus Bet, only the profit is added to your withdrawable cash balance.

Do I need to enter a promo code to activate this bonus?

No promo code is required. The offer is automatically applied when you place a qualifying bet from your cash balance.

What states is this offer available in?

This promotion is available in AZ, CO, CT, DC, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY (18+), and WV. You must be physically located in one of these states and meet the age requirement.

<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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