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New DraftKings Promo Code: Bet $5, Get $200 on Winter Olympics Ice Hockey Semi Finals

Here is a breakdown of DraftKings’ new Bet $5, Get $200 offer and how bettors can use it alongside today’s Winter Olympics women’s ice hockey semifinal matchups featuring USA vs Sweden and Canada vs Switzerland.

Oliver Leonard - February 16, 2026, 8:00 AM EST

3 Minute Read

New DraftKings Promo Code: Bet $5, Get $200 on Winter Olympics Ice Hockey Semi Finals

The Winter Olympics Women’s Ice Hockey Semi‑Finals are here, and DraftKings has dropped a brand‑new welcome offer that lines up perfectly with today’s matchups.

New users can unlock the DraftKings Bet $5, Get $200 promotion - meaning a simple $5 wager on any market at qualifying odds can return $200 in Bonus Bets instantly if it wins. CLICK HERE to sign up today.

With Team USA and Team Canada both playing today and both entering as overwhelming favorites, this is one of the best opportunities to use the new DraftKings promo. Below is everything you need to know about the offer, today’s semifinal odds, and how to use your bonus bets on Olympic ice hockey.

How to Claim the DraftKings Promo Code: Bet $5, Get $200 (If Your Bet Wins)

This offer is available to all new users in eligible states and can be used on any sport - including today’s Olympic hockey semifinals.

Step 1: CLICK HERE or head to DraftKings and register a new account.

Step 2: Deposit $5 or more into your DraftKings sportsbook account.

Step 3: Place a $5 bet on any Ice Hockey market, at minimum odds of –500 (or longer). No promo code required.

Step 4: If your bet wins, you’ll receive $200 in bonus bets credited instantly.

Women’s Ice Hockey Semi‑Final Odds

Two massive matchups take place today, and both feature the tournament’s dominant forces: USA and Canada.

Sweden (W) vs USA (W)

10:40 AM EST

  • Sweden: +3300
  • USA: –7000

Team USA has been overpowering throughout the tournament and enters as one of the biggest favorites of the entire Winter Olympics.

Switzerland (W) vs Canada (W)

3:10 PM EST

  • Switzerland: +3300
  • Canada: –8000

Canada has been equally dominant, setting up the possibility of another USA-Canada gold‑medal showdown.

How to Use the DraftKings Bet $5, Get $200 Promo on the Semi‑Finals

Because USA and Canada moneylines do not qualify for the promo, here’s the correct way to use the offer:

1. Place Your Qualifying Bet on Another Market

Examples that meet the –500 or longer requirement:

  • NBA spread or total
  • NHL moneyline
  • Soccer match
  • Olympic props
  • Any market with odds of –500 or longer

Once that bet wins, you receive $200 in Bonus Bets.

2. Use Your $200 Bonus Bets on the Semi‑Finals

This is where the real value comes in. Bonus Bets are perfect for:

  • Puck lines (USA –4.5, Canada –5.5, etc.)
  • Winning margin props
  • First‑period totals
  • Alternate spreads
  • Same Game Parlays

These markets offer far better payouts than the moneyline.

3. Split Your Bonus Bets Across Both Games

With $200 in Bonus Bets, you can spread your wagers:

  • $50 on USA puck line
  • $50 on Canada puck line
  • $50 on USA winning margin
  • $50 on Canada first‑period over

This gives you multiple chances to cash in.

4. Use Bonus Bets on Higher‑Odds Plays

Because Bonus Bets don’t return stake, they’re best used on:

  • Plus‑money props
  • Alternate lines
  • Parlays

This maximizes potential return.

DraftKings Promo Code Terms & Conditions

Here are the terms and conditions for the $200 DraftKings promotion:

1 per new customer. Get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 3/15/2026. Bonus Bets expire in 7 days (168 hours). Bonus Bets issued as (8) $25 Bonus Bets. Stake removed from payout. Terms: sportsbook.draftkings.com/promos . Ends 3/8/26 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). New Customers Only.

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