DraftKings is offering new users $100 in bonus bets after placing an initial $5 wager on specific sports matchups this Saturday [1, 2].
This promotion targets high-profile postseason action, allowing bettors to leverage a small entry cost for a larger credit during critical playoff windows. The offer is designed to attract new users to the platform during the peak of the NBA and NHL seasons.
The promotion applies to the NBA Eastern Conference Finals game between the Cleveland Cavaliers and the New York Knicks [1, 2]. While reports vary on the specific game number—with some citing Game 2 [5] and others citing Game 3 [4]—the offer remains active for the Saturday schedule.
Additionally, the bonus is applicable to the NHL matchup between the Montreal Canadiens and the Carolina Hurricanes [1]. Users who place the minimum $5 wager [2] receive the $100 bonus instantly [1, 2].
For those looking to maximize potential returns, the platform highlighted a parlay option. A three-pick parlay currently carries a payout multiplier of +987, meaning a user could risk $100 to win $987 [3].
The company has not provided a specific expiration time for the promo code beyond the Saturday game dates [1]. Users must register a new account to qualify for the instant bonus credit [2].
“DraftKings is offering new users $100 in bonus bets after placing an initial $5 wager.”
This aggressive acquisition strategy reflects the intense competition among U.S. sportsbooks to capture market share during the 'playoff bubble.' By offering a 20-to-1 return on the initial required wager, DraftKings is lowering the barrier to entry for casual fans, prioritizing user growth over immediate profit margins on these specific events.
