DraftKings Promo Code: Bet $5, Get $200 Instantly on the Last Four March Matchups
A quick guide to unlocking DraftKings’ Bet $5, Get $200 Instant Bonus for Saturday’s national semifinals, including the latest Illinois vs UConn and Michigan vs Arizona odds, how to watch the games, and how the promo works for new users.
Oliver Leonard - April 4, 2026, 11:00 AM EDT
3 Minute ReadDraftKings Promo Code: Bet $5, Get $200 Instantly on the Last Four March Matchups
Saturday’s national college basketball semifinals are here, and DraftKings is giving new users one of the strongest offers available for college basketball bettors.
With the DraftKings Bet $5, Get $200 Instantly promotion, you can turn a small wager into a massive bonus return - perfect for building bets on both Illinois vs UConn and Michigan vs Arizona. CLICK HERE to sign up with DraftKings today and get started.
Below, you’ll find the full promo details, the latest odds for both matchups, how to watch, and a quick FAQ section to help you get the most out of the offer.
DraftKings New Customer Promo: Bet $5, Get $200 Instantly
If you’re new to DraftKings, you can unlock $200 in bonus bets in time for Saturday’s action with the DraftKings promo code.
Step One: CLICK HERE or head to DraftKings and register a new account.
Step Two: Deposit $5 or more into your DraftKings account.
Step Three: Place a $5+ wager on the NCAA between 3/9/26 at 12:00 AM ET and 4/6/26 at 11:59 PM ET. Your first placed wager of $5+ is your qualifying bet.
Step Four: Receive $200 in Bonus Bets instantly, regardless of whether your qualifying wager wins or loses + one month of ESPN Unlimited.
Saturday, April 4 - National Semifinal Odds
Below are the latest DraftKings odds for both matchups.
Illinois vs UConn — 6:09 PM EDT
Moneyline
- Illinois: –127
- UConn: +115
Spread
- Illinois –2 (–110)
- UConn +2 (–110)
Total
- Over 139.5 (–108)
- Under 139.5 (–108)
Michigan vs Arizona — 8:49 PM EDT
Moneyline
- Michigan: –118
- Arizona: +105
Spread
- Michigan –1.5 (–102)
- Arizona +1.5 (–109)
Total
- Over 157.5 (–110)
- Under 157.5 (–110)
How to Watch Saturday’s Games
You can watch both national semifinals on:
- TBS
- TNT
- truTV
DraftKings Promo Code FAQs
Do I need a promo code?
No - just register through the link and place your first $5+ wager.
Do I get the $200 even if my bet loses?
Yes. The bonus is awarded instantly regardless of the outcome.
Can I use the bonus on any market?
Yes - spreads, totals, props, alternate lines, and more.
Is the offer available in all states?
It’s available in most DraftKings states, but eligibility varies by location.
DraftKings Sportsbook Promo Code Terms & Conditions
Here are the updated terms and conditions for the $200 DraftKings promotion:
1 per new customer. Get max. $200 in Bonus Bets. Bonus Bets expire in 7 days (168 hours). Bonus Bets issued as (8) $25 Bonus Bets. Bonus Bets are single-use and non-withdrawable. Stake removed from payout. Terms: sportsbook.draftkings.com/promos Ends 4/6/26 at 11:59 PM ET. Must be physically located in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/KY/WY/PR). New Customers Only. GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
