DraftKings is offering new users $150 [1] in bonus bets after they place a first wager of at least $5 [2] on MLB betting.
This promotion aims to attract new bettors to the platform and increase the available bankrolls for users wagering on Major League Baseball. By lowering the entry barrier for a significant reward, the company seeks to capture a larger share of the sports betting market during the active season.
The offer is tied to specific MLB matchups. Some reports highlight games between the Pirates and Reds, as well as the Astros and Rangers [1]. Other reports indicate the promotion targets matchups between the Braves and Nationals, and the Padres and Giants [3].
To qualify for the bonus, users must use a specific promo code when signing up for the service. Once the qualifying $5 [2] bet is placed, the $150 [1] in bonus bets is credited to the user's account. These bonus bets can then be applied to future wagers on the platform.
There are some contradictions regarding the specific timing of the promotion. While some sources said the promotion applies to MLB betting on Friday [1], other reports said a Wednesday timeframe [3]. Users are encouraged to verify the specific terms and conditions within the DraftKings application to ensure their wager meets the qualifying criteria.
Major League Baseball continues to be a primary driver for sportsbooks due to the high volume of daily games. This high frequency of play allows betting companies to run frequent, targeted promotions to maintain user engagement throughout the summer months.
“DraftKings is offering new users $150 in bonus bets”
The aggressive use of bonus bets by DraftKings reflects the intense competition among U.S. sportsbooks to acquire new customer accounts. By offering a high reward-to-risk ratio—$150 for a $5 bet—the company is leveraging the high-volume nature of the MLB season to build a larger user base that may persist beyond the current promotional window.
