DRAFTKINGS DEPOSIT BONUS FOR EXISTING CUSTOMERS

Online casinos and sportsbooks like DraftKings offer generous bonuses and incentives to attract new players, but they don’t stop there. After you set up a DraftKings account, make a deposit and place a few bets, you can expect to receive updates and alerts fairly regularly about new bonuses you may qualify for. You will soon be looking forward to these messages because they will be tailored to you, the way you play and the type of bets you like to place. DraftKings offers regular bonuses and incentives to both its online casino and sportsbook players.

Online casinos offer existing players incentives like this to keep them loyal. The online gaming industry is extremely competitive, and a player who doesn’t feel valued or appreciated can easily be lured away. Ongoing bonuses can also encourage players to place bets. Thousands of players open sportsbook accounts each year just to place a bet on the Super Bowl. These Super Bowl bettors may have no intention of placing further bets, but bonuses and incentives could turn them into regular players.

What Promos for Existing Customers Does DraftKings Offer?

DraftKings believes in using variety and choice to keep its players loyal and happy. Instead of offering a generous deposit match bonus with a strict playthrough requirement, DraftKings chooses to let players pick from several smaller bonuses that they can earn right away. If you log in to your DraftKings account and click the “Promos” tab, you will probably find at least 10 betting boosts and bonuses that you can use right now. Some of these bonuses are offered for a month or longer, but many of them are only available for a few hours.

Happy Hour Boosts

These boosts are offered before a season starts or prior to a big game to drum up enthusiasm and encourage on-the-fence bettors to take action. Happy hour boosts are almost always applied to prop bets like the number of yards a running back will gain or the number of catches a wide receiver will have, and they can be a lot of fun.

No-Sweat Bets

Every online bettor has experienced the sting of loss. We are confident and optimistic when we place our bets, but things don’t always work out. A no-sweat bet takes that sting away. If you place a wager that DraftKings has designated a no-sweat bet and you lose, your stake will be refunded. You won’t be able to withdraw the refunded stake, but you will be able to use it to bet again. DraftKings often uses no-sweat bets to encourage betting on games or tournaments that are not attracting a lot of attention.

Parlay Profit Boosts

Players love parlay bets because they pay off big, and online sportsbooks like DraftKings love them because they don’t pay off very often. Parlay profit boosts are alluring to players because they make already big payoffs even bigger, but they can be applied only to parlay bets with three or more legs. These boosts don’t improve the odds of winning, but they do increase the payout.

Live Boosts

A lot of players assume that they cannot place bets on a game that is already in progress. The clock may be running, and the outcome may no longer be in doubt, but there could still be betting opportunities. Will a star player hit a performance milestone? Will a defense be able to prevent the opposition from scoring a single touchdown? Will an offense be able to gain more than 200 yards on the ground? Live boosts remind players that they can still wager on a game even if the clock is winding down, and they provide a way to cushion the blow of picking the wrong team.

Futures Boosts

Futures bets pay off after a season has been played and a champion has emerged. Examples of futures bets include picking the league winning team or MVP. Online players like to win their money quickly, so this kind of bet is not particularly popular. Offering a futures boost reminds players about these bets and makes them a bit more appealing.

Pick6

Pick6 is DraftKings’ latest fantasy competition, and it gives players a chance to play against each other as well as the house. Just pick two or more athletes, and predict whether they will exceed or fall short of their stat projections. This is a bet like any other bet, but placing it will enter you in a competition and give you the chance to win cash prizes. DraftKings started out as a fantasy sports platform, so Pick6 is a natural fit for them.

Refer a Friend Bonus

Most online casinos and sportsbooks offer their players bonuses for referring their friends and acquaintances. If you want to earn this bonus from DraftKings, you will send your referral an invitation with a personalized link. You will only earn the bonus if your referral clicks this link to connect to DraftKings. After your referral sets up a DraftKings account and makes a deposit, you and they will receive a profit boost. The size of the profit boost is based on the size of the deposit.

Dynasty Rewards

Dynasty Rewards is the DraftKings loyalty and rewards program. Players accumulate Dynasty Rewards points when they win or lose, and every dollar spent on the platform will earn Crown and Tier Credits. Points cannot be used to place bets, but they can be redeemed for elite rewards ranging from luxury goods to premier experiences.

How Do the Promos for Existing Customers Work and How to Redeem Them?

If you want to claim the DraftKings refer a friend bonus, you will have to send your referral a personalized link. If you want to make a no-sweat bet or claim a parlay or profit boost, all you have to do is log in to your DraftKings account and opt in. To do this, just click on the rewards icon at the bottom of the page to bring up a list of available offers. When you see the offer you are interested in, just click “Opt In.” When you do, the button will turn from green to gray, and the text will change from “Opt In” to “Bet Now.”

When you complete your betting slip, the bonus you have selected will appear in the rewards section. Just toggle the button in this section to the right to activate the bonus. The text will now read, “Reward Applied.” Parlay and profit boosts are usually offered for only a short time, so the window of opportunity is small.

Tips to Get the Most Out of This Bonus

The bonuses and rewards that DraftKings offers existing players can make playing your favorite games or betting on your favorite sports more fun and exciting, but they can also encourage irresponsible gambling. If you see a boost or no-sweat bet on a wager you were planning to place anyway, you may feel elated, but don’t let the bonus tempt you into placing bets that didn’t really interest you. Don’t add a fourth leg to a parlay just to get a boost because that extra leg will make your chances of success far, far lower. The key is to think before you bet and always remember that casinos and sportsbooks offer bonuses and boosts to encourage players to play the way they want them to play.

You will need to activate the DraftKings boost on your betting slip because you will have only one token to use. It will probably be several hours before the token expires, so you should think carefully before you apply it. You could use a boost token on a bet you already feel confident about to increase your potential winnings, or you could use a parlay boost to improve the payout on a three-game bet you were planning to place anyway.

You may also get more out of DraftKings existing player bonuses if you wait until close to game time to place your bets. DraftKings offers 10 or more incentives to existing players every day, and a reward may pop up unexpectedly. If the game that interests you is not attracting a lot of action, keeping your powder dry could earn you a reward.

Terms and Conditions and Wagering Requirements

New player incentives that include generous deposit matches usually come with a long list of terms and conditions. You may have to gamble your initial deposit 30 or more times to earn the match, and you may have only a week or two to do it. Existing player bonuses are much easier to qualify for, and that’s especially true at DraftKings. No-sweat bets and profit boosts can take the sting out of losing or make winning more lucrative, but they do not offer players free money.

That means DraftKings has no reason to make existing players jump through hoops to earn a bonus. All you will have to do to claim your bonus is opt in to the incentive and then activate the reward on your betting slip. No-sweat bets and profit boosts do not have wagering requirements, but standard betting rules will still apply. You will also have to meet all the standard DraftKings terms and conditions to take advantage of one of these offers. You must be physically located in a state where online gambling is legal and DraftKings operates, and you must be at least 21 years old.

In Which States Can You Claim This Promo?

If you try to log in to your DraftKings account to place a bet but find that you can’t, it’s probably because you have wandered into a state where online gambling has not been legalized or DraftKings does not operate. You do not have to be a resident of a state where DraftKings does business to place bets on the platform, but you have to be physically located in one. Things become more complicated still because some states allow some types of online betting while prohibiting others. You will be able to visit the DraftKings Online Casino in only five states, but you can visit the DraftKings Sportsbook and place bets in 25 states plus the District of Columbia.

The DraftKings Online Casino is available to players in:

• New Jersey
• Michigan
• Pennsylvania
• West Virginia
• Connecticut

You can visit the DraftKings Sportsbook in:

• Arizona
• Colorado
• Connecticut
• The District of Columbia
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Ohio
• Oregon
• Pennsylvania
• Tennesse
• Vermont
• Virginia
• West Virginia
• Wyoming

You can play DraftKings Pick6 and win cash prizes if you are physically located in:

• Alabama
• Alaska
• Arizona
• California
• Colorado
• Connecticut
• Delaware
• The District of Columbia
• Georgia
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Minnesota
• Michigan
• Missouri
• Nebraska
• New Hampshire
• New Jersey
• New York
• New Mexico
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• West Virginia
• Wisconsin