New DraftKings Promo Code for October 2026: Spend $5, Get $150 in Bonuses
DraftKings Sportsbook’s October welcome deal is one that keeps on giving. And with no DraftKings promo code to enter, it’s as simple as could be to qualify for and then use this bonus – we’ll help with the details below.
What you need to know right now is what you have to give and what you will get. And the headlines are simple: when you make an initial qualifying bet of $5, you will receive a series of bonus bets that total $150, whether your initial bet wins or loses. That’s thirty times your initial stake, which is very nice.
How the DraftKings promo code offer works
The opening step really is about as small as can be. Sign up and deposit at least $5, and then place a bet with that money of $5 or more on any market. This qualifying bet unlocks everything else, including your initial two $25 bonus bets, which will land in your account when the initial bet resolves – win or lose. As our DraftKings review makes clear, you’ll have plenty of markets on which to use those bonus bets.
One of the key points about this DraftKings new user bonus is the scheduling. The $150 free bets don’t land all at once; instead, the bonus is split into three installments. Your first $50 lands immediately, with the next drop arriving a week later, and the final $50 following a week after that. Each $25 bonus bet is treated as a single stake, so you can’t combine them on the same wager.
Clicking our links and banners gets you over to DraftKings, and then all you need to do is follow those instructions: no DraftKings promo code to remember and no extra steps to go through. Just making that initial $5 bet with your own money will get you the bonus in full. Just remember that once a bonus bet lands in your account, it needs to be used within seven days. It’s a superb offer, so you wouldn’t want to waste it.
Key details of the DraftKings offer
We wouldn’t want to send you off to DraftKings only partially informed, so it is important to drill down into the important details of the offer. Bonus bets are non-withdrawable, which means that you can’t just take the $25 and bank it – and nor will it be included in any winnings. You keep the profit; the stake goes back to DraftKings. This is more or less always the case with US betting promos, so it’s hardly a huge obstacle. But taking it into account, betting on plus-money outcomes such as an underdog moneyline or a simple parlay is a good way to use the free bet.
Also, as is standard on US betting sites, the offer is limited to one per new customer. Make sure that you are located in a state where DraftKings operates under license, and that you are 21 or older – in some jurisdictions this may be 18, so check the laws and rules for your state before signing up.
How to claim the DraftKings bonus
All of the above taken into account, there is never going to be a better time to sign up to DraftKings. All you need to do is:
- Click our banners and links to get to DraftKings
- Sign up for a new account
- Deposit at least $5
- Bet $5 or more at DraftKings
- Whether that bet wins or loses, you will receive two $25 free bets when it resolves
- Another two $25 free bets follow a week later; the final two arrive a week after that
Why you should sign up right now
There’s no sign this offer is about to end, but there are compelling reasons to take DraftKings up on it now rather than waiting. The end of October and the beginning of November are the busiest period in the US sporting calendar, with the NFL regular season in full flow, the World Series bringing Major League Baseball to a close, and the NBA starting up while the NHL is also getting into its stride. For a period of time, all four major US sports are active at once, making for some big nights of sporting action – and consequently, betting opportunities.
A solid bonus worth signing up for
With just one $5 bet being all it takes to unlock a future $150 total in free bets, this is an offer that makes nothing but sense if you’re looking for genuine value. Spread across 14 days, it also gives you something to look forward to after the initial bonus drop and it can all be activated within a busy month for US sports. So why wouldn’t you get right over to DraftKings – click our links and banners – and get started on reeling this bonus in?