DraftKings Promotions FAQ’s

DraftKings Promotions FAQ’s

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If you are just getting started playing on DraftKings, welcome to the party… you’re a little late. Luckily, DraftKings has some of the best promotions in the fantasy industry to help get you started.

We are often asked what the number one thing a new player to DraftKings can learn, and it isn’t strategy or rules or scoring, it’s patience. The strategy will come, figuring out what contests are the best for you will come, winning will come, but only if you are patient.

The first thing you have to keep in mind with your DraftKings promo code and deposit bonus is that you only get one… So make sure you make the most out of this unique opportunity to tilt the DFS odds in your favor.

[vc_toggle title=”What exactly is a deposit bonus?”]A deposit bonus is exactly what it sounds like. In addition to the money you deposit, you receive a % bonus to use on the site. At DraftKings this percentage is 100%. This money has to be used to enter contests on the site.[/vc_toggle]

[vc_toggle title=”How do I receive my deposit bonus cash?”]This is the biggest question we get regarding DraftKings promo codes and bonus cash. The money is obviously not simply made available to you. DraftKings would go out of business almost immediately. Rather, the bonus cash is made available to you in a sort of revenue sharing method.

DraftKings makes between 10-20% off every entry fee you pay. From this, they will give you 4% back in the form of a deposit bonus. So, for every $100 in contests you enter, DraftKings will give you $4 back to use on the site.[/vc_toggle]

[vc_toggle title=”Will I get a bonus every time I deposit?”]As we mentioned earlier, this is the only time you get a deposit bonus, so make the most of it. You may get free entries, or vouchers in the future, but you will never be given bonus money on a deposit again. This is the only chance you get as a DraftKings player to lower the rake and improve your odds of winning.[/vc_toggle]

[vc_toggle title=”Can I open another account to get another bonus?”]This is essentially the cardinal sin in daily fantasy sports. There is zero tolerance for users with multiple accounts. Furthermore, this is the biggest mistake you can make as a player as you will never be able to make a withdrawal. There is a multi-account check built into any withdrawal request, and if you are found to have more than one account you will not be allowed to withdraw your winnings.[/vc_toggle]

[vc_toggle title=”How do DraftKings promotions compare to FanDuel and Yahoo promotions?”]The industry has pretty well gone to a standard bonus, regardless of what site you are on. Generally speaking, FanDuel and DraftKings are far more aggressive than Yahoo. However, there is essentially no difference between a FanDuel promo code and a DraftKings promo code. [/vc_toggle]

[vc_toggle title=”Can I withdraw my winnings made with deposit bonus money?”]While you are not able to withdraw the deposit bonus itself, you are able to withdraw anything you win with your bonus cash. There is no rollover on the bonus cash, if you win a contest, you are always able to withdraw 100% of the winnings.[/vc_toggle]

[vc_toggle title=”Where is my free entry?”]The easiest way to find your free entry is by visiting your account page on DraftKings. Simply click on your user name at the top of the page, then click on my tickets on the left hand side of the account page. Your tickets will appear with a link to the contest(s) that they are eligible to be used on.[/vc_toggle][/vc_column][/vc_row]

Chris is the lead researcher and writer for The Daily Audible. He has a decade of experience in sports gambling, handicapping, daily fantasy sports, scouting, and analysis.

Chris has a background in the development side of After spending almost a decade working on the development end of the fantasy industry, Chris made the move to the content side of the industry in fall of 2011. He covers the NFL, PGA, NBA, and NHL for The Daily Audible.