The DraftKings Kentucky promo code gives new users $150 in Bonus Bets when they sign up for a new account and wager $5 or more. You are not required to enter the promo code when signing up.
New players who use the DraftKings Kentucky promo code can get up to $150 in bonus bets or a $1,000 deposit bonus. Qualifying deposits for the offer start as low as $5. That said, there's much more information you need to know before claiming the DraftKings promo code Kentucky.
Key Details of the DraftKings Kentucky Bonus
⚠️ Important Notice: All bonus bets must be used within 7 days of receiving them. Make sure to check the full terms and conditions before placing your bets.
DraftKings KY Promo Code Offers for New Customers
As a new player on DraftKings, you can always use the DraftKings promo code to earn some excellent rewards. Below are the current bonus offers to look out for
$1,000 Deposit Match in DK Dollars
DraftKings offers new users a 20% deposit match up to $1,000 in DK Dollars (bet credits). The amount of DK Dollars received equals 20% of the initial deposit. For example, players who deposit $100 will receive $20 in DK Dollars. However, these DK Dollars are not immediately available for use.
To unlock the bonus, players must wager on the DraftKings platform. For every $25 wagered, $1 in DK Dollars is released. Using the previous example, a player must wager $500 within 90 days to unlock the full $20 bonus. Once unlocked, DK Dollars can be used to place bets like cash.
$150 In Bonus Bets
Once you wager a minimum of $5 on any sport using the DraftKings promo code, the sportsbook will instantly reward you with a $150 bonus, regardless of the bet outcome. You receive six bonus bets ($25 each).
Pros and Cons of the DraftKings KY Promo Code
✅Pros
- →Low minimum deposit requirement
- →Flexible wagering rules
- →Flexible bonus offers
⚠️Cons
- →Funds aren’t immediately available
- →Not the most attractive for small bettors
Terms and Conditions of the DraftKings Kentucky Promo
Here are the main terms and conditions for the DraftKings promo code in Kentucky:
- Only available to new users.
- Minimum deposit and bet of $5.
- $150 in bonus bets are awarded regardless of your bet’s outcome.
- The bonus will be paid as six $25 bonus tokens, which cannot be withdrawn for cash.
- Bonus bets are valid for 7 days.
- Bonus bets do not count towards winnings from successful bets.
DraftKings Promo Code Registration Process
During registration, use the bonus code to enjoy any of the DraftKings Sportsbook Kentucky offers. Follow this step-by-step guide to get started:
- Go to DraftKings' official website via your device browser or visit the mobile app.
- Click the green “Sign Up Now” button.
- Enter your email, username, password, and mobile number. At this stage, you will see a box to input a promo code; enter [bonus code].
- Verify your phone number through the text from the sportsbook.
- Enter your address for location verification. Although you can skip this process for later, completing the verification and fully accessing DraftKings products is essential.
How to Get the Most Out of the DraftKings KY Promo Code
Remember, you will receive $150 in bonus bets regardless of the outcome of your first bet using the DraftKings promo. Once you receive the bonus funds, feel free to use them on your favorite sports markets. Just remember to use them within 7 days of receiving them before they expire.
It's also important to remember that the bonus bets are awarded as six $25 bonus tokens, which cannot be broken down into smaller wagers. Also, bonus bet stakes are not returned on any winning bet, so you have to think twice about whether using a token on a standard bet with -110 odds is worth it.
You might be better off using some of the $25 bet credits on parlays as the potential payout is higher.
How to Place an NFL Bet with DraftKings
After successfully verifying your account, log in with your details (email and password). To place a bet on an NFL game, follow these simple steps:
- Scroll to the bottom of DraftKings website homepage.
- Click on “NFL odds.”
- Choose your preferred bet type: spread, parlay, futures, props, or moneyline. You will see the different event dates, starting with “today,” and the odds on each event and team.
- Add a bet to your bet slip.
- Go to the “My Bets” section to monitor the outcome of your bet.
DraftKings Bonus Offers for Existing Customers
Existing customers can also jump into the action with specific DraftKings bonuses. These include:
Fantasy Sports Promos
DraftKings Sportsbook organizes a weekly NFL Fantasy Football Millionaire contest. The top 2,500 participants receive bonus prizes. The entry fee for the contest is $20, and interestingly, there are no restrictions or playthrough requirements.
Another fantasy sports offer for existing customers is the $15M Fantasy Football World Championship. This tournament is expected to be held on December 15th, 2024, and the top prize is $2.5M.
DraftKings Profit Boosts
Existing customers can also participate in regular profit boost offers or tokens. These usually occur with certain bet types and big games. For example, DraftKings might offer a 30% profit boost for the upcoming Monday Night Football game. Or, they could offer certain MLB parlay selections with boosted earnings.
Refer a Friend Program
DraftKings has a refer-a-friend program that allows you and your friends to earn rewards. Just find your personal referral link from DraftKings and share it with friends. When a friend signs up and places a bet, you and the friend receive bonus bets of $50 or $100, depending on the current promotion.
You can refer up to five friends to receive these bonuses per each promotional period.
Sports Markets at DraftKings
The sports markets at DraftKings are diverse, allowing players to use the DraftKings promo code on various games and events. Here are some of the most popular sports markets available at DraftKings:
🏈 NFL
Once in the football or NFL odds section, you will see several odds you can bet on, from spreads, moneylines, and parlays to futures and player props. You will also occasionally see pop-ups for special parlays and profit boosts.
🏀 NBA
With the DraftKings Kentucky promo code, you can also wager on NBA team futures, game props, player averages, player leaders, team specials, wins/playoffs, etc. At the game props, there are different teams' score predictions from the 1st to 4th quarter.
⚽ Soccer
DraftKings Sportsbook has a large soccer market, including live soccer betting. Players can wager on domestic competitions like the MLS Cup or international competitions like the UEFA Champions League or the Premier League.
Betting Markets at DraftKings
1. Point Spread
Every game has a point spread, which is a line determined by the oddsmaker that the favorite has to win by to cover the spread. For example, a 3-point favorite in an NFL game would have to win the game by at least 4 points to cover the spread, and their spread is denoted with a minus sign in front of the number. The underdog has a plus sign in front of their spread, and they can’t lose by more than that number of points to cover.
2. Moneyline
A moneyline bet is as simple as picking who wins the game outright. The point spread is irrelevant to winning moneyline bets, but the point spread will help determine the odds for each team’s moneyline. The favorite will have shorter odds and pay less to winners, while underdogs have longer odds and pay more when they win, which isn’t as often as favorites.
3. Game Total (Over/Under)
Another classic bet type is the game’s total, which is betting if the combined points between the teams will go over or under the set line. If you think the game will be an offensive show, you should probably take the over. If you like the defenses more, then you bet on the under.
4. Teasers
Teasers are popular bet types for American football games. It’s basically an alternate line for the spread and total where you “tease” the lineup or down by a set amount, like 6 points. Here are some examples of teaser picks in NFL games:
- Eagles -7 can be teased to Eagles -1
- Panthers +9.5 can be teased to Panthers +15.5
- Bills-Chiefs O/U 48.5 points can be teased to over 42.5 or under 54.5 points
The teased lines will have easier odds to win, but they pay out less when that happens. That’s why people like to parlay teased lines together to win more, but every leg must be successful for that bet to win.
5. Prop Bets
Prop bets come in a wide variety and can be bet on at the player, team, and game levels.
- Examples of player prop picks in NFL games: Anytime touchdown scorers, first touchdown scorers, and over/under bets for passing/rushing/receiving yards, pass/rush attempts, passing touchdowns, receptions, etc..
- Examples of team prop picks in NFL games: You can bet on a team’s total points for the game, their first-half spread, and whether their team total will be an even or odd number.
- Examples of game prop picks in NFL games: Bets on the highest scoring quarter/half, who scores first (or last), who reaches 10 points first, if the game goes to overtime, etc.
6. Parlays
A parlay is when you place multiple picks on the same bet slip, and every leg must hit to win the parlay. Parlays are popular bets because they can be very low risk and very high reward, much like a small lottery ticket. The trick is that every leg makes winning harder, and you can’t afford any mistakes. That’s why professional gamblers tend to avoid them, and parlays should be viewed more as recreational wagering.
DraftKings Bonus Comparison
We compared the DraftKings Kentucky promo code with other major online sports betting sites in the US. Below are our findings:
| Sportsbook | Bonus | Promo code | Minimum deposit | Bonus rating |
|---|---|---|---|---|
| DraftKings | Minimum bet of $5 for up to $1,000 in DK Dollars. | No CODE | $5 | 4.7/5 |
| Fanduel | Minimum bet of $5 for a $200 bonus. | No CODE | $10 | 4/5 |
| BetMGM | Up to $1,500 backed bonus on your first bet. | SFAPLAY | $10 | 4.5/5 |
| Bet365 | First bet safety net up to $1,000 or $50 bonus bet. | SHARP365 | $10 | 4.2/5 |
| Caesars | Up to $1,000 if the first bet loses. | SFA1000 | $10 | 4.5/5 |
DraftKings and FanDuel both provide an upgraded “Bet $5, Get $150” offer, though FanDuel requires the initial bet to win. BetMGM and Caesars cater to higher-stakes bettors with risk-free first bets up to $1,500 and $1,000, respectively, while Bet365 offers flexibility with either a $1,000 safety net or a smaller bonus bet deal. DraftKings and FanDuel appeal to casual bettors seeking instant value, whereas BetMGM, Bet365, and Caesars target users willing to deposit more for higher potential returns. Bettors should consider wagering requirements and payout structures to maximize value.
DraftKings Payment Methods – Deposits & Withdrawals
| Method | Deposit | Withdrawal |
|---|---|---|
| Online banking | ❌ | ✅ |
| Visa | ✅ | ✅ |
| MasterCard | ✅ | ✅ |
| PayPal | ✅ | ✅ |
| Wire Transfer | ❌ | ✅ |
| Interac | ✅ | ✅ |
| Apple Pay | ❌ | ✅ |
| Play+ Prepaid Card | ❌ | ✅ |
DraftKings Kentucky offers multiple payment methods for deposits and withdrawals, ensuring convenience and flexibility for users. While Visa, MasterCard, PayPal, and Interac support both deposits and withdrawals, some options like online banking, wire transfers, and Apple Pay are limited to withdrawals only. It's important to note that most methods require using the same option for both transactions. Always check for the latest updates to ensure a seamless experience.
Note: You must use the same deposit and withdrawal method while using most of the payment options.
DraftKings Communities Tips
DraftKings Customer Support
DraftKings’ support team is available 24 hours a day, seven days a week. You can always inquire about the DraftKings Kentucky promo code or ask for help should an issue arise. Most DraftKings reviews attest to the sportsbook having solid customer support.
DraftKings' support team is available 24 hours a day, seven days a week. You can always inquire about the DraftKings Kentucky promo code or ask for help should an issue arise. Most DraftKings reviews attest to the sportsbook having solid customer support.
Phone
Address
DraftKings' support team is available 24/7 to assist with promo codes and general inquiries
Safe Gambling and Licensing
DraftKings provides its customers with practical and safe gambling tools to reduce the risk of gambling addiction. These tools are Deposit Limits, Wagering Limits, Max Wager Limits, Time Limits, Contest Limits, and Self-Exclusion.
Also, DraftKings provides a safe gambling environment. It is licensed, tested, and regulated by state authorities where it is legal. The platform is also well-regarded among the sports betting community.
DraftKings has the second-largest market share among US sportsbooks, so you can trust that it is a reliable and safe online sportsbook that will protect your funds and user data. In Kentucky, the Kentucky Horse Racing Commission monitors DraftKings activities to ensure the site provides users with a safe and secure betting environment.
Our Final Opinion – Is the DraftKings Bonus Worth It?
The DraftKings bonus is worth taking advantage of for Kentucky bettors looking to add a reliable sportsbook to their list. The bonus is better than that of some competitors like FanDuel, which requires you to win your first bet to receive the bonus. At DraftKings, bonus bets are awarded automatically after your first bet settles, win or lose.
We also love that DraftKings frequently offers boosts and promos for existing users. On top of that, the DraftKings Sportsbook platform is one of the best in the business, with an easy-to-use app, dozens of sports and betting markets, and loads of features like live betting and a customizable bet builder.
Overall, the DraftKings promo is an impressive and flexible offer that lets new players try out the DraftKings platform with minimal risk.
DraftKings Kentucky Promo Code | FAQs
How do I use my DraftKings promo code?
During sign-up, enter your bonus code when prompted and deposit at least $5. After that, you will receive 20% of your deposit in locked DK Dollars (bet credits). For every $25 you bet on the platform, DraftKings will add $1 in bet credits to your account.
Where can I find the promo code for DraftKings Sportsbook Kentucky?
You do not need a DraftKings promo code to claim the offer. Use it while registering your account or making your first deposit to unlock the welcome offer of up to $1,000.
How many times can I use the DraftKings promo code?
You can only use your bonus code once, as you cannot claim the offer multiple times. This applies to DraftKings platforms in every state where it is legal. However, you can use your DraftKings referral code to earn rewards for you and your friends.