DraftKings No Deposit Bonus

Sadonna Price
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Sadonna Price
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Andrew McDermott
Updated: May 13th 2024
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DraftKings Casino No Deposit Bonus

Players won’t find a no-deposit at DraftKings Casino, but the brand does include a quality welcome offer with a selection of two deals.

Choose between a $500 deposit match and a 100% loss back up to $1,000 deal, easily finding something to suit your playing needs. Check out more on the welcome deal options, including how it works and the best way to use the bonus cash below.

DraftKings Casino Deposit Bonus Code

No bonus code is available at DraftKings Casino, so you don’t have to worry about inputting any information when signing up for a new player account.

Instead, you will click on one of the links or our “Get Bonus” button to visit the online casino site. From there, you will create an account and decide which offer you wish to claim.

Below are the two options you have as a new member of DraftKings Casino:

DraftKings Casino $500 Deposit Match

The second deal you can select is a 100% casino deposit match worth up to $500.

With this deal, you can earn up to $500; bonus funds are added once you meet the deal’s requirements. This option works best for players who prefer having the credits and taking the guaranteed bonus credits rather than “assuming” you’re going to lose on your first day.

DraftKings Casino $1,000 in Losses Back

The $1,000 in losses back bonus is fantastic for those who are going to play higher stakes and are going to be ready to hop right in and begin playing on the DraftKings Casino.

Once you’ve signed up for an account and made your initial deposit, begin playing and any losses you have after your first 24 hours of play, you’ll get back in bet credits.

How the DraftKings Casino Deposit Bonus Works

Claiming the DraftKings Casino deposit bonus is a simple process, but with two available offers, you may need clarification on how it works. Below is a step-by-step guide to get you started.

  • Click this link to be taken to the DraftKings Casino registration page.

  • Fill in the registration form with your details. The casino requires your name, email address, last four digits of your social security number, and additional information.

  • Continue the signup process and hit next to move on to each page.

  • Verify your information, including confirming your location and identity. Accept all terms and conditions.

  • Once you are logged in, select the Promotions section of the site.

  • Select Choose Now under First Time Depositors.

  • Select the 100% match up to $500 or the 100% losses back up to $1,000.

  • Both options require a $5 minimum deposit. Select Opt-In for the deal you wish to claim.

  • This takes you to the deposit page. Select an amount to add and a banking method. Follow the instructions to complete the transaction.

  • Once the funds are in your account, you are ready to play!

Both bonuses have playthrough requirements and terms and conditions we will cover below.

Always read through the full details of a bonus before you claim it and ensure you understand the steps you need to take to fulfill the conditions.

If you've already signed up for DraftKings, check out the full list of the best online casinos in the USA.

Playthrough Requirements

Wagering requirements are the terms you must complete before you can cash out wins from a bonus deal. Both bonus offers have a fantastic 1x wagering requirement – whether it be the first deposit match or any casino credits you receive from the 100% lossback promotion.

You’ll have seven (7) days from the issuance of your bet credits before they will be void.

Terms and Conditions

Deal terms and conditions vary per bonus, so always read the fine print before you claim an offer.

At DraftKings, the welcome deals are valid for new players in participating states, ages 21 and up. You can only select one of the two deals, not both.

You will need to play games to meet the playthrough requirements, and certain types have contribution percentages toward clearing the bonus terms.

Most slots, keno, and virtual sports provide 100% of your wager toward the requirement. Blackjack and other table games have a 20% contribution rate.

It makes more sense to play the 100% contributing games to meet the playthrough requirements as quickly as possible so you can cash out if you like.

The Best Way to Use Your DraftKings Casino No Deposit Bonus

The best way to use your DraftKings bonus varies depending on the offer you choose.

If you select the $1,000 losses back bonus, we recommend you go in with the maximum win limit in mind – a number you reach and stop playing for the day. However, for losses, you should go in with an aggressive strategy because you will get up to $1,000 back in losses.

An all-or-nothing approach is generally not recommended in gambling. However, with the losses back bonus the last thing you want to do is win big early, only to lose it back and break even or receive a small bonus of casino credits.

For the deposit match bonus – or after you receive the bonus bets back from your losses – it’s time to play games and clear the bonus. We suggest you utilize gaming strategies to stretch your bonus funds to the maximum limit.

DraftKings online casino does not include an online casino no deposit bonus, and since you deposited funds, you want to ensure that you get your money’s worth at the site. Consider the following tips to enhance your overall experience with more win potential and bankroll management.

  • Play Lower-Limit Games: To stretch your budget as far as it can go, play lower-limit games. Opt for titles with penny betting, and your bonus funds will last for quite some time.

  • Review RTP and House Edge: Always check a game’s return to player percentage (RTP) and house edge. This information is key to increasing your win potential. The RTP of slot games should be 96% or more, and table games should include a house edge of 2.70% or lower. This boosts your odds of earning a win during your gaming session.

  • Know Your Playthrough Requirements and Game Contribution Rates: Always review a promotion’s playthrough requirements and game contribution rates. Wagering requirements determine how many times you need to wager the bonus funds or wins before you can cash out. Game contribution rates dictate how much a game goes towards clearing the requirement. Only play games with a 100% contribution rate, like slots, to ensure all gameplay goes towards clearing the deal.

Other Types of DraftKings Casino Bonuses

DraftKings Casino is not known for offering a large collection of bonus deals. Once you claim the new player offer, you won’t find much else on the site.

You can claim a DraftKings bonus for Refer-A-Friend and earn up to $100 in casino credits, but the deal is based on friend participation.

While DraftKings does not include many online casino promos, it’s always a good idea to check the promotions page or main site banner to see what new options are available.

Where Is This Bonus Available?

Players located in New Jersey, Michigan, Pennsylvania, and West Virginia are eligible for this bonus.

You do not have to be from the state but simply within state lines to log in and create a new player account to utilize the new player deal.

Sadonna Price
Topic Expert
Sadonna Price

Sadonna specializes in gambling site operator reviews; from casinos to poker gaming, slot reviews, and news. The gambling landscape is constantly changing and she likes to stay on top of the latest developments, the good and the not-so-good. Sadonna has played a vital role in helping to establish gambling websites via content creation as well as providing current updates on legal changes in the US and abroad with fully-researched news pieces and we're excited to have her as our Lead Casino Analyst at OddsSeeker! Sadonna is constantly looking to expand her horizons, meeting and working with new people in the gambling industry as well as other areas including design, fashion, home maintenance, food, and healthcare!

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