DraftKings promo code: Unlock instant $150 bonus + NBA League Pass

Wednesday's NBA action includes 12 games, all of which are available to bet on at DraftKings Sportsbook. The top matchups include Bucks-Pacers, Pelicans-Timberwolves, Clippers-Suns, and Heat-Lakers. Throw a $5 wager on any spread, moneyline, or over/under from the NBA, and DK will issue $150 in bonus bets on the spot. You can also place a qualifying bet on the NHL, college basketball, or NFL Week 18 to qualify for a bonus.

Download the DraftKings Sportsbook app to opt into additional promotions. These include "No Sweat" Same Game Parlays and "Stepped Up" parlays with significant profit boosts.

For a limited time, DraftKings also rewards a free subscription to NBA League Pass. New customers can now watch every out-of-market NBA game for the rest of the 2023-24 season. That's a $69.99 value that DraftKings throws in for no charge.

Signing up for DraftKings Sportsbook doesn't require a betting genius. Eligible bettors can register in as little as five minutes through the links below. From that point, they're just a $5 wager from securing one of the largest guaranteed bonuses in the industry.

Here's how to qualify for DK's "Bet $5, Get $150" offer:

DraftKings issues six $25 bonus bets on the spot. Players also receive a subscription code for NBA League Pass via email.

Like other sportsbooks, DraftKings gives customers the chance to build a high-risk, high-reward Same Game Parlay. However, the "No Sweat SGP" offer eliminates the risk. Any 3+ leg SGP or SGPx triggers a bonus bet refund after a loss, while a win still generates every dollar of expected cash profit.

Here's an example of a "No Sweat" Same Game Parlay on DraftKings. This three-leg SGP for Heat-Lakers comes to +490 odds, so a $10 wager triggers a $49 profit or a $10 bonus bet: