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DraftKings CFB Promo Code: Bet $5, Get $200 In Bonus Bets For College Football Weekend

Mark Strotman for Bookies.com

Mark Strotman  | 11 mins

DraftKings CFB Promo Code: Bet $5, Get $200 In Bonus Bets For College Football Weekend

Bet $5+, Get $200 Instantly + Up To $150 in No Sweat Bets

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Is this the year someone finally knocks off Kirby Smart and the Georgia Bulldogs? Will the SEC—winners of five of the last six College Football Championships—continue to reign supreme? Will we see another Cinderella Story in TCU go from unranked beginning the season to playing in the title game?

There are a number of big questions that need answering, and we’ll get them in the following months to come when the college football betting season unofficially kicks off in late August. 

Between now and then, college football fans and prospective sports bettors can get in on the action that DraftKings Sportsbook will be providing its players on it sports betting app. Use a DraftKings college football promo code to get a Bet $5, Get $200 in bonus bets.

In addition to its flagship welcome bonus offer—which we’ll touch on shortly—there are a number of college football boosts that will allow players to kick off the season with the potential to earn higher payouts at no additional cost to them. 

We’ll go over all of the details so that college football fans can make the most of their experience at DraftKings Sportsbook as the regular season fast approaches. Here’s what you need to know about the DraftKings college football promo code.

DraftKings College Football Betting Promo Explained

DraftKings Sportsbook changes its flagship offer from time to time based on what’s happening in the sports world at the time. 

We expect that bettors who register for a new DraftKings account prior to the college football season will earn $200 in bonus bets when they place a $5 real-money wager on any set of college football odds. 

The eight $25 bonus bets are yours regardless of the outcome of your first wager, though you can still earn cash profit on that $5 bet for the chance to double-dip your winnings.

Here's an example: A new bettor who uses the DraftKings college football promo code offer places a $5 bet on Oklahoma to cover a +6.5 point spread against Cincinnati at -110 odds. As soon as that game is over, that bettor will receive eight $25 bonus bets into their account. 

If Virginia covers the spread, the bettor will also receive $4.55 profit (plus their original $5 wager), totaling $9.55. If Oklahoma does not cover the spread, bettors will lose their $5 wager but still have the $200 in bonus bets.

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DraftKings College Football Promo Code Terms & Conditions

What bettors love most about the DraftKings college football promo code offer is how straightforward it is. There are no hoops to jump through, no fine print, and it’s also a guarantee of bonus bets hitting your college football betting app account. 

You’re starting with funds in your account after placing a single $5 bet—no matter the outcome. Here are some other terms and conditions that apply to the first wager and the bonus bets you’ll automatically receive:

  • Your $5 bet can be on any set of odds in any sports betting market, not just college football; whether you want to bet on Caleb Williams to repeat as the Heisman Trophy winner, a first-quarter spread of a MAC game, or a tennis match—the choice is yours
  • The eight $25 bonus bets cannot be broken up or combined, though you could use multiple $25 bonus bets on the same odds as a workaround to the latter option
  • The bonus bet amount is not included in any winnings; for example, a $25 bonus bet on -250 odds would pay out $10 total, not $35
  • Players will have seven days from the time of being issues the bonus bets to use them; that shouldn’t be an issue come college football season when there are hundreds of games each week, meaning thousands of odds to choose from at DraftKings Sportsbook

How to Active the DraftKings College Football Betting Promo 

Ready to start betting on college football with DraftKings Sportsbook? Good choice. The even better news is that the registration process takes just a few short steps to complete. 

You’ll be placing bets and earning your $200 in bonus bets in no time. Here’s what to do to claim DraftKings College Football Promo:

  1. Click the BET NOW button located in this article to begin your registration for a new DraftKings Sportsbook account; there’s no actual code to type in like there is at other operators, so simply clicking will unlock your welcome bonus offer
  2. Create your DraftKings Sportsbook account by providing the operator with the relevant personal information (name, address, email, and phone number) to help verify your identity; bettors will need to prove they are at least 21+ years old and physically located in a state where DraftKings is operating to earn this specific offer and place bets her
  3. Make a qualifying first deposit and begin betting

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Where Can I Use the DraftKings College Football Betting Promo?

DraftKings Sportsbook is legally operating in more than 20 U.S. states (and Ontario), making it one of the most widely used operators in the industry. 

While that means standard rules across the board for professional sports, state governments are able to restrict the betting of collegiate sports that occur in-state or include in-state teams. With that in mind, here’s a look at the states that offer DraftKings college football sports betting:

No restrictions: Illinois, Maryland, Michigan, Pennsylvania, West Virginia, Wyoming, Kansas, Ohio, Louisiana

Must be placed at physical sportsbooks: Mississippi, North Carolina, Oregon

Not allowed: Connecticut, Massachusetts, New Jersey, New Hampshire, New York

Can I Bet College Football Props with DraftKings Sportsbook? 

Prop bets—both team props such as the number of points a specific team will score or player points such as the first player to score a touchdown in a game—have even heavier restrictions placed on them in certain states. Arizona, Colorado, Indiana, and Iowa allow bettors to place wagers on collegiate football games but not on team or player prop bets. 

If you need more clarification in your specific state, those betting markets will either be available or not listed at all (meaning they aren’t legal), so bettors will always know what the rules are in their area.

Type of DraftKings College Football Betting Promos

DraftKings is known for having some of the best weekly promos in the sports betting industry. Each Saturday, bettors will be able to log into their accounts and have a handful of options to choose from that both enhance the sports betting experience and increase potential payouts to players.

A few examples that bettors can expect once the games begin include Stepped Up Parlays that increase payouts by 10% with each leg you add, No Sweat Saturdays where bettors will earn back their funds as a bonus bet (up to a certain dollar amount) if their wager loses, and Saturday specials where DraftKings will create a parlay for bettors and boost the odds—at no additional cost to you. 

With hundreds of games going on each weekend, it’s no surprise that DraftKings brings the goods when it comes to promotions.

DraftKings College Football Betting Promo vs Competitors

Of course, DraftKings isn’t the only operator in the sports betting industry. And since players are able to sign up at as many operators as they legally can, it makes sense to look at some of its competitors to compare its welcome bonus. Here’s a look at those operators:

FanDuel promo code offer: Bettors looking to go big on college football will love this one. Register for a new account and receive a Bet $5, Get $200 in Bonus Bets. Either you’ll earn cash profit with a victory or earn site credit with a losing bet. The nice feature with FanDuel Sportsbook is that the site credit can be divided up and used however losing bettors prefer.

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Caesars Sportsbook promo code BOOKIESGET: We all know how important insurance can be. That’s what makes this offer such a good one. New players who sign up for Caesars Sportsbook Bet $50, Get $250 in Bonus Bets. You’re either starting your experience with cash profit or receiving a single matching bonus bet with a loss for a second chance to earn back your funds.

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BetMGM bonus code BOOKIES: Sign up for a new account at BetMGM Sportsbook and receive a first-bet bonus up to $1,500. Choose from any set of odds in any sports betting market and either win cash profit or pick up matching bonus bets equal to the amount you wagered and lost. This is truly a great offer for all types of bettors.

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WynnBET promo code XBDC: Like DraftKings, this one is a guarantee. Register for a new account at Wynnbet Sportsbook and place a $20 real-money wager on any set of odds -120 or greater. Do that and you’ll automatically receive a $100 bonus bet on top of any winnings from the original wager. That bonus bet must be used on odds of -150 or greater, leaving you with hundreds of betting options to choose from here.

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Barstool Sportsbook promo code BOOKIES: Register here and receive a first bonus bet up to $1,000. You either come away with cash profit or receive matching site credit that can be used however you like. On top of this great offer, Barstool Sportsbook provides players with a $10 bonus bet just for signing up. It’s the cherry on top of a great deal.

DraftKings College Football Futures Betting

The Heisman Trophy award is the most prestigious in college athletics—and it’s in the conversation for any sport in any league. 

Given to college football’s best individual performer, the Heisman Trophy has a number of hopefuls each season that online sportsbooks like DraftKings are happy to put odds on to see if bettors can win big. 

These odds change throughout the course of the season based on the likelihood of a player being named the Heisman Trophy winner. Here’s a quick look at the preseason odds:

  • Caleb Williams            +400
  • Michael Penix Jr.          +900
  • Quinn Ewers                +900
  • Jordan Travis                +900
  • JJ McCarthy                  +1600
  • Shedeur Sanders        +1800
  • Sam Hartman              +2000
  • Drew Allar                    +2000
  • Bo Nix                           +2000

And Georgia is currently the favorite to three-peat as national champions. Here’s where those odds stand as we head into the summer:

  • Georgia                       +240
  • Michigan                     +475
  • Florida State               +1000
  • Texas                           +1000
  • Ohio State                   +1200
  • USC                             +1400
  • Penn State                  +1800
  • Notre Dame                +2200
  • Alabama                     +2500

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About the Author

Mark Strotman for Bookies.com
Mark Strotman
Mark is a veteran sports betting journalist who has covered the Bulls and the NBA since 2012. His work has appeared on ESPN.com, FoxSports.com, The Chicago Tribune and Yahoo Sports. He regularly provides NBA betting picks, as well as in-depth sportsbook reviews and the latest promo codes for all the major sports gambling operators, including Caesars Sportsbook, BetMGM, DraftKings, FanDuel and more.