DraftKings free bet new-user promotion lets US customers bet $5 and receive $200 in bonus bets, DraftKings confirms on its official promos page.
DraftKings’ promos page says the welcome offer gives new customers “$50 in bonus bets instantly, plus $150 issued in bonus bets over 21 days.”
CBS Sports’ promotion explainer adds that users must make an initial deposit of at least $10 and then place a $5 wager to trigger the bonus, and that the offer is available only to new DraftKings Sportsbook users.

CBS Sports also reports practical details new users should know: bonus bets are credited as tokens, distributed over the 21-day period, and bonus bet winnings go to cash balance while the stake is not returned.
The DraftKings page warns players to use responsible-gaming tools and links to its Responsible Gaming Center; CBS notes age limits apply (21+ in most states, 18+ in Washington, D.C. and Kentucky) and that identity checks may be required during registration.

How the promotion works: deposit at least $10, place your qualifying $5 wager, receive $50 immediately, then the platform issues the remaining $150 in scheduled bonus bets over the following three weeks, according to DraftKings’ promo page and CBS Sports’ guide to the offer.
What to watch for: DraftKings’ site and CBS Sports both remind users that bonus bets usually have expiration windows and no cash value for the stake; CBS specifies bonus bets are valid for seven days after they are received.
Why it matters: the DraftKings free bet welcome offer is one of the larger “bet-and-get” promos available this football season and is being promoted broadly across sportsbook review and betting news sites, a common tactic sportsbooks use to attract new accounts.
Sources
- DraftKings — official promos page describing the Bet $5, get $200 offer and its $50 instant plus $150 over 21 days structure.
- CBS Sports — article outlining how to claim the offer, deposit and age requirements, token distribution, and seven-day bonus bet validity.











