DraftKings is offering new users $200 [1] in instant bonus bets after placing an initial $5 [2] wager on professional sports.

The promotion leverages high-profile events to attract new customers to the betting platform during a peak period for North American sports. By targeting the NBA Finals and Major League Baseball, the operator aims to drive immediate wagering activity through low-barrier entry costs.

The offer is specifically tied to the NBA Finals matchup between the San Antonio Spurs and the New York Knicks. Eligible users can activate the bonus by betting on Game 2, which took place Wednesday, June 5, 2026 [3]. The promotion is designed to provide an immediate incentive for those entering the market for the first time.

In addition to the basketball championship, the operator is promoting MLB betting. The marketing materials for the promotion specifically mention MLB pitcher Paul Skenes as a target for wagers. This multi-sport approach allows the company to capture audiences from different fan bases simultaneously.

To qualify for the $200 [1] bonus, the user must be a new customer and meet the minimum $5 [2] wager requirement. Once the initial bet is placed on the Spurs-Knicks game or a qualifying MLB event, the bonus bets are credited to the account instantly. This differs from traditional sign-up bonuses that may require a deposit, or a winning bet, to trigger the reward.

DraftKings continues to use these aggressive promotional codes to maintain market share against competing sportsbooks. The use of specific athlete names and high-stakes games like the NBA Finals serves to create a sense of urgency for the consumer.

DraftKings is offering new users $200 in instant bonus bets after placing an initial $5 wager

This promotion reflects the intensifying competition among U.S. sports betting operators to acquire new users during the 'cross-sport' window where the NBA and MLB seasons overlap. By lowering the entry cost to $5 and providing a high-value instant return, DraftKings is prioritizing rapid user growth and database expansion over immediate profit margins on individual bets.