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How do I get my free $200 on DraftKings?

I‘m so glad you asked! Getting your hands on $200 in free bets at DraftKings is super easy – just follow the steps I outline below.

In this detailed guide, I‘ll explain exactly how to claim this exciting new user offer and provide some tips to maximize your free bets. I‘ve been playing on DraftKings for years, so trust me when I say this is a sweet deal worth grabbing!

Let me start by introducing DraftKings for those that aren‘t familiar…

What is DraftKings?

DraftKings is the premier daily fantasy sports site that also offers legal online sports betting.

Millions of people use DraftKings to enter fantasy contests across every sport and wager on spreads, moneylines, totals and more. It‘s 100% legal and regulated.

DraftKings stands out for its slick user experience, wide variety of betting options, and generous bonuses. New players right now can score $200 in free bets!

But you‘re here to learn how to unlock that bonus, so let‘s dive in.

How to Get Your $200 in Free Bets

Here are the simple steps to claim your $200 free bet welcome gift:

  1. Join DraftKings and Deposit $5+

    Sign up using this link and deposit at least $5 to activate the offer.

  2. Place a $5+ Moneyline Bet

    Wager $5+ on any sporting event moneyline to qualify.

  3. Receive $200 in Free Bets if Your Bet Wins

    Get eight $25 free bet credits after your qualifying bet settles as a win!

This is an exclusive promotion that DraftKings is running for new users only. Read on for full details on exactly how to take advantage of their generous $200 free bet bonus!

Step-by-Step Guide to Claiming the Offer

Let me walk you through step-by-step how to get set up at DraftKings and claim your free bet bonus.

1. Click My Link to Sign Up

First things first, click this link to create your new account and activate the promo code automatically.

All bonuses at DraftKings are tied to specific promo codes. Using my link applies the code for you and ensures you unlock this offer.

After clicking the link, provide some basic personal details like name, email address, date of birth, and physical address.

DraftKings needs this info to verify your identity and location per gaming regulations. The process only takes a couple minutes.

Once registered, I recommend downloading the DraftKings mobile app so you can bet from anywhere. They have iOS and Android apps that are extremely intuitive and reliable.

DraftKings Mobile App

The DraftKings sportsbook app is one of the best in the industry

2. Make a Deposit to Activate the Bonus

Next, make an initial deposit of at least $5 into your new account. This unlocks the ability to place bets and activates the promo.

You can fund your account through several convenient methods:

  • Online Banking – Instantly transfer from checking with no fees
  • Credit/Debit Card – Visa, Mastercard, American Express, Discover
  • PayPal – Deposit and request payouts seamlessly
  • Play+ Prepaid – Use cash to load at retailers like CVS, 7-Eleven
  • Wire Transfer – For larger deposits

I always deposit $10 or $20 to give myself extra working money beyond the minimum deposit amount. But a $5 deposit works to enable betting and get the bonus.

DraftKings Deposit Options

DraftKings offers flexible banking methods to fund your account

Once your deposit clears, you‘ll see your available cash balance update. Then it‘s time to place a qualifying bet to unlock the free bets.

3. Place a $5+ Moneyline Wager

To activate the $200 free bet bonus, place a real money wager of at least $5 on any pre-game moneyline in any sport after depositing. This counts as your qualifying bet.

Here are some smart options to consider for your $5+ qualifying wager:

  • Large point spread favorite in the NBA or NFL
  • Big underdog in an MLB or NHL game
  • Lopsided college football/basketball matchup

The key is just making sure that initial bet settles as a win, so you can claim the bonus. I recommend playing it safe with a heavily favored team.

Once you‘ve found a wager you like, enter it into the betslip. Be sure to wager at least $5 to satisfy the promotion terms.

Placing a Qualifying Bet

Place a $5+ pre-game moneyline wager as your first bet at DraftKings

After placing the bet, wait for it to settle. This may take minutes, hours, or days depending on the sport/league.

As long as that first wager results in a win, you‘ll unlock the free bets once it settles.

4. Receive Your $200 in Free Bets

Now for the good part – the bonuses!

If your qualifying real money wager results in a win, you‘ll receive eight (8) $25 free bet credits issued to your account.

You‘ll see these in your account under the "Free Bets" section. They can be used to place wagers just like cash.

The one catch is that the free bets expire 7 days after being issued, so make sure to use them within a week.

I‘ll provide some tips later for getting the most value out of these bonuses. But first, let‘s cover the fine print.

DraftKings Free Bet Credits

You‘ll receive eight $25 free bet credits that can be used anywhere on DraftKings after your qualifying bet settles as a win

Key Details About the DraftKings Promo

While this DraftKings promotion is pretty straightforward, there are a few key details you need to know:

  • You must be a new DraftKings user aged 21+ and located in an eligible state.

  • Use my link to automatically activate the promo code and unlock the offer.

  • The minimum deposit and qualifying wager is only $5.

  • The initial bet must be on a pre-game moneyline in any sport.

  • Your first wager must settle as a win to receive the bonuses.

  • You‘ll get eight $25 free bets (totaling $200) issued as "Free Bet" credits.

  • Free bets are valid for 7 days on any sport/bet type before expiring.

  • Only the winnings from any free bet get deposited to your cash balance.

  • Full terms and conditions apply.

As long as you check those boxes, DraftKings will hook you up with the full $200 free bet bonus after your first real money wager settles as a win.

Now let‘s get to the fun part – using those free bets!

Making the Most of Your DraftKings Free Bets

DraftKings makes it super simple to use the $200 in free bets once they hit your account.

To use a free bet credit:

  1. Add selections to your bet slip as usual.

  2. Tick the box to apply the Free Bet instead of cash.

  3. Place your free bet and watch the winnings roll in!

The best part is that these DraftKings free bets can be used on any sport or bet type on the entire platform. No limitations.

You‘re free to use them on moneylines, point spreads, over/unders, prop bets, futures, live betting, and anything else that catches your eye.

Using a DraftKings Free Bet

Free bets function just like cash – simply apply them in your betslip

Here are some pro tips to maximize the value you extract from the $200 in free bets:

  • Use free bets on underdogs and plus money payouts rather than heavy favorites

  • Take advantage of boosted odds and enhanced specials for inflated free bet returns

  • Place free bets on safer bets like spreads/totals rather than long shots

  • Break up into smaller free bets instead of wagering the full $25 amount

  • Hedge on both sides of games to guarantee yourself profits

If played right, you can turn those $200 in free bets into some nice cold hard cash winnings!

Common Questions about the DraftKings Promo

Here are answers to some frequently asked questions about this DraftKings signup bonus:

Where is my DraftKings bonus?

Your $200 in free bets will appear as "Free Bet" credits in your account once your qualifying real money bet settles as a win. This can take up to 24 hours after the bet outcome is decided.

Why aren‘t my free bets showing up?

Ensure your first bet was at least $5 on a pre-game moneyline market and that it settled as a win. As long as you met the terms, DraftKings should credit your free bets within 24 hours of your qualifying wager settling. Contact their support team if your bonus funds don‘t appear.

How long does the DraftKings bonus take to credit?

You‘ll receive your free bets instantly after your qualifying wager settles. Allow up to 24 hours for that first bet to settle depending on the sport. The free bet credits will hit your account right after that happens.

Can I withdraw the free bet amounts?

Unfortunately no. You can only withdraw any cash winnings resulting from wagers placed with the free bets. The original free bet credits are not returned to you in cash.

Reach out to DraftKings‘ customer support if you have any other questions! Their team is very responsive.

Is DraftKings‘ Promo Worth It?

Let me be clear – getting $200 in free bets just for a $5 deposit and qualifying bet is an absolute steal. This is one of the most generous welcome offers you‘ll find at any sportsbook.

While there‘s a small amount of risk on your $5 qualifying wager, it‘s totally negligible for a $200 payout in site credit. Even betting on a huge favorite minimizes any loss risk.

For anyone new to DraftKings Sportsbook, this promo is a complete no-brainer. The expected value far outweighs the small qualifying outlay.

Plus you can always hedge your $5 bet at another book to ensure it cashes.

The only real downside here is the one week expiration on the free bets. But that‘s plenty of time to get your bets in.

Even if you don‘t plan to use DraftKings beyond this promo, take advantage of the $200 in free bets. Wager them smartly, withdraw any profits, and reap the rewards.

Compared to competitors, DraftKings‘ offer blows away all other sportsbook welcome bonuses right now. Don‘t leave money on the table!

Lock In Your $200 Bonus Now!

As a DraftKings veteran, I cannot recommend this new user promo highly enough.

$200 in free bets for a negligible $5 bet is an absolute game-changer, especially for sports bettors on a budget.

Here‘s a quick recap of the steps:

  1. Click this link to create your account and enable the promo code.

  2. Make a deposit of $5 or more to activate betting.

  3. Place a $5+ wager on any moneyline to qualify.

  4. Get eight $25 free bets after your bet settles as a win!

  5. Use your free bets on any sport within 7 days.

Sign up right now via my link and you‘ll be betting for free on DraftKings in no time. It‘s the best welcome bonus out there!

If you have any other questions about this promo or DraftKings in general, don‘t hesitate to reach out. I‘m always happy to help!

Let‘s get paid!



Michael Reddy is a tech enthusiast, entertainment buff, and avid traveler who loves exploring Linux and sharing unique insights with readers.