DraftKings Sportsbook has long been considered one of the premier sportsbooks, and with the DraftKings promo code for March Madness betting, new customers can bet $5 to win $200 if they pick the winner - regardless of the spread!

That's right, just the winner, aka a "moneyline" bet. In addition, there is a 20% first deposit bonus up to $1,000 for new customers , so there are two great deals for new customers at DraftKings Sportsbook.

DraftKings Sportsbook is one of the best sports betting sites, so get signed up today and start betting on all of the March Madness games!

Bet $5, Get $150 Instantly

Tap for Promo Activated! Visit site

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21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

How To Bet With The DraftKings Sportsbook Promo Code

DraftKings Sportsbook is giving new customers the chance to bet $5 to win $200 if any college basketball team wins during March Madness! Here’s how to claim the offer:

1. Sign up for DraftKings Sportsbook using the sports betting app or website and make a new account
2. Deposit $5 or more
3. Bet $5 on any college basketball team and win $200 if your team wins

That’s right, all you have to do is bet $5 on any team in the March Madness tournament, and if your team wins, you’ll get $200 in site credits in the form of eight $25 free bets. What a fantastic deal!

Bet $5, Get $150 Instantly

Tap for Promo Activated! Visit site

Used 19 Times Today

21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

Other DraftKings Sportsbook Promo Codes

DraftKings also gives its new customers a 20% first deposit match bonus up to $1,000. For new users, you’ll get a 20% bonus on your first deposit, meaning, for example, a $1,000 first deposit would see you get $200 in site credits.

You’d have to deposit $5,000 to get the full $1,000 in site credits. There is a 25x rollover attached to this offer, and you can keep track of your progress in your DraftKings Sportsbook account.

You can use either of these deals to bet the NCAA Tournament, which continues Saturday with the Elite 8. Two college basketball betting matchups go down, including:

• 5 Houston vs. 2 Villanova 6:09 p.m. (TBS)
• 4 Arkansas vs. 2 Duke 8:49 p.m. (TBS)

This weekend’s March Madness matchups should deliver plenty of excitement so get signed up with DraftKings Sportsbook and get started betting on all of your favorite sports today!

Bet $5, Get $150 Instantly

Tap for Promo Activated! Visit site

Used 76 Times Today

21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).