Introduction to bonus offers – Explore DraftKings daily fantasy basketball with an exciting bonus
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How do DFS brands primarily attract players? If you said sign-up bonuses, you’re 100% correct. Daily fantasy sports websites generally provide welcome offers to reel players into their platforms and heighten the playing experience for us.
Most of these bonuses match your deposit to a specific percentage. However, there’s always one grey area that dampens our excitement – the bonus terms and conditions.
I’ve encountered numerous sizable bonuses with tricky T&Cs that make it challenging to maximize the reward. That’s why I initially approached the
DraftKings daily fantasy
bonus with scepticism. Interestingly, the website stunned me in a good way.
First of all, I must admit the 20% matched deposit bonus up to $500 from DraftKings is impressive. However, the T&Cs make the offer even more appealing.
DraftKings keeps things relatively simple. You don’t immediately claim the complete bonus amount after signing up with the DraftKings daily fantasy promo code.
Instead, you’ll receive $1 in bonus funds for every $25 played on DraftKings contests. Therefore, if you deposit $2500, you must play $12,500 during contests to claim the entire $500 bonus. Amazingly, the website provides a generous 90-day timeline to fulfill the wagering conditions and claim all bonus funds.
Does it get better than this? Actually, it does. The more you play, the quicker you claim crowns and tier credits to move up the DraftKings Dynasty Rewards Program and gain access to even better promotions. You can also claim prizes via the website’s Refer-a-Friend system.
20% up to $500
+ free $3 ticket
18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.
Get Bonus
How to use the bonus – Claim DraftKings daily fantasy promo code bonus in three simple steps
While daily fantasy players love attractive bonus offers, we don’t want to have to go through a million hurdles to receive rewards.
We would rather sign up within minutes, with the bonus amount sitting pretty in our accounts when we’re done. The next step would be diving straight into gameplay – zero pitfalls whatsoever.
DraftKings understands our craving for straightforward bonuses, so the website opts for a hassle-free process to claim its welcome bonus. Here’s the three-step process to receiving the daily fantasy sports bonus from DraftKings:
Step 1: Sign up on the website
You must create an account to claim the welcome bonus. This procedure is standard protocol on all daily fantasy websites. Open the DraftKings website, and click the orange Sign-up Now icon to get started.
Next, enter the required details (email, mobile number, username, and password) in the blank fields on the registration page. During this step, you must also provide the DraftKings daily fantasy promo code
SAVE.
Step 2: Make your deposit
The minimum deposit for DraftKings daily fantasy offer is $5. You’ll claim a 20% matched bonus if you deposit this amount or a figure above it. The offer has a $500 cap, and you can qualify for the complete bonus with a $2500 deposit.
Step 3: Enter contests to claim bonus funds
DraftKings opts for a unique system to credit the bonus amount in your account. While most websites would give you the new-player reward when you fulfill the deposit requirements, the scenario differs with this offer. DraftKings adds $1 worth of DraftKings dollars to your account for every $25 played in contests.
In other words, you need to get busy with basketball contests after fulfilling the minimum deposit. That said, with this requirement comes the temptation to rush into gameplay to claim every dime of your bonus funds.
However, in my experience, I’ve discovered there’s no need to hurry with the DraftKings daily fantasy promo code bonus. The offer has a 90-day timeline, so you can take some time to study the T&Cs and search for suitable contests.
Speaking of terms and conditions, there are some location-based restrictions to keep in mind before claiming this offer. First, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington are excluded from
DraftKings legal states. Players who live in Louisiana parishes where fantasy sports contests are prohibited can not access the website, as well.
Furthermore, the age requirements to open an account vary based on your location. While you must be at least 18 to use DraftKings products across most US states, the legal age in Nebraska and Alabama is 19 years.
For residents of Arizona, Iowa, Massachusetts, and parishes in Louisiana, where fantasy sports is legal, the permissible age is 21. Aside from these conditions, it’s also worth mentioning that the bonus funds have a 1x wagering requirement before any winnings can become withdrawable cash.
Comparing offers in legal states
Should DraftKings provide legal service in your state, you can take a look at the table below to compare their offering against its toughest competition. Please note that if sports betting is also legal in your state, that the table below will prioritise those real money bonuses.
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| Bonus: |
Bet $5, Get $200 in Bonus Bets Instantly!
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Get $150 in Bonus Bets Win or Lose when you bet $5!
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Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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Bet $5, Get $300 in Bonus Bets if you Win
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| Type: |
Welcome Bonus
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Welcome Bonus
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Welcome Bonus
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Welcome Bonus
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| Requirements (WR): |
1x Bonus
|
1x Bonus
|
|
1x Deposit
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| Min. Deposit |
$5
|
$10
|
$10
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$10
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| Cashable: |
❌
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✅
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❌
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❌
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| Min. Odds |
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-500
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-
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-
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Top 5 expert tips to take advantage of the offer – How to maximize your DraftKings welcome bonus
Claiming welcome bonuses is often the easy part of online gaming. The tricky bit is using these rewards to play games and claim withdrawable winnings.
Fortunately, I have enough experience with
daily fantasy sports
and can help you navigate these muddy waters. Want a sneak peek into my DraftKings daily fantasy promo code bonus strategy? I’ve compiled all the juicy details in the next few sections. Let’s dive in:
Read and understand the bonus terms and conditions
Here’s what you don’t want to do immediately after claiming the DraftKings welcome bonus: dive straight into gameplay without checking the playthrough requirements.
I know the excitement can get the better of us, and we want to enter contests and claim winnings with our bonuses as quickly as possible. However, I usually recommend taking time to digest the daily fantasy bonus T&Cs first to understand how to use the offer.
Interestingly, the rush isn’t necessary with this reward. You have 90 days to use the bonus to your heart’s content – that’s around three times the average bonus timeline at most daily fantasy websites. Why not spare some minutes to read the offer’s fine print to determine how to maximize it?
Thankfully, I’ve outlined some of the terms and conditions attached to the DraftKings bonus in this article. If you skipped through those sections, I’d suggest going back to read them carefully. When you’ve done so, you can map out a strategy to get the most out of the reward.
Play at a realistic and healthy pace
DraftKings rewards you with $1 for every $25 spent on contests. This approach comes with the temptation to enter contests with higher amounts to claim as much bonus funds as possible in one go.
However, playing recklessly and without a strategy in this manner is often a surefire way to lose money. I always counsel DraftKings players that it’s entirely fine to start slow and strategically work your way up with contests. This advice is especially vital if you’re a beginner.
Amazingly, DraftKings has numerous casual and beginner contests for you to learn the ropes and improve your skills if you’re new to daily fantasy sports. You can use some of these low-cost competitions to explore the daily fantasy world while still having fun.
Focus on sports you're familiar with
DraftKings doesn’t restrict the sports or contests you can play with the welcome bonus. These multiple options mean you can try something new if you want to. However, I don’t recommend that strategy.
Playing unfamiliar sports will likely cost you money since most of your draft tactics would be guesswork. Instead, I’d advise sticking to sporting events you follow consistently – which, in this case, would be basketball.
Since you’re an avid basketball fan, you likely know the best NBA players to draft for your team to improve your chances during contests.
Read the DraftKings daily fantasy playbook
The DraftKings playbook is my favorite feature on the website. It features daily fantasy news, tips, and strategies across different sports. If you’re looking for the
best fantasy draft strategy
for NBA contests, it’s an extensive resource you can trust. I typically use it to discover value picks for my daily fantasy basketball squad, and it’s yet to disappoint me.
Track how much you've claimed
As you enter contests regularly, DraftKings provides a bonus tracker to help you monitor how much you’ve spent and claimed as bonus funds. This feature is a helpful tool to keep your gaming at a healthy and responsible pace. You can use it to ensure you’re not playing more than necessary daily and weekly.
Reload offers – Claim additional daily fantasy rewards with DraftKings reload bonuses
If you’re looking for ways to increase your DraftKings welcome bonus bets, the two go-to options are the Refer-a-Friend promo and the Dynasty Rewards Program. I’ll discuss the Dynasty Rewards system in the next section; for now, let’s focus on the referral promotion.
Basically, whenever you refer a new customer to the DraftKings daily fantasy website, and they deposit at least $25 in their accounts, you’ll both receive a 100% match of the amount up to $100. I’ve utilized this offer to top up my bonus balance since it launched in January.
Of course, terms and conditions exist with this program. For instance, the promotion expires on 2/24/2024, so you should take advantage of it as quickly as possible. You also have a limit of five referrals within the offer period.
In addition, you can only refer friends in New Jersey, Connecticut, Michigan, West Virginia, and Pennsylvania. Finally, the bonus has a 1x wagering requirement you must complete within seven days of claiming it.
Beyond this promo, DraftKings doesn’t feature conventional bonuses. Instead, the most popular offers on the website’s Promotions Page are contests and missions you can play for fantastic prizes. These contests cut across diverse sports, and prize pools can range from hundreds of dollars to millions.
Additional rewards & loyalty programs – Rise through the ranks for exclusive DraftKings dynasty rewards
Loyalty programs are becoming quite scarce across popular daily fantasy platforms. So, you can imagine my surprise and excitement when I signed up at DraftKings for the first time and encountered the Dynasty Rewards Program.
I am biased towards loyalty programs because I love being rewarded for consistent patronage. It’s proof that a daily fantasy website values my commitment to its products, and who doesn’t love feeling special?
Before I dive into how the system works, though, let me clarify that it’s a loyalty program, not a VIP club. You’ve probably raised eyebrows at this point, wondering what the difference is.
Well, loyalty programs are typically tier-based systems across daily fantasy and other gaming websites that reward players for regular gameplay. Prizes in these systems are also exclusive and depend on your level.
On the other hand, VIP clubs usually reward high-stakes players or gamers who make the most financial commitment while playing on any platform. Based on these definitions, you probably have an idea of how the Dynasty Rewards Program works already.
As expected, it’s a tier-based program with five levels – Bronze, Silver, Gold, Diamond, and Onyx. You start at the Bronze level as a new player and claim Crowns and Tier Credits from playing in contests. Your Tier Credits determine your level in the system and the accompanying rewards.
In contrast, Crowns are currencies on the DraftKings websites that are exchangeable for bonus bets/DraftKings dollars. Alternatively, you can redeem them for gift vouchers and other prizes.
Overall conclusion – Register and claim your DraftKings promo code bonus now!
I love DraftKings’ daily fantasy website. The platform obviously has a commitment to making life easy for players, and nothing reflects that more than the welcome bonus. It’s straightforward to claim, with achievable playthrough requirements and zero pitfalls.
The 90-day timeline is my favorite part of the reward. That’s more than double the time other daily fantasy platforms offer. So you aren’t in a hurry to fulfill the wagering requirements and can take some time to learn how the platform works.
I hope other DFS platforms take some hints from the DraftKings daily fantasy promo code bonus. That said, how about you close this article and head straight to the DraftKings website to kickstart your daily fantasy adventure? While you’re having all the fun in the world, don’t forget my tips and strategies to maximize the bonus.
20% up to $500
Deposit Bonus
|
18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply.
