DraftKings has long been a major player in the daily fantasy sports space and is now a major online sportsbook available to all adults in New Jersey. The site even offers a $500 risk-free bet to entice you to sign up.
Virtually every online sportsbook in New Jersey offers a promo or bonus to attract new players amid extensive competition and DraftKings Sportsbook is no different. There are more than a dozen sportsbooks now available online in New Jersey and more newcomers are reportedly on the way. Promos and bonuses are the main tool these sites use to bring in new sign ups.
Most online sportsbooks offer a deposit match bonus on first-time deposits but DraftKings does things a little differently. Rather than offer a promo code that unlocks a deposit match bonus that comes with high wagering requirements, DraftKings Sportsbook offers all new players a risk-free bet that the site will refund to you if you lose.
Below is a quick breakdown of DraftKings’ 2019 promo and how you can use it.
What is the DraftKings Sportsbook Promo Code 2019?
DraftKings is doing away with the promo code and offering every new player a risk-free bet.
New users will be able to place their first bet and if they lose, the site will refund the bet in full up to $500. If you win, you get to keep the money. The only catch is that you must place your first bet within 30 days of signing up and the refunded funds are in the form of site credits, which means you can place another bet but cannot immediately withdraw the funds.
Otherwise, the only restrictions are that all users must be 21 years of age or older and be physically located in New Jersey. DraftKings Sportsbook will verify your age and address using identity verification and geolocation software.
Where to Enter DraftKings Promo Code
The free bet is available to all new users upon sign up, so there is no promo code to enter.
Along with the risk-free bet, Draftkings will often also allow users to opt into certain promotions that offer free bets up to $25. These promos come with their own restrictions so be sure to read the fine print.
DraftKings is a very user-friendly site and offers a great mobile app for all mobile devices. To sign up, you only need to enter some personal information and allow the site to verify your age and location.
Once you are signed up, you can start betting. DraftKings offers all of the basic bet types as well as extensive in-game betting options, prop bets, and futures bets.
How to Use DraftKings Promo Code
To take advantage of the risk-free bet promo, all you have to do is deposit funds onto your account and place your first bet. If you bet $150 on the Golden State Warriors and lose, the site will refund that money in credits and allow you to try again. The site will refund all lost bets up to $500.
You can deposit money using PayPal, credit or debit card, bank transfer, or the Play+ prepaid card. You can also deposit and withdraw money at the Resorts Casino AC cage.
If you win, you simply get to keep the money so there is no additional incentive except than to try out the betting software. DraftKings is definitely one of the best providers on the market, even in the ultra-competitive New Jersey online sportsbook space.
DraftKings will often also offer additional promos to existing players during the year. Each of these comes with its own set of terms and restrictions so be sure to read the fine print closely.