It’s common to see a DraftKings commercial boasting $200 in bonuses just for signing up. Most people think it’s fake and just a marketing scam.
However, DraftKings offers $200 in bonus bets that you can instantly use toward your account.
How does this work? We’ll show you exactly how DraftKings offers $200 in bonuses and why it’s so important for their operation.
DraftKing Bonuses
To understand why DraftKings offers $200 bonuses, you must first understand customer acquisition. DraftKings has found that if they spend $200, they can acquire a customer. The only stipulation is the user must deposit $5 into the account first.
This ensures that the user’s bank account or credit card is linked up to Draftkings for easy deposits in the future.
Once they get the customer in the door, they then know that they will get introduced to using the app and hopefully put money into every sporting event.
In the long run, DraftKings will earn over $200 over the user’s lifetime.
The odds are always in the favor of DraftKings, so the longer you play, the better chances DraftKings has to make to make their money back.
The $200 bonus isn’t a lot in the grand scheme. DraftKings will happily give out $200, knowing they will make more than that.
How To Get Your $200 DraftKings Bonus
The easiest way to get your DraftKings $200 bonus is to enter the promo code when you sign in. For instance, when you sign in for the first time, you will see a box asking if you have a promo code. This is where you want to enter your information to get your $200 DraftKings bonus.
First, download the DraftKings app here.
Next, open the app and click the Sign Up button in the top right corner.
Once you fill out your information, you will see a box that says “Promo Code.”
Enter your promo code in the box. Once you successfully sign up, you will be granted your $200 deposit, which you can use toward any bets.
Frequently Asked Questions
How Do I Get My $200 Bonus On DraftKings?
To get the $200 bonus from DraftKings, you must deposit at least $5 to qualify for the promotion. Once you deposit $5, you will be awarded $200 worth of bonus bets.
How Long Does It Take To Get My $200 Bonuses?
You must first connect a bank account or credit card to your account. Once you do that, you must deposit $5 into your account. This will then trigger the $200 bonus to land in your account.
Is The $200 DraftKings Bonus Legit?
Yes, it’s legit. First, enter the promo code into the promotional field. Then, you must first deposit $5 into your account.