Bet $5, Win $200 on Basketball at DraftKings For the Rest of May

May 17, 2021

DraftKings Bet $5, Win $200 Basketball Promo

Basketball season is heating up, as the NBA playoffs are set to begin. And new bettors at DraftKings Sportsbook can get in on the NBA postseason action for the rest of May with an offer that is one of the best values in sports betting. From May 17 to May 31, bettors who make their first deposit and place a moneyline bet on any basketball game will receive a $200 bonus when their wager has settled.


$1000 BONUS

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Bonus code: CLICK HERE
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How the Promo Works

This offer is for first-time depositors at DraftKings Sportsbook, and comes just in time for the NBA postseason. And for new bettors, this offer could not be easier to redeem. All bettors have to do is deposit $5 or more, bet $5 on any basketball moneyline, and they will receive $200 automatically once that bet is settled.

Beyond the simplicity of this offer, the value is the real highlight here. The NBA playoffs are full of the best teams in the league, and there would never be a 40/1 moneyline underdog in any game. But with this promo, any team is converted into a 40/1 moneyline selection, which is a great way for bettors to run up their bankroll without having to incur any risk of their own.

Eligible States: CO, IA, IL, IN, MI, NJ, PA, TN, VA, or WV
Start Date: May 17, 2021
End Date: May 31, 2021
Offer: Bet $5, Win $200 on any basketball moneyline bet
Promo Code: None Needed
How to Claim: Make your first deposit and bet $5 on any basketball moneyline, $200 bonus credited automatically

How to claim the DraftKings Sportsbook offer

Step by step guide on how to claim this promotion

1 Step 1

Create an account at DraftKings Sportsbook

2 Step 2

Make your first deposit of $5 or more

3 Step 3

Place a moneyline bet of $5 on any basketball game

4 Step 4

$200 bonus automatically credited in the form of eight $25 free bets

About DraftKings Sportsbook

DraftKings Sportsbook first launched in New Jersey in 2018 and has since expanded into 10 other states around the US. Formerly a daily fantasy sports operator only, DraftKings became one of the first legal sports gambling operators in the United States after it was made legal in 2018 when PASPA was repealed.

One of the biggest contributions that DraftKings has made to the American sports betting industry has been their player-friendly promotions. They have become known for offering 100/1 odds boosts on major sporting events like UFC main events, and they have brought a similar approach to the game of basketball as well.

Who is eligible for this promotion?

Only new players who are making their first deposit at DraftKings Sportsbook are allowed to take part in this promotion.

What states can this promo be used in?

In order to use this promotion, bettors must be located in CO, IA, IL, IN, MI, NJ, PA, TN, VA, or WV.

How is the bonus paid?

The $200 bonus is paid out in the form of eight $25 free bets, which must be used in one week.

Jay Sanin
Jay Sanin is a sports writer and broadcaster from Albany, NY. He has covered sports betting and the gambling industry since 2013.