DraftKings promo code: Bet $5 on NBA Friday, score $200 weekend bonus

The NBA's Rivalry Week continues with a Cavaliers-Bucks rematch and must-watch showdowns like Mavericks-Hawks, Clippers-Raptors, and Thunder-Pelicans. As a new DraftKings customer, you can bet as little as $5 on these games and more to receive an instant payout worth $200 in bonus bets. Use your bonus bets tonight, or save them for Sunday's NFL Conference Championships to make cold, hard cash.

New users also qualify for limited-time promotions on the DraftKings Sportsbook app. One offer, the "No Sweat" Same Game Parlay, protects a 3+ leg SGP on any sport with a bonus bet refund after a loss.

Since the payout happens instantly, bettors can tackle tonight's games for chances to make money. One of my favorite bets is the Thunder's +110 moneyline at the Pelicans. Oddsmakers continue to overlook Oklahoma City despite its 31-13 record and fully healthy lineup. The Thunder are underdogs at the Pelicans, but their 7-4 record as a road underdog is the best in the NBA. I'm banking on the Thunder to win this game outright, turning a $25 bonus bet into a $27.50 cash payout.

There are endless betting possibilities for new DraftKings customers. However, everything starts with earning a $200 welcome bonus from one of the industry's top sportsbooks.

Here's how to activate the "Bet $5, Get $200" DraftKings promo tonight:

As previously mentioned, DraftKings has additional promos for new and existing bettors on its free mobile app. The standout offer is the "No Sweat" Same Game Parlay. When users craft a 3+ leg SGP or SGPx with minimum +400 odds, DraftKings will refund a loss with bonus bets. The offer eliminates the risk while maintaining the high payout potential.

The "No Sweat" SGP is a recurring promotion that resets daily. Bettors can build a fully-backed SGP on Cavaliers-Bucks tonight, UNC-Florida State on Saturday, and Chiefs-Ravens on Sunday.