DraftKings Promo Code for April 2024: Bet $5, Get $150 Instantly

DraftKings Promo Code for April 2024: Bet $5, Get $150 Instantly

April is a good time for sports betting, as you can bet on the NBA, the NHL, and your favorite MLB games. There are also several international events like Soccer and Boxing, that will catch your eye.

New users can claim one of the best bonus bets on the market via DraftKings Sportsbook, as they bet $5, get $150 instantly.

DraftKings Sportsbook is already one of the most popular sportsbooks on the market, rivaled only by FanDuel, and this bet $5, get $150 promotion really sets them apart. Add in the fact that there are no betting restrictions, in terms of odds or betting markets, and this makes the DraftKings promo code the most desirable in April 2024.

Best DraftKings Promo Code for April 2024

The bet $5, get $150 DraftKings promo code is currently the best offer on the market. Not only is it the best DraftKings promotion, it beats every other promotion on the market as well.

Whether DraftKings or any other sportsbook can better this offer in April remains to be seen, but right now, this is the best DraftKings promo code in 2024.

If DraftKings Sportsbook improves on this offer at any time in April, we will update this page.

New Users: How to Claim the April 2024 DraftKings Promo Code

Follow this guide to claim the 2024 DraftKings promo code:

Step One: CLICK HERE or on the offer button below, to sign up for a DraftKings Sportsbook account

Step Two: Complete your registration by entering all the requested details. This will include your age, email address, and more.

Step Three: Deposit $5+ into your new account and place a $5 wager on any sport of your choice

Step Four: Unlock $150 in bonus bets instantly, regardless of whether your wager wins or loses

April 2024 DraftKings Promo Code Terms and Conditions

Here are the terms and conditions for the bet $5, get $150 DraftKings promo code.

• First-time DraftKings Sportsbook customers only
• Make a deposit of $5+ into your Sportsbook account
• Place a wager of $5+ on any sport between 03/11/2024 at 12:00 a.m. Eastern Time (ET) and 04/14/2024 at 11:59 p.m. Eastern Time (ET).
• Your first placed wager of $5+ will be your qualifying wager
• You will receive $150 in bonus bets instantly, regardless of the outcome of your qualifying wager
• Bonus paid as six (6) $25 Bonus Bets
• Bonus Bets are valid for seven (7) days. For the avoidance of doubt, the seven (7) day completion period is measured as 168 hours from the time the Bonus Bets are placed in the customer’s Sportsbook account. Failure to use the Bonus Bets will void the award
• Bonus Bet amount is not included in any returns or winnings
• Bonus Bet also not redeemable for cash, non-transferable, and non-refundable
• Bonus Bet cannot be used as a qualifying wager
• One (1) qualifying wager per customer
• All paid wagers qualify
• Must be 21+, unless otherwise stated, and located in AZ, CO, CT, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, VT, WY (18+) or WV

Existing Users: What Promotions are Available to Existing DraftKings Sportsbook Users?

Here are some promotions that existing users can claim in April.

All Sport Same Game Parlay Insurance

Existing users were able to place a Same Game Parlay, knowing their stakes will be returned no matter what at the end of March, and this is a promotion we can expect to see again in April.

Here were the terms and conditions for this promotion when it was last available:

1. All events available
2. Opt-in and apply your Same Game Parlay Insurance Token to place a 3+ leg Same Game Parlay
3. If one leg loses and the rest win, receive your stake back in the form of a Bonus Bet
4. Must opt in and apply your token to the qualifying bet
5. Max Reward limit applies
6. Minimum odds of -300 or longer per leg (-200, +110, etc)
7. Bonus Bet issued upon settlement of all legs within the qualified bet (voided legs do not count towards 3 leg minimum)
8. Wagering on this promotion must use funds from your cash balance or DK Dollars to qualify
9. Bonus Bet reward expires 7 days after issuance
10. Must be 21+, unless otherwise stated, and located in AZ, CO, CT, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NH (18+), NJ, NY, OH, OR, PA, TN, VA, VT, WA, WV, or WY (18+)

How to Bet On DraftKings Sportsbook

DraftKings Sportsbook makes it very simple for all users to place a bet on either their app or the desktop site.

Once you fire up the DraftKings Sportsbook app or the desktop website, you will be presented with an easy-to-navigate homepage. Here you will have a plethora of sports to bet on, and you just need to click the sport you wish to wager on.

Once you have picked your chosen sport, it is then just a case of finding the market and wager you want to make. For example, if you wanted to bet on the MLB, you could either bet game-by-game or on a futures market.

After you have found your bet, simply click on the relative box, and you will be presented with your betslip. Here you will enter your stakes, and then place your bet.

Ways to Bet on DraftKings Sportsbook

Straight bets, like Moneyline or Spread bets, are typically the most straightforward and most profitable way to bet.

Users will be tempted to place parlay bets to boost their odds and win big from low stakes, but that isn't typically a recommended play long-term. Every time you add a leg to a parlay, you are giving the house an edge, and the vig is compounded in the bet.

We wouldn't rule out placing parlay bets, they are ultimately one of the more exciting bets, but to win long-term, you don't want to make it a part of your ultimate strategy.

Player props, such as Anytime Home Run in Baseball are one of the most popular betting markets at this time of year. You can also bet on Anytime Goalscorers in the NHL or Soccer, or on a player's stat lines in the NBA, as you bet on the over/under on points and more.

How to Spot a Good Sportsbook Offer

We love DraftKings Sportsbook's latest April 2024 promotion, and here are the criteria we considered when analyzing the DraftKings promo code.

Type of Bonus: The first thing to consider is exactly what is on offer with the new customer promotion. In the case of DraftKings' latest promotion, you are receiving instant bonus bets, but with other sportsbooks your first bet might have to win, or in some cases, you might just get your first bet covered.

Eligibility Requirements: For the most part, we are looking at new user promotions, but that is not always the case. DraftKings Sportsbook, like many others, also offers existing user promotions, such as odds boosts, bonus bets, and specially tailored bets. One thing that will always be consistent is the age requirement. For most states, that age requirement is 21+.

Deposit and First Wager Requirements: For new user promotions, most sportsbooks will require at the very least a $5 bet. Some sportsbooks need you to deposit $10 to activate your account, but others (like DraftKings) just require a $5 bet and deposit.

Minimum Odds Requirement: You will always see in the terms and conditions of an offer the term 'qualifying bet' and for the most part, that means meeting a minimum odds requirement. Luckily DraftKings Sportsbook does not require you to bet at minimum odds to unlock your $150 bonus. You will simply claim $150 in bonus bets, no matter what odds you bet at.

Expiration Date: Most sportsbooks will offer your bonus bets for a limited time, as they look for you to use your bets on an upcoming event. Typically this is 7 days, and that is the case with the DraftKings promo code. Sign up today and you will have a week to use your bonus bets.