Draftkings Sportsbook Promo Code: Up to $200 Risk-Free Bets (Jul 2020)

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Enjoy DraftKings’ latest welcome bonus, valid until the end of the year. 

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Welcome Bonus: up to $200 in Risk-Free Bets  Please note: The promo is auto-activated on clicking on our link
T&C:

*First bet matched up to $200. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable. First bet promo ends 12/31/19.

Additional Terms and Conditions Apply

21+ Responsible Gambling in the US. 

Expires on: 31-12-2020
Last check: 2 days ago

DraftKings Promo Code 2020: Welcome Offers & Promotions 

DraftKings OffersOffers (2020)DraftKings Promo Code 2019
Welcome Bonus - Sportsbook Claim up to $200 Risk-Free Bets GET DRAFTKINGS PROMO CODE
Parlay Insurance Win up to $25 in Free Bets GET DRAFTKINGS PROMO CODE
Refer a Friend Earn $100 in Free Bets GET DRAFTKINGS PROMO CODE
Special Odds Boost Details On Site GET DRAFTKINGS PROMO CODE

Top 3 Promotions of Draftkings

DraftKings offers truly impressive promotions for all players. Currently, they have over 14 promotions available, but the most important ones are:

  • Welcome Bonus – get a 20% deposit bonus up to $500.
  • Refer A Friend – if you bring a friend to DraftKings, both of you could earn up to $100 in free bets.
  • Parlay Insurance – if you place a 5+ leg parlay on any sport, you will get up to $25 in free bets if you miss one leg.

How to Register on DraftKings 

When you first visit the sportsbook, you will notice that the site is overwhelming. It has so many options and is easy to get lost. In order to register, you will have to follow the guide below.

  • Step 1: Visit the official DraftKings sportsbook
  • Step 2: Since there is no registration button available on the get-go, you will have to press the green login button in the upper right corner. This will open up a new window. Skip the login procedure and press on the Sign-Up button below or in the upper right corner.
  • Step 3: When you press Sign Up, it will bring a new window to your screen. On the first page, you will have to enter the username, email, password, and promo code. Since there is no promo code available at this moment, you can leave this field blank. On the second page, you will have to verify the information, which means filling in your personal data. This includes your first and last name, state, city, address, postal code, date of birth, and last four digits of your social security number. The third page will have you secure your account by security questions, while the last page will have you verify your location.
  • Step 4: Accept the Terms of Use and verify that you are over 21. You have now created an account and will be eligible for their welcome bonus as soon as you log in and make a deposit.

Bonuses for Each Product: bonus up to $500

Welcome Offer

DraftKings definitely shines when it comes to bonuses and promotions. Their welcome bonus may seem lucrative at first, but it comes with special requirements and conditions. All new players will get a 20% deposit bonus up to $500. But when you break this down, it means you have to deposit $2,500 in order to cash in the full bonus amount of $500. The bonus has a play through requirement and must be at odds of -300 or greater. In simpler terms, for every $25 played on DraftKings sportsbook, you will get $1 in bonus funds. This means that a $2,500 deposit bonus requires a cumulative play through of $12,500. These numbers are extraordinarily high and may deter casual players looking to have some fun.

Existing Players

All existing players can enjoy a wide array of promotions. Parlay Insurance requires opt-in, and if you place a 5+ leg parlay on any sport, you will get back up to $25 if you miss one leg. Each leg must have a minimum odd of -300 or greater. Multiple legs from the same game do not qualify for the promotion. Each user is eligible to 4 refunds per day based on the qualifying parlay settlement. Free bets are issued every business day, from Monday to Friday. It is important to note that round robins, teasers, Cash Out bets, free bets, odds boost, and in-event parlays do not count towards this promotion.

up to $25 in free bets

Offensive Defense requires opt-in and will give you up to $25 in free bets if your team puts up 24+ points but still loses the game. This promotion is tied to NFL games and excludes live bets, parlays, Cash Out bets, free bets, and boosted odds. Free bet will be issued 24 hours after the bet has been settled. 

Refer A Friend is an excellent way to get $100 in free bets

To qualify, you must invite a friend via your referral link. The friend must create an account and deposit at least $25. Referrals are limited to 10 per offer period. Once you qualify for the promotion, both players will earn prizes based on certain conditions. If referral deposits $25-$49, both players will receive one $25 free bet. If the referral deposits $50-$99, both players will receive two $25 free bets. If the referral deposits $100 or more, both players will receive four $25 free bets. These bets are valid for 30 days.

No Goals, No Problem

No Goals, No Problem is a season-long promotion for English Premier League. You have to opt-in for this promotion and place a pre-game single money line bet on any soccer match in English Premier League. If your game ends in 0-0 draw, DraftKings will refund you your bet up to $25. The minimum odds for each game must be greater than -250.

Free College Football Pick’em Contest

Free College Football Pick’em Contest is an exciting promotion where players will have the opportunity to win weekly prizes. The shared prize pool is $70,000. Similar to this, Free Pepsi Football Prediction Challenge will give players a chance to win different prizes, including the Grand Prize of $5,000. Players have to compete weekly and will climb the leader boards if they answer the questions correctly.

Sportsbook Missions

Introducing Sportsbook Missions allows players to earn big rewards for the bets they make. You have to opt-in to each mission, place your wagers and watch as your rewards add up. To access these missions, you have to have the latest version of their mobile app. The missions can be found in the My Rewards and Promotions section.

Special Daily Odds Boosts

With Special Daily Odds Boosts, DraftKings randomly enhances prices and odds of certain markets, leagues, games, and events. This promotion is very popular among the customers, and DraftKings boosts odds each day. There is a big chance that they will hit your favorite market, so be sure to regularly visit this section.

FAQ: Important Information About Draftkings 

Q. I am new to online sports betting. Does DraftKings offer any help?

At DraftKings, you can find various videos and tutorials which will help you learn more about the betting process. The tutorials also come for different betting types available at DraftKings.

Q. Is DraftKings Sportsbook legal in the US?

DraftKings is legal in the US states that permit online betting. So far, the sportsbook is available in: New Jersey, West Virginia, Indiana, Iowa, Mississippi and New York. It is still pending in the states of Pennsylvania, New Hampshire and Tennessee.

Q. What is Fantasy Football available on DraftKings?

Fantasy Football was a way to bypass online betting regulations. While you could not bet on real-life games and events, you could participate in Fantasy Football and draft a lineup of NFL players based on salary cap. Fantasy Football uses real-life money which is converted to DraftKings Dollars.

Q. What are DK Dollars?

DK or DraftKings Dollars are bonus credits that can be used to enter fantasy sports contest. Any winnings from these entered contests can be cashed out for real money.

Q. Can I link DraftKings sportsbook to my fantasy sports account?

Yes. The two accounts can be linked and players can enjoy both fantasy and real life sports, using a single wallet.

Quality of Platform: A Closer Look on Draftkings Sportsbook 

Robust Website

The DraftKings sportsbook is very robust. Compared to other bookmakers, the site feels very clunky and needs some refinement. The mobile app has much better responsiveness to commands, while the desktop version has a fair amount of crashes. Some options are not available on the front page, and you have to click several menus to gain access. For the most part, DraftKings offers similar types of wagering options as other bookmakers in the US. However, they added some creativity for live and in-game wagering, moneylines, spreads and totals, alternate spreads and totals, futures, bets on the entertainment industry and bets on daily fantasy sports.

Decent Amount of Markets 

DraftKings has a decent amount of sports markets available, with a heavy focus on North American sports. Bettors looking for international sports will have to dig in deep to find something they like. For example, DraftKings offers plenty of props and futures for most popular US sports and leagues like NFL, MLB, NCAA, NBA and NHL. Some markets offer pretty creative betting lines such as the result of the next bat hit in baseball, what will be the next field goal in basketball, last NFL team to lose a game and many more.

Inferior Odds

During the first days after the initial launch, odds and prices were well above industry norms. DraftKings faced some harsh criticism for this, and in the following months, they toned down the pricing. With the exception of teaser bets, all of their odds remain inferior to the competition. Teaser bets are top-notch and when compared with other bookmakers in the US, the results are better prices regardless of the number of legs.

Banking Options

Deposit 

There are multiple ways to fund your DraftKings account. Depositing is instant and no fees are charged during transactions. Available options are:

  • Visa or MasterCard
  • PayPal
  • PlayPlus
  • Neteller
  • ACH
  • Check
  • Cash at the Cage

Withdrawals 

DraftKings offers fewer methods to process withdrawals and additional charges may be applied by third party provider. If asked for additional identity verifications, players will have to upload a picture of their ID, social security number or address. Methods are:

  • Check – takes anywhere from 1 to 5 business days
  • PayPal – up to 24 hours
  • ACH – up to 10 business days
  • Cash at the Cage – instant

Customer Support Quality 

Contacting customer support is easy and players can use one of four ways available at the page. These are mail, email, form on the page and live chat. Once you’ve clicked on the Contact Us link on the bottom of the page, it will redirect you to a new page where you can choose one of these options.

Live chat is the best way to get quick answers about smaller issues you may be experiencing. Agents are available 24/7 and are very helpful. If you want to email them, feel free to do so at [email protected]. Alternatively, you can use the form on the page to contact them and explain your problem. If you want to go really old school, you can even mail them to their address at PO Box 999, Hoboken, NJ 07030. We are not sure how long it will take them to reply your letter, but you are free to test it out. Unfortunately, they do not offer a phone line at this moment.

Overall, customers seem to be happy with the support service provided, with exception of some bad experiences. But having a multimillion-member base is bound to produce some unhappy clients.

Top-Notch Mobile Application 

DraftKings originally created its betting platform for a mobile device, which still remains the focus. This is the reason why desktop version may appear clunky and unfinished, while mobile responsiveness is top-notch. If you own an iOS device, you can download the app from the App store. Android users will have to visit their official site in order to get it.

People familiar with their fantasy football know how clean and well-designed the app is. The home screen presents a quick listing of important promotions, popular sports, and best bets. The navigation bar along the bottom edge of the screen is used to find specific sections as listing all of the available promotions, full list of sports markets, in-play betting, and all of the betting options that are available for certain game or event. Additionally, you can find places on the app where you can view the in-game scoring, status of your bets, and manage your account.

In short, the app provides everything you need to set up your account, place sports wagers and cash out when you’re done.

Our Review: An Interesting Bookmaker 

DraftKings is an interesting bookmaker with numerous pros and cons. They offer a wide range of sports markets, and their betting options are numerous. Despite being heavily focused on North American sports, bettors can find plenty of international sporting events as well. Odds definitely aren’t their strong side, but it evens out with their daily odds boost. In addition, prices for some bet types like teasers are best in the business.

Their app is definitely praise-worthy, but this comes as no surprise considering their focus on mobile betting. The desktop site could use some maintenance and improvement. It feels very robust and heavy. At times, it is very unresponsive, and it may take a while to get used to it. Live streaming would be a nice addition, and hopefully, it will be added soon. Promotions for existing players are definitely their strength, and DraftKings offers more than 10 daily or weekly promotions at any given time.

Overall, the sportsbook is very good and trustworthy. The company will definitely keep improving until they completely dominate the US market.

Top 3 Alternatives to DraftKings

Betfair

Betfair made its way to the US market and is available in states of Nevada, New Jersey, and Delaware. One of the biggest pros of this bookmaker is the ability to make bets among players. This means you can also place bets at odds set by other bettors. Prices are highly competitive, and sports market selection is definitely greater than average in the US. However, they charge a 5% commission on all of your winnings.

William Hill US

William Hill US is one of the biggest bookmakers in the world, and their online sportsbook shows it. They offer a nice welcome bonus where you can get $50 if you bet $50. There are plenty of promotions for existing players. Their sports selection is great, with a good variety between international and North American sports. Biggest disadvantage of this bookmaker is that customers may feel overburdened and confused by their platform.

Bet365

Bet365 just recently launched in the state of New Jersey and is quickly threatening to dominate the market. When I visited Bet365, I was simply amazed by the amount of sports they offer. In addition, every sport had numerous betting options and possibilities. The live in-play is very intricate and immersive, and their platform is simple and easy. Unfortunately, I found the payment methods to be very limited. They have a great list of banking methods, but I could only choose three – credit card, Skrill, and PayNearMe.

Draftkings Promo Code Validity: December 2020

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