New DraftKings Promo Code: Bet $5, Get $200 Instantly, Plus 100% Boost on NCAA Tournament Winner Bets

New DraftKings Promo Code: Bet $5, Get $200 Instantly, Plus 100% Boost on NCAA Tournament Winner Bets

DraftKings has launched a brand‑new offer today, and it’s one of the strongest March promos you’ll see this year. New customers who place a $5 wager on any sport receive $200 in Bonus Bets instantly, no matter whether the bet wins or loses.

On top of that, DraftKings is giving every qualifying user a 100% Profit Boost for an NCAA Tournament Winner bet - perfect timing with March Madness tipping off next week. CLICK HERE to sign up today!

This promo runs from March 9, 2026 through April 6, 2026, giving new users a full month to jump in before the national champion is crowned.

Below is exactly how to claim the offer, how the NCAA Tournament Profit Boost works, and which sports you can use the $200 Bonus Bets on this week.

How to Claim the DraftKings Promo: Bet $5, Get $200 Instantly

See below how to claim the brand-new DraftKings New Customer offer today!

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 any sport 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.

How the NCAA Tournament 100% Profit Boost Works

Along with the $200 in Bonus Bets, DraftKings gives every qualifying user a 100% Profit Boost Token for an NCAA Tournament Winner bet.

Here’s how it works:

• The Profit Boost applies only to an NCAA Tournament Winner bet
• Maximum bet amount: $10
• The boost doubles your winnings (profit only - not the stake)
• Token expires April 6, 2026 at 11:59 PM ET
• All other bet types are excluded

Example: If you place a $10 bet on a +800 tournament winner, the Profit Boost doubles the profit portion - turning an $80 profit into $160.

With March Madness starting next week, this is perfectly timed for anyone looking to take a shot on a long‑odds champion.

Sports You Can Use the DraftKings Promo Code On

Your $5 qualifying wager can be placed on any sport, and your $200 in Bonus Bets can be used across the entire DraftKings sportsbook.

Here’s what’s available this week:

NBA

Daily games, player props, same‑game parlays, and playoff positioning battles.

NHL

Full slate of games as teams push toward the postseason.

College Basketball

Conference tournaments underway now, with March Madness starting next week.

Soccer

Premier League, Champions League, MLS, and more.

UFC

Weekly fight cards plus future markets.

Golf, Tennis, Motorsports, and more

All eligible for Bonus Bets.

This promo is designed to give new users maximum flexibility - bet on anything, get your bonus instantly, and save your Profit Boost for the NCAA Tournament.

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.