DraftKings Sportsbook Introduces $1k Bonus For New Users For 2020

For the next month, new users on DraftKings Sportsbook get up to $1000 in bonus credit for signing up, depositing funds, and making your first bet.

New users get both a risk-free bet matching your first bet up to $500 and a 20% deposit bonus of up to $500, adding up to a max $1k in free play.

DraftKings PA Sportsbook Bonus 2020

Here’s how the bonuses work (terms and conditions included):

Risk-free bet

Simply create a new DraftKings Sportsbook account, add funds, and make your first bet to receive a risk-free bet matching your first bet up to $500. The only requirement is that you use the free bet within 30 days of your first bet.

Terms: First bet matched up to $500. 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 2/2/20.

Deposit bonus

After signing up, DraftKings will match 20% of your first deposit (min $5), up to a max bonus of $500. To be eligible for the full bonus requires an initial deposit of $2500. To receive the funds, there is a 25x playthrough requirement.

In other words, after making your first deposit, for every $25 you wager in the Sportsbook or on fantasy, you receive $1 of bonus credit. If you put down $2500 with your initial deposit, you would then have to wager $12.5k to get the full bonus.

While the promo lasts only until 2/2/20, you have until 4/9/20 to fulfill the playthrough requirement, earning bonus funds as you go.

Full DraftKings PA 2020 bonus terms

A user’s next deposit (min. $5) qualifies the user to receive up to $500 in bonus funds in the form of site credits that can only be used on DraftKings. The deposit must be made while the user is physically located in IN, NJ, WV, PA, or NH. Bonus amount is equal to 20% of that deposit amount, not to exceed $500 (the user must deposit $2,500 to be eligible to receive the maximum possible bonus amount of $500).

Bonus funds will be awarded to the user according to the following play-thru requirement: for every $25 played on DraftKings in DFS/Sportsbook or every $60 played on DraftKings Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $2,500 deposit requires a user to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook (-300 odds or longer) casino products, or any combination thereof to receive the maximum possible bonus amount of $500).

The play-thru requirement must be met by 4/9/20 to receive maximum bonus. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. See Promotions Page for full details. Limit one (1) deposit bonus per user. Promo ends 2/2/20.

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Author: James Marks