DraftKings Promo Code: Bet $5, Get $200 on F1 Season Opener

DraftKings Promo Code: Bet $5, Get $200 on F1 Season Opener

The wait is over. The 2026 Formula 1 season gets underway this weekend with the Australian Grand Prix at Melbourne's Albert Park Circuit, and it's shaping up to be one of the most unpredictable season openers in years.

With the most sweeping technical changes since 2022, including brand new chassis, new power units, and a completely reshuffled competitive order, nobody truly knows who will come out on top in Melbourne, which makes this one of the best betting opportunities of the F1 calendar.

And with the DraftKings promo code, Bet $5, Get $200 in Bonus Bets (if your bet wins), new customers have the perfect way to get involved. CLICK HERE to sign up today!

The 2026 season runs across 24 races, with new entrant Cadillac joining the grid to make it 11 teams and 22 drivers. With George Russell, Max Verstappen, Charles Leclerc, and Lewis Hamilton all in contention from the very first race, the outright and futures markets are already generating huge betting interest.

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

Here's how to claim the offer;

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 Australian Grand Prix 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.

2026 Australian Grand Prix DraftKings Odds

Individual Winner

• George Russell: +180
• Max Verstappen: +400
• Charles Leclerc: +400
• Kimi Antonelli: +550
• Oscar Piastri: +850
• Lewis Hamilton +850
• Lando Norris: +1400
• Isack Hadjar: +6500
• Oliver Bearman: +25000
• Liam Lawson: +25000
• Arvid Lindlad: +25000
• Esteban Ocon: +25000
• Nico Hulkenberg: +25000
• Carlos Sainz: +40000
• Pierre Gasly: +30000
• Gabriel Bortoleto: +25000
• Alex Albon: +40000
• Franco Colapinto: +30000
• Sergio Perez: +70000
• Lance Stroll: +70000
• Valtteri Bottas: +70000
• Fernando Alonso: +70000

Winning Team

• Mercedes: +110
• Ferrari: +250
• Red Bull: +350
• McLaren: +500
• Racing Bulls: +13000
• Haas: +13000
• Audi: +13000
• Williams: +20000
• Alpine: +20000
• Aston Martin: +35000
• Cadillac: +35000

Winning Nationality

• British: -110
• French: +4500
• Spanish: +25000

How to Watch the 2026 Australian Grand Prix in the U.S.

TV and Streaming: Apple TV+ (exclusive U.S. broadcaster for all F1 races in 2026)

Race Schedule (ET): Practice 1: Thursday, March 13 at 11:30 PM ET Practice 2: Friday, March 14 at 3:00 AM ET Practice 3: Saturday, March 15 at 12:30 AM ET Qualifying: Saturday, March 15 at 4:00 AM ET Race: Sunday, March 16 at 1:00 AM ET

DraftKings Promo Code FAQs

• How do I get $200 on DraftKings? No promo code required. Simply register a new account, deposit $5, and place a $5 qualifying bet. If your bet wins, you'll receive $200 in Bonus Bets.
• What happened to the $300 bonus? That's typically reserved for new-state launches. The current national new customer offer is Bet $5, Get $200 in Bonus Bets.
• Is the old $200 promo still available? Offers can change regularly. The current Bet $5, Get $200 offer is the live promotion available to new customers right now.
• Where do I enter the promo code? No promo code is needed for this offer. Simply register a new DraftKings account and the offer will be automatically applied.
• How fast are withdrawals? PayPal, Venmo, and online banking withdrawals are usually processed within a few hours.
• Is DraftKings legit? Yes. DraftKings is one of the largest and most trusted sportsbooks in the US, licensed across multiple states and publicly listed on the Nasdaq.

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.