DraftKings promo code: First $5 NBA bet scores instant $200 Thursday bonus

Grab the "Bet $5, Get $200" DraftKings promo code offer to secure $200 in bonus bets for the NBA and more.

Posted 9:17 p.m. Jan 25 — Updated 9:17 p.m. Jan 25

Tim van Straten

, XLMedia

DURHAM, N.C. — Enjoy another must-watch night of NBA action after enabling the new "Bet $5, Get $200" DraftKings promo code offer. Open a DraftKings Sportsbook here and get $200 in bonus bets on the spot once you place any $5+ wager, regardless of the odds or outcome.

It's "Rivalry Week" in the NBA, as each night features must-watch matchups between heated foes. Tonight, the Celtics and Heat square off in a rematch of last year's Eastern Conference Final. After that, the rival Kings and Warriors face off in another postseason rematch. Head to DraftKings to place $5 on any game, and you'll earn $200 in bonus bets for Celtics-Heat, Kings-Warriors, and other intriguing showdowns like 76ers-Pacers and Nuggets-Knicks.

DraftKings Promo for NBA Thursday: How to Earn $200 Bonus Win or Lose

DraftKings Promo Code No Code Needed With This Link New User Offer Bet $5 on NBA, Get Instant $200 Bonus Bonus Last Verified On January 25, 2024 Information Confirmed By Tim van Straten, XLMedia As a new DraftKings customer, your first $5 wager will return cash profit after a win. But before you watch the magic unfold on the court, DraftKings will reward your stake with a substantial bonus worth $200. That's a guaranteed 40-1 payout on top of potential earnings.

There are several new customer promos in the industry that promise a bonus after a first bet. However, DraftKings owns the only one with a $200 payout. Plus, the bonus arrives seconds after your qualifying bet, giving you an instant bankroll for tonight's games and beyond.

One prop I'm targeting with a bonus bet is Knicks +2.5 (vs. Nuggets). New York is one of the hottest teams in the NBA, with wins in eight of its last ten games and a 14-5 home record. After playing five consecutive games in the Big Apple, the Knicks should have an advantage over a Nuggets team wrapping up a five-game road trip. You can also take New York's +114 moneyline, but +2.5 accounts for a narrow loss.

Register Through DraftKings Promo Code

Ready to score $200 in bonus bets tonight? Follow DraftKings' registration instructions below to unlock the "Bet $5, Get $200" welcome offer:

Click here to trigger our DraftKings promo code links.
Fill out the required fields and create an account,
Use your preferred payment method for a cash deposit.
Place at least $5 on the NBA betting market.
Receive an instant payout worth $200 in bonus bets.
- Players get eight $25 bonus bets through this offer.

Sports fans in the Tar Heel State learned that NC online sports betting will launch on March 11, just before the ACC Tournament and one week before the NCAA Tournament. DraftKings will begin accepting in-state registrations through our DraftKings North Carolina promo code on March 1, though it's unclear whether the site will have an early sign-up bonus before 3/11.

Build No Sweat SGP

A Same Game Parlay will boost your bankroll with sizable cash winnings, but higher odds mean more risk. However, DraftKings gives every customer a "No Sweat" Same Game Parlay or SGPx daily, eliminating the risk while maintaining every dollar of cash profit.

Here's a qualifying SGP for Nuggets-Knicks that DraftKings would cover. We'll add the Knicks +2.5 prop and a few other props to beef up the odds to +435: