What is the DraftKings Sports Betting Promo Code?
The Draftkings promo code is "WIN" and gets your first bet matched instantly up to $500. Other current promo codes include "BOL 1000" for BetOnline to receive up to $1000.
Bonus codes are heavily sought after over the years and they will get even bigger with US-based online gambling sites attempting to compete with the offshore heavyweights like BetOnline. As you can see by the above, they can't, at least not yet.
Draftkings and FanDuel are going to get slaughtered should the Philadelphia Eagles progress through the Playoffs, and especially if they win another Super Bowl. Currently, these betting companies are heavily dependent on the Pennsylvania (specifically Philadelphia) and New Jersey markets.
FanDuel and Draftkings are also getting taxed heavily (36% in PA compared to up to 13% in NJ), thus cutting into any profits.
The FanDuel and Draftkings bonus will serve to make up for a portion of any taxes that gamblers will need to pay: 24% federal and 3% state in PA on winnings as an example.
BetOnline incidentally offers additional free bets on props, live wagering, Bitcoin deposits and a wager placed from one's mobile device.
- Mary Montgomery, Gambling911.com
